Annual report [Section 13 and 15(d), not S-K Item 405]

Goodwill and Other Intangible Assets, Net (Tables)

v3.25.0.1
Goodwill and Other Intangible Assets, Net (Tables)
 12 Months Ended
Dec. 31, 2024
Other Intangible Assets [Abstract]  
Schedule of Goodwill
(in millions) QxH QVC-International Total
Balance as of December 31, 2022 $ 2,692  778  3,470 
Impairment (326) —  (326)
Exchange rate fluctuations —  7  7 
Balance as of December 31, 2023 2,366  785  3,151 
Impairment (902) —  (902)
Exchange rate fluctuations —  (45) (45)
Balance as of December 31, 2024 $ 1,464  740  2,204 
Schedule of acquired intangible assets by class
Other intangible assets consisted of the following:
December 31,
2024 2023 Weighted average remaining life (years)
(in millions) Gross
cost		 Accumulated
amortization		 Other intangible assets, net Gross
cost		 Accumulated
amortization		 Other intangible assets, net
Purchased and internally developed software $ 1,094  (852) 242  1,052  (784) 268  2.2
Affiliate and customer relationships 2,816  (2,722) 94  2,825  (2,684) 141  2.0
Debt origination fees 9  (6) 3  9  (5) 4  2.1
Tradenames (indefinite life) 2,120  —  2,120  2,698  —  2,698  N/A
$ 6,039  (3,580) 2,459  6,584  (3,473) 3,111 
Schedule of finite-lived intangible assets future amortization expense
As of December 31, 2024, the related amortization and interest expense for each of the next five years ending December 31 was as follows (in millions):
2025 $ 175 
2026 126 
2027 37 
2028 1 
2029 —