Quarterly report pursuant to Section 13 or 15(d)

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

v3.21.2
Investments In Affiliates Accounted For Using The Equity Method (Tables)
6 Months Ended
Jun. 30, 2021
Schedule Of Equity Ownership And Carrying Amount

June 30, 2021

December 31, 2020

    

Percentage

    

Fair Value

    

Carrying

    

Carrying

 

ownership

(Level 1)

amount

amount

dollar amounts in millions

Liberty SiriusXM Group

Live Nation (a)

32

%

$

6,100

$

163

Sirius XM Canada

70

%

$

NA

667

 

643

Other

NA

79

80

Total Liberty SiriusXM Group

746

886

Braves Group

Other

various

NA

102

94

Total Braves Group

102

94

Formula One Group

Other

 

various

 

NA

 

33

 

38

Total Formula One Group

33

38

Consolidated Liberty

$

881

 

1,018

(a) See note 8 for details regarding the number and fair value of shares pledged as collateral as of June 30, 2021 pursuant to Liberty’s margin loan secured by shares of Live Nation (the “Live Nation Margin Loan”).
Schedule Of Liberty's Share Of Earnings (Losses) Of Affiliates

Three months ended

Six months ended

June 30,

June 30,

    

2021

    

2020

    

2021

    

2020

 

amounts in millions

Liberty SiriusXM Group

Live Nation (a)

$

(67)

(144)

(178)

(144)

Sirius XM Canada

3

 

4

 

7

 

8

Other

(6)

(6)

(12)

(12)

Total Liberty SiriusXM Group

(70)

(146)

(183)

(148)

Braves Group

Other

8

 

(1)

11

3

Total Braves Group

8

(1)

11

3

Formula One Group

Live Nation (a)

 

NA

 

(46)

 

NA

 

(112)

Other

 

14

 

 

29

 

2

Total Formula One Group

14

(46)

29

(110)

Consolidated Liberty

$

(48)

 

(193)

 

(143)

 

(255)

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