Quarterly report pursuant to Section 13 or 15(d)

Financial Information for Tracking Stock Groups - Statement of Operations (Details)

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Financial Information for Tracking Stock Groups - Statement of Operations (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue:    
Total revenue $ 2,749 $ 2,556
Operating costs and expenses, including stock-based compensation:    
Subscriber acquisition costs 90 90
Other operating expense 87 118
Selling, general and administrative 465 486
Depreciation and amortization 241 260
Impairment, restructuring and acquisition costs 22 32
Total operating costs and expenses 2,247 2,216
Operating income (loss) 502 340
Other income (expense):    
Interest expense (191) (196)
Share of earnings (losses) of affiliates, net (19) (10)
Realized and unrealized gains (losses) on financial instruments, net (3) (46)
Other, net 27 14
Total other income (expense) (186) (238)
Earnings (loss) before income taxes 316 102
Income tax benefit (expense) (71) (50)
Net earnings (loss) 245 52
Less net earnings (loss) attributable to the noncontrolling interests 42 37
Net earnings (loss) attributable to Liberty stockholders 203 15
Liberty SiriusXM Group    
Revenue:    
Total revenue 2,162 2,144
Operating costs and expenses, including stock-based compensation:    
Subscriber acquisition costs 90 90
Other operating expense 86 79
Selling, general and administrative 372 385
Depreciation and amortization 155 161
Impairment, restructuring and acquisition costs 13 32
Total operating costs and expenses 1,753 1,771
Operating income (loss) 409 373
Other income (expense):    
Interest expense (129) (136)
Share of earnings (losses) of affiliates, net 5 (7)
Realized and unrealized gains (losses) on financial instruments, net 18 2
Unrealized gains/( loss) on inter-group interests   54
Other, net 6 3
Total other income (expense) (100) (84)
Earnings (loss) before income taxes 309 289
Income tax benefit (expense) (68) (69)
Net earnings (loss) 241 220
Less net earnings (loss) attributable to the noncontrolling interests 42 37
Net earnings (loss) attributable to Liberty stockholders 199 183
Formula One Group    
Revenue:    
Total revenue 587 381
Operating costs and expenses, including stock-based compensation:    
Other operating expense 1  
Selling, general and administrative 91 75
Depreciation and amortization 86 84
Impairment, restructuring and acquisition costs 9  
Total operating costs and expenses 492 365
Operating income (loss) 95 16
Other income (expense):    
Interest expense (55) (51)
Share of earnings (losses) of affiliates, net (3) (2)
Realized and unrealized gains (losses) on financial instruments, net 48 (47)
Unrealized gains/( loss) on inter-group interests   (41)
Other, net 15 10
Total other income (expense) 5 (131)
Earnings (loss) before income taxes 100 (115)
Income tax benefit (expense) (23) 6
Net earnings (loss) 77 (109)
Net earnings (loss) attributable to Liberty stockholders 77 (109)
Liberty Live Group    
Operating costs and expenses, including stock-based compensation:    
Selling, general and administrative 2  
Total operating costs and expenses 2  
Operating income (loss) (2)  
Other income (expense):    
Interest expense (7)  
Share of earnings (losses) of affiliates, net (21)  
Realized and unrealized gains (losses) on financial instruments, net (69)  
Other, net 6  
Total other income (expense) (91)  
Earnings (loss) before income taxes (93)  
Income tax benefit (expense) 20  
Net earnings (loss) (73)  
Net earnings (loss) attributable to Liberty stockholders (73)  
Braves Group    
Revenue:    
Total revenue   31
Operating costs and expenses, including stock-based compensation:    
Other operating expense   39
Selling, general and administrative   26
Depreciation and amortization   15
Total operating costs and expenses   80
Operating income (loss)   (49)
Other income (expense):    
Interest expense   (9)
Share of earnings (losses) of affiliates, net   (1)
Realized and unrealized gains (losses) on financial instruments, net   (1)
Unrealized gains/( loss) on inter-group interests   (13)
Other, net   1
Total other income (expense)   (23)
Earnings (loss) before income taxes   (72)
Income tax benefit (expense)   13
Net earnings (loss)   (59)
Net earnings (loss) attributable to Liberty stockholders   (59)
Sirius XM Holdings Revenue    
Revenue:    
Total revenue 2,162 2,144
Sirius XM Holdings Revenue | Liberty SiriusXM Group    
Revenue:    
Total revenue 2,162 2,144
Revenue share and royalties    
Operating costs and expenses, including stock-based compensation:    
Cost of services 703 700
Revenue share and royalties | Liberty SiriusXM Group    
Operating costs and expenses, including stock-based compensation:    
Cost of services 703 700
Programming and content    
Operating costs and expenses, including stock-based compensation:    
Cost of services 157 150
Programming and content | Liberty SiriusXM Group    
Operating costs and expenses, including stock-based compensation:    
Cost of services 157 150
Customer service and billing    
Operating costs and expenses, including stock-based compensation:    
Cost of services 116 122
Customer service and billing | Liberty SiriusXM Group    
Operating costs and expenses, including stock-based compensation:    
Cost of services 116 122
Other cost of subscriber services    
Operating costs and expenses, including stock-based compensation:    
Cost of services 61 52
Other cost of subscriber services | Liberty SiriusXM Group    
Operating costs and expenses, including stock-based compensation:    
Cost of services 61 52
Formula 1    
Revenue:    
Total revenue 550 381
Operating costs and expenses, including stock-based compensation:    
Cost of services 279 206
Formula 1 | Formula One Group    
Revenue:    
Total revenue 550 381
Operating costs and expenses, including stock-based compensation:    
Cost of services 279 206
Other    
Revenue:    
Total revenue 37 31
Operating costs and expenses, including stock-based compensation:    
Cost of services 26  
Other | Formula One Group    
Revenue:    
Total revenue 37  
Operating costs and expenses, including stock-based compensation:    
Cost of services $ 26  
Other | Braves Group    
Revenue:    
Total revenue   $ 31