Annual report pursuant to Section 13 and 15(d)

Information About Liberty's Operating Segments (Tables)

v3.3.1.900
Information About Liberty's Operating Segments (Tables)
12 Months Ended
Dec. 31, 2015
Information About Liberty's Operating Segments  
Performance Measures By Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

 

2015

 

2014

 

2013

 

 

    

 

 

    

Adjusted

    

 

    

Adjusted

    

 

    

Adjusted

 

 

 

Revenue

 

OIBDA

 

Revenue

 

OIBDA

 

Revenue

 

 OIBDA

 

 

 

amounts in millions

 

QVC Group

 

 

 

 

 

 

 

 

 

 

 

 

 

 

QVC

 

$

8,743

 

1,894

 

8,801

 

1,910

 

8,623

 

1,841

 

zulily

 

 

426

 

21

 

NA

 

NA

 

NA

 

NA

 

Corporate and other (1)

 

 

 —

 

(28)

 

1,227

 

29

 

1,596

 

83

 

Total QVC Group

 

 

9,169

 

1,887

 

10,028

 

1,939

 

10,219

 

1,924

 

Ventures Group

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate and other (1)

 

 

820

 

59

 

471

 

26

 

 —

 

(11)

 

Total Ventures Group

 

 

820

 

59

 

471

 

26

 

 —

 

(11)

 

Consolidated Liberty

 

$

9,989

 

1,946

 

10,499

 

1,965

 

10,219

 

1,913

 

 

Other Information By Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2015

 

December 31, 2014

 

 

    

 

 

    

Investments

    

 

    

 

    

Investments

    

 

 

 

 

Total

 

in

 

Capital

 

Total

 

in

 

Capital

 

 

 

assets

 

affiliates

 

expenditures

 

assets

 

affiliates

 

expenditures

 

 

 

amounts in millions

 

QVC Group

 

 

 

 

 

 

 

 

 

 

 

 

 

 

QVC

 

$

12,058

 

43

 

215

 

12,226

 

47

 

183

 

zulily

 

 

2,741

 

 —

 

3

 

NA

 

NA

 

NA

 

Corporate and other

 

 

342

 

165

 

 —

 

544

 

328

 

43

 

Total QVC Group

 

 

15,141

 

208

 

218

 

12,770

 

375

 

226

 

Ventures Group

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate and other

 

 

6,039

 

1,433

 

40

 

5,828

 

1,258

 

15

 

Total Ventures Group

 

 

6,039

 

1,433

 

40

 

5,828

 

1,258

 

15

 

Consolidated Liberty

 

$

21,180

 

1,641

 

258

 

18,598

 

1,633

 

241

 

 

Reconciliation Of Segment Adjusted OIBDA To Earnings (Loss) From Continuing Operations Before Income Taxes

 

 

 

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

    

2015

    

2014

    

2013

 

 

 

amounts in millions

 

Consolidated segment Adjusted OIBDA

 

$

1,946

 

1,965

 

1,913

 

Stock-based compensation

 

 

(127)

 

(108)

 

(118)

 

Depreciation and amortization

 

 

(703)

 

(662)

 

(629)

 

Impairment of intangible assets

 

 

 —

 

(7)

 

(30)

 

Interest expense

 

 

(360)

 

(387)

 

(380)

 

Share of earnings (loss) of affiliates, net

 

 

(60)

 

39

 

33

 

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

 

 

114

 

(57)

 

(22)

 

Gains (losses) on transactions, net

 

 

110

 

74

 

(1)

 

Gains (losses) on dilution of investments in affiliates

 

 

314

 

(2)

 

1

 

Other, net

 

 

19

 

(19)

 

(30)

 

Earnings (loss) from continuing operations before income taxes

 

$

1,253

 

836

 

737

 

 

Schedule of Revenue by geographic area

 

 

 

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

    

2015

    

2014

    

2013

 

 

 

amounts in millions

 

United States

 

$

7,412

 

7,617

 

7,332

 

Japan

 

 

811

 

912

 

1,029

 

Germany

 

 

850

 

1,003

 

971

 

Other foreign countries

 

 

916

 

967

 

887

 

 

 

$

9,989

 

10,499

 

10,219

 

 

Schedule of Long-lived Assets by Geographic Area

 

 

 

 

 

 

 

 

 

December 31,

 

 

    

2015

    

2014

 

 

 

amounts in millions

 

United States

 

$

637

 

529

 

Japan

 

 

156

 

176

 

Germany

 

 

173

 

210

 

Other foreign countries

 

 

174

 

178

 

 

 

$

1,140

 

1,093