Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.5.0.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Assets, Current    
Cash and cash equivalents $ 510 $ 2,449
Trade and other receivables, net 912 1,443
Inventory, net 1,088 1,000
Short term marketable securities   910
Other current assets 204 73
Total current assets 2,714 5,875
Investments in available-for-sale securities and other cost investments 1,770 1,353
Investments in affiliates, accounted for using the equity method 1,525 1,641
Investments in and Advances to Affiliates, at Fair Value 2,561  
Property and equipment, at cost 2,297 2,124
Accumulated depreciation (1,067) (984)
Property and equipment, net 1,230 1,140
Intangible assets not subject to amortization:    
Goodwill 6,202 6,112
Trademarks 3,322 3,373
Indefinite Lived Intangible Assets Total 9,524 9,485
Intangible assets subject to amortization, net 1,313 1,647
Other assets, at cost, net of accumulated amortization 56 39
Total assets 20,693 21,180
Liabilities and Equity    
Accounts payable 641 762
Accrued liabilities 634 784
Current portion of debt 1,787 1,226
Other current liabilities 152 328
Total current liabilities 3,214 3,100
Long-term debt 6,440 7,481
Deferred income tax liabilities 3,757 3,502
Other liabilities 288 222
Total liabilities 13,699 14,305
Equity    
Preferred stock, $.01 par value. Authorized 50,000,000 shares; no shares issued
Additional paid-in capital 12 370
Accumulated other comprehensive earnings, net of taxes (191) (215)
Retained earnings 7,065 6,626
Total stockholders' equity 6,892 6,787
Noncontrolling interests in equity of subsidiaries 102 88
Total equity 6,994 6,875
Commitments and contingencies
Total liabilities and equity 20,693 21,180
QVC Group Common Stock    
Assets, Current    
Cash and cash equivalents 394 426
Trade and other receivables, net 861  
Inventory, net 1,043  
Other current assets 190  
Total current assets 2,488  
Investments in available-for-sale securities and other cost investments 4 4
Investments in affiliates, accounted for using the equity method 225 208
Property and equipment, net 1,194  
Intangible assets not subject to amortization:    
Indefinite Lived Intangible Assets Total 9,396  
Intangible assets subject to amortization, net 1,274  
Other assets, at cost, net of accumulated amortization 49  
Total assets 14,630  
Liabilities and Equity    
Accounts payable 622  
Accrued liabilities 586  
Current portion of debt 356  
Other current liabilities 126  
Total current liabilities 1,911  
Long-term debt 6,042  
Deferred income tax liabilities 1,226  
Other liabilities 273  
Total liabilities 9,452  
Equity    
Total stockholders' equity 5,066  
Noncontrolling interests in equity of subsidiaries 112  
Total liabilities and equity 14,630  
QVC Group Common Stock | Common Class A    
Equity    
Common stock value 5 5
QVC Group Common Stock | Common Class B    
Equity    
Common stock value
Liberty Ventures common stock    
Assets, Current    
Cash and cash equivalents 116 2,023
Trade and other receivables, net 52  
Inventory, net 45  
Other current assets 14  
Total current assets 227  
Investments in available-for-sale securities and other cost investments 1,766 1,349
Investments in affiliates, accounted for using the equity method 1,300 1,433
Investments in and Advances to Affiliates, at Fair Value 2,561  
Property and equipment, net 36  
Intangible assets not subject to amortization:    
Indefinite Lived Intangible Assets Total 128  
Intangible assets subject to amortization, net 39  
Other assets, at cost, net of accumulated amortization 7  
Total assets 6,064  
Liabilities and Equity    
Accounts payable 19  
Accrued liabilities 48  
Current portion of debt 1,431  
Other current liabilities 27  
Total current liabilities 1,304  
Long-term debt 398  
Deferred income tax liabilities 2,531  
Other liabilities 15  
Total liabilities 4,248  
Equity    
Total stockholders' equity 1,826  
Noncontrolling interests in equity of subsidiaries (10)  
Total liabilities and equity 6,064  
Liberty Ventures common stock | Common Class A    
Equity    
Common stock value 1 1
Liberty Ventures common stock | Common Class B    
Equity    
Common stock value