v3.19.3
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 1,795,166 $ 2,371,540
Accounts receivable, less allowance of $41,932 and $34,225, respectively 1,215,465 829,320
Accounts Receivable, Allowance   34,225
Prepaid expenses 772,196 597,866
Restricted cash 13,628 6,663
Other current assets 53,268 42,685
Total current assets 3,849,723 3,848,074
Property, plant and equipment    
Land, buildings and improvements 1,116,305 984,558
Computer equipment and capitalized software 787,966 742,737
Furniture and other equipment 362,978 329,607
Construction in progress 163,470 160,028
Property, plant and equipment, gross 2,430,719 2,216,930
Less accumulated depreciation 1,382,580 1,270,337
Property, plant and equipment, net 1,048,139 946,593
Operating lease assets 1,145,487 0
Intangible assets    
Definite-lived intangible assets, net 678,790 661,451
Indefinite-lived intangible assets 368,756 368,854
Goodwill 1,915,215 1,822,943
Long-term advances 563,815 420,891
Other long-term assets 397,208 428,080
Total assets 9,967,133 8,496,886
Current liabilities    
Accounts payable, client accounts 985,214 1,037,162
Accounts payable 119,910 90,253
Accrued expenses 1,511,883 1,245,465
Deferred revenue 1,115,874 1,227,797
Current portion of long-term debt, net 64,274 82,142
Current portion of operating lease liabilities 122,299 0
Other current liabilities 39,918 67,047
Total current liabilities 3,959,372 3,749,866
Long-term debt, net 2,694,934 2,732,878
Long-term operating lease liabilities 1,092,538 0
Deferred income taxes 166,305 137,067
Other long-term liabilities 112,336 204,977
Commitments and contingent liabilities
Redeemable non-controlling interests 418,816 329,355
Stockholders' equity    
Common stock 2,111 2,091
Additional paid-in capital 2,262,461 2,268,209
Accumulated deficit (789,387) (1,019,223)
Cost of shares held in treasury (6,865) (6,865)
Accumulated other comprehensive loss (181,047) (145,231)
Total Live Nation stockholders' equity 1,287,273 1,098,981
Non-controlling interests 235,559 243,762
Total equity 1,522,832 1,342,743
Total liabilities and equity $ 9,967,133 $ 8,496,886

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