Quarterly report pursuant to Section 13 or 15(d)

Goodwill (Tables)

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Goodwill (Tables)
6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
The changes in the carrying amount of goodwill by operating segment for the six months ended June 30, 2024 were as follows:
(in millions) QxH QVC-International Total
Balance as of December 31, 2023 $ 2,366  785  3,151 
Exchange rate fluctuations —  (38) (38)
Balance as of June 30, 2024 $ 2,366  747  3,113 
Schedule of acquired intangible assets by class
Other intangible assets consisted of the following:
June 30, 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 $ 1,087  (835) 252  1,052  (784) 268 
Affiliate and customer relationships 2,819  (2,702) 117  2,825  (2,684) 141 
Debt origination fees (6) (5)
Trademarks (indefinite life) 2,698  —  2,698  2,698  —  2,698 
$ 6,613  (3,543) 3,070  6,584  (3,473) 3,111 
Schedule of finite-lived intangible assets future amortization expense
As of June 30, 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 $ 99 
2025 155 
2026 105 
2027 13 
2028 —