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Property and Equipment (Tables) | 12 Months Ended
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Dec. 31, 2024
Property, Plant and Equipment [Abstract] |
Summary of Property and Equipment | Useful lives of each asset class are generally as follows:
Buildings and improvements | 3 to 40 years
Land improvements | 12 to 40 years
Furniture, fixtures and equipment | 3 to 15 years
Riverboats | 30 years
Property and Equipment, Net |  |  |
| December 31,
(In millions) | 2024 |  | 2023
Land | $ | 2,059 |  |  | $ | 2,088 |
Buildings, riverboats, and leasehold and land improvements | 14,866 |  |  | 13,543 |
Furniture, fixtures, and equipment | 2,880 |  |  | 2,409 |
Construction in progress | 167 |  |  | 762 |
Total property and equipment | 19,972 |  |  | 18,802 |
Less: accumulated depreciation | (5,160) |  |  | (4,046) |
Total property and equipment, net | $ | 14,812 |  |  | $ | 14,756 |
Depreciation Expense |  |  |  |  |
| Years Ended December 31,
(In millions) | 2024 |  | 2023 |  | 2022
Depreciation expense | $ | 1,189 |  |  | $ | 1,117 |  |  | $ | 1,018 |

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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-1 + Details
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