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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] Ìý
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:
Ìý
Ìý
Number of Shares Pledged
Ìý


Ìý
as Collateral as of
Ìý
Share value as of
Investment
Ìý
June 30, 2013
Ìý
June 30, 2013
Ìý
Ìý
amounts in millions
SIRIUS XM
Ìý
719.9

Ìý
$
2,412

Charter
Ìý
20.3

Ìý
$
2,510

Live Nation
Ìý
8.1

Ìý
$
125

Time Warner, Inc.
Ìý
4.4

Ìý
$
256

Viacom, Inc.
Ìý
3.5

Ìý
$
240

CenturyLink, Inc.
Ìý
1.8

Ìý
$
64

Time Warner Cable, Inc.
Ìý
1.1

Ìý
$
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):
Ìý
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:
Ìý
Ìý
Ìý
Carrying value
Ìý
Outstanding Principal June 30, 2013
Ìý
Ìý
JuneÌý30,
2013
Ìý
DecemberÌý31,
2012
Ìý
amounts in millions
SIRIUS XM 8.75% Senior Notes due 2015
$
621

Ìý
692

Ìý
—

SIRIUS XM 7% Exchangeable Senior Subordinated Notes due 2014
491

Ìý
535

Ìý
—

SIRIUS XM 7.625% Senior Notes due 2018
549

Ìý
609

Ìý
—

SIRIUS XM 5.25% Senior Notes due 2022
400

Ìý
408

Ìý
—

SIRIUS XM 4.25% Senior Notes due 2020
500

Ìý
495

Ìý
—

SIRIUS XM 4.625% Senior Notes due 2023
500

Ìý
494

Ìý
—

SIRIUS XM Credit Facility
—

Ìý
—

Ìý
—

Margin Loans
1,120

Ìý
1,120

Ìý
—

ÌýÌýÌýÌýÌýÌýOther debt
10

Ìý
10

Ìý
—

Total debt
$
4,191

Ìý
4,363

Ìý
—

Less current maturities
Ìý
Ìý
4

Ìý
—

Total long-term debt
Ìý
Ìý
$
4,359

Ìý
—