Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash flows from operating activities
Net income	$ 253,009	$ 91,198
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	249,769	199,839
Amortization of debt discounts, premiums and issuance costs	8,844	12,445
Loss on retirement of long-term debt	0	661
Provision for doubtful accounts	12,867	5,009
Stock-based compensation	15,960	12,048
Property transactions, net	1,696	5,131
(Income) loss from unconsolidated affiliates	(32,782)	5,792
Distributions from unconsolidated affiliates	4,250	6,911
Deferred income taxes	(9,020)	7,653
Change in operating assets and liabilities:
Accounts receivable	36,223	22,747
Inventories	(2,796)	6,602
Income taxes receivable and payable, net	66,696	6,779
Prepaid expenses and other	(40,899)	(40,381)
Prepaid Cotai land concession premium	(12,947)	(12,904)
Accounts payable and accrued liabilities	(141,058)	(93,704)
Other	(4,377)	(11,230)
Net cash provided by operating activities	405,435	224,596
Cash flows from investing activities
Capital expenditures, net of construction payable	(456,075)	(427,499)
Dispositions of property and equipment	180	227
Investments in unconsolidated affiliates	(3,500)	(1,555)
Distributions from unconsolidated affiliates in excess of cumulative earnings	0	1,629
Other	(6,554)	(2,826)
Net cash used in investing activities	(465,949)	(430,024)
Cash flows from financing activities
Net borrowings under bank credit facilities – maturities of 90 days or less	107,480	243,000
Retirement of senior debentures	0	(2,661)
Debt issuance costs	(4,905)	(32,577)
Dividends paid to common shareholders	(63,182)	0
Distributions to noncontrolling interest owners	(24,843)	(2,267)
Other	(4,084)	(4,533)
Net cash provided by financing activities	10,466	200,962
Effect of exchange rate on cash	(1,089)	(941)
Cash and cash equivalents
Net decrease for the period	(51,137)	(5,407)
Balance, beginning of period	1,446,581	1,670,312
Balance, end of period	1,395,444	1,664,905
Supplemental cash flow disclosures
Interest paid, net of amounts capitalized	212,147	195,028
Federal, state and foreign income taxes paid, net of refunds	$ 2,560	$ 4,601