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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] Ìý
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:
Ìý
Three months ended September 30,
Ìý
Nine months ended September 30,
Ìý
2011
Ìý
2010
Ìý
2011
Ìý
2010
Ìý
amounts in millions
Revenue
$
497

Ìý
570

Ìý
2,008

Ìý
1,554

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

Ìý
628

Ìý
407

Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý

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

Ìý
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

Ìý
3,441

Ìý
Ìý
Ìý
Ìý
Liabilities
Ìý
Ìý
Ìý
FinancialÌýinstruments
$
1,125

Ìý
1,230

Deferred income tax liabilities
$
428

Ìý
214

Debt
$
791

Ìý
855

Discontinued Operations Earnings Per Share [Table Text Block]
The per share impact from discontinued operations is as follows:
Ìý
Three months ended
Ìý
Nine months ended
Ìý
September 30,
Ìý
September 30,
Ìý
2011
Ìý
2010
Ìý
2011
Ìý
2010
Basic earnings (losses) from discontinued operations attributable to Liberty shareholders per common share (noteÌý4):
Ìý
SeriesÌýA and SeriesÌýB Liberty Capital common stock
$
(1.11
)
Ìý
0.51

Ìý
2.48

Ìý
(0.28
)
SeriesÌýA and SeriesÌýB Liberty Starz common stock
$
1.14

Ìý
0.96

Ìý
3.47

Ìý
3.32

SeriesÌýA and SeriesÌýB Liberty Interactive common stock
$
—

Ìý
—

Ìý
—

Ìý
0.19

Diluted earnings (losses) from discontinued operations attributable to Liberty shareholders per common share (noteÌý4):
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
SeriesÌýA and SeriesÌýB Liberty Capital common stock
$
(1.11
)
Ìý
0.49

Ìý
2.42

Ìý
(0.28
)
SeriesÌýA and SeriesÌýB Liberty Starz common stock
$
1.09

Ìý
0.92

Ìý
3.34

Ìý
3.19

SeriesÌýA and SeriesÌýB Liberty Interactive common stock
$
—

Ìý
—

Ìý
—

Ìý
0.18