Registration of securities issued in business combination transactions

Property, Plant and Equipment, Net

v2.4.0.8
Property, Plant and Equipment, Net
 12 Months Ended
Dec. 31, 2013
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, Net
Property, Plant and Equipment, Net
Property, plant and equipment consisted of the following:
 
December 31,
 
Estimated
useful
(in millions)
2013

2012

life
Land
$
87

97

N/A
Buildings and improvements
954

877

8 - 20 years
Furniture and other equipment
429

412

2 - 8 years
Broadcast equipment
107

91

3 - 5 years
Computer equipment
204

185

2 - 4 years
Transponders (note 9)
170

137

8 - 15 years
Projects in progress
74

199

N/A

2,025

1,998

 
Less accumulated depreciation
(919
)
(867
)
 
Property, plant and equipment, net
$
1,106

1,131

 

In 2013, QVC-Japan transitioned to its new headquarters in Japan that includes television studios, broadcast facilities, administrative offices and a call center. The total project cost was approximately $220 million.
In 2012, QVC-U.K. transitioned to its new leased headquarters in the U.K. that includes television studios, broadcast facilities and administrative offices. QVC-U.K. made certain improvements to its new leased facility costing approximately $50 million.
In 2014, QVC-Italy will take ownership of its current leased headquarters in Italy that includes television studios, broadcast facilities, administrative offices and a call center for approximately $22 million, of which $14 million was deposited in 2013.