This is the 426th most frequent French word.
cependant
"However" or "nevertheless."
Here, 'cependant' is used to contrast the expectation of wearing a coat with the choice of not wearing one despite the cold.
Il fait froid dehors; cependant, elle n'a pas mis de manteau.
It is cold outside; however, she didn't wear a coat.
'Cependant' contrasts the speaker's positive opinion of the movie with their recent lack of engagement with it.
J'aime ce film, cependant je ne l'ai pas regardé récemment.
I like this movie, however, I haven't watched it recently.
In this sentence, 'cependant' is used as a conjunction to introduce a contrasting statement.