XML 116 R77.htm IDEA: XBRL DOCUMENT v3.25.4
Debt - Credit Agreement Narrative (Details) - USD ($)
12 Months Ended
Nov. 13, 2025
Dec. 31, 2025
Nov. 12, 2025
Jun. 18, 2025
Jun. 17, 2025
Dec. 31, 2024
Debt Instrument [Line Items]            
Debt (inclusive of discount)   $ 16,544,473,000       $ 13,836,364,000
Term Loan Facility | Term Loan A            
Debt Instrument [Line Items]            
Maximum borrowing capacity $ 500,000,000     $ 500,000,000 $ 218,750,000  
Quarterly payment amount   $ 6,250,000        
Debt instrument, basis spread on variable rate   1.75%        
Fair value   $ 487,500,000       $ 216,016,000
Average interest rate   5.50%       6.10%
Debt (inclusive of discount)   $ 487,500,000       $ 216,016,000
Term Loan Facility | Term Loan B            
Debt Instrument [Line Items]            
Maximum borrowing capacity 2,036,700,000   $ 1,836,700,000      
Payments of debt issuance costs 1,750,000          
Quarterly payment amount   $ 5,182,000        
Debt instrument, basis spread on variable rate   2.00%        
Fair value   $ 2,031,495,000       $ 1,850,698,000
Average interest rate   5.80%       6.40%
Debt (inclusive of discount)   $ 2,020,957,000       $ 1,840,181,000
Credit Agreement            
Debt Instrument [Line Items]            
Letters of credit outstanding   80,751,000        
Credit Agreement | Revolving Credit Facility            
Debt Instrument [Line Items]            
Maximum borrowing capacity $ 2,750,000,000          
Fair value   751,500,000       $ 121,000,000
Letters of credit outstanding   $ 12,398,000        
Period of earnings before interest, taxes, depreciation, amortization and rent expense (EBITDAR) for calculation of remaining borrowing capacity   12 months        
Remaining amount available for borrowing under credit facility   $ 1,986,102,000        
Average interest rate   5.70%       6.30%
Debt (inclusive of discount)   $ 751,500,000       $ 121,000,000
Credit Agreement | Revolving Credit Facility | Minimum            
Debt Instrument [Line Items]            
Commitment fee percentage   0.20%        
Credit Agreement | Revolving Credit Facility | Maximum            
Debt Instrument [Line Items]            
Commitment fee percentage   0.30%