Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 358 $ 1,029
Trade and other receivables, net 364 358
Other current assets 360 356
Total current assets 1,082 1,743
Investments in debt and equity securities 1,278 1,114
Investments in affiliates, accounted for using the equity method 1,641 1,750
Property and equipment, at cost 3,765 3,596
Accumulated depreciation (1,296) (1,055)
Property and equipment, net 2,469 2,541
Intangible assets not subject to amortization:    
Goodwill 18,386 18,383
FCC licenses 8,600 8,600
Other 1,074 1,074
Intangible assets not subject to amortization 28,060 28,057
Intangible assets subject to amortization, net 5,715 6,192
Other assets 583 599
Total assets 40,828 41,996
Current liabilities:    
Accounts Payable and accrued liabilities 1,116 1,250
Current portion of debt 17 768
Deferred revenue 2,079 1,941
Other current liabilities 32 20
Total current liabilities 3,244 3,979
Long-term debt 13,371 13,186
Deferred income tax liabilities 1,651 1,478
Other liabilities 864 779
Total liabilities 19,130 19,422
Stockholders' equity:    
Preferred stock
Additional paid-in capital 2,984 3,892
Accumulated other comprehensive earnings (loss), net of taxes (38) (35)
Retained earnings 13,644 13,081
Total stockholders' equity 16,595 16,943
Noncontrolling interests in equity of subsidiaries 5,103 5,631
Total equity 21,698 22,574
Commitments and contingencies
Total liabilities and equity 40,828 41,996
Elimination    
Intangible assets not subject to amortization:    
Total assets (226) (202)
Current liabilities:    
Total liabilities (226) (202)
Stockholders' equity:    
Total liabilities and equity (226) (202)
Liberty Sirius XM Group    
Current assets:    
Cash and cash equivalents 91 615
Trade and other receivables, net 233 242
Other current assets 191 207
Total current assets 515 1,064
Investments in debt and equity securities 967 580
Investments in affiliates, accounted for using the equity method 629 672
Property and equipment, at cost 2,450 2,274
Accumulated depreciation (1,112) (927)
Property and equipment, net 1,338 1,347
Intangible assets not subject to amortization:    
Goodwill 14,250 14,247
FCC licenses 8,600 8,600
Other 931 931
Intangible assets not subject to amortization 23,781 23,778
Intangible assets subject to amortization, net 942 972
Other assets 120 117
Total assets 28,292 28,530
Current liabilities:    
Accounts Payable and accrued liabilities 854 934
Current portion of debt 3 755
Deferred revenue 1,932 1,882
Other current liabilities 15 3
Total current liabilities 2,800 3,583
Long-term debt 7,855 6,741
Deferred income tax liabilities 1,673 1,447
Other liabilities 257 283
Total liabilities 12,585 12,054
Stockholders' equity:    
Total stockholders' equity 10,599 10,861
Noncontrolling interests in equity of subsidiaries 5,108 5,615
Total liabilities and equity 28,292 28,530
Liberty Sirius XM Group | Common Class A    
Stockholders' equity:    
Common Stock, Value, Issued 1 1
Liberty Sirius XM Group | Common Class C    
Stockholders' equity:    
Common Stock, Value, Issued 2 2
Braves Group    
Current assets:    
Cash and cash equivalents 107 132
Trade and other receivables, net 21 32
Other current assets 129 56
Total current assets 257 220
Investments in debt and equity securities 8 8
Investments in affiliates, accounted for using the equity method 92 145
Property and equipment, at cost 1,137 1,150
Accumulated depreciation (96) (51)
Property and equipment, net 1,041 1,099
Intangible assets not subject to amortization:    
Goodwill 180 180
Other 143 143
Intangible assets not subject to amortization 323 323
Intangible assets subject to amortization, net 37 49
Other assets 47 22
Total assets 1,805 1,866
Current liabilities:    
Accounts Payable and accrued liabilities 29 58
Current portion of debt 14 13
Deferred revenue 54 51
Other current liabilities 8 8
Total current liabilities 84 91
Long-term debt 477 649
Deferred income tax liabilities 69 62
Other liabilities 511 435
Total liabilities 1,367 1,439
Stockholders' equity:    
Total stockholders' equity 446 413
Noncontrolling interests in equity of subsidiaries (8) 14
Total liabilities and equity 1,805 1,866
Formula One Group    
Current assets:    
Cash and cash equivalents 160 282
Trade and other receivables, net 110 84
Other current assets 40 93
Total current assets 310 459
Investments in debt and equity securities 303 526
Investments in affiliates, accounted for using the equity method 920 933
Property and equipment, at cost 178 172
Accumulated depreciation (88) (77)
Property and equipment, net 90 95
Intangible assets not subject to amortization:    
Goodwill 3,956 3,956
Intangible assets not subject to amortization 3,956 3,956
Intangible assets subject to amortization, net 4,736 5,171
Other assets 416 460
Total assets 10,957 11,802
Current liabilities:    
Accounts Payable and accrued liabilities 233 258
Deferred revenue 93 8
Other current liabilities 9 9
Total current liabilities 360 305
Long-term debt 5,039 5,796
Deferred income tax liabilities (91) (31)
Other liabilities 96 61
Total liabilities 5,404 6,131
Stockholders' equity:    
Total stockholders' equity 5,550 5,669
Noncontrolling interests in equity of subsidiaries 3 2
Total liabilities and equity 10,957 11,802
Formula One Group | Common Class C    
Stockholders' equity:    
Common Stock, Value, Issued $ 2 $ 2