Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations (Tables)

v2.3.0.15
Discontinued Operations (Tables)
9 Months Ended
Sep. 30, 2011
Discontinued Operations [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]
Certain combined financial information for LMC, which is included in earnings (loss) from discontinued operations, is as follows:
 
Three months ended September 30,
 
Nine months ended September 30,
 
2011
 
2010
 
2011
 
2010
 
amounts in millions
Revenue
$
497

 
570

 
2,008

 
1,554

Earnings (loss) before income taxes
$
(74
)
 
130

 
628

 
407

 
 
 
 
 
 
 
 

A summary of certain asset and liability amounts for LMC as of the respective dates are as follows:
 
September 23, 2011
 
December 31, 2010
Assets
amounts in millions
Cash and cash equivalents
$
2,075

 
1,826

Investments in available-for-sale securities and other cost investments including $1,115 and $1,219 million pledged as collateral for share borrowing arrangements
$
2,847

 
3,441

 
 
 
 
Liabilities
 
 
 
Financial instruments
$
1,125

 
1,230

Deferred income tax liabilities
$
428

 
214

Debt
$
791

 
855

Discontinued Operations Earnings Per Share [Table Text Block]
The per share impact from discontinued operations is as follows:
 
Three months ended
 
Nine months ended
 
September 30,
 
September 30,
 
2011
 
2010
 
2011
 
2010
Basic earnings (losses) from discontinued operations attributable to Liberty shareholders per common share (note 4):
 
Series A and Series B Liberty Capital common stock
$
(1.11
)
 
0.51

 
2.48

 
(0.28
)
Series A and Series B Liberty Starz common stock
$
1.14

 
0.96

 
3.47

 
3.32

Series A and Series B Liberty Interactive common stock
$

 

 

 
0.19

Diluted earnings (losses) from discontinued operations attributable to Liberty shareholders per common share (note 4):
 
 
 
 
 
 
 
Series A and Series B Liberty Capital common stock
$
(1.11
)
 
0.49

 
2.42

 
(0.28
)
Series A and Series B Liberty Starz common stock
$
1.09

 
0.92

 
3.34

 
3.19

Series A and Series B Liberty Interactive common stock
$

 

 

 
0.18