Annual report [Section 13 and 15(d), not S-K Item 405]

Financial Information for Tracking Stock Groups - Statement of Operations (Details)

v3.25.0.1
Financial Information for Tracking Stock Groups - Statement of Operations (Details) - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Dec. 31, 2024
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenue:                      
Total revenue $ 1,167 $ 911 $ 988 $ 587 $ 1,230 $ 936 $ 994 $ 412 $ 3,653 $ 3,572 $ 3,161
Operating expenses:                      
Other operating expenses                 13 274 434
Selling, general and administrative, including stock-based compensation                 419 396 393
Depreciation and amortization                 352 406 433
Impairment and acquisition costs                 105 1 6
Total operating costs and expenses                 3,377 3,317 3,016
Operating income (loss) 19 107 57 93 116 101 71 (33) 276 255 145
Other income (expense):                      
Interest expense                 (237) (248) (186)
Share of earnings (losses) of affiliates, net                 228 157 104
Realized and unrealized gains (losses) on financial instruments, net                 (383) (167) 524
Unrealized gains/( loss) on inter-group interests                   (68) 19
Other, net                 92 46 101
Total other income (expense)                 (300) (280) 562
Earnings (loss) from continuing operations before income taxes                 (24) (25) 707
Income tax benefit (expense)                 (39) 1 202
Net earnings (loss) from continuing operations (357) 132 158 4 (65) 152 63 (174) (63) (24) 909
Net earnings (loss) from discontinued operations                 (2,412) 986 1,120
Net earnings (loss) (357) (2,870) 507 245 164 443 303 52 (2,475) 962 2,029
Less net earnings (loss) attributable to the noncontrolling interests                 (412) 201 227
Less net earnings (loss) attributable to redeemable noncontrolling interest                     (13)
Net earnings (loss) attributable to Liberty stockholders                 (2,063) 761 1,815
Formula One Group                      
Revenue:                      
Total revenue                 3,653 3,222 2,573
Operating expenses:                      
Other operating expenses                 13    
Selling, general and administrative, including stock-based compensation                 408 316 288
Depreciation and amortization                 352 369 362
Impairment and acquisition costs                 105    
Total operating costs and expenses                 3,366 2,925 2,400
Operating income (loss)                 287 297 173
Other income (expense):                      
Interest expense                 (208) (214) (149)
Share of earnings (losses) of affiliates, net                 (10) (4)  
Realized and unrealized gains (losses) on financial instruments, net                 (120) 42 115
Unrealized gains/( loss) on inter-group interests                   15 54
Other, net                 68 75 58
Total other income (expense)                 (270) (86) 78
Earnings (loss) from continuing operations before income taxes                 17 211 251
Income tax benefit (expense)                 (47) (27) 311
Net earnings (loss) from continuing operations (248) 117 24 77 60 118 116 (109) (30) 184 562
Net earnings (loss)                 (30) 184 562
Less net earnings (loss) attributable to the noncontrolling interests                   (1) 17
Less net earnings (loss) attributable to redeemable noncontrolling interest                     (13)
Net earnings (loss) attributable to Liberty stockholders                 (30) 185 558
Liberty Live Group                      
Operating expenses:                      
Selling, general and administrative, including stock-based compensation                 11 11  
Total operating costs and expenses                 11 11  
Operating income (loss)                 (11) (11)  
Other income (expense):                      
Interest expense                 (29) (10)  
Share of earnings (losses) of affiliates, net                 238 22  
Realized and unrealized gains (losses) on financial instruments, net                 (263) (153)  
Other, net                 24 (28)  
Total other income (expense)                 (30) (169)  
Earnings (loss) from continuing operations before income taxes                 (41) (180)  
Income tax benefit (expense)                 8 38  
Net earnings (loss) from continuing operations $ (107) $ 15 $ 134 $ (73) (123) (19)     (33) (142)  
Net earnings (loss)                 (33) (142)  
Less net earnings (loss) attributable to the noncontrolling interests                 (2)    
Net earnings (loss) attributable to Liberty stockholders                 (31) (142)  
Liberty SiriusXM Group                      
Other income (expense):                      
Interest expense                   (4) (8)
Share of earnings (losses) of affiliates, net                   127 72
Realized and unrealized gains (losses) on financial instruments, net                   (59) 396
Other, net                   (6) 23
Total other income (expense)                   58 483
Earnings (loss) from continuing operations before income taxes                   58 483
Income tax benefit (expense)                   (13) (101)
Net earnings (loss) from continuing operations           74 (23) (6)   45 382
Net earnings (loss) from discontinued operations                 (2,412) 986 1,120
Net earnings (loss)                 (2,412) 1,031 1,502
Less net earnings (loss) attributable to the noncontrolling interests                 (410) 202 210
Net earnings (loss) attributable to Liberty stockholders                 (2,002) 829 1,292
Liberty Braves Group                      
Revenue:                      
Total revenue                   350 588
Operating expenses:                      
Other operating expenses                   274 434
Selling, general and administrative, including stock-based compensation                   69 105
Depreciation and amortization                   37 71
Impairment and acquisition costs                   1 6
Total operating costs and expenses                   381 616
Operating income (loss)                   (31) (28)
Other income (expense):                      
Interest expense                   (20) (29)
Share of earnings (losses) of affiliates, net                   12 32
Realized and unrealized gains (losses) on financial instruments, net                   3 13
Unrealized gains/( loss) on inter-group interests                   (83) (35)
Other, net                   5 20
Total other income (expense)                   (83) 1
Earnings (loss) from continuing operations before income taxes                   (114) (27)
Income tax benefit (expense)                   3 (8)
Net earnings (loss) from continuing operations         $ (2) $ (21) $ (29) $ (59)   (111) (35)
Net earnings (loss)                   (111) (35)
Net earnings (loss) attributable to Liberty stockholders                   (111) (35)
Formula 1                      
Revenue:                      
Total revenue                 3,318 3,222 2,573
Operating expenses:                      
Cost of services                 2,294 2,240 1,750
Formula 1 | Formula One Group                      
Revenue:                      
Total revenue                 3,318 3,222 2,573
Operating expenses:                      
Cost of services                 2,294 2,240 1,750
Other                      
Revenue:                      
Total revenue                 335 350 588
Operating expenses:                      
Cost of services                 194    
Other | Formula One Group                      
Revenue:                      
Total revenue                 335    
Operating expenses:                      
Cost of services                 $ 194    
Other | Liberty Braves Group                      
Revenue:                      
Total revenue                   $ 350 $ 588