Quarterly report pursuant to Section 13 or 15(d)

Investments In Affiliates Accounted For Using The Equity Method - Live Nation - Consolidated Statements of Operations (Details)

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Investments In Affiliates Accounted For Using The Equity Method - Live Nation - Consolidated Statements of Operations (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Condensed Consolidated Statements of Operations        
Revenue $ 911 $ 936 $ 2,486 $ 2,342
Operating expenses:        
Selling, general and administrative expenses 116 93 302 297
Depreciation and amortization 88 89 263 291
Other operating expense 2 38 8 274
Total operating costs and expenses 804 835 2,229 2,203
Operating income (loss) 107 101 257 139
Interest expense (62) (62) (184) (188)
Other income (expense), net 28 97 78 (61)
Earnings (loss) from continuing operations before income taxes 135 198 335 78
Income tax benefit (expense) (3) (46) (41) (37)
Net earnings (loss) (2,870) 443 (2,118) 798
Net earnings (loss) attributable to Liberty stockholders (2,368) 385 (1,708) 653
Live Nation        
Condensed Consolidated Statements of Operations        
Revenue 7,651 8,155 17,474 16,907
Operating expenses:        
Direct operating expenses 5,780 6,298 12,840 12,590
Selling, general and administrative expenses 1,005 974 2,913 2,533
Depreciation and amortization 137 131 407 382
Other operating expense 89 98 250 236
Total operating costs and expenses 7,011 7,501 16,410 15,741
Operating income (loss) 640 654 1,064 1,166
Interest expense (88) (86) (249) (257)
Other income (expense), net 34 64 226 147
Earnings (loss) from continuing operations before income taxes 586 632 1,041 1,056
Income tax benefit (expense) (70) (51) (192) (127)
Net earnings (loss) 516 581 849 929
Less net earnings (loss) attributable to the noncontrolling interests 64 60 154 139
Net earnings (loss) attributable to Liberty stockholders $ 452 $ 521 $ 695 $ 790