Quarterly report pursuant to Section 13 or 15(d)

Goodwill

v3.20.2
Goodwill
 9 Months Ended
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Disclosure Goodwill and Other Intangible Assets, Net
The changes in the carrying amount of goodwill for the nine months ended September 30, 2020 were as follows:
(in millions) QxH QVC-International Total
Balance as of December 31, 2019 $ 5,112  859  5,971 
Exchange rate fluctuations —  25  25 
Balance as of September 30, 2020 $ 5,112  884  5,996 
Other intangible assets consisted of the following:
September 30, 2020 December 31, 2019
(in millions) Gross
cost		 Accumulated
amortization		 Other intangible assets, net Gross
cost		 Accumulated
amortization		 Other intangible assets, net
Purchased and internally developed software $ 942  (675) 267  885  (603) 282 
Affiliate and customer relationships 2,835  (2,542) 293  2,829  (2,499) 330 
Debt origination fees 10  (4) 6  10  (2) 8 
Trademarks (indefinite life) 2,878  —  2,878  2,878  —  2,878 
$ 6,665  (3,221) 3,444  6,602  (3,104) 3,498 
The Company recorded amortization expense of $36 million for each of the three months ended September 30, 2020 and 2019 related to other intangible assets. For the nine months ended September 30, 2020 and 2019, amortization expense for other intangible assets was $111 million and $112 million, respectively.
As of September 30, 2020, the related amortization and interest expense for each of the next five years ended December 31 was as follows (in millions):
Remainder of 2020 $ 41 
2021 154 
2022 125 
2023 89 
2024 63