INVESTMENTS (Tables)

12 Months Ended

Dec. 31, 2022

INVESTMENTS

Schedule of Condensed Financial Information of Non-consolidated Equity Method Investments


(In millions)		December 31, 2022			December 31, 2021
Current assets		$	411.5		$	265.6
Noncurrent assets			431.9			348.5
Total assets			843.4			614.1
Current liabilities			152.8			218.4
Noncurrent liabilities			452.9			208.7
Total liabilities			605.7			427.1
Stockholders’ equity			237.7			187.0
Liabilities and stockholders’ equity			843.4			614.1
The Company’s recorded investment			69.6			85.6

Condensed financial information of the Company’s non-consolidated equity method investments is shown below and amounts are presented under U.S. GAAP for the periods of ownership by the Company:


		Year Ended
		December 31,			December 31,			December 31,
(In millions)		2022			2021			2020
Revenues		$	412.8		$	285.1		$	162.7
Operating costs and expenses			498.2			287.6			347.9
Net loss		$	(85.4)		$	(2.5)		$	(185.2)

Schedule of Components of Recorded Equity in Earnings (Losses) of Non-consolidated Entities


		Year Ended
(In millions)		December 31, 2022			December 31, 2021			December 31, 2020
The Company’s recorded equity in earnings (loss)		$	(1.6)		$	11.0		$	(30.9)

Schedule of Related Party Transactions with Equity Method Investees


		As of			As of
(In millions)		December 31, 2022			December 31, 2021
Due from DCM for on-screen advertising revenue		$	2.2		$	2.2
Loan receivable from DCM			0.6			0.7
Due to AC JV for Fathom Events programming			(2.0)			(3.7)
Due from Screenvision for on-screen advertising revenue			—			2.3
Due from Nordic JVs			1.3			0.9
Due to Nordic JVs for management services			(1.1)			(1.1)
Due from SCC related to the joint venture			1.4			1.3
Due to U.S. theatre partnerships			(0.7)			—


				Year Ended
(In millions)		Consolidated Statements of Operations		December 31, 2022			December 31, 2021			December 31, 2020
DCM screen advertising revenues		Other revenues		$	17.0		$	7.8		$	3.8
DCIP equipment rental expense		Operating expense			-			0.2			1.0
Gross exhibition cost on AC JV Fathom Events programming		Film exhibition costs			11.6			10.4			3.9
Screenvision screen advertising revenues		Other revenues			6.9			4.6			2.6