Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 1,936 $ 1,222
Trade and other receivables, net 771 767
Other current assets 566 416
Total current assets 3,273 2,405
Investments in affiliates, accounted for using the equity method (note 7) 1,106 1,625
Property and equipment, at cost 3,906 3,780
Accumulated depreciation (1,670) (1,518)
Property and equipment, net 2,236 2,262
Intangible assets not subject to amortization (note 8):    
Goodwill 19,956 19,939
FCC licenses 8,600 8,600
Other 1,405 1,405
Intangible assets not subject to amortization 29,961 29,944
Intangible assets subject to amortization, net (note 8) 5,489 5,940
Other assets 1,724 2,013
Total assets 43,789 44,189
Current liabilities:    
Accounts payable and accrued liabilities 1,403 1,621
Current portion of debt (note 9) 96 60
Deferred revenue 2,242 2,113
Other current liabilities 98 94
Total current liabilities 3,839 3,888
Long-term debt, including $3,237 million and $3,678 million measured at fair value at June 30, 2020 and December 31, 2019, respectively (note 9) 15,414 15,416
Deferred income tax liabilities 2,065 1,913
Other liabilities 1,091 1,047
Total liabilities 22,409 22,264
Stockholders' equity:    
Preferred stock, $.01 par value. Authorized 50,000,000 shares; no shares issued
Additional paid-in capital 2,943 2,575
Accumulated other comprehensive earnings (loss), net of taxes 19 (33)
Retained earnings 13,225 13,748
Total stockholders' equity 16,192 16,295
Noncontrolling interests in equity of subsidiaries 5,188 5,630
Total equity 21,380 21,925
Commitments and contingencies (note 10)
Total liabilities and equity 43,789 44,189
Liberty SiriusXM Group    
Current assets:    
Cash and cash equivalents 137  
Trade and other receivables, net 582  
Other current assets 214  
Total current assets 933  
Investments in affiliates, accounted for using the equity method (note 7) 986 644
Property and equipment, at cost 2,724  
Accumulated depreciation (1,435)  
Property and equipment, net 1,289  
Intangible assets not subject to amortization (note 8):    
Goodwill 15,820  
FCC licenses 8,600  
Other 1,262  
Intangible assets not subject to amortization 25,682  
Intangible assets subject to amortization, net (note 8) 1,474  
Other assets 1,021  
Total assets 31,610  
Current liabilities:    
Accounts payable and accrued liabilities 1,156  
Current portion of debt (note 9) 1  
Deferred revenue 1,792  
Other current liabilities 350  
Total current liabilities 3,271  
Long-term debt, including $3,237 million and $3,678 million measured at fair value at June 30, 2020 and December 31, 2019, respectively (note 9) 11,084  
Deferred income tax liabilities 2,055  
Other liabilities 664  
Total liabilities 17,074  
Stockholders' equity:    
Total stockholders' equity 9,354  
Noncontrolling interests in equity of subsidiaries 5,182  
Total liabilities and equity 31,610  
Liberty SiriusXM Group | Common Class A    
Stockholders' equity:    
Common Stock, Value, Issued 1 1
Liberty SiriusXM Group | Common Class B    
Stockholders' equity:    
Common Stock, Value, Issued
Liberty SiriusXM Group | Common Class C    
Stockholders' equity:    
Common Stock, Value, Issued 2 2
Braves Group    
Current assets:    
Cash and cash equivalents 213  
Trade and other receivables, net 41  
Other current assets 40  
Total current assets 294  
Investments in affiliates, accounted for using the equity method (note 7) 87 99
Property and equipment, at cost 991  
Accumulated depreciation (168)  
Property and equipment, net 823  
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 (note 8) 25  
Other assets 76  
Total assets 1,628  
Current liabilities:    
Accounts payable and accrued liabilities 63  
Current portion of debt (note 9) 95  
Deferred revenue 88  
Other current liabilities 4  
Total current liabilities 225  
Long-term debt, including $3,237 million and $3,678 million measured at fair value at June 30, 2020 and December 31, 2019, respectively (note 9) 615  
Deferred income tax liabilities 47  
Other liabilities 213  
Total liabilities 1,291  
Stockholders' equity:    
Total stockholders' equity 337  
Total liabilities and equity 1,628  
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 1,586  
Trade and other receivables, net 148  
Other current assets 588  
Total current assets 2,322  
Investments in affiliates, accounted for using the equity method (note 7) 33 882
Property and equipment, at cost 191  
Accumulated depreciation (67)  
Property and equipment, net 124  
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 (note 8) 3,990  
Other assets 664  
Total assets 11,231  
Current liabilities:    
Accounts payable and accrued liabilities 184  
Deferred revenue 362  
Other current liabilities 20  
Total current liabilities 619  
Long-term debt, including $3,237 million and $3,678 million measured at fair value at June 30, 2020 and December 31, 2019, respectively (note 9) 3,715  
Other liabilities 214  
Total liabilities 4,724  
Stockholders' equity:    
Total stockholders' equity 6,501  
Noncontrolling interests in equity of subsidiaries 6  
Total liabilities and equity 11,231  
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