Â鶹×îгöÆ·

Quarterly report pursuant to Section 13 or 15(d)

Financial Information for Tracking Stock Groups - Statement of Operations (Details)

v3.24.3
Financial Information for Tracking Stock Groups - Statement of Operations (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue: Ìý Ìý Ìý Ìý
Total revenue $ 911 $ 936 $ 2,486 $ 2,342
Operating expenses: Ìý Ìý Ìý Ìý
Other operating expense 2 38 8 274
Selling, general and administrative, including stock-based compensation 116 93 302 297
Impairment and acquisition costs 3 Ìý 23 1
Depreciation and amortization 88 89 263 291
Total operating costs and expenses 804 835 2,229 2,203
Operating income (loss) 107 101 257 139
Other income (expense): Ìý Ìý Ìý Ìý
Interest expense (62) (62) (184) (188)
Share of earnings (losses) of affiliates, net 116 143 175 228
Realized and unrealized gains (losses) on financial instruments, net (55) 39 11 (45)
Unrealized gains/( loss) on inter-group interests Ìý (4) Ìý (68)
Other, net 29 (19) 76 12
Total other income (expense) 28 97 78 (61)
Earnings (loss) from continuing operations before income taxes 135 198 335 78
Income tax benefit (expense) (3) (46) (41) (37)
Net earnings (loss) from continuing operations 132 152 294 41
Net earnings (loss) from discontinued operations (3,002) 291 (2,412) 757
Net earnings (loss) (2,870) 443 (2,118) 798
Less net earnings (loss) attributable to the noncontrolling interests (502) 58 (410) 145
Net earnings (loss) attributable to Â鶹×îгöÆ· stockholders (2,368) 385 (1,708) 653
Formula One Group Ìý Ìý Ìý Ìý
Revenue: Ìý Ìý Ìý Ìý
Total revenue 911 887 2,486 1,992
Operating expenses: Ìý Ìý Ìý Ìý
Other operating expense 2 Ìý 8 Ìý
Selling, general and administrative, including stock-based compensation 113 79 295 223
Impairment and acquisition costs 3 Ìý 23 Ìý
Depreciation and amortization 88 86 263 254
Total operating costs and expenses 801 780 2,222 1,817
Operating income (loss) 110 107 264 175
Other income (expense): Ìý Ìý Ìý Ìý
Interest expense (54) (56) (162) (161)
Share of earnings (losses) of affiliates, net (1) 2 (6) (1)
Realized and unrealized gains (losses) on financial instruments, net 39 66 86 83
Unrealized gains/( loss) on inter-group interests Ìý 16 Ìý 15
Other, net 21 14 56 48
Total other income (expense) 5 42 (26) (16)
Earnings (loss) from continuing operations before income taxes 115 149 238 159
Income tax benefit (expense) 2 (31) (20) (35)
Net earnings (loss) from continuing operations 117 118 218 124
Net earnings (loss) 117 118 218 124
Less net earnings (loss) attributable to the noncontrolling interests Ìý Ìý Ìý (1)
Net earnings (loss) attributable to Â鶹×îгöÆ· stockholders 117 118 218 125
Â鶹×îгöÆ· Live Group Ìý Ìý Ìý Ìý
Operating expenses: Ìý Ìý Ìý Ìý
Selling, general and administrative, including stock-based compensation 3 5 7 5
Total operating costs and expenses 3 5 7 5
Operating income (loss) (3) (5) (7) (5)
Other income (expense): Ìý Ìý Ìý Ìý
Interest expense (8) (2) (22) (2)
Share of earnings (losses) of affiliates, net 117 90 181 90
Realized and unrealized gains (losses) on financial instruments, net (94) (72) (75) (72)
Other, net 8 (35) 20 (35)
Total other income (expense) 23 (19) 104 (19)
Earnings (loss) from continuing operations before income taxes 20 (24) 97 (24)
Income tax benefit (expense) (5) 5 (21) 5
Net earnings (loss) from continuing operations 15 (19) 76 (19)
Net earnings (loss) 15 (19) 76 (19)
Net earnings (loss) attributable to Â鶹×îгöÆ· stockholders 15 (19) 76 (19)
Â鶹×îгöÆ· SiriusXM Group Ìý Ìý Ìý Ìý
Other income (expense): Ìý Ìý Ìý Ìý
Interest expense Ìý (1) Ìý (4)
Share of earnings (losses) of affiliates, net Ìý 50 Ìý 127
Realized and unrealized gains (losses) on financial instruments, net Ìý 45 Ìý (59)
Other, net Ìý 1 Ìý (6)
Total other income (expense) Ìý 95 Ìý 58
Earnings (loss) from continuing operations before income taxes Ìý 95 Ìý 58
Income tax benefit (expense) Ìý (21) Ìý (13)
Net earnings (loss) from continuing operations Ìý 74 Ìý 45
Net earnings (loss) from discontinued operations (3,002) 291 (2,412) 757
Net earnings (loss) (3,002) 365 (2,412) 802
Less net earnings (loss) attributable to the noncontrolling interests (502) 58 (410) 146
Net earnings (loss) attributable to Â鶹×îгöÆ· stockholders (2,500) 307 (2,002) 656
Braves Group Ìý Ìý Ìý Ìý
Revenue: Ìý Ìý Ìý Ìý
Total revenue Ìý 49 Ìý 350
Operating expenses: Ìý Ìý Ìý Ìý
Other operating expense Ìý 38 Ìý 274
Selling, general and administrative, including stock-based compensation Ìý 9 Ìý 69
Impairment and acquisition costs Ìý Ìý Ìý 1
Depreciation and amortization Ìý 3 Ìý 37
Total operating costs and expenses Ìý 50 Ìý 381
Operating income (loss) Ìý (1) Ìý (31)
Other income (expense): Ìý Ìý Ìý Ìý
Interest expense Ìý (3) Ìý (21)
Share of earnings (losses) of affiliates, net Ìý 1 Ìý 12
Realized and unrealized gains (losses) on financial instruments, net Ìý Ìý Ìý 3
Unrealized gains/( loss) on inter-group interests Ìý (20) Ìý (83)
Other, net Ìý 1 Ìý 5
Total other income (expense) Ìý (21) Ìý (84)
Earnings (loss) from continuing operations before income taxes Ìý (22) Ìý (115)
Income tax benefit (expense) Ìý 1 Ìý 6
Net earnings (loss) from continuing operations Ìý (21) Ìý (109)
Net earnings (loss) Ìý (21) Ìý (109)
Net earnings (loss) attributable to Â鶹×îгöÆ· stockholders Ìý (21) Ìý (109)
Formula 1 Ìý Ìý Ìý Ìý
Revenue: Ìý Ìý Ìý Ìý
Total revenue 848 887 2,251 1,992
Operating expenses: Ìý Ìý Ìý Ìý
Cost of services 554 615 1,472 1,340
Formula 1 | Formula One Group Ìý Ìý Ìý Ìý
Revenue: Ìý Ìý Ìý Ìý
Total revenue 848 887 2,251 1,992
Operating expenses: Ìý Ìý Ìý Ìý
Cost of services 554 615 1,472 1,340
Other Ìý Ìý Ìý Ìý
Revenue: Ìý Ìý Ìý Ìý
Total revenue 63 49 235 350
Operating expenses: Ìý Ìý Ìý Ìý
Cost of services 41 Ìý 161 Ìý
Other | Formula One Group Ìý Ìý Ìý Ìý
Revenue: Ìý Ìý Ìý Ìý
Total revenue 63 Ìý 235 Ìý
Operating expenses: Ìý Ìý Ìý Ìý
Cost of services $ 41 Ìý $ 161 Ìý
Other | Braves Group Ìý Ìý Ìý Ìý
Revenue: Ìý Ìý Ìý Ìý
Total revenue Ìý $ 49 Ìý $ 350