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Quarterly report pursuant to Section 13 or 15(d)

Investments In Affiliates Accounted For Using The Equity Method

v3.8.0.1
Investments In Affiliates Accounted For Using The Equity Method
3 Months Ended
Mar. 31, 2018
Investments In Affiliates Accounted For Using The Equity Method Ìý
Investments In Affiliates Accounted For Using The Equity Method

(9)ÌýÌýÌýInvestments in Affiliates Accounted for Using the Equity Method

Ìý

º¬Ð߲ݴ«Ã½ has various investments accounted for using the equity method. The following table includes º¬Ð߲ݴ«Ã½'s carrying amount, fair value, and percentage ownership of the more significant investments in affiliates at MarchÌý31, 2018 and the carrying amount at DecemberÌý31,Ìý2017:

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

DecemberÌý31,

Ìý

Ìý

Ìý

MarchÌý31, 2018

Ìý

2017

Ìý

Ìý

ÌýÌýÌýÌý

Percentage

ÌýÌýÌýÌý

FairÌývalue

ÌýÌýÌýÌý

Carrying

ÌýÌýÌýÌý

Carrying

Ìý

Ìý

Ìý

ownership

Ìý

(Level 1)

Ìý

amount

Ìý

amount

Ìý

Ìý

Ìý

Ìý

Ìý

dollar amounts in millions

Ìý

FTD

Ìý

37

%ÌýÌý

$

37

Ìý

Ìý

67

Ìý

73

Ìý

LendingTree (1)

Ìý

NA

Ìý

Ìý

NA

Ìý

Ìý

NA

Ìý

115

Ìý

Other

Ìý

various

Ìý

Ìý

NA

Ìý

Ìý

137

Ìý

121

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

$

204

Ìý

309

Ìý


(1)

As a result of the GCI Liberty Split-Off, LendingTree is no longer an equity affiliate of the Company as of March 9, 2018.

Ìý

The following table presents the Company's share of earnings (losses) of affiliates:

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Three months endedÌýÌýMarchÌý31,

Ìý

Ìý

ÌýÌýÌýÌý

2018

ÌýÌýÌýÌý

2017

Ìý

Ìý

Ìý

amountsÌýinÌýmillions

Ìý

HSNi (1)

Ìý

$

NA

Ìý

16

Ìý

FTD

Ìý

Ìý

(8)

Ìý

(5)

Ìý

LendingTree (2)

Ìý

Ìý

Ìý—

Ìý

Ìý2

Ìý

Other

Ìý

Ìý

(6)

Ìý

(40)

Ìý

Ìý

Ìý

$

(14)

Ìý

(27)

Ìý


(1)

As discussed in note 1, on December 29, 2017,Ìýthe Company acquired the approximately 62% of HSNi it did not already own in an all-stock transaction making HSNi a wholly-owned subsidiary of the Company.ÌýÌýAs HSNi is no longer an equity affiliate as of this date, the Company has not recorded share of earnings (losses) related to HSNi for the three months ended March 31, 2018.

(2)

As a result of the GCI Liberty Split-Off, LendingTree is no longer an equity affiliate of the Company as of March 9, 2018, and the Company’s share of LendingTree’s earnings (losses) for the period ended March 31, 2018 are recorded through this date. Ìý Ìý Ìý Ìý