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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 877.6 $ 1,071.8
Accounts receivable, net 251.9 319.0
Prepaid expenses 158.3 225.6
Other current assets 45.0 42.6
Total current assets 1,332.8 1,659.0
Property and equipment, net 3,498.1 3,514.0
Investment in and advances to unconsolidated affiliates 86.5 84.9
Goodwill 2,648.2 2,695.1
Other intangible assets, net 1,606.1 1,618.2
Operating lease right-of-use assets 4,110.7 4,264.7
Finance lease right-of-use assets 2,059.6 2,041.0
Other assets 196.0 187.3
Total assets 15,538.0 16,064.2
Current liabilities    
Accounts payable 46.1 36.6
Current maturities of long-term debt 38.2 47.6
Current portion of financing obligations 42.4 41.3
Current portion of operating lease liabilities 311.6 302.3
Current portion of finance lease liabilities 51.8 40.3
Accrued expenses and other current liabilities 809.5 1,021.9
Total current liabilities 1,299.6 1,490.0
Long-term debt, net of current maturities, debt discount and debt issuance costs 2,722.2 2,718.0
Long-term portion of financing obligations 2,364.9 2,386.1
Long-term portion of operating lease liabilities 3,791.3 3,944.1
Long-term portion of finance lease liabilities 2,089.2 2,062.5
Deferred income taxes 74.2 117.6
Other long-term liabilities 143.7 146.3
Total liabilities 12,485.1 12,864.6
Commitments and contingencies (Note 11)
Stockholders’ equity    
Treasury stock, at cost (25,166,902 shares repurchased as of both periods) (779.5) (779.5)
Additional paid-in capital 4,487.4 4,436.6
Accumulated deficit (477.0) (335.5)
Accumulated other comprehensive loss (176.8) (121.3)
Total PENN Entertainment, Inc. stockholders’ equity 3,055.9 3,202.1
Non-controlling interest (3.0) (2.5)
Total stockholders’ equity 3,052.9 3,199.6
Total liabilities and stockholders’ equity 15,538.0 16,064.2
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 0.0
Common Stock, Non-Exchangeable    
Stockholders’ equity    
Common stock 1.8 1.8
Common Stock, Exchangeable    
Stockholders’ equity    
Common stock $ 0.0 $ 0.0