| GOODWILL AND INTANGIBLE ASSETS |
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, 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 | Currency translation adjustment | | | — | | | — | | | — | | | 188.2 | | | (73.2) | | | 115.0 | | | 188.2 | | | (73.2) | | | 115.0 | Balance December 31, 2025 | | $ | 3,072.6 | | $ | (1,276.1) | | $ | 1,796.5 | | $ | 1,705.2 | | $ | (1,085.6) | | $ | 619.6 | | $ | 4,777.8 | | $ | (2,361.7) | | $ | 2,416.1 |
Detail of non-amortizing intangible assets is presented below: | | | | | | | (In millions) | | December 31, 2025 | | December 31, 2024 | Non-amortizing intangible assets: | | | | | | | AMC trademark | | $ | 104.4 | | $ | 104.4 | Odeon trade names | | | 39.5 | | | 36.0 | Nordic trade names | | | 2.9 | | | 2.5 | Total non-amortizing intangible assets | | $ | 146.8 | | $ | 142.9 |
Amortizing intangible assets had carrying values of $0.6 million and $1.4 million as of December 31, 2025 and December 31, 2024, respectively.
|