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, 2013
Long-term Debt, Unclassified [Abstract]  
Schedule of Financial Instruments Owned and Pledged as Collateral [Table Text Block]
As of June 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
 
June 30, 2013
 
June 30, 2013
 
 
amounts in millions
SIRIUS XM
 
719.9

 
$
2,412

Charter
 
20.3

 
$
2,510

Live Nation
 
8.1

 
$
125

Time Warner, Inc.
 
4.4

 
$
256

Viacom, Inc.
 
3.5

 
$
240

CenturyLink, Inc.
 
1.8

 
$
64

Time Warner Cable, Inc.
 
1.1

 
$
125


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):
 
June 30, 2013
SIRIUS XM 8.75% Senior Notes due 2015
$
685

SIRIUS XM 7% Exchangeable Senior Subordinated Notes due 2014
$
930

SIRIUS XM 7.625% Senior Notes due 2018
$
601

SIRIUS XM 5.25% Senior Notes due 2022
$
391

SIRIUS XM 4.25% Senior Notes due 2020
$
474

SIRIUS XM 4.625% Senior Notes due 2023
$
470

Schedule of Long-term Debt Instruments [Table Text Block]
Debt is summarized as follows:
 
 
 
Carrying value
 
Outstanding Principal June 30, 2013
 
 
June 30,
2013
 
December 31,
2012
 
amounts in millions
SIRIUS XM 8.75% Senior Notes due 2015
$
621

 
692

 
—

SIRIUS XM 7% Exchangeable Senior Subordinated Notes due 2014
491

 
535

 
—

SIRIUS XM 7.625% Senior Notes due 2018
549

 
609

 
—

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
—

 
—

 
—

Margin Loans
1,120

 
1,120

 
—

      Other debt
10

 
10

 
—

Total debt
$
4,191

 
4,363

 
—

Less current maturities
 
 
4

 
—

Total long-term debt
 
 
$
4,359

 
—