Annual report pursuant to Section 13 and 15(d)

Financial Information for Tracking Stock Groups - Statement of Operations (Details)

v3.6.0.2
Financial Information for Tracking Stock Groups - Statement of Operations (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenue:                      
Subscriber revenue                 $ 4,194 $ 3,807 $ 3,514
Other revenue                 1,082 988 936
Total Revenue $ 1,321 $ 1,385 $ 1,366 $ 1,204 $ 1,208 $ 1,284 $ 1,222 $ 1,081 5,276 4,795 4,450
Revenue share and royalties                 1,109 1,035 810
Programming and content                 354 267 262
Customer service and billing                 387 380 373
Other                 144 141 135
Subscriber acquisition costs                 513 533 493
Other operating expense                 306 262 304
Selling, general and administrative                 886 861 873
Legal settlement, net                 (511)    
Depreciation and amortization                 354 362 359
Total operating costs and expenses                 3,542 3,841 3,609
Operating income (loss) 273 352 328 781 217 321 171 245 1,734 954 841
Other income (expense):                      
Interest expense                 (362) (328) (255)
Share of earnings (losses) of affiliates, net                 14 (40) (113)
Realized and unrealized gains (losses) on financial instruments, net                 37 (140) 38
Other, net                 (4) 12 (50)
Total other income (expense)                 (315) (496) (380)
Earnings (loss) from continuing operations before income taxes                 1,419 458 461
Income tax (expense) benefit                 (495) (210) (66)
Net earnings (loss) 186 169 142 $ 427 89 41 99 19 924 248 395
Less net earnings (losses) attributable to the noncontrolling interests                 244 184 217
Net earnings (loss) attributable to Liberty stockholders         $ 44 $ (22) $ 61 $ (19) 680 64 178
Net earnings (loss) attributable to Liberty stockholders                 680    
Liberty Sirius XM Group                      
Revenue:                      
Subscriber revenue                 4,194 3,807 3,514
Other revenue                 820 745 627
Total Revenue                 5,014 4,552 4,141
Revenue share and royalties                 1,109 1,035 810
Programming and content                 354 267 262
Customer service and billing                 387 380 373
Other                 144 141 135
Subscriber acquisition costs                 513 533 493
Other operating expense                 82 73 71
Selling, general and administrative                 761 728 679
Depreciation and amortization                 312 322 314
Total operating costs and expenses                 3,662 3,479 3,137
Operating income (loss)                 1,352 1,073 1,004
Other income (expense):                      
Interest expense                 (342) (307) (234)
Share of earnings (losses) of affiliates, net                 13 (1) 5
Other, net                 (25)    
Total other income (expense)                 (354) (308) (229)
Earnings (loss) from continuing operations before income taxes                 998 765 775
Income tax (expense) benefit                 (341) (322) (327)
Net earnings (loss)                 657 443 448
Less net earnings (losses) attributable to the noncontrolling interests                 244 184 217
Net earnings (loss) attributable to Liberty stockholders 119 96 82           297 259 231
Net earnings (loss) attributable to Liberty stockholders                 413    
Liberty Braves Group                      
Revenue:                      
Other revenue                 262 243 250
Total Revenue                 262 243 250
Other operating expense                 224 189 210
Selling, general and administrative                 67 61 58
Depreciation and amortization                 32 31 29
Total operating costs and expenses                 323 281 297
Operating income (loss)                 (61) (38) (47)
Other income (expense):                      
Interest expense                 (1) (1)  
Share of earnings (losses) of affiliates, net                 9 9 10
Unrealized gains losses on intergroup interest                 27    
Realized and unrealized gains (losses) on financial instruments, net                 1    
Total other income (expense)                 (18) 8 10
Earnings (loss) from continuing operations before income taxes                 (79) (30) (37)
Income tax (expense) benefit                 17 10 13
Net earnings (loss)                 (62) (20) (24)
Net earnings (loss) attributable to Liberty stockholders (40) (22) 32           (30) (20) (24)
Net earnings (loss) attributable to Liberty stockholders                 (62)    
Liberty Formula One Group                      
Revenue:                      
Other revenue                     59
Total Revenue                     59
Other operating expense                     23
Selling, general and administrative                 58 72 136
Legal settlement, net                 (511)    
Depreciation and amortization                 10 9 16
Total operating costs and expenses                 (443) 81 175
Operating income (loss)                 443 (81) (116)
Other income (expense):                      
Interest expense                 (19) (20) (21)
Share of earnings (losses) of affiliates, net                 (8) (48) (128)
Unrealized gains losses on intergroup interest                 (27)    
Realized and unrealized gains (losses) on financial instruments, net                 36 (140) 38
Other, net                 21 12 (50)
Total other income (expense)                 57 (196) (161)
Earnings (loss) from continuing operations before income taxes                 500 (277) (277)
Income tax (expense) benefit                 (171) 102 248
Net earnings (loss)                 329 (175) (29)
Net earnings (loss) attributable to Liberty stockholders $ 40 $ 41 $ (45)           36 $ (175) $ (29)
Net earnings (loss) attributable to Liberty stockholders                 $ 329