Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 297 $ 307
Restricted cash 17 15
Accounts Receivable, after Allowance for Credit Loss, Current 872 1,295
Inventories 1,112 860
Prepaid expenses and other current assets 137 162
Total current assets 2,435 2,639
Noncurrent assets:    
Property, Plant and Equipment, Net 410 427
Operating Lease, Right-of-Use Asset 497 510
Television distribution rights, net (note 2) 66 83
Goodwill (note 3) 3,162 3,151
Other intangible assets, net (note 3) 3,047 3,111
Other noncurrent assets 49 54
Asset, Held-for-Sale, Not Part of Disposal Group 0 5
Total assets 11,406 11,720
Current liabilities:    
Current portion of debt and finance lease obligations (note 4) 586 424
Accounts payable-trade 783 838
Accrued liabilities 771 938
Other Liabilities, Current 50 51
Total current liabilities 2,190 2,251
Noncurrent liabilities:    
Long-term portion of debt and finance lease obligations (note 4) 3,398 3,911
Deferred Income Tax Liabilities, Net 532 621
Operating Lease, Liability, Noncurrent 488 488
Other long-term liabilities 98 112
Total liabilities 6,706 7,383
QVC, Inc. stockholder's equity:    
Common Stock, Value, Issued 0 0
Additional paid-in capital 11,195 10,901
Accumulated deficit (6,297) (6,361)
Accumulated other comprehensive loss (269) (290)
Total QVC, Inc. stockholder's equity 4,629 4,250
Noncontrolling interest 71 87
Total equity 4,700 4,337
Total liabilities and equity 11,406 11,720
Qurate    
Noncurrent assets:    
Financing Receivable, after Allowance for Credit Loss, Noncurrent $ 1,740 $ 1,740