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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Common Stock, Non-Exchangeable
Total PENN Stockholders’ Equity
Total PENN Stockholders’ Equity
Cumulative Effect, Period of Adoption, Adjustment
Preferred Stock
Common Stock
Common Stock, Non-Exchangeable
Common Stock
Common Stock, Exchangeable
Treasury Stock
Additional Paid-In Capital
Additional Paid-In Capital
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings (Accumulated Deficit)
Retained Earnings (Accumulated Deficit)
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Loss
Non-Controlling Interest
Beginning balance (in shares) at Dec. 31, 2020           883                  
Beginning balance (in shares) at Dec. 31, 2020             155,700,834 0              
Beginning balance at Dec. 31, 2020 $ 2,655.8     $ 2,656.2   $ 23.1 $ 1.6 $ 0.0 $ (28.4) $ 3,167.2   $ (507.3)   $ 0.0 $ (0.4)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Share-based compensation arrangements (in shares)             891,155                
Share-based compensation arrangements 13.4     13.4           13.4          
Preferred stock conversions/ Conversion of Preferred Stock (in shares)           (151) 151,200                
Preferred stock conversions/ Conversion of Preferred Stock 0.0     0.0   $ (4.0)       4.0          
Stock issuance (Note 13) (in shares)           43 43,684                
Stock issuance (Note 13) 8.6     8.6   $ 5.1       3.5          
Currency translation adjustment 0.0                            
Net income 289.6     289.7               289.7     (0.1)
Other (9.6)     (9.6)           (9.6)          
Ending balance (in shares) at Jun. 30, 2021           775                  
Ending balance (in shares) at Jun. 30, 2021             156,786,873 0              
Ending balance at Jun. 30, 2021 $ 2,957.8     2,958.3   $ 24.2 $ 1.6 $ 0.0 (28.4) 3,178.5   (217.6)   0.0 (0.5)
Accounting Standards Update [Extensible Enumeration] Accounting Standards Update 2020-06 [Member]                            
Beginning balance (in shares) at Dec. 31, 2020           883                  
Beginning balance (in shares) at Dec. 31, 2020             155,700,834 0              
Beginning balance at Dec. 31, 2020 $ 2,655.8     2,656.2   $ 23.1 $ 1.6 $ 0.0 (28.4) 3,167.2   (507.3)   0.0 (0.4)
Ending balance (in shares) at Dec. 31, 2021           775                  
Ending balance (in shares) at Dec. 31, 2021     169,561,883       169,561,883 653,059              
Ending balance at Dec. 31, 2021 4,097.1 $ (69.3)   4,097.8 $ (69.3) $ 25.8 $ 1.7 $ 0.0 (28.4) 4,239.6 $ (88.2) (86.5) $ 18.9 (54.4) (0.7)
Beginning balance (in shares) at Mar. 31, 2021           775                  
Beginning balance (in shares) at Mar. 31, 2021             156,330,141 0              
Beginning balance at Mar. 31, 2021 2,755.8     2,756.3   $ 24.2 $ 1.6 $ 0.0 (28.4) 3,175.2   (416.3)   0.0 (0.5)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Share-based compensation arrangements (in shares)             413,048                
Share-based compensation arrangements 9.4     9.4           9.4          
Stock issuance (Note 13) (in shares)             43,684                
Stock issuance (Note 13) 3.5     3.5           3.5          
Currency translation adjustment 0.0                            
Net income 198.7     198.7               198.7      
Other (9.6)     (9.6)           (9.6)          
Ending balance (in shares) at Jun. 30, 2021           775                  
Ending balance (in shares) at Jun. 30, 2021             156,786,873 0              
Ending balance at Jun. 30, 2021 2,957.8     2,958.3   $ 24.2 $ 1.6 $ 0.0 (28.4) 3,178.5   (217.6)   0.0 (0.5)
Beginning balance (in shares) at Dec. 31, 2021           775                  
Beginning balance (in shares) at Dec. 31, 2021     169,561,883       169,561,883 653,059              
Beginning balance at Dec. 31, 2021 4,097.1 $ (69.3)   4,097.8 $ (69.3) $ 25.8 $ 1.7 $ 0.0 (28.4) 4,239.6 $ (88.2) (86.5) $ 18.9 (54.4) (0.7)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Share-based compensation arrangements (in shares)             218,824                
Share-based compensation arrangements $ 31.5     31.5           31.5          
Share repurchases (Note 13) (in shares) (9,341,585)           (9,341,585)                
Share repurchases (Note 13) $ (342.1)     (342.1)         (342.1)            
Preferred stock conversions/ Conversion of Preferred Stock (in shares)           (194) 194,200                
Preferred stock conversions/ Conversion of Preferred Stock 0.0         $ (6.4)       6.4          
Stock issuance (Note 13) (in shares)             64,000                
Stock issuance (Note 13) 2.0     2.0           2.0          
Exchangeable shares conversions (Note 13) (in shares)             28,401 (28,401)              
Currency translation adjustment (26.9)     (26.9)                   (26.9)  
Net income 77.7     77.8               77.8     (0.1)
Other (4.0)     (4.0)           (4.0)          
Ending balance (in shares) at Jun. 30, 2022           581                  
Ending balance (in shares) at Jun. 30, 2022     160,725,723       160,725,723 624,658              
Ending balance at Jun. 30, 2022 3,766.0     3,766.8   $ 19.4 $ 1.7 $ 0.0 (370.5) 4,187.3   10.2   (81.3) (0.8)
Beginning balance (in shares) at Mar. 31, 2022           581                  
Beginning balance (in shares) at Mar. 31, 2022             166,161,818 633,189              
Beginning balance at Mar. 31, 2022 3,952.7     3,953.5   $ 19.4 $ 1.7 $ 0.0 (203.5) 4,170.4   (15.9)   (18.6) (0.8)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Share-based compensation arrangements (in shares)             30,551                
Share-based compensation arrangements $ 14.5     14.5           14.5          
Share repurchases (Note 13) (in shares) (5,539,177)           (5,539,177)                
Share repurchases (Note 13) $ (167.0)     (167.0)         (167.0)            
Stock issuance (Note 13) (in shares)             64,000                
Stock issuance (Note 13) 2.0     2.0           2.0          
Exchangeable shares conversions (Note 13) (in shares)             8,531 (8,531)              
Currency translation adjustment (62.7)     (62.7)                   (62.7)  
Net income 26.1     26.1               26.1      
Other 0.4     0.4           0.4          
Ending balance (in shares) at Jun. 30, 2022           581                  
Ending balance (in shares) at Jun. 30, 2022     160,725,723       160,725,723 624,658              
Ending balance at Jun. 30, 2022 $ 3,766.0     $ 3,766.8   $ 19.4 $ 1.7 $ 0.0 $ (370.5) $ 4,187.3   $ 10.2   $ (81.3) $ (0.8)