Quarterly report pursuant to Section 13 or 15(d)

Guarantor/Non-Guarantor Subsidiary Financial Information (Statement of Operations) (Details)

v2.4.0.8
Guarantor/Non-Guarantor Subsidiary Financial Information (Statement of Operations) (Details) (USD $)
In Millions, unless otherwise specified
 3 Months Ended 6 Months Ended 9 Months Ended
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Sep. 30, 2012
Jun. 30, 2013
Sep. 30, 2013
Sep. 30, 2012
Condensed Financial Statements, Captions [Line Items]              
Net revenue $ 1,947     $ 1,918   $ 5,882 $ 5,824
Cost of goods sold 1,222     1,216   3,701 3,680
Gross profit 725     702   2,181 2,144
Operating expenses:              
Operating 176     171   520 522
Selling, general and administrative, including stock-based compensation 151     142   444 418
Depreciation 26     28   89 92
Amortization of intangible assets 113     101   324 293
Intercompany management expense (income) 0     0   0 0
Operating expenses 466     442   1,377 1,325
Operating income 259     260   804 819
Other (expense) income:              
Equity in losses of investee (2)     (3)   (3) (3)
Gains on financial instruments 0     12   15 36
Interest expense, net (52)     (61)   (165) (172)
Foreign currency (loss) gain (1)     1   (2) (1)
Loss on extinguishment of debt 0     0   (57) 0
Intercompany interest (expense) income 0     0   0 0
Nonoperating (expense) income (55)     (51)   (212) (140)
Income before income taxes 204     209   592 679
Income tax expense (70)     (73)   (213) (247)
Equity in earnings of subsidiaries, net of tax 0     0   0 0
Net income 134 139 106 136 245 379 432
Less net income attributable to the noncontrolling interest (9)     (15)   (34) (44)
Net income (loss) attributable to QVC, Inc. shareholder 125     121   345 388
As previously reported
              
Condensed Financial Statements, Captions [Line Items]              
Net revenue       1,918     5,824
Cost of goods sold       1,216     3,680
Gross profit       702     2,144
Operating expenses:              
Operating       171     522
Selling, general and administrative, including stock-based compensation       142     418
Depreciation       28     92
Amortization of intangible assets       101     293
Intercompany management expense (income)       0     0
Operating expenses       442     1,325
Operating income       260     819
Other (expense) income:              
Equity in losses of investee       (3)     (3)
Gains on financial instruments       12     36
Interest expense, net       (61)     (172)
Foreign currency (loss) gain       1     (1)
Intercompany interest (expense) income       0     0
Nonoperating (expense) income       (51)     (140)
Income before income taxes       209     679
Income tax expense       (73)     (247)
Equity in earnings of subsidiaries, net of tax       0     0
Net income   139 106 136 245   432
Less net income attributable to the noncontrolling interest       (15)     (44)
Net income (loss) attributable to QVC, Inc. shareholder       121     388
Adjustment
              
Condensed Financial Statements, Captions [Line Items]              
Net revenue 0           0
Cost of goods sold 0           0
Gross profit 0           0
Operating expenses:              
Operating 0           0
Selling, general and administrative, including stock-based compensation 0           0
Depreciation 0           0
Amortization of intangible assets 0           0
Intercompany management expense (income) 0           0
Operating expenses 0           0
Operating income 0           0
Other (expense) income:              
Equity in losses of investee 0           0
Gains on financial instruments 0           0
Interest expense, net 0           0
Foreign currency (loss) gain 0           0
Intercompany interest (expense) income 0           0
Nonoperating (expense) income 0           0
Income before income taxes 0           0
Income tax expense 0           0
Equity in earnings of subsidiaries, net of tax 0           0
Net income 0 0 0   0   0
Less net income attributable to the noncontrolling interest 0           0
Net income (loss) attributable to QVC, Inc. shareholder 0           0
Parent issuer- QVC, Inc.
              
Condensed Financial Statements, Captions [Line Items]              
Net revenue 1,319     1,249   3,959 3,804
Cost of goods sold 833     801   2,512 2,421
Gross profit 486     448   1,447 1,383
Operating expenses:              
Operating 39     37   114 110
Selling, general and administrative, including stock-based compensation 237     226   700 666
Depreciation 10     9   28 26
Amortization of intangible assets 51     52   153 148
Intercompany management expense (income) 14     14   46 54
Operating expenses 351     338   1,041 1,004
Operating income 135     110   406 379
Other (expense) income:              
Equity in losses of investee 0     0   0 0
Gains on financial instruments       12   12 36
Interest expense, net (52)     (61)   (164) (173)
Foreign currency (loss) gain (9)     (6)   (12) (11)
Loss on extinguishment of debt           (57)  
Intercompany interest (expense) income (4)     (3)   (11) (10)
Nonoperating (expense) income (65)     (58)   (232) (158)
Income before income taxes 70     52   174 221
Income tax expense (21)     (17)   (52) (81)
Equity in earnings of subsidiaries, net of tax 85     101   257 292
Net income 134 139 106 136 245 379 432
Less net income attributable to the noncontrolling interest (9)     (15)   (34) (44)
Net income (loss) attributable to QVC, Inc. shareholder 125     121   345 388
Parent issuer- QVC, Inc. | As previously reported
              
Condensed Financial Statements, Captions [Line Items]              
Net revenue       1,301     3,963
Cost of goods sold       817     2,470
Gross profit       484     1,493
Operating expenses:              
Operating       44     132
Selling, general and administrative, including stock-based compensation       226     666
Depreciation       9     26
Amortization of intangible assets       52     148
Intercompany management expense (income)       14     54
Operating expenses       345     1,026
Operating income       139     467
Other (expense) income:              
Equity in losses of investee       0     0
Gains on financial instruments       12     36
Interest expense, net       (61)     (173)
Foreign currency (loss) gain       (6)     (11)
Intercompany interest (expense) income       3     (10)
Nonoperating (expense) income       (58)     (158)
Income before income taxes       81     309
Income tax expense       (17)     (81)
Equity in earnings of subsidiaries, net of tax       57     160
Net income   139 106 121 245   388
Less net income attributable to the noncontrolling interest       0     0
Net income (loss) attributable to QVC, Inc. shareholder       121     388
Parent issuer- QVC, Inc. | Adjustment
              
Condensed Financial Statements, Captions [Line Items]              
Net revenue (52)           (159)
Cost of goods sold (16)           (49)
Gross profit (36)           (110)
Operating expenses:              
Operating (7)           (22)
Selling, general and administrative, including stock-based compensation 0           0
Depreciation 0           0
Amortization of intangible assets 0           0
Intercompany management expense (income) 0           0
Operating expenses (7)           (22)
Operating income (29)           (88)
Other (expense) income:              
Equity in losses of investee 0           0
Gains on financial instruments 0           0
Interest expense, net 0           0
Foreign currency (loss) gain 0           0
Intercompany interest (expense) income 0           0
Nonoperating (expense) income 0           0
Income before income taxes (29)           (88)
Income tax expense 0           0
Equity in earnings of subsidiaries, net of tax 44           132
Net income 15 0 0   0   44
Less net income attributable to the noncontrolling interest (15)           (44)
Net income (loss) attributable to QVC, Inc. shareholder 0           0
Combined subsidiary guarantors
              
Condensed Financial Statements, Captions [Line Items]              
Net revenue 190     180   555 534
Cost of goods sold 26     27   74 81
Gross profit 164     153   481 453
Operating expenses:              
Operating 49     46   143 137
Selling, general and administrative, including stock-based compensation 1     0   1 0
Depreciation 1     1   4 3
Amortization of intangible assets 37     33   107 98
Intercompany management expense (income) (1)     (5)   (8) (20)
Operating expenses 87     75   247 218
Operating income 77     78   234 235
Other (expense) income:              
Equity in losses of investee 0     0   0 0
Gains on financial instruments       0   0 0
Interest expense, net 0     0   (1) 0
Foreign currency (loss) gain 0     2   (1) 2
Loss on extinguishment of debt           0  
Intercompany interest (expense) income 13     12   37 37
Nonoperating (expense) income 13     14   35 39
Income before income taxes 90     92   269 274
Income tax expense (27)     (30)   (87) (84)
Equity in earnings of subsidiaries, net of tax 3     23   29 57
Net income 66 66 79 85 145 211 247
Less net income attributable to the noncontrolling interest 0     0   0 0
Net income (loss) attributable to QVC, Inc. shareholder 66     85   211 247
Combined subsidiary guarantors | As previously reported
              
Condensed Financial Statements, Captions [Line Items]              
Net revenue       180     534
Cost of goods sold       27     81
Gross profit       153     453
Operating expenses:              
Operating       46     137
Selling, general and administrative, including stock-based compensation       0     0
Depreciation       1     3
Amortization of intangible assets       33     98
Intercompany management expense (income)       (5)     (20)
Operating expenses       75     218
Operating income       78     235
Other (expense) income:              
Equity in losses of investee       0     0
Gains on financial instruments       0     0
Interest expense, net       0     0
Foreign currency (loss) gain       2     2
Intercompany interest (expense) income       (12)     37
Nonoperating (expense) income       14     39
Income before income taxes       92     274
Income tax expense       (30)     (84)
Equity in earnings of subsidiaries, net of tax       23     57
Net income   66 79 85 145   247
Less net income attributable to the noncontrolling interest       0     0
Net income (loss) attributable to QVC, Inc. shareholder       85     247
Combined subsidiary guarantors | Adjustment
              
Condensed Financial Statements, Captions [Line Items]              
Net revenue 0           0
Cost of goods sold 0           0
Gross profit 0           0
Operating expenses:              
Operating 0           0
Selling, general and administrative, including stock-based compensation 0           0
Depreciation 0           0
Amortization of intangible assets 0           0
Intercompany management expense (income) 0           0
Operating expenses 0           0
Operating income 0           0
Other (expense) income:              
Equity in losses of investee 0           0
Gains on financial instruments 0           0
Interest expense, net 0           0
Foreign currency (loss) gain 0           0
Intercompany interest (expense) income 0           0
Nonoperating (expense) income 0           0
Income before income taxes 0           0
Income tax expense 0           0
Equity in earnings of subsidiaries, net of tax 0           0
Net income 0 0 0   0   0
Less net income attributable to the noncontrolling interest 0           0
Net income (loss) attributable to QVC, Inc. shareholder 0           0
Combined non-guarantor subsidiaries
              
Condensed Financial Statements, Captions [Line Items]              
Net revenue 675     719   2,065 2,168
Cost of goods sold 427     454   1,300 1,363
Gross profit 248     265   765 805
Operating expenses:              
Operating 88     88   263 275
Selling, general and administrative, including stock-based compensation 86     80   255 249
Depreciation 15     18   57 63
Amortization of intangible assets 25     16   64 47
Intercompany management expense (income) (13)     (9)   (38) (34)
Operating expenses 201     193   601 600
Operating income 47     72   164 205
Other (expense) income:              
Equity in losses of investee (2)     (3)   (3) (3)
Gains on financial instruments       0   3 0
Interest expense, net 0     0   0 1
Foreign currency (loss) gain 8     5   11 8
Loss on extinguishment of debt           0  
Intercompany interest (expense) income (9)     (9)   (26) (27)
Nonoperating (expense) income (3)     (7)   (15) (21)
Income before income taxes 44     65   149 184
Income tax expense (22)     (26)   (74) (82)
Equity in earnings of subsidiaries, net of tax 0     0   0 0
Net income 22 26 27 39 53 75 102
Less net income attributable to the noncontrolling interest (9)     (15)   (34) (44)
Net income (loss) attributable to QVC, Inc. shareholder 13     24   41 58
Combined non-guarantor subsidiaries | As previously reported
              
Condensed Financial Statements, Captions [Line Items]              
Net revenue       667     2,009
Cost of goods sold       438     1,314
Gross profit       229     695
Operating expenses:              
Operating       81     253
Selling, general and administrative, including stock-based compensation       80     249
Depreciation       18     63
Amortization of intangible assets       16     47
Intercompany management expense (income)       (9)     (34)
Operating expenses       186     578
Operating income       43     117
Other (expense) income:              
Equity in losses of investee       (3)     (3)
Gains on financial instruments       0     0
Interest expense, net       0     1
Foreign currency (loss) gain       5     8
Intercompany interest (expense) income       9     (27)
Nonoperating (expense) income       (7)     (21)
Income before income taxes       36     96
Income tax expense       (26)     (82)
Equity in earnings of subsidiaries, net of tax       0     0
Net income   (23) (8) 10 (31)   14
Less net income attributable to the noncontrolling interest       (15)     (44)
Net income (loss) attributable to QVC, Inc. shareholder       (5)     (30)
Combined non-guarantor subsidiaries | Adjustment
              
Condensed Financial Statements, Captions [Line Items]              
Net revenue 52           159
Cost of goods sold 16           49
Gross profit 36           110
Operating expenses:              
Operating 7           22
Selling, general and administrative, including stock-based compensation 0           0
Depreciation 0           0
Amortization of intangible assets 0           0
Intercompany management expense (income) 0           0
Operating expenses 7           22
Operating income 29           88
Other (expense) income:              
Equity in losses of investee 0           0
Gains on financial instruments 0           0
Interest expense, net 0           0
Foreign currency (loss) gain 0           0
Intercompany interest (expense) income 0           0
Nonoperating (expense) income 0           0
Income before income taxes 29           88
Income tax expense 0           0
Equity in earnings of subsidiaries, net of tax 0           0
Net income 29 49 35   84   88
Less net income attributable to the noncontrolling interest 0           0
Net income (loss) attributable to QVC, Inc. shareholder 29           88
Eliminations
              
Condensed Financial Statements, Captions [Line Items]              
Net revenue (237)     (230)   (697) (682)
Cost of goods sold (64)     (66)   (185) (185)
Gross profit (173)     (164)   (512) (497)
Operating expenses:              
Operating 0     0   0 0
Selling, general and administrative, including stock-based compensation (173)     (164)   (512) (497)
Depreciation 0     0   0 0
Amortization of intangible assets 0     0   0 0
Intercompany management expense (income) 0     0   0 0
Operating expenses (173)     (164)   (512) (497)
Operating income 0     0   0 0
Other (expense) income:              
Equity in losses of investee 0     0   0 0
Gains on financial instruments       0   0 0
Interest expense, net 0     0   0 0
Foreign currency (loss) gain 0     0   0 0
Loss on extinguishment of debt           0  
Intercompany interest (expense) income 0     0   0 0
Nonoperating (expense) income 0     0   0 0
Income before income taxes 0     0   0 0
Income tax expense 0     0   0 0
Equity in earnings of subsidiaries, net of tax (88)     (124)   (286) (349)
Net income (88) (92) (106) (124) (198) (286) (349)
Less net income attributable to the noncontrolling interest 9     15   34 44
Net income (loss) attributable to QVC, Inc. shareholder (79)     (109)   (252) (305)
Eliminations | As previously reported
              
Condensed Financial Statements, Captions [Line Items]              
Net revenue       (230)     (682)
Cost of goods sold       (66)     (185)
Gross profit       (164)     (497)
Operating expenses:              
Operating       0     0
Selling, general and administrative, including stock-based compensation       (164)     (497)
Depreciation       0     0
Amortization of intangible assets       0     0
Intercompany management expense (income)       0     0
Operating expenses       (164)     (497)
Operating income       0     0
Other (expense) income:              
Equity in losses of investee       0     0
Gains on financial instruments       0     0
Interest expense, net       0     0
Foreign currency (loss) gain       0     0
Intercompany interest (expense) income       0     0
Nonoperating (expense) income       0     0
Income before income taxes       0     0
Income tax expense       0     0
Equity in earnings of subsidiaries, net of tax       (80)     (217)
Net income   (43) (71) (80) (114)   (217)
Less net income attributable to the noncontrolling interest       0     0
Net income (loss) attributable to QVC, Inc. shareholder       (80)     (217)
Eliminations | Adjustment
              
Condensed Financial Statements, Captions [Line Items]              
Net revenue 0           0
Cost of goods sold 0           0
Gross profit 0           0
Operating expenses:              
Operating 0           0
Selling, general and administrative, including stock-based compensation 0           0
Depreciation 0           0
Amortization of intangible assets 0           0
Intercompany management expense (income) 0           0
Operating expenses 0           0
Operating income 0           0
Other (expense) income:              
Equity in losses of investee 0           0
Gains on financial instruments 0           0
Interest expense, net 0           0
Foreign currency (loss) gain 0           0
Intercompany interest (expense) income 0           0
Nonoperating (expense) income 0           0
Income before income taxes 0           0
Income tax expense 0           0
Equity in earnings of subsidiaries, net of tax (44)           (132)
Net income (44) (49) (35)   (84)   (132)
Less net income attributable to the noncontrolling interest 15           44
Net income (loss) attributable to QVC, Inc. shareholder $ (29)           $ (88)