Annual report pursuant to Section 13 and 15(d)

Information About Liberty's Operating Segments (Tables)

v3.6.0.2
Information About Liberty's Operating Segments (Tables)
 12 Months Ended
Dec. 31, 2016
Information About Liberty's Operating Segments  
Performance Measures By Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

 

2016

 

2015

 

2014

 

 

    

 

 

    

Adjusted

    

 

    

Adjusted

    

 

    

Adjusted

 

 

 

Revenue

 

OIBDA

 

Revenue

 

OIBDA

 

Revenue

 

OIBDA

 

 

 

amounts in millions

 

Liberty SiriusXM Group

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SIRIUS XM

 

$
5,014

 
1,853

 
4,552

 
1,660

 
4,141

 
1,466

 

Corporate and other

 

 

 —

 
(15)

 

 —

 

 —

 

 —

 

 —

 

Total Liberty SiriusXM Group

 

 
5,014

 
1,838

 
4,552

 
1,660

 
4,141

 
1,466

 

Braves Group

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate and other

 

 
262

 
(20)

 
243

 
3

 
250

 
(6)

 

Total Braves Group

 

 
262

 
(20)

 
243

 
3

 
250

 
(6)

 

Formula One Group

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate and other

 

 

 —

 
(45)

 

 —

 
(35)

 
59

 
(43)

 

Total Formula One Group

 

 

 —

 
(45)

 

 —

 
(35)

 
59

 
(43)

 

Total

 

$
5,276

 
1,773

 
4,795

 
1,628

 
4,450

 
1,417

 

 

Other Information By Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2016

 

December 31, 2015

 

 

    

Total

    

Investments

    

Capital

    

Total

    

Investments

    

Capital

 

 

 

assets

 

in affiliates

 

expenditures

 

assets

 

in affiliates

 

expenditures

 

 

 

amounts in millions

 

Liberty SiriusXM Group

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SIRIUS XM

 

$
26,978

 
164

 
206

 
27,001

 
153

 
135

 

Corporate and other

 

 
73

 

 —

 

 —

 

 —

 

 —

 

 —

 

Total Liberty SiriusXM Group

 

 
27,051

 
164

 
206

 
27,001

 
153

 
135

 

Braves Group

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate and other

 

 
1,548

 
61

 
360

 
849

 
39

 
128

 

Total Braves Group

 

 
1,548

 
61

 
360

 
849

 
39

 
128

 

Formula One Group

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate and other

 

 
2,995

 
892

 
2

 
1,952

 
923

 
33

 

Total Formula One Group

 

 
2,995

 
892

 
2

 
1,952

 
923

 
33

 

Elimination (1)

 

 
(217)

 

 —

 

 —

 
(4)

 

 —

 

 —

 

Consolidated Liberty

 

$
31,377

 
1,117

 
568

 
29,798

 
1,115

 
296

 

(1)

This is primarily the intergroup interest in the Braves Group held by the Formula One Group, as discussed in note 2. The intergroup interest attributable to the Formula One Group is presented as an asset and the intergroup interest attributable to the Braves Group is presented as a liability in the attributed financial statements and the offsetting amounts between tracking stock groups are eliminated in consolidation.
Reconciliation of segment Adjusted OIBDA to earnings (loss) from continuing operations before income tax

 

 

 

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

    

2016

    

2015

    

2014

 

 

 

amounts in millions

 

Consolidated segment Adjusted OIBDA

 

$
1,773

 
1,628

 
1,417

 

Legal settlement (note 17)

 

 
465

 
(108)

 

 —

 

Stock-based compensation

 

 
(150)

 
(204)

 
(217)

 

Depreciation and amortization

 

 
(354)

 
(362)

 
(359)

 

Operating income (loss)

 

 
1,734

 
954

 
841

 

Interest expense

 

 
(362)

 
(328)

 
(255)

 

Share of earnings (losses) of affiliates, net

 

 
14

 
(40)

 
(113)

 

Realized and unrealized gains (losses) on financial instruments, net

 

 
37

 
(140)

 
38

 

Other, net

 

 
(4)

 
12

 
(50)

 

Earnings (loss) from continuing operations before income taxes

 

$
1,419

 
458

 
461