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

Three months ended

    

Six months ended

June 30, 2024

June 30, 2024

amounts in millions

Revenue

$

2,178

 

 

4,340

 

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

1,023

2,060

Operating expense

 

163

 

 

339

 

Selling, general and administrative

 

361

 

 

733

 

Impairment, restructuring and acquisition costs

4

17

Depreciation and amortization

 

156

 

 

311

 

 

1,707

 

 

3,460

 

Operating income (loss)

 

471

 

 

880

 

Other income (expense):

Interest expense

 

(126)

 

 

(255)

 

Other, net

 

85

 

 

114

 

 

(41)

 

 

(141)

 

Earnings (loss) from discontinued operations before income taxes

 

430

 

 

739

 

Income tax (expense) benefit

 

(81)

 

 

(149)

 

Net earnings (loss) from discontinued operations

 

349

 

 

590

 

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

 

50

 

 

92

 

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

$

299

 

 

498