Quarterly report pursuant to Section 13 or 15(d)

Financial Information for Tracking Stock Groups - Statement of Operations (Details)

v3.10.0.1
Financial Information for Tracking Stock Groups - Statement of Operations (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenue:        
Total revenue $ 2,199 $ 2,140 $ 3,716 $ 3,535
Subscriber acquisition costs 119 126 242 253
Other operating expense 121 153 192 194
Selling, general and administrative 303 288 568 527
Legal settlement, net (69)   (69)  
Depreciation and amortization 231 223 447 387
Total operating costs and expenses 1,825 1,718 3,115 2,854
Operating income (loss) 374 422 601 681
Other income (expense):        
Interest expense (153) (149) (303) (289)
Share of earnings (losses) of affiliates, net 22 16 14 12
Realized and unrealized gains (losses) on financial instruments, net 58 (49) 211 (61)
Other, net 21 (4) 27 13
Total other income (expense) (52) (186) (51) (325)
Earnings (loss) before income taxes 322 236 550 356
Income tax (expense) benefit (67) (80) (82) (156)
Net earnings (loss) 255 156 468 200
Less net earnings (losses) attributable to the noncontrolling interests 83 62 165 127
Net earnings (loss) attributable to Liberty stockholders 172 94 303 73
Liberty Sirius XM Group        
Revenue:        
Total revenue 1,432 1,348 2,807 2,642
Subscriber acquisition costs 119 126 242 253
Other operating expense 27 27 58 51
Selling, general and administrative 224 202 426 386
Depreciation and amortization 92 87 181 177
Total operating costs and expenses 1,099 956 2,078 1,878
Operating income (loss) 333 392 729 764
Other income (expense):        
Interest expense (99) (85) (196) (169)
Share of earnings (losses) of affiliates, net (1) (5)   (2)
Realized and unrealized gains (losses) on financial instruments, net 62   120  
Other, net 12 (7) 17 (1)
Total other income (expense) (26) (97) (59) (172)
Earnings (loss) before income taxes 307 295 670 592
Income tax (expense) benefit (59) (110) (140) (218)
Net earnings (loss) 248 185 530 374
Less net earnings (losses) attributable to the noncontrolling interests 83 62 165 127
Net earnings (loss) attributable to Liberty stockholders 165 123 365 247
Braves Group        
Revenue:        
Total revenue 182 176 210 181
Other operating expense 94 126 134 143
Selling, general and administrative 30 29 53 48
Depreciation and amortization 23 24 39 26
Total operating costs and expenses 147 179 226 217
Operating income (loss) 35 (3) (16) (36)
Other income (expense):        
Interest expense (7) (2) (13) (2)
Share of earnings (losses) of affiliates, net 3 1 6 4
Unrealized gains losses on intergroup interest (28) (3) (33) (31)
Other, net 1 2 2 5
Total other income (expense) (31) (2) (38) (24)
Earnings (loss) before income taxes 4 (5) (54) (60)
Income tax (expense) benefit (7) 3 (1) 9
Net earnings (loss) (3) (2) (55) (51)
Less net earnings (losses) attributable to the noncontrolling interests (1)   (1)  
Net earnings (loss) attributable to Liberty stockholders (2) (2) (54) (51)
Formula One Group        
Revenue:        
Total revenue 585 616 699 712
Selling, general and administrative 49 57 89 93
Depreciation and amortization 116 112 227 184
Total operating costs and expenses 579 583 811 759
Operating income (loss) 6 33 (112) (47)
Other income (expense):        
Interest expense (47) (62) (94) (118)
Share of earnings (losses) of affiliates, net 20 20 8 10
Realized and unrealized gains (losses) on financial instruments, net (4) (49) 91 (61)
Unrealized gains losses on intergroup interest 28 3 33 31
Other, net 8 1 8 9
Total other income (expense) 5 (87) 46 (129)
Earnings (loss) before income taxes 11 (54) (66) (176)
Income tax (expense) benefit (1) 27 59 53
Net earnings (loss) 10 (27) (7) (123)
Less net earnings (losses) attributable to the noncontrolling interests 1   1  
Net earnings (loss) attributable to Liberty stockholders 9 (27) (8) (123)
Subscriber        
Revenue:        
Total revenue 1,139 1,111 2,256 2,189
Subscriber | Liberty Sirius XM Group        
Revenue:        
Total revenue 1,139 1,111 2,256 2,189
Revenue Share And Royalties        
Revenue:        
Cost of subscriber services and Formula 1 revenue 404 293 714 570
Revenue Share And Royalties | Liberty Sirius XM Group        
Revenue:        
Cost of subscriber services and Formula 1 revenue 404 293 714 570
Programming and content        
Revenue:        
Cost of subscriber services and Formula 1 revenue 105 96 206 192
Programming and content | Liberty Sirius XM Group        
Revenue:        
Cost of subscriber services and Formula 1 revenue 105 96 206 192
Customer service and billing        
Revenue:        
Cost of subscriber services and Formula 1 revenue 95 95 189 192
Customer service and billing | Liberty Sirius XM Group        
Revenue:        
Cost of subscriber services and Formula 1 revenue 95 95 189 192
Other cost of subscriber services        
Revenue:        
Cost of subscriber services and Formula 1 revenue 33 30 62 57
Other cost of subscriber services | Liberty Sirius XM Group        
Revenue:        
Cost of subscriber services and Formula 1 revenue 33 30 62 57
Formula 1        
Revenue:        
Total revenue 585 616 699 712
Cost of subscriber services and Formula 1 revenue 414 414 495 482
Formula 1 | Formula One Group        
Revenue:        
Total revenue 585 616 699 712
Cost of subscriber services and Formula 1 revenue 414 414 495 482
Other        
Revenue:        
Total revenue 475 413 761 634
Other | Liberty Sirius XM Group        
Revenue:        
Total revenue 293 237 551 453
Other | Braves Group        
Revenue:        
Total revenue $ 182 $ 176 $ 210 $ 181