Liberty Media Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document And Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Leases - Effect of adoption (Details)

v3.22.0.1

Leases - Effect of adoption (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Leases
Practical expedients to not reassess	true
Practical expedient entities to use hindsight	true
Operating lease, existence of option to extend	true
Finance lease, existence of option to extend	true
Operating lease, existence of option to terminate	true
Finance lease, existence of option to terminate	true
Restructuring Costs and Asset Impairment Charges	$ 24	$ 1,000
Sirius XM Holdings
Leases
Asset Impairment Charges	18
Accrued restructuring expense	6
Write-off of leasehold improvements	1
Restructuring Costs and Asset Impairment Charges	$ 25
Minimum
Leases
Operating lease, remaining lease term	1 year
Finance lease, remaining lease term	1 year
Operating lease, terminate term	1 year
Finance lease, terminate term	1 year
Maximum
Leases
Operating lease, remaining lease term	38 years
Finance lease, remaining lease term	39 years
Option to extend period - Operating	10 years
Option to extend period - Finance	10 years
Operating lease, terminate term	10 years
Finance lease, terminate term	10 years

- Definition

Remaining term of lessee's finance lease, terminate term, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.

+ References

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Remaining term of lessee's operating lease terminate term, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.

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- Definition

Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill.

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- Definition

The adjustment to reduce the value of existing agreements that specify the lessee's rights to use the leased property. This expense is charged when the estimates of future profits generated by the leased property are reduced.

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- Definition

Indicates (true false) whether practical expedient is elected to use hindsight in determining lease term and in assessing impairment of right-of-use asset.

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Indicates (true false) whether practical expedients are elected for not reassessing whether any expired or existing contract is or contains lease, lease classification for expired or existing lease, and initial direct cost for any existing lease.

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Remaining lease term of finance lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.

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Term of lessee's finance lease renewal, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

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Remaining lease term of operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.

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Amount, after cash payment, of expenses associated with exit or disposal activities pursuant to an authorized plan and expenses resulting from the write-down of assets. Excludes expenses related to a business combination, a discontinued operation or an asset retirement obligation.

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Carrying amount (including both current and noncurrent portions of the accrual) as of the balance sheet date pertaining to a specified type of cost associated with exit from or disposal of business activities or restructuring pursuant to a duly authorized plan.

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