Quarterly report pursuant to Section 13 or 15(d)

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

v3.19.3
Guarantor/Non-Guarantor Subsidiary Financial Information (Statement of Operations) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Condensed Financial Statements, Captions [Line Items]        
Revenues $ 2,504 $ 2,569 $ 7,519 $ 7,727
Cost of goods sold (exclusive of depreciation and amortization shown separately below) 1,615 1,637 4,803 4,882
Operating costs and expenses:        
Operating 181 208 537 630
Selling, general and administrative, including transaction related costs and stock-based compensation 266 311 804 858
Depreciation 43 43 143 130
Amortization 69 65 211 176
Operating expenses 2,174 2,264 6,498 6,676
Operating income 330 305 1,021 1,051
Equity in losses of investee 0 (1) (1) (2)
Gain (Loss) on Derivative Instruments, Net, Pretax (2) (1) (5) 0
Foreign currency loss 0 (1) (3) 0
Interest expense, net (61) (50) (182) (183)
Intercompany Interest (Expense) Income 0 0   0
Nonoperating Income (Expense) (63) (53) (191) (185)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 267 252 830 866
Other expense:        
Income tax expense (79) (71) (238) (229)
Equity in earnings of subsidiaries, net of tax 0 0 0 0
Net income 188 181 592 637
Less net income attributable to the noncontrolling interest (14) (11) (36) (33)
Net income attributable to QVC, Inc. stockholder 174 170 556 604
Parent issuer- QVC, Inc.        
Condensed Financial Statements, Captions [Line Items]        
Revenues 1,389 1,459 4,199 4,374
Cost of goods sold (exclusive of depreciation and amortization shown separately below) 855 879 2,547 2,615
Operating costs and expenses:        
Operating 100 109 304 308
Selling, general and administrative, including transaction related costs and stock-based compensation 279 303 838 855
Depreciation 16 16 47 49
Amortization 17 21 54 60
Operating expenses 1,267 1,328 3,790 3,887
Operating income 122 131 409 487
Equity in losses of investee   0 0 0
Gain (Loss) on Derivative Instruments, Net, Pretax (2) 0 (5)  
Foreign currency loss 2 0 1 2
Interest expense, net (59) (57) (179) (171)
Intercompany Interest (Expense) Income 6 (8) 22 (23)
Nonoperating Income (Expense) (53) (65) (161) (192)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 69 66 248 295
Other expense:        
Income tax expense (25) (27) (83) (87)
Equity in earnings of subsidiaries, net of tax 144 142 427 429
Net income 188 181 592 637
Less net income attributable to the noncontrolling interest (14) (11) (36) (33)
Net income attributable to QVC, Inc. stockholder 174 170 556 604
Combined subsidiary guarantors        
Condensed Financial Statements, Captions [Line Items]        
Revenues 707 744 2,115 2,167
Cost of goods sold (exclusive of depreciation and amortization shown separately below) 359 375 1,074 1,081
Operating costs and expenses:        
Operating 99 132 291 381
Selling, general and administrative, including transaction related costs and stock-based compensation 52 76 151 207
Depreciation 8 9 26 27
Amortization 50 41 148 108
Operating expenses 568 633 1,690 1,804
Operating income 139 111 425 363
Equity in losses of investee   0 0 0
Gain (Loss) on Derivative Instruments, Net, Pretax 0 (1) 0  
Foreign currency loss 0 0 0 0
Interest expense, net 1 8 3 (9)
Intercompany Interest (Expense) Income 11 38 29 114
Nonoperating Income (Expense) 12 45 32 105
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 151 156 457 468
Other expense:        
Income tax expense (32) (31) (89) (93)
Equity in earnings of subsidiaries, net of tax 10 4 15 38
Net income 129 129 383 413
Less net income attributable to the noncontrolling interest 0 0 0 0
Net income attributable to QVC, Inc. stockholder 129 129 383 413
Combined non-guarantor subsidiaries        
Condensed Financial Statements, Captions [Line Items]        
Revenues 705 701 2,095 2,133
Cost of goods sold (exclusive of depreciation and amortization shown separately below) 441 431 1,292 1,311
Operating costs and expenses:        
Operating 71 70 208 214
Selling, general and administrative, including transaction related costs and stock-based compensation 103 116 329 345
Depreciation 19 18 70 54
Amortization 2 3 9 8
Operating expenses 636 638 1,908 1,932
Operating income 69 63 187 201
Equity in losses of investee   (1) (1) (2)
Gain (Loss) on Derivative Instruments, Net, Pretax 0 0 0  
Foreign currency loss (2) (1) (4) (2)
Interest expense, net (3) (1) (6) (3)
Intercompany Interest (Expense) Income (17) (30) (51) (91)
Nonoperating Income (Expense) (22) (33) (62) (98)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 47 30 125 103
Other expense:        
Income tax expense (22) (13) (66) (49)
Equity in earnings of subsidiaries, net of tax 0 0 0 0
Net income 25 17 59 54
Less net income attributable to the noncontrolling interest (14) (11) (36) (33)
Net income attributable to QVC, Inc. stockholder 11 6 23 21
Eliminations        
Condensed Financial Statements, Captions [Line Items]        
Revenues (297) (335) (890) (947)
Cost of goods sold (exclusive of depreciation and amortization shown separately below) (40) (48) (110) (125)
Operating costs and expenses:        
Operating (89) (103) (266) (273)
Selling, general and administrative, including transaction related costs and stock-based compensation (168) (184) (514) (549)
Depreciation 0 0 0 0
Amortization 0 0 0 0
Operating expenses (297) (335) (890) (947)
Operating income 0 0 0 0
Equity in losses of investee   0 0 0
Gain (Loss) on Derivative Instruments, Net, Pretax 0 0 0  
Foreign currency loss 0 0 0 0
Interest expense, net 0 0 0 0
Intercompany Interest (Expense) Income 0 0 0 0
Nonoperating Income (Expense) 0 0 0 0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 0 0 0 0
Other expense:        
Income tax expense 0 0 0 0
Equity in earnings of subsidiaries, net of tax (154) (146) (442) (467)
Net income (154) (146) (442) (467)
Less net income attributable to the noncontrolling interest 14 11 36 33
Net income attributable to QVC, Inc. stockholder (140) (135) (406) (434)
QVC-International        
Condensed Financial Statements, Captions [Line Items]        
Revenues 650 640 1,934 1,972
Operating costs and expenses:        
Depreciation 14 14 58 42
Amortization 4 2 10 8
QxH [Member]        
Condensed Financial Statements, Captions [Line Items]        
Revenues 1,854 1,929 5,585 5,755
Operating costs and expenses:        
Depreciation 29 29 85 88
Amortization $ 65 $ 63 $ 201 $ 168