It was smooth sailing to the top spot at the box office for " Pirates of the Caribbean: Dead Men Tell No Tales ," but the waters were choppier for the Dwayne Johnson comedy " Baywatch ." Studio estimates on Sunday say the fifth installment of the "Pirates of the Caribbean" franchise commandeered $62.2 million in its first three days in theaters. The Johnny Depp-starrer is projected to take in $76.6 million over the four-day holiday weekend. It was the second-lowest domestic opening for the nearly $4 billion franchise, but the latest film, which cost a reported $230 million to produce, has massive international appeal. Its four-day global total is expected to hit $300 million. Having the majority of profits come from international receipts is not worrying Walt Disney Studios. "This is a trend that we've seen play out over the course of these films," said Dave Hollis, executive vice president of distribution for Disney. "