INVESTMENTS (Tables)

12 Months Ended

Dec. 31, 2023

INVESTMENTS

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


(In millions)		December 31, 2023			December 31, 2022
Current assets		$	263.8		$	411.5
Noncurrent assets			224.7			431.9
Total assets			488.5			843.4
Current liabilities			130.9			152.8
Noncurrent liabilities			385.0			452.9
Total liabilities			515.9			605.7
Stockholders’ (deficit) equity			(27.4)			237.7
Liabilities and stockholders’ (deficit) equity			488.5			843.4
The Company’s recorded investment			56.4			69.6

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)		2023			2022			2021
Revenues		$	425.6		$	412.8		$	285.1
Operating costs and expenses			449.9			498.2			287.6
Net loss		$	(24.3)		$	(85.4)		$	(2.5)

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


		Year Ended
(In millions)		December 31, 2023			December 31, 2022			December 31, 2021
The Company’s recorded equity in earnings (loss)		$	7.7		$	(1.6)		$	11.0

Schedule of Related Party Transactions with Equity Method Investees


		As of			As of
(In millions)		December 31, 2023			December 31, 2022
Due from DCM for on-screen advertising revenue		$	3.3		$	2.2
Loan receivable from DCM			0.6			0.6
Due to AC JV for Fathom Events programming			(2.3)			(2.0)
Due from Nordic JVs			2.7			1.3
Due to Nordic JVs for management services			(1.4)			(1.1)
Due from SCC related to the joint venture			0.5			1.4
Due to U.S. theatre partnerships			(0.6)			(0.7)


				Year Ended
(In millions)		Consolidated Statements of Operations		December 31, 2023			December 31, 2022			December 31, 2021
DCM screen advertising revenues		Other revenues		$	18.8		$	17.0		$	7.8
DCDC content delivery services		Operating expense			1.4			1.0			1.1
DCIP equipment rental expense		Operating expense			-			-			0.2
Gross exhibition cost on AC JV Fathom Events programming		Film exhibition costs			17.5			11.6			10.4
Screenvision screen advertising revenues		Other revenues			8.7			6.9			4.6