XML 14 R2.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 660.1 $ 706.6
Accounts receivable, net 231.0 256.8
Prepaid expenses 141.5 152.3
Other current assets 55.1 38.7
Total current assets 1,087.7 1,154.4
Property and equipment, net 3,777.7 3,705.0
Investment in and advances to unconsolidated affiliates 80.4 86.2
Goodwill 1,784.8 2,563.1
Other intangible assets, net 1,506.3 1,529.9
Operating lease right-of-use assets 3,899.3 3,976.8
Finance lease right-of-use assets 1,946.9 2,014.3
Other assets 227.4 232.0
Total assets 14,310.5 15,261.7
Current liabilities    
Accounts payable 69.7 50.8
Current maturities of long-term debt 38.2 38.2
Current portion of financing obligations 45.2 43.5
Current portion of operating lease liabilities 372.7 322.1
Current portion of finance lease liabilities 49.0 53.2
Accrued expenses and other current liabilities 867.9 907.3
Total current liabilities 1,442.7 1,415.1
Long-term debt, net of current maturities, debt discounts, and debt issuance costs 2,796.3 2,732.5
Long-term portion of financing obligations 2,309.4 2,343.1
Long-term portion of operating lease liabilities 3,534.4 3,654.3
Long-term portion of finance lease liabilities 2,027.6 2,062.3
Deferred income taxes 117.3 61.0
Other long-term liabilities 130.0 135.0
Total liabilities 12,357.7 12,403.3
Commitments and contingencies (Note 9)
Stockholders’ equity    
Treasury stock, at cost (40,381,533 and 25,166,902 shares) (1,051.3) (779.5)
Additional paid-in capital 4,626.7 4,542.4
Accumulated deficit (1,417.2) (647.0)
Accumulated other comprehensive loss (201.2) (255.0)
Total PENN Entertainment, Inc. stockholders’ equity 1,958.8 2,862.7
Non-controlling interest (6.0) (4.3)
Total stockholders’ equity 1,952.8 2,858.4
Total liabilities and stockholders’ equity 14,310.5 15,261.7
Series B Preferred Stock    
Stockholders’ equity    
Preferred stock 0.0 0.0
Series C Preferred Stock    
Stockholders’ equity    
Preferred stock 0.0 0.0
Series D Preferred Stock    
Stockholders’ equity    
Preferred stock 0.0 0.0
Common Stock, Non-Exchangeable    
Stockholders’ equity    
Common stock $ 1.8 $ 1.8
Common stock, shares outstanding (in shares) 137,719,193 152,229,171
Common Stock, Exchangeable    
Stockholders’ equity    
Common stock $ 0.0 $ 0.0
Common stock, shares outstanding (in shares) 379,941 466,534