Quarterly report pursuant to Section 13 or 15(d)

Financial Information for Tracking Stock Groups - Cash Flows (Details)

v3.24.3
Financial Information for Tracking Stock Groups - Cash Flows (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Net Cash Provided by (Used in) Operating Activities [Abstract]        
Net earnings (loss) $ (2,870) $ 443 $ (2,118) $ 798
Adjustments to reconcile net earnings to net cash provided by operating activities:        
Net (earnings) loss from discontinued operations 3,002 (291) 2,412 (757)
Depreciation and amortization 88 89 263 291
Stock-based compensation     27 22
Share of (earnings) loss of affiliates, net (116) (143) (175) (228)
Unrealized (gains) losses on intergroup interests, net   4   68
Realized and unrealized (gains) losses on financial instruments, net 55 (39) (11) 45
Deferred income tax expense (benefit)     44 24
Intergroup tax allocation     (98) (137)
Intergroup tax (payments) receipts     131 90
Other, net     21 50
Increase (Decrease) in Operating Capital [Abstract]        
Current and other assets     (71) (166)
Payables and other liabilities     151 480
Net cash provided (used) by operating activities     576 580
Net Cash Provided by (Used in) Investing Activities [Abstract]        
Investments in equity method affiliates and debt and equity securities     (10) (173)
Cash proceeds from dispositions     107 111
Cash (paid) received for acquisitions, net of cash acquired     (205)
Capital expended for property and equipment, including internal-use software and website development     (52) (343)
Other investing activities, net     (12) (20)
Net cash provided (used) by investing activities     (172) (425)
Net Cash Provided by (Used in) Financing Activities [Abstract]        
Borrowings of debt     644 1,165
Repayments of debt     (683) (1,002)
Issuance of Series C Liberty Formula One common stock     939  
Settlement of intergroup interests       (273)
Atlanta Braves Holdings, Inc. Split-Off       (188)
Other financing activities, net     43 22
Net cash provided (used) by financing activities     943 (276)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash     1  
Net cash provided (used) by discontinued operations:        
Cash provided (used) by operating activities     879 1,301
Cash provided (used) by investing activities     (709) (565)
Cash provided (used) by financing activities     (485) (771)
Net cash provided (used) by discontinued operations     (315) (35)
Net increase (decrease) in cash, cash equivalents and restricted cash     1,033 (156)
Cash, cash equivalents and restricted cash at beginning of period     2,028 2,276
Cash, cash equivalents and restricted cash at end of period 3,061 2,120 3,061 2,120
Formula One Group        
Net Cash Provided by (Used in) Operating Activities [Abstract]        
Net earnings (loss) 117 118 218 124
Adjustments to reconcile net earnings to net cash provided by operating activities:        
Depreciation and amortization 88 86 263 254
Stock-based compensation     24 14
Share of (earnings) loss of affiliates, net 1 (2) 6 1
Unrealized (gains) losses on intergroup interests, net   (16)   (15)
Realized and unrealized (gains) losses on financial instruments, net (39) (66) (86) (83)
Deferred income tax expense (benefit)     22 19
Intergroup tax allocation     (97) (135)
Intergroup tax (payments) receipts     128 91
Other, net     25 6
Increase (Decrease) in Operating Capital [Abstract]        
Current and other assets     (71) (122)
Payables and other liabilities     155 400
Net cash provided (used) by operating activities     587 554
Net Cash Provided by (Used in) Investing Activities [Abstract]        
Investments in equity method affiliates and debt and equity securities     (7) (173)
Cash proceeds from dispositions       110
Cash (paid) received for acquisitions, net of cash acquired     (205)  
Capital expended for property and equipment, including internal-use software and website development     (52) (308)
Other investing activities, net     (13) (20)
Net cash provided (used) by investing activities     (277) (391)
Net Cash Provided by (Used in) Financing Activities [Abstract]        
Borrowings of debt     644  
Repayments of debt     (671) (64)
Issuance of Series C Liberty Formula One common stock     939  
Settlement of intergroup interests       (273)
Reclassification       (100)
Other financing activities, net     42 11
Net cash provided (used) by financing activities     954 (426)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash     1  
Net cash provided (used) by discontinued operations:        
Net increase (decrease) in cash, cash equivalents and restricted cash     1,265 (263)
Cash, cash equivalents and restricted cash at beginning of period     1,408 1,733
Cash, cash equivalents and restricted cash at end of period 2,673 1,470 2,673 1,470
Liberty Live Group        
Net Cash Provided by (Used in) Operating Activities [Abstract]        
Net earnings (loss) 15 (19) 76 (19)
Adjustments to reconcile net earnings to net cash provided by operating activities:        
Stock-based compensation     3 1
Share of (earnings) loss of affiliates, net (117) (90) (181) (90)
Realized and unrealized (gains) losses on financial instruments, net 94 72 75 72
Deferred income tax expense (benefit)     22 (4)
Intergroup tax allocation     (1) (1)
Intergroup tax (payments) receipts     3  
Other, net     (4) 34
Increase (Decrease) in Operating Capital [Abstract]        
Current and other assets       (10)
Payables and other liabilities     (4) 14
Net cash provided (used) by operating activities     (11) (3)
Net Cash Provided by (Used in) Investing Activities [Abstract]        
Investments in equity method affiliates and debt and equity securities     (3)  
Cash proceeds from dispositions     107 1
Other investing activities, net     1  
Net cash provided (used) by investing activities     105 1
Net Cash Provided by (Used in) Financing Activities [Abstract]        
Borrowings of debt       1,135
Repayments of debt     (12) (918)
Reclassification       100
Other financing activities, net     1  
Net cash provided (used) by financing activities     (11) 317
Net cash provided (used) by discontinued operations:        
Net increase (decrease) in cash, cash equivalents and restricted cash     83 315
Cash, cash equivalents and restricted cash at beginning of period     305  
Cash, cash equivalents and restricted cash at end of period 388 315 388 315
Liberty SiriusXM Group        
Net Cash Provided by (Used in) Operating Activities [Abstract]        
Net earnings (loss) (3,002) 365 (2,412) 802
Adjustments to reconcile net earnings to net cash provided by operating activities:        
Net (earnings) loss from discontinued operations $ 3,002 (291) 2,412 (757)
Share of (earnings) loss of affiliates, net   (50)   (127)
Realized and unrealized (gains) losses on financial instruments, net   (45)   59
Deferred income tax expense (benefit)       14
Intergroup tax allocation       (1)
Other, net       6
Increase (Decrease) in Operating Capital [Abstract]        
Payables and other liabilities       1
Net cash provided (used) by operating activities       (3)
Net Cash Provided by (Used in) Financing Activities [Abstract]        
Other financing activities, net       3
Net cash provided (used) by financing activities       3
Net cash provided (used) by discontinued operations:        
Cash provided (used) by operating activities     879 1,301
Cash provided (used) by investing activities     (709) (565)
Cash provided (used) by financing activities     (485) (771)
Net cash provided (used) by discontinued operations     (315) (35)
Net increase (decrease) in cash, cash equivalents and restricted cash     (315) (35)
Cash, cash equivalents and restricted cash at beginning of period     $ 315 370
Cash, cash equivalents and restricted cash at end of period   335   335
Braves Group        
Net Cash Provided by (Used in) Operating Activities [Abstract]        
Net earnings (loss)   (21)   (109)
Adjustments to reconcile net earnings to net cash provided by operating activities:        
Depreciation and amortization   3   37
Stock-based compensation       7
Share of (earnings) loss of affiliates, net   (1)   (12)
Unrealized (gains) losses on intergroup interests, net   $ 20   83
Realized and unrealized (gains) losses on financial instruments, net       (3)
Deferred income tax expense (benefit)       (5)
Intergroup tax (payments) receipts       (1)
Other, net       4
Increase (Decrease) in Operating Capital [Abstract]        
Current and other assets       (34)
Payables and other liabilities       65
Net cash provided (used) by operating activities       32
Net Cash Provided by (Used in) Investing Activities [Abstract]        
Capital expended for property and equipment, including internal-use software and website development       (35)
Net cash provided (used) by investing activities       (35)
Net Cash Provided by (Used in) Financing Activities [Abstract]        
Borrowings of debt       30
Repayments of debt       (20)
Atlanta Braves Holdings, Inc. Split-Off       (188)
Other financing activities, net       8
Net cash provided (used) by financing activities       (170)
Net cash provided (used) by discontinued operations:        
Net increase (decrease) in cash, cash equivalents and restricted cash       (173)
Cash, cash equivalents and restricted cash at beginning of period       $ 173