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v3.21.1

Fair Value Measurements - Carrying Amounts and Estimated Fair Values by Input Level (Details) - USD ($) $ in Millions | Mar. 31, 2021 | Dec. 31, 2020 | Jan. 19, 2017
--- | --- | --- | ---
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |  |
Interest rate | 5.625% |  |
Financial assets: |  |  |
Equity securities | $ 169.3 | $ 143.1 |
Senior Notes | 5.625% Notes |  |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |  |
Interest rate | 5.625% | 5.625% | 5.625%
Recurring | Level 1 |  |  |
Financial assets: |  |  |
Cash and cash equivalents | $ 2,062.2 | $ 1,853.8 |
Equity securities | 0.0 | 0.0 |
Held-to-maturity securities | 0.0 | 0.0 |
Promissory notes | 0.0 | 0.0 |
Financial liabilities: |  |  |
Other liabilities | 0.0 | 0.0 |
Puts and calls related to certain Barstool Sports shares | 0.0 | 0.0 |
Recurring | Level 1 | Senior Secured Credit Facilities |  |  |
Financial liabilities: |  |  |
Long-term debt | 1,603.9 | 1,609.3 |
Recurring | Level 1 | Senior Notes | 5.625% Notes |  |  |
Financial liabilities: |  |  |
Long-term debt | 415.5 | 418.0 |
Recurring | Level 1 | Senior Notes | 2.75% Convertible Notes due 2026 |  |  |
Financial liabilities: |  |  |
Long-term debt | 1,488.9 | 1,274.5 |
Recurring | Level 1 | Other long-term obligations |  |  |
Financial liabilities: |  |  |
Long-term debt | 0.0 | 0.0 |
Recurring | Level 2 |  |  |
Financial assets: |  |  |
Cash and cash equivalents | 0.0 | 0.0 |
Equity securities | 169.3 | 143.1 |
Held-to-maturity securities | 6.7 | 6.7 |
Promissory notes | 15.1 | 15.1 |
Financial liabilities: |  |  |
Other liabilities | 2.6 | 2.8 |
Puts and calls related to certain Barstool Sports shares | 3.1 | 0.3 |
Recurring | Level 2 | Senior Secured Credit Facilities |  |  |
Financial liabilities: |  |  |
Long-term debt | 0.0 | 0.0 |
Recurring | Level 2 | Senior Notes | 5.625% Notes |  |  |
Financial liabilities: |  |  |
Long-term debt | 0.0 | 0.0 |
Recurring | Level 2 | Senior Notes | 2.75% Convertible Notes due 2026 |  |  |
Financial liabilities: |  |  |
Long-term debt | 0.0 | 0.0 |
Recurring | Level 2 | Other long-term obligations |  |  |
Financial liabilities: |  |  |
Long-term debt | 72.3 | 72.8 |
Recurring | Level 3 |  |  |
Financial assets: |  |  |
Cash and cash equivalents | 0.0 | 0.0 |
Equity securities | 0.0 | 0.0 |
Held-to-maturity securities | 0.0 | 0.0 |
Promissory notes | 0.0 | 0.0 |
Financial liabilities: |  |  |
Other liabilities | 7.4 | 7.3 |
Puts and calls related to certain Barstool Sports shares | 0.0 | 0.0 |
Recurring | Level 3 | Senior Secured Credit Facilities |  |  |
Financial liabilities: |  |  |
Long-term debt | 0.0 | 0.0 |
Recurring | Level 3 | Senior Notes | 5.625% Notes |  |  |
Financial liabilities: |  |  |
Long-term debt | 0.0 | 0.0 |
Recurring | Level 3 | Senior Notes | 2.75% Convertible Notes due 2026 |  |  |
Financial liabilities: |  |  |
Long-term debt | 0.0 | 0.0 |
Recurring | Level 3 | Other long-term obligations |  |  |
Financial liabilities: |  |  |
Long-term debt | 74.0 | 0.0 |
Recurring | Carrying Amount |  |  |
Financial assets: |  |  |
Cash and cash equivalents | 2,062.2 | 1,853.8 |
Equity securities | 169.3 | 143.1 |
Held-to-maturity securities | 6.7 | 6.7 |
Promissory notes | 15.1 | 15.1 |
Financial liabilities: |  |  |
Other liabilities | 10.2 | 10.1 |
Puts and calls related to certain Barstool Sports shares | 3.1 | 0.3 |
Recurring | Carrying Amount | Senior Secured Credit Facilities |  |  |
Financial liabilities: |  |  |
Long-term debt | 1,586.4 | 1,600.3 |
Recurring | Carrying Amount | Senior Notes | 5.625% Notes |  |  |
Financial liabilities: |  |  |
Long-term debt | 399.5 | 399.5 |
Recurring | Carrying Amount | Senior Notes | 2.75% Convertible Notes due 2026 |  |  |
Financial liabilities: |  |  |
Long-term debt | 243.1 | 239.8 |
Recurring | Carrying Amount | Other long-term obligations |  |  |
Financial liabilities: |  |  |
Long-term debt | 146.3 | 73.0 |
Recurring | Fair Value |  |  |
Financial assets: |  |  |
Cash and cash equivalents | 2,062.2 | 1,853.8 |
Equity securities | 169.3 | 143.1 |
Held-to-maturity securities | 6.7 | 6.7 |
Promissory notes | 15.1 | 15.1 |
Financial liabilities: |  |  |
Other liabilities | 10.0 | 10.1 |
Puts and calls related to certain Barstool Sports shares | 3.1 | 0.3 |
Recurring | Fair Value | Senior Secured Credit Facilities |  |  |
Financial liabilities: |  |  |
Long-term debt | 1,603.9 | 1,609.3 |
Recurring | Fair Value | Senior Notes | 5.625% Notes |  |  |
Financial liabilities: |  |  |
Long-term debt | 415.5 | 418.0 |
Recurring | Fair Value | Senior Notes | 2.75% Convertible Notes due 2026 |  |  |
Financial liabilities: |  |  |
Long-term debt | 1,488.9 | 1,274.5 |
Recurring | Fair Value | Other long-term obligations |  |  |
Financial liabilities: |  |  |
Long-term debt | $ 146.3 | $ 72.8 |

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