è

Quarterly report pursuant to Section 13 or 15(d)

Investments in Debt and Equity Securities (Tables)

v3.10.0.1
Investments in Debt and Equity Securities (Tables)
9 Months Ended
Sep. 30, 2018
Investments in Debt and Equity Securities
Schedule of investments in debt and equity securities

September 30,

December 31,

2018

2017

amountsinmillions

è SiriusXM Group

Debt securities

Pandora

$

554

480

iHeart (a)

496

100

Total attributed è SiriusXM Group

1,050

580

Braves Group

Other equity securities

8

8

Total attributed Braves Group

8

8

Formula One Group

Equity securities

AT&T (b)

205

389

Other (c )

143

137

Total attributed Formula One Group

348

526

Consolidated è

$

1,406

1,114


(a)

During the nine months ended September 30, 2018, the Company purchased $522 million in principal of iHeartMedia, Inc. (“iHeart”) bonds for $389 million, resulting in the Company owning an aggregate amount of $660 million in principal of iHeart bonds as of September 30, 2018.

(b)

See note 11 for details regarding the acquisition of Time Warner, Inc. (“Time Warner”) by AT&T and the number and fair value of AT&T shares pledged as collateral pursuant to the Braves Holdings mixed-use development facility as of September 30, 2018.

(c)

A portion of these equity securities are pledged as collateral to the Live Nation Margin Loan. See note 11 for the fair value of shares pledged as of September 30, 2018.

.