v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 378.7 $ 632.3
Restricted cash 49.0 48.5
Receivables, net 92.6 168.1
Other current assets 114.3 98.3
Total current assets 634.6 947.2
Property, net 1,415.6 1,442.3
Operating lease right-of-use assets, net 3,295.1 3,220.1
Intangible assets, net 145.6 144.3
Goodwill 2,362.2 2,301.1
Other long-term assets 199.9 192.5
Total assets 8,053.0 8,247.5
Current liabilities:    
Accounts payable 232.9 378.3
Accrued expenses and other liabilities 266.4 340.6
Deferred revenues and income 412.0 432.4
Current maturities of corporate borrowings 62.8 64.2
Current maturities of finance lease liabilities 4.6 4.4
Current maturities of operating lease liabilities 532.4 524.9
Total current liabilities 1,511.1 1,744.8
Corporate borrowings 3,975.4 4,010.9
Finance lease liabilities 45.4 44.9
Operating lease liabilities 3,682.2 3,627.6
Exhibitor services agreement 458.0 464.0
Deferred tax liability, net 35.0 33.9
Other long-term liabilities 83.7 81.9
Total liabilities 9,790.8 10,008.0
Commitments and contingencies
Stockholders' deficit:    
Preferred stock, $.01 par value per share, 50,000,000 shares authorized; no shares issued and outstanding as of March 31, 2025, and December 31, 2024
Class A common stock ($.01 par value, 550,000,000 shares authorized; 433,143,561 shares issued and outstanding as of March 31, 2025; 550,000,000 authorized; 414,417,797 shares issued and outstanding as of December 31, 2024) 4.3 4.1
Additional paid-in capital 6,886.1 6,714.2
Accumulated other comprehensive loss (79.3) (132.0)
Accumulated deficit (8,548.9) (8,346.8)
Total stockholders' deficit (1,737.8) (1,760.5)
Total liabilities and stockholders' deficit $ 8,053.0 $ 8,247.5

Source

10-Q PDF
XBRL