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THEATRE PROPERTIES AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment, Net [Abstract]  
Schedule Of Properties And Equipment

Properties and equipment consisted of the following as of the periods presented:

 

 

 

December 31,

 

 

 

 

2022

 

 

2023

 

Theatre properties and equipment

 

 

 

 

 

 

 

Land

 

 

$

99.7

 

 

$

97.8

 

Buildings

 

 

 

528.9

 

 

 

530.6

 

Property under finance lease

 

 

 

130.3

 

 

 

129.6

 

Theatre furniture and equipment

 

 

 

1,429.5

 

 

 

1,432.8

 

Leasehold interests and improvements

 

 

 

1,206.9

 

 

 

1,300.2

 

Total

 

 

 

3,395.3

 

 

 

3,491.0

 

Less: accumulated depreciation and amortization (1)

 

 

 

(2,163.2

)

 

 

(2,329.3

)

Theatre properties and equipment, net

 

 

$

1,232.1

 

 

$

1,161.7

 

(1)
Amortization of finance lease assets is included in depreciation and amortization expense on the consolidated statements of income (loss). Accumulated amortization of finance lease assets as of December 31, 2022 and 2023 was $62.5 and $73.9, respectively.
Schedule of Carrying Value of Subsidiary's Significant Assets and Liabilities The following table presents the carrying value of Ecuador’s significant assets and liabilities as of the periods presented:

 

December 31,

 

 

2022

 

 

2023

 

Theatre property and equipment, net

$

5.4

 

 

$

 

Operating lease right-of-use asset, net

 

2.9

 

 

 

 

Goodwill

 

4.2

 

 

 

 

 

 

 

 

 

 

Total assets

$

15.3

 

 

$

 

Total liabilities

$

8.5

 

 

$

 

 

Schedule of Total Revenue and Operating Income

The table below summarizes total revenue and operating income for the Ecuador subsidiary for the periods presented:

 

 

 

 

Year Ended December 31,

 

 

2022

 

 

2023

 

Total revenue

$

13.3

 

 

$

13.5

 

Operating (loss) income

$

(1.2

)

 

$

2.0