Quarterly report [Sections 13 or 15(d)]

Discontinued Operations (Tables)

v3.25.3
Discontinued Operations (Tables)
9 Months Ended
Sep. 30, 2025
Discontinued Operations  
Schedule of income statement of discontinued operations

Three months ended

    

Nine months ended

September 30, 2024

September 30, 2024

amounts in millions

Revenue

$

1,664

 

 

6,004

 

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

792

2,852

Operating expense

 

122

 

 

461

 

Selling, general and administrative

 

297

 

 

1,030

 

Impairment, restructuring and acquisition costs

3,322

3,339

Depreciation and amortization

 

110

 

 

421

 

 

4,643

 

 

8,103

 

Operating income (loss)

 

(2,979)

 

 

(2,099)

 

Other income (expense):

Interest expense

 

(94)

 

 

(349)

 

Other, net

 

8

 

 

122

 

 

(86)

 

 

(227)

 

Earnings (loss) from discontinued operations before income taxes

 

(3,065)

 

 

(2,326)

 

Income tax (expense) benefit

 

63

 

 

(86)

 

Net earnings (loss) from discontinued operations

 

(3,002)

 

 

(2,412)

 

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

 

(502)

 

 

(410)

 

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

$

(2,500)

 

 

(2,002)