| Condensed Statement of Operations |
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Attributed (note 1)
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Â鶹app
|
Ìý
|
Â鶹app
|
Ìý
|
Â鶹app
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
SiriusXM
|
Ìý
|
Braves
|
Ìý
|
Media
|
Ìý
|
Inter-Group
|
Ìý
|
Consolidated
|
Ìý
|
|
Ìý
|
ÌýÌýÌýÌý
|
Group
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Eliminations
|
Ìý
|
Â鶹app
|
ÌýÌýÌýÌý
|
|
Ìý
|
Ìý
|
amountsÌýinÌýmillions
|
Ìý
|
|
Assets
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Current assets:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Cash and cash equivalents
|
Ìý
|
$
|
526
|
Ìý
|
149
|
Ìý
|
554
|
Ìý
|
Ìý—
|
Ìý
|
1,229
|
Ìý
|
|
Trade and other receivables, net
|
Ìý
|
Ìý
|
225
|
Ìý
|
48
|
Ìý
|
3
|
Ìý
|
Ìý—
|
Ìý
|
276
|
Ìý
|
|
Other current assets
|
Ìý
|
Ìý
|
232
|
Ìý
|
27
|
Ìý
|
4
|
Ìý
|
Ìý—
|
Ìý
|
263
|
Ìý
|
|
Total current assets
|
Ìý
|
Ìý
|
983
|
Ìý
|
224
|
Ìý
|
561
|
Ìý
|
Ìý—
|
Ìý
|
1,768
|
Ìý
|
|
Intergroup interest in the Â鶹app Braves Group (note 2)
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
133
|
Ìý
|
(133)
|
Ìý
|
Ìý—
|
Ìý
|
|
Investments in available-for-sale securities and other cost investments (noteÌý3)
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
8
|
Ìý
|
484
|
Ìý
|
Ìý—
|
Ìý
|
492
|
Ìý
|
|
Investments in affiliates, accounted for using the equity method (noteÌý4)
|
Ìý
|
Ìý
|
166
|
Ìý
|
52
|
Ìý
|
905
|
Ìý
|
Ìý—
|
Ìý
|
1,123
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Property and equipment, at cost
|
Ìý
|
Ìý
|
1,985
|
Ìý
|
647
|
Ìý
|
160
|
Ìý
|
Ìý—
|
Ìý
|
2,792
|
Ìý
|
|
Accumulated depreciation
|
Ìý
|
Ìý
|
(637)
|
Ìý
|
(45)
|
Ìý
|
(68)
|
Ìý
|
Ìý—
|
Ìý
|
(750)
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
1,348
|
Ìý
|
602
|
Ìý
|
92
|
Ìý
|
Ìý—
|
Ìý
|
2,042
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Intangible assets not subject to amortization
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Goodwill
|
Ìý
|
Ìý
|
14,165
|
Ìý
|
180
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
14,345
|
Ìý
|
|
FCC licenses
|
Ìý
|
Ìý
|
8,600
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
8,600
|
Ìý
|
|
Other
|
Ìý
|
Ìý
|
930
|
Ìý
|
143
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
1,073
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
23,695
|
Ìý
|
323
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
24,018
|
Ìý
|
|
Intangible assets subject to amortization, net
|
Ìý
|
Ìý
|
1,004
|
Ìý
|
64
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
1,068
|
Ìý
|
|
Other assets
|
Ìý
|
Ìý
|
140
|
Ìý
|
12
|
Ìý
|
226
|
Ìý
|
Ìý—
|
Ìý
|
378
|
Ìý
|
|
Total assets
|
Ìý
|
$
|
27,336
|
Ìý
|
1,285
|
Ìý
|
2,401
|
Ìý
|
(133)
|
Ìý
|
30,889
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Liabilities and Equity
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Current liabilities:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Intergroup payable (receivable) (note 7)
|
Ìý
|
$
|
3
|
Ìý
|
(1)
|
Ìý
|
(2)
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
|
Accounts payable and accrued liabilities
|
Ìý
|
Ìý
|
715
|
Ìý
|
72
|
Ìý
|
21
|
Ìý
|
Ìý—
|
Ìý
|
808
|
Ìý
|
|
Current portion of debt (noteÌý5)
|
Ìý
|
Ìý
|
256
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
256
|
Ìý
|
|
Deferred revenue
|
Ìý
|
Ìý
|
1,814
|
Ìý
|
68
|
Ìý
|
1
|
Ìý
|
Ìý—
|
Ìý
|
1,883
|
Ìý
|
|
Other current liabilities
|
Ìý
|
Ìý
|
3
|
Ìý
|
Ìý—
|
Ìý
|
45
|
Ìý
|
Ìý—
|
Ìý
|
48
|
Ìý
|
|
Total current liabilities
|
Ìý
|
Ìý
|
2,791
|
Ìý
|
139
|
Ìý
|
65
|
Ìý
|
Ìý—
|
Ìý
|
2,995
|
Ìý
|
|
Long-term debt (note 5)
|
Ìý
|
Ìý
|
6,107
|
Ìý
|
137
|
Ìý
|
1,031
|
Ìý
|
Ìý—
|
Ìý
|
7,275
|
Ìý
|
|
Deferred income tax liabilities
|
Ìý
|
Ìý
|
1,796
|
Ìý
|
27
|
Ìý
|
29
|
Ìý
|
Ìý—
|
Ìý
|
1,852
|
Ìý
|
|
Redeemable intergroup interest (note 2)
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
133
|
Ìý
|
Ìý—
|
Ìý
|
(133)
|
Ìý
|
Ìý—
|
Ìý
|
|
Other liabilities
|
Ìý
|
Ìý
|
272
|
Ìý
|
388
|
Ìý
|
56
|
Ìý
|
Ìý—
|
Ìý
|
716
|
Ìý
|
|
Total liabilities
|
Ìý
|
Ìý
|
10,966
|
Ìý
|
824
|
Ìý
|
1,181
|
Ìý
|
(133)
|
Ìý
|
12,838
|
Ìý
|
|
Equity / Attributed net assets
|
Ìý
|
Ìý
|
9,980
|
Ìý
|
447
|
Ìý
|
1,220
|
Ìý
|
Ìý—
|
Ìý
|
11,647
|
Ìý
|
|
Noncontrolling interests in equity of subsidiaries
|
Ìý
|
Ìý
|
6,390
|
Ìý
|
14
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
6,404
|
Ìý
|
|
Total liabilities and equity
|
Ìý
|
$
|
27,336
|
Ìý
|
1,285
|
Ìý
|
2,401
|
Ìý
|
(133)
|
Ìý
|
30,889
|
Ìý
|
STATEMENT OF OPERATIONS INFORMATION
Three months ended June 30, 2016
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Attributed (note 1)
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Â鶹app
|
Ìý
|
Â鶹app
|
Ìý
|
Â鶹app
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
SiriusXM
|
Ìý
|
Braves
|
Ìý
|
Media
|
Ìý
|
Consolidated
|
Ìý
|
|
Ìý
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Â鶹app
|
Ìý
|
|
Ìý
|
Ìý
|
amounts in millions
|
Ìý
|
|
Revenue:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Subscriber revenue
|
Ìý
|
$
|
1,032
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
1,032
|
Ìý
|
|
Other revenue
|
Ìý
|
Ìý
|
203
|
Ìý
|
131
|
Ìý
|
Ìý—
|
Ìý
|
334
|
Ìý
|
|
Total revenue
|
Ìý
|
Ìý
|
1,235
|
Ìý
|
131
|
Ìý
|
Ìý—
|
Ìý
|
1,366
|
Ìý
|
|
Operating costs and expenses, including stock-based compensation (note 6):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Cost of subscriber services (exclusive of depreciation shown separately below):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Revenue share and royalties
|
Ìý
|
Ìý
|
264
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
264
|
Ìý
|
|
Programming and content
|
Ìý
|
Ìý
|
83
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
83
|
Ìý
|
|
Customer service and billing
|
Ìý
|
Ìý
|
94
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
94
|
Ìý
|
|
Other
|
Ìý
|
Ìý
|
45
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
45
|
Ìý
|
|
Subscriber acquisition costs
|
Ìý
|
Ìý
|
129
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
129
|
Ìý
|
|
Other operating expenses
|
Ìý
|
Ìý
|
20
|
Ìý
|
102
|
Ìý
|
Ìý—
|
Ìý
|
122
|
Ìý
|
|
Selling, general and administrative
|
Ìý
|
Ìý
|
180
|
Ìý
|
19
|
Ìý
|
9
|
Ìý
|
208
|
Ìý
|
|
Depreciation and amortization
|
Ìý
|
Ìý
|
77
|
Ìý
|
13
|
Ìý
|
3
|
Ìý
|
93
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
892
|
Ìý
|
134
|
Ìý
|
12
|
Ìý
|
1,038
|
Ìý
|
|
Operating income (loss)
|
Ìý
|
Ìý
|
343
|
Ìý
|
(3)
|
Ìý
|
(12)
|
Ìý
|
328
|
Ìý
|
|
Other income (expense):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Interest expense
|
Ìý
|
Ìý
|
(86)
|
Ìý
|
Ìý—
|
Ìý
|
(4)
|
Ìý
|
(90)
|
Ìý
|
|
Share of earnings (losses) of affiliates, net
|
Ìý
|
Ìý
|
2
|
Ìý
|
2
|
Ìý
|
14
|
Ìý
|
18
|
Ìý
|
|
Realized and unrealized gains (losses) on financial instruments, net
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
(32)
|
Ìý
|
(32)
|
Ìý
|
|
Unrealized gains (losses) on intergroup interest (note 2)
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
27
|
Ìý
|
(27)
|
Ìý
|
Ìý—
|
Ìý
|
|
Other, net
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
(1)
|
Ìý
|
6
|
Ìý
|
5
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
(84)
|
Ìý
|
28
|
Ìý
|
(43)
|
Ìý
|
(99)
|
Ìý
|
|
Earnings (loss) before income taxes
|
Ìý
|
Ìý
|
259
|
Ìý
|
25
|
Ìý
|
(55)
|
Ìý
|
229
|
Ìý
|
|
Income tax (expense) benefit
|
Ìý
|
Ìý
|
(99)
|
Ìý
|
Ìý—
|
Ìý
|
10
|
Ìý
|
(89)
|
Ìý
|
|
Net earnings (loss)
|
Ìý
|
Ìý
|
160
|
Ìý
|
25
|
Ìý
|
(45)
|
Ìý
|
140
|
Ìý
|
|
Less net earnings (loss) attributable to the noncontrolling interests
|
Ìý
|
Ìý
|
60
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
60
|
Ìý
|
|
Net earnings (loss) attributable to Â鶹app stockholders
|
Ìý
|
$
|
100
|
Ìý
|
25
|
Ìý
|
(45)
|
Ìý
|
80
|
Ìý
|
Ìý
Ìý
Ìý
Ìý
STATEMENT OF OPERATIONS INFORMATION
Three months endedÌýJune 30, 2015
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Attributed (note 1)
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Â鶹app
|
Ìý
|
Â鶹app
|
Ìý
|
Â鶹app
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
SiriusXM
|
Ìý
|
Braves
|
Ìý
|
Media
|
Ìý
|
Consolidated
|
Ìý
|
|
Ìý
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Â鶹app
|
Ìý
|
|
Ìý
|
Ìý
|
amounts in millions
|
Ìý
|
|
Revenue:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Subscriber revenue
|
Ìý
|
$
|
936
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
936
|
Ìý
|
|
Other revenue
|
Ìý
|
Ìý
|
183
|
Ìý
|
103
|
Ìý
|
Ìý—
|
Ìý
|
286
|
Ìý
|
|
Total revenue
|
Ìý
|
Ìý
|
1,119
|
Ìý
|
103
|
Ìý
|
Ìý—
|
Ìý
|
1,222
|
Ìý
|
|
Operating costs and expenses, including stock-based compensation (note 6):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Cost of subscriber services (exclusive of depreciation shown separately below):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Revenue share and royalties
|
Ìý
|
Ìý
|
331
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
331
|
Ìý
|
|
Programming and content
|
Ìý
|
Ìý
|
61
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
61
|
Ìý
|
|
Customer service and billing
|
Ìý
|
Ìý
|
94
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
94
|
Ìý
|
|
Other
|
Ìý
|
Ìý
|
34
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
34
|
Ìý
|
|
Subscriber acquisition costs
|
Ìý
|
Ìý
|
137
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
137
|
Ìý
|
|
Other operating expenses
|
Ìý
|
Ìý
|
18
|
Ìý
|
85
|
Ìý
|
Ìý—
|
Ìý
|
103
|
Ìý
|
|
Selling, general and administrative
|
Ìý
|
Ìý
|
169
|
Ìý
|
15
|
Ìý
|
15
|
Ìý
|
199
|
Ìý
|
|
Depreciation and amortization
|
Ìý
|
Ìý
|
81
|
Ìý
|
9
|
Ìý
|
2
|
Ìý
|
92
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
925
|
Ìý
|
109
|
Ìý
|
17
|
Ìý
|
1,051
|
Ìý
|
|
Operating income (loss)
|
Ìý
|
Ìý
|
194
|
Ìý
|
(6)
|
Ìý
|
(17)
|
Ìý
|
171
|
Ìý
|
|
Other income (expense):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Interest expense
|
Ìý
|
Ìý
|
(76)
|
Ìý
|
(1)
|
Ìý
|
(6)
|
Ìý
|
(83)
|
Ìý
|
|
Share of earnings (losses) of affiliates, net
|
Ìý
|
Ìý
|
3
|
Ìý
|
2
|
Ìý
|
(5)
|
Ìý
|
Ìý—
|
Ìý
|
|
Realized and unrealized gains (losses) on financial instruments, net
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
40
|
Ìý
|
40
|
Ìý
|
|
Other, net
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
6
|
Ìý
|
6
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
(73)
|
Ìý
|
1
|
Ìý
|
35
|
Ìý
|
(37)
|
Ìý
|
|
Earnings (loss) before income taxes
|
Ìý
|
Ìý
|
121
|
Ìý
|
(5)
|
Ìý
|
18
|
Ìý
|
134
|
Ìý
|
|
Income tax (expense) benefit
|
Ìý
|
Ìý
|
(30)
|
Ìý
|
1
|
Ìý
|
(6)
|
Ìý
|
(35)
|
Ìý
|
|
Net earnings (loss)
|
Ìý
|
Ìý
|
91
|
Ìý
|
(4)
|
Ìý
|
12
|
Ìý
|
99
|
Ìý
|
|
Less net earnings (loss) attributable to the noncontrolling interests
|
Ìý
|
Ìý
|
38
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
38
|
Ìý
|
|
Net earnings (loss) attributable to Â鶹app stockholders
|
Ìý
|
$
|
53
|
Ìý
|
(4)
|
Ìý
|
12
|
Ìý
|
61
|
Ìý
|
STATEMENT OF OPERATIONS INFORMATION
Six months endedÌýJune 30, 2016
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Attributed (note 1)
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Â鶹app
|
Ìý
|
Â鶹app
|
Ìý
|
Â鶹app
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
SiriusXM
|
Ìý
|
Braves
|
Ìý
|
Media
|
Ìý
|
Consolidated
|
Ìý
|
|
Ìý
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Â鶹app
|
Ìý
|
|
Ìý
|
Ìý
|
amounts in millions
|
Ìý
|
|
Revenue:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Subscriber revenue
|
Ìý
|
$
|
2,041
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
2,041
|
Ìý
|
|
Other revenue
|
Ìý
|
Ìý
|
394
|
Ìý
|
135
|
Ìý
|
Ìý—
|
Ìý
|
529
|
Ìý
|
|
Total revenue
|
Ìý
|
Ìý
|
2,435
|
Ìý
|
135
|
Ìý
|
Ìý—
|
Ìý
|
2,570
|
Ìý
|
|
Operating costs and expenses, including stock-based compensation (note 6):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Cost of subscriber services (exclusive of depreciation shown separately below):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Revenue share and royalties
|
Ìý
|
Ìý
|
516
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
516
|
Ìý
|
|
Programming and content
|
Ìý
|
Ìý
|
168
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
168
|
Ìý
|
|
Customer service and billing
|
Ìý
|
Ìý
|
191
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
191
|
Ìý
|
|
Other
|
Ìý
|
Ìý
|
78
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
78
|
Ìý
|
|
Subscriber acquisition costs
|
Ìý
|
Ìý
|
261
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
261
|
Ìý
|
|
Other operating expenses
|
Ìý
|
Ìý
|
39
|
Ìý
|
130
|
Ìý
|
Ìý—
|
Ìý
|
169
|
Ìý
|
|
Selling, general and administrative
|
Ìý
|
Ìý
|
347
|
Ìý
|
33
|
Ìý
|
29
|
Ìý
|
409
|
Ìý
|
|
Legal settlement, net
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
(511)
|
Ìý
|
(511)
|
Ìý
|
|
Depreciation and amortization
|
Ìý
|
Ìý
|
156
|
Ìý
|
18
|
Ìý
|
6
|
Ìý
|
180
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
1,756
|
Ìý
|
181
|
Ìý
|
(476)
|
Ìý
|
1,461
|
Ìý
|
|
Operating income (loss)
|
Ìý
|
Ìý
|
679
|
Ìý
|
(46)
|
Ìý
|
476
|
Ìý
|
1,109
|
Ìý
|
|
Other income (expense):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Interest expense
|
Ìý
|
Ìý
|
(167)
|
Ìý
|
Ìý—
|
Ìý
|
(7)
|
Ìý
|
(174)
|
Ìý
|
|
Share of earnings (losses) of affiliates, net
|
Ìý
|
Ìý
|
9
|
Ìý
|
4
|
Ìý
|
(7)
|
Ìý
|
6
|
Ìý
|
|
Realized and unrealized gains (losses) on financial instruments, net
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
(40)
|
Ìý
|
(40)
|
Ìý
|
|
Unrealized gains (losses) on intergroup interest (note 2)
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
27
|
Ìý
|
(27)
|
Ìý
|
Ìý—
|
Ìý
|
|
Other, net
|
Ìý
|
Ìý
|
1
|
Ìý
|
(1)
|
Ìý
|
12
|
Ìý
|
12
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
(157)
|
Ìý
|
30
|
Ìý
|
(69)
|
Ìý
|
(196)
|
Ìý
|
|
Earnings (loss) before income taxes
|
Ìý
|
Ìý
|
522
|
Ìý
|
(16)
|
Ìý
|
407
|
Ìý
|
913
|
Ìý
|
|
Income tax (expense) benefit
|
Ìý
|
Ìý
|
(199)
|
Ìý
|
16
|
Ìý
|
(163)
|
Ìý
|
(346)
|
Ìý
|
|
Net earnings (loss)
|
Ìý
|
Ìý
|
323
|
Ìý
|
Ìý—
|
Ìý
|
244
|
Ìý
|
567
|
Ìý
|
|
Less net earnings (loss) attributable to the noncontrolling interests
|
Ìý
|
Ìý
|
122
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
122
|
Ìý
|
|
Net earnings (loss) attributable to Â鶹app stockholders
|
Ìý
|
$
|
201
|
Ìý
|
Ìý—
|
Ìý
|
244
|
Ìý
|
445
|
Ìý
|
Ìý
Ìý
STATEMENT OF OPERATIONS INFORMATION
Six months endedÌýJune 30, 2015
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Attributed (note 1)
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Â鶹app
|
Ìý
|
Â鶹app
|
Ìý
|
Â鶹app
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
SiriusXM
|
Ìý
|
Braves
|
Ìý
|
Media
|
Ìý
|
Consolidated
|
Ìý
|
|
Ìý
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Â鶹app
|
Ìý
|
|
Ìý
|
Ìý
|
amounts in millions
|
Ìý
|
|
Revenue:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Subscriber revenue
|
Ìý
|
$
|
1,843
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
1,843
|
Ìý
|
|
Other revenue
|
Ìý
|
Ìý
|
352
|
Ìý
|
108
|
Ìý
|
Ìý—
|
Ìý
|
460
|
Ìý
|
|
Total revenue
|
Ìý
|
Ìý
|
2,195
|
Ìý
|
108
|
Ìý
|
Ìý—
|
Ìý
|
2,303
|
Ìý
|
|
Operating costs and expenses, including stock-based compensation (note 6):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Cost of subscriber services (exclusive of depreciation shown separately below):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Revenue share and royalties
|
Ìý
|
Ìý
|
544
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
544
|
Ìý
|
|
Programming and content
|
Ìý
|
Ìý
|
123
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
123
|
Ìý
|
|
Customer service and billing
|
Ìý
|
Ìý
|
186
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
186
|
Ìý
|
|
Other
|
Ìý
|
Ìý
|
65
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
65
|
Ìý
|
|
Subscriber acquisition costs
|
Ìý
|
Ìý
|
259
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
259
|
Ìý
|
|
Other operating expenses
|
Ìý
|
Ìý
|
35
|
Ìý
|
98
|
Ìý
|
Ìý—
|
Ìý
|
133
|
Ìý
|
|
Selling, general and administrative
|
Ìý
|
Ìý
|
341
|
Ìý
|
28
|
Ìý
|
32
|
Ìý
|
401
|
Ìý
|
|
Depreciation and amortization
|
Ìý
|
Ìý
|
158
|
Ìý
|
14
|
Ìý
|
4
|
Ìý
|
176
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
1,711
|
Ìý
|
140
|
Ìý
|
36
|
Ìý
|
1,887
|
Ìý
|
|
Operating income (loss)
|
Ìý
|
Ìý
|
484
|
Ìý
|
(32)
|
Ìý
|
(36)
|
Ìý
|
416
|
Ìý
|
|
Other income (expense):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Interest expense
|
Ìý
|
Ìý
|
(149)
|
Ìý
|
(1)
|
Ìý
|
(10)
|
Ìý
|
(160)
|
Ìý
|
|
Share of earnings (losses) of affiliates, net
|
Ìý
|
Ìý
|
(4)
|
Ìý
|
4
|
Ìý
|
(37)
|
Ìý
|
(37)
|
Ìý
|
|
Realized and unrealized gains (losses) on financial instruments, net
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
12
|
Ìý
|
12
|
Ìý
|
|
Other, net
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
8
|
Ìý
|
8
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
(153)
|
Ìý
|
3
|
Ìý
|
(27)
|
Ìý
|
(177)
|
Ìý
|
|
Earnings (loss) before income taxes
|
Ìý
|
Ìý
|
331
|
Ìý
|
(29)
|
Ìý
|
(63)
|
Ìý
|
239
|
Ìý
|
|
Income tax (expense) benefit
|
Ìý
|
Ìý
|
(155)
|
Ìý
|
10
|
Ìý
|
24
|
Ìý
|
(121)
|
Ìý
|
|
Net earnings (loss)
|
Ìý
|
Ìý
|
176
|
Ìý
|
(19)
|
Ìý
|
(39)
|
Ìý
|
118
|
Ìý
|
|
Less net earnings (loss) attributable to the noncontrolling interests
|
Ìý
|
Ìý
|
76
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
76
|
Ìý
|
|
Net earnings (loss) attributable to Â鶹app stockholders
|
Ìý
|
$
|
100
|
Ìý
|
(19)
|
Ìý
|
(39)
|
Ìý
|
42
|
Ìý
|
Ìý
|
| Condensed Statement of Cash Flows |
STATEMENT OF CASH FLOWS INFORMATION
Six months endedÌýJune 30, 2016
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Attributed (note 1)
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Â鶹app
|
Ìý
|
Â鶹app
|
Ìý
|
Â鶹app
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
SiriusXM
|
Ìý
|
Braves
|
Ìý
|
Media
|
Ìý
|
Consolidated
|
Ìý
|
|
Ìý
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Â鶹app
|
Ìý
|
|
Ìý
|
Ìý
|
amountsÌýinÌýmillions
|
Ìý
|
|
Cash flows from operating activities:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Net earnings (loss)
|
Ìý
|
$
|
323
|
Ìý
|
Ìý—
|
Ìý
|
244
|
Ìý
|
567
|
Ìý
|
|
Adjustments to reconcile net earnings to net cash provided by operating activities:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Depreciation and amortization
|
Ìý
|
Ìý
|
156
|
Ìý
|
18
|
Ìý
|
6
|
Ìý
|
180
|
Ìý
|
|
Stock-based compensation
|
Ìý
|
Ìý
|
54
|
Ìý
|
4
|
Ìý
|
10
|
Ìý
|
68
|
Ìý
|
|
Excess tax benefit from stock-based compensation
|
Ìý
|
Ìý
|
(1)
|
Ìý
|
Ìý—
|
Ìý
|
(74)
|
Ìý
|
(75)
|
Ìý
|
|
Share of (earnings) loss of affiliates, net
|
Ìý
|
Ìý
|
(9)
|
Ìý
|
(4)
|
Ìý
|
7
|
Ìý
|
(6)
|
Ìý
|
|
Unrealized (gains) losses on intergroup interest, net
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
(27)
|
Ìý
|
27
|
Ìý
|
Ìý—
|
Ìý
|
|
Realized and unrealized (gains) losses on financial instruments, net
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
40
|
Ìý
|
40
|
Ìý
|
|
Deferred income tax expense (benefit)
|
Ìý
|
Ìý
|
190
|
Ìý
|
(20)
|
Ìý
|
10
|
Ìý
|
180
|
Ìý
|
|
Intergroup tax allocation
|
Ìý
|
Ìý
|
3
|
Ìý
|
(4)
|
Ìý
|
1
|
Ìý
|
Ìý—
|
Ìý
|
|
Other charges (credits), net
|
Ìý
|
Ìý
|
26
|
Ìý
|
1
|
Ìý
|
(4)
|
Ìý
|
23
|
Ìý
|
|
Changes in operating assets and liabilities
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Current and other assets
|
Ìý
|
Ìý
|
7
|
Ìý
|
(60)
|
Ìý
|
2
|
Ìý
|
(51)
|
Ìý
|
|
Payables and other liabilities
|
Ìý
|
Ìý
|
34
|
Ìý
|
111
|
Ìý
|
116
|
Ìý
|
261
|
Ìý
|
|
Net cash provided (used) by operating activities
|
Ìý
|
Ìý
|
783
|
Ìý
|
19
|
Ìý
|
385
|
Ìý
|
1,187
|
Ìý
|
|
Cash flows from investing activities:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Investments in and loans to cost and equity investees
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
(8)
|
Ìý
|
(3)
|
Ìý
|
(11)
|
Ìý
|
|
Cash proceeds from sale of investments
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
58
|
Ìý
|
58
|
Ìý
|
|
Capital expended for property and equipment
|
Ìý
|
Ìý
|
(67)
|
Ìý
|
(93)
|
Ìý
|
Ìý—
|
Ìý
|
(160)
|
Ìý
|
|
Purchases of short term investments and other marketable securities
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
(258)
|
Ìý
|
(258)
|
Ìý
|
|
Sales of short term investments and other marketable securities
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
273
|
Ìý
|
273
|
Ìý
|
|
Other investing activities, net
|
Ìý
|
Ìý
|
(4)
|
Ìý
|
(10)
|
Ìý
|
26
|
Ìý
|
12
|
Ìý
|
|
Net cash provided (used) by investing activities
|
Ìý
|
Ìý
|
(71)
|
Ìý
|
(111)
|
Ìý
|
96
|
Ìý
|
(86)
|
Ìý
|
|
Cash flows from financing activities:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Borrowings of debt
|
Ìý
|
Ìý
|
1,387
|
Ìý
|
66
|
Ìý
|
Ìý—
|
Ìý
|
1,453
|
Ìý
|
|
Repayments of debt
|
Ìý
|
Ìý
|
(744)
|
Ìý
|
(71)
|
Ìý
|
(1)
|
Ìý
|
(816)
|
Ìý
|
|
Intergroup (payments) receipts
|
Ìý
|
Ìý
|
9
|
Ìý
|
(34)
|
Ìý
|
25
|
Ìý
|
Ìý—
|
Ìý
|
|
Shares repurchased by subsidiary
|
Ìý
|
Ìý
|
(996)
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
(996)
|
Ìý
|
|
Proceeds from Â鶹app Braves common stock rights offering
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
203
|
Ìý
|
Ìý—
|
Ìý
|
203
|
Ìý
|
|
Excess tax benefit from stock-based compensation
|
Ìý
|
Ìý
|
1
|
Ìý
|
Ìý—
|
Ìý
|
74
|
Ìý
|
75
|
Ìý
|
|
Taxes paid in lieu of shares issued for stock-based compensation
|
Ìý
|
Ìý
|
(6)
|
Ìý
|
Ìý—
|
Ìý
|
(4)
|
Ìý
|
(10)
|
Ìý
|
|
Other financing activities, net
|
Ìý
|
Ìý
|
51
|
Ìý
|
64
|
Ìý
|
(97)
|
Ìý
|
18
|
Ìý
|
|
Net cash provided (used) by financing activities
|
Ìý
|
Ìý
|
(298)
|
Ìý
|
228
|
Ìý
|
(3)
|
Ìý
|
(73)
|
Ìý
|
|
Net increase (decrease) in cash and cash equivalents
|
Ìý
|
Ìý
|
414
|
Ìý
|
136
|
Ìý
|
478
|
Ìý
|
1,028
|
Ìý
|
|
Cash and cash equivalents at beginning of period
|
Ìý
|
Ìý
|
112
|
Ìý
|
13
|
Ìý
|
76
|
Ìý
|
201
|
Ìý
|
|
Cash and cash equivalents at end of period
|
Ìý
|
$
|
526
|
Ìý
|
149
|
Ìý
|
554
|
Ìý
|
1,229
|
Ìý
|
Ìý
STATEMENT OF CASH FLOWS INFORMATION
Six months endedÌýJune 30, 2015
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Attributed (note 1)
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Â鶹app
|
Ìý
|
Â鶹app
|
Ìý
|
Â鶹app
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
SiriusXM
|
Ìý
|
Braves
|
Ìý
|
Media
|
Ìý
|
Consolidated
|
Ìý
|
|
Ìý
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Â鶹app
|
Ìý
|
|
Ìý
|
Ìý
|
amountsÌýinÌýmillions
|
Ìý
|
|
Cash flows from operating activities:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Net earnings (loss)
|
Ìý
|
$
|
176
|
Ìý
|
(19)
|
Ìý
|
(39)
|
Ìý
|
118
|
Ìý
|
|
Adjustments to reconcile net earnings to net cash provided by operating activities:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Depreciation and amortization
|
Ìý
|
Ìý
|
158
|
Ìý
|
14
|
Ìý
|
4
|
Ìý
|
176
|
Ìý
|
|
Stock-based compensation
|
Ìý
|
Ìý
|
74
|
Ìý
|
2
|
Ìý
|
15
|
Ìý
|
91
|
Ìý
|
|
Excess tax benefit from stock-based compensation
|
Ìý
|
Ìý
|
(12)
|
Ìý
|
Ìý—
|
Ìý
|
(23)
|
Ìý
|
(35)
|
Ìý
|
|
Share of (earnings) loss of affiliates, net
|
Ìý
|
Ìý
|
4
|
Ìý
|
(4)
|
Ìý
|
37
|
Ìý
|
37
|
Ìý
|
|
Realized and unrealized (gains) losses on financial instruments, net
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
(12)
|
Ìý
|
(12)
|
Ìý
|
|
Deferred income tax expense (benefit)
|
Ìý
|
Ìý
|
139
|
Ìý
|
(7)
|
Ìý
|
(51)
|
Ìý
|
81
|
Ìý
|
|
Intergroup tax allocation
|
Ìý
|
Ìý
|
(2)
|
Ìý
|
(3)
|
Ìý
|
5
|
Ìý
|
Ìý—
|
Ìý
|
|
Intergroup tax (payments) receipts
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
1
|
Ìý
|
(1)
|
Ìý
|
Ìý—
|
Ìý
|
|
Other charges (credits), net
|
Ìý
|
Ìý
|
11
|
Ìý
|
2
|
Ìý
|
2
|
Ìý
|
15
|
Ìý
|
|
Changes in operating assets and liabilities
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Current and other assets
|
Ìý
|
Ìý
|
(136)
|
Ìý
|
(26)
|
Ìý
|
6
|
Ìý
|
(156)
|
Ìý
|
|
Payables and other liabilities
|
Ìý
|
Ìý
|
279
|
Ìý
|
54
|
Ìý
|
34
|
Ìý
|
367
|
Ìý
|
|
Net cash provided (used) by operating activities
|
Ìý
|
Ìý
|
691
|
Ìý
|
14
|
Ìý
|
(23)
|
Ìý
|
682
|
Ìý
|
|
Cash flows from investing activities:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Cash proceeds from dispositions of investments
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
149
|
Ìý
|
149
|
Ìý
|
|
Proceeds (payments) from settlement of financial instruments, net
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
(19)
|
Ìý
|
(19)
|
Ìý
|
|
Capital expended for property and equipment
|
Ìý
|
Ìý
|
(61)
|
Ìý
|
(78)
|
Ìý
|
Ìý—
|
Ìý
|
(139)
|
Ìý
|
|
Purchases of short term investments and other marketable securities
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
(32)
|
Ìý
|
(32)
|
Ìý
|
|
Sales of short term investments and other marketable securities
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
180
|
Ìý
|
180
|
Ìý
|
|
Other investing activities, net
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
2
|
Ìý
|
(24)
|
Ìý
|
(22)
|
Ìý
|
|
Net cash provided (used) by investing activities
|
Ìý
|
Ìý
|
(61)
|
Ìý
|
(76)
|
Ìý
|
254
|
Ìý
|
117
|
Ìý
|
|
Cash flows from financing activities:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Borrowings of debt
|
Ìý
|
Ìý
|
1,258
|
Ìý
|
85
|
Ìý
|
Ìý—
|
Ìý
|
1,343
|
Ìý
|
|
Repayments of debt
|
Ìý
|
Ìý
|
(661)
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
(661)
|
Ìý
|
|
Intergroup (payments) receipts
|
Ìý
|
Ìý
|
7
|
Ìý
|
Ìý—
|
Ìý
|
(7)
|
Ìý
|
Ìý—
|
Ìý
|
|
Repurchases of Â鶹app common stock
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
(300)
|
Ìý
|
(300)
|
Ìý
|
|
Shares repurchased by subsidiary
|
Ìý
|
Ìý
|
(1,084)
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
(1,084)
|
Ìý
|
|
Taxes paid in lieu of shares issued for stock-based compensation
|
Ìý
|
Ìý
|
(16)
|
Ìý
|
Ìý—
|
Ìý
|
(11)
|
Ìý
|
(27)
|
Ìý
|
|
Excess tax benefit from stock-based compensation
|
Ìý
|
Ìý
|
12
|
Ìý
|
Ìý—
|
Ìý
|
23
|
Ìý
|
35
|
Ìý
|
|
Other financing activities, net
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
Ìý—
|
Ìý
|
4
|
Ìý
|
4
|
Ìý
|
|
Net cash provided (used) by financing activities
|
Ìý
|
Ìý
|
(484)
|
Ìý
|
85
|
Ìý
|
(291)
|
Ìý
|
(690)
|
Ìý
|
|
Net increase (decrease) in cash and cash equivalents
|
Ìý
|
Ìý
|
146
|
Ìý
|
23
|
Ìý
|
(60)
|
Ìý
|
109
|
Ìý
|
|
Cash and cash equivalents at beginning of period
|
Ìý
|
Ìý
|
148
|
Ìý
|
11
|
Ìý
|
522
|
Ìý
|
681
|
Ìý
|
|
Cash and cash equivalents at end of period
|
Ìý
|
$
|
294
|
Ìý
|
34
|
Ìý
|
462
|
Ìý
|
790
|
Ìý
|
Ìý
|