Quarterly report pursuant to Section 13 or 15(d)

Guarantor/Non-Guarantor Subsidiary Financial Information (Statement of Operations) (Details)

v3.19.2
Guarantor/Non-Guarantor Subsidiary Financial Information (Statement of Operations) (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Condensed Financial Statements, Captions [Line Items]        
Revenues $ 2,514 $ 2,556 $ 5,015 $ 5,158
Cost of goods sold (exclusive of depreciation and amortization shown separately below) 1,578 1,589 3,188 3,245
Operating costs and expenses:        
Operating 179 209 356 422
Selling, general and administrative, including transaction related costs and stock-based compensation 268 270 538 547
Depreciation 54 43 100 87
Amortization 70 55 142 111
Operating expenses 2,149 2,166 4,324 4,412
Operating income 365 390 691 746
Interest expense, net (60) (68) (121) (133)
Foreign currency gain (loss) 0 2 (3) 1
Intercompany Interest (Expense) Income 0 0 0 0
Nonoperating Income (Expense) (62) (68) (128) (132)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 303 322 563 614
Equity in losses of investee (1) (2) (1) (1)
Gain on Derivative Instruments, Pretax (1)   (3)  
Other (expense) income:        
Income tax expense (85) (78) (159) (158)
Equity in earnings of subsidiaries, net of tax 0 0 0 0
Net income 218 244 404 456
Less net income attributable to the noncontrolling interest (12) (11) (22) (22)
Net income attributable to QVC, Inc. stockholder 206 233 382 434
Parent issuer- QVC, Inc.        
Condensed Financial Statements, Captions [Line Items]        
Revenues 1,423 1,460 2,810 2,915
Cost of goods sold (exclusive of depreciation and amortization shown separately below) 847 858 1,692 1,736
Operating costs and expenses:        
Operating 101 97 204 199
Selling, general and administrative, including transaction related costs and stock-based compensation 286 273 559 552
Depreciation 15 17 31 33
Amortization 18 19 37 39
Operating expenses 1,267 1,264 2,523 2,559
Operating income 156 196 287 356
Interest expense, net (59) (57) (120) (114)
Foreign currency gain (loss) 1 6 (1) 2
Intercompany Interest (Expense) Income 8 (8) 16 (15)
Nonoperating Income (Expense) (51) (59) (108) (127)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 105 137 179 229
Equity in losses of investee 0 0 0 0
Gain on Derivative Instruments, Pretax (1)   (3)  
Other (expense) income:        
Income tax expense (32) (38) (58) (60)
Equity in earnings of subsidiaries, net of tax 145 145 283 287
Net income 218 244 404 456
Less net income attributable to the noncontrolling interest (12) (11) (22) (22)
Net income attributable to QVC, Inc. stockholder 206 233 382 434
Combined subsidiary guarantors        
Condensed Financial Statements, Captions [Line Items]        
Revenues 695 691 1,408 1,423
Cost of goods sold (exclusive of depreciation and amortization shown separately below) 342 335 715 706
Operating costs and expenses:        
Operating 98 123 192 249
Selling, general and administrative, including transaction related costs and stock-based compensation 45 62 99 131
Depreciation 9 9 18 18
Amortization 48 34 98 67
Operating expenses 542 563 1,122 1,171
Operating income 153 128 286 252
Interest expense, net 0 (9) 2 (17)
Foreign currency gain (loss) 0 0 0 0
Intercompany Interest (Expense) Income 10 38 18 76
Nonoperating Income (Expense) 10 29 20 60
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 163 157 306 312
Equity in losses of investee 0 0 0 0
Gain on Derivative Instruments, Pretax 0   0  
Other (expense) income:        
Income tax expense (32) (27) (57) (62)
Equity in earnings of subsidiaries, net of tax 0 9 5 34
Net income 131 139 254 284
Less net income attributable to the noncontrolling interest 0 0 0 0
Net income attributable to QVC, Inc. stockholder 131 139 254 284
Combined non-guarantor subsidiaries        
Condensed Financial Statements, Captions [Line Items]        
Revenues 693 704 1,390 1,432
Cost of goods sold (exclusive of depreciation and amortization shown separately below) 422 433 851 880
Operating costs and expenses:        
Operating 67 70 137 144
Selling, general and administrative, including transaction related costs and stock-based compensation 114 116 226 229
Depreciation 30 17 51 36
Amortization 4 2 7 5
Operating expenses 637 638 1,272 1,294
Operating income 56 66 118 138
Interest expense, net (1) (2) (3) (2)
Foreign currency gain (loss) (1) (4) (2) (1)
Intercompany Interest (Expense) Income (18) (30) (34) (61)
Nonoperating Income (Expense) (21) (38) (40) (65)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 35 28 78 73
Equity in losses of investee (1) (2) (1) (1)
Gain on Derivative Instruments, Pretax 0   0  
Other (expense) income:        
Income tax expense (21) (13) (44) (36)
Equity in earnings of subsidiaries, net of tax 0 0 0 0
Net income 14 15 34 37
Less net income attributable to the noncontrolling interest (12) (11) (22) (22)
Net income attributable to QVC, Inc. stockholder 2 4 12 15
Eliminations        
Condensed Financial Statements, Captions [Line Items]        
Revenues (297) (299) (593) (612)
Cost of goods sold (exclusive of depreciation and amortization shown separately below) (33) (37) (70) (77)
Operating costs and expenses:        
Operating (87) (81) (177) (170)
Selling, general and administrative, including transaction related costs and stock-based compensation (177) (181) (346) (365)
Depreciation 0 0 0 0
Amortization 0 0 0 0
Operating expenses (297) (299) (593) (612)
Operating income 0 0 0 0
Interest expense, net 0 0 0 0
Foreign currency gain (loss) 0 0 0 0
Intercompany Interest (Expense) Income 0 0 0 0
Nonoperating Income (Expense) 0 0 0 0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 0 0 0 0
Equity in losses of investee 0 0 0 0
Gain on Derivative Instruments, Pretax 0   0  
Other (expense) income:        
Income tax expense 0 0 0 0
Equity in earnings of subsidiaries, net of tax (145) (154) (288) (321)
Net income (145) (154) (288) (321)
Less net income attributable to the noncontrolling interest 12 11 22 22
Net income attributable to QVC, Inc. stockholder (133) (143) (266) (299)
QVC-International        
Condensed Financial Statements, Captions [Line Items]        
Revenues 640 656 1,284 1,332
Operating costs and expenses:        
Depreciation 26 13 44 28
Amortization 3 3 6 6
QxH [Member]        
Condensed Financial Statements, Captions [Line Items]        
Revenues 1,874 1,900 3,731 3,826
Operating costs and expenses:        
Depreciation 28 30 56 59
Amortization 67 52 136 105
Home        
Condensed Financial Statements, Captions [Line Items]        
Revenues 886 886 1,812 1,872
Home | QVC-International        
Condensed Financial Statements, Captions [Line Items]        
Revenues 231 235 478 495
Home | QxH [Member]        
Condensed Financial Statements, Captions [Line Items]        
Revenues 655 651 1,334 1,377
Apparel        
Condensed Financial Statements, Captions [Line Items]        
Revenues 452 494 890 938
Operating costs and expenses:        
Gain on Derivative Instruments, Pretax       0
Apparel | QVC-International        
Condensed Financial Statements, Captions [Line Items]        
Revenues 108 116 220 235
Operating costs and expenses:        
Gain on Derivative Instruments, Pretax       1
Apparel | QxH [Member]        
Condensed Financial Statements, Captions [Line Items]        
Revenues 344 378 670 703
Operating costs and expenses:        
Gain on Derivative Instruments, Pretax       0
Beauty        
Condensed Financial Statements, Captions [Line Items]        
Revenues 475 474 910 924
Beauty | QVC-International        
Condensed Financial Statements, Captions [Line Items]        
Revenues 158 158 301 302
Beauty | QxH [Member]        
Condensed Financial Statements, Captions [Line Items]        
Revenues 317 316 609 622
Accessories        
Condensed Financial Statements, Captions [Line Items]        
Revenues 312 302 594 587
Accessories | QVC-International        
Condensed Financial Statements, Captions [Line Items]        
Revenues 65 72 127 139
Accessories | QxH [Member]        
Condensed Financial Statements, Captions [Line Items]        
Revenues 247 230 467 448
Electronics        
Condensed Financial Statements, Captions [Line Items]        
Revenues 195 186 401 386
Electronics | QVC-International        
Condensed Financial Statements, Captions [Line Items]        
Revenues 22 22 47 48
Electronics | QxH [Member]        
Condensed Financial Statements, Captions [Line Items]        
Revenues 173 164 354 338
Jewelry        
Condensed Financial Statements, Captions [Line Items]        
Revenues 143 161 307 348
Jewelry | QVC-International        
Condensed Financial Statements, Captions [Line Items]        
Revenues 50 48 102 103
Jewelry | QxH [Member]        
Condensed Financial Statements, Captions [Line Items]        
Revenues 93 113 205 245
Other revenue        
Condensed Financial Statements, Captions [Line Items]        
Revenues 51 53 101 103
Other revenue | QVC-International        
Condensed Financial Statements, Captions [Line Items]        
Revenues 6 5 9 10
Other revenue | QxH [Member]        
Condensed Financial Statements, Captions [Line Items]        
Revenues $ 45 $ 48 $ 92 $ 93