REVENUE RECOGNITION (Tables)

3 Months Ended

Mar. 31, 2020

Disaggregation of Revenue [Line Items]


	Three Months Ended		Three Months Ended
(In millions)	March 31, 2020		March 31, 2019
Major revenue types
Admissions	$	568.0	$	731.5
Food and beverage		288.1		368.8
Other theatre:
Advertising		29.7		34.5
Other theatre		55.7		65.6
Other theatre		85.4		100.1
Total revenues	$	941.5	$	1,200.4


	Three Months Ended
(In millions)	March 31, 2020		March 31, 2019
Timing of revenue recognition
Products and services transferred at a point in time	$	851.8	$	1,110.0
Products and services transferred over time (1)		89.7		90.4
Total revenues	$	941.5	$	1,200.4

(1)Amounts primarily include subscription and advertising revenues.

Schedule of receivables and deferred revenue income


(In millions)	March 31, 2020		December 31, 2019
Current assets:
Receivables related to contracts with customers	$	29.4	$	160.3
Miscellaneous receivables		97.4		93.9
Receivables, net	$	126.8	$	254.2


(In millions)	March 31, 2020		December 31, 2019
Current liabilities:
Deferred revenue related to contracts with customers	$	396.4	$	447.1
Miscellaneous deferred income		3.9		2.1
Deferred revenue and income	$	400.3	$	449.2

Customers included in deferred revenues and income

Disaggregation of Revenue [Line Items]

Schedule of changes in contract liabilities


	Deferred Revenues
	Related to Contracts
(In millions)	with Customers
Balance December 31, 2019	$	447.1
Cash received in advance (1)		71.3
Customer loyalty rewards accumulated, net of expirations:
Admission revenues (2)		4.8
Food and beverage (2)		12.5
Other theatre (2)		(0.2)
Reclassification to revenue as the result of performance obligations satisfied:
Admission revenues (3)		(89.5)
Food and beverage (3)		(23.8)
Other theatre (4)		(21.2)
Foreign currency translation adjustment		(4.6)
Balance March 31, 2020	$	396.4

(1)Includes movie tickets, food and beverage, gift cards, exchange tickets, and AMC Stubs^® loyalty membership fees.

(2)Amount of rewards accumulated, net of expirations, that are attributed to AMC Stubs^® and other loyalty programs.

(3)Amount of rewards redeemed that are attributed to gift cards, exchange tickets, movie tickets, AMC Stubs^® loyalty programs and other loyalty programs.

(4)Amounts relate to income from non-redeemed or partially redeemed gift cards, non-redeemed exchange tickets, AMC Stubs^® loyalty membership fees and other loyalty programs.

Exhibitor services agreement

Disaggregation of Revenue [Line Items]

Schedule of changes in contract liabilities


	Exhibitor Services
(In millions)	Agreement
Balance December 31, 2019	$	549.7
Common Unit Adjustment–additions of common units (1)		4.8
Reclassification of the beginning balance to other theatre revenue, as the result of performance obligations satisfied		(4.1)
Balance March 31, 2020	$	550.4

(1)Represents the fair value amount of the National CineMedia, LLC (“NCM”) common units that were received under the annual Common Unit Adjustment (“CUA”). Such amount will increase the deferred revenues that are being amortized to other theatre revenues over the remainder of the 30-year term of the Exhibitor Service Agreement (“ESA”) ending in February 2037. See Note 5—Investments for further information.