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Annual report pursuant to Section 13 and 15(d)

Condensed Consolidated Statements Of Operations

v3.6.0.2
Condensed Consolidated Statements Of Operations - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenue: Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Total revenue, net Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý $ 10,647 $ 9,989 $ 10,499
Operating costs and expenses: Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Cost of sales Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 6,908 6,393 6,684
Operating expenses Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 707 699 756
Selling, general and administrative, including stock-based compensation Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 1,190 1,078 1,202
Depreciation and amortization Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 874 703 669
Total operating costs and expenses Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 9,679 8,873 9,311
Operating income (loss) $ 372 $ 157 $ 250 $ 189 $ 364 $ 247 $ 269 $ 236 968 1,116 1,188
Other income (expense): Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Interest expense Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý (363) (360) (387)
Share of earnings (losses) of affiliates, net Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý (68) (178) (19)
Realized and unrealized gains (losses) on financial instruments, net Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 1,175 114 (57)
Gains (losses) on transactions, net Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 9 110 74
Gain (Loss) on Sale of Previously Unissued Stock by Subsidiary or Equity Investee, Nonoperating Income Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 65 Ìý Ìý
Other, net Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 131 14 (24)
Total other income (expense) Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 884 (300) (413)
Total Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 1,852 816 775
Income tax (expense) benefit Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý (598) (185) (237)
Earnings (loss) from continuing operations 324 451 387 92 108 166 209 148 1,254 631 538
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 20 280 88
Net earnings (loss) Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 1,274 911 626
Less net earnings (losses) attributable to the noncontrolling interests Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 39 42 89
Net earnings (loss) attributable to Liberty Interactive Corporation shareholders Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 1,235 869 537
QVC Group Common Stock Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Revenue: Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Total revenue, net Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 10,219 9,169 10,028
Operating costs and expenses: Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Cost of sales Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 6,642 5,847 6,378
Operating expenses Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 653 620 719
Selling, general and administrative, including stock-based compensation Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 1,063 875 1,075
Depreciation and amortization Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 850 657 650
Total operating costs and expenses Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 9,208 7,999 8,822
Operating income (loss) Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 1,011 1,170 1,206
Other income (expense): Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Interest expense Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý (289) (283) (312)
Share of earnings (losses) of affiliates, net Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 42 55 51
Realized and unrealized gains (losses) on financial instruments, net Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 2 42 (22)
Other, net Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 42 (6) (43)
Total other income (expense) Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý (203) (192) (326)
Total Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 808 978 880
Income tax (expense) benefit Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý (297) (304) (306)
Earnings (loss) from continuing operations Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 511 674 574
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 0 (15)
Net earnings (loss) Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 511 674 559
Less net earnings (losses) attributable to the noncontrolling interests Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 38 34 39
Net earnings (loss) attributable to Liberty Interactive Corporation shareholders $ 188 $ 61 $ 130 $ 94 $ 223 $ 154 $ 112 $ 151 $ 473 $ 640 $ 520
Earnings (Loss) Per Common Share Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Income (Loss) from Continuing Operations, Per Basic Share $ 0.41 $ 0.13 $ 0.27 $ 0.19 $ 0.45 $ 0.33 $ 0.24 $ 0.32 $ 0.99 $ 1.35 $ 1.10
Income (Loss) from Continuing Operations, Per Diluted Share 0.40 0.13 0.27 0.19 0.44 0.33 0.24 0.31 0.98 1.33 1.09
Earnings Per Share, Basic 0.41 0.13 0.27 0.19 0.45 0.33 0.24 0.32 0.99 1.35 1.07
Earnings Per Share, Diluted $ 0.40 $ 0.13 $ 0.27 $ 0.19 $ 0.44 $ 0.33 $ 0.24 $ 0.31 $ 0.98 $ 1.33 $ 1.06
Liberty Ventures common stock Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Revenue: Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Total revenue, net Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý $ 428 $ 820 $ 471
Operating costs and expenses: Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Cost of sales Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 266 546 306
Operating expenses Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 54 79 37
Selling, general and administrative, including stock-based compensation Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 127 203 127
Depreciation and amortization Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 24 46 19
Total operating costs and expenses Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 471 874 489
Operating income (loss) Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý (43) (54) (18)
Other income (expense): Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Interest expense Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý (74) (77) (75)
Share of earnings (losses) of affiliates, net Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý (110) (233) (70)
Realized and unrealized gains (losses) on financial instruments, net Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 1,173 72 (35)
Gains (losses) on transactions, net Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 9 110 74
Other, net Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 89 20 19
Total other income (expense) Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 1,087 (108) (87)
Total Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 1,044 (162) (105)
Income tax (expense) benefit Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý (301) 119 69
Earnings (loss) from continuing operations Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 743 (43) (36)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 20 280 103
Net earnings (loss) Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 763 237 67
Less net earnings (losses) attributable to the noncontrolling interests Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 1 8 50
Net earnings (loss) attributable to Liberty Interactive Corporation shareholders $ 131 $ 408 $ 249 $ (26) $ 71 $ 36 $ 130 $ (8) $ 762 $ 229 $ 17
Earnings (Loss) Per Common Share Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Income (Loss) from Continuing Operations, Per Basic Share $ 1.15 $ 2.68 $ 1.73 $ (0.07) $ (0.87) $ 0.03 $ 0.57 $ (0.09) $ 5.54 $ (0.36) $ (0.43)
Income (Loss) from Continuing Operations, Per Diluted Share 1.15 2.64 1.72 (0.07) (0.87) 0.03 0.57 (0.09) 5.49 (0.36) (0.43)
Earnings Per Share, Basic 1.21 2.87 1.75 (0.18) 0.50 0.26 0.92 (0.06) 5.69 1.61 0.19
Earnings Per Share, Diluted $ 1.21 $ 2.83 $ 1.74 $ (0.18) $ 0.50 $ 0.25 $ 0.91 $ (0.06) $ 5.64 $ 1.60 $ 0.19