Annual report pursuant to Section 13 and 15(d)

Investments In Affiliates Accounted For Using The Equity Method - Live Nation - Consolidated Statements of Operations (Details)

v3.22.4
Investments In Affiliates Accounted For Using The Equity Method - Live Nation - Consolidated Statements of Operations (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Consolidated Statements of Operations      
Revenue $ 12,164 $ 11,400 $ 9,363
Operating costs and expenses, including stock-based compensation:      
Selling, general and administrative expenses 2,031 1,907 1,750
Depreciation and amortization 1,044 1,072 1,083
Other operating expenses 719 642 434
Total operating costs and expenses 10,100 9,423 9,186
Operating income (loss) 2,064 1,977 177
Interest expense (689) (642) (634)
Other income (expense), net 129 (1,188) (1,612)
Earnings (loss) before income taxes 2,193 789 (1,435)
Income tax benefit (expense) (164) (45) 44
Net earnings (loss) 2,029 744 (1,391)
Less net earnings (loss) attributable to the noncontrolling interests 227 292 30
Net earnings (loss) attributable to Liberty stockholders 1,815 398 (1,421)
Liberty SiriusXM Group      
Consolidated Statements of Operations      
Revenue 9,003 8,696 8,040
Operating costs and expenses, including stock-based compensation:      
Selling, general and administrative expenses 1,638 1,598 1,509
Depreciation and amortization 611 603 573
Other operating expenses 285 265 264
Total operating costs and expenses 7,084 6,779 7,291
Operating income (loss) 1,919 1,917 749
Interest expense (511) (495) (462)
Other income (expense), net 50 (968) (1,362)
Earnings (loss) before income taxes 1,969 949 (613)
Income tax benefit (expense) (467) (74) (106)
Net earnings (loss) 1,502 875 (719)
Less net earnings (loss) attributable to the noncontrolling interests 210 276 28
Net earnings (loss) attributable to Liberty stockholders 1,292 599 (747)
Liberty SiriusXM Group | Live Nation      
Consolidated Statements of Operations      
Revenue 16,681 6,268 1,861
Operating costs and expenses, including stock-based compensation:      
Direct operating expenses 12,337 4,356 1,402
Selling, general and administrative expenses 2,956 1,755 1,524
Depreciation and amortization 450 416 485
Other operating expenses 206 159 103
Total operating costs and expenses 15,949 6,686 3,514
Operating income (loss) 732 (418) (1,653)
Interest expense (278) (282) (227)
Other income (expense), net 51 89 23
Earnings (loss) before income taxes 505 (611) (1,857)
Income tax benefit (expense) (96) 2 29
Net earnings (loss) 409 (609) (1,828)
Less net earnings (loss) attributable to the noncontrolling interests 113 42 (103)
Net earnings (loss) attributable to Liberty stockholders $ 296 $ (651) $ (1,725)