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

Other Comprehensive Earnings (Loss) (Tables)

v3.26.1
Other Comprehensive Earnings (Loss) (Tables)
 12 Months Ended
Dec. 31, 2025
Other Comprehensive Income (Loss), before Tax [Abstract]  
Schedule Components of Accumulated Other Comprehensive Earnings (Loss)
The change in the components of accumulated other comprehensive earnings (loss), net of taxes ("AOCI"), is summarized as follows:
Foreign
currency
translation
adjustments		 Share of
AOCI
of equity
affiliates		 Comprehensive
Earnings (loss)
Attributable to
Credit Risk
Adjustments
Other1
AOCI
amounts in millions
Balance at December 31, 2022 $ (349) (5) 298  74  18 
Other comprehensive earnings (loss) attributable to QVC Group, Inc. stockholders 23  5  84  (44) 68 
Balance at December 31, 2023 $ (326) —  382  30  86 
Other comprehensive earnings (loss) attributable to QVC Group, Inc. stockholders (80) —  (21) —  (101)
Balance at December 31, 2024 $ (406) —  361  30  (15)
Other comprehensive earnings (loss) attributable to QVC Group, Inc. stockholders 108  —  206  (8) 306 
Balance at December 31, 2025 $ (298) —  567  22  291 
(1) Recognition of previously unrealized losses (gains) on debt, net of taxes
Schedule Component of Other Comprehensive Earnings (Loss) The following table summarizes the tax effects related to each component of other comprehensive earnings (loss).
Before-tax
amount		 Tax
(expense)
benefit		 Net-of-tax
amount
amounts in millions
Year ended December 31, 2025:
Foreign currency translation adjustments $ 113  (5) 108 
Recognition of previously unrealized losses (gains) on debt, net1
(10) 2  (8)
Comprehensive earnings (loss) attributable to credit risk adjustments 270  (64) 206 
Other comprehensive earnings (loss) $ 373  (67) 306 
Year ended December 31, 2024:
Foreign currency translation adjustments $ (82) (5) (87)
Comprehensive earnings (loss) attributable to credit risk adjustments (27) 6  (21)
Other comprehensive earnings (loss) $ (109) 1  (108)
Year ended December 31, 2023:
Foreign currency translation adjustments $ 17  (2) 15 
Recognition of previously unrealized losses (gains) on debt, net1
(60) 17  (43)
Comprehensive earnings (loss) attributable to credit risk adjustments 111  (27) 84 
Other 5  —  5 
Other comprehensive earnings (loss) $ 73  (12) 61 
(1) Previously unrealized losses (gains) on debt are recognized before-tax in realized and unrealized gains (losses) on financial instruments and the related tax (expense) benefit is recognized in income tax (expense) benefit in the consolidated statement of operations.