v3.19.2
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 2,270,341 $ 2,371,540
Accounts receivable, less allowance of $35,215 and $34,225, respectively 1,096,754 829,320
Prepaid expenses 858,469 597,866
Restricted cash 14,638 6,663
Other current assets 44,685 42,685
Total current assets 4,284,887 3,848,074
Property, plant and equipment    
Land, buildings and improvements 1,101,316 984,558
Computer equipment and capitalized software 782,994 742,737
Furniture and other equipment 356,597 329,607
Construction in progress 129,418 160,028
Property, plant and equipment, gross 2,370,325 2,216,930
Less accumulated depreciation 1,344,857 1,270,337
Property, plant and equipment, net 1,025,468 946,593
Operating lease assets 1,186,909 0
Intangible assets    
Definite-lived intangible assets, net 753,490 661,451
Indefinite-lived intangible assets 368,846 368,854
Goodwill 1,925,725 1,822,943
Long-term advances 575,787 420,891
Other long-term assets 408,275 428,080
Total assets 10,529,387 8,496,886
Current liabilities    
Accounts payable, client accounts 989,570 1,037,162
Accounts payable 170,274 90,253
Accrued expenses 1,339,881 1,245,465
Deferred revenue 1,890,997 1,227,797
Current portion of long-term debt, net 55,409 82,142
Current portion of operating lease liabilities 120,065 0
Other current liabilities 39,527 67,047
Total current liabilities 4,605,723 3,749,866
Long-term debt, net 2,708,642 2,732,878
Long-term operating lease liabilities 1,138,893 0
Deferred income taxes 169,985 137,067
Other long-term liabilities 113,060 204,977
Commitments and contingent liabilities
Redeemable noncontrolling interests 385,328 329,355
Stockholders’ equity    
Common stock 2,101 2,091
Additional paid-in capital 2,296,010 2,268,209
Accumulated deficit (968,312) (1,019,223)
Cost of shares held in treasury (6,865) (6,865)
Accumulated other comprehensive loss (148,791) (145,231)
Total Live Nation stockholders’ equity 1,174,143 1,098,981
Noncontrolling interests 233,613 243,762
Total equity 1,407,756 1,342,743
Total liabilities and equity $ 10,529,387 $ 8,496,886

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