jvidÊÓƵ

Quarterly report pursuant to Section 13 or 15(d)

Information jvidÊÓƵ Liberty's Operating Segments (Tables)

v3.24.1.u1
Information jvidÊÓƵ Liberty's Operating Segments (Tables)
3 Months Ended
Mar. 31, 2024
Information jvidÊÓƵ Liberty's Operating Segments Ìý
Schedule of revenue disaggregated by source

​

​

​

​

​

​

​

​

​

​

Three months ended

​

​

​

March 31,

​

​

ÌýÌýÌýÌý

2024

ÌýÌýÌýÌý

2023

Ìý

​

​

amountsÌýinÌýmillions

​

Liberty SiriusXM Group

​

​

​

Ìý

​

​

Sirius XM Holdings:

​

​

​

​

​

​

Subscriber

​

$

1,680

​

1,691

​

Advertising

​

Ìý

402

​

375

​

Equipment

​

​

50

​

46

​

Other

​

​

30

​

32

​

Total Liberty SiriusXM Group

​

​

2,162

​

2,144

​

Formula One Group

​

​

​

​

​

​

Formula 1:

​

​

​

​

​

​

Primary

​

​

463

​

314

​

Other

​

​

90

​

67

​

Corporate and other

​

​

44

​

—

​

Intergroup elimination

​

​

(10)

​

—

​

Total Formula One Group

​

​

587

​

381

​

Braves Group

​

Ìý

​

Ìý

​

​

Corporate and other:

​

Ìý

​

Ìý

​

​

Baseball

​

Ìý

NA

Ìý

18

​

Mixed-Use Development

​

Ìý

NA

Ìý

13

​

Total Braves Group

​

​

NA

​

31

​

Consolidated Liberty

​

$

2,749

​

2,556

​

Performance Measures

​

​

​

​

​

​

​

​

​

​

Three months ended

​

​

​

March 31,

​

​

ÌýÌýÌýÌý

2024

ÌýÌýÌýÌý

2023

Ìý

​

​

amountsÌýinÌýmillions

​

Liberty SiriusXM Group

​

​

​

​

​

​

Sirius XM Holdings

​

$

635

Ìý

625

​

Live Nation

​

​

NA

​

320

​

Corporate and other

​

Ìý

(10)

Ìý

(11)

​

Eliminate equity method affiliate

​

​

NA

​

(320)

​

Total Liberty SiriusXM Group

​

Ìý

625

Ìý

614

​

Formula One Group

​

Ìý

​

​

​

​

Formula 1

​

Ìý

208

Ìý

117

​

Corporate and other

​

​

(6)

Ìý

(12)

​

Total Formula One Group

​

​

202

Ìý

105

​

Liberty Live Group

​

​

​

​

​

​

Live Nation

​

​

367

​

NA

​

Corporate and other

​

Ìý

(1)

Ìý

NA

​

Eliminate equity method affiliate

​

​

(367)

​

NA

​

Total Liberty Live Group

​

Ìý

(1)

Ìý

NA

​

Braves Group

​

​

​

​

​

​

Corporate and other

​

Ìý

NA

Ìý

(31)

​

Total Braves Group

​

Ìý

NA

Ìý

(31)

​

Consolidated Liberty

​

$

826

Ìý

688

​

Other Information By Segment

​

​

​

​

​

​

​

​

​

​

​

​

March 31, 2024

​

​

ÌýÌýÌýÌý

Total

ÌýÌýÌýÌý

Investments

ÌýÌýÌýÌý

Capital

Ìý

​

​

assets

​

inÌýaffiliates

​

expenditures

​

​

​

amountsÌýinÌýmillions

​

Liberty SiriusXM Group

​

​

​

​

​

​

​

​

Sirius XM Holdings

​

$

30,737

Ìý

1,642

Ìý

174

​

Corporate and other

​

​

74

​

—

​

—

​

Total Liberty SiriusXM Group

​

​

30,811

​

1,642

​

174

​

Formula One Group

​

​

​

​

​

​

​

​

Formula 1

​

​

9,077

​

3

​

27

​

Corporate and other

​

Ìý

1,667

Ìý

35

Ìý

—

​

Intergroup elimination

​

​

(139)

​

—

​

—

​

Total Formula One Group

​

​

10,605

​

38

​

27

​

Liberty Live Group

​

​

​

​

​

​

​

​

Live Nation

​

​

20,030

​

513

​

146

​

Corporate and other

​

​

989

​

316

​

—

​

Eliminate equity method affiliate

​

​

(20,030)

​

(513)

​

(146)

​

Total Liberty Live Group

​

​

989

​

316

​

—

​

Consolidated Liberty

​

$

42,405

Ìý

1,996

Ìý

201

​

​

Reconciliation of Adjusted OIBDA to operating income (loss) and earnings (loss)

​

​

​

​

​

​

​

​

​

​

Three months ended

​

​

​

March 31,

​

​

ÌýÌýÌýÌý

2024

ÌýÌýÌýÌý

2023

Ìý

​

​

amountsÌýinÌýmillions

​

Adjusted OIBDA

​

$

826

Ìý

688

​

Impairment, restructuring and acquisition costs (note 8)

​

​

(22)

​

(32)

​

Stock-based compensation

​

Ìý

(61)

Ìý

(56)

​

Depreciation and amortization

​

Ìý

(241)

Ìý

(260)

​

Operating income (loss)

​

​

502

​

340

​

Interest expense

​

Ìý

(191)

Ìý

(196)

​

Share of earnings (losses) of affiliates, net

​

Ìý

(19)

Ìý

(10)

​

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

​

Ìý

(3)

Ìý

(46)

​

Other, net

​

Ìý

27

Ìý

14

​

Earnings (loss) before income taxes

​

$

316

Ìý

102

​

​