Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies Common control transaction (Tables)

v3.10.0.1
Summary of Significant Accounting Policies Common control transaction (Tables)
 12 Months Ended
Dec. 31, 2018
Business Acquisition [Line Items]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
As a result of the common control transaction with Qurate Retail (see note 1), QVC received the following assets and liabilities as of December 29, 2017 through a capital contribution, which reflected the initial purchase price allocation for HSN by Qurate Retail (in millions):
Cash and cash equivalents
$
22

Accounts receivable
292

Inventory
185

Property and equipment
165

Goodwill
904

Other intangible assets
1,165

Other assets
37

Accounts payable-trade and accrued liabilities
(366
)
Long-term portion of debt
(460
)
Deferred income taxes
(263
)
Other long-term liabilities
(10
)
Capital contribution from Qurate Retail, Inc.
$
1,671

Business Acquisition, Pro Forma Information [Table Text Block]
The unaudited pro forma net revenue and income before income taxes of QVC, prepared utilizing the historical financial statements of HSN, giving effect to purchase accounting related adjustments made at the time of acquisition, as if the transaction discussed above occurred on January 1, 2016, are as follows:
 
Years Ended December 31,
 
(in millions) (unaudited)
2017
2016
Net revenue
$
11,114

11,161

Income before income taxes
1,163

1,222