QVC U.S.

QVC International

zulily

HSN

Corporate and Other

Total

amounts in millions

Balance at January 1, 2017

$

4,305

805

917

 —

25

6,052

Acquisition (1)

 —

 —

 —

933

17

950

Foreign currency translation adjustments

 —

80

 —

 —

 —

80

Balance at December 31, 2017

4,305

885

917

933

42

7,082

Foreign currency translation adjustments

 —

(25)

 —

 —

 —

(25)

Disposition (2)

 —

 —

 —

 —

(26)

(26)

Other (3)

 —

 —

 —

(10)

(4)

(14)

Balance at December 31, 2018

$

4,305

860

917

923

12

7,017

(1)

As discussed in note 4, on December 29, 2017, the Company acquired the approximately 62% of HSN it did not already own in an all-stock transaction making HSN a wholly-owned subsidiary. The acquisition resulted in an increase to goodwill of $950 million.

(2)

As a result of the GCI Liberty Split-Off on March 9, 2018, the Company disposed of its wholly-owned subsidiary Evite, resulting in a $26 million decrease to goodwill.

(3)

As discussed in note 4, the preliminary purchase price allocation for the HSN acquisition was adjusted, resulting in a decrease to goodwill.

2019

$

318

2020

$

240

2021

$

166

2022

$

78

2023

$

76