Financial Information for Tracking Stock Groups - Cash Flows (Details) - USD ($)
$ in Millions |
12 Months Ended |
Dec. 31, 2022 |
Dec. 31, 2021 |
Dec. 31, 2020 |
| Cash flows from operating activities: |
|
|
|
| Net earnings (loss) |
$ 2,029
|
$ 744
|
$ (1,391)
|
| Adjustments to reconcile net earnings to net cash provided by operating activities: |
|
|
|
| Depreciation and amortization |
1,044
|
1,072
|
1,083
|
| Stock-based compensation |
237
|
256
|
261
|
| Non-cash impairment and restructuring costs |
70
|
24
|
1,000
|
| Share of (earnings) loss of affiliates, net |
(99)
|
200
|
586
|
| Realized and unrealized (gains) losses on financial instruments, net |
(599)
|
451
|
402
|
| Noncash interest expense |
26
|
16
|
17
|
| Losses (gains) on dilution of investment in affiliate |
(10)
|
(152)
|
(4)
|
| Loss (gain) on early extinguishment of debt |
(35)
|
80
|
40
|
| Deferred income tax expense (benefit) |
13
|
(41)
|
(95)
|
| Other charges (credits), net |
10
|
2
|
11
|
| Changes in operating assets and liabilities |
|
|
|
| Current and other assets |
(17)
|
(104)
|
(34)
|
| Payables and other liabilities |
(123)
|
(111)
|
(146)
|
| Net cash provided (used) by operating activities |
2,546
|
2,437
|
1,730
|
| Cash flows from investing activities: |
|
|
|
| Subsidiary initial public offering proceeds returned from (invested in) trust account |
579
|
(575)
|
|
| Cash proceeds from dispositions of investments |
167
|
383
|
13
|
| Cash (paid) received for acquisitions, net of cash acquired |
(136)
|
(14)
|
(300)
|
| Investments in equity method affiliates and debt and equity securities |
(58)
|
(252)
|
(113)
|
| Return of investment in equity method affiliates |
38
|
40
|
105
|
| Repayment of loans and other cash receipts from equity method affiliates and debt and equity securities |
2
|
12
|
20
|
| Capital expended for property and equipment, including internal-use software and website development |
(735)
|
(440)
|
(452)
|
| Proceeds from insurance recoveries |
|
225
|
|
| Other investing activities, net |
97
|
(68)
|
(9)
|
| Net cash provided (used) by investing activities |
(46)
|
(689)
|
(736)
|
| Cash flows from financing activities: |
|
|
|
| Borrowings of debt |
6,189
|
6,411
|
4,898
|
| Repayments of debt |
(7,426)
|
(6,287)
|
(2,931)
|
| Repayment of initial public offering proceeds to subsidiary shareholders |
(579)
|
|
|
| Liberty stock repurchases |
(395)
|
(555)
|
(318)
|
| Subsidiary shares repurchased by subsidiary |
(647)
|
(1,523)
|
(1,555)
|
| Proceeds from initial public offering of subsidiary |
|
575
|
|
| Proceeds from Liberty SiriusXM common stock rights offering |
|
|
754
|
| Cash dividends paid by subsidiary |
(249)
|
(58)
|
(64)
|
| Taxes paid in lieu of shares issued for stock-based compensation |
(123)
|
(154)
|
(120)
|
| Other financing activities, net |
82
|
(107)
|
(90)
|
| Net cash provided (used) by financing activities |
(3,148)
|
(1,698)
|
574
|
| Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash |
|
(3)
|
3
|
| Net increase (decrease) in cash, cash equivalents and restricted cash |
(648)
|
47
|
1,571
|
| Cash, cash equivalents and restricted cash at beginning of period |
2,924
|
2,877
|
1,306
|
| Cash, cash equivalents and restricted cash at end of period |
2,276
|
2,924
|
2,877
|
| Liberty SiriusXM Group |
|
|
|
| Cash flows from operating activities: |
|
|
|
| Net earnings (loss) |
1,502
|
875
|
(719)
|
| Adjustments to reconcile net earnings to net cash provided by operating activities: |
|
|
|
| Depreciation and amortization |
611
|
603
|
573
|
| Stock-based compensation |
209
|
215
|
234
|
| Non-cash impairment and restructuring costs |
65
|
24
|
1,000
|
| Share of (earnings) loss of affiliates, net |
(67)
|
253
|
484
|
| Unrealized (gains) losses on intergroup interests, net |
19
|
(121)
|
(125)
|
| Realized and unrealized (gains) losses on financial instruments, net |
(471)
|
433
|
521
|
| Noncash interest expense |
19
|
15
|
12
|
| Losses (gains) on dilution of investment in affiliate |
(10)
|
(152)
|
(4)
|
| Loss (gain) on early extinguishment of debt |
(21)
|
83
|
40
|
| Deferred income tax expense (benefit) |
329
|
(12)
|
40
|
| Intergroup tax allocation |
91
|
9
|
5
|
| Intergroup tax (payments) receipts |
(80)
|
(2)
|
8
|
| Other charges (credits), net |
10
|
(15)
|
2
|
| Changes in operating assets and liabilities |
|
|
|
| Current and other assets |
80
|
(59)
|
32
|
| Payables and other liabilities |
(327)
|
(255)
|
(179)
|
| Net cash provided (used) by operating activities |
1,959
|
1,894
|
1,924
|
| Cash flows from investing activities: |
|
|
|
| Cash proceeds from dispositions of investments |
66
|
177
|
|
| Cash (paid) received for acquisitions, net of cash acquired |
(136)
|
(14)
|
(300)
|
| Investments in equity method affiliates and debt and equity securities |
(1)
|
(73)
|
(96)
|
| Return of investment in equity method affiliates |
1
|
1
|
|
| Repayment of loans and other cash receipts from equity method affiliates and debt and equity securities |
2
|
12
|
20
|
| Capital expended for property and equipment, including internal-use software and website development |
(426)
|
(388)
|
(350)
|
| Proceeds from insurance recoveries |
|
225
|
|
| Other investing activities, net |
1
|
(4)
|
(8)
|
| Net cash provided (used) by investing activities |
(493)
|
(64)
|
(734)
|
| Cash flows from financing activities: |
|
|
|
| Borrowings of debt |
3,150
|
6,294
|
4,149
|
| Repayments of debt |
(3,553)
|
(5,872)
|
(2,203)
|
| Intergroup loan (repayment) borrowing |
78
|
|
(750)
|
| Liberty stock repurchases |
(358)
|
(500)
|
(249)
|
| Subsidiary shares repurchased by subsidiary |
(647)
|
(1,523)
|
(1,555)
|
| Reattribution between Liberty SiriusXM Group and Liberty Formula One Group |
|
|
(608)
|
| Proceeds from Liberty SiriusXM common stock rights offering |
|
|
754
|
| Cash dividends paid by subsidiary |
(249)
|
(58)
|
(64)
|
| Taxes paid in lieu of shares issued for stock-based compensation |
(147)
|
(106)
|
(116)
|
| Settlement of intergroup call spread |
|
(384)
|
|
| Other financing activities, net |
24
|
(83)
|
(47)
|
| Net cash provided (used) by financing activities |
(1,702)
|
(2,232)
|
(689)
|
| Net increase (decrease) in cash, cash equivalents and restricted cash |
(236)
|
(402)
|
501
|
| Cash, cash equivalents and restricted cash at beginning of period |
606
|
1,008
|
507
|
| Cash, cash equivalents and restricted cash at end of period |
370
|
606
|
1,008
|
| Braves Group |
|
|
|
| Cash flows from operating activities: |
|
|
|
| Net earnings (loss) |
(35)
|
(11)
|
(78)
|
| Adjustments to reconcile net earnings to net cash provided by operating activities: |
|
|
|
| Depreciation and amortization |
71
|
72
|
69
|
| Stock-based compensation |
12
|
12
|
6
|
| Non-cash impairment and restructuring costs |
5
|
|
|
| Share of (earnings) loss of affiliates, net |
(32)
|
(30)
|
(6)
|
| Unrealized (gains) losses on intergroup interests, net |
35
|
31
|
(42)
|
| Realized and unrealized (gains) losses on financial instruments, net |
(13)
|
(3)
|
10
|
| Noncash interest expense |
2
|
|
1
|
| Deferred income tax expense (benefit) |
(10)
|
12
|
(10)
|
| Intergroup tax allocation |
18
|
(4)
|
(28)
|
| Intergroup tax (payments) receipts |
8
|
7
|
2
|
| Other charges (credits), net |
1
|
20
|
9
|
| Changes in operating assets and liabilities |
|
|
|
| Current and other assets |
(10)
|
(43)
|
(29)
|
| Payables and other liabilities |
1
|
(1)
|
41
|
| Net cash provided (used) by operating activities |
53
|
62
|
(55)
|
| Cash flows from investing activities: |
|
|
|
| Cash proceeds from dispositions of investments |
48
|
2
|
|
| Investments in equity method affiliates and debt and equity securities |
(5)
|
|
|
| Return of investment in equity method affiliates |
28
|
|
|
| Capital expended for property and equipment, including internal-use software and website development |
(18)
|
(35)
|
(81)
|
| Other investing activities, net |
|
8
|
4
|
| Net cash provided (used) by investing activities |
53
|
(25)
|
(77)
|
| Cash flows from financing activities: |
|
|
|
| Borrowings of debt |
155
|
117
|
228
|
| Repayments of debt |
(309)
|
(93)
|
(114)
|
| Intergroup loan (repayment) borrowing |
(14)
|
|
|
| Taxes paid in lieu of shares issued for stock-based compensation |
|
|
(1)
|
| Other financing activities, net |
(9)
|
(2)
|
(8)
|
| Net cash provided (used) by financing activities |
(177)
|
22
|
105
|
| Net increase (decrease) in cash, cash equivalents and restricted cash |
(71)
|
59
|
(27)
|
| Cash, cash equivalents and restricted cash at beginning of period |
244
|
185
|
212
|
| Cash, cash equivalents and restricted cash at end of period |
173
|
244
|
185
|
| Formula One Group |
|
|
|
| Cash flows from operating activities: |
|
|
|
| Net earnings (loss) |
562
|
(120)
|
(594)
|
| Adjustments to reconcile net earnings to net cash provided by operating activities: |
|
|
|
| Depreciation and amortization |
362
|
397
|
441
|
| Stock-based compensation |
16
|
29
|
21
|
| Share of (earnings) loss of affiliates, net |
|
(23)
|
108
|
| Unrealized (gains) losses on intergroup interests, net |
(54)
|
90
|
167
|
| Realized and unrealized (gains) losses on financial instruments, net |
(115)
|
21
|
(129)
|
| Noncash interest expense |
5
|
1
|
4
|
| Loss (gain) on early extinguishment of debt |
(14)
|
(3)
|
|
| Deferred income tax expense (benefit) |
(306)
|
(41)
|
(125)
|
| Intergroup tax allocation |
(109)
|
(5)
|
23
|
| Intergroup tax (payments) receipts |
72
|
(5)
|
(10)
|
| Other charges (credits), net |
(1)
|
(3)
|
|
| Changes in operating assets and liabilities |
|
|
|
| Current and other assets |
(87)
|
(2)
|
(37)
|
| Payables and other liabilities |
203
|
145
|
(8)
|
| Net cash provided (used) by operating activities |
534
|
481
|
(139)
|
| Cash flows from investing activities: |
|
|
|
| Subsidiary initial public offering proceeds returned from (invested in) trust account |
579
|
(575)
|
|
| Cash proceeds from dispositions of investments |
53
|
204
|
13
|
| Investments in equity method affiliates and debt and equity securities |
(52)
|
(179)
|
(17)
|
| Return of investment in equity method affiliates |
9
|
39
|
105
|
| Capital expended for property and equipment, including internal-use software and website development |
(291)
|
(17)
|
(21)
|
| Other investing activities, net |
96
|
(72)
|
(5)
|
| Net cash provided (used) by investing activities |
394
|
(600)
|
75
|
| Cash flows from financing activities: |
|
|
|
| Borrowings of debt |
2,884
|
|
521
|
| Repayments of debt |
(3,564)
|
(322)
|
(614)
|
| Repayment of initial public offering proceeds to subsidiary shareholders |
(579)
|
|
|
| Intergroup loan (repayment) borrowing |
(64)
|
|
750
|
| Liberty stock repurchases |
(37)
|
(55)
|
(69)
|
| Reattribution between Liberty SiriusXM Group and Liberty Formula One Group |
|
|
608
|
| Proceeds from initial public offering of subsidiary |
|
575
|
|
| Taxes paid in lieu of shares issued for stock-based compensation |
24
|
(48)
|
(3)
|
| Settlement of intergroup call spread |
|
384
|
|
| Other financing activities, net |
67
|
(22)
|
(35)
|
| Net cash provided (used) by financing activities |
(1,269)
|
512
|
1,158
|
| Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash |
|
(3)
|
3
|
| Net increase (decrease) in cash, cash equivalents and restricted cash |
(341)
|
390
|
1,097
|
| Cash, cash equivalents and restricted cash at beginning of period |
2,074
|
1,684
|
587
|
| Cash, cash equivalents and restricted cash at end of period |
$ 1,733
|
$ 2,074
|
$ 1,684
|