v3.26.1
Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2026
Long-Term Debt  
Schedule of debt instruments

​

​

​

​

​

​

​

​

​

​

​

​

​

Outstanding

​

Carrying value

​

​

  ​ ​ ​

Principal

  ​ ​ ​

March 31,

  ​ ​ ​

December 31,

 

​

​

March 31, 2026

​

2026

​

2025

​

​

​

amounts in millions

​

Corporate level notes and loans:

​

​

​

​

​

​

​

​

​

2.25% Convertible Senior Notes due 2027 (1)

​

​

475

​

​

550

​

597

​

Other

​

​

23

​

​

23

​

24

​

Subsidiary notes and loans:

​

​

​

​

​

​

​

​

​

Formula 1 Senior Loan Facilities

​

​

3,340

​

​

3,321

​

3,331

​

MotoGP Credit Facilities

​

​

1,151

​

​

1,151

​

1,173

​

Deferred financing costs

​

​

​

​

​

(24)

​

(25)

​

Total debt

​

$

4,989

 

​

5,021

 

5,100

​

Debt classified as current

​

​

​

 

​

(53)

 

(52)

​

Total long-term debt

​

​

​

​

$

4,968

 

5,048

​

(1) Measured at fair value