Quarterly report pursuant to Section 13 or 15(d)

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

v3.5.0.2
Financial Information for Tracking Stock Groups - Statement of Operations (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenue:        
Subscriber revenue $ 1,069 $ 969 $ 3,110 $ 2,812
Other revenue 316 315 845 775
Total Revenue 1,385 1,284 3,955 3,587
Revenue share and royalties 273 239 789 783
Programming and content 90 68 258 191
Customer service and billing 95 94 286 280
Other 31 33 109 98
Subscriber acquisition costs 121 133 382 392
Other operating expense 96 93 265 226
Selling, general and administrative 235 207 644 608
Legal settlement, net     (511)  
Depreciation and amortization 92 96 272 272
Total operating costs and expenses 1,033 963 2,494 2,850
Operating income (loss) 352 321 1,461 737
Other income (expense):        
Interest expense (98) (84) (272) (244)
Share of earnings (losses) of affiliates, net 37 29 43 (8)
Realized and unrealized gains (losses) on financial instruments, net 7 (200) (33) (188)
Other, net 5 4 17 12
Total other income (expense) (49) (251) (245) (428)
Earnings (loss) from continuing operations before income taxes 303 70 1,216 309
Income tax (expense) benefit (134) (29) (478) (150)
Net earnings (loss) 169 41 738 159
Less net earnings (losses) attributable to the noncontrolling interests 54 63 177 139
Net earnings (loss) attributable to Liberty stockholders 115 (22) 561 20
Net earnings (loss) attributable to Liberty stockholders 115   561  
Liberty Sirius XM Group        
Revenue:        
Subscriber revenue 1,069 969 3,110 2,812
Other revenue 207 196 601 548
Total Revenue 1,276 1,165 3,711 3,360
Revenue share and royalties 273 239 789 783
Programming and content 90 68 258 191
Customer service and billing 95 94 286 280
Other 31 33 109 98
Subscriber acquisition costs 121 133 382 392
Other operating expense 18 18 57 53
Selling, general and administrative 202 170 549 511
Depreciation and amortization 79 82 235 240
Total operating costs and expenses 909 837 2,665 2,548
Operating income (loss) 367 328 1,046 812
Other income (expense):        
Interest expense (93) (80) (260) (229)
Share of earnings (losses) of affiliates, net 2 1 11 (3)
Other, net 1   2  
Total other income (expense) (90) (79) (247) (232)
Earnings (loss) from continuing operations before income taxes 277 249 799 580
Income tax (expense) benefit (127) (97) (328) (252)
Net earnings (loss) 150 152 471 328
Less net earnings (losses) attributable to the noncontrolling interests 54 63 177 139
Net earnings (loss) attributable to Liberty stockholders 96 89 178 189
Net earnings (loss) attributable to Liberty stockholders 96   294  
Liberty Braves Group        
Revenue:        
Other revenue 109 119 244 227
Total Revenue 109 119 244 227
Other operating expense 78 75 208 173
Selling, general and administrative 18 17 51 45
Depreciation and amortization 12 11 30 25
Total operating costs and expenses 108 103 289 243
Operating income (loss) 1 16 (45) (16)
Other income (expense):        
Interest expense   (1)   (2)
Share of earnings (losses) of affiliates, net 2 2 6 6
Unrealized gains losses on intergroup interest 25   (2)  
Other, net 1      
Total other income (expense) (22) 1 8 4
Earnings (loss) from continuing operations before income taxes (21) 17 (37) (12)
Income tax (expense) benefit (1) (7) 15 3
Net earnings (loss) (22) 10 (22) (9)
Net earnings (loss) attributable to Liberty stockholders (22) 10 10 (9)
Net earnings (loss) attributable to Liberty stockholders (22)   (22)  
Liberty Media Group        
Revenue:        
Selling, general and administrative 15 20 44 52
Legal settlement, net     (511)  
Depreciation and amortization 1 3 7 7
Total operating costs and expenses 16 23 (460) 59
Operating income (loss) (16) (23) 460 (59)
Other income (expense):        
Interest expense (5) (3) (12) (13)
Share of earnings (losses) of affiliates, net 33 26 26 (11)
Realized and unrealized gains (losses) on financial instruments, net 7 (200) (33) (188)
Unrealized gains losses on intergroup interest (25)   2  
Other, net 3 4 15 12
Total other income (expense) 63 (173) (6) (200)
Earnings (loss) from continuing operations before income taxes 47 (196) 454 (259)
Income tax (expense) benefit (6) 75 (165) 99
Net earnings (loss) 41 (121) 289 (160)
Net earnings (loss) attributable to Liberty stockholders 41 $ (121) (4) $ (160)
Net earnings (loss) attributable to Liberty stockholders $ 41   $ 289