v3.25.0.1
CORPORATE BORROWINGS AND FINANCE LEASE LIABILITIES - Long-term debt and lease obligations (Details)
$ / shares in Units, £ in Millions, $ in Millions
12 Months Ended
Jul. 22, 2024
USD ($)
Feb. 14, 2022
USD ($)
Jul. 31, 2020
USD ($)
Dec. 31, 2024
USD ($)
$ / shares
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Sep. 30, 2024
USD ($)
Dec. 31, 2023
GBP (£)
Dec. 31, 2020
Oct. 15, 2020
USD ($)
Apr. 24, 2020
USD ($)
Mar. 17, 2017
USD ($)
Mar. 17, 2017
GBP (£)
Nov. 08, 2016
USD ($)
Nov. 08, 2016
GBP (£)
Jun. 05, 2015
USD ($)
CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS                                
Total principal amount of corporate borrowings       $ 4,134.5 $ 4,504.3                      
Finance lease liabilities       49.3 55.4                      
Paid-in-kind interest for 6.00%/8.00% Cash/PIK Toggle Senior Secured Exchangeable Notes due 2030       1.5                        
Deferred financing costs       (47.2) (31.1)                      
Net premium (discount)       (171.3) 104.2                      
Derivative liability - Conversion Option       157.6                        
Total carrying value of corporate borrowings and finance lease liabilities       4,124.4 4,632.8                      
Current maturities of corporate borrowings       (64.2) (25.1)                      
Current maturities of finance lease liabilities       (4.4) (5.4)                      
Total noncurrent carrying value of corporate borrowings and finance lease liabilities       4,055.8 4,602.3                      
Corporate borrowings       401.8 369.6 $ 336.4                    
6.375% Senior Subordinated Notes due 2024                                
CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS                                
Total principal amount of corporate borrowings         $ 5.1               £ 250.0      
Deferred financing costs                       $ (12.7)        
Stated interest rate (as a percent)     6.375%   6.375%     6.375% 6.375%     6.375% 6.375% 6.375% 6.375%  
Debt instrument face amount | £               £ 4.0         £ 250.0   £ 250.0  
5.75% Senior Subordinated Notes due 2025                                
CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS                                
Total principal amount of corporate borrowings       $ 44.1 $ 98.3                      
Stated interest rate (as a percent)     5.75% 5.75% 5.75%     5.75%               5.75%
Debt instrument face amount                               $ 600.0
5.875% Senior Subordinated Notes due 2026                                
CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS                                
Total principal amount of corporate borrowings       $ 41.9 $ 51.5                      
Stated interest rate (as a percent)     5.875% 5.875% 5.875%     5.875%           5.875% 5.875%  
Debt instrument face amount                           $ 595.0    
6.125% Senior Subordinated Notes due 2027                                
CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS                                
Total principal amount of corporate borrowings       $ 125.5 $ 125.5                      
Deferred financing costs                       $ (19.8)        
Stated interest rate (as a percent)     6.125% 6.125% 6.125%     6.125%       6.125% 6.125%      
Debt instrument face amount                       $ 475.0        
Senior Subordinated Notes                                
CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS                                
Debt instrument face amount     $ 1,782.5 $ 235.0                        
New Term Loans                                
CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS                                
Total principal amount of corporate borrowings       2,014.2                        
Net premium (discount)       (43.4)                        
Debt instrument face amount $ 1,200.0     $ 2,024.3     $ 793.0                  
Effective interest rate       11.356%                        
Odeon Senior Secured Note 2027                                
CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS                                
Net premium (discount)       $ (20.9) $ (26.4)                      
Stated interest rate (as a percent)       12.75% 12.75%     12.75%                
Exchangeable Notes                                
CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS                                
Total principal amount of corporate borrowings 503.8     $ 445.5                        
Paid-in-kind interest for 6.00%/8.00% Cash/PIK Toggle Senior Secured Exchangeable Notes due 2030 23.9     1.5                        
Deferred financing costs (23.2)     (23.3)                        
Net premium (discount) (120.8)     (117.9)                        
Derivative liability - Conversion Option $ 233.4     $ 157.6                        
Interest rate cash (as a percent) 6.00%     6.00%                        
PIK interest rate (as a percent) 8.00%     8.00%                        
Debt instrument face amount $ 414.4     $ 427.6                        
Closing price $ 293.6                              
Effective interest rate 15.12%                              
Corporate borrowings       18.2                        
If-converted value in excess of principal       $ 88.3                        
Price per share (in dollars per share) | $ / shares       $ 3.98                        
Second Lien Subordinated Notes due 2026                                
CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS                                
Total principal amount of corporate borrowings       $ 574.6                        
Senior Secured Credit Facility Term Loan Due 2026                                
CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS                                
Total principal amount of corporate borrowings         $ 1,905.0                      
Net premium (discount)         $ (3.3)                      
Stated interest rate (as a percent)         8.474%     8.474%                
Senior Secured Credit Facility Term Loan Due 2026 | New Term Loans                                
CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS                                
Principal and premium repayments $ 1,100.0                              
Odeon Senior Secured Notes Due 2027                                
CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS                                
Total principal amount of corporate borrowings       $ 400.0 $ 400.0                      
Stated interest rate (as a percent)       12.75%                        
First Lien Notes due 2029                                
CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS                                
Total principal amount of corporate borrowings       $ 950.0 $ 950.0                      
Stated interest rate (as a percent) 7.50% 7.50%   7.50% 7.50%     7.50%                
Debt instrument face amount   $ 950.0                            
Second Lien Subordinated Notes due 2026                                
CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS                                
Total principal amount of corporate borrowings       $ 131.2 $ 968.9                      
Net premium (discount)       $ 10.9 $ 133.9                      
Interest rate cash (as a percent) 10.00%     10.00% 10.00%                      
PIK interest rate (as a percent) 12.00%     12.00% 12.00%                      
First Lien Notes due 2025                                
CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS                                
Total noncurrent carrying value of corporate borrowings and finance lease liabilities                   $ 10.0            
Stated interest rate (as a percent)   10.50%               10.50% 10.50%          
Principal and premium repayments   $ 500.0                            
Debt instrument face amount                     $ 500.0          
First Lien Notes due 2026                                
CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS                                
Stated interest rate (as a percent)   10.50%   10.50%                        
Debt instrument face amount   $ 300.0 200.0                          
First Lien Toggle Notes due 2026                                
CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS                                
Interest rate cash (as a percent)   15.00%   15.00%                        
PIK interest rate (as a percent)   17.00%   17.00%                        
Principal and premium repayments   $ 73.5                            
First Lien Toggle Notes due 2026 | Exchangeable Notes                                
CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS                                
Total principal amount of corporate borrowings       $ 427.6                        
Second Lien Notes                                
CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS                                
Total principal amount of corporate borrowings     $ 1,997.4                          
Stated interest rate (as a percent)     10.00%                          
PIK interest rate (as a percent)     12.00%                          
Debt instrument face amount     $ 1,289.1 $ 173.2