Quarterly report [Sections 13 or 15(d)]

Discontinued Operations (Tables)

v3.25.2
Discontinued Operations (Tables)
6 Months Ended
Jun. 30, 2025
Discontinued Operations  
Schedule of income statement of discontinued operations

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Three months ended

    

Six months ended

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June 30, 2024

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June 30, 2024

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amounts in millions

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Revenue

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$

2,178

 

 

4,340

 

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Cost of Sirius XM Holdings services (exclusive of depreciation shown separately below)

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1,023

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2,060

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Operating expense

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163

 

 

339

 

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Selling, general and administrative

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361

 

 

733

 

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Impairment, restructuring and acquisition costs

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4

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17

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Depreciation and amortization

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156

 

 

311

 

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1,707

 

 

3,460

 

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Operating income (loss)

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471

 

 

880

 

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Other income (expense):

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Interest expense

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(126)

 

 

(255)

 

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Other, net

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85

 

 

114

 

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(41)

 

 

(141)

 

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Earnings (loss) from discontinued operations before income taxes

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430

 

 

739

 

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Income tax (expense) benefit

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(81)

 

 

(149)

 

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Net earnings (loss) from discontinued operations

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349

 

 

590

 

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Less net earnings (loss) from discontinued operations attributable to the noncontrolling interests

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50

 

 

92

 

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Net earnings (loss) from discontinued operations attributable to Liberty stockholders

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$

299

 

 

498

 

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