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  "docSlug": "15251f26b6bf1641f4c6f74144c9693d",
  "documentTitle": "AMC | Other Presentation Deck | 16 slides",
  "authorId": "amc",
  "authorName": "AMC",
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  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2019-04-01 00:00:00",
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  "notes": "The slide uses a process-flow diagram to illustrate the transition from legacy accounting standards to the new ASC 842 standard.",
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      "kind": "callout",
      "text": "ASC 842 has no impact on AMC's operations, cash generation, or compliance with debt covenants / rating agency considerations",
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      "text": "Under ASC 842, AMC's operating leases will be reported on the balance sheet and its legacy financing lease obligations will be reclassified as operating leases",
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      "text": "Comparison of Prior GAAP (ASC 840) and New GAAP (ASC 842) lease treatments",
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      "text": "Operating leases are now capitalized on the balance sheet as right-of-use assets and operating lease liabilities. Financing lease obligations / FLOs are reclassified as operating leases, shifting interest expense and principal payments to rent expense. Capital leases are renamed as financing leases; no changes in accounting.",
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      "text": "Changes Under New Lease Accounting Standard",
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