Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2023

Revenue from Contract with Customer [Abstract]

Schedule of Contract Assets and Liabilities

The change in the carrying amount of contract assets and liabilities for the year ended December 31, 2023 is as follows:

(In millions)	December 31, 2023
Assets
Balance at beginning of the year	$	594.4
Recognized in current year	478.6
Amounts reclassified (1)	(474.2)
Assets disposed (2)	(402.3)
Foreign currency impact	16.8
Ending Balance	$	213.3
Liabilities
Balance at beginning of the year	$	113.0
Recognized in current year	460.1
Amounts in beginning balance reclassified to revenue	(89.9)
Current year amounts reclassified to revenue	(224.3)
Liabilities disposed (1)	(25.8)
Foreign currency impact	(2.3)
Ending Balance	$	230.8

(1) These amounts are primarily related to balances reclassified to Accounts receivable.

(2) See note 3 for additional information on the sale of the eOne film and TV business.