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Additional Financial Information (Tables)
12 Months Ended
Mar. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Cash, Cash Equivalents and Restricted Cash
The following table provides a reconciliation of cash, cash equivalents and cash in assets of discontinued operations reported in the combined balance sheet to the total amounts reported in the combined statements of cash flows at March 31, 2025 and 2024.
March 31, 2025March 31, 2024
 (Amounts in millions)
Cash and cash equivalents$17.8 $23.0 
Cash in assets of discontinued operations — current— 14.0 
Total cash, cash equivalents and cash in assets of discontinued operations$17.8 $37.0 
Schedule of Transfer of Financial Assets Accounted for as Sales The following table sets forth a summary of the receivables transferred:
Year Ended
March 31,
202520242023
 (Amounts in millions)
Carrying value of receivables transferred and derecognized$822.2 $987.1 $1,190.1 
Net cash proceeds received from third party purchasers815.1 894.0 999.7 
Net cash proceeds received from Old Lionsgate— 85.5 183.7 
Loss recorded related to transfers of receivables7.1 7.5 6.7 
Schedule of Other Assets
The composition of the Company’s other assets is as follows:
March 31,
2025
March 31,
2024
 (Amounts in millions)
Other current assets
Prepaid expenses and other$18.4 $18.1 
$18.4 $18.1 
Other non-current assets
Accounts receivable$4.5 $3.5 
Operating lease right-of-use assets37.3 44.5 
$41.8 $48.0 
Schedule of Accrued Liabilities
The composition of the Company’s other accrued liabilities (current) and other liabilities (non-current) is as follows:
March 31,
2025
March 31,
2024
 (Amounts in millions)
Other accrued liabilities (current)
Employee related liabilities$27.9$28.4
Operating lease liabilities9.99.0
Interest payable18.018.0
Other accrued expenses and short-term liabilities8.710.4
$64.5$65.8
Other liabilities (non-current)
Income tax payable$$7.4
Operating lease liabilities45.655.4
Programming related payables26.513.7
Other long-term liabilities3.83.4
$75.9$79.9
Supplemental Cash Flow Information Related to Leases
Supplemental cash flow information related to leases was as follows:
Year Ended
March 31,
202520242023
(Amounts in millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases$11.2 $10.4 $2.0 
Increase (decrease) in right-of-use assets and lease liability due to a reassessment event:
Operating leases — increase (decrease) in right-of-use assets$— $— $15.6 
Operating leases — increase (decrease) in lease liability$— $— $15.6