º¬Ð߲ݴ«Ã½

Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

v3.21.1
Intangible Assets
3 Months Ended
Mar. 31, 2021
Intangible Assets Ìý
Intangible Assets

(5)ÌýÌýÌýIntangible Assets

Goodwill

Changes in the carrying amount of goodwill are as follows:

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Corporate and

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ÌýÌýÌýÌý

QxH

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QVC Int'l

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Zulily

ÌýÌýÌýÌý

Other

ÌýÌýÌýÌý

Total

Ìý

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amountsÌýinÌýmillions

Ìý

Balance at JanuaryÌý1, 2021

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$

5,228

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921

​

477

Ìý

12

Ìý

6,638

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Foreign currency translation adjustments

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Ìý

—

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(37)

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—

Ìý

—

Ìý

(37)

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Balance at MarchÌý31, 2021

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$

5,228

​

884

​

477

Ìý

12

Ìý

6,601

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Intangible Assets Subject to Amortization

Amortization expense for intangible assets with finite useful lives was $82 million and $91 million for the three months ended MarchÌý31, 2021 and 2020, respectively. Based on its amortizable intangible assets as of MarchÌý31, 2021, º¬Ð߲ݴ«Ã½ expects that amortization expense will be as follows for the next five years (amounts in millions):

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Remainder of 2021

ÌýÌýÌýÌý

$

259

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2022

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$

247

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2023

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$

135

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2024

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$

82

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2025

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$

50

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