Annual report pursuant to Section 13 and 15(d)

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

v3.22.4
SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS
 12 Months Ended
Dec. 31, 2022
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS
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, 2020 $ 50,516  $ 26,103  $ (11,901) $ 8,186  $ 72,904 
Year ended December 31, 2021 $ 72,904  $ (17,658) $ (3,846) $ (909) $ 50,491 
Year ended December 31, 2022 $ 50,491  $ 29,281  $ (10,364) $ (6,114) $ 63,294 
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(1) Foreign currency adjustments, acquisitions and miscellaneous adjustments. The year ended December 31, 2020 includes a $3.0 million cumulative-effect adjustment related to our adoption of the accounting guidance for current expected credit losses for financial assets measured at amortized cost.
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, 2020 $ 667,242  $ 344,161  $ —  $ 89,004  $ 1,100,407 
Year ended December 31, 2021 $ 1,100,407  $ 135,908  $ —  $ (16,819) $ 1,219,496 
Year ended December 31, 2022 $ 1,219,496  $ 38,811  $ —  $ (17,426) $ 1,240,881 
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(1) During 2022, 2021 and 2020, the valuation allowance was adjusted for acquisitions, divestitures and foreign currency adjustments. The 2020 valuation allowance increased due to increases in fully valued deferred tax assets, primarily net operating loss carryforwards. The 2021 valuation allowance increased primarily due to increases in certain fully valued United States federal deferred tax assets.