Quarterly report pursuant to Section 13 or 15(d)

Goodwill (Tables)

v3.20.2
Goodwill (Tables)
 6 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
The changes in the carrying amount of goodwill for the six months ended June 30, 2020 were as follows:
(in millions) QxH QVC-International Total
Balance as of December 31, 2019 $ 5,112    859    5,971   
Exchange rate fluctuations —    (2)   (2)  
Balance as of June 30, 2020 $ 5,112    857    5,969   
Schedule of acquired intangible assets by class
Other intangible assets consisted of the following:
June 30, 2020 December 31, 2019
(in millions) Gross
cost		 Accumulated
amortization		 Other intangible assets, net Gross
cost		 Accumulated
amortization		 Other intangible assets, net
Purchased and internally developed software $ 916    (647)   269    885    (603)   282   
Affiliate and customer relationships 2,827    (2,522)   305    2,829    (2,499)   330   
Debt origination fees 10    (3)   7    10    (2)   8   
Trademarks (indefinite life) 2,878    —    2,878    2,878    —    2,878   
$ 6,631    (3,172)   3,459    6,602    (3,104)   3,498   
Schedule of finite-lived intangible assets future amortization expense
As of June 30, 2020, the related amortization and interest expense for each of the next five years ended December 31 was as follows (in millions):
Remainder of 2020 $ 92   
2021 148   
2022 118   
2023 67   
2024 62