º¬Ð߲ݴ«Ã½

Quarterly report pursuant to Section 13 or 15(d)

Information º¬Ð߲ݴ«Ã½ º¬Ð߲ݴ«Ã½'s Operating Segments (Tables)

v3.22.1
Information º¬Ð߲ݴ«Ã½ º¬Ð߲ݴ«Ã½'s Operating Segments (Tables)
3 Months Ended
Mar. 31, 2022
Information º¬Ð߲ݴ«Ã½ º¬Ð߲ݴ«Ã½'s Operating Segments Ìý
Schedule of disaggregation of revenue

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​

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Three months ended

​

​

​

MarchÌý31, 2022

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​

​

​

QxH

​

QVC Int'l

​

Zulily

​

Corp and other

​

Total

​

​

in millions

​

Home

​

$

649

​

273

​

61

​

246

​

1,229

​

Apparel

​

​

296

​

117

​

94

​

51

​

558

​

Beauty

​

​

261

​

145

​

11

​

—

​

417

​

Accessories

​

​

202

​

55

​

49

​

—

​

306

​

Electronics

​

​

147

​

26

​

2

​

—

​

175

​

Jewelry

​

​

87

​

52

​

9

​

—

​

148

​

Other revenue

​

​

42

​

2

​

6

​

—

​

50

​

Total Revenue

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$

1,684

​

670

​

232

​

297

​

2,883

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended

​

​

MarchÌý31, 2021

​

​

​

QxH

​

QVC Int'l

​

Zulily

​

Corp and other

​

Total

​

​

in millions

Home

​

$

775

​

324

​

123

​

206

​

1,428

Apparel

​

​

290

​

126

​

135

​

44

​

595

Beauty

​

​

286

​

164

​

19

​

—

​

469

Accessories

​

​

238

​

66

​

75

​

—

​

379

Electronics

​

​

201

​

33

​

4

​

—

​

238

Jewelry

​

​

98

​

60

​

14

​

—

​

172

Other revenue

​

​

48

​

1

​

7

​

—

​

56

Total Revenue

​

$

1,936

​

774

​

377

​

250

​

3,337

Performance Measures

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Three months ended MarchÌý31,

​

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​

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2022

​

2021

​

​

​

amountsÌýinÌýmillions

​

QxH

​

$

225

Ìý

349

​

QVC International

​

​

104

​

143

​

Zulily

​

Ìý

(18)

Ìý

6

​

Corporate and other

​

Ìý

24

Ìý

19

​

Consolidated º¬Ð߲ݴ«Ã½

​

$

335

Ìý

517

​

Other Information By Segment

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​

​

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​

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​

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MarchÌý31, 2022

Ìý

​

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Total assets

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Capital expenditures

Ìý

​

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amountsÌýinÌýmillions

Ìý

QxH

​

$

12,070

Ìý

30

​

QVC International

​

​

2,126

​

4

​

Zulily

​

​

635

​

4

​

Corporate and other

​

Ìý

977

Ìý

5

​

Consolidated º¬Ð߲ݴ«Ã½

​

$

15,808

Ìý

43

​

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

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Three months ended

Ìý

​

​

MarchÌý31,

Ìý

​

ÌýÌýÌýÌý

2022

ÌýÌýÌýÌý

2021

Ìý

​

​

amountsÌýinÌýmillions

Ìý

Adjusted OIBDA

​

$

335

Ìý

517

​

Stock-based compensation

​

Ìý

(15)

Ìý

(16)

​

Depreciation and amortization

​

Ìý

(130)

Ìý

(128)

​

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

​

​

(84)

​

—

​

Operating income (loss)

​

$

106

​

373

​

Interest expense

​

Ìý

(117)

Ìý

(117)

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Share of earnings (loss) of affiliates, net

​

Ìý

(1)

Ìý

(32)

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

​

Ìý

30

Ìý

41

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Other, net

​

Ìý

53

Ìý

13

​

Earnings (loss) before income taxes

​

$

71

Ìý

278

​