Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 1,801 $ 1,222
Trade and other receivables, net 700 767
Other current assets 488 416
Total current assets 2,989 2,405
Investments in affiliates, accounted for using the equity method 1,442 1,625
Property and equipment, at cost 3,803 3,780
Accumulated depreciation (1,558) (1,518)
Property and equipment, net 2,245 2,262
Intangible assets not subject to amortization:    
Goodwill 19,939 19,939
FCC licenses 8,600 8,600
Other 1,405 1,405
Intangible assets not subject to amortization 29,944 29,944
Intangible assets subject to amortization, net 5,790 5,940
Other assets 1,508 2,013
Total assets 43,918 44,189
Current liabilities:    
Accounts payable and accrued liabilities 1,308 1,621
Current portion of debt 590 60
Deferred revenue 2,585 2,113
Other current liabilities 101 94
Total current liabilities 4,584 3,888
Long-term debt 14,553 15,416
Deferred income tax liabilities 1,964 1,913
Other liabilities 1,115 1,047
Total liabilities 22,216 22,264
Stockholders' equity:    
Preferred stock, $.01 par value. Authorized 50,000,000 shares; no shares issued
Additional paid-in capital 2,371 2,575
Accumulated other comprehensive earnings (loss), net of taxes 120 (33)
Retained earnings 13,671 13,748
Total stockholders' equity 16,167 16,295
Noncontrolling interests in equity of subsidiaries 5,535 5,630
Total equity 21,702 21,925
Commitments and contingencies (note 10)
Total liabilities and equity 43,918 44,189
Liberty SiriusXM Group    
Current assets:    
Cash and cash equivalents 386  
Trade and other receivables, net 604  
Other current assets 239  
Total current assets 1,229  
Investments in affiliates, accounted for using the equity method 670 644
Property and equipment, at cost 2,689  
Accumulated depreciation (1,359)  
Property and equipment, net 1,330  
Intangible assets not subject to amortization:    
Goodwill 15,803  
FCC licenses 8,600  
Other 1,262  
Intangible assets not subject to amortization 25,665  
Intangible assets subject to amortization, net 1,555  
Other assets 659  
Total assets 31,108  
Current liabilities:    
Accounts payable and accrued liabilities 1,107  
Current portion of debt 1  
Deferred revenue 1,923  
Other current liabilities 75  
Total current liabilities 3,087  
Long-term debt 9,070  
Deferred income tax liabilities 1,947  
Other liabilities 665  
Total liabilities 14,831  
Stockholders' equity:    
Total stockholders' equity 10,745  
Noncontrolling interests in equity of subsidiaries 5,532  
Total liabilities and equity 31,108  
Liberty SiriusXM Group | Common Class A    
Stockholders' equity:    
Common Stock, Value, Issued 1 1
Liberty SiriusXM Group | Common Class B    
Stockholders' equity:    
Common Stock, Value, Issued
Liberty SiriusXM Group | Common Class C    
Stockholders' equity:    
Common Stock, Value, Issued 2 2
Braves Group    
Current assets:    
Cash and cash equivalents 321  
Trade and other receivables, net 30  
Other current assets 26  
Total current assets 377  
Investments in affiliates, accounted for using the equity method 101 99
Property and equipment, at cost 945  
Accumulated depreciation (141)  
Property and equipment, net 804  
Intangible assets not subject to amortization:    
Goodwill 180  
Other 143  
Intangible assets not subject to amortization 323  
Intangible assets subject to amortization, net 33  
Other assets 77  
Total assets 1,715  
Current liabilities:    
Accounts payable and accrued liabilities 51  
Current portion of debt 114  
Deferred revenue 108  
Other current liabilities 5  
Total current liabilities 265  
Long-term debt 580  
Deferred income tax liabilities 49  
Other liabilities 221  
Total liabilities 1,288  
Stockholders' equity:    
Total stockholders' equity 427  
Total liabilities and equity 1,715  
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 1,094  
Trade and other receivables, net 66  
Other current assets 223  
Total current assets 1,383  
Investments in affiliates, accounted for using the equity method 671 882
Property and equipment, at cost 169  
Accumulated depreciation (58)  
Property and equipment, net 111  
Intangible assets not subject to amortization:    
Goodwill 3,956  
Intangible assets not subject to amortization 3,956  
Intangible assets subject to amortization, net 4,202  
Other assets 804  
Total assets 11,362  
Current liabilities:    
Accounts payable and accrued liabilities 150  
Current portion of debt 475  
Deferred revenue 554  
Other current liabilities 21  
Total current liabilities 1,232  
Long-term debt 4,903  
Other liabilities 229  
Total liabilities 6,364  
Stockholders' equity:    
Total stockholders' equity 4,995  
Noncontrolling interests in equity of subsidiaries 3  
Total liabilities and equity 11,362  
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