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 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenue:        
Total revenue $ 2,315 $ 2,065 $ 6,031 $ 5,600
Subscriber acquisition costs 110 119 352 372
Other operating expense 130 139 322 333
Selling, general and administrative 295 324 863 851
Depreciation and amortization 234 228 681 615
Total operating costs and expenses 1,784 1,683 4,899 4,537
Operating income (loss) 531 382 1,132 1,063
Other income (expense):        
Interest expense (150) (159) (453) (448)
Share of earnings (losses) of affiliates, net 58 155 72 167
Realized and unrealized gains (losses) on financial instruments, net (31) 18 180 (43)
Other, net 10 (11) 37 2
Total other income (expense) (113) 3 (164) (322)
Earnings (loss) before income taxes 418 385 968 741
Income tax (expense) benefit (52) (124) (134) (280)
Net earnings (loss) 366 261 834 461
Less net earnings (losses) attributable to the noncontrolling interests 98 93 263 220
Net earnings (loss) attributable to Liberty stockholders 268 168 571 241
Liberty Sirius XM Group        
Revenue:        
Total revenue 1,468 1,379 4,275 4,021
Subscriber acquisition costs 110 119 352 372
Other operating expense 31 30 89 81
Selling, general and administrative 214 210 640 596
Depreciation and amortization 93 93 274 270
Total operating costs and expenses 1,013 971 3,091 2,849
Operating income (loss) 455 408 1,184 1,172
Other income (expense):        
Interest expense (95) (95) (291) (264)
Share of earnings (losses) of affiliates, net (2) 34 (2) 32
Realized and unrealized gains (losses) on financial instruments, net (51) 62 69 62
Other, net 6 (19) 23 (20)
Total other income (expense) (142) (18) (201) (190)
Earnings (loss) before income taxes 313 390 983 982
Income tax (expense) benefit (30) (116) (170) (334)
Net earnings (loss) 283 274 813 648
Less net earnings (losses) attributable to the noncontrolling interests 98 91 263 218
Net earnings (loss) attributable to Liberty stockholders 185 183 550 430
Braves Group        
Revenue:        
Total revenue 200 185 410 366
Other operating expense 99 109 233 252
Selling, general and administrative 33 61 86 109
Depreciation and amortization 23 24 62 50
Total operating costs and expenses 155 194 381 411
Operating income (loss) 45 (9) 29 (45)
Other income (expense):        
Interest expense (6) (7) (19) (9)
Share of earnings (losses) of affiliates, net 2 68 8 72
Realized and unrealized gains (losses) on financial instruments, net 1   1  
Unrealized gains losses on intergroup interest (13) (12) (46) (43)
Other, net   1 2 6
Total other income (expense) (16) 50 (54) 26
Earnings (loss) before income taxes 29 41 (25) (19)
Income tax (expense) benefit 12 (19) 11 (10)
Net earnings (loss) 41 22 (14) (29)
Less net earnings (losses) attributable to the noncontrolling interests     (1)  
Net earnings (loss) attributable to Liberty stockholders 41 22 (13) (29)
Formula One Group        
Revenue:        
Total revenue 647 501 1,346 1,213
Selling, general and administrative 48 53 137 146
Depreciation and amortization 118 111 345 295
Total operating costs and expenses 616 518 1,427 1,277
Operating income (loss) 31 (17) (81) (64)
Other income (expense):        
Interest expense (49) (57) (143) (175)
Share of earnings (losses) of affiliates, net 58 53 66 63
Realized and unrealized gains (losses) on financial instruments, net 19 (44) 110 (105)
Unrealized gains losses on intergroup interest 13 12 46 43
Other, net 4 7 12 16
Total other income (expense) 45 (29) 91 (158)
Earnings (loss) before income taxes 76 (46) 10 (222)
Income tax (expense) benefit (34) 11 25 64
Net earnings (loss) 42 (35) 35 (158)
Less net earnings (losses) attributable to the noncontrolling interests   2 1 2
Net earnings (loss) attributable to Liberty stockholders 42 (37) 34 (160)
Subscriber        
Revenue:        
Total revenue 1,163 1,136 3,419 3,325
Subscriber | Liberty Sirius XM Group        
Revenue:        
Total revenue 1,163 1,136 3,419 3,325
Revenue Share And Royalties        
Revenue:        
Cost of subscriber services and Formula 1 revenue 343 297 1,057 867
Revenue Share And Royalties | Liberty Sirius XM Group        
Revenue:        
Cost of subscriber services and Formula 1 revenue 343 297 1,057 867
Programming and content        
Revenue:        
Cost of subscriber services and Formula 1 revenue 97 98 303 290
Programming and content | Liberty Sirius XM Group        
Revenue:        
Cost of subscriber services and Formula 1 revenue 97 98 303 290
Customer service and billing        
Revenue:        
Cost of subscriber services and Formula 1 revenue 95 95 284 287
Customer service and billing | Liberty Sirius XM Group        
Revenue:        
Cost of subscriber services and Formula 1 revenue 95 95 284 287
Other cost of subscriber services        
Revenue:        
Cost of subscriber services and Formula 1 revenue 30 29 92 86
Other cost of subscriber services | Liberty Sirius XM Group        
Revenue:        
Cost of subscriber services and Formula 1 revenue 30 29 92 86
Formula 1        
Revenue:        
Total revenue 647 501 1,346 1,213
Cost of subscriber services and Formula 1 revenue 450 354 945 836
Formula 1 | Formula One Group        
Revenue:        
Total revenue 647 501 1,346 1,213
Cost of subscriber services and Formula 1 revenue 450 354 945 836
Other        
Revenue:        
Total revenue 505 428 1,266 1,062
Other | Liberty Sirius XM Group        
Revenue:        
Total revenue 305 243 856 696
Other | Braves Group        
Revenue:        
Total revenue $ 200 $ 185 $ 410 $ 366