Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.20.4
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 2,831 $ 1,222
Trade and other receivables, net 823 767
Other current assets 376 416
Total current assets 4,030 2,405
Investments in affiliates, accounted for using the equity method 1,018 1,625
Property and equipment, at cost 4,017 3,780
Accumulated depreciation (1,778) (1,518)
Property and equipment, net 2,239 2,262
Intangible assets not subject to amortization:    
Goodwill 19,218 19,939
FCC licenses 8,600 8,600
Other 1,385 1,405
Intangible assets not subject to amortization 29,203 29,944
Intangible assets subject to amortization, net 5,378 5,940
Other assets 2,136 2,013
Total assets 44,004 44,189
Current liabilities:    
Accounts payable and accrued liabilities 1,583 1,621
Current portion of debt 743 60
Deferred revenue 2,070 2,113
Other current liabilities 94 94
Total current liabilities 4,490 3,888
Long-term debt 16,686 15,416
Deferred income tax liabilities 2,126 1,913
Other liabilities 1,101 1,047
Total liabilities 24,403 22,264
Stockholders' equity:    
Preferred stock, $.01 par value. Authorized 50,000,000 shares; no shares issued
Additional paid-in capital 2,688 2,575
Accumulated other comprehensive earnings (loss), net of taxes 78 (33)
Retained earnings 12,320 13,748
Total stockholders' equity 15,091 16,295
Noncontrolling interests in equity of subsidiaries 4,510 5,630
Total equity 19,601 21,925
Commitments and contingencies
Total liabilities and equity 44,004 44,189
Liberty SiriusXM Group    
Current assets:    
Cash and cash equivalents 996 493
Trade and other receivables, net 672 670
Other current assets 225 227
Total current assets 1,893 1,390
Investments in affiliates, accounted for using the equity method 886 644
Property and equipment, at cost 2,842 2,686
Accumulated depreciation (1,526) (1,331)
Property and equipment, net 1,316 1,355
Intangible assets not subject to amortization:    
Goodwill 15,082 15,803
FCC licenses 8,600 8,600
Other 1,242 1,262
Intangible assets not subject to amortization 24,924 25,665
Intangible assets subject to amortization, net 1,471 1,603
Other assets 1,334 764
Total assets 32,081 31,421
Current liabilities:    
Accounts payable and accrued liabilities 1,380 1,294
Current portion of debt 475 1
Deferred revenue 1,721 1,930
Other current liabilities 442 72
Total current liabilities 3,996 3,274
Long-term debt 12,525 9,244
Deferred income tax liabilities 2,116 1,890
Other liabilities 689 683
Total liabilities 19,326 15,115
Stockholders' equity:    
Total stockholders' equity 8,250 10,678
Noncontrolling interests in equity of subsidiaries 4,505 5,628
Total liabilities and equity 32,081 31,421
Liberty SiriusXM Group | Common Class A    
Stockholders' equity:    
Common Stock, Value, Issued 1 1
Liberty SiriusXM Group | Common Class C    
Stockholders' equity:    
Common Stock, Value, Issued 2 2
Braves Group    
Current assets:    
Cash and cash equivalents 151 142
Trade and other receivables, net 30 28
Other current assets 63 97
Total current assets 244 267
Investments in affiliates, accounted for using the equity method 94 99
Property and equipment, at cost 977 923
Accumulated depreciation (178) (128)
Property and equipment, net 799 795
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 24 34
Other assets 87 75
Total assets 1,571 1,593
Current liabilities:    
Accounts payable and accrued liabilities 53 63
Current portion of debt 59 59
Deferred revenue 90 70
Other current liabilities 6 5
Total current liabilities 173 188
Long-term debt 611 495
Deferred income tax liabilities 52 61
Other liabilities 218 203
Total liabilities 1,280 1,215
Stockholders' equity:    
Total stockholders' equity 291 378
Total liabilities and equity 1,571 1,593
Formula One Group    
Current assets:    
Cash and cash equivalents 1,684 587
Trade and other receivables, net 121 69
Other current assets 459 92
Total current assets 2,264 748
Investments in affiliates, accounted for using the equity method 38 882
Property and equipment, at cost 198 171
Accumulated depreciation (74) (59)
Property and equipment, net 124 112
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 3,883 4,303
Other assets 757 1,212
Total assets 11,191 11,505
Current liabilities:    
Accounts payable and accrued liabilities 150 264
Current portion of debt 209  
Deferred revenue 259 113
Other current liabilities 17 17
Total current liabilities 692 426
Long-term debt 3,550 5,677
Other liabilities 194 161
Total liabilities 4,636 6,264
Stockholders' equity:    
Total stockholders' equity 6,550 5,239
Noncontrolling interests in equity of subsidiaries 5 2
Total liabilities and equity 11,191 11,505
Formula One Group | Common Class C    
Stockholders' equity:    
Common Stock, Value, Issued $ 2 $ 2