v3.21.2
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (533,182) $ (821,506)
Reconciling items:    
Depreciation 111,864 122,825
Amortization 100,457 122,022
Amortization of non-recoupable ticketing contract advances 28,728 32,126
Deferred income tax expense (benefit) 6,149 (12,316)
Amortization of debt issuance costs and discounts 18,373 14,856
Non-cash compensation expense 52,847 50,270
Unrealized changes in fair value of contingent consideration (8,040) (24,789)
Provision for uncollectible accounts receivable (16,563) 25,764
Gain (Loss) on Sale of Investments 52,947 (35)
Other, net 13,700 (2,644)
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:    
Decrease (increase) in accounts receivable (143,343) 363,079
Increase in prepaid expenses and other assets (102,554) (50,493)
Increase (decrease) in accounts payable, accrued expenses and other liabilities 518,810 (807,552)
Increase in deferred revenue 1,175,690 597,963
Net cash provided by (used in) operating activities 1,169,989 (390,360)
CASH FLOWS FROM INVESTING ACTIVITIES    
Advances of notes receivable (12,830) (11,457)
Collections of notes receivable 10,618 12,782
Investments made in nonconsolidated affiliates (33,729) (8,150)
Purchases of property, plant and equipment (58,066) (142,509)
Cash paid for acquisitions, net of cash acquired (7,627) (37,471)
Purchases of intangible assets (11,191) (5,594)
Proceeds from sale of investments in nonconsolidated affiliates 61,618 105
Other, net 912 1,653
Net cash used in investing activities (50,295) (190,641)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from long-term debt, net of debt issuance costs 511,068 1,602,097
Payments on long-term debt (85,125) (11,087)
Contributions from noncontrolling interests 15,288 1,467
Distributions to noncontrolling interests (14,542) (26,315)
Purchases and sales of noncontrolling interests, net (3,273) (88,191)
Proceeds from exercise of stock options 28,083 11,406
Taxes paid for net share settlement of equity awards (38,209) (17,339)
Payments of Merger Related Costs, Financing Activities (11,926) (9,940)
Other, net 105 0
Net cash provided by financing activities 401,469 1,462,098
Effect of exchange rate changes on cash, cash equivalents and restricted cash (19,965) (54,974)
Net increase in cash, cash equivalents, and restricted cash 1,501,198 826,123
Cash, cash equivalents, and restricted cash at beginning of period 2,546,439 2,474,242
Cash, cash equivalents, and restricted cash at end of period $ 4,047,637 $ 3,300,365

Source