Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.5.0.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Assets, Current    
Cash and cash equivalents $ 505 $ 2,449
Trade and other receivables, net 848 1,443
Inventory, net 1,189 1,000
Short term marketable securities   910
Other current assets 154 73
Total current assets 2,696 5,875
Investments in available-for-sale securities and other cost investments 1,819 1,353
Investments in affiliates, accounted for using the equity method 1,545 1,641
Investments in and Advances to Affiliates, at Fair Value 3,051  
Property and equipment, at cost 2,309 2,124
Accumulated depreciation (1,098) (984)
Property and equipment, net 1,211 1,140
Intangible assets not subject to amortization:    
Goodwill 6,184 6,112
Trademarks 3,322 3,373
Indefinite Lived Intangible Assets Total 9,506 9,485
Intangible assets subject to amortization, net 1,147 1,647
Other assets, at cost, net of accumulated amortization 57 39
Total assets 21,032 21,180
Liabilities and Equity    
Accounts payable 732 762
Accrued liabilities 616 784
Current portion of debt 900 1,226
Other current liabilities 167 328
Total current liabilities 2,415 3,100
Long-term debt 7,255 7,481
Deferred income tax liabilities 3,878 3,502
Other liabilities 182 222
Total liabilities 13,730 14,305
Equity    
Preferred stock, $.01 par value. Authorized 50,000,000 shares; no shares issued
Additional paid-in capital   370
Accumulated other comprehensive earnings, net of taxes (198) (215)
Retained earnings 7,381 6,626
Total stockholders' equity 7,189 6,787
Noncontrolling interests in equity of subsidiaries 113 88
Total equity 7,302 6,875
Commitments and contingencies
Total liabilities and equity 21,032 21,180
QVC Group Common Stock    
Assets, Current    
Cash and cash equivalents 348 426
Trade and other receivables, net 809  
Inventory, net 1,148  
Other current assets 149  
Total current assets 2,454  
Investments in available-for-sale securities and other cost investments 4 4
Investments in affiliates, accounted for using the equity method 226 208
Property and equipment, net 1,185  
Intangible assets not subject to amortization:    
Indefinite Lived Intangible Assets Total 9,399  
Intangible assets subject to amortization, net 1,120  
Other assets, at cost, net of accumulated amortization 54  
Total assets 14,442  
Liabilities and Equity    
Accounts payable 724  
Accrued liabilities 579  
Current portion of debt 13  
Other current liabilities 157  
Total current liabilities 1,600  
Long-term debt 6,439  
Deferred income tax liabilities 1,145  
Other liabilities 180  
Total liabilities 9,364  
Equity    
Total stockholders' equity 4,956  
Noncontrolling interests in equity of subsidiaries 122  
Total liabilities and equity 14,442  
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 157 2,023
Trade and other receivables, net 39  
Inventory, net 41  
Other current assets 5  
Total current assets 242  
Investments in available-for-sale securities and other cost investments 1,815 1,349
Investments in affiliates, accounted for using the equity method 1,319 1,433
Investments in and Advances to Affiliates, at Fair Value 3,051  
Property and equipment, net 26  
Intangible assets not subject to amortization:    
Indefinite Lived Intangible Assets Total 107  
Intangible assets subject to amortization, net 27  
Other assets, at cost, net of accumulated amortization 3  
Total assets 6,590  
Liabilities and Equity    
Accounts payable 8  
Accrued liabilities 37  
Current portion of debt 887  
Other current liabilities 10  
Total current liabilities 815  
Long-term debt 816  
Deferred income tax liabilities 2,733  
Other liabilities 2  
Total liabilities 4,366  
Equity    
Total stockholders' equity 2,233  
Noncontrolling interests in equity of subsidiaries (9)  
Total liabilities and equity 6,590  
Liberty Ventures common stock | Common Class A    
Equity    
Common stock value 1 1
Liberty Ventures common stock | Common Class B    
Equity    
Common stock value