Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

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Intangible Assets
3 Months Ended
Mar. 31, 2024
Intangible Assets  
Intangible Assets

(5)   Intangible Assets

Goodwill

Changes in the carrying amount of goodwill are as follows:

    

QxH

QVC Int'l

CBI

    

Total

 

amounts in millions

 

Balance at January 1, 2024

$

2,367

785

12

 

3,164

Foreign currency translation adjustments

 

(23)

 

(23)

Balance at March 31, 2024

$

2,367

762

12

 

3,141

Intangible Assets Subject to Amortization

Amortization expense for intangible assets with finite useful lives was $77 million and $74 million for the three months ended March 31, 2024 and 2023, respectively. Based on its amortizable intangible assets as of March 31, 2024, Qurate Retail expects that amortization expense will be as follows for the next five years (amounts in millions):

Remainder of 2024

    

$

215

2025

$

171

2026

$

103

2027

$

8

2028

$