This phrase is not literal but emphasizes extensive involvement or dedication. Maria lives and breathes theater; she's always performing or directing plays.
Pro Tip 2/3
Emotional Intensity
Use it to express strong emotional attachment and enthusiasm for an activity or subject. When she talks about painting, you can tell she lives and breathes it.
Pro Tip 3/3
Not Always Positive
Can be viewed negatively if it implies neglecting other aspects of life. He lives and breathes his work, barely taking time for his family.