Quarterly report pursuant to Section 13 or 15(d)

Goodwill (Tables)

v3.24.3
Goodwill (Tables)
 9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
The changes in the carrying amount of goodwill by operating segment for the nine months ended September 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 —  11  11 
Balance as of September 30, 2024 $ 2,366  796  3,162 
Schedule of acquired intangible assets by class
Other intangible assets consisted of the following:
September 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 $ 1,118  (877) 241  1,052  (784) 268 
Affiliate and customer relationships 2,828  (2,723) 105  2,825  (2,684) 141 
Debt origination fees 9  (6) 3  9  (5) 4 
Trademarks (indefinite life) 2,698  —  2,698  2,698  —  2,698 
$ 6,653  (3,606) 3,047  6,584  (3,473) 3,111 
Schedule of finite-lived intangible assets future amortization expense
As of September 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 $ 50 
2025 163 
2026 114 
2027 22 
2028 —