Annual report pursuant to Section 13 and 15(d)

Basis of Presentation (Tables)

v2.4.0.6
Basis of Presentation (Tables)
 3 Months Ended 12 Months Ended
Dec. 31, 2012
Dec. 31, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]    
Schedule of Purchase Price Allocation [Table Text Block]
Initial purchase price allocation for TripAdvisor is as follows (amounts in millions):
Fair value of ownerhsip interest held prior to transaction
$
1,004

Controlling interest acquired
300

Noncontrolling interest
4,341

 
$
5,645

 
 
Cash and cash equivalents
$
411

Receivables
116

Other assets
233

Goodwill
3,649

Tradenames
1,800

Intangible assets subject to amortization
1,195

Debt
(417
)
Other liabilities assumed
(151
)
Deferred tax liabilities
(1,191
)
 
$
5,645

 
Business Acquisition, Pro Forma Information [Table Text Block]  
Summary Balance Sheet Data:
 
December 31, 2011
 
amounts in millions
(unaudited)
Current assets
3,398

Investments in equity method affiliates
951

Intangibles not subject to amortization
13,945

Intangibles subject to amortization
3,404

Other assets
2,426

Total assets
24,124

Long-term debt
5,230

Other liabilities
7,211

Noncontrolling interests in equity of subsidiaries
4,479

Equity
7,204

Summary Operations Data:
 
Years ended December 31,
 
2012
 
2011
 
2010
 
amounts in millions
(unaudited)
Revenue
$
10,781

 
10,253

 
9,417

Operating income (loss)
$
1,230

 
1,177

 
1,055

Income tax (expense) benefit
$
(415
)
 
(359
)
 
(107
)
Net earnings (loss) from continuing operations
$
877

 
623

 
802

Less earnings (loss) attributable to the noncontrolling interests
$
126

 
81

 
18

Net Earnings (loss) from continuing operations attributable to Liberty shareholders:
 
 
 
 
 
 
Liberty Capital common stock
NA

 
10

 
28

 
Liberty Starz common stock
NA

 
—

 
—

 
Liberty Interactive Corporation common stock
$
304

 
532

 
756

 
Liberty Interactive common stock
$
212

 
NA

 
NA

 
Liberty Ventures common stock
$
235

 
NA

 
NA

 
 
$
751

 
542

 
784

 
 
 
 
 
 
 
Pro Forma basic net earnings (loss) attributable to Liberty shareholders per common share (note 3):
 
 
 
 
 
 
Liberty Capital common stock
NA

 
0.12

 
0.31

 
Liberty Starz common stock
NA

 
—

 
—

 
Liberty Interactive Corporation common stock
$
0.54

 
0.89

 
1.27

 
Liberty Interactive common stock
$
0.39

 
NA

 
NA

 
Liberty Ventures common stock
$
7.12

 
NA

 
NA

 
 
 
 
 
 
 
Pro Forma diluted net earnings (loss) attributable to Liberty shareholders per common share (note 3):
 
 
 
 
 
 
Liberty Capital common stock
NA

 
0.12

 
0.30

 
Liberty Starz common stock
NA

 
—

 
—

 
Liberty Interactive Corporation common stock
$
0.54

 
0.88

 
1.25

 
Liberty Interactive common stock
$
0.38

 
NA

 
NA

 
Liberty Ventures common stock
$
7.12

 
NA

 
NA