XML 22 R12.htm IDEA: XBRL DOCUMENT v3.20.2
Goodwill
9 Months Ended
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Disclosure Goodwill and Other Intangible Assets, Net
The changes in the carrying amount of goodwill for the nine months ended September 30, 2020 were as follows:
(in millions)QxHQVC-InternationalTotal
Balance as of December 31, 2019$5,112 859 5,971 
Exchange rate fluctuations— 25 25 
Balance as of September 30, 2020$5,112 884 5,996 
Other intangible assets consisted of the following:
September 30, 2020December 31, 2019
(in millions)Gross
cost
Accumulated
amortization
Other intangible assets, net Gross
cost
Accumulated
amortization
Other intangible assets, net
Purchased and internally developed software$942 (675)267 885 (603)282 
Affiliate and customer relationships2,835 (2,542)293 2,829 (2,499)330 
Debt origination fees10 (4)10 (2)
Trademarks (indefinite life)2,878 — 2,878 2,878 — 2,878 
$6,665 (3,221)3,444 6,602 (3,104)3,498 
The Company recorded amortization expense of $36 million for each of the three months ended September 30, 2020 and 2019 related to other intangible assets. For the nine months ended September 30, 2020 and 2019, amortization expense for other intangible assets was $111 million and $112 million, respectively.
As of September 30, 2020, the related amortization and interest expense for each of the next five years ended December 31 was as follows (in millions):
Remainder of 2020$41 
2021154 
2022125 
202389 
202463