The components of lease cost were as follows:

Year Ended March 31,

(Amounts in millions)

Operating lease cost

(1)

Short-term lease cost

(2)

Variable lease cost

(3)

Operating lease cost amounts primarily represent the amortization of

right-of-use

assets and are included in the “other amortization” line of the combined statements of cash flows. Amounts include costs capitalized during the period for leased assets used in the production of film and television programs.

Short-term lease cost primarily consists of leases of facilities and equipment associated with film and television productions and are capitalized when incurred.

Variable lease cost primarily consists of insurance, taxes, maintenance and other operating costs.

Supplemental balance sheet information related to leases was as follows:

Balance Sheet Location

(Amounts in millions)

Other assets - non-current

Lease liabilities (current)

Lease liabilities

(non-current)

Other liabilities - non-current

Weighted average remaining lease term (in years):

Weighted average discount rate:

The expected future payments relating to the Company’s lease liabilities at March 31, 2024 are as follows:

(Amounts in
millions)

Year ending March 31,

Total lease payments

Less imputed interest

The components of lease cost from continuing operations were as follows:

Year Ended
March 31,

(Amounts in millions)

Operating lease cost

(1)

Variable lease cost

(2)

Operating lease cost amounts primarily represent the amortization of

right-of-use

assets and are included in the “other amortization” line of the combined statements of cash flows.

Variable lease cost primarily consists of insurance, taxes, maintenance and other operating costs.

Supplemental balance sheet information related to leases was as follows:

Location on Balance Sheet

(Amounts in millions)

Other assets-

non-current

Lease liabilities (current)

Other accrued liabilities

Lease liabilities

(non-current)

Other liabilities-

non-current

Weighted average remaining lease term (in years):

Weighted average discount rate:

The expected future net payments relating to the Starz Business’s lease liabilities at March 31, 2024 are as follows:

(Amounts in
millions)

Year ending March 31,

Total lease payments

Less imputed interest