XML 82 R69.htm IDEA: XBRL DOCUMENT v3.22.2.2
Fair Value Measurements - Carrying Amounts and Estimated Fair Values by Input Level (Details) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Jul. 01, 2021
May 31, 2020
Jan. 19, 2017
Financial assets:          
Equity securities $ 20.6 $ 84.3      
Senior Notes | 5.625% Notes          
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Interest rate 5.625% 5.625%     5.625%
Senior Notes | 4.125% Notes due 2029          
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Interest rate 4.125% 4.125% 4.125%    
Convertible Notes | 2.75% Convertible Notes due 2026          
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Interest rate 2.75%     2.75%  
Recurring | Level 1          
Financial assets:          
Cash and cash equivalents $ 1,728.4 $ 1,863.9      
Equity securities 0.0 0.0      
Held-to-maturity securities 0.0 0.0      
Promissory notes 0.0 0.0      
Financial liabilities:          
Other liabilities 0.0 0.0      
Puts and calls related to certain Barstool shares 0.0 0.0      
Recurring | Level 1 | Senior Secured Credit Facilities          
Financial liabilities:          
Long-term debt 1,491.1 1,559.6      
Recurring | Level 1 | Senior Notes | 5.625% Notes          
Financial liabilities:          
Long-term debt 353.6 411.5      
Recurring | Level 1 | Senior Notes | 4.125% Notes due 2029          
Financial liabilities:          
Long-term debt 306.6 389.5      
Recurring | Level 1 | Convertible Notes | 2.75% Convertible Notes due 2026          
Financial liabilities:          
Long-term debt 457.8 780.0      
Recurring | Level 1 | Other long-term obligations          
Financial liabilities:          
Long-term debt 0.0 0.0      
Recurring | Level 2          
Financial assets:          
Cash and cash equivalents 0.0 0.0      
Equity securities 20.6 84.3      
Held-to-maturity securities 6.7 6.7      
Promissory notes 7.9 15.1      
Financial liabilities:          
Other liabilities 2.5 2.7      
Puts and calls related to certain Barstool shares 0.4 1.9      
Recurring | Level 2 | Senior Secured Credit Facilities          
Financial liabilities:          
Long-term debt 0.0 0.0      
Recurring | Level 2 | Senior Notes | 5.625% Notes          
Financial liabilities:          
Long-term debt 0.0 0.0      
Recurring | Level 2 | Senior Notes | 4.125% Notes due 2029          
Financial liabilities:          
Long-term debt 0.0 0.0      
Recurring | Level 2 | Convertible Notes | 2.75% Convertible Notes due 2026          
Financial liabilities:          
Long-term debt 0.0 0.0      
Recurring | Level 2 | Other long-term obligations          
Financial liabilities:          
Long-term debt 45.0 53.9      
Recurring | Level 3          
Financial assets:          
Cash and cash equivalents 0.0 0.0      
Equity securities 0.0 0.0      
Held-to-maturity securities 0.0 0.0      
Promissory notes 0.0 0.0      
Financial liabilities:          
Other liabilities 6.9 10.5      
Puts and calls related to certain Barstool shares 0.0 0.0      
Recurring | Level 3 | Senior Secured Credit Facilities          
Financial liabilities:          
Long-term debt 0.0 0.0      
Recurring | Level 3 | Senior Notes | 5.625% Notes          
Financial liabilities:          
Long-term debt 0.0 0.0      
Recurring | Level 3 | Senior Notes | 4.125% Notes due 2029          
Financial liabilities:          
Long-term debt 0.0 0.0      
Recurring | Level 3 | Convertible Notes | 2.75% Convertible Notes due 2026          
Financial liabilities:          
Long-term debt 0.0 0.0      
Recurring | Level 3 | Other long-term obligations          
Financial liabilities:          
Long-term debt 110.4 90.4      
Recurring | Carrying Amount          
Financial assets:          
Cash and cash equivalents 1,728.4 1,863.9      
Equity securities 20.6 84.3      
Held-to-maturity securities 6.7 6.7      
Promissory notes 7.9 15.1      
Financial liabilities:          
Other liabilities 9.7 13.3      
Puts and calls related to certain Barstool shares 0.4 1.9      
Recurring | Carrying Amount | Senior Secured Credit Facilities          
Financial liabilities:          
Long-term debt 1,511.7 1,544.5      
Recurring | Carrying Amount | Senior Notes | 5.625% Notes          
Financial liabilities:          
Long-term debt 399.6 399.6      
Recurring | Carrying Amount | Senior Notes | 4.125% Notes due 2029          
Financial liabilities:          
Long-term debt 393.6 392.9      
Recurring | Carrying Amount | Convertible Notes | 2.75% Convertible Notes due 2026          
Financial liabilities:          
Long-term debt 323.9 253.5      
Recurring | Carrying Amount | Other long-term obligations          
Financial liabilities:          
Long-term debt 157.2 146.3      
Recurring | Fair Value          
Financial assets:          
Cash and cash equivalents 1,728.4 1,863.9      
Equity securities 20.6 84.3      
Held-to-maturity securities 6.7 6.7      
Promissory notes 7.9 15.1      
Financial liabilities:          
Other liabilities 9.4 13.2      
Puts and calls related to certain Barstool shares 0.4 1.9      
Recurring | Fair Value | Senior Secured Credit Facilities          
Financial liabilities:          
Long-term debt 1,491.1 1,559.6      
Recurring | Fair Value | Senior Notes | 5.625% Notes          
Financial liabilities:          
Long-term debt 353.6 411.5      
Recurring | Fair Value | Senior Notes | 4.125% Notes due 2029          
Financial liabilities:          
Long-term debt 306.6 389.5      
Recurring | Fair Value | Convertible Notes | 2.75% Convertible Notes due 2026          
Financial liabilities:          
Long-term debt 457.8 780.0      
Recurring | Fair Value | Other long-term obligations          
Financial liabilities:          
Long-term debt $ 155.4 $ 144.3