CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Operating activities
Net income (loss)	$ (114.9)	$ 514.4
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	108.7	107.5
Amortization of debt discount and debt issuance costs	2.2	2.0
Non-cash interest expense	10.6	8.1
Non-cash operating lease expense	77.7	86.5
Gain on Barstool Acquisition, net	0.0	(83.4)
Gain on REIT transactions, net	0.0	(500.8)
Holding loss on equity securities	1.5	3.2
Gain on sale or disposal of property and equipment	(0.2)	0.0
Income from unconsolidated affiliates	(7.2)	(2.6)
Return on investment from unconsolidated affiliates	7.3	8.5
Deferred income taxes	(72.3)	80.6
Stock-based compensation	11.9	16.5
Investment Agreement warrant expense	18.7	0.0
Changes in operating assets and liabilities, net of businesses acquired
Accounts receivable	35.9	31.1
Prepaid expenses and other current assets	(0.5)	(25.8)
Other assets	(6.2)	(5.6)
Accounts payable	1.5	(10.3)
Accrued expenses	(81.7)	(78.5)
Income taxes	58.3	83.2
Operating lease liabilities	(72.4)	(87.7)
Other current and long-term liabilities	(52.5)	0.0
Other	4.9	0.8
Net cash provided by (used in) operating activities	(68.7)	147.7
Investing activities
Capital expenditures	(41.4)	(63.2)
Consideration paid for Barstool, net of cash acquired	0.0	(314.6)
Other	(5.9)	(0.4)
Net cash used in investing activities	(47.3)	(378.2)
Financing activities
Principal payments on long-term debt	(9.4)	(9.4)
Debt issuance costs	(2.6)	0.0
Payments of other long-term obligations	(0.7)	(0.7)
Principal payments on financing obligations	(10.0)	(9.6)
Principal payments on finance leases	(12.2)	(11.5)
Proceeds from exercise of options	0.5	1.1
Repurchase of common stock	0.0	(50.0)
Payments on insurance financing	(12.2)	0.0
Other	(3.5)	(2.9)
Net cash used in financing activities	(50.1)	(83.0)
Effect of currency rate changes on cash, cash equivalents, and restricted cash	(0.8)	1.5
Change in cash, cash equivalents, and restricted cash	(166.9)	(312.0)
Cash, cash equivalents, and restricted cash at the beginning of the year	1,094.4	1,644.2
Cash, cash equivalents, and restricted cash at the end of the period	927.5	1,332.2
Reconciliation of cash, cash equivalents and restricted cash:
Cash and cash equivalents	903.6	1,311.3
Restricted cash included in Other current assets	22.7	19.7
Restricted cash included in Other assets	1.2	1.2
Total cash, cash equivalents, and restricted cash	927.5	1,332.2
Supplemental disclosure:
Cash paid for interest, net of amounts capitalized	114.0	110.5
Cash payments related to income taxes, net	0.6	1.1
Non-cash activities:
Accrued capital expenditures	$ 12.7	$ 17.4