Information About Liberty's Operating Segments (Tables)
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12 Months Ended |
Dec. 31, 2017 |
Information About Liberty's Operating Segments |
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Performance Measures By Segment |
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Years ended December 31,
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2017
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2016
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2015
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Adjusted
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Adjusted
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Adjusted
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Revenue
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OIBDA
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Revenue
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OIBDA
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Revenue
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OIBDA
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amounts in millions
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QVC Group
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QVC
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$
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8,771
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1,897
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8,682
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1,840
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8,743
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1,894
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HSN
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—
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—
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NA
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NA
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NA
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NA
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zulily
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1,613
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91
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1,547
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112
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426
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21
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Corporate and other
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—
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(35)
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—
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(16)
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—
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(28)
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Inter-segment eliminations
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(3)
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—
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(10)
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—
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—
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—
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Total QVC Group
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10,381
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1,953
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10,219
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1,936
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9,169
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1,887
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Ventures Group
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Corporate and other
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23
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(27)
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428
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3
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820
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59
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Total Ventures Group
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23
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(27)
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428
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3
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820
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59
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Consolidated Liberty
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$
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10,404
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1,926
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10,647
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1,939
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9,989
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1,946
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Other Information By Segment |
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December 31, 2017
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December 31, 2016
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Investments
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Investment
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Investments
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Investment
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Total
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in
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in Liberty
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Capital
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Total
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in
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in Liberty
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Capital
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assets
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affiliates
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Broadband
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expenditures
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assets
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affiliates
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Broadband
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expenditures
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amounts in millions
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QVC Group
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QVC
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$
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11,550
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40
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—
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152
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11,545
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40
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—
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179
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HSN
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2,798
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—
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—
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—
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NA
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NA
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NA
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NA
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zulily
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2,323
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—
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—
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49
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2,461
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—
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—
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27
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Corporate and other
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566
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—
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—
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—
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351
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184
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—
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—
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Total QVC Group
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17,237
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40
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—
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201
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14,357
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224
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—
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206
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Ventures Group
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Corporate and other
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6,885
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269
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3,635
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3
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5,998
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357
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3,161
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27
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Total Ventures Group
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6,885
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269
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3,635
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3
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5,998
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357
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3,161
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27
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Inter-group eliminations
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—
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—
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—
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—
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—
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—
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Consolidated Liberty
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$
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24,122
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309
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3,635
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204
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20,355
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581
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3,161
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233
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Reconciliation Of Segment Adjusted OIBDA To Earnings (Loss) From Continuing Operations Before Income Taxes |
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Years ended December 31,
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2017
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2016
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2015
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amounts in millions
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Consolidated segment Adjusted OIBDA
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$
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1,926
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1,939
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1,946
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Stock-based compensation
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(123)
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(97)
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(127)
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Depreciation and amortization
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(725)
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(874)
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(703)
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Acquisition and restructuring related costs
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(35)
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—
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—
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Operating income
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1,043
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968
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1,116
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Interest expense
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(355)
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(363)
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(360)
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Share of earnings (loss) of affiliates, net
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(200)
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(68)
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(178)
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Realized and unrealized gains (losses) on financial instruments, net
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618
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1,175
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114
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Gains (losses) on transactions, net
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410
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9
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110
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Other, net
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7
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131
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14
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Earnings (loss) from continuing operations before income taxes
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$
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1,523
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1,852
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816
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Schedule of Revenue by geographic area |
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Years ended December 31,
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2017
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2016
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2015
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amounts in millions
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United States
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$
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7,684
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7,979
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7,412
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Japan
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934
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900
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811
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Germany
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899
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866
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850
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Other foreign countries
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887
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902
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916
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$
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10,404
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10,647
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9,989
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Schedule of Long-lived Assets by Geographic Area |
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December 31,
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2017
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2016
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amounts in millions
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United States
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$
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895
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694
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Japan
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143
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145
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Germany
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164
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154
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Other foreign countries
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139
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138
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$
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1,341
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1,131
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