Annual report pursuant to Section 13 and 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 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenue:                      
Total revenue $ 2,009 $ 2,315 $ 2,199 $ 1,517 $ 1,994 $ 2,065 $ 2,140 $ 1,395 $ 8,040 $ 7,594 $ 5,276
Subscriber acquisition costs                 470 499 513
Other operating expense                 370 394 306
Selling, general and administrative                 1,203 1,162 886
Legal settlement, net                     511
Depreciation and amortization                 905 824 354
Total operating costs and expenses                 6,529 6,200 3,542
Operating income (loss) 379 531 374 227 331 382 422 259 1,511 1,394 1,734
Other income (expense):                      
Interest expense                 (606) (591) (362)
Share of earnings (losses) of affiliates, net                 18 104 14
Realized and unrealized gains (losses) on financial instruments, net                 40 (88) 37
Other, net                 78 8 (4)
Total other income (expense)                 (470) (567) (315)
Earnings (loss) before income taxes                 1,041 827 1,419
Income tax (expense) benefit                 (176) 1,063 (495)
Net earnings (loss) 31 366 255 213 1,429 261 156 44 865 1,890 924
Less net earnings (losses) attributable to the noncontrolling interests                 334 536 244
Net earnings (loss) attributable to Liberty stockholders                 531 1,354 680
Net earnings (loss) attributable to Liberty stockholders                 531 1,354 680
Liberty Media Corporation                      
Other income (expense):                      
Net earnings (loss) attributable to Liberty stockholders                     377
Liberty Sirius XM Group                      
Revenue:                      
Total revenue                 5,771 5,425 5,014
Subscriber acquisition costs                 470 499 513
Other operating expense                 123 113 82
Selling, general and administrative                 881 812 761
Depreciation and amortization                 369 352 312
Total operating costs and expenses                 4,151 3,878 3,662
Operating income (loss)                 1,620 1,547 1,352
Other income (expense):                      
Interest expense                 (388) (356) (342)
Share of earnings (losses) of affiliates, net                 (11) 29 13
Realized and unrealized gains (losses) on financial instruments, net                 (1) (16)  
Other, net                 25 (11) (25)
Total other income (expense)                 (375) (354) (354)
Earnings (loss) before income taxes                 1,245 1,193 998
Income tax (expense) benefit                 (241) 466 (341)
Net earnings (loss)                 1,004 1,659 657
Less net earnings (losses) attributable to the noncontrolling interests                 328 535 244
Net earnings (loss) attributable to Liberty stockholders 126 185 165 200 694 183 123 124 676 1,124 297
Net earnings (loss) attributable to Liberty stockholders                 676 1,124 413
Braves Group                      
Revenue:                      
Total revenue                 442 386 262
Other operating expense                 247 281 224
Selling, general and administrative                 118 151 67
Depreciation and amortization                 76 67 32
Total operating costs and expenses                 441 499 323
Operating income (loss)                 1 (113) (61)
Other income (expense):                      
Interest expense                 (26) (15) (1)
Share of earnings (losses) of affiliates, net                 12 78 9
Unrealized gains losses on intergroup interest                 (24) (15) (27)
Realized and unrealized gains (losses) on financial instruments, net                 (2)   1
Other, net                 35 3  
Total other income (expense)                 (5) 51 (18)
Earnings (loss) before income taxes                 (4) (62) (79)
Income tax (expense) benefit                 15 36 17
Net earnings (loss)                 11 (26) (62)
Less net earnings (losses) attributable to the noncontrolling interests                 6 (1)  
Net earnings (loss) attributable to Liberty stockholders 18 41 (2) (52) 4 22 (2) (49) 5 (25) (30)
Net earnings (loss) attributable to Liberty stockholders                 5 (25) (62)
Formula One Group                      
Revenue:                      
Total revenue                 1,827 1,783  
Selling, general and administrative                 204 199 58
Legal settlement, net                     511
Depreciation and amortization                 460 405 10
Total operating costs and expenses                 1,937 1,823 (443)
Operating income (loss)                 (110) (40) 443
Other income (expense):                      
Interest expense                 (192) (220) (19)
Share of earnings (losses) of affiliates, net                 17 (3) (8)
Unrealized gains losses on intergroup interest                 24 15 27
Realized and unrealized gains (losses) on financial instruments, net                 43 (72) 36
Other, net                 18 16 21
Total other income (expense)                 (90) (264) 57
Earnings (loss) before income taxes                 (200) (304) 500
Income tax (expense) benefit                 50 561 (171)
Net earnings (loss)                 (150) 257 329
Less net earnings (losses) attributable to the noncontrolling interests                   2  
Net earnings (loss) attributable to Liberty stockholders $ (184) $ 42 $ 9 $ (17) $ 415 $ (37) $ (27) $ (96) (150) 255 36
Net earnings (loss) attributable to Liberty stockholders                 (150) 255 329
Subscriber                      
Revenue:                      
Total revenue                 4,594 4,473 4,194
Subscriber | Liberty Sirius XM Group                      
Revenue:                      
Total revenue                 4,594 4,473 4,194
Revenue Share And Royalties                      
Revenue:                      
Cost of subscriber services and Formula 1 revenue                 1,394 1,210 1,109
Revenue Share And Royalties | Liberty Sirius XM Group                      
Revenue:                      
Cost of subscriber services and Formula 1 revenue                 1,394 1,210 1,109
Programming and content                      
Revenue:                      
Cost of subscriber services and Formula 1 revenue                 406 388 354
Programming and content | Liberty Sirius XM Group                      
Revenue:                      
Cost of subscriber services and Formula 1 revenue                 406 388 354
Customer service and billing                      
Revenue:                      
Cost of subscriber services and Formula 1 revenue                 382 385 387
Customer service and billing | Liberty Sirius XM Group                      
Revenue:                      
Cost of subscriber services and Formula 1 revenue                 382 385 387
Other cost of subscriber services                      
Revenue:                      
Cost of subscriber services and Formula 1 revenue                 126 119 144
Other cost of subscriber services | Liberty Sirius XM Group                      
Revenue:                      
Cost of subscriber services and Formula 1 revenue                 126 119 144
Formula 1                      
Revenue:                      
Total revenue                 1,827 1,783  
Cost of subscriber services and Formula 1 revenue                 1,273 1,219  
Formula 1 | Formula One Group                      
Revenue:                      
Total revenue                 1,827 1,783  
Cost of subscriber services and Formula 1 revenue                 1,273 1,219  
Other                      
Revenue:                      
Total revenue                 1,619 1,338 1,082
Other | Liberty Sirius XM Group                      
Revenue:                      
Total revenue                 1,177 952 820
Other | Braves Group                      
Revenue:                      
Total revenue                 $ 442 $ 386 $ 262