Qurate Retail, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

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

Guarantor/Non-Guarantor Subsidiary Financial Information (Statement of Operations) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Condensed Financial Statements, Captions [Line Items]
Net revenue	$ 8,801us-gaap_SalesRevenueNet	$ 8,623us-gaap_SalesRevenueNet	$ 8,516us-gaap_SalesRevenueNet
Cost of goods sold	5,547us-gaap_CostOfGoodsSold	5,465us-gaap_CostOfGoodsSold	5,419us-gaap_CostOfGoodsSold
Gross profit	3,254us-gaap_GrossProfit	3,158us-gaap_GrossProfit	3,097us-gaap_GrossProfit
Operating expenses:
Operating	753us-gaap_OperatingCostsAndExpenses	740us-gaap_OperatingCostsAndExpenses	715us-gaap_OperatingCostsAndExpenses
Selling, general and administrative, including stock-based compensation	635	615	588
Depreciation	135us-gaap_Depreciation	127us-gaap_Depreciation	126us-gaap_Depreciation
Amortization	452us-gaap_AmortizationOfIntangibleAssets	431us-gaap_AmortizationOfIntangibleAssets	400us-gaap_AmortizationOfIntangibleAssets
Operating expenses	1,975us-gaap_OperatingExpenses	1,913us-gaap_OperatingExpenses	1,829us-gaap_OperatingExpenses
Operating income	1,279us-gaap_OperatingIncomeLoss	1,245us-gaap_OperatingIncomeLoss	1,268us-gaap_OperatingIncomeLoss
Other (expense) income:
Equity in losses of investee	(8)	(4)	(4)
Gains on financial instruments	0	15	48
Interest expense, net	(239)us-gaap_InterestIncomeExpenseNet	(214)us-gaap_InterestIncomeExpenseNet	(233)us-gaap_InterestIncomeExpenseNet
Foreign currency gain	3	1	2
Loss on extinguishment of debt	(48)	(57)	0
Intercompany (expense) interest income	0qvc_IntercompanyInterestExpenseIncome	0qvc_IntercompanyInterestExpenseIncome	0qvc_IntercompanyInterestExpenseIncome
Nonoperating (expense) income	(292)us-gaap_NonoperatingIncomeExpense	(259)us-gaap_NonoperatingIncomeExpense	(187)us-gaap_NonoperatingIncomeExpense
Income before income taxes	987	986	1,081
Income tax expense	(354)us-gaap_IncomeTaxExpenseBenefit	(353)us-gaap_IncomeTaxExpenseBenefit	(394)us-gaap_IncomeTaxExpenseBenefit
Equity in earnings of subsidiaries, net of tax	0qvc_EquityInEarningsOfSubsidiary	0qvc_EquityInEarningsOfSubsidiary	0qvc_EquityInEarningsOfSubsidiary
Net income	633us-gaap_ProfitLoss	633us-gaap_ProfitLoss	687us-gaap_ProfitLoss
Less net income attributable to the noncontrolling interest	(39)	(45)	(63)
Net income attributable to QVC, Inc. stockholder	594us-gaap_NetIncomeLoss	588us-gaap_NetIncomeLoss	624us-gaap_NetIncomeLoss
Parent issuer- QVC, Inc.
Condensed Financial Statements, Captions [Line Items]
Net revenue	6,198	5,979	5,709
Cost of goods sold	3,907	3,804	3,644
Gross profit	2,291	2,175	2,065
Operating expenses:
Operating	343	283	254
Selling, general and administrative, including stock-based compensation	1,081	1,028	1,004
Depreciation	39	38	35
Amortization	223	204	204
Operating expenses	1,686	1,553	1,497
Operating income	605	622	568
Other (expense) income:
Equity in losses of investee	0	0	0
Gains on financial instruments		12	48
Interest expense, net	(230)	(214)	(233)
Foreign currency gain	10	(13)	(10)
Loss on extinguishment of debt	(48)	(57)
Intercompany (expense) interest income	(22)	(16)	(13)
Nonoperating (expense) income	(290)	(288)	(208)
Income before income taxes	315	334	360
Income tax expense	(73)	(119)	(116)
Equity in earnings of subsidiaries, net of tax	391	418	443
Net income	633	633	687
Less net income attributable to the noncontrolling interest	(39)	(45)	(63)
Net income attributable to QVC, Inc. stockholder	594	588	624
Combined subsidiary guarantors
Condensed Financial Statements, Captions [Line Items]
Net revenue	920	893	865
Cost of goods sold	108	107	116
Gross profit	812	786	749
Operating expenses:
Operating	269	267	238
Selling, general and administrative, including stock-based compensation	1	0	1
Depreciation	5	6	4
Amortization	153	146	130
Operating expenses	428	419	373
Operating income	384	367	376
Other (expense) income:
Equity in losses of investee	0	0	0
Gains on financial instruments		0	0
Interest expense, net	0	0	0
Foreign currency gain	(3)	0	4
Loss on extinguishment of debt	0	0
Intercompany (expense) interest income	51	51	51
Nonoperating (expense) income	48	51	55
Income before income taxes	432	418	431
Income tax expense	(135)	(132)	(141)
Equity in earnings of subsidiaries, net of tax	25	76	93
Net income	322	362	383
Less net income attributable to the noncontrolling interest	0	0	0
Net income attributable to QVC, Inc. stockholder	322	362	383
Combined non-guarantor subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net revenue	2,992	2,977	3,148
Cost of goods sold	1,807	1,831	1,941
Gross profit	1,185	1,146	1,207
Operating expenses:
Operating	376	370	395
Selling, general and administrative, including stock-based compensation	352	356	335
Depreciation	91	83	87
Amortization	76	81	66
Operating expenses	895	890	883
Operating income	290	256	324
Other (expense) income:
Equity in losses of investee	(8)	(4)	(4)
Gains on financial instruments		3	0
Interest expense, net	(9)	0	0
Foreign currency gain	(4)	14	8
Loss on extinguishment of debt	0	0
Intercompany (expense) interest income	(9)	(35)	(38)
Nonoperating (expense) income	(30)	(22)	(34)
Income before income taxes	260	234	290
Income tax expense	(146)	(102)	(137)
Equity in earnings of subsidiaries, net of tax	0	0	0
Net income	114	132	153
Less net income attributable to the noncontrolling interest	(39)	(45)	(63)
Net income attributable to QVC, Inc. stockholder	75	87	90
Eliminations
Condensed Financial Statements, Captions [Line Items]
Net revenue	(1,309)	(1,226)	(1,206)
Cost of goods sold	(275)	(277)	(282)
Gross profit	(1,034)	(949)	(924)
Operating expenses:
Operating	(235)	(180)	(172)
Selling, general and administrative, including stock-based compensation	(799)	(769)	(752)
Depreciation	0	0	0
Amortization	0	0	0
Operating expenses	(1,034)	(949)	(924)
Operating income	0	0	0
Other (expense) income:
Equity in losses of investee	0	0	0
Gains on financial instruments		0	0
Interest expense, net	0	0	0
Foreign currency gain	0	0	0
Loss on extinguishment of debt	0	0
Intercompany (expense) interest income	(20)	0	0
Nonoperating (expense) income	(20)	0	0
Income before income taxes	(20)	0	0
Income tax expense	0	0	0
Equity in earnings of subsidiaries, net of tax	(416)	(494)	(536)
Net income	(436)	(494)	(536)
Less net income attributable to the noncontrolling interest	39	45	63
Net income attributable to QVC, Inc. stockholder	$ (397)	$ (449)	$ (473)