| Schedule of Property and Equipment |
|
|
|
|
|
|
|
|
|
December 31, |
|
|
|
2023 |
|
2022 |
|
|
|
|
amounts in millions |
|
Land |
|
$ |
68 |
|
73 |
|
Buildings and improvements |
|
|
421 |
|
453 |
|
Support equipment |
|
|
917 |
|
1,041 |
|
Projects in progress |
|
|
59 |
|
77 |
|
Finance lease right-of-use ("ROU") assets |
|
|
10 |
|
17 |
|
Total property and equipment |
|
$ |
1,475 |
|
1,661 |
|
|
| Schedule of disaggregation of revenue |
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended December 31, 2023 |
|
|
|
QxH |
|
QVC Int'l |
|
CBI |
|
Corp and other |
|
Total |
|
|
|
amounts in millions |
|
Home |
$ |
2,768 |
|
982 |
|
984 |
|
76 |
|
4,810 |
|
Apparel |
|
1,207 |
|
436 |
|
181 |
|
113 |
|
1,937 |
|
Beauty |
|
1,083 |
|
588 |
|
— |
|
14 |
|
1,685 |
|
Accessories |
|
846 |
|
208 |
|
— |
|
79 |
|
1,133 |
|
Electronics |
|
617 |
|
68 |
|
— |
|
2 |
|
687 |
|
Jewelry |
|
304 |
|
165 |
|
— |
|
11 |
|
480 |
|
Other revenue |
|
170 |
|
7 |
|
— |
|
6 |
|
183 |
|
Total Revenue |
$ |
6,995 |
|
2,454 |
|
1,165 |
|
301 |
|
10,915 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended December 31, 2022 |
|
|
|
QxH |
|
QVC Int'l |
|
CBI |
|
Corp and other |
|
Total |
|
|
|
amounts in millions |
|
Home |
$ |
2,866 |
|
998 |
|
1,112 |
|
241 |
|
5,217 |
|
Apparel |
|
1,243 |
|
445 |
|
201 |
|
351 |
|
2,240 |
|
Beauty |
|
1,108 |
|
579 |
|
— |
|
42 |
|
1,729 |
|
Accessories |
|
867 |
|
217 |
|
— |
|
210 |
|
1,294 |
|
Electronics |
|
775 |
|
92 |
|
— |
|
7 |
|
874 |
|
Jewelry |
|
311 |
|
185 |
|
— |
|
32 |
|
528 |
|
Other revenue |
|
189 |
|
12 |
|
— |
|
23 |
|
224 |
|
Total Revenue |
$ |
7,359 |
|
2,528 |
|
1,313 |
|
906 |
|
12,106 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended December 31, 2021 |
|
|
|
QxH |
|
QVC Int'l |
|
CBI |
|
Corp and other |
|
Total |
|
|
|
amounts in millions |
|
Home |
$ |
3,278 |
|
1,237 |
|
1,038 |
|
440 |
|
5,993 |
|
Beauty |
|
1,291 |
|
492 |
|
199 |
|
559 |
|
2,541 |
|
Apparel |
|
1,223 |
|
723 |
|
— |
|
66 |
|
2,012 |
|
Accessories |
|
980 |
|
265 |
|
— |
|
295 |
|
1,540 |
|
Electronics |
|
964 |
|
119 |
|
— |
|
13 |
|
1,096 |
|
Jewelry |
|
359 |
|
228 |
|
— |
|
50 |
|
637 |
|
Other revenue |
|
182 |
|
13 |
|
1 |
|
29 |
|
225 |
|
Total Revenue |
$ |
8,277 |
|
3,077 |
|
1,238 |
|
1,452 |
|
14,044 |
|
|
| Schedule of activity in allowance for sales returns |
|
|
|
|
|
|
|
|
|
|
|
Balance beginning of year |
|
Additions - charged to earnings |
|
Deductions |
|
Balance end of year |
|
|
|
amounts in millions |
2023 |
$ |
215 |
|
1,898 |
|
(1,894) |
|
219 |
2022 |
$ |
274 |
|
1,917 |
|
(1,976) |
|
215 |
2021 |
$ |
300 |
|
2,145 |
|
(2,171) |
|
274 |
|