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)

9 Months Ended

Sep. 30, 2015

Information About Liberty's Operating Segments

Performance Measures By Segment


		Three months ended September 30,
		2015					2014
					Adjusted				Adjusted
		Revenue			OIBDA		Revenue		OIBDA
		amounts in millions
QVC Group
QVC		$	2,007		430		2,020		439
Digital Commerce			NA		NA		310		(2)
Corporate and other			—		(9)		—		(6)
Total QVC Group			2,007		421		2,330		431
Ventures Group
Digital Commerce			146		17		NA		NA
Corporate and other			—		(4)		—		(6)
Total Ventures Group			146		13		—		(6)
Consolidated Liberty		$	2,153		434		2,330		425


		Nine months ended September 30,
		2015					2014
					Adjusted				Adjusted
		Revenue			OIBDA		Revenue		OIBDA
		amounts in millions
QVC Group
QVC		$	5,943		1,286		6,020		1,290
Digital Commerce			NA		NA		1,227		53
Corporate and other			—		(19)		—		(16)
Total QVC Group			5,943		1,267		7,247		1,327
Ventures Group
Digital Commerce			676		58		NA		NA
Corporate and other			—		(13)		—		(12)
Total Ventures Group			676		45		—		(12)
Consolidated Liberty		$	6,619		1,312		7,247		1,315

Other Information By Segment


		September 30, 2015
		Total			Investments		Capital
		assets			In affiliates		expenditures
		amounts in millions
QVC Group
QVC		$	12,141		45		132
Corporate and other			447		159		—
Total QVC Group			12,588		204		132
Ventures Group
Digital Commerce			783		343		32
Corporate and other			5,120		959		—
Total Ventures Group			5,903		1,302		32
Inter-group eliminations			(206)		—		—
Consolidated Liberty		$	18,285		1,506		164

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


		Three months ended					Nine months ended
		September 30,					September 30,
		2015			2014		2015		2014
		amounts in millions
Consolidated segment Adjusted OIBDA		$	434		425		1,312		1,315
Stock-based compensation			(37)		(20)		(81)		(71)
Impairment of intangible assets			—		—		—		(7)
Depreciation and amortization			(150)		(166)		(479)		(493)
Interest expense			(88)		(99)		(273)		(292)
Share of earnings (loss) of affiliates, net			31		36		121		38
Realized and unrealized gains (losses) on financial instruments, net			70		18		98		(48)
Gains (losses) on dispositions, net			(1)		—		110		—
Other, net			25		(38)		11		(28)
Earnings (loss) before income taxes		$	284		156		819		414