Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 7,128,873 $ 5,606,457
Accounts receivable, less allowance of $66,669 and $63,294, respectively 1,889,652 1,465,383
Prepaid expenses 1,628,578 949,826
Restricted cash 7,769 5,917
Other current assets 122,076 131,939
Total current assets 10,776,948 8,159,522
Property, plant and equipment, net 1,904,020 1,487,663
Operating lease assets 1,582,873 1,571,395
Intangible assets    
Definite-lived intangible assets, net 1,118,166 1,050,622
Indefinite-lived intangible assets, net 378,181 368,712
Goodwill 2,619,356 2,529,380
Long-term advances 654,938 568,558
Other long-term assets 890,608 724,989
Total assets 19,925,090 16,460,841
Current liabilities    
Accounts payable, client accounts 1,670,651 1,791,025
Accounts payable 293,865 180,076
Accrued expenses 2,778,581 2,368,434
Deferred revenue 5,025,871 3,134,800
Current portion of long-term debt, net 51,489 620,032
Current portion of operating lease liabilities 146,931 140,232
Other current liabilities 56,143 68,716
Total current liabilities 10,023,531 8,303,315
Long-term debt, net 6,554,697 5,283,467
Long-term operating lease liabilities 1,659,898 1,654,525
Other long-term liabilities 562,016 455,971
Commitments and contingent liabilities
Redeemable noncontrolling interests 753,519 669,766
Stockholders' equity    
Common stock 2,291 2,285
Additional paid-in capital 2,438,660 2,698,316
Accumulated deficit (2,680,716) (2,971,229)
Cost of shares held in treasury (6,865) (6,865)
Accumulated other comprehensive income (loss) 59,253 (90,076)
Total Live Nation stockholders' equity (187,377) (367,569)
Noncontrolling interests 558,806 461,366
Total equity 371,429 93,797
Total liabilities and equity $ 19,925,090 $ 16,460,841