Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

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Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2015
Intangible Assets Disclosure [Abstract]  
Changes In The Carrying Amount Of Goodwill

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Digital

 

 

 

 

    

QVC

    

Commerce

    

Total

 

 

 

amounts in millions

 

Balance at January 1, 2015

 

$
5,206

 
198

 
5,404

 

Foreign currency translation adjustments

 

 
(41)

 

 —

 
(41)

 

Disposition (1)

 

 

 —

 
(105)

 
(105)

 

Other

 

 

 —

 
9

 
9

 

Balance at September 30, 2015

 

$
5,165

 
102

 
5,267

 

(1)

As discussed in note 3, Liberty sold Backcountry on June 30, 2015.  Accordingly, the carrying amount of goodwill related to Backcountry was reduced to zero.

 

Amortization Expense For The Next Five Fiscal Years

Based on its amortizable intangible assets as of September 30, 2015, Liberty expects that amortization expense will be as follows for the next five years (amounts in millions):

 

 

 

 

 

 

Remainder of 2015

    

$
102

 

2016

 

$
447

 

2017

 

$
296

 

2018

 

$
39

 

2019

 

$
13