Quarterly report pursuant to Section 13 or 15(d)

Information About Qurate Retail's Operating Segments (Tables)

v3.22.2
Information About Qurate Retail's Operating Segments (Tables)
6 Months Ended
Jun. 30, 2022
Information About Qurate Retail's Operating Segments  
Schedule of disaggregation of revenue

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended

​

​

​

June 30, 2022

​

​

​

​

QxH

​

QVC Int'l

​

Zulily

​

Corp and other

​

Total

​

​

in millions

​

Home

​

$

680

​

248

​

53

​

296

​

1,277

​

Apparel

​

​

356

​

117

​

92

​

45

​

610

​

Beauty

​

​

253

​

145

​

10

​

—

​

408

​

Accessories

​

​

241

​

58

​

49

​

—

​

348

​

Electronics

​

​

112

​

25

​

1

​

—

​

138

​

Jewelry

​

​

71

​

42

​

8

​

—

​

121

​

Other revenue

​

​

41

​

3

​

7

​

—

​

51

​

Total Revenue

​

$

1,754

​

638

​

220

​

341

​

2,953

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Six months ended

​

​

​

June 30, 2022

​

​

​

​

QxH

​

QVC Int'l

​

Zulily

​

Corp and other

​

Total

​

​

in millions

​

Home

​

$

1,329

​

521

​

114

​

542

​

2,506

​

Apparel

​

​

652

​

234

​

186

​

96

​

1,168

​

Beauty

​

​

514

​

290

​

21

​

—

​

825

​

Accessories

​

​

443

​

113

​

98

​

—

​

654

​

Electronics

​

​

259

​

51

​

3

​

—

​

313

​

Jewelry

​

​

158

​

94

​

17

​

—

​

269

​

Other revenue

​

​

83

​

5

​

13

​

—

​

101

​

Total Revenue

​

$

3,438

​

1,308

​

452

​

638

​

5,836

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended

​

​

June 30, 2021

​

​

​

QxH

​

QVC Int'l

​

Zulily

​

Corp and other

​

Total

​

​

in millions

Home

​

$

775

​

309

​

120

​

284

​

1,488

Apparel

​

​

359

​

127

​

162

​

43

​

691

Beauty

​

​

294

​

193

​

16

​

—

​

503

Accessories

​

​

272

​

71

​

77

​

—

​

420

Electronics

​

​

167

​

32

​

3

​

—

​

202

Jewelry

​

​

76

​

54

​

12

​

—

​

142

Other revenue

​

​

46

​

5

​

7

​

—

​

58

Total Revenue

​

$

1,989

​

791

​

397

​

327

​

3,504

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Six months ended

​

​

​

June 30, 2021

​

​

​

​

QxH

​

QVC Int'l

​

Zulily

​

Corp and other

​

Total

​

​

in millions

​

Home

​

$

1,550

​

633

​

243

​

490

​

2,916

​

Apparel

​

​

649

​

253

​

297

​

87

​

1,286

​

Beauty

​

​

580

​

357

​

35

​

—

​

972

​

Accessories

​

​

510

​

137

​

152

​

—

​

799

​

Electronics

​

​

368

​

65

​

7

​

—

​

440

​

Jewelry

​

​

174

​

114

​

26

​

—

​

314

​

Other revenue

​

​

94

​

6

​

14

​

—

​

114

​

Total Revenue

​

$

3,925

​

1,565

​

774

​

577

​

6,841

​

Performance Measures

​

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​

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​

​

​

​

​

​

​

​

​

Three months ended June 30,

​

Six months ended June 30,

​

​

​

​

2022

​

2021

​

​

2022

​

2021

​

​

​

amounts in millions

​

​

​

​

​

​

QxH

​

$

232

 

391

​

​

457

 

740

​

QVC International

​

​

95

​

144

​

​

199

​

287

​

Zulily

​

 

(18)

 

9

​

​

(36)

 

15

​

Corporate and other

​

 

38

 

37

​

​

62

 

56

​

Consolidated Qurate Retail

​

$

347

 

581

​

​

682

 

1,098

​

Other Information By Segment

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​

​

​

​

​

​

​

​

​

June 30, 2022

 

​

​

Total assets

​

Capital expenditures

 

​

​

amounts in millions

 

QxH

​

$

11,609

 

71

​

QVC International

​

​

1,990

​

10

​

Zulily

​

​

592

​

8

​

Corporate and other

​

 

1,038

 

12

​

Consolidated Qurate Retail

​

$

15,229

 

101

​

Reconciliation Of Segment Adjusted OIBDA To Operating income (loss) and Earnings (Loss) From Continuing Operations Before Income Taxes

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended

​

Six months ended

 

​

​

June 30,

​

June 30,

 

​

    

2022

    

2021

    

2022

    

2021

 

​

​

amounts in millions

 

Adjusted OIBDA

​

$

347

 

581

 

682

 

1,098

​

Stock-based compensation

​

 

(16)

 

(19)

 

(31)

 

(35)

​

Depreciation and amortization

​

 

(134)

 

(129)

 

(264)

 

(257)

​

Restructuring and fire related costs, net (including Rocky Mount inventory losses, see note 8)

​

​

(22)

​

—

​

(106)

​

—

​

Gain (loss) on sale of fixed assets, net

​

​

243

​

—

​

243

​

—

​

Operating income (loss)

​

$

418

​

433

​

524

​

806

​

Interest expense

​

 

(119)

 

(118)

 

(236)

 

(235)

​

Share of earnings (loss) of affiliates, net

​

 

—

 

(22)

 

(1)

 

(54)

​

Realized and unrealized gains (losses) on financial instruments, net

​

 

7

 

19

 

37

 

60

​

Other, net

​

 

35

 

(23)

 

88

 

(10)

​

Earnings (loss) before income taxes

​

$

341

 

289

 

412

 

567

​