REVENUE RECOGNITION (Tables)

12 Months Ended

Dec. 31, 2024

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 for the periods indicated, disaggregated based on major type of good or service and by reportable segment.

	Year Ended December 31, 2024
	U.S.		International
	Operating		Operating
Major Goods/Services	Segment (1)		Segment		Consolidated
Admissions Revenue	$	1,233.1	$	289.4	$	1,522.5
Concession Revenue		969.3		228.5		1,197.8
Screen advertising, screen rental and promotional revenue		91.7		54.5		146.2
Other Revenue		142.7		40.3		183.0
Total Revenue	$	2,436.8	$	612.7	$	3,049.5

	Year Ended December 31, 2023
	U.S.		International
	Operating		Operating
Major Goods/Services	Segment (1)		Segment		Consolidated
Admissions Revenue	$	1,236.0	$	319.6	$	1,555.6
Concession Revenue		952.0		240.0		1,192.0
Screen advertising, screen rental and promotional revenue		91.0		53.6		144.6
Other Revenue		136.3		38.2		174.5
Total Revenue	$	2,415.3	$	651.4	$	3,066.7

	Year Ended December 31, 2022
	U.S.		International
	Operating		Operating
Major Goods/Services	Segment (1)		Segment		Consolidated
Admissions Revenue	$	1,010.2	$	236.7	$	1,246.9
Concession Revenue		763.0		175.3		938.3
Screen advertising, screen rental and promotional revenue		81.7		45.3		127.0
Other Revenue		115.3		27.2		142.5
Total Revenue	$	1,970.2	$	484.5	$	2,454.7

(1)U.S. segment revenues exclude intercompany transactions with the international reportable segment. See Note 21 for additional information on intercompany eliminations.

The following tables present revenue for the periods indicated, disaggregated based on timing of revenue recognition (as discussed above) and by reportable segment.

	Year Ended December 31, 2024
	U.S.		International
	Operating		Operating
	Segment (1)		Segment		Consolidated
Goods and services transferred at a point in time	$	2,330.3	$	545.3	$	2,875.6
Goods and services transferred over time		106.5		67.4		173.9
Total	$	2,436.8	$	612.7	$	3,049.5

	Year Ended December 31, 2023
	U.S.		International
	Operating		Operating
	Segment (1)		Segment		Consolidated
Goods and services transferred at a point in time	$	2,327.9	$	588.9	$	2,916.8
Goods and services transferred over time		87.4		62.5		149.9
Total	$	2,415.3	$	651.4	$	3,066.7

	Year Ended December 31, 2022
	U.S.		International
	Operating		Operating
	Segment (1)		Segment		Consolidated
Goods and services transferred at a point in time	$	1,856.5	$	428.3	$	2,284.8
Goods and services transferred over time		113.7		56.2		169.9
Total	$	1,970.2	$	484.5	$	2,454.7

(1)U.S. segment revenues exclude intercompany transactions with the international reportable segment. See Note 21 for additional information on intercompany eliminations.

Changes in Deferred Revenues

The following table presents changes in the Company’s deferred revenue for the periods indicated:

Deferred Revenue	NCM Screen Advertising Advances (2)			Other Deferred Revenue (3)
Balance at January 1, 2023	$	338.2		$	194.9
Amounts recognized as accounts receivable		—			4.6
Cash received from customers in advance		—			327.4
Dispositions (1)		—			(0.4	)
Interest accrued related to significant financing component		22.6			—
Revenue recognized during period		(32.4	)		(299.5	)
Foreign currency translation adjustments		—			(5.4	)
Balance at December 31, 2023		328.4			221.6
Amounts recognized as accounts receivable		—			10.8
Cash received from customers in advance		—			376.0
Common units received from NCM (see Note 8)		0.5			—
Interest accrued related to significant financing component		22.0			—
Revenue recognized during period		(32.4	)		(353.7	)
Foreign currency translation adjustments		—			(3.9	)
Balance at December 31, 2024	$	318.5		$	250.8

(1)Relates to the sale of the Company’s Ecuador subsidiary. See Note 7.

(2)See Significant Financing Component in Note 8 for discussion of NCM screen advertising advances and maturity of balances as of December 31, 2024.

(3)Includes liabilities associated with outstanding gift cards and prepaid and discount ticket vouchers, points, credits or rebates outstanding under the Company’s loyalty and subscription 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 consolidated balance sheets.

Aggregate Amount of Transaction Price Allocated To Performance Obligation 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 for other deferred revenue in the table above as of December 31, 2024 and when the Company expects to recognize this revenue.

	Year Ended December 31,
Remaining Performance Obligations	2025		2026		Thereafter		Total
Other deferred revenue	$	221.6		29.2		—	$	250.8