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, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net earnings (loss) $ 245 $ 52
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 241 260
Stock-based compensation 61 56
Non-cash impairment and restructuring costs 1 8
Share of (earnings) loss of affiliates, net 19 10
Realized and unrealized (gains) losses on financial instruments, net 3 46
Deferred income tax expense (benefit) (21) (6)
Other charges (credits), net 26 2
Changes in operating assets and liabilities    
Current and other assets (27) 65
Payables and other liabilities (153) 168
Net cash provided (used) by operating activities 395 661
Cash flows from investing activities:    
Investments in equity method affiliates and debt and equity securities (180) (169)
Cash proceeds from dispositions   34
Cash (paid) received for acquisitions, net of cash acquired (205)  
Capital expended for property and equipment, including internal-use software and website development (201) (281)
Other investing activities, net (64) 1
Net cash provided (used) by investing activities (650) (415)
Cash flows from financing activities:    
Borrowings of debt 230 1,479
Repayments of debt (277) (1,690)
Subsidiary shares repurchased by subsidiary   (62)
Cash dividends paid by subsidiary (17) (17)
Taxes paid in lieu of shares issued for stock-based compensation (24) (24)
Other financing activities, net 6 57
Net cash provided (used) by financing activities (82) (257)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash   2
Net increase (decrease) in cash, cash equivalents and restricted cash (337) (9)
Cash, cash equivalents and restricted cash at beginning of period 2,028 2,276
Cash, cash equivalents and restricted cash at end of period 1,691 2,267
Liberty SiriusXM Group    
Cash flows from operating activities:    
Net earnings (loss) 241 220
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 155 161
Stock-based compensation 48 48
Non-cash impairment and restructuring costs 1 8
Share of (earnings) loss of affiliates, net (5) 7
Unrealized (gains) losses on intergroup interests, net   (54)
Realized and unrealized (gains) losses on financial instruments, net (18) (2)
Deferred income tax expense (benefit) (12) 7
Intergroup tax allocation 29 31
Other charges (credits), net 24 4
Changes in operating assets and liabilities    
Current and other assets 66 46
Payables and other liabilities (265) (157)
Net cash provided (used) by operating activities 264 319
Cash flows from investing activities:    
Investments in equity method affiliates and debt and equity securities (179) (39)
Capital expended for property and equipment, including internal-use software and website development (174) (205)
Other investing activities, net (1) 2
Net cash provided (used) by investing activities (354) (242)
Cash flows from financing activities:    
Borrowings of debt 230 1,479
Repayments of debt (267) (1,633)
Settlement of intergroup interests   202
Subsidiary shares repurchased by subsidiary   (62)
Cash dividends paid by subsidiary (17) (17)
Taxes paid in lieu of shares issued for stock-based compensation (17) (15)
Other financing activities, net (2) 37
Net cash provided (used) by financing activities (73) (9)
Net increase (decrease) in cash, cash equivalents and restricted cash (163) 68
Cash, cash equivalents and restricted cash at beginning of period 315 370
Cash, cash equivalents and restricted cash at end of period 152 438
Formula One Group    
Cash flows from operating activities:    
Net earnings (loss) 77 (109)
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 86 84
Stock-based compensation 12 5
Share of (earnings) loss of affiliates, net 3 2
Unrealized (gains) losses on intergroup interests, net   41
Realized and unrealized (gains) losses on financial instruments, net (48) 47
Deferred income tax expense (benefit) 9 (5)
Intergroup tax allocation (27) (26)
Other charges (credits), net 2 (3)
Changes in operating assets and liabilities    
Current and other assets (90) (8)
Payables and other liabilities 116 229
Net cash provided (used) by operating activities 140 257
Cash flows from investing activities:    
Investments in equity method affiliates and debt and equity securities (1) (130)
Cash proceeds from dispositions   34
Cash (paid) received for acquisitions, net of cash acquired (205)  
Capital expended for property and equipment, including internal-use software and website development (27) (62)
Other investing activities, net (63) (1)
Net cash provided (used) by investing activities (296) (159)
Cash flows from financing activities:    
Repayments of debt (10) (53)
Settlement of intergroup interests   (202)
Taxes paid in lieu of shares issued for stock-based compensation (7) (8)
Other financing activities, net 6 14
Net cash provided (used) by financing activities (11) (249)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash   2
Net increase (decrease) in cash, cash equivalents and restricted cash (167) (149)
Cash, cash equivalents and restricted cash at beginning of period 1,408 1,733
Cash, cash equivalents and restricted cash at end of period 1,241 1,584
Liberty Live Group    
Cash flows from operating activities:    
Net earnings (loss) (73)  
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Stock-based compensation 1  
Share of (earnings) loss of affiliates, net 21  
Realized and unrealized (gains) losses on financial instruments, net 69  
Deferred income tax expense (benefit) (18)  
Intergroup tax allocation (2)  
Changes in operating assets and liabilities    
Current and other assets (3)  
Payables and other liabilities (4)  
Net cash provided (used) by operating activities (9)  
Cash flows from financing activities:    
Other financing activities, net 2  
Net cash provided (used) by financing activities 2  
Net increase (decrease) in cash, cash equivalents and restricted cash (7)  
Cash, cash equivalents and restricted cash at beginning of period 305  
Cash, cash equivalents and restricted cash at end of period $ 298  
Braves Group    
Cash flows from operating activities:    
Net earnings (loss)   (59)
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization   15
Stock-based compensation   3
Share of (earnings) loss of affiliates, net   1
Unrealized (gains) losses on intergroup interests, net   13
Realized and unrealized (gains) losses on financial instruments, net   1
Deferred income tax expense (benefit)   (8)
Intergroup tax allocation   (5)
Other charges (credits), net   1
Changes in operating assets and liabilities    
Current and other assets   27
Payables and other liabilities   96
Net cash provided (used) by operating activities   85
Cash flows from investing activities:    
Capital expended for property and equipment, including internal-use software and website development   (14)
Net cash provided (used) by investing activities   (14)
Cash flows from financing activities:    
Repayments of debt   (4)
Taxes paid in lieu of shares issued for stock-based compensation   (1)
Other financing activities, net   6
Net cash provided (used) by financing activities   1
Net increase (decrease) in cash, cash equivalents and restricted cash   72
Cash, cash equivalents and restricted cash at beginning of period   173
Cash, cash equivalents and restricted cash at end of period   $ 245