Financial Information for Tracking Stock Groups (Tables)
|
9 Months Ended |
Sep. 30, 2024 |
|---|
| Financial Information for Tracking Stock Groups |
|
| Condensed Balance Sheets |
BALANCE SHEET INFORMATION
September 30, 2024
(unaudited)
|
|
|
|
|
|
|
|
|
|
|
|
|
Attributed (note 1) |
|
|
|
|
|
|
|
|
|
|
Liberty |
|
|
|
|
|
|
|
Formula One |
|
Live |
|
Inter-Group |
|
Consolidated |
|
|
|
Group |
|
Group |
|
Eliminations |
|
Liberty |
|
|
|
|
amounts in millions |
|
Assets |
|
|
|
|
|
|
|
|
|
|
Current assets: |
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
|
$ |
2,666 |
|
388 |
|
— |
|
3,054 |
|
Trade and other receivables, net |
|
|
122 |
|
— |
|
— |
|
122 |
|
Other current assets |
|
|
503 |
|
— |
|
— |
|
503 |
|
Total current assets |
|
|
3,291 |
|
388 |
|
— |
|
3,679 |
|
Investments in affiliates, accounted for using the equity method (note 1) |
|
|
35 |
|
448 |
|
— |
|
483 |
|
|
|
|
|
|
|
|
|
|
|
|
Property and equipment, at cost |
|
|
1,010 |
|
— |
|
— |
|
1,010 |
|
Accumulated depreciation |
|
|
(183) |
|
— |
|
— |
|
(183) |
|
|
|
|
827 |
|
— |
|
— |
|
827 |
|
|
|
|
|
|
|
|
|
|
|
|
Goodwill |
|
|
4,192 |
|
— |
|
— |
|
4,192 |
|
Intangible assets subject to amortization, net |
|
|
2,757 |
|
— |
|
— |
|
2,757 |
|
Other assets |
|
|
878 |
|
419 |
|
(27) |
|
1,270 |
|
Total assets |
|
$ |
11,980 |
|
1,255 |
|
(27) |
|
13,208 |
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities and Equity |
|
|
|
|
|
|
|
|
|
|
Current liabilities: |
|
|
|
|
|
|
|
|
|
|
Accounts payable and accrued liabilities |
|
$ |
404 |
|
— |
|
— |
|
404 |
|
Current portion of debt |
|
|
21 |
|
55 |
|
— |
|
76 |
|
Deferred revenue |
|
|
756 |
|
— |
|
— |
|
756 |
|
Other current liabilities |
|
|
37 |
|
— |
|
— |
|
37 |
|
Total current liabilities |
|
|
1,218 |
|
55 |
|
— |
|
1,273 |
|
Long-term debt (note 1) |
|
|
2,907 |
|
1,382 |
|
— |
|
4,289 |
|
Deferred income tax liabilities |
|
|
27 |
|
— |
|
(27) |
|
— |
|
Other liabilities |
|
|
186 |
|
1 |
|
— |
|
187 |
|
Total liabilities |
|
|
4,338 |
|
1,438 |
|
(27) |
|
5,749 |
|
Equity / Attributed net assets |
|
|
7,642 |
|
(206) |
|
— |
|
7,436 |
|
Noncontrolling interests in equity of subsidiaries |
|
|
— |
|
23 |
|
— |
|
23 |
|
Total liabilities and equity |
|
$ |
11,980 |
|
1,255 |
|
(27) |
|
13,208 |
|
|
| Condensed Statement of Operations |
STATEMENT OF OPERATIONS INFORMATION
Three months ended September 30, 2024
(unaudited)
|
|
|
|
|
|
|
|
|
|
|
|
|
Attributed (note 1) |
|
|
|
|
|
|
|
|
Liberty |
|
Liberty |
|
|
|
|
|
Formula One |
|
Live |
|
SiriusXM |
|
Consolidated |
|
|
|
Group |
|
Group |
|
Group |
|
Liberty |
|
|
|
|
amounts in millions |
|
Revenue: |
|
|
|
|
|
|
|
|
|
|
Formula 1 revenue |
|
$ |
848 |
|
— |
|
— |
|
848 |
|
Other revenue |
|
|
63 |
|
— |
|
— |
|
63 |
|
Total revenue |
|
|
911 |
|
— |
|
— |
|
911 |
|
Operating costs and expenses: |
|
|
|
|
|
|
|
|
|
|
Cost of Formula 1 revenue (exclusive of depreciation shown separately below) |
|
|
554 |
|
— |
|
— |
|
554 |
|
Other cost of sales |
|
|
41 |
|
— |
|
— |
|
41 |
|
Other operating expenses |
|
|
2 |
|
— |
|
— |
|
2 |
|
Selling, general and administrative, including stock-based compensation (note 2) |
|
|
113 |
|
3 |
|
— |
|
116 |
|
Impairment and acquisition costs |
|
|
3 |
|
— |
|
— |
|
3 |
|
Depreciation and amortization |
|
|
88 |
|
— |
|
— |
|
88 |
|
|
|
|
801 |
|
3 |
|
— |
|
804 |
|
Operating income (loss) |
|
|
110 |
|
(3) |
|
— |
|
107 |
|
Other income (expense): |
|
|
|
|
|
|
|
|
|
|
Interest expense |
|
|
(54) |
|
(8) |
|
— |
|
(62) |
|
Share of earnings (losses) of affiliates, net |
|
|
(1) |
|
117 |
|
— |
|
116 |
|
Realized and unrealized gains (losses) on financial instruments, net |
|
|
39 |
|
(94) |
|
— |
|
(55) |
|
Other, net |
|
|
21 |
|
8 |
|
— |
|
29 |
|
|
|
|
5 |
|
23 |
|
— |
|
28 |
|
Earnings (loss) from continuing operations before income taxes |
|
|
115 |
|
20 |
|
— |
|
135 |
|
Income tax (expense) benefit |
|
|
2 |
|
(5) |
|
— |
|
(3) |
|
Net earnings (loss) from continuing operations |
|
|
117 |
|
15 |
|
— |
|
132 |
|
Net earnings (loss) from discontinued operations |
|
|
— |
|
— |
|
(3,002) |
|
(3,002) |
|
Net earnings (loss) |
|
|
117 |
|
15 |
|
(3,002) |
|
(2,870) |
|
Less net earnings (loss) attributable to the noncontrolling interests |
|
|
— |
|
— |
|
(502) |
|
(502) |
|
Net earnings (loss) attributable to Liberty stockholders |
|
$ |
117 |
|
15 |
|
(2,500) |
|
(2,368) |
|
STATEMENT OF OPERATIONS INFORMATION
Nine months ended September 30, 2024
(unaudited)
|
|
|
|
|
|
|
|
|
|
|
|
|
Attributed (note 1) |
|
|
|
|
|
|
|
Liberty |
|
Liberty |
|
|
|
|
|
Formula One |
|
Live |
|
SiriusXM |
|
Consolidated |
|
|
|
Group |
|
Group |
|
Group |
|
Liberty |
|
|
|
|
amounts in millions |
|
Revenue: |
|
|
|
|
|
|
|
|
|
|
Formula 1 revenue |
|
$ |
2,251 |
|
— |
|
— |
|
2,251 |
|
Other revenue |
|
|
235 |
|
— |
|
— |
|
235 |
|
Total revenue |
|
|
2,486 |
|
— |
|
— |
|
2,486 |
|
Operating costs and expenses: |
|
|
|
|
|
|
|
|
|
|
Cost of Formula 1 revenue (exclusive of depreciation shown separately below) |
|
|
1,472 |
|
— |
|
— |
|
1,472 |
|
Other cost of sales |
|
|
161 |
|
— |
|
— |
|
161 |
|
Other operating expenses |
|
|
8 |
|
— |
|
— |
|
8 |
|
Selling, general and administrative, including stock-based compensation (note 2) |
|
|
295 |
|
7 |
|
— |
|
302 |
|
Impairment and acquisition costs |
|
|
23 |
|
— |
|
— |
|
23 |
|
Depreciation and amortization |
|
|
263 |
|
— |
|
— |
|
263 |
|
|
|
|
2,222 |
|
7 |
|
— |
|
2,229 |
|
Operating income (loss) |
|
|
264 |
|
(7) |
|
— |
|
257 |
|
Other income (expense): |
|
|
|
|
|
|
|
|
|
|
Interest expense |
|
|
(162) |
|
(22) |
|
— |
|
(184) |
|
Share of earnings (losses) of affiliates, net |
|
|
(6) |
|
181 |
|
— |
|
175 |
|
Realized and unrealized gains (losses) on financial instruments, net |
|
|
86 |
|
(75) |
|
— |
|
11 |
|
Other, net |
|
|
56 |
|
20 |
|
— |
|
76 |
|
|
|
|
(26) |
|
104 |
|
— |
|
78 |
|
Earnings (loss) from continuing operations before income taxes |
|
|
238 |
|
97 |
|
— |
|
335 |
|
Income tax (expense) benefit |
|
|
(20) |
|
(21) |
|
— |
|
(41) |
|
Net earnings (loss) from continuing operations |
|
|
218 |
|
76 |
|
— |
|
294 |
|
Net earnings (loss) from discontinued operations |
|
|
— |
|
— |
|
(2,412) |
|
(2,412) |
|
Net earnings (loss) |
|
|
218 |
|
76 |
|
(2,412) |
|
(2,118) |
|
Less net earnings (loss) attributable to the noncontrolling interests |
|
|
— |
|
— |
|
(410) |
|
(410) |
|
Net earnings (loss) attributable to Liberty stockholders |
|
$ |
218 |
|
76 |
|
(2,002) |
|
(1,708) |
|
STATEMENT OF OPERATIONS INFORMATION
Three months ended September 30, 2023
(unaudited)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Attributed (note 1) |
|
|
|
|
|
|
|
|
Liberty |
|
Liberty |
|
|
|
|
|
|
|
Formula One |
|
Live |
|
SiriusXM |
|
Braves |
|
Consolidated |
|
|
|
Group |
|
Group |
|
Group |
|
Group |
|
Liberty |
|
|
|
|
amounts in millions |
|
Revenue: |
|
|
|
|
|
|
|
|
|
|
|
|
Formula 1 revenue |
|
$ |
887 |
|
— |
|
— |
|
— |
|
887 |
|
Other revenue |
|
|
— |
|
— |
|
— |
|
49 |
|
49 |
|
Total revenue |
|
|
887 |
|
— |
|
— |
|
49 |
|
936 |
|
Operating costs and expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
Cost of Formula 1 revenue (exclusive of depreciation shown separately below) |
|
|
615 |
|
— |
|
— |
|
— |
|
615 |
|
Other operating expenses |
|
|
— |
|
— |
|
— |
|
38 |
|
38 |
|
Selling, general and administrative, including stock-based compensation (note 2) |
|
|
79 |
|
5 |
|
— |
|
9 |
|
93 |
|
Depreciation and amortization |
|
|
86 |
|
— |
|
— |
|
3 |
|
89 |
|
|
|
|
780 |
|
5 |
|
— |
|
50 |
|
835 |
|
Operating income (loss) |
|
|
107 |
|
(5) |
|
— |
|
(1) |
|
101 |
|
Other income (expense): |
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense |
|
|
(56) |
|
(2) |
|
(1) |
|
(3) |
|
(62) |
|
Share of earnings (losses) of affiliates, net |
|
|
2 |
|
90 |
|
50 |
|
1 |
|
143 |
|
Realized and unrealized gains (losses) on financial instruments, net |
|
|
66 |
|
(72) |
|
45 |
|
— |
|
39 |
|
Unrealized gains (losses) on intergroup interests (note 1) |
|
|
16 |
|
— |
|
— |
|
(20) |
|
(4) |
|
Other, net |
|
|
14 |
|
(35) |
|
1 |
|
1 |
|
(19) |
|
|
|
|
42 |
|
(19) |
|
95 |
|
(21) |
|
97 |
|
Earnings (loss) from continuing operations before income taxes |
|
|
149 |
|
(24) |
|
95 |
|
(22) |
|
198 |
|
Income tax (expense) benefit |
|
|
(31) |
|
5 |
|
(21) |
|
1 |
|
(46) |
|
Net earnings (loss) from continuing operations |
|
|
118 |
|
(19) |
|
74 |
|
(21) |
|
152 |
|
Net earnings (loss) from discontinued operations |
|
|
— |
|
— |
|
291 |
|
— |
|
291 |
|
Net earnings (loss) |
|
|
118 |
|
(19) |
|
365 |
|
(21) |
|
443 |
|
Less net earnings (loss) attributable to the noncontrolling interests |
|
|
— |
|
— |
|
58 |
|
— |
|
58 |
|
Net earnings (loss) attributable to Liberty stockholders |
|
$ |
118 |
|
(19) |
|
307 |
|
(21) |
|
385 |
|
STATEMENT OF OPERATIONS INFORMATION
Nine months ended September 30, 2023
(unaudited)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Attributed (note 1) |
|
|
|
|
|
|
|
|
Liberty |
|
Liberty |
|
|
|
|
|
|
|
Formula One |
|
Live |
|
SiriusXM |
|
Braves |
|
Consolidated |
|
|
|
Group |
|
Group |
|
Group |
|
Group |
|
Liberty |
|
|
|
|
amounts in millions |
|
Revenue: |
|
|
|
|
|
|
|
|
|
|
|
|
Formula 1 revenue |
|
$ |
1,992 |
|
— |
|
— |
|
— |
|
1,992 |
|
Other revenue |
|
|
— |
|
— |
|
— |
|
350 |
|
350 |
|
Total revenue |
|
|
1,992 |
|
— |
|
— |
|
350 |
|
2,342 |
|
Operating costs and expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
Cost of Formula 1 revenue (exclusive of depreciation shown separately below) |
|
|
1,340 |
|
— |
|
— |
|
— |
|
1,340 |
|
Other operating expenses |
|
|
— |
|
— |
|
— |
|
274 |
|
274 |
|
Selling, general and administrative, including stock-based compensation (note 2) |
|
|
223 |
|
5 |
|
— |
|
69 |
|
297 |
|
Impairment and acquisition costs |
|
|
— |
|
— |
|
— |
|
1 |
|
1 |
|
Depreciation and amortization |
|
|
254 |
|
— |
|
— |
|
37 |
|
291 |
|
|
|
|
1,817 |
|
5 |
|
— |
|
381 |
|
2,203 |
|
Operating income (loss) |
|
|
175 |
|
(5) |
|
— |
|
(31) |
|
139 |
|
Other income (expense): |
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense |
|
|
(161) |
|
(2) |
|
(4) |
|
(21) |
|
(188) |
|
Share of earnings (losses) of affiliates, net |
|
|
(1) |
|
90 |
|
127 |
|
12 |
|
228 |
|
Realized and unrealized gains (losses) on financial instruments, net |
|
|
83 |
|
(72) |
|
(59) |
|
3 |
|
(45) |
|
Unrealized gains (losses) on intergroup interests (note 1) |
|
|
15 |
|
— |
|
— |
|
(83) |
|
(68) |
|
Other, net |
|
|
48 |
|
(35) |
|
(6) |
|
5 |
|
12 |
|
|
|
|
(16) |
|
(19) |
|
58 |
|
(84) |
|
(61) |
|
Earnings (loss) from continuing operations before income taxes |
|
|
159 |
|
(24) |
|
58 |
|
(115) |
|
78 |
|
Income tax (expense) benefit |
|
|
(35) |
|
5 |
|
(13) |
|
6 |
|
(37) |
|
Net earnings (loss) from continuing operations |
|
|
124 |
|
(19) |
|
45 |
|
(109) |
|
41 |
|
Net earnings (loss) from discontinued operations |
|
|
— |
|
— |
|
757 |
|
— |
|
757 |
|
Net earnings (loss) |
|
|
124 |
|
(19) |
|
802 |
|
(109) |
|
798 |
|
Less net earnings (loss) attributable to the noncontrolling interests |
|
|
(1) |
|
— |
|
146 |
|
— |
|
145 |
|
Net earnings (loss) attributable to Liberty stockholders |
|
$ |
125 |
|
(19) |
|
656 |
|
(109) |
|
653 |
|
|
| Condensed Statement of Cash Flows |
STATEMENT OF CASH FLOWS INFORMATION
Nine months ended September 30, 2024
(unaudited)
|
|
|
|
|
|
|
|
|
|
|
|
|
Attributed (note 1) |
|
|
|
|
|
|
|
|
Liberty |
|
Liberty |
|
|
|
|
|
Formula One |
|
Live |
|
SiriusXM |
|
Consolidated |
|
|
|
Group |
|
Group |
|
Group |
|
Liberty |
|
|
|
|
amounts in millions |
|
Cash flows from operating activities: |
|
|
|
|
|
|
|
|
|
|
Net earnings (loss) |
|
$ |
218 |
|
76 |
|
(2,412) |
|
(2,118) |
|
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities: |
|
|
|
|
|
|
|
|
|
|
Net (earnings) loss from discontinued operations |
|
|
— |
|
— |
|
2,412 |
|
2,412 |
|
Depreciation and amortization |
|
|
263 |
|
— |
|
— |
|
263 |
|
Stock-based compensation |
|
|
24 |
|
3 |
|
— |
|
27 |
|
Share of (earnings) loss of affiliates, net |
|
|
6 |
|
(181) |
|
— |
|
(175) |
|
Realized and unrealized (gains) losses on financial instruments, net |
|
|
(86) |
|
75 |
|
— |
|
(11) |
|
Deferred income tax expense (benefit) |
|
|
22 |
|
22 |
|
— |
|
44 |
|
Intergroup tax allocation |
|
|
(97) |
|
(1) |
|
— |
|
(98) |
|
Intergroup tax (payments) receipts |
|
|
128 |
|
3 |
|
— |
|
131 |
|
Other, net |
|
|
25 |
|
(4) |
|
— |
|
21 |
|
Changes in operating assets and liabilities |
|
|
|
|
|
|
|
|
|
|
Current and other assets |
|
|
(71) |
|
— |
|
— |
|
(71) |
|
Payables and other liabilities |
|
|
155 |
|
(4) |
|
— |
|
151 |
|
Net cash provided (used) by operating activities |
|
|
587 |
|
(11) |
|
— |
|
576 |
|
Cash flows from investing activities: |
|
|
|
|
|
|
|
|
|
|
Investments in equity method affiliates and debt and equity securities |
|
|
(7) |
|
(3) |
|
— |
|
(10) |
|
Cash proceeds from dispositions |
|
|
— |
|
107 |
|
— |
|
107 |
|
Cash (paid) received for acquisitions, net of cash acquired |
|
|
(205) |
|
— |
|
— |
|
(205) |
|
Capital expended for property and equipment, including internal-use software and website development |
|
|
(52) |
|
— |
|
— |
|
(52) |
|
Other investing activities, net |
|
|
(13) |
|
1 |
|
— |
|
(12) |
|
Net cash provided (used) by investing activities |
|
|
(277) |
|
105 |
|
— |
|
(172) |
|
Cash flows from financing activities: |
|
|
|
|
|
|
|
|
|
|
Borrowings of debt |
|
|
644 |
|
— |
|
— |
|
644 |
|
Repayments of debt |
|
|
(671) |
|
(12) |
|
— |
|
(683) |
|
Issuance of Series C Liberty Formula One common stock |
|
|
939 |
|
— |
|
— |
|
939 |
|
Other financing activities, net |
|
|
42 |
|
1 |
|
— |
|
43 |
|
Net cash provided (used) by financing activities |
|
|
954 |
|
(11) |
|
— |
|
943 |
|
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash |
|
|
1 |
|
— |
|
— |
|
1 |
|
Net cash provided (used) by discontinued operations: |
|
|
|
|
|
|
|
|
|
|
Cash provided (used) by operating activities |
|
|
— |
|
— |
|
879 |
|
879 |
|
Cash provided (used) by investing activities |
|
|
— |
|
— |
|
(709) |
|
(709) |
|
Cash provided (used) by financing activities |
|
|
— |
|
— |
|
(485) |
|
(485) |
|
Net cash provided (used) by discontinued operations |
|
|
— |
|
— |
|
(315) |
|
(315) |
|
Net increase (decrease) in cash, cash equivalents and restricted cash |
|
|
1,265 |
|
83 |
|
(315) |
|
1,033 |
|
Cash, cash equivalents and restricted cash at beginning of period |
|
|
1,408 |
|
305 |
|
315 |
|
2,028 |
|
Cash, cash equivalents and restricted cash at end of period |
|
$ |
2,673 |
|
388 |
|
— |
|
3,061 |
|
STATEMENT OF CASH FLOWS INFORMATION
Nine months ended September 30, 2023
(unaudited)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Attributed (note 1) |
|
|
|
|
|
|
|
|
Liberty |
|
Liberty |
|
|
|
|
|
|
|
Formula One |
|
Live |
|
SiriusXM |
|
Braves |
|
Consolidated |
|
|
|
Group |
|
Group |
|
Group |
|
Group |
|
Liberty |
|
|
|
|
amounts in millions |
|
Cash flows from operating activities: |
|
|
|
|
|
|
|
|
|
|
|
|
Net earnings (loss) |
|
$ |
124 |
|
(19) |
|
802 |
|
(109) |
|
798 |
|
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities: |
|
|
|
|
|
|
|
|
|
|
|
|
Net (earnings) loss from discontinued operations |
|
|
— |
|
— |
|
(757) |
|
— |
|
(757) |
|
Depreciation and amortization |
|
|
254 |
|
— |
|
— |
|
37 |
|
291 |
|
Stock-based compensation |
|
|
14 |
|
1 |
|
— |
|
7 |
|
22 |
|
Share of (earnings) loss of affiliates, net |
|
|
1 |
|
(90) |
|
(127) |
|
(12) |
|
(228) |
|
Realized and unrealized (gains) losses on financial instruments, net |
|
|
(83) |
|
72 |
|
59 |
|
(3) |
|
45 |
|
Unrealized (gains) losses on intergroup interests, net |
|
|
(15) |
|
— |
|
— |
|
83 |
|
68 |
|
Deferred income tax expense (benefit) |
|
|
19 |
|
(4) |
|
14 |
|
(5) |
|
24 |
|
Intergroup tax allocation |
|
|
(135) |
|
(1) |
|
(1) |
|
— |
|
(137) |
|
Intergroup tax (payments) receipts |
|
|
91 |
|
— |
|
— |
|
(1) |
|
90 |
|
Other, net |
|
|
6 |
|
34 |
|
6 |
|
4 |
|
50 |
|
Changes in operating assets and liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
Current and other assets |
|
|
(122) |
|
(10) |
|
— |
|
(34) |
|
(166) |
|
Payables and other liabilities |
|
|
400 |
|
14 |
|
1 |
|
65 |
|
480 |
|
Net cash provided (used) by operating activities |
|
|
554 |
|
(3) |
|
(3) |
|
32 |
|
580 |
|
Cash flows from investing activities: |
|
|
|
|
|
|
|
|
|
|
|
|
Investments in equity method affiliates and debt and equity securities |
|
|
(173) |
|
— |
|
— |
|
— |
|
(173) |
|
Cash proceeds from dispositions |
|
|
110 |
|
1 |
|
— |
|
— |
|
111 |
|
Capital expended for property and equipment, including internal-use software and website development |
|
|
(308) |
|
— |
|
— |
|
(35) |
|
(343) |
|
Other investing activities, net |
|
|
(20) |
|
— |
|
— |
|
— |
|
(20) |
|
Net cash provided (used) by investing activities |
|
|
(391) |
|
1 |
|
— |
|
(35) |
|
(425) |
|
Cash flows from financing activities: |
|
|
|
|
|
|
|
|
|
|
|
|
Borrowings of debt |
|
|
— |
|
1,135 |
|
— |
|
30 |
|
1,165 |
|
Repayments of debt |
|
|
(64) |
|
(918) |
|
— |
|
(20) |
|
(1,002) |
|
Settlement of intergroup interests |
|
|
(273) |
|
— |
|
— |
|
— |
|
(273) |
|
Atlanta Braves Holdings, Inc. Split-Off |
|
|
— |
|
— |
|
— |
|
(188) |
|
(188) |
|
Reclassification |
|
|
(100) |
|
100 |
|
— |
|
— |
|
— |
|
Other financing activities, net |
|
|
11 |
|
— |
|
3 |
|
8 |
|
22 |
|
Net cash provided (used) by financing activities |
|
|
(426) |
|
317 |
|
3 |
|
(170) |
|
(276) |
|
Net cash provided (used) by discontinued operations: |
|
|
|
|
|
|
|
|
|
|
|
|
Cash provided (used) by operating activities |
|
|
— |
|
— |
|
1,301 |
|
— |
|
1,301 |
|
Cash provided (used) by investing activities |
|
|
— |
|
— |
|
(565) |
|
— |
|
(565) |
|
Cash provided (used) by financing activities |
|
|
— |
|
— |
|
(771) |
|
— |
|
(771) |
|
Net cash provided (used) by discontinued operations |
|
|
— |
|
— |
|
(35) |
|
— |
|
(35) |
|
Net increase (decrease) in cash, cash equivalents and restricted cash |
|
|
(263) |
|
315 |
|
(35) |
|
(173) |
|
(156) |
|
Cash, cash equivalents and restricted cash at beginning of period |
|
|
1,733 |
|
NA |
|
370 |
|
173 |
|
2,276 |
|
Cash, cash equivalents and restricted cash at end of period |
|
$ |
1,470 |
|
315 |
|
335 |
|
— |
|
2,120 |
|
|