Quarterly report pursuant to Section 13 or 15(d)

Information About Liberty's Operating Segments (Tables)

v3.24.3
Information About Liberty's Operating Segments (Tables)
9 Months Ended
Sep. 30, 2024
Information About Liberty's Operating Segments  
Schedule of revenue disaggregated by segment and by source

Three months ended

Nine months ended

September 30,

September 30,

    

2024

    

2023

    

2024

    

2023

 

amounts in millions

Formula One Group

Formula 1:

Primary

$

758

790

1,960

1,722

Other

103

97

325

270

Corporate and other

70

255

Intergroup elimination

(20)

(54)

Total Formula One Group

911

887

2,486

1,992

Braves Group

 

 

 

 

Corporate and other:

 

 

 

 

Baseball

 

NA

 

46

 

NA

 

318

Mixed-Use Development

 

NA

 

3

 

NA

 

32

Total Braves Group

NA

49

NA

350

Consolidated Liberty

$

911

936

 

2,486

 

2,342

Schedule of adjusted OIBDA

Three months ended

Nine months ended

September 30,

September 30,

    

2024

    

2023

    

2024

    

2023

 

amounts in millions

Formula One Group

 

 

Formula 1

$

221

 

215

 

589

 

487

Corporate and other

(14)

 

(18)

(15)

(44)

Total Formula One Group

207

 

197

574

443

Liberty Live Group

Corporate and other

 

(2)

 

(4)

 

(4)

 

(4)

Total Liberty Live Group

 

(2)

 

(4)

 

(4)

 

(4)

Braves Group

Corporate and other

 

NA

 

3

 

NA

 

14

Total Braves Group

 

NA

 

3

 

NA

 

14

Consolidated Liberty

$

205

 

196

 

570

 

453

Schedule of other information by segment

September 30, 2024

    

Total

    

Investments

 

assets

in affiliates

amounts in millions

Formula One Group

Formula 1

$

9,324

1

Corporate and other

 

2,798

 

34

Intergroup elimination

(142)

Total Formula One Group

11,980

35

Liberty Live Group

Corporate and other

1,255

448

Total Liberty Live Group

1,255

448

Elimination

(27)

Consolidated Liberty

$

13,208

 

483

Schedule Of reconciliation of adjusted OIBDA to operating income (loss) and earnings (loss) before income taxes

Three months ended

Nine months ended

September 30,

September 30,

    

2024

    

2023

    

2024

    

2023

 

amounts in millions

Adjusted OIBDA

$

205

 

196

 

570

 

453

Impairment and acquisition costs

(3)

(23)

(1)

Stock-based compensation

 

(7)

 

(6)

 

(27)

 

(22)

Depreciation and amortization

 

(88)

 

(89)

 

(263)

 

(291)

Operating income (loss)

107

101

257

139

Interest expense

 

(62)

 

(62)

 

(184)

 

(188)

Share of earnings (losses) of affiliates, net

 

116

 

143

 

175

 

228

Realized and unrealized gains (losses) on financial instruments, net

 

(55)

 

39

 

11

 

(45)

Unrealized gains (losses) on intergroup interests

 

(4)

 

 

(68)

Other, net

 

29

 

(19)

 

76

 

12

Earnings (loss) from continuing operations before income taxes

$

135

 

198

 

335

 

78