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Long Term Debt (Tables) | 9 Months Ended
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Sep. 30, 2023
Debt Disclosure [Abstract] |
Components of Long-Term Debt | Long-term debt of Holdings consisted of the following for the periods presented:
| September 30, |  |  | December 31, |
| 2023 |  |  | 2022 |
Cinemark Holdings, Inc. 4.50% convertible senior notes due 2025 | $ | 460.0 |  |  | $ | 460.0 |
Cinemark USA, Inc. term loan due 2030 (see Senior Secured Credit Facility below) |  | 646.8 |  |  |  | 626.5 |
Cinemark USA, Inc. 8.75% senior secured notes due 2025 |  | 150.0 |  |  |  | 250.0 |
Cinemark USA, Inc. 5.875% senior notes due 2026 |  | 405.0 |  |  |  | 405.0 |
Cinemark USA, Inc. 5.25% senior notes due 2028 |  | 765.0 |  |  |  | 765.0 |
Other |  | 7.2 |  |  |  | 10.1 |
Total long-term debt carrying value (1) | $ | 2,434.0 |  |  | $ | 2,516.6 |
Less: Current portion |  | 7.9 |  |  |  | 10.7 |
Less: Debt issuance costs and original issue discount, net of accumulated amortization (1) |  | 35.5 |  |  |  | 31.9 |
Long-term debt, less current portion, net of unamortized debt issuance costs and original issue discount (1) | $ | 2,390.6 |  |  | $ | 2,474.0 |
(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 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.
| September 30, |  |  | December 31, |
| 2023 |  |  | 2022 |
Total long-term debt carrying value | $ | 1,974.0 |  |  | $ | 2,056.6 |
Less: Current portion |  | 7.9 |  |  |  | 10.7 |
Less: Debt issuance costs and original issue discount, net of accumulated amortization |  | 29.1 |  |  |  | 22.9 |
Long-term debt, less current portion, net of unamortized debt issuance costs and original issue discount | $ | 1,937.0 |  |  | $ | 2,023.0 |
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, which are designated as cash flow hedges, as of September 30, 2023:
Notional |  |  |  |  |  |  |  |  |  |  | Estimated |
Amount |  |  | Effective Date |  | Pay Rate |  | Receive Rate |  | Expiration Date |  | Fair Value (1) |
$ | 137.5 |  |  | December 31, 2018 |  | 2.08% |  | 1-Month Term SOFR |  | December 31, 2024 |  | $ | 5.3 |
$ | 175.0 |  |  | December 31, 2018 |  | 2.09% |  | 1-Month Term SOFR |  | December 31, 2024 |  |  | 6.8 |
$ | 137.5 |  |  | December 31, 2018 |  | 2.15% |  | 1-Month Term SOFR |  | December 31, 2024 |  |  | 5.2 |
|  |  |  |  |  |  |  |  | Total |  | $ | 17.3 |
(1) Approximately $14.5 of the total is included in prepaid expenses and other and $2.8 is included in deferred charges and other assets, net on the condensed consolidated balance sheet as of September 30, 2023.
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 |
|  | September 30, 2023 |  |  | December 31, 2022 |
Holdings fair value (1) |  | $ | 2,545.4 |  |  | $ | 2,210.5 |
CUSA fair value |  | $ | 1,873.3 |  |  | $ | 1,771.3 |
(1) The fair value of the 4.50% convertible senior notes was $672.1 and $439.2 as of September 30, 2023 and December 31, 2022, respectively.

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