Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Equity

v3.24.0.1
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, 2020   1        
Balance at Dec. 31, 2020 $ 8,091 $ 0 $ 10,741 $ (2,766) $ (17) $ 133
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 851          
Net Income (Loss) Attributable to Noncontrolling Interest 64         64
Net Income (Loss) Attributable to Parent 787     787    
Dividends paid to Qurate Retail, Inc. and noncontrolling interest (1,023)     (963)   (60)
Impact of tax liability allocation and indemnification agreement with Qurate Retail, Inc. (73)   (73)      
Share-Based Payment Arrangement, Decrease for Tax Withholding Obligation (20)   (20)      
Stock-based compensation 44   44      
Other Significant Noncash Transaction, Value of Consideration Received (151)   151   0  
Balance at Dec. 31, 2021 7,721 $ 0 10,687 (2,942) (146) 122
Common Stock, Shares, Outstanding (ending) at Dec. 31, 2021   1        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Other Comprehensive Income (Loss), Net of Tax (144)       (129) 15
Net income (loss) (1,810)          
Net Income (Loss) Attributable to Noncontrolling Interest 57         57
Net Income (Loss) Attributable to Parent (1,867)     (1,867)    
Dividends paid to Qurate Retail, Inc. and noncontrolling interest (1,338)     (1,270)   (68)
Impact of tax liability allocation and indemnification agreement with Qurate Retail, Inc. (1)   0 1    
Share-Based Payment Arrangement, Decrease for Tax Withholding Obligation (5)   (5)      
Stock-based compensation 36   36      
Other Significant Noncash Transaction, Value of Consideration Given 151   (151)      
Other Significant Noncash Transaction, Value of Consideration Received         0  
Balance at Dec. 31, 2022 4,572 $ 0 10,869 (6,080) (312) 95
Common Stock, Shares, Outstanding (ending) at Dec. 31, 2022   1        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Other Comprehensive Income (Loss), Net of Tax (182)       (166) (16)
Net income (loss) 211          
Net Income (Loss) Attributable to Noncontrolling Interest 52         52
Net Income (Loss) Attributable to Parent 159     159    
Dividends paid to Qurate Retail, Inc. and noncontrolling interest (490)     (437)   (53)
Impact of tax liability allocation and indemnification agreement with Qurate Retail, Inc. (3)     3    
Stock-based compensation 32   32      
Other Significant Noncash Transaction, Value of Consideration Received     (151)      
Balance at Dec. 31, 2023 4,337 $ 0 $ 10,901 $ (6,361) (290) 87
Common Stock, Shares, Outstanding (ending) at Dec. 31, 2023   1        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Other Comprehensive Income (Loss), Net of Tax $ 15       $ 22 $ (7)