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

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

Supplemental Disclosures to Consolidated Statements of Cash Flows

Supplemental Disclosures to Consolidated Statements of Cash Flows

12 Months Ended

Dec. 31, 2025

Supplemental Disclosures to Consolidated Statements of Cash Flows

Supplemental Disclosures to Consolidated Statements of Cash Flows

(5) Supplemental Disclosures to Consolidated Statements of Cash Flows


	Years ended December 31,
	2025		2024	2023

	amounts in millions
Cash paid for acquisitions:
Fair value of assets acquired	$	(15)	59	—
Intangibles not subject to amortization		3,062	252	—
Intangibles subject to amortization		2,789	113	—
Net liabilities assumed		(1,207)	(198)	—
Deferred tax liabilities		(671)	(21)	—
Redeemable noncontrolling interests in equity of subsidiary		(691)	—	—
Cash paid (received) for acquisitions, net of cash acquired	$	3,267	205	—

Cash paid for interest, net of amounts capitalized	$	232	188	218

Cash paid for income taxes, net:
Federal
United States	$	20	54	135
State and local
Colorado		—	—	1
Foreign
United Kingdom		70	62	25
Spain		22	—	—
Italy		6	6	6
Germany		(4)	—	(11)
Other		9	(1)	3
Total cash paid for income taxes, net	$	123	121	159

The following table reconciles cash and cash equivalents and restricted cash reported in our consolidated balance sheets to the total amount presented in our consolidated statements of cash flows:


	December 31,
	2025		2024	2023

	amounts in millions
Cash and cash equivalents	$	1,055	2,631	1,408
Cash and cash equivalents included in current assets of discontinued operations		—	325	611
Restricted cash included in other current assets		—	7	—
Restricted cash included in noncurrent assets of discontinued operations		—	—	9
Total cash, cash equivalents and restricted cash at end of period	$	1,055	2,963	2,028