Unusual or Infrequently Occurring Items |
3 Months Ended |
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Mar. 31, 2022 | |
| Unusual or Infrequent Items, or Both [Abstract] | |
| Unusual or Infrequent Items, or Both, Disclosure | Fire at Rocky Mount Fulfillment Center On December 18, 2021, QVC experienced a fire at its Rocky Mount, Inc. fulfillment center in North Carolina. Rocky Mount was the Company’s second-largest fulfillment center for QxH and the Company’s primary returns center for hard goods.
The Company maintains property, general liability and business interruption insurance coverage. Based on provisions of QVC's insurance policies, the Company recorded insurance recoveries for certain fire related costs for which recovery was deemed probable. During the year ended December 31, 2021, the Company recorded $229 million of fire related costs for which recovery was deemed probable and received $100 million of insurance proceeds. During the three months ended March 31, 2022, the company incurred an additional $2 million in fire related costs, net that will not be reimbursed by QVC's insurance policies and $14 million of other fire related costs for which recovery was deemed probable based on the Company's insurance policies. As a result, the insurance receivable balance was $143 million as of March 31, 2022 and was recorded in accounts receivable in the Condensed Consolidated Balance Sheet. We are still in the process of assessing the extent of damage to property and recoverability of inventory and submitting relevant insurance claims. During the three months ended March 31, 2022, the Company recorded an $80 million write-down related to Rocky Mount inventory which was included in Cost of goods sold.
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