Clear Channel Outdoor (CCO) 10-K 27 Feb 23 2022 FY Annual report Financial data

Cover Page

Cover Page - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Feb. 23, 2023	Jun. 30, 2022
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2022
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	001-32663
Entity Registrant Name	CLEAR CHANNEL OUTDOOR HOLDINGS, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	88-0318078
Entity Address, Address Line One	4830 North Loop 1604 West,
Entity Address, Address Line Two	Suite 111
Entity Address, City or Town	San Antonio,
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	78249
City Area Code	(210)
Local Phone Number	547-8800
Title of 12(b) Security	Common Stock, $0.01 par value per share
Trading Symbol	CCO
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 390.9
Entity Bankruptcy Proceedings, Reporting Current	true
Entity Common Stock, Shares Outstanding		477,438,803
Documents Incorporated by Reference	Portions of our Definitive Proxy Statement for the 2023 Annual Meeting of Stockholders, expected to be filed within 120 days of our fiscal year ended December 31, 2022, are incorporated by reference into Part III of this Form 10-K.
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Central Index Key	0001334978

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2022
Audit Information [Abstract]
Auditor Firm ID	42
Auditor Name	Ernst & Young LLP
Auditor Location	San Antonio, Texas

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
CURRENT ASSETS
Cash and cash equivalents	$ 286,781	$ 410,767
Accounts receivable, net	619,829	643,116
Prepaid expenses	55,371	54,180
Other current assets	27,395	26,458
Assets held for sale	131,540	0
Total Current Assets	1,120,916	1,134,521
PROPERTY, PLANT AND EQUIPMENT
Structures, net	556,312	622,738
Other property, plant and equipment, net	231,236	204,508
INTANGIBLE ASSETS AND GOODWILL
Goodwill	650,643	698,704
OTHER ASSETS
Operating lease right-of-use assets	1,479,634	1,567,468
Other assets	73,088	82,302
Total Assets	5,086,011	5,299,355
CURRENT LIABILITIES
Accounts payable	101,621	108,567
Accrued expenses	488,782	523,364
Current operating lease liabilities	254,217	316,692
Accrued interest	80,133	66,444
Deferred revenue	60,408	76,712
Current portion of long-term debt	25,218	21,165
Liabilities held for sale	111,161	0
Total Current Liabilities	1,121,540	1,112,944
NON-CURRENT LIABILITIES
Long-term debt	5,568,799	5,583,788
Non-current operating lease liabilities	1,277,854	1,310,917
Deferred tax liabilities, net	243,668	324,579
Other long-term liabilities	136,956	161,097
Total Liabilities	8,348,817	8,493,325
Commitments and Contingencies (Note $8)
STOCKHOLDERS’ DEFICIT
Noncontrolling interest	12,864	11,060
Common stock, par value $0.01 per share: 2,350,000,000 shares authorized (483,639,206 and 474,480,862 shares issued as of December 31, 2022 and 2021, respectively)	4,836	4,745
Additional paid-in capital	3,543,424	3,522,367
Accumulated deficit	(6,469,953)	(6,373,349)
Accumulated other comprehensive loss	(335,189)	(350,950)
Treasury stock (7,325,251 and 3,671,788 shares held as of December 31, 2022 and 2021, respectively)	(18,788)	(7,843)
Total Stockholders’ Deficit	(3,262,806)	(3,193,970)
Total Liabilities and Stockholders’ Deficit	5,086,011	5,299,355
Permits
INTANGIBLE ASSETS AND GOODWILL
Permits and other intangible assets, net	723,061	717,666
Other intangible assets, net
INTANGIBLE ASSETS AND GOODWILL
Permits and other intangible assets, net	$ 251,121	$ 271,448

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	2,350,000,000	2,350,000,000
Common stock, shares issued (in shares)	483,639,206	474,480,862
Treasury stock (in shares)	7,325,251	3,671,788

CONSOLIDATED STATEMENTS OF LOSS

CONSOLIDATED STATEMENTS OF LOSS - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
Revenue		$ 2,481,134	$ 2,241,118	$ 1,854,608
Operating expenses:
Direct operating expenses	[1]	1,327,979	1,270,258	1,201,208
Selling, general and administrative expenses	[1]	467,960	459,397	442,310
Corporate expenses	[1]	157,915	156,181	137,297
Depreciation and amortization		253,809	253,155	269,421
Impairment charges		39,546	118,950	150,400
Other operating expense (income), net		2,386	(627)	(53,614)
Operating income (loss)		231,539	(16,196)	(292,414)
Interest expense, net		(362,680)	(350,457)	(360,259)
Loss on extinguishment of debt		0	(102,757)	(5,389)
Other income (expense), net		(35,079)	1,762	(170)
Loss before income taxes		(166,220)	(467,648)	(658,232)
Income tax benefit		71,832	34,528	58,006
Consolidated net loss		(94,388)	(433,120)	(600,226)
Less amount attributable to noncontrolling interest		2,216	695	(17,487)
Net loss attributable to the Company		$ (96,604)	$ (433,815)	$ (582,739)
Net loss attributable to the Company per share of common stock - basic (in dollars per share)		$ (0.20)	$ (0.93)	$ (1.25)
Net loss attributable to the Company per share of common stock - diluted (in dollars per share)		$ (0.20)	$ (0.93)	$ (1.25)
[1]Excludes depreciation and amortization

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Statement of Comprehensive Income [Abstract]
Net income (loss) attributable to the Company	$ (96,604)	$ (433,815)	$ (582,739)
Other comprehensive income (loss):
Foreign currency translation adjustments	17,799	(18,031)	3,265
Reclassification adjustments	(5,193)	(11,292)	(5,817)
Other adjustments to comprehensive income (loss), net of tax	3,139	36,876	(15,538)
Other comprehensive income (loss)	15,745	7,553	(18,090)
Comprehensive loss	(80,859)	(426,262)	(600,829)
Less amount attributable to noncontrolling interest	(16)	(17)	(1,875)
Comprehensive loss attributable to the Company	$ (80,843)	$ (426,245)	$ (598,954)

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT - USD ($) $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	Non-controlling Interest	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Accumulated Deficit Cumulative Effect, Period of Adoption, Adjustment	Accumulated Other Comprehensive Loss	Treasury Stock	Common Shares Issued
Beginning balance (in shares) at Dec. 31, 2019										466,744,939
Beginning balance at Dec. 31, 2019	$ (2,054,706)	$ (7,181)	$ 152,814	$ 4,667	$ 3,489,593	$ (5,349,611)	$ (7,181)	$ (349,552)	$ (2,617)
Increase (Decrease) in Stockholders' Equity
Net (loss) income	(600,226)		(17,487)			(582,739)
Exercise of stock options and release of stock awards (in shares)										1,958,225
Release of stock awards and exercise of stock options	(423)			20	21				(464)
Share-based compensation	13,235		51		13,184
Payments to noncontrolling interests	(444)		(444)
Clear Media disposition	(114,772)		(122,204)		183			7,249
Other comprehensive income (loss)	(18,090)		(1,875)					(16,215)
Other	5				10	(3)		(2)
Ending balance (in shares) at Dec. 31, 2020										468,703,164
Ending balance at Dec. 31, 2020	(2,782,602)		10,855	4,687	3,502,991	(5,939,534)	$ (7,200)	(358,520)	(3,081)
Increase (Decrease) in Stockholders' Equity
Net (loss) income	(433,120)		695			(433,815)
Exercise of stock options and release of stock awards (in shares)										5,777,698
Release of stock awards and exercise of stock options	(4,726)			58	(22)				(4,762)
Share-based compensation	19,398		0		19,398
Payments to noncontrolling interests	(473)		(473)
Other comprehensive income (loss)	7,553		(17)					7,570
Ending balance (in shares) at Dec. 31, 2021										474,480,862
Ending balance at Dec. 31, 2021	(3,193,970)		11,060	4,745	3,522,367	(6,373,349)		(350,950)	(7,843)
Increase (Decrease) in Stockholders' Equity
Net (loss) income	(94,388)		2,216			(96,604)
Exercise of stock options and release of stock awards (in shares)										9,158,344
Release of stock awards and exercise of stock options	(10,945)			91	(91)				(10,945)
Share-based compensation	21,148		0		21,148
Payments to noncontrolling interests	(396)		(396)
Other comprehensive income (loss)	15,745		(16)					15,761
Ending balance (in shares) at Dec. 31, 2022										483,639,206
Ending balance at Dec. 31, 2022	$ (3,262,806)		$ 12,864	$ 4,836	$ 3,543,424	$ (6,469,953)		$ (335,189)	$ (18,788)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities:
Consolidated net income (loss)	$ (94,388)	$ (433,120)	$ (600,226)
Reconciling items:
Depreciation, amortization and impairment charges	293,355	372,105	419,821
Non-cash operating lease expense	334,827	361,672	347,593
Loss on extinguishment of debt	0	102,757	5,389
Deferred taxes	(81,840)	(31,582)	(80,336)
Share-based compensation	21,148	19,398	13,235
Amortization of deferred financing charges and note discounts	11,236	11,538	11,842
Credit loss expense (reversal)	6,479	(2,727)	19,390
Gain on disposal of operating and other assets, net	(12,035)	(1,722)	(65,401)
Foreign exchange transaction loss (gain)	39,141	3,981	(502)
Other reconciling items, net	(2,143)	1,389	(3,134)
Changes in operating assets and liabilities, net of effects of Clear Media disposition:
Decrease (increase) in accounts receivable	(20,532)	(177,069)	109,014
Decrease (increase) in prepaid expenses and other operating assets	(15,294)	(8,839)	4,116
Increase in accounts payable and accrued expenses	638	94,689	2,946
Decrease in operating lease liabilities	(349,204)	(389,335)	(334,017)
Increase (decrease) in accrued interest	14,005	(48,032)	28,236
Increase (decrease) in deferred revenue	(2,780)	1,162	4,956
Decrease in other operating liabilities	(2,621)	(9,760)	(20,730)
Net cash provided by (used for) operating activities	139,992	(133,495)	(137,808)
Cash flows from investing activities:
Capital expenditures	(184,679)	(148,006)	(124,162)
Asset acquisitions	(61,984)	(18,523)	(1,319)
Net proceeds from disposal of assets	27,082	13,208	218,874
Other investing activities, net	(2,115)	618	1,128
Net cash provided by (used for) investing activities	(221,696)	(152,703)	94,521
Cash flows from financing activities:
Draws on credit facilities	0	0	150,000
Payments on credit facilities	0	(130,000)	(20,000)
Proceeds from long-term debt	0	2,085,570	375,000
Payments on long-term debt	(21,377)	(2,011,042)	(74,971)
Debt issuance costs	0	(24,438)	(10,476)
Other financing activities, net	(396)	(565)	(810)
Taxes paid related to net share settlement of equity awards	(10,945)	(4,762)	(464)
Net cash provided by (used for) financing activities	(32,718)	(85,237)	418,279
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(6,867)	(3,655)	2,994
Net increase (decrease) in cash, cash equivalents and restricted cash	(121,289)	(375,090)	377,986
Cash, cash equivalents and restricted cash at beginning of year	419,971	795,061	417,075
Cash, cash equivalents and restricted cash at end of year	298,682	419,971	795,061
Supplemental Disclosures:
Cash paid for interest	341,444	387,582	323,804
Cash paid for income taxes, net of refunds	$ 4,956	$ 4,770	$ 35,234

DESCRIPTION OF BUSINESS

DESCRIPTION OF BUSINESS	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
DESCRIPTION OF BUSINESS	DESCRIPTION OF BUSINESS Description of Business Clear Channel Outdoor Holdings, Inc. (“CCOH”) is a publicly traded company that sells out-of-home advertising space on billboards, street furniture, airport advertising displays and other displays that it owns or operates in key markets worldwide. The Company’s shares of common stock trade on the New York Stock Exchange under the symbol “CCO.” All references in these financial statements to the “Company,” “we,” “us” and “our” refer to Clear Channel Outdoor Holdings, Inc. and its consolidated subsidiaries. Reportable Segments Historically, the Company had two reportable segments: Americas, which consisted of operations primarily in the United States (“U.S.”), and Europe, which consisted of operations in Europe and Singapore. The Company’s remaining operating segments of Latin America and China (prior to its sale on April 28, 2020) did not meet the quantitative thresholds to qualify as reportable segments and were disclosed as “Other.” The Company changed segments during the fourth quarter of 2022 to reflect changes in the way the business is managed and resources are allocated by the Company’s chief operating decision maker (“CODM”). Effective December 31, 2022, the Company has four reportable segments: America, which consists of operations in the U.S. excluding airports; Airports, which includes revenue from U.S. and Caribbean airports; Europe-North, which consists of operations in the United Kingdom (“U.K.”), the Nordics and several other countries throughout northern and central Europe; and Europe-South, which consists of operations in France, Switzerland, Spain and Italy. The Company’s remaining operations in Latin America and Singapore are disclosed as “Other.” Refer to Note 3 for additional details. Recent Developments COVID-19 In March 2020, the World Health Organization categorized coronavirus disease 2019 (“COVID-19”) as a pandemic. In response, the Company took certain actions to strengthen its financial position and support the continuity of its platform and operations, as follows: • The Company renegotiated contracts with landlords and municipalities to better align fixed site lease expenses with reductions in revenue and also received COVID-19-related rent assistance from certain government entities. Where applicable, the Company has applied the April 2020 supplemental Financial Accounting Standards Board (“FASB”) staff guidance regarding accounting for rent concessions resulting from COVID-19. The Company recognized reductions of fixed rent payments on lease and non-lease contracts due to rent abatements of $52.3 million, $98.5 million and $77.7 million during 2022, 2021 and 2020, respectively, which was partially offset by variable rent expense. Negotiated deferrals of rent payments did not result in a reduction of rent expense. ◦ In 2022, government assistance for COVID-19 relief comprised $16.2 million of the total rent abatements recognized, including $13.3 million provided to our U.S. airports and $2.9 million provided by various government entities in Europe. • The Company received European governmental support and wage subsidies in response to COVID-19 of $0.8 million, $4.4 million and $15.6 million during 2022, 2021 and 2020, respectively. These subsidies have been recorded as reductions in compensation and rent costs within direct operating expenses and selling, general and administrative expenses as appropriate. Additionally, in 2022, the Company received $3.9 million of property tax reliefs from the U.K. government, which have been recorded as a reduction in direct operating expenses. • The Company implemented restructuring plans to reduce headcount and incurred costs pursuant to these plans of $0.8 million, $31.9 million and $14.6 million during 2022, 2021 and 2020, respectively. Refer to Note 4 for additional details. • In June 2021, one of the Company’s subsidiaries in Europe borrowed €30.0 million, or approximately $32.1 million at current exchange rates, through a state-guaranteed loan program established in response to COVID-19. Refer to Note 6 for additional details. Dispositions In December 2022, the Company announced that Clear Channel International Limited, a wholly-owned subsidiary of the Company, had entered into a definitive agreement to sell its business in Switzerland to Goldbach Group AG, an affiliate of TX Group AG, for cash consideration of approximately $92.7 million based on exchange rates at the time of the agreement. The transaction is subject to regulatory approval, receipt of a customary tax ruling with respect to a transaction-related reorganization and other customary closing conditions and is expected to close in the second or third quarter of 2023, depending on satisfaction of the conditions to closing. Assets and liabilities of the Company’s business in Switzerland are presented as held for sale on the Company’s Consolidated Balance Sheet as of December 31, 2022. Refer to Note 16 for additional details. On April 28, 2020, the Company tendered its 50.91% stake in Clear Media Limited (“Clear Media”), a former indirect, non-wholly owned subsidiary of the Company based in China, pursuant to a voluntary conditional cash offer made by and on behalf of Ever Harmonic Global Limited (“Ever Harmonic”), and on May 14, 2020, the Company received $253.1 million in cash proceeds from the sale of its shares in Clear Media. The Company recognized a gain on the sale of Clear Media of $75.2 million, which is recorded within “Other operating expense (income), net” on the Company’s Consolidated Statement of Loss for the year ended December 31, 2020.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Preparation of Financial Statements Principles of Consolidation The consolidated financial statements include the accounts of the Company and its subsidiaries, as well as entities for which the Company has a controlling financial interest or is the primary beneficiary. The Company reports noncontrolling interests in consolidated subsidiaries as a component of equity separate from the Company’s equity. Intercompany transactions have been eliminated in consolidation. Foreign Currency Results of operations for foreign subsidiaries are translated into U.S. dollars using average exchange rates, and the assets and liabilities of foreign subsidiaries are translated into U.S. dollars using the exchange rates at the balance sheet date. The related translation adjustments are recorded within “Accumulated other comprehensive loss” within Stockholders’ Deficit on the Company’s Consolidated Balance Sheets. Foreign currency transaction gains and losses are recorded within “ Other income (expense), net Use of Estimates The Company’s consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and reflect estimates and assumptions made by management that affect the amounts reported in the consolidated financial statements and accompanying notes. Such estimates and assumptions affect, among other things, the Company’s goodwill, long-lived assets and indefinite-lived intangible assets; operating lease right-of-use assets and operating lease liabilities; assessment of the annual effective tax rate; valuation of deferred income taxes and income tax contingencies; defined-benefit plan obligations; the allowance for credit losses; assessment of lease and non-lease contract expenses; measurement of compensation cost for bonus and other compensation plans; and litigation accruals. The Company bases its 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. Presentation Changes In accordance with the segment change described in Note 1, the Company has revised its segment disclosures for prior periods to conform to the current period presentation. Additionally, certain prior period amounts in the Consolidated Statements of Cash Flows have been reclassified to conform to the 2022 presentation. Assets and Liabilities Held for Sale The Company classifies assets and liabilities of a business as held for sale when the criteria prescribed by Accounting Standards Codification (“ASC”) Paragraph 205-20-45-1E are met, most notably when sale of the business is probable within the next year and it is unlikely there will be significant changes to the plan of sale. As described in Note 1, assets and liabilities of the Company’s business in Switzerland are presented as held for sale on the Company’s Consolidated Balance Sheet as of December 31, 2022. As such, these assets and liabilities have been excluded from relevant disclosures within these Notes to the Consolidated Financial Statements. Refer to Note 16 for disclosures about the Company's assets and liabilities held for sale. Cash and Cash Equivalents and Restricted Cash Cash and cash equivalents include all highly liquid investments with an original maturity of three months or less. Restricted cash is recorded in “Other current assets” and “Other assets” in the Company’s Consolidated Balance Sheets. Refer to Note 15 for a reconciliation of cash and cash equivalents reported in the Consolidated Balance Sheets to cash, cash equivalents and restricted cash reported in the Consolidated Statements of Cash Flows. Financial Instruments The Company recognizes accounts receivable, accounts payable and debt in its Consolidated Balance Sheets at their carrying amounts. Due to their short maturities, the carrying amounts of accounts receivable and accounts payable approximate their fair values. Refer to Note 6 for the Company’s fair value measurement of debt. Accounts Receivable Adoption of ASU 2016-13 As of January 1, 2020, the Company adopted Accounting Standards Update (“ASU”) 2016-13, Measurement of Credit Losses on Financial Instruments , and all subsequently issued related amendments, which changed the methodology used to recognize impairment of the Company’s accounts receivable. Under the ASU, financial assets are presented at the net amount expected to be collected, requiring immediate recognition of estimated credit losses expected to occur over the asset’s remaining life. This is in contrast to previous GAAP, under which credit losses were not recognized until it was probable that a loss had been incurred. The Company adopted the ASU on a modified-retrospective basis through a cumulative-effect adjustment to retained earnings as of January 1, 2020, resulting in a decrease to equity of $7.2 million, including $5.4 million related to Clear Media. The Company performed its expected credit loss calculation separately by segment based on historical accounts receivable write-offs, including consideration of then-existing economic conditions and COVID-19. Accounts Receivable Policies Accounts receivable are recorded when the Company has an unconditional right to payment, either because it has satisfied a performance obligation prior to receiving payment from the customer or has a non-cancelable contract that has been billed in advance in accordance with the Company’s normal billing terms. Accounts receivable are recorded at the invoiced amount, net of allowances for credit losses. The Company evaluates the collectability of its accounts receivable based on a combination of factors. In circumstances where it is aware of a specific customer’s inability to meet its financial obligations, it records a specific reserve to reduce the amounts recorded to what it believes will be collected. For all other customers, the Company applies historical write-off rates, net of recoveries, to outstanding accounts receivable balances by aging bucket to determine the expected credit loss. Credit loss expense (reversal) related to accounts receivable was $6.5 million, $(2.7) million, and $19.4 million during 2022, 2021, and 2020, respectively. The increase in credit loss expense in 2020 was primarily due to COVID-19, and we experienced a net credit loss reversal in 2021 related to our recovery from COVID-19. The Company believes its concentration of credit risk is limited due to the large number and the geographic diversification of its customers. Property, Plant and Equipment Property, plant and equipment are stated at cost. Expenditures for maintenance and repairs are charged to operations as incurred, whereas expenditures for renewals and betterments are capitalized. Depreciation is computed using the straight-line method at rates that, in the opinion of management, are adequate to allocate the cost of such assets over their estimated useful lives, which are as follows: Structures — 3 to 20 years Furniture and other equipment — 2 to 20 years Buildings and improvements — 10 to 39 years Leasehold improvements — shorter of economic life or lease term assuming renewal periods, if appropriate The Company tests for possible impairment of property, plant and equipment whenever events and circumstances indicate that depreciable assets might be impaired and the undiscounted cash flows estimated to be generated by those assets are less than the carrying amounts of those assets. When specific assets are determined to be unrecoverable, the cost basis of the asset is reduced to reflect the current fair market value. The Company did not recognize any impairments on property, plant and equipment during the years ended December 31, 2022, 2021 or 2020, respectively. Refer to Note 10 for additional disclosures about the Company's property, plant and equipment. Permits The Company’s America segment has permits that are granted for the right to operate and maintain an advertising structure at a specified location as long as the structure is in compliance with the laws and regulations of each jurisdiction. The Company’s permits relate to land use approvals for billboards located on land the Company owns, leases, manages or for which it has acquired permanent easements. Permits are typically subject to annual renewals by the state and/or local government and are typically transferable or renewable for a minimal or no fee. However, if a structure is modified for any reason (for example, change in height or conversion of an advertising display from printed media to digital media), the state and/or local government may require a revised, additional or new permit for the modification. In such cases, the Company typically surrenders the existing permit concurrently with the approval of the requested modification. Historical Treatment as Indefinite-Lived Assets Historically, these permits primarily related to static assets and were accounted for as indefinite-lived intangible assets. As such, they were not subject to amortization but were tested for impairment at least annually, as of July 1 of each year, or whenever events or changes in circumstances indicated that it was more likely than not that the carrying amount of the asset exceeded its fair value. The impairment test consisted of a comparison of the fair value of the intangible assets at the market level with their carrying amounts. If the carrying amounts exceeded the fair value, an impairment loss was recognized equal to that excess, and the adjusted carrying amount of the indefinite-lived asset became its new accounting basis. In accordance with ASC Section 805-20-S99, the fair values of the indefinite-lived assets were determined using the direct valuation method, which assumes that rather than acquiring indefinite-lived intangible assets as part of a going concern business, the buyer hypothetically develops these assets and builds a new operation with similar attributes from scratch. Thus, the buyer incurs start-up costs during the build-up phase that are normally associated with going concern value. Initial capital costs are deducted from the discounted cash flow model to calculate the value that is directly attributable to the indefinite-lived intangible assets. In its application of the direct valuation method, the Company forecasted revenue, expenses and cash flows over a ten-year period for each of its markets and also calculated a “normalized” residual year, which represented the perpetual cash flows of each market. The residual year cash flow was then capitalized to arrive at the terminal value of the permits in each market. The key assumptions used by the Company in its direct valuation of indefinite-lived permits were market revenue growth rates, market share, profit margin, duration and profile of the build-up period, estimated start-up capital costs and losses incurred during the build-up period, the risk-adjusted discount rate and terminal values. This data was populated using industry-normalized information representing an average billboard permit within a market, and the Company engaged a third-party valuation firm to assist with the development of its assumptions used to determine of the fair value of the permits. As a result of these impairment tests, the Company recognized impairment charges Change in Accounting Estimate During the fourth quarter of 2022, the Company concluded that due to changes in facts and circumstances, these permits should no longer have an indefinite useful life and should start being amortized. Specifically, as the Company plans to accelerate the digitization of its network of billboard assets as a key component of its business strategy, the estimated useful lives of the original permits (applicable to the static assets) are no longer indefinite. As such, beginning in the fourth quarter of 2022, the Company began to amortize its permits on a straight-line basis over their estimated useful lives, which range from 8 to 17 years depending upon the market. This change in accounting estimate resulted in $16.1 million of amortization expense during the fourth quarter of 2022, resulting in a reduction of the same amount to consolidated net loss and a reduction of $0.03 to net loss per share of common stock. The Company expects a similar impact in future quarters, assuming no material permit acquisitions or dispositions. In accordance with ASC Paragraph 350-30-35-17, the Company tested its permits for impairment immediately prior to the change in useful life, which did not result in any additional impairment charges. Refer to Note 11 for additional disclosures about the Company’s permits. Other Intangible Assets Other intangible assets include transit, street furniture and other outdoor contractual rights; permanent easements; trademarks; and other miscellaneous intangible assets. • The Company’s transit, street furniture and other contractual rights are finite-lived intangible assets that are recorded at cost and amortized over the shorter of either the respective lives of the agreements or over the period of time the assets are expected to contribute directly or indirectly to the Company’s future cash flows. The Company periodically reviews the appropriateness of the amortization periods related to these finite-lived intangible assets. • Permanent easements are indefinite-lived intangible assets that include certain rights to use real property not owned by the Company and are tested for impairment at least annually, as of July 1. • The Company’s trademarks were received as part of the Company’s separation from iHeartCommunications, Inc. on May 1, 2019 and have a useful life of ten years. The Company tests for possible impairment of other intangible assets whenever events and circumstances indicate that they might be impaired and the undiscounted cash flows estimated to be generated by those assets are less than their carrying amounts. When a specific asset is determined to be unrecoverable, the cost basis of the asset is reduced to reflect the current fair market value. As a result of its impairment tests, the Company recorded $0.9 million of impairment charges on its permanent easements during 2022. The Company did not recognize impairments on any other intangible assets during 2021 or 2020. Refer to Note 11 for additional disclosures about the Company's other intangible assets. Asset Acquisitions The Company accounts for transactions that meet the definition of asset group purchases as asset acquisitions and allocates the acquisition purchase price to the assets acquired at their estimated relative fair values at the date of acquisition, which is typically determined by using either discounted cash flow valuation methods or estimates of replacement costs. During 2022 and 2021, the Company completed several acquisitions of out-of-home advertising assets for total cash consideration of $62.0 million and $18.5 million, respectively. These asset acquisitions included a combination of billboard structures, land, permits and permanent easements. Refer to Notes 10 and 11 for additional disclosures about these acquisitions. Goodwill The Company has previously recorded goodwill in conjunction with business combinations, and it performs an annual impairment test of its goodwill balance on July 1 of each year. In accordance with ASC Subtopic 350-20, the carrying amount of each reporting unit (including goodwill) is compared to its fair value, and any excess is recorded as a goodwill impairment charge, limited to the total amount of goodwill allocated to the reporting unit. The Company identifies its reporting units in accordance with ASC Subtopic 350-20 and uses a discounted cash flow model to determine the fair value of each reporting unit, which requires the Company to estimate future cash flows expected to be generated from the reporting unit, discounted to their present value using a risk-adjusted discount rate. Terminal values are also estimated and discounted to their present value. Assessing the recoverability of goodwill requires the Company to make estimates and assumptions about sales, operating margins, growth rates and discount rates based on its budgets, business plans, economic projections, anticipated future cash flows and marketplace data. Before Segment Change Historically, each of the Company’s advertising markets was considered a component of the Company. For purposes of the goodwill test, the U.S. advertising markets within the Company’s Americas segment were aggregated into a single reporting unit, Americas; the countries within the Company’s Europe segment were aggregated into a single reporting unit, Europe; and the countries within our Latin America operating segment were aggregated into a single reporting unit, Latin America. Prior to the sale of Clear Media, the Company also had a China reporting unit. As a result of its impairment tests, the Company recognized an impairment charge of $9.7 million during 2020, representing the entire goodwill balance in the Company’s Latin America reporting unit. No goodwill impairment was recorded in 2022 or 2021. Related to the planned disposal of the Company’s business in Switzerland, as described in Note 1, the Company allocated a portion of Europe’s goodwill balance to its Switzerland component based on the relative fair values of this component and the portion of the Europe reporting unit that will be retained, in accordance with ASC Section 350-20-40. This goodwill is reported in the “Assets held for sale” line of the Consolidated Balance Sheet at December 31, 2022. Refer to Note 16 for additional details. After Segment Change In conjunction with the Company’s change to its reportable segments effective December 31, 2022, as described in Note 1, the Company revised its reporting units to be as follows: America, Airports, Europe-North, Europe-South, Latin America and Singapore. In accordance with ASC Paragraph 350-20-35-45, the Company applied the relative fair value approach to allocate its existing goodwill (excluding the goodwill allocated to Switzerland, which is classified as held for sale) to these new reporting units as of December 31, 2022. Based on the fair value of each new reporting unit, which the Company determined with assistance from a valuation specialist, goodwill previously allocated to the historical Americas reporting unit was allocated to the new America and Airports reporting units, and goodwill previously allocated to the historical Europe reporting unit was allocated to the new Europe-North and Europe-South reporting units. Our Latin America reporting unit was not impacted by the reorganization and does not have any associated goodwill. The Company tested its goodwill for impairment immediately before and after the segment change and reallocation. The testing performed on the Company’s historical reporting units prior to the reallocation did not identify impairment; however, the testing performed on the new reporting units subsequent to the reallocation resulted in an impairment charge of $16.9 million, representing the entire goodwill balance allocated to the Europe-South reporting unit, excluding assets held for sale. Refer to Note 11 for additional disclosures about the Company's goodwill. Leased Assets The Company enters into contracts to use land, buildings and office space, structures, and other equipment such as automobiles and copiers. Some of these contracts enable the Company to display advertising on buses, bus shelters, trains and other private or municipal assets. Additionally, most of the Company’s advertising structures are located on leased land. Arrangements involving the use of property, plant and equipment are evaluated at inception to determine whether they contain a lease under ASC Topic 842. The majority of the Company’s transit contracts do not meet the definition of a lease under ASC Topic 842 due to substantive substitution rights within those contracts. The Company's leases are primarily operating leases, including land lease contracts and lease contracts for the use of space on floors, walls and exterior locations on buildings. The land leases typically have initial terms ranging up to 20 years with options to renew, and rental payments generally escalate at a defined rate. Land leases are typically paid in advance for periods ranging up to 12 months, although some of our international land leases are paid in advance for longer periods or in arrears. Certain of the Company's street furniture contracts also meet the definition of an operating lease. Most international street furniture display faces are operated through contracts with municipalities, which typically have terms ranging up to 15 years. Operating leases are reflected on the Company’s Consolidated Balance Sheets as “Operating lease right-of-use assets,” and the related short-term and long-term liabilities are included within “Current operating lease liabilities” and “Non-current operating lease liabilities,” respectively. Right-of-use (“ROU”) assets represent the right to use an underlying asset for the lease term, and lease liabilities represent the obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at lease commencement based on the present value of lease payments over the lease term, and lease expense is recognized on a straight-line basis over the lease term. The Company’s finance leases are included within “Property, plant and equipment” on the Consolidated Balance Sheets, and the related short-term and long-term liabilities are included within “Current portion of long-term debt” and “Long-term debt,” respectively. Expenditures for maintenance are charged to operations as incurred. Certain of the Company’s operating lease agreements include rental payments that are based on a percentage of revenue, and others include rental payments that are adjusted periodically for inflationary changes. Percentage rent contracts, in which lease expense is calculated as a percentage of advertising revenue, and payments due to changes in inflationary adjustments are included within variable rent expense, which is accounted for separately from periodic straight-line lease expense. Amounts related to insurance and property taxes in lease arrangements when billed on a pass-through basis are allocated to the lease and non-lease components of the lease based on their relative standalone selling prices. The Company is commonly assessed VAT on its international contracts, which is treated as a non-lease component. Many of the Company’s operating lease contracts permit the Company to continue operating the leased assets after the rights and obligations of the lease agreements have expired. Such contracts are not considered to be leases after they expire, and future expected payments are not included in operating lease liabilities or ROU assets. Additionally, many of the Company's leases entered into in connection with advertising structures provide options to extend the terms of the agreements. Renewal periods are generally excluded from minimum lease payments when calculating lease liabilities as the Company does not consider exercise of such options to be reasonably certain for most leases. Therefore, unless exercise of a renewal option is considered reasonably certain, the optional terms and payments are not included within the lease liability. The Company’s lease agreements do not contain material residual value guarantees or material restrictive covenants. The implicit rate within the Company’s lease agreements is generally not determinable. As such, the Company uses the incremental borrowing rate (“IBR”) to determine the present value of lease payments at the commencement of the lease. The IBR, as defined in ASC Topic 842, is the rate of interest that a lessee would have to pay to borrow on a collateralized basis over a similar term at an amount equal to the lease payments in a similar economic environment. Refer to Note 7 for additional disclosures about the Company’s operating leases. Asset Retirement Obligations ASC Subtopic 410-20 requires the Company to estimate its obligation to dismantle and remove its advertising structures from leased land and to reclaim the site to its original condition upon the termination or non-renewal of a lease or contract. The Company’s asset retirement obligation is reported in “Other long-term liabilities” on the Company’s Consolidated Balance Sheets. The Company records the present value of obligations associated with the retirement of its advertising structures in the period in which the obligation is incurred. An estimate of third-party cost information is used with respect to the dismantling of the structures and the reclamation of the site. The calculation assumes that the related assets will be removed at some period over the next 50 years, and the interest rate used to calculate the present value of such costs over the retirement period is based on an estimated risk-adjusted credit rate for the same period. When the liability is recorded, the cost is capitalized as part of the related advertising structure’s carrying value. Over time, accretion of the liability is recognized as an operating expense, and the capitalized cost is depreciated over the expected useful life of the related asset. Refer to Note 12 for additional disclosures about the Company’s asset retirement obligations. Revenue Recognition The Company generates revenue primarily from the sale of advertising space on printed and digital out-of-home advertising displays, which may be sold as individual units or as a network package. These contracts typically cover periods of a few weeks to one year, although there are some with longer terms. Revenue contracts in our America and Airports segments are generally cancelable after a specified notice period, and revenue contracts in our international businesses are generally non-cancelable or require the customer to pay a fee to terminate the contract. Certain of these revenue transactions are considered leases for accounting purposes as the contracts convey to customers the right to control the use of the Company’s advertising displays for a period of time. To qualify as a lease, fulfillment of the contract must be dependent upon the use of a specified advertising structure, the customer must have almost exclusive use of the advertising display throughout the contract term, and the customer must also have the right to change the advertisement that is displayed throughout the contract term. The Company accounts for revenue from leases, which are all classified as operating leases, in accordance with ASC Topic 842, while the Company’s remaining revenue transactions are accounted for as revenue from contracts with customers in accordance with ASC Topic 606. Revenue from Leases Under ASC Topic 842, the Company elected a practical expedient to not separate non-lease components from associated lease components if certain criteria are met. As such, each right to control the use of an advertising display that meets the lease criteria is combined with the related installation and maintenance services provided under the contract into a single lease component. Production services, which do not meet the criteria to be combined, and each advertising display that does not meet the lease criteria (along with any related installation and maintenance services) are non-lease components. Consideration in out-of-home advertising contracts is allocated between lease and non-lease components in proportion to their relative standalone selling prices, which are generally approximated by the contractual prices for each promised service. Revenue from Contracts with Customers The Company recognizes revenue when or as it satisfies a performance obligation by transferring a promised good or service to a customer. Revenue from the sale of advertising space on displays is generally recognized ratably over the term of the contract as the advertisement is displayed. The Company also generates revenue from production and creative services, which are distinct from the advertising display services, and related revenue is recognized at the point in time the Company installs the advertising copy at the display site. The Company recognizes revenue in amounts that reflect the consideration it expects to receive in exchange for transferring goods or services to customers, excluding sales taxes and other similar taxes collected on behalf of governmental authorities (the “transaction price”). When this consideration includes a variable amount, the Company estimates the amount of consideration it expects to receive and only recognizes revenue to the extent that it is probable it will not be reversed in a future reporting period. Because the transfer of promised goods and services to the customer is generally within a year of scheduled payment from the customer, the Company is not typically required to consider the effects of the time value of money when determining the transaction price. Advertising revenue is reported net of agency commissions. In order to appropriately identify the unit of accounting for revenue recognition, the Company determines which promised goods and services in a contract with a customer are distinct and are therefore separate performance obligations. If a promised good or service does not meet the criteria to be considered distinct, it is combined with other promised goods or services until a distinct bundle of goods or services exists. For revenue arrangements that contain multiple distinct goods or services, the Company allocates the transaction price to these performance obligations in proportion to their relative standalone selling prices. The Company has concluded that the contractual prices for the promised goods and services in its standard contracts generally approximate management’s best estimate of standalone selling price as the rates reflect various factors such as the size and characteristics of the target audience, market location and size, and recent market selling prices. However, where the Company provides customers with free or discounted services as part of contract negotiations, management uses judgment to determine how much of the transaction price to allocate to these performance obligations. The Company receives payments from customers based on billing schedules that are established in its contracts, and deferred revenue is recorded when payment is received from a customer before the Company has satisfied the performance obligation or a non-cancelable contract has been billed in advance in accordance with the Company’s normal billing terms. America and Airports contracts are generally billed monthly in advance, and contracts related to our international businesses include a combination of advance billings and billings upon completion of service. Refer to Note 5 for additional disclosures about the Company’s revenue. Contract Costs Incremental costs of obtaining a contract primarily relate to sales commissions, which are included in “Selling, general and administrative expenses” on the Company’s Consolidated Statements of Loss and are generally commensurate with sales. These costs are generally expensed when incurred because the period of benefit is one year or less. Share-Based Compensation Under the fair value recognition provisions of ASC Subtopic 718-10, share-based compensation cost is measured at the grant date based on the fair value of the award. For awards that vest based on service conditions, this cost is recognized as expense on a straight-line basis over the requisite service period. For awards that vest based on performance conditions, this cost is recognized over the requisite service period if it is probable that the performance conditions will be satisfied. For awards that vest based on market conditions, this cost is recognized over the requisite service period regardless of whether the market condition is met. Determining the fair value of share-based awards at the grant date requires assumptions and judgments, such as expected volatility, among other factors. Refer to Note 13 for additional disclosures about the Company’s share-based compensation cost. Income Taxes The Company accounts for income taxes using the liability method. Under this method, deferred tax assets and liabilities are determined based on differences between the financial reporting basis and tax basis of assets and liabilities and are measured using the enacted tax rates expected to apply to taxable income in the periods in which the deferred tax asset or liability is expected to be rea

SEGMENT DATA

SEGMENT DATA	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
SEGMENT DATA	NOTE 3 – SEGMENT DATA As described in Note 1, the Company changed its presentation of segment information during the fourth quarter of 2022 to reflect changes in the way the business is managed and resources are allocated by the Company’s CODM. Effective December 31, 2022, the Company has four reportable segments: America, Airports, Europe-North and Europe-South. The Company's remaining operations in Latin America and Singapore are disclosed as “Other.” While each segment provides out-of-home advertising to customers using various digital and traditional display types, they vary based on geographic area of operations and, in some cases, the form of display: • The America segment serves markets throughout the U.S., with over 90% of its revenue generated from billboard displays. • The Airports segment provides out-of-home advertising around and within airports in the U.S. and Caribbean. • The Europe-North segment serves markets in 12 countries throughout northern and central Europe, including the U.K., Sweden, Norway, Belgium, Finland, the Netherlands, Ireland, Poland, Denmark, Estonia, Latvia and Lithuania. Approximately half of this segment’s revenue is generated from street furniture displays, while the remainder comes from retail displays, transit displays and billboards. • The Europe-South segment serves markets in France, Switzerland, Spain and Italy. Approximately half of this segment’s revenue is generated from street furniture displays, while the remainder comes from billboards, retail displays and transit displays. Segment Adjusted EBITDA is the profitability metric reported to the Company’s CODM for purposes of making decisions about allocation of resources to, and assessing performance of, each reportable segment. Segment Adjusted EBITDA is calculated as revenue less direct operating expenses and selling, general and administrative expenses, excluding restructuring and other costs, which are defined as costs associated with cost-saving initiatives such as severance, consulting and termination costs and other special costs. Segment information for total assets is not presented as this information is not used by the Company’s CODM in measuring segment performance or allocating resources between segments. The following tables present the Company’s reportable segment results for the years ended December 31, 2022, 2021 and 2020. The Company has revised its segment disclosures for prior periods to conform to the current period presentation. (In thousands) Year Ended December 31, 2022 2021 2020 Revenue America $ 1,105,552 $ 1,013,290 $ 853,183 Airports 256,402 160,330 123,789 Europe-North 566,119 517,990 406,783 Europe-South 467,106 472,360 385,326 Other (1) 85,955 77,148 85,527 Total $ 2,481,134 $ 2,241,118 $ 1,854,608 Capital Expenditures America $ 79,529 $ 56,898 $ 50,665 Airports 25,298 11,600 5,647 Europe-North 34,025 36,914 16,424 Europe-South 29,011 25,362 26,599 Other (1) 4,571 4,884 12,121 Corporate 12,245 12,348 12,706 Total $ 184,679 $ 148,006 $ 124,162 Segment Adjusted EBITDA America $ 499,390 $ 463,410 $ 315,001 Airports 60,864 36,894 4,871 Europe-North 103,654 53,981 2,677 Europe-South 15,201 (9,205) (60,040) Other (1) 12,330 4,884 (32,235) Total $ 691,439 $ 549,964 $ 230,274 (In thousands) Year Ended December 31, 2022 2021 2020 Reconciliation of Segment Adjusted EBITDA to Consolidated Net Loss Before Income Taxes Segment Adjusted EBITDA $ 691,439 $ 549,964 $ 230,274 Less reconciling items: Corporate expenses (2) 157,915 156,181 137,297 Depreciation and amortization 253,809 253,155 269,421 Impairment charges 39,546 118,950 150,400 Restructuring and other costs (3) 6,244 38,501 19,184 Other operating expense (income), net 2,386 (627) (53,614) Interest expense, net 362,680 350,457 360,259 Other reconciling items (4) 35,079 100,995 5,559 Consolidated net loss before income taxes $ (166,220) $ (467,648) $ (658,232) (1) Other includes the Company's operations in Latin America, Singapore and, for periods prior to the disposition of the Company's stake in Clear Media on April 28, 2020, China. Refer to Note 1 for additional details related to this disposition. (2) Corporate expenses include expenses related to infrastructure and support, including information technology, human resources, legal, finance and administrative functions of each of the Company’s reportable segments, as well as overall executive, administrative and support functions. Share-based payments and certain restructuring and other costs are recorded in corporate expenses. (3) The restructuring and other costs line item in this reconciliation excludes those restructuring and other costs related to corporate functions, which are included with the Corporate expenses line item. (4) Other reconciling items includes Loss on extinguishment of debt and Other expense (income), net.

COST-SAVINGS INITIATIVES

COST-SAVINGS INITIATIVES	12 Months Ended
	Dec. 31, 2022
Restructuring and Related Activities [Abstract]
COST-SAVINGS INITIATIVES	COST-SAVINGS INITIATIVES The Company engages in various cost-savings initiatives in order to realize its long-term cost-savings goals. The Company recognizes a liability for restructuring and other related costs at fair value in the period in which it incurs a present obligation. In the case of one-time employment termination benefits, the Company recognizes a liability when the plan of termination meets certain criteria, as defined by GAAP, and has been communicated to employees. For other benefits, the Company recognizes a liability when it is probable that employees will be entitled to benefits and the amount can be reasonably estimated. Restructuring Plans to Reduce Headcount During 2020, the Company committed to restructuring plans to reduce headcount throughout its business, primarily in response to the impact of COVID-19. The U.S. plan and the Latin America portion of the international plan were completed in 2020. The Company continued to execute on the Europe portion of the international plan through the fourth quarter of 2021 when the impacted employees were terminated. In 2022, it was determined that certain costs would be less than previously estimated due to former employees no longer being eligible for severance upon finding alternative employment in accordance with the terms of the restructuring plan, resulting in a net reversal of these costs during the period. Remaining costs associated with this restructuring plan are not expected to be significant. The following table presents net costs incurred (reversed) in the Company’s Europe-North and Europe-South segments in connection with the Europe portion of the restructuring plan during the years ended December 31, 2022, 2021 and 2020 and since the plan was initiated: Year Ended December 31, Total to date (In thousands) 2022 2021 2020 December 31, Costs incurred (reversed) in Europe-North segment, net: Direct operating expenses $ — $ 31 $ 1,318 $ 1,349 Selling, general and administrative expenses — 2 1,875 1,877 Total charges, net $ — $ 33 $ 3,193 $ 3,226 Costs incurred (reversed) in Europe-South segment, net: Direct operating expenses $ (522) $ 14,284 $ 1,064 $ 14,826 Selling, general and administrative expenses 1,788 16,483 4,102 22,373 Total charges, net $ 1,266 $ 30,767 $ 5,166 $ 37,199 As of December 31, 2022, the remaining liability related to these restructuring plans was $7.2 million. The Company expects to pay most of this balance by the end of the second quarter of 2023. The following table presents changes in the liability balance during the years ended December 31, 2022, 2021 and 2020: (In thousands) America Airports Europe-North Europe-South Other Corporate Total Liability balance as of December 31, 2019 $ — $ — $ — $ — $ — $ — $ — Costs incurred (1) 2,816 392 3,193 5,166 495 2,529 14,591 Costs paid or otherwise settled (523) (152) (1,786) (4,118) (495) (1,711) (8,785) Liability balance as of December 31, 2020 2,293 240 1,407 1,048 — 818 5,806 Costs incurred (1) — — 33 30,767 — 1,077 31,877 Costs paid or otherwise settled (2,293) (240) (1,440) (7,955) — (1,439) (13,367) Liability balance as of December 31, 2021 — — — 23,860 — 456 24,316 Costs incurred (reversed), net (1) — — — 1,266 — (456) 810 Costs paid or otherwise settled — — — (16,523) — — (16,523) Foreign currency impact — — — (1,400) — — (1,400) Liability balance as of December 31, 2022 $ — $ — $ — $ 7,203 $ — $ — $ 7,203 (1) Substantially all costs related to these restructuring plans were severance benefits and related costs. Costs, which have been recorded in direct operating expenses and selling, general and administrative expenses on the Consolidated Statements of Loss, are categorized as Restructuring and other costs and are therefore excluded from Segment Adjusted EBITDA. Other Restructuring Costs

REVENUE

REVENUE	12 Months Ended
	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
REVENUE	REVENUE Disaggregation of Revenue The Company’s advertising structures, which may be owned or leased, are used to generate revenue, and such revenue may be classified as revenue from contracts with customers or revenue from leases depending on the terms of the contract, as described in Note 2. The following table shows revenue from contracts with customers, revenue from leases and total revenue, disaggregated by geography, for the years ended December 31, 2022, 2021 and 2020: (In thousands) Revenue from contracts with customers Revenue from Total Revenue Year Ended December 31, 2022 U.S. (1) $ 698,250 $ 663,704 $ 1,361,954 Europe (2) 953,914 79,311 1,033,225 Other (3) 64,864 21,091 85,955 Total $ 1,717,028 $ 764,106 $ 2,481,134 Year Ended December 31, 2021 U.S. (1) $ 568,231 $ 605,389 $ 1,173,620 Europe (2) 896,329 94,021 990,350 Other (3) 56,634 20,514 77,148 Total $ 1,521,194 $ 719,924 $ 2,241,118 Year Ended December 31, 2020 U.S. (1) $ 488,682 $ 488,290 $ 976,972 Europe (2) 702,796 89,313 792,109 Other (3) 69,234 16,293 85,527 Total $ 1,260,712 $ 593,896 $ 1,854,608 (1) U.S. revenue, which also includes revenue derived from airport displays in the Caribbean, is comprised of revenue from the Company’s America and Airports segments. (2) Europe revenue is comprised of revenue from the Company’s Europe-North and Europe-South segments. Europe total revenue for the years ended December 31, 2022, 2021 and 2020 includes revenue from France of $256.6 million, $264.9 million and $215.0 million, respectively. (3) Other includes the Company’s businesses in Latin America, Singapore and, for periods prior to the disposition of the Company’s stake in Clear Media on April 28, 2020, China. Other total revenue for the year ended December 31, 2020 includes revenue from Latin America and Singapore of $56.2 million. Revenue from Contracts with Customers The following tables show the Company’s beginning and ending accounts receivable and deferred revenue balances from contracts with customers: (In thousands) Year Ended December 31, 2022 (1) 2021 (2) 2020 (3) Accounts receivable, net of allowance, from contracts with customers Beginning balance $ 492,706 $ 349,799 $ 581,555 Ending balance 480,016 492,706 349,799 Deferred revenue from contracts with customers Beginning balance $ 42,016 $ 37,712 $ 52,589 Ending balance 32,369 42,016 37,712 (1) The ending balances as of December 31, 2022 exclude accounts receivable and deferred revenue from contracts with customers that are held for sale. (2) The increases in the accounts receivable and deferred revenue balances from contracts with customers in 2021 were driven by higher sales and billings related to our continued recovery from COVID-19. (3) The decreases in the accounts receivable and deferred revenue balances from contracts with customers in 2020 were driven by the sale of Clear Media and lower sales and billings related to COVID-19. During the years ended December 31, 2022 , 2021 and 2020, respectively, the Company recognized $40.4 million, $36.8 million and $48.0 million of revenue that was included in the deferred revenue from contracts with customers balance at the beginning of the respective year. The Company’s contracts with customers generally have terms of one year or less; however, as of December 31, 2022 , the Company expected to recognize $90.8 million of revenue in future periods for remaining performance obligations from current contracts with customers that have an original expected duration greater than one year, with the majority of this amount to be recognized over the next five years. Revenue from Leases As of December 31, 2022 , future lease payments to be received by the Company were as follows: (In thousands) Future lease payments to be received (1) : 2023 $ 371,854 2024 40,155 2025 14,167 2026 6,670 2027 1,308 Thereafter 2,452 Total $ 436,606 (1) Excludes future lease payments to be received by the Company’s business in Switzerland, which is held for sale at December 31, 2022. Note that the future lease payments disclosed are limited to the non-cancelable period of the lease and, for contracts that require the customer to pay a significant fee to terminate the contract such that the customer is considered reasonably certain not to exercise this option, periods beyond the termination option. Payments scheduled for periods beyond a termination option are not included for contracts that allow cancellation by the customer without a significant fee.

LONG-TERM DEBT

LONG-TERM DEBT	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT Long-term debt outstanding at December 31, 2022 and 2021 consisted of the following: (In thousands) December 31, December 31, Term Loan Facility (1) $ 1,935,000 $ 1,955,000 Revolving Credit Facility — — Receivables-Based Credit Facility — — Clear Channel Outdoor Holdings 5.125% Senior Secured Notes Due 2027 1,250,000 1,250,000 Clear Channel Outdoor Holdings 7.75% Senior Notes Due 2028 (2) 1,000,000 1,000,000 Clear Channel Outdoor Holdings 7.5% Senior Notes Due 2029 (3) 1,050,000 1,050,000 Clear Channel International B.V. 6.625% Senior Secured Notes Due 2025 375,000 375,000 Other debt (4) 36,798 39,006 Original issue discount (5,596) (6,976) Long-term debt fees (47,185) (57,077) Total debt 5,594,017 5,604,953 Less: Current portion 25,218 21,165 Total long-term debt $ 5,568,799 $ 5,583,788 (1) During 2022, the Company paid $20.0 million of the outstanding principal on the term loan facility (“Term Loan Facility”) in accordance with the terms of the senior secured credit agreement governing the senior secured credit facilities (“Senior Secured Credit Facilities”), which consist of the Term Loan Facility and the revolving credit facility (“Revolving Credit Facility”). (2) On February 17, 2021, the Company issued $1.0 billion aggregate principal amount of 7.75% Senior Notes due 2028. On March 4, 2021, the Company used the net proceeds from this issuance to cause Clear Channel Worldwide Holdings, Inc. (“CCWH”), a subsidiary of the Company, to redeem $940.0 million aggregate principal amount of its 9.25% Senior Notes due 2024 (“CCWH Senior Notes”) at a redemption price equal to 104.625% of the principal amount thereof, plus accrued and unpaid interest to the redemption date. (3) On June 1, 2021, the Company issued $1.05 billion aggregate principal amount of 7.5% Senior Notes due 2029. On June 16, 2021, the Company used the net proceeds from this issuance to cause CCWH to redeem all of the outstanding $961.5 million aggregate principal amount of its CCWH Senior Notes at a redemption price equal to 104.625% of the principal amount thereof, plus accrued and unpaid interest to the redemption date. (4) Other debt includes finance leases and various borrowings utilized for general operating purposes, including a state-guaranteed loan with a third-party lender of €30.0 million, or approximately $32.1 million at current exchange rates. In April 2022, as permitted under the terms of the loan agreement, the Company elected to extend the loan’s maturity date to June 29, 2027, with quarterly principal repayments of €1.875 million due beginning in September 2023. This loan did not originally bear interest, but effective June 29, 2022, the annual interest rate is 0.7%. Additionally, in June 2022, the Company paid a fee relating to the state guarantee equal to 0.5% of the outstanding amount of the loan. Effective June 29, 2022, the annual cost of the state guarantee is 1.0% of the outstanding loan amount through June 29, 2024 and 2.0% of the outstanding loan amount for the remainder of the loan term. As a result of the CCWH Senior Notes redemptions described in the footnotes to the above table, the Company recognized debt extinguishment losses of $102.8 million during 2021. The aggregate market value of the Company’s debt based on market prices for which quotes were available was approximately $4.7 billion and $5.9 billion at December 31, 2022 and December 31, 2021, respectively. Under the fair value hierarchy established by ASC Section 820-10-35, the inputs used to determine the market value of the Company’s debt are classified as Level 1. Senior Secured Credit Facilities On August 23, 2019, the Company and the guarantors thereof entered into a credit agreement (the “Senior Secured Credit Agreement”) with Deutsche Bank AG New York Branch, as administrative agent and collateral agent, the syndication agent party thereto, the co-documentation agents party thereto, the lenders party thereto, and the joint lead arrangers and joint bookrunners party thereto. The Senior Secured Credit Agreement governs the Company’s Term Loan Facility and Revolving Credit Facility. On February 20, 2023, the Senior Secured Credit Agreement was amended to establish Adjusted Term SOFR (as defined therein) as the alternate rate of interest applicable to the Company’s Term Loan Facility in connection with the cessation of LIBOR, as described in Note 2. This amendment is reflected in the information below. Size and Availability The Senior Secured Credit Agreement provides for the Term Loan Facility in an aggregate principal amount of $2,000.0 million and the Revolving Credit Facility in an aggregate principal amount of $175.0 million. The Company is the borrower under the Senior Secured Credit Facilities. The Revolving Credit Facility includes sub-facilities for letters of credit and for short-term borrowings referred to as the swing line borrowings. In addition, the Senior Secured Credit Agreement provides that the Company may request at any time, subject to customary and other conditions, incremental term loans or incremental revolving credit commitments. The lenders under the Senior Secured Credit Facilities are not under any obligation to provide any such incremental loans or commitments, and any such addition of or increase in loans will be subject to certain customary conditions precedent and other provisions. Interest Rate and Fees Prior to February 20, 2023, existing borrowings under the Senior Secured Credit Agreement bore interest at a rate per annum equal to the Applicable Rate (as defined therein) plus, at the Company’s option, either (a) a base rate equal to the highest of: (1) the Federal Funds Rate plus 0.50%, (2) the rate of interest in effect for such date as publicly announced from time to time by the administrative agent as its “prime rate,” and (3) the Eurocurrency rate that would be calculated as of such day in respect of a proposed Eurocurrency rate loan with a one-month interest period plus 1.00%; or (b) a Eurocurrency rate that is equal to the LIBOR rate as published by Bloomberg two business days prior to the commencement of the interest period until the end of the current interest period. Effective February 20, 2023, new borrowings or the continuation of existing borrowings under the Senior Secured Credit Agreement bear interest at a rate per annum equal to the Applicable Rate (as defined therein) plus, at the Company’s option, either (a) a base rate equal to the highest of: (1) the Federal Funds Rate plus 0.50%, (2) the rate of interest in effect for such date as publicly announced from time to time by the administrative agent as its “prime rate,” and (3)(i) for borrowings under the Term Loan Facility, Term SOFR plus an adjustment (as defined in the Senior Secured Credit Agreement) for a one-month tenor in effect on such day plus 1.00%, or (ii) for borrowings under the Revolving Credit Facility, the Eurocurrency rate that would be calculated as of such day in respect of a proposed Eurocurrency rate loan with a one-month interest period plus 1.00%; (b) a Eurocurrency rate that is equal to the LIBOR rate as published by Bloomberg two business days prior to the commencement of the interest period; or (c) Term SOFR plus the relevant Term SOFR Adjustment (as defined in the Senior Secured Credit Agreement). Amortization and Maturity The term loans under the Term Loan Facility amortize in equal quarterly installments in an aggregate annual amount equal to 1.00% of the original principal amount of such term loans, with the balance being payable on August 23, 2026. The Revolving Credit Facility matures on August 23, 2024. Prepayments The Senior Secured Credit Facilities contain customary mandatory prepayments, including with respect to excess cash flow, asset sale proceeds and proceeds from certain incurrences of indebtedness. The Company may voluntarily repay outstanding loans under the Senior Secured Credit Facilities at any time after the six-month anniversary of the closing of the Senior Secured Credit Facilities without premium or penalty, other than customary breakage costs with respect to LIBOR loans. Guarantees and Security The Senior Secured Credit Facilities are guaranteed by certain existing and wholly-owned domestic subsidiaries of the Company. All obligations under the Senior Secured Credit Facilities and the guarantees of those obligations are secured by a perfected first priority security interest in all of the Company’s and the guarantors’ assets securing the Senior Secured Credit Facilities on a pari passu basis with the liens on such assets (other than the assets securing the Company’s Receivables-Based Credit Facility) (such assets, other than accounts receivable and certain other assets, the “CCOH Senior Secured Notes Priority Collateral”) and a perfected second priority security interest in all of the Company’s and the guarantors’ assets securing the Receivables-Based Credit Facility on a first-priority basis (the “ABL Priority Collateral” and, together with the CCOH Senior Secured Notes Priority Collateral, the “CCOH Senior Secured Notes Collateral”). Certain Covenants The Senior Secured Credit Agreement contains a springing financial covenant which is applicable solely to the Revolving Credit Facility. The springing financial covenant generally requires compliance with a first lien net leverage ratio of 7.10 to 1.00 if the balance of the Revolving Credit Facility is greater than $0 and undrawn letters of credit exceed $10 million. The Senior Secured Credit Agreement also includes negative covenants that, subject to significant exceptions, limit the Company’s ability and the ability of its restricted subsidiaries to, among other things: incur additional indebtedness; create liens on assets; engage in mergers, consolidations, liquidations and dissolutions; sell assets; pay dividends and distributions or repurchase capital stock; make investments, loans, or advances; prepay certain junior indebtedness; engage in certain transactions with affiliates; enter into agreements that restrict its restricted subsidiaries’ ability to make distributions; and amend or waive organizational documents. As of December 31, 2022, the Company was in compliance with all covenants contained in the Senior Secured Credit Agreement. Receivables-Based Credit Facility On August 23, 2019, concurrently with the entry into the Senior Secured Credit Agreement, the Company entered into a receivables-based credit agreement (the “Receivables-Based Credit Agreement”) with Deutsche Bank AG New York Branch, as administrative agent, collateral agent, swing line lender and L/C issuer, the other lenders and L/C issuers party thereto, the joint lead arrangers and bookrunners party thereto and the co-documentation agents party thereto. The Receivables-Based Credit Agreement governs the Company’s Receivables-Based Credit Facility. The Company and certain of its subsidiaries are borrowers under the Receivables-Based Credit Facility. The Receivables-Based Credit Facility includes sub-facilities for letters of credit and for short-term borrowings referred to as the swing line borrowings. In addition, the Receivables-Based Credit Agreement provides that the Company has the right at any time, subject to customary conditions, to request incremental commitments on terms set forth in the Receivables-Based Credit Agreement. Size and Availability The Receivables-Based Credit Agreement provides for an asset-based revolving credit facility, with amounts available from time to time (including in respect of letters of credit) equal to the lesser of (i) the borrowing base, which equals 85.0% of the eligible accounts receivable of the borrower and the subsidiary borrowers, subject to customary eligibility criteria minus any reserves, and (ii) the aggregate revolving credit commitments. The aggregate revolving credit commitments are $125.0 million. Interest Rate and Fees Borrowings under the Receivables-Based Credit Agreement bear interest at a rate per annum equal to the Applicable Rate (as defined therein) plus, at the Company’s option, either (1) a base rate determined by reference to the highest of (a) the Federal Funds Rate plus 0.50%, (b) the rate of interest in effect for such date as publicly announced from time to time by the administrative agent as its “prime rate,” (c) the Eurocurrency rate that would be calculated as of such day in respect of a proposed Eurocurrency rate loan with a one-month interest period plus 1.00% and (d) 0.00%, or (2) a Eurocurrency rate equal to the LIBOR rate as published by Bloomberg two business days prior to the commencement of the interest period. In addition to paying interest on outstanding principal under the Receivables-Based Credit Agreement, the Company is required to pay a commitment fee to the lenders under the Receivables-Based Credit Agreement in respect of the unutilized revolving commitments thereunder. The Company is also required to pay a customary letter of credit fee for each issued letter of credit. Maturity Borrowings under the Receivables-Based Credit Agreement mature, and lending commitments thereunder terminate, on August 23, 2024. Prepayments If at any time, the outstanding amount under the Receivables-Based Credit Agreement exceeds the lesser of (i) the aggregate amount committed by the revolving credit lenders and (ii) the borrowing base, the Company will be required to prepay first, any protective advances, and second, any outstanding revolving loans and swing line loans and/or cash collateralize letters of credit in an aggregate amount equal to such excess, as applicable. Subject to customary exceptions and restrictions, the Company may voluntarily repay outstanding amounts under the Receivables-Based Credit Agreement at any time without premium or penalty. Any voluntary prepayments made will not reduce commitments under the Receivables-Based Credit Agreement. Guarantees and Security The Receivables-Based Credit Facility is guaranteed by certain subsidiaries of the Company that guarantee the Senior Secured Credit Agreement. All obligations under the Receivables-Based Credit Agreement and the guarantees of those obligations are secured by a perfected first priority security interest in the ABL Priority Collateral and a perfected second priority security interest in the CCOH Senior Secured Notes Priority Collateral. Certain Covenants The Receivables-Based Credit Agreement contemplates that if borrowing availability is less than an amount set forth therein, the Company will be required to comply with a fixed charge coverage ratio of no less than 1.00 to 1.00 for the most recent period of four consecutive fiscal quarters ended prior to the occurrence of the Covenant Trigger Period (as defined in the Receivables-Based Credit Agreement), and will be required to continue to comply with this minimum fixed charge coverage ratio for a certain period of time until borrowing availability recovers. The fixed charge coverage ratio did not apply for the four quarters ended December 31, 2022 because a Covenant Trigger Period was not in effect. The Receivables-Based Credit Agreement also includes negative covenants that, subject to significant exceptions, limit the Company’s ability and the ability of its restricted subsidiaries to, among other things: incur additional indebtedness; create liens on assets; engage in mergers, consolidations, liquidations and dissolutions; sell assets; pay dividends and distributions or repurchase capital stock; make investments, loans, or advances; prepay certain junior indebtedness; engage in certain transactions with affiliates; enter into agreements that restrict its restricted subsidiaries’ ability to make distributions; and amend or waive organizational documents. As of December 31, 2022, the Company was in compliance with all covenants contained in the Receivables-Based Credit Agreement. CCOH 5.125% Senior Secured Notes Due 2027 On August 23, 2019, concurrently with the entry into the Senior Secured Credit Agreement and Receivables-Based Credit Facility, the Company completed the sale of $1,250.0 million in aggregate principal amount of CCOH Senior Secured Notes (the “CCOH Senior Secured Notes”). The CCOH Senior Secured Notes were issued pursuant to an indenture, dated as of August 23, 2019 (the “CCOH Senior Secured Notes Indenture”), among the Company, the subsidiaries of the Company acting as guarantors party thereto, and U.S. Bank National Association, as trustee and as collateral agent. The CCOH Senior Secured Notes mature on August 15, 2027 and bear interest at a rate of 5.125% per annum. Interest on the CCOH Senior Secured Notes is payable to the holders thereof semi-annually on February 15 and August 15 of each year. Guarantees and Security The CCOH Senior Secured Notes are guaranteed fully and unconditionally on a senior secured basis by the Company’s existing and future wholly-owned domestic subsidiaries that guarantee the Company’s obligations under the Term Loan Facility and the Revolving Credit Facility. The CCOH Senior Secured Notes and the guarantees thereof are secured on a first-priority basis by security interests in the CCOH Senior Secured Notes Priority Collateral and on a second-priority basis by security interests in the ABL Priority Collateral, in each case, other than any excluded assets and subject to intercreditor agreements. The CCOH Senior Secured Notes and the guarantees are general senior secured obligations of the Company and the guarantors thereof and rank pari passu in right of payment with the Company’s and the guarantors’ existing and future senior indebtedness, including the Senior Secured Credit Facilities, the Receivables-Based Credit Facility, the CCOH 7.75% Senior Notes and the CCOH 7.5% Senior Notes. Redemptions The Company may redeem all or a portion of the CCOH Senior Secured Notes at the redemption prices set forth in the CCOH Senior Secured Notes Indenture. Certain Covenants The CCOH Senior Secured Notes Indenture contains covenants that limit the Company’s ability and the ability of its restricted subsidiaries to, among other things: incur or guarantee additional debt or issue certain preferred stock; redeem, purchase or retire subordinated debt; make certain investments; create restrictions on the payment of dividends or other amounts from the Company’s restricted subsidiaries that are not Guarantors; enter into certain transactions with affiliates; merge or consolidate with another person, or sell or otherwise dispose of all or substantially all of the Company’s assets; sell certain assets, including capital stock of the Company’s subsidiaries; designate the Company’s subsidiaries as unrestricted subsidiaries; pay dividends, redeem or repurchase capital stock or make other restricted payments; and incur certain liens. As of December 31, 2022, the Company was in compliance with all covenants contained in the CCOH Senior Secured Notes Indenture. CCOH 7.75% Senior Notes Due 2028 On February 17, 2021, the Company completed the sale of $1.0 billion aggregate principal amount of 7.75% Senior Notes due 2028 (the “CCOH 7.75% Senior Notes”) in a private placement to qualified institutional buyers under Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to persons outside the U.S. pursuant to Regulation S under the Securities Act. On the same date, the Company entered into an indenture, dated as of February 17, 2021 (the “CCOH 7.75% Senior Notes Indenture”), by and among the Company, the subsidiaries of the Company acting as guarantors party thereto (collectively, the “Guarantors”), and U.S. Bank National Association, as trustee. The CCOH 7.75% Senior Notes mature on April 15, 2028 and bear interest at a rate of 7.75% per annum. Interest on the CCOH 7.75% Senior Notes is payable to the holders thereof semi-annually on April 15 and October 15 of each year. Guarantees and Security The CCOH 7.75% Senior Notes are guaranteed on a senior unsecured basis by certain of the Company’s wholly-owned existing and future domestic subsidiaries. The CCOH 7.75% Senior Notes (i) rank pari passu in right of payment with all existing and future senior indebtedness of the Company; (ii) are senior in right of payment to all of the future subordinated indebtedness of the Company and the Guarantors; (iii) are effectively subordinated to all of the Company’s and the Guarantors’ existing and future indebtedness secured by a lien, to the extent of the value of such collateral; and (iv) are structurally subordinated to any existing and future obligations of any existing or future subsidiaries of the Company that do not guarantee the CCOH 7.75% Senior Notes, including all of the Company’s foreign subsidiaries. Redemptions The Company may redeem all or a portion of the CCOH 7.75% Senior Notes beginning on April 15, 2024 at the redemption prices set forth in the CCOH 7.75% Senior Notes Indenture. Certain Covenants The CCOH 7.75% Senior Notes Indenture contains covenants that limit the Company’s ability and the ability of its restricted subsidiaries to, among other things: (i) incur or guarantee additional debt or issue certain preferred stock; (ii) redeem, purchase or retire subordinated debt; (iii) make certain investments; (iv) create restrictions on the payment of dividends or other amounts from the Company’s restricted subsidiaries that are not Guarantors; (v) enter into certain transactions with affiliates; (vi) merge or consolidate with another person, or sell or otherwise dispose of all or substantially all of the Company’s assets; (vii) sell certain assets, including capital stock of the Company’s subsidiaries; (viii) designate the Company’s subsidiaries as unrestricted subsidiaries; (ix) pay dividends, redeem or repurchase capital stock or make other restricted payments; and (x) incur certain liens. As of December 31, 2022, the Company was in compliance with all covenants contained in the CCOH 7.75% Senior Notes Indenture. CCOH 7.5% Senior Notes Due 2029 On June 1, 2021, the Company completed the sale of $1.05 billion aggregate principal amount of 7.5% Senior Notes due 2029 (the “CCOH 7.5% Senior Notes”) in a private placement to qualified institutional buyers under Rule 144A under the Securities Act and to persons outside the U.S. pursuant to Regulation S under the Securities Act. On the same date, the Company entered into an indenture, dated as of June 1, 2021 (the “CCOH 7.5% Senior Notes Indenture”), by and among the Company, the Guarantors, and U.S. Bank National Association, as trustee. The CCOH 7.5% Senior Notes mature on June 1, 2029 and bear interest at a rate of 7.5% per annum. Interest on the CCOH 7.5% Senior Notes is payable to the holders thereof semi-annually on June 1 and December 1 of each year. Guarantees and Security The CCOH 7.5% Senior Notes are guaranteed on a senior unsecured basis by certain of the Company’s wholly-owned existing and future domestic subsidiaries. The CCOH 7.5% Senior Notes (i) rank pari passu in right of payment with all existing and future senior indebtedness of the Company; (ii) are senior in right of payment to all of the future subordinated indebtedness of the Company and the Guarantors; (iii) are effectively subordinated to all of the Company’s and the Guarantors’ existing and future indebtedness secured by a lien, to the extent of the value of the collateral securing such debt; and (iv) are structurally subordinated to any existing and future obligations of any existing or future subsidiaries of the Company that do not guarantee the CCOH 7.5% Senior Notes, including all of the Company’s foreign subsidiaries. Redemptions The Company may redeem all or a portion of the CCOH 7.5% Senior Notes at the redemption prices set forth in the CCOH 7.5% Senior Notes Indenture. Certain Covenants The CCOH 7.5% Senior Notes Indenture contains covenants that limit the Company’s ability and the ability of its restricted subsidiaries to, among other things: (i) incur or guarantee additional debt or issue certain preferred stock; (ii) redeem, purchase or retire subordinated debt; (iii) make certain investments; (iv) create restrictions on the payment of dividends or other amounts from the Company’s restricted subsidiaries that are not Guarantors; (v) enter into certain transactions with affiliates; (vi) merge or consolidate with another person, or sell or otherwise dispose of all or substantially all of the Company’s assets; (vii) sell certain assets, including capital stock of the Company’s subsidiaries; (viii) designate the Company’s subsidiaries as unrestricted subsidiaries; (ix) pay dividends, redeem or repurchase capital stock or make other restricted payments; and (x) incur certain liens. As of December 31, 2022, the Company was in compliance with all covenants contained in the CCOH 7.5% Senior Notes Indenture. CCIBV 6.625% Senior Secured Notes Due 2025 On August 4, 2020, Clear Channel International B.V. (“CCIBV”), an indirect wholly-owned subsidiary of the Company, issued $375.0 million aggregate principal amount of 6.625% Senior Secured Notes due 2025 (the “CCIBV Senior Secured Notes”). The CCIBV Senior Secured Notes were issued under an indenture, dated as of August 4, 2020 (the “CCIBV Senior Secured Notes Indenture”), among CCIBV, the CCIBV Guarantors (as defined below), U.S. Bank National Association as trustee, paying agent, registrar, authentication agent and transfer agent, and U.S. Bank Trustees Limited as security agent. The CCIBV Senior Secured Notes mature on August 1, 2025 and bear interest at a rate of 6.625% per annum, payable semi-annually in arrears on April 1 and October 1 of each year. Guarantees and Security The CCIBV Senior Secured Notes are guaranteed by certain of CCIBV's existing and future subsidiaries (collectively, the “CCIBV Guarantors”). The Company does not guarantee the CCIBV Senior Secured Notes. The CCIBV Senior Secured Notes and certain of the guarantees (the “secured guarantees”) are secured by pledges over (i) the capital stock and material bank accounts of CCIBV and certain of its indirect subsidiaries and (ii) the net intercompany balance by and between the parent holding company of CCIBV and CCIBV subject to certain conditions as set forth in the CCIBV Senior Secured Notes Indenture. The CCIBV Senior Secured Notes and secured guarantees rank, in right of payment, pari passu to unsubordinated indebtedness and senior to subordinated indebtedness of CCIBV and the Guarantors, as applicable, and rank, in right of security, senior to unsecured and junior lien indebtedness of CCIBV and the Guarantors, as applicable, to the extent of the value of the assets that constitute collateral. Redemptions CCIBV may redeem the CCIBV Senior Secured Notes at its option, in whole or part, at the redemption prices set forth in the CCIBV Senior Secured Notes Indenture. Certain Covenants The CCIBV Senior Secured Notes Indenture contains covenants that limit CCIBV's ability and the ability of its restricted subsidiaries to, among other things: (i) pay dividends, redeem stock or make other distributions or investments; (ii) incur additional debt or issue certain preferred stock; (iii) transfer or sell assets; (iv) create liens on assets; (v) engage in certain transactions with affiliates; (vi) create restrictions on dividends or other payments by the restricted subsidiaries; and (vii) merge, consolidate or sell all or substantially all of CCIBV's assets. Future Maturities of Long-term Debt Future maturities of long-term debt as of December 31, 2022 are as follows: (in thousands) 2023 $ 25,218 2024 28,577 2025 403,499 2026 1,883,468 2027 1,254,462 Thereafter 2,051,574 Total (1) $ 5,646,798 (1) Excludes original issue discount and long-term debt fees of $5.6 million and $47.2 million, respectively, which are amortized through interest expense over the life of the underlying debt obligations Letters of Credit, Surety Bonds and Guarantees As of December 31, 2022, the Company had $43.2 million of letters of credit outstanding under its Revolving Credit Facility, resulting in $131.8 million of remaining excess availability, and $42.2 million of letters of credit outstanding under its Receivables-Based Credit Facility, resulting in $82.8 million of excess availability. Additionally, as of December 31, 2022 , the Company had $85.9 million and $32.4 million of surety bonds and bank guarantees outstanding, respectively, a portion of which was supported by $8.8 million of cash collateral. These letters of credit, surety bonds and bank guarantees relate to various operational matters, including insurance, bid, concession and performance bonds, as well as other items.

LEASES

LEASES	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
LEASES	LEASES The following table provides the components of ASC Topic 842 lease expense included within the Consolidated Statements of Loss for the years ended December 31, 2022, 2021 and 2020, respectively: Year Ended December 31, (In thousands) 2022 2021 2020 Operating lease expense $ 435,417 $ 462,452 $ 455,832 Variable lease expense 147,136 120,515 95,156 The following table provides the weighted-average remaining lease term and the weighted-average discount rate for the Company's operating leases as of December 31, 2022 and 2021, respectively: December 31, 2022 (1) December 31, Operating lease weighted-average remaining lease term (in years) 10.6 10.2 Operating lease weighted-average discount rate 7.23 % 6.48% (1) Excludes operating leases of the Company’s business in Switzerland, which is held for sale at December 31, 2022. The following table provides the Company’s future maturities of operating leases as of December 31, 2022: (In thousands) Future maturities of operating leases liabilities (1) : 2023 $ 356,042 2024 268,104 2025 227,576 2026 198,874 2027 173,261 Thereafter 1,064,071 Total lease payments $ 2,287,928 Less: Effect of discounting (755,857) Total operating lease liability $ 1,532,071 (1) Excludes future maturities of operating leases of the Company’s business in Switzerland, which is held for sale at December 31, 2022. The following table provides supplemental cash flow information related to leases: Year Ended December 31, (In thousands) 2022 2021 2020 Cash paid for amounts included in measurement of operating lease liabilities $ 449,795 $ 490,115 $ 442,256 Lease liabilities arising from obtaining right-of-use assets (1) 408,121 374,546 106,324 (1) Includes new leases entered into in each respective year presented.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Commitments The Company has various commitments under non-cancelable contracts, including contracts that meet the definition of a lease under ASC Topic 842, as previously described. Non-cancelable contracts that provide the supplier with a substantive substitution right regarding the property, plant and equipment used to fulfill the contract do not meet the definition of a lease for accounting purposes and have been included within non-lease non-cancelable contracts in the table below. Additionally, the Company has capital expenditure commitments relating to required purchases of property, plant, and equipment under certain transit and street furniture contracts, and certain of the Company’s contracts contain penalties for not fulfilling its commitments related to its obligations to build bus stops, kiosks and other public amenities or advertising structures. Historically, any such penalties have not materially impacted the Company’s financial position or results of operations. As of December 31, 2022 , the Company’s future minimum payments under non-lease non-cancelable contracts in excess of one year and capital expenditure commitments consisted of the following: (In thousands) Non-Lease Capital Non-Cancelable Expenditure Contracts Commitments Future minimum payments (1) : 2023 $ 274,966 $ 89,625 2024 238,512 26,458 2025 200,814 15,965 2026 129,991 5,741 2027 105,357 5,698 Thereafter 271,100 31,142 Total $ 1,220,740 $ 174,629 (1) Excludes future minimum payments related to the Company’s business in Switzerland, which is held for sale at December 31, 2022. Refer to Note 7 for the Company’s future maturities of operating lease liabilities as of December 31, 2022. Legal Proceedings The Company and its subsidiaries are involved in certain legal proceedings arising in the ordinary course of business and, as required, have accrued an estimate of the probable costs for the resolution of those claims for which the occurrence of loss is probable and the amount can be reasonably estimated. These estimates have been developed in consultation with counsel and are based upon an analysis of potential results, assuming a combination of litigation and settlement strategies. It is possible, however, that future results of operations for any particular period could be materially affected by changes in the Company’s assumptions or the effectiveness of its strategies related to these proceedings. Additionally, due to the inherent uncertainty of litigation, there can be no assurance that the resolution of any particular claim or proceeding would not have a material adverse effect on the Company’s financial condition or results of operations. Although the Company is involved in a variety of legal proceedings in the ordinary course of business, a large portion of the Company’s litigation arises in the following contexts: commercial disputes, employment and benefits related claims, land use and zoning, governmental fines, intellectual property claims and tax disputes. China Investigation Two former employees of Clear Media Limited, a former indirect, non-wholly-owned subsidiary of the Company, have been convicted in China of certain crimes, including the crime of misappropriation of Clear Media funds, and sentenced to imprisonment. The Company is not aware of any litigation, claim or assessment pending against the Company in relation to this proceeding. The Company advised both the SEC and the U.S. Department of Justice (the "DOJ") of the investigation of Clear Media and continues to cooperate with these agencies. Subsequent to the announcement that the Company was considering a strategic review of its stake in Clear Media, in March 2020, Clear Channel Outdoor Holdings received a subpoena from the staff of the SEC and a Grand Jury subpoena from the U.S. Attorney's Office for the Eastern District of New York, both in connection with the previously disclosed investigations. On April 28, 2020, the Company tendered the shares representing its 50.91% stake in Clear Media to Ever Harmonic Global Limited, a special-purpose vehicle wholly owned by a consortium of investors, which includes the chief executive officer and an executive director of Clear Media, and on May 14, 2020, the Company received the final proceeds of the sale. In connection with the sale of its shares in Clear Media, the Company entered into an Investigation and Litigation Support Agreement with Clear Media and Ever Harmonic that required Clear Media, if requested by the SEC and/or the DOJ, to use reasonable efforts to timely provide relevant factual information to the SEC and/or the DOJ, among other obligations. The Investigation and Litigation Support Agreement expired in March 2022. The SEC and DOJ investigation could implicate the books and records, internal controls and anti-bribery provisions of the U.S. Foreign Corrupt Practices Act, which statute and regulations provide for potential monetary penalties as well as criminal and civil sanctions. As previously disclosed, the Company is meeting with these agencies to engage in discussions about potential resolution of these matters, including potential settlement. Based on the discussions to date, the Company recorded an estimated liability during the first quarter of 2022 to account for a potential resolution of these matters. However, at this time, the Company cannot predict the eventual scope, duration or outcome of these discussions, including whether a settlement will be reached, the amount of any potential monetary payments or the scope of injunctive or other relief, the results of which may be materially adverse to the Company, its financial condition and its results of operations. At this time, the Company is unable to reasonably estimate, or provide any assurance regarding, the amount of any potential loss in excess of the amount accrued relating to this investigation. Other Contingencies In various areas in which the Company operates, out-of-home advertising is the object of restrictive and, in some cases, prohibitive zoning and other regulatory provisions, either enacted or proposed. The impact to the Company of loss of displays due to governmental action has been somewhat mitigated by Federal and state laws mandating compensation for such loss and constitutional restraints.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES Income Tax Benefit (Expense) Significant components of the provision for income tax benefit (expense) are as follows: (In thousands) Year Ended December 31, 2022 2021 2020 Current - federal $ (719) $ — $ — Current - state (2,146) (1,293) 337 Current - foreign (7,143) 4,239 (22,667) Total current benefit (expense) (10,008) 2,946 (22,330) Deferred - federal 61,095 25,830 62,167 Deferred - state 22,041 5,678 14,233 Deferred - foreign (1,296) 74 3,936 Total deferred benefit 81,840 31,582 80,336 Income tax benefit $ 71,832 $ 34,528 $ 58,006 In 2022, the Company recognized a current tax expense of $10.0 million, compared to current tax benefit of $2.9 million in 2021 and current tax expense of $22.3 million in 2020. The current tax expense for 2022 was primarily related to increased taxable income in various foreign tax jurisdictions compared to 2021. Current taxes in 2020 were primarily attributed to the $23.3 million of current tax expense related to the sale of the Company’s stake in Clear Media. In 2022, the Company recognized a deferred tax benefit of $81.8 million, compared to $31.6 million and $80.3 million in 2021 and 2020, respectively. The deferred tax benefit for 2022 was primarily driven by a partial release of the U.S valuation allowance due to the Company’s assessment of its deferred tax liabilities associated with billboard permits that will reverse in the future, thereby generating future taxable income for realization of U.S deferred tax assets. Prior to 2022, permits were treated as indefinite-lived intangible assets and were not amortized for financial reporting purposes. Refer to Note 2 for more information on the change in accounting estimate related to amortization of the Company’s permits. The foregoing deferred tax benefit was partially offset by $7.4 million of deferred tax expense arising from the Company’s execution of a definitive agreement to sell its business in Switzerland. In connection with the anticipated sale of its Swiss subsidiary, the Company recorded a U.S deferred tax liability of $12.5 million and a corresponding reduction in valuation allowance of $5.1 million. The deferred tax benefits for 2021 and 2020 were primarily driven by impairment charges on the Company’s then-indefinite-lived permits, which resulted in a reduction in the associated deferred tax liability without a corresponding change in valuation allowance. In 2020, this was partially offset by $23.6 million of deferred tax expense related to the sale of the Company’s stake in Clear Media. Deferred Taxes Significant components of the Company’s deferred tax liabilities and assets as of December 31, 2022 and 2021 are as follows: (In thousands) December 31, December 31, 2022 2021 Deferred tax liabilities: Operating lease right-of-use asset $ 368,627 $ 369,676 Intangibles assets (1) 334,935 320,469 Fixed assets 16,448 29,455 Investment in foreign subsidiaries 12,509 — Other 12,262 7,792 Total deferred tax liabilities 744,781 727,392 Deferred tax assets: Operating lease liabilities 381,353 376,424 Net operating loss carryforwards (2) 267,460 262,190 Interest expense carryforwards (3) 119,336 105,808 Accrued expenses 17,464 19,437 Stock-based compensation expense (4) 4,778 4,717 Credit loss provision 4,397 4,512 Pension plans 3,106 5,184 Other 21,169 21,020 Total deferred tax assets 819,063 799,292 Less: Valuation allowance (5) 317,950 396,479 Net deferred tax assets (6) 501,113 402,813 Net deferred tax liabilities $ 243,668 $ 324,579 (1) The deferred tax liabilities associated with intangible assets primarily relate to the differences in the financial reporting and tax basis of permits, permanent easements and tax-deductible goodwill. The Company categorizes permanent easements and goodwill as indefinite-lived intangible assets and therefore does not amortize its financial reporting basis in these assets. As a result, the deferred tax liability associated with these indefinite-lived intangible assets will not reverse over time unless the Company recognizes future impairment charges or sells these intangible assets. (2) At December 31, 2022, the Company had recorded deferred tax assets for net operating loss carryforwards (tax-effected) for federal and state income tax purposes of $84.3 million. The Company’s federal and certain state net operating losses carry forward indefinitely without expiration, while the remaining state net operating loss carryforwards expire in various amounts through 2042. At December 31, 2022, the Company had recorded $183.2 million (tax-effected) of deferred tax assets for foreign net operating loss carryforwards, the majority of which may be carried forward without expiration. (3) Section 163(j) of the Internal Revenue Code generally limits the deduction for business interest expense to 30% of adjusted taxable income and provides that any disallowed interest expense may be carried forward indefinitely. In applying the rules under Section 163(j), the Company made the election to be considered an operator of a “real property trade or business” and recorded a carryforward deferred tax asset for federal and state purposes related to interest expense limitations on its non-real property assets. (4) Full realization of the deferred tax assets related to stock-based compensation expense under ASC Subtopic 718-10 requires stock options to be exercised at a price equaling or exceeding the sum of the grant price plus the fair value of the option at the grant date and restricted stock to vest at a price equaling or exceeding the fair market value at the grant date. Accordingly, there can be no assurance that the stock price of the Company’s common stock will rise to levels sufficient to realize the entire deferred tax benefit currently reflected in the Company’s Consolidated Balance Sheet. See Note 13 for additional discussion of ASC Subtopic 718-10. (5) Due to the Company’s evaluation of all available evidence, including significant negative evidence of cumulative losses in the related jurisdictions, the Company continues to record valuation allowances on deferred tax assets that are not expected to be realized. As of December 31, 2022, the Company had valuation allowances of $69.1 million recorded against a portion of its federal and state deferred tax assets and $248.8 million recorded against its deferred tax assets in foreign jurisdictions. (6) The Company expects to realize the benefits of this portion of its deferred tax assets based upon its assessment of deferred tax liabilities that will reverse in the same carryforward period and jurisdiction and are of the appropriate character, as well as the Company's ability to generate future taxable income in certain tax jurisdictions. Any deferred tax liabilities associated with permanent easements and tax-deductible goodwill intangible assets are not relied upon as a source of future taxable income as these intangible assets have an indefinite life. Effective Tax Rate Loss before income taxes was as follows: (In thousands) Year Ended December 31, 2022 2021 2020 U.S. $ (77,153) $ (321,194) $ (481,300) Foreign (89,067) (146,454) (176,932) Total loss before income taxes $ (166,220) $ (467,648) $ (658,232) The reconciliation of income tax computed at the U.S. federal statutory rates to income tax benefit is: (In thousands) Year Ended December 31, 2022 2021 2020 Amount Percent Amount Percent Amount Percent Income tax benefit at statutory rates $ 34,906 21.0 % $ 98,206 21.0 % $ 138,229 21.0 % State income taxes, net of federal tax effect 3,683 2.2 % 10,088 2.2 % 13,812 2.1 % Foreign income taxes (27,141) (16.3) % (31,012) (6.6) % (56,865) (8.6) % Nondeductible items (6,004) (3.6) % (229) 0.0 % (1,047) (0.2) % Changes in valuation allowance and other estimates 79,352 47.7 % (45,710) (9.8) % (39,726) (6.0) % Investment in foreign subsidiaries (12,509) (7.5) % — — % — — % Other, net (455) (0.3) % 3,185 0.7 % 3,603 0.5 % Income tax benefit $ 71,832 43.2 % $ 34,528 7.4 % $ 58,006 8.8 % The Company recorded tax benefit of $71.8 million, $34.5 million and $58.0 million during 2022, 2021 and 2020, respectively. The effective tax rate of 43.2% in 2022 was primarily driven by a reduction in the valuation allowance due to the classification change of permit intangible assets from indefinite-lived to finite-lived for financial reporting purposes, partially offset by deferred tax expense recorded as a result of entering into a definitive agreement to sell the Company’s business in Switzerland, as previously described. The effective tax rates of 7.4% and 8.8% in 2021 and 2020, respectively, were largely impacted by the valuation allowance recorded against deferred tax assets resulting from losses and interest expense carryforwards in the U.S. and certain foreign jurisdictions due to uncertainty regarding the Company's ability to realize those assets in future periods. Additionally, during 2020, the Company recorded tax expense of $59.7 million as a result of the sale of the Company’s stake in Clear Media, with a net impact of $46.9 million after offset of the valuation allowance. Unrecognized Tax Benefits A reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows: (In thousands) Year Ended December 31, Unrecognized Tax Benefits 2022 2021 Balance at beginning of period $ 24,581 $ 33,743 Increases for tax position taken in the current year 2,455 2,145 Increases for tax positions taken in previous years 231 432 Decreases for tax position taken in previous years (683) (5,595) Decreases due to settlements with tax authorities (605) (5,166) Decreases due to lapse of statute of limitations (1) (417) (978) Liabilities held for sale (2) (658) — Balance at end of period $ 24,904 $ 24,581 (1) All federal income tax matters through 2018 are closed. Substantially all material state, local, and foreign income tax matters have been concluded for years through 2007. (2) Unrecognized tax benefits related to the Company’s business in Switzerland have been reclassified as held for sale on the Consolidated Balance Sheet as of December 31, 2022. Refer to Note 16 for additional information. The Company records interest and penalties related to unrecognized tax benefits in current income tax expense. At December 31, 2022 and 2021, the total amount of interest accrued was $5.1 million and $4.6 million, respectively, resulting in total unrecognized tax benefits, including accrued interest and penalties, of $30.0 million and $29.2 million, respectively. The unrecognized tax benefits, net of deposits on account with taxing authorities, are reflected on the Company’s Consolidated Balance Sheets as follows: $15.9 million and $16.0 million is included in “Other long-term liabilities” at December 31, 2022 and 2021, respectively. In addition, $14.1 million and $12.7 million of unrecognized tax benefits are netted with the Company’s deferred tax assets for its net operating loss carryforwards at December 31, 2022 and 2021, respectively. The total amount of unrecognized tax benefits at December 31, 2022 and 2021 that, if recognized, would impact the effective income tax rate was $13.4 million and $12.1 million, respectively.

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT	PROPERTY, PLANT AND EQUIPMENT The Company’s property, plant and equipment consisted of the following classes of assets as of December 31, 2022 and 2021: (In thousands) December 31, December 31, Structures $ 2,317,552 $ 2,356,245 Furniture and other equipment 244,154 251,084 Land, buildings and improvements 154,439 146,064 Construction in progress 80,567 54,361 Property, plant and equipment, gross 2,796,712 2,807,754 Less: Accumulated depreciation (2,009,164) (1,980,508) Property, plant and equipment, net $ 787,548 $ 827,246 Asset Acquisitions During 2022, the Company acquired billboard structures and land of $2.9 million and $8.2 million, respectively, as part of asset acquisitions. During 2021, the Company acquired billboard structures and land of $1.8 million and $2.2 million, respectively, as part of asset acquisitions. Depreciation Total depreciation expense related to property, plant and equipment for the years ended December 31, 2022 , 2021 and 2020 was $218.1 million, $230.7 million, and $247.5 million, respectively.

INTANGIBLE ASSETS AND GOODWILL

INTANGIBLE ASSETS AND GOODWILL	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS AND GOODWILL	INTANGIBLE ASSETS AND GOODWILL Intangible Assets The following table presents the gross carrying amount and accumulated amortization for each major class of intangible assets as of December 31, 2022 and 2021: (In thousands) December 31, 2022 December 31, 2021 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Permits (1) $ 739,119 $ (16,058) $ 717,666 $ — Transit, street furniture and other outdoor 420,838 (383,184) 446,976 (397,778) Permanent easements 160,688 — 161,079 — Trademarks 83,569 (30,889) 83,569 (22,560) Other 1,302 (1,203) 1,307 (1,145) Total intangible assets $ 1,405,516 $ (431,334) $ 1,410,597 $ (421,483) (1) During the fourth quarter of 2022, the Company concluded that due to changes in facts and circumstances, billboard permits, which were previously classified as indefinite-lived, are finite-lived and began to amortize permits on a straight-line basis over their estimated useful lives. Asset Acquisitions During 2022, the Company acquired permits and permanent easements of $48.4 million and $3.8 million, respectively, as part of asset acquisitions. During 2021, the Company acquired permits, permanent easements and contractual rights of $10.1 million, $2.3 million and $1.5 million, respectively, as part of asset acquisitions. Impairment Charges As described in Note 2, the Company performs its annual impairment test for indefinite-lived intangible assets as of July 1 of each year and more frequently as events or changes in circumstances warrant. As a result of these tests, the Company recognized total impairment charges on its then-indefinite-lived permits of $21.8 million, $119.0 million and $140.7 million during 2022, 2021 and 2020, respectively. The impairment charge in 2022 was due to rising interest rates and inflation, and the impairment charges in 2021 and 2020 were due to increases in the discount rate and expected negative financial statement impacts from COVID-19, respectively. Additionally, the Company’s annual impairment test as of July 1, 2022 resulted in an impairment charge of $0.9 million related to its permanent easements. The Company did not recognize impairments on any other intangible assets during 2021 or 2020. Amortization Total amortization expense related to finite-lived intangible assets for the years ended December 31, 2022 , 2021 and 2020 was $35.7 million, $22.5 million, and $22.0 million, respectively. The following table presents the Company’s estimate of future amortization expense; however, in the event that acquisitions and dispositions occur in the future, amortization expense may vary. (In thousands) 2023 $ 78,434 2024 78,430 2025 78,149 2026 77,422 2027 76,270 Thereafter 424,789 Total $ 813,494 Goodwill The following table presents changes in the goodwill balance for the Company’s segments: (In thousands) America Airports Europe-North Europe-South Other Consolidated Balance as of December 31, 2020 (1) $ 482,937 $ 24,882 $ 160,399 $ 41,419 $ — $ 709,637 Foreign currency — — (8,689) (2,244) — (10,933) Balance as of December 31, 2021 482,937 24,882 151,710 39,175 — 698,704 Held for sale — — — (19,825) — (19,825) Impairment — — — (16,870) — (16,870) Foreign currency — — (8,886) (2,480) — (11,366) Balance as of December 31, 2022 (1) $ 482,937 $ 24,882 $ 142,824 $ — $ — $ 650,643 (1) The balance at December 31, 2020 is net of cumulative impairments of $2.6 billion for America, $79.4 million for Europe-North, $112.0 million for Europe-South and $90.4 million for Other. Impairment Charges As described in Note 2, the Company performed its annual impairment test for goodwill as of July 1, 2022, which did not result in any goodwill impairment. Related to the planned disposal of the Company’s business in Switzerland, the Company allocated a portion of Europe’s goodwill balance to its Switzerland component based on the relative fair values of this component and the portion of the Europe reporting unit that will be retained. Additionally, in conjunction with the Company’s change to its reportable segments effective December 31, 2022, as described in Note 1, the Company tested its goodwill for impairment immediately before and after the segment change. The testing performed on the Company’s historical reporting units prior to the reallocation of goodwill did not identify impairment; however, the testing performed on the new reporting units subsequent to the reallocation resulted in an impairment charge of $16.9 million, representing the entire goodwill balance allocated to the Europe-South reporting unit, excluding assets held for sale. Due to the negative financial statement impacts of COVID-19, the Company recorded an impairment charge of $9.7 million during 2020, representing the entire goodwill balance in the Company's Latin America business. The Company concluded no goodwill impairment was required in 2021.

ASSET RETIREMENT OBLIGATIONS

ASSET RETIREMENT OBLIGATIONS	12 Months Ended
	Dec. 31, 2022
Asset Retirement Obligation Disclosure [Abstract]
ASSET RETIREMENT OBLIGATIONS	ASSET RETIREMENT OBLIGATIONS The following table presents the activity related to the Company’s asset retirement obligations: (In thousands) Years Ended December 31, 2022 2021 Beginning balance $ 50,381 $ 46,152 Additions and adjustments due to changes in estimates 2,675 4,815 Accretion of liability 3,537 4,253 Liabilities settled (3,951) (3,037) Foreign currency (1,801) (1,802) Liabilities held for sale (1) (733) — Ending balance $ 50,108 $ 50,381

STOCKHOLDERS' DEFICIT

STOCKHOLDERS' DEFICIT	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
STOCKHOLDERS' DEFICIT	STOCKHOLDERS’ DEFICIT Share-Based Compensation Share-Based Compensation Plans The Company has historically granted equity incentive awards to executive officers and other eligible participants under the 2012 Amended and Restated Stock Incentive Plan (the “2012 Stock Incentive Plan”). On May 5, 2021, the Company’s stockholders approved the adoption of the 2012 Second Amended and Restated Equity Incentive Plan (the “2021 Stock Incentive Plan”), which amends and restates the 2012 Stock Incentive Plan. The 2021 Stock Incentive Plan is a broad-based incentive plan that provides for granting stock options, stock appreciation rights, restricted stock, restricted stock units, and performance-based cash and stock awards to any of the Company’s or its subsidiaries’ present or future directors, officers, employees, consultants or advisors. As of December 31, 2022, the Company had 30,877,483 shares available for issuance under the 2021 Stock Incentive Plan, assuming a 100% payout of the Company’s outstanding performance stock units. Share-Based Compensation Expense Share-based compensation cost is measured at the grant date based on the fair value of the award and is recognized as expense on a straight-line basis over the vesting period. Share-based compensation expense, which is recognized within “Corporate expenses” on the Consolidated Statements of Loss, was as follows: (In thousands) Year Ended December 31, 2022 2021 2020 Restricted stock units and awards $ 15,934 $ 15,364 $ 10,819 Performance stock units 5,083 4,007 1,897 Stock options and other 131 27 519 Total share-based compensation expense $ 21,148 $ 19,398 $ 13,235 The tax benefit related to the share-based compensation expense for the years ended December 31, 2022, 2021 and 2020 was $5.4 million, $4.8 million and $3.3 million, respectively. As of December 31, 2022, there was $16.4 million of unrecognized compensation cost related to unvested share-based compensation arrangements that will vest based on service conditions. This cost is expected to be recognized over a weighted average period of approximately two years. Restricted Stock Units and Awards The Company grants both restricted stock units (“RSUs”) and restricted stock awards (“RSAs”) under its equity incentive plan. RSUs generally represent the right to receive shares upon vesting or, in some instances, may be settled in cash equal to the fair market value of the number of vested shares at the election of the compensation committee of the Board of Directors, and generally vest ratably in annual increments over a three-year period. RSAs represent shares of common stock that contain a legend which restricts their transferability for a term of up to five years. Both RSUs and RSAs are forfeited, except in certain circumstances, in the event the employee terminates his or her employment or relationship with the Company prior to the lapse of the restriction or prior to vesting. The following table presents a summary of the Company’s RSUs and RSAs outstanding at December 31, 2022 and related activity during the year: (Shares in thousands) Number of Weighted-Average Grant-Date Fair Value Outstanding, January 1, 2022 15,823 $ 1.95 Granted (1) 6,209 $ 2.58 Vested (8,340) $ 2.11 Forfeited (469) $ 2.00 Outstanding, December 31, 2022 13,223 $ 2.08 (1) The weighted-average grant-date fair value of the Company’s RSUs and RSAs granted during the years ended December 31, 2022, 2021 and 2020 was $2.58, $2.27 and $1.04 per share, respectively. Performance Stock Units The Company grants performance stock units (“PSUs”) under its equity incentive plan. PSUs represent the right to receive shares of the Company’s common stock, which vest and become earned based on the achievement of the Company’s total shareholder return relative to the Company’s peer group (the “Relative TSR”) over a three-year performance period. If the Company achieves Relative TSR at the 90 th percentile or higher, the PSUs will be earned at 150% of the target number of shares; if the Company achieves Relative TSR at the 60 th percentile, the PSUs will be earned at 100% of the target number of shares; and if the Company achieves Relative TSR at the 30 th percentile, the PSUs will be earned at 50% of the target number of shares. To the extent Relative TSR is between achievement levels, the portion of the PSUs that is earned will be determined using straight-line interpolation. PSUs, which are considered market-condition awards pursuant to ASC Topic 260, are measured at the grant-date fair value based on a Monte Carlo simulation model as of the grant date. The following assumptions were used to calculate the fair value of the Company’s PSUs on the date of grant: Years Ended December 31, 2022 2021 2020 Expected volatility 68.6% 65.8% 60.9% Risk-free interest rate 2.8% 0.3% 0.2% Expected dividend yield —% —% —% The following table presents a summary of the Company’s PSUs outstanding, assuming a 100% payout, at December 31, 2022 and related activity during the year: (Shares in thousands) Number of PSUs Weighted-Average Grant-Date Fair Value Outstanding, January 1, 2022 7,307 $ 1.71 Granted (1) 1,891 $ 2.69 Vested (1,524) $ 2.38 Forfeited (110) $ 1.50 Outstanding, December 31, 2022 7,564 $ 1.83 (1) The weighted-average grant-date fair value of the Company’s PSUs granted during the years ended December 31, 2022, 2021 and 2020 was $2.69, $2.55 and $1.00 per share, respectively. Stock Options The Company has historically granted options to purchase shares of its common stock to certain employees and directors of the Company and its affiliates under its equity incentive plan at no less than the fair value of the underlying stock on the date of grant. These options were granted for a term not exceeding ten years, are generally forfeited in the event the recipient terminates his or her employment or relationship with the Company or one of its affiliates, and vest solely on continued service over a period of up to five years. The equity incentive plan contains anti-dilutive provisions that permit an adjustment for any change in capitalization. The Company accounts for its share-based payments using the fair value recognition provisions of ASC Subtopic 718-10. The fair value of each option awarded was estimated on the date of grant using a Black-Scholes option-pricing model and amortized straight-line to expense over the vesting period. The Company does not estimate forfeitures at grant date, but rather elected to account for forfeitures when they occur. The following table presents a summary of the Company’s stock options outstanding at December 31, 2022 and related activity during the year: (In thousands, except per share data) Options Weighted-Average Exercise Price Weighted-Average Aggregate Outstanding, January 1, 2022 4,050 $ 5.45 5.0 years $ 37 Forfeited (6) $ 6.13 Expired (605) $ 4.83 Outstanding, December 31, 2022 3,439 $ 5.56 3.9 years $ — Exercisable 3,354 $ 5.53 3.9 years $ — Expected to vest (1) 85 $ 6.85 4.4 years $ — (1) The weighted-average grant date fair value of these unvested shares is $4.75 per share. Computation of Net Loss per Share The following table presents the computation of net loss per share for the years ended December 31, 2022, 2021 and 2020: (In thousands, except per share data) Year Ended December 31, 2022 2021 2020 Numerator: Net loss attributable to the Company – common shares $ (96,604) $ (433,815) $ (582,739) Denominator: Weighted average common shares outstanding – basic 474,362 468,491 464,522 Weighted average common shares outstanding – diluted 474,362 468,491 464,522 Net loss attributable to the Company per share of common stock: Basic $ (0.20) $ (0.93) $ (1.25) Diluted $ (0.20) $ (0.93) $ (1.25) Outstanding equity awards of 24.7 million, 26.1 million and 16.4 million for the years ended December 31, 2022, 2021 and 2020, respectively, were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive.

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
EMPLOYEE BENEFIT PLANS	EMPLOYEE BENEFIT PLANS Defined-Contribution Plans The Company’s U.S. employees are eligible to participate in a 401(k) savings plan. Under this plan, an employee can make pre-tax and post-tax contributions, subject to IRS limitations for Highly Compensated Employees, and the Company will match 50% of the employee’s first 5% of pay contributed to the plan, up to a maximum match of $5,000 per year. Employees vest in these Company matching contributions based upon their years of service to the Company. The Company recorded contributions to this plan of $2.9 million, $2.4 million and $2.5 million for the years ended December 31, 2022, 2021 and 2020, respectively, as a component of operating expenses. The Company’s international employees participate in retirement plans administered as a service by third-party administrators. The Company recorded contributions to these plans of $13.8 million, $10.1 million and $14.2 million for the years ended December 31, 2022, 2021 and 2020, respectively, as a component of operating expenses. Defined-Benefit Pension Plans The Company also maintains defined-benefit pension plans for employees in certain of the Company’s international markets. Benefits under the defined-benefit pension plans are typically based either on years of service and the employee’s compensation (generally during a fixed number of years immediately before retirement) or on annual credits. The range of assumptions used for the defined-benefit pension plans reflects the different economic environments within the various countries. Net Periodic Pension Cost (Benefit) The table below presents the components of net periodic pension cost (benefit) recognized in the Consolidated Statements of Loss: (In thousands) Year Ended December 31, 2022 2021 2020 Service cost $ 2,627 $ 2,135 $ 3,628 Interest cost 2,316 2,101 2,641 Expected return on plan assets (5,225) (5,039) (5,153) Amortization of actuarial losses 320 923 870 Amortization of prior service costs (289) (4,911) (301) Settlement loss — — 876 Curtailment/forfeiture gain (1) (969) (4,049) — Total net periodic pension cost (benefit) $ (1,220) $ (8,840) $ 2,561 (1) In 2021, some of the Company’s defined-benefit pension plans were curtailed related to the Company’s restructuring plan to reduce headcount in its Europe segment, resulting in a curtailment gain. The service cost component of net periodic pension cost (benefit) is reported in “Direct operating expenses” and “Selling, general and administrative expenses” on the Consolidated Statements of Loss, and the remaining components of net periodic pension cost (benefit) are reported in “ Other income (expense), net Projected Benefit Obligation and Fair Value of Plan Assets The following table presents the changes in the Company’s projected benefit obligation and the fair value of plan assets: (In thousands) Year Ended December 31, 2022 2021 Projected benefit obligation: Beginning balance, projected benefit obligation $ 193,802 $ 217,436 Service cost 2,627 2,135 Interest cost 2,316 2,101 Contributions by plan participants 900 896 Actuarial gain (1) (48,015) (9,184) Foreign exchange impact (14,914) (4,924) Benefits paid (7,039) (4,086) Plan amendments (2) — (4,604) Plan curtailment/forfeitures (3) (969) (5,968) Liabilities held for sale (4) (34,339) — Ending balance, projected benefit obligation $ 94,369 $ 193,802 Fair value of plan assets: Beginning balance, fair value of plan assets $ 169,906 $ 152,857 Actual return (loss) on plan assets (44,104) 17,787 Foreign exchange impact (14,293) (2,793) Contributions by Company 3,022 5,245 Contributions by plan participants 900 896 Benefits paid (7,039) (4,086) Assets held for sale (4) (30,791) — Ending balance, fair value of plan assets $ 77,601 $ 169,906 Under-funded status, net (5) $ (16,768) $ (23,896) (1) The actuarial gains in 2022 and 2021 represent the decrease to the projected benefit obligation resulting from changes in the actuarial assumptions used, primarily an increased discount rate. (2) In 2021, the Company amended one of its defined-benefit pension plans, resulting in a decrease to the projected benefit obligation. (3) In 2021, some of the Company’s defined-benefit pension plans were curtailed related to the Company’s restructuring plan to reduce headcount in Europe, resulting in a decrease to the projected benefit obligation. (4) The projected benefit obligation and plan assets related to the Company’s business in Switzerland have been reclassified as held for sale on the Consolidated Balance Sheet as of December 31, 2022. Refer to Note 16 for additional information. (5) Represents the net under-funded status of the Company’s defined-benefit pension plans. The related liability or asset for each plan, dependent upon whether it is under-funded or fully funded, is recorded within “Other long-term liabilities” or “Other assets,” respectively, on the Company’s Consolidated Balance Sheet. As of December 31, 2022 and 2021, the Company had $3.7 million and $10.0 million, respectively, reported in “Other assets.” The accumulated benefit obligation is the present value of benefits earned to date, assuming no future salary increases. The aggregate accumulated benefit obligation for the Company’s defined-benefit pension plans as of December 31, 2022 and 2021 was $90.2 million and $184.9 million, respectively. As of December 31, 2022 and 2021, the aggregate accumulated benefit obligation for the defined-benefit pension plans exceeded plan assets. Other Comprehensive Income (Loss) The following table presents the pre-tax net loss (gain) and the amortization of pre-tax net loss and prior service costs recognized in accumulated other comprehensive loss: (In thousands) Year Ended December 31, 2022 2021 2020 Beginning balance, accumulated other comprehensive loss $ 24,926 $ 50,985 $ 40,360 Net actuarial loss (gain) arising during the period 1,314 (21,932) 15,690 Amortization of net actuarial loss (320) (923) (870) Amortization of prior service costs 289 4,911 301 Plan amendments during the period — (4,604) — Other adjustments 509 (3,511) (4,496) Ending balance, accumulated other comprehensive loss $ 26,718 $ 24,926 $ 50,985 For the years ended December 31, 2022, 2021 and 2020, the total change in “Other comprehensive income (loss)” related to the impact of pensions on deferred income tax liabilities was $(0.4) million, $0.2 million and $(0.7) million, respectively. The following table presents the amounts in accumulated other comprehensive loss that have not yet been recognized as components of net periodic pension cost (benefit): (In thousands) Year Ended December 31, 2022 2021 2020 Unrecognized net actuarial loss $ 27,822 $ 26,729 $ 53,163 Unrecognized prior service cost (1,104) (1,803) (2,178) Total $ 26,718 $ 24,926 $ 50,985 Assumptions Used The following table presents the assumptions used to measure the net periodic pension cost (benefit) and the year-end projected benefit obligation: Year Ended December 31, 2022 2021 2020 Weighted-average assumptions used to measure net periodic pension cost (benefit): Discount rates 0.20% - 1.80% 0.00% - 1.30% 0.30% - 2.00% Expected long-term rates of return on plan assets 1.50% - 4.00% 1.50% - 3.90% 1.50% - 4.40% Rates of compensation increase 0.50% - 2.60% 0.50% - 2.30% 0.50% - 2.30% Weighted-average assumptions used to measure projected benefit obligation: Discount rates 0.30% - 4.65% 0.20% - 1.80% 0.00% - 1.30% Expected long-term rates of return on plan assets 2.00% - 6.80% 1.50% - 4.00% 1.50% - 3.90% Rates of compensation increase 1.00% - 3.75% 0.50% - 2.60% 0.50% - 2.30% Discount Rates The discount rate assumptions for jurisdictions for which rates are not determined by the government reflect the yields available on high-quality, fixed income debt instruments at the measurement date. A portfolio of high-quality corporate bonds is used to construct a yield curve. The cash flows from the Company’s expected benefit obligation payments are then matched to the yield curve to derive the discount rates. In certain countries, where the markets for high-quality long-term bonds are not generally as well developed, a portfolio of long-term government bonds is used as a base, to which a credit spread is added to simulate corporate bond yields at these maturities in the jurisdiction of each plan, as the benchmark for developing the respective discount rates. Expected Long-Term Rates of Return on Plan Assets Expected long-term rates of return on plan assets, a component of net periodic pension cost (benefit), are based on the calculated market-related value of plan assets and take into account long-term expectations for future returns and the investment policies and strategies of the respective plans. These rates of return are developed by the Company and are tested for reasonableness against historical returns. The use of expected long-term rates of return on plan assets may result in recognized pension income that is greater or less than the actual returns of those plan assets in any given year. Over time, however, the expected long-term rates of return are designed to approximate the actual long-term returns and therefore result in a pattern of income and cost recognition that more closely matches the pattern of the services provided by the employees. Differences between actual and expected returns are recognized as a component of net loss or gain in accumulated other comprehensive income (loss), which is amortized as a component of net periodic pension cost (benefit) over the service lives or life expectancy of the plan participants, depending on the plan, provided such amounts exceed certain thresholds provided by accounting standards. Rates of Compensation Increase and Mortality Rate The rates of compensation increase is determined by the Company, based upon its long-term plans for such increases. Mortality rate assumptions are based on life expectancy and death rates for different types of participants. Mortality rates are periodically updated based on actual experience. Defined-Benefit Pension Plan Assets The following tables present the fair value of each class of plan assets held by the Company’s defined-benefit pension plans, categorized by level of the fair value hierarchy, at December 31, 2022 and 2021: (In thousands) December 31, 2022 Level 1 (1) Level 2 (2) Level 3 Cash and short-term investments $ — $ 2,174 $ — Credit instruments — 10,493 — Equity securities — 45,864 — Real estate — 962 — Fixed income: Corporate bonds — 14,886 — Insurance contracts — 3,222 — Fair value of plan assets $ — $ 77,601 $ — (In thousands) December 31, 2021 Level 1 (1) Level 2 (2) Level 3 Cash and short-term investments $ 1,517 $ 17,620 $ — Credit instruments — 16,069 — Equity securities — 89,167 — Real estate — 8,908 — Fixed income: Corporate bonds — 32,718 — Insurance contracts — 3,907 — Fair value of plan assets $ 1,517 $ 168,389 $ — (1) Assets categorized as Level 1 are measured at fair value using unadjusted quoted prices in active markets for identical assets. (2) Assets categorized as Level 2 are measured at fair value using inputs other than quoted prices in active markets that are observable for the assets, either directly or indirectly. Expected Benefit Payments The following table presents the expected benefit payments to defined-benefit pension plan participants over the next ten years. These payments have been estimated based on the same assumptions used to measure the plans’ pension benefit obligation at December 31, 2022 and include benefits attributable to estimated future compensation increases, where applicable: (In thousands) Expected benefit payments (1) : 2023 $ 4,043 2024 4,040 2025 5,304 2026 4,910 2027 4,990 2028 - 2032 30,031 (1) Excludes expected benefit payments related to the Company’s business in Switzerland, which is held for sale at December 31, 2022. Plan Contributions It is the Company’s general practice to fund amounts for pensions sufficient to meet the minimum requirements set forth in applicable employee benefits laws and local tax laws. From time to time, the Company contributes additional amounts as it deems appropriate. The Company contributed $3.0 million, $5.2 million and $3.2 million to its defined-benefit pension plans during the years ended December 31, 2022, 2021 and 2020, respectively.

OTHER INFORMATION

OTHER INFORMATION	12 Months Ended
	Dec. 31, 2022
Other Income and Expenses [Abstract]
OTHER INFORMATION	OTHER INFORMATION Reconciliation of Cash, Cash Equivalents and Restricted Cash The following table reconciles cash and cash equivalents reported in the Consolidated Balance Sheets to cash, cash equivalents and restricted cash reported in the Consolidated Statements of Cash Flows: (In thousands) December 31, 2022 December 31, 2021 Cash and cash equivalents in the Balance Sheets $ 286,781 $ 410,767 Cash and cash equivalents included in Assets held for sale 569 — Restricted cash included in: Other current assets 2,763 1,685 Assets held for sale 512 — Other assets 8,057 7,519 Total cash, cash equivalents and restricted cash in the Statements of Cash Flows $ 298,682 $ 419,971 Accounts Receivable The following table discloses the components of “Accounts receivable, net” as reported in the Consolidated Balance Sheets: (In thousands) December 31, 2022 December 31, 2021 Accounts receivable $ 642,390 $ 666,888 Less: Allowance for credit losses (22,561) (23,772) Accounts receivable, net $ 619,829 $ 643,116 Accrued Expenses The following table discloses the components of “Accrued expenses” as of December 31, 2022 and 2021, respectively: (In thousands) As of December 31, 2022 2021 Accrued rent $ 159,591 $ 160,074 Accrued employee compensation and benefits 109,594 144,802 Accrued taxes 52,587 57,764 Accrued other 167,010 160,724 Total accrued expenses $ 488,782 $ 523,364 Consolidated Statements of Loss The following table discloses the components of “ Other income (expense), net December 31, 2022 , 2021 and 2020, respectively: (In thousands) Years Ended December 31, 2022 2021 2020 Foreign exchange gain (loss) $ (39,141) $ (3,981) $ 502 Equity in earnings of nonconsolidated affiliates 2,003 176 697 Other (1) 2,059 5,567 (1,369) Total other income (expense), net $ (35,079) $ 1,762 $ (170) (1) In 2021, other income was primarily comprised of gains related to our defined-benefit pension plans for employees, described further in Note 14.

HELD FOR SALE

HELD FOR SALE	12 Months Ended
	Dec. 31, 2022
Discontinued Operations and Disposal Groups [Abstract]
HELD FOR SALE	NOTE 16 - HELD FOR SALE On December 22, 2022, the Company announced the agreement to sell its business in Switzerland to Goldbach Group AG, an affiliate of TX Group AG, for CHF 86.0 million, or $92.7 million. The transaction is subject to regulatory approval, receipt of a customary tax ruling with respect to a transaction-related reorganization and other customary closing conditions and is expected to close in the second or third quarter of 2023, depending on satisfaction of the conditions to closing. The net assets of the Company’s Switzerland business are presented as held for sale on the Company's Balance Sheet as of December 31, 2022 and are recorded at the lower of their carrying value or fair value less cost to sell. The major categories of assets and liabilities held for sale were: (In thousands) December 31, Assets classified as held for sale: Cash and cash equivalents $ 569 Accounts receivable, net 11,938 Prepaid expenses 440 Other current assets 650 Structures, net 9,115 Other property, plant and equipment, net 2,328 Goodwill 19,825 Operating lease right-of-use assets 85,476 Other assets 1,199 Assets held for sale $ 131,540 Liabilities classified as held for sale: Accounts payable $ 636 Accrued expenses 14,301 Current operating lease liabilities 29,581 Other current liabilities 4,424 Non-current operating lease liabilities 57,059 Other long-term liabilities 5,160 Liabilities held for sale $ 111,161

SCHEDULE II VALUATION AND QUALI

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS	12 Months Ended
	Dec. 31, 2022
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS	SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS Allowance for Credit Losses (In thousands) Charges Balance at Adoption of to Costs, Write-off Balance Beginning ASU Expenses of Accounts at End of Description of period 2016-13 (1) and other Receivable Other (2) Period Year Ended December 31, 2020 $ 23,786 $ 7,181 $ 19,390 $ (4,911) $ (13,403) $ 32,043 Year Ended December 31, 2021 $ 32,043 $ — $ (2,727) $ (4,502) $ (1,042) $ 23,772 Year Ended December 31, 2022 $ 23,772 $ — $ 6,479 $ (6,926) $ (764) $ 22,561 (1) The Company adopted ASU 2016-13, Measurement of Credit Losses on Financial Instruments, as of January 1, 2020, which resulted in an increase in the allowance for credit losses balance, recorded as a cumulative-effect adjustment to retained earnings. (2) Other primarily includes foreign currency adjustments and divestiture activity related to the sale of the Company’s stake in Clear Media in 2020 and the Company’s definitive agreement to sell its business in Switzerland in 2022. Deferred Tax Asset Valuation Allowance (In thousands) Charges Balance at to Costs, Balance Beginning Expenses at end of Description of Period and other (1) Reversal (2) Adjustments (3) Period Year Ended December 31, 2020 $ 292,939 $ 96,422 $ (2,091) $ (36,379) $ 350,891 Year Ended December 31, 2021 $ 350,891 $ 74,837 $ (11,966) $ (17,283) $ 396,479 Year Ended December 31, 2022 $ 396,479 $ 33,125 $ (92,894) $ (18,760) $ 317,950 (1) The Company has recorded valuation allowances on deferred tax assets attributable to net operating losses in certain jurisdictions due to uncertainty of its ability to utilize these assets in future periods. During 2022, the Company recorded a valuation allowance of $33.1 million related to foreign deferred tax assets. (2) The Company reverses valuation allowances on deferred tax assets in the period in which, based on the weight of available evidence, it is more-likely-than-not that the deferred tax asset will be realized. In 2022, this was primarily driven by the classification change of permit intangible assets from indefinite-lived to finite-lived for financial reporting purposes. (3) The Company has adjusted certain valuation allowances as a result of changes in tax rates in certain jurisdictions, the expiration of carryforward periods for net operating loss carryforwards, and foreign exchange rate movements.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its subsidiaries, as well as entities for which the Company has a controlling financial interest or is the primary beneficiary. The Company reports noncontrolling interests in consolidated subsidiaries as a component of equity separate from the Company’s equity. Intercompany transactions have been eliminated in consolidation.
Foreign Currency	Foreign CurrencyResults of operations for foreign subsidiaries are translated into U.S. dollars using average exchange rates, and the assets and liabilities of foreign subsidiaries are translated into U.S. dollars using the exchange rates at the balance sheet date. The related translation adjustments are recorded within “Accumulated other comprehensive loss” within Stockholders’ Deficit on the Company’s Consolidated Balance Sheets. Foreign currency transaction gains and losses are recorded within “ Other income (expense), net
Use of Estimates	Use of Estimates The Company’s consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and reflect estimates and assumptions made by management that affect the amounts reported in the consolidated financial statements and accompanying notes. Such estimates and assumptions affect, among other things, the Company’s goodwill, long-lived assets and indefinite-lived intangible assets; operating lease right-of-use assets and operating lease liabilities; assessment of the annual effective tax rate; valuation of deferred income taxes and income tax contingencies; defined-benefit plan obligations; the allowance for credit losses; assessment of lease and non-lease contract expenses; measurement of compensation cost for bonus and other compensation plans; and litigation accruals. The Company bases its 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.
Presentation Changes	Presentation Changes In accordance with the segment change described in Note 1, the Company has revised its segment disclosures for prior periods to conform to the current period presentation. Additionally, certain prior period amounts in the Consolidated Statements of Cash Flows have been reclassified to conform to the 2022 presentation.
Assets and Liabilities Held for Sale	Assets and Liabilities Held for Sale The Company classifies assets and liabilities of a business as held for sale when the criteria prescribed by Accounting Standards Codification (“ASC”) Paragraph 205-20-45-1E are met, most notably when sale of the business is probable within the next year and it is unlikely there will be significant changes to the plan of sale. As described in Note 1, assets and liabilities of the Company’s business in Switzerland are presented as held for sale on the Company’s Consolidated Balance Sheet as of December 31, 2022. As such, these assets and liabilities have been excluded from relevant disclosures within these Notes to the Consolidated Financial Statements. Refer to Note 16 for disclosures about the Company's assets and liabilities held for sale.
Cash and Cash Equivalents and Restricted Cash	Cash and Cash Equivalents and Restricted Cash Cash and cash equivalents include all highly liquid investments with an original maturity of three months or less. Restricted cash is recorded in “Other current assets” and “Other assets” in the Company’s Consolidated Balance Sheets. Refer to Note 15 for a reconciliation of cash and cash equivalents reported in the Consolidated Balance Sheets to cash, cash equivalents and restricted cash reported in the Consolidated Statements of Cash Flows.
Financial Instruments	Financial Instruments The Company recognizes accounts receivable, accounts payable and debt in its Consolidated Balance Sheets at their carrying amounts. Due to their short maturities, the carrying amounts of accounts receivable and accounts payable approximate their fair values. Refer to Note 6 for the Company’s fair value measurement of debt.
Accounts Receivable Policies	Accounts Receivable Adoption of ASU 2016-13 As of January 1, 2020, the Company adopted Accounting Standards Update (“ASU”) 2016-13, Measurement of Credit Losses on Financial Instruments , and all subsequently issued related amendments, which changed the methodology used to recognize impairment of the Company’s accounts receivable. Under the ASU, financial assets are presented at the net amount expected to be collected, requiring immediate recognition of estimated credit losses expected to occur over the asset’s remaining life. This is in contrast to previous GAAP, under which credit losses were not recognized until it was probable that a loss had been incurred. The Company adopted the ASU on a modified-retrospective basis through a cumulative-effect adjustment to retained earnings as of January 1, 2020, resulting in a decrease to equity of $7.2 million, including $5.4 million related to Clear Media. The Company performed its expected credit loss calculation separately by segment based on historical accounts receivable write-offs, including consideration of then-existing economic conditions and COVID-19. Accounts Receivable Policies Accounts receivable are recorded when the Company has an unconditional right to payment, either because it has satisfied a performance obligation prior to receiving payment from the customer or has a non-cancelable contract that has been billed in advance in accordance with the Company’s normal billing terms. Accounts receivable are recorded at the invoiced amount, net of allowances for credit losses. The Company evaluates the collectability of its accounts receivable based on a combination of factors. In circumstances where it is aware of a specific customer’s inability to meet its financial obligations, it records a specific reserve to reduce the amounts recorded to what it believes will be collected. For all other customers, the Company applies historical write-off rates, net of recoveries, to outstanding accounts receivable balances by aging bucket to determine the expected credit loss. Credit loss expense (reversal) related to accounts receivable was $6.5 million, $(2.7) million, and $19.4 million during 2022, 2021, and 2020, respectively. The increase in credit loss expense in 2020 was primarily due to COVID-19, and we experienced a net credit loss reversal in 2021 related to our recovery from COVID-19. The Company believes its concentration of credit risk is limited due to the large number and the geographic diversification of its customers.
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment are stated at cost. Expenditures for maintenance and repairs are charged to operations as incurred, whereas expenditures for renewals and betterments are capitalized. Depreciation is computed using the straight-line method at rates that, in the opinion of management, are adequate to allocate the cost of such assets over their estimated useful lives, which are as follows: Structures — 3 to 20 years Furniture and other equipment — 2 to 20 years Buildings and improvements — 10 to 39 years Leasehold improvements — shorter of economic life or lease term assuming renewal periods, if appropriate
Indefinite-lived Permits and Other Intangible Assets	Permits The Company’s America segment has permits that are granted for the right to operate and maintain an advertising structure at a specified location as long as the structure is in compliance with the laws and regulations of each jurisdiction. The Company’s permits relate to land use approvals for billboards located on land the Company owns, leases, manages or for which it has acquired permanent easements. Permits are typically subject to annual renewals by the state and/or local government and are typically transferable or renewable for a minimal or no fee. However, if a structure is modified for any reason (for example, change in height or conversion of an advertising display from printed media to digital media), the state and/or local government may require a revised, additional or new permit for the modification. In such cases, the Company typically surrenders the existing permit concurrently with the approval of the requested modification. Historical Treatment as Indefinite-Lived Assets Historically, these permits primarily related to static assets and were accounted for as indefinite-lived intangible assets. As such, they were not subject to amortization but were tested for impairment at least annually, as of July 1 of each year, or whenever events or changes in circumstances indicated that it was more likely than not that the carrying amount of the asset exceeded its fair value. The impairment test consisted of a comparison of the fair value of the intangible assets at the market level with their carrying amounts. If the carrying amounts exceeded the fair value, an impairment loss was recognized equal to that excess, and the adjusted carrying amount of the indefinite-lived asset became its new accounting basis. In accordance with ASC Section 805-20-S99, the fair values of the indefinite-lived assets were determined using the direct valuation method, which assumes that rather than acquiring indefinite-lived intangible assets as part of a going concern business, the buyer hypothetically develops these assets and builds a new operation with similar attributes from scratch. Thus, the buyer incurs start-up costs during the build-up phase that are normally associated with going concern value. Initial capital costs are deducted from the discounted cash flow model to calculate the value that is directly attributable to the indefinite-lived intangible assets. In its application of the direct valuation method, the Company forecasted revenue, expenses and cash flows over a ten-year period for each of its markets and also calculated a “normalized” residual year, which represented the perpetual cash flows of each market. The residual year cash flow was then capitalized to arrive at the terminal value of the permits in each market. The key assumptions used by the Company in its direct valuation of indefinite-lived permits were market revenue growth rates, market share, profit margin, duration and profile of the build-up period, estimated start-up capital costs and losses incurred during the build-up period, the risk-adjusted discount rate and terminal values. This data was populated using industry-normalized information representing an average billboard permit within a market, and the Company engaged a third-party valuation firm to assist with the development of its assumptions used to determine of the fair value of the permits. As a result of these impairment tests, the Company recognized impairment charges Change in Accounting Estimate During the fourth quarter of 2022, the Company concluded that due to changes in facts and circumstances, these permits should no longer have an indefinite useful life and should start being amortized. Specifically, as the Company plans to accelerate the digitization of its network of billboard assets as a key component of its business strategy, the estimated useful lives of the original permits (applicable to the static assets) are no longer indefinite. As such, beginning in the fourth quarter of 2022, the Company began to amortize its permits on a straight-line basis over their estimated useful lives, which range from 8 to 17 years depending upon the market. This change in accounting estimate resulted in $16.1 million of amortization expense during the fourth quarter of 2022, resulting in a reduction of the same amount to consolidated net loss and a reduction of $0.03 to net loss per share of common stock. The Company expects a similar impact in future quarters, assuming no material permit acquisitions or dispositions. Other Intangible Assets Other intangible assets include transit, street furniture and other outdoor contractual rights; permanent easements; trademarks; and other miscellaneous intangible assets. • The Company’s transit, street furniture and other contractual rights are finite-lived intangible assets that are recorded at cost and amortized over the shorter of either the respective lives of the agreements or over the period of time the assets are expected to contribute directly or indirectly to the Company’s future cash flows. The Company periodically reviews the appropriateness of the amortization periods related to these finite-lived intangible assets. • Permanent easements are indefinite-lived intangible assets that include certain rights to use real property not owned by the Company and are tested for impairment at least annually, as of July 1. • The Company’s trademarks were received as part of the Company’s separation from iHeartCommunications, Inc. on May 1, 2019 and have a useful life of ten years. The Company tests for possible impairment of other intangible assets whenever events and circumstances indicate that they might be impaired and the undiscounted cash flows estimated to be generated by those assets are less than their carrying amounts. When a specific asset is determined to be unrecoverable, the cost basis of the asset is reduced to reflect the current fair market value. As a result of its impairment tests, the Company recorded $0.9 million of impairment charges on its permanent easements during 2022. The Company did not recognize impairments on any other intangible assets during 2021 or 2020.
Change in Accounting Estimate	Change in Accounting Estimate During the fourth quarter of 2022, the Company concluded that due to changes in facts and circumstances, these permits should no longer have an indefinite useful life and should start being amortized. Specifically, as the Company plans to accelerate the digitization of its network of billboard assets as a key component of its business strategy, the estimated useful lives of the original permits (applicable to the static assets) are no longer indefinite. As such, beginning in the fourth quarter of 2022, the Company began to amortize its permits on a straight-line basis over their estimated useful lives, which range from 8 to 17 years depending upon the market. This change in accounting estimate resulted in $16.1 million of amortization expense during the fourth quarter of 2022, resulting in a reduction of the same amount to consolidated net loss and a reduction of $0.03 to net loss per share of common stock. The Company expects a similar impact in future quarters, assuming no material permit acquisitions or dispositions.
Asset Acquisitions	Asset Acquisitions The Company accounts for transactions that meet the definition of asset group purchases as asset acquisitions and allocates the acquisition purchase price to the assets acquired at their estimated relative fair values at the date of acquisition, which is typically determined by using either discounted cash flow valuation methods or estimates of replacement costs. During 2022 and 2021, the Company completed several acquisitions of out-of-home advertising assets for total cash consideration of $62.0 million and $18.5 million, respectively. These asset acquisitions included a combination of billboard structures, land, permits and permanent easements. Refer to Notes 10 and 11 for additional disclosures about these acquisitions.
Goodwill	Goodwill The Company has previously recorded goodwill in conjunction with business combinations, and it performs an annual impairment test of its goodwill balance on July 1 of each year. In accordance with ASC Subtopic 350-20, the carrying amount of each reporting unit (including goodwill) is compared to its fair value, and any excess is recorded as a goodwill impairment charge, limited to the total amount of goodwill allocated to the reporting unit. The Company identifies its reporting units in accordance with ASC Subtopic 350-20 and uses a discounted cash flow model to determine the fair value of each reporting unit, which requires the Company to estimate future cash flows expected to be generated from the reporting unit, discounted to their present value using a risk-adjusted discount rate. Terminal values are also estimated and discounted to their present value. Assessing the recoverability of goodwill requires the Company to make estimates and assumptions about sales, operating margins, growth rates and discount rates based on its budgets, business plans, economic projections, anticipated future cash flows and marketplace data. Before Segment Change Historically, each of the Company’s advertising markets was considered a component of the Company. For purposes of the goodwill test, the U.S. advertising markets within the Company’s Americas segment were aggregated into a single reporting unit, Americas; the countries within the Company’s Europe segment were aggregated into a single reporting unit, Europe; and the countries within our Latin America operating segment were aggregated into a single reporting unit, Latin America. Prior to the sale of Clear Media, the Company also had a China reporting unit. As a result of its impairment tests, the Company recognized an impairment charge of $9.7 million during 2020, representing the entire goodwill balance in the Company’s Latin America reporting unit. No goodwill impairment was recorded in 2022 or 2021. Related to the planned disposal of the Company’s business in Switzerland, as described in Note 1, the Company allocated a portion of Europe’s goodwill balance to its Switzerland component based on the relative fair values of this component and the portion of the Europe reporting unit that will be retained, in accordance with ASC Section 350-20-40. This goodwill is reported in the “Assets held for sale” line of the Consolidated Balance Sheet at December 31, 2022. Refer to Note 16 for additional details. After Segment Change In conjunction with the Company’s change to its reportable segments effective December 31, 2022, as described in Note 1, the Company revised its reporting units to be as follows: America, Airports, Europe-North, Europe-South, Latin America and Singapore. In accordance with ASC Paragraph 350-20-35-45, the Company applied the relative fair value approach to allocate its existing goodwill (excluding the goodwill allocated to Switzerland, which is classified as held for sale) to these new reporting units as of December 31, 2022. Based on the fair value of each new reporting unit, which the Company determined with assistance from a valuation specialist, goodwill previously allocated to the historical Americas reporting unit was allocated to the new America and Airports reporting units, and goodwill previously allocated to the historical Europe reporting unit was allocated to the new Europe-North and Europe-South reporting units. Our Latin America reporting unit was not impacted by the reorganization and does not have any associated goodwill. The Company tested its goodwill for impairment immediately before and after the segment change and reallocation. The testing performed on the Company’s historical reporting units prior to the reallocation did not identify impairment; however, the testing performed on the new reporting units subsequent to the reallocation resulted in an impairment charge of $16.9 million, representing the entire goodwill balance allocated to the Europe-South reporting unit, excluding assets held for sale. Refer to Note 11 for additional disclosures about the Company's goodwill.
Leased Assets	Leased Assets The Company enters into contracts to use land, buildings and office space, structures, and other equipment such as automobiles and copiers. Some of these contracts enable the Company to display advertising on buses, bus shelters, trains and other private or municipal assets. Additionally, most of the Company’s advertising structures are located on leased land. Arrangements involving the use of property, plant and equipment are evaluated at inception to determine whether they contain a lease under ASC Topic 842. The majority of the Company’s transit contracts do not meet the definition of a lease under ASC Topic 842 due to substantive substitution rights within those contracts. The Company's leases are primarily operating leases, including land lease contracts and lease contracts for the use of space on floors, walls and exterior locations on buildings. The land leases typically have initial terms ranging up to 20 years with options to renew, and rental payments generally escalate at a defined rate. Land leases are typically paid in advance for periods ranging up to 12 months, although some of our international land leases are paid in advance for longer periods or in arrears. Certain of the Company's street furniture contracts also meet the definition of an operating lease. Most international street furniture display faces are operated through contracts with municipalities, which typically have terms ranging up to 15 years. Operating leases are reflected on the Company’s Consolidated Balance Sheets as “Operating lease right-of-use assets,” and the related short-term and long-term liabilities are included within “Current operating lease liabilities” and “Non-current operating lease liabilities,” respectively. Right-of-use (“ROU”) assets represent the right to use an underlying asset for the lease term, and lease liabilities represent the obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at lease commencement based on the present value of lease payments over the lease term, and lease expense is recognized on a straight-line basis over the lease term. The Company’s finance leases are included within “Property, plant and equipment” on the Consolidated Balance Sheets, and the related short-term and long-term liabilities are included within “Current portion of long-term debt” and “Long-term debt,” respectively. Expenditures for maintenance are charged to operations as incurred. Certain of the Company’s operating lease agreements include rental payments that are based on a percentage of revenue, and others include rental payments that are adjusted periodically for inflationary changes. Percentage rent contracts, in which lease expense is calculated as a percentage of advertising revenue, and payments due to changes in inflationary adjustments are included within variable rent expense, which is accounted for separately from periodic straight-line lease expense. Amounts related to insurance and property taxes in lease arrangements when billed on a pass-through basis are allocated to the lease and non-lease components of the lease based on their relative standalone selling prices. The Company is commonly assessed VAT on its international contracts, which is treated as a non-lease component. Many of the Company’s operating lease contracts permit the Company to continue operating the leased assets after the rights and obligations of the lease agreements have expired. Such contracts are not considered to be leases after they expire, and future expected payments are not included in operating lease liabilities or ROU assets. Additionally, many of the Company's leases entered into in connection with advertising structures provide options to extend the terms of the agreements. Renewal periods are generally excluded from minimum lease payments when calculating lease liabilities as the Company does not consider exercise of such options to be reasonably certain for most leases. Therefore, unless exercise of a renewal option is considered reasonably certain, the optional terms and payments are not included within the lease liability. The Company’s lease agreements do not contain material residual value guarantees or material restrictive covenants. The implicit rate within the Company’s lease agreements is generally not determinable. As such, the Company uses the incremental borrowing rate (“IBR”) to determine the present value of lease payments at the commencement of the lease. The IBR, as defined in ASC Topic 842, is the rate of interest that a lessee would have to pay to borrow on a collateralized basis over a similar term at an amount equal to the lease payments in a similar economic environment.
Asset Retirement Obligations	Asset Retirement Obligations ASC Subtopic 410-20 requires the Company to estimate its obligation to dismantle and remove its advertising structures from leased land and to reclaim the site to its original condition upon the termination or non-renewal of a lease or contract. The Company’s asset retirement obligation is reported in “Other long-term liabilities” on the Company’s Consolidated Balance Sheets. The Company records the present value of obligations associated with the retirement of its advertising structures in the period in which the obligation is incurred. An estimate of third-party cost information is used with respect to the dismantling of the structures and the reclamation of the site. The calculation assumes that the related assets will be removed at some period over the next 50 years, and the interest rate used to calculate the present value of such costs over the retirement period is based on an estimated risk-adjusted credit rate for the same period. When the liability is recorded, the cost is capitalized as part of the related advertising structure’s carrying value. Over time, accretion of the liability is recognized as an operating expense, and the capitalized cost is depreciated over the expected useful life of the related asset.
Revenue Recognition	Revenue Recognition The Company generates revenue primarily from the sale of advertising space on printed and digital out-of-home advertising displays, which may be sold as individual units or as a network package. These contracts typically cover periods of a few weeks to one year, although there are some with longer terms. Revenue contracts in our America and Airports segments are generally cancelable after a specified notice period, and revenue contracts in our international businesses are generally non-cancelable or require the customer to pay a fee to terminate the contract. Certain of these revenue transactions are considered leases for accounting purposes as the contracts convey to customers the right to control the use of the Company’s advertising displays for a period of time. To qualify as a lease, fulfillment of the contract must be dependent upon the use of a specified advertising structure, the customer must have almost exclusive use of the advertising display throughout the contract term, and the customer must also have the right to change the advertisement that is displayed throughout the contract term. The Company accounts for revenue from leases, which are all classified as operating leases, in accordance with ASC Topic 842, while the Company’s remaining revenue transactions are accounted for as revenue from contracts with customers in accordance with ASC Topic 606. Revenue from Leases Under ASC Topic 842, the Company elected a practical expedient to not separate non-lease components from associated lease components if certain criteria are met. As such, each right to control the use of an advertising display that meets the lease criteria is combined with the related installation and maintenance services provided under the contract into a single lease component. Production services, which do not meet the criteria to be combined, and each advertising display that does not meet the lease criteria (along with any related installation and maintenance services) are non-lease components. Consideration in out-of-home advertising contracts is allocated between lease and non-lease components in proportion to their relative standalone selling prices, which are generally approximated by the contractual prices for each promised service. Revenue from Contracts with Customers The Company recognizes revenue when or as it satisfies a performance obligation by transferring a promised good or service to a customer. Revenue from the sale of advertising space on displays is generally recognized ratably over the term of the contract as the advertisement is displayed. The Company also generates revenue from production and creative services, which are distinct from the advertising display services, and related revenue is recognized at the point in time the Company installs the advertising copy at the display site. The Company recognizes revenue in amounts that reflect the consideration it expects to receive in exchange for transferring goods or services to customers, excluding sales taxes and other similar taxes collected on behalf of governmental authorities (the “transaction price”). When this consideration includes a variable amount, the Company estimates the amount of consideration it expects to receive and only recognizes revenue to the extent that it is probable it will not be reversed in a future reporting period. Because the transfer of promised goods and services to the customer is generally within a year of scheduled payment from the customer, the Company is not typically required to consider the effects of the time value of money when determining the transaction price. Advertising revenue is reported net of agency commissions. In order to appropriately identify the unit of accounting for revenue recognition, the Company determines which promised goods and services in a contract with a customer are distinct and are therefore separate performance obligations. If a promised good or service does not meet the criteria to be considered distinct, it is combined with other promised goods or services until a distinct bundle of goods or services exists. For revenue arrangements that contain multiple distinct goods or services, the Company allocates the transaction price to these performance obligations in proportion to their relative standalone selling prices. The Company has concluded that the contractual prices for the promised goods and services in its standard contracts generally approximate management’s best estimate of standalone selling price as the rates reflect various factors such as the size and characteristics of the target audience, market location and size, and recent market selling prices. However, where the Company provides customers with free or discounted services as part of contract negotiations, management uses judgment to determine how much of the transaction price to allocate to these performance obligations. The Company receives payments from customers based on billing schedules that are established in its contracts, and deferred revenue is recorded when payment is received from a customer before the Company has satisfied the performance obligation or a non-cancelable contract has been billed in advance in accordance with the Company’s normal billing terms. America and Airports contracts are generally billed monthly in advance, and contracts related to our international businesses include a combination of advance billings and billings upon completion of service. Refer to Note 5 for additional disclosures about the Company’s revenue. Contract Costs Incremental costs of obtaining a contract primarily relate to sales commissions, which are included in “Selling, general and administrative expenses” on the Company’s Consolidated Statements of Loss and are generally commensurate with sales. These costs are generally expensed when incurred because the period of benefit is one year or less.
Share-Based Compensation	Share-Based CompensationUnder the fair value recognition provisions of ASC Subtopic 718-10, share-based compensation cost is measured at the grant date based on the fair value of the award. For awards that vest based on service conditions, this cost is recognized as expense on a straight-line basis over the requisite service period. For awards that vest based on performance conditions, this cost is recognized over the requisite service period if it is probable that the performance conditions will be satisfied. For awards that vest based on market conditions, this cost is recognized over the requisite service period regardless of whether the market condition is met. Determining the fair value of share-based awards at the grant date requires assumptions and judgments, such as expected volatility, among other factors.
Income Taxes	Income Taxes The Company accounts for income taxes using the liability method. Under this method, deferred tax assets and liabilities are determined based on differences between the financial reporting basis and tax basis of assets and liabilities and are measured using the enacted tax rates expected to apply to taxable income in the periods in which the deferred tax asset or liability is expected to be realized or settled. Deferred tax assets are reduced by valuation allowances if the Company believes it is more likely than not that some portion or the entire asset will not be realized. With the exception of the U.S deferred tax liability recorded on the outside basis difference in our Swiss subsidiary, the Company has not provided U.S. federal income taxes for temporary differences with respect to investments in foreign subsidiaries, which in most jurisdictions resulted in tax basis amounts greater than the financial reporting basis at December 31, 2022 .
New Accounting Pronouncements Recently and Not Yet Adopted	New Accounting Pronouncements Recently Adopted Government Assistance In November 2021, the FASB issued ASU 2021-10, Disclosures by Business Entities about Government Assistance , which requires certain annual disclosures about government assistance received by a business entity. The Company adopted this ASU prospectively as of January 1, 2022. Refer to Note 1 for related disclosures. Reference Rate Reform For the last several years, there has been an ongoing effort amongst regulators, standard setters, financial institutions and other market participants to replace interbank offered rates, including the London Interbank Offered Rate (“LIBOR”), with alternative reference rates. In the U.S., the Alternative Reference Rates Committee has formally recommended forward-looking Secured Overnight Financing Rate (“SOFR”) term rates as the replacement for USD LIBOR, while various other risk-free rates have been selected to replace LIBOR for other currencies. After December 31, 2021, the ICE Benchmark Administration, LIBOR’s administrator, ceased publication of certain LIBOR rates, and the remaining USD LIBOR rates will be published through June 30, 2023. In connection with the phasing-out of LIBOR, at the end of 2021 the Company agreed with the lenders under its Senior Secured Credit Agreement to no longer request borrowings in Sterling Pounds or Euros. In February 2023, the Company amended its Term Loan Facility to replace the LIBOR reference rate with SOFR plus a credit spread adjustment. The Company does not expect this amendment to have a material impact on its consolidated financial statements. The Company continues to work with the administrative agents of its Revolving Credit Facility and Receivables-Based Credit Facility to agree on replacement rates for those agreements. In March 2020, the FASB issued ASU 2020-04, Facilitation of the Effects of Reference Rate Reform on Financial Reporting , in order to ease the potential burden of accounting for reference rate reform initiatives. The update provides temporary optional expedients and exceptions for applying GAAP contract modification accounting to contracts and other transactions affected by reference rate reform if certain criteria are met. In December 2022, the FASB issued ASU 2022-06, Deferral of the Sunset Date of Topic 848 , which extends the ability to apply this relief through December 31, 2024. We have elected to use the optional expedients for modifications to replace reference rates in contracts that are within scope of ASC Topic 470, Debt . As such, the amendments to our debt agreements will be accounted for as a continuation of the original contract rather than an extinguishment of the original contract and issuance of a new contract.

SEGMENT DATA (Tables)

SEGMENT DATA (Tables)	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Schedule of Reportable Segment Results	The following tables present the Company’s reportable segment results for the years ended December 31, 2022, 2021 and 2020. The Company has revised its segment disclosures for prior periods to conform to the current period presentation. (In thousands) Year Ended December 31, 2022 2021 2020 Revenue America $ 1,105,552 $ 1,013,290 $ 853,183 Airports 256,402 160,330 123,789 Europe-North 566,119 517,990 406,783 Europe-South 467,106 472,360 385,326 Other (1) 85,955 77,148 85,527 Total $ 2,481,134 $ 2,241,118 $ 1,854,608 Capital Expenditures America $ 79,529 $ 56,898 $ 50,665 Airports 25,298 11,600 5,647 Europe-North 34,025 36,914 16,424 Europe-South 29,011 25,362 26,599 Other (1) 4,571 4,884 12,121 Corporate 12,245 12,348 12,706 Total $ 184,679 $ 148,006 $ 124,162 Segment Adjusted EBITDA America $ 499,390 $ 463,410 $ 315,001 Airports 60,864 36,894 4,871 Europe-North 103,654 53,981 2,677 Europe-South 15,201 (9,205) (60,040) Other (1) 12,330 4,884 (32,235) Total $ 691,439 $ 549,964 $ 230,274 (In thousands) Year Ended December 31, 2022 2021 2020 Reconciliation of Segment Adjusted EBITDA to Consolidated Net Loss Before Income Taxes Segment Adjusted EBITDA $ 691,439 $ 549,964 $ 230,274 Less reconciling items: Corporate expenses (2) 157,915 156,181 137,297 Depreciation and amortization 253,809 253,155 269,421 Impairment charges 39,546 118,950 150,400 Restructuring and other costs (3) 6,244 38,501 19,184 Other operating expense (income), net 2,386 (627) (53,614) Interest expense, net 362,680 350,457 360,259 Other reconciling items (4) 35,079 100,995 5,559 Consolidated net loss before income taxes $ (166,220) $ (467,648) $ (658,232) (1) Other includes the Company's operations in Latin America, Singapore and, for periods prior to the disposition of the Company's stake in Clear Media on April 28, 2020, China. Refer to Note 1 for additional details related to this disposition. (2) Corporate expenses include expenses related to infrastructure and support, including information technology, human resources, legal, finance and administrative functions of each of the Company’s reportable segments, as well as overall executive, administrative and support functions. Share-based payments and certain restructuring and other costs are recorded in corporate expenses. (3) The restructuring and other costs line item in this reconciliation excludes those restructuring and other costs related to corporate functions, which are included with the Corporate expenses line item. (4) Other reconciling items includes Loss on extinguishment of debt and Other expense (income), net.

COST-SAVINGS INITIATIVES (Table

COST-SAVINGS INITIATIVES (Tables)	12 Months Ended
	Dec. 31, 2022
Restructuring and Related Activities [Abstract]
Restructuring and Related Costs	The following table presents net costs incurred (reversed) in the Company’s Europe-North and Europe-South segments in connection with the Europe portion of the restructuring plan during the years ended December 31, 2022, 2021 and 2020 and since the plan was initiated: Year Ended December 31, Total to date (In thousands) 2022 2021 2020 December 31, Costs incurred (reversed) in Europe-North segment, net: Direct operating expenses $ — $ 31 $ 1,318 $ 1,349 Selling, general and administrative expenses — 2 1,875 1,877 Total charges, net $ — $ 33 $ 3,193 $ 3,226 Costs incurred (reversed) in Europe-South segment, net: Direct operating expenses $ (522) $ 14,284 $ 1,064 $ 14,826 Selling, general and administrative expenses 1,788 16,483 4,102 22,373 Total charges, net $ 1,266 $ 30,767 $ 5,166 $ 37,199 As of December 31, 2022, the remaining liability related to these restructuring plans was $7.2 million. The Company expects to pay most of this balance by the end of the second quarter of 2023. The following table presents changes in the liability balance during the years ended December 31, 2022, 2021 and 2020: (In thousands) America Airports Europe-North Europe-South Other Corporate Total Liability balance as of December 31, 2019 $ — $ — $ — $ — $ — $ — $ — Costs incurred (1) 2,816 392 3,193 5,166 495 2,529 14,591 Costs paid or otherwise settled (523) (152) (1,786) (4,118) (495) (1,711) (8,785) Liability balance as of December 31, 2020 2,293 240 1,407 1,048 — 818 5,806 Costs incurred (1) — — 33 30,767 — 1,077 31,877 Costs paid or otherwise settled (2,293) (240) (1,440) (7,955) — (1,439) (13,367) Liability balance as of December 31, 2021 — — — 23,860 — 456 24,316 Costs incurred (reversed), net (1) — — — 1,266 — (456) 810 Costs paid or otherwise settled — — — (16,523) — — (16,523) Foreign currency impact — — — (1,400) — — (1,400) Liability balance as of December 31, 2022 $ — $ — $ — $ 7,203 $ — $ — $ 7,203

REVENUE (Tables)

REVENUE (Tables)	12 Months Ended
	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Revenue from External Customers by Geographic Areas	The following table shows revenue from contracts with customers, revenue from leases and total revenue, disaggregated by geography, for the years ended December 31, 2022, 2021 and 2020: (In thousands) Revenue from contracts with customers Revenue from Total Revenue Year Ended December 31, 2022 U.S. (1) $ 698,250 $ 663,704 $ 1,361,954 Europe (2) 953,914 79,311 1,033,225 Other (3) 64,864 21,091 85,955 Total $ 1,717,028 $ 764,106 $ 2,481,134 Year Ended December 31, 2021 U.S. (1) $ 568,231 $ 605,389 $ 1,173,620 Europe (2) 896,329 94,021 990,350 Other (3) 56,634 20,514 77,148 Total $ 1,521,194 $ 719,924 $ 2,241,118 Year Ended December 31, 2020 U.S. (1) $ 488,682 $ 488,290 $ 976,972 Europe (2) 702,796 89,313 792,109 Other (3) 69,234 16,293 85,527 Total $ 1,260,712 $ 593,896 $ 1,854,608 (1) U.S. revenue, which also includes revenue derived from airport displays in the Caribbean, is comprised of revenue from the Company’s America and Airports segments. (2) Europe revenue is comprised of revenue from the Company’s Europe-North and Europe-South segments. Europe total revenue for the years ended December 31, 2022, 2021 and 2020 includes revenue from France of $256.6 million, $264.9 million and $215.0 million, respectively. (3) Other includes the Company’s businesses in Latin America, Singapore and, for periods prior to the disposition of the Company’s stake in Clear Media on April 28, 2020, China. Other total revenue for the year ended December 31, 2020 includes revenue from Latin America and Singapore of $56.2 million.
Contract with Customer, Asset and Liability	The following tables show the Company’s beginning and ending accounts receivable and deferred revenue balances from contracts with customers: (In thousands) Year Ended December 31, 2022 (1) 2021 (2) 2020 (3) Accounts receivable, net of allowance, from contracts with customers Beginning balance $ 492,706 $ 349,799 $ 581,555 Ending balance 480,016 492,706 349,799 Deferred revenue from contracts with customers Beginning balance $ 42,016 $ 37,712 $ 52,589 Ending balance 32,369 42,016 37,712 (1) The ending balances as of December 31, 2022 exclude accounts receivable and deferred revenue from contracts with customers that are held for sale. (2) The increases in the accounts receivable and deferred revenue balances from contracts with customers in 2021 were driven by higher sales and billings related to our continued recovery from COVID-19. (3) The decreases in the accounts receivable and deferred revenue balances from contracts with customers in 2020 were driven by the sale of Clear Media and lower sales and billings related to COVID-19.
Operating Lease, Lease Income	As of December 31, 2022 , future lease payments to be received by the Company were as follows: (In thousands) Future lease payments to be received (1) : 2023 $ 371,854 2024 40,155 2025 14,167 2026 6,670 2027 1,308 Thereafter 2,452 Total $ 436,606 (1) Excludes future lease payments to be received by the Company’s business in Switzerland, which is held for sale at December 31, 2022.

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Schedule of Long-Term Debt and Senior Notes	Long-term debt outstanding at December 31, 2022 and 2021 consisted of the following: (In thousands) December 31, December 31, Term Loan Facility (1) $ 1,935,000 $ 1,955,000 Revolving Credit Facility — — Receivables-Based Credit Facility — — Clear Channel Outdoor Holdings 5.125% Senior Secured Notes Due 2027 1,250,000 1,250,000 Clear Channel Outdoor Holdings 7.75% Senior Notes Due 2028 (2) 1,000,000 1,000,000 Clear Channel Outdoor Holdings 7.5% Senior Notes Due 2029 (3) 1,050,000 1,050,000 Clear Channel International B.V. 6.625% Senior Secured Notes Due 2025 375,000 375,000 Other debt (4) 36,798 39,006 Original issue discount (5,596) (6,976) Long-term debt fees (47,185) (57,077) Total debt 5,594,017 5,604,953 Less: Current portion 25,218 21,165 Total long-term debt $ 5,568,799 $ 5,583,788 (1) During 2022, the Company paid $20.0 million of the outstanding principal on the term loan facility (“Term Loan Facility”) in accordance with the terms of the senior secured credit agreement governing the senior secured credit facilities (“Senior Secured Credit Facilities”), which consist of the Term Loan Facility and the revolving credit facility (“Revolving Credit Facility”). (2) On February 17, 2021, the Company issued $1.0 billion aggregate principal amount of 7.75% Senior Notes due 2028. On March 4, 2021, the Company used the net proceeds from this issuance to cause Clear Channel Worldwide Holdings, Inc. (“CCWH”), a subsidiary of the Company, to redeem $940.0 million aggregate principal amount of its 9.25% Senior Notes due 2024 (“CCWH Senior Notes”) at a redemption price equal to 104.625% of the principal amount thereof, plus accrued and unpaid interest to the redemption date. (3) On June 1, 2021, the Company issued $1.05 billion aggregate principal amount of 7.5% Senior Notes due 2029. On June 16, 2021, the Company used the net proceeds from this issuance to cause CCWH to redeem all of the outstanding $961.5 million aggregate principal amount of its CCWH Senior Notes at a redemption price equal to 104.625% of the principal amount thereof, plus accrued and unpaid interest to the redemption date. (4) Other debt includes finance leases and various borrowings utilized for general operating purposes, including a state-guaranteed loan with a third-party lender of €30.0 million, or approximately $32.1 million at current exchange rates. In April 2022, as permitted under the terms of the loan agreement, the Company elected to extend the loan’s maturity date to June 29, 2027, with quarterly principal repayments of €1.875 million due beginning in September 2023. This loan did not originally bear interest, but effective June 29, 2022, the annual interest rate is 0.7%. Additionally, in June 2022, the Company paid a fee relating to the state guarantee equal to 0.5% of the outstanding amount of the loan. Effective June 29, 2022, the annual cost of the state guarantee is 1.0% of the outstanding loan amount through June 29, 2024 and 2.0% of the outstanding loan amount for the remainder of the loan term.
Schedule of Future Maturities of Long-Term Debt	Future maturities of long-term debt as of December 31, 2022 are as follows: (in thousands) 2023 $ 25,218 2024 28,577 2025 403,499 2026 1,883,468 2027 1,254,462 Thereafter 2,051,574 Total (1) $ 5,646,798 (1) Excludes original issue discount and long-term debt fees of $5.6 million and $47.2 million, respectively, which are amortized through interest expense over the life of the underlying debt obligations

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Lease, Cost	The following table provides the components of ASC Topic 842 lease expense included within the Consolidated Statements of Loss for the years ended December 31, 2022, 2021 and 2020, respectively: Year Ended December 31, (In thousands) 2022 2021 2020 Operating lease expense $ 435,417 $ 462,452 $ 455,832 Variable lease expense 147,136 120,515 95,156 The following table provides the weighted-average remaining lease term and the weighted-average discount rate for the Company's operating leases as of December 31, 2022 and 2021, respectively: December 31, 2022 (1) December 31, Operating lease weighted-average remaining lease term (in years) 10.6 10.2 Operating lease weighted-average discount rate 7.23 % 6.48% (1) Excludes operating leases of the Company’s business in Switzerland, which is held for sale at December 31, 2022. The following table provides supplemental cash flow information related to leases: Year Ended December 31, (In thousands) 2022 2021 2020 Cash paid for amounts included in measurement of operating lease liabilities $ 449,795 $ 490,115 $ 442,256 Lease liabilities arising from obtaining right-of-use assets (1) 408,121 374,546 106,324 (1) Includes new leases entered into in each respective year presented.
Lessee, Operating Lease, Liability, Maturity	The following table provides the Company’s future maturities of operating leases as of December 31, 2022: (In thousands) Future maturities of operating leases liabilities (1) : 2023 $ 356,042 2024 268,104 2025 227,576 2026 198,874 2027 173,261 Thereafter 1,064,071 Total lease payments $ 2,287,928 Less: Effect of discounting (755,857) Total operating lease liability $ 1,532,071 (1) Excludes future maturities of operating leases of the Company’s business in Switzerland, which is held for sale at December 31, 2022.

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Future Minimum Payments Under Non-Lease Non-Cancelable Contracts	As of December 31, 2022 , the Company’s future minimum payments under non-lease non-cancelable contracts in excess of one year and capital expenditure commitments consisted of the following: (In thousands) Non-Lease Capital Non-Cancelable Expenditure Contracts Commitments Future minimum payments (1) : 2023 $ 274,966 $ 89,625 2024 238,512 26,458 2025 200,814 15,965 2026 129,991 5,741 2027 105,357 5,698 Thereafter 271,100 31,142 Total $ 1,220,740 $ 174,629 (1) Excludes future minimum payments related to the Company’s business in Switzerland, which is held for sale at December 31, 2022.

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Significant Components of the Provision for Income Tax Benefit (Expense)	Significant components of the provision for income tax benefit (expense) are as follows: (In thousands) Year Ended December 31, 2022 2021 2020 Current - federal $ (719) $ — $ — Current - state (2,146) (1,293) 337 Current - foreign (7,143) 4,239 (22,667) Total current benefit (expense) (10,008) 2,946 (22,330) Deferred - federal 61,095 25,830 62,167 Deferred - state 22,041 5,678 14,233 Deferred - foreign (1,296) 74 3,936 Total deferred benefit 81,840 31,582 80,336 Income tax benefit $ 71,832 $ 34,528 $ 58,006
Significant Components of Deferred Tax Liabilities and Assets	Significant components of the Company’s deferred tax liabilities and assets as of December 31, 2022 and 2021 are as follows: (In thousands) December 31, December 31, 2022 2021 Deferred tax liabilities: Operating lease right-of-use asset $ 368,627 $ 369,676 Intangibles assets (1) 334,935 320,469 Fixed assets 16,448 29,455 Investment in foreign subsidiaries 12,509 — Other 12,262 7,792 Total deferred tax liabilities 744,781 727,392 Deferred tax assets: Operating lease liabilities 381,353 376,424 Net operating loss carryforwards (2) 267,460 262,190 Interest expense carryforwards (3) 119,336 105,808 Accrued expenses 17,464 19,437 Stock-based compensation expense (4) 4,778 4,717 Credit loss provision 4,397 4,512 Pension plans 3,106 5,184 Other 21,169 21,020 Total deferred tax assets 819,063 799,292 Less: Valuation allowance (5) 317,950 396,479 Net deferred tax assets (6) 501,113 402,813 Net deferred tax liabilities $ 243,668 $ 324,579 (1) The deferred tax liabilities associated with intangible assets primarily relate to the differences in the financial reporting and tax basis of permits, permanent easements and tax-deductible goodwill. The Company categorizes permanent easements and goodwill as indefinite-lived intangible assets and therefore does not amortize its financial reporting basis in these assets. As a result, the deferred tax liability associated with these indefinite-lived intangible assets will not reverse over time unless the Company recognizes future impairment charges or sells these intangible assets. (2) At December 31, 2022, the Company had recorded deferred tax assets for net operating loss carryforwards (tax-effected) for federal and state income tax purposes of $84.3 million. The Company’s federal and certain state net operating losses carry forward indefinitely without expiration, while the remaining state net operating loss carryforwards expire in various amounts through 2042. At December 31, 2022, the Company had recorded $183.2 million (tax-effected) of deferred tax assets for foreign net operating loss carryforwards, the majority of which may be carried forward without expiration. (3) Section 163(j) of the Internal Revenue Code generally limits the deduction for business interest expense to 30% of adjusted taxable income and provides that any disallowed interest expense may be carried forward indefinitely. In applying the rules under Section 163(j), the Company made the election to be considered an operator of a “real property trade or business” and recorded a carryforward deferred tax asset for federal and state purposes related to interest expense limitations on its non-real property assets. (4) Full realization of the deferred tax assets related to stock-based compensation expense under ASC Subtopic 718-10 requires stock options to be exercised at a price equaling or exceeding the sum of the grant price plus the fair value of the option at the grant date and restricted stock to vest at a price equaling or exceeding the fair market value at the grant date. Accordingly, there can be no assurance that the stock price of the Company’s common stock will rise to levels sufficient to realize the entire deferred tax benefit currently reflected in the Company’s Consolidated Balance Sheet. See Note 13 for additional discussion of ASC Subtopic 718-10. (5) Due to the Company’s evaluation of all available evidence, including significant negative evidence of cumulative losses in the related jurisdictions, the Company continues to record valuation allowances on deferred tax assets that are not expected to be realized. As of December 31, 2022, the Company had valuation allowances of $69.1 million recorded against a portion of its federal and state deferred tax assets and $248.8 million recorded against its deferred tax assets in foreign jurisdictions. (6) The Company expects to realize the benefits of this portion of its deferred tax assets based upon its assessment of deferred tax liabilities that will reverse in the same carryforward period and jurisdiction and are of the appropriate character, as well as the Company's ability to generate future taxable income in certain tax jurisdictions. Any deferred tax liabilities associated with permanent easements and tax-deductible goodwill intangible assets are not relied upon as a source of future taxable income as these intangible assets have an indefinite life.
Schedule of Income (Loss) Before Income Taxes	Loss before income taxes was as follows: (In thousands) Year Ended December 31, 2022 2021 2020 U.S. $ (77,153) $ (321,194) $ (481,300) Foreign (89,067) (146,454) (176,932) Total loss before income taxes $ (166,220) $ (467,648) $ (658,232)
Reconciliation of Income Tax Computed at the U.S. Federal Statutory Rates to Income Tax Benefit	The reconciliation of income tax computed at the U.S. federal statutory rates to income tax benefit is: (In thousands) Year Ended December 31, 2022 2021 2020 Amount Percent Amount Percent Amount Percent Income tax benefit at statutory rates $ 34,906 21.0 % $ 98,206 21.0 % $ 138,229 21.0 % State income taxes, net of federal tax effect 3,683 2.2 % 10,088 2.2 % 13,812 2.1 % Foreign income taxes (27,141) (16.3) % (31,012) (6.6) % (56,865) (8.6) % Nondeductible items (6,004) (3.6) % (229) 0.0 % (1,047) (0.2) % Changes in valuation allowance and other estimates 79,352 47.7 % (45,710) (9.8) % (39,726) (6.0) % Investment in foreign subsidiaries (12,509) (7.5) % — — % — — % Other, net (455) (0.3) % 3,185 0.7 % 3,603 0.5 % Income tax benefit $ 71,832 43.2 % $ 34,528 7.4 % $ 58,006 8.8 %
Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits	A reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows: (In thousands) Year Ended December 31, Unrecognized Tax Benefits 2022 2021 Balance at beginning of period $ 24,581 $ 33,743 Increases for tax position taken in the current year 2,455 2,145 Increases for tax positions taken in previous years 231 432 Decreases for tax position taken in previous years (683) (5,595) Decreases due to settlements with tax authorities (605) (5,166) Decreases due to lapse of statute of limitations (1) (417) (978) Liabilities held for sale (2) (658) — Balance at end of period $ 24,904 $ 24,581 (1) All federal income tax matters through 2018 are closed. Substantially all material state, local, and foreign income tax matters have been concluded for years through 2007. (2) Unrecognized tax benefits related to the Company’s business in Switzerland have been reclassified as held for sale on the Consolidated Balance Sheet as of December 31, 2022. Refer to Note 16 for additional information.

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	The Company’s property, plant and equipment consisted of the following classes of assets as of December 31, 2022 and 2021: (In thousands) December 31, December 31, Structures $ 2,317,552 $ 2,356,245 Furniture and other equipment 244,154 251,084 Land, buildings and improvements 154,439 146,064 Construction in progress 80,567 54,361 Property, plant and equipment, gross 2,796,712 2,807,754 Less: Accumulated depreciation (2,009,164) (1,980,508) Property, plant and equipment, net $ 787,548 $ 827,246

INTANGIBLE ASSETS AND GOODWILL

INTANGIBLE ASSETS AND GOODWILL (Tables)	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	The following table presents the gross carrying amount and accumulated amortization for each major class of intangible assets as of December 31, 2022 and 2021: (In thousands) December 31, 2022 December 31, 2021 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Permits (1) $ 739,119 $ (16,058) $ 717,666 $ — Transit, street furniture and other outdoor 420,838 (383,184) 446,976 (397,778) Permanent easements 160,688 — 161,079 — Trademarks 83,569 (30,889) 83,569 (22,560) Other 1,302 (1,203) 1,307 (1,145) Total intangible assets $ 1,405,516 $ (431,334) $ 1,410,597 $ (421,483) (1) During the fourth quarter of 2022, the Company concluded that due to changes in facts and circumstances, billboard permits, which were previously classified as indefinite-lived, are finite-lived and began to amortize permits on a straight-line basis over their estimated useful lives.
Schedule of Estimated Amortization Expense	The following table presents the Company’s estimate of future amortization expense; however, in the event that acquisitions and dispositions occur in the future, amortization expense may vary. (In thousands) 2023 $ 78,434 2024 78,430 2025 78,149 2026 77,422 2027 76,270 Thereafter 424,789 Total $ 813,494
Schedule of Changes in Carrying Amount of Goodwill	The following table presents changes in the goodwill balance for the Company’s segments: (In thousands) America Airports Europe-North Europe-South Other Consolidated Balance as of December 31, 2020 (1) $ 482,937 $ 24,882 $ 160,399 $ 41,419 $ — $ 709,637 Foreign currency — — (8,689) (2,244) — (10,933) Balance as of December 31, 2021 482,937 24,882 151,710 39,175 — 698,704 Held for sale — — — (19,825) — (19,825) Impairment — — — (16,870) — (16,870) Foreign currency — — (8,886) (2,480) — (11,366) Balance as of December 31, 2022 (1) $ 482,937 $ 24,882 $ 142,824 $ — $ — $ 650,643 (1) The balance at December 31, 2020 is net of cumulative impairments of $2.6 billion for America, $79.4 million for Europe-North, $112.0 million for Europe-South and $90.4 million for Other.

ASSET RETIREMENT OBLIGATIONS (T

ASSET RETIREMENT OBLIGATIONS (Tables)	12 Months Ended
	Dec. 31, 2022
Asset Retirement Obligation Disclosure [Abstract]
Schedule of Activity Related to Asset Retirement Obligations	The following table presents the activity related to the Company’s asset retirement obligations: (In thousands) Years Ended December 31, 2022 2021 Beginning balance $ 50,381 $ 46,152 Additions and adjustments due to changes in estimates 2,675 4,815 Accretion of liability 3,537 4,253 Liabilities settled (3,951) (3,037) Foreign currency (1,801) (1,802) Liabilities held for sale (1) (733) — Ending balance $ 50,108 $ 50,381 (1) The asset retirement obligation related to the Company’s business in Switzerland has been reclassified as held for sale on the Consolidated Balance Sheet as of December 31, 2022. Refer to Note 16 for additional information.

STOCKHOLDERS' DEFICIT (Tables)

STOCKHOLDERS' DEFICIT (Tables)	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable	Share-based compensation expense, which is recognized within “Corporate expenses” on the Consolidated Statements of Loss, was as follows: (In thousands) Year Ended December 31, 2022 2021 2020 Restricted stock units and awards $ 15,934 $ 15,364 $ 10,819 Performance stock units 5,083 4,007 1,897 Stock options and other 131 27 519 Total share-based compensation expense $ 21,148 $ 19,398 $ 13,235
Summary of Restricted Stock and Restricted Stock Units Outstanding and Activity	The following table presents a summary of the Company’s RSUs and RSAs outstanding at December 31, 2022 and related activity during the year: (Shares in thousands) Number of Weighted-Average Grant-Date Fair Value Outstanding, January 1, 2022 15,823 $ 1.95 Granted (1) 6,209 $ 2.58 Vested (8,340) $ 2.11 Forfeited (469) $ 2.00 Outstanding, December 31, 2022 13,223 $ 2.08 (1) The weighted-average grant-date fair value of the Company’s RSUs and RSAs granted during the years ended December 31, 2022, 2021 and 2020 was $2.58, $2.27 and $1.04 per share, respectively.
Schedule Assumptions Used to Calculate Fair Value of Options	The following assumptions were used to calculate the fair value of the Company’s PSUs on the date of grant: Years Ended December 31, 2022 2021 2020 Expected volatility 68.6% 65.8% 60.9% Risk-free interest rate 2.8% 0.3% 0.2% Expected dividend yield —% —% —%
Summary of Unvested Options and Changes	The following table presents a summary of the Company’s PSUs outstanding, assuming a 100% payout, at December 31, 2022 and related activity during the year: (Shares in thousands) Number of PSUs Weighted-Average Grant-Date Fair Value Outstanding, January 1, 2022 7,307 $ 1.71 Granted (1) 1,891 $ 2.69 Vested (1,524) $ 2.38 Forfeited (110) $ 1.50 Outstanding, December 31, 2022 7,564 $ 1.83 (1) The weighted-average grant-date fair value of the Company’s PSUs granted during the years ended December 31, 2022, 2021 and 2020 was $2.69, $2.55 and $1.00 per share, respectively.
Summary of Stock Options Outstanding and Stock Option Activity	The following table presents a summary of the Company’s stock options outstanding at December 31, 2022 and related activity during the year: (In thousands, except per share data) Options Weighted-Average Exercise Price Weighted-Average Aggregate Outstanding, January 1, 2022 4,050 $ 5.45 5.0 years $ 37 Forfeited (6) $ 6.13 Expired (605) $ 4.83 Outstanding, December 31, 2022 3,439 $ 5.56 3.9 years $ — Exercisable 3,354 $ 5.53 3.9 years $ — Expected to vest (1) 85 $ 6.85 4.4 years $ — (1) The weighted-average grant date fair value of these unvested shares is $4.75 per share.
Computation of Earnings (Loss) Per Share	The following table presents the computation of net loss per share for the years ended December 31, 2022, 2021 and 2020: (In thousands, except per share data) Year Ended December 31, 2022 2021 2020 Numerator: Net loss attributable to the Company – common shares $ (96,604) $ (433,815) $ (582,739) Denominator: Weighted average common shares outstanding – basic 474,362 468,491 464,522 Weighted average common shares outstanding – diluted 474,362 468,491 464,522 Net loss attributable to the Company per share of common stock: Basic $ (0.20) $ (0.93) $ (1.25) Diluted $ (0.20) $ (0.93) $ (1.25)

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
Schedule of Net Periodic Cost	The table below presents the components of net periodic pension cost (benefit) recognized in the Consolidated Statements of Loss: (In thousands) Year Ended December 31, 2022 2021 2020 Service cost $ 2,627 $ 2,135 $ 3,628 Interest cost 2,316 2,101 2,641 Expected return on plan assets (5,225) (5,039) (5,153) Amortization of actuarial losses 320 923 870 Amortization of prior service costs (289) (4,911) (301) Settlement loss — — 876 Curtailment/forfeiture gain (1) (969) (4,049) — Total net periodic pension cost (benefit) $ (1,220) $ (8,840) $ 2,561 (1) In 2021, some of the Company’s defined-benefit pension plans were curtailed related to the Company’s restructuring plan to reduce headcount in its Europe segment, resulting in a curtailment gain.
Defined Benefit Plan, Plan with Accumulated Benefit Obligation in Excess of Plan Assets	The following table presents the changes in the Company’s projected benefit obligation and the fair value of plan assets: (In thousands) Year Ended December 31, 2022 2021 Projected benefit obligation: Beginning balance, projected benefit obligation $ 193,802 $ 217,436 Service cost 2,627 2,135 Interest cost 2,316 2,101 Contributions by plan participants 900 896 Actuarial gain (1) (48,015) (9,184) Foreign exchange impact (14,914) (4,924) Benefits paid (7,039) (4,086) Plan amendments (2) — (4,604) Plan curtailment/forfeitures (3) (969) (5,968) Liabilities held for sale (4) (34,339) — Ending balance, projected benefit obligation $ 94,369 $ 193,802 Fair value of plan assets: Beginning balance, fair value of plan assets $ 169,906 $ 152,857 Actual return (loss) on plan assets (44,104) 17,787 Foreign exchange impact (14,293) (2,793) Contributions by Company 3,022 5,245 Contributions by plan participants 900 896 Benefits paid (7,039) (4,086) Assets held for sale (4) (30,791) — Ending balance, fair value of plan assets $ 77,601 $ 169,906 Under-funded status, net (5) $ (16,768) $ (23,896) (1) The actuarial gains in 2022 and 2021 represent the decrease to the projected benefit obligation resulting from changes in the actuarial assumptions used, primarily an increased discount rate. (2) In 2021, the Company amended one of its defined-benefit pension plans, resulting in a decrease to the projected benefit obligation. (3) In 2021, some of the Company’s defined-benefit pension plans were curtailed related to the Company’s restructuring plan to reduce headcount in Europe, resulting in a decrease to the projected benefit obligation. (4) The projected benefit obligation and plan assets related to the Company’s business in Switzerland have been reclassified as held for sale on the Consolidated Balance Sheet as of December 31, 2022. Refer to Note 16 for additional information. (5) Represents the net under-funded status of the Company’s defined-benefit pension plans. The related liability or asset for each plan, dependent upon whether it is under-funded or fully funded, is recorded within “Other long-term liabilities” or “Other assets,” respectively, on the Company’s Consolidated Balance Sheet. As of December 31, 2022 and 2021, the Company had $3.7 million and $10.0 million, respectively, reported in “Other assets.”
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss)	The following table presents the pre-tax net loss (gain) and the amortization of pre-tax net loss and prior service costs recognized in accumulated other comprehensive loss: (In thousands) Year Ended December 31, 2022 2021 2020 Beginning balance, accumulated other comprehensive loss $ 24,926 $ 50,985 $ 40,360 Net actuarial loss (gain) arising during the period 1,314 (21,932) 15,690 Amortization of net actuarial loss (320) (923) (870) Amortization of prior service costs 289 4,911 301 Plan amendments during the period — (4,604) — Other adjustments 509 (3,511) (4,496) Ending balance, accumulated other comprehensive loss $ 26,718 $ 24,926 $ 50,985 For the years ended December 31, 2022, 2021 and 2020, the total change in “Other comprehensive income (loss)” related to the impact of pensions on deferred income tax liabilities was $(0.4) million, $0.2 million and $(0.7) million, respectively. The following table presents the amounts in accumulated other comprehensive loss that have not yet been recognized as components of net periodic pension cost (benefit): (In thousands) Year Ended December 31, 2022 2021 2020 Unrecognized net actuarial loss $ 27,822 $ 26,729 $ 53,163 Unrecognized prior service cost (1,104) (1,803) (2,178) Total $ 26,718 $ 24,926 $ 50,985
Defined Benefit Plan, Assumptions	The following table presents the assumptions used to measure the net periodic pension cost (benefit) and the year-end projected benefit obligation: Year Ended December 31, 2022 2021 2020 Weighted-average assumptions used to measure net periodic pension cost (benefit): Discount rates 0.20% - 1.80% 0.00% - 1.30% 0.30% - 2.00% Expected long-term rates of return on plan assets 1.50% - 4.00% 1.50% - 3.90% 1.50% - 4.40% Rates of compensation increase 0.50% - 2.60% 0.50% - 2.30% 0.50% - 2.30% Weighted-average assumptions used to measure projected benefit obligation: Discount rates 0.30% - 4.65% 0.20% - 1.80% 0.00% - 1.30% Expected long-term rates of return on plan assets 2.00% - 6.80% 1.50% - 4.00% 1.50% - 3.90% Rates of compensation increase 1.00% - 3.75% 0.50% - 2.60% 0.50% - 2.30%
Defined Benefit Plan, Plan Assets, Category	Defined-Benefit Pension Plan Assets The following tables present the fair value of each class of plan assets held by the Company’s defined-benefit pension plans, categorized by level of the fair value hierarchy, at December 31, 2022 and 2021: (In thousands) December 31, 2022 Level 1 (1) Level 2 (2) Level 3 Cash and short-term investments $ — $ 2,174 $ — Credit instruments — 10,493 — Equity securities — 45,864 — Real estate — 962 — Fixed income: Corporate bonds — 14,886 — Insurance contracts — 3,222 — Fair value of plan assets $ — $ 77,601 $ — (In thousands) December 31, 2021 Level 1 (1) Level 2 (2) Level 3 Cash and short-term investments $ 1,517 $ 17,620 $ — Credit instruments — 16,069 — Equity securities — 89,167 — Real estate — 8,908 — Fixed income: Corporate bonds — 32,718 — Insurance contracts — 3,907 — Fair value of plan assets $ 1,517 $ 168,389 $ — (1) Assets categorized as Level 1 are measured at fair value using unadjusted quoted prices in active markets for identical assets. (2) Assets categorized as Level 2 are measured at fair value using inputs other than quoted prices in active markets that are observable for the assets, either directly or indirectly.
Schedule of Net Periodic Benefit Cost Not yet Recognized	The following table presents the expected benefit payments to defined-benefit pension plan participants over the next ten years. These payments have been estimated based on the same assumptions used to measure the plans’ pension benefit obligation at December 31, 2022 and include benefits attributable to estimated future compensation increases, where applicable: (In thousands) Expected benefit payments (1) : 2023 $ 4,043 2024 4,040 2025 5,304 2026 4,910 2027 4,990 2028 - 2032 30,031 (1) Excludes expected benefit payments related to the Company’s business in Switzerland, which is held for sale at December 31, 2022.

OTHER INFORMATION (Tables)

OTHER INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2022
Other Income and Expenses [Abstract]
Schedule of Restricted Cash and Cash Equivalents	The following table reconciles cash and cash equivalents reported in the Consolidated Balance Sheets to cash, cash equivalents and restricted cash reported in the Consolidated Statements of Cash Flows: (In thousands) December 31, 2022 December 31, 2021 Cash and cash equivalents in the Balance Sheets $ 286,781 $ 410,767 Cash and cash equivalents included in Assets held for sale 569 — Restricted cash included in: Other current assets 2,763 1,685 Assets held for sale 512 — Other assets 8,057 7,519 Total cash, cash equivalents and restricted cash in the Statements of Cash Flows $ 298,682 $ 419,971
Schedule of Accounts Receivable	The following table discloses the components of “Accounts receivable, net” as reported in the Consolidated Balance Sheets: (In thousands) December 31, 2022 December 31, 2021 Accounts receivable $ 642,390 $ 666,888 Less: Allowance for credit losses (22,561) (23,772) Accounts receivable, net $ 619,829 $ 643,116
Schedule of Accrued Expenses	The following table discloses the components of “Accrued expenses” as of December 31, 2022 and 2021, respectively: (In thousands) As of December 31, 2022 2021 Accrued rent $ 159,591 $ 160,074 Accrued employee compensation and benefits 109,594 144,802 Accrued taxes 52,587 57,764 Accrued other 167,010 160,724 Total accrued expenses $ 488,782 $ 523,364
Components of Other Income (Expense)	The following table discloses the components of “ Other income (expense), net December 31, 2022 , 2021 and 2020, respectively: (In thousands) Years Ended December 31, 2022 2021 2020 Foreign exchange gain (loss) $ (39,141) $ (3,981) $ 502 Equity in earnings of nonconsolidated affiliates 2,003 176 697 Other (1) 2,059 5,567 (1,369) Total other income (expense), net $ (35,079) $ 1,762 $ (170) (1) In 2021, other income was primarily comprised of gains related to our defined-benefit pension plans for employees, described further in Note 14.

HELD FOR SALE (Tables)

HELD FOR SALE (Tables)	12 Months Ended
	Dec. 31, 2022
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Major Classes of Assets and Liabilities Classified as Held for Sale and Operations Reflected in Discontinued Operations	The net assets of the Company’s Switzerland business are presented as held for sale on the Company's Balance Sheet as of December 31, 2022 and are recorded at the lower of their carrying value or fair value less cost to sell. The major categories of assets and liabilities held for sale were: (In thousands) December 31, Assets classified as held for sale: Cash and cash equivalents $ 569 Accounts receivable, net 11,938 Prepaid expenses 440 Other current assets 650 Structures, net 9,115 Other property, plant and equipment, net 2,328 Goodwill 19,825 Operating lease right-of-use assets 85,476 Other assets 1,199 Assets held for sale $ 131,540 Liabilities classified as held for sale: Accounts payable $ 636 Accrued expenses 14,301 Current operating lease liabilities 29,581 Other current liabilities 4,424 Non-current operating lease liabilities 57,059 Other long-term liabilities 5,160 Liabilities held for sale $ 111,161

DESCRIPTION OF BUSINESS (Detail

DESCRIPTION OF BUSINESS (Details) $ in Thousands			1 Months Ended	3 Months Ended	9 Months Ended	12 Months Ended
	Dec. 31, 2022 USD ($)	May 14, 2020 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2022 segment	Sep. 30, 2022 segment	Dec. 31, 2022 USD ($) segment	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Apr. 28, 2020
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Number of reportable segments | segment				4	2	4
Non-cash operating lease expense						$ 52,300	$ 98,500	$ 77,700
Government rent abatements						16,200
Government rent abatements, American Rescue Plan Act						13,300
Government rent abatements, COVID-19						2,900
European governmental support and wage subsidies received, COVID-19						800	4,400	15,600
Property Tax Reliefs From Government Under COVID19						3,900
Estimated total restructuring charges						810	31,877	14,591
Cash received from sale of business	$ 92,700
Corporate
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Estimated total restructuring charges						(456)	1,077	2,529
Corporate | Headcount reduction
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Estimated total restructuring charges						$ 3,900	1,900	$ 1,600
Disposal Group, Held-for-sale or Disposed of by Sale, Not Discontinued Operations | Goldbach Group AG
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cash received from sale of business			$ 92,700
Disposal Group, Held-for-sale or Disposed of by Sale, Not Discontinued Operations | Clear Media Limited
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Ownership percentage sold									50.91%
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Clear Media Limited
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cash received from sale of business		$ 253,100
Gain on sale of clear media							$ 75,200

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details) - USD ($)	3 Months Ended	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Total accumulated other comprehensive loss	$ 3,262,806,000	$ 3,262,806,000	$ 3,193,970,000	$ 2,782,602,000	$ 2,054,706,000
Bad debt, net of recoveries		6,500,000	(2,700,000)	19,400,000
Impairment of assets			0	0
Impairment of Intangible Assets		$ 900,000	$ 0	$ 0
Impairment, Intangible Asset, Indefinite-Lived (Excluding Goodwill), Statement of Income or Comprehensive Income [Extensible Enumeration]		Impairment charges	Impairment charges	Impairment charges
Amortization of intangible assets		$ 35,700,000	$ 22,500,000	$ 22,000,000
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) Excluding Service Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]		Nonoperating Income (Expense)	Nonoperating Income (Expense)	Nonoperating Income (Expense)
ARO, removal period		50 years
Revenue, description of timing		Revenue from the sale of advertising space on displays is generally recognized ratably over the term of the contract as the advertisement is displayed.
Cash payments for asset acquisitions		$ 61,984,000	$ 18,523,000	$ 1,319,000
Goodwill impairment charge		16,870,000	0	9,700,000
Change in Accounting Method Accounted for as Change in Estimate
Property, Plant and Equipment [Line Items]
Amortization of intangible assets		$ 16,100,000
Reduction in Net Loss Per Share of Common Stock		$ 0.03
America
Property, Plant and Equipment [Line Items]
Impairment of Intangible Assets		$ 21,800,000	119,000,000	140,700,000
Goodwill impairment charge		0
Europe-South
Property, Plant and Equipment [Line Items]
Goodwill impairment charge		16,870,000
Latin America
Property, Plant and Equipment [Line Items]
Goodwill impairment charge		$ 0	0	9,700,000
Trademarks
Property, Plant and Equipment [Line Items]
Intangible Asset, Useful Life		10 years
Minimum | Building and improvements
Property, Plant and Equipment [Line Items]
Estimated useful lives		10 years
Minimum | Structures
Property, Plant and Equipment [Line Items]
Estimated useful lives		3 years
Minimum | Furniture and other equipment
Property, Plant and Equipment [Line Items]
Estimated useful lives		2 years
Minimum | Permits
Property, Plant and Equipment [Line Items]
Intangible Asset, Useful Life	8 years
Maximum | Building and improvements
Property, Plant and Equipment [Line Items]
Estimated useful lives		39 years
Maximum | Structures
Property, Plant and Equipment [Line Items]
Estimated useful lives		20 years
Maximum | Furniture and other equipment
Property, Plant and Equipment [Line Items]
Estimated useful lives		20 years
Operating lease, term	15 years	15 years
Maximum | Land
Property, Plant and Equipment [Line Items]
Operating lease, term	20 years	20 years
Maximum | Land | Americas Outdoor
Property, Plant and Equipment [Line Items]
Operating lease, term	12 months	12 months
Maximum | Permits
Property, Plant and Equipment [Line Items]
Intangible Asset, Useful Life	17 years
Accumulated Deficit
Property, Plant and Equipment [Line Items]
Total accumulated other comprehensive loss	$ 6,469,953,000	$ 6,469,953,000	$ 6,373,349,000	5,939,534,000	5,349,611,000
Cumulative Effect, Period of Adoption, Adjustment
Property, Plant and Equipment [Line Items]
Total accumulated other comprehensive loss					7,181,000
Cumulative Effect, Period of Adoption, Adjustment | Accumulated Deficit
Property, Plant and Equipment [Line Items]
Total accumulated other comprehensive loss				7,200,000	$ 7,181,000
Cumulative Effect, Period of Adoption, Adjustment | Accumulated Deficit | Disposal Group, Held-for-sale, Not Discontinued Operations | Clear Media Limited
Property, Plant and Equipment [Line Items]
Total accumulated other comprehensive loss				$ 5,400,000

SEGMENT DATA (Details)

SEGMENT DATA (Details) $ in Thousands		3 Months Ended	9 Months Ended	12 Months Ended
		Dec. 31, 2022 segment	Sep. 30, 2022 segment	Dec. 31, 2022 USD ($) segment	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment		4	2	4
Segment Reporting Information [Line Items]
Revenue				$ 2,481,134	$ 2,241,118	$ 1,854,608
Segment Adjusted EBITDA				691,439	549,964	230,274
Corporate expenses	[1]			157,915	156,181	137,297
Depreciation and amortization				253,809	253,155	269,421
Impairment charges				39,546	118,950	150,400
Restructuring and other costs				6,244	38,501	19,184
Other operating expense (income), net				2,386	(627)	(53,614)
Interest expense, net				362,680	350,457	360,259
Other reconciling items				35,079	100,995	5,559
Consolidated net loss before income taxes				(166,220)	(467,648)	(658,232)
Operating segments
Segment Reporting Information [Line Items]
Revenue				2,481,134	2,241,118	1,854,608
Capital Expenditures				184,679	148,006	124,162
Segment Adjusted EBITDA				691,439	549,964	230,274
Operating segments | America
Segment Reporting Information [Line Items]
Revenue				1,105,552	1,013,290	853,183
Capital Expenditures				79,529	56,898	50,665
Segment Adjusted EBITDA				499,390	463,410	315,001
Operating segments | Airports
Segment Reporting Information [Line Items]
Revenue				256,402	160,330	123,789
Capital Expenditures				25,298	11,600	5,647
Segment Adjusted EBITDA				60,864	36,894	4,871
Operating segments | Europe-North
Segment Reporting Information [Line Items]
Revenue				566,119	517,990	406,783
Capital Expenditures				34,025	36,914	16,424
Segment Adjusted EBITDA				103,654	53,981	2,677
Operating segments | Europe-South
Segment Reporting Information [Line Items]
Revenue				467,106	472,360	385,326
Capital Expenditures				29,011	25,362	26,599
Segment Adjusted EBITDA				15,201	(9,205)	(60,040)
Other
Segment Reporting Information [Line Items]
Revenue				85,955	77,148	85,527
Capital Expenditures				4,571	4,884	12,121
Segment Adjusted EBITDA				12,330	4,884	(32,235)
Corporate
Segment Reporting Information [Line Items]
Capital Expenditures				12,245	12,348	12,706
Corporate expenses				$ 157,915	$ 156,181	$ 137,297
[1]Excludes depreciation and amortization

COST-SAVINGS INITIATIVES (Detai

COST-SAVINGS INITIATIVES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Restructuring Reserve [Roll Forward]
Beginning balance	$ 24,316	$ 5,806	$ 0
Costs incurred	810	31,877	14,591
Costs paid or otherwise settled	(16,523)	(13,367)	(8,785)
Foreign currency impact	1,400
Ending balance	7,203	24,316	5,806
Remaining restructuring cost expected	3,600
America
Restructuring Reserve [Roll Forward]
Beginning balance	0	2,293	0
Costs incurred	0	0	2,816
Costs paid or otherwise settled	0	(2,293)	(523)
Foreign currency impact	0
Ending balance	0	0	2,293
Airports
Restructuring Reserve [Roll Forward]
Beginning balance	0	240	0
Costs incurred	0	0	392
Costs paid or otherwise settled	0	(240)	(152)
Foreign currency impact	0
Ending balance	0	0	240
Europe-North
Restructuring Reserve [Roll Forward]
Beginning balance	0	1,407	0
Costs incurred	0	33	3,193
Costs paid or otherwise settled	0	(1,440)	(1,786)
Foreign currency impact	0
Ending balance	0	0	1,407
Restructuring costs incurred	3,226
Europe-North | Headcount reduction
Restructuring Reserve [Roll Forward]
Costs incurred	300	4,300	300
Europe-South
Restructuring Reserve [Roll Forward]
Beginning balance	23,860	1,048	0
Costs incurred	1,266	30,767	5,166
Costs paid or otherwise settled	(16,523)	(7,955)	(4,118)
Foreign currency impact	1,400
Ending balance	7,203	23,860	1,048
Restructuring costs incurred	37,199
Other
Restructuring Reserve [Roll Forward]
Beginning balance	0	0	0
Costs incurred	0	0	495
Costs paid or otherwise settled	0	0	(495)
Foreign currency impact	0
Ending balance	0	0	0
Other | Headcount reduction
Restructuring Reserve [Roll Forward]
Costs incurred			500
Corporate
Restructuring Reserve [Roll Forward]
Beginning balance	456	818	0
Costs incurred	(456)	1,077	2,529
Costs paid or otherwise settled	0	(1,439)	(1,711)
Foreign currency impact	0
Ending balance	0	456	818
Corporate | Headcount reduction
Restructuring Reserve [Roll Forward]
Costs incurred	3,900	1,900	1,600
Operating Expense | Europe-North
Restructuring Reserve [Roll Forward]
Costs incurred	0	31	1,318
Restructuring costs incurred	1,349
Operating Expense | Europe-South
Restructuring Reserve [Roll Forward]
Costs incurred	(522)	14,284	1,064
Restructuring costs incurred	14,826
Selling, General and Administrative Expenses | Europe-North
Restructuring Reserve [Roll Forward]
Costs incurred	0	2	1,875
Restructuring costs incurred	1,877
Selling, General and Administrative Expenses | Europe-South
Restructuring Reserve [Roll Forward]
Costs incurred	1,788	$ 16,483	$ 4,102
Restructuring costs incurred	$ 22,373

REVENUE - Revenue By Segment an

REVENUE - Revenue By Segment and Geographic Region (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	$ 1,717,028	$ 1,521,194	$ 1,260,712
Revenue from leases	$ 764,106	$ 719,924	$ 593,896
Operating Lease, Lease Income, Statement of Income or Comprehensive Income [Extensible Enumeration]	Revenue	Revenue	Revenue
Revenue	$ 2,481,134	$ 2,241,118	$ 1,854,608
Americas
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	698,250	568,231	488,682
Revenue from leases	663,704	605,389	488,290
Revenue	1,361,954	1,173,620	976,972
Europe
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	953,914	896,329	702,796
Revenue from leases	79,311	94,021	89,313
Revenue	1,033,225	990,350	792,109
Other
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	64,864	56,634	69,234
Revenue from leases	21,091	20,514	16,293
Revenue	85,955	77,148	85,527
Europe-South
Disaggregation of Revenue [Line Items]
Revenue	$ 256,600	$ 264,900	215,000
Latin America
Disaggregation of Revenue [Line Items]
Revenue			56,200
Singapore
Disaggregation of Revenue [Line Items]
Revenue			$ 56,200

REVENUE - Schedule of Contract

REVENUE - Schedule of Contract Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accounts receivable, net of allowance, from contracts with customers
Beginning balance	$ 492,706	$ 349,799	$ 581,555
Ending balance	480,016	492,706	349,799
Deferred revenue from contracts with customers
Beginning balance	42,016	37,712	52,589
Ending balance	$ 32,369	$ 42,016	$ 37,712

REVENUE - Narrative (Details)

REVENUE - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
Contract liabilities, revenue recognized	$ 40.4	$ 36.8	$ 48
Revenue, remaining performance obligation	$ 90.8
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, period	5 years

REVENUE - Revenue From Leases (

REVENUE - Revenue From Leases (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Operating Leases, Future Minimum Payments Receivable [Abstract]
2023	$ 371,854
2024	40,155
2025	14,167
2026	6,670
2027	1,308
Thereafter	2,452
Total	$ 436,606

LONG-TERM DEBT - Schedule of Lo

LONG-TERM DEBT - Schedule of Long-Term Debt (Details) € in Thousands			1 Months Ended	12 Months Ended
	Jun. 16, 2021 USD ($)	Mar. 04, 2021 USD ($)	Apr. 30, 2022 EUR (€)	Dec. 31, 2022 USD ($)	Dec. 31, 2022 EUR (€)	Sep. 30, 2022	Jun. 29, 2022	Dec. 31, 2021 USD ($)	Jun. 01, 2021 USD ($)	Feb. 17, 2021 USD ($)	Aug. 04, 2020 USD ($)	Aug. 23, 2019 USD ($)
Debt Instrument [Line Items]
Long-term Debt, Total				$ 5,594,017,000				$ 5,604,953,000
Original issue discount				(5,596,000)				(6,976,000)
Long-term debt fees				(47,185,000)				(57,077,000)
Less: Current portion				25,218,000				21,165,000
Total long-term debt				5,568,799,000				5,583,788,000
State guaranteed loan year one						0.50%
Term Loan Facility | Secured Debt
Debt Instrument [Line Items]
Long-term Debt, Total				1,935,000,000				1,955,000,000
Payments of debt				20,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Long-term Debt, Total				0				0
Receivables-Based Credit Facility
Debt Instrument [Line Items]
Long-term Debt, Total				0				0
Clear Channel Outdoor Holdings 5.125% Senior Secured Notes Due 2027 | Secured Debt
Debt Instrument [Line Items]
Long-term Debt, Total				$ 1,250,000,000				1,250,000,000				$ 1,250,000,000
Interest rate (as a percent)				5.125%	5.125%							5.125%
Clear Channel Outdoor Holdings 7.75% Senior Notes Due 2028 | Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Total				$ 1,000,000,000				1,000,000,000
Aggregate principal amount of notes issued										$ 1,000,000,000
Interest rate (as a percent)				7.75%	7.75%							7.75%
Clear Channel Outdoor Holdings 7.5% Senior Notes Due 2029 | Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Total				$ 1,050,000,000				1,050,000,000
Aggregate principal amount of notes issued									$ 1,050,000,000
Interest rate (as a percent)				7.50%	7.50%							7.50%
Clear Channel International B.V. 6.625% Senior Secured Notes Due 2025 | Secured Debt
Debt Instrument [Line Items]
Long-term Debt, Total				$ 375,000,000				375,000,000
Aggregate principal amount of notes issued											$ 375,000,000
Interest rate (as a percent)				6.625%	6.625%						6.625%
Other debt | Unsecured Debt
Debt Instrument [Line Items]
Long-term Debt, Total				$ 36,798,000				$ 39,006,000
Other debt | Unsecured Debt | Europe
Debt Instrument [Line Items]
Long-term Debt, Total				$ 32,100,000	€ 30,000
Clear Channel Worldwide Holdings 9.25% Senior Notes Due 2024 | Senior Notes
Debt Instrument [Line Items]
Interest rate (as a percent)				9.25%	9.25%
Partial redemption of senior notes	$ 961,500,000	$ 940,000,000
Redemption price, percentage	104.625%
State Guaranteed Loan | Europe
Debt Instrument [Line Items]
Interest rate (as a percent)							0.70%
Debt Instrument, Periodic Payment, Principal | €			€ 1,875
State Guarantee, Fee Percentage, Years One And Two							1%
State Guarantee, Fee Percentage, After Year Two							2%

LONG-TERM DEBT - Narrative (Det

LONG-TERM DEBT - Narrative (Details) - USD ($)			12 Months Ended
	Feb. 20, 2023	Aug. 23, 2019	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Jun. 01, 2021	Feb. 17, 2021	Aug. 04, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Gain (Loss) on Extinguishment of Debt			$ 0	$ 102,757,000	$ 5,389,000
Debt instrument, covenant, required facility		$ 0
Debt instrument, covenant, letters of credit, minimum		$ 10,000,000
Long-term debt			5,594,017,000	5,604,953,000
Surety bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Outstanding commercial standby letters of credit			85,900,000
Bank Guarantees
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Outstanding commercial standby letters of credit			32,400,000
Bank guarantees backed by cash collateral
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Outstanding commercial standby letters of credit			8,800,000
Level 1(1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Aggregate market value of debt			$ 4,700,000,000	5,900,000,000
Secured Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Leverage ratio step down ratio		710%
Secured Debt | Federal Funds Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, basis spread on variable rate (as a percent)			0.50%
Secured Debt | Federal Funds Rate | Subsequent Event
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, basis spread on variable rate (as a percent)	0.50%
Secured Debt | Eurodollar
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, basis spread on variable rate (as a percent)			1%
Secured Debt | Eurodollar | Subsequent Event
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, basis spread on variable rate (as a percent)	1%
Secured Debt | SOFR | Subsequent Event
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, basis spread on variable rate (as a percent)	1%
Clear Channel International B.V. 6.625% Senior Secured Notes Due 2025 | Secured Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Gain (Loss) on Extinguishment of Debt			$ 102,800,000
Interest rate			6.625%					6.625%
Long-term debt			$ 375,000,000	375,000,000
Aggregate principal amount of notes issued								$ 375,000,000
Term Loan Facility | Secured Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Credit facility maximum borrowing capacity		$ 2,000,000,000
Debt instrument original principal amount quarterly amortization percentage		1%
Prepayment threshold period		6 months
Long-term debt			1,935,000,000	1,955,000,000
Revolving Credit Facility | Line of Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Credit facility maximum borrowing capacity		$ 175,000,000
Receivables-Based Credit Facility
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt			$ 0	0
Receivables-Based Credit Facility | Line of Credit | Revolving Credit Facility
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Credit facility maximum borrowing capacity		$ 125,000,000
Debt instrument, basis spread on variable rate (as a percent)		0%
Percentage of eligible accounts receivable		85%
Minimum fixed charge coverage ratio required for four consecutive quarters		1
Receivables-Based Credit Facility | Line of Credit | Federal Funds Rate | Revolving Credit Facility
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, basis spread on variable rate (as a percent)		0.50%
Receivables-Based Credit Facility | Line of Credit | Eurodollar | Revolving Credit Facility
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, basis spread on variable rate (as a percent)		1%
Clear Channel Outdoor Holdings 5.125% Senior Secured Notes Due 2027 | Secured Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate		5.125%	5.125%
Long-term debt		$ 1,250,000,000	$ 1,250,000,000	1,250,000,000
Clear Channel Outdoor Holdings 7.75% Senior Notes Due 2028 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate		7.75%	7.75%
Long-term debt			$ 1,000,000,000	1,000,000,000
Aggregate principal amount of notes issued							$ 1,000,000,000
Clear Channel Outdoor Holdings 7.5% Senior Notes Due 2029 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate		7.50%	7.50%
Long-term debt			$ 1,050,000,000	1,050,000,000
Aggregate principal amount of notes issued						$ 1,050,000,000
Revolving Credit Facility
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt			0	$ 0
Letters of credit outstanding			43,200,000
Line of credit, excess availability			131,800,000
Receivables-Based Credit Facility | Line of Credit | Revolving Credit Facility
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Letters of credit outstanding			42,200,000
Line of credit, excess availability			$ 82,800,000

LONG-TERM DEBT - Schedule of Fu

LONG-TERM DEBT - Schedule of Future Maturities of Long-Term Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Debt Disclosure [Abstract]
2023	$ 25,218
2024	28,577
2025	403,499
2026	1,883,468
2027	1,254,462
Thereafter	2,051,574
Total	5,646,798
Original issue discount	5,596	$ 6,976
Long term debt fees	$ 47,185	$ 57,077

LEASES - Lease Cost (Details)

LEASES - Lease Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Operating lease expense	$ 435,417	$ 462,452	$ 455,832
Variable lease expense	$ 147,136	$ 120,515	$ 95,156

LEASES - Supplemental Balance S

LEASES - Supplemental Balance Sheet Information (Details)	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Operating lease weighted-average remaining lease term (in years)	10 years 7 months 6 days	10 years 2 months 12 days
Operating lease weighted-average discount rate	7.23%	6.48%

LEASES - Schedule of Future Min

LEASES - Schedule of Future Minimum Lease Payments (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Leases [Abstract]
2023	$ 356,042
2024	268,104
2025	227,576
2026	198,874
2027	173,261
Thereafter	1,064,071
Total lease payments	2,287,928
Less: Effect of discounting	(755,857)
Total operating lease liability	$ 1,532,071

LEASES - Supplemental Cash Flow

LEASES - Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Cash paid for amounts included in measurement of operating lease liabilities	$ 449,795	$ 490,115	$ 442,256
Lease liabilities arising from obtaining right-of-use assets	$ 408,121	$ 374,546	$ 106,324

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) employee	Apr. 28, 2020
Non-Cancelable Contracts
2023	$ 274,966
2024	238,512
2025	200,814
2026	129,991
2027	105,357
Thereafter	271,100
Total	1,220,740
Capital Expenditure Commitments
2023	89,625
2024	26,458
2025	15,965
2026	5,741
2027	5,698
Thereafter	31,142
Total	$ 174,629
Loss Contingencies [Line Items]
Number of employees convicted | employee	2
Disposal Group, Held-for-sale or Disposed of by Sale, Not Discontinued Operations | Clear Media Limited
Loss Contingencies [Line Items]
Ownership percentage sold		50.91%

INCOME TAXES - Significant Comp

INCOME TAXES - Significant Components of the Provision for Income Tax Benefit (Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Current - federal	$ (719)	$ 0	$ 0
Current - foreign	(7,143)	4,239	(22,667)
Current - state	(2,146)	(1,293)	337
Total current benefit (expense)	(10,008)	2,946	(22,330)
Deferred - federal	61,095	25,830	62,167
Deferred - foreign	(1,296)	74	3,936
Deferred - state	22,041	5,678	14,233
Total deferred benefit	81,840	31,582	80,336
Income tax benefit	$ (71,832)	$ (34,528)	$ (58,006)

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Operating Loss Carryforwards [Line Items]
Current tax (benefit) expense	$ 10,008	$ (2,946)	$ 22,330
Deferred tax expense (benefit)	(81,840)	(31,582)	(80,336)
Total impact after offset of valuation allowance	7,400		46,900
Investment in foreign subsidiaries	12,509	0
Increase (decrease) in valuation allowance	(5,100)
Income tax expense (benefit)	$ (71,832)	$ (34,528)	$ (58,006)
Effective tax rate expense (benefit)	43.20%	7.40%	8.80%
Unrecognized tax benefits, interest on income taxes accrued	$ 5,100	$ 4,600
Unrecognized tax benefits, income tax penalties and interest accrued	30,000	29,200
Unrecognized tax benefits	24,904	24,581	$ 33,743
Unrecognized tax benefits net of deferred tax assets	(14,100)	12,700
Unrecognized tax benefits that, if recognized, would impact the effective income tax rate	13,400	12,100
Other Noncurrent Liabilities
Operating Loss Carryforwards [Line Items]
Unrecognized tax benefits	15,900	16,000
Clear Media Limited
Operating Loss Carryforwards [Line Items]
Current tax (benefit) expense	$ 10,000	$ 23,300
Total impact after offset of valuation allowance			23,600
Income tax expense (benefit)			$ 59,700

INCOME TAXES - Significant Co_2

INCOME TAXES - Significant Components of Deferred Tax Liabilities and Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Deferred tax liabilities:
Operating lease right-of-use asset	$ 368,627	$ 369,676
Intangible assets	334,935	320,469
Fixed assets	16,448	29,455
Investment in foreign subsidiaries	12,509	0
Other	12,262	7,792
Total deferred tax liabilities	744,781	727,392
Deferred tax assets:
Operating lease liabilities	381,353	376,424
Net operating loss carryforwards	267,460	262,190
Interest expense carryforwards	119,336	105,808
Accrued expenses	17,464	19,437
Stock-based compensation expense	4,778	4,717
Credit loss provision	4,397	4,512
Pension plans	3,106	5,184
Other	21,169	21,020
Total deferred tax assets	819,063	799,292
Less: Valuation allowance	317,950	396,479
Net deferred tax assets	501,113	402,813
Net deferred tax liabilities	$ 243,668	$ 324,579
Adjusted taxable income, percent	30%
U.S.
Deferred tax assets:
Deferred tax assets for net operating loss carryforwards (tax effected)	$ 84,300
Offsetting associated valuation allowance	69,100
Foreign
Deferred tax assets:
Deferred tax assets for net operating loss carryforwards (tax effected)	183,200
Offsetting associated valuation allowance	$ 248,800

INCOME TAXES - Schedule of Inco

INCOME TAXES - Schedule of Income (Loss) Before Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
U.S.	$ (77,153)	$ (321,194)	$ (481,300)
Foreign	(89,067)	(146,454)	(176,932)
Total loss before income taxes	$ (166,220)	$ (467,648)	$ (658,232)

INCOME TAXES - Reconciliation o

INCOME TAXES - Reconciliation of Income Tax Computed at the U.S. Federal Statutory Rates to Income Tax Benefit (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Amount
Income tax benefit at statutory rates	$ 34,906	$ 98,206	$ 138,229
State income taxes, net of federal tax effect	3,683	10,088	13,812
Foreign income taxes	(27,141)	(31,012)	(56,865)
Nondeductible items	(6,004)	(229)	(1,047)
Changes in valuation allowance and other estimates	79,352	(45,710)	(39,726)
Investment in foreign subsidiaries	(12,509)	0	0
Other, net	(455)	3,185	3,603
Income tax benefit	$ 71,832	$ 34,528	$ 58,006
Percent
Income tax benefit at statutory rates	21%	21%	21%
State income taxes, net of federal tax effect	2.20%	2.20%	2.10%
Foreign income taxes	(16.30%)	(6.60%)	(8.60%)
Nondeductible items	(3.60%)	(0.00%)	(0.20%)
Changes in valuation allowance and other estimates	47.70%	(9.80%)	(6.00%)
Investment in foreign subsidiaries	(7.50%)	0%	0%
Other, net	(0.30%)	0.70%	0.50%
Income tax benefit	43.20%	7.40%	8.80%

INCOME TAXES - Reconciliation_2

INCOME TAXES - Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Unrecognized Tax Benefits
Balance at beginning of period	$ 24,581	$ 33,743
Increases for tax position taken in the current year	2,455	2,145
Increases for tax positions taken in previous years	231	432
Decreases for tax position taken in previous years	(683)	(5,595)
Decreases due to settlements with tax authorities	(605)	(5,166)
Decreases due to lapse of statute of limitations	(417)	(978)
Liabilities held for sale	658	0
Balance at end of period	$ 24,904	$ 24,581

PROPERTY, PLANT AND EQUIPMENT -

PROPERTY, PLANT AND EQUIPMENT - Schedule of Property, Plant And Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 2,796,712	$ 2,807,754
Less: Accumulated depreciation	(2,009,164)	(1,980,508)
Property, plant and equipment, net	787,548	827,246
Depreciation expense	218,100	230,700	$ 247,500
Structures
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	2,317,552	2,356,245
Furniture and other equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	244,154	251,084
Land, buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	154,439	146,064
Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	80,567	54,361
Billboard Structures
Property, Plant and Equipment [Line Items]
Acquisitions of property, plant and equipment	2,900	1,800
Land and Land Improvements
Property, Plant and Equipment [Line Items]
Acquisitions of property, plant and equipment	$ 8,200	$ 2,200

INTANGIBLE ASSETS AND GOODWIL_2

INTANGIBLE ASSETS AND GOODWILL - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Other Intangible Assets [Line Items]
Accumulated Amortization	$ (431,334)	$ (421,483)
Total intangible assets	1,405,516	1,410,597
Construction Permits [Member]
Other Intangible Assets [Line Items]
Gross Carrying Amount, finite-lived intangible assets	739,119	717,666
Accumulated Amortization	(16,058)	0
Indefinite-Lived Intangible Assets Acquired	48,400	10,100
Transit, street furniture and other outdoor    contractual rights
Other Intangible Assets [Line Items]
Gross Carrying Amount, finite-lived intangible assets	420,838	446,976
Accumulated Amortization	(383,184)	(397,778)
Indefinite-Lived Intangible Assets Acquired		1,500
Permanent easements
Other Intangible Assets [Line Items]
Gross Carrying Amount, indefinite-lived intangible assets	160,688	161,079
Indefinite-Lived Intangible Assets Acquired	3,800	2,300
Trademarks
Other Intangible Assets [Line Items]
Gross Carrying Amount, finite-lived intangible assets	83,569	83,569
Accumulated Amortization	(30,889)	(22,560)
Other
Other Intangible Assets [Line Items]
Gross Carrying Amount, finite-lived intangible assets	1,302	1,307
Accumulated Amortization	$ (1,203)	$ (1,145)

INTANGIBLE ASSETS AND GOODWIL_3

INTANGIBLE ASSETS AND GOODWILL - Impairment Charges (Narrative) (Details) - USD ($)	3 Months Ended	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill [Line Items]
Impairment of Intangible Assets, Indefinite-Lived (Excluding Goodwill)		$ 900,000	$ 0	$ 0
Impairment of assets			0	0
Permanent easements
Goodwill [Line Items]
Impairment of Intangible Assets, Indefinite-Lived (Excluding Goodwill)	$ 900,000
America
Goodwill [Line Items]
Impairment of Intangible Assets, Indefinite-Lived (Excluding Goodwill)		$ 21,800,000	$ 119,000,000	$ 140,700,000

INTANGIBLE ASSETS AND GOODWIL_4

INTANGIBLE ASSETS AND GOODWILL - Schedule of Estimated Amortization Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of intangible assets	$ 35,700	$ 22,500	$ 22,000
2023	78,434
2024	78,430
2025	78,149
2026	77,422
2027	76,270
Thereafter	424,789
Total	$ 813,494

INTANGIBLE ASSETS AND GOODWIL_5

INTANGIBLE ASSETS AND GOODWILL - Schedule of Changes in Carrying Amount of Goodwill (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill
Beginning balance	$ 698,704,000	$ 709,637,000
Held for sale	(19,825,000)
Impairment	(16,870,000)	0	$ (9,700,000)
Foreign currency	(11,366,000)	(10,933,000)
Ending balance	650,643,000	698,704,000	709,637,000
America
Goodwill
Beginning balance	482,937,000	482,937,000
Held for sale	0
Impairment	0
Foreign currency	0	0
Ending balance	482,937,000	482,937,000	482,937,000
Goodwill, cumulative impairment		2,600,000,000
Airports
Goodwill
Beginning balance	24,882,000	24,882,000
Held for sale	0
Impairment	0
Foreign currency	0	0
Ending balance	24,882,000	24,882,000	24,882,000
Goodwill, cumulative impairment		2,600,000,000
Europe-North
Goodwill
Beginning balance	151,710,000	160,399,000
Held for sale	0
Impairment	0
Foreign currency	(8,886,000)	(8,689,000)
Ending balance	142,824,000	151,710,000	160,399,000
Goodwill, cumulative impairment		79,400,000
Europe-South
Goodwill
Beginning balance	39,175,000	41,419,000
Held for sale	(19,825,000)
Impairment	(16,870,000)
Foreign currency	(2,480,000)	(2,244,000)
Ending balance	0	39,175,000	41,419,000
Goodwill, cumulative impairment		112,000,000
Other
Goodwill
Beginning balance	0	0
Held for sale	0
Impairment	0
Foreign currency	0	0
Ending balance	$ 0	0	$ 0
Goodwill, cumulative impairment		$ 90,400,000

INTANGIBLE ASSETS AND GOODWIL_6

INTANGIBLE ASSETS AND GOODWILL - Impairment of Goodwill (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment of goodwill	$ 16,870,000	$ 0	$ 9,700,000

ASSET RETIREMENT OBLIGATIONS (D

ASSET RETIREMENT OBLIGATIONS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Asset Retirement Obligation, Roll Forward Analysis
Beginning balance	$ 50,381	$ 46,152
Additions and adjustments due to changes in estimates	2,675	4,815
Accretion of liability	3,537	4,253
Liabilities settled	(3,951)	(3,037)
Foreign currency	(1,801)	(1,802)
Liabilities held for sale	(733)	0
Ending balance	$ 50,108	$ 50,381

STOCKHOLDERS' DEFICIT - Narrati

STOCKHOLDERS' DEFICIT - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for future issuance (in shares)	30,877,483
Tax benefit related to share-based compensation expense	$ 5.4	$ 4.8	$ 3.3
Unrecognized compensation cost related to arrangements that will vest based on service conditions	$ 16.4
Weighted average grant date fair value of options granted (in dollars per share)	$ 4.75
Restricted stock units and awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average period over which cost is expected to be recognized (in years)	2 years
Vesting period of restricted stock awards	3 years
Transfer limitation period	5 years
Performance stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of restricted stock awards	3 years
Performance stock units | TSR at 90th percentile or higher
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Relative TSR percentage achieved	150%
Performance stock units | TSR at 60th percentile
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Relative TSR percentage achieved	100%
Performance stock units | TSR at 30th percentile
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Relative TSR percentage achieved	50%
Stock options and other
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of restricted stock awards	5 years
Term of options granted	10 years

STOCKHOLDERS' DEFICIT - Summary

STOCKHOLDERS' DEFICIT - Summary of Share-Based Compensation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	$ 21,148	$ 19,398	$ 13,235
Restricted stock units and awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	15,934	15,364	10,819
Performance stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	5,083	4,007	1,897
Stock options and other
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	$ 131	$ 27	$ 519

STOCKHOLDERS' DEFICIT - Summa_2

STOCKHOLDERS' DEFICIT - Summary of Restricted Stock and Restricted Stock Units Outstanding and Activity (Details) - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Restricted stock units and awards
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Beginning balance (in shares)	15,823
Granted (in shares)	6,209
Vested (restriction lapsed) (in shares)	(8,340)
Forfeited (in shares)	(469)
Ending balance (in shares)	13,223	15,823
Price
Beginning balance (in dollars per share)	$ 1.95
Granted (in dollars per share)	2.58	$ 2.27	$ 1.04
Vested (restriction lapsed) (in dollars per share)	2.11
Forfeited (in dollars per share)	2
Ending balance (in dollars per share)	$ 2.08	$ 1.95
Performance stock units
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Beginning balance (in shares)	7,307
Granted (in shares)	1,891
Vested (restriction lapsed) (in shares)	(1,524)
Forfeited (in shares)	(110)
Ending balance (in shares)	7,564	7,307
Price
Beginning balance (in dollars per share)	$ 1.71
Granted (in dollars per share)	2.69	$ 2.55	$ 1
Vested (restriction lapsed) (in dollars per share)	2.38
Forfeited (in dollars per share)	1.50
Ending balance (in dollars per share)	$ 1.83	$ 1.71

STOCKHOLDERS' DEFICIT - Schedul

STOCKHOLDERS' DEFICIT - Schedule Assumptions Used to Calculate Fair Value of PSUs (Details) - Performance stock units	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	68.60%	65.80%	60.90%
Risk-free interest rate	2.80%	0.30%	0.20%
Expected dividend yield	0%	0%	0%

STOCKHOLDERS' DEFICIT - Summa_3

STOCKHOLDERS' DEFICIT - Summary of PSUs Outstanding and Activity (Details) - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Performance stock units
Number of PSUs
Beginning balance (in shares)	7,307
Granted (in shares)	1,891
Forfeited (in shares)	(110)
Ending balance (in shares)	7,564	7,307
Weighted-Average Grant-Date Fair Value
Beginning balance (in dollars per share)	$ 1.71
Granted (in dollars per share)	2.69	$ 2.55	$ 1
Forfeited (in dollars per share)	1.50
Ending balance (in dollars per share)	$ 1.83	$ 1.71
Restricted stock units and awards
Number of PSUs
Beginning balance (in shares)	15,823
Granted (in shares)	6,209
Forfeited (in shares)	(469)
Ending balance (in shares)	13,223	15,823
Weighted-Average Grant-Date Fair Value
Beginning balance (in dollars per share)	$ 1.95
Granted (in dollars per share)	2.58	$ 2.27	$ 1.04
Forfeited (in dollars per share)	2
Ending balance (in dollars per share)	$ 2.08	$ 1.95

STOCKHOLDERS' DEFICIT - Summa_4

STOCKHOLDERS' DEFICIT - Summary of Stock Options Outstanding and Stock Option Activity (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Options
Beginning balance (in shares)	4,050
Forfeited (in shares)	(6)
Expired (in shares)	(605)
Ending balance (in shares)	3,439	4,050
Exercisable (in shares)	3,354
Expected to vest (in shares)	85
Price
Beginning balance (in dollars per share)	$ 5.45
Forfeited (in dollars per share)	6.13
Expired (in dollars per share)	4.83
Ending balance (in dollars per share)	5.56	$ 5.45
Exercisable (in dollars per share)	5.53
Expected to vest (in dollars per share)	$ 6.85
Weighted-Average Remaining Contractual Term
Outstanding	3 years 10 months 24 days	5 years
Exercisable	3 years 10 months 24 days
Expected to vest(1)	4 years 4 months 24 days
Aggregate Intrinsic Value
Outstanding at beginning of year	$ 37
Outstanding at end of year	0	$ 37
Exercisable	0
Expected to vest(1)	$ 0

STOCKHOLDERS' DEFICIT - Computa

STOCKHOLDERS' DEFICIT - Computation of Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Numerator:
Net loss attributable to the Company – common shares	$ (96,604)	$ (433,815)	$ (582,739)
Denominator:
Weighted average common shares outstanding - basic (in shares)	474,362	468,491	464,522
Weighted average common shares outstanding - diluted (in shares)	474,362	468,491	464,522
Net loss attributable to the Company per share of common stock:
Basic (in dollars per share)	$ (0.20)	$ (0.93)	$ (1.25)
Diluted (in dollars per share)	$ (0.20)	$ (0.93)	$ (1.25)
Stock options and restricted shares not included in computation of diluted earnings per share	24,700	26,100	16,400

EMPLOYEE BENEFIT PLANS - Narrat

EMPLOYEE BENEFIT PLANS - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Defined Contribution Plan Disclosure [Line Items]
Percent of first pay contributed the company will match (as a percent)	50%
First pay contributed that will be matched (as a percent)	5%
Maximum contribution	$ 5,000
Company matching contributions	2,900,000	$ 2,400,000	$ 2,500,000
Accumulated benefit obligation	90,200,000	184,900,000
Increase (decrease) in deferred income tax liabilities	(400,000)	200,000	(700,000)
Contributions by Company	3,022,000	5,245,000	3,200,000
International
Defined Contribution Plan Disclosure [Line Items]
Company matching contributions	$ 13,800,000	$ 10,100,000	$ 14,200,000

EMPLOYEE BENEFIT PLANS - Summar

EMPLOYEE BENEFIT PLANS - Summary of Net Periodic Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Retirement Benefits [Abstract]
Service cost	$ 2,627	$ 2,135	$ 3,628
Interest cost	2,316	2,101	2,641
Expected return on plan assets	(5,225)	(5,039)	(5,153)
Amortization of actuarial losses	320	923	870
Amortization of prior service costs	(289)	(4,911)	(301)
Settlement loss	0	0	876
Curtailment gain	(969)	(4,049)	0
Total net periodic pension cost (benefit)	$ (1,220)	$ (8,840)	$ 2,561
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) Excluding Service Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]	Nonoperating Income (Expense)	Nonoperating Income (Expense)	Nonoperating Income (Expense)

EMPLOYEE BENEFIT PLANS - Summ_2

EMPLOYEE BENEFIT PLANS - Summary of Changes in Benefit Obligations and Plan Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Projected benefit obligation:
Beginning balance, projected benefit obligation	$ 193,802	$ 217,436
Service cost	2,627	2,135	$ 3,628
Interest cost	2,316	2,101	2,641
Contributions by plan participants	900	896
Actuarial loss (gain)	(48,015)	(9,184)
Foreign exchange impact	(14,914)	(4,924)
Benefits paid	(7,039)	(4,086)
Plan amendments during the period	0	(4,604)
Plan curtailment	(969)	(5,968)
Assets held For sale	(30,791)	0
Ending balance, projected benefit obligation	94,369	193,802	217,436
Fair value of plan assets:
Beginning balance, fair value of plan assets	169,906	152,857
Actual return (loss) on plan assets	(44,104)	17,787
Foreign exchange impact	(14,293)	(2,793)
Contributions by Company	3,022	5,245	3,200
Contributions by plan participants	900	896
Benefits paid	(7,039)	(4,086)
Liabilities held for sale	(34,339)	0
Ending balance, fair value of plan assets	77,601	169,906	$ 152,857
Under-funded status, net	(16,768)	(23,896)
Other Assets
Defined Benefit Plan Disclosure [Line Items]
Employee-related liabilities	$ 3,700	$ 10,000

EMPLOYEE BENEFIT PLANS - Summ_3

EMPLOYEE BENEFIT PLANS - Summary of Amortization of Prior Service Costs and Changes in Pre-tax Net Loss (Gain) Recognized in Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Defined Benefit Plan, Accumulated Other Comprehensive Income Loss Before Tax [Roll Forward]
Beginning balance, accumulated other comprehensive loss	$ 24,926	$ 50,985	$ 40,360
Net actuarial loss (gain) arising during the period	1,314	(21,932)	15,690
Amortization of net actuarial loss	(320)	(923)	(870)
Amortization of prior service costs	289	4,911	301
Plan amendments during the period	0	(4,604)	0
Other adjustments	509	(3,511)	(4,496)
Ending balance, accumulated other comprehensive loss	26,718	24,926	50,985
Unrecognized net actuarial loss	27,822	26,729	53,163
Unrecognized prior service cost	(1,104)	(1,803)	(2,178)
Total	$ 26,718	$ 24,926	$ 50,985

EMPLOYEE BENEFIT PLANS - Summ_4

EMPLOYEE BENEFIT PLANS - Summary of Assumptions Used to Measure Net Periodic Cost (Details)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Minimum
Weighted-average assumptions used to measure net periodic pension cost (benefit):
Discount rates	0.20%	0%	0.30%
Expected long-term rates of return on plan assets	1.50%	1.50%	1.50%
Rates of compensation increase	0.50%	0.50%	0.50%
Weighted-average assumptions used to measure projected benefit obligation:
Discount rates	0.30%	0.20%	0%
Expected long-term rates of return on plan assets	2%	1.50%	1.50%
Rates of compensation increase	1%	0.50%	0.50%
Maximum
Weighted-average assumptions used to measure net periodic pension cost (benefit):
Discount rates	1.80%	1.30%	2%
Expected long-term rates of return on plan assets	4%	3.90%	4.40%
Rates of compensation increase	2.60%	2.30%	2.30%
Weighted-average assumptions used to measure projected benefit obligation:
Discount rates	4.65%	1.80%	1.30%
Expected long-term rates of return on plan assets	6.80%	4%	3.90%
Rates of compensation increase	3.75%	2.60%	2.30%

EMPLOYEE BENEFIT PLANS - Summ_5

EMPLOYEE BENEFIT PLANS - Summary of Defined-benefit Pension Plans’ Assets and Fair Value (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 77,601	$ 169,906	$ 152,857
Level 1(1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	1,517
Level 2(2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	77,601	168,389
Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Cash and short-term investments | Level 1(1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	1,517
Cash and short-term investments | Level 2(2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2,174	17,620
Cash and short-term investments | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Credit instruments | Level 1(1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Credit instruments | Level 2(2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	10,493	16,069
Credit instruments | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Equity securities | Level 1(1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Equity securities | Level 2(2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	45,864	89,167
Equity securities | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Real estate | Level 1(1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Real estate | Level 2(2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	962	8,908
Real estate | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Corporate bonds | Level 1(1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Corporate bonds | Level 2(2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	14,886	32,718
Corporate bonds | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Insurance contracts | Level 1(1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Insurance contracts | Level 2(2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	3,222	3,907
Insurance contracts | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 0	$ 0

EMPLOYEE BENEFIT PLANS - Summ_6

EMPLOYEE BENEFIT PLANS - Summary of Expected Benefit Payments (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Retirement Benefits [Abstract]
2023	$ 4,043
2024	4,040
2025	5,304
2026	4,910
2027	4,990
2028 - 2032	$ 30,031

OTHER INFORMATION - Reconciliat

OTHER INFORMATION - Reconciliation of Cash (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other Income and Expenses [Abstract]
Cash and cash equivalents	$ 286,781	$ 410,767
Restricted cash included in:
Other current assets	2,763	1,685
Assets held for sale	512	0
Other assets	8,057	7,519
Total cash, cash equivalents and restricted cash in the Statements of Cash Flows	$ 298,682	$ 419,971	$ 795,061	$ 417,075

OTHER INFORMATION - Accounts Re

OTHER INFORMATION - Accounts Receivable (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Other Income and Expenses [Abstract]
Accounts receivable	$ 642,390	$ 666,888
Less: Allowance for credit losses	22,561	23,772
Accounts receivable, net	$ 619,829	$ 643,116

OTHER INFORMATION - Schedule of

OTHER INFORMATION - Schedule of Accrued Expenses (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Other Income and Expenses [Abstract]
Accrued rent	$ 159,591	$ 160,074
Accrued employee compensation and benefits	109,594	144,802
Accrued taxes	52,587	57,764
Accrued other	167,010	160,724
Total accrued expenses	$ 488,782	$ 523,364

OTHER INFORMATION - Components

OTHER INFORMATION - Components of Other Income (Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Other Income and Expenses [Abstract]
Foreign exchange gain (loss)	$ (39,141)	$ (3,981)	$ 502
Equity in earnings of nonconsolidated affiliates	2,003	176	697
Other	2,059	5,567	(1,369)
Total other income (expense), net	$ (35,079)	$ 1,762	$ (170)

HELD FOR SALE - Narrative (Deta

HELD FOR SALE - Narrative (Details) - Dec. 31, 2022 SFr in Millions, $ in Millions	USD ($)	CHF (SFr)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash received from sale of business | $	$ 92.7
Goldbach Group AG
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued Operation, Consideration | SFr		SFr 86

HELD FOR SALE (Details)

HELD FOR SALE (Details) - Disposal Group, Held-for-sale or Disposed of by Sale, Not Discontinued Operations - Clear Media Limited - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Assets classified as held for sale:
Cash and cash equivalents	$ 569	$ 0
Accounts receivable, net	11,938
Prepaid expenses	440
Other current assets	650
Goodwill	19,825
Operating lease right-of-use assets	85,476
Other assets	1,199
Assets held for sale	131,540
Liabilities classified as held for sale:
Accounts payable	636
Accrued expenses	14,301
Current operating lease liabilities	29,581
Other current liabilities	4,424
Non-current operating lease liabilities	57,059
Other long-term liabilities	5,160
Liabilities held for sale	111,161
Structures
Assets classified as held for sale:
Property, plant and equipment, net	9,115
Other property, plant and equipment, net
Assets classified as held for sale:
Property, plant and equipment, net	$ 2,328

SCHEDULE II VALUATION AND QUA_2

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS - Allowance for Doubtful Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Movement in Valuation Allowances and Reserves
Total stockholders' equity (deficit)	$ 3,262,806	$ 3,193,970	$ 2,782,602	$ 2,054,706
Accumulated Deficit
Movement in Valuation Allowances and Reserves
Total stockholders' equity (deficit)	6,469,953	6,373,349	5,939,534	5,349,611
Cumulative Effect, Period of Adoption, Adjustment
Movement in Valuation Allowances and Reserves
Total stockholders' equity (deficit)				7,181
Cumulative Effect, Period of Adoption, Adjustment | Accumulated Deficit
Movement in Valuation Allowances and Reserves
Total stockholders' equity (deficit)			7,200	7,181
Allowance for Doubtful Accounts
Movement in Valuation Allowances and Reserves
Balance at Beginning of Period	23,772	32,043	23,786
Charges to Costs, Expenses and other	6,479	(2,727)	19,390
Write-off of Accounts Receivable	(6,926)	(4,502)	(4,911)
Other	(764)	(1,042)	(13,403)
Balance at End of Period	$ 22,561	23,772	32,043
Allowance for Doubtful Accounts | Cumulative Effect, Period of Adoption, Adjustment | Accumulated Deficit
Movement in Valuation Allowances and Reserves
Total stockholders' equity (deficit)		$ 0	$ 0	$ 7,181

SCHEDULE II VALUATION AND QUA_3

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS - Deferred Tax Asset Valuation Allowance (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Movement in Valuation Allowances and Reserves
Deferred tax assets, valuation allowance	$ 317,950	$ 396,479
Deferred Tax Asset Valuation Allowance
Movement in Valuation Allowances and Reserves
Balance at Beginning of Period	396,479	350,891	$ 292,939
Charges to Costs, Expenses and other	33,125	74,837	96,422
Reversal	(92,894)	(11,966)	(2,091)
Adjustments	(18,760)	(17,283)	(36,379)
Balance at End of Period	$ 317,950	396,479	$ 350,891
Deferred Tax Asset Valuation Allowance | Foreign
Movement in Valuation Allowances and Reserves
Charges to Costs, Expenses and other		$ 33,100

Uncategorized Items - cco-20221

Label	Element	Value
Accounting Standards Update [Extensible Enumeration]	us-gaap_AccountingStandardsUpdateExtensibleList	Accounting Standards Update 2016-02 [Member]