Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENT OF STOCKHOLDERS??? EQUITY (DEFICIT)

v3.23.1
CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($)
shares in Millions, $ in Millions
Total
Cumulative Effect, Adjustment
Common Stock
Accumulated Other Comprehensive Income (Loss)
Additional Paid-in Capital
Treasury Stock
Accumulated Deficit
Accumulated Deficit
Cumulative Effect, Adjustment
Beginning balance (in shares) at Dec. 31, 2021     3,968          
Beginning balance at Dec. 31, 2021 $ (2,625) $ (14) $ 4 $ 15 $ 0 $ (8) $ (2,636) $ (14)
Beginning balance (in shares) at Dec. 31, 2021           1    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Comprehensive income, net of tax 317     8     309  
Share-based payment expense 50       50      
Exercise of stock options and vesting of restricted stock units (in shares)     5          
Withholding taxes on net share settlement of stock-based compensation (29)       (29)      
Capital contribution related to Tax Sharing Agreement with Liberty Media (13)           (13)  
Cash dividends paid on common stock (1,073)       (21)   (1,052)  
Common stock repurchased (in shares)           32    
Common stock repurchased (200)         $ (200)    
Common stock retired (in shares)     (33)     (33)    
Common stock retired 0         $ 206 (206)  
Ending balance (in shares) at Mar. 31, 2022     3,940          
Ending balance at Mar. 31, 2022 $ (3,587)   $ 4 23 0 $ (2) (3,612)  
Ending balance (in shares) at Mar. 31, 2022           0    
Beginning balance (in shares) at Dec. 31, 2022 3,891   3,891          
Beginning balance at Dec. 31, 2022 $ (3,351)   $ 4 (4) 0 $ 0 (3,351)  
Beginning balance (in shares) at Dec. 31, 2022 0         0    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Comprehensive income, net of tax $ 233           233  
Share-based payment expense 48       48      
Exercise of stock options and vesting of restricted stock units (in shares)     4          
Withholding taxes on net share settlement of stock-based compensation (14)       (14)      
Capital contribution related to Tax Sharing Agreement with Liberty Media (14)           (14)  
Cash dividends paid on common stock (94)       (34)   (60)  
Common stock repurchased (in shares)           17    
Common stock repurchased (67)         $ (67)    
Common stock retired (in shares)     (16)     (16)    
Common stock retired $ 0         $ 62 (62)  
Ending balance (in shares) at Mar. 31, 2023 3,878   3,879          
Ending balance at Mar. 31, 2023 $ (3,259)   $ 4 $ (4) $ 0 $ (5) $ (3,254)  
Ending balance (in shares) at Mar. 31, 2023 1         1