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REVENUE RECOGNITION (Tables) | 12 Months Ended
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Dec. 31, 2023
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 operating segment.
|  | 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 |
|  | Year Ended December 31, 2021 |
|  | U.S. |  |  | International |  |  |  |
|  | Operating |  |  | Operating |  |  |  |
Major Goods/Services |  | Segment (1) |  |  | Segment |  |  | Consolidated |
Admissions Revenue |  | $ | 671.7 |  |  | $ | 108.3 |  |  | $ | 780.0 |
Concession Revenue |  |  | 482.8 |  |  |  | 78.9 |  |  |  | 561.7 |
Screen advertising, screen rental and promotional revenue |  |  | 66.2 |  |  |  | 17.9 |  |  |  | 84.1 |
Other Revenue |  |  | 72.9 |  |  |  | 11.8 |  |  |  | 84.7 |
Total Revenue |  | $ | 1,293.6 |  |  | $ | 216.9 |  |  | $ | 1,510.5 |
(1) U.S. segment revenues exclude intercompany transactions with the international operating segment. See Note 22 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, 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 |
|  | Year Ended December 31, 2021 |
|  | U.S. |  |  | International |  |  |  |
|  | Operating |  |  | Operating |  |  |  |
|  | Segment (1) |  |  | Segment |  |  | Consolidated |
Goods and services transferred at a point in time |  | $ | 1,201.2 |  |  | $ | 193.7 |  |  | $ | 1,394.9 |
Goods and services transferred over time |  |  | 92.4 |  |  |  | 23.2 |  |  |  | 115.6 |
Total |  | $ | 1,293.6 |  |  | $ | 216.9 |  |  | $ | 1,510.5 |
(1) U.S. segment revenues exclude intercompany transactions with the international operating segment. See Note 22 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, 2022 |  | $ | 346.0 |  |  | $ | 160.3 |
Amounts recognized as accounts receivable |  |  | — |  |  |  | 1.8 |
Cash received from customers in advance |  |  | — |  |  |  | 241.1 |
Common units received from NCM (see Note 9) |  |  | 1.3 |  |  |  | — |
Interest accrued related to significant financing component |  |  | 23.2 |  |  |  | — |
Revenue recognized during period |  |  | (32.3 | ) |  |  | (206.9 | )
Foreign currency translation adjustments |  |  | — |  |  |  | (1.4 | )
Balance at December 31, 2022 |  |  | 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 |
(1) Relates to the sale of the Company’s Ecuador subsidiary. See Note 8. (2) See Significant Financing Component in Note 9 for discussion of NCM screen advertising advances and maturity of balances as of December 31, 2023. (3) Includes liabilities associated with outstanding gift cards and discount ticket vouchers, points or rebates outstanding under the Company’s loyalty and membership programs and revenue not yet recognized for screen advertising and other promotional activities. Amount is 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, 2023 and when the Company expects to recognize this revenue.
|  | Year Ended December 31, |  |  |  |  |  |  |
Remaining Performance Obligations |  | 2024 |  |  | 2025 |  |  | Thereafter |  |  | Total |
Other deferred revenue |  | $ | 195.2 |  |  |  | 26.4 |  |  |  | — |  |  | $ | 221.6 |

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