º¬Ð߲ݴ«Ã½

Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Intangible Assets (Tables)

v3.22.0.1
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill and Other Intangible Assets Ìý
Schedule of changes in the carrying amount of goodwill

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ÌýÌýÌýÌý

QxH

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QVC International

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Zulily

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Corporate and Other

ÌýÌýÌýÌý

Total

Ìý

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amountsÌýinÌýmillions

Ìý

Balance at January 1, 2020

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$

5,228

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859

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477

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12

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6,576

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Foreign currency translation adjustments

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—

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62

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—

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—

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62

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Balance at December 31, 2020

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​

5,228

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921

​

477

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12

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6,638

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Foreign currency translation adjustments

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—

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(66)

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—

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—

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(66)

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Impairments

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—

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—

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(233)

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—

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(233)

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Balance at December 31, 2021

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$

5,228

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855

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244

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12

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6,339

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Schedule of Intangible assets subject to amortization

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DecemberÌý31,Ìý2021

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DecemberÌý31,Ìý2020

Ìý

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ÌýÌýÌýÌý

Gross

ÌýÌýÌýÌý

ÌýÌýÌýÌý

ÌýÌýÌýÌý

Net

ÌýÌýÌýÌý

Gross

ÌýÌýÌýÌý

ÌýÌýÌýÌý

ÌýÌýÌýÌý

Net

Ìý

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carrying

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Accumulated

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carrying

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carrying

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Accumulated

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carrying

Ìý

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amount

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amortization

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amount

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amount

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amortization

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amount

Ìý

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amountsÌýinÌýmillions

Ìý

Television distribution rights

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$

818

Ìý

(673)

Ìý

145

Ìý

814

Ìý

(751)

Ìý

63

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Customer relationships

​

Ìý

3,321

Ìý

(3,087)

Ìý

234

Ìý

3,334

Ìý

(3,004)

Ìý

330

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Other

​

Ìý

1,443

Ìý

(1,077)

Ìý

366

Ìý

1,434

Ìý

(1,048)

Ìý

386

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Total

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$

5,582

Ìý

(4,837)

Ìý

745

Ìý

5,582

Ìý

(4,803)

Ìý

779

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Schedule of amortization expense for the next five years Based on its amortizable intangible assets as of DecemberÌý31, 2021, º¬Ð߲ݴ«Ã½ expects that amortization expense will be as follows for the next five years (amounts in millions):

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2022

ÌýÌýÌýÌý

$

319

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2023

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$

197

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2024

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$

120

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2025

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$

51

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2026

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$

50

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