Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.7.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Assets, Current    
Cash and cash equivalents $ 905 $ 825
Trade and other receivables, net 891 1,308
Inventory, net 1,096 968
Other current assets 86 68
Total current assets 2,978 3,169
Investments in available-for-sale securities and other cost investments 2,347 1,922
Investments in affiliates, accounted for using the equity method 646 581
Investments in and Advances to Affiliates, at Fair Value 3,703 3,161
Property and equipment, net 1,116 1,131
Intangible assets not subject to amortization:    
Goodwill 6,103 6,052
Indefinite-Lived Trademarks 3,302 3,302
Indefinite Lived Intangible Assets Total 9,405 9,354
Intangible assets subject to amortization, net 747 1,005
Other assets 31 32
Total assets 20,973 20,355
Liabilities and Equity    
Accounts payable 714 790
Accrued liabilities 603 706
Current portion of debt 961 876
Other current liabilities 192 162
Total current liabilities 2,470 2,534
Long-term debt 6,935 7,166
Deferred Tax Liabilities, Net, Noncurrent 3,920 3,636
Other liabilities 149 158
Total liabilities 13,474 13,494
Equity    
Preferred stock, $.01 par value. Authorized 50,000,000 shares; no shares issued
Additional paid-in capital 11  
Accumulated other comprehensive earnings, net of taxes (185) (266)
Retained earnings 7,574 7,032
Total stockholders' equity 7,406 6,772
Noncontrolling interests in equity of subsidiaries 93 89
Total equity 7,499 6,861
Commitments and contingencies
Total liabilities and equity 20,973 20,355
QVC Group Common Stock    
Assets, Current    
Cash and cash equivalents 420 338
Trade and other receivables, net 854  
Inventory, net 1,096  
Other current assets 85  
Total current assets 2,455  
Investments in available-for-sale securities and other cost investments 3 4
Investments in affiliates, accounted for using the equity method 231 224
Property and equipment, net 1,115  
Intangible assets not subject to amortization:    
Indefinite Lived Intangible Assets Total 9,376  
Intangible assets subject to amortization, net 743  
Other assets 30  
Total assets 13,953  
Liabilities and Equity    
Accounts payable 714  
Accrued liabilities 577  
Current portion of debt 16  
Other current liabilities 189  
Total current liabilities 1,562  
Long-term debt 6,081  
Deferred Tax Liabilities, Net, Noncurrent 1,058  
Other liabilities 145  
Total liabilities 8,846  
Equity    
Total stockholders' equity 5,005  
Noncontrolling interests in equity of subsidiaries 102  
Total liabilities and equity 13,953  
QVC Group Common Stock | Common Class A    
Equity    
Common stock value 5 5
QVC Group Common Stock | Common Class B    
Equity    
Common stock value
Liberty Ventures common stock    
Assets, Current    
Cash and cash equivalents 485 487
Trade and other receivables, net 37  
Other current assets 1  
Total current assets 523  
Investments in available-for-sale securities and other cost investments 2,344 1,918
Investments in affiliates, accounted for using the equity method 415 357
Investments in and Advances to Affiliates, at Fair Value 3,703  
Property and equipment, net 1  
Intangible assets not subject to amortization:    
Indefinite Lived Intangible Assets Total 29  
Intangible assets subject to amortization, net 4  
Other assets 1  
Total assets 7,020  
Liabilities and Equity    
Accrued liabilities 26  
Current portion of debt 945  
Other current liabilities 3  
Total current liabilities 908  
Long-term debt 854  
Deferred Tax Liabilities, Net, Noncurrent 2,862  
Other liabilities 4  
Total liabilities 4,628  
Equity    
Total stockholders' equity 2,401  
Noncontrolling interests in equity of subsidiaries (9)  
Total liabilities and equity 7,020  
Liberty Ventures common stock | Common Class A    
Equity    
Common stock value 1 1
Liberty Ventures common stock | Common Class B    
Equity    
Common stock value