jvidÊÓƵ

Quarterly report pursuant to Section 13 or 15(d)

Information jvidÊÓƵ jvidÊÓƵ's Operating Segments (Tables)

v3.23.1
Information jvidÊÓƵ jvidÊÓƵ's Operating Segments (Tables)
3 Months Ended
Mar. 31, 2023
Information jvidÊÓƵ jvidÊÓƵ's Operating Segments Ìý
Schedule of disaggregation of revenue

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended

​

​

​

MarchÌý31, 2023

​

​

​

​

QxH

​

QVC Int'l

​

CBI

​

Corp and other

​

Total

​

​

in millions

​

Home

​

$

635

​

237

​

214

​

50

​

1,136

​

Apparel

​

​

295

​

113

​

45

​

70

​

523

​

Beauty

​

​

246

​

133

​

—

​

9

​

388

​

Accessories

​

​

192

​

51

​

—

​

50

​

293

​

Electronics

​

​

110

​

17

​

—

​

2

​

129

​

Jewelry

​

​

77

​

39

​

—

​

8

​

124

​

Other revenue

​

​

46

​

2

​

—

​

3

​

51

​

Total Revenue

​

$

1,601

​

592

​

259

​

192

​

2,644

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended

​

​

​

MarchÌý31, 2022

​

​

​

​

QxH

​

QVC Int'l

​

CBI

​

Corp and other

​

Total

​

​

in millions

​

Home

​

$

649

​

273

​

246

​

61

​

1,229

​

Apparel

​

​

296

​

117

​

51

​

94

​

558

​

Beauty

​

​

261

​

145

​

—

​

11

​

417

​

Accessories

​

​

202

​

55

​

—

​

49

​

306

​

Electronics

​

​

147

​

26

​

—

​

2

​

175

​

Jewelry

​

​

87

​

52

​

—

​

9

​

148

​

Other revenue

​

​

42

​

2

​

—

​

6

​

50

​

Total Revenue

​

$

1,684

​

670

​

297

​

232

​

2,883

​

​

Performance Measures

​

​

​

​

​

​

​

​

​

​

Three months ended MarchÌý31,

​

​

​

​

2023

​

2022

​

​

​

amountsÌýinÌýmillions

​

QxH

​

$

139

Ìý

225

​

QVC International

​

​

72

​

104

​

CBI

​

Ìý

4

Ìý

31

​

Corporate and other

​

Ìý

(36)

Ìý

(25)

​

Consolidated jvidÊÓƵ

​

$

179

Ìý

335

​

Other Information By Segment

​

​

​

​

​

​

​

​

​

​

MarchÌý31, 2023

Ìý

​

​

Total assets

​

Capital expenditures

Ìý

​

​

amountsÌýinÌýmillions

Ìý

QxH

​

$

8,454

Ìý

33

​

QVC International

​

​

1,923

​

7

​

CBI

​

​

548

​

3

​

Corporate and other

​

Ìý

1,275

Ìý

11

​

Consolidated jvidÊÓƵ

​

$

12,200

Ìý

54

​

​

Reconciliation Of Segment Adjusted OIBDA To Operating income (loss) and Earnings (Loss) From Continuing Operations Before Income Taxes

​

​

​

​

​

​

​

​

​

​

Three months ended

Ìý

​

​

MarchÌý31,

Ìý

​

ÌýÌýÌýÌý

2023

ÌýÌýÌýÌý

2022

Ìý

​

​

amountsÌýinÌýmillions

Ìý

Adjusted OIBDA

​

$

179

Ìý

335

​

Stock-based compensation

​

Ìý

(16)

Ìý

(15)

​

Depreciation and amortization

​

Ìý

(100)

Ìý

(130)

​

Restructuring and fire related costs, net of recoveries (including Rocky Mount inventory losses, see note 8)

​

​

—

​

(84)

​

Gains on sale leaseback transactions

​

​

113

​

—

​

Operating income (loss)

​

$

176

​

106

​

Interest expense

​

Ìý

(94)

Ìý

(117)

​

Realized and unrealized gains (losses) on financial instruments, net

​

Ìý

(47)

Ìý

30

​

Gain (loss) on extinguishment of debt

​

​

15

​

—

​

Other, net

​

Ìý

15

Ìý

52

​

Earnings (loss) before income taxes

​

$

65

Ìý

71

​