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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net income (loss) $ 439.4 $ 249.1 $ (82.1)
Loss from discontinued operations, net of tax 0.0 0.0 (95.4)
Income from continuing operations, net of tax 439.4 249.1 13.3
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 113.7 103.2 92.9
Equity in income of unconsolidated affiliates (152.7) (143.2) (27.7)
Distributions from unconsolidated affiliates 156.9 109.4 30.7
Stock-based compensation 31.8 27.8 23.7
Deferred income taxes 108.7 9.8 30.1
Asset impairments 38.3 15.3 17.5
Amortization of operating lease assets 5.3 5.3 5.0
Gain on Calder land sale (274.6) 0.0 0.0
Other 7.4 5.3 4.5
Changes in operating assets and liabilities, net of businesses acquired and dispositions:      
Income taxes 28.2 12.9 (34.6)
Deferred revenue (12.7) 10.7 (8.3)
Other assets and liabilities 21.1 53.9 (3.9)
Net cash provided by operating activities 510.8 459.5 143.2
Cash flows from investing activities:      
Capital maintenance expenditures (50.2) (39.5) (23.0)
Capital project expenditures (373.3) (52.3) (211.2)
Acquisition of businesses, net of cash acquired (2,918.5) 0.0 0.0
Acquisition of gaming rights, net of cash acquired (33.3) 0.0 0.0
Proceeds from the Calder land sale 279.0 0.0 0.0
Other (7.4) (8.6) (5.2)
Net cash used in investing activities (3,103.7) (100.4) (239.4)
Cash flows from financing activities:      
Proceeds from borrowings under long-term debt obligations 2,862.4 780.8 726.1
Repayments of borrowings under long-term debt obligations (205.4) (430.9) (580.4)
Payment of dividends (26.0) (24.8) (23.4)
Repurchase of common stock (174.9) (297.5) (28.4)
Cash settlement of stock awards 0.0 0.0 (12.7)
Taxes paid related to net share settlement of stock awards (28.4) (12.9) (18.7)
Debt issuance costs (27.3) (6.9) (2.0)
Change in bank overdraft 13.3 (10.5) 13.4
Other 2.3 2.2 2.1
Net cash provided by (used in) financing activities 2,416.0 (0.5) 76.0
Cash flows from discontinued operations:      
Operating cash flows of discontinued operations 26.0 (124.0) (1.3)
Net (decrease) increase in cash, cash equivalents and restricted cash (150.9) 234.6 (21.5)
Cash, cash equivalents and restricted cash, beginning of year 355.6 121.0 142.5
Cash, cash equivalents and restricted cash, end of year 204.7 355.6 121.0
Supplemental disclosures of cash flow information:      
Interest 133.6 77.5 79.6
Cash paid for income taxes 68.6 72.4 1.6
Cash received from income tax refunds 61.6 0.0 0.0
Schedule of non-cash investing and financing activities:      
Dividends payable 27.0 27.0 25.8
Deferred payment on gaming rights included in accounts payable and accrued expenses 50.6 0.0 0.0
Property and equipment additions included in accounts payable and accrued expense and other current liabilities 51.3 18.7 12.9
Repurchase of common stock in payment of income taxes on stock-based compensation included in accrued expense and other current liabilities $ 1.7 $ 3.2 $ 0.0