LONG-TERM DEBT (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Components of Long-Term Debt

Long-term debt of Holdings and CUSA consisted of the following for the periods presented:

	December 31,
	2023		2024
Cinemark Holdings, Inc. 4.50% convertible senior notes due August 2025	$	460.0	$	460.0
Cinemark USA, Inc. term loan due May 2030		645.1		638.7
Cinemark USA, Inc. 8.75% senior secured notes due May 2025		150.0		—
Cinemark USA, Inc. 5.875% senior notes due March 2026		405.0		—
Cinemark USA, Inc. 5.25% senior notes due July 2028		765.0		765.0
Cinemark USA, Inc. 7.00% senior notes due August 2032		—		500.0
Other		7.0		—
Total long-term debt carrying value (1)	$	2,432.1	$	2,363.7
Less: Current portion, net of unamortized debt issuance costs		7.8		464.3
Less: Debt issuance costs and original issue discount, net of accumulated amortization (1)		33.0		29.0
Long-term debt, less current portion, net of unamortized debt issuance costs and original issue discount (1)	$	2,391.3	$	1,870.4

(1) The only differences between the long-term debt for Holdings, as presented above, and the long-term debt for CUSA are the $460.0 million 4.50% Convertible Senior Notes due 2025 and the related debt issuance costs. The following table sets forth, as of the periods indicated, the total long-term debt carrying value, current portion of long-term debt and debt issuance costs, net of amortization for CUSA:

	December 31,
	2023		2024
Total long-term debt carrying value	$	1,972.1	$	1,903.7
Less: Current portion		7.8		6.4
Less: Debt issuance costs and original issue discount, net of accumulated amortization		27.5		26.9
Long-term debt, less current portion, net of unamortized debt issuance costs and original issue discount	$	1,936.8	$	1,870.4

Schedule of carrying values and fair values of debt instruments

The table below presents the fair value of the Company's long-term debt as of the periods presented:

	As of
	December 31, 2023		December 31, 2024
Holdings fair value (1)	$	2,460.3	$	2,903.7
CUSA fair value	$	1,903.8	$	1,902.1

(1)The fair value of the 4.50% convertible notes was $556.5 and $1,001.6 as of December 31, 2023 and 2024, respectively.

Maturities of Long-Term Debt, Excluding Unamortized Debt Issuance Costs

Holdings' long-term debt, excluding unamortized debt issuance costs, at December 31, 2024 matures as follows:

2025		466.4
2026		6.4
2027		6.4
2028		771.4
2029		6.4
Thereafter		1,106.7
Total (1)	$	2,363.7

(1)The only difference between the long-term debt maturity payments for Holdings, as presented above, and those for CUSA is the $460.0 of Holdings’ 4.50% Convertible Senior Notes that mature in 2025.

Summary of Company's Interest Rate Swap Agreements Designated as Cash Flow Hedges

Below is a summary of the Company’s interest rate swap agreements designated as cash flow hedges as of December 31, 2024:

					Estimated
					Fair Value at
Notional					December 31,
Amount		Pay Rate	Receive Rate	Expiration Date	2024 (1)
$	137.5	3.21%	1-Month Term SOFR	December 31, 2026	$	3.4
$	175.0	3.20%	1-Month Term SOFR	December 31, 2026		2.2
$	137.5	3.17%	1-Month Term SOFR	December 31, 2027		2.9
				Total	$	8.5

(1)Approximately $4.2 of the total is included in “Prepaid expenses and other” and $4.3 is included in “Deferred charges and other assets, net” on the consolidated balance sheet as of December 31, 2024.