Quarterly report [Sections 13 or 15(d)]

Intangible Assets (Tables)

v3.26.1
Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Changes in the Carrying Amount of Goodwill
Changes in the carrying amount of goodwill for the six months ended June 30, 2026 were as follows:
QVC Int'l
amounts in millions
Balance at December 31, 2025 $ 800 
Foreign currency translation adjustments (23)
Balance at June 30, 2026 $ 777 
Intangible Asset, Finite-Lived
Other intangible assets consist of the following:
June 30, 2026 December 31, 2025
Gross carrying amount Accumulated amortization Intangible assets, net Gross carrying amount Accumulated amortization Intangible assets, net
amounts in millions
Purchased and internally developed software $ 1,165  (980) 185  1,230  (1,015) 215 
Affiliate and customer relationships 2,830  (2,806) 24  2,835  (2,788) 47 
Television distribution rights 155  (105) 50  161  (93) 68 
Other 46  (42) 4  54  (48) 6 
Intangible assets subject to amortization $ 4,196  (3,933) 263  4,280  (3,944) 336 
Tradenames (indefinite life) $ 1,190  1,190  1,190  1,190 
Schedule of Amortization Expense for Future Maturities
As of June 30, 2026, QVC Group expects that amortization expense will be as follows for the next five years (amounts in millions):
Remainder of 2026 $ 113 
2027 93 
2028 41 
2029 11 
2030 2 
2031 3