Exhibit 99.2
Liberty Media Corporation
Reconciliation of Liberty Media Corporation ("LMC") Net Assets and
Net Earnings to Liberty Media LLC ("LM LLC") Net Assets and Net Earnings
December 31, 2009 (unaudited)
amounts in millions
Liberty Media Corporation Net Assets |
$ | 10,238 | |||
Reconciling items: |
|||||
LMC put option obligations |
97 | ||||
Liberty Media LLC Net Assets |
$ | 10,335 | |||
Liberty Media Corporation Net Earnings |
$ |
6,501 |
|||
Reconciling items: |
|||||
LMC selling, general and administrative expenses |
4 | ||||
Intercompany interest income |
158 | ||||
Unrealized gain on LMC put options |
(59 | ) | |||
LM LLC income tax expense |
(62 | ) | |||
Liberty Media LLC Net Earnings |
$ | 6,542 | |||