v3.23.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 495.6 $ 631.5
Restricted cash 23.1 22.9
Receivables, net 105.7 166.6
Other current assets 116.1 81.1
Total current assets 740.5 902.1
Property, net 1,670.2 1,719.2
Operating lease right-of-use assets, net 3,740.3 3,802.9
Intangible assets, net 147.4 147.3
Goodwill 2,342.7 2,342.0
Other long-term assets 206.5 222.1
Total assets 8,847.6 9,135.6
Current liabilities:    
Accounts payable 257.0 330.5
Accrued expenses and other liabilities 490.6 364.3
Deferred revenues and income 391.7 402.7
Current maturities of corporate borrowings 20.0 20.0
Current maturities of finance lease liabilities 6.5 5.5
Current maturities of operating lease liabilities 546.5 567.3
Total current liabilities 1,712.3 1,690.3
Corporate borrowings 4,862.0 5,120.8
Finance lease liabilities 52.0 53.3
Operating lease liabilities 4,172.2 4,252.7
Exhibitor services agreement 502.5 505.8
Deferred tax liability, net 32.7 32.1
Other long-term liabilities 104.2 105.1
Total liabilities 11,437.9 11,760.1
Commitments and contingencies
Stockholders' deficit:    
Preferred stock 0.1 0.1
Class A common stock ($.01 par value, 524,173,073 shares authorized; 519,192,390 shares issued and outstanding as of March 31, 2023; 516,838,912 shares issued and outstanding as of December 31, 2022) 5.2 5.2
Additional paid-in capital 5,322.1 5,045.1
Accumulated other comprehensive loss (84.6) (77.3)
Accumulated deficit (7,833.1) (7,597.6)
Total stockholders' deficit (2,590.3) (2,624.5)
Total liabilities and stockholders' deficit $ 8,847.6 $ 9,135.6