Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

v3.19.1
Intangible Assets
3 Months Ended
Mar. 31, 2019
Intangible Assets  
Intangible Assets

(6)   Intangible Assets

Goodwill

Changes in the carrying amount of goodwill are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate and

 

 

 

 

    

QxH

 

QVC Int'l

 

Zulily

    

Other

    

Total

 

 

 

amounts in millions

 

Balance at January 1, 2019

 

$

5,228

 

860

 

917

 

12

 

7,017

 

Foreign currency translation adjustments

 

 

 —

 

(4)

 

 —

 

 —

 

(4)

 

Balance at March 31, 2019

 

$

5,228

 

856

 

917

 

12

 

7,013

 

 

Intangible Assets Subject to Amortization

Amortization expense for intangible assets with finite useful lives was $100 million and $109 million for the three months ended March 31, 2019 and 2018, respectively.  Based on its amortizable intangible assets as of March 31, 2019, Qurate Retail expects that amortization expense will be as follows for the next five years (amounts in millions):

 

 

 

 

 

 

Remainder of 2019

    

$

283

 

2020

 

$

304

 

2021

 

$

181

 

2022

 

$

88

 

2023

 

$

79