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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Jan. 01, 2015
Dec. 26, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 153.2 $ 105.2 $ 157.6
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 216.8 207.2 200.2
Amortization of debt discount and premium, net 0.3 0.0 (0.2)
Amortization of debt acquisition costs 4.7 4.8 4.5
Share-based compensation expense 8.3 9.4 9.3
Deferred income tax provision (benefit) (10.9) 6.6 (11.8)
Net loss on disposal and impairment of operating assets and other 19.7 7.3 8.4
Equity in income of non-consolidated entities (44.6) (34.1) (33.1)
Gain on sale of NCM, Inc. common stock 0.0 0.0 (30.9)
Loss on extinguishment of debt 5.7 62.4 30.7
Gain on sale of available for sale securities 0.0 (2.0) (2.6)
Non-cash loss on interest rate swaps 0.7 0.0 0.0
Non-cash rent expense (income) (6.2) (4.0) 6.3
Cash distributions on investments in non-consolidated entities 3.6 6.3 0.0
Excess cash distribution on NCM shares 15.4 14.1 10.0
Landlord contributions 32.2 8.8 3.5
Changes in operating assets and liabilities, net of effects of acquisitions:      
Trade and other receivables (19.0) (4.2) (12.9)
Inventories (4.7) 1.3 (0.1)
Prepaid expenses and other assets 1.5 (1.8) (2.4)
Accounts payable 63.1 (0.2) 2.0
Income taxes payable 0.2 0.3 2.5
Deferred revenue 3.6 (6.3) 3.3
Accrued expenses and other liabilities (9.2) (32.0) 2.6
NET CASH PROVIDED BY OPERATING ACTIVITIES 434.4 349.1 346.9
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital expenditures (185.7) (156.8) (112.1)
Proceeds from disposition of assets 12.0 1.7 7.3
Investment in non-consolidated entities (0.4) (4.0) (6.2)
Cash used for acquisitions (9.2) 0.0 (194.4)
Proceeds from sale of available for sale securities 0.0 6.0 5.9
Net proceeds from sale of NCM, Inc. common stock 0.0 0.0 40.9
Changes in other long-term assets 0.0 2.7 0.0
NET CASH USED IN INVESTING ACTIVITIES (183.3) (150.4) (258.6)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Cash used to pay dividends (139.1) (294.8) (132.2)
Payments on long-term obligations (23.3) (29.7) (23.7)
Landlord contributions received from amended lease financing arrangements 3.9 0.0 0.0
Proceeds from stock option exercises 0.0 0.1 1.3
Cash paid for tax withholdings and other (4.4) (3.9) (4.5)
Proceeds from Amended Senior Credit Facility, net of debt discount 963.3 0.0 0.0
Payoff of Prior Senior Credit Facility (963.2) 0.0 0.0
Proceeds from issuance of Regal 5 3/4% Senior Notes Due 2022 0.0 775.0 0.0
Proceeds from issuance of Regal 5 3/4% Senior Notes Due 2025 0.0 0.0 250.0
Proceeds from issuance of Regal 5 3/4% Senior Notes Due 2023 0.0 0.0 250.0
Cash used to repurchase 9 1/8% Senior Notes 0.0 (336.3) (244.3)
Cash used to repurchase 8 5/8% Senior Notes 0.0 (428.0) 0.0
Payment of debt acquisition costs (13.2) (14.9) (13.5)
Purchase of noncontrolling interest (2.6) 0.0 0.0
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (178.6) (332.5) 83.1
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 72.5 (133.8) 171.4
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 147.1 280.9 109.5
CASH AND CASH EQUIVALENTS AT END OF YEAR 219.6 147.1 280.9
SUPPLEMENTAL CASH FLOW INFORMATION:      
Cash paid for income taxes 105.9 69.0 116.6
Cash paid for interest, net of amounts capitalized 125.3 141.0 139.2
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Increase in property and equipment and other from amended lease financing arrangements 3.2 14.2 0.0
National Cine Media      
Adjustments to reconcile net income to net cash provided by operating activities:      
Gain on sale of NCM, Inc. common stock 0.0 0.0 30.9
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Investments 9.0 5.9 95.2
AC JV, LLC      
SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Investments $ 0.0 $ 0.0 $ 8.3