CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS - Long-term debt and lease obligations (Details) € in Millions, £ in Millions |
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12 Months Ended |
24 Months Ended |
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Jan. 15, 2021
USD ($)
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Jul. 31, 2020
USD ($)
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Apr. 24, 2020
USD ($)
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Mar. 17, 2017
USD ($)
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Dec. 31, 2021
USD ($)
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Dec. 31, 2020
USD ($)
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Dec. 31, 2021
USD ($)
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Mar. 31, 2023
USD ($)
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Dec. 31, 2021
EUR (€)
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Dec. 31, 2021
GBP (£)
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Oct. 15, 2020
USD ($)
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Apr. 15, 2020
USD ($)
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Dec. 31, 2019 |
Apr. 22, 2019 |
Sep. 14, 2018
USD ($)
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Mar. 17, 2017
GBP (£)
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Nov. 08, 2016
USD ($)
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Nov. 08, 2016
GBP (£)
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Jun. 05, 2015
USD ($)
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Carrying value of corporate borrowings |
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$ 5,169,100,000
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$ 5,411,600,000
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$ 5,169,100,000
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| Finance lease obligations |
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72,700,000
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96,000,000.0
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72,700,000
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| Paid-in-kind interest for 10%/12%/Cash/PIK/Toggle Second Lien Subordinated Notes due 2026 |
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7,600,000
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| Deferred financing costs |
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39,100,000
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42,100,000
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39,100,000
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| Net premium |
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298,000,000.0
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338,700,000
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298,000,000.0
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| Total long-term debt and finance lease obligations |
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5,500,700,000
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5,811,800,000
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5,500,700,000
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| Current maturities corporate borrowings |
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(20,000,000.0)
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(20,000,000.0)
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(20,000,000.0)
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| Current maturities of finance lease liabilities |
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(9,500,000)
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(12,900,000)
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(9,500,000)
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| Noncurrent portion of long-term debt and finance lease obligations |
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5,471,200,000
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5,778,900,000
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5,471,200,000
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| Redemption at any time prior to April 15, 2022 |
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Debt instrument redemption amount as a percentage of principal amount |
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100.00%
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| 2.95% Senior Secured Convertible Notes due 2024 |
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Stated interest rate (as a percent) |
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2.95%
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2.95%
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| Debt instrument face amount |
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$ 1,462,300,000
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| 2.95% Senior Secured Convertible Notes due 2026 |
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Carrying value of corporate borrowings |
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600,000,000.0
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| Net premium |
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$ (61,500,000)
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| Stated interest rate (as a percent) |
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2.95%
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2.95%
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| Convertible Notes due 2026 |
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Derivative liability |
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$ 90,400,000
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| Senior Subordinated Notes |
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Debt instrument face amount |
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$ 1,782,500,000
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235,000,000.0
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235,000,000.0
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| Debt instrument redemption amount as a percentage of principal amount |
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23.90%
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| 6.375% Senior Subordinated Notes due 2024 |
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Carrying value of corporate borrowings |
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5,400,000
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$ 5,400,000
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5,400,000
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£ 250.0
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| Deferred financing costs |
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$ 12,700,000
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| Net premium |
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$ 100,000
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$ 100,000
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| Stated interest rate (as a percent) |
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6.375%
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6.375%
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6.375%
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6.375%
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6.375%
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6.375%
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6.375%
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6.375%
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6.375%
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6.375%
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| Debt instrument face amount |
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€ 4.0
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£ 4.0
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£ 250.0
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£ 250.0
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| 6.375% Senior Subordinated Notes due 2024 | On or after November 15, 2019 |
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Debt Instrument, Redemption Price as Percentage of Principal Amount |
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104.781%
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| Debt instrument redemption amount as a percentage of principal amount |
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35.00%
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| 6.375% Senior Subordinated Notes due 2024 | On or after November 15, 2021 |
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Debt Instrument, Redemption Price as Percentage of Principal Amount |
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100.00%
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| 6.375% Senior Subordinated Notes due 2024 | Minimum | On or after November 15, 2019 |
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Debt instrument redemption amount as a percentage of principal amount |
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100.00%
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| 6.375% Senior Subordinated Notes due 2024 | Maximum | On or after November 15, 2019 |
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Debt instrument redemption amount as a percentage of principal amount |
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104.781%
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| 5.75 % Senior Subordinated Notes due 2025 |
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Carrying value of corporate borrowings |
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$ 98,300,000
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$ 98,300,000
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$ 98,300,000
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| Stated interest rate (as a percent) |
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5.75%
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5.75%
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5.75%
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| Debt instrument face amount |
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$ 600,000,000.0
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| 5.75 % Senior Subordinated Notes due 2025 | Redemption at any time on or after April 15, 2022 |
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Debt Instrument, Redemption Price as Percentage of Principal Amount |
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102.875%
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| 5.75 % Senior Subordinated Notes due 2025 | On or after June 15, 2020 |
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Debt Instrument, Redemption Price as Percentage of Principal Amount |
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100.00%
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| 5.875% Senior Subordinated Notes due 2026 |
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Carrying value of corporate borrowings |
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$ 55,600,000
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$ 55,600,000
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55,600,000
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| Stated interest rate (as a percent) |
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5.875%
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5.875%
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5.875%
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5.875%
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| Debt instrument face amount |
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$ 595,000,000.0
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| 5.875% Senior Subordinated Notes due 2026 | Redemption at any time on or after April 15, 2022 |
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Debt Instrument, Redemption Price as Percentage of Principal Amount |
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102.938%
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| 5.875% Senior Subordinated Notes due 2026 | On or after November 15, 2021 |
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Debt Instrument, Redemption Price as Percentage of Principal Amount |
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100.00%
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| 6.125% Senior Subordinated Notes due 2027 |
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Carrying value of corporate borrowings |
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$ 130,700,000
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$ 130,700,000
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130,700,000
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| Deferred financing costs |
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$ 19,800,000
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| Stated interest rate (as a percent) |
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6.125%
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6.125%
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6.125%
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6.125%
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| Debt instrument face amount |
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$ 475,000,000.0
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| Debt Instrument, Redemption Price as Percentage of Principal Amount |
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100.00%
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| Debt instrument redemption amount as a percentage of principal amount |
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35.00%
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| 6.125% Senior Subordinated Notes due 2027 | Minimum |
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Debt Instrument, Redemption Price as Percentage of Principal Amount |
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100.00%
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| 6.125% Senior Subordinated Notes due 2027 | Maximum |
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Debt Instrument, Redemption Price as Percentage of Principal Amount |
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103.063%
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| Senior Secured Credit Facility |
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Debt instrument face amount |
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$ 100,000,000
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| Senior Secured Credit Facility | Minimum |
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Debt instrument face amount |
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25,000,000
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25,000,000
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| 6.0% Senior Secured Notes due 2023 |
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Stated interest rate (as a percent) |
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6.00%
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| Senior Secured Credit Facility Term-Loan Due 2026 |
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| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
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| Carrying value of corporate borrowings |
|
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|
1,945,000,000.0
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$ 1,965,000,000.0
|
1,945,000,000.0
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|
|
| Net premium |
|
|
|
|
$ (6,100,000)
|
(7,500,000)
|
$ (6,100,000)
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stated interest rate (as a percent) |
|
|
|
|
3.103%
|
|
3.103%
|
|
3.103%
|
3.103%
|
|
|
|
|
|
|
|
|
|
| Revolving credit facility |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Carrying value of corporate borrowings |
|
|
|
|
|
212,200,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Odeon Term Loan Facility due 2023 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Carrying value of corporate borrowings |
|
|
|
|
$ 552,600,000
|
|
$ 552,600,000
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net premium |
|
|
|
|
$ (12,100,000)
|
|
$ (12,100,000)
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stated interest rate (as a percent) |
|
|
|
|
10.75%
|
|
10.75%
|
|
10.75%
|
10.75%
|
|
|
|
|
|
|
|
|
|
| Interest rate percentage in year one |
|
|
|
|
10.75%
|
|
10.75%
|
|
10.75%
|
10.75%
|
|
|
|
|
|
|
|
|
|
| Interest rate percentage in year thereafter |
|
|
|
|
11.25%
|
|
11.25%
|
|
11.25%
|
11.25%
|
|
|
|
|
|
|
|
|
|
| PIK interest rate |
|
|
|
|
|
|
11.25%
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt instrument face amount |
|
|
|
|
|
|
|
|
€ 312.2
|
£ 147.6
|
|
|
|
|
|
|
|
|
|
| Odeon Revolving Credit Facility Due 2022 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Carrying value of corporate borrowings |
|
|
|
|
|
120,800,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Second Lien Notes due 2026 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Carrying value of corporate borrowings |
|
$ 1,997,400,000
|
|
|
$ 1,508,000,000.0
|
1,423,600,000
|
$ 1,508,000,000.0
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net premium |
|
|
|
|
364,600,000
|
445,100,000
|
364,600,000
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stated interest rate (as a percent) |
|
10.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| PIK interest rate |
|
12.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt instrument face amount |
|
$ 1,289,100,000
|
|
|
173,200,000
|
|
173,200,000
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Redemption Price as Percentage of Principal Amount |
|
101.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt instrument redemption amount as a percentage of principal amount |
|
100.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| First Lien Notes due 2025 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Carrying value of corporate borrowings |
|
|
|
|
500,000,000.0
|
500,000,000.0
|
500,000,000.0
|
|
|
|
|
|
|
|
|
|
|
|
|
| Deferred financing costs |
|
|
$ 8,900,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net premium |
|
|
|
|
(7,200,000)
|
$ (8,900,000)
|
(7,200,000)
|
|
|
|
|
|
|
|
|
|
|
|
|
| Noncurrent portion of long-term debt and finance lease obligations |
|
|
|
|
|
|
|
|
|
|
$ 10,000,000.0
|
$ 10,000,000.0
|
|
|
|
|
|
|
|
| Stated interest rate (as a percent) |
|
10.50%
|
10.50%
|
|
|
10.50%
|
|
|
|
|
10.50%
|
10.50%
|
10.50%
|
|
|
|
|
|
|
| Debt instrument face amount |
|
|
$ 500,000,000.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Percentage of voting of foreign subsidiary |
|
|
65.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| First Lien Notes due 2025 | Redemption at any time on or after April 15, 2022 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt instrument redemption amount as a percentage of principal amount |
|
|
110.50%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| First Lien Notes due 2025 | Maximum |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Redemption Price as Percentage of Principal Amount |
|
|
35.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| First Lien Notes due 2026 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Carrying value of corporate borrowings |
|
$ 300,000,000
|
|
|
300,000,000.0
|
$ 300,000,000.0
|
300,000,000.0
|
|
|
|
|
|
|
|
|
|
|
|
|
| Deferred financing costs |
|
$ 6,000,000.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net premium |
|
|
|
|
$ (24,500,000)
|
$ (28,500,000)
|
$ (24,500,000)
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stated interest rate (as a percent) |
|
10.50%
|
|
|
10.50%
|
10.50%
|
10.50%
|
|
10.50%
|
10.50%
|
|
|
10.50%
|
|
|
|
|
|
|
| Debt instrument face amount |
|
$ 200,000,000
|
|
|
$ 300,000,000
|
|
$ 300,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Redemption Price as Percentage of Principal Amount |
|
100.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt instrument redemption amount as a percentage of principal amount |
|
110.50%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| First Lien Notes due 2026 | Maximum |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Redemption Price as Percentage of Principal Amount |
|
35.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| First Lien Secured Notes Due 2026 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Carrying value of corporate borrowings |
|
|
|
|
73,500,000
|
|
73,500,000
|
|
|
|
|
|
|
|
|
|
|
|
|
| First Lien Toggle Notes due 2026 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net premium |
|
|
|
|
$ (16,800,000)
|
|
$ (16,800,000)
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stated interest rate (as a percent) |
|
|
|
|
15.00%
|
15.00%
|
15.00%
|
|
15.00%
|
15.00%
|
|
|
|
|
|
|
|
|
|
| PIK interest rate |
|
|
|
|
17.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt instrument face amount |
$ 100,000,000.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| First Lien Toggle Notes due 2026 | Debt Agreement with Mudrick Capital Management, LP [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stated interest rate (as a percent) |
15.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| PIK interest rate |
17.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Second Lien Subordinated Notes due 2026 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| CORPORATE BORROWINGS AND FINANCE LEASE OBLIGATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stated interest rate (as a percent) |
|
|
|
|
10.00%
|
10.00%
|
10.00%
|
|
10.00%
|
10.00%
|
|
|
|
|
|
|
|
|
|
| PIK interest rate |
|
|
|
|
12.00%
|
12.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|