Quarterly report pursuant to Section 13 or 15(d)

Investments In Affiliates Accounted For Using The Equity Method (Tables)

v3.20.2
Investments In Affiliates Accounted For Using The Equity Method (Tables)
9 Months Ended
Sep. 30, 2020
Schedule Of Equity Ownership And Carrying Amount

September 30, 2020

December 31, 2019

    

Percentage

    

Fair Value

    

Carrying

    

Carrying

 

ownership

(Level 1)

amount

amount

dollar amounts in millions

Liberty SiriusXM Group

Live Nation (a)

33

%

$

3,752

$

289

NA

Sirius XM Canada

70

%

$

NA

617

 

636

Other

NA

80

8

Total Liberty SiriusXM Group

986

644

Braves Group

Other

various

NA

87

99

Total Braves Group

87

99

Formula One Group

Live Nation (a)

NA

 

746

Other

 

various

 

NA

 

33

 

136

Total Formula One Group

33

882

Consolidated Liberty

$

1,106

 

1,625

(a) Liberty’s interest in Live Nation was reattributed from the Formula One Group to the Liberty SiriusXM Group effective April 22, 2020. See note 9 for details regarding the number and fair value of shares pledged as collateral as of September 30, 2020 pursuant to the Live Nation Margin Loan.
Schedule Of Liberty's Share Of Earnings (Losses) Of Affiliates

Three months ended

Nine months ended

September 30,

September 30,

    

2020

    

2019

    

2020

    

2019

 

amounts in millions

Liberty SiriusXM Group

Live Nation (a)

$

(177)

NA

(321)

NA

Sirius XM Canada

 

 

8

 

2

Other

(6)

(7)

(18)

(20)

Total Liberty SiriusXM Group

(183)

(7)

(331)

(18)

Braves Group

Other

(5)

 

4

(2)

13

Total Braves Group

(5)

4

(2)

13

Formula One Group

Live Nation (a)

 

NA

 

54

 

(112)

 

61

Other

 

1

 

4

 

3

 

13

Total Formula One Group

1

58

(109)

74

Consolidated Liberty

$

(187)

 

55

 

(442)

 

69

(a) Liberty’s interest in Live Nation was reattributed from the Formula One Group to the Liberty SiriusXM Group effective April 22, 2020.