Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 6,231,866,000 $ 5,606,457,000
Accounts receivable, less allowance of $82,350 and $63,294, respectively 2,069,054,000 1,465,383,000
Prepaid expenses 1,147,581,000 949,826,000
Restricted cash 7,090,000 5,917,000
Other current assets 122,163,000 131,939,000
Total current assets 9,577,754,000 8,159,522,000
Property, plant and equipment, net 2,101,463,000 1,487,663,000
Operating lease assets 1,606,389,000 1,571,395,000
Intangible assets    
Definite-lived intangible assets, net 1,161,621,000 1,050,622,000
Indefinite-lived intangible assets, net 377,349,000 368,712,000
Goodwill 2,691,466,000 2,529,380,000
Long-term advances 623,154,000 568,558,000
Other long-term assets 934,849,000 724,989,000
Total assets 19,074,045,000 16,460,841,000
Current liabilities    
Accounts payable, client accounts 1,866,864,000 1,791,025,000
Accounts payable 267,493,000 180,076,000
Accrued expenses 3,006,281,000 2,368,434,000
Deferred revenue 3,398,028,000 3,134,800,000
Current portion of long-term debt, net 1,134,386,000 620,032,000
Current portion of operating lease liabilities 158,421,000 140,232,000
Other current liabilities 128,430,000 68,716,000
Total current liabilities 9,959,903,000 8,303,315,000
Long-term debt, net 5,459,026,000 5,283,467,000
Long-term operating lease liabilities 1,686,091,000 1,654,525,000
Long-term deferred income taxes 324,698,000 305,524,000
Other long-term liabilities 488,159,000 455,971,000
Commitments and contingent liabilities
Redeemable noncontrolling interests 893,709,000 669,766,000
Stockholders' equity    
Common stock, $0.01 par value; 450,000,000 shares authorized; 233,711,176 and 231,671,647 shares issued and 233,303,152 and 231,263,623 shares outstanding in 2023 and 2022, respectively 2,298,000 2,285,000
Additional paid-in capital 2,367,918,000 2,698,316,000
Accumulated deficit (2,407,949,000) (2,971,229,000)
Cost of shares held in treasury (6,865,000) (6,865,000)
Accumulated other comprehensive income (loss) 27,450,000 (90,076,000)
Total Live Nation stockholders' equity (17,148,000) (367,569,000)
Noncontrolling interests 604,305,000 461,366,000
Total equity 587,157,000 93,797,000
Total liabilities and equity 19,074,045,000 16,460,841,000
Series A Preferred Stock [Member]    
Stockholders' equity    
Preferred stock—Series A Junior Participating, $0.01 par value; 20,000,000 shares authorized; no shares issued and outstanding 0 0
Preferred stock, $0.01 par value; 30,000,000 shares authorized; no shares issued and outstanding 0 0
Preferred Stock [Member]    
Stockholders' equity    
Preferred stock—Series A Junior Participating, $0.01 par value; 20,000,000 shares authorized; no shares issued and outstanding 0 0
Preferred stock, $0.01 par value; 30,000,000 shares authorized; no shares issued and outstanding $ 0 $ 0