Â鶹×îгöÆ·

Quarterly report pursuant to Section 13 or 15(d)

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

v3.24.3
Financial Information for Tracking Stock Groups - Cash Flows (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Net Cash Provided by (Used in) Operating Activities [Abstract] Ìý Ìý Ìý Ìý
Net earnings (loss) $ (2,870) $ 443 $ (2,118) $ 798
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý
Net (earnings) loss from discontinued operations 3,002 (291) 2,412 (757)
Depreciation and amortization 88 89 263 291
Stock-based compensation Ìý Ìý 27 22
Share of (earnings) loss of affiliates, net (116) (143) (175) (228)
Unrealized (gains) losses on intergroup interests, net Ìý 4 Ìý 68
Realized and unrealized (gains) losses on financial instruments, net 55 (39) (11) 45
Deferred income tax expense (benefit) Ìý Ìý 44 24
Intergroup tax allocation Ìý Ìý (98) (137)
Intergroup tax (payments) receipts Ìý Ìý 131 90
Other, net Ìý Ìý 21 50
Increase (Decrease) in Operating Capital [Abstract] Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý (71) (166)
Payables and other liabilities Ìý Ìý 151 480
Net cash provided (used) by operating activities Ìý Ìý 576 580
Net Cash Provided by (Used in) Investing Activities [Abstract] Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý (10) (173)
Cash proceeds from dispositions Ìý Ìý 107 111
Cash (paid) received for acquisitions, net of cash acquired Ìý Ìý (205)
Capital expended for property and equipment, including internal-use software and website development Ìý Ìý (52) (343)
Other investing activities, net Ìý Ìý (12) (20)
Net cash provided (used) by investing activities Ìý Ìý (172) (425)
Net Cash Provided by (Used in) Financing Activities [Abstract] Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý 644 1,165
Repayments of debt Ìý Ìý (683) (1,002)
Issuance of Series C Â鶹×îгöÆ· Formula One common stock Ìý Ìý 939 Ìý
Settlement of intergroup interests Ìý Ìý Ìý (273)
Atlanta Braves Holdings, Inc. Split-Off Ìý Ìý Ìý (188)
Other financing activities, net Ìý Ìý 43 22
Net cash provided (used) by financing activities Ìý Ìý 943 (276)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash Ìý Ìý 1 Ìý
Net cash provided (used) by discontinued operations: Ìý Ìý Ìý Ìý
Cash provided (used) by operating activities Ìý Ìý 879 1,301
Cash provided (used) by investing activities Ìý Ìý (709) (565)
Cash provided (used) by financing activities Ìý Ìý (485) (771)
Net cash provided (used) by discontinued operations Ìý Ìý (315) (35)
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý 1,033 (156)
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý 2,028 2,276
Cash, cash equivalents and restricted cash at end of period 3,061 2,120 3,061 2,120
Formula One Group Ìý Ìý Ìý Ìý
Net Cash Provided by (Used in) Operating Activities [Abstract] Ìý Ìý Ìý Ìý
Net earnings (loss) 117 118 218 124
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý
Depreciation and amortization 88 86 263 254
Stock-based compensation Ìý Ìý 24 14
Share of (earnings) loss of affiliates, net 1 (2) 6 1
Unrealized (gains) losses on intergroup interests, net Ìý (16) Ìý (15)
Realized and unrealized (gains) losses on financial instruments, net (39) (66) (86) (83)
Deferred income tax expense (benefit) Ìý Ìý 22 19
Intergroup tax allocation Ìý Ìý (97) (135)
Intergroup tax (payments) receipts Ìý Ìý 128 91
Other, net Ìý Ìý 25 6
Increase (Decrease) in Operating Capital [Abstract] Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý (71) (122)
Payables and other liabilities Ìý Ìý 155 400
Net cash provided (used) by operating activities Ìý Ìý 587 554
Net Cash Provided by (Used in) Investing Activities [Abstract] Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý (7) (173)
Cash proceeds from dispositions Ìý Ìý Ìý 110
Cash (paid) received for acquisitions, net of cash acquired Ìý Ìý (205) Ìý
Capital expended for property and equipment, including internal-use software and website development Ìý Ìý (52) (308)
Other investing activities, net Ìý Ìý (13) (20)
Net cash provided (used) by investing activities Ìý Ìý (277) (391)
Net Cash Provided by (Used in) Financing Activities [Abstract] Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý 644 Ìý
Repayments of debt Ìý Ìý (671) (64)
Issuance of Series C Â鶹×îгöÆ· Formula One common stock Ìý Ìý 939 Ìý
Settlement of intergroup interests Ìý Ìý Ìý (273)
Reclassification Ìý Ìý Ìý (100)
Other financing activities, net Ìý Ìý 42 11
Net cash provided (used) by financing activities Ìý Ìý 954 (426)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash Ìý Ìý 1 Ìý
Net cash provided (used) by discontinued operations: Ìý Ìý Ìý Ìý
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý 1,265 (263)
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý 1,408 1,733
Cash, cash equivalents and restricted cash at end of period 2,673 1,470 2,673 1,470
Â鶹×îгöÆ· Live Group Ìý Ìý Ìý Ìý
Net Cash Provided by (Used in) Operating Activities [Abstract] Ìý Ìý Ìý Ìý
Net earnings (loss) 15 (19) 76 (19)
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý
Stock-based compensation Ìý Ìý 3 1
Share of (earnings) loss of affiliates, net (117) (90) (181) (90)
Realized and unrealized (gains) losses on financial instruments, net 94 72 75 72
Deferred income tax expense (benefit) Ìý Ìý 22 (4)
Intergroup tax allocation Ìý Ìý (1) (1)
Intergroup tax (payments) receipts Ìý Ìý 3 Ìý
Other, net Ìý Ìý (4) 34
Increase (Decrease) in Operating Capital [Abstract] Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý Ìý (10)
Payables and other liabilities Ìý Ìý (4) 14
Net cash provided (used) by operating activities Ìý Ìý (11) (3)
Net Cash Provided by (Used in) Investing Activities [Abstract] Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý (3) Ìý
Cash proceeds from dispositions Ìý Ìý 107 1
Other investing activities, net Ìý Ìý 1 Ìý
Net cash provided (used) by investing activities Ìý Ìý 105 1
Net Cash Provided by (Used in) Financing Activities [Abstract] Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý Ìý 1,135
Repayments of debt Ìý Ìý (12) (918)
Reclassification Ìý Ìý Ìý 100
Other financing activities, net Ìý Ìý 1 Ìý
Net cash provided (used) by financing activities Ìý Ìý (11) 317
Net cash provided (used) by discontinued operations: Ìý Ìý Ìý Ìý
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý 83 315
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý 305 Ìý
Cash, cash equivalents and restricted cash at end of period 388 315 388 315
Â鶹×îгöÆ· SiriusXM Group Ìý Ìý Ìý Ìý
Net Cash Provided by (Used in) Operating Activities [Abstract] Ìý Ìý Ìý Ìý
Net earnings (loss) (3,002) 365 (2,412) 802
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý
Net (earnings) loss from discontinued operations $ 3,002 (291) 2,412 (757)
Share of (earnings) loss of affiliates, net Ìý (50) Ìý (127)
Realized and unrealized (gains) losses on financial instruments, net Ìý (45) Ìý 59
Deferred income tax expense (benefit) Ìý Ìý Ìý 14
Intergroup tax allocation Ìý Ìý Ìý (1)
Other, net Ìý Ìý Ìý 6
Increase (Decrease) in Operating Capital [Abstract] Ìý Ìý Ìý Ìý
Payables and other liabilities Ìý Ìý Ìý 1
Net cash provided (used) by operating activities Ìý Ìý Ìý (3)
Net Cash Provided by (Used in) Financing Activities [Abstract] Ìý Ìý Ìý Ìý
Other financing activities, net Ìý Ìý Ìý 3
Net cash provided (used) by financing activities Ìý Ìý Ìý 3
Net cash provided (used) by discontinued operations: Ìý Ìý Ìý Ìý
Cash provided (used) by operating activities Ìý Ìý 879 1,301
Cash provided (used) by investing activities Ìý Ìý (709) (565)
Cash provided (used) by financing activities Ìý Ìý (485) (771)
Net cash provided (used) by discontinued operations Ìý Ìý (315) (35)
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý (315) (35)
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý $ 315 370
Cash, cash equivalents and restricted cash at end of period Ìý 335 Ìý 335
Braves Group Ìý Ìý Ìý Ìý
Net Cash Provided by (Used in) Operating Activities [Abstract] Ìý Ìý Ìý Ìý
Net earnings (loss) Ìý (21) Ìý (109)
Adjustments to reconcile net earnings to net cash provided by operating activities: Ìý Ìý Ìý Ìý
Depreciation and amortization Ìý 3 Ìý 37
Stock-based compensation Ìý Ìý Ìý 7
Share of (earnings) loss of affiliates, net Ìý (1) Ìý (12)
Unrealized (gains) losses on intergroup interests, net Ìý $ 20 Ìý 83
Realized and unrealized (gains) losses on financial instruments, net Ìý Ìý Ìý (3)
Deferred income tax expense (benefit) Ìý Ìý Ìý (5)
Intergroup tax (payments) receipts Ìý Ìý Ìý (1)
Other, net Ìý Ìý Ìý 4
Increase (Decrease) in Operating Capital [Abstract] Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý Ìý (34)
Payables and other liabilities Ìý Ìý Ìý 65
Net cash provided (used) by operating activities Ìý Ìý Ìý 32
Net Cash Provided by (Used in) Investing Activities [Abstract] Ìý Ìý Ìý Ìý
Capital expended for property and equipment, including internal-use software and website development Ìý Ìý Ìý (35)
Net cash provided (used) by investing activities Ìý Ìý Ìý (35)
Net Cash Provided by (Used in) Financing Activities [Abstract] Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý Ìý 30
Repayments of debt Ìý Ìý Ìý (20)
Atlanta Braves Holdings, Inc. Split-Off Ìý Ìý Ìý (188)
Other financing activities, net Ìý Ìý Ìý 8
Net cash provided (used) by financing activities Ìý Ìý Ìý (170)
Net cash provided (used) by discontinued operations: Ìý Ìý Ìý Ìý
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý Ìý (173)
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý Ìý $ 173