v3.26.1
Accounts Receivable, Net and Customer Contract Related Liabilities
 6 Months Ended
Jun. 30, 2026
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]  
Accounts Receivable, Net Accounts Receivable, Net and Customer Contract Related Liabilities
Accounts Receivable and Provision for Credit Losses
Accounts receivable consisted of the following:
June 30,
2026		December 31,
2025
(In millions)
Casino
$767 $828 
Rooms
22 22 
Mall
39 80 
Other
31 37 
859 967 
Less — provision for credit losses
(237)(225)
$622 $742 
The following table shows the movement in the provision for credit losses recognized for accounts receivable:
20262025
(In millions)
Balance at January 1$225 $186 
Current period provision for credit losses65 21 
Write-offs(52)(26)
Exchange rate impact
(1)5 
Balance at June 30
$237 $186 
Customer Contract Related Liabilities
Customer Contract Related Liabilities
The Company provides numerous products and services to its patrons. There is often a timing difference between the cash payment by the patrons and recognition of revenue for each of the associated performance obligations. The Company has the following main types of liabilities associated with contracts with customers: (1) outstanding chip liability, (2) loyalty program liability and (3) customer deposits and other deferred revenue for gaming and non-gaming products and services yet to be provided.
The following table summarizes the liability activity related to contracts with customers:
Outstanding Chip LiabilityLoyalty Program Liability
Customer Deposits and Other Deferred Revenue(1)
202620252026202520262025
(In millions)
Balance at January 1$181 $112 $39 $38 $930 $763 
Balance at June 30
100 95 39 38 920 787 
Increase (decrease)$(81)$(17)$— $— $(10)$24 
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(1)Of this amount, $172 million as of June 30 and January 1, 2026, and $175 million as of June 30 and January 1, 2025, related to mall deposits that are accounted for based on lease terms usually greater than one year.