XML 116 R105.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidating Financial Information - Convertible Senior Subordinated Notes (Statement of Operations) (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Revenues $ 752 $ 671 $ 1,945 $ 1,556
Expenses:        
Direct operating 430 404 1,183 927
Distribution and marketing 175 203 522 428
General and administration 89 57 235 180
Depreciation and amortization 13 3 23 7
Restructuring and other 52 13 70 18
Total expenses 759 680 2,033 1,560
Operating loss (7) (9) (88) (4)
Other expenses (income):        
Interest expense 27 14 58 40
Interest and other income (1) 0 (4) (2)
Gain on Starz investment (20) 0 (20) 0
Loss on extinguishment of debt 28 0 28 0
Total other expenses (income) 34 14 62 38
Loss before equity interests and income taxes (41) (23) (150) (42)
Equity interests income (loss) (2) 11 11 29
Income (loss) before income taxes (43) (12) (139) (13)
Income tax provision (benefit) (12) (45) (92) (44)
Net income (loss) (31) 33 (47) 31
Less: Net loss attributable to noncontrolling interest 0 8 0 8
Net income (loss) attributable to Lions Gate Entertainment Corp. shareholders $ (31) $ 41 (47) 39
Convertible Senior Subordinated Notes        
Revenues     1,945 1,556
Expenses:        
Direct operating     1,183 927
Distribution and marketing     522 428
General and administration     235 180
Depreciation and amortization     23 7
Restructuring and other     70 18
Total expenses     2,033 1,560
Operating loss     (88) (4)
Other expenses (income):        
Interest expense     58 40
Interest and other income     (4) (2)
Gain on Starz investment     (20)  
Loss on extinguishment of debt     28  
Total other expenses (income)     62 38
Loss before equity interests and income taxes     (150) (42)
Equity interests income (loss)     11 29
Income (loss) before income taxes     (139) (13)
Income tax provision (benefit)     (92) (44)
Net income (loss)     (47) 31
Less: Net loss attributable to noncontrolling interest     0 8
Net income (loss) attributable to Lions Gate Entertainment Corp. shareholders     (47) 39
Convertible Senior Subordinated Notes | Consolidating Adjustments        
Revenues     0 (1)
Expenses:        
Direct operating     0 0
Distribution and marketing     0 0
General and administration     (1) (1)
Depreciation and amortization     0 0
Restructuring and other     0 0
Total expenses     (1) (1)
Operating loss     1 0
Other expenses (income):        
Interest expense     (308) (281)
Interest and other income     307 280
Gain on Starz investment     0  
Loss on extinguishment of debt     0  
Total other expenses (income)     (1) (1)
Loss before equity interests and income taxes     2 1
Equity interests income (loss)     87 (106)
Income (loss) before income taxes     89 (105)
Income tax provision (benefit)     (28) (52)
Net income (loss)     117 (53)
Less: Net loss attributable to noncontrolling interest     0 8
Net income (loss) attributable to Lions Gate Entertainment Corp. shareholders     117 (45)
Convertible Senior Subordinated Notes | Lions Gate Entertainment Corp.        
Revenues     0 0
Expenses:        
Direct operating     0 1
Distribution and marketing     0 0
General and administration     2 3
Depreciation and amortization     0 0
Restructuring and other     2 3
Total expenses     4 7
Operating loss     (4) (7)
Other expenses (income):        
Interest expense     45 28
Interest and other income     (173) (154)
Gain on Starz investment     (20)  
Loss on extinguishment of debt     22  
Total other expenses (income)     (126) (126)
Loss before equity interests and income taxes     122 119
Equity interests income (loss)     (159) (81)
Income (loss) before income taxes     (37) 38
Income tax provision (benefit)     10 (1)
Net income (loss)     (47) 39
Less: Net loss attributable to noncontrolling interest     0 0
Net income (loss) attributable to Lions Gate Entertainment Corp. shareholders     (47) 39
Convertible Senior Subordinated Notes | Lions Gate Entertainment Inc.        
Revenues     12 16
Expenses:        
Direct operating     2 0
Distribution and marketing     1 6
General and administration     96 105
Depreciation and amortization     8 6
Restructuring and other     63 4
Total expenses     170 121
Operating loss     (158) (105)
Other expenses (income):        
Interest expense     171 164
Interest and other income     0 (1)
Gain on Starz investment     0  
Loss on extinguishment of debt     3  
Total other expenses (income)     174 163
Loss before equity interests and income taxes     (332) (268)
Equity interests income (loss)     67 186
Income (loss) before income taxes     (265) (82)
Income tax provision (benefit)     (106) (45)
Net income (loss)     (159) (37)
Less: Net loss attributable to noncontrolling interest     0 0
Net income (loss) attributable to Lions Gate Entertainment Corp. shareholders     (159) (37)
Convertible Senior Subordinated Notes | Non-guarantor Subsidiaries        
Revenues     1,933 1,541
Expenses:        
Direct operating     1,181 926
Distribution and marketing     521 422
General and administration     138 73
Depreciation and amortization     15 1
Restructuring and other     5 11
Total expenses     1,860 1,433
Operating loss     73 108
Other expenses (income):        
Interest expense     150 129
Interest and other income     (138) (127)
Gain on Starz investment     0  
Loss on extinguishment of debt     3  
Total other expenses (income)     15 2
Loss before equity interests and income taxes     58 106
Equity interests income (loss)     16 30
Income (loss) before income taxes     74 136
Income tax provision (benefit)     32 54
Net income (loss)     42 82
Less: Net loss attributable to noncontrolling interest     0 0
Net income (loss) attributable to Lions Gate Entertainment Corp. shareholders     $ 42 $ 82