Quarterly report [Sections 13 or 15(d)]

Information About Liberty's Operating Segments - Performance Measures (Details)

v3.25.2
Information About Liberty's Operating Segments - Performance Measures (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue $ 1,341 $ 988 $ 1,788 $ 1,575
Operating expenses:        
Team payments   (435)   (598)
Team payments, excluding Concorde incentive payments (513)   (627)  
Other cost of revenue (354) (298) (515) (440)
Selling, general and administrative, excluding stock-based compensation (110) (91) (213) (172)
Adjusted OIBDA 364 164 433 365
Primary        
Revenue 1,032 739 1,351 1,202
Other        
Revenue 309 249 437 373
Operating Segments | Formula 1        
Revenue 1,226 871 1,629 1,424
Operating expenses:        
Team payments   (435)   (598)
Team payments, excluding Concorde incentive payments (513)   (627)  
Other cost of revenue (274) (210) (402) (333)
Selling, general and administrative, excluding stock-based compensation (78) (66) (154) (125)
Adjusted OIBDA 361 160 446 368
Operating Segments | Primary | Formula 1        
Revenue 1,032 739 1,351 1,202
Operating Segments | Other | Formula 1        
Revenue 194 132 278 222
Corporate and Other        
Revenue 145 141 198 185
Operating expenses:        
Other cost of revenue (110) (112) (152) (141)
Selling, general and administrative, excluding stock-based compensation (32) (25) (59) (47)
Adjusted OIBDA 3 4 (13) (3)
Corporate and Other | Other        
Revenue 145 141 198 185
Eliminations        
Revenue (30) (24) (39) (34)
Operating expenses:        
Other cost of revenue 30 24 39 34
Eliminations | Other        
Revenue $ (30) $ (24) $ (39) $ (34)