Company: CCO
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001334978-25-000008
Chunk: 106

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 106
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) in other operating liabilities(5,543)(1,678)(2,621)Net cash provided by operating activities79,746 31,254 139,992 Cash flows from investing activities:Capital expenditures(142,395)(166,594)(184,679)Payments for acquisition of businesses and/or assets, net of cash acquired(26,638)(12,140)(61,984)Proceeds from disposition of businesses and/or assets, net of direct costs to sell and cash sold13,712 59,848 27,082 Other investing activities, net(618)(687)(2,115)Net cash used for investing activities(155,939)(119,573)(221,696)Cash flows from financing activities:Proceeds from long-term debt1,657,000 750,000 — Payments on long-term debt(1,635,562)(683,544)(21,377)Debt issuance and modification costs(20,744)(13,359)— Taxes paid related to net share settlement of equity awards(4,878)(4,782)(10,945)Payments to noncontrolling interests, net(3,992)(2,677)(396)Net cash (used for) provided by financing activities(8,176)45,638 (32,718)Effect of exchange rate changes on cash, cash equivalents and restricted cash(4,100)4,540 (6,867)Net decrease in cash, cash equivalents and restricted cash(88,469)(38,141)(121,289)Cash, cash equivalents and restricted cash at beginning of year260,541 298,682 419,971 Cash, cash equivalents and restricted cash at end of year$172,072 $260,541 $298,682 Supplemental Disclosures:Cash paid for interest$434,520 $404,398 $341,444 Cash paid for income taxes, net of refunds$16,150 $10,346 $4,956 

See Notes to Consolidated Financial Statements

52

Table of ContentsCLEAR CHANNEL OUTDOOR HOLDINGS, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1 – DESCRIPTION OF BUSINESS

Clear Channel Outdoor Holdings, Inc. (“CCOH”) is a publicly traded company that sells out-of-home advertising on displays it owns or operates, including roadside billboards, street furniture and airport displays,