Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.5.0.2
Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes In The Carrying Amount Of Goodwill

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate and

 

 

 

 

    

QVC

 

zulily

    

Other

    

Total

 

 

 

amounts in millions

 

Balance at January 1, 2016

 

$
5,149

 
860

 
103

 
6,112

 

Acquisition  (1)

 

 

 —

 
57

 

 —

 
57

 

Foreign currency translation adjustments

 

 
32

 

 —

 

 —

 
32

 

Other

 

 

 —

 

 —

 
1

 
1

 

Balance at June 30, 2016

 

$
5,181

 
917

 
104

 
6,202

 

 

(1)

As discussed in note 2, subsequent to December 31, 2015, the preliminary purchase price allocation for the zulily acquisition was adjusted, resulting in a $57 million increase to goodwill.

Amortization Expense For The Next Five Fiscal Years

Based on its amortizable intangible assets as of June 30, 2016, Liberty expects that amortization expense will be as follows for the next five years (amounts in millions):

 

 

 

 

 

 

Remainder of 2016

    

$
340

 

2017

 

$
513

 

2018

 

$
238

 

2019

 

$
99

 

2020

 

$
60