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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 1,317.9 $ 1,624.0
Accounts receivable, net 252.8 246.4
Prepaid expenses 168.0 106.1
Inventory, net 11.4 11.1
Other current assets 30.6 25.8
Total current assets 1,780.7 2,013.4
Property and equipment, net 3,461.3 4,515.5
Investment in and advances to unconsolidated affiliates 82.6 248.6
Goodwill 2,687.3 2,689.5
Other intangible assets, net 1,721.4 1,738.9
Lease right-of-use assets 6,261.8 6,103.3
Other assets 173.5 192.9
Total assets 16,168.6 17,502.1
Current liabilities    
Accounts payable 44.5 40.1
Current maturities of long-term debt 56.7 56.2
Current portion of financing obligations 40.8 63.4
Current portion of lease liabilities 321.0 194.3
Accrued expenses and other current liabilities 789.8 804.7
Total current liabilities 1,252.8 1,158.7
Long-term debt, net of current maturities, debt discount and debt issuance costs 2,715.4 2,721.3
Long-term portion of financing obligations 2,396.5 3,970.7
Long-term portion of lease liabilities 5,968.6 5,903.0
Deferred income taxes 154.6 33.9
Other long-term liabilities 199.9 117.9
Total liabilities 12,687.8 13,905.5
Commitments and contingencies (Note 12)
Stockholders’ equity    
Treasury stock, at cost, (25,166,902 and 19,728,681 shares) (779.6) (629.5)
Additional paid-in capital 4,406.5 4,220.2
Retained earnings 22.6 154.5
Accumulated other comprehensive loss (168.7) (168.6)
Total PENN Entertainment stockholders’ equity 3,482.6 3,597.7
Non-controlling interest (1.8) (1.1)
Total stockholders’ equity 3,480.8 3,596.6
Total liabilities and stockholders’ equity 16,168.6 17,502.1
Series B Preferred Stock    
Stockholders’ equity    
Preferred stock $ 0.0 $ 0.0
Preferred stock, shares outstanding (in shares) 0 0
Series C Preferred Stock    
Stockholders’ equity    
Preferred stock $ 0.0 $ 0.0
Preferred stock, shares outstanding (in shares) 0 0
Series D Preferred Stock    
Stockholders’ equity    
Preferred stock $ 0.0 $ 19.4
Preferred stock, shares outstanding (in shares) 0 581
Common Stock, Non-Exchangeable    
Stockholders’ equity    
Common stock $ 1.8 $ 1.7
Common Stock, Exchangeable    
Stockholders’ equity    
Common stock $ 0.0 $ 0.0