|
(6)ΜύΜύΜύInvestments in Affiliates Accounted for Using the Equity Method
Liberty has various investments accounted for using the equity method. The following table includes the Company's carrying amount and percentage ownership of the more significant investments in affiliates at June 30, 2023 and the carrying amount at December 31, 2022:
β
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
June 30, 2023 |
β |
December 31, 2022 |
β |
β |
ΜύΜύΜύΜύ |
Percentage |
ΜύΜύΜύΜύ |
Ήσ²ΉΎ±°ωΜύ³Υ²Ή±τ³ά±π |
ΜύΜύΜύΜύ |
Carrying |
ΜύΜύΜύΜύ |
Carrying |
Μύ |
β |
β |
ownership |
β |
(LevelΜύ1) |
β |
amount |
β |
amount |
β |
|
β |
β |
dollarΜύamountsΜύinΜύmillions |
β |
Liberty SiriusXM Group |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
Live Nation (a) |
β |
30 |
% |
$ |
6,345 |
β |
$ |
243 |
β |
158 |
β |
Sirius XM Canada |
β |
70 |
% |
$ |
NA |
β |
β |
615 |
Μύ |
597 |
β |
Other |
β |
β |
β |
β |
NA |
β |
β |
102 |
β |
68 |
β |
Total Liberty SiriusXM Group |
β |
β |
β |
β |
β |
β |
β |
960 |
β |
823 |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
Braves Group |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
Other |
β |
various |
β |
β |
NA |
β |
β |
99 |
β |
95 |
β |
Total Braves Group |
β |
β |
β |
β |
β |
β |
β |
99 |
β |
95 |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
Formula One Group |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
Other |
Μύ |
various |
β |
Μύ |
NA |
β |
Μύ |
67 |
Μύ |
34 |
β |
Total Formula One Group |
β |
β |
β |
β |
β |
β |
β |
67 |
β |
34 |
β |
Consolidated Liberty |
β |
β |
β |
β |
β |
β |
$ |
1,126 |
Μύ |
952 |
β |
| (a) |
See note 7 for details regarding the number and fair value of shares pledged as collateral as of June 30, 2023 pursuant to Libertyβs margin loan secured by shares of Live Nation (the βLive Nation Margin Loanβ). |
β
The following table presents the Company's share of earnings (losses) of affiliates:
β
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
Three months ended |
β |
Six months ended |
β |
β |
β |
June 30, |
β |
June 30, |
β |
β |
ΜύΜύΜύΜύ |
2023 |
ΜύΜύΜύΜύ |
2022 |
ΜύΜύΜύΜύ |
2023 |
ΜύΜύΜύΜύ |
2022 |
Μύ |
|
β |
β |
amountsΜύinΜύmillions |
β |
Liberty SiriusXM Group |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
Live Nation |
β |
$ |
83 |
β |
54 |
β |
77 |
β |
33 |
β |
Sirius XM Canada |
β |
β |
1 |
Μύ |
3 |
Μύ |
5 |
Μύ |
6 |
β |
Other |
β |
β |
(5) |
β |
(3) |
β |
(10) |
β |
(3) |
β |
Total Liberty SiriusXM Group |
β |
β |
79 |
β |
54 |
β |
72 |
β |
36 |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
Braves Group |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
Other |
β |
β |
12 |
Μύ |
8 |
β |
11 |
β |
12 |
β |
Total Braves Group |
β |
β |
12 |
β |
8 |
β |
11 |
β |
12 |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
Formula One Group |
β |
β |
β |
β |
β |
β |
β |
β |
β |
β |
Other |
β |
Μύ |
(1) |
Μύ |
(1) |
Μύ |
(3) |
Μύ |
(1) |
β |
Total Formula One Group |
β |
β |
(1) |
β |
(1) |
| |