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 6 Months Ended
Jun. 05, 2020
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities: Ìý Ìý Ìý Ìý Ìý
Net earnings (loss) Ìý $ (262) $ 192 $ (260) $ 65
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý Ìý
Depreciation and amortization Ìý 266 271 533 519
Stock-based compensation Ìý Ìý Ìý 112 162
Share of (earnings) loss of affiliates, net Ìý 193 (34) 255 (14)
Realized and unrealized (gains) losses on financial instruments, net Ìý 180 87 179 185
Deferred income tax expense (benefit) Ìý Ìý Ìý (34) 115
Other charges (credits), net Ìý Ìý Ìý 34 3
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý Ìý (240) (83)
Payables and other liabilities Ìý Ìý Ìý 290 220
Net cash provided (used) by operating activities Ìý Ìý Ìý 869 1,172
Cash flows from investing activities: Ìý Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý Ìý (87) (20)
Return of investment in equity method affiliates Ìý Ìý Ìý 105 Ìý
Cash proceeds from sale of investments Ìý Ìý Ìý 13 373
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 (206) (221)
Sales of short term investments and other marketable securities Ìý Ìý Ìý Ìý 72
Other investing activities, net Ìý Ìý Ìý Ìý (5)
Net cash provided (used) by investing activities Ìý Ìý Ìý (203) 512
Cash flows from financing activities: Ìý Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý Ìý 2,835 2,879
Repayments of debt Ìý Ìý Ìý (884) (2,387)
Â鶹×îгöÆ· SiriusXM common stock repurchases Ìý Ìý Ìý (138) (306)
Subsidiary shares repurchased by subsidiary Ìý Ìý Ìý (399) (1,474)
Proceeds from Â鶹×îгöÆ· SiriusXM common stock rights offering $ 754 Ìý Ìý 754 Ìý
Cash dividends paid by subsidiary Ìý Ìý Ìý (33) (36)
Taxes paid in lieu of shares issued for stock-based compensation Ìý Ìý Ìý (46) (57)
Other financing activities, net Ìý Ìý Ìý (20) (4)
Net cash provided (used) by financing activities Ìý Ìý Ìý 2,069 (1,385)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash Ìý Ìý Ìý (10) Ìý
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý Ìý 2,725 299
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 4,031 751 4,031 751
Â鶹×îгöÆ· SiriusXM Group Ìý Ìý Ìý Ìý Ìý
Cash flows from operating activities: Ìý Ìý Ìý Ìý Ìý
Net earnings (loss) Ìý (24) 243 268 335
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý Ìý
Depreciation and amortization Ìý 142 136 290 261
Stock-based compensation Ìý Ìý Ìý 112 138
Share of (earnings) loss of affiliates, net Ìý 146 7 148 11
Unrealized (gains) losses on intergroup interests, net Ìý (36) Ìý (67) Ìý
Realized and unrealized (gains) losses on financial instruments, net Ìý 184 (15) 189 (16)
Deferred income tax expense (benefit) Ìý Ìý Ìý 29 178
Intergroup tax allocation Ìý Ìý Ìý (1) (1)
Intergroup tax (payments) receipts Ìý Ìý Ìý Ìý (2)
Other charges (credits), net Ìý Ìý Ìý 31 4
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý Ìý 204 (14)
Payables and other liabilities Ìý Ìý Ìý (236) 15
Net cash provided (used) by operating activities Ìý Ìý Ìý 967 909
Cash flows from investing activities: Ìý Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý Ìý (86) (9)
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 (149) (160)
Sales of short term investments and other marketable securities Ìý Ìý Ìý Ìý 72
Other investing activities, net Ìý Ìý Ìý (2) (1)
Net cash provided (used) by investing activities Ìý Ìý Ìý (265) 588
Cash flows from financing activities: Ìý Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý Ìý 2,117 2,878
Repayments of debt Ìý Ìý Ìý (238) (2,360)
Intergroup Loan (repayments) borrowing Ìý Ìý Ìý (750) Ìý
Â鶹×îгöÆ· SiriusXM common stock repurchases Ìý Ìý Ìý (69) (306)
Subsidiary shares repurchased by subsidiary Ìý Ìý Ìý (399) (1,474)
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 (33) (36)
Taxes paid in lieu of shares issued for stock-based compensation Ìý Ìý Ìý (44) (50)
Other financing activities, net Ìý Ìý Ìý (4) (3)
Net cash provided (used) by financing activities Ìý Ìý Ìý 726 (1,351)
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý Ìý 1,428 146
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 1,935 248 1,935 248
Braves Group Ìý Ìý Ìý Ìý Ìý
Cash flows from operating activities: Ìý Ìý Ìý Ìý Ìý
Net earnings (loss) Ìý (38) 26 15 (45)
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý Ìý
Depreciation and amortization Ìý 20 21 35 34
Stock-based compensation Ìý Ìý Ìý (12) 9
Share of (earnings) loss of affiliates, net Ìý 1 (7) (3) (9)
Unrealized (gains) losses on intergroup interests, net Ìý 7 2 (88) 28
Realized and unrealized (gains) losses on financial instruments, net Ìý 1 2 10 4
Deferred income tax expense (benefit) Ìý Ìý Ìý (16) Ìý
Intergroup tax allocation Ìý Ìý Ìý (8) (6)
Intergroup tax (payments) receipts Ìý Ìý Ìý Ìý 22
Other charges (credits), net Ìý Ìý Ìý 3 5
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý Ìý 6 (34)
Payables and other liabilities Ìý Ìý Ìý 59 56
Net cash provided (used) by operating activities Ìý Ìý Ìý 1 64
Cash flows from investing activities: Ìý Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý Ìý Ìý (5)
Capital expended for property and equipment, including internal-use software and website development Ìý Ìý Ìý (43) (50)
Other investing activities, net Ìý Ìý Ìý 4 Ìý
Net cash provided (used) by investing activities Ìý Ìý Ìý (39) (55)
Cash flows from financing activities: Ìý Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý Ìý 196 1
Repayments of debt Ìý Ìý Ìý (37) (24)
Other financing activities, net Ìý Ìý Ìý (4) (7)
Net cash provided (used) by financing activities Ìý Ìý Ìý 155 (30)
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý Ìý 117 (21)
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 329 169 329 169
Formula One Group Ìý Ìý Ìý Ìý Ìý
Cash flows from operating activities: Ìý Ìý Ìý Ìý Ìý
Net earnings (loss) Ìý (200) (77) (543) (225)
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý Ìý
Depreciation and amortization Ìý 104 114 208 224
Stock-based compensation Ìý Ìý Ìý 12 15
Share of (earnings) loss of affiliates, net Ìý 46 (34) 110 (16)
Unrealized (gains) losses on intergroup interests, net Ìý 29 (2) 155 (28)
Realized and unrealized (gains) losses on financial instruments, net Ìý (5) 100 (20) 197
Deferred income tax expense (benefit) Ìý Ìý Ìý (47) (63)
Intergroup tax allocation Ìý Ìý Ìý 9 7
Intergroup tax (payments) receipts Ìý Ìý Ìý Ìý (20)
Other charges (credits), net Ìý Ìý Ìý Ìý (6)
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý Ìý (450) (35)
Payables and other liabilities Ìý Ìý Ìý 467 149
Net cash provided (used) by operating activities Ìý Ìý Ìý (99) 199
Cash flows from investing activities: Ìý Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý Ìý (1) (6)
Return of investment in equity method affiliates Ìý Ìý Ìý 105 Ìý
Cash proceeds from sale of investments Ìý Ìý Ìý 13 Ìý
Capital expended for property and equipment, including internal-use software and website development Ìý Ìý Ìý (14) (11)
Other investing activities, net Ìý Ìý Ìý (2) (4)
Net cash provided (used) by investing activities Ìý Ìý Ìý 101 (21)
Cash flows from financing activities: Ìý Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý Ìý 522 Ìý
Repayments of debt Ìý Ìý Ìý (609) (3)
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) (7)
Other financing activities, net Ìý Ìý Ìý (12) 6
Net cash provided (used) by financing activities Ìý Ìý Ìý 1,188 (4)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash Ìý Ìý Ìý (10) Ìý
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý Ìý 1,180 174
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 $ 1,767 $ 334 $ 1,767 $ 334