Annual report pursuant to Section 13 and 15(d)

Information About Liberty's Operating Segments (Tables)

v3.8.0.1
Information About Liberty's Operating Segments (Tables)
12 Months Ended
Dec. 31, 2017
Information About Liberty's Operating Segments  
Performance Measures By Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

 

2017

 

2016

 

2015

 

 

    

 

 

    

Adjusted

    

 

    

Adjusted

    

 

    

Adjusted

 

 

 

Revenue

 

OIBDA

 

Revenue

 

OIBDA

 

Revenue

 

OIBDA

 

 

 

amounts in millions

 

Liberty SiriusXM Group

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SIRIUS XM

 

$

5,425

 

2,109

 

5,014

 

1,853

 

4,552

 

1,660

 

Corporate and other

 

 

 —

 

(15)

 

 —

 

(15)

 

 —

 

 —

 

Total Liberty SiriusXM Group

 

 

5,425

 

2,094

 

5,014

 

1,838

 

4,552

 

1,660

 

Braves Group

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate and other

 

 

386

 

 2

 

262

 

(20)

 

243

 

 3

 

Total Braves Group

 

 

386

 

 2

 

262

 

(20)

 

243

 

 3

 

Formula One Group

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Formula 1

 

 

1,783

 

438

 

 —

 

 —

 

 —

 

 —

 

Corporate and other

 

 

 —

 

(41)

 

 —

 

(45)

 

 —

 

(35)

 

Total Formula One Group

 

 

1,783

 

397

 

 —

 

(45)

 

 —

 

(35)

 

Total

 

$

7,594

 

2,493

 

5,276

 

1,773

 

4,795

 

1,628

 

 

Other Information By Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2017

 

December 31, 2016

 

 

    

Total

    

Investments

    

Capital

    

Total

    

Investments

    

Capital

 

 

 

assets

 

in affiliates

 

expenditures

 

assets

 

in affiliates

 

expenditures

 

 

 

amounts in millions

 

Liberty SiriusXM Group

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SIRIUS XM

 

$

27,837

 

672

 

288

 

26,978

 

164

 

206

 

Corporate and other

 

 

693

 

 —

 

 —

 

73

 

 —

 

 —

 

Total Liberty SiriusXM Group

 

 

28,530

 

672

 

288

 

27,051

 

164

 

206

 

Braves Group

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate and other

 

 

1,866

 

145

 

219

 

1,548

 

61

 

360

 

Total Braves Group

 

 

1,866

 

145

 

219

 

1,548

 

61

 

360

 

Formula One Group

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Formula 1

 

 

9,461

 

 —

 

 8

 

NA

 

NA

 

NA

 

Corporate and other

 

 

2,341

 

933

 

 2

 

2,995

 

892

 

 2

 

Total Formula One Group

 

 

11,802

 

933

 

10

 

2,995

 

892

 

 2

 

Elimination (1)

 

 

(202)

 

 —

 

 —

 

(217)

 

 —

 

 —

 

Consolidated Liberty

 

$

41,996

 

1,750

 

517

 

31,377

 

1,117

 

568

 


(1)

This is primarily the intergroup interest in the Braves Group held by the Formula One Group, as discussed in note 2. The intergroup interest attributable to the Formula One Group is presented as an asset and the intergroup interest attributable to the Braves Group is presented as a liability in the attributed financial statements and the offsetting amounts between tracking stock groups are eliminated in consolidation.

Reconciliation of segment Adjusted OIBDA to earnings (loss) from continuing operations before income tax

 

 

 

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

    

2017

    

2016

    

2015

 

 

 

amounts in millions

 

Consolidated segment Adjusted OIBDA

 

$

2,493

 

1,773

 

1,628

 

Legal settlement (note 17)

 

 

(45)

 

465

 

(108)

 

Stock-based compensation

 

 

(230)

 

(150)

 

(204)

 

Depreciation and amortization

 

 

(824)

 

(354)

 

(362)

 

Operating income (loss)

 

 

1,394

 

1,734

 

954

 

Interest expense

 

 

(591)

 

(362)

 

(328)

 

Share of earnings (losses) of affiliates, net

 

 

104

 

14

 

(40)

 

Realized and unrealized gains (losses) on financial instruments, net

 

 

(88)

 

37

 

(140)

 

Other, net

 

 

 8

 

(4)

 

12

 

Earnings (loss) from continuing operations before income taxes

 

$

827

 

1,419

 

458

 

 

Revenue from External Customers by Geographic Areas [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

    

2017

    

2016

    

2015

 

 

 

amounts in millions

 

United States

 

$

5,724

 

5,230

 

4,739

 

United Kingdom

 

 

1,783

 

 —

 

 —

 

Other

 

 

87

 

46

 

56

 

 

 

$

7,594

 

5,276

 

4,795

 

 

Long-lived Assets by Geographic Areas [Table Text Block]

 

 

 

 

 

 

 

 

 

December 31,

 

 

    

2017

    

2016

 

 

 

amounts in millions

 

United States

 

$

2,529

 

2,352

 

United Kingdom

 

 

12

 

 —

 

 

 

$

2,541

 

2,352