Annual report pursuant to Section 13 and 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 1,222 $ 358
Trade and other receivables, net 767 364
Other current assets 416 360
Total current assets 2,405 1,082
Investments in affiliates, accounted for using the equity method 1,625 1,641
Property and equipment, at cost 3,780 3,765
Accumulated depreciation (1,518) (1,296)
Property and equipment, net 2,262 2,469
Intangible assets not subject to amortization:    
Goodwill 19,939 18,386
FCC licenses 8,600 8,600
Other 1,405 1,074
Intangible assets not subject to amortization 29,944 28,060
Intangible assets subject to amortization, net 5,940 5,715
Other assets 2,013 1,861
Total assets 44,189 40,828
Current liabilities:    
Accounts payable and accrued liabilities 1,621 1,116
Current portion of debt 60 17
Deferred revenue 2,113 2,079
Other current liabilities 94 32
Total current liabilities 3,888 3,244
Long-term debt 15,416 13,371
Deferred income tax liabilities 1,913 1,651
Other liabilities 1,047 864
Total liabilities 22,264 19,130
Stockholders' equity:    
Preferred stock, $.01 par value. Authorized 50,000,000 shares; no shares issued
Additional paid-in capital 2,575 2,984
Accumulated other comprehensive earnings (loss), net of taxes (33) (38)
Retained earnings 13,748 13,644
Total stockholders' equity 16,295 16,595
Noncontrolling interests in equity of subsidiaries 5,630 5,103
Total equity 21,925 21,698
Commitments and contingencies
Total liabilities and equity 44,189 40,828
Liberty Sirius XM Group    
Current assets:    
Cash and cash equivalents 493 91
Trade and other receivables, net 670 233
Other current assets 227 191
Total current assets 1,390 515
Investments in affiliates, accounted for using the equity method 644 629
Property and equipment, at cost 2,686 2,450
Accumulated depreciation (1,331) (1,112)
Property and equipment, net 1,355 1,338
Intangible assets not subject to amortization:    
Goodwill 15,803 14,250
FCC licenses 8,600 8,600
Other 1,262 931
Intangible assets not subject to amortization 25,665 23,781
Intangible assets subject to amortization, net 1,603 942
Other assets 764 1,087
Total assets 31,421 28,292
Current liabilities:    
Accounts payable and accrued liabilities 1,294 854
Current portion of debt 1 3
Deferred revenue 1,930 1,932
Other current liabilities 72 15
Total current liabilities 3,274 2,800
Long-term debt 9,244 7,855
Deferred income tax liabilities 1,890 1,673
Other liabilities 683 257
Total liabilities 15,115 12,585
Stockholders' equity:    
Total stockholders' equity 10,678 10,599
Noncontrolling interests in equity of subsidiaries 5,628 5,108
Total liabilities and equity 31,421 28,292
Liberty Sirius XM Group | Common Class A    
Stockholders' equity:    
Common Stock, Value, Issued 1 1
Liberty Sirius XM Group | Common Class C    
Stockholders' equity:    
Common Stock, Value, Issued 2 2
Braves Group    
Current assets:    
Cash and cash equivalents 142 107
Trade and other receivables, net 28 21
Other current assets 97 129
Total current assets 267 257
Investments in affiliates, accounted for using the equity method 99 92
Property and equipment, at cost 923 1,137
Accumulated depreciation (128) (96)
Property and equipment, net 795 1,041
Intangible assets not subject to amortization:    
Goodwill 180 180
Other 143 143
Intangible assets not subject to amortization 323 323
Intangible assets subject to amortization, net 34 37
Other assets 75 55
Total assets 1,593 1,805
Current liabilities:    
Accounts payable and accrued liabilities 63 29
Current portion of debt 59 14
Deferred revenue 70 54
Other current liabilities 5 8
Total current liabilities 188 84
Long-term debt 495 477
Deferred income tax liabilities 61 69
Other liabilities 203 511
Total liabilities 1,215 1,367
Stockholders' equity:    
Total stockholders' equity 378 446
Noncontrolling interests in equity of subsidiaries   (8)
Total liabilities and equity 1,593 1,805
Formula One Group    
Current assets:    
Cash and cash equivalents 587 160
Trade and other receivables, net 69 110
Other current assets 92 40
Total current assets 748 310
Investments in affiliates, accounted for using the equity method 882 920
Property and equipment, at cost 171 178
Accumulated depreciation (59) (88)
Property and equipment, net 112 90
Intangible assets not subject to amortization:    
Goodwill 3,956 3,956
Intangible assets not subject to amortization 3,956 3,956
Intangible assets subject to amortization, net 4,303 4,736
Other assets 1,212 719
Total assets 11,505 10,957
Current liabilities:    
Accounts payable and accrued liabilities 264 233
Deferred revenue 113 93
Other current liabilities 17 9
Total current liabilities 426 360
Long-term debt 5,677 5,039
Deferred income tax liabilities   (91)
Other liabilities 161 96
Total liabilities 6,264 5,404
Stockholders' equity:    
Total stockholders' equity 5,239 5,550
Noncontrolling interests in equity of subsidiaries 2 3
Total liabilities and equity 11,505 10,957
Formula One Group | Common Class C    
Stockholders' equity:    
Common Stock, Value, Issued $ 2 $ 2