Assets And Liabilities Measured At Fair Value (Tables) |
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| Fair Value Disclosures [Abstract] | Ìý | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Assets and Liabilities Measured at Fair Value |
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| 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 (amounts in millions): Ìý
DerivativesÌýare marked to market based on the trading price of underlying securities and other observable market data as the significant inputs (Level 2).ÌýDuring September 2014, Liberty entered into a forward contract to acquire up to 15.9 million shares of Live Nation common stock. Prior to the contract’s original expiration during March 2015, the Company extended the contract through October 15, 2015 with expiration occurring on the sixtieth day following the completion of the counterparty’s initial hedge, which was November 27, 2015 and settlement occurring on December 2, 2015. ÌýThe counterparty acquired the maximum number of Live Nation shares of common stock at a volume weighted average share price of $24.93 per share during September 2015. ÌýLiberty settled the contract for $396 million paid to the counterparty.
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