Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Operations

v2.4.0.6
Condensed Consolidated Statements Of Operations (USD $)
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenue:    
Net retail sales $ 2,434,000,000 $ 2,314,000,000
Other revenue 230,000,000 0
Total revenue 2,664,000,000 2,314,000,000
Cost of sales (exclusive of depreciation shown separately below) 1,553,000,000 1,466,000,000
Operating costs and expenses:    
Operating 244,000,000 208,000,000
Selling, general and administrative, including stock-based compensation (note 4) 366,000,000 239,000,000
Depreciation and amortization 230,000,000 143,000,000
Total operating costs and expenses 2,393,000,000 2,056,000,000
Operating income (loss) 271,000,000 258,000,000
Other income (expense):    
Interest expense (111,000,000) (106,000,000)
Share of earnings of affiliates, net (note 8) (11,000,000) 11,000,000
Realized and unrealized gains on financial instruments, net (note 6) (73,000,000) (18,000,000)
Other, net (38,000,000) 3,000,000
Total other income (expense) (233,000,000) (110,000,000)
Earnings (loss) from continuing operations before income taxes 38,000,000 148,000,000
Income tax expense 15,000,000 (43,000,000)
Net earnings (loss) 53,000,000 105,000,000
Less net earnings (losses) attributable to the noncontrolling interests 26,000,000 14,000,000
Net earnings (loss) attributable to Liberty Media Corporation shareholders 27,000,000 91,000,000
Ventures Group [Member]
    
Other income (expense):    
Net earnings (loss) attributable to Liberty Media Corporation shareholders (68,000,000)  
Segment, Liberty Interactive [Member]
    
Other income (expense):    
Net earnings (loss) attributable to Liberty Media Corporation shareholders   91,000,000
Earnings (Loss) Per Common Share    
Basic net earnings (loss) attributable to Liberty Interactive shareholders per common share   0.16
Diluted net earnings (loss) attributable to Liberty Interactive shareholders per common share   0.16
Interactive Group [Member]
    
Other income (expense):    
Net earnings (loss) attributable to Liberty Media Corporation shareholders 95,000,000  
Liberty Ventures [Member]
    
Earnings (Loss) Per Common Share    
Basic net earnings (loss) attributable to Liberty Interactive shareholders per common share (1.89)  
Diluted net earnings (loss) attributable to Liberty Interactive shareholders per common share (1.89)  
Liberty Interactive [Member]
    
Earnings (Loss) Per Common Share    
Basic net earnings (loss) attributable to Liberty Interactive shareholders per common share 0.18  
Diluted net earnings (loss) attributable to Liberty Interactive shareholders per common share 0.18  
Interactive Group [Member]
    
Revenue:    
Net retail sales 2,434,000,000 2,314,000,000
Other revenue 0 0
Total revenue 2,434,000,000 2,314,000,000
Cost of sales (exclusive of depreciation shown separately below) 1,553,000,000 1,466,000,000
Operating costs and expenses:    
Operating 208,000,000 208,000,000
Selling, general and administrative, including stock-based compensation (note 4) 260,000,000 238,000,000
Depreciation and amortization 153,000,000 143,000,000
Total operating costs and expenses 2,174,000,000 2,055,000,000
Operating income (loss) 260,000,000 259,000,000
Other income (expense):    
Interest expense (84,000,000) (77,000,000)
Share of earnings of affiliates, net (note 8) 16,000,000 13,000,000
Realized and unrealized gains on financial instruments, net (note 6) 13,000,000 14,000,000
Other, net (40,000,000) 3,000,000
Total other income (expense) (95,000,000) (47,000,000)
Earnings (loss) before income taxes 165,000,000 212,000,000
Income tax expense (58,000,000) (79,000,000)
Net earnings (loss) 107,000,000 133,000,000
Less net earnings (losses) attributable to the noncontrolling interests 12,000,000 14,000,000
Net earnings (loss) attributable to Liberty Media Corporation shareholders 95,000,000 119,000,000
Ventures Group [Member]
    
Revenue:    
Net retail sales 0 0
Other revenue 230,000,000 0
Total revenue 230,000,000 0
Cost of sales (exclusive of depreciation shown separately below) 0 0
Operating costs and expenses:    
Operating 36,000,000 0
Selling, general and administrative, including stock-based compensation (note 4) 106,000,000 1,000,000
Depreciation and amortization 77,000,000 0
Total operating costs and expenses 219,000,000 1,000,000
Operating income (loss) 11,000,000 (1,000,000)
Other income (expense):    
Interest expense (27,000,000) (29,000,000)
Share of earnings of affiliates, net (note 8) (27,000,000) (2,000,000)
Realized and unrealized gains on financial instruments, net (note 6) (86,000,000) (32,000,000)
Other, net 2,000,000 0
Total other income (expense) (138,000,000) (63,000,000)
Earnings (loss) before income taxes (127,000,000) (64,000,000)
Income tax expense 73,000,000 36,000,000
Net earnings (loss) (54,000,000) (28,000,000)
Less net earnings (losses) attributable to the noncontrolling interests 14,000,000 0
Net earnings (loss) attributable to Liberty Media Corporation shareholders $ (68,000,000) $ (28,000,000)