Information About Qurate Retail's Operating Segments (Tables)
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12 Months Ended |
Dec. 31, 2020 |
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| Information About Qurate Retail's Operating Segments |
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| Performance Measures |
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Years ended December 31, |
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2020 |
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2019 |
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2018 |
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Adjusted |
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Adjusted |
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Adjusted |
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Revenue |
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OIBDA |
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Revenue |
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OIBDA |
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Revenue |
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OIBDA |
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amounts in millions |
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QxH |
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$ |
8,505 |
|
1,547 |
|
8,277 |
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1,536 |
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8,544 |
|
1,630 |
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QVC International |
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|
2,967 |
|
510 |
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2,709 |
|
446 |
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2,738 |
|
429 |
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Zulily |
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1,636 |
|
83 |
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1,571 |
|
48 |
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1,817 |
|
108 |
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Corporate and other |
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|
1,070 |
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58 |
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901 |
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(1) |
|
973 |
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(13) |
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Inter-segment eliminations |
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(1) |
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— |
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— |
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— |
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(2) |
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— |
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Consolidated Qurate Retail |
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$ |
14,177 |
|
2,198 |
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13,458 |
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2,029 |
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14,070 |
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2,154 |
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| Other Information By Segment |
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December 31, 2020 |
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December 31, 2019 |
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Total |
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Capital |
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Total |
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Capital |
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assets |
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expenditures |
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assets |
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expenditures |
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amounts in millions |
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QxH |
|
$ |
12,393 |
|
182 |
|
12,774 |
|
257 |
|
QVC International |
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|
2,455 |
|
36 |
|
2,268 |
|
34 |
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Zulily |
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|
1,049 |
|
23 |
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1,136 |
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23 |
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Corporate and other |
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|
1,102 |
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16 |
|
1,127 |
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11 |
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Consolidated Qurate Retail |
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$ |
16,999 |
|
257 |
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17,305 |
|
325 |
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| Reconciliation Of Segment Adjusted OIBDA To Operating income (loss) and Earnings (Loss) From Continuing Operations Before Income Taxes |
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Years ended December 31, |
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2020 |
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2019 |
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2018 |
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amounts in millions |
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Consolidated segment Adjusted OIBDA |
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$ |
2,198 |
|
2,029 |
|
2,154 |
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Stock-based compensation |
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|
(64) |
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(71) |
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(88) |
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Depreciation and amortization |
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(562) |
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(606) |
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(637) |
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Transaction related costs |
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— |
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(1) |
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(72) |
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Impairment of intangible assets and long lived assets |
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— |
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(1,167) |
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(33) |
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Operating income |
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1,572 |
|
184 |
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1,324 |
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Interest expense |
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(408) |
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(374) |
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(381) |
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Share of earnings (loss) of affiliates, net |
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(156) |
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(160) |
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(162) |
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Realized and unrealized gains (losses) on financial instruments, net |
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(110) |
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(251) |
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76 |
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Gains (losses) on transactions, net |
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|
224 |
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(1) |
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1 |
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Tax sharing income (expense) with Liberty Broadband |
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(39) |
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(26) |
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32 |
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Other, net |
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(32) |
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6 |
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(7) |
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Earnings (loss) from continuing operations before income taxes |
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$ |
1,051 |
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(622) |
|
883 |
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| Schedule of Revenue by geographic area |
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Years ended December 31, |
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2020 |
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2019 |
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2018 |
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amounts in millions |
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United States |
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$ |
11,119 |
|
10,666 |
|
11,233 |
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Japan |
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|
1,132 |
|
1,028 |
|
947 |
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Germany |
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|
978 |
|
890 |
|
943 |
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Other foreign countries |
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|
948 |
|
874 |
|
947 |
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$ |
14,177 |
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13,458 |
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14,070 |
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| Schedule of Long-lived Assets by Geographic Area |
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December 31, |
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2020 |
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2019 |
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amounts in millions |
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United States |
|
$ |
893 |
|
935 |
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Japan |
|
|
149 |
|
153 |
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Germany |
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|
150 |
|
154 |
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Other foreign countries |
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|
108 |
|
109 |
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$ |
1,300 |
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1,351 |
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