Liberty Media Corporation (LSXMA) Financial Statements (2024 and earlier)

Company Profile

Business Address 12300 LIBERTY BOULEVARD
ENGLEWOOD, CO 80112
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 4833 - Television Broadcasting Stations (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,2462,8142,8311,2223581,029
Cash and cash equivalents2,2462,8142,8311,2223581,029
Receivables837828823767364358
Other current assets7681,170376416360376
Total current assets:3,8514,8124,0302,4051,0821,763
Noncurrent Assets
Operating lease, right-of-use asset 344403465 
Property, plant and equipment    2,2622,4692,541
Long-term investments and receivables9529451,0181,6251,6412,864
Long-term investments9529451,0181,6251,6412,864
Intangible assets, net (including goodwill)33,59534,03034,58135,88433,77534,188
Goodwill19,34119,24819,21819,93918,38618,383
Intangible assets, net (excluding goodwill)14,25414,78215,36315,94515,38915,805
Restricted cash and investments82230   
Other noncurrent assets1,8112,5542,1362,013583640
Other undisclosed noncurrent assets1,9031,5851,744 1,278 
Total noncurrent assets:38,61339,53939,97441,78439,74640,233
TOTAL ASSETS:42,46444,35144,00444,18940,82841,996
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,8561,8321,5831,6211,1161,250
Accounts payable      1,250
Other undisclosed accounts payable and accrued liabilities1,8561,8321,5831,6211,116 
Deferred revenue1,7731,7902,0702,113
Debt1,6792,8917436017768
Deferred revenue and credits1,941
Contract with customer, liability2,079
Other liabilities1029794943220
Total current liabilities:5,4106,6104,4903,8883,2443,979
Noncurrent Liabilities
Long-term debt and lease obligation15,07016,21517,25516,03013,37113,186
Long-term debt, excluding current maturities14,95315,69916,68615,41613,37113,186
Finance lease, liability 117111116119
Liabilities, other than long-term debt1,2239871,1011,0478642,257
Deferred tax liabilities, net 1,478
Other liabilities8749871,1011,047864779
Operating lease, liability 349405453495
Other undisclosed noncurrent liabilities1,6351,7021,5571,2991,651 
Total noncurrent liabilities:17,92818,90419,91318,37615,88615,443
Total liabilities:23,33825,51424,40322,26419,13019,422
Temporary equity, carrying amount  575    
Equity
Equity, attributable to parent, including:15,96314,67215,09116,29516,59516,943
Additional paid in capital1,4081,9542,6882,5752,9843,892
Accumulated other comprehensive income (loss)(39)(5)78(33)(38)(35)
Retained earnings14,58912,71812,32013,74813,64413,081
Other undisclosed equity, attributable to parent555555
Equity, attributable to noncontrolling interest3,1633,5904,5105,6305,1035,631
Total equity:19,12618,26219,60121,92521,69822,574
TOTAL LIABILITIES AND EQUITY:42,46444,35144,00444,18940,82841,996

Income Statement (P&L) ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues12,16411,4009,36310,2928,0407,594
Revenue, net7,594
Cost of revenue(6,892)(6,370)(5,326)(5,787)(4,888)(1,219)
Gross profit:5,2725,0304,0374,5053,1526,375
Operating expenses(3,208)(3,053)(3,860)(3,035)(1,641)(1,556)
Other undisclosed operating loss      (3,425)
Operating income:2,0641,9771771,4701,5111,394
Nonoperating income (expense)129(1,188)(392)(306)788
Investment income, nonoperating609(299)(402)(315)  
Other nonoperating income (expense)110(47)109788
Interest and debt expense35(80)(40)(57)(1)(48)
Other undisclosed loss from continuing operations before equity method investments, income taxes   (1,180)(594)(547)(527)
Income (loss) from continuing operations before equity method investments, income taxes:2,228709(1,435)5131,041827
Other undisclosed income (loss) from continuing operations before income taxes(35)80    
Income (loss) from continuing operations before income taxes:2,193789(1,435)5131,041827
Income tax expense (benefit)(164)(45)44(166)(176)1,063
Income (loss) from continuing operations:2,029744(1,391)3478651,890
Income (loss) before gain (loss) on sale of properties:744(1,391)3478651,890
Net income (loss):2,029744(1,391)3478651,890
Net loss attributable to noncontrolling interest(214)(292)(30)(241)(334)(536)
Other undisclosed net loss attributable to parent (54)    
Net income (loss) available to common stockholders, diluted:1,815398(1,421)1065311,354

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):2,029744(1,391)3478651,890
Other comprehensive income (loss)(39)(83)11311(15)35
Comprehensive income (loss):1,990661(1,278)3588501,925
Comprehensive loss, net of tax, attributable to noncontrolling interest  (292)(32)(247)(324)(544)
Other undisclosed comprehensive loss, net of tax, attributable to parent(209)(54)    
Comprehensive income (loss), net of tax, attributable to parent:1,781315(1,310)1115261,381

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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