Three months ended  June 30,

2017

2016

Adjusted

Adjusted

Revenue

OIBDA

Revenue

OIBDA

amounts in millions

QVC Group

QVC

$

1,979

468

2,063

463

zulily

366

31

Corporate and other

 —

(6)

 —

(7)

Inter-segment eliminations

 —

 —

(5)

 —

Total QVC Group

2,346

488

2,424

487

Ventures Group

Corporate and other

 6

(7)

139

 8

Total Ventures Group

 6

(7)

139

 8

Consolidated Liberty

$

2,352

481

2,563

495

Six months ended June 30,

2017

2016

Adjusted

Adjusted

Revenue

OIBDA

Revenue

OIBDA

amounts in millions

QVC Group

QVC

$

3,944

902

4,076

878

zulily

726

41

721

54

Corporate and other

 —

(10)

 —

(12)

Inter-segment eliminations

(1)

 —

(6)

 —

Total QVC Group

4,669

933

4,791

920

Ventures Group

Corporate and other

10

(15)

282

12

Total Ventures Group

10

(15)

282

12

Consolidated Liberty

$

4,679

918

5,073

932

Three months ended 

Six months ended

June 30,

June 30,

2017

2016

2017

2016

amounts in millions

Consolidated segment Adjusted OIBDA

$

481

495

918

932

Stock-based compensation

(21)

(24)

(37)

(55)

Depreciation and amortization

(206)

(221)

(414)

(438)

Operating income (loss)

254

250

467

439

Interest expense

(89)

(92)

(179)

(185)

Share of earnings (loss) of affiliates, net

(9)

(2)

(36)

 1

Realized and unrealized gains (losses) on financial instruments, net

116

343

817

336

Other, net

(7)

100

(6)

138

Earnings (loss) before income taxes

$

265

599

1,063

729