Annual report pursuant to Section 13 and 15(d)

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

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SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS
 12 Months Ended
Dec. 31, 2019
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]
LIVE NATION ENTERTAINMENT, INC.
SCHEDULE II
VALUATION AND QUALIFYING ACCOUNTS
Allowance for Doubtful Accounts
Description Balance at Beginning of Period Charges of Costs, Expenses and Other Write-off of Accounts Receivable
Other (1)
Balance at End of Period
(in thousands)
Year ended December 31, 2017    $ 29,634    $ 16,664    $ (14,846)   $ 1,303    $ 32,755   
Year ended December 31, 2018    $ 32,755    $ 21,378    $ (19,777)   $ (131)   $ 34,225   
Year ended December 31, 2019    $ 34,225    $ 24,419    $ (7,968)   $ (160)   $ 50,516   
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(1) Foreign currency adjustments and acquisitions.
LIVE NATION ENTERTAINMENT, INC.
SCHEDULE II
VALUATION AND QUALIFYING ACCOUNTS
Deferred Tax Asset Valuation Allowance
Description Balance at Beginning of Period Charges of Costs, Expenses and Other Deletions
Other (1)
Balance at End of Period
(in thousands)
Year ended December 31, 2017    $ 681,566    $ 18,067    $ —    $ (103,196)   $ 596,437   
Year ended December 31, 2018    $ 596,437    $ (8,845)   $ —    $ (56,950)   $ 530,642   
Year ended December 31, 2019    $ 530,642    $ 8,536    $ —    $ 128,064    $ 667,242   
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(1) During 2019, 2018 and 2017, the valuation allowance was adjusted for acquisitions, divestitures and foreign currency adjustments. The 2017 valuation allowance was also reduced due to the reduction in the federal income tax rate to 21%. This reduced the previously fully valued United States deferred tax asset. The 2018 valuation allowance was also reduced for decreases in fully valued deferred tax assets, primarily United States foreign tax credits utilized to offset the transition tax liability under the provisions of the TCJA and declining net operating loss carryforwards due to improved profitability. The 2019 valuation allowance increased due to increases in fully valued deferred tax assets, primarily net operating loss carryforwards.