CORPORATE BORROWINGS (Tables)

3 Months Ended

Mar. 31, 2020

Summary of the carrying value of corporate borrowings and capital and financing lease obligations

(In millions)	March 31, 2020		December 31, 2019
Senior Secured Credit Facility-Term Loan due 2026 (4.61% as of March 31, 2020)	$	1,980.0	$	1,985.0
Revolving Credit Facility Due 2024 (4.75% as of March 31, 2020)		215.0		—
Odeon Revolving Credit Facility Due 2022 (3.17% as of March 31, 2020)		85.1		—
Odeon Revolving Credit Facility Due 2022 (2.6% as of March 31, 2020)		24.7		—
2.95% Senior Unsecured Convertible Notes due 2024		600.0		600.0
6.375% Senior Subordinated Notes due 2024 (£500 million par value)		617.3		655.8
5.75% Senior Subordinated Notes due 2025		600.0		600.0
5.875% Senior Subordinated Notes due 2026		595.0		595.0
6.125% Senior Subordinated Notes due 2027		475.0		475.0
	$	5,192.1	$	4,910.8
Finance lease obligations		95.2		99.9
Debt issuance costs		(84.5)		(88.8)
Net discounts		(66.8)		(69.1)
Derivative liability		—		0.5
	$	5,136.0	$	4,853.3
Less:
Current maturities corporate borrowings		(20.0)		(20.0)
Current maturities finance lease obligations		(10.2)		(10.3)
	$	5,105.8	$	4,823.0

2.95% Senior Unsecured Convertible Notes due 2024

Summary of the carrying value of corporate borrowings and capital and financing lease obligations

The table below sets forth the carrying value of the Senior Unsecured Convertible Notes due 2024:

	Carrying Value		Increase		Carrying Value
	as of		to Expense		as of
(In millions)	December 31, 2019		(Income)		March 31, 2020
Principal balance	$	600.0	$	—	$	600.0
Discount		(73.7)		3.4		(70.3)
Debt issuance costs		(11.2)		0.4		(10.8)
Derivative liability		0.5		(0.5)		—
Carrying value	$	515.6	$	3.3	$	518.9