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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 349,043 $ 333,523
Reconciling items:    
Depreciation 183,804 146,168
Amortization of definite-lived intangibles 124,676 124,155
Amortization of non-recoupable ticketing contract advances 45,443 45,241
Deferred income taxes 25,129 (6,078)
Amortization of debt issuance costs and discounts 8,131 7,881
Stock-based compensation expense 86,097 59,738
Unrealized changes in fair value of contingent consideration 9,304 (28,573)
Equity in losses of nonconsolidated affiliates, net of distributions 8,774 5,671
Provision for uncollectible accounts receivable 13,539 (9,806)
Loss (Gain) on mark-to-market of investments in nonconsolidated affiliates and crypto assets 133 (100,153)
Gain (Loss), Foreign Currency Transaction, before Tax 31,584 (8,019)
Other, net (9,730) (3,953)
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:    
Increase in accounts receivable (622,765) (465,797)
Increase in prepaid expenses and other assets (822,523) (646,147)
Increase in accounts payable, accrued expenses and other liabilities 225,791 430,886
Increase in deferred revenue 1,888,292 1,516,217
Net cash provided by operating activities 1,544,722 1,400,954
CASH FLOWS FROM INVESTING ACTIVITIES    
Advances of notes receivable (19,156) (75,973)
Collections of notes receivable 17,784 21,290
Investments made in nonconsolidated affiliates (14,492) (30,593)
Purchases of property, plant and equipment (434,207) (333,689)
Cash paid for acquisition of right-of-use assets (20,800) 0
Cash paid for acquisitions, net of cash acquired (50,090) (17,579)
Proceeds from sale of intangible assets 20,040 0
Other, net 8,495 2,139
Net cash used in investing activities (492,426) (434,405)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from long-term debt, net of debt issuance costs 62,764 886
Payments on long-term debt including extinguishment costs (103,625) (377,132)
Contributions from noncontrolling interests 11,264 28
Distributions to noncontrolling interests (164,819) (171,908)
Purchases of noncontrolling interests, net (206,112) (47,980)
Proceeds from exercise of stock options 3,443 12,819
Taxes paid for net share settlement of equity awards (86,585) (38,551)
Payments for deferred and contingent consideration (14,399) (20,390)
Other, net (383) (748)
Net cash used in financing activities (498,452) (642,976)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 409,647 (152,989)
Net increase in cash, cash equivalents and restricted cash 963,491 170,584
Cash, cash equivalents and restricted cash at beginning of period 6,106,109 6,238,956
Cash, cash equivalents and restricted cash at end of period $ 7,069,600 $ 6,409,540

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