Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

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Intangible Assets
6 Months Ended
Jun. 30, 2024
Intangible Assets  
Intangible Assets

(5)   Intangible Assets

Goodwill

Changes in the carrying amount of goodwill are as follows:

    

QxH

QVC Int'l

CBI

    

Total

 

amounts in millions

 

Balance at January 1, 2024

$

2,367

785

12

 

3,164

Foreign currency translation adjustments

 

(38)

 

(38)

Balance at June 30, 2024

$

2,367

747

12

 

3,126

Intangible Assets Subject to Amortization

Amortization expense for intangible assets with finite useful lives was $73 million and $78 million for the three months ended June 30, 2024 and 2023, respectively, and $150 million and $152 million for the six months ended June 30, 2024 and 2023, respectively. Based on its amortizable intangible assets as of June 30, 2024, Qurate Retail expects that amortization expense will be as follows for the next five years (amounts in millions):

Remainder of 2024

    

$

144

2025

$

185

2026

$

114

2027

$

14

2028

$