Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.7.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Assets, Current    
Cash and cash equivalents $ 821 $ 825
Trade and other receivables, net 969 1,308
Inventory, net 1,050 968
Other current assets 80 68
Total current assets 2,920 3,169
Investments in available-for-sale securities and other cost investments 2,185 1,922
Investments in affiliates, accounted for using the equity method 567 581
Investments in and Advances to Affiliates, at Fair Value 3,688 3,161
Property and equipment, at cost 2,211 2,163
Accumulated depreciation (1,087) (1,032)
Property and equipment, net 1,124 1,131
Intangible assets not subject to amortization:    
Goodwill 6,075 6,052
Indefinite-Lived Trademarks 3,302 3,302
Indefinite Lived Intangible Assets Total 9,377 9,354
Intangible assets subject to amortization, net 862 1,005
Other assets 35 32
Total assets 20,758 20,355
Liabilities and Equity    
Accounts payable 727 790
Accrued liabilities 601 706
Current portion of debt 917 876
Other current liabilities 180 162
Total current liabilities 2,425 2,534
Long-term debt 7,013 7,166
Deferred Tax Liabilities, Net, Noncurrent 3,911 3,636
Other liabilities 162 158
Total liabilities 13,511 13,494
Equity    
Preferred stock, $.01 par value. Authorized 50,000,000 shares; no shares issued
Accumulated other comprehensive earnings, net of taxes (243) (266)
Retained earnings 7,399 7,032
Total stockholders' equity 7,162 6,772
Noncontrolling interests in equity of subsidiaries 85 89
Total equity 7,247 6,861
Commitments and contingencies
Total liabilities and equity 20,758 20,355
QVC Group Common Stock    
Assets, Current    
Cash and cash equivalents 379 338
Trade and other receivables, net 933  
Inventory, net 1,050  
Other current assets 78  
Total current assets 2,440  
Investments in available-for-sale securities and other cost investments 4 4
Investments in affiliates, accounted for using the equity method 233 224
Property and equipment, net 1,123  
Intangible assets not subject to amortization:    
Indefinite Lived Intangible Assets Total 9,347  
Intangible assets subject to amortization, net 858  
Other assets 35  
Total assets 14,040  
Liabilities and Equity    
Accounts payable 727  
Accrued liabilities 579  
Current portion of debt 15  
Other current liabilities 178  
Total current liabilities 1,671  
Long-term debt 6,169  
Deferred Tax Liabilities, Net, Noncurrent 1,111  
Other liabilities 165  
Total liabilities 9,116  
Equity    
Total stockholders' equity 4,830  
Noncontrolling interests in equity of subsidiaries 94  
Total liabilities and equity 14,040  
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 442 487
Trade and other receivables, net 36  
Other current assets 2  
Total current assets 480  
Investments in available-for-sale securities and other cost investments 2,181 1,918
Investments in affiliates, accounted for using the equity method 334 357
Investments in and Advances to Affiliates, at Fair Value 3,688  
Property and equipment, net 1  
Intangible assets not subject to amortization:    
Indefinite Lived Intangible Assets Total 30  
Intangible assets subject to amortization, net 4  
Total assets 6,718  
Liabilities and Equity    
Accrued liabilities 22  
Current portion of debt 902  
Other current liabilities 2  
Total current liabilities 754  
Long-term debt 844  
Deferred Tax Liabilities, Net, Noncurrent 2,800  
Other liabilities (3)  
Total liabilities 4,395  
Equity    
Total stockholders' equity 2,332  
Noncontrolling interests in equity of subsidiaries (9)  
Total liabilities and equity 6,718  
Liberty Ventures common stock | Common Class A    
Equity    
Common stock value 1 1
Liberty Ventures common stock | Common Class B    
Equity    
Common stock value