Â鶹×îгöÆ·

Quarterly report pursuant to Section 13 or 15(d)

Financial Information for Tracking Stock Groups - Cash Flows (Details)

v3.20.2
Financial Information for Tracking Stock Groups - Cash Flows (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Jun. 05, 2020
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities: Ìý Ìý Ìý Ìý Ìý
Net earnings (loss) Ìý $ (43) $ 262 $ (303) $ 327
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý Ìý
Depreciation and amortization Ìý 279 271 812 790
Stock-based compensation Ìý Ìý Ìý 180 238
Share of (earnings) loss of affiliates, net Ìý 187 (55) 442 (69)
Realized and unrealized (gains) losses on financial instruments, net Ìý (16) (14) 163 171
Deferred income tax expense (benefit) Ìý Ìý Ìý (43) 196
Other charges (credits), net Ìý Ìý Ìý 85 68
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý Ìý (148) (61)
Payables and other liabilities Ìý Ìý Ìý (132) 110
Net cash provided (used) by operating activities Ìý Ìý Ìý 1,056 1,770
Cash flows from investing activities: Ìý Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý Ìý (94) (25)
Return of investment in equity method affiliates Ìý Ìý Ìý 105 Ìý
Cash proceeds from sale of investments Ìý Ìý Ìý 13 389
Cash (paid) received for acquisitions, net of cash acquired Ìý Ìý Ìý (28) 313
Capital expended for property and equipment, including internal-use software and website development Ìý Ìý Ìý (316) (338)
Sales of short term investments and other marketable securities Ìý Ìý Ìý Ìý 73
Other investing activities, net Ìý Ìý Ìý 11 (2)
Net cash provided (used) by investing activities Ìý Ìý Ìý (309) 410
Cash flows from financing activities: Ìý Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý Ìý 3,038 5,018
Repayments of debt Ìý Ìý Ìý (2,595) (4,345)
Â鶹×îгöÆ· SiriusXM common stock repurchases Ìý Ìý Ìý (204) (374)
Subsidiary shares repurchased by subsidiary Ìý Ìý Ìý (870) (1,959)
Proceeds from Â鶹×îгöÆ· SiriusXM common stock rights offering $ 754 Ìý Ìý 754 Ìý
Cash dividends paid by subsidiary Ìý Ìý Ìý (49) (52)
Taxes paid in lieu of shares issued for stock-based compensation Ìý Ìý Ìý (86) (101)
Other financing activities, net Ìý Ìý Ìý (66) (41)
Net cash provided (used) by financing activities Ìý Ìý Ìý (78) (1,854)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash Ìý Ìý Ìý (1) (5)
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý Ìý 668 321
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý Ìý 1,306 452
Cash, cash equivalents and restricted cash at end of period Ìý 1,974 773 1,974 773
Â鶹×îгöÆ· SiriusXM Group Ìý Ìý Ìý Ìý Ìý
Cash flows from operating activities: Ìý Ìý Ìý Ìý Ìý
Net earnings (loss) Ìý 80 208 348 543
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý Ìý
Depreciation and amortization Ìý 142 135 432 396
Stock-based compensation Ìý Ìý Ìý 173 204
Share of (earnings) loss of affiliates, net Ìý 183 7 331 18
Unrealized (gains) losses on intergroup interests, net Ìý (25) Ìý (92) Ìý
Realized and unrealized (gains) losses on financial instruments, net Ìý 39 10 228 (6)
Deferred income tax expense (benefit) Ìý Ìý Ìý 33 232
Intergroup tax allocation Ìý Ìý Ìý 4 1
Intergroup tax (payments) receipts Ìý Ìý Ìý Ìý (2)
Other charges (credits), net Ìý Ìý Ìý 73 63
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý Ìý 150 14
Payables and other liabilities Ìý Ìý Ìý (301) (26)
Net cash provided (used) by operating activities Ìý Ìý Ìý 1,379 1,437
Cash flows from investing activities: Ìý Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý Ìý (91) (14)
Cash proceeds from sale of investments Ìý Ìý Ìý Ìý 373
Cash (paid) received for acquisitions, net of cash acquired Ìý Ìý Ìý (28) 313
Capital expended for property and equipment, including internal-use software and website development Ìý Ìý Ìý (230) (239)
Sales of short term investments and other marketable securities Ìý Ìý Ìý Ìý 73
Other investing activities, net Ìý Ìý Ìý 10 2
Net cash provided (used) by investing activities Ìý Ìý Ìý (339) 508
Cash flows from financing activities: Ìý Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý Ìý 2,300 4,943
Repayments of debt Ìý Ìý Ìý (1,922) (4,311)
Intergroup Loan (repayments) borrowing Ìý Ìý Ìý (750) Ìý
Â鶹×îгöÆ· SiriusXM common stock repurchases Ìý Ìý Ìý (135) (374)
Subsidiary shares repurchased by subsidiary Ìý Ìý Ìý (870) (1,959)
Reattribution between Â鶹×îгöÆ· SiriusXM Group and Â鶹×îгöÆ· Formula One Group Ìý Ìý Ìý (608) Ìý
Proceeds from Â鶹×îгöÆ· SiriusXM common stock rights offering Ìý Ìý Ìý 754 Ìý
Cash dividends paid by subsidiary Ìý Ìý Ìý (49) (52)
Taxes paid in lieu of shares issued for stock-based compensation Ìý Ìý Ìý (84) (109)
Other financing activities, net Ìý Ìý Ìý (35) (41)
Net cash provided (used) by financing activities Ìý Ìý Ìý (1,399) (1,903)
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý Ìý (359) 42
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý Ìý 507 102
Cash, cash equivalents and restricted cash at end of period Ìý 148 144 148 144
Braves Group Ìý Ìý Ìý Ìý Ìý
Cash flows from operating activities: Ìý Ìý Ìý Ìý Ìý
Net earnings (loss) Ìý (31) 12 (16) (33)
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý Ìý
Depreciation and amortization Ìý 19 20 54 54
Stock-based compensation Ìý Ìý Ìý (10) 13
Share of (earnings) loss of affiliates, net Ìý 5 (4) 2 (13)
Unrealized (gains) losses on intergroup interests, net Ìý 10 (2) (78) 26
Realized and unrealized (gains) losses on financial instruments, net Ìý Ìý 2 10 6
Deferred income tax expense (benefit) Ìý Ìý Ìý (15) 7
Intergroup tax allocation Ìý Ìý Ìý (16) (6)
Intergroup tax (payments) receipts Ìý Ìý Ìý Ìý 22
Other charges (credits), net Ìý Ìý Ìý 10 9
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý Ìý (16) (37)
Payables and other liabilities Ìý Ìý Ìý 19 9
Net cash provided (used) by operating activities Ìý Ìý Ìý (56) 57
Cash flows from investing activities: Ìý Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý Ìý Ìý (4)
Capital expended for property and equipment, including internal-use software and website development Ìý Ìý Ìý (69) (72)
Other investing activities, net Ìý Ìý Ìý 4 Ìý
Net cash provided (used) by investing activities Ìý Ìý Ìý (65) (76)
Cash flows from financing activities: Ìý Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý Ìý 216 75
Repayments of debt Ìý Ìý Ìý (62) (29)
Taxes paid in lieu of shares issued for stock-based compensation Ìý Ìý Ìý Ìý (1)
Other financing activities, net Ìý Ìý Ìý (5) (6)
Net cash provided (used) by financing activities Ìý Ìý Ìý 149 39
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý Ìý 28 20
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý Ìý 212 190
Cash, cash equivalents and restricted cash at end of period Ìý 240 210 240 210
Formula One Group Ìý Ìý Ìý Ìý Ìý
Cash flows from operating activities: Ìý Ìý Ìý Ìý Ìý
Net earnings (loss) Ìý (92) 42 (635) (183)
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý Ìý
Depreciation and amortization Ìý 118 116 326 340
Stock-based compensation Ìý Ìý Ìý 17 21
Share of (earnings) loss of affiliates, net Ìý (1) (58) 109 (74)
Unrealized (gains) losses on intergroup interests, net Ìý 15 2 170 (26)
Realized and unrealized (gains) losses on financial instruments, net Ìý (55) (26) (75) 171
Deferred income tax expense (benefit) Ìý Ìý Ìý (61) (43)
Intergroup tax allocation Ìý Ìý Ìý 12 5
Intergroup tax (payments) receipts Ìý Ìý Ìý Ìý (20)
Other charges (credits), net Ìý Ìý Ìý 2 (4)
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý Ìý (282) (38)
Payables and other liabilities Ìý Ìý Ìý 150 127
Net cash provided (used) by operating activities Ìý Ìý Ìý (267) 276
Cash flows from investing activities: Ìý Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý Ìý (3) (7)
Return of investment in equity method affiliates Ìý Ìý Ìý 105 Ìý
Cash proceeds from sale of investments Ìý Ìý Ìý 13 16
Capital expended for property and equipment, including internal-use software and website development Ìý Ìý Ìý (17) (27)
Other investing activities, net Ìý Ìý Ìý (3) (4)
Net cash provided (used) by investing activities Ìý Ìý Ìý 95 (22)
Cash flows from financing activities: Ìý Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý Ìý 522 Ìý
Repayments of debt Ìý Ìý Ìý (611) (5)
Intergroup Loan (repayments) borrowing Ìý Ìý Ìý 750 Ìý
Â鶹×îгöÆ· SiriusXM common stock repurchases Ìý Ìý Ìý (69) Ìý
Reattribution between Â鶹×îгöÆ· SiriusXM Group and Â鶹×îгöÆ· Formula One Group Ìý Ìý Ìý 608 Ìý
Taxes paid in lieu of shares issued for stock-based compensation Ìý Ìý Ìý (2) 9
Other financing activities, net Ìý Ìý Ìý (26) 6
Net cash provided (used) by financing activities Ìý Ìý Ìý 1,172 10
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash Ìý Ìý Ìý (1) (5)
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý Ìý 999 259
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý Ìý 587 160
Cash, cash equivalents and restricted cash at end of period Ìý $ 1,586 $ 419 $ 1,586 $ 419