diff --git a/doc/muxers.texi b/doc/muxers.texi
index 55e06a3437..2de6a4ee92 100644
--- a/doc/muxers.texi
+++ b/doc/muxers.texi
@@ -822,7 +822,7 @@ Select the listing format.
 @end table
 
 @item segment_list_size @var{size}
-Update the list file so that it contains at most the last @var{size}
+Update the list file so that it contains at most @var{size}
 segments. If 0 the list file will contain all the segments. Default
 value is 0.
 
diff --git a/libavformat/segment.c b/libavformat/segment.c
index f8227d149e..3de462326a 100644
--- a/libavformat/segment.c
+++ b/libavformat/segment.c
@@ -333,7 +333,7 @@ static int segment_end(AVFormatContext *s, int write_trailer, int is_last)
             seg->segment_list_entries_end = entry;
 
             /* drop first item */
-            if (seg->list_size && seg->segment_count > seg->list_size) {
+            if (seg->list_size && seg->segment_count >= seg->list_size) {
                 entry = seg->segment_list_entries;
                 seg->segment_list_entries = seg->segment_list_entries->next;
                 av_free(entry->filename);