Annual report pursuant to Section 13 and 15(d)

Long-Term Debt (Tables)

v2.4.0.8
Long-Term Debt (Tables)
 12 Months Ended
Dec. 31, 2013
Long-term Debt, Unclassified [Abstract]  
Debt Excluding Intergroup Debt
Debt is summarized as follows:
 
 
Outstanding principal December 31, 2013
 
Carrying value
 
 
December 31, 2013
 
December 31, 2012
 
 
amounts in millions
Interactive Group
 
 
 
 
 
Corporate level notes and debentures
 
 
 
 
 
 
5.7% Senior Notes due 2013
$
—

 
—

 
240

 
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

 
423

 
—

Subsidiary level notes and facilities
 
 
 
 
 
 
QVC 7.125% Senior Secured Notes due 2017
—

 
—

 
500

 
QVC 7.5% Senior Secured Notes due 2019
769

 
761

 
988

 
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

 
—

 
QVC 5.95% Senior Secured Notes due 2043
300

 
300

 
—

 
QVC Bank Credit Facilities
922

 
922

 
903

 
Other subsidiary debt
141

 
141

 
125

   Total Interactive Group
$
5,073

 
5,083

 
4,542

Ventures Group
 
 
 
 
 
Corporate level debentures
 
 
 
 
 
 
3.125% Exchangeable Senior Debentures due 2023
$
—

 
—

 
1,639

 
4% Exchangeable Senior Debentures due 2029
439

 
284

 
311

 
3.75% Exchangeable Senior Debentures due 2030
439

 
270

 
297

 
3.5% Exchangeable Senior Debentures due 2031
363

 
316

 
292

 
3.25% Exchangeable Senior Debentures due 2031
—

 
—

 
391

 
0.75% Exchangeable Senior Debentures due 2043
850

 
1,062

 
—

Subsidiary level facilities
 
 
 
 
 
 
TripAdvisor Debt Facilities
369

 
369

 
412

   Total Ventures Group
$
2,460

 
2,301

 
3,342

 
Total consolidated Liberty debt
$
7,533

 
7,384

 
7,884

 
Less debt classified as current
 

 
(978
)
 
(1,638
)
 
    Total long-term debt
 

 
$
6,406

 
6,246

Debt Securities That Are Not Reported At Fair Value
The fair value, based on quoted prices of instruments but not considered to be active markets (level 2), of Liberty's publicly traded debt securities that are not reported at fair value in the accompanying consolidated balance sheets is as follows (amounts in millions):
 
December 31,
 
2013
 
2012
Senior notes
$
—

 
244

Senior debentures
$
845

 
849

QVC senior secured notes
$
2,861

 
2,723

Schedule of Maturities of Long-term Debt [Table Text Block]
The annual principal maturities of Liberty's debt, based on stated maturity dates, for each of the next five years is as follows (amounts in millions):
2014
$
118

2015
$
62

2016
$
282

2017
$
43

2018
$
946