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 6 Months Ended 12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Income Statement [Abstract]              
Net revenue $ 2,014 $ 1,961 $ 4,000 $ 3,935 $ 8,623 $ 8,516 $ 8,268
Cost of goods sold 1,250 1,227 2,506 2,479 5,465 5,419 5,278
Gross profit 764 734 1,494 1,456 3,158 3,097 2,990
Operating expenses:              
Operating 180 171 358 344 740 715 744
Selling, general and administrative, including stock-based compensation 155 138 303 293 615 588 535
Depreciation 33 33 66 63 127 126 135
Amortization of intangible assets 112 107 223 211 431 400 439
Operating expenses 480 449 950 911 1,913 1,829 1,853
Operating income 284 285 544 545 1,245 1,268 1,137
Other (expense) income:              
Equity in losses of investee (2) (2) (3) (1) (4) (4) (2)
Gains on financial instruments 0 3 0 15 15 48 50
Interest expense, net (60) (50) (122) (113) (214) (233) (229)
Foreign currency gain (loss) 1 0 0 (1) 1 2 (2)
Loss on extinguishment of debt 0 (16) 0 (57) (57) 0 0
Nonoperating income (expense) (61) (65) (125) (157) (259) (187) (183)
Income before income taxes 223 220 419 388 986 1,081 954
Income tax expense (83) (81) (157) (143) (353) (394) (342)
Net income 140 139 262 245 633 687 612
Less net income attributable to the noncontrolling interest (10) (13) (19) (25) (45) (63) (52)
Net income attributable to QVC, Inc. stockholder $ 130 $ 126 $ 243 $ 220 $ 588 $ 624 $ 560