Information about QVC's Operating Segments (Reconciliation of Adjusted OIBDA to Income before Income Taxes) (Details) - USD ($) $ in Millions |
12 Months Ended | ||
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Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
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Segment Reporting [Abstract] | |||
Adjusted OIBDA | $ 2,001 | $ 2,057 | $ 1,982 |
Fire related costs, net | 21 | 0 | 0 |
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | 0 | 0 | (147) |
Business Combination, Separately Recognized Transactions, Additional Disclosures, Acquisition Cost Expensed | 0 | 0 | (1) |
Stock-based compensation | (44) | (37) | (39) |
Depreciation and amortization | (429) | (453) | (468) |
Operating income | 1,507 | 1,567 | 1,327 |
Equity in losses of investee | (2) | (30) | 0 |
Gains (losses) on financial instruments | 8 | 3 | (5) |
Interest expense, net | (249) | (257) | (240) |
Foreign currency (loss) gain | (9) | 6 | (3) |
Loss on extinguishment of debt | (7) | (42) | 0 |
Other Income | 11 | 0 | 0 |
Income before income taxes | $ 1,259 | $ 1,247 | $ 1,079 |
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- Definition Adjusted OIBDA during the reporting period. Adjusted OIBDA is defined as revenue less cost of sales, operating expenses, and selling, general and administrative expenses (excluding stock-based compensation). No definition available.
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- Definition Amount of expense for award under share-based payment arrangement. Excludes amount capitalized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition For transactions that are recognized separately from the acquisition of assets and assumptions of liabilities in the business combination, such as related to pre-existing relationships with the acquiree, this element represents the disclosure of the amount of acquisition related costs which have been expensed. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Aggregate net gain (loss) on all derivative instruments recognized in earnings during the period, before tax effects. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of impairment loss resulting from write-down of assets, excluding financial assets and goodwill, lacking physical substance and having a projected indefinite period of benefit to fair value. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net amount of operating interest income (expense). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of revenue and income classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount, after deduction of insurance proceeds, of loss recognized in the income statement for an event or transaction that is unusual in nature or infrequent in occurrence, or both. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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