Old and decrepit Krank (Daniel Emilfork) has lost his capacity for dreaming and is attempting to fight death by stealing the dreams of children. Krank’s cadre of cloned henchmen (Dominique Pinon) snatch 5-year-old Denree (Joseph Lucien) to subject him to the horrific dream-retrieval process. The boy’s father, One (Ron Perlman), the hulking strongman of a traveling circus, and his precocious 9-year-old friend, Miette (Judith Vittet), join forces to defeat Krank’s minions and save Denree.
Imbecilic best friends Lloyd Christmas (Jim Carrey) and Harry Dunne (Jeff Daniels) stumble across a suitcase full of money left behind in Harry’s car by Mary Swanson (Lauren Holly), who was on her way to the airport. The pair decide to go to Aspen, Colo., to return the money, unaware that it is connected to a kidnapping. As Harry and Lloyd who have fallen in love with Mary are pursued across the country by hired killers and police, they find both their friendship and their brains tested.
Once a first-rate Secret Service agent, Joe Hallenbeck (Bruce Willis) is now a gruff private investigator whose latest gig is protecting a pole dancer (Halle Berry). When she’s murdered, he grudgingly teams up with her boyfriend, Jimmy Dix (Damon Wayans), an ex-quarterback with a gambling problem, and the two go after her killers. Before long, they stumble onto a plot by a well-known football magnate (Noble Willingham) to bribe federal legislators into legalizing sports gambling.
Retired Special Forces soldier John Matrix (Arnold Schwarzenegger) lives with daughter Jenny (Alyssa Milano) in isolation, but his privacy is disturbed by former commander Franklin Kirby (James Olson), who warns him that his fellow soldiers are getting killed one by one. After Kirby leaves, Jenny is kidnapped by former Latin American dictator Arius (Dan Hedaya), who wants Matrix to restore him to power. Instead, Matrix sets out to take down the rogue leader and rescue his daughter.