CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Operating activities
Net income (loss)	$ (608.6)	$ 41.0
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	95.7	104.1
Amortization of items charged to interest expense	2.0	1.9
Noncash operating lease expense	22.0	30.4
Change in fair value of contingent purchase price	(2.2)	4.7
Holding loss on equity securities	21.8	0.0
Loss on sale or disposal of property and equipment	0.6	0.5
Income from unconsolidated affiliates	(4.1)	(5.7)
Return on investment from unconsolidated affiliates	8.7	6.5
Deferred income taxes	(67.4)	11.0
Stock-based compensation	6.0	3.4
Impairment losses	616.1	0.0
Changes in operating assets and liabilities, net of businesses acquired
Accounts receivable	39.3	(2.9)
Prepaid expenses and other current assets	(4.3)	(8.1)
Other assets	6.5	(0.6)
Accounts payable	29.1	0.9
Accrued expenses	(101.4)	(25.3)
Income taxes	(31.7)	5.3
Operating lease liabilities	(31.4)	(38.9)
Other current and long-term liabilities	(29.9)	(2.5)
Net cash provided by (used in) operating activities	(33.2)	125.7
Investing activities
Capital expenditures	(42.8)	(37.7)
Consideration paid for Barstool Sports Investment	(135.0)	0.0
Consideration paid for acquisitions of businesses, net of cash acquired	(3.0)	(370.3)
Proceeds from sale-and-leaseback transactions in conjunction with acquisitions	0.0	261.1
Other	(2.6)	(0.2)
Net cash used in investing activities	(183.4)	(147.1)
Financing activities
Proceeds from revolving credit facility	540.0	90.0
Repayments on revolving credit facility	(10.0)	(110.0)
Principal payments on long-term debt	(11.7)	(11.7)
Payments of other long-term obligations	(8.4)	(7.9)
Principal payments on financing obligations	(13.5)	(12.6)
Principal payments on finance leases	(1.6)	(1.6)
Proceeds from exercise of options	4.6	0.5
Proceeds from insurance financing	15.7	13.7
Payments on insurance financing	(6.3)	(5.8)
Other	0.0	(0.3)
Net cash provided by (used in) financing activities	508.8	(45.7)
Change in cash, cash equivalents, and restricted cash	292.2	(67.1)
Cash, cash equivalents and restricted cash at the beginning of the year	455.2	481.2
Cash, cash equivalents and restricted cash at the end of the period	747.4	414.1
Reconciliation of cash, cash equivalents and restricted cash:
Total cash, cash equivalents and restricted cash	747.4	414.1
Supplemental disclosure:
Cash paid for interest, net of amounts capitalized	135.6	139.7
Cash payments related to income taxes, net	(1.1)	(1.7)
Non-cash investing and financing activities:
Commencement of operating leases	1.0	196.5
Accrued capital expenditures	$ 7.4	$ 6.6