Annual report pursuant to Section 13 and 15(d)

Condensed Consolidated Balance Sheets

v3.6.0.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Assets, Current    
Cash and cash equivalents $ 825 $ 2,449
Trade and other receivables, net 1,308 1,443
Inventory, net 968 1,000
Short term marketable securities   910
Other current assets 68 73
Total current assets 3,169 5,875
Investments in available-for-sale securities and other cost investments 1,922 1,353
Investments in affiliates, accounted for using the equity method 581 714
Investments in and Advances to Affiliates, at Fair Value 3,161  
Property and equipment, at cost 2,163 2,124
Accumulated depreciation (1,032) (984)
Property and equipment, net 1,131 1,140
Intangible assets not subject to amortization:    
Goodwill 6,052 6,112
Indefinite-Lived Trademarks 3,302 3,373
Indefinite Lived Intangible Assets Total 9,354 9,485
Intangible assets subject to amortization, net 1,005 1,647
Other assets, at cost, net of accumulated amortization 32 39
Disposal Group, Including Discontinued Operation, Assets, Noncurrent   927
Total assets 20,355 21,180
Liabilities and Equity    
Accounts payable 790 762
Accrued liabilities 706 784
Current portion of debt 876 1,226
Other current liabilities 162 328
Total current liabilities 2,534 3,100
Long-term debt 7,166 7,481
Deferred Tax Liabilities, Net, Noncurrent 3,636 3,217
Other liabilities 158 222
Disposal Group, Including Discontinued Operation, Liabilities   285
Total liabilities 13,494 14,305
Equity    
Additional paid-in capital   370
Accumulated other comprehensive earnings, net of taxes (266) (215)
Retained earnings 7,032 6,626
Total stockholders' equity 6,772 6,787
Noncontrolling interests in equity of subsidiaries 89 88
Total equity 6,861 6,875
Total liabilities and equity 20,355 21,180
QVC Group Common Stock    
Assets, Current    
Cash and cash equivalents 338 426
Trade and other receivables, net 1,270 1,379
Inventory, net 968 945
Short term marketable securities   12
Other current assets 66 65
Total current assets 2,642 2,827
Investments in available-for-sale securities and other cost investments 4 4
Investments in affiliates, accounted for using the equity method 224 208
Property and equipment, net 1,131 1,104
Intangible assets not subject to amortization:    
Indefinite Lived Intangible Assets Total 9,325 9,358
Intangible assets subject to amortization, net 1,001 1,607
Other assets, at cost, net of accumulated amortization 30 33
Total assets 14,357 15,141
Liabilities and Equity    
Accounts payable 789 736
Accrued liabilities 684 745
Current portion of debt 14 358
Other current liabilities 160 219
Total current liabilities 1,760 2,103
Long-term debt 6,361 6,177
Deferred Tax Liabilities, Net, Noncurrent 1,116 1,359
Other liabilities 161 209
Total liabilities 9,398 9,848
Equity    
Total stockholders' equity 4,860 5,195
Noncontrolling interests in equity of subsidiaries 99 98
Total liabilities and equity 14,357 15,141
QVC Group Common Stock | Common Class A    
Equity    
Common stock value 5 5
Total equity 5 5
Liberty Ventures common stock    
Assets, Current    
Cash and cash equivalents 487 2,023
Trade and other receivables, net 38 64
Inventory, net   55
Short term marketable securities   898
Other current assets 2 8
Total current assets 527 3,048
Investments in available-for-sale securities and other cost investments 1,918 1,349
Investments in affiliates, accounted for using the equity method 357 506
Investments in and Advances to Affiliates, at Fair Value 3,161  
Property and equipment, net   36
Intangible assets not subject to amortization:    
Indefinite Lived Intangible Assets Total 29 127
Intangible assets subject to amortization, net 4 40
Other assets, at cost, net of accumulated amortization 2 6
Disposal Group, Including Discontinued Operation, Assets, Noncurrent   927
Total assets 5,998 6,039
Liabilities and Equity    
Accounts payable 1 26
Accrued liabilities 22 39
Current portion of debt 862 868
Other current liabilities 2 109
Total current liabilities 774 997
Long-term debt 805 1,304
Deferred Tax Liabilities, Net, Noncurrent 2,520 1,858
Other liabilities (3) 13
Disposal Group, Including Discontinued Operation, Liabilities   285
Total liabilities 4,096 4,457
Equity    
Total stockholders' equity 1,912 1,592
Noncontrolling interests in equity of subsidiaries (10) (10)
Total liabilities and equity 5,998 6,039
Liberty Ventures common stock | Common Class A    
Equity    
Common stock value 1 1
Total equity $ 1 $ 1