Â鶹×îгöÆ·

Quarterly report pursuant to Section 13 or 15(d)

Information About Â鶹×îгöÆ·'s Operating Segments (Tables)

v3.23.3
Information About Â鶹×îгöÆ·'s Operating Segments (Tables)
9 Months Ended
Sep. 30, 2023
Information About Â鶹×îгöÆ·'s Operating Segments Ìý
Schedule of revenue disaggregated by source

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended

​

Nine months ended

​

​

​

September 30,

​

September 30,

​

​

ÌýÌýÌýÌý

2023

ÌýÌýÌýÌý

2022

ÌýÌýÌýÌý

2023

ÌýÌýÌýÌý

2022

Ìý

​

​

amountsÌýinÌýmillions

​

Â鶹×îгöÆ· SiriusXM Group

​

​

​

Ìý

​

Ìý

​

Ìý

​

​

Sirius XM Holdings:

​

​

​

​

​

​

​

​

​

​

Subscriber

​

$

1,729

​

1,734

​

5,146

Ìý

5,166

​

Advertising

​

Ìý

459

​

457

​

1,278

Ìý

1,292

​

Equipment

​

​

49

​

50

​

142

​

148

​

Other

​

​

34

​

39

​

99

​

114

​

Total Â鶹×îгöÆ· SiriusXM Group

​

​

2,271

​

2,280

​

6,665

​

6,720

​

Formula One Group

​

​

​

​

​

​

​

​

​

​

Formula 1:

​

​

​

​

​

​

​

​

​

​

Primary

​

​

790

​

624

​

1,722

​

1,539

​

Other

​

​

97

​

91

​

270

​

280

​

Total Formula One Group

​

​

887

​

715

​

1,992

​

1,819

​

Braves Group

​

Ìý

​

Ìý

​

Ìý

​

Ìý

​

​

Corporate and other:

​

Ìý

​

Ìý

​

Ìý

​

Ìý

​

​

Baseball

​

Ìý

46

Ìý

238

Ìý

318

Ìý

496

​

Mixed-Use Development

​

Ìý

3

Ìý

14

Ìý

32

Ìý

39

​

Total Braves Group

​

​

49

​

252

​

350

​

535

​

Consolidated Â鶹×îгöÆ·

​

$

3,207

​

3,247

Ìý

9,007

Ìý

9,074

​

Adjusted OIBDA by Segment

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended

​

Nine months ended

​

​

​

September 30,

​

September 30,

​

​

ÌýÌýÌýÌý

2023

ÌýÌýÌýÌý

2022

ÌýÌýÌýÌý

2023

ÌýÌýÌýÌý

2022

Ìý

​

​

amountsÌýinÌýmillions

​

Â鶹×îгöÆ· SiriusXM Group

​

​

​

​

​

​

​

​

​

​

Sirius XM Holdings

​

$

748

Ìý

722

Ìý

2,075

Ìý

2,091

​

Corporate and other

​

Ìý

(12)

Ìý

(9)

Ìý

(31)

Ìý

(18)

​

Total Â鶹×îгöÆ· SiriusXM Group

​

Ìý

736

Ìý

713

Ìý

2,044

Ìý

2,073

​

Formula One Group

​

Ìý

​

​

​

​

​

Ìý

​

​

Formula 1

​

Ìý

215

Ìý

170

Ìý

487

Ìý

446

​

Corporate and other

​

​

(18)

Ìý

(12)

​

(44)

​

(30)

​

Total Formula One Group

​

​

197

Ìý

158

​

443

​

416

​

Â鶹×îгöÆ· Live Group

​

​

​

​

​

​

​

​

​

​

Corporate and other

​

Ìý

(4)

Ìý

NA

Ìý

(4)

Ìý

NA

​

Total Â鶹×îгöÆ· Live Group

​

Ìý

(4)

Ìý

NA

Ìý

(4)

Ìý

NA

​

Braves Group

​

​

​

​

​

​

​

​

​

​

Corporate and other

​

Ìý

3

Ìý

38

Ìý

14

Ìý

74

​

Total Braves Group

​

Ìý

3

Ìý

38

Ìý

14

Ìý

74

​

Consolidated Â鶹×îгöÆ·

​

$

932

Ìý

909

Ìý

2,497

Ìý

2,563

​

Other Information By Segment

​

​

​

​

​

​

​

​

​

​

​

​

September 30, 2023

​

​

ÌýÌýÌýÌý

Total

ÌýÌýÌýÌý

Investments

ÌýÌýÌýÌý

Capital

Ìý

​

​

assets

​

inÌýaffiliates

​

expenditures

​

​

​

amountsÌýinÌýmillions

​

Â鶹×îгöÆ· SiriusXM Group

​

​

​

​

​

​

​

​

Sirius XM Holdings

​

$

29,579

Ìý

697

Ìý

520

​

Corporate and other

​

​

358

​

8

​

—

​

Total Â鶹×îгöÆ· SiriusXM Group

​

​

29,937

​

705

​

520

​

Formula One Group

​

​

​

​

​

​

​

​

Formula 1

​

​

9,201

​

3

​

69

​

Corporate and other

​

Ìý

1,353

Ìý

40

Ìý

239

​

Total Formula One Group

​

​

10,554

​

43

​

308

​

Â鶹×îгöÆ· Live Group

​

​

​

​

​

​

​

​

Corporate and other

​

​

1,191

​

397

​

—

​

Total Braves Group

​

​

1,191

​

397

​

—

​

Braves Group

​

​

​

​

​

​

​

​

Corporate and other

​

​

NA

​

NA

​

35

​

Total Braves Group

​

​

NA

​

NA

​

35

​

Elimination

​

​

(167)

​

—

​

—

​

Consolidated Â鶹×îгöÆ·

​

$

41,515

Ìý

1,145

Ìý

863

​

​

Reconciliation of Adjusted OIBDA to operating income (loss) and earnings (loss)

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended

​

Nine months ended

​

​

​

September 30,

​

September 30,

​

​

ÌýÌýÌýÌý

2023

ÌýÌýÌýÌý

2022

ÌýÌýÌýÌý

2023

ÌýÌýÌýÌý

2022

Ìý

​

​

amountsÌýinÌýmillions

​

Adjusted OIBDA

​

$

932

Ìý

909

Ìý

2,497

Ìý

2,563

​

Impairment, restructuring and acquisition costs, net of recoveries (note 8)

​

​

(6)

​

(74)

​

(57)

​

(75)

​

Legal settlements and reserves

​

​

—

​

—

​

(24)

​

—

​

Stock-based compensation

​

Ìý

(63)

Ìý

(61)

Ìý

(173)

Ìý

(173)

​

Depreciation and amortization

​

Ìý

(234)

Ìý

(268)

Ìý

(751)

Ìý

(790)

​

Operating income (loss)

​

​

629

​

506

​

1,492

​

1,525

​

Interest expense

​

Ìý

(196)

Ìý

(179)

Ìý

(592)

Ìý

(497)

​

Share of earnings (losses) of affiliates, net

​

Ìý

138

Ìý

111

Ìý

218

Ìý

158

​

Realized and unrealized gains (losses) on financial instruments, net

​

Ìý

11

Ìý

106

Ìý

(131)

Ìý

545

​

Other, net

​

Ìý

(14)

Ìý

20

Ìý

50

Ìý

87

​

Earnings (loss) before income taxes

​

$

568

Ìý

564

Ìý

1,037

Ìý

1,818

​

​