v3.25.0.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2024
GOODWILL AND INTANGIBLE ASSETS  
Summary of 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

Schedule of detail of other intangible assets

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

Schedule of amortization expense associated with the intangible assets

Year Ended

(In millions)

    

December 31, 2024

    

December 31, 2023

    

December 31, 2022

Recorded amortization

$

0.8

$

2.1

$

2.6