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Quarterly report pursuant to Section 13 or 15(d)

Financial Information for Tracking Stock Groups - Cash Flows (Details)

v3.19.3
Financial Information for Tracking Stock Groups - Cash Flows (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities: Ìý Ìý Ìý Ìý
Net earnings (loss) $ 262 $ 366 $ 327 $ 834
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý
Depreciation and amortization 271 234 790 681
Stock-based compensation Ìý Ìý 238 145
Share of (earnings) loss of affiliates, net (55) (58) (69) (72)
Realized and unrealized (gains) losses on financial instruments, net (14) 31 171 (180)
Noncash interest expense (benefit) Ìý Ìý 7 (6)
Deferred income tax expense (benefit) Ìý Ìý 196 132
Other charges (credits), net Ìý Ìý 61 13
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý (61) (119)
Payables and other liabilities Ìý Ìý 110 207
Net cash provided (used) by operating activities Ìý Ìý 1,770 1,635
Cash flows from investing activities: Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý (25) (403)
Cash proceeds from sale of investments Ìý Ìý 389 244
Net cash paid for acquisitions, net of cash acquired Ìý Ìý 313 (1)
Capital expended for property and equipment Ìý Ìý (338) (265)
Net cash paid for acquisitions, net of cash acquired Ìý Ìý 313 (1)
Sales of short term investments and other marketable securities Ìý Ìý 73 Ìý
Other investing activities, net Ìý Ìý (2) 43
Net cash provided (used) by investing activities Ìý Ìý 410 (382)
Cash flows from financing activities: Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý 5,018 2,310
Repayments of debt Ìý Ìý (4,345) (3,014)
Series C Liberty SiriusXM stock repurchases Ìý Ìý (374) (368)
Subsidiary shares repurchased by subsidiary Ìý Ìý (1,959) (662)
Cash dividends paid by subsidiary Ìý Ìý (52) (44)
Taxes paid in lieu of shares issued for stock-based compensation Ìý Ìý (101) (122)
Other financing activities, net Ìý Ìý (41) 51
Net cash provided (used) by financing activities Ìý Ìý (1,854) (1,849)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash Ìý Ìý (5) Ìý
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý 321 (596)
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý 452 1,047
Cash, cash equivalents and restricted cash at end of period 773 451 773 451
Liberty Sirius XM Group Ìý Ìý Ìý Ìý
Cash flows from operating activities: Ìý Ìý Ìý Ìý
Net earnings (loss) 208 283 543 813
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý
Depreciation and amortization 135 93 396 274
Stock-based compensation Ìý Ìý 204 117
Share of (earnings) loss of affiliates, net 7 2 18 2
Realized and unrealized (gains) losses on financial instruments, net 10 51 (6) (69)
Noncash interest expense (benefit) Ìý Ìý 5 (9)
Deferred income tax expense (benefit) Ìý Ìý 232 159
Intergroup tax allocation Ìý Ìý 1 21
Intergroup tax (payments) receipts Ìý Ìý (2) Ìý
Other charges (credits), net Ìý Ìý 58 2
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý 14 (33)
Payables and other liabilities Ìý Ìý (26) 14
Net cash provided (used) by operating activities Ìý Ìý 1,437 1,291
Cash flows from investing activities: Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý (14) (397)
Cash proceeds from sale of investments Ìý Ìý 373 Ìý
Net cash paid for acquisitions, net of cash acquired Ìý Ìý 313 (1)
Capital expended for property and equipment Ìý Ìý (239) (239)
Net cash paid for acquisitions, net of cash acquired Ìý Ìý 313 (1)
Sales of short term investments and other marketable securities Ìý Ìý 73 Ìý
Other investing activities, net Ìý Ìý 2 5
Net cash provided (used) by investing activities Ìý Ìý 508 (632)
Cash flows from financing activities: Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý 4,943 1,899
Repayments of debt Ìý Ìý (4,311) (1,902)
Series C Liberty SiriusXM stock repurchases Ìý Ìý (374) (368)
Subsidiary shares repurchased by subsidiary Ìý Ìý (1,959) (662)
Cash dividends paid by subsidiary Ìý Ìý (52) (44)
Taxes paid in lieu of shares issued for stock-based compensation Ìý Ìý (109) (120)
Other financing activities, net Ìý Ìý (41) 50
Net cash provided (used) by financing activities Ìý Ìý (1,903) (1,147)
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý 42 (488)
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý 102 625
Cash, cash equivalents and restricted cash at end of period 144 137 144 137
Braves Group Ìý Ìý Ìý Ìý
Cash flows from operating activities: Ìý Ìý Ìý Ìý
Net earnings (loss) 12 41 (33) (14)
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý
Depreciation and amortization 20 23 54 62
Stock-based compensation Ìý Ìý 13 9
Share of (earnings) loss of affiliates, net (4) (2) (13) (8)
Unrealized gains losses on intergroup interest (2) 13 26 46
Realized and unrealized (gains) losses on financial instruments, net 2 (1) 6 (1)
Noncash interest expense (benefit) Ìý Ìý 1 4
Deferred income tax expense (benefit) Ìý Ìý 7 3
Intergroup tax allocation Ìý Ìý (6) (14)
Intergroup tax (payments) receipts Ìý Ìý 22 Ìý
Other charges (credits), net Ìý Ìý 8 9
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý (37) (3)
Payables and other liabilities Ìý Ìý 9 (30)
Net cash provided (used) by operating activities Ìý Ìý 57 63
Cash flows from investing activities: Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý (4) Ìý
Capital expended for property and equipment Ìý Ìý (72) (15)
Other investing activities, net Ìý Ìý Ìý 33
Net cash provided (used) by investing activities Ìý Ìý (76) 18
Cash flows from financing activities: Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý 75 123
Repayments of debt Ìý Ìý (29) (185)
Taxes paid in lieu of shares issued for stock-based compensation Ìý Ìý (1) Ìý
Other financing activities, net Ìý Ìý (6) Ìý
Net cash provided (used) by financing activities Ìý Ìý 39 (62)
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý 20 19
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý 190 140
Cash, cash equivalents and restricted cash at end of period 210 159 210 159
Formula One Group Ìý Ìý Ìý Ìý
Cash flows from operating activities: Ìý Ìý Ìý Ìý
Net earnings (loss) 42 42 (183) 35
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý
Depreciation and amortization 116 118 340 345
Stock-based compensation Ìý Ìý 21 19
Share of (earnings) loss of affiliates, net (58) (58) (74) (66)
Unrealized gains losses on intergroup interest 2 (13) (26) (46)
Realized and unrealized (gains) losses on financial instruments, net (26) (19) 171 (110)
Noncash interest expense (benefit) Ìý Ìý 1 (1)
Deferred income tax expense (benefit) Ìý Ìý (43) (30)
Intergroup tax allocation Ìý Ìý 5 (7)
Intergroup tax (payments) receipts Ìý Ìý (20) Ìý
Other charges (credits), net Ìý Ìý (5) 2
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý (38) (83)
Payables and other liabilities Ìý Ìý 127 223
Net cash provided (used) by operating activities Ìý Ìý 276 281
Cash flows from investing activities: Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý (7) (6)
Cash proceeds from sale of investments Ìý Ìý 16 244
Capital expended for property and equipment Ìý Ìý (27) (11)
Other investing activities, net Ìý Ìý (4) 5
Net cash provided (used) by investing activities Ìý Ìý (22) 232
Cash flows from financing activities: Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý Ìý 288
Repayments of debt Ìý Ìý (5) (927)
Taxes paid in lieu of shares issued for stock-based compensation Ìý Ìý 9 (2)
Other financing activities, net Ìý Ìý 6 1
Net cash provided (used) by financing activities Ìý Ìý 10 (640)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash Ìý Ìý (5) Ìý
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý 259 (127)
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý 160 282
Cash, cash equivalents and restricted cash at end of period $ 419 $ 155 $ 419 $ 155