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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 591.6 $ 706.6
Accounts receivable, net 253.3 256.8
Prepaid expenses 127.5 152.3
Other current assets 45.1 38.7
Total current assets 1,017.5 1,154.4
Property and equipment, net 3,769.2 3,705.0
Investment in and advances to unconsolidated affiliates 89.0 86.2
Goodwill 2,563.0 2,563.1
Other intangible assets, net 1,523.8 1,529.9
Operating lease right-of-use assets 3,905.0 3,976.8
Finance lease right-of-use assets 1,991.8 2,014.3
Other assets 230.7 232.0
Total assets 15,090.0 15,261.7
Current liabilities    
Accounts payable 65.6 50.8
Current maturities of long-term debt 38.2 38.2
Current portion of financing obligations 44.0 43.5
Current portion of operating lease liabilities 332.0 322.1
Current portion of finance lease liabilities 54.0 53.2
Accrued expenses and other current liabilities 840.1 907.3
Total current liabilities 1,373.9 1,415.1
Long-term debt, net of current maturities, debt discounts, and debt issuance costs 2,583.5 2,732.5
Long-term portion of financing obligations 2,332.0 2,343.1
Long-term portion of operating lease liabilities 3,577.1 3,654.3
Long-term portion of finance lease liabilities 2,048.7 2,062.3
Deferred income taxes 72.6 61.0
Other long-term liabilities 132.8 135.0
Total liabilities 12,120.6 12,403.3
Commitments and contingencies (Note 8)
Stockholders’ equity    
Treasury stock, at cost (26,580,784 and 25,166,902 shares) (804.6) (779.5)
Additional paid-in capital 4,567.3 4,542.4
Accumulated deficit (535.2) (647.0)
Accumulated other comprehensive loss (255.3) (255.0)
Total PENN Entertainment, Inc. stockholders’ equity 2,974.0 2,862.7
Non-controlling interest (4.6) (4.3)
Total stockholders’ equity 2,969.4 2,858.4
Total liabilities and stockholders’ equity 15,090.0 15,261.7
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