Information About Qurate Retail's Operating Segments (Tables)
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12 Months Ended |
Dec. 31, 2022 |
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| Information About Qurate Retail's Operating Segments |
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| Performance Measures |
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Years ended December 31, |
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2022 |
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2021 |
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2020 |
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Adjusted |
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Adjusted |
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Adjusted |
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Revenue |
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OIBDA |
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Revenue |
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OIBDA |
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Revenue |
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OIBDA |
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amounts in millions |
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QxH |
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$ |
7,359 |
|
750 |
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8,277 |
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1,439 |
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8,505 |
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1,547 |
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QVC International |
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2,528 |
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358 |
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3,077 |
|
562 |
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2,967 |
|
510 |
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CBI |
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1,313 |
|
78 |
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1,238 |
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137 |
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1,070 |
|
94 |
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Corporate and other |
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|
906 |
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(122) |
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1,453 |
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(58) |
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1,636 |
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47 |
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Inter-segment eliminations |
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— |
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— |
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(1) |
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— |
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(1) |
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— |
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Consolidated Qurate Retail |
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$ |
12,106 |
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1,064 |
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14,044 |
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2,080 |
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14,177 |
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2,198 |
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| Other Information By Segment |
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December 31, 2022 |
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December 31, 2021 |
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Total |
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Capital |
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Total |
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Capital |
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assets |
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expenditures |
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assets |
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expenditures |
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amounts in millions |
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QxH |
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$ |
8,731 |
|
178 |
|
12,302 |
|
169 |
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QVC International |
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1,933 |
|
38 |
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2,214 |
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41 |
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CBI |
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|
558 |
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39 |
|
485 |
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14 |
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Corporate and other |
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1,349 |
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13 |
|
1,201 |
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20 |
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Consolidated Qurate Retail |
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$ |
12,571 |
|
268 |
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16,202 |
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244 |
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| Reconciliation Of Segment Adjusted OIBDA To Operating income (loss) and Earnings (Loss) From Continuing Operations Before Income Taxes |
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Years ended December 31, |
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2022 |
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2021 |
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2020 |
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amounts in millions |
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Consolidated segment Adjusted OIBDA |
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$ |
1,064 |
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2,080 |
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2,198 |
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Stock-based compensation |
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(60) |
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(72) |
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(64) |
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Depreciation and amortization |
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(481) |
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(537) |
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(562) |
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Restructuring and fire related (costs), net of recoveries |
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(3) |
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(21) |
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— |
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Gains on sale leaseback transactions |
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|
520 |
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— |
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— |
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Impairment of intangible assets |
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(3,081) |
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(363) |
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— |
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Operating income |
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(2,041) |
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1,087 |
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1,572 |
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Interest expense |
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(456) |
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(468) |
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(408) |
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Share of earnings (loss) of affiliates, net |
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(1) |
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(94) |
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(156) |
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Realized and unrealized gains (losses) on financial instruments, net |
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41 |
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99 |
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(110) |
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Gains (losses) on transactions, net |
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— |
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10 |
|
224 |
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Tax sharing income (expense) with Liberty Broadband |
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|
79 |
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10 |
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(39) |
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Other, net |
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|
70 |
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(6) |
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(32) |
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Earnings (loss) from continuing operations before income taxes |
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$ |
(2,308) |
|
638 |
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1,051 |
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| Schedule of Revenue by geographic area |
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Years ended December 31, |
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2022 |
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2021 |
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2020 |
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amounts in millions |
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United States |
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$ |
9,514 |
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10,864 |
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11,119 |
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Japan |
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1,017 |
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1,167 |
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1,132 |
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Germany |
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|
813 |
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1,027 |
|
978 |
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Other foreign countries |
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|
762 |
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986 |
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948 |
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$ |
12,106 |
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14,044 |
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14,177 |
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| Schedule of Long-lived Assets by Geographic Area |
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December 31, |
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2022 |
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2021 |
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amounts in millions |
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U.S. |
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$ |
378 |
|
686 |
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Japan |
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|
104 |
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123 |
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Germany |
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36 |
|
121 |
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Other foreign countries |
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|
52 |
|
100 |
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$ |
570 |
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1,030 |
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