Quarterly report pursuant to Section 13 or 15(d)

Information About Qurate Retail's Operating Segments (Tables)

v3.23.2
Information About Qurate Retail's Operating Segments (Tables)
6 Months Ended
Jun. 30, 2023
Information About Qurate Retail's Operating Segments  
Schedule of disaggregation of revenue

Three months ended

June 30, 2023

QxH

QVC Int'l

CBI

Corp and other

Total

in millions

Home

$

602

244

275

26

1,147

Apparel

340

111

41

43

535

Beauty

264

143

5

412

Accessories

223

56

28

307

Electronics

82

15

97

Jewelry

65

35

3

103

Other revenue

42

2

4

48

Total Revenue

$

1,618

606

316

109

2,649

Six months ended

June 30, 2023

QxH

QVC Int'l

CBI

Corp and other

Total

in millions

Home

$

1,237

481

489

76

2,283

Apparel

635

224

86

113

1,058

Beauty

510

276

14

800

Accessories

415

107

78

600

Electronics

192

32

2

226

Jewelry

142

74

11

227

Other revenue

88

4

7

99

Total Revenue

$

3,219

1,198

575

301

5,293

Three months ended

June 30, 2022

QxH

QVC Int'l

CBI

Corp and other

Total

in millions

Home

$

680

248

296

53

1,277

Apparel

356

117

45

92

610

Beauty

253

145

10

408

Accessories

241

58

49

348

Electronics

112

25

1

138

Jewelry

71

42

8

121

Other revenue

41

3

7

51

Total Revenue

$

1,754

638

341

220

2,953

Six months ended

June 30, 2022

QxH

QVC Int'l

CBI

Corp and other

Total

in millions

Home

$

1,329

521

542

114

2,506

Apparel

652

234

96

186

1,168

Beauty

514

290

21

825

Accessories

443

113

98

654

Electronics

259

51

3

313

Jewelry

158

94

17

269

Other revenue

83

5

13

101

Total Revenue

$

3,438

1,308

638

452

5,836

Performance Measures

Three months ended June 30,

Six months ended June 30,

2023

2022

2023

2022

amounts in millions

QxH

$

185

 

232

324

 

457

QVC International

77

95

149

199

CBI

 

25

 

44

29

 

75

Corporate and other

 

(17)

 

(24)

(53)

 

(49)

Consolidated Qurate Retail

$

270

 

347

449

 

682

Other Information By Segment

June 30, 2023

 

Total assets

Capital expenditures

 

amounts in millions

 

QxH

$

8,473

 

61

QVC International

1,884

18

CBI

542

3

Corporate and other

 

900

 

23

Consolidated Qurate Retail

$

11,799

 

105

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

Three months ended

Six months ended

 

June 30,

June 30,

 

    

2023

    

2022

    

2023

    

2022

 

amounts in millions

 

Adjusted OIBDA

$

270

 

347

 

449

 

682

Stock-based compensation

 

(14)

 

(16)

 

(30)

 

(31)

Depreciation and amortization

 

(104)

 

(134)

 

(204)

 

(264)

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

208

(22)

208

(106)

Gains on sale of intangible asset and sale leaseback transactions

6

243

119

243

Operating income (loss)

$

366

418

542

524

Interest expense

 

(123)

 

(119)

 

(217)

 

(236)

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

 

(33)

 

7

 

(80)

 

37

Loss on disposition of Zulily, net

(64)

(64)

Gain (loss) on extinguishment of debt

29

(6)

44

(6)

Other, net

 

10

 

41

 

25

 

93

Earnings (loss) before income taxes

$

185

 

341

 

250

 

412