Financial Information for Tracking Stock Groups (Tables)
|
9 Months Ended |
Sep. 30, 2018 |
|---|
| Condensed Financial Information Disclosure [Abstract] |
Ìý
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| Condensed Balance Sheet |
BALANCE SHEET INFORMATION
September 30, 2018
Ìý
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Ìý
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Ìý
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Ìý
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Ìý
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Ìý
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Ìý
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Ìý
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Ìý
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Ìý
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Ìý
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Ìý
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Ìý
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Ìý
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Ìý
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Ìý
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Ìý
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Attributed (note 1)
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Ìý
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Ìý
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Ìý
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Ìý
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Ìý
|
|
Ìý
|
Ìý
|
Liberty
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
SiriusXM
|
Ìý
|
Braves
|
Ìý
|
Formula One
|
Ìý
|
Inter-Group
|
Ìý
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Consolidated
|
Ìý
|
|
Ìý
|
ÌýÌýÌýÌý
|
Group
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Eliminations
|
Ìý
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Liberty
|
ÌýÌýÌýÌý
|
|
Ìý
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Ìý
|
amountsÌýinÌýmillions
|
Ìý
|
|
Assets
|
Ìý
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Ìý
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Ìý
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Ìý
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Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Current assets:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Cash and cash equivalents
|
Ìý
|
$
|
126
|
Ìý
|
78
|
Ìý
|
151
|
Ìý
|
Ìý—
|
Ìý
|
355
|
Ìý
|
|
Trade and other receivables, net
|
Ìý
|
Ìý
|
246
|
Ìý
|
41
|
Ìý
|
153
|
Ìý
|
Ìý—
|
Ìý
|
440
|
Ìý
|
|
Other current assets
|
Ìý
|
Ìý
|
202
|
Ìý
|
140
|
Ìý
|
104
|
Ìý
|
Ìý—
|
Ìý
|
446
|
Ìý
|
|
Total current assets
|
Ìý
|
Ìý
|
574
|
Ìý
|
259
|
Ìý
|
408
|
Ìý
|
Ìý—
|
Ìý
|
1,241
|
Ìý
|
|
Intergroup interest in the Liberty Braves Group (note 1)
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
248
|
Ìý
|
(248)
|
Ìý
|
Ìý—
|
Ìý
|
|
Investments in debt and equity securities (noteÌý1)
|
Ìý
|
Ìý
|
1,050
|
Ìý
|
Ìý8
|
Ìý
|
348
|
Ìý
|
Ìý—
|
Ìý
|
1,406
|
Ìý
|
|
Investments in affiliates, accounted for using the equity method (noteÌý1)
|
Ìý
|
Ìý
|
661
|
Ìý
|
97
|
Ìý
|
972
|
Ìý
|
Ìý—
|
Ìý
|
1,730
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Property and equipment, at cost
|
Ìý
|
Ìý
|
2,404
|
Ìý
|
1,238
|
Ìý
|
179
|
Ìý
|
Ìý—
|
Ìý
|
3,821
|
Ìý
|
|
Accumulated depreciation
|
Ìý
|
Ìý
|
(1,065)
|
Ìý
|
(93)
|
Ìý
|
(87)
|
Ìý
|
Ìý—
|
Ìý
|
(1,245)
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
1,339
|
Ìý
|
1,145
|
Ìý
|
92
|
Ìý
|
Ìý—
|
Ìý
|
2,576
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Intangible assets not subject to amortization
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Goodwill
|
Ìý
|
Ìý
|
14,250
|
Ìý
|
180
|
Ìý
|
3,956
|
Ìý
|
Ìý—
|
Ìý
|
18,386
|
Ìý
|
|
FCC licenses
|
Ìý
|
Ìý
|
8,600
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
8,600
|
Ìý
|
|
Other
|
Ìý
|
Ìý
|
931
|
Ìý
|
143
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
1,074
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
23,781
|
Ìý
|
323
|
Ìý
|
3,956
|
Ìý
|
Ìý—
|
Ìý
|
28,060
|
Ìý
|
|
Intangible assets subject to amortization, net
|
Ìý
|
Ìý
|
947
|
Ìý
|
38
|
Ìý
|
4,845
|
Ìý
|
Ìý—
|
Ìý
|
5,830
|
Ìý
|
|
Other assets
|
Ìý
|
Ìý
|
124
|
Ìý
|
43
|
Ìý
|
614
|
Ìý
|
Ìý—
|
Ìý
|
781
|
Ìý
|
|
Total assets
|
Ìý
|
$
|
28,476
|
Ìý
|
1,913
|
Ìý
|
11,483
|
Ìý
|
(248)
|
Ìý
|
41,624
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Liabilities and Equity
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Current liabilities:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Intergroup payable (receivable) (note 3)
|
Ìý
|
$
|
17
|
Ìý
|
(56)
|
Ìý
|
39
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
|
Accounts payable and accrued liabilities
|
Ìý
|
Ìý
|
842
|
Ìý
|
31
|
Ìý
|
224
|
Ìý
|
Ìý—
|
Ìý
|
1,097
|
Ìý
|
|
Current portion of debt (noteÌý1)
|
Ìý
|
Ìý
|
Ìý4
|
Ìý
|
14
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
18
|
Ìý
|
|
Deferred revenue
|
Ìý
|
Ìý
|
1,955
|
Ìý
|
45
|
Ìý
|
235
|
Ìý
|
Ìý—
|
Ìý
|
2,235
|
Ìý
|
|
Other current liabilities
|
Ìý
|
Ìý
|
17
|
Ìý
|
Ìý9
|
Ìý
|
Ìý3
|
Ìý
|
Ìý—
|
Ìý
|
29
|
Ìý
|
|
Total current liabilities
|
Ìý
|
Ìý
|
2,835
|
Ìý
|
43
|
Ìý
|
501
|
Ìý
|
Ìý—
|
Ìý
|
3,379
|
Ìý
|
|
Long-term debt (note 1)
|
Ìý
|
Ìý
|
7,507
|
Ìý
|
608
|
Ìý
|
5,265
|
Ìý
|
Ìý—
|
Ìý
|
13,380
|
Ìý
|
|
Deferred income tax liabilities
|
Ìý
|
Ìý
|
1,607
|
Ìý
|
73
|
Ìý
|
(70)
|
Ìý
|
Ìý—
|
Ìý
|
1,610
|
Ìý
|
|
Redeemable intergroup interest (note 1)
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
248
|
Ìý
|
Ìý—
|
Ìý
|
(248)
|
Ìý
|
Ìý—
|
Ìý
|
|
Other liabilities
|
Ìý
|
Ìý
|
266
|
Ìý
|
519
|
Ìý
|
101
|
Ìý
|
Ìý—
|
Ìý
|
886
|
Ìý
|
|
Total liabilities
|
Ìý
|
Ìý
|
12,215
|
Ìý
|
1,491
|
Ìý
|
5,797
|
Ìý
|
(248)
|
Ìý
|
19,255
|
Ìý
|
|
Equity / Attributed net assets
|
Ìý
|
Ìý
|
10,759
|
Ìý
|
417
|
Ìý
|
5,684
|
Ìý
|
Ìý—
|
Ìý
|
16,860
|
Ìý
|
|
Noncontrolling interests in equity of subsidiaries
|
Ìý
|
Ìý
|
5,502
|
Ìý
|
Ìý5
|
Ìý
|
Ìý2
|
Ìý
|
Ìý—
|
Ìý
|
5,509
|
Ìý
|
|
Total liabilities and equity
|
Ìý
|
$
|
28,476
|
Ìý
|
1,913
|
Ìý
|
11,483
|
Ìý
|
(248)
|
Ìý
|
41,624
|
Ìý
|
Ìý
|
| Condensed Statement of Operations |
STATEMENT OF OPERATIONS INFORMATION
Three months ended September 30, 2018
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Attributed (note 1)
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Liberty
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
SiriusXM
|
Ìý
|
Braves
|
Ìý
|
Formula One
|
Ìý
|
Consolidated
|
Ìý
|
|
Ìý
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Liberty
|
Ìý
|
|
Ìý
|
Ìý
|
amounts in millions
|
Ìý
|
|
Revenue:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Subscriber revenue
|
Ìý
|
$
|
1,163
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
1,163
|
Ìý
|
|
Formula 1 revenue
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
647
|
Ìý
|
647
|
Ìý
|
|
Other revenue
|
Ìý
|
Ìý
|
305
|
Ìý
|
200
|
Ìý
|
Ìý—
|
Ìý
|
505
|
Ìý
|
|
Total revenue
|
Ìý
|
Ìý
|
1,468
|
Ìý
|
200
|
Ìý
|
647
|
Ìý
|
2,315
|
Ìý
|
|
Operating costs and expenses, including stock-based compensation (note 2):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Cost of subscriber services (exclusive of depreciation shown separately below):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Revenue share and royalties
|
Ìý
|
Ìý
|
343
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
343
|
Ìý
|
|
Programming and content
|
Ìý
|
Ìý
|
97
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
97
|
Ìý
|
|
Customer service and billing
|
Ìý
|
Ìý
|
95
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
95
|
Ìý
|
|
Other
|
Ìý
|
Ìý
|
30
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
30
|
Ìý
|
|
Cost of Formula 1 revenue
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
450
|
Ìý
|
450
|
Ìý
|
|
Subscriber acquisition costs
|
Ìý
|
Ìý
|
110
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
110
|
Ìý
|
|
Other operating expenses
|
Ìý
|
Ìý
|
31
|
Ìý
|
99
|
Ìý
|
Ìý—
|
Ìý
|
130
|
Ìý
|
|
Selling, general and administrative
|
Ìý
|
Ìý
|
214
|
Ìý
|
33
|
Ìý
|
48
|
Ìý
|
295
|
Ìý
|
|
Depreciation and amortization
|
Ìý
|
Ìý
|
93
|
Ìý
|
23
|
Ìý
|
118
|
Ìý
|
234
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
1,013
|
Ìý
|
155
|
Ìý
|
616
|
Ìý
|
1,784
|
Ìý
|
|
Operating income (loss)
|
Ìý
|
Ìý
|
455
|
Ìý
|
45
|
Ìý
|
31
|
Ìý
|
531
|
Ìý
|
|
Other income (expense):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Interest expense
|
Ìý
|
Ìý
|
(95)
|
Ìý
|
(6)
|
Ìý
|
(49)
|
Ìý
|
(150)
|
Ìý
|
|
Share of earnings (losses) of affiliates, net
|
Ìý
|
Ìý
|
(2)
|
Ìý
|
Ìý2
|
Ìý
|
58
|
Ìý
|
58
|
Ìý
|
|
Realized and unrealized gains (losses) on financial instruments, net
|
Ìý
|
Ìý
|
(51)
|
Ìý
|
Ìý1
|
Ìý
|
19
|
Ìý
|
(31)
|
Ìý
|
|
Unrealized gains (losses) on intergroup interest (note 1)
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
(13)
|
Ìý
|
13
|
Ìý
|
Ìý—
|
Ìý
|
|
Other, net
|
Ìý
|
Ìý
|
Ìý6
|
Ìý
|
Ìý—
|
Ìý
|
Ìý4
|
Ìý
|
10
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
(142)
|
Ìý
|
(16)
|
Ìý
|
45
|
Ìý
|
(113)
|
Ìý
|
|
Earnings (loss) before income taxes
|
Ìý
|
Ìý
|
313
|
Ìý
|
29
|
Ìý
|
76
|
Ìý
|
418
|
Ìý
|
|
Income tax (expense) benefit
|
Ìý
|
Ìý
|
(30)
|
Ìý
|
12
|
Ìý
|
(34)
|
Ìý
|
(52)
|
Ìý
|
|
Net earnings (loss)
|
Ìý
|
Ìý
|
283
|
Ìý
|
41
|
Ìý
|
42
|
Ìý
|
366
|
Ìý
|
|
Less net earnings (loss) attributable to the noncontrolling interests
|
Ìý
|
Ìý
|
98
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
98
|
Ìý
|
|
Net earnings (loss) attributable to Liberty stockholders
|
Ìý
|
$
|
185
|
Ìý
|
41
|
Ìý
|
42
|
Ìý
|
268
|
Ìý
|
Ìý
STATEMENT OF OPERATIONS INFORMATION
Three months endedÌýSeptember 30, 2017
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Attributed (note 1)
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Liberty
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
SiriusXM
|
Ìý
|
Braves
|
Ìý
|
Formula One
|
Ìý
|
Consolidated
|
Ìý
|
|
Ìý
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Liberty
|
Ìý
|
|
Ìý
|
Ìý
|
amounts in millions
|
Ìý
|
|
Revenue:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Subscriber revenue
|
Ìý
|
$
|
1,136
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
1,136
|
Ìý
|
|
Formula 1 revenue
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
501
|
Ìý
|
501
|
Ìý
|
|
Other revenue
|
Ìý
|
Ìý
|
243
|
Ìý
|
185
|
Ìý
|
Ìý—
|
Ìý
|
428
|
Ìý
|
|
Total revenue
|
Ìý
|
Ìý
|
1,379
|
Ìý
|
185
|
Ìý
|
501
|
Ìý
|
2,065
|
Ìý
|
|
Operating costs and expenses, including stock-based compensation (note 2):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Cost of subscriber services (exclusive of depreciation shown separately below):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Revenue share and royalties
|
Ìý
|
Ìý
|
297
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
297
|
Ìý
|
|
Programming and content
|
Ìý
|
Ìý
|
98
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
98
|
Ìý
|
|
Customer service and billing
|
Ìý
|
Ìý
|
95
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
95
|
Ìý
|
|
Other
|
Ìý
|
Ìý
|
29
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
29
|
Ìý
|
|
Cost of Formula 1 revenue
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
354
|
Ìý
|
354
|
Ìý
|
|
Subscriber acquisition costs
|
Ìý
|
Ìý
|
119
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
119
|
Ìý
|
|
Other operating expenses
|
Ìý
|
Ìý
|
30
|
Ìý
|
109
|
Ìý
|
Ìý—
|
Ìý
|
139
|
Ìý
|
|
Selling, general and administrative
|
Ìý
|
Ìý
|
210
|
Ìý
|
61
|
Ìý
|
53
|
Ìý
|
324
|
Ìý
|
|
Depreciation and amortization
|
Ìý
|
Ìý
|
93
|
Ìý
|
24
|
Ìý
|
111
|
Ìý
|
228
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
971
|
Ìý
|
194
|
Ìý
|
518
|
Ìý
|
1,683
|
Ìý
|
|
Operating income (loss)
|
Ìý
|
Ìý
|
408
|
Ìý
|
(9)
|
Ìý
|
(17)
|
Ìý
|
382
|
Ìý
|
|
Other income (expense):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Interest expense
|
Ìý
|
Ìý
|
(95)
|
Ìý
|
(7)
|
Ìý
|
(57)
|
Ìý
|
(159)
|
Ìý
|
|
Share of earnings (losses) of affiliates, net
|
Ìý
|
Ìý
|
34
|
Ìý
|
68
|
Ìý
|
53
|
Ìý
|
155
|
Ìý
|
|
Realized and unrealized gains (losses) on financial instruments, net
|
Ìý
|
Ìý
|
62
|
Ìý
|
Ìý—
|
Ìý
|
(44)
|
Ìý
|
18
|
Ìý
|
|
Unrealized gains (losses) on intergroup interest (note 1)
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
(12)
|
Ìý
|
12
|
Ìý
|
Ìý—
|
Ìý
|
|
Other, net
|
Ìý
|
Ìý
|
(19)
|
Ìý
|
Ìý1
|
Ìý
|
Ìý7
|
Ìý
|
(11)
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
(18)
|
Ìý
|
50
|
Ìý
|
(29)
|
Ìý
|
Ìý3
|
Ìý
|
|
Earnings (loss) before income taxes
|
Ìý
|
Ìý
|
390
|
Ìý
|
41
|
Ìý
|
(46)
|
Ìý
|
385
|
Ìý
|
|
Income tax (expense) benefit
|
Ìý
|
Ìý
|
(116)
|
Ìý
|
(19)
|
Ìý
|
11
|
Ìý
|
(124)
|
Ìý
|
|
Net earnings (loss)
|
Ìý
|
Ìý
|
274
|
Ìý
|
22
|
Ìý
|
(35)
|
Ìý
|
261
|
Ìý
|
|
Less net earnings (loss) attributable to the noncontrolling interests
|
Ìý
|
Ìý
|
91
|
Ìý
|
Ìý—
|
Ìý
|
Ìý2
|
Ìý
|
93
|
Ìý
|
|
Net earnings (loss) attributable to Liberty stockholders
|
Ìý
|
$
|
183
|
Ìý
|
22
|
Ìý
|
(37)
|
Ìý
|
168
|
Ìý
|
Ìý
STATEMENT OF OPERATIONS INFORMATION
Nine months ended September 30, 2018
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Attributed (note 1)
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Liberty
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
SiriusXM
|
Ìý
|
Braves
|
Ìý
|
Formula One
|
Ìý
|
Consolidated
|
Ìý
|
|
Ìý
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Liberty
|
Ìý
|
|
Ìý
|
Ìý
|
amounts in millions
|
Ìý
|
|
Revenue:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Subscriber revenue
|
Ìý
|
$
|
3,419
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
3,419
|
Ìý
|
|
Formula 1 revenue
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
1,346
|
Ìý
|
1,346
|
Ìý
|
|
Other revenue
|
Ìý
|
Ìý
|
856
|
Ìý
|
410
|
Ìý
|
Ìý—
|
Ìý
|
1,266
|
Ìý
|
|
Total revenue
|
Ìý
|
Ìý
|
4,275
|
Ìý
|
410
|
Ìý
|
1,346
|
Ìý
|
6,031
|
Ìý
|
|
Operating costs and expenses, including stock-based compensation (note 2):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Cost of subscriber services (exclusive of depreciation shown separately below):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Revenue share and royalties
|
Ìý
|
Ìý
|
1,057
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
1,057
|
Ìý
|
|
Programming and content
|
Ìý
|
Ìý
|
303
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
303
|
Ìý
|
|
Customer service and billing
|
Ìý
|
Ìý
|
284
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
284
|
Ìý
|
|
Other
|
Ìý
|
Ìý
|
92
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
92
|
Ìý
|
|
Cost of Formula 1 revenue
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
945
|
Ìý
|
945
|
Ìý
|
|
Subscriber acquisition costs
|
Ìý
|
Ìý
|
352
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
352
|
Ìý
|
|
Other operating expenses
|
Ìý
|
Ìý
|
89
|
Ìý
|
233
|
Ìý
|
Ìý—
|
Ìý
|
322
|
Ìý
|
|
Selling, general and administrative
|
Ìý
|
Ìý
|
640
|
Ìý
|
86
|
Ìý
|
137
|
Ìý
|
863
|
Ìý
|
|
Depreciation and amortization
|
Ìý
|
Ìý
|
274
|
Ìý
|
62
|
Ìý
|
345
|
Ìý
|
681
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
3,091
|
Ìý
|
381
|
Ìý
|
1,427
|
Ìý
|
4,899
|
Ìý
|
|
Operating income (loss)
|
Ìý
|
Ìý
|
1,184
|
Ìý
|
29
|
Ìý
|
(81)
|
Ìý
|
1,132
|
Ìý
|
|
Other income (expense):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Interest expense
|
Ìý
|
Ìý
|
(291)
|
Ìý
|
(19)
|
Ìý
|
(143)
|
Ìý
|
(453)
|
Ìý
|
|
Share of earnings (losses) of affiliates, net
|
Ìý
|
Ìý
|
(2)
|
Ìý
|
Ìý8
|
Ìý
|
66
|
Ìý
|
72
|
Ìý
|
|
Realized and unrealized gains (losses) on financial instruments, net
|
Ìý
|
Ìý
|
69
|
Ìý
|
Ìý1
|
Ìý
|
110
|
Ìý
|
180
|
Ìý
|
|
Unrealized gains (losses) on intergroup interest (note 1)
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
(46)
|
Ìý
|
46
|
Ìý
|
Ìý—
|
Ìý
|
|
Other, net
|
Ìý
|
Ìý
|
23
|
Ìý
|
Ìý2
|
Ìý
|
12
|
Ìý
|
37
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
(201)
|
Ìý
|
(54)
|
Ìý
|
91
|
Ìý
|
(164)
|
Ìý
|
|
Earnings (loss) before income taxes
|
Ìý
|
Ìý
|
983
|
Ìý
|
(25)
|
Ìý
|
10
|
Ìý
|
968
|
Ìý
|
|
Income tax (expense) benefit
|
Ìý
|
Ìý
|
(170)
|
Ìý
|
11
|
Ìý
|
25
|
Ìý
|
(134)
|
Ìý
|
|
Net earnings (loss)
|
Ìý
|
Ìý
|
813
|
Ìý
|
(14)
|
Ìý
|
35
|
Ìý
|
834
|
Ìý
|
|
Less net earnings (loss) attributable to the noncontrolling interests
|
Ìý
|
Ìý
|
263
|
Ìý
|
(1)
|
Ìý
|
Ìý1
|
Ìý
|
263
|
Ìý
|
|
Net earnings (loss) attributable to Liberty stockholders
|
Ìý
|
$
|
550
|
Ìý
|
(13)
|
Ìý
|
34
|
Ìý
|
571
|
Ìý
|
STATEMENT OF OPERATIONS INFORMATION
Nine months ended September 30, 2017
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Attributed (note 1)
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Liberty
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
SiriusXM
|
Ìý
|
Braves
|
Ìý
|
Formula One
|
Ìý
|
Consolidated
|
Ìý
|
|
Ìý
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Liberty
|
Ìý
|
|
Ìý
|
Ìý
|
amounts in millions
|
Ìý
|
|
Revenue:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Subscriber revenue
|
Ìý
|
$
|
3,325
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
3,325
|
Ìý
|
|
Formula 1 revenue
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
1,213
|
Ìý
|
1,213
|
Ìý
|
|
Other revenue
|
Ìý
|
Ìý
|
696
|
Ìý
|
366
|
Ìý
|
Ìý—
|
Ìý
|
1,062
|
Ìý
|
|
Total revenue
|
Ìý
|
Ìý
|
4,021
|
Ìý
|
366
|
Ìý
|
1,213
|
Ìý
|
5,600
|
Ìý
|
|
Operating costs and expenses, including stock-based compensation (note 2):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Cost of subscriber services (exclusive of depreciation shown separately below):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Revenue share and royalties
|
Ìý
|
Ìý
|
867
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
867
|
Ìý
|
|
Programming and content
|
Ìý
|
Ìý
|
290
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
290
|
Ìý
|
|
Customer service and billing
|
Ìý
|
Ìý
|
287
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
287
|
Ìý
|
|
Other
|
Ìý
|
Ìý
|
86
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
86
|
Ìý
|
|
Cost of Formula 1 revenue
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
836
|
Ìý
|
836
|
Ìý
|
|
Subscriber acquisition costs
|
Ìý
|
Ìý
|
372
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
372
|
Ìý
|
|
Other operating expenses
|
Ìý
|
Ìý
|
81
|
Ìý
|
252
|
Ìý
|
Ìý—
|
Ìý
|
333
|
Ìý
|
|
Selling, general and administrative
|
Ìý
|
Ìý
|
596
|
Ìý
|
109
|
Ìý
|
146
|
Ìý
|
851
|
Ìý
|
|
Depreciation and amortization
|
Ìý
|
Ìý
|
270
|
Ìý
|
50
|
Ìý
|
295
|
Ìý
|
615
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
2,849
|
Ìý
|
411
|
Ìý
|
1,277
|
Ìý
|
4,537
|
Ìý
|
|
Operating income (loss)
|
Ìý
|
Ìý
|
1,172
|
Ìý
|
(45)
|
Ìý
|
(64)
|
Ìý
|
1,063
|
Ìý
|
|
Other income (expense):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Interest expense
|
Ìý
|
Ìý
|
(264)
|
Ìý
|
(9)
|
Ìý
|
(175)
|
Ìý
|
(448)
|
Ìý
|
|
Share of earnings (losses) of affiliates, net
|
Ìý
|
Ìý
|
32
|
Ìý
|
72
|
Ìý
|
63
|
Ìý
|
167
|
Ìý
|
|
Realized and unrealized gains (losses) on financial instruments, net
|
Ìý
|
Ìý
|
62
|
Ìý
|
Ìý—
|
Ìý
|
(105)
|
Ìý
|
(43)
|
Ìý
|
|
Unrealized gains (losses) on intergroup interest (note 1)
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
(43)
|
Ìý
|
43
|
Ìý
|
Ìý—
|
Ìý
|
|
Other, net
|
Ìý
|
Ìý
|
(20)
|
Ìý
|
Ìý6
|
Ìý
|
16
|
Ìý
|
Ìý2
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
(190)
|
Ìý
|
26
|
Ìý
|
(158)
|
Ìý
|
(322)
|
Ìý
|
|
Earnings (loss) before income taxes
|
Ìý
|
Ìý
|
982
|
Ìý
|
(19)
|
Ìý
|
(222)
|
Ìý
|
741
|
Ìý
|
|
Income tax (expense) benefit
|
Ìý
|
Ìý
|
(334)
|
Ìý
|
(10)
|
Ìý
|
64
|
Ìý
|
(280)
|
Ìý
|
|
Net earnings (loss)
|
Ìý
|
Ìý
|
648
|
Ìý
|
(29)
|
Ìý
|
(158)
|
Ìý
|
461
|
Ìý
|
|
Less net earnings (loss) attributable to the noncontrolling interests
|
Ìý
|
Ìý
|
218
|
Ìý
|
Ìý—
|
Ìý
|
Ìý2
|
Ìý
|
220
|
Ìý
|
|
Net earnings (loss) attributable to Liberty stockholders
|
Ìý
|
$
|
430
|
Ìý
|
(29)
|
Ìý
|
(160)
|
Ìý
|
241
|
Ìý
|
Ìý
|
| Condensed Statement of Cash Flows |
STATEMENT OF CASH FLOWS INFORMATION
Nine months endedÌýSeptember 30, 2018
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Attributed (note 1)
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Liberty
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
SiriusXM
|
Ìý
|
Braves
|
Ìý
|
Formula One
|
Ìý
|
Consolidated
|
Ìý
|
|
Ìý
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Liberty
|
Ìý
|
|
Ìý
|
Ìý
|
amountsÌýinÌýmillions
|
Ìý
|
|
Cash flows from operating activities:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Net earnings (loss)
|
Ìý
|
$
|
813
|
Ìý
|
(14)
|
Ìý
|
35
|
Ìý
|
834
|
Ìý
|
|
Adjustments to reconcile net earnings to net cash provided by operating activities:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Depreciation and amortization
|
Ìý
|
Ìý
|
274
|
Ìý
|
62
|
Ìý
|
345
|
Ìý
|
681
|
Ìý
|
|
Stock-based compensation
|
Ìý
|
Ìý
|
117
|
Ìý
|
Ìý9
|
Ìý
|
19
|
Ìý
|
145
|
Ìý
|
|
Share of (earnings) loss of affiliates, net
|
Ìý
|
Ìý
|
Ìý2
|
Ìý
|
(8)
|
Ìý
|
(66)
|
Ìý
|
(72)
|
Ìý
|
|
Unrealized (gains) losses on intergroup interest, net
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
46
|
Ìý
|
(46)
|
Ìý
|
Ìý—
|
Ìý
|
|
Realized and unrealized (gains) losses on financial instruments, net
|
Ìý
|
Ìý
|
(69)
|
Ìý
|
(1)
|
Ìý
|
(110)
|
Ìý
|
(180)
|
Ìý
|
|
Noncash interest expense (benefit)
|
Ìý
|
Ìý
|
(9)
|
Ìý
|
Ìý4
|
Ìý
|
(1)
|
Ìý
|
(6)
|
Ìý
|
|
Deferred income tax expense (benefit)
|
Ìý
|
Ìý
|
159
|
Ìý
|
Ìý3
|
Ìý
|
(30)
|
Ìý
|
132
|
Ìý
|
|
Intergroup tax allocation
|
Ìý
|
Ìý
|
21
|
Ìý
|
(14)
|
Ìý
|
(7)
|
Ìý
|
Ìý—
|
Ìý
|
|
Other charges (credits), net
|
Ìý
|
Ìý
|
Ìý2
|
Ìý
|
Ìý9
|
Ìý
|
Ìý2
|
Ìý
|
13
|
Ìý
|
|
Changes in operating assets and liabilities
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Current and other assets
|
Ìý
|
Ìý
|
(33)
|
Ìý
|
(3)
|
Ìý
|
(83)
|
Ìý
|
(119)
|
Ìý
|
|
Payables and other liabilities
|
Ìý
|
Ìý
|
14
|
Ìý
|
(30)
|
Ìý
|
223
|
Ìý
|
207
|
Ìý
|
|
Net cash provided (used) by operating activities
|
Ìý
|
Ìý
|
1,291
|
Ìý
|
63
|
Ìý
|
281
|
Ìý
|
1,635
|
Ìý
|
|
Cash flows from investing activities:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Investments in equity method affiliates and debt and equity securities
|
Ìý
|
Ìý
|
(397)
|
Ìý
|
Ìý—
|
Ìý
|
(6)
|
Ìý
|
(403)
|
Ìý
|
|
Cash proceeds from sale of investments
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
244
|
Ìý
|
244
|
Ìý
|
|
Capital expended for property and equipment
|
Ìý
|
Ìý
|
(239)
|
Ìý
|
(15)
|
Ìý
|
(11)
|
Ìý
|
(265)
|
Ìý
|
|
Other investing activities, net
|
Ìý
|
Ìý
|
Ìý4
|
Ìý
|
33
|
Ìý
|
Ìý5
|
Ìý
|
42
|
Ìý
|
|
Net cash provided (used) by investing activities
|
Ìý
|
Ìý
|
(632)
|
Ìý
|
18
|
Ìý
|
232
|
Ìý
|
(382)
|
Ìý
|
|
Cash flows from financing activities:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Borrowings of debt
|
Ìý
|
Ìý
|
1,899
|
Ìý
|
123
|
Ìý
|
288
|
Ìý
|
2,310
|
Ìý
|
|
Repayments of debt
|
Ìý
|
Ìý
|
(1,902)
|
Ìý
|
(185)
|
Ìý
|
(927)
|
Ìý
|
(3,014)
|
Ìý
|
|
Series C Liberty SiriusXM stock repurchases
|
Ìý
|
Ìý
|
(368)
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
(368)
|
Ìý
|
|
Subsidiary shares repurchased by subsidiary
|
Ìý
|
Ìý
|
(662)
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
(662)
|
Ìý
|
|
Cash dividends paid by subsidiary
|
Ìý
|
Ìý
|
(44)
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
(44)
|
Ìý
|
|
Taxes paid in lieu of shares issued for stock-based compensation
|
Ìý
|
Ìý
|
(120)
|
Ìý
|
Ìý—
|
Ìý
|
(2)
|
Ìý
|
(122)
|
Ìý
|
|
Other financing activities, net
|
Ìý
|
Ìý
|
50
|
Ìý
|
Ìý—
|
Ìý
|
Ìý1
|
Ìý
|
51
|
Ìý
|
|
Net cash provided (used) by financing activities
|
Ìý
|
Ìý
|
(1,147)
|
Ìý
|
(62)
|
Ìý
|
(640)
|
Ìý
|
(1,849)
|
Ìý
|
|
Net increase (decrease) in cash, cash equivalents and restricted cash
|
Ìý
|
Ìý
|
(488)
|
Ìý
|
19
|
Ìý
|
(127)
|
Ìý
|
(596)
|
Ìý
|
|
Cash, cash equivalents and restricted cash at beginning of period
|
Ìý
|
Ìý
|
625
|
Ìý
|
140
|
Ìý
|
282
|
Ìý
|
1,047
|
Ìý
|
|
Cash, cash equivalents and restricted cash at end of period
|
Ìý
|
$
|
137
|
Ìý
|
159
|
Ìý
|
155
|
Ìý
|
451
|
Ìý
|
Ìý
STATEMENT OF CASH FLOWS INFORMATION
September 30, 2017
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Attributed (note 1)
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Liberty
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
SiriusXM
|
Ìý
|
Braves
|
Ìý
|
Formula One
|
Ìý
|
Consolidated
|
Ìý
|
|
Ìý
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Liberty
|
Ìý
|
|
Ìý
|
Ìý
|
amountsÌýinÌýmillions
|
Ìý
|
|
Cash flows from operating activities:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Net earnings (loss)
|
Ìý
|
$
|
648
|
Ìý
|
(29)
|
Ìý
|
(158)
|
Ìý
|
461
|
Ìý
|
|
Adjustments to reconcile net earnings to net cash provided by operating activities:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Depreciation and amortization
|
Ìý
|
Ìý
|
270
|
Ìý
|
50
|
Ìý
|
295
|
Ìý
|
615
|
Ìý
|
|
Stock-based compensation
|
Ìý
|
Ìý
|
113
|
Ìý
|
41
|
Ìý
|
28
|
Ìý
|
182
|
Ìý
|
|
Share of (earnings) loss of affiliates, net
|
Ìý
|
Ìý
|
(32)
|
Ìý
|
(72)
|
Ìý
|
(63)
|
Ìý
|
(167)
|
Ìý
|
|
Unrealized (gains) losses on intergroup interest, net
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
43
|
Ìý
|
(43)
|
Ìý
|
Ìý—
|
Ìý
|
|
Realized and unrealized (gains) losses on financial instruments, net
|
Ìý
|
Ìý
|
(62)
|
Ìý
|
Ìý—
|
Ìý
|
105
|
Ìý
|
43
|
Ìý
|
|
Noncash interest expense (benefit)
|
Ìý
|
Ìý
|
Ìý4
|
Ìý
|
Ìý1
|
Ìý
|
Ìý4
|
Ìý
|
Ìý9
|
Ìý
|
|
Deferred income tax expense (benefit)
|
Ìý
|
Ìý
|
321
|
Ìý
|
28
|
Ìý
|
(63)
|
Ìý
|
286
|
Ìý
|
|
Intergroup tax allocation
|
Ìý
|
Ìý
|
(11)
|
Ìý
|
(18)
|
Ìý
|
29
|
Ìý
|
Ìý—
|
Ìý
|
|
Intergroup tax payments
|
Ìý
|
Ìý
|
Ìý4
|
Ìý
|
15
|
Ìý
|
(19)
|
Ìý
|
Ìý—
|
Ìý
|
|
Other charges (credits), net
|
Ìý
|
Ìý
|
36
|
Ìý
|
Ìý—
|
Ìý
|
Ìý6
|
Ìý
|
42
|
Ìý
|
|
Changes in operating assets and liabilities
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Current and other assets
|
Ìý
|
Ìý
|
19
|
Ìý
|
(41)
|
Ìý
|
28
|
Ìý
|
Ìý6
|
Ìý
|
|
Payables and other liabilities
|
Ìý
|
Ìý
|
Ìý1
|
Ìý
|
(59)
|
Ìý
|
(105)
|
Ìý
|
(163)
|
Ìý
|
|
Net cash provided (used) by operating activities
|
Ìý
|
Ìý
|
1,311
|
Ìý
|
(41)
|
Ìý
|
44
|
Ìý
|
1,314
|
Ìý
|
|
Cash flows from investing activities:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Investments in equity method affiliates and debt and equity securities
|
Ìý
|
Ìý
|
(750)
|
Ìý
|
(2)
|
Ìý
|
(8)
|
Ìý
|
(760)
|
Ìý
|
|
Cash proceeds from sale of investments
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý5
|
Ìý
|
15
|
Ìý
|
20
|
Ìý
|
|
Net cash paid for the acquisition of Formula 1
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
(1,647)
|
Ìý
|
(1,647)
|
Ìý
|
|
Capital expended for property and equipment
|
Ìý
|
Ìý
|
(207)
|
Ìý
|
(190)
|
Ìý
|
(10)
|
Ìý
|
(407)
|
Ìý
|
|
Other investing activities, net
|
Ìý
|
Ìý
|
(115)
|
Ìý
|
Ìý4
|
Ìý
|
(9)
|
Ìý
|
(120)
|
Ìý
|
|
Net cash provided (used) by investing activities
|
Ìý
|
Ìý
|
(1,072)
|
Ìý
|
(183)
|
Ìý
|
(1,659)
|
Ìý
|
(2,914)
|
Ìý
|
|
Cash flows from financing activities:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Borrowings of debt
|
Ìý
|
Ìý
|
3,933
|
Ìý
|
288
|
Ìý
|
1,599
|
Ìý
|
5,820
|
Ìý
|
|
Repayments of debt
|
Ìý
|
Ìý
|
(3,103)
|
Ìý
|
(42)
|
Ìý
|
(1,674)
|
Ìý
|
(4,819)
|
Ìý
|
|
Proceeds from issuance of Series C Liberty Formula One common stock
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
1,938
|
Ìý
|
1,938
|
Ìý
|
|
Subsidiary shares repurchased by subsidiary
|
Ìý
|
Ìý
|
(996)
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
(996)
|
Ìý
|
|
Cash dividends paid by subsidiary
|
Ìý
|
Ìý
|
(45)
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
(45)
|
Ìý
|
|
Taxes paid in lieu of shares issued for stock-based compensation
|
Ìý
|
Ìý
|
(91)
|
Ìý
|
Ìý—
|
Ìý
|
(4)
|
Ìý
|
(95)
|
Ìý
|
|
Other financing activities, net
|
Ìý
|
Ìý
|
11
|
Ìý
|
Ìý—
|
Ìý
|
Ìý1
|
Ìý
|
12
|
Ìý
|
|
Net cash provided (used) by financing activities
|
Ìý
|
Ìý
|
(291)
|
Ìý
|
246
|
Ìý
|
1,860
|
Ìý
|
1,815
|
Ìý
|
|
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
Ìý7
|
Ìý
|
Ìý7
|
Ìý
|
|
Net increase (decrease) in cash, cash equivalents and restricted cash
|
Ìý
|
Ìý
|
(52)
|
Ìý
|
22
|
Ìý
|
252
|
Ìý
|
222
|
Ìý
|
|
Cash, cash equivalents and restricted cash at beginning of period
|
Ìý
|
Ìý
|
297
|
Ìý
|
107
|
Ìý
|
168
|
Ìý
|
572
|
Ìý
|
|
Cash, cash equivalents and restricted cash at end of period
|
Ìý
|
$
|
245
|
Ìý
|
129
|
Ìý
|
420
|
Ìý
|
794
|
Ìý
|
Ìý
|