v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 2,062,994 $ 2,415,532
Accounts receivable, net 1,122,940 1,071,412
Inventories 124,535 140,559
Income tax receivable 220,154 257,514
Prepaid expenses and other 486,419 478,582
Assets held for sale 315,382 0
Total current assets 4,332,424 4,363,599
Property and equipment, net 6,305,614 6,196,159
Investments in and advances to unconsolidated affiliates 536,066 380,626
Goodwill 4,901,960 5,145,004
Other intangible assets, net 1,356,676 1,715,381
Operating lease right-of-use assets, net 23,002,707 23,532,287
Deferred income taxes 89,792 39,591
Other long-term assets, net 848,547 858,980
Total assets 41,373,786 42,231,627
Current liabilities    
Accounts and construction payable 421,502 412,662
Accrued interest on long-term debt 71,845 69,916
Other accrued liabilities 2,993,179 2,869,105
Liabilities related to assets held for sale 25,581 0
Total current liabilities 3,512,107 3,351,683
Deferred income taxes 2,617,067 2,811,663
Long-term debt, net 6,230,141 6,362,098
Operating lease liabilities 24,962,742 25,076,139
Other long-term obligations 775,411 910,088
Total liabilities 38,097,468 38,511,671
Commitments and contingencies (Note 12)
Redeemable noncontrolling interests 21,777 34,805
Stockholders’ equity    
Common stock, $0.01 par value: authorized 1,000,000,000 shares, issued and outstanding 258,323,143 and 294,374,189 shares 2,583 2,944
Capital in excess of par value 0 0
Retained earnings 2,106,836 3,081,753
Accumulated other comprehensive income (loss) 320,498 (61,216)
Total MGM Resorts International stockholders’ equity 2,429,917 3,023,481
Noncontrolling interests 824,624 661,670
Total stockholders’ equity 3,254,541 3,685,151
Total liabilities and stockholders' equity $ 41,373,786 $ 42,231,627