Annual report pursuant to Section 13 and 15(d)

Other Comprehensive Earnings (loss)

v2.4.0.6
Other Comprehensive Earnings (loss)
 12 Months Ended
Dec. 31, 2012
Other Comprehensive Earnings (Loss) [Abstract]  
Comprehensive Income (Loss) Note [Text Block]
Other Comprehensive Earnings (Loss)
 Accumulated other comprehensive earnings (loss) included in Liberty's consolidated balance sheets and consolidated statements of equity reflect the aggregate of foreign currency translation adjustments, unrealized holding gains and losses on AFS securities and Liberty's share of accumulated other comprehensive earnings of affiliates.
 The change in the components of accumulated other comprehensive earnings (loss), net of taxes ("AOCI"), is summarized as follows:
 
Unrealized
holding
gains (losses)
on securities
 
Other
 
AOCI
 
amounts in millions
Balance at January 1, 2010
42

 
(7
)
 
35

 
Other comprehensive loss attributable to Liberty Media Corporation stockholders
18

 
1

 
19

Balance at December 31, 2010
60

 
(6
)
 
54

 
Other comprehensive earnings (loss) attributable to Liberty Media Corporation stockholders
(24
)
 
(1
)
 
(25
)
Balance at December 31, 2011
36

 
(7
)
 
29

 
Other comprehensive earnings (loss) attributable to Liberty Media Corporation stockholders
(16
)
 
(1
)
 
(17
)
Balance at December 31, 2012
20

 
(8
)
 
12


The components of other comprehensive earnings (loss) are reflected in Liberty's consolidated statements of comprehensive earnings (loss) net of taxes. The following table summarizes the tax effects related to each component of other comprehensive earnings (loss).
 
 
Before-tax
amount
 
Tax
(expense)
benefit
 
Net-of-tax
amount
 
amounts in millions
Year ended December 31, 2012:
 
 
 
 
 
Unrealized holding gains (losses) on securities arising during period
(5
)
 
2

 
(3
)
Reclassification adjustment for holding (gains) losses realized in net earnings (loss)
(21
)
 
8

 
(13
)
Other
(2
)
 
1

 
(1
)
 
Other comprehensive earnings
(28
)
 
11

 
(17
)
Year ended December 31, 2011:
 
 
 
 
 
Unrealized holding gains on securities arising during period
(39
)
 
15

 
(24
)
Share of earnings (loss) from equity method affiliates
3

 
(1
)
 
2

Other
(5
)
 
2

 
(3
)
 
Other comprehensive earnings
(41
)
 
16

 
(25
)
Year ended December 31, 2010:
 
 
 
 
 
Unrealized holding losses on securities arising during period
14

 
(5
)
 
9

Reclassification adjustment for holding (gains) losses realized in net earnings (loss)
(34
)
 
13

 
(21
)
Reattribution of other comprehensive earnings between tracking stocks
48

 
(18
)
 
30

Other
2

 
(1
)
 
1

 
Other comprehensive loss
30

 
(11
)
 
19