Qurate Retail, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Information About Liberty's Operating Segments (Tables)

Information About Liberty's Operating Segments (Tables)

6 Months Ended

Jun. 30, 2015

Information About Liberty's Operating Segments

Performance Measures By Segment


		Three months ended June 30,
		2015					2014
					Adjusted				Adjusted
		Revenue			OIBDA		Revenue		OIBDA
		amounts in millions
QVC Group
QVC		$	1,998		449		2,014		439
Digital Commerce			NA		NA		469		27
Corporate and other			—		(4)		—		(6)
Total QVC Group			1,998		445		2,483		460
Ventures Group
Digital Commerce			254		19		NA		NA
Corporate and other			—		(5)		—		(4)
Total Ventures Group			254		14		—		(4)
Consolidated Liberty		$	2,252		459		2,483		456


		Six months ended June 30,
		2015					2014
					Adjusted				Adjusted
		Revenue			OIBDA		Revenue		OIBDA
		amounts in millions
QVC Group
QVC		$	3,936		856		4,000		851
Digital Commerce			NA		NA		917		55
Corporate and other			—		(10)		—		(10)
Total QVC Group			3,936		846		4,917		896
Ventures Group
Digital Commerce			530		41		NA		NA
Corporate and other			—		(9)		—		(6)
Total Ventures Group			530		32		—		(6)
Consolidated Liberty		$	4,466		878		4,917		890

Other Information By Segment


		June 30, 2015
		Total			Investments		Capital
		assets			In affiliates		expenditures
		amounts in millions
QVC Group
QVC		$	12,019		45		80
Corporate and other			332		151		—
Total QVC Group			12,351		196		80
Ventures Group
Digital Commerce			847		358		24
Corporate and other			5,148		967		—
Total Ventures Group			5,995		1,325		24
Inter-group eliminations			(204)		—		—
Consolidated Liberty		$	18,142		1,521		104

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


		Three months ended					Six months ended
		June 30,					June 30,
		2015			2014		2015		2014
		amounts in millions
Consolidated segment Adjusted OIBDA		$	459		456		878		890
Stock-based compensation			(29)		(26)		(44)		(51)
Impairment of intangible assets			—		(7)		—		(7)
Depreciation and amortization			(161)		(164)		(329)		(327)
Interest expense			(90)		(98)		(185)		(193)
Share of earnings (loss) of affiliates, net			87		4		90		2
Realized and unrealized gains (losses) on financial instruments, net			32		(41)		28		(66)
Gains (losses) on dispositions, net			111		—		111		—
Other, net			(29)		3		(14)		10
Earnings (loss) before income taxes		$	380		127		535		258