v3.22.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 1,164.9 $ 1,592.5
Restricted cash 23.7 27.8
Receivables, net 105.8 168.5
Other current assets 110.1 81.5
Total current assets 1,404.5 1,870.3
Property, net 1,881.5 1,962.5
Operating lease right-of-use assets, net 4,144.2 4,155.9
Intangible assets, net 151.8 153.4
Goodwill 2,415.4 2,429.8
Deferred tax asset, net 0.6 0.6
Other long-term assets 347.4 249.0
Total assets 10,345.4 10,821.5
Current liabilities:    
Accounts payable 295.4 377.1
Accrued expenses and other liabilities 365.3 367.5
Deferred revenues and income 379.8 408.6
Current maturities of corporate borrowings 20.0 20.0
Current maturities of finance lease liabilities 8.2 9.5
Current maturities of operating lease liabilities 597.1 605.2
Total current liabilities 1,665.8 1,787.9
Corporate borrowings 5,501.8 5,408.0
Finance lease liabilities 60.6 63.2
Operating lease liabilities 4,587.7 4,645.2
Exhibitor services agreement 520.7 510.4
Deferred tax liability, net 31.1 31.3
Other long-term liabilities 156.0 165.0
Total liabilities 12,523.7 12,611.0
Commitments and contingencies
Stockholders' deficit:    
Class A common stock ($.01 par value, 524,173,073 shares authorized; 516,820,595 shares issued and outstanding as of March 31, 2022; 513,979,100 shares issued and outstanding as of December 31, 2021) 5.2 5.1
Additional paid-in capital 4,811.8 4,857.5
Accumulated other comprehensive loss (33.9) (28.1)
Accumulated deficit (6,961.4) (6,624.0)
Total stockholders' deficit (2,178.3) (1,789.5)
Total liabilities and stockholders' deficit $ 10,345.4 $ 10,821.5