jvidÊÓƵ

Quarterly report pursuant to Section 13 or 15(d)

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

v3.24.2.u1
Financial Information for Tracking Stock Groups - Cash Flows (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities: Ìý Ìý Ìý Ìý
Net earnings (loss) $ 507 $ 303 $ 752 $ 355
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý
Depreciation and amortization 245 257 486 517
Stock-based compensation Ìý Ìý 116 110
Non-cash impairment and restructuring costs Ìý Ìý 1 21
Share of (earnings) loss of affiliates, net (84) (90) (65) (80)
Realized and unrealized (gains) losses on financial instruments, net (169) 96 (166) 142
Deferred income tax expense (benefit) Ìý Ìý (4) (35)
Other charges (credits), net Ìý Ìý 74 (8)
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý (3) (95)
Payables and other liabilities Ìý Ìý (44) 271
Net cash provided (used) by operating activities Ìý Ìý 1,147 1,198
Cash flows from investing activities: Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý (203) (214)
Cash proceeds from dispositions Ìý Ìý 107 67
Cash (paid) received for acquisitions, net of cash acquired Ìý Ìý (205) Ìý
Capital expended for property and equipment, including internal-use software and website development Ìý Ìý (387) (544)
Other investing activities, net Ìý Ìý (62) (20)
Net cash provided (used) by investing activities Ìý Ìý (750) (711)
Cash flows from financing activities: Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý 1,362 2,064
Repayments of debt Ìý Ìý (1,636) (2,641)
Subsidiary shares repurchased by subsidiary Ìý Ìý Ìý (199)
Cash dividends paid by subsidiary Ìý Ìý (34) (33)
Taxes paid in lieu of shares issued for stock-based compensation Ìý Ìý (31) (28)
Other financing activities, net Ìý Ìý 31 63
Net cash provided (used) by financing activities Ìý Ìý (308) (774)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash Ìý Ìý (8) 2
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý 81 (285)
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý 2,028 2,276
Cash, cash equivalents and restricted cash at end of period 2,109 1,991 2,109 1,991
Liberty SiriusXM Group Ìý Ìý Ìý Ìý
Cash flows from operating activities: Ìý Ìý Ìý Ìý
Net earnings (loss) 349 217 590 437
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý
Depreciation and amortization 156 154 311 315
Stock-based compensation Ìý Ìý 96 94
Non-cash impairment and restructuring costs Ìý Ìý 1 21
Share of (earnings) loss of affiliates, net (1) (79) (6) (72)
Unrealized (gains) losses on intergroup interests, net Ìý (10) Ìý (64)
Realized and unrealized (gains) losses on financial instruments, net (82) 164 (100) 162
Deferred income tax expense (benefit) Ìý Ìý (19) (33)
Intergroup tax allocation Ìý Ìý 59 86
Intergroup tax (payments) receipts Ìý Ìý (83) (33)
Other charges (credits), net Ìý Ìý 73 (12)
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý 74 1
Payables and other liabilities Ìý Ìý (243) (48)
Net cash provided (used) by operating activities Ìý Ìý 753 854
Cash flows from investing activities: Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý (202) (41)
Capital expended for property and equipment, including internal-use software and website development Ìý Ìý (347) (334)
Other investing activities, net Ìý Ìý (1) (1)
Net cash provided (used) by investing activities Ìý Ìý (550) (377)
Cash flows from financing activities: Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý 1,352 2,048
Repayments of debt Ìý Ìý (1,605) (2,563)
Settlement of intergroup interests Ìý Ìý Ìý 202
Subsidiary shares repurchased by subsidiary Ìý Ìý Ìý (199)
Cash dividends paid by subsidiary Ìý Ìý (34) (33)
Taxes paid in lieu of shares issued for stock-based compensation Ìý Ìý (23) (19)
Other financing activities, net Ìý Ìý (4) 36
Net cash provided (used) by financing activities Ìý Ìý (314) (528)
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý (111) (51)
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý 315 370
Cash, cash equivalents and restricted cash at end of period 204 319 204 319
Formula One Group Ìý Ìý Ìý Ìý
Cash flows from operating activities: Ìý Ìý Ìý Ìý
Net earnings (loss) 24 115 101 6
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý
Depreciation and amortization 89 84 175 168
Stock-based compensation Ìý Ìý 18 10
Share of (earnings) loss of affiliates, net 2 1 5 3
Unrealized (gains) losses on intergroup interests, net Ìý (40) Ìý 1
Realized and unrealized (gains) losses on financial instruments, net 1 (64) (47) (17)
Deferred income tax expense (benefit) Ìý Ìý 2 1
Intergroup tax allocation Ìý Ìý (62) (84)
Intergroup tax (payments) receipts Ìý Ìý 80 36
Other charges (credits), net Ìý Ìý 5 Ìý
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý (79) (91)
Payables and other liabilities Ìý Ìý 203 275
Net cash provided (used) by operating activities Ìý Ìý 401 308
Cash flows from investing activities: Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý (1) (173)
Cash (paid) received for acquisitions, net of cash acquired Ìý Ìý (205) Ìý
Capital expended for property and equipment, including internal-use software and website development Ìý Ìý (40) (180)
Other investing activities, net Ìý Ìý (62) (19)
Net cash provided (used) by investing activities Ìý Ìý (308) (304)
Cash flows from financing activities: Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý 10 Ìý
Repayments of debt Ìý Ìý (31) (59)
Settlement of intergroup interests Ìý Ìý Ìý (202)
Taxes paid in lieu of shares issued for stock-based compensation Ìý Ìý (7) (8)
Other financing activities, net Ìý Ìý 34 19
Net cash provided (used) by financing activities Ìý Ìý 6 (250)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash Ìý Ìý (8) 2
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý 91 (244)
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý 1,408 1,733
Cash, cash equivalents and restricted cash at end of period 1,499 1,489 1,499 1,489
Liberty Live Group Ìý Ìý Ìý Ìý
Cash flows from operating activities: Ìý Ìý Ìý Ìý
Net earnings (loss) 134 Ìý 61 Ìý
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý
Stock-based compensation Ìý Ìý 2 Ìý
Share of (earnings) loss of affiliates, net (85) Ìý (64) Ìý
Realized and unrealized (gains) losses on financial instruments, net (88) Ìý (19) Ìý
Deferred income tax expense (benefit) Ìý Ìý 13 Ìý
Intergroup tax allocation Ìý Ìý 3 Ìý
Intergroup tax (payments) receipts Ìý Ìý 3 Ìý
Other charges (credits), net Ìý Ìý (4) Ìý
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý 2 Ìý
Payables and other liabilities Ìý Ìý (4) Ìý
Net cash provided (used) by operating activities Ìý Ìý (7) Ìý
Cash flows from investing activities: Ìý Ìý Ìý Ìý
Cash proceeds from dispositions Ìý Ìý 107 Ìý
Other investing activities, net Ìý Ìý 1 Ìý
Net cash provided (used) by investing activities Ìý Ìý 108 Ìý
Cash flows from financing activities: Ìý Ìý Ìý Ìý
Taxes paid in lieu of shares issued for stock-based compensation Ìý Ìý (1) Ìý
Other financing activities, net Ìý Ìý 1 Ìý
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý 101 Ìý
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý 305 Ìý
Cash, cash equivalents and restricted cash at end of period $ 406 Ìý $ 406 Ìý
Braves Group Ìý Ìý Ìý Ìý
Cash flows from operating activities: Ìý Ìý Ìý Ìý
Net earnings (loss) Ìý (29) Ìý (88)
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý
Depreciation and amortization Ìý 19 Ìý 34
Stock-based compensation Ìý Ìý Ìý 6
Share of (earnings) loss of affiliates, net Ìý (12) Ìý (11)
Unrealized (gains) losses on intergroup interests, net Ìý 50 Ìý 63
Realized and unrealized (gains) losses on financial instruments, net Ìý (4) Ìý (3)
Deferred income tax expense (benefit) Ìý Ìý Ìý (3)
Intergroup tax allocation Ìý Ìý Ìý (2)
Intergroup tax (payments) receipts Ìý Ìý Ìý (3)
Other charges (credits), net Ìý Ìý Ìý 4
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý Ìý (5)
Payables and other liabilities Ìý Ìý Ìý 44
Net cash provided (used) by operating activities Ìý Ìý Ìý 36
Cash flows from investing activities: Ìý Ìý Ìý Ìý
Capital expended for property and equipment, including internal-use software and website development Ìý Ìý Ìý (30)
Net cash provided (used) by investing activities Ìý Ìý Ìý (30)
Cash flows from financing activities: Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý Ìý 16
Repayments of debt Ìý Ìý Ìý (19)
Taxes paid in lieu of shares issued for stock-based compensation Ìý Ìý Ìý (1)
Other financing activities, net Ìý Ìý Ìý 8
Net cash provided (used) by financing activities Ìý Ìý Ìý 4
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý Ìý 10
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý Ìý 173
Cash, cash equivalents and restricted cash at end of period Ìý $ 183 Ìý $ 183