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
|
|
|