Annual report pursuant to Section 13 and 15(d)

Other Comprehensive Earnings (loss) (Tables)

v2.4.0.6
Other Comprehensive Earnings (loss) (Tables)
 12 Months Ended
Dec. 31, 2011
Other Comprehensive Earnings (Loss) [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
 The change in the components of accumulated other comprehensive earnings (loss), net of taxes ("AOCI"), is summarized as follows:
 
Foreign
currency
translation
adjustments
 
Unrealized
holding
gains (losses)
on securities
 
Other
 
AOCI of
discontinued
operations
 
AOCI
 
amounts in millions
Balance at January 1, 2009
(2
)
 
(1
)
 
(2
)
 
(31
)
 
(36
)
 
Other comprehensive loss attributable to Liberty Media Corporation stockholders
2

 
43

 
(5
)
 
31

 
71

Balance at December 31, 2009
—

 
42

 
(7
)
 
—

 
35

 
Other comprehensive earnings (loss) attributable to Liberty Media Corporation stockholders
—

 
18

 
1

 
—

 
19

Balance at December 31, 2010
—

 
60

 
(6
)
 
—

 
54

 
Other comprehensive earnings (loss) attributable to Liberty Media Corporation stockholders
—

 
(24
)
 
(1
)
 
—

 
(25
)
Balance at December 31, 2011
—

 
36

 
(7
)
 
—

 
29

Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]
The components of other comprehensive earnings (loss) are reflected in Liberty's consolidated statements of comprehensive earnings (loss) net of taxes. The following table summarizes the tax effects related to each component of other comprehensive earnings (loss).
 
 
Before-tax
amount
 
Tax
(expense)
benefit
 
Net-of-tax
amount
 
amounts in millions
Year ended December 31, 2011:
 
 
 
 
 
Unrealized holding gains (losses) on securities arising during period
(39
)
 
15

 
(24
)
Share of earnings (loss) from equity method affiliates
3

 
(1
)
 
2

Other
(5
)
 
2

 
(3
)
 
Other comprehensive earnings
(41
)
 
16

 
(25
)
Year ended December 31, 2010:
 
 
 
 
 
Unrealized holding gains on securities arising during period
14

 
(5
)
 
9

Reclassification adjustment for holding (gains) losses realized in net earnings (loss)
(34
)
 
13

 
(21
)
Reattribution of other comprehensive earnings between tracking stocks
48

 
(18
)
 
30

Other
2

 
(1
)
 
1

 
Other comprehensive earnings
30

 
(11
)
 
19

Year ended December 31, 2009:
 
 
 
 
 
Foreign currency translation adjustments
4

 
(2
)
 
2

Unrealized holding losses on securities arising during period
69

 
(26
)
 
43

Reclassification adjustment for holding (gains) losses realized in net earnings (loss)
(2
)
 
1

 
(1
)
Other comprehensive loss from discontinued operations
50

 
(19
)
 
31

Other
(6
)
 
2

 
(4
)
 
Other comprehensive loss
115

 
(44
)
 
71