Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.8.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Assets, Current    
Cash and cash equivalents $ 1,055 $ 903
Trade and other receivables, net of allowance for doubtful accounts of $95 million and $92 million, respectively 1,273 1,726
Inventory, net 1,510 1,411
Indemnification asset 253  
Other current assets 212 125
Total current assets 4,303 4,165
Investments in equity securities 611 2,363
Investments in affiliates, accounted for using the equity method (note 9) 204 309
Property and equipment, net 1,357 1,341
Intangible assets not subject to amortization:    
Goodwill 7,094 7,082
Trademarks 3,925 3,929
Indefinite Lived Intangible Assets Total 11,019 11,011
Intangible assets subject to amortization, net (note 10) 1,172 1,248
Other assets, at cost, net of accumulated amortization 49 50
Assets of discontinued operations (note 4)   3,635
Total assets 18,715 24,122
Liabilities and Equity    
Accounts payable 992 1,151
Accrued liabilities 968 1,125
Current portion of debt, including $1,832 million and $978 million measured at fair value (note 11) 1,850 996
Other current liabilities 127 169
Total current liabilities 3,937 3,441
Long-term debt, including $0 and $868 million measured at fair value (note 11) 6,388 7,553
Deferred Tax Liabilities, Net, Noncurrent 2,090 2,500
Other liabilities 332 242
Liabilities of discontinued operations (note 4)   303
Total liabilities 12,747 14,039
Equity    
Preferred stock, $.01 par value. Authorized 50,000,000 shares; no shares issued
Additional paid-in capital   1,043
Accumulated other comprehensive earnings (loss), net of taxes 3 (133)
Retained earnings 5,853 9,068
Total stockholders' equity 5,861 9,984
Noncontrolling interests in equity of subsidiaries 107 99
Total equity 5,968 10,083
Commitments and contingencies
Total liabilities and equity 18,715 24,122
QVC Group | Common Class A    
Equity    
Common stock value 5 5
QVC Group | Common Class B    
Equity    
Common stock value
QVC Group | Common Class C    
Equity    
Common stock value
Liberty Ventures common stock | Common Class A    
Equity    
Common stock value   1
Liberty Ventures common stock | Common Class B    
Equity    
Common stock value
Liberty Ventures common stock | Common Class C    
Equity    
Common stock value