Qurate Retail, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Other Comprehensive Earnings (Loss)

Other Comprehensive Earnings (Loss)

12 Months Ended

Dec. 31, 2017

Other Comprehensive Earnings (Loss) [Abstract]

(17) Other Comprehensive Earnings (Loss)

Accumulated other comprehensive earnings (loss) included in Liberty's consolidated balance sheets and consolidated statements of equity reflect the aggregate of foreign currency translation adjustments, unrealized holding gains and losses on AFS securities and Liberty's share of accumulated other comprehensive earnings of affiliates.

The change in the components of accumulated other comprehensive earnings (loss), net of taxes ("AOCI"), is summarized as follows:


	Foreign		Share of
	currency		AOCI
	translation		of equity
	adjustments		affiliates	AOCI
	amounts in millions
Balance at January 1, 2015	$	(75)	(19)	(94)
Other comprehensive earnings (loss) attributable to Liberty Interactive Corporation stockholders		(100)	(21)	(121)
Balance at December 31, 2015		(175)	(40)	(215)
Other comprehensive earnings (loss) attributable to Liberty Interactive Corporation stockholders		(85)	(1)	(86)
Distribution of Liberty Expedia Holdings		—	35	35
Balance at December 31, 2016	$	(260)	(6)	(266)
Other comprehensive earnings (loss) attributable to Liberty Interactive Corporation stockholders		130	3	133
Balance at December 31, 2017	$	(130)	(3)	(133)

The components of other comprehensive earnings (loss) are reflected in Liberty's consolidated statements of comprehensive earnings (loss) net of taxes. The following table summarizes the tax effects related to each component of other comprehensive earnings (loss).


			Tax
	Before-tax		(expense)	Net-of-tax
	amount		benefit	amount
	amounts in millions
Year ended December 31, 2017:
Foreign currency translation adjustments	$	155	(21)	134
Share of other comprehensive earnings (loss) of equity affiliates		5	(2)	3
Other comprehensive earnings (loss)	$	160	(23)	137
Year ended December 31, 2016:
Foreign currency translation adjustments	$	(97)	13	(84)
Share of other comprehensive earnings (loss) of equity affiliates		(8)	3	(5)
Other comprehensive earnings (loss) from discontinued operations		(3)	1	(2)
Other		10	(4)	6
Other comprehensive earnings (loss)	$	(98)	13	(85)
Year ended December 31, 2015:
Foreign currency translation adjustments	$	(118)	17	(101)
Share of other comprehensive earnings (loss) of equity affiliates		(6)	2	(4)
Other comprehensive earnings (loss) from discontinued operations		(27)	10	(17)
Other comprehensive earnings (loss)	$	(151)	29	(122)