Information jvidÊÓƵ jvidÊÓƵ's Operating Segments (Tables)
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12 Months Ended |
Dec. 31, 2019 |
Information jvidÊÓƵ jvidÊÓƵ's Operating Segments |
Ìý
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Summarized Adjusted OIBDA |
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​ |
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Years ended DecemberÌý31, |
​ |
​ |
​ |
2019 |
​ |
2018 |
​ |
2017 |
​ |
​ |
ÌýÌýÌýÌý |
​ |
​ |
ÌýÌýÌýÌý |
Adjusted |
ÌýÌýÌýÌý |
​ |
ÌýÌýÌýÌý |
Adjusted |
ÌýÌýÌýÌý |
​ |
ÌýÌýÌýÌý |
Adjusted |
​ |
​ |
​ |
Revenue |
​ |
OIBDA |
​ |
Revenue |
​ |
OIBDA |
​ |
Revenue |
​ |
ÌýOIBDA |
​ |
​ |
​ |
amountsÌýinÌýmillions |
​ |
QxH |
​ |
$ |
8,277 |
Ìý |
1,536 |
Ìý |
8,544 |
Ìý |
1,630 |
Ìý |
6,140 |
Ìý |
1,455 |
​ |
QVC International |
​ |
​ |
2,709 |
​ |
446 |
​ |
2,738 |
​ |
429 |
​ |
2,631 |
​ |
451 |
​ |
Zulily |
​ |
​ |
1,571 |
​ |
48 |
​ |
1,817 |
​ |
108 |
​ |
1,613 |
​ |
91 |
​ |
Corporate and other |
​ |
Ìý |
901 |
Ìý |
(1) |
Ìý |
973 |
Ìý |
(13) |
Ìý |
23 |
Ìý |
(47) |
​ |
Inter-segment eliminations |
​ |
​ |
— |
​ |
— |
​ |
(2) |
​ |
— |
​ |
(3) |
​ |
— |
​ |
Consolidated jvidÊÓƵ |
​ |
$ |
13,458 |
Ìý |
2,029 |
Ìý |
14,070 |
Ìý |
2,154 |
Ìý |
10,404 |
Ìý |
1,950 |
​ |
​
​
|
Other Information By Segment |
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December 31, 2019 |
​ |
December 31, 2018 |
Ìý |
​ |
ÌýÌý |
​ |
ÌýÌý |
Investments |
ÌýÌý |
​ |
ÌýÌý |
​ |
ÌýÌý |
Investments |
ÌýÌý |
​ |
Ìý |
​ |
​ |
Total |
​ |
in |
​ |
Capital |
​ |
Total |
​ |
in |
​ |
Capital |
Ìý |
​ |
​ |
assets |
​ |
affiliates |
​ |
expenditures |
​ |
assets |
​ |
affiliates |
​ |
expenditures |
Ìý |
​ |
Ìý |
amountsÌýinÌýmillions |
​ |
QxH |
​ |
$ |
12,774 |
Ìý |
40 |
Ìý |
257 |
Ìý |
12,817 |
Ìý |
38 |
Ìý |
161 |
​ |
QVC International |
​ |
​ |
2,268 |
​ |
— |
​ |
34 |
​ |
2,154 |
​ |
— |
​ |
67 |
​ |
Zulily |
​ |
​ |
1,136 |
​ |
— |
​ |
23 |
​ |
2,199 |
​ |
— |
​ |
24 |
​ |
Corporate and other |
​ |
Ìý |
1,127 |
Ìý |
86 |
Ìý |
11 |
Ìý |
671 |
Ìý |
97 |
Ìý |
23 |
​ |
Consolidated jvidÊÓƵ |
​ |
$ |
17,305 |
Ìý |
126 |
Ìý |
325 |
Ìý |
17,841 |
Ìý |
135 |
Ìý |
275 |
​ |
|
Reconciliation Of Segment Adjusted OIBDA To Operating income (loss) and Earnings (Loss) From Continuing Operations Before Income Taxes |
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​ |
​ |
YearsÌýendedÌýDecemberÌý31, |
Ìý |
​ |
ÌýÌýÌýÌý |
2019 |
ÌýÌýÌýÌý |
2018 |
ÌýÌýÌýÌý |
2017 |
Ìý |
​ |
​ |
amountsÌýinÌýmillions |
Ìý |
Consolidated segment Adjusted OIBDA |
​ |
$ |
2,029 |
Ìý |
2,154 |
Ìý |
1,950 |
​ |
Stock-based compensation |
​ |
Ìý |
(71) |
Ìý |
(88) |
Ìý |
(123) |
​ |
Depreciation and amortization |
​ |
Ìý |
(606) |
Ìý |
(637) |
Ìý |
(725) |
​ |
Transaction related costs |
​ |
​ |
(1) |
​ |
(72) |
​ |
(59) |
​ |
Impairment of intangible assets and long lived assets |
​ |
​ |
(1,167) |
​ |
(33) |
​ |
— |
​ |
Operating income |
​ |
​ |
184 |
Ìý |
1,324 |
Ìý |
1,043 |
​ |
Interest expense |
​ |
Ìý |
(374) |
Ìý |
(381) |
Ìý |
(355) |
​ |
Share of earnings (loss) of affiliates, net |
​ |
Ìý |
(160) |
Ìý |
(162) |
Ìý |
(200) |
​ |
Realized and unrealized gains (losses) on financial instruments, net |
​ |
Ìý |
(251) |
Ìý |
76 |
Ìý |
145 |
​ |
Gains (losses) on transactions, net |
​ |
Ìý |
(1) |
Ìý |
1 |
Ìý |
410 |
​ |
Tax sharing income (expense) with GCI Liberty, Inc. |
​ |
​ |
(26) |
​ |
32 |
​ |
— |
​ |
Other, net |
​ |
Ìý |
6 |
Ìý |
(7) |
Ìý |
7 |
​ |
Earnings (loss) from continuing operations before income taxes |
​ |
$ |
(622) |
Ìý |
883 |
Ìý |
1,050 |
​ |
|
Schedule of Revenue by geographic area |
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​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
YearsÌýendedÌýDecemberÌý31, |
Ìý |
​ |
ÌýÌýÌýÌý |
2019 |
ÌýÌýÌýÌý |
2018 |
ÌýÌýÌýÌý |
2017 |
Ìý |
​ |
​ |
amountsÌýinÌýmillions |
Ìý |
United States |
​ |
$ |
10,666 |
Ìý |
11,233 |
Ìý |
7,684 |
​ |
Japan |
​ |
Ìý |
1,028 |
Ìý |
947 |
Ìý |
934 |
​ |
Germany |
​ |
Ìý |
890 |
Ìý |
943 |
Ìý |
899 |
​ |
Other foreign countries |
​ |
Ìý |
874 |
Ìý |
947 |
Ìý |
887 |
​ |
​ |
​ |
$ |
13,458 |
Ìý |
14,070 |
Ìý |
10,404 |
​ |
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Schedule of Long-lived Assets by Geographic Area |
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​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
​ |
DecemberÌý31, |
Ìý |
​ |
ÌýÌýÌýÌý |
2019 |
ÌýÌýÌýÌý |
2018 |
Ìý |
​ |
​ |
amountsÌýinÌýmillions |
Ìý |
United States |
​ |
$ |
935 |
Ìý |
869 |
​ |
Japan |
​ |
Ìý |
153 |
Ìý |
165 |
​ |
Germany |
​ |
Ìý |
154 |
Ìý |
161 |
​ |
Other foreign countries |
​ |
Ìý |
109 |
Ìý |
127 |
​ |
​ |
​ |
$ |
1,351 |
Ìý |
1,322 |
​ |
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