jvidÊÓƵ

Annual report pursuant to Section 13 and 15(d)

Information jvidÊÓƵ Liberty's Operating Segments (Tables)

v3.19.3.a.u2
Information jvidÊÓƵ Liberty's Operating Segments (Tables)
12 Months Ended
Dec. 31, 2019
Information jvidÊÓƵ Liberty's Operating Segments Ìý
Performance Measures

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YearsÌýendedÌýDecemberÌý31,

Ìý

​

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2019

​

2018

​

2017

Ìý

​

ÌýÌýÌýÌý

​

​

ÌýÌýÌýÌý

Adjusted

ÌýÌýÌýÌý

​

ÌýÌýÌýÌý

Adjusted

ÌýÌýÌýÌý

​

ÌýÌýÌýÌý

Adjusted

Ìý

​

​

Revenue

​

OIBDA

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Revenue

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OIBDA

​

Revenue

​

OIBDA

Ìý

​

​

amountsÌýinÌýmillions

Ìý

Liberty SiriusXM Group

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​

​

​

​

​

​

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​

​

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Sirius XM Holdings

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$

7,794

Ìý

2,453

Ìý

5,771

Ìý

2,233

Ìý

5,425

Ìý

2,109

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Corporate and other

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—

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(17)

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—

​

(16)

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—

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(15)

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Total Liberty SiriusXM Group

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7,794

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2,436

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5,771

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2,217

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5,425

​

2,094

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Braves Group

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​

​

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Corporate and other

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Ìý

476

Ìý

49

Ìý

442

Ìý

88

Ìý

386

Ìý

2

​

Total Braves Group

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​

476

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49

​

442

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88

​

386

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2

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Formula One Group

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Formula 1

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2,022

​

482

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1,827

​

400

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1,783

​

438

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Corporate and other

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—

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(36)

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—

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(25)

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—

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(41)

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Total Formula One Group

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​

2,022

​

446

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1,827

​

375

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1,783

​

397

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Total

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$

10,292

Ìý

2,931

Ìý

8,040

Ìý

2,680

Ìý

7,594

Ìý

2,493

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Other Information By Segment

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DecemberÌý31,Ìý2019

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DecemberÌý31,Ìý2018

Ìý

​

ÌýÌýÌýÌý

Total

ÌýÌýÌýÌý

Investments

ÌýÌýÌýÌý

Capital

ÌýÌýÌýÌý

Total

ÌýÌýÌýÌý

Investments

ÌýÌýÌýÌý

Capital

Ìý

​

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assets

​

inÌýaffiliates

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expenditures

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assets

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inÌýaffiliates

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expenditures

Ìý

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amountsÌýinÌýmillions

Ìý

Liberty SiriusXM Group

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​

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Sirius XM Holdings

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$

30,868

Ìý

644

Ìý

363

Ìý

27,812

Ìý

629

Ìý

356

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Corporate and other

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​

553

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—

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—

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480

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—

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—

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Total Liberty SiriusXM Group

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31,421

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644

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363

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28,292

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629

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356

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Braves Group

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​

​

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​

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Corporate and other

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​

1,593

​

99

​

103

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1,805

​

92

​

33

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Total Braves Group

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​

1,593

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99

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103

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1,805

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92

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33

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Formula One Group

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Formula 1

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​

9,031

Ìý

—

Ìý

16

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8,958

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—

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12

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Corporate and other

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Ìý

2,474

Ìý

882

Ìý

28

Ìý

1,999

Ìý

920

Ìý

2

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Total Formula One Group

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11,505

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882

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44

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10,957

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920

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14

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Elimination (1)

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(330)

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—

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—

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(226)

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—

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—

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Consolidated Liberty

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$

44,189

Ìý

1,625

Ìý

510

Ìý

40,828

Ìý

1,641

Ìý

403

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(1) This is primarily the intergroup interests in the Liberty SiriusXM Group and the Braves Group held by the Formula One Group, as discussed in noteÌý2. The intergroup interests attributable to the Formula One Group are presented as an asset and the intergroup interests attributable to the Liberty SiriusXM Group and the Braves Group are presented as liabilities in the attributed financial statements and the offsetting amounts between tracking stock groups are eliminated in consolidation.
Reconciliation of Adjusted OIBDA to operating income (loss) and earnings (loss)

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YearsÌýendedÌýDecemberÌý31,

Ìý

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ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2018

ÌýÌýÌýÌý

2017

Ìý

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​

amounts in millions

Ìý

Adjusted OIBDA

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$

2,931

Ìý

2,680

Ìý

2,493

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Litigation settlement (note 17)

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(25)

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(69)

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(45)

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Stock-based compensation

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Ìý

(291)

Ìý

(192)

Ìý

(230)

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Acquisition and other related costs (note 5)

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(84)

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(3)

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—

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Depreciation and amortization

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Ìý

(1,061)

Ìý

(905)

Ìý

(824)

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Operating income (loss)

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1,470

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1,511

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1,394

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Interest expense

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Ìý

(657)

Ìý

(606)

Ìý

(591)

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Share of earnings (losses) of affiliates, net

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Ìý

6

Ìý

18

Ìý

104

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

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Ìý

(315)

Ìý

40

Ìý

(88)

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Other, net

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Ìý

9

Ìý

78

Ìý

8

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Earnings (loss) from continuing operations before income taxes

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$

513

Ìý

1,041

Ìý

827

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Revenue by Geographic Area

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YearsÌýendedÌýDecemberÌý31,

Ìý

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ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2018

ÌýÌýÌýÌý

2017

Ìý

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amountsÌýinÌýmillions

Ìý

United States

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$

8,172

Ìý

6,112

Ìý

5,724

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United Kingdom

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Ìý

2,022

Ìý

1,831

Ìý

1,783

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Other

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​

98

​

97

​

87

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​

​

$

10,292

Ìý

8,040

Ìý

7,594

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Long-lived Assets by Geographic Area

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DecemberÌý31,

Ìý

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ÌýÌýÌýÌý

2019

ÌýÌýÌýÌý

2018

Ìý

​

​

amountsÌýinÌýmillions

Ìý

United States

​

$

2,246

Ìý

2,457

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United Kingdom

​

Ìý

16

Ìý

12

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​

​

$

2,262

Ìý

2,469

​