QVC

zulily

HSN

Corporate and Other

Total

amounts in millions

Balance at January 1, 2016

$

5,149

860

 —

103

6,112

Acquisition (1)

 —

57

 —

 —

57

Disposition (2)

 —

 —

 —

(78)

(78)

Foreign currency translation adjustments

(39)

 —

 —

 —

(39)

Balance at December 31, 2016

5,110

917

 —

25

6,052

Acquisition (3)

 —

 —

933

17

950

Foreign currency translation adjustments

80

 —

 —

 —

80

Balance at December 31, 2017

$

5,190

917

933

42

7,082

(1)

Subsequent to December 31, 2015, the preliminary purchase price allocation for the zulily acquisition was adjusted, resulting in a $57 million increase to goodwill.

(2)

As discussed in note 6, Liberty completed the CommerceHub Spin-Off on July 22, 2016, resulting in a $21 million decrease to goodwill. In addition, as discussed in note 6, Liberty completed the Expedia Holdings Split-Off on November 4, 2016, resulting in a $57 million decrease to goodwill related to Bodybuilding.

(3)

As discussed in note 5, on December 29, 2017,  the Company acquired the approximately 62% of HSNi it did not already own in an all-stock transaction making HSNi a wholly-owned subsidiary, attributed to the QVC Group tracking stock group. The acquisition resulted in an increase to goodwill of $950 million.

2018

$

401

2019

$

236

2020

$

162

2021

$

129

2022

$

77