Liberty Media Corporation 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)

6 Months Ended

Jun. 30, 2017


	Outstanding		Carrying value
	Principal		June 30,		December 31,
	June 30, 2017		2017		2016
	amounts in millions
Liberty SiriusXM Group
Corporate level notes and loans:
Margin Loans	$	250		250	250
Subsidiary notes and loans:
SIRIUS XM 5.75% Senior Notes due 2021		600		597	596
SIRIUS XM 5.25% Senior Secured Notes due 2022		400		405	405
SIRIUS XM 4.25% Senior Notes due 2020		500		497	497
SIRIUS XM 4.625% Senior Notes due 2023		500		496	496
SIRIUS XM 6% Senior Notes due 2024		1,500		1,487	1,487
SIRIUS XM 5.375% Senior Notes due 2025		1,000		991	990
SIRIUS XM 5.375% Senior Notes due 2026		1,000		990	989
SIRIUS XM Credit Facility		1,000		1,000	390
SIRIUS XM leases		11		11	14
Less deferred financing costs				(7)	(7)
Total Liberty SiriusXM Group		6,761		6,717	6,107
Braves Group
Subsidiary notes and loans:
Notes and loans		511		511	338
Less deferred financing costs				(9)	(10)
Total Braves Group		511		502	328
Formula One Group
Corporate level notes and loans:
1.375% Cash Convertible Notes due 2023		1,000		1,177	1,076
1% Cash Convertible Notes due 2023		450		523	—
2.25% Exchangeable Senior Debentures due 2046		445		483	470
Live Nation Margin Loan		350		350	—
Other		35		36	37
Subsidiary notes and loans:
Bank Loans		3,402		3,417	—
Delta Topco Exchangeable Notes		351		335	—
Less deferred financing costs				(16)	—
Total Formula One Group		6,033		6,305	1,583
Total debt	$	13,305		13,524	8,018
Less debt classified as current				(5)	(5)
Total long-term debt			$	13,519	8,013

Fair Value of Debt

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, not reported at fair value, are as follows (amounts in millions):


	June 30, 2017
SIRIUS XM 5.75% Senior Notes due 2021	$	619
SIRIUS XM 5.25% Senior Secured Notes due 2022	$	412
SIRIUS XM 4.25% Senior Notes due 2020	$	506
SIRIUS XM 4.625% Senior Notes due 2023	$	516
SIRIUS XM 6% Senior Notes due 2024	$	1,598
SIRIUS XM 5.375% Senior Notes due 2025	$	1,035
SIRIUS XM 5.375% Senior Notes due 2026	$	1,039

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details