2021 Q4 Form 10-K Financial Statement

#000133525822000019 Filed on February 23, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $2.703B $6.268B $237.4M
YoY Change 1038.66% 236.8% -91.78%
Cost Of Revenue $2.009B $4.095B $203.3M
YoY Change 888.19% 215.26% -90.71%
Gross Profit $694.2M $2.173B $34.10M
YoY Change 1935.72% 286.7% -95.14%
Gross Profit Margin 25.68% 34.67% 14.36%
Selling, General & Admin $716.4M $1.755B $302.3M
YoY Change 136.98% 15.12% -54.98%
% of Gross Profit 103.2% 80.75% 886.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $102.5M $222.8M $120.2M
YoY Change -14.71% -9.31% 4.52%
% of Gross Profit 14.77% 10.25% 352.49%
Operating Expenses $818.9M $1.755B $414.2M
YoY Change 97.71% 15.12% -46.84%
Operating Profit -$124.7M -$417.9M -$380.1M
YoY Change -67.19% -74.72% 358.39%
Interest Expense -$71.71M $282.4M -$60.80M
YoY Change 17.94% 24.52% 31.32%
% of Operating Profit
Other Income/Expense, Net $16.21M -$3.692M $5.600M
YoY Change 189.48% -119.63% -1220.0%
Pretax Income -$180.0M -$611.3M -$443.3M
YoY Change -59.38% -67.08% 241.79%
Income Tax -$17.58M -$2.481M $20.50M
% Of Pretax Income
Net Earnings -$194.9M -$650.9M -$443.3M
YoY Change -56.03% -62.26% 177.15%
Net Earnings / Revenue -7.21% -10.38% -186.73%
Basic Earnings Per Share -$3.09
Diluted Earnings Per Share -$879.6K -$2.997M -$2.074M
COMMON SHARES
Basic Shares Outstanding 224.7M shares 217.2M shares 217.1M shares
Diluted Shares Outstanding 217.2M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.885B $4.885B $2.538B
YoY Change 92.46% 92.46% 2.75%
Cash & Equivalents $4.885B $4.885B $2.538B
Short-Term Investments
Other Short-Term Assets $74.83M $679.8M $39.47M
YoY Change 89.62% 15.41% -30.77%
Inventory $33.83M $33.83M $22.00M
Prepaid Expenses $654.9M $577.1M
Receivables $1.067B $1.086B $486.7M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $6.684B $6.684B $3.650B
YoY Change 83.14% 83.13% -12.95%
LONG-TERM ASSETS
Property, Plant & Equipment $1.092B $2.631B $1.101B
YoY Change -0.86% 4.15% -1.48%
Goodwill $2.591B $2.129B
YoY Change 21.68% 6.54%
Intangibles
YoY Change
Long-Term Investments $293.6M
YoY Change 72.73%
Other Assets $548.5M $738.1M $391.3M
YoY Change 40.17% -7.85% -9.32%
Total Long-Term Assets $7.718B $7.718B $6.940B
YoY Change 11.22% 11.23% 2.31%
TOTAL ASSETS
Total Short-Term Assets $6.684B $6.684B $3.650B
Total Long-Term Assets $7.718B $7.718B $6.940B
Total Assets $14.40B $14.40B $10.59B
YoY Change 36.01% 36.01% -3.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $110.6M $1.643B $86.36M
YoY Change 28.1% 97.95% -13.85%
Accrued Expenses $1.646B $1.770B $894.1M
YoY Change 84.08% 76.79% -35.74%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $585.3M $585.3M $53.00M
YoY Change 1004.25% 1004.25% 39.47%
Total Short-Term Liabilities $6.856B $6.856B $3.797B
YoY Change 80.58% 80.56% -7.57%
LONG-TERM LIABILITIES
Long-Term Debt $5.145B $5.145B $4.855B
YoY Change 5.98% 5.98% 48.43%
Other Long-Term Liabilities $431.6M $1.801B $353.3M
YoY Change 22.17% 10.63% 170.4%
Total Long-Term Liabilities $431.6M $6.947B $353.3M
YoY Change 22.17% 7.15% 170.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.856B $6.856B $3.797B
Total Long-Term Liabilities $431.6M $6.947B $353.3M
Total Liabilities $7.287B $14.98B $4.150B
YoY Change 75.6% 35.48% -2.09%
SHAREHOLDERS EQUITY
Retained Earnings -$3.328B -$2.677B
YoY Change 24.32% 181.97%
Common Stock $2.220M $2.145M
YoY Change 3.5% 1.51%
Preferred Stock
YoY Change
Treasury Stock (at cost) $6.865M $6.865M
YoY Change 0.0% 0.0%
Treasury Stock Shares 408.0K shares
Shareholders Equity -$582.7M -$582.7M -$471.8M
YoY Change
Total Liabilities & Shareholders Equity $14.40B $14.40B $10.59B
YoY Change 36.01% 36.01% -3.52%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income -$194.9M -$650.9M -$443.3M
YoY Change -56.03% -62.26% 177.15%
Depreciation, Depletion And Amortization $102.5M $222.8M $120.2M
YoY Change -14.71% -9.31% 4.52%
Cash From Operating Activities $755.9M $1.781B -$126.5M
YoY Change -697.53% -264.35% -128.95%
INVESTING ACTIVITIES
Capital Expenditures -$55.92M $152.7M -$31.70M
YoY Change 76.4% -28.54% -72.91%
Acquisitions $384.3M
YoY Change 835.3%
Other Investing Activities -$399.3M -$2.344M $32.10M
YoY Change -1343.87% -70.19% -118.82%
Cash From Investing Activities -$455.2M -$567.0M $400.0K
YoY Change -113900.75% 153.04% -100.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $109.7M
YoY Change 254.04%
Cash From Financing Activities -50.99M $1.171B -11.50M
YoY Change 343.38% -13.24% -102.45%
NET CHANGE
Cash From Operating Activities 755.9M $1.781B -126.5M
Cash From Investing Activities -455.2M -$567.0M 400.0K
Cash From Financing Activities -50.99M $1.171B -11.50M
Net Change In Cash 249.7M $2.341B -137.6M
YoY Change -281.45% 3143.01% -122.27%
FREE CASH FLOW
Cash From Operating Activities $755.9M $1.781B -$126.5M
Capital Expenditures -$55.92M $152.7M -$31.70M
Free Cash Flow $811.8M $1.628B -$94.80M
YoY Change -956.32% -225.49% -117.12%

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CY2020Q4 lyv Client Collected Cash And Cash Equivalents At Carrying Value
ClientCollectedCashAndCashEquivalentsAtCarryingValue
673500000 USD
CY2020 us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
11800000 USD
CY2021 us-gaap Insurance Recoveries
InsuranceRecoveries
97200000 USD
CY2020 us-gaap Insurance Recoveries
InsuranceRecoveries
125700000 USD
CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
20600000 USD
CY2020 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
9000000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
3200000 USD
CY2021 us-gaap Use Of Estimates
UseOfEstimates
Use of Estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates, judgments, and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes including, but not limited to, legal, tax and insurance accruals, acquisition accounting and impairments. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Actual results could differ from those estimates.
CY2021 lyv Increase In Overall Revenue From Prior Year
IncreaseInOverallRevenueFromPriorYear
4400000000 USD
CY2021 us-gaap Revenues
Revenues
6300000000 USD
CY2021Q4 lyv Deferred Revenue For Tickets Sold To Show Occurring After One Year
DeferredRevenueForTicketsSoldToShowOccurringAfterOneYear
73200000 USD
CY2021Q4 lyv Ocesa Capital Stock Acquisition
OCESACapitalStockAcquisition
0.51
CY2021Q4 lyv Ocesa Capital Stock Acquisition
OCESACapitalStockAcquisition
0.51
CY2021Q4 us-gaap Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount
0 USD
CY2021Q4 lyv Land Buildings And Improvements
LandBuildingsAndImprovements
1324278000 USD
CY2020Q4 lyv Land Buildings And Improvements
LandBuildingsAndImprovements
1239696000 USD
CY2021Q4 lyv Computer Equipment And Capitalized Software
ComputerEquipmentAndCapitalizedSoftware
910581000 USD
CY2020Q4 lyv Computer Equipment And Capitalized Software
ComputerEquipmentAndCapitalizedSoftware
887637000 USD
CY2021Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
411403000 USD
CY2020Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
424363000 USD
CY2021Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
173865000 USD
CY2020Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
151830000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2820127000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2703526000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1728198000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1602112000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1091929000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1101414000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1643125000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
772984000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
870141000 USD
CY2020 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
227294000 USD
CY2020 us-gaap Finite Lived Intangible Assets Purchase Accounting Adjustments
FiniteLivedIntangibleAssetsPurchaseAccountingAdjustments
-7204000 USD
CY2020 us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
16995000 USD
CY2020 lyv Finite Lived Intangible Asset Gross Other
FiniteLivedIntangibleAssetGrossOther
-417476000 USD
CY2020 lyv Definite Lived Intangible Assets Total Gross Carrying Amount
DefiniteLivedIntangibleAssetsTotalGrossCarryingAmount
-180391000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
239312000 USD
CY2020 lyv Finite Lived Intangible Assets Accumulated Amortization Foreign Currency Adjustments
FiniteLivedIntangibleAssetsAccumulatedAmortizationForeignCurrencyAdjustments
-12719000 USD
CY2020 lyv Finite Lived Intangible Assets Accumulated Amortization Other Adjustments
FiniteLivedIntangibleAssetsAccumulatedAmortizationOtherAdjustments
417881000 USD
CY2020 lyv Definite Lived Intangible Assets Total Accumulated Amortization
DefiniteLivedIntangibleAssetsTotalAccumulatedAmortization
-165850000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1462734000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
607134000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
855600000 USD
CY2021 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
372021000 USD
CY2021 us-gaap Finite Lived Intangible Assets Purchase Accounting Adjustments
FiniteLivedIntangibleAssetsPurchaseAccountingAdjustments
5558000 USD
CY2021 lyv Finitelived Intangible Assets Disposed Of
FinitelivedIntangibleAssetsDisposedOf
1932000 USD
CY2021 us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
-23023000 USD
CY2021 lyv Finite Lived Intangible Asset Gross Other
FiniteLivedIntangibleAssetGrossOther
-183700000 USD
CY2021 lyv Definite Lived Intangible Assets Total Gross Carrying Amount
DefiniteLivedIntangibleAssetsTotalGrossCarryingAmount
168924000 USD
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
193437000 USD
CY2021 lyv Finite Lived Intangible Assets Accumulated Amortization Dispositions
FiniteLivedIntangibleAssetsAccumulatedAmortizationDispositions
751000 USD
CY2021 lyv Finite Lived Intangible Assets Accumulated Amortization Foreign Currency Adjustments
FiniteLivedIntangibleAssetsAccumulatedAmortizationForeignCurrencyAdjustments
9905000 USD
CY2021 lyv Finite Lived Intangible Assets Accumulated Amortization Other Adjustments
FiniteLivedIntangibleAssetsAccumulatedAmortizationOtherAdjustments
184595000 USD
CY2021 lyv Definite Lived Intangible Assets Total Accumulated Amortization
DefiniteLivedIntangibleAssetsTotalAccumulatedAmortization
-1814000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1631658000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
605320000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1026338000 USD
CY2021 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P10Y
CY2020 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P8Y
CY2020 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
23600000 USD
CY2019 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
26800000 USD
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
193400000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
239300000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
223500000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
194045000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
168195000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
148994000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
120926000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
102083000 USD
CY2021 us-gaap Number Of Reporting Units
NumberOfReportingUnits
6 reporting_unit
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2019Q4 us-gaap Goodwill Gross
GoodwillGross
2433861000 USD
CY2019Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
435363000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
1998498000 USD
CY2020 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
89435000 USD
CY2020 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
16198000 USD
CY2020 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
25072000 USD
CY2020Q4 us-gaap Goodwill Gross
GoodwillGross
2564566000 USD
CY2020Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
435363000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
2129203000 USD
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
490406000 USD
CY2021 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-4745000 USD
CY2021 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
150000 USD
CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-23845000 USD
CY2021Q4 us-gaap Goodwill Gross
GoodwillGross
3026232000 USD
CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
435363000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
2590869000 USD
CY2021 us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
-110200000 USD
CY2021 us-gaap Gain Loss On Investments
GainLossOnInvestments
83600000 USD
CY2021 us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
25000000 USD
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
241012000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
241819000 USD
CY2021 lyv Variable And Short Term Lease Cost
VariableAndShortTermLeaseCost
92863000 USD
CY2020 lyv Variable And Short Term Lease Cost
VariableAndShortTermLeaseCost
35202000 USD
CY2021 us-gaap Sublease Income
SubleaseIncome
6014000 USD
CY2020 us-gaap Sublease Income
SubleaseIncome
13270000 USD
CY2021 us-gaap Lease Cost
LeaseCost
327861000 USD
CY2020 us-gaap Lease Cost
LeaseCost
263751000 USD
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
189205000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
203419000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
251401000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
129174000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
219965000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
237184000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
219726000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
204392000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
193157000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1498876000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2573300000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
843521000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1729779000 USD
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P13Y2M12D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P13Y10M24D
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0610
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0631
CY2021Q4 lyv Lessee Operating Leases Not Yet Commenced Value
LesseeOperatingLeasesNotYetCommencedValue
181900000 USD
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
5830275000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
5038351000 USD
CY2021Q4 lyv Debt Instrument Unamortized Discountsand Debt Issuance Costs
DebtInstrumentUnamortizedDiscountsandDebtIssuanceCosts
99537000 USD
CY2020Q4 lyv Debt Instrument Unamortized Discountsand Debt Issuance Costs
DebtInstrumentUnamortizedDiscountsandDebtIssuanceCosts
129840000 USD
CY2021Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
5730738000 USD
CY2020Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
4908511000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
585254000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
53415000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
5145484000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
4855096000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
602325000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
65272000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1351867000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
36388000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1120579000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
2653844000 USD
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
5830275000 USD
CY2019Q4 lyv Cash Available For General Corporate Purposes
CashAvailableForGeneralCorporatePurposes
527500000 USD
CY2019Q4 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-4500000 USD
CY2021Q4 us-gaap Derivative Fixed Interest Rate
DerivativeFixedInterestRate
0.03397
CY2021Q4 lyv Put Option Trigger Certain Occur
PutOptionTriggerCertainOccur
1
CY2020 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
23630000 USD
CY2020 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
23600000 USD
CY2019 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
26800000 USD
CY2021Q4 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
1672720000 USD
CY2021Q4 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
2200000 USD
CY2021Q4 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
410929000 USD
CY2021Q4 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
935000 USD
CY2021Q4 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
195082000 USD
CY2021Q4 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
934000 USD
CY2021Q4 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
117467000 USD
CY2021Q4 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
962000 USD
CY2021Q4 us-gaap Contractual Obligation Due In Fifth Year
ContractualObligationDueInFifthYear
101749000 USD
CY2021Q4 us-gaap Purchase Obligation Due In Fifth Year
PurchaseObligationDueInFifthYear
6652000 USD
CY2021Q4 us-gaap Contractual Obligation Due After Fifth Year
ContractualObligationDueAfterFifthYear
209815000 USD
CY2021Q4 us-gaap Purchase Obligation Due After Fifth Year
PurchaseObligationDueAfterFifthYear
19752000 USD
CY2021Q4 us-gaap Contractual Obligation
ContractualObligation
2707762000 USD
CY2021Q4 us-gaap Purchase Obligation
PurchaseObligation
31435000 USD
CY2021 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
10736000 USD
CY2020 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
482000 USD
CY2019 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
131909000 USD
CY2021 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
1580000 USD
CY2020 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
1009000 USD
CY2019 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
1711000 USD
CY2021 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
3000000 USD
CY2020 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
0 USD
CY2019 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
3000000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
8713000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
7978000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
61834000 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-1555000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1024000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
5523000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
7158000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
9002000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
67357000 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
7451000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-16366000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
5314000 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-17434000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-20772000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-6345000 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
344000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-739000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
566000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-9639000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-37877000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-465000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2481000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-28875000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
66892000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-401400000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-1500000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
36100000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-209900000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-374500000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
149000000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
209758000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
206701000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
265092000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
170517000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
3424000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
17786000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
5829000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
31835000 USD
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
484103000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
426839000 USD
CY2021Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
48738000 USD
CY2020Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
38846000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
105118000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
40843000 USD
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
957509000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
955160000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
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CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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1809000 USD
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CY2019 us-gaap Income Tax Expense Benefit
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CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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352000 USD
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CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Foreign Currency Translation
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CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Foreign Currency Translation
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CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
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205000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
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CY2021Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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100000 USD
CY2021 lyv Unrecognized Tax Benefits That Would Not Impact Effective Tax Rate
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21200000 USD
CY2021Q4 us-gaap Shares Issued
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CY2020Q4 us-gaap Shares Issued
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CY2021Q4 us-gaap Common Stock Shares Issued
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CY2021Q4 lyv Ocesa Capital Stock Acquisition
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CY2020 us-gaap Stock Issued During Period Shares Share Based Compensation Gross
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CY2019 us-gaap Stock Issued During Period Shares Share Based Compensation Gross
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CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
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CY2019 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Purchase Of Interest By Parent
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CY2020 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Sale Of Interest By Parent
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CY2019 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Sale Of Interest By Parent
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0 USD
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CY2020 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
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CY2019 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
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CY2020 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
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CY2019 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
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46011000 USD
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CY2019 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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P1Y10M24D
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0.0009
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
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0.0119
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
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0.0189
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
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CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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0.000
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0.3237
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
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0.5183
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
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CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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P2Y6M3D
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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106400000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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87900000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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39600000 USD
CY2021 us-gaap Proceeds From Stock Options Exercised
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30600000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
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14100000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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782200000 USD
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
69200000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
91600000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
22600000 USD
CY2021Q4 us-gaap Inventory Net
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CY2020Q4 us-gaap Inventory Net
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22000000 USD
CY2021Q4 us-gaap Notes And Loans Receivable Net Current
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21802000 USD
CY2020Q4 us-gaap Other Assets Miscellaneous Current
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2909000 USD
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
74834000 USD
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
39465000 USD
CY2021Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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293645000 USD
CY2020Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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CY2021Q4 us-gaap Notes And Loans Receivable Net Noncurrent
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CY2021 dei Auditor Firm
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