Annual report [Section 13 and 15(d), not S-K Item 405]

Goodwill and Intangible Assets (Tables)

v3.25.0.1
Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Other Intangible Assets  
Goodwill

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Formula 1

    

Other

    

Total

 

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amounts in millions

​

Balance at January 1, 2023

$

3,956

​

176

​

4,132

​

Atlanta Braves Holdings Split-Off

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—

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(176)

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(176)

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Balance at December 31, 2023

​

3,956

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—

​

3,956

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Acquisition of QuintEvents

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—

​

252

​

252

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Impairments

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—

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(73)

​

(73)

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Other

​

—

​

(1)

​

(1)

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Balance at December 31, 2024

$

3,956

​

178

​

4,134

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Schedule of intangible assets subject to amortization

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December 31, 2024

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December 31, 2023

 

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Gross

    

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Net

    

Gross

    

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Net

 

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carrying

​

Accumulated

​

carrying

​

carrying

​

Accumulated

​

carrying

 

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amount

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amortization

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amount

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amount

​

amortization

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amount

 

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amounts in millions

 

FIA Agreement

​

$

3,630

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(1,473)

​

2,157

​

3,630

​

(1,304)

​

2,326

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Customer relationships

​

​

1,854

 

(1,441)

 

413

 

1,854

 

(1,349)

 

505

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Other

​

 

381

 

(262)

 

119

 

255

 

(228)

 

27

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Total

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$

5,865

 

(3,176)

 

2,689

 

5,739

 

(2,881)

 

2,858

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Schedule of future amortization expense

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2025

    

$

249

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2026

​

$

237

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2027

​

$

221

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2028

​

$

203

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2029

​

$

186

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