Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.19.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 697 $ 358
Trade and other receivables, net 849 364
Other current assets 385 360
Total current assets 1,931 1,082
Investments in affiliates, accounted for using the equity method 1,694 1,641
Property and equipment, at cost 3,630 3,765
Accumulated depreciation (1,419) (1,296)
Property and equipment, net 2,211 2,469
Intangible assets not subject to amortization (note 8):    
Goodwill 19,948 18,386
FCC licenses 8,600 8,600
Other 1,405 1,074
Intangible assets not subject to amortization 29,953 28,060
Intangible assets subject to amortization, net 6,222 5,715
Other assets 1,689 1,861
Total assets 43,700 40,828
Current liabilities:    
Accounts payable and accrued liabilities 1,507 1,116
Current portion of debt 13 17
Deferred revenue 2,356 2,079
Other current liabilities 97 32
Total current liabilities 3,973 3,244
Long-term debt, including $2,723 million and $2,487 million measured at fair value at June 30, 2019 and December 31, 2018, respectively (note 9) 14,411 13,371
Deferred income tax liabilities 1,824 1,651
Other liabilities 1,011 864
Total liabilities 21,219 19,130
Stockholders' equity:    
Preferred stock, $.01 par value. Authorized 50,000,000 shares; no shares issued
Additional paid-in capital 3,016 2,984
Accumulated other comprehensive earnings (loss), net of taxes (25) (38)
Retained earnings 13,600 13,644
Total stockholders' equity 16,596 16,595
Noncontrolling interests in equity of subsidiaries 5,885 5,103
Total equity 22,481 21,698
Commitments and contingencies (note 11)
Total liabilities and equity 43,700 40,828
Liberty Sirius XM Group    
Current assets:    
Cash and cash equivalents 236  
Trade and other receivables, net 628  
Other current assets 239  
Total current assets 1,103  
Investments in affiliates, accounted for using the equity method 649 629
Property and equipment, at cost 2,592  
Accumulated depreciation (1,223)  
Property and equipment, net 1,369  
Intangible assets not subject to amortization (note 8):    
Goodwill 15,812  
FCC licenses 8,600  
Other 1,262  
Intangible assets not subject to amortization 25,674  
Intangible assets subject to amortization, net 1,656  
Other assets 711  
Total assets 31,162  
Current liabilities:    
Accounts payable and accrued liabilities 1,220  
Deferred revenue 1,974  
Other current liabilities 71  
Total current liabilities 3,265  
Long-term debt, including $2,723 million and $2,487 million measured at fair value at June 30, 2019 and December 31, 2018, respectively (note 9) 8,703  
Deferred income tax liabilities 1,809  
Other liabilities 653  
Total liabilities 14,430  
Stockholders' equity:    
Total stockholders' equity 10,842  
Noncontrolling interests in equity of subsidiaries 5,890  
Total liabilities and equity 31,162  
Liberty Sirius XM Group | Common Class A    
Stockholders' equity:    
Common Stock, Value, Issued 1 1
Liberty Sirius XM Group | Common Class B    
Stockholders' equity:    
Common Stock, Value, Issued
Liberty Sirius XM Group | Common Class C    
Stockholders' equity:    
Common Stock, Value, Issued 2 2
Braves Group    
Current assets:    
Cash and cash equivalents 127  
Trade and other receivables, net 83  
Other current assets 44  
Total current assets 254  
Investments in affiliates, accounted for using the equity method 103 92
Property and equipment, at cost 857  
Accumulated depreciation (105)  
Property and equipment, net 752  
Intangible assets not subject to amortization (note 8):    
Goodwill 180  
Other 143  
Intangible assets not subject to amortization 323  
Intangible assets subject to amortization, net 44  
Other assets 73  
Total assets 1,549  
Current liabilities:    
Accounts payable and accrued liabilities 62  
Current portion of debt 13  
Deferred revenue 95  
Other current liabilities 8  
Total current liabilities 170  
Long-term debt, including $2,723 million and $2,487 million measured at fair value at June 30, 2019 and December 31, 2018, respectively (note 9) 452  
Deferred income tax liabilities 70  
Other liabilities 200  
Total liabilities 1,146  
Stockholders' equity:    
Total stockholders' equity 411  
Noncontrolling interests in equity of subsidiaries (8)  
Total liabilities and equity 1,549  
Braves Group | Common Class A    
Stockholders' equity:    
Common Stock, Value, Issued
Braves Group | Common Class B    
Stockholders' equity:    
Common Stock, Value, Issued
Braves Group | Common Class C    
Stockholders' equity:    
Common Stock, Value, Issued
Formula One Group    
Current assets:    
Cash and cash equivalents 334  
Trade and other receivables, net 138  
Other current assets 102  
Total current assets 574  
Investments in affiliates, accounted for using the equity method 942 920
Property and equipment, at cost 181  
Accumulated depreciation (91)  
Property and equipment, net 90  
Intangible assets not subject to amortization (note 8):    
Goodwill 3,956  
Intangible assets not subject to amortization 3,956  
Intangible assets subject to amortization, net 4,522  
Other assets 960  
Total assets 11,298  
Current liabilities:    
Accounts payable and accrued liabilities 225  
Deferred revenue 287  
Other current liabilities 18  
Total current liabilities 538  
Long-term debt, including $2,723 million and $2,487 million measured at fair value at June 30, 2019 and December 31, 2018, respectively (note 9) 5,256  
Other liabilities 158  
Total liabilities 5,952  
Stockholders' equity:    
Total stockholders' equity 5,343  
Noncontrolling interests in equity of subsidiaries 3  
Total liabilities and equity 11,298  
Formula One Group | Common Class A    
Stockholders' equity:    
Common Stock, Value, Issued
Formula One Group | Common Class B    
Stockholders' equity:    
Common Stock, Value, Issued
Formula One Group | Common Class C    
Stockholders' equity:    
Common Stock, Value, Issued $ 2 $ 2