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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($)
$ in Millions
Total
Common Stock, Non-Exchangeable
Common Stock, Exchangeable
Cumulative Effect, Period of Adoption, Adjustment
Total PENN Stock-holders’ Equity (Deficit)
Total PENN Stock-holders’ Equity (Deficit)
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 Income (Loss)
Non-Controlling Interest
Beginning balance (in shares) at Dec. 31, 2019             0                  
Beginning balance (in shares) at Dec. 31, 2019               115,958,259 0              
Beginning balance at Dec. 31, 2019 $ 1,851.9     $ 0.6 $ 1,852.7 $ 0.6 $ 0.0 $ 1.2 $ 0.0 $ (28.4) $ 1,718.3   $ 161.6 $ 0.6 $ 0.0 $ (0.8)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Share-based compensation arrangements (in shares)               4,475,908                
Share-based compensation arrangements 71.0       71.0           71.0          
Stock issuance/offerings ( in shares)               35,266,667                
Stock issuance/offerings 1,288.8       1,288.8     $ 0.4     1,288.4          
Convertible debt offering 88.2       88.2           88.2          
Barstool Sports investment (in shares)             883                  
Barstool Sports investment 23.1       23.1   $ 23.1                  
Currency translation adjustment 0.0                              
Net income (loss) (669.1)       (669.5)               (669.5)     0.4
Other 1.3       1.3           1.3          
Ending balance (in shares) at Dec. 31, 2020             883                  
Ending balance (in shares) at Dec. 31, 2020               155,700,834 0              
Ending 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)
Accounting Standards Update [Extensible List] Accounting Standards Update 2020-06 [Member]                              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Share-based compensation arrangements (in shares)               1,061,242                
Share-based compensation arrangements $ 35.1       35.1           35.1          
Share issuance in connection with acquisitions (in shares)               12,561,127 697,539              
Share issuance in connection with acquisitions 1,039.6       1,039.6     $ 0.1     1,039.5          
Stock issuance/offerings ( in shares)             86                  
Stock issuance/offerings 8.1       8.1   $ 8.1                  
Preferred stock conversions (in shares)             (194) 194,200                
Preferred stock conversions 0.0           $ (5.4)       5.4          
Exchangeable shares conversions (in shares)               44,480 (44,480)              
Currency translation adjustment (54.4)       (54.4)                   (54.4)  
Net income (loss) 420.5       420.8               420.8     (0.3)
Other (7.6)       (7.6)           (7.6)          
Ending balance (in shares) at Dec. 31, 2021             775                  
Ending balance (in shares) at Dec. 31, 2021   169,561,883 653,059         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)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Share-based compensation arrangements (in shares)               607,818                
Share-based compensation arrangements $ 58.1       58.1           58.1          
Share repurchases (in shares) (17,561,288)             (17,561,288)                
Share repurchases $ (601.1)       (601.1)         (601.1)            
Stock issuance/offerings ( in shares)               68,055                
Stock issuance/offerings 2.2       2.2           2.2          
Preferred stock conversions (in shares)             (194) 194,200                
Preferred stock conversions 0.0           $ (6.4)       6.4          
Exchangeable shares conversions (in shares)               33,040 (33,040)              
Currency translation adjustment (114.2)       (114.2)                   (114.2)  
Net income (loss) 221.7       222.1               222.1     (0.4)
Other 2.1       2.1           2.1          
Ending balance (in shares) at Dec. 31, 2022             581                  
Ending balance (in shares) at Dec. 31, 2022   152,903,708 620,019         152,903,708 620,019              
Ending balance at Dec. 31, 2022 $ 3,596.6       $ 3,597.7   $ 19.4 $ 1.7 $ 0.0 $ (629.5) $ 4,220.2   $ 154.5   $ (168.6) $ (1.1)