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 (Tables)

Investments In Affiliates Accounted For Using The Equity Method (Tables)

6 Months Ended

Jun. 30, 2017

Schedule Of Equity Ownership And Carrying Amount


										December 31,
		June 30, 2017								2016
		Percentage		Fair value			Carrying			Carrying
		ownership		(Level 1)			amount			amount
				dollar amounts in millions
QVC Group
HSN		38	%	$	639		$	193		184
Other		various			NA			38		40
Total QVC Group								231		224
Ventures Group
FTD		37	%		204			213		216
Other		various			NA			202		141
Total Ventures Group								415		357
Consolidated Liberty							$	646		581

Schedule Of Liberty's Share Of Earnings (Losses) Of Affiliates


		Three months ended June 30,					Six months ended June 30,
		2017			2016		2017		2016
		amounts in millions
QVC Group
HSN		$	7		10		23		32
Other			(1)		(1)		(3)		(2)
Total QVC Group			6		9		20		30
Ventures Group
FTD			—		2		(5)		(1)
Other			(15)		(13)		(51)		(28)
Total Ventures Group			(15)		(11)		(56)		(29)
Consolidated Liberty		$	(9)		(2)		(36)		1

Liberty Broadband

Consolidated Balance Sheets


		June 30, 2017			December 31, 2016
		amounts in millions
Current assets		$	253		258
Investment in Charter, accounted for using the equity method			9,336		9,315
Other assets			14		18
Total assets			9,603		9,591
Long-term debt, including current portion			599		599
Deferred income taxes			505		505
Other liabilities			21		14
Equity			8,478		8,473
Total liabilities and shareholders’ equity		$	9,603		9,591

Consolidated Statement Of Operations


	Three months ended					Six months ended
	June 30,					June 30,
	2017			2016		2017		2016
	amounts in millions					amounts in millions
Revenue	$	3		3		6		7
Operating expenses, net		10		14		20		27
Operating income (loss)		(7)		(11)		(14)		(20)
Share of earnings (losses) of affiliates		11		621		30		551
Realized and unrealized gains (losses) on financial instruments, net		1		48		2		93
Gain (loss) on dilution of investment in affiliate		(7)		778		(38)		776
Other income (expense), net		(4)		(1)		(8)		(1)
Income tax benefit (expense)		3		(545)		11		(531)
Net earnings (loss)	$	(3)		890		(17)		868