INVESTMENTS (Tables)

12 Months Ended

Dec. 31, 2021

INVESTMENTS

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


(In millions)		December 31, 2021			December 31, 2020
Current assets		$	265.6		$	267.6
Noncurrent assets			348.5			347.4
Total assets			614.1			615.0
Current liabilities			218.4			181.0
Noncurrent liabilities			208.7			213.5
Total liabilities			427.1			394.5
Stockholders’ equity			187.0			220.5
Liabilities and stockholders’ equity			614.1			615.0
The Company’s recorded investment			85.6			80.9

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)		2021			2020			2019
Revenues		$	285.1		$	162.7		$	694.5
Operating costs and expenses			287.6			347.9			583.7
Net earnings (loss)		$	(2.5)		$	(185.2)		$	110.8

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


		Year Ended
(In millions)		December 31, 2021			December 31, 2020			December 31, 2019
The Company’s recorded equity in earnings (loss)		$	11.0		$	(30.9)		$	30.6

Schedule of Related Party Transactions with Equity Method Investees


		As of			As of
(In millions)		December 31, 2021			December 31, 2020
Due from DCM for on-screen advertising revenue		$	2.2		$	—
Loan receivable from DCM			0.7			0.7
Due from DCIP for warranty expenditures			—			5.7
Due to AC JV for Fathom Events programming			(3.7)			(0.9)
Due from Screenvision for on-screen advertising revenue			2.3			0.4
Due from Nordic JVs			0.9			1.2
Due to Nordic JVs for management services			(1.1)			(0.5)
Due from SCC related to the joint venture			1.3			0.7
Due to U.S. theatre partnerships			—			(0.4)


				Year Ended
(In millions)		Consolidated Statements of Operations		December 31, 2021			December 31, 2020			December 31, 2019
DCM screen advertising revenues		Other revenues		$	7.8		$	3.8		$	22.4
DCIP equipment rental expense		Operating expense			0.2			1.0			3.6
Gross exhibition cost on AC JV Fathom Events programming		Film exhibition costs			10.4			3.9			13.6
Screenvision screen advertising revenues		Other revenues			4.6			2.6			15.6