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Quarterly report pursuant to Section 13 or 15(d)

Assets And Liabilities Measured At Fair Value (Tables)

v2.4.0.8
Assets And Liabilities Measured At Fair Value (Tables)
6 Months Ended
Jun. 30, 2014
Fair Value Disclosures [Abstract] Ìý
Assets and Liabilities Measured at Fair Value
Liberty's assets and liabilities measured at fair value are as follows:
Ìý
Fair Value Measurements at
June 30, 2014
Ìý
Fair Value Measurements at
December 31, 2013
Description
Total
Ìý
Quoted prices
in active markets
for identical assets
(LevelÌý1)
Ìý
Significant other
observable
inputs
(LevelÌý2)
Ìý
Total
Ìý
Quoted prices
in active markets
for identical assets
(LevelÌý1)
Ìý
Significant other
observable
inputs
(LevelÌý2)
Ìý
amounts in millions
Cash equivalents
$
344

Ìý
344

Ìý
—

Ìý
859

Ìý
859

Ìý
—

Short term marketable securities
$
240

Ìý
—

Ìý
240

Ìý
15

Ìý
15

Ìý
—

Available-for-sale securities
$
1,092

Ìý
1,015

Ìý
77

Ìý
1,293

Ìý
978

Ìý
315

Financial instrument assets
$
331

Ìý
—

Ìý
331

Ìý
397

Ìý
—

Ìý
397

Debt
$
1,025

Ìý
—

Ìý
1,025

Ìý
1,002

Ìý
—

Ìý
1,002

Realized and Unrealized Gains (Losses) on Financial Instruments
Realized and unrealized gains (losses) on financial instruments are comprised of changes in the fair value of the following:
Ìý
Three months ended
June 30,
Ìý
Six months ended
June 30,
Ìý
2014
Ìý
2013
Ìý
2014
Ìý
2013
Ìý
amounts in millions
Fair Value Option Securities
$
78

Ìý
54

Ìý
63

Ìý
136

Cash convertible notes (a)
(82
)
Ìý
—

Ìý
(23
)
Ìý
—

Other derivatives (b)
29

Ìý
7

Ìý
(80
)
Ìý
22

Ìý
$
25

Ìý
61

Ìý
(40
)
Ìý
158



(a)
Liberty issued $1 billion of cash convertible notes in October 2013 which are accounted for at fair value (Level 2), as elected by Liberty at the issuance of the notes.

(b)
Derivatives, including the Charter warrants (as discussed in note 6) and the bond hedge (as discussed in note 8), are marked to market based on the trading price of underlying securities and other observable market data as the significant inputs (Level 2).