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Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt (Tables)

v2.4.0.8
Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2014
Long-term Debt, Unclassified [Abstract] Ìý
Debt Excluding Intergroup Debt
Debt is summarized as follows:
Ìý
Ìý
Outstanding principal at March 31, 2014
Ìý
Carrying value
Ìý
Ìý
MarchÌý31, 2014
Ìý
DecemberÌý31, 2013
Ìý
Ìý
amounts in millions
Interactive Group
Ìý
Ìý
Ìý
Ìý
Ìý
Corporate level notes and debentures
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
8.5% Senior Debentures due 2029
$
287

Ìý
285

Ìý
285

Ìý
8.25% Senior Debentures due 2030
504

Ìý
501

Ìý
501

Ìý
1% Exchangeable Senior Debentures due 2043
400

Ìý
422

Ìý
423

Subsidiary level notes and facilities
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
QVC 7.5% Senior Secured Notes due 2019
769

Ìý
761

Ìý
761

Ìý
QVC 3.125% Senior Secured Notes due 2019
400

Ìý
399

Ìý
—

Ìý
QVC 7.375% Senior Secured Notes due 2020
500

Ìý
500

Ìý
500

Ìý
QVC 5.125% Senior Secured Notes due 2022
500

Ìý
500

Ìý
500

Ìý
QVC 4.375% Senior Secured Notes due 2023
750

Ìý
750

Ìý
750

Ìý
QVC 4.850% Senior Secured Notes due 2024
600

Ìý
600

Ìý
—

Ìý
QVC 5.95% Senior Secured Notes due 2043
300

Ìý
300

Ìý
300

Ìý
QVC Bank Credit Facilities
124

Ìý
124

Ìý
922

Ìý
Other subsidiary debt
145

Ìý
145

Ìý
141

ÌýÌýÌýÌýÌýTotal Interactive Group
$
5,279

Ìý
5,287

Ìý
5,083

Ventures Group
Ìý
Ìý
Ìý
Ìý
Ìý
Corporate level debentures
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
4% Exchangeable Senior Debentures due 2029
$
439

Ìý
284

Ìý
284

Ìý
3.75% Exchangeable Senior Debentures due 2030
438

Ìý
276

Ìý
270

Ìý
3.5% Exchangeable Senior Debentures due 2031
359

Ìý
316

Ìý
316

Ìý
0.75% Exchangeable Senior Debentures due 2043
850

Ìý
1,067

Ìý
1,062

Subsidiary level facilities
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
TripAdvisor Debt Facilities
361

Ìý
361

Ìý
369

ÌýÌýÌýÌýÌýTotal Ventures Group debt
$
2,447

Ìý
2,304

Ìý
2,301

Ìý
Total consolidated Liberty debt
$
7,726

Ìý
7,591

Ìý
7,384

Ìý
Less current classification
Ìý

Ìý
(983
)
Ìý
(978
)
Ìý
Total long-term debt
Ìý
Ìý
$
6,608

Ìý
6,406

Debt Securities That Are Not Reported At Fair Value
Liberty estimates the fair value of its debt based on the quoted market prices for the same or similar issues or on the current rate offered to Liberty for debt of the same remaining maturities (Level 2). The fair value of Liberty's publicly traded debt securities that are not reported at fair value in the accompanying condensed consolidated balance sheet at MarchÌý31, 2014 are as follows (amounts inÌýmillions):
Senior debentures
$
869

QVC senior secured notes
$
3,946