Qurate Retail, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Discontinued Operations (Tables)

Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2011

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

Certain combined financial information for LMC, which is included in earnings (loss) from discontinued operations, is as follows:



	Years ended December 31,
	2011		2010	2009
	amounts in millions
Revenue	$	2,008	2,050	1,853
Earnings (loss) before income taxes	$	628	594	703

A summary of certain asset and liability amounts for LMC as of the respective dates are as follows:



	September 23, 2011		December 31, 2010
	amounts in millions
Assets
Cash and cash equivalents	$	2,075	1,826
Investments in available-for-sale securities and other cost investments	$	2,847	3,441

Liabilities
Financial instruments	$	1,125	1,230
Deferred income tax liabilities	$	428	214
Debt	$	791	855

Discontinued Operations Earnings Per Share [Table Text Block]

e combined impact from discontinued operations, discussed above, is as follows:



	Years ended December 31,
	2011		2010	2009
Basic earnings (losses) from discontinued operations attributable to Liberty shareholders per common share (note 2):
Series A and Series B Liberty Capital common stock	$	2.48	8.74	5.03
Series A and Series B Liberty Starz common stock	$	3.47	4.12	13.13
Series A and Series B Liberty Interactive common stock	$	—	0.19	(0.04	)
Diluted earnings (losses) from discontinued operations attributable to Liberty shareholders per common share (note 2):
Series A and Series B Liberty Capital common stock	$	2.42	8.46	4.98
Series A and Series B Liberty Starz common stock	$	3.34	3.96	13.04
Series A and Series B Liberty Interactive common stock	$	—	0.18	(0.04	)

Liberty Entertainment, Inc. [Member]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

Certain combined statement of operations information for LEI, which is included in earnings from discontinued operations, is as follows:



	Year ended December 31, 2009
	amounts in millions
Revenue	$	240
Earnings before income taxes (1)	$	5,770

(1) Includes the gain from the LEI Split-Off/DTV Business Combination in 2009.

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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