Quarterly report pursuant to Section 13 or 15(d)

Information About Liberty's Operating Segments (Tables)

v3.24.3
Information About Liberty's Operating Segments (Tables)
9 Months Ended
Sep. 30, 2024
Information About Liberty's Operating Segments  
Schedule of revenue disaggregated by segment and by source

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Three months ended

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Nine months ended

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September 30,

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September 30,

​

​

    

2024

    

2023

    

2024

    

2023

 

​

​

amounts in millions

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Formula One Group

​

​

​

​

​

​

​

​

​

​

Formula 1:

​

​

​

​

​

​

​

​

​

​

Primary

​

$

758

​

790

​

1,960

​

1,722

​

Other

​

​

103

​

97

​

325

​

270

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Corporate and other

​

​

70

​

—

​

255

​

—

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Intergroup elimination

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​

(20)

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—

​

(54)

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—

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Total Formula One Group

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​

911

​

887

​

2,486

​

1,992

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Braves Group

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​

 

​

 

​

 

​

​

Corporate and other:

​

 

​

 

​

 

​

 

​

​

Baseball

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NA

 

46

 

NA

 

318

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Mixed-Use Development

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NA

 

3

 

NA

 

32

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Total Braves Group

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​

NA

​

49

​

NA

​

350

​

Consolidated Liberty

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$

911

​

936

 

2,486

 

2,342

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Schedule of adjusted OIBDA

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​

​

​

​

​

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Three months ended

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Nine months ended

​

​

​

September 30,

​

September 30,

​

​

    

2024

    

2023

    

2024

    

2023

 

​

​

amounts in millions

​

Formula One Group

​

 

​

​

​

​

​

 

​

​

Formula 1

​

$

221

 

215

 

589

 

487

​

Corporate and other

​

​

(14)

 

(18)

​

(15)

​

(44)

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Total Formula One Group

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​

207

 

197

​

574

​

443

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Liberty Live Group

​

​

​

​

​

​

​

​

​

​

Corporate and other

​

 

(2)

 

(4)

 

(4)

 

(4)

​

Total Liberty Live Group

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(2)

 

(4)

 

(4)

 

(4)

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Braves Group

​

​

​

​

​

​

​

​

​

​

Corporate and other

​

 

NA

 

3

 

NA

 

14

​

Total Braves Group

​

 

NA

 

3

 

NA

 

14

​

Consolidated Liberty

​

$

205

 

196

 

570

 

453

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Schedule of other information by segment

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September 30, 2024

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​

    

Total

    

Investments

 

​

​

assets

​

in affiliates

​

​

​

amounts in millions

​

Formula One Group

​

​

​

​

​

​

Formula 1

​

$

9,324

​

1

​

Corporate and other

​

 

2,798

 

34

​

Intergroup elimination

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​

(142)

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—

​

Total Formula One Group

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​

11,980

​

35

​

Liberty Live Group

​

​

​

​

​

​

Corporate and other

​

​

1,255

​

448

​

Total Liberty Live Group

​

​

1,255

​

448

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Elimination

​

​

(27)

​

—

​

Consolidated Liberty

​

$

13,208

 

483

​

​

Schedule Of reconciliation of adjusted OIBDA to operating income (loss) and earnings (loss) before income taxes

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Three months ended

​

Nine months ended

​

​

​

September 30,

​

September 30,

​

​

    

2024

    

2023

    

2024

    

2023

 

​

​

amounts in millions

​

Adjusted OIBDA

​

$

205

 

196

 

570

 

453

​

Impairment and acquisition costs

​

​

(3)

​

—

​

(23)

​

(1)

​

Stock-based compensation

​

 

(7)

 

(6)

 

(27)

 

(22)

​

Depreciation and amortization

​

 

(88)

 

(89)

 

(263)

 

(291)

​

Operating income (loss)

​

​

107

​

101

​

257

​

139

​

Interest expense

​

 

(62)

 

(62)

 

(184)

 

(188)

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Share of earnings (losses) of affiliates, net

​

 

116

 

143

 

175

 

228

​

Realized and unrealized gains (losses) on financial instruments, net

​

 

(55)

 

39

 

11

 

(45)

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Unrealized gains (losses) on intergroup interests

​

​

—

 

(4)

 

—

 

(68)

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Other, net

​

 

29

 

(19)

 

76

 

12

​

Earnings (loss) from continuing operations before income taxes

​

$

135

 

198

 

335

 

78

​

​