Quarterly report pursuant to Section 13 or 15(d)

Assets And Liabilities Measured At Fair Value (Tables)

v2.4.0.8
Assets And Liabilities Measured At Fair Value (Tables)
 6 Months Ended
Jun. 30, 2014
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value
Liberty's assets and liabilities measured at fair value are as follows:
 
Fair Value Measurements at
June 30, 2014
 
Fair Value Measurements at
December 31, 2013
Description
Total
 
Quoted prices
in active markets
for identical assets
(Level 1)
 
Significant other
observable
inputs
(Level 2)
 
Total
 
Quoted prices
in active markets
for identical assets
(Level 1)
 
Significant other
observable
inputs
(Level 2)
 
amounts in millions
Cash equivalents
$
344

 
344

 
—

 
859

 
859

 
—

Short term marketable securities
$
240

 
—

 
240

 
15

 
15

 
—

Available-for-sale securities
$
1,092

 
1,015

 
77

 
1,293

 
978

 
315

Financial instrument assets
$
331

 
—

 
331

 
397

 
—

 
397

Debt
$
1,025

 
—

 
1,025

 
1,002

 
—

 
1,002

Realized and Unrealized Gains (Losses) on Financial Instruments
Realized and unrealized gains (losses) on financial instruments are comprised of changes in the fair value of the following:
 
Three months ended
June 30,
 
Six months ended
June 30,
 
2014
 
2013
 
2014
 
2013
 
amounts in millions
Fair Value Option Securities
$
78

 
54

 
63

 
136

Cash convertible notes (a)
(82
)
 
—

 
(23
)
 
—

Other derivatives (b)
29

 
7

 
(80
)
 
22

 
$
25

 
61

 
(40
)
 
158



(a)
Liberty issued $1 billion of cash convertible notes in October 2013 which are accounted for at fair value (Level 2), as elected by Liberty at the issuance of the notes.

(b)
Derivatives, including the Charter warrants (as discussed in note 6) and the bond hedge (as discussed in note 8), are marked to market based on the trading price of underlying securities and other observable market data as the significant inputs (Level 2).