Information About Qurate Retail's Operating Segments (Tables)
|
12 Months Ended |
Dec. 31, 2019 |
|---|
| Information About Qurate Retail's Operating Segments |
|
| Summarized Adjusted OIBDA |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Years ended December 31, |
|
|
|
2019 |
|
2018 |
|
2017 |
|
|
|
|
|
|
Adjusted |
|
|
|
Adjusted |
|
|
|
Adjusted |
|
|
|
Revenue |
|
OIBDA |
|
Revenue |
|
OIBDA |
|
Revenue |
|
OIBDA |
|
|
|
amounts in millions |
|
QxH |
|
$ |
8,277 |
|
1,536 |
|
8,544 |
|
1,630 |
|
6,140 |
|
1,455 |
|
QVC International |
|
|
2,709 |
|
446 |
|
2,738 |
|
429 |
|
2,631 |
|
451 |
|
Zulily |
|
|
1,571 |
|
48 |
|
1,817 |
|
108 |
|
1,613 |
|
91 |
|
Corporate and other |
|
|
901 |
|
(1) |
|
973 |
|
(13) |
|
23 |
|
(47) |
|
Inter-segment eliminations |
|
|
— |
|
— |
|
(2) |
|
— |
|
(3) |
|
— |
|
Consolidated Qurate Retail |
|
$ |
13,458 |
|
2,029 |
|
14,070 |
|
2,154 |
|
10,404 |
|
1,950 |
|
|
| Other Information By Segment |
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|
December 31, 2019 |
|
December 31, 2018 |
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|
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|
Investments |
|
|
|
|
|
Investments |
|
|
|
|
|
Total |
|
in |
|
Capital |
|
Total |
|
in |
|
Capital |
|
|
|
assets |
|
affiliates |
|
expenditures |
|
assets |
|
affiliates |
|
expenditures |
|
|
|
amounts in millions |
|
QxH |
|
$ |
12,774 |
|
40 |
|
257 |
|
12,817 |
|
38 |
|
161 |
|
QVC International |
|
|
2,268 |
|
— |
|
34 |
|
2,154 |
|
— |
|
67 |
|
Zulily |
|
|
1,136 |
|
— |
|
23 |
|
2,199 |
|
— |
|
24 |
|
Corporate and other |
|
|
1,127 |
|
86 |
|
11 |
|
671 |
|
97 |
|
23 |
|
Consolidated Qurate Retail |
|
$ |
17,305 |
|
126 |
|
325 |
|
17,841 |
|
135 |
|
275 |
|
|
| Reconciliation Of Segment Adjusted OIBDA To Operating income (loss) and Earnings (Loss) From Continuing Operations Before Income Taxes |
|
|
|
|
|
|
|
|
|
|
|
Years ended December 31, |
|
|
|
2019 |
|
2018 |
|
2017 |
|
|
|
amounts in millions |
|
Consolidated segment Adjusted OIBDA |
|
$ |
2,029 |
|
2,154 |
|
1,950 |
|
Stock-based compensation |
|
|
(71) |
|
(88) |
|
(123) |
|
Depreciation and amortization |
|
|
(606) |
|
(637) |
|
(725) |
|
Transaction related costs |
|
|
(1) |
|
(72) |
|
(59) |
|
Impairment of intangible assets and long lived assets |
|
|
(1,167) |
|
(33) |
|
— |
|
Operating income |
|
|
184 |
|
1,324 |
|
1,043 |
|
Interest expense |
|
|
(374) |
|
(381) |
|
(355) |
|
Share of earnings (loss) of affiliates, net |
|
|
(160) |
|
(162) |
|
(200) |
|
Realized and unrealized gains (losses) on financial instruments, net |
|
|
(251) |
|
76 |
|
145 |
|
Gains (losses) on transactions, net |
|
|
(1) |
|
1 |
|
410 |
|
Tax sharing income (expense) with GCI Liberty, Inc. |
|
|
(26) |
|
32 |
|
— |
|
Other, net |
|
|
6 |
|
(7) |
|
7 |
|
Earnings (loss) from continuing operations before income taxes |
|
$ |
(622) |
|
883 |
|
1,050 |
|
|
| Schedule of Revenue by geographic area |
|
|
|
|
|
|
|
|
|
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|
Years ended December 31, |
|
|
|
2019 |
|
2018 |
|
2017 |
|
|
|
amounts in millions |
|
United States |
|
$ |
10,666 |
|
11,233 |
|
7,684 |
|
Japan |
|
|
1,028 |
|
947 |
|
934 |
|
Germany |
|
|
890 |
|
943 |
|
899 |
|
Other foreign countries |
|
|
874 |
|
947 |
|
887 |
|
|
|
$ |
13,458 |
|
14,070 |
|
10,404 |
|
|
| Schedule of Long-lived Assets by Geographic Area |
|
|
|
|
|
|
|
|
|
December 31, |
|
|
|
2019 |
|
2018 |
|
|
|
amounts in millions |
|
United States |
|
$ |
935 |
|
869 |
|
Japan |
|
|
153 |
|
165 |
|
Germany |
|
|
154 |
|
161 |
|
Other foreign countries |
|
|
109 |
|
127 |
|
|
|
$ |
1,351 |
|
1,322 |
|
|