Registration of securities issued in business combination transactions

Consolidated Statements of Operations

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Consolidated Statements of Operations (USD $)
In Millions, unless otherwise specified
 3 Months Ended 12 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Income Statement [Abstract]          
Net revenue $ 1,974 $ 1,932 $ 8,516 $ 8,268 $ 7,813
Cost of goods sold 1,252 1,230 5,419 5,278 5,008
Gross profit 722 702 3,097 2,990 2,805
Operating expenses:          
Operating 173 175 715 744 701
Selling, general and administrative, including stock-based compensation 155 142 588 535 449
Depreciation 30 31 126 135 128
Amortization of intangible assets 104 96 400 439 395
Operating expenses 462 444 1,829 1,853 1,673
Operating income 260 258 1,268 1,137 1,132
Other income (expense):          
(Loss) gain on investments 1 0 (4) (2) 105
Gain on financial instruments 12 11 48 50 40
Interest expense (63) (55) (235) (231) (415)
Interest income 0 1 2 2 2
Foreign currency (loss) gain (1) 6 2 (2) (8)
Other         (23)
Nonoperating income (expense) (92) (37) (187) (183) (299)
Income before income taxes 168 221 1,081 954 833
Income tax expense (62) (82) (394) (342) (282)
Net income 106 139 687 612 551
Less net income attributable to the noncontrolling interest (12) (14) (63) (52) (47)
Net income attributable to QVC, Inc. shareholder $ 94 $ 125 $ 624 $ 560 $ 504