Annual report [Section 13 and 15(d), not S-K Item 405]

Assets and Liabilities Measured at Fair Value (Tables)

v3.25.0.1
Assets and Liabilities Measured at Fair Value (Tables)
12 Months Ended
Dec. 31, 2024
Assets and Liabilities Measured at Fair Value  
Schedule of assets and liabilities measured at fair value

December 31, 2024

December 31, 2023

 

Quoted prices

Quoted prices

 

in active 

Significant

in active

Significant

 

markets

other

markets

other

 

for identical

observable

for identical

observable

 

assets

inputs

assets

inputs

 

Description

Total

(Level 1)

(Level 2)

Total

(Level 1)

(Level 2)

 

 amounts in millions

 

Cash equivalents

    

$

652

    

652

    

    

726

    

726

    

Debt

$

282

 

 

282

 

219

 

 

219

Summary of realized and unrealized gains (losses) on financial instruments

Years ended December 31,

 

    

2024

    

2023

    

2022

 

amounts in millions

 

Equity securities

$

(22)

 

(22)

 

13

Exchangeable senior debentures

 

(38)

 

(33)

 

324

Indemnification asset (1)

(5)

(273)

Other financial instruments

 

 

(1)

 

(9)

$

(60)

 

(61)

 

55

(1) Pursuant to an indemnification agreement Liberty Broadband agreed to indemnify Liberty Interactive LLC (“LI LLC”) for certain payments made to holders of LI LLC’s 1.75% exchangeable senior debentures due 2046 (the “1.75% Exchangeable Senior Debentures”). As of December 31, 2023, all remaining 1.75% Exchangeable Senior Debentures were either retired or exchanged.