Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2023

Revenue from Contract with Customer [Abstract]

Summary of Revenues Disaggregated Based on Type of Good or Service by Reportable Operating Segment and on Timing of Revenue Recognition

The following tables present revenue disaggregated based on major type of good or service and by reportable operating segment.

	Three Months Ended
	March 31, 2023
	U.S.		International
	Operating		Operating
	Segment (1)		Segment		Consolidated
Admissions revenue	$	244.7	$	66.3	$	311.0
Concession revenue		186.8		49.0		235.8
Screen advertising, screen rental and promotional revenue (2)		21.8		9.3		31.1
Other revenue		25.8		7.0		32.8
Total revenue	$	479.1	$	131.6	$	610.7

	Three Months Ended
	March 31, 2022
	U.S.		International
	Operating		Operating
	Segment (1)		Segment		Consolidated
Admissions revenue	$	191.8	$	44.0	$	235.8
Concession revenue		141.1		31.9		173.0
Screen advertising, screen rental and promotional revenue (2)		18.7		8.1		26.8
Other revenue		20.4		4.5		24.9
Total revenue	$	372.0	$	88.5	$	460.5

(1)U.S. segment revenue excludes intercompany transactions with the international operating segment. See Note 16 for the amount of intercompany eliminations for the periods presented.

(2)Amount includes amortization of NCM screen advertising advances. See Screen Advertising Advances and Other Deferred Revenue below.

The following tables present revenue disaggregated based on timing of recognition and by reportable operating segment.

	Three Months Ended
	March 31, 2023
	U.S.		International
	Operating		Operating
	Segment (1)		Segment		Consolidated
Goods and services transferred at a point in time	$	447.8	$	119.2	$	567.0
Goods and services transferred over time (2)		31.3		12.4		43.7
Total	$	479.1	$	131.6	$	610.7

	Three Months Ended
	March 31, 2022
	U.S.		International
	Operating		Operating
	Segment (1)		Segment		Consolidated
Goods and services transferred at a point in time	$	348.3	$	78.6	$	426.9
Goods and services transferred over time (2)		23.7		9.9		33.6
Total	$	372.0	$	88.5	$	460.5

(1)U.S. segment revenue excludes intercompany transactions with the international operating segment. See Note 16 for the amount of intercompany eliminations for the periods presented.

Amount includes amortization of NCM screen advertising advances. See Screen Advertising Advances and Other Deferred Revenue below.

Changes in Deferred Revenues

The following table presents changes in the Company’s deferred revenue for the three months ended March 31, 2023.

	NCM screen advertising advances (1)			Other Deferred Revenue (2)
Balance at January 1, 2023	$	338.2		$	194.9
Amounts recognized as accounts receivable		—			0.3
Cash received from customers in advance		—			60.9
Interest accrued related to significant financing component		5.7			—
Revenue recognized during period		(8.1	)		(62.8	)
Foreign currency translation adjustments		—			(0.1	)
Balance at March 31, 2023	$	335.8		$	193.2

(1)See Note 8 for the maturity of NCM screen advertising advances as of March 31, 2023.

(2)Includes liabilities associated with outstanding gift cards and discount ticket vouchers, points or rebates outstanding under the Company’s loyalty and membership programs and revenue not yet recognized for screen advertising and other promotional activities. Amounts are classified as accounts payable and accrued expenses or other long-term liabilities on the condensed consolidated balance sheet.

Aggregate Amount of Transaction Price Allocated to Performance Obligationt that are Unsatisfied and Expected to be Recognized

The table below summarizes the aggregate amount of the transaction price allocated to performance obligations that are unsatisfied as of March 31, 2023 and when the Company expects to recognize this revenue.

	Twelve Months Ended March 31,
Remaining Performance Obligations	2024		2025		Thereafter		Total
Other deferred revenue	$	170.7	$	22.5	$	—	$	193.2