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, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 6,991,987 $ 5,606,457
Accounts receivable, less allowance of $62,224 and $63,294, respectively 1,657,210 1,465,383
Prepaid expenses 1,323,199 949,826
Restricted cash 5,465 5,917
Other current assets 119,260 131,939
Total current assets 10,097,121 8,159,522
Property, plant and equipment, net 1,887,070 1,487,663
Operating lease assets 1,580,919 1,571,395
Intangible assets    
Definite-lived intangible assets, net 1,054,538 1,050,622
Indefinite-lived intangible assets, net 368,771 368,712
Goodwill 2,577,317 2,529,380
Long-term advances 594,556 568,558
Other long-term assets 709,299 724,989
Total assets 18,869,591 16,460,841
Current liabilities    
Accounts payable, client accounts 1,815,911 1,791,025
Accounts payable 172,649 180,076
Accrued expenses 2,002,429 2,368,434
Deferred revenue 5,103,432 3,134,800
Current portion of long-term debt, net 63,870 620,032
Current portion of operating lease liabilities 142,951 140,232
Other current liabilities 72,845 68,716
Total current liabilities 9,374,087 8,303,315
Long-term debt, net 6,547,911 5,283,467
Long-term operating lease liabilities 1,646,624 1,654,525
Other long-term liabilities 511,473 455,971
Commitments and contingent liabilities
Redeemable noncontrolling interests 710,350 669,766
Stockholders' equity    
Common stock 2,289 2,285
Additional paid-in capital 2,535,553 2,698,316
Accumulated deficit (2,974,398) (2,971,229)
Cost of shares held in treasury (6,865) (6,865)
Accumulated other comprehensive loss (17,425) (90,076)
Total Live Nation stockholders' equity (460,846) (367,569)
Noncontrolling interests 539,992 461,366
Total equity 79,146 93,797
Total liabilities and equity $ 18,869,591 $ 16,460,841