º¬Ð߲ݴ«Ã½

Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

v3.19.2
Intangible Assets
6 Months Ended
Jun. 30, 2019
Intangible Assets Ìý
Intangible Assets

(6)ÌýÌýÌýIntangible Assets

Goodwill

Changes in the carrying amount of goodwill are as follows:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Corporate and

​

​

​

​

ÌýÌýÌýÌý

QxH

​

QVC Int'l

​

Zulily

ÌýÌýÌýÌý

Other

ÌýÌýÌýÌý

Total

Ìý

​

​

amountsÌýinÌýmillions

Ìý

Balance at JanuaryÌý1, 2019

​

$

5,228

​

860

​

917

Ìý

12

Ìý

7,017

​

Foreign currency translation adjustments

​

Ìý

—

​

4

​

—

Ìý

—

Ìý

4

​

Balance at JuneÌý30, 2019

​

$

5,228

​

864

​

917

Ìý

12

Ìý

7,021

​

​

Intangible Assets Subject to Amortization

Amortization expense for intangible assets with finite useful lives was $94 million and $106 million for the three months ended JuneÌý30, 2019 and 2018, respectively, and $194 million and $215 million for the six months ended JuneÌý30, 2019 and 2018, respectively. Based on its amortizable intangible assets as of JuneÌý30, 2019, º¬Ð߲ݴ«Ã½ expects that amortization expense will be as follows for the next five years (amounts in millions):

​

​

​

​

​

​

Remainder of 2019

ÌýÌýÌýÌý

$

196

​

2020

​

$

325

​

2021

​

$

193

​

2022

​

$

96

​

2023

​

$

80

​

​