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 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenue:        
Net retail sales $ 2,245 $ 2,196 $ 7,079 $ 6,875
Other revenue 255 0 732 0
Total revenue 2,500 2,196 7,811 6,875
Revenue, Net 2,500 2,196 7,811 6,875
Cost of sales (exclusive of depreciation shown separately below) 1,437 1,407 4,511 4,361
Operating costs and expenses:        
Operating 246 201 733 608
Selling, general and administrative, including stock-based compensation (note 4) 358 213 1,086 693
Goodwill and Intangible Asset Impairment (19) 39 19 39
Depreciation and amortization 235 147 702 437
Total operating costs and expenses 2,295 2,007 7,051 6,138
Operating income (loss) 205 189 760 737
Other income (expense):        
Interest expense (87) (111) (288) (324)
Share of earnings of affiliates, net (note 8) 29 43 25 89
Realized and unrealized gains on financial instruments, net (note 6) 15 (160) (49) (338)
Gains (losses) on dispositions, net (note 8) 0 0 (2) 288
Other, net 3 (2) (50) 31
Total other income (expense) (40) (230) (364) (254)
Earnings (loss) from continuing operations before income taxes 165 (41) 396 483
Income tax expense (34) 15 (62) (155)
Net earnings (loss) 131 (26) 334 328
Less net earnings (losses) attributable to the noncontrolling interests 18 15 74 44
Net earnings (loss) attributable to Liberty Media Corporation shareholders 113 (41) 260 284
Ventures Group [Member]
        
Other income (expense):        
Net earnings (loss) attributable to Liberty Media Corporation shareholders 36 (48) (21) (48)
Segment, Liberty Interactive [Member]
        
Other income (expense):        
Net earnings (loss) attributable to Liberty Media Corporation shareholders   (31)   294
Earnings (Loss) Per Common Share        
Earnings Per Share, Basic   $ (0.06)   $ 0.53
Earnings Per Share, Diluted   $ (0.06)   $ 0.52
Liberty Interactive [Member]
        
Other income (expense):        
Net earnings (loss) attributable to Liberty Media Corporation shareholders     281  
Interactive Group [Member]
        
Other income (expense):        
Net earnings (loss) attributable to Liberty Media Corporation shareholders 77 38   38
Liberty Interactive [Member]
        
Other income (expense):        
Share of earnings of affiliates, net (note 8)     33 26
Liberty Ventures [Member]
        
Other income (expense):        
Share of earnings of affiliates, net (note 8)     (8) 63
Liberty Ventures [Member]
        
Earnings (Loss) Per Common Share        
Earnings Per Share, Basic $ 1.00 $ (1.66) $ (0.58) $ (1.66)
Earnings Per Share, Diluted $ 0.97 $ (1.60) $ (0.57) $ (1.60)
Liberty Interactive [Member]
        
Earnings (Loss) Per Common Share        
Earnings Per Share, Basic $ 0.15 $ 0.07 $ 0.54 $ 0.07
Earnings Per Share, Diluted $ 0.15 $ 0.07 $ 0.53 $ 0.07
Interactive Group [Member]
        
Revenue:        
Net retail sales 2,245 2,196 7,079 6,875
Other revenue 0 0 0 0
Total revenue 2,245 2,196 7,079 6,875
Revenue, Net 2,245 2,196 7,079 6,875
Cost of sales (exclusive of depreciation shown separately below) 1,437 1,407 4,511 4,361
Operating costs and expenses:        
Operating 206 201 621 608
Selling, general and administrative, including stock-based compensation (note 4) 228 209 734 688
Goodwill and Intangible Asset Impairment   39 19 39
Depreciation and amortization 156 147 467 437
Total operating costs and expenses 2,046 2,003 6,352 6,133
Operating income (loss) 199 193 727 742
Other income (expense):        
Interest expense (70) (84) (224) (241)
Share of earnings of affiliates, net (note 8) 13 6 33 26
Realized and unrealized gains on financial instruments, net (note 6) (18) 14 (1) 39
Gains (losses) on dispositions, net (note 8)     (1) 0
Other, net (1) 0 (55) (4)
Total other income (expense) (76) (64) (248) (180)
Earnings (loss) before income taxes 123 129 479 562
Income tax expense (38) (65) (165) (226)
Net earnings (loss) 85 64 314 336
Less net earnings (losses) attributable to the noncontrolling interests 8 15 33 44
Net earnings (loss) attributable to Liberty Media Corporation shareholders 77 49 281 292
Ventures Group [Member]
        
Revenue:        
Net retail sales 0 0 0 0
Other revenue 255 0 732 0
Total revenue 255 0 732 0
Revenue, Net 255 0 732 0
Cost of sales (exclusive of depreciation shown separately below) 0 0 0 0
Operating costs and expenses:        
Operating 40 0 112 0
Selling, general and administrative, including stock-based compensation (note 4) 130 4 352 5
Goodwill and Intangible Asset Impairment   0 0 0
Depreciation and amortization 79 0 235 0
Total operating costs and expenses 249 4 699 5
Operating income (loss) 6 (4) 33 (5)
Other income (expense):        
Interest expense (17) (27) (64) (83)
Share of earnings of affiliates, net (note 8) 16 37 (8) 63
Realized and unrealized gains on financial instruments, net (note 6) 33 (174) (48) (377)
Gains (losses) on dispositions, net (note 8)     (1) 288
Other, net 4 (2) 5 35
Total other income (expense) 36 (166) (116) (74)
Earnings (loss) before income taxes 42 (170) (83) (79)
Income tax expense 4 80 103 71
Net earnings (loss) 46 (90) 20 (8)
Less net earnings (losses) attributable to the noncontrolling interests 10 0 41 0
Net earnings (loss) attributable to Liberty Media Corporation shareholders $ 36 $ (90) $ (21) $ (8)