Annual report pursuant to Section 13 and 15(d)

Sirius XM Transactions (Tables)

v2.4.1.9
Sirius XM Transactions (Tables) (SIRIUS XM)
 12 Months Ended
Dec. 31, 2014
SIRIUS XM
  
Business Acquisition [Line Items]  
Schedule of Purchase Price Allocation

The final purchase price allocation for SIRIUS XM is as follows (amounts in millions):

 

 

 

 

 

 

Fair value of SIRIUS XM equity interests

    

$
10,372 

 

Fair value of SIRIUS XM debt securities

 

 
253 

 

Noncontrolling interest

 

 
10,841 

 

 

 

$
21,466 

 

 

 

 

 

 

Cash and cash equivalents

 

$
569 

 

Receivables

 

 
210 

 

Property, plant and equipment

 

 
1,714 

 

Goodwill

 

 
13,775 

 

FCC Licenses

 

 
8,600 

 

Tradenames

 

 
930 

 

Intangible assets subject to amortization

 

 
930 

 

Other assets

 

 
480 

 

Debt

 

 
(2,490)

 

Deferred revenue

 

 
(1,565)

 

Deferred income tax liabilities, net

 

 
(685)

 

Other liabilities assumed

 

 
(1,002)

 

 

 

$
21,466 

 

 

Business Acquisition, Pro Forma Information

 

 

 

 

 

 

 

 

 

Year ended 
December 31, 2012

 

 

 

amounts in millions

 

 

 

(unaudited)

 

Revenue

 

$
3,730 

 

Operating income (loss)

 

$
686 

 

Interest expense

 

$
(162)

 

Share of earnings (loss) of affiliates

 

$
(21)

 

Less earnings (loss) attributable to the noncontrolling interests

 

$
1,736 

 

Net Earnings (loss) from continuing operations attributable to Liberty stockholders

 

$
2,052 

 

 

 

 

 

 

Pro Forma basic net earnings (loss) from continuing operations attributable to Liberty stockholders per common share (note 2)

 

$
5.68 

 

 

 

 

 

 

Pro Forma diluted net earnings (loss) from continuing operations attributable to Liberty stockholders per common share (note 2)

 

$
5.52