Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

v2.4.1.9
CONSOLIDATED BALANCE SHEETS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 1,606,658us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,382,029us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, less allowance of $20,141 and $17,489, respectively 434,543us-gaap_AccountsReceivableNetCurrent 419,301us-gaap_AccountsReceivableNetCurrent
Prepaid expenses 573,843us-gaap_PrepaidExpenseCurrent 440,272us-gaap_PrepaidExpenseCurrent
Other current assets 38,069us-gaap_OtherAssetsCurrent 26,089us-gaap_OtherAssetsCurrent
Total current assets 2,653,113us-gaap_AssetsCurrent 2,267,691us-gaap_AssetsCurrent
Property, plant and equipment    
Land, buildings and improvements 795,031lyv_LandBuildingsAndImprovements 808,116lyv_LandBuildingsAndImprovements
Computer equipment and capitalized software 457,301lyv_ComputerEquipmentAndCapitalizedSoftware 454,925lyv_ComputerEquipmentAndCapitalizedSoftware
Furniture and other equipment 207,831us-gaap_FurnitureAndFixturesGross 209,624us-gaap_FurnitureAndFixturesGross
Construction in progress 86,096us-gaap_ConstructionInProgressGross 78,111us-gaap_ConstructionInProgressGross
Property, plant and equipment, gross 1,546,259us-gaap_PropertyPlantAndEquipmentGross 1,550,776us-gaap_PropertyPlantAndEquipmentGross
Less accumulated depreciation 870,467us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment 855,439us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
Property, plant and equipment, net 675,792us-gaap_PropertyPlantAndEquipmentNet 695,337us-gaap_PropertyPlantAndEquipmentNet
Intangible assets    
Definite-lived intangible assets, net 664,998us-gaap_FiniteLivedIntangibleAssetsNet 682,713us-gaap_FiniteLivedIntangibleAssetsNet
Indefinite-lived intangible assets 369,324us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill 369,480us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill
Goodwill 1,421,618us-gaap_Goodwill 1,479,037us-gaap_Goodwill
Other long-term assets 553,556us-gaap_OtherAssetsNoncurrent 474,103us-gaap_OtherAssetsNoncurrent
Total assets 6,338,401us-gaap_Assets 5,968,361us-gaap_Assets
Current liabilities    
Accounts payable, client accounts 734,540lyv_AccountsPayableClientAccounts 658,108lyv_AccountsPayableClientAccounts
Accounts payable 59,762us-gaap_AccountsPayableCurrent 74,151us-gaap_AccountsPayableCurrent
Accrued expenses 544,471us-gaap_AccruedLiabilitiesCurrent 675,880us-gaap_AccruedLiabilitiesCurrent
Deferred revenue 1,081,883us-gaap_DeferredRevenueCurrent 543,122us-gaap_DeferredRevenueCurrent
Current portion of long-term debt, net 64,104us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent 47,443us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent
Other current liabilities 22,221us-gaap_OtherLiabilitiesCurrent 12,035us-gaap_OtherLiabilitiesCurrent
Total current liabilities 2,506,981us-gaap_LiabilitiesCurrent 2,010,739us-gaap_LiabilitiesCurrent
Long-term debt, net 1,968,771us-gaap_LongTermDebtAndCapitalLeaseObligations 1,995,957us-gaap_LongTermDebtAndCapitalLeaseObligations
Long-term deferred income taxes 195,387us-gaap_DeferredTaxLiabilitiesNoncurrent 196,759us-gaap_DeferredTaxLiabilitiesNoncurrent
Other long-term liabilities 111,894us-gaap_OtherLiabilitiesNoncurrent 112,204us-gaap_OtherLiabilitiesNoncurrent
Commitments and contingent liabilities      
Redeemable noncontrolling interests 166,816us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount 168,855us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount
Stockholders’ equity    
Common stock 2,009us-gaap_CommonStockValue 2,004us-gaap_CommonStockValue
Additional paid-in capital 2,416,164us-gaap_AdditionalPaidInCapital 2,414,428us-gaap_AdditionalPaidInCapital
Accumulated deficit (1,100,882)us-gaap_RetainedEarningsAccumulatedDeficit (1,042,603)us-gaap_RetainedEarningsAccumulatedDeficit
Cost of shares held in treasury (6,865)us-gaap_TreasuryStockValue (6,865)us-gaap_TreasuryStockValue
Accumulated other comprehensive loss (114,478)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (70,010)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total Live Nation stockholders’ equity 1,195,948us-gaap_StockholdersEquity 1,296,954us-gaap_StockholdersEquity
Noncontrolling interests 192,604us-gaap_MinorityInterest 186,893us-gaap_MinorityInterest
Total equity 1,388,552us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 1,483,847us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and equity $ 6,338,401us-gaap_LiabilitiesAndStockholdersEquity $ 5,968,361us-gaap_LiabilitiesAndStockholdersEquity