Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangibles (Tables)

v3.22.1
Goodwill and Other Intangibles (Tables)
 3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
The changes in the carrying amount of goodwill by operating segment for the three months ended March 31, 2022 were as follows:
(in millions) QxH QVC-International Total
Balance as of December 31, 2021 $ 5,112  856  5,968 
Exchange rate fluctuations —  (27) (27)
Balance as of March 31, 2022 $ 5,112  829  5,941 
Schedule of acquired intangible assets by class
Other intangible assets consisted of the following:
March 31, 2022 December 31, 2021
(in millions) Gross
cost		 Accumulated
amortization		 Other intangible assets, net Gross
cost		 Accumulated
amortization		 Other intangible assets, net
Purchased and internally developed software $ 967  (685) 282  945  (659) 286 
Affiliate and customer relationships 2,828  (2,605) 223  2,832  (2,598) 234 
Debt origination fees 9  (1) 8  9  —  9 
Trademarks (indefinite life) 2,878  —  2,878  2,878  —  2,878 
$ 6,682  (3,291) 3,391  6,664  (3,257) 3,407 
Schedule of finite-lived intangible assets future amortization expense
As of March 31, 2022, the related amortization and interest expense for each of the next five years ended December 31 was as follows (in millions):
Remainder of 2022 $ 140 
2023 158 
2024 112 
2025 55 
2026 48