Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.19.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 694 $ 358
Trade and other receivables, net 778 364
Other current assets 464 360
Total current assets 1,936 1,082
Investments in affiliates, accounted for using the equity method 1,698 1,641
Property and equipment, at cost 3,714 3,765
Accumulated depreciation (1,484) (1,296)
Property and equipment, net 2,230 2,469
Intangible assets not subject to amortization (note 8):    
Goodwill 19,952 18,386
FCC licenses 8,600 8,600
Other 1,405 1,074
Intangible assets not subject to amortization 29,957 28,060
Intangible assets subject to amortization, net 6,079 5,715
Other assets 1,745 1,861
Total assets 43,645 40,828
Current liabilities:    
Accounts payable and accrued liabilities 1,537 1,116
Deferred revenue 2,235 2,079
Other current liabilities 110 49
Total current liabilities 3,882 3,244
Long-term debt, including $2,723 million and $2,487 million measured at fair value at June 30, 2019 and December 31, 2018, respectively (note 9) 14,707 13,371
Deferred income tax liabilities 1,872 1,651
Other liabilities 1,006 864
Total liabilities 21,467 19,130
Stockholders' equity:    
Preferred stock, $.01 par value. Authorized 50,000,000 shares; no shares issued
Additional paid-in capital 2,780 2,984
Accumulated other comprehensive earnings (loss), net of taxes (61) (38)
Retained earnings 13,793 13,644
Total stockholders' equity 16,517 16,595
Noncontrolling interests in equity of subsidiaries 5,661 5,103
Total equity 22,178 21,698
Commitments and contingencies (note 11)
Total liabilities and equity 43,645 40,828
Liberty Sirius XM Group    
Current assets:    
Cash and cash equivalents 133  
Trade and other receivables, net 632  
Other current assets 225  
Total current assets 990  
Investments in affiliates, accounted for using the equity method 638 629
Property and equipment, at cost 2,639  
Accumulated depreciation (1,275)  
Property and equipment, net 1,364  
Intangible assets not subject to amortization (note 8):    
Goodwill 15,816  
FCC licenses 8,600  
Other 1,262  
Intangible assets not subject to amortization 25,678  
Intangible assets subject to amortization, net 1,632  
Other assets 702  
Total assets 31,004  
Current liabilities:    
Accounts payable and accrued liabilities 1,240  
Deferred revenue 1,938  
Other current liabilities 74  
Total current liabilities 3,256  
Long-term debt, including $2,723 million and $2,487 million measured at fair value at June 30, 2019 and December 31, 2018, respectively (note 9) 8,857  
Deferred income tax liabilities 1,856  
Other liabilities 634  
Total liabilities 14,603  
Stockholders' equity:    
Total stockholders' equity 10,735  
Noncontrolling interests in equity of subsidiaries 5,666  
Total liabilities and equity 31,004  
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 142  
Trade and other receivables, net 49  
Other current assets 102  
Total current assets 293  
Investments in affiliates, accounted for using the equity method 104 92
Property and equipment, at cost 883  
Accumulated depreciation (117)  
Property and equipment, net 766  
Intangible assets not subject to amortization (note 8):    
Goodwill 180  
Other 143  
Intangible assets not subject to amortization 323  
Intangible assets subject to amortization, net 35  
Other assets 73  
Total assets 1,594  
Current liabilities:    
Accounts payable and accrued liabilities 57  
Deferred revenue 52  
Other current liabilities 17  
Total current liabilities 119  
Long-term debt, including $2,723 million and $2,487 million measured at fair value at June 30, 2019 and December 31, 2018, respectively (note 9) 521  
Deferred income tax liabilities 78  
Other liabilities 206  
Total liabilities 1,176  
Stockholders' equity:    
Total stockholders' equity 426  
Noncontrolling interests in equity of subsidiaries (8)  
Total liabilities and equity 1,594  
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 419  
Trade and other receivables, net 97  
Other current assets 137  
Total current assets 653  
Investments in affiliates, accounted for using the equity method 956 920
Property and equipment, at cost 192  
Accumulated depreciation (92)  
Property and equipment, net 100  
Intangible assets not subject to amortization (note 8):    
Goodwill 3,956  
Intangible assets not subject to amortization 3,956  
Intangible assets subject to amortization, net 4,412  
Other assets 1,032  
Total assets 11,361  
Current liabilities:    
Accounts payable and accrued liabilities 240  
Deferred revenue 245  
Other current liabilities 19  
Total current liabilities 507  
Long-term debt, including $2,723 million and $2,487 million measured at fair value at June 30, 2019 and December 31, 2018, respectively (note 9) 5,329  
Other liabilities 166  
Total liabilities 6,002  
Stockholders' equity:    
Total stockholders' equity 5,356  
Noncontrolling interests in equity of subsidiaries 3  
Total liabilities and equity 11,361  
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