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Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.4.0.3
Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract] Ìý
Changes In The Carrying Amount Of Goodwill

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Corporate and

Ìý

Ìý

Ìý

Ìý

ÌýÌýÌýÌý

QVC

Ìý

zulily

ÌýÌýÌýÌý

Other

ÌýÌýÌýÌý

Total

Ìý

Ìý

Ìý

amountsÌýinÌýmillions

Ìý

Balance at JanuaryÌý1, 2016

Ìý

$

5,149

Ìý

860

Ìý

103

Ìý

6,112

Ìý

AcquisitionÌýÌý(1)

Ìý

Ìý

Ìý—

Ìý

57

Ìý

Ìý—

Ìý

57

Ìý

Foreign currency translation adjustments

Ìý

Ìý

27

Ìý

Ìý—

Ìý

Ìý—

Ìý

27

Ìý

Other

Ìý

Ìý

Ìý—

Ìý

Ìý—

Ìý

2

Ìý

2

Ìý

Balance at MarchÌý31, 2016

Ìý

$

5,176

Ìý

917

Ìý

105

Ìý

6,198

Ìý

Ìý

(1)

As discussed in note 2, subsequent to December 31, 2015, the preliminary purchase price allocation for the zulily acquisition was adjusted, resulting in a $57 million increase to goodwill.

Amortization Expense For The Next Five Fiscal Years

Based on its amortizable intangible assets as of MarchÌý31, 2016, Liberty expects that amortization expense will be as follows for the next five years (amounts in millions):

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Remainder of 2016

ÌýÌýÌýÌý

$

518

Ìý

2017

Ìý

$

502

Ìý

2018

Ìý

$

231

Ìý

2019

Ìý

$

96

Ìý

2020

Ìý

$

60

Ìý

Ìý