Qurate Retail, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Investments In Affiliates Accounted For Using The Equity Method

Investments In Affiliates Accounted For Using The Equity Method

3 Months Ended

Mar. 31, 2016

Investments In Affiliates Accounted For Using The Equity Method

Investments In Affiliates Accounted For Using The Equity Method

(8) Investments in Affiliates Accounted for Using the Equity Method

Liberty has various investments accounted for using the equity method. The following table includes Liberty's carrying amount, fair value, and percentage ownership of the more significant investments in affiliates at March 31, 2016 and the carrying amount at December 31, 2015:


							December 31,
	March 31, 2016						2015
	Percentage		Fair value		Carrying		Carrying
	ownership		(Level 1)		amount		amount
			dollar amounts in millions
QVC Group
HSN, Inc.	38	%	$	1,047	$	180	165
Other	various			NA		43	43
Total QVC Group						223	208
Ventures Group
Expedia, Inc.	16	%	$	2,545		894	927
FTD Companies, Inc.	37	%		268		261	267
Other	various			NA		273	239
Total Ventures Group						1,428	1,433
Consolidated Liberty					$	1,651	1,641

The following table presents Liberty's share of earnings (losses) of affiliates:


	Three months ended March 31,
	2016		2015
	amounts in millions
QVC Group
HSN, Inc.	$	22	25
Other		(1)	(1)
Total QVC Group		21	24
Ventures Group
Expedia, Inc.		(24)	4
FTD Companies, Inc.		(3)	(2)
Other		(15)	(23)
Total Ventures Group		(42)	(21)
Consolidated Liberty	$	(21)	3