Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.19.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 633 $ 358
Trade and other receivables, net 728 364
Other current assets 371 360
Total current assets 1,732 1,082
Investments in debt and equity securities 787 1,278
Investments in affiliates, accounted for using the equity method (note 8) 1,641 1,641
Property and equipment, at cost 3,562 3,765
Accumulated depreciation (1,357) (1,296)
Property and equipment, net 2,205 2,469
Intangible assets not subject to amortization (note 9):    
Goodwill 19,927 18,386
FCC licenses 8,600 8,600
Other 1,405 1,074
Intangible assets not subject to amortization 29,932 28,060
Intangible assets subject to amortization, net 6,367 5,715
Other assets 1,246 583
Total assets 43,910 40,828
Current liabilities:    
Accounts payable and accrued liabilities 1,347 1,116
Current portion of debt 13 17
Deferred revenue 2,499 2,079
Other current liabilities 102 32
Total current liabilities 3,961 3,244
Long-term debt, including $2,664 million and $2,487 million measured at fair value at March 31, 2019 and December 31, 2018, respectively (note 10) 14,026 13,371
Deferred income tax liabilities 1,750 1,651
Other liabilities 978 864
Total liabilities 20,715 19,130
Stockholders' equity:    
Preferred stock
Additional paid-in capital 3,261 2,984
Accumulated other comprehensive earnings (loss), net of taxes (43) (38)
Retained earnings 13,484 13,644
Total stockholders' equity 16,707 16,595
Noncontrolling interests in equity of subsidiaries 6,488 5,103
Total equity 23,195 21,698
Commitments and contingencies (note 12)
Total liabilities and equity 43,910 40,828
Liberty Sirius XM Group    
Current assets:    
Cash and cash equivalents 98  
Trade and other receivables, net 592  
Other current assets 253  
Total current assets 943  
Investments in debt and equity securities 456  
Investments in affiliates, accounted for using the equity method (note 8) 641 629
Property and equipment, at cost 2,560  
Accumulated depreciation (1,174)  
Property and equipment, net 1,386  
Intangible assets not subject to amortization (note 9):    
Goodwill 15,791  
FCC licenses 8,600  
Other 1,262  
Intangible assets not subject to amortization 25,653  
Intangible assets subject to amortization, net 1,698  
Other assets 596  
Total assets 31,373  
Current liabilities:    
Accounts payable and accrued liabilities 1,144  
Deferred revenue 1,994  
Other current liabilities 68  
Total current liabilities 3,209  
Long-term debt, including $2,664 million and $2,487 million measured at fair value at March 31, 2019 and December 31, 2018, respectively (note 10) 8,361  
Deferred income tax liabilities 1,734  
Other liabilities 639  
Total liabilities 13,943  
Stockholders' equity:    
Total stockholders' equity 10,937  
Noncontrolling interests in equity of subsidiaries 6,493  
Total liabilities and equity 31,373  
Liberty Sirius XM Group | Common Class A    
Stockholders' equity:    
Common Stock, Value, Issued 1 1
Liberty Sirius XM Group | Common Class B    
Stockholders' equity:    
Common Stock, Value, Issued
Liberty Sirius XM Group | Common Class C    
Stockholders' equity:    
Common Stock, Value, Issued 2 2
Braves Group    
Current assets:    
Cash and cash equivalents 163  
Trade and other receivables, net 26  
Other current assets 34  
Total current assets 223  
Investments in debt and equity securities 8  
Investments in affiliates, accounted for using the equity method (note 8) 97 92
Property and equipment, at cost 821  
Accumulated depreciation (92)  
Property and equipment, net 729  
Intangible assets not subject to amortization (note 9):    
Goodwill 180  
Other 143  
Intangible assets not subject to amortization 323  
Intangible assets subject to amortization, net 37  
Other assets 62  
Total assets 1,479  
Current liabilities:    
Accounts payable and accrued liabilities 39  
Current portion of debt 13  
Deferred revenue 95  
Other current liabilities 11  
Total current liabilities 123  
Long-term debt, including $2,664 million and $2,487 million measured at fair value at March 31, 2019 and December 31, 2018, respectively (note 10) 461  
Deferred income tax liabilities 73  
Other liabilities 200  
Total liabilities 1,109  
Stockholders' equity:    
Total stockholders' equity 378  
Noncontrolling interests in equity of subsidiaries (8)  
Total liabilities and equity 1,479  
Braves Group | Common Class A    
Stockholders' equity:    
Common Stock, Value, Issued
Braves Group | Common Class B    
Stockholders' equity:    
Common Stock, Value, Issued
Braves Group | Common Class C    
Stockholders' equity:    
Common Stock, Value, Issued
Formula One Group    
Current assets:    
Cash and cash equivalents 372  
Trade and other receivables, net 110  
Other current assets 84  
Total current assets 566  
Investments in debt and equity securities 323  
Investments in affiliates, accounted for using the equity method (note 8) 903 920
Property and equipment, at cost 181  
Accumulated depreciation (91)  
Property and equipment, net 90  
Intangible assets not subject to amortization (note 9):    
Goodwill 3,956  
Intangible assets not subject to amortization 3,956  
Intangible assets subject to amortization, net 4,632  
Other assets 645  
Total assets 11,367  
Current liabilities:    
Accounts payable and accrued liabilities 164  
Deferred revenue 410  
Other current liabilities 23  
Total current liabilities 629  
Long-term debt, including $2,664 million and $2,487 million measured at fair value at March 31, 2019 and December 31, 2018, respectively (note 10) 5,204  
Other liabilities 139  
Total liabilities 5,972  
Stockholders' equity:    
Total stockholders' equity 5,392  
Noncontrolling interests in equity of subsidiaries 3  
Total liabilities and equity 11,367  
Formula One Group | Common Class A    
Stockholders' equity:    
Common Stock, Value, Issued
Formula One Group | Common Class B    
Stockholders' equity:    
Common Stock, Value, Issued
Formula One Group | Common Class C    
Stockholders' equity:    
Common Stock, Value, Issued $ 2 $ 2