Â鶹×îгöÆ·

Annual report pursuant to Section 13 and 15(d)

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

v3.24.0.1
Financial Information for Tracking Stock Groups - Cash Flows (Details) - USD ($)
$ in Millions
 1 Months Ended 12 Months Ended
Jul. 12, 2023
Mar. 31, 2023
Sep. 30, 2022
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities: Ìý Ìý Ìý Ìý Ìý Ìý
Net earnings (loss) Ìý Ìý Ìý $ 962 $ 2,029 $ 744
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý Ìý Ìý
Depreciation and amortization Ìý Ìý Ìý 1,030 1,044 1,072
Stock-based compensation Ìý Ìý Ìý 232 237 256
Non-cash impairment and restructuring costs Ìý Ìý Ìý 26 70 24
Share of (earnings) loss of affiliates, net Ìý Ìý Ìý (138) (99) 200
Realized and unrealized (gains) losses on financial instruments, net Ìý Ìý Ìý 323 (599) 451
Noncash interest expense Ìý Ìý Ìý 20 26 16
Losses (gains) on dilution of investment in affiliate Ìý Ìý Ìý 4 (10) (152)
Loss (gain) on early extinguishment of debt Ìý Ìý Ìý 4 (35) 80
Deferred income tax expense (benefit) Ìý Ìý Ìý 14 13 (41)
Other charges (credits), net Ìý Ìý Ìý 4 10 2
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý Ìý (38) (17) (104)
Payables and other liabilities Ìý Ìý Ìý 21 (123) (111)
Net cash provided (used) by operating activities Ìý Ìý Ìý 2,464 2,546 2,437
Cash flows from investing activities: Ìý Ìý Ìý Ìý Ìý Ìý
Subsidiary initial public offering proceeds returned from (invested in) trust account Ìý Ìý Ìý Ìý 579 (575)
Investments in equity method affiliates and debt and equity securities Ìý Ìý Ìý (226) (58) (252)
Cash proceeds from dispositions Ìý Ìý Ìý 111 167 383
Cash (paid) received for acquisitions, net of cash acquired Ìý Ìý Ìý Ìý (136) (14)
Return of investment in equity method affiliates Ìý Ìý Ìý Ìý 38 40
Repayment of loans and other cash receipts from equity method affiliates and debt and equity securities Ìý Ìý Ìý 1 2 12
Capital expended for property and equipment, including internal-use software and website development Ìý Ìý Ìý (1,111) (735) (440)
Proceeds from insurance recoveries Ìý Ìý Ìý Ìý Ìý 225
Other investing activities, net Ìý Ìý Ìý (15) 97 (68)
Net cash provided (used) by investing activities Ìý Ìý Ìý (1,240) (46) (689)
Cash flows from financing activities: Ìý Ìý Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý Ìý 3,846 6,189 6,411
Repayments of debt Ìý Ìý Ìý (4,790) (7,426) (6,287)
Repayment of initial public offering proceeds to subsidiary shareholders Ìý Ìý Ìý Ìý (579) Ìý
Â鶹×îгöÆ· stock repurchases Ìý Ìý Ìý Ìý (395) (555)
Subsidiary shares repurchased by subsidiary Ìý Ìý Ìý (274) (647) (1,523)
Proceeds from initial public offering of subsidiary Ìý Ìý Ìý Ìý Ìý 575
Cash dividends paid by subsidiary Ìý Ìý Ìý (65) (249) (58)
Taxes paid in lieu of shares issued for stock-based compensation Ìý Ìý Ìý (74) (123) (154)
Atlanta Braves Holdings, Inc. Split-Off Ìý Ìý Ìý (188) Ìý Ìý
Other financing activities, net Ìý Ìý Ìý 72 82 (107)
Net cash provided (used) by financing activities Ìý Ìý Ìý (1,473) (3,148) (1,698)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash Ìý Ìý Ìý 1 Ìý (3)
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý Ìý (248) (648) 47
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý Ìý 2,276 2,924 2,877
Cash, cash equivalents and restricted cash at end of period Ìý Ìý Ìý 2,028 2,276 2,924
Â鶹×îгöÆ· SiriusXM Group Ìý Ìý Ìý Ìý Ìý Ìý
Cash flows from operating activities: Ìý Ìý Ìý Ìý Ìý Ìý
Net earnings (loss) Ìý Ìý Ìý 1,031 1,502 875
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý Ìý Ìý
Depreciation and amortization Ìý Ìý Ìý 624 611 603
Stock-based compensation Ìý Ìý Ìý 203 209 215
Non-cash impairment and restructuring costs Ìý Ìý Ìý 26 65 24
Share of (earnings) loss of affiliates, net Ìý Ìý Ìý (108) (67) 253
Unrealized (gains) losses on intergroup interests, net Ìý Ìý Ìý (68) 19 (121)
Realized and unrealized (gains) losses on financial instruments, net Ìý Ìý Ìý 215 (471) 433
Noncash interest expense Ìý Ìý Ìý 14 19 15
Losses (gains) on dilution of investment in affiliate Ìý Ìý Ìý 6 (10) (152)
Loss (gain) on early extinguishment of debt Ìý Ìý Ìý (30) (21) 83
Deferred income tax expense (benefit) Ìý Ìý Ìý 36 329 (12)
Intergroup tax allocation Ìý Ìý Ìý 177 91 9
Intergroup tax (payments) receipts Ìý Ìý Ìý (121) (80) (2)
Other charges (credits), net Ìý Ìý Ìý 2 10 (15)
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý Ìý (45) 80 (59)
Payables and other liabilities Ìý Ìý Ìý (136) (327) (255)
Net cash provided (used) by operating activities Ìý Ìý Ìý 1,826 1,959 1,894
Cash flows from investing activities: Ìý Ìý Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý Ìý (50) (1) (73)
Cash proceeds from dispositions Ìý Ìý Ìý Ìý 66 177
Cash (paid) received for acquisitions, net of cash acquired Ìý Ìý Ìý Ìý (136) (14)
Return of investment in equity method affiliates Ìý Ìý Ìý Ìý 1 1
Repayment of loans and other cash receipts from equity method affiliates and debt and equity securities Ìý Ìý Ìý 1 2 12
Capital expended for property and equipment, including internal-use software and website development Ìý Ìý Ìý (650) (426) (388)
Proceeds from insurance recoveries Ìý Ìý Ìý Ìý Ìý 225
Other investing activities, net Ìý Ìý Ìý 3 1 (4)
Net cash provided (used) by investing activities Ìý Ìý Ìý (696) (493) (64)
Cash flows from financing activities: Ìý Ìý Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý Ìý 2,681 3,150 6,294
Repayments of debt Ìý Ìý Ìý (3,782) (3,553) (5,872)
Settlement of intergroup interests Ìý Ìý Ìý 273 78 Ìý
Â鶹×îгöÆ· stock repurchases Ìý Ìý Ìý Ìý (358) (500)
Subsidiary shares repurchased by subsidiary Ìý Ìý Ìý (274) (647) (1,523)
Cash dividends paid by subsidiary Ìý Ìý Ìý (65) (249) (58)
Taxes paid in lieu of shares issued for stock-based compensation Ìý Ìý Ìý (64) (147) (106)
Settlement of intergroup call spread Ìý Ìý Ìý Ìý Ìý (384)
Other financing activities, net Ìý Ìý Ìý 46 24 (83)
Net cash provided (used) by financing activities Ìý Ìý Ìý (1,185) (1,702) (2,232)
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý Ìý (55) (236) (402)
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý Ìý 370 606 1,008
Cash, cash equivalents and restricted cash at end of period Ìý Ìý Ìý 315 370 606
Formula One Group Ìý Ìý Ìý Ìý Ìý Ìý
Cash flows from operating activities: Ìý Ìý Ìý Ìý Ìý Ìý
Net earnings (loss) Ìý Ìý Ìý 184 562 (120)
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý Ìý Ìý
Depreciation and amortization Ìý Ìý Ìý 369 362 397
Stock-based compensation Ìý Ìý Ìý 20 16 29
Share of (earnings) loss of affiliates, net Ìý Ìý Ìý 4 Ìý (23)
Unrealized (gains) losses on intergroup interests, net Ìý Ìý Ìý (15) (54) 90
Realized and unrealized (gains) losses on financial instruments, net Ìý Ìý Ìý (42) (115) 21
Noncash interest expense Ìý Ìý Ìý 6 5 1
Loss (gain) on early extinguishment of debt Ìý Ìý Ìý (1) (14) (3)
Deferred income tax expense (benefit) Ìý Ìý Ìý 18 (306) (41)
Intergroup tax allocation Ìý Ìý Ìý (176) (109) (5)
Intergroup tax (payments) receipts Ìý Ìý Ìý 122 72 (5)
Other charges (credits), net Ìý Ìý Ìý (2) (1) (3)
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý Ìý 46 (87) (2)
Payables and other liabilities Ìý Ìý Ìý 86 203 145
Net cash provided (used) by operating activities Ìý Ìý Ìý 619 534 481
Cash flows from investing activities: Ìý Ìý Ìý Ìý Ìý Ìý
Subsidiary initial public offering proceeds returned from (invested in) trust account Ìý Ìý Ìý Ìý 579 (575)
Investments in equity method affiliates and debt and equity securities Ìý Ìý Ìý (173) (52) (179)
Cash proceeds from dispositions Ìý Ìý Ìý 110 53 204
Return of investment in equity method affiliates Ìý Ìý Ìý Ìý 9 39
Capital expended for property and equipment, including internal-use software and website development Ìý Ìý Ìý (426) (291) (17)
Other investing activities, net Ìý Ìý Ìý (21) 96 (72)
Net cash provided (used) by investing activities Ìý Ìý Ìý (510) 394 (600)
Cash flows from financing activities: Ìý Ìý Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý Ìý Ìý 2,884 Ìý
Repayments of debt Ìý Ìý Ìý (70) (3,564) (322)
Repayment of initial public offering proceeds to subsidiary shareholders Ìý Ìý Ìý Ìý (579) Ìý
Settlement of intergroup interests $ (71) $ (202) $ (64) (273) (64) Ìý
Â鶹×îгöÆ· stock repurchases Ìý Ìý Ìý Ìý (37) (55)
Proceeds from initial public offering of subsidiary Ìý Ìý Ìý Ìý Ìý 575
Taxes paid in lieu of shares issued for stock-based compensation Ìý Ìý Ìý (9) 24 (48)
Settlement of intergroup call spread Ìý Ìý Ìý Ìý Ìý 384
Reclassification Ìý Ìý Ìý (100) Ìý Ìý
Other financing activities, net Ìý Ìý Ìý 17 67 (22)
Net cash provided (used) by financing activities Ìý Ìý Ìý (435) (1,269) 512
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash Ìý Ìý Ìý 1 Ìý (3)
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý Ìý (325) (341) 390
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý Ìý 1,733 2,074 1,684
Cash, cash equivalents and restricted cash at end of period Ìý Ìý Ìý 1,408 1,733 2,074
Â鶹×îгöÆ· Live Group Ìý Ìý Ìý Ìý Ìý Ìý
Cash flows from operating activities: Ìý Ìý Ìý Ìý Ìý Ìý
Net earnings (loss) Ìý Ìý Ìý (142) Ìý Ìý
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý Ìý Ìý
Stock-based compensation Ìý Ìý Ìý 2 Ìý Ìý
Share of (earnings) loss of affiliates, net Ìý Ìý Ìý (22) Ìý Ìý
Realized and unrealized (gains) losses on financial instruments, net Ìý Ìý Ìý 153 Ìý Ìý
Noncash interest expense Ìý Ìý Ìý (1) Ìý Ìý
Losses (gains) on dilution of investment in affiliate Ìý Ìý Ìý (2) Ìý Ìý
Loss (gain) on early extinguishment of debt Ìý Ìý Ìý 35 Ìý Ìý
Deferred income tax expense (benefit) Ìý Ìý Ìý (37) Ìý Ìý
Other charges (credits), net Ìý Ìý Ìý 1 Ìý Ìý
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý Ìý (5) Ìý Ìý
Payables and other liabilities Ìý Ìý Ìý 5 Ìý Ìý
Net cash provided (used) by operating activities Ìý Ìý Ìý (13) Ìý Ìý
Cash flows from investing activities: Ìý Ìý Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý Ìý (3) Ìý Ìý
Cash proceeds from dispositions Ìý Ìý Ìý 1 Ìý Ìý
Other investing activities, net Ìý Ìý Ìý 3 Ìý Ìý
Net cash provided (used) by investing activities Ìý Ìý Ìý 1 Ìý Ìý
Cash flows from financing activities: Ìý Ìý Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý Ìý 1,135 Ìý Ìý
Repayments of debt Ìý Ìý Ìý (918) Ìý Ìý
Reclassification Ìý Ìý Ìý 100 Ìý Ìý
Net cash provided (used) by financing activities Ìý Ìý Ìý 317 Ìý Ìý
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý Ìý 305 Ìý Ìý
Cash, cash equivalents and restricted cash at end of period Ìý Ìý Ìý 305 Ìý Ìý
Braves Group Ìý Ìý Ìý Ìý Ìý Ìý
Cash flows from operating activities: Ìý Ìý Ìý Ìý Ìý Ìý
Net earnings (loss) Ìý Ìý Ìý (111) (35) (11)
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý Ìý Ìý
Depreciation and amortization Ìý Ìý Ìý 37 71 72
Stock-based compensation Ìý Ìý Ìý 7 12 12
Non-cash impairment and restructuring costs Ìý Ìý Ìý Ìý 5 Ìý
Share of (earnings) loss of affiliates, net Ìý Ìý Ìý (12) (32) (30)
Unrealized (gains) losses on intergroup interests, net Ìý Ìý Ìý 83 35 31
Realized and unrealized (gains) losses on financial instruments, net Ìý Ìý Ìý (3) (13) (3)
Noncash interest expense Ìý Ìý Ìý 1 2 Ìý
Deferred income tax expense (benefit) Ìý Ìý Ìý (3) (10) 12
Intergroup tax allocation Ìý Ìý Ìý (1) 18 (4)
Intergroup tax (payments) receipts Ìý Ìý Ìý (1) 8 7
Other charges (credits), net Ìý Ìý Ìý 3 1 20
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý Ìý (34) (10) (43)
Payables and other liabilities Ìý Ìý Ìý 66 1 (1)
Net cash provided (used) by operating activities Ìý Ìý Ìý 32 53 62
Cash flows from investing activities: Ìý Ìý Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý Ìý Ìý (5) Ìý
Cash proceeds from dispositions Ìý Ìý Ìý Ìý 48 2
Return of investment in equity method affiliates Ìý Ìý Ìý Ìý 28 Ìý
Capital expended for property and equipment, including internal-use software and website development Ìý Ìý Ìý (35) (18) (35)
Other investing activities, net Ìý Ìý Ìý Ìý Ìý 8
Net cash provided (used) by investing activities Ìý Ìý Ìý (35) 53 (25)
Cash flows from financing activities: Ìý Ìý Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý Ìý 30 155 117
Repayments of debt Ìý Ìý Ìý (20) (309) (93)
Settlement of intergroup interests Ìý Ìý $ (14) Ìý (14) Ìý
Taxes paid in lieu of shares issued for stock-based compensation Ìý Ìý Ìý (1) Ìý Ìý
Atlanta Braves Holdings, Inc. Split-Off Ìý Ìý Ìý (188) Ìý Ìý
Other financing activities, net Ìý Ìý Ìý 9 (9) (2)
Net cash provided (used) by financing activities Ìý Ìý Ìý (170) (177) 22
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý Ìý (173) (71) 59
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý Ìý $ 173 244 185
Cash, cash equivalents and restricted cash at end of period Ìý Ìý Ìý Ìý $ 173 $ 244