Quarterly report pursuant to Section 13 or 15(d)

Goodwill (Tables)

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Goodwill (Tables)
3 Months Ended
Mar. 31, 2024
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, 2024 were as follows:
(in millions) QxH QVC-International Total
Balance as of December 31, 2023 $ 2,366  785  3,151 
Exchange rate fluctuations —  (23) (23)
Balance as of March 31, 2024 $ 2,366  762  3,128 
Schedule of acquired intangible assets by class
Other intangible assets consisted of the following:
March 31, 2024 December 31, 2023
(in millions) Gross
cost
Accumulated
amortization
Other intangible assets, net Gross
cost
Accumulated
amortization
Other intangible assets, net
Purchased and internally developed software $ 1,064  (802) 262  1,052  (784) 268 
Affiliate and customer relationships 2,821  (2,692) 129  2,825  (2,684) 141 
Debt origination fees (5) (5)
Trademarks (indefinite life) 2,698  —  2,698  2,698  —  2,698 
$ 6,592  (3,499) 3,093  6,584  (3,473) 3,111 
Schedule of finite-lived intangible assets future amortization expense
As of March 31, 2024, the related amortization and interest expense for each of the next five years ended December 31 was as follows (in millions):
Remainder of 2024 $ 146 
2025 147 
2026 97 
2027
2028 —