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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 1,071.8 $ 1,624.0
Accounts receivable, net 319.0 247.0
Prepaid expenses 225.6 106.1
Other current assets 42.6 36.3
Total current assets 1,659.0 2,013.4
Property and equipment, net 3,514.0 4,515.5
Investment in and advances to unconsolidated affiliates 84.9 248.6
Goodwill 2,695.1 2,689.5
Other intangible assets, net 1,618.2 1,738.9
Lease right-of-use assets 6,305.7 6,103.3
Other assets 187.3 192.9
Total assets 16,064.2 17,502.1
Current liabilities    
Accounts payable 36.6 40.1
Current maturities of long-term debt 47.6 56.2
Current portion of financing obligations 41.3 63.4
Current portion of lease liabilities 342.6 194.3
Accrued expenses and other current liabilities 1,021.9 804.7
Total current liabilities 1,490.0 1,158.7
Long-term debt, net of current maturities, debt discount, and debt issuance costs 2,718.0 2,721.3
Long-term portion of financing obligations 2,386.1 3,970.7
Long-term portion of lease liabilities 6,006.6 5,903.0
Deferred income taxes 117.6 33.9
Other long-term liabilities 146.3 117.9
Total liabilities 12,864.6 13,905.5
Commitments and contingencies (Note 13)
Stockholders’ equity    
Treasury stock, at cost, (25,166,902 and 19,728,681 shares) (779.5) (629.5)
Additional paid-in capital 4,436.6 4,220.2
Retained earnings (accumulated deficit) (335.5) 154.5
Accumulated other comprehensive loss (121.3) (168.6)
Total PENN Entertainment, Inc. stockholders’ equity 3,202.1 3,597.7
Non-controlling interest (2.5) (1.1)
Total stockholders’ equity 3,199.6 3,596.6
Total liabilities and stockholders’ equity 16,064.2 17,502.1
Series B Preferred Stock    
Stockholders’ equity    
Preferred stock 0.0 0.0
Series C Preferred Stock    
Stockholders’ equity    
Preferred stock 0.0 0.0
Series D Preferred Stock    
Stockholders’ equity    
Preferred stock 0.0 19.4
Common Stock, Non-Exchangeable    
Stockholders’ equity    
Common stock 1.8 1.7
Common Stock, Exchangeable    
Stockholders’ equity    
Common stock $ 0.0 $ 0.0