BASIS OF PRESENTATION (Tables)

9 Months Ended

Sep. 30, 2022

BASIS OF PRESENTATION

Schedule of theatre operations


		As of		As of		As of		As of
		January 1,		March 31,		June 30,		September 30,
Theatre Operations:		2021		2021		2021		2021
Percentage of theatres operated - Domestic		66.8	%	99.2	%	99.8	%	99.8	%
Percentage of theatres operated - International		30.3	%	27.3	%	94.9	%	99.2	%
Percentage of theatres operated - Consolidated		52.9	%	72.2	%	98.0	%	99.6	%

Schedule of increase (decrease) in cash equivalents and restricted


		Three Months Ended												Year Ended
		March 31,			June 30,			September 30,			December 31,			December 31,
(In millions)		2021			2021			2021			2021			2021
Cash flows from operating activities:
Net cash provided by (used in) operating activities		$	(312.9)		$	(233.8)		$	(113.9)		$	46.5		$	(614.1)
Cash flows from investing activities:
Net cash provided by (used in) investing activities			(16.0)			13.5			(28.8)			(36.9)			(68.2)
Cash flows from financing activities:
Net cash provided by (used in) financing activities			854.7			1,212.2			(48.3)			(27.9)			1,990.7
Effect of exchange rate changes on cash and cash equivalents and restricted cash			(5.1)			5.6			(8.4)			(1.6)			(9.5)
Net increase (decrease) in cash and cash equivalents and restricted cash			520.7			997.5			(199.4)			(19.9)			1,298.9
Cash and cash equivalents and restricted cash at beginning of period			321.4			842.1			1,839.6			1,640.2			321.4
Cash and cash equivalents and restricted cash at end of period		$	842.1		$	1,839.6		$	1,640.2		$	1,620.3		$	1,620.3


		Three Months Ended									Nine Months Ended
		March 31,			June 30,			September 30,			September 30,
(In millions)		2022			2022			2022			2022
Cash flows from operating activities:
Net cash used in operating activities		$	(295.0)		$	(76.6)		$	(223.6)		$	(595.2)
Cash flows from investing activities:
Net cash used in investing activities			(54.9)			(48.0)			(50.8)			(153.7)
Cash flows from financing activities:
Net cash provided by (used in) financing activities			(76.3)			(59.7)			0.5			(135.5)
Effect of exchange rate changes on cash and cash equivalents and restricted cash			(5.5)			(16.4)			(8.2)			(30.1)
Net decrease in cash and cash equivalents and restricted cash			(431.7)			(200.7)			(282.1)			(914.5)
Cash and cash equivalents and restricted cash at beginning of period			1,620.3			1,188.6			987.9			1,620.3
Cash and cash equivalents and restricted cash at end of period		$	1,188.6		$	987.9		$	705.8		$	705.8

Schedule of change in accumulated other comprehensive income (loss)


		Foreign
(In millions)		Currency			Pension Benefits			Total
Balance December 31, 2021		$	(19.0)		$	(9.1)		$	(28.1)
Other comprehensive income (loss)			(78.4)			0.3			(78.1)
Balance September 30, 2022		$	(97.4)		$	(8.8)		$	(106.2)

Schedule components of other expense (income)


		Three Months Ended						Nine Months Ended
(In millions)		September 30, 2022			September 30, 2021			September 30, 2022			September 30, 2021
Decreases related to contingent lease guarantees		$	(0.1)		$	—		$	(0.2)		$	(5.7)
Governmental assistance due to COVID-19 - International markets			(5.4)			(24.7)			(16.2)			(75.1)
Governmental assistance due to COVID-19 - U.S. markets			(1.6)			(0.4)			(2.7)			(4.6)
Foreign currency transaction (gains) losses			6.3			(0.7)			14.7			(1.1)
Non-operating components of net periodic benefit income			(0.2)			(0.3)			(0.4)			(0.7)
Loss on extinguishment of debt			—			14.4			96.4			14.4
Financing fees related to modification of debt agreements			—			—			—			1.0
Total other expense (income)		$	(1.0)		$	(11.7)		$	91.6		$	(71.8)