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Quarterly report pursuant to Section 13 or 15(d)

Investments in Debt and Equity Securities (Tables)

v3.10.0.1
Investments in Debt and Equity Securities (Tables)
9 Months Ended
Sep. 30, 2018
Investments in Debt and Equity Securities
Schedule of investments in debt and equity securities

September 30,

December 31,

2018

2017

amountsinmillions

Liberty SiriusXM Group

Debt securities

Pandora

$

554

480

iHeart (a)

496

100

Total attributed Liberty SiriusXM Group

1,050

580

Braves Group

Other equity securities

8

8

Total attributed Braves Group

8

8

Formula One Group

Equity securities

AT&T (b)

205

389

Other (c )

143

137

Total attributed Formula One Group

348

526

Consolidated Liberty

$

1,406

1,114


(a)

During the nine months ended September 30, 2018, the Company purchased $522 million in principal of iHeartMedia, Inc. (“iHeart”) bonds for $389 million, resulting in the Company owning an aggregate amount of $660 million in principal of iHeart bonds as of September 30, 2018.

(b)

See note 11 for details regarding the acquisition of Time Warner, Inc. (“Time Warner”) by AT&T and the number and fair value of AT&T shares pledged as collateral pursuant to the Braves Holdings mixed-use development facility as of September 30, 2018.

(c)

A portion of these equity securities are pledged as collateral to the Live Nation Margin Loan. See note 11 for the fair value of shares pledged as of September 30, 2018.

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