XML 18 R7.htm IDEA: XBRL DOCUMENT v3.26.1
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating Activities:    
Net loss $ (29.3) $ (106.6)
Less: Net loss from discontinued operations, net of tax 0.0 (14.9)
Net loss from continuing operations, net of tax (29.3) (91.7)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 4.4 4.4
Amortization of films and television programs 264.9 224.4
Amortization of debt financing costs and other non-cash interest (benefit) (0.3) 3.6
Non-cash share-based compensation 41.1 1.7
Other non-cash items 6.4 25.3
Loss on extinguishment of debt 0.0 1.0
Equity interests loss 0.0 1.2
Gain on investments, net (1.3) (8.8)
Deferred income taxes 0.3 0.1
Changes in operating assets and liabilities:    
Accounts receivable, net 131.1 7.4
Investment in films and television programs, net (300.6) (250.2)
Other assets (29.4) 13.3
Accounts payable and accrued liabilities (58.8) (20.2)
Participations and residuals 42.9 (26.0)
Content related payables (15.9) (9.8)
Deferred revenue (1.4) 15.2
Net Cash Flows Provided By (Used In) Operating Activities - Continuing Operations 54.1 (109.1)
Net Cash Flows Provided By Operating Activities - Discontinued Operations 0.0 78.1
Net Cash Flows Provided By (Used In) Operating Activities 54.1 (31.0)
Investing Activities:    
Acquisitions of businesses, net of cash acquired 0.0 (29.4)
Proceeds from the sale of equity method and other investments 0.0 34.0
Investments in equity method investees and other, net 0.0 (1.5)
Repayment of loans receivable, net 0.1 0.0
Capital expenditures (2.9) (3.5)
Net Cash Flows Used In Investing Activities - Continuing Operations (2.8) (0.4)
Net Cash Flows Used In Investing Activities - Discontinued Operations 0.0 (1.5)
Net Cash Flows Used in Investing Activities (2.8) (1.9)
Financing Activities:    
Debt - borrowings, net of debt issuance and redemption costs 294.3 696.4
Debt - repurchases and repayments (335.5) (1,007.9)
Film related obligations - borrowings 475.4 551.1
Film related obligations - repayments (392.6) (479.8)
Cash settlement in connection with Starz Separation refinancing 0.0 262.8
Sale of noncontrolling interest in Legacy Lionsgate Studios Corp. 0.0 (3.5)
Distributions to noncontrolling interest (1.4) (0.8)
Exercise of stock options 5.6 0.0
Tax withholding required on equity awards (15.9) (0.3)
Net Cash Flows Provided By Financing Activities - Continuing Operations 29.9 18.0
Net Cash Flows Used In Financing Activities - Discontinued Operations 0.0 (22.3)
Net Cash Flows Provided By (Used In) Financing Activities 29.9 (4.3)
Net Change In Cash, Cash Equivalents and Restricted Cash 81.2 (37.2)
Foreign Exchange Effects on Cash, Cash Equivalents and Restricted Cash (1.6) 3.2
Cash, Cash Equivalents and Restricted Cash - Beginning Of Period 419.8 291.6
Cash, Cash Equivalents and Restricted Cash - End Of Period $ 499.4 $ 257.6