Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt (Tables)

v2.4.0.8
Long-Term Debt (Tables)
 9 Months Ended
Sep. 30, 2013
Long-term Debt, Unclassified [Abstract]  
Schedule of Financial Instruments Owned and Pledged as Collateral [Table Text Block]
As of September 30, 2013, the value of shares pledged as collateral pursuant to all three margin loan agreements is as follows:
 
 
Number of Shares Pledged
 
 
 
 
as Collateral as of
 
Share value as of
Investment
 
September 30, 2013
 
September 30, 2013
 
 
amounts in millions
SIRIUS XM
 
719.9

 
$
2,793

Charter
 
20.3

 
$
2,731

Live Nation
 
8.1

 
$
149

Time Warner, Inc.
 
4.4

 
$
291

Viacom, Inc.
 
3.5

 
$
295

CenturyLink, Inc.
 
1.8

 
$
57

Time Warner Cable, Inc.
 
1.1

 
$
124


Debt Securities That Are Not Reported At Fair Value Text Block
The fair value, based on quoted market prices of the same instruments but not considered to be active markets (Level 2), of SIRIUS XM's publicly traded debt securities is as follows (amounts in millions):
 
September 30, 2013
SIRIUS XM 5.875% Senior Notes due 2020
$
656

SIRIUS XM 5.75% Senior Notes due 2021
$
597

SIRIUS XM 7% Exchangeable Senior Subordinated Notes due 2014
$
1,064

SIRIUS XM 7.625% Senior Notes due 2018
$
544

SIRIUS XM 5.25% Senior Notes due 2022
$
385

SIRIUS XM 4.25% Senior Notes due 2020
$
467

SIRIUS XM 4.625% Senior Notes due 2023
$
456

Schedule of Long-term Debt Instruments [Table Text Block]
Debt is summarized as follows:
 
 
 
Carrying value
 
Outstanding Principal September 30, 2013
 
 
September 30,
2013
 
December 31,
2012
 
amounts in millions
SIRIUS XM 8.75% Senior Notes due 2015
$
—

 
—

 
—

SIRIUS XM 7% Exchangeable Senior Subordinated Notes due 2014
491

 
528

 
—

SIRIUS XM 7.625% Senior Notes due 2018
489

 
542

 
—

SIRIUS XM 5.875% Senior Notes due 2020
650

 
643

 
—

SIRIUS XM 5.75% Senior Notes due 2021
600

 
594

 
—

SIRIUS XM 5.25% Senior Notes due 2022
400

 
408

 
—

SIRIUS XM 4.25% Senior Notes due 2020
500

 
495

 
—

SIRIUS XM 4.625% Senior Notes due 2023
500

 
494

 
—

SIRIUS XM Credit Facility
40

 
40

 
—

Margin Loans
1,120

 
1,120

 
—

      Other debt
17

 
17

 
—

Total debt
$
4,807

 
4,881

 
—

Less current classification
 
 
496

 
—

Total long-term debt
 
 
$
4,385

 
—