Quarterly report pursuant to Section 13 or 15(d)

Earnings Attributable to Liberty Media Corporation Stockholders Per Common Share (Details)

v3.23.2
Earnings Attributable to Liberty Media Corporation Stockholders Per Common Share (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Mar. 10, 2023
Aug. 12, 2022
Nov. 26, 2019
Mar. 06, 2018
Diluted earnings per share calculation for the unrealized gain or loss                
Net Income (Loss) $ 253 $ 622 $ 268 $ 862        
Liberty SiriusXM Group                
Weighted average outstanding shares of common stock                
Basic WASO 327,000,000 329,000,000 327,000,000 330,000,000        
Potentially dilutive shares 19,000,000 19,000,000 19,000,000 20,000,000        
Diluted WASO 346,000,000 348,000,000 346,000,000 350,000,000        
Diluted earnings per share calculation for the unrealized gain or loss                
Net Income (Loss) $ 166 $ 447 $ 349 $ 735        
Adjustment 5 (14) (4) (13)        
Diluted earnings (loss) attributable to stockholders $ 171 $ 433 $ 345 $ 722        
Liberty SiriusXM Group | Braves Group                
Investment owned shares                
Shares owned 1,811,066   1,811,066          
Liberty SiriusXM Group | Formula One Group                
Investment owned shares                
Shares owned 1,051,238   1,051,238          
Liberty SiriusXM Group | 2.125% Exchangeable Senior Debentures Due 2048                
Investment owned shares                
Debt instrument interest rate (as a percent) 2.125%   2.125%         2.125%
Liberty SiriusXM Group | 2.75% Exchangeable Senior Debentures Due 2049                
Investment owned shares                
Debt instrument interest rate (as a percent) 2.75%   2.75%       2.75%  
Liberty SiriusXM Group | 3.75% Convertible Senior Notes due 2028                
Investment owned shares                
Debt instrument interest rate (as a percent) 3.75%   3.75%   3.75%      
Liberty SiriusXM Group | Common Class A and C                
Earnings Attributable to Liberty Media Corporation Stockholders Per Common Share                
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 25,000,000   25,000,000          
Braves Group                
Weighted average outstanding shares of common stock                
Basic WASO 53,000,000 53,000,000 53,000,000 53,000,000        
Potentially dilutive shares 1,000,000 9,000,000 1,000,000 9,000,000        
Diluted WASO 54,000,000 62,000,000 54,000,000 62,000,000        
Diluted earnings per share calculation for the unrealized gain or loss                
Net Income (Loss) $ (29) $ 64 $ (88) $ 51        
Adjustment   (35)   (36)        
Diluted earnings (loss) attributable to stockholders $ (29) $ 29 $ (88) $ 15        
Braves Group | Common Class A and C                
Earnings Attributable to Liberty Media Corporation Stockholders Per Common Share                
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 9,000,000   9,000,000          
Formula One Group                
Weighted average outstanding shares of common stock                
Basic WASO 234,000,000 232,000,000 234,000,000 232,000,000        
Potentially dilutive shares 10,000,000 9,000,000 9,000,000 9,000,000        
Diluted WASO 244,000,000 241,000,000 243,000,000 241,000,000        
Diluted earnings per share calculation for the unrealized gain or loss                
Net Income (Loss) $ 116 $ 111 $ 7 $ 76        
Adjustment (16) (27) (14) (7)        
Diluted earnings (loss) attributable to stockholders $ 100 $ 84 $ (7) $ 69        
Formula One Group | Braves Group                
Investment owned shares                
Shares owned 6,792,903   6,792,903          
Formula One Group | 2.25% Convertible Senior Notes due 2027                
Investment owned shares                
Debt instrument interest rate (as a percent) 2.25%   2.25%     2.25%    
Formula One Group | Common Class A and C                
Earnings Attributable to Liberty Media Corporation Stockholders Per Common Share                
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 1,000,000   4,000,000