Quarterly report pursuant to Section 13 or 15(d)

Other Comprehensive Income

v3.19.1
Other Comprehensive Income
 3 Months Ended
Mar. 31, 2019
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Comprehensive Income (Loss)
Other Comprehensive Income
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, 2019
$
(144
)
(144
)
Other comprehensive income attributable to QVC, Inc. stockholder
(6
)
(6
)
Balance at March 31, 2019
(150
)
(150
)
 
 
 
Balance at January 1, 2018
$
(93
)
(93
)
Other comprehensive income attributable to QVC, Inc. stockholder
63

63

Balance at March 31, 2018
(30
)
(30
)

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 expense

Net-of-tax amount

Three months ended March 31, 2019
 
 
 
Foreign currency translation adjustments
$
(6
)
—

(6
)
Other comprehensive income
(6
)
—

(6
)
 
 
 
 
Three months ended March 31, 2018
 
 
 
Foreign currency translation adjustments
$
71

(1
)
70

Other comprehensive income
71

(1
)
70