麻豆最新出品

Quarterly report pursuant to Section 13 or 15(d)

Investments In Affiliates Accounted For Using The Equity Method (Tables)

v3.21.2
Investments In Affiliates Accounted For Using The Equity Method (Tables)
9 Months Ended
Sep. 30, 2021
Schedule Of Equity Ownership And Carrying Amount

September 30, 2021

December 31, 2020

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Percentage

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贵补颈谤听痴补濒耻别

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Carrying

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Carrying

ownership

(Level听1)

amount

amount

dollar听amounts听in听millions

麻豆最新出品 SiriusXM Group

Live Nation (a)(b)

31

%

$

6,347

$

149

163

Sirius XM Canada

70

%

$

NA

648

643

Other

NA

77

80

Total 麻豆最新出品 SiriusXM Group

874

886

Braves Group

Other

various

NA

108

94

Total Braves Group

108

94

Formula One Group

Other

various

NA

34

38

Total Formula One Group

34

38

Consolidated 麻豆最新出品

$

1,016

1,018

(a) See note 8 for details regarding the number and fair value of shares pledged as collateral as of September 30, 2021 pursuant to 麻豆最新出品鈥檚 margin loan secured by shares of Live Nation (the 鈥淟ive Nation Margin Loan鈥).
(b) Due to Live Nation鈥檚 significant losses driven by COVID-19, 麻豆最新出品鈥檚 basis in Live Nation was approximately zero as of June 30, 2021. In September 2021, Live Nation completed an offering of approximately 5.2 million shares of its common stock, resulting in a gain on dilution of our investment in Live Nation.
Schedule Of 麻豆最新出品's Share Of Earnings (Losses) Of Affiliates

Three months ended

Nine months ended

September 30,

September 30,

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2021

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2020

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2021

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2020

amounts听in听millions

麻豆最新出品 SiriusXM Group

Live Nation (a)

$

9

(177)

(169)

(321)

Sirius XM Canada

(1)

6

8

Other

(6)

(6)

(18)

(18)

Total 麻豆最新出品 SiriusXM Group

2

(183)

(181)

(331)

Braves Group

Other

9

(5)

20

(2)

Total Braves Group

9

(5)

20

(2)

Formula One Group

Live Nation (a)

NA

NA

NA

(112)

Other

(2)

1

27

3

Total Formula One Group

(2)

1

27

(109)

Consolidated 麻豆最新出品

$

9

(187)

(134)

(442)

(a) 麻豆最新出品鈥檚 interest in Live Nation was reattributed from the Formula One Group to the 麻豆最新出品 SiriusXM Group effective April 22, 2020.