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Quarterly report pursuant to Section 13 or 15(d)

Investments in Debt and Equity Securities

v3.19.1
Investments in Debt and Equity Securities
3 Months Ended
Mar. 31, 2019
Investments in Debt and Equity Securities Ìý
Investments in Debt and Equity Securities

(7)ÌýÌýÌýInvestments in Debt and Equity Securities

All investments in marketable debt and equity securities held by the Company are carried at fair value, generally based on quoted market prices, and changes in the fair value of such securities are reported in realized and unrealized gains (losses) on financial instruments in the accompanying condensed consolidated statements of operations. The Company elected the measurement alternative (defined as the cost of the security, adjusted for changes in fair value when there are observable prices, less impairments) for its equity securities without readily determinable fair values.

Investments in debt and equity securities are summarized as follows:

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

ÌýÌýÌýÌý

March 31,

ÌýÌýÌýÌý

December 31,

Ìý

Ìý

Ìý

2019

Ìý

2018

Ìý

Ìý

Ìý

amountsÌýinÌýmillions

Ìý

Liberty SiriusXM Group

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Debt securities

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Pandora (a)

Ìý

$

Ìý—

Ìý

523

Ìý

iHeart

Ìý

Ìý

456

Ìý

444

Ìý

Total attributed Liberty SiriusXM Group

Ìý

Ìý

456

Ìý

967

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Braves Group

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Other equity securities

Ìý

Ìý

Ìý8

Ìý

Ìý8

Ìý

Total attributed Braves Group

Ìý

Ìý

Ìý8

Ìý

Ìý8

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Formula One Group

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Equity securities

ÌýÌýÌýÌý

Ìý

Ìý

ÌýÌýÌýÌý

Ìý

Ìý

AT&T

Ìý

Ìý

192

Ìý

174

Ìý

Other

Ìý

Ìý

131

Ìý

129

Ìý

Total attributed Formula One Group

Ìý

Ìý

323

Ìý

303

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Consolidated Liberty

Ìý

$

787

Ìý

1,278

Ìý


(a)

Pandora’s Series A convertible preferred stock was cancelled upon completion of SIRIUS XM Holdings’ acquisition of Pandora. See note 3 for information regarding the acquisition of Pandora.