º¬Ð߲ݴ«Ã½

Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

v3.24.1.u1
Intangible Assets
3 Months Ended
Mar. 31, 2024
Intangible Assets Ìý
Intangible Assets

(5)ÌýÌýÌýIntangible Assets

Goodwill

Changes in the carrying amount of goodwill are as follows:

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ÌýÌýÌýÌý

QxH

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QVC Int'l

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CBI

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Total

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amountsÌýinÌýmillions

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Balance at JanuaryÌý1, 2024

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$

2,367

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785

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12

Ìý

3,164

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Foreign currency translation adjustments

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Ìý

—

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(23)

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—

Ìý

(23)

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Balance at MarchÌý31, 2024

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$

2,367

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762

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12

Ìý

3,141

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Intangible Assets Subject to Amortization

Amortization expense for intangible assets with finite useful lives was $77 million and $74 million for the three months ended MarchÌý31, 2024 and 2023, respectively. Based on its amortizable intangible assets as of MarchÌý31, 2024, 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 2024

ÌýÌýÌýÌý

$

215

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2025

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$

171

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2026

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$

103

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2027

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$

8

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2028

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$

—

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