Quarterly report pursuant to Section 13 or 15(d)

Investments In Affiliates Accounted For Using The Equity Method (Tables)

v2.4.0.8
Investments In Affiliates Accounted For Using The Equity Method (Tables)
 6 Months Ended
Jun. 30, 2014
Investments In Affiliates Accounted For Using The Equity Method  
Schedule Of Equity Ownership And Carrying Amount
Liberty has various investments accounted for using the equity method. The following table includes the Company's carrying amount and percentage ownership of the more significant investments in affiliates at June 30, 2014 and the carrying amount at December 31, 2013:
 
June 30, 2014
 
December 31, 2013
 
Percentage
ownership
 
Fair Value (Level 1)
 
Carrying
amount
 
Carrying
amount
 
 
 
dollar amounts in millions
Charter (a)
26
%
 
$
4,396

 
$
2,420

 
2,395

Live Nation (b) (c)
27
%
 
$
1,327

 
448

 
409

 SIRIUS XM Canada
37
%
 
$
310

 
242

 
273

 Other
various

 
NA

 
228

 
222

 
 

 
 

 
$
3,338

 
3,299

Schedule Of Liberty's Share Of Earnings (Losses) Of Affiliates
The following table presents the Company's share of earnings (losses) of affiliates:
 
Three months ended
June 30,
 
Six months ended
June 30,
 
2014
 
2013
 
2014
 
2013
 
amounts in millions
Charter (a)
$
(25
)
 
(37
)
 
(53
)
 
(37
)
SIRIUS XM
—

 
—

 
—

 
8

Live Nation
11

 
11

 
(3
)
 
(8
)
SIRIUS XM Canada
—

 
—

 
1

 
1

Other
2

 
5

 
8

 
32

 
$
(12
)
 
(21
)
 
(47
)
 
(4
)

(a)
As discussed below, Liberty acquired its interest in Charter during the three months ended June 30, 2013 for approximately $2.6 billion. Additionally, during the three months ended June 30, 2014 Liberty acquired 896,845 shares of Charter for $124 million.

(b)
See note 8 for details regarding the number and fair value of shares pledged as collateral pursuant to certain margin loan agreements as of June 30, 2014.

(c)
During the three months ended June 30, 2014, Liberty acquired approximately 1.7 million shares of Live Nation for approximately $39 million.