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
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net earnings (loss) $ 296 $ (14)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Depreciation and amortization 260 264
Stock-based compensation 55 63
Non-cash impairment and restructuring costs   245
Share of (earnings) loss of affiliates, net 14 95
Realized and unrealized (gains) losses on financial instruments, net (59) 49
Deferred income tax expense (benefit) 55 (143)
Other charges (credits), net (33) (1)
Changes in operating assets and liabilities    
Current and other assets (114) (8)
Payables and other liabilities 77 (53)
Net cash provided (used) by operating activities 551 497
Cash flows from investing activities:    
Investments in equity method affiliates and debt and equity securities (9) (58)
Investment of subsidiary initial public offering proceeds into trust account   (575)
Cash proceeds from dispositions 97  
Capital expended for property and equipment, including internal-use software and website development (111) (91)
Other investing activities, net 34 8
Net cash provided (used) by investing activities 11 (716)
Cash flows from financing activities:    
Borrowings of debt 1,755 1,090
Repayments of debt (1,242) (593)
Liberty stock repurchases (239) (107)
Subsidiary shares repurchased by subsidiary (206) (522)
Cash dividends paid by subsidiary (201) (14)
Taxes paid in lieu of shares issued for stock-based compensation (35) (22)
Proceeds from initial public offering of subsidiary   575
Other financing activities, net 4 (24)
Net cash provided (used) by financing activities (164) 383
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash (2) (2)
Net increase (decrease) in cash, cash equivalents and restricted cash 396 162
Cash, cash equivalents and restricted cash at beginning of period 2,924 2,877
Cash, cash equivalents and restricted cash at end of period 3,320 3,039
Liberty SiriusXM Group    
Cash flows from operating activities:    
Net earnings (loss) 344 38
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Depreciation and amortization 152 149
Stock-based compensation 49 54
Non-cash impairment and restructuring costs   245
Share of (earnings) loss of affiliates, net 18 113
Unrealized (gains) losses on intergroup interests, net (20) (10)
Realized and unrealized (gains) losses on financial instruments, net (61) 86
Deferred income tax expense (benefit) 39 (121)
Intergroup tax allocation 42 1
Other charges (credits), net (11) (3)
Changes in operating assets and liabilities    
Current and other assets 21 58
Payables and other liabilities (238) (339)
Net cash provided (used) by operating activities 335 271
Cash flows from investing activities:    
Investments in equity method affiliates and debt and equity securities (1) (5)
Cash proceeds from dispositions 50  
Capital expended for property and equipment, including internal-use software and website development (97) (78)
Other investing activities, net (42) 8
Net cash provided (used) by investing activities (90) (75)
Cash flows from financing activities:    
Borrowings of debt 1,740 1,083
Repayments of debt (1,204) (585)
Liberty stock repurchases (202) (107)
Subsidiary shares repurchased by subsidiary (206) (522)
Cash dividends paid by subsidiary (201) (14)
Taxes paid in lieu of shares issued for stock-based compensation (61) (21)
Other financing activities, net 1  
Net cash provided (used) by financing activities (133) (166)
Net increase (decrease) in cash, cash equivalents and restricted cash 112 30
Cash, cash equivalents and restricted cash at beginning of period 606 1,008
Cash, cash equivalents and restricted cash at end of period 718 1,038
Braves Group    
Cash flows from operating activities:    
Net earnings (loss) (13) (59)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Depreciation and amortization 18 15
Stock-based compensation 3 3
Share of (earnings) loss of affiliates, net (4) (3)
Unrealized (gains) losses on intergroup interests, net (1) 28
Realized and unrealized (gains) losses on financial instruments, net (5) (2)
Deferred income tax expense (benefit) (10) (7)
Intergroup tax allocation 7 (3)
Other charges (credits), net (20)  
Changes in operating assets and liabilities    
Current and other assets 23 36
Payables and other liabilities 83 34
Net cash provided (used) by operating activities 81 42
Cash flows from investing activities:    
Investments in equity method affiliates and debt and equity securities (5)  
Cash proceeds from dispositions 47  
Capital expended for property and equipment, including internal-use software and website development (4) (10)
Net cash provided (used) by investing activities 38 (10)
Cash flows from financing activities:    
Borrowings of debt 15 8
Repayments of debt (37) (6)
Other financing activities, net (4) (1)
Net cash provided (used) by financing activities (26) 1
Net increase (decrease) in cash, cash equivalents and restricted cash 93 33
Cash, cash equivalents and restricted cash at beginning of period 244 185
Cash, cash equivalents and restricted cash at end of period 337 218
Formula One Group    
Cash flows from operating activities:    
Net earnings (loss) (35) 7
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Depreciation and amortization 90 100
Stock-based compensation 3 6
Share of (earnings) loss of affiliates, net   (15)
Unrealized (gains) losses on intergroup interests, net 21 (18)
Realized and unrealized (gains) losses on financial instruments, net 7 (35)
Deferred income tax expense (benefit) 26 (15)
Intergroup tax allocation (49) 2
Other charges (credits), net (2) 2
Changes in operating assets and liabilities    
Current and other assets (158) (102)
Payables and other liabilities 232 252
Net cash provided (used) by operating activities 135 184
Cash flows from investing activities:    
Investments in equity method affiliates and debt and equity securities (3) (53)
Investment of subsidiary initial public offering proceeds into trust account   (575)
Capital expended for property and equipment, including internal-use software and website development (10) (3)
Other investing activities, net 76  
Net cash provided (used) by investing activities 63 (631)
Cash flows from financing activities:    
Borrowings of debt   (1)
Repayments of debt (1) (2)
Liberty stock repurchases (37)  
Taxes paid in lieu of shares issued for stock-based compensation 26 (1)
Proceeds from initial public offering of subsidiary   575
Other financing activities, net 7 (23)
Net cash provided (used) by financing activities (5) 548
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash (2) (2)
Net increase (decrease) in cash, cash equivalents and restricted cash 191 99
Cash, cash equivalents and restricted cash at beginning of period 2,074 1,684
Cash, cash equivalents and restricted cash at end of period $ 2,265 $ 1,783