Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 5,871,905 $ 4,884,729
Accounts receivable, less allowance of $50,225 and $50,491, respectively 1,210,007 1,066,573
Prepaid expenses 963,227 654,894
Restricted cash 3,114 3,063
Other current assets 62,182 74,834
Total current assets 8,110,435 6,684,093
Property, plant and equipment, net 1,086,307 1,091,929
Operating lease assets 1,649,982 1,538,911
Intangible assets    
Definite-lived intangible assets, net 1,004,446 1,026,338
Indefinite-lived intangible assets 368,943 369,028
Goodwill 2,604,811 2,590,869
Long-term advances 576,601 552,697
Other long-term assets 605,077 548,453
Total assets 16,006,602 14,402,318
Current liabilities    
Accounts payable, client accounts 1,804,348 1,532,345
Accounts payable 67,008 110,623
Accrued expenses 1,511,446 1,645,906
Deferred revenue 4,049,866 2,774,792
Current portion of long-term debt, net 611,319 585,254
Current portion of operating lease liabilities 139,050 123,715
Other current liabilities 95,450 83,087
Total current liabilities 8,278,487 6,855,722
Long-term debt, net 5,146,681 5,145,484
Long-term operating lease liabilities 1,708,610 1,606,064
Other long-term liabilities 436,789 431,581
Commitments and contingent liabilities
Redeemable noncontrolling interests 581,652 551,921
Stockholders' equity    
Common stock 2,235 2,220
Additional paid-in capital 2,888,551 2,897,695
Accumulated deficit (3,317,397) (3,327,737)
Cost of shares held in treasury (6,865) (6,865)
Accumulated other comprehensive loss (84,341) (147,964)
Total Live Nation stockholders' equity (517,817) (582,651)
Noncontrolling interests 372,200 394,197
Total equity (145,617) (188,454)
Total liabilities and equity $ 16,006,602 $ 14,402,318