Quarterly report pursuant to Section 13 or 15(d)

Information About Liberty's Operating Segments (Tables)

v3.8.0.1
Information About Liberty's Operating Segments (Tables)
9 Months Ended
Sep. 30, 2017
Information About Liberty's Operating Segments  
Performance Measures By Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended  September 30,

 

 

 

2017

 

2016

 

 

    

 

 

    

Adjusted

    

 

    

Adjusted

 

 

 

Revenue

 

OIBDA

 

Revenue

 

OIBDA

 

 

 

amounts in millions

 

QVC Group

 

 

 

 

 

 

 

 

 

 

QVC

 

$

2,010

 

412

 

1,948

 

393

 

zulily

 

 

367

 

12

 

359

 

18

 

Corporate and other

 

 

 —

 

(8)

 

 —

 

(5)

 

Inter-segment eliminations

 

 

(2)

 

 —

 

(4)

 

 —

 

Total QVC Group

 

 

2,375

 

416

 

2,303

 

406

 

Ventures Group

 

 

 

 

 

 

 

 

 

 

Corporate and other

 

 

 6

 

(6)

 

109

 

(4)

 

Total Ventures Group

 

 

 6

 

(6)

 

109

 

(4)

 

Consolidated Liberty

 

$

2,381

 

410

 

2,412

 

402

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine months ended September 30,

 

 

 

2017

 

2016

 

 

    

 

 

    

Adjusted

    

 

    

Adjusted

 

 

 

Revenue

 

OIBDA

 

Revenue

 

OIBDA

 

 

 

amounts in millions

 

QVC Group

 

 

 

 

 

 

 

 

 

 

QVC

 

$

5,954

 

1,314

 

6,024

 

1,271

 

zulily

 

 

1,093

 

53

 

1,080

 

72

 

Corporate and other

 

 

 —

 

(18)

 

 —

 

(17)

 

Inter-segment eliminations

 

 

(3)

 

 —

 

(10)

 

 —

 

Total QVC Group

 

 

7,044

 

1,349

 

7,094

 

1,326

 

Ventures Group

 

 

 

 

 

 

 

 

 

 

Corporate and other

 

 

16

 

(21)

 

391

 

 8

 

Total Ventures Group

 

 

16

 

(21)

 

391

 

 8

 

Consolidated Liberty

 

$

7,060

 

1,328

 

7,485

 

1,334

 

 

Other Information By Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2017

 

 

 

Total assets

 

Investments in affiliates

 

Investment in Liberty Broadband

 

Capital expenditures

 

 

 

amounts in millions

 

QVC Group

 

 

 

 

 

 

 

 

 

 

QVC

 

$

11,263

 

38

 

 —

 

83

 

zulily

 

 

2,374

 

 —

 

 —

 

41

 

Corporate and other

 

 

343

 

198

 

 —

 

 —

 

Total QVC Group

 

 

13,980

 

236

 

 —

 

124

 

Ventures Group

 

 

 

 

 

 

 

 

 

 

Corporate and other

 

 

7,467

 

337

 

4,068

 

 2

 

Total Ventures Group

 

 

7,467

 

337

 

4,068

 

 2

 

Consolidated Liberty

 

$

21,447

 

573

 

4,068

 

126

 

 

Reconciliation Of Segment Adjusted OIBDA To Earnings (Loss) From Continuing Operations Before Income Taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended 

 

Nine months ended

 

 

 

September 30,

 

September 30,

 

 

    

2017

    

2016

    

2017

    

2016

 

 

 

amounts in millions

 

Consolidated segment Adjusted OIBDA

 

$

410

 

402

 

1,328

 

1,334

 

Stock-based compensation

 

 

(22)

 

(20)

 

(59)

 

(75)

 

Depreciation and amortization

 

 

(180)

 

(225)

 

(594)

 

(663)

 

Operating income (loss)

 

 

208

 

157

 

675

 

596

 

Interest expense

 

 

(88)

 

(92)

 

(267)

 

(277)

 

Share of earnings (loss) of affiliates, net

 

 

(86)

 

(22)

 

(122)

 

(21)

 

Realized and unrealized gains (losses) on financial instruments, net

 

 

369

 

606

 

1,186

 

942

 

Other, net

 

 

 7

 

(8)

 

 1

 

130

 

Earnings (loss) before income taxes from continuing operations

 

$

410

 

641

 

1,473

 

1,370