v3.25.2
LEASES - Schedule of Supplemental Balance Sheet Information Related to Leases (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Operating leases    
Operating lease ROU assets, net $ 23,251,222 $ 23,532,287
Operating lease liabilities - current, location Other accrued liabilities Other accrued liabilities
Operating lease liabilities - current, classified within “Other accrued liabilities” $ 92,563 $ 98,021
Operating lease liabilities - long-term 25,012,186 25,076,139
Total operating lease liabilities $ 25,104,749 $ 25,174,160
Finance leases    
Finance lease ROU assets, net, location Property and equipment, net Property and equipment, net
Finance lease ROU assets, net, classified within “Property and equipment, net” $ 264,857 $ 304,645
Finance lease liabilities - current, location Other accrued liabilities Other accrued liabilities
Finance lease liabilities - current, classified within “Other accrued liabilities” $ 72,941 $ 74,191
Finance lease liabilities - long-term, location Other long-term obligations Other long-term obligations
Finance lease liabilities - long-term, classified within “Other long-term obligations” $ 208,613 $ 243,256
Total finance lease liabilities $ 281,554 $ 317,447
Weighted average remaining lease term (years)    
Operating leases 24 years 24 years
Finance leases 9 years 8 years
Weighted average discount rate (%)    
Operating leases 7.00% 7.00%
Finance leases 6.00% 6.00%
Bellagio    
Operating leases    
Operating lease ROU assets, net $ 3,400,000 $ 3,400,000
Operating lease liabilities - current, classified within “Other accrued liabilities” 6,000 3,000
Operating lease liabilities - long-term $ 3,800,000 $ 3,800,000