| Performance Measures By Segment |
Performance Measures
|
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|
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|
Ìý |
Nine months ended
September 30, |
Ìý |
2012 |
Ìý |
2011 |
Ìý |
Revenue |
Ìý |
Adjusted
OIBDA
|
Ìý |
Revenue |
Ìý |
Adjusted
OIBDA
|
Ìý |
amounts in millions |
QVC |
$ |
5,824 |
|
Ìý |
1,225 |
|
Ìý |
5,619 |
|
Ìý |
1,154 |
|
E-commerce |
1,051 |
|
Ìý |
61 |
|
Ìý |
918 |
|
Ìý |
74 |
|
Expedia, Inc. |
3,055 |
|
Ìý |
623 |
|
Ìý |
2,662 |
|
Ìý |
561 |
|
Corporate and other |
— |
|
Ìý |
(20 |
) |
Ìý |
— |
|
Ìý |
(23 |
) |
Total |
9,930 |
|
Ìý |
1,889 |
|
Ìý |
9,199 |
|
Ìý |
1,766 |
|
Eliminate equity method affiliates |
(3,055 |
) |
Ìý |
(623 |
) |
Ìý |
(2,662 |
) |
Ìý |
(561 |
) |
ÌýÌýÌýÌýConsolidated |
$ |
6,875 |
|
Ìý |
1,266 |
|
Ìý |
6,537 |
|
Ìý |
1,205 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ìý |
Three months ended
September 30, |
Ìý |
2012 |
Ìý |
2011 |
Ìý |
Revenue |
Ìý |
Adjusted
OIBDA
|
Ìý |
Revenue |
Ìý |
Adjusted
OIBDA
|
Ìý |
amounts in millions |
QVC |
$ |
1,918 |
|
Ìý |
397 |
|
Ìý |
1,886 |
|
Ìý |
373 |
|
E-commerce |
278 |
|
Ìý |
4 |
|
Ìý |
247 |
|
Ìý |
9 |
|
Expedia, Inc. |
1,199 |
|
Ìý |
298 |
|
Ìý |
1,021 |
|
Ìý |
279 |
|
Corporate and other |
— |
|
Ìý |
(8 |
) |
Ìý |
— |
|
Ìý |
(5 |
) |
ÌýÌýÌýÌýTotal |
3,395 |
|
Ìý |
691 |
|
Ìý |
3,154 |
|
Ìý |
656 |
|
Eliminate equity method affiliates |
(1,199 |
) |
Ìý |
(298 |
) |
Ìý |
(1,021 |
) |
Ìý |
(279 |
) |
ÌýÌýÌýÌýConsolidated |
$ |
2,196 |
|
Ìý |
393 |
|
Ìý |
2,133 |
|
Ìý |
377 |
|
|
| Other Information By Segment |
Other Information
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|
Ìý |
SeptemberÌý30, 2012 |
Ìý |
Total
assets
|
Ìý |
Investments
in
affiliates
|
Ìý |
Capital
expenditures
|
Ìý |
amounts in millions |
QVC |
$ |
13,051 |
|
Ìý |
53 |
|
Ìý |
165 |
|
E-commerce |
1,533 |
|
Ìý |
11 |
|
Ìý |
72 |
|
Expedia, Inc. |
7,508 |
|
Ìý |
— |
|
Ìý |
— |
|
Corporate and other |
3,959 |
|
Ìý |
1,245 |
|
Ìý |
— |
|
ÌýÌýÌýÌýTotal |
26,051 |
|
Ìý |
1,309 |
|
Ìý |
237 |
|
Eliminate equity method affiliates |
(7,508 |
) |
Ìý |
— |
|
Ìý |
— |
|
ÌýÌýÌýÌýConsolidated |
$ |
18,543 |
|
Ìý |
1,309 |
|
Ìý |
237 |
|
|
| Reconciliation Of Segment Adjusted OIBDA To Earnings (Loss) From Continuing Operations Before Income Taxes |
The following table provides a reconciliation of segment Adjusted OIBDA to earnings (loss) from continuing operations before income taxes:
|
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|
|
|
|
|
|
|
|
|
|
|
Ìý |
Three months ended
September 30, |
Ìý |
Nine months ended
September 30, |
Ìý |
2012 |
Ìý |
2011 |
Ìý |
2012 |
Ìý |
2011 |
Ìý |
amounts in millions |
Consolidated segment Adjusted OIBDA |
$ |
393 |
|
Ìý |
377 |
|
Ìý |
1,266 |
|
Ìý |
1,205 |
|
ÌýÌýStock-based compensation |
(18 |
) |
Ìý |
(2 |
) |
Ìý |
(53 |
) |
Ìý |
(32 |
) |
Impairment of goodwill |
(39 |
) |
Ìý |
— |
|
Ìý |
(39 |
) |
Ìý |
— |
|
ÌýÌýDepreciation and amortization |
(147 |
) |
Ìý |
(151 |
) |
Ìý |
(437 |
) |
Ìý |
(448 |
) |
ÌýÌýInterest expense |
(111 |
) |
Ìý |
(105 |
) |
Ìý |
(324 |
) |
Ìý |
(326 |
) |
ÌýÌýShare of earnings (loss) of affiliates, net |
43 |
|
Ìý |
62 |
|
Ìý |
89 |
|
Ìý |
119 |
|
ÌýÌýRealized and unrealized gains (losses) on financial instruments, net |
(160 |
) |
Ìý |
(91 |
) |
Ìý |
(338 |
) |
Ìý |
(61 |
) |
ÌýÌýGains (losses) on dispositions, net |
— |
|
Ìý |
— |
|
Ìý |
288 |
|
Ìý |
— |
|
ÌýÌýOther, net |
(2 |
) |
Ìý |
(9 |
) |
Ìý |
31 |
|
Ìý |
12 |
|
Earnings (loss) from continuing operations before income taxes |
$ |
(41 |
) |
Ìý |
81 |
|
Ìý |
483 |
|
Ìý |
469 |
|
|