Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.4.0.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Assets, Current    
Cash and cash equivalents $ 2,743 $ 2,449
Trade and other receivables, net 1,094 1,443
Inventory, net 1,084 1,000
Short term marketable securities 601 910
Other current assets 87 73
Total current assets 5,609 5,875
Investments in available-for-sale securities and other cost investments 1,482 1,353
Investments in affiliates, accounted for using the equity method 1,651 1,641
Property and equipment, at cost 2,236 2,124
Accumulated depreciation (1,035) (984)
Property and equipment, net 1,201 1,140
Intangible assets not subject to amortization:    
Goodwill 6,198 6,112
Trademarks 3,322 3,373
Indefinite Lived Intangible Assets Total 9,520 9,485
Intangible assets subject to amortization, net 1,457 1,647
Other assets, at cost, net of accumulated amortization 38 39
Total assets 20,958 21,180
Liabilities and Equity    
Accounts payable 667 762
Accrued liabilities 623 784
Current portion of debt 2,605 1,226
Other current liabilities 295 328
Total current liabilities 4,190 3,100
Long-term debt 6,271 7,481
Deferred income tax liabilities 3,454 3,502
Other liabilities 295 222
Total liabilities $ 14,210 $ 14,305
Equity    
Preferred stock, $.01 par value. Authorized 50,000,000 shares; no shares issued
Additional paid-in capital $ 160 $ 370
Accumulated other comprehensive earnings, net of taxes (189) (215)
Retained earnings 6,689 6,626
Total stockholders' equity 6,666 6,787
Noncontrolling interests in equity of subsidiaries 82 88
Total equity $ 6,748 $ 6,875
Commitments and contingencies
Total liabilities and equity $ 20,958 $ 21,180
QVC Group Common Stock    
Assets, Current    
Cash and cash equivalents 440 426
Trade and other receivables, net 1,040  
Inventory, net 1,032  
Other current assets 79  
Total current assets 2,591  
Investments in available-for-sale securities and other cost investments 4 4
Investments in affiliates, accounted for using the equity method 223 208
Property and equipment, net 1,164  
Intangible assets not subject to amortization:    
Indefinite Lived Intangible Assets Total 9,391  
Intangible assets subject to amortization, net 1,419  
Other assets, at cost, net of accumulated amortization 33  
Total assets 14,825  
Liabilities and Equity    
Accounts payable 642  
Accrued liabilities 576  
Current portion of debt 358  
Other current liabilities 184  
Total current liabilities 1,805  
Long-term debt 6,257  
Deferred income tax liabilities 1,290  
Other liabilities 283  
Total liabilities 9,635  
Equity    
Total stockholders' equity 5,098  
Noncontrolling interests in equity of subsidiaries 92  
Total liabilities and equity 14,825  
QVC Group Common Stock | Common Class A    
Equity    
Common stock value $ 5 $ 5
QVC Group Common Stock | Common Class B    
Equity    
Common stock value
Liberty Ventures common stock    
Assets, Current    
Cash and cash equivalents $ 2,303 $ 2,023
Trade and other receivables, net 54  
Inventory, net 52  
Short term marketable securities 601  
Other current assets 8  
Total current assets 3,018  
Investments in available-for-sale securities and other cost investments 1,478 1,349
Investments in affiliates, accounted for using the equity method 1,428 1,433
Property and equipment, net 37  
Intangible assets not subject to amortization:    
Indefinite Lived Intangible Assets Total 129  
Intangible assets subject to amortization, net 38  
Other assets, at cost, net of accumulated amortization 5  
Total assets 6,133  
Liabilities and Equity    
Accounts payable 25  
Accrued liabilities 47  
Current portion of debt 2,247  
Other current liabilities 111  
Total current liabilities 2,385  
Long-term debt 14  
Deferred income tax liabilities 2,164  
Other liabilities 12  
Total liabilities 4,575  
Equity    
Total stockholders' equity 1,568  
Noncontrolling interests in equity of subsidiaries (10)  
Total liabilities and equity 6,133  
Liberty Ventures common stock | Common Class A    
Equity    
Common stock value $ 1 $ 1
Liberty Ventures common stock | Common Class B    
Equity    
Common stock value