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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ (211) $ 828 $ (910)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Discontinued operations, net of income taxes 0 0 386
Depreciation and amortization 1,324 1,261 1,205
Amortization of deferred financing costs and discounts 179 200 297
Provision for doubtful accounts 49 41 25
Loss on extinguishment of debt 89 200 85
Non-cash lease amortization 26 51 54
(Gain) loss on investments (7) (5) 54
Stock-based compensation expense 94 104 101
(Gain) loss on sale or disposal of property, equipment, trademark and businesses (359) 22 5
Impairment charges 302 95 108
Deferred income taxes 87 (888) (41)
Gain on derivatives 0 0 (73)
Other non-cash adjustments to net (income) loss (23) (40) (57)
Change in operating assets and liabilities:      
Accounts receivable 86 (82) (143)
Prepaid expenses and other assets (13) 39 (15)
Income taxes receivable and payable, net (48) (27) (7)
Accounts payable, accrued expenses and other liabilities (500) 10 (82)
Other 0 0 1
Net cash provided by operating activities 1,075 1,809 993
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of property and equipment (1,296) (1,264) (952)
Acquisition of gaming rights and developed technology (15) (30) (11)
Proceeds from sale of property, equipment, trademark and businesses 554 1 39
Proceeds from the sale of investments 14 4 126
Proceeds from insurance related to property damage 0 0 36
Distribution from unconsolidated affiliate 39 0 0
Investments in unconsolidated affiliates 0 (3) 0
Other 0 36 (6)
Net cash used in investing activities (704) (1,256) (768)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from long-term debt and revolving credit facilities 7,525 5,460 1,500
Repayments of long-term debt and revolving credit facilities (7,670) (6,106) (2,738)
Financing obligation payments (8) (8) (3)
Debt issuance and extinguishment costs (121) (79) (12)
Proceeds from issuance of common stock 0 0 1
Repurchase of common stock (191) 0 0
Taxes paid related to net share settlement of equity awards (17) (27) (27)
Payments to acquire ownership interest in subsidiary 0 (66) 0
Contributions from noncontrolling interest owners 0 116 0
Distributions to noncontrolling interest owners (16) (3) (3)
Net cash used in financing activities (498) (713) (1,282)
CASH FLOWS FROM DISCONTINUED OPERATIONS:      
Cash flows from operating activities 0 0 (18)
Cash flows from investing activities 0 0 386
Net cash from discontinued operations 0 0 368
Effect of foreign currency exchange rates on cash 0 0 (29)
Decrease in cash, cash equivalents and restricted cash (127) (160) (718)
Cash, cash equivalents and restricted cash, beginning of period 1,143 1,303 2,021
Cash, cash equivalents and restricted cash, end of period 1,016 1,143 1,303
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH TO AMOUNTS REPORTED WITHIN THE CONSOLIDATED BALANCE SHEETS:      
Cash and cash equivalents 866 1,005 1,038
Restricted cash 95 122 131
Restricted and escrow cash included in other long-term assets 55 16 134
Total cash, cash equivalents and restricted cash 1,016 1,143 1,303
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Cash interest paid for debt 1,052 846 805
Cash interest paid for rent related to financing obligations 1,324 1,286 1,205
Income taxes paid, net 48 26 22
NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Payables for capital expenditures 174 169 145
Acquisition of intangible assets 32 0 0
Note receivable from WSOP trademark sale $ 250 $ 0 $ 0