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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (124) $ (163)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 702 721
Amortization of deferred financing costs and discounts 88 89
Provision for credit losses 24 23
Non-cash lease amortization 14 12
(Gain) loss on investments (4) 1
Stock-based compensation expense 47 50
(Gain) loss on sale or disposal of property and equipment (8) 3
Deferred income taxes 0 24
Other non-cash adjustments to net loss 7 1
Change in operating assets and liabilities:    
Accounts receivable (24) (37)
Prepaid expenses and other assets (88) (47)
Income taxes receivable and payable, net (11) (58)
Accounts payable, accrued expenses and other liabilities 52 61
Net cash provided by operating activities 675 680
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (335) (453)
Cash paid for asset acquisitions (98) 0
Proceeds from sale of property and equipment 20 3
Proceeds from sale of investments 2 1
Investments in unconsolidated affiliate (2) (3)
Distributions from unconsolidated affiliate 0 23
Other 2 (5)
Net cash used in investing activities (411) (434)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from long-term debt and revolving credit facilities 885 590
Repayments of long-term debt and revolving credit facilities (983) (612)
Repurchase of common stock 0 (100)
Financing obligation payments (19) (8)
Distributions to noncontrolling interest owners (41) (30)
Taxes paid related to net share settlement of equity awards (13) (16)
Net cash used in financing activities (171) (176)
Increase in cash, cash equivalents and restricted cash 93 70
Cash, cash equivalents and restricted cash, beginning of period 984 1,016
Cash, cash equivalents and restricted cash, end of period 1,077 1,086
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH TO AMOUNTS REPORTED WITHIN THE CONSOLIDATED CONDENSED BALANCE SHEETS:    
Cash and cash equivalents 965 982
Restricted cash 96 85
Restricted and escrow cash included in other long-term assets, net 16 19
Total cash, cash equivalents and restricted cash 1,077 1,086
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash interest paid for debt 368 405
Cash interest paid for rent related to GLPI and VICI Leases 686 672
Cash interest paid for other financing obligations 5 0
Income taxes paid, net 11 58
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Payables for capital expenditures 103 126
Deferred consideration amount 10 0
Right-of-use asset obtained in exchange for lease liability $ 203 $ 0