CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Current assets
Cash and cash equivalents	$ 730.7	$ 437.4
Receivables, net of allowance for doubtful accounts of $8.4 and $7.7	50.1	88.7
Income tax receivable	53.9	22.1
Assets held for sale	336.3	0.0
Prepaid expenses and other current assets	99.0	94.6
Total current assets	1,270.0	642.8
Property and equipment, net	4,745.5	5,120.2
Investment in and advances to unconsolidated affiliates	264.7	128.3
Goodwill and other intangible assets, net	2,683.6	3,297.2
Lease right-of-use assets	4,817.4	4,837.3
Other assets	157.2	168.7
Total assets	13,938.4	14,194.5
Current liabilities
Accounts payable	74.3	40.3
Current maturities of long-term debt	67.7	62.9
Current portion of financing obligations	35.7	40.5
Current portion of lease liabilities	125.7	130.6
Accrued expenses and other current liabilities	510.5	631.3
Total current liabilities	813.9	905.6
Long-term debt, net of current maturities and debt issuance costs	2,829.3	2,322.2
Long-term portion of financing obligations	4,093.5	4,102.2
Long-term portion of lease liabilities	4,646.0	4,670.0
Deferred income taxes	177.3	244.6
Other noncurrent liabilities	100.8	98.0
Total liabilities	12,660.8	12,342.6
Commitments and contingencies (Note 13)
Stockholders’ equity
Common stock ($0.01 par value, 200,000,000 shares authorized, 118,961,115 and 118,125,652 shares issued, and 116,793,722 and 115,958,259 shares outstanding)	1.2	1.2
Treasury stock, at cost, (2,167,393 shares held in both periods)	(28.4)	(28.4)
Additional paid-in capital	1,728.9	1,718.3
Retained earnings (accumulated deficit)	(446.4)	161.6
Total Penn National stockholders’ equity	1,278.4	1,852.7
Non-controlling interest	(0.8)	(0.8)
Total stockholders’ equity	1,277.6	1,851.9
Total liabilities and stockholders’ equity	13,938.4	14,194.5
Series B Preferred stock ($0.01 par value, 1,000,000 shares authorized, no shares issued and outstanding)
Stockholders’ equity
Preferred stock	0.0	0.0
Series C Preferred stock ($0.01 par value, 18,500 shares authorized, no shares issued and outstanding)
Stockholders’ equity
Preferred stock	0.0	0.0
Series D Preferred stock ($0.01 par value, 5,000 shares authorized, 883 shares issued and outstanding)
Stockholders’ equity
Preferred stock	$ 23.1	$ 0.0