CLEAR CHANNEL OUTDOOR HOLDINGS, INC. CCO Balance Sheet

Clear channel outdoor holdings, inc. (CCO)

Balance Sheet / Yearly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
CURRENT ASSETS
Cash and cash equivalents
371	398	341	372	170	182	191	172	153	144	222	163	200	531	394	439	489	412	172	129	207	186	203	225	270	314	418	398	547	561	534	491	534	542	631	616	624
Accounts receivable
523	733	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Allowance for credit losses
17	23	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable, net
506	709	662	656	636	706	654	638	635	659	632	633	560	593	627	646	625	697	692	711	628	697	687	741	660	710	703	695	666	754	690	690	653	702	699	761	729
Prepaid expenses
60	60	62	66	60	95	125	132	151	111	131	127	152	111	136	134	148	127	148	143	154	134	139	142	157	145	141	144	159	151	-	-	-	132	-	-	100
Intercompany receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-
Assets held for sale
-	-	-	-	-	-	-	-	-	-	0	0	0	55	55	55	55	295	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current assets
31	32	28	33	31	31	32	61	62	58	62	39	50	39	68	62	40	34	88	70	81	46	67	74	75	68	62	69	60	41	221	218	233	76	220	225	96
Assets held for sale
678	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Assets
1,649	1,201	1,094	1,128	898	1,015	1,003	1,004	1,003	974	1,049	964	964	1,330	1,282	1,338	1,358	1,567	1,102	1,055	1,071	1,064	1,099	1,185	1,163	1,238	1,326	1,308	1,434	1,509	1,446	1,400	1,421	1,453	1,552	1,604	1,550
PROPERTY, PLANT AND EQUIPMENT
Structures, net
726	953	932	970	1,014	1,053	1,038	1,084	1,151	1,180	1,152	1,177	1,181	1,196	1,254	1,289	1,350	1,391	1,491	1,542	1,567	1,614	1,643	1,710	1,729	1,765	1,778	1,803	1,850	1,890	1,887	1,920	1,944	1,950	1,931	1,980	2,007
Other property, plant and equipment, net
221	257	251	246	229	235	217	204	213	214	228	232	216	216	238	233	227	236	264	267	263	291	290	297	306	315	293	294	294	317	309	293	300	296	279	303	290
INTANGIBLE ASSETS AND GOODWILL
INTANGIBLE ASSETS AND GOODWILL
Indefinite-lived permits
843	965	965	971	971	971	971	977	977	977	977	986	986	960	961	961	961	971	1,043	1,065	1,065	1,066	1,067	1,067	1,067	1,067	1,070	1,069	1,070	1,070	1,106	1,106	1,107	1,105	1,113	1,113	1,114
Other intangible assets, net
308	326	-	-	-	252	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finite-Lived Intangible Assets, Gross
-	-	-	1,750	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other intangible assets, net
-	-	323	327	249	-	257	262	269	273	282	292	297	299	311	321	333	342	370	382	393	412	434	456	471	487	500	514	534	557	573	590	606	618	635	673	705
Goodwill
698	704	697	705	702	706	708	708	718	714	713	710	699	696	738	744	749	758	801	807	800	817	831	850	852	850	860	850	855	862	856	853	866	857	859	884	862
OTHER ASSETS
Operating lease right-of-use assets
1,617	1,885	1,886	1,979	2,004	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intercompany notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-
Due from iHeartCommunications, net of allowance
-	-	0	0	154	154	154	154	154	212	1,051	928	915	885	769	689	640	930	913	936	886	947	875	950	907	879	944	850	727	729	723	712	702	656	541	483	383
Other assets
58	98	114	99	99	132	127	124	126	124	126	124	124	122	118	120	116	107	145	129	131	133	141	151	154	154	155	159	163	169	170	178	183	150	156	162	162
Total Assets
6,124	6,393	6,267	6,427	6,325	4,522	4,479	4,521	4,615	4,670	5,580	5,416	5,386	5,708	5,675	5,698	5,739	6,306	6,133	6,188	6,179	6,346	6,383	6,669	6,653	6,759	6,928	6,851	6,932	7,105	7,074	7,055	7,132	7,088	7,071	7,205	7,076
CURRENT LIABILITIES
Accounts payable
129	94	103	109	105	113	99	105	120	87	88	74	70	86	71	85	83	100	74	69	74	75	74	69	101	85	73	70	77	95	580	561	587	95	589	603	100
Accrued expenses
328	503	478	462	471	528	533	492	504	509	532	450	433	480	485	438	458	507	481	464	454	543	521	534	531	563	520	489	491	538	-	-	-	511	-	-	523
Current operating lease liabilities
319	387	363	394	366	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
99	84	111	95	103	85	85	100	108	59	90	101	113	67	100	127	119	91	110	132	129	94	122	151	151	107	128	117	121	107	108	146	142	89	127	153	100
Accrued interest
31	89	29	56	-	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	217	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intercompany payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-
Other current liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	45	0	61	60	-	-	-	0	-	-	-
Long-term Debt, Current Maturities
20	20	20	0	0	0	0	0	0	0	0	9	6	6	9	4	4	4	2	2	2	3	3	15	15	15	6	4	6	9	19	23	23	23	47	58	41
Liabilities held for sale
384	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Liabilities
1,312	1,180	1,105	1,119	1,046	729	718	698	733	657	711	636	624	641	666	655	666	920	669	669	660	717	722	771	800	773	774	681	758	811	708	730	753	720	764	815	765
NON-CURRENT LIABILITIES
Long-term Debt, Excluding Current Maturities
5,210	5,063	5,066	5,296	5,293	5,277	5,274	5,272	5,270	5,266	5,264	5,109	5,112	5,110	5,108	5,110	5,108	5,106	4,927	4,927	4,928	4,930	4,929	4,919	4,919	4,919	4,933	4,933	4,934	4,935	4,718	4,719	4,721	2,522	2,501	2,500	2,522
Mandatorily-redeemable preferred stock
46	44	44	44	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mandatorily redeemable preferred stock
-	-	-	44	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0
Non-current operating lease liabilities
1,316	1,559	1,572	1,620	1,668	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax liability
434	416	408	388	323	335	360	365	336	321	601	610	622	642	638	651	660	608	599	618	616	604	627	629	633	656	633	643	650	673	793	799	807	822	811	814	828
Due to iHeartCommunications
-	-	0	0	73	21	1	3	3	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term liabilities
167	183	169	174	176	260	264	259	264	283	286	276	261	261	257	246	244	240	235	236	229	234	237	245	240	250	251	253	246	239	288	284	290	281	277	276	251
Total Liabilities
8,487	8,447	8,367	8,642	-	6,623	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intercompany notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-
Commitments and Contingencies (Note 6)
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0
STOCKHOLDERS’ DEFICIT
Noncontrolling interest
138	152	145	145	155	160	153	151	158	157	152	151	145	144	183	189	191	187	182	182	204	203	202	198	195	202	206	242	244	247	241	235	229	231	224	219	209
Common stock, par value $0.01 per share: 2,350,000,000 shares authorized; 466,914,142 shares issued as of March 31, 2020; 466,744,939 shares issued as of December 31, 2019
4	4	4	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	3	-	3	3	3	3	3	3	3	3	-	-	-	3	-	-	-
Additional paid-in capital
3,493	3,489	3,473	3,139	3,088	3,086	3,084	3,081	3,079	3,108	3,131	3,153	3,152	3,432	3,429	3,426	3,423	3,961	4,176	4,174	4,170	4,167	4,164	4,337	4,334	4,332	4,527	4,524	4,522	4,522	4,521	4,517	4,515	6,684	6,682	6,680	6,677
Accumulated deficit
-5,634	-5,349	-5,376	-5,161	-5,150	-5,000	-5,026	-4,961	-4,892	-4,781	-4,221	-4,159	-4,154	-4,136	-4,228	-4,197	-4,128	-4,268	-4,227	-4,204	-4,206	-4,172	-4,215	-4,208	-4,259	-4,162	-4,175	-4,179	-4,188	-4,114	-3,966	-3,983	-3,975	-3,931	-3,953	-3,957	-3,974
Accumulated other comprehensive loss
-363	-349	-344	-339	-345	-344	-348	-347	-337	-340	-344	-360	-376	-386	-378	-385	-427	-451	-431	-417	-425	-341	-286	-226	-214	-213	-224	-251	-237	-212	-234	-249	-212	-246	-238	-146	-207
Treasury stock (506,250 shares held as of March 31, 2020; 504,650 shares held as of December 31, 2019)
2	2	2	2	6	6	6	6	5	5	5	5	4	4	3	3	3	2	2	2	2	1	1	1	1	1	0	0	0	0	0	0	0	0	0	0	-0
Total Stockholders' Deficit
-2,363	-2,054	-2,100	-2,214	-2,255	-2,101	-2,140	-2,078	-1,993	-1,858	-1,284	-1,216	-1,234	-947	-995	-966	-940	-569	-297	-263	-255	-140	-132	103	58	160	335	338	342	446	564	522	559	2,740	2,716	2,798	2,708
Total Liabilities and Stockholders' Deficit
6,124	6,393	6,267	6,427	6,325	4,522	4,479	4,521	4,615	4,670	5,580	5,416	5,386	5,708	5,675	5,698	5,739	6,306	6,133	6,188	6,179	6,346	6,383	6,669	6,653	6,759	6,928	6,851	6,932	7,105	7,074	7,055	7,132	7,088	7,071	7,205	7,076
Common Class A
Common stock
-	-	0	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Class B
Common stock
-	-	0	0	3	3	-	-	-	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-