Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

v2.3.0.15
Intangible Assets
 9 Months Ended
Sep. 30, 2011
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
Intangible Assets
Goodwill
Changes in the carrying amount of goodwill are as follows:
 
QVC
 
 
E-commerce
 
Total
 
amounts in millions
Balance at January 1, 2011
$
5,363

 
 
620

 
5,983

Foreign currency translation adjustments
3

 
 
—

 
3

Other
—

 
 
1

 
1

Balance at September 30, 2011
$
5,366

 
 
621

 
5,987


Intangible Assets Subject to Amortization
Amortization expense for intangible assets with finite useful lives was $333 million and $316 million for the nine month periods ended September 30, 2011 and 2010, respectively. Based on its amortizable intangible assets as of September 30, 2011, Liberty expects that amortization expense will be as follows for the next five years (amounts in millions):
Remainder of 2011
$
117

2012
$
459

2013
$
430

2014
$
391

2015
$
348