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Quarterly report [Sections 13 or 15(d)]

Assets and Liabilities Measured at Fair Value - Realized and Unrealized Gains (Losses) on Financial Instruments (Details)

v3.25.3
Assets and Liabilities Measured at Fair Value - Realized and Unrealized Gains (Losses) on Financial Instruments (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Assets and Liabilities Measured at Fair Value Ìý Ìý Ìý Ìý
Realized and unrealized gains (losses) on financial instruments, net $ (160) $ (55) $ (224) $ 11
Debt measured at fair value Ìý Ìý Ìý Ìý
Assets and Liabilities Measured at Fair Value Ìý Ìý Ìý Ìý
Realized and unrealized gains (losses) on financial instruments, net (110) (106) (363) (109)
Gain (loss) on changes in fair value 14 (56) 6 (64)
Cumulative amount of gain (loss) in changes in fair value 57 Ìý 57 Ìý
Foreign currency forward contracts Ìý Ìý Ìý Ìý
Assets and Liabilities Measured at Fair Value Ìý Ìý Ìý Ìý
Realized and unrealized gains (losses) on financial instruments, net Ìý 85 335 93
Live Nation Forward Contracts Ìý Ìý Ìý Ìý
Assets and Liabilities Measured at Fair Value Ìý Ìý Ìý Ìý
Realized and unrealized gains (losses) on financial instruments, net (60) Ìý (150) Ìý
Interest rate swaps Ìý Ìý Ìý Ìý
Assets and Liabilities Measured at Fair Value Ìý Ìý Ìý Ìý
Realized and unrealized gains (losses) on financial instruments, net 4 (41) (49) 13
Other Ìý Ìý Ìý Ìý
Assets and Liabilities Measured at Fair Value Ìý Ìý Ìý Ìý
Realized and unrealized gains (losses) on financial instruments, net $ 6 $ 7 $ 3 $ 14