Quarterly report pursuant to Section 13 or 15(d)

Information About Qurate Retail's Operating Segments (Tables)

v3.24.2.u1
Information About Qurate Retail's Operating Segments (Tables)
6 Months Ended
Jun. 30, 2024
Information About Qurate Retail's Operating Segments  
Schedule of disaggregation of revenue

Three months ended

June 30, 2024

QxH

QVC Int'l

CBI

Corp and other

Total

in millions

Home

$

596

221

234

1,051

Apparel

328

105

39

472

Beauty

239

141

380

Accessories

212

53

265

Electronics

73

16

89

Jewelry

73

39

112

Other revenue

37

1

38

Total Revenue

$

1,558

576

273

2,407

Six months ended

June 30, 2024

QxH

QVC Int'l

CBI

Corp and other

Total

in millions

Home

$

1,185

458

423

2,066

Apparel

610

213

81

904

Beauty

478

270

748

Accessories

413

101

514

Electronics

181

31

212

Jewelry

153

72

225

Other revenue

77

3

80

Total Revenue

$

3,097

1,148

504

4,749

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

Schedule of adjusted OIBDA

Three months ended June 30,

Six months ended June 30,

2024

2023

2024

2023

amounts in millions

QxH

$

194

 

185

379

 

324

QVC International

77

77

152

149

CBI

 

19

 

25

25

 

29

Corporate and other

 

(8)

 

(17)

(15)

 

(53)

Consolidated Qurate Retail

$

282

 

270

541

 

449

Schedule of other information by segment

June 30, 2024

 

Total assets

Capital expenditures

 

amounts in millions

 

QxH

$

7,749

 

61

QVC International

1,748

20

CBI

586

13

Corporate and other

 

856

 

Consolidated Qurate Retail

$

10,939

 

94

Schedule of reconciliation of adjusted OIBDA to operating income (loss) and earnings (loss) before income taxes

Three months ended

Six months ended

 

June 30,

June 30,

 

    

2024

    

2023

    

2024

    

2023

 

amounts in millions

 

Adjusted OIBDA

$

282

 

270

 

541

 

449

Stock-based compensation

 

(3)

 

(14)

 

(19)

 

(30)

Depreciation and amortization

 

(96)

 

(104)

 

(195)

 

(204)

Restructuring, penalties and fire related costs, net of recoveries

(18)

208

(18)

208

Gain on sale of assets and sale leaseback transactions

6

1

119

Operating income (loss)

$

165

366

310

542

Interest expense

 

(119)

 

(123)

 

(236)

 

(217)

Interest and dividend income

15

14

27

25

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

 

(10)

 

(14)

 

(17)

 

(46)

Loss on disposition of Zulily, net

(64)

(64)

Other, net

 

(4)

 

6

 

(6)

 

10

Earnings (loss) before income taxes

$

47

 

185

 

78

 

250