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, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net earnings (loss) $ 52 $ 296
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 260 260
Stock-based compensation 56 55
Non-cash impairment and restructuring costs 8  
Share of (earnings) loss of affiliates, net 10 14
Realized and unrealized (gains) losses on financial instruments, net 46 (59)
Deferred income tax expense (benefit) (6) 55
Other charges (credits), net 2 (33)
Changes in operating assets and liabilities    
Current and other assets 65 (114)
Payables and other liabilities 168 77
Net cash provided (used) by operating activities 661 551
Cash flows from investing activities:    
Investments in equity method affiliates and debt and equity securities (169) (9)
Cash proceeds from dispositions of investments 34 97
Capital expended for property and equipment, including internal-use software and website development (281) (111)
Other investing activities, net 1 34
Net cash provided (used) by investing activities (415) 11
Cash flows from financing activities:    
Borrowings of debt 1,479 1,755
Repayments of debt (1,690) (1,242)
Liberty stock repurchases   (239)
Subsidiary shares repurchased by subsidiary (62) (206)
Cash dividends paid by subsidiary (17) (201)
Taxes paid in lieu of shares issued for stock-based compensation (24) (35)
Other financing activities, net 57 4
Net cash provided (used) by financing activities (257) (164)
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 (9) 396
Cash, cash equivalents and restricted cash at beginning of period 2,276 2,924
Cash, cash equivalents and restricted cash at end of period 2,267 3,320
Liberty SiriusXM Group    
Cash flows from operating activities:    
Net earnings (loss) 220 344
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 161 152
Stock-based compensation 48 49
Non-cash impairment and restructuring costs 8  
Share of (earnings) loss of affiliates, net 7 18
Unrealized (gains) losses on intergroup interests, net (54) (20)
Realized and unrealized (gains) losses on financial instruments, net (2) (61)
Deferred income tax expense (benefit) 7 39
Intergroup tax allocation 31 42
Other charges (credits), net 4 (11)
Changes in operating assets and liabilities    
Current and other assets 46 21
Payables and other liabilities (157) (238)
Net cash provided (used) by operating activities 319 335
Cash flows from investing activities:    
Investments in equity method affiliates and debt and equity securities (39) (1)
Cash proceeds from dispositions of investments   50
Capital expended for property and equipment, including internal-use software and website development (205) (97)
Other investing activities, net 2 (42)
Net cash provided (used) by investing activities (242) (90)
Cash flows from financing activities:    
Borrowings of debt 1,479 1,740
Repayments of debt (1,633) (1,204)
Intergroup loan (repayment) borrowing 202  
Liberty stock repurchases   (202)
Subsidiary shares repurchased by subsidiary (62) (206)
Cash dividends paid by subsidiary (17) (201)
Taxes paid in lieu of shares issued for stock-based compensation (15) (61)
Other financing activities, net 37 1
Net cash provided (used) by financing activities (9) (133)
Net increase (decrease) in cash, cash equivalents and restricted cash 68 112
Cash, cash equivalents and restricted cash at beginning of period 370 606
Cash, cash equivalents and restricted cash at end of period 438 718
Braves Group    
Cash flows from operating activities:    
Net earnings (loss) (59) (13)
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 15 18
Stock-based compensation 3 3
Share of (earnings) loss of affiliates, net 1 (4)
Unrealized (gains) losses on intergroup interests, net 13 (1)
Realized and unrealized (gains) losses on financial instruments, net 1 (5)
Deferred income tax expense (benefit) (8) (10)
Intergroup tax allocation (5) 7
Other charges (credits), net 1 (20)
Changes in operating assets and liabilities    
Current and other assets 27 23
Payables and other liabilities 96 83
Net cash provided (used) by operating activities 85 81
Cash flows from investing activities:    
Investments in equity method affiliates and debt and equity securities   (5)
Cash proceeds from dispositions of investments   47
Capital expended for property and equipment, including internal-use software and website development (14) (4)
Net cash provided (used) by investing activities (14) 38
Cash flows from financing activities:    
Borrowings of debt   15
Repayments of debt (4) (37)
Taxes paid in lieu of shares issued for stock-based compensation (1)  
Other financing activities, net 6 (4)
Net cash provided (used) by financing activities 1 (26)
Net increase (decrease) in cash, cash equivalents and restricted cash 72 93
Cash, cash equivalents and restricted cash at beginning of period 173 244
Cash, cash equivalents and restricted cash at end of period 245 337
Formula One Group    
Cash flows from operating activities:    
Net earnings (loss) (109) (35)
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 84 90
Stock-based compensation 5 3
Share of (earnings) loss of affiliates, net 2  
Unrealized (gains) losses on intergroup interests, net 41 21
Realized and unrealized (gains) losses on financial instruments, net 47 7
Deferred income tax expense (benefit) (5) 26
Intergroup tax allocation (26) (49)
Other charges (credits), net (3) (2)
Changes in operating assets and liabilities    
Current and other assets (8) (158)
Payables and other liabilities 229 232
Net cash provided (used) by operating activities 257 135
Cash flows from investing activities:    
Investments in equity method affiliates and debt and equity securities (130) (3)
Cash proceeds from dispositions of investments 34  
Capital expended for property and equipment, including internal-use software and website development (62) (10)
Other investing activities, net (1) 76
Net cash provided (used) by investing activities (159) 63
Cash flows from financing activities:    
Repayments of debt (53) (1)
Intergroup loan (repayment) borrowing (202)  
Liberty stock repurchases   (37)
Taxes paid in lieu of shares issued for stock-based compensation (8) 26
Other financing activities, net 14 7
Net cash provided (used) by financing activities (249) (5)
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 (149) 191
Cash, cash equivalents and restricted cash at beginning of period 1,733 2,074
Cash, cash equivalents and restricted cash at end of period $ 1,584 $ 2,265