Â鶹app

Annual report pursuant to Section 13 and 15(d)

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

v3.22.0.1
Financial Information for Tracking Stock Groups - Statement of Operations (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenue: Ìý Ìý Ìý
Total revenue $ 11,400 $ 9,363 $ 10,292
Operating costs and expenses, including stock-based compensation: Ìý Ìý Ìý
Subscriber acquisition costs 325 362 427
Other operating expenses 642 434 624
Selling, general and administrative 1,907 1,750 1,805
Impairment, restructuring and acquisition costs, net of recoveries 20 1,004 84
Depreciation and amortization 1,072 1,083 1,061
Total operating costs and expenses 9,423 9,186 8,822
Operating income (loss) 1,977 177 1,470
Other income (expense): Ìý Ìý Ìý
Interest expense (642) (634) (657)
Share of earnings (losses) of affiliates, net (200) (586) 6
Realized and unrealized gains (losses) on financial instruments, net (451) (402) (315)
Gains (losses) on dilution of investment in affiliate 152 4 7
Other, net (47) 6 2
Total other income (expense) (1,188) (1,612) (957)
Earnings (loss) before income taxes 789 (1,435) 513
Income tax benefit (expense) (45) 44 (166)
Net earnings (loss) 744 (1,391) 347
Less net earnings (loss) attributable to the noncontrolling interests 292 30 241
Less net earnings (loss) attributable to redeemable noncontrolling interest 54 Ìý Ìý
Net earnings (loss) attributable to Â鶹app stockholders 398 (1,421) 106
Â鶹app SiriusXM Group Ìý Ìý Ìý
Revenue: Ìý Ìý Ìý
Total revenue 8,696 8,040 7,794
Operating costs and expenses, including stock-based compensation: Ìý Ìý Ìý
Subscriber acquisition costs 325 362 427
Other operating expenses 265 264 280
Selling, general and administrative 1,598 1,509 1,495
Impairment, restructuring and acquisition costs, net of recoveries 20 1,004 84
Depreciation and amortization 603 573 537
Total operating costs and expenses 6,779 7,291 6,250
Operating income (loss) 1,917 749 1,544
Other income (expense): Ìý Ìý Ìý
Interest expense (495) (462) (435)
Share of earnings (losses) of affiliates, net (253) (484) (24)
Intergroup interest (expense) income Ìý (7) Ìý
Realized and unrealized gains (losses) on financial instruments, net (433) (521) (41)
Gains (losses) on dilution of investment in affiliate 152 4 Ìý
Unrealized gains/( loss) on inter-group interests 121 125 Ìý
Other, net (60) (17) (38)
Total other income (expense) (968) (1,362) (538)
Earnings (loss) before income taxes 949 (613) 1,006
Income tax benefit (expense) (74) (106) (271)
Net earnings (loss) 875 (719) 735
Less net earnings (loss) attributable to the noncontrolling interests 276 28 241
Net earnings (loss) attributable to Â鶹app stockholders 599 (747) 494
Braves Group Ìý Ìý Ìý
Revenue: Ìý Ìý Ìý
Total revenue 568 178 476
Operating costs and expenses, including stock-based compensation: Ìý Ìý Ìý
Other operating expenses 377 170 344
Selling, general and administrative 99 67 100
Depreciation and amortization 72 69 71
Total operating costs and expenses 548 306 515
Operating income (loss) 20 (128) (39)
Other income (expense): Ìý Ìý Ìý
Interest expense (24) (26) (27)
Share of earnings (losses) of affiliates, net 30 6 18
Realized and unrealized gains (losses) on financial instruments, net 3 (10) (4)
Unrealized gains/( loss) on inter-group interests (31) 42 (42)
Other, net (1) Ìý 2
Total other income (expense) (23) 12 (53)
Earnings (loss) before income taxes (3) (116) (92)
Income tax benefit (expense) (8) 38 15
Net earnings (loss) (11) (78) (77)
Net earnings (loss) attributable to Â鶹app stockholders (11) (78) (77)
Formula One Group Ìý Ìý Ìý
Revenue: Ìý Ìý Ìý
Total revenue 2,136 1,145 2,022
Operating costs and expenses, including stock-based compensation: Ìý Ìý Ìý
Selling, general and administrative 210 174 210
Depreciation and amortization 397 441 453
Total operating costs and expenses 2,096 1,589 2,057
Operating income (loss) 40 (444) (35)
Other income (expense): Ìý Ìý Ìý
Interest expense (123) (146) (195)
Share of earnings (losses) of affiliates, net 23 (108) 12
Intergroup interest (expense) income Ìý 7 Ìý
Realized and unrealized gains (losses) on financial instruments, net (21) 129 (270)
Gains (losses) on dilution of investment in affiliate Ìý Ìý 7
Unrealized gains/( loss) on inter-group interests (90) (167) 42
Other, net 14 23 38
Total other income (expense) (197) (262) (366)
Earnings (loss) before income taxes (157) (706) (401)
Income tax benefit (expense) 37 112 90
Net earnings (loss) (120) (594) (311)
Less net earnings (loss) attributable to the noncontrolling interests 16 2 Ìý
Less net earnings (loss) attributable to redeemable noncontrolling interest 54 Ìý Ìý
Net earnings (loss) attributable to Â鶹app stockholders (190) (596) (311)
Sirius XM Holdings Revenue Ìý Ìý Ìý
Revenue: Ìý Ìý Ìý
Total revenue 8,696 8,040 7,794
Sirius XM Holdings Revenue | Â鶹app SiriusXM Group Ìý Ìý Ìý
Revenue: Ìý Ìý Ìý
Total revenue 8,696 8,040 7,794
Revenue Share And Royalties Ìý Ìý Ìý
Operating costs and expenses, including stock-based compensation: Ìý Ìý Ìý
Cost of services 2,672 2,421 2,291
Revenue Share And Royalties | Â鶹app SiriusXM Group Ìý Ìý Ìý
Operating costs and expenses, including stock-based compensation: Ìý Ìý Ìý
Cost of services 2,672 2,421 2,291
Programming and content expense Ìý Ìý Ìý
Operating costs and expenses, including stock-based compensation: Ìý Ìý Ìý
Cost of services 559 481 462
Programming and content expense | Â鶹app SiriusXM Group Ìý Ìý Ìý
Operating costs and expenses, including stock-based compensation: Ìý Ìý Ìý
Cost of services 559 481 462
Customer service and billing Ìý Ìý Ìý
Operating costs and expenses, including stock-based compensation: Ìý Ìý Ìý
Cost of services 501 481 475
Customer service and billing | Â鶹app SiriusXM Group Ìý Ìý Ìý
Operating costs and expenses, including stock-based compensation: Ìý Ìý Ìý
Cost of services 501 481 475
Other cost of subscriber services Ìý Ìý Ìý
Operating costs and expenses, including stock-based compensation: Ìý Ìý Ìý
Cost of services 236 196 199
Other cost of subscriber services | Â鶹app SiriusXM Group Ìý Ìý Ìý
Operating costs and expenses, including stock-based compensation: Ìý Ìý Ìý
Cost of services 236 196 199
Primary Formula 1 Ìý Ìý Ìý
Revenue: Ìý Ìý Ìý
Total revenue 2,136 1,145 2,022
Operating costs and expenses, including stock-based compensation: Ìý Ìý Ìý
Cost of services 1,489 974 1,394
Primary Formula 1 | Formula One Group Ìý Ìý Ìý
Revenue: Ìý Ìý Ìý
Total revenue 2,136 1,145 2,022
Operating costs and expenses, including stock-based compensation: Ìý Ìý Ìý
Cost of services 1,489 974 1,394
Other. Ìý Ìý Ìý
Revenue: Ìý Ìý Ìý
Total revenue 568 178 476
Other. | Braves Group Ìý Ìý Ìý
Revenue: Ìý Ìý Ìý
Total revenue $ 568 $ 178 $ 476