Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 7,158,680 $ 6,095,424
Accounts receivable 1,850,779 1,747,316
Prepaid expenses 1,724,956 1,247,184
Restricted cash 9,566 10,685
Other current assets 325,209 189,528
Total current assets 11,069,190 9,290,137
Property, plant and equipment, net 2,687,760 2,441,872
Operating lease assets 1,681,617 1,618,033
Intangible assets    
Definite-lived intangible assets, net 1,039,009 985,812
Indefinite-lived intangible assets, net 368,898 380,558
Goodwill 2,703,132 2,620,911
Long-term advances 562,273 520,482
Other long-term assets 1,715,239 1,780,966
Total assets 21,827,118 19,638,771
Current liabilities    
Accounts payable, client accounts 1,973,881 1,859,678
Accounts payable 310,056 242,978
Accrued expenses 2,445,784 3,057,334
Deferred revenue 6,076,509 3,721,092
Current portion of long-term debt, net 479,897 260,901
Current portion of operating lease liabilities 151,579 153,406
Other current liabilities 79,886 62,890
Total current liabilities 11,517,592 9,358,279
Long-term debt, net 5,928,524 6,177,168
Long-term operating lease liabilities 1,734,376 1,680,266
Other long-term liabilities 537,266 477,763
Commitments and contingent liabilities (see Note 6)
Redeemable noncontrolling interests 1,311,555 1,126,302
Stockholders' equity    
Common stock 2,322 2,313
Additional paid-in capital 1,906,145 2,059,746
Accumulated deficit (1,514,747) (1,546,819)
Cost of shares held in treasury (6,865) (6,865)
Accumulated other comprehensive loss (280,860) (335,112)
Total Live Nation stockholders' equity 105,995 173,263
Noncontrolling interests 691,810 645,730
Total equity 797,805 818,993
Total liabilities and equity $ 21,827,118 $ 19,638,771