Financial Information for Tracking Stock Groups - Cash Flows (Details) - USD ($)
$ in Millions |
12 Months Ended |
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
| Cash flows from operating activities: |
|
|
|
| Net earnings (loss) |
$ 744
|
$ (1,391)
|
$ 347
|
| Adjustments to reconcile net earnings to net cash provided by operating activities: |
|
|
|
| Depreciation and amortization |
1,072
|
1,083
|
1,061
|
| Stock-based compensation |
256
|
261
|
312
|
| Non-cash impairment and restructuring costs |
24
|
1,000
|
|
| Share of (earnings) loss of affiliates, net |
200
|
586
|
(6)
|
| Realized and unrealized (gains) losses on financial instruments, net |
451
|
402
|
315
|
| Noncash interest expense |
16
|
17
|
9
|
| Losses (gains) on dilution of investment in affiliate |
(152)
|
(4)
|
(7)
|
| Loss on early extinguishment of debt |
80
|
40
|
57
|
| Deferred income tax expense (benefit) |
(41)
|
(95)
|
120
|
| Other charges (credits), net |
2
|
11
|
8
|
| Changes in operating assets and liabilities |
|
|
|
| Current and other assets |
(104)
|
(34)
|
(3)
|
| Payables and other liabilities |
(111)
|
(146)
|
100
|
| Net cash provided (used) by operating activities |
2,437
|
1,730
|
2,313
|
| Cash flows from investing activities: |
|
|
|
| Investment of subsidiary initial public offering proceeds into trust account |
(575)
|
|
|
| Cash proceeds from sale of investments |
383
|
13
|
442
|
| Cash (paid) received for acquisitions, net of cash acquired |
(14)
|
(300)
|
313
|
| Investments in equity method affiliates and debt and equity securities |
(252)
|
(113)
|
(29)
|
| Return of investment in equity method affiliates |
40
|
105
|
23
|
| Repayment of loans and other cash receipts from equity method affiliates and debt and equity securities |
12
|
20
|
11
|
| Capital expended for property and equipment, including internal-use software and website development |
(440)
|
(452)
|
(510)
|
| Proceeds from insurance recoveries |
225
|
|
|
| Other investing activities, net |
(68)
|
(9)
|
64
|
| Net cash provided (used) by investing activities |
(689)
|
(736)
|
314
|
| Cash flows from financing activities: |
|
|
|
| Borrowings of debt |
6,411
|
4,898
|
6,020
|
| Repayments of debt |
(6,287)
|
(2,931)
|
(4,871)
|
| Liberty stock repurchases |
(555)
|
(318)
|
(443)
|
| Subsidiary shares repurchased by subsidiary |
(1,523)
|
(1,555)
|
(2,159)
|
| Proceeds from Liberty SiriusXM common stock rights offering |
|
754
|
|
| Cash dividends paid by subsidiary |
(58)
|
(64)
|
(68)
|
| Taxes paid in lieu of shares issued for stock-based compensation |
(154)
|
(120)
|
(211)
|
| Proceeds from initial public offering of subsidiary |
575
|
|
|
| Other financing activities, net |
(107)
|
(90)
|
(41)
|
| Net cash provided (used) by financing activities |
(1,698)
|
574
|
(1,773)
|
| Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash |
(3)
|
3
|
|
| Net increase (decrease) in cash, cash equivalents and restricted cash |
47
|
1,571
|
854
|
| Cash, cash equivalents and restricted cash at beginning of period |
2,877
|
1,306
|
452
|
| Cash, cash equivalents and restricted cash at end of period |
2,924
|
2,877
|
1,306
|
| Liberty SiriusXM Group |
|
|
|
| Cash flows from operating activities: |
|
|
|
| Net earnings (loss) |
875
|
(719)
|
735
|
| Adjustments to reconcile net earnings to net cash provided by operating activities: |
|
|
|
| Depreciation and amortization |
603
|
573
|
537
|
| Stock-based compensation |
215
|
234
|
267
|
| Non-cash impairment and restructuring costs |
24
|
1,000
|
|
| Share of (earnings) loss of affiliates, net |
253
|
484
|
24
|
| Unrealized (gains) losses on intergroup interests, net |
(121)
|
(125)
|
|
| Realized and unrealized (gains) losses on financial instruments, net |
433
|
521
|
41
|
| Noncash interest expense |
15
|
12
|
7
|
| Losses (gains) on dilution of investment in affiliate |
(152)
|
(4)
|
|
| Loss on early extinguishment of debt |
83
|
40
|
57
|
| Deferred income tax expense (benefit) |
(12)
|
40
|
268
|
| Intergroup tax allocation |
9
|
5
|
(21)
|
| Intergroup tax (payments) receipts |
(2)
|
8
|
(3)
|
| Other charges (credits), net |
(15)
|
2
|
4
|
| Changes in operating assets and liabilities |
|
|
|
| Current and other assets |
(59)
|
32
|
(11)
|
| Payables and other liabilities |
(255)
|
(179)
|
39
|
| Net cash provided (used) by operating activities |
1,894
|
1,924
|
1,944
|
| Cash flows from investing activities: |
|
|
|
| Cash proceeds from sale of investments |
177
|
|
373
|
| Cash (paid) received for acquisitions, net of cash acquired |
(14)
|
(300)
|
313
|
| Investments in equity method affiliates and debt and equity securities |
(73)
|
(96)
|
(19)
|
| Return of investment in equity method affiliates |
1
|
|
|
| Repayment of loans and other cash receipts from equity method affiliates and debt and equity securities |
12
|
20
|
11
|
| Capital expended for property and equipment, including internal-use software and website development |
(388)
|
(350)
|
(363)
|
| Proceeds from insurance recoveries |
225
|
|
|
| Other investing activities, net |
(4)
|
(8)
|
69
|
| Net cash provided (used) by investing activities |
(64)
|
(734)
|
384
|
| Cash flows from financing activities: |
|
|
|
| Borrowings of debt |
6,294
|
4,149
|
5,795
|
| Repayments of debt |
(5,872)
|
(2,203)
|
(4,833)
|
| Intergroup Loan (repayment) borrowing |
|
(750)
|
|
| Liberty stock repurchases |
(500)
|
(249)
|
(419)
|
| Subsidiary shares repurchased by subsidiary |
(1,523)
|
(1,555)
|
(2,159)
|
| 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 |
(58)
|
(64)
|
(68)
|
| Taxes paid in lieu of shares issued for stock-based compensation |
(106)
|
(116)
|
(201)
|
| Settlement of intergroup call spread |
(384)
|
|
|
| Other financing activities, net |
(83)
|
(47)
|
(38)
|
| Net cash provided (used) by financing activities |
(2,232)
|
(689)
|
(1,923)
|
| Net increase (decrease) in cash, cash equivalents and restricted cash |
(402)
|
501
|
405
|
| Cash, cash equivalents and restricted cash at beginning of period |
1,008
|
507
|
102
|
| Cash, cash equivalents and restricted cash at end of period |
606
|
1,008
|
507
|
| Braves Group |
|
|
|
| Cash flows from operating activities: |
|
|
|
| Net earnings (loss) |
(11)
|
(78)
|
(77)
|
| Adjustments to reconcile net earnings to net cash provided by operating activities: |
|
|
|
| Depreciation and amortization |
72
|
69
|
71
|
| Stock-based compensation |
12
|
6
|
17
|
| Share of (earnings) loss of affiliates, net |
(30)
|
(6)
|
(18)
|
| Unrealized (gains) losses on intergroup interests, net |
31
|
(42)
|
42
|
| Realized and unrealized (gains) losses on financial instruments, net |
(3)
|
10
|
4
|
| Noncash interest expense |
|
1
|
1
|
| Deferred income tax expense (benefit) |
12
|
(10)
|
(7)
|
| Intergroup tax allocation |
(4)
|
(28)
|
(8)
|
| Intergroup tax (payments) receipts |
7
|
2
|
21
|
| Other charges (credits), net |
20
|
9
|
18
|
| Changes in operating assets and liabilities |
|
|
|
| Current and other assets |
(43)
|
(29)
|
(12)
|
| Payables and other liabilities |
(1)
|
41
|
23
|
| Net cash provided (used) by operating activities |
62
|
(55)
|
75
|
| Cash flows from investing activities: |
|
|
|
| Cash proceeds from sale of investments |
2
|
|
|
| Investments in equity method affiliates and debt and equity securities |
|
|
(4)
|
| Capital expended for property and equipment, including internal-use software and website development |
(35)
|
(81)
|
(103)
|
| Other investing activities, net |
8
|
4
|
|
| Net cash provided (used) by investing activities |
(25)
|
(77)
|
(107)
|
| Cash flows from financing activities: |
|
|
|
| Borrowings of debt |
117
|
228
|
96
|
| Repayments of debt |
(93)
|
(114)
|
(31)
|
| Taxes paid in lieu of shares issued for stock-based compensation |
|
(1)
|
(4)
|
| Other financing activities, net |
(2)
|
(8)
|
(7)
|
| Net cash provided (used) by financing activities |
22
|
105
|
54
|
| Net increase (decrease) in cash, cash equivalents and restricted cash |
59
|
(27)
|
22
|
| Cash, cash equivalents and restricted cash at beginning of period |
185
|
212
|
190
|
| Cash, cash equivalents and restricted cash at end of period |
244
|
185
|
212
|
| Formula One Group |
|
|
|
| Cash flows from operating activities: |
|
|
|
| Net earnings (loss) |
(120)
|
(594)
|
(311)
|
| Adjustments to reconcile net earnings to net cash provided by operating activities: |
|
|
|
| Depreciation and amortization |
397
|
441
|
453
|
| Stock-based compensation |
29
|
21
|
28
|
| Share of (earnings) loss of affiliates, net |
(23)
|
108
|
(12)
|
| Unrealized (gains) losses on intergroup interests, net |
90
|
167
|
(42)
|
| Realized and unrealized (gains) losses on financial instruments, net |
21
|
(129)
|
270
|
| Noncash interest expense |
1
|
4
|
1
|
| Losses (gains) on dilution of investment in affiliate |
|
|
(7)
|
| Loss on early extinguishment of debt |
(3)
|
|
|
| Deferred income tax expense (benefit) |
(41)
|
(125)
|
(141)
|
| Intergroup tax allocation |
(5)
|
23
|
29
|
| Intergroup tax (payments) receipts |
(5)
|
(10)
|
(18)
|
| Other charges (credits), net |
(3)
|
|
(14)
|
| Changes in operating assets and liabilities |
|
|
|
| Current and other assets |
(2)
|
(37)
|
20
|
| Payables and other liabilities |
145
|
(8)
|
38
|
| Net cash provided (used) by operating activities |
481
|
(139)
|
294
|
| Cash flows from investing activities: |
|
|
|
| Investment of subsidiary initial public offering proceeds into trust account |
(575)
|
|
|
| Cash proceeds from sale of investments |
204
|
13
|
69
|
| Investments in equity method affiliates and debt and equity securities |
(179)
|
(17)
|
(6)
|
| Return of investment in equity method affiliates |
39
|
105
|
23
|
| Capital expended for property and equipment, including internal-use software and website development |
(17)
|
(21)
|
(44)
|
| Other investing activities, net |
(72)
|
(5)
|
(5)
|
| Net cash provided (used) by investing activities |
(600)
|
75
|
37
|
| Cash flows from financing activities: |
|
|
|
| Borrowings of debt |
|
521
|
129
|
| Repayments of debt |
(322)
|
(614)
|
(7)
|
| Intergroup Loan (repayment) borrowing |
|
750
|
|
| Liberty stock repurchases |
(55)
|
(69)
|
(24)
|
| Reattribution between Liberty SiriusXM Group and Liberty Formula One Group |
|
608
|
|
| Taxes paid in lieu of shares issued for stock-based compensation |
(48)
|
(3)
|
(6)
|
| Proceeds from initial public offering of subsidiary |
575
|
|
|
| Settlement of intergroup call spread |
384
|
|
|
| Other financing activities, net |
(22)
|
(35)
|
4
|
| Net cash provided (used) by financing activities |
512
|
1,158
|
96
|
| Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash |
(3)
|
3
|
|
| Net increase (decrease) in cash, cash equivalents and restricted cash |
390
|
1,097
|
427
|
| Cash, cash equivalents and restricted cash at beginning of period |
1,684
|
587
|
160
|
| Cash, cash equivalents and restricted cash at end of period |
$ 2,074
|
$ 1,684
|
$ 587
|