Quarterly report pursuant to Section 13 or 15(d)

Basis Of Presentation Pro Forma (Tables)

v2.4.0.8
Basis Of Presentation Pro Forma (Tables)
 6 Months Ended
Jun. 30, 2013
Pro Forma Information [Abstract]  
Business Acquisition, Pro Forma Information [Table Text Block]
The Pro Forma summarized combined unaudited balance sheet and statement of operations of Liberty using the historical financial statements for SIRIUS XM, giving effect to purchase accounting related adjustments made at the time of acquisition and excluding the impact of the gain, as if the transaction discussed above occurred for the Balance Sheet data as of such date and for the Statement of Operations data as if they had occurred on January 1, 2012, are as follows:
Summary Pro Forma Balance Sheet Data:
 
December 31, 2012
 
amounts in millions
(unaudited)
Current assets
$
4,039

Investments in equity method affiliates
$
859

Property, plant and equipment, net
$
1,871

Intangible assets not subject to amortization
$
23,895

Intangible assets subject to amortization, net
$
1,036

Other assets
$
1,980

Total assets
$
33,680

Long-term debt
$
2,486

Deferred tax liabilities, net
$
2,936

Other liabilities
$
3,894

Noncontrolling interests in equity of subsidiaries
$
10,833

Stockholders' Equity
$
13,531

Summary Pro Forma Operations Data:
 
Three months ended June 30, 2012
 
Six months ended June 30, 2012
 
amounts in millions
(unaudited)
Revenue
$
970

 
1,808

Operating income (loss)
205

 
351

Interest expense
(49
)
 
(106
)
Share of earnings (loss) of affiliates
5

 
(16
)
Earnings (loss) attributable to the noncontrolling interests
1,584

 
1,629

Net Earnings (loss) from continuing operations attributable to Liberty stockholders
1,636

 
1,752

 
 
 
 
 
Pro Forma basic net earnings (loss) from continuing operations attributable to Liberty stockholders per common share (note 4):
 
 
 
 
Series A and B common stock
$
13.75

 
14.60

Pro Forma diluted net earnings (loss) from continuing operations attributable to Liberty stockholders per common share (note 4):
 
 
 
 
Series A and B common stock
$
13.30

 
14.13