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Liberty Media Corporation
Reconciliation of Liberty Media Corporation ("LMC") Net Assets and
Net Earnings to Liberty Media LLC ("LM LLC") Net Assets and Net Earnings
March 31, 2011 (unaudited)
amounts in millions
Liberty Media Corporation Net Assets | $ | 11,641 | |||
Reconciling items: | |||||
LMC put option obligations | 10 | ||||
Liberty Media LLC Net Assets | $ | 11,651 | |||
Liberty Media Corporation Net Earnings | $ | 399 | |||
Reconciling items: | |||||
LMC selling, general and administrative expenses | 1 | ||||
Unrealized gain on LMC put options | (10 | ) | |||
Liberty Media LLC Net Earnings | $ | 390 | |||
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