XML 27 R9.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Property and Equipment | 3 Months Ended
--- | ---
Mar. 31, 2024
Property, Plant and Equipment [Abstract] |
Property and Equipment | Property and Equipment
(In millions) | March 31, 2024 |  | December 31, 2023
Land | $ | 2,088 |  |  | $ | 2,088 |
Buildings, riverboats, and leasehold and land improvements | 13,622 |  |  | 13,543 |
Furniture, fixtures, and equipment | 2,484 |  |  | 2,409 |
Construction in progress | 932 |  |  | 762 |
Total property and equipment | 19,126 |  |  | 18,802 |
Less: accumulated depreciation | (4,323) |  |  | (4,046) |
Total property and equipment, net | $ | 14,803 |  |  | $ | 14,756 |
A portion of our property and equipment is subject to various operating leases for which we are the lessor. Leased property includes our hotel rooms, convention space and retail space through various short-term and long-term operating leases.
Depreciation Expense |  |  |  |  |  |  |
|  |  | Three Months Ended March 31,
(In millions) |  |  |  |  | 2024 |  | 2023
Depreciation expense |  |  |  |  | $ | 291 |  |  | $ | 264 |
Depreciation is calculated using the straight-line method over the shorter of the estimated useful life of the asset or the related lease.

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-7 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration