v2.4.1.9
Investments (Tables)
12 Months Ended
Dec. 31, 2014
Investment Summary
December 31 (in millions)20142013
Fair Value Method$ 662 $ 4,345
Equity Method:
The Weather Channel 335 333
Hulu 167 187
Other 517 469
1,019 989
Cost Method:
AirTouch 1,568 1,553
Other 488 456
2,056 2,009
Total investments 3,737 7,343
Less: Current investments 602 3,573
Noncurrent investments$ 3,135 $ 3,770
Investment Income (Loss), Net
Investment Income (Loss), Net
Year ended December 31 (in millions)201420132012
Gains on sales and exchanges of investments, net$ 192 $ 484 $ 30
Investment impairment losses (50) (29) (24)
Unrealized gains on securities underlying prepaid forward sale agreements 66 1,601 1,159
Mark to market adjustments on derivative component of prepaid forward sale
agreements and indexed debt instruments (56) (1,604) (1,071)
Interest and dividend income 116 111 119
Other, net 28 13 6
Investment income (loss), net$ 296 $ 576 $ 219
Prepaid Forward Sale Agreements
Prepaid Forward Sale Agreements
December 31 (in millions)20142013
Assets:
Fair value equity securities held as collateral$ 523 $ 3,959
Liabilities:
Obligations under prepaid forward sale agreements$ 119 $ 811
Derivative component of prepaid forward sale agreements 356 2,800
Total liabilities$ 475 $ 3,611
NBCUniversal Media, LLC [Member]  
Investment Summary
December 31 (in millions)20142013
Fair Value Method$ 10 $ 11
Equity Method:
The Weather Channel 335 333
Hulu 167 187
Other 338 332
840 852
Cost Method 32 21
Total investments$ 882 $ 884