Quarterly report pursuant to Section 13 or 15(d)

Information About Liberty's Operating Segments (Tables)

v3.5.0.2
Information About Liberty's Operating Segments (Tables)
9 Months Ended
Sep. 30, 2016
Information About Liberty's Operating Segments  
Performance Measures By Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended  September 30,

 

 

 

2016

 

2015

 

 

    

 

 

    

Adjusted

    

 

    

Adjusted

 

 

 

Revenue

 

OIBDA

 

Revenue

 

OIBDA

 

 

 

amounts in millions

 

QVC Group

 

 

 

 

 

 

 

 

 

 

QVC

 

$

1,948

 

393

 

2,007

 

430

 

zulily

 

 

359

 

18

 

NA

 

NA

 

Corporate and other

 

 

 —

 

(5)

 

 —

 

(9)

 

Inter-segment eliminations

 

 

(4)

 

 —

 

NA

 

NA

 

Total QVC Group

 

 

2,303

 

406

 

2,007

 

421

 

Ventures Group

 

 

 

 

 

 

 

 

 

 

Corporate and other

 

 

109

 

(4)

 

146

 

13

 

Total Ventures Group

 

 

109

 

(4)

 

146

 

13

 

Consolidated Liberty

 

$

2,412

 

402

 

2,153

 

434

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine months ended September 30,

 

 

 

2016

 

2015

 

 

    

 

 

    

Adjusted

    

 

    

Adjusted

 

 

 

Revenue

 

OIBDA

 

Revenue

 

OIBDA

 

 

 

amounts in millions

 

QVC Group

 

 

 

 

 

 

 

 

 

 

QVC

 

$

6,024

 

1,271

 

5,943

 

1,286

 

zulily

 

 

1,080

 

72

 

NA

 

NA

 

Corporate and other

 

 

 —

 

(17)

 

 —

 

(19)

 

Inter-segment eliminations

 

 

(10)

 

 —

 

NA

 

NA

 

Total QVC Group

 

 

7,094

 

1,326

 

5,943

 

1,267

 

Ventures Group

 

 

 

 

 

 

 

 

 

 

Corporate and other

 

 

391

 

8

 

676

 

45

 

Total Ventures Group

 

 

391

 

8

 

676

 

45

 

Consolidated Liberty

 

$

7,485

 

1,334

 

6,619

 

1,312

 

 

Other Information By Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2016

 

 

 

Total assets

 

Investments In affiliates

 

Investment in Liberty Broadband

 

Capital expenditures

 

 

 

amounts in millions

 

QVC Group

 

 

 

 

 

 

 

 

 

 

QVC

 

$

11,538

 

42

 

 —

 

140

 

zulily

 

 

2,515

 

 —

 

 —

 

18

 

Corporate and other

 

 

389

 

184

 

 —

 

 —

 

Total QVC Group

 

 

14,442

 

226

 

 —

 

158

 

Ventures Group

 

 

 

 

 

 

 

 

 

 

Corporate and other

 

 

6,590

 

1,319

 

3,051

 

19

 

Total Ventures Group

 

 

6,590

 

1,319

 

3,051

 

19

 

Consolidated Liberty

 

$

21,032

 

1,545

 

3,051

 

177

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended 

 

Nine months ended

 

 

 

September 30,

 

September 30,

 

 

    

2016

    

2015

    

2016

    

2015

 

 

 

amounts in millions

 

Consolidated segment Adjusted OIBDA

 

$

402

 

434

 

1,334

 

1,312

 

Stock-based compensation

 

 

(20)

 

(37)

 

(75)

 

(81)

 

Depreciation and amortization

 

 

(225)

 

(150)

 

(663)

 

(479)

 

Interest expense

 

 

(92)

 

(88)

 

(277)

 

(273)

 

Share of earnings (loss) of affiliates, net

 

 

18

 

31

 

(3)

 

121

 

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

 

 

606

 

70

 

942

 

98

 

Gains (losses) on dispositions, net

 

 

 —

 

(1)

 

9

 

110

 

Other, net

 

 

(8)

 

25

 

118

 

11

 

Earnings (loss) before income taxes

 

$

681

 

284

 

1,385

 

819