EX-99.2 10 a2202116zex-99_2.htm EX-99.2
QuickLinks -- Click here to rapidly navigate through this document


Exhibit 99.2

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

December 31, 2010 (unaudited)
amounts in millions

Liberty Media Corporation Net Assets

  $ 11,442  

Reconciling items:

       
 

LMC put option obligations

    19  
       

Liberty Media LLC Net Assets

  $ 11,461  
       

Liberty Media Corporation Net Earnings

  $ 1,937  

Reconciling items:

       
 

LMC selling, general and administrative expenses

    1  
 

Unrealized gain on LMC put options

    (77 )
       

Liberty Media LLC Net Earnings

  $ 1,861  
       

1




QuickLinks

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
December 31, 2010 (unaudited) amounts in millions