Financial Information for Tracking Stock Groups - Cash Flows (Details) - USD ($)
$ in Millions |
12 Months Ended |
Dec. 31, 2020 |
Dec. 31, 2019 |
Dec. 31, 2018 |
| Cash flows from operating activities: |
|
|
|
| Net earnings (loss) |
$ (1,391)
|
$ 347
|
$ 865
|
| Adjustments to reconcile net earnings to net cash provided by operating activities: |
|
|
|
| Depreciation and amortization |
1,083
|
1,061
|
905
|
| Stock-based compensation |
261
|
312
|
192
|
| Impairment of intangible assets |
976
|
|
|
| Share of (earnings) loss of affiliates, net |
586
|
(6)
|
(18)
|
| Realized and unrealized (gains) losses on financial instruments, net |
402
|
315
|
(40)
|
| Noncash interest expense |
17
|
9
|
(1)
|
| Losses (gains) on dilution of investment in affiliate |
(4)
|
(7)
|
1
|
| Loss on early extinguishment of debt |
40
|
57
|
1
|
| Deferred income tax expense (benefit) |
(95)
|
120
|
167
|
| Other charges (credits), net |
35
|
8
|
(17)
|
| Changes in operating assets and liabilities |
|
|
|
| Current and other assets |
(34)
|
(3)
|
(31)
|
| Payables and other liabilities |
(146)
|
100
|
132
|
| Net cash provided (used) by operating activities |
1,730
|
2,313
|
2,156
|
| Cash flows from investing activities: |
|
|
|
| Investments in equity method affiliates and debt and equity securities |
(113)
|
(29)
|
(414)
|
| Return of investment in equity method affiliates |
105
|
23
|
64
|
| Cash proceeds from sale of investments |
13
|
442
|
399
|
| Cash (paid) received for acquisitions, net of cash acquired |
(300)
|
313
|
(2)
|
| Repayment of loans and other cash receipts from equity method affiliates and debt and equity securities |
20
|
11
|
14
|
| Capital expended for property and equipment, including internal-use software and website development |
(452)
|
(510)
|
(403)
|
| Other investing activities, net |
(9)
|
64
|
(28)
|
| Net cash provided (used) by investing activities |
(736)
|
314
|
(370)
|
| Cash flows from financing activities: |
|
|
|
| Borrowings of debt |
4,898
|
6,020
|
3,617
|
| Repayments of debt |
(2,931)
|
(4,871)
|
(4,057)
|
| Liberty SiriusXM common stock repurchases |
(318)
|
(443)
|
(466)
|
| Subsidiary shares repurchased by subsidiary |
(1,555)
|
(2,159)
|
(1,314)
|
| Proceeds from Liberty SiriusXM common stock rights offering |
754
|
|
|
| Cash dividends paid by subsidiary |
(64)
|
(68)
|
(59)
|
| Taxes paid in lieu of shares issued for stock-based compensation |
(120)
|
(211)
|
(130)
|
| Other financing activities, net |
(90)
|
(41)
|
29
|
| Net cash provided (used) by financing activities |
574
|
(1,773)
|
(2,380)
|
| Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash |
3
|
|
(1)
|
| Net increase (decrease) in cash, cash equivalents and restricted cash |
1,571
|
854
|
(595)
|
| Cash, cash equivalents and restricted cash at beginning of period |
1,306
|
452
|
1,047
|
| Cash, cash equivalents and restricted cash at end of period |
2,877
|
1,306
|
452
|
| Liberty SiriusXM Group |
|
|
|
| Cash flows from operating activities: |
|
|
|
| Net earnings (loss) |
(719)
|
735
|
1,004
|
| Adjustments to reconcile net earnings to net cash provided by operating activities: |
|
|
|
| Depreciation and amortization |
573
|
537
|
369
|
| Stock-based compensation |
234
|
267
|
156
|
| Impairment of intangible assets |
976
|
|
|
| Share of (earnings) loss of affiliates, net |
484
|
24
|
11
|
| Unrealized (gains) losses on intergroup interests, net |
(125)
|
|
|
| Realized and unrealized (gains) losses on financial instruments, net |
521
|
41
|
1
|
| Noncash interest expense |
12
|
7
|
(8)
|
| Losses (gains) on dilution of investment in affiliate |
(4)
|
|
|
| Loss on early extinguishment of debt |
40
|
57
|
|
| Deferred income tax expense (benefit) |
40
|
268
|
231
|
| Intergroup tax allocation |
5
|
(21)
|
22
|
| Intergroup tax (payments) receipts |
8
|
(3)
|
(20)
|
| Other charges (credits), net |
26
|
4
|
2
|
| Changes in operating assets and liabilities |
|
|
|
| Current and other assets |
32
|
(11)
|
(4)
|
| Payables and other liabilities |
(179)
|
39
|
21
|
| Net cash provided (used) by operating activities |
1,924
|
1,944
|
1,785
|
| Cash flows from investing activities: |
|
|
|
| Investments in equity method affiliates and debt and equity securities |
(96)
|
(19)
|
(405)
|
| Cash proceeds from sale of investments |
|
373
|
|
| Cash (paid) received for acquisitions, net of cash acquired |
(300)
|
313
|
(2)
|
| Repayment of loans and other cash receipts from equity method affiliates and debt and equity securities |
20
|
11
|
14
|
| Capital expended for property and equipment, including internal-use software and website development |
(350)
|
(363)
|
(356)
|
| Other investing activities, net |
(8)
|
69
|
(7)
|
| Net cash provided (used) by investing activities |
(734)
|
384
|
(756)
|
| Cash flows from financing activities: |
|
|
|
| Borrowings of debt |
4,149
|
5,795
|
2,795
|
| Repayments of debt |
(2,203)
|
(4,833)
|
(2,431)
|
| Intergroup Loan (repayment) borrowing |
(750)
|
|
|
| Liberty SiriusXM common stock repurchases |
(249)
|
(419)
|
(466)
|
| Subsidiary shares repurchased by subsidiary |
(1,555)
|
(2,159)
|
(1,314)
|
| Reattribution between Liberty SiriusXM Group and Liberty Formula One Group |
(608)
|
|
|
| Proceeds from Liberty SiriusXM common stock rights offering |
754
|
|
|
| Cash dividends paid by subsidiary |
(64)
|
(68)
|
(59)
|
| Taxes paid in lieu of shares issued for stock-based compensation |
(116)
|
(201)
|
(127)
|
| Other financing activities, net |
(47)
|
(38)
|
50
|
| Net cash provided (used) by financing activities |
(689)
|
(1,923)
|
(1,552)
|
| Net increase (decrease) in cash, cash equivalents and restricted cash |
501
|
405
|
(523)
|
| Cash, cash equivalents and restricted cash at beginning of period |
507
|
102
|
625
|
| Cash, cash equivalents and restricted cash at end of period |
1,008
|
507
|
102
|
| Braves Group |
|
|
|
| Cash flows from operating activities: |
|
|
|
| Net earnings (loss) |
(78)
|
(77)
|
11
|
| Adjustments to reconcile net earnings to net cash provided by operating activities: |
|
|
|
| Depreciation and amortization |
69
|
71
|
76
|
| Stock-based compensation |
6
|
17
|
11
|
| Share of (earnings) loss of affiliates, net |
(6)
|
(18)
|
(12)
|
| Unrealized (gains) losses on intergroup interests, net |
(42)
|
42
|
24
|
| Realized and unrealized (gains) losses on financial instruments, net |
10
|
4
|
2
|
| Noncash interest expense |
1
|
1
|
5
|
| Deferred income tax expense (benefit) |
(10)
|
(7)
|
(1)
|
| Intergroup tax allocation |
(28)
|
(8)
|
(14)
|
| Intergroup tax (payments) receipts |
2
|
21
|
35
|
| Other charges (credits), net |
9
|
18
|
(20)
|
| Changes in operating assets and liabilities |
|
|
|
| Current and other assets |
(29)
|
(12)
|
8
|
| Payables and other liabilities |
41
|
23
|
(22)
|
| Net cash provided (used) by operating activities |
(55)
|
75
|
103
|
| Cash flows from investing activities: |
|
|
|
| Investments in equity method affiliates and debt and equity securities |
|
(4)
|
|
| Return of investment in equity method affiliates |
|
|
50
|
| Cash proceeds from sale of investments |
|
|
155
|
| Capital expended for property and equipment, including internal-use software and website development |
(81)
|
(103)
|
(33)
|
| Other investing activities, net |
4
|
|
(13)
|
| Net cash provided (used) by investing activities |
(77)
|
(107)
|
159
|
| Cash flows from financing activities: |
|
|
|
| Borrowings of debt |
228
|
96
|
123
|
| Repayments of debt |
(114)
|
(31)
|
(317)
|
| Taxes paid in lieu of shares issued for stock-based compensation |
(1)
|
(4)
|
|
| Other financing activities, net |
(8)
|
(7)
|
(18)
|
| Net cash provided (used) by financing activities |
105
|
54
|
(212)
|
| Net increase (decrease) in cash, cash equivalents and restricted cash |
(27)
|
22
|
50
|
| Cash, cash equivalents and restricted cash at beginning of period |
212
|
190
|
140
|
| Cash, cash equivalents and restricted cash at end of period |
185
|
212
|
190
|
| Formula One Group |
|
|
|
| Cash flows from operating activities: |
|
|
|
| Net earnings (loss) |
(594)
|
(311)
|
(150)
|
| Adjustments to reconcile net earnings to net cash provided by operating activities: |
|
|
|
| Depreciation and amortization |
441
|
453
|
460
|
| Stock-based compensation |
21
|
28
|
25
|
| Share of (earnings) loss of affiliates, net |
108
|
(12)
|
(17)
|
| Unrealized (gains) losses on intergroup interests, net |
167
|
(42)
|
(24)
|
| Realized and unrealized (gains) losses on financial instruments, net |
(129)
|
270
|
(43)
|
| Noncash interest expense |
4
|
1
|
2
|
| Losses (gains) on dilution of investment in affiliate |
|
(7)
|
1
|
| Loss on early extinguishment of debt |
|
|
1
|
| Deferred income tax expense (benefit) |
(125)
|
(141)
|
(63)
|
| Intergroup tax allocation |
23
|
29
|
(8)
|
| Intergroup tax (payments) receipts |
(10)
|
(18)
|
(15)
|
| Other charges (credits), net |
|
(14)
|
1
|
| Changes in operating assets and liabilities |
|
|
|
| Current and other assets |
(37)
|
20
|
(35)
|
| Payables and other liabilities |
(8)
|
38
|
133
|
| Net cash provided (used) by operating activities |
(139)
|
294
|
268
|
| Cash flows from investing activities: |
|
|
|
| Investments in equity method affiliates and debt and equity securities |
(17)
|
(6)
|
(9)
|
| Return of investment in equity method affiliates |
105
|
23
|
14
|
| Cash proceeds from sale of investments |
13
|
69
|
244
|
| Capital expended for property and equipment, including internal-use software and website development |
(21)
|
(44)
|
(14)
|
| Other investing activities, net |
(5)
|
(5)
|
(8)
|
| Net cash provided (used) by investing activities |
75
|
37
|
227
|
| Cash flows from financing activities: |
|
|
|
| Borrowings of debt |
521
|
129
|
699
|
| Repayments of debt |
(614)
|
(7)
|
(1,309)
|
| Intergroup Loan (repayment) borrowing |
750
|
|
|
| Liberty SiriusXM common stock repurchases |
(69)
|
(24)
|
|
| Reattribution between Liberty SiriusXM Group and Liberty Formula One Group |
608
|
|
|
| Taxes paid in lieu of shares issued for stock-based compensation |
(3)
|
(6)
|
(3)
|
| Other financing activities, net |
(35)
|
4
|
(3)
|
| Net cash provided (used) by financing activities |
1,158
|
96
|
(616)
|
| Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash |
3
|
|
(1)
|
| Net increase (decrease) in cash, cash equivalents and restricted cash |
1,097
|
427
|
(122)
|
| Cash, cash equivalents and restricted cash at beginning of period |
587
|
160
|
282
|
| Cash, cash equivalents and restricted cash at end of period |
$ 1,684
|
$ 587
|
$ 160
|