Registration of securities issued in business combination transactions

Consolidated Balance Sheets

v2.4.0.8
Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Jun. 30, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Current assets:            
Cash and cash equivalents $ 548 $ 457 $ 416 $ 540 $ 560 $ 621
Restricted cash 14 14   15    
Accounts receivable, less allowance for doubtful accounts of $85 million at June 30, 2014 and $83 million at December 31, 2013 756 1,111   1,055    
Inventories 989 931   909    
Deferred income taxes 165 162   151    
Prepaid expenses 57 47   53    
Total current assets 2,529 2,722   2,723    
Noncurrent assets:            
Property and equipment, net of accumulated depreciation of $989 million at June 30, 2014 and $919 million at December 31, 2013 1,076 1,106   1,131    
Cable and satellite television distribution rights, net 540 624   764    
Goodwill 5,210 5,197   5,234 5,239  
Other intangible assets, net 3,243 3,336   3,509    
Other noncurrent assets 69 71   77    
Total assets 12,667 13,056   13,438    
Current liabilities:            
Current portion of debt and capital lease obligations 11 13   12    
Accounts payable-trade 470 425   566    
Accrued liabilities 743 1,029   955    
Total current liabilities 1,224 1,467   1,533    
Noncurrent liabilities:            
Long-term portion of debt and capital lease obligations 3,937 3,800   3,465    
Deferred compensation 14 14   12    
Deferred income taxes 1,223 1,326   1,410    
Other long-term liabilities 157 108   184    
Total liabilities 6,555 6,715   6,604    
QVC, Inc. shareholder's equity:            
Common stock, $0.01 par value 0 0   0    
Additional paid-in capital 6,724 6,703   6,665    
Accumulated deficit (882) (620)   (161)    
Accumulated other comprehensive income 154 139 98 186 194 209
Total QVC, Inc. stockholder's equity 5,996 6,222   6,690    
Noncontrolling interest 116 119   144    
Total equity 6,112 6,341   6,834 8,019 7,654
Total liabilities and equity $ 12,667 $ 13,056   $ 13,438