Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Equity

v3.22.0.1
Consolidated Statement of Equity - USD ($)
$ in Millions
Total
Common stock
Additional paid-in capital
Accumulated deficit
Accumulated other comprehensive loss
Noncontrolling interest
Common Stock, Shares, Outstanding (beginning) at Dec. 31, 2018   1        
Balance at Dec. 31, 2018 $ 6,829 $ 0 $ 9,123 $ (2,269) $ (144) $ 119
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 817          
Net Income (Loss) Attributable to Noncontrolling Interest 50         50
Net Income (Loss) Attributable to Parent 767     767    
Proceeds from Contributions from Parent 50   50      
Dividends paid to Qurate Retail, Inc. and noncontrolling interest (919)     (879)   (40)
Withholding taxes on net share settlements of stock-based compensation (4)   (4)      
Stock-based compensation 39   39      
Common Stock, Shares, Outstanding (ending) at Dec. 31, 2019   1        
Balance at Dec. 31, 2019 6,804 $ 0 9,208 (2,390) (144) 130
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Other Comprehensive Income (Loss), Net of Tax 1         (1)
Net income 910          
Net Income (Loss) Attributable to Noncontrolling Interest 58         58
Net Income (Loss) Attributable to Parent 852     852    
Proceeds from Contributions from Parent 0          
Dividends paid to Qurate Retail, Inc. and noncontrolling interest (1,246)     (1,184)   (62)
Withholding taxes on net share settlements of stock-based compensation (2)   (2)      
Stock-based compensation 37   37      
Common Stock, Shares, Outstanding (ending) at Dec. 31, 2020   1        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Other Significant Noncash Transaction, Value of Consideration Received 1,514   1,498   16  
Balance at Dec. 31, 2020 8,135 $ 0 10,741 (2,722) (17) 133
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Other Comprehensive Income (Loss), Net of Tax 118       111 7
Net income 851          
Net Income (Loss) Attributable to Noncontrolling Interest 64         64
Net Income (Loss) Attributable to Parent 787     787    
Proceeds from Contributions from Parent 0          
Dividends paid to Qurate Retail, Inc. and noncontrolling interest (1,023)     (963)   (60)
Tax liability allocation to wholly-owned parent (73)   (73)      
Withholding taxes on net share settlements of stock-based compensation (20)   (20)      
Stock-based compensation $ 44   $ 44      
Common Stock, Shares, Outstanding (ending) at Dec. 31, 2021   1        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Other Significant Noncash Transaction, Consideration Given (151)   (151)      
Balance at Dec. 31, 2021 $ 7,765 $ 0 $ 10,687 $ (2,898) (146) 122
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Other Comprehensive Income (Loss), Net of Tax $ (144)       $ (129) $ (15)