Quarterly report pursuant to Section 13 or 15(d)

Financial Information for Tracking Stock Groups - Cash Flows (Details)

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Financial Information for Tracking Stock Groups - Cash Flows (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:        
Net earnings (loss) $ 528 $ (262) $ 514 $ (260)
Adjustments to reconcile net earnings to net cash provided by operating activities:        
Depreciation and amortization 268 266 532 533
Stock-based compensation     123 112
Non-cash impairment and restructuring costs     245 24
Share of (earnings) loss of affiliates, net 48 193 143 255
Realized and unrealized (gains) losses on financial instruments, net (155) 180 (106) 179
Deferred income tax expense (benefit)     (101) (34)
Other charges (credits), net     3 10
Changes in operating assets and liabilities        
Current and other assets     (176) (240)
Payables and other liabilities     58 290
Net cash provided (used) by operating activities     1,235 869
Cash flows from investing activities:        
Investments in equity method affiliates and debt and equity securities     (185) (87)
Investment of subsidiary initial public offering proceeds into trust account     (575)  
Return of investment in equity method affiliates     38 105
Cash proceeds from sale of investments     169 13
Cash (paid) received for acquisitions, net of cash acquired     (14) (28)
Capital expended for property and equipment, including internal-use software and website development     (190) (206)
Other investing activities, net     3  
Net cash provided (used) by investing activities     (754) (203)
Cash flows from financing activities:        
Borrowings of debt     3,794 2,835
Repayments of debt     (2,513) (884)
Liberty SiriusXM common stock repurchases     (243) (138)
Subsidiary shares repurchased by subsidiary     (856) (399)
Proceeds from Liberty SiriusXM common stock rights offering       754
Cash dividends paid by subsidiary     (28) (33)
Taxes paid in lieu of shares issued for stock-based compensation     (45) (46)
Proceeds from initial public offering of subsidiary     575  
Other financing activities, net     (34) (20)
Net cash provided (used) by financing activities     650 2,069
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash     (2) (10)
Net increase (decrease) in cash, cash equivalents and restricted cash     1,129 2,725
Cash, cash equivalents and restricted cash at beginning of period     2,877 1,306
Cash, cash equivalents and restricted cash at end of period 4,006 4,031 4,006 4,031
Liberty SiriusXM Group        
Cash flows from operating activities:        
Net earnings (loss) 432 (24) 470 268
Adjustments to reconcile net earnings to net cash provided by operating activities:        
Depreciation and amortization 150 142 299 290
Stock-based compensation     104 112
Non-cash impairment and restructuring costs     245 24
Share of (earnings) loss of affiliates, net 70 146 183 148
Unrealized (gains) losses on intergroup interests, net (22) (36) (32) (67)
Realized and unrealized (gains) losses on financial instruments, net (86) 184   189
Deferred income tax expense (benefit)     (13) 29
Intergroup tax allocation     2 (1)
Other charges (credits), net     (2) 7
Changes in operating assets and liabilities        
Current and other assets     (90) 204
Payables and other liabilities     (291) (236)
Net cash provided (used) by operating activities     875 967
Cash flows from investing activities:        
Investments in equity method affiliates and debt and equity securities     (61) (86)
Cash (paid) received for acquisitions, net of cash acquired     (14) (28)
Capital expended for property and equipment, including internal-use software and website development     (164) (149)
Other investing activities, net     4 (2)
Net cash provided (used) by investing activities     (235) (265)
Cash flows from financing activities:        
Borrowings of debt     3,722 2,117
Repayments of debt     (2,270) (238)
Intergroup Loan (repayment) borrowing       (750)
Liberty SiriusXM common stock repurchases     (243) (69)
Subsidiary shares repurchased by subsidiary     (856) (399)
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     (28) (33)
Taxes paid in lieu of shares issued for stock-based compensation     (44) (44)
Settlement of intergroup call spread     (384)  
Other financing activities, net     5 (4)
Net cash provided (used) by financing activities     (98) 726
Net increase (decrease) in cash, cash equivalents and restricted cash     542 1,428
Cash, cash equivalents and restricted cash at beginning of period     1,008 507
Cash, cash equivalents and restricted cash at end of period 1,550 1,935 1,550 1,935
Braves Group        
Cash flows from operating activities:        
Net earnings (loss) 25 (38) (34) 15
Adjustments to reconcile net earnings to net cash provided by operating activities:        
Depreciation and amortization 19 20 34 35
Stock-based compensation     6 (12)
Share of (earnings) loss of affiliates, net (8) 1 (11) (3)
Unrealized (gains) losses on intergroup interests, net (1) 7 27 (88)
Realized and unrealized (gains) losses on financial instruments, net 1 1 (1) 10
Deferred income tax expense (benefit)     (3) (16)
Intergroup tax allocation     2 (8)
Other charges (credits), net     3 3
Changes in operating assets and liabilities        
Current and other assets     2 6
Payables and other liabilities     23 59
Net cash provided (used) by operating activities     48 1
Cash flows from investing activities:        
Cash proceeds from sale of investments     2  
Capital expended for property and equipment, including internal-use software and website development     (19) (43)
Other investing activities, net       4
Net cash provided (used) by investing activities     (17) (39)
Cash flows from financing activities:        
Borrowings of debt     72 196
Repayments of debt     (53) (37)
Other financing activities, net     (4) (4)
Net cash provided (used) by financing activities     15 155
Net increase (decrease) in cash, cash equivalents and restricted cash     46 117
Cash, cash equivalents and restricted cash at beginning of period     185 212
Cash, cash equivalents and restricted cash at end of period 231 329 231 329
Formula One Group        
Cash flows from operating activities:        
Net earnings (loss) 71 (200) 78 (543)
Adjustments to reconcile net earnings to net cash provided by operating activities:        
Depreciation and amortization 99 104 199 208
Stock-based compensation     13 12
Share of (earnings) loss of affiliates, net (14) 46 (29) 110
Unrealized (gains) losses on intergroup interests, net 23 29 5 155
Realized and unrealized (gains) losses on financial instruments, net (70) (5) (105) (20)
Deferred income tax expense (benefit)     (85) (47)
Intergroup tax allocation     (4) 9
Other charges (credits), net     2  
Changes in operating assets and liabilities        
Current and other assets     (88) (450)
Payables and other liabilities     326 467
Net cash provided (used) by operating activities     312 (99)
Cash flows from investing activities:        
Investments in equity method affiliates and debt and equity securities     (124) (1)
Investment of subsidiary initial public offering proceeds into trust account     (575)  
Return of investment in equity method affiliates     38 105
Cash proceeds from sale of investments     167 13
Capital expended for property and equipment, including internal-use software and website development     (7) (14)
Other investing activities, net     (1) (2)
Net cash provided (used) by investing activities     (502) 101
Cash flows from financing activities:        
Borrowings of debt       522
Repayments of debt     (190) (609)
Intergroup Loan (repayment) borrowing       750
Liberty SiriusXM common stock repurchases       (69)
Reattribution between Liberty SiriusXM Group and Liberty Formula One Group       608
Taxes paid in lieu of shares issued for stock-based compensation     (1) (2)
Proceeds from initial public offering of subsidiary     575  
Settlement of intergroup call spread     384  
Other financing activities, net     (35) (12)
Net cash provided (used) by financing activities     733 1,188
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash     (2) (10)
Net increase (decrease) in cash, cash equivalents and restricted cash     541 1,180
Cash, cash equivalents and restricted cash at beginning of period     1,684 587
Cash, cash equivalents and restricted cash at end of period $ 2,225 $ 1,767 $ 2,225 $ 1,767