v2.4.0.8
Investments (Tables)
6 Months Ended
Jun. 30, 2014
Investment Summary
June 30,December 31,
(in millions)20142013
Fair Value Method$ 2,387$ 4,345
Equity Method:
The Weather Channel 331 333
Hulu 187 187
Other 486 469
1,004 989
Cost Method:
AirTouch 1,560 1,553
Other 446 456
2,006 2,009
Total investments 5,397 7,343
Less: Current investments 2,325 3,573
Noncurrent investments$ 3,072$ 3,770
Investment Income (Loss), Net
Investment Income (Loss), Net
Three Months EndedSix Months Ended
June 30June 30
(in millions)2014201320142013
Gains on sales and exchanges of investments, net$ 90$ 3$ 173$ 38
Investment impairment losses (19) (4) (24) (13)
Unrealized gains (losses) on securities underlying prepaid
forward sale agreements 85 247 (28) 852
Mark to market adjustments on derivative component of prepaid
forward sale agreements and indexed debt instruments (85) (239) 32 (841)
Interest and dividend income 28 26 56 56
Other, net 21 (20) 24 (7)
Investment income (loss), net$ 120$ 13$ 233$ 85
Prepaid Forward Sale Agreements
Prepaid Forward Sale Agreements
June 30,December 31,
(in millions)20142013
Assets:
Fair value equity securities held as collateral$ 2,250$ 3,959
Liabilities:
Obligations under prepaid forward sale agreements$ 470$ 811
Derivative component of prepaid forward sale agreements 1,586 2,800
Total liabilities$ 2,056$ 3,611
NBCUniversal Media, LLC [Member]
 
Investment Summary
June 30,December 31,
(in millions)20142013
Fair Value Method$ 19$ 11
Equity Method:
The Weather Channel 331 333
Hulu 187 187
Other 333 332
851 852
Cost Method 19 21
Total investments 889 884
Less: Current investments 8 -
Noncurrent Investments$ 881$ 884