v3.23.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 435.3 $ 631.5
Restricted cash 22.9 22.9
Receivables, net 137.8 166.6
Other current assets 111.7 81.1
Total current assets 707.7 902.1
Property, net 1,618.2 1,719.2
Operating lease right-of-use assets, net 3,688.3 3,802.9
Intangible assets, net 147.1 147.3
Goodwill 2,310.2 2,342.0
Other long-term assets 198.2 222.1
Total assets 8,669.7 9,135.6
Current liabilities:    
Accounts payable 285.5 330.5
Accrued expenses and other liabilities 328.6 364.3
Deferred revenues and income 385.3 402.7
Current maturities of corporate borrowings 20.0 20.0
Current maturities of finance lease liabilities 6.4 5.5
Current maturities of operating lease liabilities 528.5 567.3
Total current liabilities 1,554.3 1,690.3
Corporate borrowings 4,795.6 5,120.8
Finance lease liabilities 51.0 53.3
Operating lease liabilities 4,104.3 4,252.7
Exhibitor services agreement 497.3 505.8
Deferred tax liability, net 32.5 32.1
Shareholder litigation liability 115.4  
Other long-term liabilities 101.9 105.1
Total liabilities 11,252.3 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; 519,192,389 shares issued and outstanding as of June 30, 2023; 516,838,912 shares issued and outstanding as of December 31, 2022) 5.2 5.2
Additional paid-in capital 5,361.2 5,045.1
Accumulated other comprehensive loss (124.6) (77.3)
Accumulated deficit (7,824.5) (7,597.6)
Total stockholders' deficit (2,582.6) (2,624.5)
Total liabilities and stockholders' deficit $ 8,669.7 $ 9,135.6