º¬Ð߲ݴ«Ã½

Quarterly report pursuant to Section 13 or 15(d)

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

v3.24.1.u1
Information º¬Ð߲ݴ«Ã½ º¬Ð߲ݴ«Ã½'s Operating Segments (Tables)
3 Months Ended
Mar. 31, 2024
Information º¬Ð߲ݴ«Ã½ º¬Ð߲ݴ«Ã½'s Operating Segments Ìý
Schedule of disaggregation of revenue

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Three months ended

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MarchÌý31, 2024

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QxH

​

QVC Int'l

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CBI

​

Corp and other

​

Total

​

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in millions

​

Home

​

$

589

​

237

​

189

​

—

​

1,015

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Apparel

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​

282

​

108

​

42

​

—

​

432

​

Beauty

​

​

239

​

129

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—

​

—

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368

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Accessories

​

​

201

​

48

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—

​

—

​

249

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Electronics

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​

108

​

15

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—

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—

​

123

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Jewelry

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​

80

​

33

​

—

​

—

​

113

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Other revenue

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​

40

​

2

​

—

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—

​

42

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Total Revenue

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$

1,539

​

572

​

231

​

—

​

2,342

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​

​

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Three months ended

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​

​

MarchÌý31, 2023

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​

​

​

QxH

​

QVC Int'l

​

CBI

​

Corp and other

​

Total

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​

in millions

​

Home

​

$

635

​

237

​

214

​

50

​

1,136

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Apparel

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​

295

​

113

​

45

​

70

​

523

​

Beauty

​

​

246

​

133

​

—

​

9

​

388

​

Accessories

​

​

192

​

51

​

—

​

50

​

293

​

Electronics

​

​

110

​

17

​

—

​

2

​

129

​

Jewelry

​

​

77

​

39

​

—

​

8

​

124

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Other revenue

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​

46

​

2

​

—

​

3

​

51

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Total Revenue

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$

1,601

​

592

​

259

​

192

​

2,644

​

Performance Measures

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Three months ended MarchÌý31,

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2024

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2023

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amountsÌýinÌýmillions

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QxH

​

$

185

Ìý

139

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QVC International

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​

75

​

72

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CBI

​

Ìý

6

Ìý

4

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Corporate and other

​

Ìý

(7)

Ìý

(36)

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Consolidated º¬Ð߲ݴ«Ã½

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$

259

Ìý

179

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Other Information By Segment

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MarchÌý31, 2024

Ìý

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Total assets

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Capital expenditures

Ìý

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amountsÌýinÌýmillions

Ìý

QxH

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$

7,840

Ìý

22

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QVC International

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​

1,793

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10

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CBI

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​

555

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8

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Corporate and other

​

Ìý

793

Ìý

—

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Consolidated º¬Ð߲ݴ«Ã½

​

$

10,981

Ìý

40

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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

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​

MarchÌý31,

Ìý

​

ÌýÌýÌýÌý

2024

ÌýÌýÌýÌý

2023

Ìý

​

​

amountsÌýinÌýmillions

Ìý

Adjusted OIBDA

​

$

259

Ìý

179

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Stock-based compensation

​

Ìý

(16)

Ìý

(16)

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Depreciation and amortization

​

Ìý

(99)

Ìý

(100)

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Gain on sale of assets and sale leaseback transactions

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​

1

​

113

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Operating income (loss)

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$

145

​

176

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Interest expense

​

Ìý

(117)

Ìý

(94)

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Interest and dividend income

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​

12

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11

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

​

Ìý

(7)

Ìý

(32)

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Other, net

​

Ìý

(2)

Ìý

4

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Earnings (loss) before income taxes

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$

31

Ìý

65

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​