Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 279 $ 357
Restricted cash 13 10
Accounts Receivable, after Allowance for Credit Loss, Current 934 1,362
Inventories 1,021 1,035
Prepaid expenses and other current assets 134 144
Total current assets 2,381 2,908
Noncurrent assets:    
Property, Plant and Equipment, Net 426 472
Operating Lease, Right-of-Use Asset 468 419
Television distribution rights, net (note 2) 108 72
Goodwill (note 3) 3,444 3,470
Other intangible assets, net (note 3) 3,127 3,184
Other noncurrent assets 53 68
Asset, Held-for-Sale, Not Part of Disposal Group 0 71
Total assets 11,747 12,404
Current liabilities:    
Current portion of debt and finance lease obligations (note 4) 424 216
Accounts payable-trade 765 832
Accrued liabilities 718 911
Other Liabilities, Current 49 57
Total current liabilities 1,956 2,016
Noncurrent liabilities:    
Long-term portion of debt and finance lease obligations (note 4) 4,048 4,721
Deferred Income Tax Liabilities, Net 629 577
Operating Lease, Liability, Noncurrent 434 377
Other long-term liabilities 91 141
Total liabilities 7,158 7,832
QVC, Inc. stockholder's equity:    
Common Stock, Value, Issued 0 0
Additional paid-in capital 10,894 10,869
Accumulated deficit (6,040) (6,080)
Accumulated other comprehensive loss (351) (312)
Total QVC, Inc. stockholder's equity 4,503 4,477
Noncontrolling interest 86 95
Total equity 4,589 4,572
Total liabilities and equity 11,747 12,404
Qurate    
Noncurrent assets:    
Financing Receivable, after Allowance for Credit Loss, Noncurrent $ 1,740 $ 1,740