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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS
$ in Millions
9 Months Ended
Sep. 30, 2022
USD ($)
Sep. 30, 2021
USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net cash provided by operating activities $ 469 $ 974
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment, net (717) (313)
Acquisition of gaming rights and trademarks (11) (282)
Proceeds from sale of businesses, property and equipment, net of cash sold 21 709
Proceeds from the sale of investments 121 206
Proceeds from insurance related to property damage 36 44
Investments in unconsolidated affiliates 0 (39)
Net cash used in investing activities (550) (1,231)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from long-term debt and revolving credit facilities 750 1,308
Repayments of long-term debt and revolving credit facilities (1,761) (1,125)
Cash paid to settle convertible notes 0 (367)
Financing obligation payments (1) 0
Debt issuance and extinguishment costs 0 (42)
Taxes paid related to net share settlement of equity awards (26) (33)
Net cash used in financing activities (1,038) (259)
CASH FLOWS FROM DISCONTINUED OPERATIONS:    
Cash flows from operating activities (18) (55)
Cash flows from investing activities 386 (1,453)
Cash flows from financing activities 0 591
Net cash from discontinued operations 368 (917)
Change in cash, cash equivalents and restricted cash classified as assets held for sale 0 10
Effect of foreign currency exchange rates on cash (29) 31
Decrease in cash, cash equivalents and restricted cash (780) (1,392)
Cash, cash equivalents and restricted cash, beginning of period 2,021 4,280
Cash, cash equivalents and restricted cash, end of period 1,241 2,888
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH TO AMOUNTS REPORTED WITHIN THE CONSOLIDATED CONDENSED BALANCE SHEETS:    
Cash and cash equivalents 944 1,072
Restricted cash included in restricted cash and investments 136 302
Restricted and escrow cash included in other assets, net 161 1,166
Cash and cash equivalents and restricted cash held for sale - discontinued operations 0 348
Total cash, cash equivalents and restricted cash 1,241 2,888
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest paid 1,571 1,528
Income taxes (refunded) paid, net 18 (6)
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Payables for capital expenditures 118 72
Convertible notes settled with shares 0 440
Land contributed to joint venture 0 61
William Hill    
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments for acquisitions 0 (1,551)
Horseshoe Baltimore    
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments for acquisitions $ 0 $ (5)