Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt (Tables)

v2.4.0.8
Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2014
Long-term Debt, Unclassified [Abstract]  
Debt Excluding Intergroup Debt
Debt is summarized as follows:
 
 
Outstanding principal at June 30, 2014
 
Carrying value
 
 
June 30, 2014
 
December 31, 2013
 
 
amounts in millions
Interactive Group
 
 
 
 
 
Corporate level notes and debentures
 
 
 
 
 
 
8.5% Senior Debentures due 2029
$
287

 
285

 
285

 
8.25% Senior Debentures due 2030
504

 
501

 
501

 
1% Exchangeable Senior Debentures due 2043
400

 
416

 
423

Subsidiary level notes and facilities
 
 
 
 
 
 
QVC 7.5% Senior Secured Notes due 2019
769

 
761

 
761

 
QVC 3.125% Senior Secured Notes due 2019
400

 
399

 

 
QVC 7.375% Senior Secured Notes due 2020
500

 
500

 
500

 
QVC 5.125% Senior Secured Notes due 2022
500

 
500

 
500

 
QVC 4.375% Senior Secured Notes due 2023
750

 
750

 
750

 
QVC 4.850% Senior Secured Notes due 2024
600

 
600

 

 
QVC 5.95% Senior Secured Notes due 2043
300

 
300

 
300

 
QVC Bank Credit Facilities
65

 
65

 
922

 
Other subsidiary debt
157

 
157

 
141

     Total Interactive Group
$
5,232

 
5,234

 
5,083

Ventures Group
 
 
 
 
 
Corporate level debentures
 
 
 
 
 
 
4% Exchangeable Senior Debentures due 2029
$
439

 
307

 
284

 
3.75% Exchangeable Senior Debentures due 2030
438

 
294

 
270

 
3.5% Exchangeable Senior Debentures due 2031
359

 
335

 
316

 
0.75% Exchangeable Senior Debentures due 2043
850

 
1,145

 
1,062

Subsidiary level facilities
 
 
 
 
 
 
TripAdvisor Debt Facilities
353

 
353

 
369

     Total Ventures Group debt
$
2,439

 
2,434

 
2,301

 
Total consolidated Liberty debt
$
7,671

 
7,668

 
7,384

 
Less current classification
 

 
(1,048
)
 
(978
)
 
Total long-term debt
 
 
$
6,620

 
6,406

Debt Securities That Are Not Reported At Fair Value
Liberty estimates the fair value of its debt based on the quoted market prices for the same or similar issues or on the current rate offered to Liberty for debt of the same remaining maturities (Level 2). The fair value of Liberty's publicly traded debt securities that are not reported at fair value in the accompanying condensed consolidated balance sheet at June 30, 2014 are as follows (amounts in millions):
Senior debentures
$
883

QVC senior secured notes
$
4,006