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]

Debt (Tables)

Debt (Tables)

12 Months Ended

Dec. 31, 2025


		Outstanding			Carrying value
		Principal			December 31,			December 31,
		December 31, 2025			2025			2024

		amounts in millions
Corporate level notes and loans:
2.25% Convertible Senior Notes due 2027 (1)		$	475			597		588
Other			24			24		53
Subsidiary notes and loans:
Formula 1 Senior Loan Facilities			3,350			3,331		2,357
MotoGP Credit Facilities			1,173			1,173		—
Deferred financing costs						(25)		(6)
Total debt		$	5,022			5,100		2,992
Debt classified as current						(52)		(26)
Total long-term debt					$	5,048		2,966

(1)

Measured at fair value

Schedule of maturities of outstanding debt

The annual principal maturities of outstanding debt obligations for each of the next five years is as follows (amounts in millions):


2026	$	52
2027	$	558
2028	$	84
2029	$	643
2030	$	195

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details