Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

v3.19.2
Intangible Assets
6 Months Ended
Jun. 30, 2019
Intangible Assets  
Intangible Assets

(6)   Intangible Assets

Goodwill

Changes in the carrying amount of goodwill are as follows:

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Corporate and

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QxH

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QVC Int'l

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Zulily

    

Other

    

Total

 

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amounts in millions

 

Balance at January 1, 2019

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$

5,228

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860

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917

 

12

 

7,017

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Foreign currency translation adjustments

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—

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4

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—

 

—

 

4

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Balance at June 30, 2019

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$

5,228

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864

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917

 

12

 

7,021

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Intangible Assets Subject to Amortization

Amortization expense for intangible assets with finite useful lives was $94 million and $106 million for the three months ended June 30, 2019 and 2018, respectively, and $194 million and $215 million for the six months ended June 30, 2019 and 2018, respectively. Based on its amortizable intangible assets as of June 30, 2019, Qurate Retail expects that amortization expense will be as follows for the next five years (amounts in millions):

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Remainder of 2019

    

$

196

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2020

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$

325

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2021

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$

193

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2022

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$

96

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2023

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$

80

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