Quarterly report [Sections 13 or 15(d)]

Consolidated Balance Sheets

v3.25.3
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Sep. 30, 2024
Current assets:      
Cash Equivalents, at Carrying Value $ 1,328 $ 297 $ 297
Accounts Receivable, after Allowance for Credit Loss, Current 829 1,134  
Inventories 1,018 901  
Other current assets 186 172  
Total current assets 3,361 2,504  
Noncurrent assets:      
Property, Plant and Equipment, Net 321 410 410
Goodwill 808 2,204  
Indefinite-Lived Trade Names 1,190 2,120 2,120
Finite-Lived Intangible Assets, Net 361   385
Operating Lease, Right-of-Use Asset 468 482  
Other noncurrent assets 58 44  
Asset, Held-for-Sale, Not Part of Disposal Group 22 0  
Total assets 8,329 9,889 9,889
Current liabilities:      
Accounts payable 612 722  
Accrued liabilities 660 874  
Current debt (note 4) 1 585  
Other Liabilities, Current 49 52  
Total current liabilities 1,322 2,233  
Noncurrent liabilities:      
Long-term debt (note 4) 5,022 3,313  
Deferred Income Tax Liabilities, Net 178 394  
Operating Lease, Liability, Noncurrent 466 475  
Other liabilities 86 105  
Total liabilities 7,074 6,520  
Stockholder's equity:      
Common Stock, Value, Issued 0 0  
Additional paid-in capital 11,205 11,201  
Accumulated deficit (9,785) (7,538)  
Accumulated other comprehensive earnings (loss) (251) (370)  
Total stockholder's equity 1,169 3,293  
Noncontrolling interest in equity of subsidiary 86 76  
Total equity 1,255 3,369 $ 4,700
Total liabilities and equity 8,329 9,889  
Qurate      
Noncurrent assets:      
Repayment of Notes Receivable from Related Parties $ 1,740 $ 1,740