jvidÊÓƵ

Quarterly report pursuant to Section 13 or 15(d)

Information jvidÊÓƵ Liberty's Operating Segments (Tables)

v3.19.2
Information jvidÊÓƵ Liberty's Operating Segments (Tables)
6 Months Ended
Jun. 30, 2019
Information jvidÊÓƵ Liberty's Operating Segments Ìý
Schedule of revenue disaggregated by source

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​

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​

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​

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Three months ended

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Six months ended

​

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June 30,

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June 30,

​

​

ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2018

ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2018

Ìý

​

​

amountsÌýinÌýmillions

​

Liberty SiriusXM Group

​

​

​

Ìý

​

Ìý

​

Ìý

​

​

SIRIUS XM Holdings:

​

​

​

​

​

​

​

​

​

​

Subscriber

​

$

1,537

​

1,304

​

2,995

Ìý

2,562

​

Advertising

​

Ìý

358

​

47

​

567

Ìý

89

​

Equipment

​

​

41

​

37

​

82

​

72

​

Other

​

​

41

​

44

​

77

​

84

​

Total Liberty SiriusXM Group

​

​

1,977

​

1,432

​

3,721

​

2,807

​

Braves Group

​

Ìý

​

Ìý

​

Ìý

​

Ìý

​

​

Corporate and other:

​

Ìý

​

Ìý

​

Ìý

​

Ìý

​

​

Baseball

​

Ìý

198

Ìý

172

Ìý

212

Ìý

192

​

Development

​

Ìý

10

Ìý

10

Ìý

18

Ìý

18

​

Total Braves Group

​

​

208

​

182

​

230

​

210

​

Formula One Group

​

​

​

​

​

​

​

​

​

​

Formula 1:

​

​

​

​

​

​

​

​

​

​

Primary

​

​

531

​

491

​

729

​

576

​

Other

​

​

89

​

94

​

137

​

123

​

Total Formula One Group

​

​

620

​

585

​

866

​

699

​

Consolidated Liberty

​

$

2,805

Ìý

2,199

Ìý

4,817

Ìý

3,716

​

​

Adjusted OIBDA by segment

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​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended

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Six months ended

​

​

​

June 30,

​

June 30,

​

​

ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2018

ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2018

Ìý

​

​

amountsÌýinÌýmillions

​

Liberty SiriusXM Group

​

​

​

​

​

​

​

​

​

​

SIRIUS XM Holdings

​

$

622

Ìý

542

Ìý

1,212

Ìý

1,072

​

Corporate and other

​

Ìý

(4)

Ìý

(6)

Ìý

(6)

Ìý

(11)

​

Total Liberty SiriusXM Group

​

Ìý

618

Ìý

536

Ìý

1,206

Ìý

1,061

​

Braves Group

​

​

​

​

​

​

​

​

​

​

Corporate and other

​

Ìý

61

Ìý

63

Ìý

28

Ìý

28

​

Total Braves Group

​

Ìý

61

Ìý

63

Ìý

28

Ìý

28

​

Formula One Group

​

Ìý

​

​

​

​

​

Ìý

​

​

Formula 1

​

Ìý

145

Ìý

134

Ìý

210

Ìý

137

​

Corporate and other

​

​

(9)

​

(6)

​

(15)

​

(10)

​

Total Formula One Group

​

​

136

​

128

​

195

​

127

​

Consolidated Liberty

​

$

815

Ìý

727

Ìý

1,429

Ìý

1,216

​

Other Information By Segment

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​

​

​

​

​

​

​

​

​

​

​

June 30, 2019

​

​

ÌýÌýÌýÌý

Total

ÌýÌýÌýÌý

Investments

ÌýÌýÌýÌý

Capital

Ìý

​

​

assets

​

inÌýaffiliates

​

expenditures

​

​

​

amountsÌýinÌýmillions

​

Liberty SiriusXM Group

​

​

​

​

​

​

​

​

SIRIUS XM Holdings

​

$

31,003

Ìý

649

Ìý

160

​

Corporate and other

​

​

159

​

—

​

—

​

Total Liberty SiriusXM Group

​

​

31,162

​

649

​

160

​

Braves Group

​

​

​

​

​

​

​

​

Corporate and other

​

​

1,549

​

103

​

50

​

Total Braves Group

​

​

1,549

​

103

​

50

​

Formula One Group

​

​

​

​

​

​

​

​

Formula 1

​

​

9,170

​

—

​

11

​

Corporate and other

​

Ìý

2,128

Ìý

942

Ìý

—

​

Total Formula One Group

​

​

11,298

​

942

​

11

​

Elimination (1)

​

​

(309)

​

—

​

—

​

Consolidated Liberty

​

$

43,700

Ìý

1,694

Ìý

221

​

(1) This is primarily the intergroup interest in the Braves Group held by the Formula One Group, as discussed in note 2. The intergroup interest attributable to the Formula One Group is presented as an asset and the intergroup interest attributable to the Braves Group is presented as a liability in the attributed financial statements and the offsetting amounts between tracking stock groups are eliminated in consolidation.
Reconciliation of segment Adjusted OIBDA to earnings (loss) from continuing operations before income tax

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​

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​

​

​

​

​

​

Three months ended

​

Six months ended

​

​

​

June 30,

​

June 30,

​

​

ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2018

ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2018

Ìý

​

​

amountsÌýinÌýmillions

​

Consolidated segment Adjusted OIBDA

​

$

815

Ìý

727

Ìý

1,429

Ìý

1,216

​

Legal settlement (note 11)

​

​

—

​

(69)

​

(25)

​

(69)

​

Stock-based compensation

​

Ìý

(76)

Ìý

(53)

Ìý

(141)

Ìý

(99)

​

Acquisition and other related costs (note 3)

​

​

(7)

​

—

​

(83)

​

—

​

Depreciation and amortization

​

Ìý

(271)

Ìý

(231)

Ìý

(519)

Ìý

(447)

​

Operating income (loss)

​

​

461

​

374

​

661

​

601

​

Interest expense

​

Ìý

(167)

Ìý

(153)

Ìý

(326)

Ìý

(303)

​

Share of earnings (losses) of affiliates, net

​

Ìý

34

Ìý

22

Ìý

14

Ìý

14

​

Realized and unrealized gains (losses) on financial instruments, net

​

Ìý

(87)

Ìý

58

Ìý

(185)

Ìý

211

​

Other, net

​

Ìý

21

Ìý

21

Ìý

29

Ìý

27

​

Earnings (loss) before income taxes

​

$

262

Ìý

322

Ìý

193

Ìý

550

​

​