Quarterly report pursuant to Section 13 or 15(d)

Investments In Affiliates Accounted For Using The Equity Method (Tables)

v3.8.0.1
Investments In Affiliates Accounted For Using The Equity Method (Tables)
9 Months Ended
Sep. 30, 2017
Investments in Affiliates Accounted for Using the Equity Method  
Schedule Of Equity Ownership And Carrying Amount

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2017

 

December 31, 2016

 

 

    

Percentage

    

Fair Value

    

Carrying

    

Carrying

 

 

 

ownership

 

(Level 1)

 

amount

 

amount

 

 

 

dollar amounts in millions

 

Liberty SiriusXM Group

 

 

 

 

 

 

 

 

 

 

 

SIRIUS XM Canada

 

70

%

$

NA

 

$

680

 

164

 

Total Liberty SiriusXM Group

 

 

 

 

 

 

 

680

 

164

 

 

 

 

 

 

 

 

 

 

 

 

 

Braves Group

 

 

 

 

 

 

 

 

 

 

 

Other

 

various

 

 

NA

 

 

111

 

61

 

Total Braves Group

 

 

 

 

 

 

 

111

 

61

 

 

 

 

 

 

 

 

 

 

 

 

 

Formula One Group

 

 

 

 

 

 

 

 

 

 

 

Live Nation (a)

 

34

%

$

3,033

 

 

805

 

731

 

Other

 

various

 

 

NA

 

 

176

 

161

 

Total Formula One Group

 

 

 

 

 

 

 

981

 

892

 

Consolidated Liberty

 

 

 

 

 

 

$

1,772

 

1,117

 


(a)

See note 10 for details regarding the number and fair value of shares pledged as collateral pursuant to the Live Nation Margin Loan as of September 30, 2017.  

Schedule Of Liberty's Share Of Earnings (Losses) Of Affiliates

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended 

 

Nine months ended

 

 

 

September 30,

 

September 30,

 

 

    

2017

    

2016

    

2017

    

2016

 

 

 

amounts in millions

 

Liberty SiriusXM Group

 

 

 

 

 

 

 

 

 

 

SIRIUS XM Canada

 

$

34

 

 2

 

32

 

11

 

Total Liberty SiriusXM Group

 

 

34

 

 2

 

32

 

11

 

 

 

 

 

 

 

 

 

 

 

 

Braves Group

 

 

 

 

 

 

 

 

 

 

Other (a)

 

 

68

 

 2

 

72

 

 6

 

Total Braves Group

 

 

68

 

 2

 

72

 

 6

 

 

 

 

 

 

 

 

 

 

 

 

Formula One Group

 

 

 

 

 

 

 

 

 

 

Live Nation

 

 

43

 

33

 

51

 

25

 

Other

 

 

10

 

 —

 

12

 

 1

 

Total Formula One Group

 

 

53

 

33

 

63

 

26

 

Consolidated Liberty

 

$

155

 

37

 

167

 

43

 


(a)

During the three months ended September 30, 2017, an equity method affiliate of Braves Holdings sold a controlling interest in a subsidiary, resulting in a gain to Liberty of approximately $67 million.