LIBERTY MEDIA CORPORATION LSXMA Cash Flow

Liberty media corporation (LSXMA)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12
Net earnings
476	347	358	462	525	865	2,263	2,158	2,059	1,890	647	555	541	924	827	699	656	248	289	335	342	395	884	913	959	8,991	8,475	8,579	9,365	1,412	0	0	0
Adjustments to reconcile net earnings to net cash provided by operating activities:
Earnings (loss) from discontinued operations, net of taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	252	0	0	0
Depreciation and amortization
1,080	1,061	1,014	977	937	905	890	884	876	824	697	561	431	354	362	366	365	362	359	353	353	359	350	339	335	315	247	180	103	42	0	0	0
Stock-based compensation
293	312	285	255	232	192	193	232	232	230	223	179	160	150	166	181	194	204	213	210	212	217	203	202	201	193	169	124	81	46	0	0	0
Excess tax benefit from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Share of (earnings) loss of affiliates, net
-36	6	15	18	6	18	9	106	100	104	138	20	22	14	11	3	-15	-40	-68	-103	-115	-113	-73	-75	-84	-32	27	49	1,351	1,346	0	0	0
Realized and unrealized (gains) losses on financial instruments, net
-216	-315	-311	-356	-211	40	135	184	77	-88	27	16	33	37	15	-192	-120	-140	-95	90	75	38	18	97	133	295	279	350	216	230	0	0	0
Noncash interest expense
-	-	-	-	-	-	-	-	-	16	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-62	-56	-42	-20	-2	0	0	0
Losses (gains) on transactions, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,978	0	0	0	-	-	-	-
Losses (gains) on dilution of investment in affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-29	-78	0	0	0	-	-	-	-	-	-	-	-
Losses (gains) on disposition of assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Deferred income tax expense (benefit)
105	120	231	210	201	167	-1,218	-1,168	-1,170	-1,064	306	425	439	427	484	272	219	175	180	233	254	91	27	42	115	-172	-226	-205	54	465	0	0	0
Other, net
0	-	-	-	29	17	25	-24	-19	-4	-48	-5	-31	-30	-23	-25	-14	-19	-24	-11	-4	12	0	0	0	-	0	0	0	-	0	0	0
Changes in operating assets and liabilities
Current and other assets
18	3	-27	15	-47	31	75	12	55	-50	-60	-39	-56	-25	96	103	209	208	143	175	69	74	27	-55	-94	-187	-274	-124	-91	-18	0	0	0
Payables and other liabilities
-39	100	35	-144	62	132	123	384	110	-247	-15	-119	51	277	232	139	406	245	147	299	21	33	86	62	-39	-78	-57	-77	-48	33	0	0	0
Net cash provided (used) by operating activities
2,221	2,313	2,291	2,060	2,181	2,156	2,053	2,261	1,953	1,732	1,834	1,648	1,687	2,171	1,990	1,812	1,804	1,232	1,220	1,246	1,149	1,128	1,148	1,193	1,191	1,236	807	509	202	-29	0	0	0
Cash flows from investing activities:
Investments in equity method affiliates and debt and equity securities
100	29	36	35	32	414	505	819	1,250	862	782	1,215	778	784	0	0	0	-	-	-	-	-	-	-	-	2,585	2,877	4,093	1,732	1,716	0	0	0
Return of investment in equity method affiliates
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash proceeds from sale of investments
380	442	544	529	462	399	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	766	0	0	0
Cash (paid) received for acquisitions, net of cash acquired
-	-	-	-	-	-	-	-	-	1,754	0	0	0	-	-	-	-	-	-	-	-	47	572	572	583	117	0	0	0	-	-	-	-
Cash (paid) received from acquisitions, net of cash acquired
-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Proceeds (payments) from settlement of financial instruments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	322	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Sale of Available-for-sale Securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of loans and other cash receipts from equity method affiliates and debt and equity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	148	110	0	0	0
Capital expended for property and equipment, including internal-use software and website development
485	510	476	433	427	403	375	442	450	517	657	674	657	568	438	317	299	296	217	222	192	194	228	254	247	207	143	76	40	16	0	0	0
Purchases of short term investments and other marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	258	381	400	263	174	62	100	324	360	349	307	61	178	0	0	0	-	-	-	-
Sales of short term investments and other marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	273	400	451	275	358	339	289	257	176	68	67	145	229	234	234	744	625	0	0	0
Net (increase) decrease in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-700	0	0	0
Other investing activities, net
-18	-14	9	16	20	-36	-138	-141	-13	25	151	168	25	37	-26	-26	-5	8	92	78	38	20	-31	-71	4	8	0	0	0	-	-	-	-
Net cash provided (used) by investing activities
2	314	422	442	308	-370	-605	-969	-1,764	-3,137	-3,168	-3,646	-2,936	-1,264	-1,347	-489	-555	-286	41	-25	-156	-411	-925	-828	-3,232	-2,764	-1,898	-2,569	-11	224	0	0	0
Borrowings of debt
5,960	6,020	6,325	4,913	3,213	3,617	3,187	5,683	6,170	6,697	6,546	3,889	4,254	2,745	2,453	2,323	1,273	2,213	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of debt
4,502	4,871	5,388	4,026	3,644	4,057	3,302	5,734	5,107	5,107	5,692	2,724	2,792	1,749	1,254	1,351	649	1,196	1,094	1,024	1,773	1,936	2,708	3,507	3,599	2,779	1,731	845	1	750	0	0	0
Proceeds from issuance of Series C Liberty Formula One common stock
-	-	-	-	-	-	-	-	-	1,938	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liberty SiriusXM common stock repurchases
359	443	472	554	657	466	0	0	0	-	-	-	-	-	-	-	-	350	0	0	0	-	-	-	-	140	221	229	384	323	0	0	0
Subsidiary shares repurchased by subsidiary
1,826	2,159	2,611	2,454	1,581	1,314	1,075	959	1,412	1,409	1,445	1,462	1,386	1,674	4,891	4,098	3,147	2,018	2,159	2,019	1,703	2,157	-1,650	-1,439	-1,217	-1,602	0	0	0	-	0	0	0
Cash dividends paid by subsidiary
66	68	67	66	63	59	59	59	60	60	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds (payments) from issuances and settlements of financial instruments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Taxes paid in lieu of shares issued for stock-based compensation
209	211	109	106	142	130	162	184	141	135	110	80	76	58	72	63	68	80	69	63	60	48	0	0	0	-	-	-	-	-	-	-	-
Excess tax benefit from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Other financing activities, net
0	-	-	-	-	29	-9	-10	-3	-48	-5	-7	-5	3	21	19	8	5	0	0	0	-	-	-	7	14	-25	18	12	4	0	0	0
Net cash provided (used) by financing activities
-1,050	-1,773	-2,385	-2,314	-2,895	-2,380	-1,788	-1,481	-196	1,876	0	0	0	-	-	-	-	-	-	-	0	-	-1,017	-736	518	813	539	551	-932	-1,162	0	0	0
Net cash provided (used) by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash
0	-	-	-	0	-	-	-2	5	4	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash, cash equivalents and restricted cash
1,164	854	322	188	-408	-595	-343	-191	-2	475	-156	-485	469	361	352	439	-570	-480	211	224	795	-407	-794	-371	-1,523	485	848	291	1,059	-367	0	0	0
Cash provided (used) by operating activities - Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	203	279	265	0	0	0
Cash provided (used) by investing activities - Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7	1	-10	0	0	0
Cash provided (used) by financing activities - Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	550	559	547	546	-5	0	0	0
Change in available cash held by discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	650	746	1,057	974	350	0	0	0
Net cash provided (used) by discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,200	1,400	1,800	1,800	600	0	0	0