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

Summary of Significant Accounting Policies - Property and Equipment (Details)

v3.24.0.1

Summary of Significant Accounting Policies - Property and Equipment (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment, Gross	$ 4,078	$ 4,481
Depreciation	270	262	$ 270
Interest costs capitalized	16	5
Liberty SiriusXM Group
Property, Plant and Equipment, Gross	3,105	2,957
Braves Group
Property, Plant and Equipment, Gross		1,008
Formula One Group
Property, Plant and Equipment, Gross	973	516
Land
Property, Plant and Equipment, Gross	304	390
Building improvements
Property, Plant and Equipment, Gross	706	972
Support equipment
Property, Plant and Equipment, Gross	$ 744	864
Satellite system
Property, Plant and Equipment, Useful Life	15 years
Property, Plant and Equipment, Gross	$ 1,799	1,944
Construction in Progress
Property, Plant and Equipment, Gross	$ 525	$ 311
Minimum \| Building improvements
Property, Plant and Equipment, Useful Life	10 years
Minimum \| Support equipment
Property, Plant and Equipment, Useful Life	3 years
Maximum \| Building improvements
Property, Plant and Equipment, Useful Life	40 years
Maximum \| Support equipment
Property, Plant and Equipment, Useful Life	20 years

- Definition

The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.

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- Definition

Amount of interest capitalized during the period.

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- Definition

Amount, before accumulated depreciation and amortization, of property, plant, and equipment and finance lease right-of-use asset.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition

Useful life of long lived, physical assets used in the normal conduct of business and not intended for resale, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Examples include, but not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

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