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

Consolidated Statements of Equity

v3.26.1
Consolidated Statements of Equity - USD ($)
$ in Millions
Total
Common stock
Additional paid-in capital
Accumulated other comprehensive loss
Accumulated deficit
Noncontrolling interest
Balance (in shares) at Dec. 31, 2022   1        
Balance at Dec. 31, 2022 $ 4,572 $ 0 $ 10,869 $ (312) $ (6,080) $ 95
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings (loss) 211       159 52
Foreign currency translation adjustments, net of tax 15     22   (7)
Dividends paid to QVC Group, Inc. and noncontrolling interest (490)       (437) (53)
Impact of tax liability allocation and indemnification agreement with QVC Group, Inc. (3)       (3)  
Stock-based compensation 32   32      
Balance (in shares) at Dec. 31, 2023   1        
Balance at Dec. 31, 2023 4,337 $ 0 10,901 (290) (6,361) 87
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings (loss) (1,022)       (1,069) 47
Foreign currency translation adjustments, net of tax (87)     (80)   (7)
Capital contributions received from QVC Group, Inc. 277   277      
Dividends paid to QVC Group, Inc. and noncontrolling interest (159)       (108) (51)
Impact of tax liability allocation and indemnification agreement with QVC Group, Inc. 1   1      
Withholding taxes on net share settlements of stock-based compensation (1)   (1)      
Stock-based compensation 23   23      
Balance (in shares) at Dec. 31, 2024   1        
Balance at Dec. 31, 2024 3,369 $ 0 11,201 (370) (7,538) 76
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings (loss) (2,127)       (2,168) 41
Foreign currency translation adjustments, net of tax 108     108    
Dividends paid to QVC Group, Inc. and noncontrolling interest (86)       (42) (44)
Stock-based compensation 4   4      
Balance (in shares) at Dec. 31, 2025   1        
Balance at Dec. 31, 2025 $ 1,268 $ 0 $ 11,205 $ (262) $ (9,748) $ 73