| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Revenue: | |||||||||
Total revenue | |||||||||
10,292 | 8,040 | 7,594 | 5,276 | 4,795 | 4,450 | 4,002 | 368 | 1,409 | - |
Cost of services (exclusive of depreciation shown separately below): | |||||||||
Subscriber revenue | |||||||||
- | - | - | - | 3,807 | 3,514 | 3,131 | - | 0 | 2,050 |
Other revenue | |||||||||
- | - | - | - | 988 | 936 | 871 | 368 | 1,409 | - |
Revenue share and royalties | |||||||||
- | - | - | - | 1,035 | 810 | 679 | - | 0 | - |
Programming and content | |||||||||
- | - | - | - | 267 | 262 | 243 | - | 0 | - |
Customer service and billing | |||||||||
- | - | - | - | 380 | 373 | 308 | - | 0 | - |
Other | |||||||||
- | - | - | - | 141 | 135 | 104 | - | 0 | - |
Subscriber acquisition costs | |||||||||
427 | 470 | 499 | 513 | 533 | 493 | 491 | - | 0 | - |
Other operating expenses | |||||||||
620 | 388 | 409 | 306 | 262 | 304 | 284 | 230 | 674 | 1,284 |
Selling, general and administrative | |||||||||
1,809 | 1,182 | 1,147 | 886 | 861 | 873 | 764 | 176 | 151 | 525 |
Acquisition and other related costs | |||||||||
84 | 3 | - | - | - | - | - | - | - | - |
Legal settlement, net | |||||||||
- | - | - | 511 | - | - | - | - | - | -48 |
Depreciation and amortization | |||||||||
1,061 | 905 | 824 | 354 | 362 | 359 | 315 | 42 | 53 | 94 |
Total operating costs and expenses | |||||||||
8,822 | 6,529 | 6,200 | 3,542 | 3,841 | 3,609 | 3,188 | 448 | 878 | 1,855 |
Operating income (loss) | |||||||||
1,470 | 1,511 | 1,394 | 1,734 | 954 | 841 | 814 | -80 | 531 | 195 |
Other income (expense): | |||||||||
Interest expense | |||||||||
657 | 606 | 591 | 362 | 328 | 255 | 132 | 7 | 16 | 65 |
Dividend and interest income | |||||||||
- | - | - | - | - | - | 48 | 76 | 77 | 88 |
Share of earnings (losses) of affiliates, net | |||||||||
6 | 18 | 104 | 14 | -40 | -113 | -32 | 1,346 | 87 | -98 |
Realized and unrealized gains (losses) on financial instruments, net | |||||||||
-315 | 40 | -88 | 37 | -140 | 38 | 295 | 230 | 70 | 260 |
Gains (losses) on transactions, net | |||||||||
- | - | - | - | - | - | 7,978 | 22 | 1 | 36 |
Other, net | |||||||||
9 | 78 | 8 | -4 | 12 | -50 | -115 | 42 | 8 | 10 |
Total other income (expense) | |||||||||
-957 | -470 | -567 | -315 | -496 | -380 | 8,042 | 1,709 | 227 | 231 |
Earnings (loss) before income taxes | |||||||||
513 | 1,041 | 827 | 1,419 | 458 | 461 | 8,856 | 1,629 | 758 | 426 |
Income tax (expense) benefit | |||||||||
166 | 176 | -1,063 | 495 | 210 | 66 | -135 | 469 | 165 | -571 |
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest | |||||||||
- | - | - | - | - | - | - | 1,160 | 593 | - |
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | |||||||||
- | - | - | - | - | - | - | 252 | 239 | - |
Net earnings (loss) | |||||||||
347 | 865 | 1,890 | 924 | 248 | 395 | 8,991 | 1,412 | 832 | 997 |
Less net earnings (loss) attributable to the noncontrolling interests | |||||||||
241 | 334 | 536 | 244 | 184 | 217 | 211 | -2 | -4 | -3 |
Net earnings (loss) attributable to Liberty stockholders | |||||||||
106 | 531 | 1,354 | 680 | 64 | 178 | 8,780 | 1,414 | 836 | 1,000 |
Basic net earnings (loss) attributable to Liberty stockholders per common share | |||||||||
Basic Net earnings (loss) from continuing operations attributable to stockholders per common share | |||||||||
- | - | - | - | - | - | - | 3.21 | - | - |
Diluted Net earnings (loss) from continuing operations attributable to stockholders per common share | |||||||||
- | - | - | - | - | - | - | 3.12 | - | - |
Series A, B and C common stock, basic earnings loss per share | |||||||||
- | - | - | - | - | - | 24.73 | 3.92 | - | - |
Diluted net earnings (loss) attributable to Liberty stockholders per common share | |||||||||
Series A, B and C common stock, diluted earnings loss per share | |||||||||
- | - | - | - | - | - | 24.46 | 3.80 | - | - |
Sirius XM Holdings Revenue | |||||||||
Total revenue | |||||||||
7,794 | 5,771 | 5,425 | 4,194 | - | - | - | - | - | - |
Primary Formula 1 | |||||||||
Total revenue | |||||||||
2,022 | 1,827 | 1,783 | - | - | - | - | - | - | - |
Cost of services | |||||||||
1,394 | 1,273 | 1,219 | - | - | - | - | - | - | - |
Other | |||||||||
Total revenue | |||||||||
476 | 442 | 386 | 1,082 | - | - | - | - | - | - |
Cost of services | |||||||||
199 | 126 | 119 | 144 | - | - | - | - | - | - |
Liberty SiriusXM Group | |||||||||
Total revenue | |||||||||
7,794 | 5,771 | 5,425 | 5,014 | - | - | - | - | - | - |
Subscriber acquisition costs | |||||||||
427 | 470 | 499 | 513 | - | - | - | - | - | - |
Other operating expenses | |||||||||
280 | 123 | 113 | 82 | - | - | - | - | - | - |
Selling, general and administrative | |||||||||
1,495 | 878 | 812 | 761 | - | - | - | - | - | - |
Acquisition and other related costs | |||||||||
84 | 3 | - | - | - | - | - | - | - | - |
Depreciation and amortization | |||||||||
537 | 369 | 352 | 312 | - | - | - | - | - | - |
Total operating costs and expenses | |||||||||
6,250 | 4,151 | 3,878 | 3,662 | - | - | - | - | - | - |
Operating income (loss) | |||||||||
1,544 | 1,620 | 1,547 | 1,352 | - | - | - | - | - | - |
Interest expense | |||||||||
435 | 388 | 356 | 342 | - | - | - | - | - | - |
Share of earnings (losses) of affiliates, net | |||||||||
-24 | -11 | 29 | 13 | - | - | - | - | - | - |
Realized and unrealized gains (losses) on financial instruments, net | |||||||||
-41 | -1 | -16 | - | - | - | - | - | - | - |
Other, net | |||||||||
-38 | 25 | -11 | -25 | - | - | - | - | - | - |
Total other income (expense) | |||||||||
-538 | -375 | -354 | -354 | - | - | - | - | - | - |
Earnings (loss) before income taxes | |||||||||
1,006 | 1,245 | 1,193 | 998 | - | - | - | - | - | - |
Income tax (expense) benefit | |||||||||
271 | 241 | -466 | 341 | - | - | - | - | - | - |
Net earnings (loss) | |||||||||
735 | 1,004 | 1,659 | 657 | - | - | - | - | - | - |
Less net earnings (loss) attributable to the noncontrolling interests | |||||||||
241 | 328 | 535 | 244 | - | - | - | - | - | - |
Net earnings (loss) attributable to Liberty stockholders | |||||||||
494 | 676 | 1,124 | 297 | - | - | - | - | - | - |
Series A, B and C common stock, basic earnings loss per share | |||||||||
1.55 | 2.04 | 3.35 | 0.89 | - | - | - | - | - | - |
Series A, B and C common stock, diluted earnings loss per share | |||||||||
1.53 | 2.01 | 3.31 | 0.88 | - | - | - | - | - | - |
Braves Group | |||||||||
Total revenue | |||||||||
476 | 442 | 386 | 262 | - | - | - | - | - | - |
Other operating expenses | |||||||||
340 | 265 | 296 | 224 | - | - | - | - | - | - |
Selling, general and administrative | |||||||||
104 | 100 | 136 | 67 | - | - | - | - | - | - |
Depreciation and amortization | |||||||||
71 | 76 | 67 | 32 | - | - | - | - | - | - |
Total operating costs and expenses | |||||||||
515 | 441 | 499 | 323 | - | - | - | - | - | - |
Operating income (loss) | |||||||||
-39 | 1 | -113 | -61 | - | - | - | - | - | - |
Interest expense | |||||||||
27 | 26 | 15 | 1 | - | - | - | - | - | - |
Share of earnings (losses) of affiliates, net | |||||||||
18 | 12 | 78 | 9 | - | - | - | - | - | - |
Realized and unrealized gains (losses) on financial instruments, net | |||||||||
-4 | -2 | - | 1 | - | - | - | - | - | - |
Other, net | |||||||||
2 | 35 | 3 | - | - | - | - | - | - | - |
Total other income (expense) | |||||||||
-53 | -5 | 51 | -18 | - | - | - | - | - | - |
Earnings (loss) before income taxes | |||||||||
-92 | -4 | -62 | -79 | - | - | - | - | - | - |
Income tax (expense) benefit | |||||||||
-15 | -15 | -36 | -17 | - | - | - | - | - | - |
Net earnings (loss) | |||||||||
-77 | 11 | -26 | -62 | - | - | - | - | - | - |
Less net earnings (loss) attributable to the noncontrolling interests | |||||||||
- | 6 | -1 | - | - | - | - | - | - | - |
Net earnings (loss) attributable to Liberty stockholders | |||||||||
-77 | 5 | -25 | -30 | - | - | - | - | - | - |
Series A, B and C common stock, basic earnings loss per share | |||||||||
-1.51 | 0.10 | -0.51 | -0.65 | - | - | - | - | - | - |
Series A, B and C common stock, diluted earnings loss per share | |||||||||
-1.51 | 0.10 | -0.51 | -0.65 | - | - | - | - | - | - |
Formula One Group | |||||||||
Total revenue | |||||||||
2,022 | 1,827 | 1,783 | - | - | - | - | - | - | - |
Selling, general and administrative | |||||||||
210 | 204 | 199 | 58 | - | - | - | - | - | - |
Legal settlement, net | |||||||||
- | - | - | 511 | - | - | - | - | - | - |
Depreciation and amortization | |||||||||
453 | 460 | 405 | 10 | - | - | - | - | - | - |
Total operating costs and expenses | |||||||||
2,057 | 1,937 | 1,823 | -443 | - | - | - | - | - | - |
Operating income (loss) | |||||||||
-35 | -110 | -40 | 443 | - | - | - | - | - | - |
Interest expense | |||||||||
195 | 192 | 220 | 19 | - | - | - | - | - | - |
Share of earnings (losses) of affiliates, net | |||||||||
12 | 17 | -3 | -8 | - | - | - | - | - | - |
Realized and unrealized gains (losses) on financial instruments, net | |||||||||
-270 | 43 | -72 | 36 | - | - | - | - | - | - |
Other, net | |||||||||
45 | 18 | 16 | 21 | - | - | - | - | - | - |
Total other income (expense) | |||||||||
-366 | -90 | -264 | 57 | - | - | - | - | - | - |
Earnings (loss) before income taxes | |||||||||
-401 | -200 | -304 | 500 | - | - | - | - | - | - |
Income tax (expense) benefit | |||||||||
-90 | -50 | -561 | 171 | - | - | - | - | - | - |
Net earnings (loss) | |||||||||
-311 | -150 | 257 | 329 | - | - | - | - | - | - |
Less net earnings (loss) attributable to the noncontrolling interests | |||||||||
- | - | 2 | - | - | - | - | - | - | - |
Net earnings (loss) attributable to Liberty stockholders | |||||||||
-311 | -150 | 255 | 36 | - | - | - | - | - | - |
Series A, B and C common stock, basic earnings loss per share | |||||||||
-1.35 | -0.65 | 1.23 | 0.43 | - | - | - | - | - | - |
Series A, B and C common stock, diluted earnings loss per share | |||||||||
-1.35 | -0.65 | 1.21 | 0.42 | - | - | - | - | - | - |
Revenue Share And Royalties | |||||||||
Cost of services | |||||||||
2,291 | 1,394 | 1,210 | 1,109 | - | - | - | - | - | - |
Programming and content | |||||||||
Cost of services | |||||||||
462 | 406 | 388 | 354 | - | - | - | - | - | - |
Customer service and billing | |||||||||
Cost of services | |||||||||
475 | 382 | 385 | 387 | - | - | - | - | - | - |
Liberty Media Corporation | |||||||||
Net earnings (loss) attributable to Liberty stockholders | |||||||||
- | - | - | 377 | - | - | - | - | - | - |
Series A, B and C common stock, basic earnings loss per share | |||||||||
- | - | - | 1.13 | - | - | - | - | - | - |
Series A, B and C common stock, diluted earnings loss per share | |||||||||
- | - | - | 1.12 | - | - | - | - | - | - |