Â鶹app

Quarterly report pursuant to Section 13 or 15(d)

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

v3.22.2
Financial Information for Tracking Stock Groups - Cash Flows (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities: Ìý Ìý Ìý Ìý
Net earnings (loss) $ 674 $ 528 $ 970 $ 514
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities: Ìý Ìý Ìý Ìý
Depreciation and amortization 262 268 522 532
Stock-based compensation Ìý Ìý 112 123
Non-cash impairment and restructuring costs Ìý Ìý Ìý 245
Share of (earnings) loss of affiliates, net (61) 48 (47) 143
Realized and unrealized (gains) losses on financial instruments, net (380) (155) (439) (106)
Deferred income tax expense (benefit) Ìý Ìý 181 (101)
Other charges (credits), net Ìý Ìý (34) 3
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý (114) (176)
Payables and other liabilities Ìý Ìý 70 58
Net cash provided (used) by operating activities Ìý Ìý 1,221 1,235
Cash flows from investing activities: Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý (9) (185)
Investment of subsidiary initial public offering proceeds into trust account Ìý Ìý Ìý (575)
Cash proceeds from dispositions Ìý Ìý 148 169
Cash (paid) received for acquisitions, net of cash acquired Ìý Ìý (137) (14)
Capital expended for property and equipment, including internal-use software and website development Ìý Ìý (455) (190)
Other investing activities, net Ìý Ìý 78 41
Net cash provided (used) by investing activities Ìý Ìý (375) (754)
Cash flows from financing activities: Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý 2,674 3,794
Repayments of debt Ìý Ìý (2,701) (2,513)
Â鶹app stock repurchases Ìý Ìý (356) (243)
Subsidiary shares repurchased by subsidiary Ìý Ìý (415) (856)
Cash dividends paid by subsidiary Ìý Ìý (217) (28)
Taxes paid in lieu of shares issued for stock-based compensation Ìý Ìý (45) (45)
Proceeds from initial public offering of subsidiary Ìý Ìý Ìý 575
Other financing activities, net Ìý Ìý 17 (34)
Net cash provided (used) by financing activities Ìý Ìý (1,043) 650
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash Ìý Ìý (8) (2)
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý (205) 1,129
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý 2,924 2,877
Cash, cash equivalents and restricted cash at end of period 2,719 4,006 2,719 4,006
Â鶹app SiriusXM Group Ìý Ìý Ìý Ìý
Cash flows from operating activities: Ìý Ìý Ìý Ìý
Net earnings (loss) 498 432 842 470
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities: Ìý Ìý Ìý Ìý
Depreciation and amortization 152 150 304 299
Stock-based compensation Ìý Ìý 99 104
Non-cash impairment and restructuring costs Ìý Ìý Ìý 245
Share of (earnings) loss of affiliates, net (54) 70 (36) 183
Unrealized (gains) losses on intergroup interests, net 35 (22) 15 (32)
Realized and unrealized (gains) losses on financial instruments, net (296) (86) (357) Ìý
Deferred income tax expense (benefit) Ìý Ìý 161 (13)
Intergroup tax allocation Ìý Ìý 65 2
Intergroup tax (payments) receipts Ìý Ìý (42) Ìý
Other charges (credits), net Ìý Ìý (13) (2)
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý 11 (90)
Payables and other liabilities Ìý Ìý (162) (291)
Net cash provided (used) by operating activities Ìý Ìý 887 875
Cash flows from investing activities: Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý (1) (61)
Cash proceeds from dispositions Ìý Ìý 50 Ìý
Cash (paid) received for acquisitions, net of cash acquired Ìý Ìý (137) (14)
Capital expended for property and equipment, including internal-use software and website development Ìý Ìý (196) (164)
Other investing activities, net Ìý Ìý 4 4
Net cash provided (used) by investing activities Ìý Ìý (280) (235)
Cash flows from financing activities: Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý 2,634 3,722
Repayments of debt Ìý Ìý (2,320) (2,270)
Â鶹app stock repurchases Ìý Ìý (319) (243)
Subsidiary shares repurchased by subsidiary Ìý Ìý (415) (856)
Cash dividends paid by subsidiary Ìý Ìý (217) (28)
Taxes paid in lieu of shares issued for stock-based compensation Ìý Ìý (71) (44)
Settlement of intergroup call spread Ìý Ìý Ìý (384)
Other financing activities, net Ìý Ìý (3) 5
Net cash provided (used) by financing activities Ìý Ìý (711) (98)
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý (104) 542
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý 606 1,008
Cash, cash equivalents and restricted cash at end of period 502 1,550 502 1,550
Braves Group Ìý Ìý Ìý Ìý
Cash flows from operating activities: Ìý Ìý Ìý Ìý
Net earnings (loss) 64 25 51 (34)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities: Ìý Ìý Ìý Ìý
Depreciation and amortization 17 19 35 34
Stock-based compensation Ìý Ìý 6 6
Share of (earnings) loss of affiliates, net (8) (8) (12) (11)
Unrealized (gains) losses on intergroup interests, net (35) (1) (36) 27
Realized and unrealized (gains) losses on financial instruments, net (1) 1 (6) (1)
Deferred income tax expense (benefit) Ìý Ìý (6) (3)
Intergroup tax allocation Ìý Ìý 13 2
Intergroup tax (payments) receipts Ìý Ìý 9 Ìý
Other charges (credits), net Ìý Ìý (11) 3
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý (8) 2
Payables and other liabilities Ìý Ìý 65 23
Net cash provided (used) by operating activities Ìý Ìý 100 48
Cash flows from investing activities: Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý (5) Ìý
Cash proceeds from dispositions Ìý Ìý 47 2
Capital expended for property and equipment, including internal-use software and website development Ìý Ìý (8) (19)
Net cash provided (used) by investing activities Ìý Ìý 34 (17)
Cash flows from financing activities: Ìý Ìý Ìý Ìý
Borrowings of debt Ìý Ìý 40 72
Repayments of debt Ìý Ìý (138) (53)
Other financing activities, net Ìý Ìý (7) (4)
Net cash provided (used) by financing activities Ìý Ìý (105) 15
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý 29 46
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý 244 185
Cash, cash equivalents and restricted cash at end of period 273 231 273 231
Formula One Group Ìý Ìý Ìý Ìý
Cash flows from operating activities: Ìý Ìý Ìý Ìý
Net earnings (loss) 112 71 77 78
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities: Ìý Ìý Ìý Ìý
Depreciation and amortization 93 99 183 199
Stock-based compensation Ìý Ìý 7 13
Share of (earnings) loss of affiliates, net 1 (14) 1 (29)
Unrealized (gains) losses on intergroup interests, net Ìý 23 21 5
Realized and unrealized (gains) losses on financial instruments, net (83) (70) (76) (105)
Deferred income tax expense (benefit) Ìý Ìý 26 (85)
Intergroup tax allocation Ìý Ìý (78) (4)
Intergroup tax (payments) receipts Ìý Ìý 33 Ìý
Other charges (credits), net Ìý Ìý (10) 2
Changes in operating assets and liabilities Ìý Ìý Ìý Ìý
Current and other assets Ìý Ìý (117) (88)
Payables and other liabilities Ìý Ìý 167 326
Net cash provided (used) by operating activities Ìý Ìý 234 312
Cash flows from investing activities: Ìý Ìý Ìý Ìý
Investments in equity method affiliates and debt and equity securities Ìý Ìý (3) (124)
Investment of subsidiary initial public offering proceeds into trust account Ìý Ìý Ìý (575)
Cash proceeds from dispositions Ìý Ìý 51 167
Capital expended for property and equipment, including internal-use software and website development Ìý Ìý (251) (7)
Other investing activities, net Ìý Ìý 74 37
Net cash provided (used) by investing activities Ìý Ìý (129) (502)
Cash flows from financing activities: Ìý Ìý Ìý Ìý
Repayments of debt Ìý Ìý (243) (190)
Â鶹app stock repurchases Ìý Ìý (37) Ìý
Taxes paid in lieu of shares issued for stock-based compensation Ìý Ìý 26 (1)
Proceeds from initial public offering of subsidiary Ìý Ìý Ìý 575
Settlement of intergroup call spread Ìý Ìý Ìý 384
Other financing activities, net Ìý Ìý 27 (35)
Net cash provided (used) by financing activities Ìý Ìý (227) 733
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash Ìý Ìý (8) (2)
Net increase (decrease) in cash, cash equivalents and restricted cash Ìý Ìý (130) 541
Cash, cash equivalents and restricted cash at beginning of period Ìý Ìý 2,074 1,684
Cash, cash equivalents and restricted cash at end of period $ 1,944 $ 2,225 $ 1,944 $ 2,225