Registration of securities issued in business combination transactions

Consolidated Balance Sheets

v2.4.0.8
Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Mar. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Current assets:            
Cash and cash equivalents $ 439 $ 540 $ 578 $ 560 $ 621 $ 748
Restricted cash 15 15   15    
Accounts receivable, less allowance for doubtful accounts of $75 million at March 31, 2013 and $74 million at December 31, 2012 775 1,055   1,020    
Inventories 935 909   906    
Deferred income taxes 155 151   138    
Prepaid expenses 50 53   54    
Total current assets 2,369 2,723   2,693    
Noncurrent assets:            
Property, plant and equipment, net of accumulated depreciation of $857 million at March 31, 2013 and $866 million at December 31, 2012 1,084 1,131   1,084    
Cable and satellite television distribution rights, net 722 764   905    
Goodwill 5,179 5,234   5,239 5,247  
Other intangible assets, net 3,461 3,509   3,624    
Other noncurrent assets 83 77   25    
Total assets 12,898 13,438   13,570    
Current liabilities:            
Current portion of debt and capital lease obligations 11 12   10    
Accounts payable-trade 422 566   491    
Accrued liabilities 754 955   817    
Total current liabilities 1,187 1,533   1,318    
Noncurrent liabilities:            
Long-term portion of debt and capital lease obligations 3,585 3,465   2,480    
Deferred compensation 11 12   11    
Deferred income taxes 1,367 1,410   1,534    
Other long-term liabilities 158 184   208    
Total liabilities 6,308 6,604   5,551    
QVC, Inc. shareholder's equity:            
Common stock, $0.01 par value 0 0   0    
Additional paid-in capital 6,676 6,665   6,644    
(Accumulated deficit) retained earnings (312) (161)   1,052    
Accumulated other comprehensive income 108 186 217 194    
Total QVC, Inc. shareholder's equity 6,472 6,690   7,890    
Noncontrolling interest 118 144   129    
Total equity 6,590 6,834   8,019 7,654 7,228
Total liabilities and equity $ 12,898 $ 13,438   $ 13,570