Financial Information for Tracking Stock Groups (Tables)
|
3 Months Ended |
Mar. 31, 2016 |
|---|
| Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Ìý
|
| Condensed Balance Sheet |
BALANCE SHEET INFORMATION
MarchÌý31, 2016Ìý
(unaudited)
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Attributed (note 1)
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
ÌýÌýÌýÌý
|
QVC
|
ÌýÌýÌýÌý
|
Ventures
|
ÌýÌýÌýÌý
|
Consolidated
|
Ìý
|
|
Ìý
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Liberty
|
Ìý
|
|
Ìý
|
Ìý
|
amountsÌýinÌýmillions
|
Ìý
|
|
Assets
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Current assets:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Cash and cash equivalents
|
Ìý
|
$
|
440
|
Ìý
|
2,303
|
Ìý
|
2,743
|
Ìý
|
|
Trade and other receivables, net
|
Ìý
|
Ìý
|
1,040
|
Ìý
|
54
|
Ìý
|
1,094
|
Ìý
|
|
Inventory, net
|
Ìý
|
Ìý
|
1,032
|
Ìý
|
52
|
Ìý
|
1,084
|
Ìý
|
|
Short-term marketable securities
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
601
|
Ìý
|
601
|
Ìý
|
|
Other current assets
|
Ìý
|
Ìý
|
79
|
Ìý
|
8
|
Ìý
|
87
|
Ìý
|
|
Total current assets
|
Ìý
|
Ìý
|
2,591
|
Ìý
|
3,018
|
Ìý
|
5,609
|
Ìý
|
|
Investments in available-for-sale securities and other cost investments (note 2)
|
Ìý
|
Ìý
|
4
|
Ìý
|
1,478
|
Ìý
|
1,482
|
Ìý
|
|
Investments in affiliates, accounted for using the equity method
(note 3)
|
Ìý
|
Ìý
|
223
|
Ìý
|
1,428
|
Ìý
|
1,651
|
Ìý
|
|
Property and equipment, net
|
Ìý
|
Ìý
|
1,164
|
Ìý
|
37
|
Ìý
|
1,201
|
Ìý
|
|
Intangible assets not subject to amortization
|
Ìý
|
Ìý
|
9,391
|
Ìý
|
129
|
Ìý
|
9,520
|
Ìý
|
|
Intangible assets subject to amortization, net
|
Ìý
|
Ìý
|
1,419
|
Ìý
|
38
|
Ìý
|
1,457
|
Ìý
|
|
Other assets, at cost, net of accumulated amortization
|
Ìý
|
Ìý
|
33
|
Ìý
|
5
|
Ìý
|
38
|
Ìý
|
|
Total assets
|
Ìý
|
$
|
14,825
|
Ìý
|
6,133
|
Ìý
|
20,958
|
Ìý
|
|
Liabilities and Equity
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Current liabilities:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Intergroup payable (receivable) (note 7)
|
Ìý
|
$
|
45
|
Ìý
|
(45)
|
Ìý
|
Ìý—
|
Ìý
|
|
Accounts payable
|
Ìý
|
Ìý
|
642
|
Ìý
|
25
|
Ìý
|
667
|
Ìý
|
|
Accrued liabilities
|
Ìý
|
Ìý
|
576
|
Ìý
|
47
|
Ìý
|
623
|
Ìý
|
|
Current portion of debt (note 4)
|
Ìý
|
Ìý
|
358
|
Ìý
|
2,247
|
Ìý
|
2,605
|
Ìý
|
|
Other current liabilities
|
Ìý
|
Ìý
|
184
|
Ìý
|
111
|
Ìý
|
295
|
Ìý
|
|
Total current liabilities
|
Ìý
|
Ìý
|
1,805
|
Ìý
|
2,385
|
Ìý
|
4,190
|
Ìý
|
|
Long-term debt (note 4)
|
Ìý
|
Ìý
|
6,257
|
Ìý
|
14
|
Ìý
|
6,271
|
Ìý
|
|
Deferred income tax liabilities
|
Ìý
|
Ìý
|
1,290
|
Ìý
|
2,164
|
Ìý
|
3,454
|
Ìý
|
|
Other liabilities
|
Ìý
|
Ìý
|
283
|
Ìý
|
12
|
Ìý
|
295
|
Ìý
|
|
Total liabilities
|
Ìý
|
Ìý
|
9,635
|
Ìý
|
4,575
|
Ìý
|
14,210
|
Ìý
|
|
Equity/Attributed net assets (liabilities)
|
Ìý
|
Ìý
|
5,098
|
Ìý
|
1,568
|
Ìý
|
6,666
|
Ìý
|
|
Noncontrolling interests in equity of subsidiaries
|
Ìý
|
Ìý
|
92
|
Ìý
|
(10)
|
Ìý
|
82
|
Ìý
|
|
Total liabilities and equity
|
Ìý
|
$
|
14,825
|
Ìý
|
6,133
|
Ìý
|
20,958
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
| Condensed Income Statement |
Ìý
Ìý
STATEMENT OF OPERATIONS INFORMATION
Three months endedÌýMarchÌý31, 2016Ìý
(unaudited)
Ìý
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Attributed (note 1)
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
QVC
|
Ìý
|
Ventures
|
Ìý
|
Consolidated
|
Ìý
|
|
Ìý
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Liberty
|
Ìý
|
|
Ìý
|
Ìý
|
amountsÌýinÌýmillions
|
Ìý
|
|
Total revenue, net
|
Ìý
|
$
|
2,367
|
Ìý
|
143
|
Ìý
|
2,510
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Operating costs and expenses:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Cost of sales
|
Ìý
|
Ìý
|
1,535
|
Ìý
|
91
|
Ìý
|
1,626
|
Ìý
|
|
Operating
|
Ìý
|
Ìý
|
153
|
Ìý
|
17
|
Ìý
|
170
|
Ìý
|
|
Selling, general and administrative, including stock-based compensation (note 5)
|
Ìý
|
Ìý
|
264
|
Ìý
|
44
|
Ìý
|
308
|
Ìý
|
|
Depreciation and amortization
|
Ìý
|
Ìý
|
209
|
Ìý
|
8
|
Ìý
|
217
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
2,161
|
Ìý
|
160
|
Ìý
|
2,321
|
Ìý
|
|
Operating income (loss)
|
Ìý
|
Ìý
|
206
|
Ìý
|
(17)
|
Ìý
|
189
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Other income (expense):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Interest expense
|
Ìý
|
Ìý
|
(76)
|
Ìý
|
(17)
|
Ìý
|
(93)
|
Ìý
|
|
Share of earnings (losses) of affiliates, net (note 3)
|
Ìý
|
Ìý
|
21
|
Ìý
|
(42)
|
Ìý
|
(21)
|
Ìý
|
|
Realized and unrealized gains (losses) on financial instruments, net
|
Ìý
|
Ìý
|
(1)
|
Ìý
|
(6)
|
Ìý
|
(7)
|
Ìý
|
|
Other, net
|
Ìý
|
Ìý
|
5
|
Ìý
|
29
|
Ìý
|
34
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
(51)
|
Ìý
|
(36)
|
Ìý
|
(87)
|
Ìý
|
|
Earnings (loss) before income taxes
|
Ìý
|
Ìý
|
155
|
Ìý
|
(53)
|
Ìý
|
102
|
Ìý
|
|
Income tax benefit (expense)
|
Ìý
|
Ìý
|
(57)
|
Ìý
|
26
|
Ìý
|
(31)
|
Ìý
|
|
Net earnings (loss)
|
Ìý
|
Ìý
|
98
|
Ìý
|
(27)
|
Ìý
|
71
|
Ìý
|
|
Less net earnings (loss) attributable to noncontrolling interests
|
Ìý
|
Ìý
|
8
|
Ìý
|
Ìý—
|
Ìý
|
8
|
Ìý
|
|
Net earnings (loss) attributable to Liberty stockholders
|
Ìý
|
$
|
90
|
Ìý
|
(27)
|
Ìý
|
63
|
Ìý
|
|
Ìý
|
ÌýÌýÌýÌý
|
Ìý
|
Ìý
|
ÌýÌýÌýÌý
|
Ìý
|
ÌýÌýÌýÌý
|
Ìý
|
Ìý
|
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
STATEMENT OF OPERATIONS INFORMATION
Three months endedÌýMarchÌý31, 2015Ìý
(unaudited)
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Attributed (note 1)
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
ÌýÌýÌýÌý
|
QVC
|
ÌýÌýÌýÌý
|
Ventures
|
ÌýÌýÌýÌý
|
Consolidated
|
Ìý
|
|
Ìý
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Liberty
|
Ìý
|
|
Ìý
|
Ìý
|
amountsÌýinÌýmillions
|
Ìý
|
|
Total revenue, net
|
Ìý
|
$
|
1,938
|
Ìý
|
276
|
Ìý
|
2,214
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Operating costs and expenses:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Cost of sales
|
Ìý
|
Ìý
|
1,221
|
Ìý
|
194
|
Ìý
|
1,415
|
Ìý
|
|
Operating
|
Ìý
|
Ìý
|
138
|
Ìý
|
22
|
Ìý
|
160
|
Ìý
|
|
Selling, general and administrative, including stock-based compensation (note 5)
|
Ìý
|
Ìý
|
190
|
Ìý
|
45
|
Ìý
|
235
|
Ìý
|
|
Depreciation and amortization
|
Ìý
|
Ìý
|
152
|
Ìý
|
16
|
Ìý
|
168
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
1,701
|
Ìý
|
277
|
Ìý
|
1,978
|
Ìý
|
|
Operating income (loss)
|
Ìý
|
Ìý
|
237
|
Ìý
|
(1)
|
Ìý
|
236
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Other income (expense):
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Interest expense
|
Ìý
|
Ìý
|
(75)
|
Ìý
|
(20)
|
Ìý
|
(95)
|
Ìý
|
|
Share of earnings (losses) of affiliates, net (note 3)
|
Ìý
|
Ìý
|
24
|
Ìý
|
(21)
|
Ìý
|
3
|
Ìý
|
|
Realized and unrealized gains (losses) on financial instruments, net
|
Ìý
|
Ìý
|
(10)
|
Ìý
|
6
|
Ìý
|
(4)
|
Ìý
|
|
Other, net
|
Ìý
|
Ìý
|
8
|
Ìý
|
7
|
Ìý
|
15
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
(53)
|
Ìý
|
(28)
|
Ìý
|
(81)
|
Ìý
|
|
Earnings (loss) before income taxes
|
Ìý
|
Ìý
|
184
|
Ìý
|
(29)
|
Ìý
|
155
|
Ìý
|
|
Income tax benefit (expense)
|
Ìý
|
Ìý
|
(24)
|
Ìý
|
21
|
Ìý
|
(3)
|
Ìý
|
|
Net earnings (loss)
|
Ìý
|
Ìý
|
160
|
Ìý
|
(8)
|
Ìý
|
152
|
Ìý
|
|
Less net earnings (loss) attributable to noncontrolling interests
|
Ìý
|
Ìý
|
9
|
Ìý
|
Ìý—
|
Ìý
|
9
|
Ìý
|
|
Net earnings (loss) attributable to Liberty stockholders
|
Ìý
|
$
|
151
|
Ìý
|
(8)
|
Ìý
|
143
|
Ìý
|
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
Ìý
|
| Condensed Cash Flow Statement |
STATEMENT OF CASH FLOWS INFORMATION
Three months endedÌýMarchÌý31, 2016Ìý
(unaudited)
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Attributed (note 1)
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
ÌýÌýÌýÌý
|
QVC
|
ÌýÌýÌýÌý
|
Ventures
|
ÌýÌýÌýÌý
|
Consolidated
|
Ìý
|
|
Ìý
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Liberty
|
Ìý
|
|
Ìý
|
Ìý
|
amountsÌýinÌýmillions
|
Ìý
|
|
CASH FLOWS FROM OPERATING ACTIVITIES:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Net earnings (loss)
|
Ìý
|
$
|
98
|
Ìý
|
(27)
|
Ìý
|
71
|
Ìý
|
|
Adjustments to reconcile net earnings to net cash provided by operating activities:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Depreciation and amortization
|
Ìý
|
Ìý
|
209
|
Ìý
|
8
|
Ìý
|
217
|
Ìý
|
|
Stock-based compensation
|
Ìý
|
Ìý
|
18
|
Ìý
|
13
|
Ìý
|
31
|
Ìý
|
|
Cash payments for stock based compensation
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
(10)
|
Ìý
|
(10)
|
Ìý
|
|
Excess tax benefit from stock based compensation
|
Ìý
|
Ìý
|
(5)
|
Ìý
|
Ìý—
|
Ìý
|
(5)
|
Ìý
|
|
Share of (earnings) losses of affiliates, net
|
Ìý
|
Ìý
|
(21)
|
Ìý
|
42
|
Ìý
|
21
|
Ìý
|
|
Cash receipts from return on equity investments
|
Ìý
|
Ìý
|
6
|
Ìý
|
9
|
Ìý
|
15
|
Ìý
|
|
Realized and unrealized gains (losses) on financial instruments, net
|
Ìý
|
Ìý
|
1
|
Ìý
|
6
|
Ìý
|
7
|
Ìý
|
|
Deferred income tax (benefit) expense
|
Ìý
|
Ìý
|
(30)
|
Ìý
|
24
|
Ìý
|
(6)
|
Ìý
|
|
Other, net
|
Ìý
|
Ìý
|
(2)
|
Ìý
|
(25)
|
Ìý
|
(27)
|
Ìý
|
|
Intergroup tax allocation
|
Ìý
|
Ìý
|
49
|
Ìý
|
(49)
|
Ìý
|
Ìý—
|
Ìý
|
|
Intergroup tax (payments) receipts
|
Ìý
|
Ìý
|
(54)
|
Ìý
|
54
|
Ìý
|
Ìý—
|
Ìý
|
|
Changes in operating assets and liabilities
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Current and other assets
|
Ìý
|
Ìý
|
268
|
Ìý
|
13
|
Ìý
|
281
|
Ìý
|
|
Payables and other current liabilities
|
Ìý
|
Ìý
|
(297)
|
Ìý
|
(3)
|
Ìý
|
(300)
|
Ìý
|
|
Net cash provided (used) by operating activities
|
Ìý
|
Ìý
|
240
|
Ìý
|
55
|
Ìý
|
295
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
CASH FLOWS FROM INVESTING ACTIVITIES:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Cash proceeds from dispositions
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
9
|
Ìý
|
9
|
Ìý
|
|
Investments in and loans to cost and equity investees
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
(22)
|
Ìý
|
(22)
|
Ìý
|
|
Capital expended for property and equipment
|
Ìý
|
Ìý
|
(43)
|
Ìý
|
(8)
|
Ìý
|
(51)
|
Ìý
|
|
Purchases of short term and other marketable securities
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
(116)
|
Ìý
|
(116)
|
Ìý
|
|
Sales of short term and other marketable securities
|
Ìý
|
Ìý
|
12
|
Ìý
|
413
|
Ìý
|
425
|
Ìý
|
|
Other investing activities, net
|
Ìý
|
Ìý
|
(13)
|
Ìý
|
1
|
Ìý
|
(12)
|
Ìý
|
|
Net cash provided (used) by investing activities
|
Ìý
|
Ìý
|
(44)
|
Ìý
|
277
|
Ìý
|
233
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
CASH FLOWS FROM FINANCING ACTIVITIES:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Borrowings of debt
|
Ìý
|
Ìý
|
515
|
Ìý
|
108
|
Ìý
|
623
|
Ìý
|
|
Repayments of debt
|
Ìý
|
Ìý
|
(438)
|
Ìý
|
(160)
|
Ìý
|
(598)
|
Ìý
|
|
Repurchases of QVC Group common stock
|
Ìý
|
Ìý
|
(238)
|
Ìý
|
Ìý—
|
Ìý
|
(238)
|
Ìý
|
|
Minimum withholding taxes on net settlements of stock-based compensation
|
Ìý
|
Ìý
|
(7)
|
Ìý
|
(1)
|
Ìý
|
(8)
|
Ìý
|
|
Excess tax benefit from stock-based compensation
|
Ìý
|
Ìý
|
5
|
Ìý
|
Ìý—
|
Ìý
|
5
|
Ìý
|
|
Other financing activities, net
|
Ìý
|
Ìý
|
(6)
|
Ìý
|
1
|
Ìý
|
(5)
|
Ìý
|
|
Net cash provided (used) by financing activities
|
Ìý
|
Ìý
|
(169)
|
Ìý
|
(52)
|
Ìý
|
(221)
|
Ìý
|
|
Effect of foreign currency rates on cash
|
Ìý
|
Ìý
|
(13)
|
Ìý
|
Ìý—
|
Ìý
|
(13)
|
Ìý
|
|
Net increase (decrease) in cash and cash equivalents
|
Ìý
|
Ìý
|
14
|
Ìý
|
280
|
Ìý
|
294
|
Ìý
|
|
Cash and cash equivalents at beginning of period
|
Ìý
|
Ìý
|
426
|
Ìý
|
2,023
|
Ìý
|
2,449
|
Ìý
|
|
Cash and cash equivalents at end period
|
Ìý
|
$
|
440
|
Ìý
|
2,303
|
Ìý
|
2,743
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
STATEMENT OF CASH FLOWS INFORMATION
Three months endedÌýMarchÌý31, 2015Ìý
(unaudited)
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
Ìý
|
Attributed (note 1)
|
Ìý
|
Ìý
|
Ìý
|
|
Ìý
|
ÌýÌýÌýÌý
|
QVC
|
ÌýÌýÌýÌý
|
Ventures
|
ÌýÌýÌýÌý
|
Consolidated
|
Ìý
|
|
Ìý
|
Ìý
|
Group
|
Ìý
|
Group
|
Ìý
|
Liberty
|
Ìý
|
|
Ìý
|
Ìý
|
amountsÌýinÌýmillions
|
Ìý
|
|
CASHÌýFLOWSÌýFROMÌýOPERATINGÌýACTIVITIES:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Net earnings (loss)
|
Ìý
|
$
|
160
|
Ìý
|
(8)
|
Ìý
|
152
|
Ìý
|
|
Adjustments to reconcile net earnings to net cash provided by operating activities:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Depreciation and amortization
|
Ìý
|
Ìý
|
152
|
Ìý
|
16
|
Ìý
|
168
|
Ìý
|
|
Stock-based compensation
|
Ìý
|
Ìý
|
12
|
Ìý
|
3
|
Ìý
|
15
|
Ìý
|
|
Cash payments for stock based compensation
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
(2)
|
Ìý
|
(2)
|
Ìý
|
|
Excess tax benefit from stock-based compensation
|
Ìý
|
Ìý
|
(13)
|
Ìý
|
Ìý—
|
Ìý
|
(13)
|
Ìý
|
|
Share of losses (earnings) of affiliates, net
|
Ìý
|
Ìý
|
(24)
|
Ìý
|
21
|
Ìý
|
(3)
|
Ìý
|
|
Cash receipts from return on equity investments
|
Ìý
|
Ìý
|
7
|
Ìý
|
6
|
Ìý
|
13
|
Ìý
|
|
Realized and unrealized gains (losses) on financial instruments, net
|
Ìý
|
Ìý
|
10
|
Ìý
|
(6)
|
Ìý
|
4
|
Ìý
|
|
Deferred income tax (benefit) expense
|
Ìý
|
Ìý
|
(79)
|
Ìý
|
25
|
Ìý
|
(54)
|
Ìý
|
|
Other, net
|
Ìý
|
Ìý
|
(9)
|
Ìý
|
1
|
Ìý
|
(8)
|
Ìý
|
|
Intergroup tax allocation
|
Ìý
|
Ìý
|
47
|
Ìý
|
(47)
|
Ìý
|
Ìý—
|
Ìý
|
|
Intergroup tax (payments) receipts
|
Ìý
|
Ìý
|
(6)
|
Ìý
|
6
|
Ìý
|
Ìý—
|
Ìý
|
|
Changes in operating assets and liabilities
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Current and other assets
|
Ìý
|
Ìý
|
238
|
Ìý
|
20
|
Ìý
|
258
|
Ìý
|
|
Payables and other current liabilities
|
Ìý
|
Ìý
|
(268)
|
Ìý
|
(42)
|
Ìý
|
(310)
|
Ìý
|
|
Net cash provided (used) by operating activities
|
Ìý
|
Ìý
|
227
|
Ìý
|
(7)
|
Ìý
|
220
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
CASH FLOWS FROM INVESTING ACTIVITIES:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Cash paid for acquisitions
|
Ìý
|
Ìý
|
Ìý—
|
Ìý
|
(20)
|
Ìý
|
(20)
|
Ìý
|
|
Investments in and loans to cost and equity investees
|
Ìý
|
Ìý
|
(1)
|
Ìý
|
(44)
|
Ìý
|
(45)
|
Ìý
|
|
Cash receipts from returns of equity investments
|
Ìý
|
Ìý
|
200
|
Ìý
|
Ìý—
|
Ìý
|
200
|
Ìý
|
|
Capital expended for property and equipment
|
Ìý
|
Ìý
|
(31)
|
Ìý
|
(13)
|
Ìý
|
(44)
|
Ìý
|
|
Purchases of short term and other marketable securities
|
Ìý
|
Ìý
|
(54)
|
Ìý
|
(233)
|
Ìý
|
(287)
|
Ìý
|
|
Sales of short term and other marketable securities
|
Ìý
|
Ìý
|
66
|
Ìý
|
247
|
Ìý
|
313
|
Ìý
|
|
Other investing activities, net
|
Ìý
|
Ìý
|
(44)
|
Ìý
|
Ìý—
|
Ìý
|
(44)
|
Ìý
|
|
Net cash provided (used) by investing activities
|
Ìý
|
Ìý
|
136
|
Ìý
|
(63)
|
Ìý
|
73
|
Ìý
|
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
CASH FLOWS FROM FINANCING ACTIVITIES:
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
Ìý
|
|
Borrowings of debt
|
Ìý
|
Ìý
|
351
|
Ìý
|
180
|
Ìý
|
531
|
Ìý
|
|
Repayments of debt
|
Ìý
|
Ìý
|
(466)
|
Ìý
|
(176)
|
Ìý
|
(642)
|
Ìý
|
|
Repurchases of QVC Group common stock
|
Ìý
|
Ìý
|
(123)
|
Ìý
|
Ìý—
|
Ìý
|
(123)
|
Ìý
|
|
Minimum withholding taxes on net settlements of stock-based compensation
|
Ìý
|
Ìý
|
(12)
|
Ìý
|
1
|
Ìý
|
(11)
|
Ìý
|
|
Excess tax benefit from stock-based compensation
|
Ìý
|
Ìý
|
13
|
Ìý
|
Ìý—
|
Ìý
|
13
|
Ìý
|
|
Other financing activities, net
|
Ìý
|
Ìý
|
(8)
|
Ìý
|
1
|
Ìý
|
(7)
|
Ìý
|
|
Net cash provided (used) by financing activities
|
Ìý
|
Ìý
|
(245)
|
Ìý
|
6
|
Ìý
|
(239)
|
Ìý
|
|
Effect of foreign currency rates on cash
|
Ìý
|
Ìý
|
(10)
|
Ìý
|
Ìý—
|
Ìý
|
(10)
|
Ìý
|
|
Net increase (decrease) in cash and cash equivalents
|
Ìý
|
Ìý
|
108
|
Ìý
|
(64)
|
Ìý
|
44
|
Ìý
|
|
Cash and cash equivalents at beginning of period
|
Ìý
|
Ìý
|
422
|
Ìý
|
1,884
|
Ìý
|
2,306
|
Ìý
|
|
Cash and cash equivalents at end period
|
Ìý
|
$
|
530
|
Ìý
|
1,820
|
Ìý
|
2,350
|
Ìý
|
Ìý
|