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Quarterly report pursuant to Section 13 or 15(d)

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

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Financial Information for Tracking Stock Groups - Cash Flows (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities: Ìý Ìý
Net earnings (loss) $ 245 $ 52
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý
Depreciation and amortization 241 260
Stock-based compensation 61 56
Non-cash impairment and restructuring costs 1 8
Share of (earnings) loss of affiliates, net 19 10
Realized and unrealized (gains) losses on financial instruments, net 3 46
Deferred income tax expense (benefit) (21) (6)
Other charges (credits), net 26 2
Changes in operating assets and liabilities Ìý Ìý
Current and other assets (27) 65
Payables and other liabilities (153) 168
Net cash provided (used) by operating activities 395 661
Cash flows from investing activities: Ìý Ìý
Investments in equity method affiliates and debt and equity securities (180) (169)
Cash proceeds from dispositions Ìý 34
Cash (paid) received for acquisitions, net of cash acquired (205) Ìý
Capital expended for property and equipment, including internal-use software and website development (201) (281)
Other investing activities, net (64) 1
Net cash provided (used) by investing activities (650) (415)
Cash flows from financing activities: Ìý Ìý
Borrowings of debt 230 1,479
Repayments of debt (277) (1,690)
Subsidiary shares repurchased by subsidiary Ìý (62)
Cash dividends paid by subsidiary (17) (17)
Taxes paid in lieu of shares issued for stock-based compensation (24) (24)
Other financing activities, net 6 57
Net cash provided (used) by financing activities (82) (257)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash Ìý 2
Net increase (decrease) in cash, cash equivalents and restricted cash (337) (9)
Cash, cash equivalents and restricted cash at beginning of period 2,028 2,276
Cash, cash equivalents and restricted cash at end of period 1,691 2,267
Liberty SiriusXM Group Ìý Ìý
Cash flows from operating activities: Ìý Ìý
Net earnings (loss) 241 220
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý
Depreciation and amortization 155 161
Stock-based compensation 48 48
Non-cash impairment and restructuring costs 1 8
Share of (earnings) loss of affiliates, net (5) 7
Unrealized (gains) losses on intergroup interests, net Ìý (54)
Realized and unrealized (gains) losses on financial instruments, net (18) (2)
Deferred income tax expense (benefit) (12) 7
Intergroup tax allocation 29 31
Other charges (credits), net 24 4
Changes in operating assets and liabilities Ìý Ìý
Current and other assets 66 46
Payables and other liabilities (265) (157)
Net cash provided (used) by operating activities 264 319
Cash flows from investing activities: Ìý Ìý
Investments in equity method affiliates and debt and equity securities (179) (39)
Capital expended for property and equipment, including internal-use software and website development (174) (205)
Other investing activities, net (1) 2
Net cash provided (used) by investing activities (354) (242)
Cash flows from financing activities: Ìý Ìý
Borrowings of debt 230 1,479
Repayments of debt (267) (1,633)
Settlement of intergroup interests Ìý 202
Subsidiary shares repurchased by subsidiary Ìý (62)
Cash dividends paid by subsidiary (17) (17)
Taxes paid in lieu of shares issued for stock-based compensation (17) (15)
Other financing activities, net (2) 37
Net cash provided (used) by financing activities (73) (9)
Net increase (decrease) in cash, cash equivalents and restricted cash (163) 68
Cash, cash equivalents and restricted cash at beginning of period 315 370
Cash, cash equivalents and restricted cash at end of period 152 438
Formula One Group Ìý Ìý
Cash flows from operating activities: Ìý Ìý
Net earnings (loss) 77 (109)
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý
Depreciation and amortization 86 84
Stock-based compensation 12 5
Share of (earnings) loss of affiliates, net 3 2
Unrealized (gains) losses on intergroup interests, net Ìý 41
Realized and unrealized (gains) losses on financial instruments, net (48) 47
Deferred income tax expense (benefit) 9 (5)
Intergroup tax allocation (27) (26)
Other charges (credits), net 2 (3)
Changes in operating assets and liabilities Ìý Ìý
Current and other assets (90) (8)
Payables and other liabilities 116 229
Net cash provided (used) by operating activities 140 257
Cash flows from investing activities: Ìý Ìý
Investments in equity method affiliates and debt and equity securities (1) (130)
Cash proceeds from dispositions Ìý 34
Cash (paid) received for acquisitions, net of cash acquired (205) Ìý
Capital expended for property and equipment, including internal-use software and website development (27) (62)
Other investing activities, net (63) (1)
Net cash provided (used) by investing activities (296) (159)
Cash flows from financing activities: Ìý Ìý
Repayments of debt (10) (53)
Settlement of intergroup interests Ìý (202)
Taxes paid in lieu of shares issued for stock-based compensation (7) (8)
Other financing activities, net 6 14
Net cash provided (used) by financing activities (11) (249)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash Ìý 2
Net increase (decrease) in cash, cash equivalents and restricted cash (167) (149)
Cash, cash equivalents and restricted cash at beginning of period 1,408 1,733
Cash, cash equivalents and restricted cash at end of period 1,241 1,584
Liberty Live Group Ìý Ìý
Cash flows from operating activities: Ìý Ìý
Net earnings (loss) (73) Ìý
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý
Stock-based compensation 1 Ìý
Share of (earnings) loss of affiliates, net 21 Ìý
Realized and unrealized (gains) losses on financial instruments, net 69 Ìý
Deferred income tax expense (benefit) (18) Ìý
Intergroup tax allocation (2) Ìý
Changes in operating assets and liabilities Ìý Ìý
Current and other assets (3) Ìý
Payables and other liabilities (4) Ìý
Net cash provided (used) by operating activities (9) Ìý
Cash flows from financing activities: Ìý Ìý
Other financing activities, net 2 Ìý
Net cash provided (used) by financing activities 2 Ìý
Net increase (decrease) in cash, cash equivalents and restricted cash (7) Ìý
Cash, cash equivalents and restricted cash at beginning of period 305 Ìý
Cash, cash equivalents and restricted cash at end of period $ 298 Ìý
Braves Group Ìý Ìý
Cash flows from operating activities: Ìý Ìý
Net earnings (loss) Ìý (59)
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý
Depreciation and amortization Ìý 15
Stock-based compensation Ìý 3
Share of (earnings) loss of affiliates, net Ìý 1
Unrealized (gains) losses on intergroup interests, net Ìý 13
Realized and unrealized (gains) losses on financial instruments, net Ìý 1
Deferred income tax expense (benefit) Ìý (8)
Intergroup tax allocation Ìý (5)
Other charges (credits), net Ìý 1
Changes in operating assets and liabilities Ìý Ìý
Current and other assets Ìý 27
Payables and other liabilities Ìý 96
Net cash provided (used) by operating activities Ìý 85
Cash flows from investing activities: Ìý Ìý
Capital expended for property and equipment, including internal-use software and website development Ìý (14)
Net cash provided (used) by investing activities Ìý (14)
Cash flows from financing activities: Ìý Ìý
Repayments of debt Ìý (4)
Taxes paid in lieu of shares issued for stock-based compensation Ìý (1)
Other financing activities, net Ìý 6
Net cash provided (used) by financing activities Ìý 1
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý 72
Cash, cash equivalents and restricted cash at beginning of period Ìý 173
Cash, cash equivalents and restricted cash at end of period Ìý $ 245