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Annual report pursuant to Section 13 and 15(d)

Discontinued Operations (Tables)

v2.4.0.6
Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2011
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
Years ended December 31,
Ìý
2011
Ìý
2010
Ìý
2009
Ìý
amounts in millions
Revenue
$
2,008

Ìý
2,050

Ìý
1,853

Earnings (loss) before income taxes
$
628

Ìý
594

Ìý
703

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
Ìý
amounts in millions
Assets
Ìý
Ìý
Ìý
Cash and cash equivalents
$
2,075

Ìý
1,826

Investments in available-for-sale securities and other cost investments
$
2,847

Ìý
3,441

Ìý
Ìý
Ìý
Ìý
Liabilities
Ìý
Ìý
Ìý
Financial instruments
$
1,125

Ìý
1,230

Deferred income tax liabilities
$
428

Ìý
214

Debt
$
791

Ìý
855

Discontinued Operations Earnings Per Share [Table Text Block]
e combined impact from discontinued operations, discussed above, is as follows:
Ìý
Ìý
Years ended December 31,
Ìý
Ìý
2011
Ìý
2010
Ìý
2009
Basic earnings (losses) from discontinued operations attributable to Liberty shareholders per common share (noteÌý2):
Ìý
Ìý
Ìý
SeriesÌýA and SeriesÌýB Liberty Capital common stock
Ìý
$
2.48

Ìý
8.74

Ìý
5.03

SeriesÌýA and SeriesÌýB Liberty Starz common stock
Ìý
$
3.47

Ìý
4.12

Ìý
13.13

SeriesÌýA and SeriesÌýB Liberty Interactive common stock
Ìý
$
—

Ìý
0.19

Ìý
(0.04
)
Diluted earnings (losses) from discontinued operations attributable to Liberty shareholders per common share (noteÌý2):
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
SeriesÌýA and SeriesÌýB Liberty Capital common stock
Ìý
$
2.42

Ìý
8.46

Ìý
4.98

SeriesÌýA and SeriesÌýB Liberty Starz common stock
Ìý
$
3.34

Ìý
3.96

Ìý
13.04

SeriesÌýA and SeriesÌýB Liberty Interactive common stock
Ìý
$
—

Ìý
0.18

Ìý
(0.04
)
Liberty Entertainment, Inc. [Member]
Ìý
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]
Certain combined statement of operations information for LEI, which is included in earnings from discontinued operations, is as follows:
Ìý
Year ended December 31, 2009
Ìý
amounts in millions
Revenue
$
240

Earnings before income taxes (1)
$
5,770

(1)ÌýÌýÌýÌýIncludes the gain from the LEI Split-Off/DTV Business Combination in 2009.