| Schedule of equity ownership and carrying amount |
| | | | | | | | | | September 30, 2026 | | December 31, 2025 | | | Percentage | | | Carrying | | Carrying | | | Ownership | | | amount | | amount | | | | | | amounts in thousands | Live Nation | | 30% | | $ | 669,775 | | 604,654 | Other | | various | | | 19,438 | | 19,624 | Total | | | | $ | 689,213 | | 624,278 |
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| Schedule of liberty's share of earnings (losses) of affiliates |
| | | | | | | | | | | | | Three months ended | | Nine months ended | | | | September 30, | | September 30, | | | | 2026 | | 2025 | | 2026 | | 2025 | | | | | amounts in thousands | | Live Nation | | $ | 128,561 | | 124,077 | | 88,311 | | 194,948 | | Other | | | 1,627 | | 1,079 | | 80 | | 3,104 | | Total | | $ | 130,188 | | 125,156 | | 88,391 | | 198,052 | |
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| Schedule of excess basis allocation for equity method accounting |
| | | | | | | | September 30, | | December 31, | | | 2026 | | 2025 | | | | amounts in thousands | Amortizable assets | | $ | 129,711 | | 149,542 | Nonamortizable assets | | | 446,479 | | 420,281 | Deferred taxes and other liabilities | | | (42,810) | | (46,422) | | | $ | 533,380 | | 523,401 |
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| Summarized financial information |
Consolidated Balance Sheets | | | | | | | | September 30, | | December 31, | | | 2026 | | 2025 | | | | amounts in millions | Current assets | | $ | 14,257 | | 10,974 | Property, plant and equipment, net | | | 4,313 | | 3,416 | Intangible assets | | | 1,671 | | 1,447 | Goodwill | | | 3,315 | | 2,889 | Other assets | | | 4,340 | | 4,187 | Total assets | | $ | 27,896 | | 22,913 | | | | | | | Current liabilities | | $ | 14,984 | | 11,029 | Long-term debt, net | | | 7,890 | | 7,612 | Other liabilities | | | 2,688 | | 2,454 | Redeemable noncontrolling interests | | | 1,147 | | 924 | Equity | | | 1,187 | | 894 | Total liabilities and equity | | $ | 27,896 | | 22,913 |
Consolidated Statements of Operations | | | | | | | | | | | | | Three months ended | | Nine months ended | | | | September 30, | | September 30, | | | | 2026 | | 2025 | | 2026 | | 2025 | | | | | amounts in millions | | Revenue | | $ | 10,105 | | 8,499 | | 21,565 | | 18,888 | | Operating expenses: | | | | | | | | | | | Direct operating expenses | | | (7,747) | | (6,438) | | (15,950) | | (13,903) | | Selling, general and administrative expenses | | | (1,161) | | (1,008) | | (3,258) | | (2,790) | | Depreciation and amortization | | | (183) | | (166) | | (541) | | (474) | | Other operating expenses | | | (122) | | (95) | | (773) | | (327) | | Operating income (loss) | | | 892 | | 792 | | 1,043 | | 1,394 | | Interest expense | | | (102) | | (80) | | (290) | | (233) | | Interest income | | | 40 | | 37 | | 123 | | 109 | | Other income (expense), net | | | (4) | | (19) | | 56 | | (54) | | Earnings (loss) before income taxes | | | 826 | | 730 | | 932 | | 1,216 | | Income tax (expense) benefit | | | (259) | | (252) | | (342) | | (389) | | Net earnings (loss) | | | 567 | | 478 | | 590 | | 827 | | Less net earnings (loss) attributable to noncontrolling interests | | | 119 | | 47 | | 237 | | 129 | | Net earnings (loss) attributable to Live Nation stockholders | | $ | 448 | | 431 | | 353 | | 698 | |
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