Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Operations

v2.4.0.8
Condensed Consolidated Statements Of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenue:    
Net retail sales $ 2,447 $ 2,434
Other revenue 281 230
Total revenue 2,728 2,664
Operating costs and expenses:    
Cost of sales (exclusive of depreciation shown separately below) 1,566 1,553
Operating, including stock-based compensation 265 244
Selling, general and administrative, including stock-based compensation 389 366
Depreciation and amortization 232 230
Total operating costs and expenses 2,452 2,393
Operating income (loss) 276 271
Other income (expense):    
Interest expense (99) (111)
Share of earnings of affiliates, net (2) (11)
Realized and unrealized gains (losses) on financial instruments, net (25) (73)
Other, net 8 (38)
Total other income (expense) (118) (233)
Earnings (loss) before income taxes 158 38
Income tax expense (48) 15
Net earnings (loss) 110 53
Less net earnings (losses) attributable to the noncontrolling interests 28 26
Net earnings (loss) attributable to Liberty Media Corporation shareholders 82 27
Liberty Ventures [Member]
    
Earnings (Loss) Per Common Share    
Earnings Per Share, Basic $ (0.38) $ (0.94)
Earnings Per Share, Diluted $ (0.38) $ (0.94)
Liberty Interactive
    
Earnings (Loss) Per Common Share    
Earnings Per Share, Basic $ 0.22 $ 0.18
Earnings Per Share, Diluted $ 0.22 $ 0.18
Interactive Group
    
Revenue:    
Net retail sales 2,447 2,434
Other revenue 0 0
Total revenue 2,447 2,434
Operating costs and expenses:    
Cost of sales (exclusive of depreciation shown separately below) 1,566 1,553
Operating, including stock-based compensation 217 208
Selling, general and administrative, including stock-based compensation 257 260
Depreciation and amortization 163 153
Total operating costs and expenses 2,203 2,174
Operating income (loss) 244 260
Other income (expense):    
Interest expense (77) (84)
Share of earnings of affiliates, net 21 16
Realized and unrealized gains (losses) on financial instruments, net 1 13
Other, net 1 (40)
Total other income (expense) (54) (95)
Earnings (loss) before income taxes 190 165
Income tax expense (70) (58)
Net earnings (loss) 120 107
Less net earnings (losses) attributable to the noncontrolling interests 10 12
Net earnings (loss) attributable to Liberty Media Corporation shareholders 110 95
Ventures Group
    
Revenue:    
Net retail sales 0 0
Other revenue 281 230
Total revenue 281 230
Operating costs and expenses:    
Cost of sales (exclusive of depreciation shown separately below) 0 0
Operating, including stock-based compensation 48 36
Selling, general and administrative, including stock-based compensation 132 106
Depreciation and amortization 69 77
Total operating costs and expenses 249 219
Operating income (loss) 32 11
Other income (expense):    
Interest expense (22) (27)
Share of earnings of affiliates, net (23) (27)
Realized and unrealized gains (losses) on financial instruments, net (26) (86)
Other, net 7 2
Total other income (expense) (64) (138)
Earnings (loss) before income taxes (32) (127)
Income tax expense 22 73
Net earnings (loss) (10) (54)
Less net earnings (losses) attributable to the noncontrolling interests 18 14
Net earnings (loss) attributable to Liberty Media Corporation shareholders $ (28) $ (68)