v3.26.3
Investments in Affiliates - Summary of Activity with NCM Included in Company's Consolidated Financial Statements (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Investment In NCMI        
Schedule of Equity Method Investments [Line Items]        
Beginning Balance [1]     $ 17.0  
Interest accrued related to significant financing component [1]     0.0  
Annual common unit adjustment [1],[2]     0.0  
Unrealized loss on fair market value adjustment of investment in NCMI $ (6.8) $ (1.5) (7.2) [1] $ (9.3)
Amortization of screen advertising advances [1]     0.0  
Ending Balance [1] 9.8   9.8  
N C M Screen Advertising Advances        
Schedule of Equity Method Investments [Line Items]        
Beginning Balance [3]     (307.2)  
Interest accrued related to significant financing component [3]     (15.4)  
Annual common unit adjustment [2],[3]     0.5  
Unrealized loss on fair market value adjustment of investment in NCMI [3]     0.0  
Amortization of screen advertising advances [3]     24.3  
Ending Balance [3] $ (297.8)   $ (297.8)  
[1] Our Investment in NCMI is accounted for under the fair value of accounting method. As of September 30, 2026, our Investment in NCMI is included in “Prepaid expenses and other” on the condensed consolidated balance sheet.
[2] Represents amount paid to NCM pursuant to the 2025 common unit adjustment under the Common Unit Agreement.
[3] See “NCM Screen Advertising Advances and Other Deferred Revenue” in Note 4 for the remaining maturity of NCM screen advertising advances as of September 30, 2026.