v3.26.3
BASIS OF PRESENTATION (Tables)
9 Months Ended
Sep. 30, 2026
BASIS OF PRESENTATION  
Schedule of consolidated statement of cash flows

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As of

(In millions)

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September 30, 2026

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December 31, 2025

Cash and cash equivalents

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$

751.9

​

$

428.5

Restricted cash

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​

39.6

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​

48.8

Total cash and cash equivalents and restricted cash in the statement of cash flows

​

$

791.5

​

$

477.3

Schedule of related party transactions

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Three Months Ended

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Nine Months Ended

(In millions)

​

September 30, 2026

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September 30, 2025

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September 30, 2026

​

September 30, 2025

Related party advertising revenues

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$

7.0

​

$

8.3

​

$

22.6

​

$

19.5

Related party film exhibition costs

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​

5.1

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4.2

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​

19.6

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​

13.5

Schedule of change in accumulated other comprehensive income (loss)

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Foreign

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(In millions)

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Currency

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Pension Benefits

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Total

Balance December 31, 2025

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$

(38.3)

​

$

(3.9)

​

$

(42.2)

Other comprehensive income (loss)

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​

(51.5)

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​

0.3

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​

(51.2)

Balance September 30, 2026

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$

(89.8)

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$

(3.6)

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$

(93.4)

Schedule of other expense

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Three Months Ended

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Nine Months Ended

(In millions)

​

September 30, 2026

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September 30, 2025

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September 30, 2026

​

September 30, 2025

Foreign currency transaction losses (gains)

​

$

(1.6)

​

$

9.0

​

$

7.0

​

$

(27.9)

Governmental assistance - International markets

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​

(0.2)

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—

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​

(0.7)

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​

(10.5)

Net periodic pension cost

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​

0.5

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​

0.3

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​

1.5

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​

0.9

Loss on extinguishment - Senior Subordinated Notes due 2026

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​

—

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​

0.3

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​

—

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​

0.3

Gain on extinguishment - Second Lien Notes due 2026

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​

—

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​

(6.6)

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​

—

​

​

(6.6)

Loss on extinguishment - 6.00%/8.00% Cash/PIK Toggle Senior Secured Exchangeable Notes due 2030

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—

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103.3

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—

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​

103.3

Loss on extinguishment - 7.5% First Lien Notes due 2029

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—

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​

99.0

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—

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99.0

Loss on extinguishment - 6.125% Senior Subordinated Notes due 2027

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0.6

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—

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​

0.6

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​

—

Loss on extinguishment - Senior Secured Exchangeable Notes due 2030

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—

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​

—

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33.0

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​

—

Loss on extinguishment - Odeon Senior Secured Notes due 2027

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—

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—

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30.1

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—

Debt modifications - third party fees

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—

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2.1

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0.3

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​

2.1

Increase (decrease) in fair value of bifurcated embedded derivative - 6.00%/8.00% Cash/PIK Toggle Senior Secured Exchangeable Notes due 2030

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​

6.4

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(1.4)

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​

9.1

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​

(42.6)

Decrease in fair value of bifurcated embedded derivative - Senior Secured Exchangeable Notes due 2030

​

​

—

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​

(9.5)

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​

(11.1)

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​

(9.5)

Equity in earnings of non-consolidated entities

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​

(2.6)

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(1.6)

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(9.3)

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(4.5)

Business interruption insurance recoveries

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(1.3)

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(0.1)

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(1.5)

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(0.1)

Other financing costs

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​

1.1

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—

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1.1

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—

Total other expense

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$

2.9

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$

194.8

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$

60.1

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$

103.9

​