jvidÊÓƵ

Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

v3.24.3
Intangible Assets
9 Months Ended
Sep. 30, 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

Ìý

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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11

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—

Ìý

11

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Balance at SeptemberÌý30, 2024

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$

2,367

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796

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12

Ìý

3,175

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Intangible Assets Subject to Amortization

Amortization expense for intangible assets with finite useful lives was $73 million and $79 million for the three months ended SeptemberÌý30, 2024 and 2023, respectively, and $223 million and $231 million for the nine months ended SeptemberÌý30, 2024 and 2023, respectively. Based on its amortizable intangible assets as of SeptemberÌý30, 2024, jvidÊÓƵ expects that amortization expense will be as follows for the next five years (amounts in millions):

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Remainder of 2024

ÌýÌýÌýÌý

$

77

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2025

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$

206

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2026

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$

130

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2027

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$

24

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2028

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$

—

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