Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 5,606,457,000 $ 4,884,729,000
Accounts receivable, less allowance of $63,294 and $50,491, respectively 1,465,383,000 1,066,573,000
Prepaid expenses 949,826,000 654,894,000
Restricted cash 5,917,000 3,063,000
Other current assets 131,939,000 74,834,000
Total current assets 8,159,522,000 6,684,093,000
Property, plant and equipment, net 1,487,663,000 1,091,929,000
Operating lease assets 1,571,395,000 1,538,911,000
Intangible assets    
Definite-lived intangible assets, net 1,050,622,000 1,026,338,000
Indefinite-lived intangible assets, net 368,712,000 369,028,000
Goodwill 2,529,380,000 2,590,869,000
Long-term advances 568,558,000 552,697,000
Other long-term assets 724,989,000 548,453,000
Total assets 16,460,841,000 14,402,318,000
Current liabilities    
Accounts payable, client accounts 1,791,025,000 1,532,345,000
Accounts payable 180,076,000 110,623,000
Accrued expenses 2,368,434,000 1,645,906,000
Deferred revenue 3,134,800,000 2,774,792,000
Current portion of long-term debt, net 620,032,000 585,254,000
Current portion of operating lease liabilities 140,232,000 123,715,000
Other current liabilities 68,716,000 83,087,000
Total current liabilities 8,303,315,000 6,855,722,000
Long-term debt, net 5,283,467,000 5,145,484,000
Long-term operating lease liabilities 1,654,525,000 1,606,064,000
Long-term deferred income taxes 305,524,000 236,549,000
Other long-term liabilities 455,971,000 431,581,000
Commitments and contingent liabilities
Redeemable noncontrolling interests 669,766,000 551,921,000
Stockholders' equity    
Common stock, $0.01 par value; 450,000,000 shares authorized; 231,671,647 and 225,082,603 shares issued and 231,263,623 and 224,674,579 shares outstanding in 2022 and 2021, respectively 2,285,000 2,220,000
Additional paid-in capital 2,698,316,000 2,897,695,000
Accumulated deficit (2,971,229,000) (3,327,737,000)
Cost of shares held in treasury (6,865,000) (6,865,000)
Accumulated other comprehensive loss (90,076,000) (147,964,000)
Total Live Nation stockholders' equity (367,569,000) (582,651,000)
Noncontrolling interests 461,366,000 394,197,000
Total equity 93,797,000 (188,454,000)
Total liabilities and equity 16,460,841,000 14,402,318,000
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