Quarterly report pursuant to Section 13 or 15(d)

Information About Liberty's Operating Segments (Tables)

v3.10.0.1
Information About Liberty's Operating Segments (Tables)
 6 Months Ended
Jun. 30, 2018
Information About Liberty's Operating Segments  
Performance Measures By Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended  June 30,

 

 

 

2018

 

2017

 

 

    

 

 

    

Adjusted

    

 

    

Adjusted

 

 

 

Revenue

 

OIBDA

 

Revenue

 

OIBDA

 

 

 

amounts in millions

 

QVC U.S.

 

$

1,427

 

355

 

1,367

 

361

 

QVC International

 

 

656

 

100

 

612

 

107

 

HSN

 

 

473

 

46

 

NA

 

NA

 

zulily

 

 

415

 

29

 

367

 

26

 

Corporate and other

 

 

262

 

12

 

 6

 

(13)

 

Consolidated Qurate Retail

 

$

3,233

 

542

 

2,352

 

481

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six months ended June 30,

 

 

 

2018

 

2017

 

 

    

 

 

    

Adjusted

    

 

    

Adjusted

 

 

 

Revenue

 

OIBDA

 

Revenue

 

OIBDA

 

 

 

amounts in millions

 

QVC U.S.

 

$

2,844

 

681

 

2,737

 

697

 

QVC International

 

 

1,332

 

207

 

1,207

 

205

 

HSN

 

 

982

 

89

 

NA

 

NA

 

zulily

 

 

834

 

56

 

726

 

41

 

Corporate and other

 

 

471

 

 1

 

10

 

(25)

 

Inter-segment eliminations

 

 

 —

 

 —

 

(1)

 

 —

 

Consolidated Qurate Retail

 

$

6,463

 

1,034

 

4,679

 

918

 

 

Other Information By Segment

 

 

 

 

 

 

 

 

 

 

 

June 30, 2018

 

 

 

Total assets

 

Investments in affiliates

 

Capital expenditures

 

 

 

amounts in millions

 

QVC U.S.

 

$

9,191

 

40

 

42

 

QVC International

 

 

2,148

 

 —

 

26

 

HSN

 

 

2,723

 

 —

 

 6

 

zulily

 

 

2,245

 

 —

 

12

 

Corporate and other

 

 

1,522

 

139

 

12

 

Consolidated Qurate Retail

 

$

17,829

 

179

 

98

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended 

 

Six months ended

 

 

 

June 30,

 

June 30,

 

 

    

2018

    

2017

    

2018

    

2017

 

 

 

amounts in millions

 

Consolidated segment Adjusted OIBDA

 

$

542

 

481

 

1,034

 

918

 

Stock-based compensation

 

 

(23)

 

(21)

 

(46)

 

(37)

 

Depreciation and amortization

 

 

(159)

 

(206)

 

(322)

 

(414)

 

Transaction related costs

 

 

(2)

 

 —

 

(14)

 

 —

 

Operating income (loss)

 

 

358

 

254

 

652

 

467

 

Interest expense

 

 

(96)

 

(89)

 

(194)

 

(179)

 

Share of earnings (loss) of affiliates, net

 

 

(46)

 

(9)

 

(60)

 

(36)

 

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

 

 

20

 

101

 

119

 

276

 

Other, net

 

 

(13)

 

(7)

 

(9)

 

(6)

 

Earnings (loss) before income taxes

 

$

223

 

250

 

508

 

522