Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

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CONSOLIDATED BALANCE SHEETS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets    
Cash and cash equivalents $ 1,358,300 $ 1,299,184
Accounts receivable, less allowance of $17,385 and $19,850, respectively 607,150 439,151
Prepaid expenses 484,603 378,342
Other current assets 47,882 43,427
Total current assets 2,497,935 2,160,104
Property, plant and equipment    
Land, buildings and improvements 811,059 816,931
Computer equipment and capitalized software 430,443 421,846
Furniture and other equipment 208,679 210,866
Construction in progress 80,210 52,883
Property, plant and equipment, gross 1,530,391 1,502,526
Less accumulated depreciation 834,450 795,726
Property, plant and equipment, net 695,941 706,800
Intangible assets    
Definite-lived intangible assets, net 619,671 676,564
Indefinite-lived intangible assets 369,640 376,736
Goodwill 1,484,677 1,466,983
Other long-term assets 379,867 296,334
Total assets 6,047,731 5,683,521
Current liabilities    
Accounts payable, client accounts 646,814 656,253
Accounts payable 96,104 111,320
Accrued expenses 763,800 668,799
Deferred revenue 399,534 486,433
Current portion of long-term debt 47,947 278,403
Other current liabilities 37,734 54,310
Total current liabilities 1,991,933 2,255,518
Long-term debt, net 2,027,209 1,530,484
Long-term deferred income taxes 165,224 161,637
Other long-term liabilities 107,684 85,035
Commitments and contingent liabilities      
Redeemable noncontrolling interests 74,436 61,041
Stockholders’ equity    
Common stock 1,998 1,978
Additional paid-in capital 2,403,316 2,368,281
Accumulated deficit (856,147) (951,796)
Cost of shares held in treasury (6,865) (6,865)
Accumulated other comprehensive income (loss) (37,577) (2,370)
Total Live Nation Entertainment, Inc. stockholders’ equity 1,504,725 1,409,228
Noncontrolling interests 176,520 180,578
Total equity 1,681,245 1,589,806
Total liabilities and equity $ 6,047,731 $ 5,683,521