Qurate Retail, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt (Tables)

Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2014

Long-term Debt, Unclassified [Abstract]

Debt is summarized as follows:



		Outstanding principal at March 31, 2014		Carrying value
		Outstanding principal at March 31, 2014		March 31, 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		422			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	124		124			922
	Other subsidiary debt	145		145			141
Total Interactive Group		$	5,279	5,287			5,083
Ventures Group
Corporate level debentures
	4% Exchangeable Senior Debentures due 2029	$	439	284			284
	3.75% Exchangeable Senior Debentures due 2030	438		276			270
	3.5% Exchangeable Senior Debentures due 2031	359		316			316
	0.75% Exchangeable Senior Debentures due 2043	850		1,067			1,062
Subsidiary level facilities
	TripAdvisor Debt Facilities	361		361			369
Total Ventures Group debt		$	2,447	2,304			2,301
	Total consolidated Liberty debt	$	7,726	7,591			7,384
	Less current classification			(983		)	(978	)
	Total long-term debt			$	6,608		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 March 31, 2014 are as follows (amounts in millions):



Senior debentures	$	869
QVC senior secured notes	$	3,946