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, 2014
Long-term Debt, Unclassified [Abstract]  
Schedule of Long-term Debt Instruments [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

Outstanding

 

Carrying value

 

    

Principal September 30,

    

September 30,

    

December 31,

 

 

2014

 

2014

 

2013

 

 

amounts in millions

Corporate level notes and loans:

 

 

 

 

 

 

 

 

Liberty 1.375% Cash Convertible Notes due 2023

 

$

1,000 

 

 

983 

 

1,002 

Margin Loans

 

 

250 

 

 

250 

 

920 

Subsidiary notes and loans

 

 

 

 

 

 

 

 

SIRIUS XM 7% Exchangeable Senior Subordinated Notes due 2014

 

 

491 

 

 

496 

 

520 

SIRIUS XM 5.875% Senior Notes due 2020

 

 

650 

 

 

644 

 

643 

SIRIUS XM 5.75% Senior Notes due 2021

 

 

600 

 

 

595 

 

594 

SIRIUS XM 5.25% Senior Notes due 2022

 

 

400 

 

 

407 

 

407 

SIRIUS XM 4.25% Senior Notes due 2020

 

 

500 

 

 

495 

 

494 

SIRIUS XM 4.625% Senior Notes due 2023

 

 

500 

 

 

495 

 

495 

SIRIUS XM 6% Senior Notes due 2024

 

 

1,500 

 

 

1,484 

 

SIRIUS XM Credit Facility

 

 

145 

 

 

145 

 

460 

Other subsidiary debt

 

 

80 

 

 

80 

 

20 

Total debt

 

$

6,116 

 

 

6,074 

 

5,555 

Less debt classified as current

 

 

 

 

 

(754)

 

(777)

Total long-term debt

 

 

 

 

$

5,320 

 

4,778 

 

Value of shares pledged as collateral pursuant to the margin loan agreements

 

 

 

 

 

 

 

 

    

Number of Shares Pledged

    

 

 

 

 

 

as Collateral as of

 

Share value as of

 

Investment

 

September 30, 2014

 

September 30, 2014

 

 

 

amounts in millions

 

SIRIUS XM

 

719.9 

 

$

2,513 

 

Live Nation

 

8.1 

 

$

193 

 

Time Warner, Inc.

 

3.6 

 

$

272 

 

Viacom, Inc.

 

3.5 

 

$

272 

 

Time, Inc.

 

0.5 

 

$

11 

 

 

Fair Value of Debt

 

 

 

 

 

 

    

September 30, 2014

 

SIRIUS XM 5.875% Senior Notes due 2020

 

$

660 

 

SIRIUS XM 5.75% Senior Notes due 2021

 

$

606 

 

SIRIUS XM 7% Exchangeable Senior Subordinated Notes due 2014

 

$

942 

 

SIRIUS XM 5.25% Senior Notes due 2022

 

$

417 

 

SIRIUS XM 4.25% Senior Notes due 2020

 

$

482 

 

SIRIUS XM 4.625% Senior Notes due 2023

 

$

466 

 

SIRIUS XM 6% Senior Notes due 2024

 

$

1,532