Quarterly report pursuant to Section 13 or 15(d)

Information About Qurate Retail's Operating Segments (Tables)

v3.24.3
Information About Qurate Retail's Operating Segments (Tables)
9 Months Ended
Sep. 30, 2024
Information About Qurate Retail's Operating Segments  
Schedule of disaggregation of revenue

Three months ended

September 30, 2024

QxH

QVC Int'l

CBI

Corp and other

Total

in millions

Home

$

611

226

214

1,051

Apparel

294

98

38

430

Beauty

225

135

360

Accessories

185

52

237

Electronics

104

17

121

Jewelry

63

43

106

Other revenue

39

39

Total Revenue

$

1,521

571

252

2,344

Nine months ended

September 30, 2024

QxH

QVC Int'l

CBI

Corp and other

Total

in millions

Home

$

1,796

684

637

3,117

Apparel

904

311

119

1,334

Beauty

703

405

1,108

Accessories

598

153

751

Electronics

285

48

333

Jewelry

216

115

331

Other revenue

116

3

119

Total Revenue

$

4,618

1,719

756

7,093

Three months ended

September 30, 2023

QxH

QVC Int'l

CBI

Corp and other

Total

in millions

Home

$

631

220

246

1,097

Apparel

304

105

39

448

Beauty

235

141

376

Accessories

204

49

253

Electronics

124

16

140

Jewelry

76

44

120

Other revenue

43

2

45

Total Revenue

$

1,617

577

285

2,479

Nine months ended

September 30, 2023

QxH

QVC Int'l

CBI

Corp and other

Total

in millions

Home

$

1,868

701

735

76

3,380

Apparel

939

329

125

113

1,506

Beauty

745

417

14

1,176

Accessories

619

156

78

853

Electronics

316

48

2

366

Jewelry

218

118

11

347

Other revenue

131

6

7

144

Total Revenue

$

4,836

1,775

860

301

7,772

Schedule of adjusted OIBDA

Three months ended September 30,

Nine months ended September 30,

2024

2023

2024

2023

amounts in millions

QxH

$

182

 

201

561

 

525

QVC International

70

77

222

226

CBI

 

6

 

11

31

 

40

Corporate and other

 

(8)

 

(4)

(23)

 

(57)

Consolidated Qurate Retail

$

250

 

285

791

 

734

Schedule of other information by segment

September 30, 2024

 

Total assets

Capital expenditures

 

amounts in millions

 

QxH

$

7,824

 

89

QVC International

1,836

29

CBI

573

19

Corporate and other

 

540

 

Consolidated Qurate Retail

$

10,773

 

137

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

Three months ended

Nine months ended

 

September 30,

September 30,

 

    

2024

    

2023

    

2024

    

2023

 

amounts in millions

 

Adjusted OIBDA

$

250

 

285

 

791

 

734

Stock-based compensation

 

(3)

 

(10)

 

(22)

 

(40)

Depreciation and amortization

 

(95)

 

(105)

 

(290)

 

(309)

Restructuring, penalties and fire related costs, net of recoveries

(19)

(18)

189

Gain on sale of assets and sale-leaseback transactions

1

119

Operating income (loss)

$

152

151

462

693

Interest expense

 

(117)

 

(119)

 

(353)

 

(336)

Interest and dividend income

14

14

41

39

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

 

(36)

 

(14)

 

(53)

 

(60)

Loss on disposition of Zulily, net

(64)

Other, net

 

(13)

 

1

 

(19)

 

11

Earnings (loss) before income taxes

$

 

33

 

78

 

283