GOODWILL AND INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2024

NOTE 5—GOODWILL AND INTANGIBLE ASSETS

The following table summarizes the changes in goodwill by reporting unit:


	U.S. Markets						International Markets						Consolidated Goodwill
(In millions)	Gross Carrying Amount		Accumulated Impairment Losses		Net Carrying Amount		Gross Carrying Amount		Accumulated Impairment Losses		Net Carrying Amount		Gross Carrying Amount		Accumulated Impairment Losses		Net Carrying Amount
Balance December 31, 2022	$	3,072.6	$	(1,276.1)	$	1,796.5	$	1,521.8	$	(976.3)	$	545.5	$	4,594.4	$	(2,252.4)	$	2,342.0
Currency translation adjustment		—		—		—		67.7		(51.0)		16.7		67.7		(51.0)		16.7
Balance December 31, 2023	$	3,072.6	$	(1,276.1)	$	1,796.5	$	1,589.5	$	(1,027.3)	$	562.2	$	4,662.1	$	(2,303.4)	$	2,358.7
Currency translation adjustment		—		—		—		(72.5)		14.9		(57.6)		(72.5)		14.9		(57.6)
Balance December 31, 2024	$	3,072.6	$	(1,276.1)	$	1,796.5	$	1,517.0	$	(1,012.4)	$	504.6	$	4,589.6	$	(2,288.5)	$	2,301.1

Detail of other intangible assets is presented below:


		December 31, 2024				December 31, 2023
		Gross				Gross
	Remaining	Carrying		Accumulated		Carrying		Accumulated
(In millions)	Useful Life	Amount		Amortization		Amount		Amortization
Amortizable intangible assets:
Management contracts	1 year	$	1.7	$	(1.6)	$	1.7	$	(1.6)
Starplex trade name	2 years		7.9		(6.6)		7.9		(5.7)
Total, amortizable		$	9.6	$	(8.2)	$	9.6	$	(7.3)
Non-amortizing intangible assets:
AMC trademark		$	104.4			$	104.4
Odeon trade names			36.0				37.3
Nordic trade names			2.5				2.7
Total, unamortizable		$	142.9			$	144.4

Amortization expense associated with the intangible assets noted above is as follows: