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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 2,729.3 $ 1,853.8
Accounts receivable, net 154.1 96.4
Prepaid expenses 112.0 103.5
Other current assets 43.7 31.3
Total current assets 3,039.1 2,085.0
Property and equipment, net 4,570.1 4,529.3
Investment in and advances to unconsolidated affiliates 252.0 266.8
Goodwill 1,175.1 1,157.1
Other intangible assets, net 1,550.5 1,513.5
Lease right-of-use assets 4,827.8 4,817.7
Other assets 334.1 297.9
Total assets 15,748.7 14,667.3
Current liabilities    
Accounts payable 36.7 33.2
Current maturities of long-term debt 95.1 81.4
Current portion of financing obligations 38.2 36.0
Current portion of lease liabilities 143.0 134.3
Accrued expenses and other current liabilities 764.7 575.1
Total current liabilities 1,077.7 860.0
Long-term debt, net of current maturities, debt discount and debt issuance costs 2,654.4 2,231.2
Long-term portion of financing obligations 4,067.8 4,096.4
Long-term portion of lease liabilities 4,599.9 4,578.2
Deferred income taxes 145.7 126.3
Other long-term liabilities 131.8 119.4
Total liabilities 12,677.3 12,011.5
Commitments and contingencies
Stockholders’ equity    
Common stock ($0.01 par value, 400,000,000 and 200,000,000 shares authorized, 159,202,151 and 157,868,227 shares issued, and 157,045,294 and 155,700,834 shares outstanding) 1.6 1.6
Treasury stock, at cost, (2,167,393 shares held in both periods) (28.4) (28.4)
Additional paid-in capital 3,204.4 3,167.2
Retained earnings (accumulated deficit) (131.5) (507.3)
Total Penn National stockholders’ equity 3,071.9 2,656.2
Non-controlling interest (0.5) (0.4)
Total stockholders’ equity 3,071.4 2,655.8
Total liabilities and stockholders’ equity 15,748.7 14,667.3
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 $ 25.8 $ 23.1