jvidÊÓƵ

Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

v3.10.0.1
Intangible Assets
9 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract] Ìý
Intangible Assets

(8)ÌýÌýÌýIntangible Assets

Goodwill

Changes in the carrying amount of goodwill are as follows:

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Ìý

Ìý

Ìý

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Ìý

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Ìý

Ìý

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Ìý

Ìý

Ìý

Ìý

Ìý

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Corporate and

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Ìý

Ìý

Ìý

ÌýÌýÌýÌý

QVC

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HSN

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zulily

ÌýÌýÌýÌý

Other

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Total

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amountsÌýinÌýmillions

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Balance at JanuaryÌý1, 2018

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$

5,190

Ìý

933

Ìý

917

Ìý

42

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7,082

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Foreign currency translation adjustments

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Ìý

(24)

Ìý

Ìý—

Ìý

Ìý—

Ìý

Ìý—

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(24)

Ìý

Disposition (1)

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Ìý

Ìý—

Ìý

Ìý—

Ìý

Ìý—

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(25)

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(25)

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Other (2)

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Ìý

Ìý—

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(21)

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Ìý—

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(3)

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(24)

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Balance at SeptemberÌý30, 2018

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$

5,166

Ìý

912

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917

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14

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7,009

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(1)

As a result of the GCI Liberty Split-Off on March 9, 2018, the Company disposed of its wholly-owned subsidiary Evite, resulting in a $25 million decrease to goodwill.

(2)

As discussed in note 3, the preliminary purchase price allocation for the HSNi acquisition was adjusted, resulting in a decrease to goodwill.Ìý

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Intangible Assets Subject to Amortization

Amortization expense for intangible assets with finite useful lives was $117 million and $137 million for the three months endedÌýSeptemberÌý30, 2018 and 2017, respectively, and $332 million and $462 million for the nine months ended SeptemberÌý30, 2018 and 2017, respectively. Based on its amortizable intangible assets as of SeptemberÌý30, 2018, jvidÊÓƵ expects that amortization expense will be as follows for the next five years (amounts in millions):

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Remainder of 2018

ÌýÌýÌýÌý

$

84

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2019

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$

279

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2020

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$

213

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2021

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$

153

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2022

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$

77

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Ìý