Quarterly report pursuant to Section 13 or 15(d)

Other Comprehensive Income (Tables)

v3.5.0.2
Other Comprehensive Income (Tables)
 6 Months Ended
Jun. 30, 2016
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The change in the component of accumulated other comprehensive loss, net of taxes ("AOCL"), is summarized as follows:
(in millions)
Foreign currency translation adjustments

AOCL

Balance at January 1, 2016
$
(140
)
(140
)
Other comprehensive income attributable to QVC, Inc. stockholder
23

23

Balance at June 30, 2016
(117
)
(117
)
 
 
 
Balance at January 1, 2015
$
(39
)
(39
)
Other comprehensive loss attributable to QVC, Inc. stockholder
(77
)
(77
)
Balance at June 30, 2015
(116
)
(116
)
Schedule of Component of Comprehensive Income (Loss)
The component of other comprehensive income is reflected in QVC's condensed consolidated statements of comprehensive income, net of taxes. The following table summarizes the tax effects related to the component of other comprehensive income:
(in millions)
Before-tax amount

Tax benefit (expense)

Net-of-tax amount

Three months ended June 30, 2016
 
 
 
Foreign currency translation adjustments
$
2

3

5

Other comprehensive income
2

3

5

 
 
 
 
Three months ended June 30, 2015
 
 
 
Foreign currency translation adjustments
$
48

(26
)
22

Other comprehensive loss
48

(26
)
22

 
 
 
 
Six months ended June 30, 2016:



Foreign currency translation adjustments
$
30

9

39

Other comprehensive loss
30

9

39


 
 
 
Six months ended June 30, 2015:



Foreign currency translation adjustments
$
(80
)
—

(80
)
Other comprehensive loss
(80
)
—

(80
)