| Schedule Of Equity Ownership And Carrying Amount |
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¶Ù±ð³¦±ð³¾²ú±ð°ùÌý31,Ìý2021 |
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¶Ù±ð³¦±ð³¾²ú±ð°ùÌý31,Ìý2020 |
Ìý |
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ÌýÌýÌýÌý |
Percentage |
ÌýÌýÌýÌý |
Fair Value |
ÌýÌýÌýÌý |
Carrying |
ÌýÌýÌýÌý |
Carrying |
Ìý |
​ |
​ |
ownership |
​ |
(Level 1) |
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amount |
​ |
amount |
Ìý |
|
​ |
​ |
dollarÌýamountsÌýinÌýmillions |
Ìý |
Â鶹×îгöÆ· SiriusXM Group |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Live Nation |
​ |
31% |
​ |
$ |
8,336 |
Ìý |
$ |
89 |
​ |
163 |
​ |
Sirius XM Canada |
​ |
70% |
​ |
​ |
NA |
Ìý |
​ |
642 |
Ìý |
643 |
​ |
Other |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
74 |
​ |
80 |
​ |
Total Â鶹×îгöÆ· SiriusXM Group |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
805 |
​ |
886 |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Braves Group |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Other |
​ |
NA |
​ |
​ |
NA |
​ |
​ |
110 |
​ |
94 |
​ |
Total Braves Group |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
110 |
​ |
94 |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Formula One Group |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Other |
Ìý |
various |
​ |
Ìý |
NA |
Ìý |
​ |
30 |
Ìý |
38 |
​ |
Total Formula One Group |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
30 |
Ìý |
38 |
​ |
Consolidated Â鶹×îгöÆ· |
​ |
​ |
​ |
​ |
​ |
​ |
$ |
945 |
​ |
1,018 |
​ |
​
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| Summarized financial information |
Consolidated Balance Sheets
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​ |
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December 31, |
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December 31, |
​ |
​ |
ÌýÌýÌýÌý |
2021 |
ÌýÌýÌýÌý |
2020 |
ÌýÌýÌýÌý |
|
​ |
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amounts in millions |
​ |
Current assets |
​ |
$ |
6,684 |
Ìý |
3,650 |
Ìý |
Property, plant and equipment, net |
​ |
Ìý |
1,092 |
Ìý |
1,101 |
Ìý |
Intangible assets |
​ |
​ |
1,395 |
​ |
1,225 |
​ |
Goodwill |
​ |
Ìý |
2,591 |
Ìý |
2,129 |
Ìý |
Other assets |
​ |
​ |
2,640 |
​ |
2,484 |
​ |
Total assets |
​ |
$ |
14,402 |
Ìý |
10,589 |
Ìý |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
Current liabilities |
​ |
$ |
6,856 |
​ |
3,797 |
​ |
Long-term debt, net |
​ |
​ |
5,145 |
​ |
4,855 |
​ |
Other liabilities |
​ |
​ |
2,037 |
​ |
1,799 |
​ |
Redeemable noncontrolling interests |
​ |
​ |
552 |
​ |
272 |
​ |
Equity |
​ |
​ |
(188) |
​ |
(134) |
​ |
Total liabilities and equity |
​ |
$ |
14,402 |
​ |
10,589 |
​ |
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Consolidated Statements of Operations
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​ |
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YearsÌýendedÌýDecemberÌý31, |
​ |
​ |
​ |
2021 |
ÌýÌýÌýÌý |
2020 |
ÌýÌýÌýÌý |
2019 |
​ |
|
​ |
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amounts in millions |
​ |
Revenue |
​ |
$ |
6,268 |
Ìý |
1,861 |
Ìý |
11,548 |
​ |
Operating expenses: |
​ |
Ìý |
​ |
​ |
​ |
​ |
​ |
​ |
Direct operating expenses |
​ |
​ |
4,356 |
​ |
1,402 |
​ |
8,467 |
​ |
Selling, general and administrative expenses |
​ |
Ìý |
1,755 |
Ìý |
1,524 |
Ìý |
2,145 |
​ |
Depreciation and amortization |
​ |
​ |
416 |
​ |
485 |
​ |
444 |
​ |
Other operating expenses |
​ |
​ |
159 |
​ |
103 |
​ |
167 |
​ |
​ |
​ |
​ |
6,686 |
Ìý |
3,514 |
Ìý |
11,223 |
​ |
Operating income (loss) |
​ |
​ |
(418) |
​ |
(1,653) |
​ |
325 |
​ |
Interest expense |
​ |
​ |
(282) |
​ |
(227) |
​ |
(158) |
​ |
Other income (expense), net |
​ |
​ |
89 |
​ |
23 |
​ |
18 |
​ |
Earnings (loss) before income taxes |
​ |
​ |
(611) |
​ |
(1,857) |
​ |
185 |
​ |
Income tax (expense) benefit |
​ |
​ |
2 |
​ |
29 |
​ |
(67) |
​ |
Net earnings (loss) |
​ |
​ |
(609) |
​ |
(1,828) |
​ |
118 |
​ |
Less net earnings (loss) attributable to noncontrolling interests |
​ |
​ |
42 |
​ |
(103) |
​ |
48 |
​ |
Net earnings (loss) attributable to Live Nation stockholders |
​ |
$ |
(651) |
​ |
(1,725) |
​ |
70 |
​ |
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