Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 2,994 $ 2,831
Trade and other receivables, net 777 823
Other current assets 432 376
Total current assets 4,203 4,030
Investments in affiliates, accounted for using the equity method 943 1,018
Property and equipment, at cost 3,850 4,017
Accumulated depreciation (1,840) (1,778)
Property and equipment, net 2,010 2,239
Intangible assets not subject to amortization    
Goodwill 19,224 19,218
FCC licenses 8,600 8,600
Other 1,385 1,385
Intangible assets not subject to amortization 29,209 29,203
Intangible assets subject to amortization, net 5,232 5,378
Other assets 2,868 2,136
Total assets 44,465 44,004
Current liabilities:    
Accounts payable and accrued liabilities 1,347 1,583
Current portion of debt 778 743
Deferred revenue 2,283 2,070
Other current liabilities 128 94
Total current liabilities 4,536 4,490
Long-term debt 17,330 16,686
Deferred income tax liabilities 2,043 2,126
Other liabilities 1,083 1,101
Total liabilities 24,992 24,403
Redeemable noncontrolling interests in equity of subsidiary 575  
Stockholders' equity:    
Preferred stock, $.01 par value. Authorized 50,000,000 shares; no shares issued
Additional paid-in capital 2,428 2,688
Accumulated other comprehensive earnings (loss), net of taxes 33 78
Retained earnings 12,204 12,320
Total stockholders' equity 14,670 15,091
Noncontrolling interests in equity of subsidiaries 4,228 4,510
Total equity 18,898 19,601
Commitments and contingencies
Total liabilities and equity 44,465 44,004
Liberty SiriusXM Group    
Current assets:    
Cash and cash equivalents 1,030  
Trade and other receivables, net 611  
Other current assets 235  
Total current assets 1,876  
Investments in affiliates, accounted for using the equity method 791 886
Property and equipment, at cost 2,657  
Accumulated depreciation (1,570)  
Property and equipment, net 1,087  
Intangible assets not subject to amortization    
Goodwill 15,088  
FCC licenses 8,600  
Other 1,242  
Intangible assets not subject to amortization 24,930  
Intangible assets subject to amortization, net 1,418  
Other assets 1,405  
Total assets 31,774  
Current liabilities:    
Accounts payable and accrued liabilities 1,114  
Current portion of debt 514  
Deferred revenue 1,664  
Other current liabilities 467  
Total current liabilities 3,737  
Long-term debt 13,169  
Deferred income tax liabilities 2,039  
Other liabilities 673  
Total liabilities 19,618  
Stockholders' equity:    
Total stockholders' equity 7,934  
Noncontrolling interests in equity of subsidiaries 4,222  
Total liabilities and equity 31,774  
Liberty SiriusXM Group | Common Class A    
Stockholders' equity:    
Common Stock, Value, Issued 1 1
Liberty SiriusXM Group | Common Class B    
Stockholders' equity:    
Common Stock, Value, Issued
Liberty SiriusXM Group | Common Class C    
Stockholders' equity:    
Common Stock, Value, Issued 2 2
Braves Group    
Current assets:    
Cash and cash equivalents 181  
Trade and other receivables, net 25  
Other current assets 37  
Total current assets 243  
Investments in affiliates, accounted for using the equity method 97 94
Property and equipment, at cost 994  
Accumulated depreciation (192)  
Property and equipment, net 802  
Intangible assets not subject to amortization    
Goodwill 180  
Other 143  
Intangible assets not subject to amortization 323  
Intangible assets subject to amortization, net 24  
Other assets 83  
Total assets 1,572  
Current liabilities:    
Accounts payable and accrued liabilities 66  
Current portion of debt 57  
Deferred revenue 127  
Other current liabilities 6  
Total current liabilities 219  
Long-term debt 615  
Deferred income tax liabilities 46  
Other liabilities 204  
Total liabilities 1,338  
Stockholders' equity:    
Total stockholders' equity 234  
Total liabilities and equity 1,572  
Braves Group | Common Class A    
Stockholders' equity:    
Common Stock, Value, Issued
Braves Group | Common Class B    
Stockholders' equity:    
Common Stock, Value, Issued
Braves Group | Common Class C    
Stockholders' equity:    
Common Stock, Value, Issued
Formula One Group    
Current assets:    
Cash and cash equivalents 1,783  
Trade and other receivables, net 141  
Other current assets 544  
Total current assets 2,468  
Investments in affiliates, accounted for using the equity method 55 38
Property and equipment, at cost 199  
Accumulated depreciation (78)  
Property and equipment, net 121  
Intangible assets not subject to amortization    
Goodwill 3,956  
Intangible assets not subject to amortization 3,956  
Intangible assets subject to amortization, net 3,790  
Other assets 1,422  
Total assets 12,001  
Current liabilities:    
Accounts payable and accrued liabilities 167  
Current portion of debt 207  
Deferred revenue 492  
Other current liabilities 39  
Total current liabilities 964  
Long-term debt 3,546  
Other liabilities 206  
Total liabilities 4,918  
Redeemable noncontrolling interests in equity of subsidiary 575  
Stockholders' equity:    
Total stockholders' equity 6,502  
Noncontrolling interests in equity of subsidiaries 6  
Total liabilities and equity 12,001  
Formula One Group | Common Class A    
Stockholders' equity:    
Common Stock, Value, Issued
Formula One Group | Common Class B    
Stockholders' equity:    
Common Stock, Value, Issued
Formula One Group | Common Class C    
Stockholders' equity:    
Common Stock, Value, Issued $ 2 $ 2