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

Summary of Significant Accounting Policies (Tables)

v3.25.0.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Summary of Significant Accounting Policies  
Schedule of activity in the allowance for credit losses

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Balance

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Additions

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Balance

 

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beginning

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Charged

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Deductions-

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end of

 

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of year

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to expense

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Other

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write-offs

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year

 

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​

amounts in millions

 

2024

    

$

102

    

57

    

(1)

 

    

(67)

 

    

91

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2023

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$

111

    

59

    

(6)

 

    

(62)

 

    

102

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2022

    

$

107

    

82

    

(1)

 

    

(77)

 

    

111

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Schedule of Property and Equipment

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December 31,

 

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2024

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2023

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amounts in millions

 

Land

    

$

63

    

68

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Buildings and improvements

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452

 

421

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Support equipment

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884

 

917

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Projects in progress

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51

 

59

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Finance lease right-of-use ("ROU") assets

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​

10

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10

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Total property and equipment

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$

1,460

 

1,475

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Schedule of disaggregation of revenue

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Year ended December 31, 2024

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QxH

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QVC Int'l

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CBI

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Corp and other

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Total

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amounts in millions

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Home

$

2,626

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975

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864

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—

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4,465

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Apparel

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1,177

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418

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176

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—

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1,771

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Beauty

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1,010

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566

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—

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—

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1,576

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Accessories

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799

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208

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—

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—

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1,007

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Electronics

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539

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69

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—

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—

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608

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Jewelry

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293

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161

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—

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—

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454

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Other revenue

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154

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2

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—

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—

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156

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Total Revenue

$

6,598

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2,399

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1,040

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—

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10,037

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Year ended December 31, 2023

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QxH

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QVC Int'l

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CBI

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Corp and other

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Total

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amounts in millions

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Home

$

2,768

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982

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984

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76

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4,810

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Apparel

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1,207

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436

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181

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113

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1,937

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Beauty

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1,083

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588

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—

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14

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1,685

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Accessories

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846

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208

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—

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79

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1,133

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Electronics

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617

​

68

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—

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2

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687

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Jewelry

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304

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165

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—

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11

​

480

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Other revenue

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170

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7

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—

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6

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183

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Total Revenue

$

6,995

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2,454

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1,165

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301

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10,915

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Year ended December 31, 2022

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QxH

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QVC Int'l

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CBI

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Corp and other

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Total

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amounts in millions

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Home

$

2,866

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998

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1,112

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241

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5,217

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Apparel

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1,243

​

445

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201

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351

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2,240

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Beauty

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1,108

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579

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—

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42

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1,729

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Accessories

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867

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217

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—

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210

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1,294

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Electronics

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775

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92

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—

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7

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874

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Jewelry

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311

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185

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—

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32

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528

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Other revenue

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189

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12

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—

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23

​

224

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Total Revenue

$

7,359

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2,528

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1,313

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906

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12,106

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Schedule of activity in allowance for sales returns

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Balance beginning of year

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Additions - charged to earnings

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Deductions

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Balance end of year

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amounts in millions

2024

$

219

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1,734

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(1,763)

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190

2023

$

215

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1,898

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(1,894)

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219

2022

$

274

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1,917

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(1,976)

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215

Schedule of WASO

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Years ended December 31,

 

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2024

    

2023

    

2022

 

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number of shares in millions

 

Basic WASO

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396

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387

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380

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Potentially dilutive shares

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—

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1

​

3

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Diluted WASO

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396

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388

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383

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