10-Q Filing

QVC GROUP, INC. CIK: 1355096 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001558370-22-012400`
Period End Date	20220630
Filing Date	20220805
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	qrtea-20220630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 79 Cash Flow Statement 89 Stockholders Equity 38 Comprehensive Income 28

Balance Sheet 69 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$107.00M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$109.00M	USD	Point-in-time
Current portion of debt, fair value	`ShorttermDebtFairValue`	$1.31B	USD	Point-in-time
Current portion of debt, fair value	`ShorttermDebtFairValue`	$895.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$587.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$561.00M	USD	Point-in-time
Trade and other receivables, net of allowance for credit losses of $109 million and $107 million, respectively	`ReceivablesNetCurrent`	$1.68B	USD	Point-in-time
Trade and other receivables, net of allowance for credit losses of $109 million and $107 million, respectively	`ReceivablesNetCurrent`	$1.14B	USD	Point-in-time
Inventory, net	`InventoryNet`	$1.74B	USD	Point-in-time
Inventory, net	`InventoryNet`	$1.62B	USD	Point-in-time
Indemnification agreement receivable	`IndemnificationAgreementReceivable`	$175.00M	USD	Point-in-time
Indemnification agreement receivable	`IndemnificationAgreementReceivable`	$324.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$226.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$235.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.45B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.84B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$813.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.03B	USD	Point-in-time
Goodwill	`Goodwill`	$6.25B	USD	Point-in-time
Goodwill	`Goodwill`	$6.34B	USD	Point-in-time
Trademarks	`IndefiniteLivedTrademarks`	$3.04B	USD	Point-in-time
Trademarks	`IndefiniteLivedTrademarks`	$3.04B	USD	Point-in-time
Intangible assets not subject to amortization	`IndefiniteLivedIntangibleAssetsTotal`	$9.38B	USD	Point-in-time
Intangible assets not subject to amortization	`IndefiniteLivedIntangibleAssetsTotal`	$9.29B	USD	Point-in-time
Intangible assets subject to amortization, net (note 5)	`FiniteLivedIntangibleAssetsNet`	$666.00M	USD	Point-in-time
Intangible assets subject to amortization, net (note 5)	`FiniteLivedIntangibleAssetsNet`	$745.00M	USD	Point-in-time
Other assets, at cost, net of accumulated amortization	`OtherAssetsNoncurrent`	$602.00M	USD	Point-in-time
Other assets, at cost, net of accumulated amortization	`OtherAssetsNoncurrent`	$621.00M	USD	Point-in-time
Total assets	`Assets`	$16.20B	USD	Point-in-time
Total assets	`Assets`	$15.23B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.43B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.04B	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$1.02B	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$1.24B	USD	Point-in-time
Current portion of debt, $895 million and $1,315 million measured at fair value (note 6)	`DebtCurrent`	$1.31B	USD	Point-in-time
Current portion of debt, $895 million and $1,315 million measured at fair value (note 6)	`DebtCurrent`	$1.11B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$244.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$202.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.22B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.37B	USD	Point-in-time
Long-term debt (note 6)	`LongTermDebtNoncurrent`	$5.36B	USD	Point-in-time
Long-term debt (note 6)	`LongTermDebtNoncurrent`	$5.67B	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.35B	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.46B	USD	Point-in-time
Preferred stock (note 7)	`SharesSubjectToMandatoryRedemptionSettlementTermsAmountNoncurrent`	$1.26B	USD	Point-in-time
Preferred stock (note 7)	`SharesSubjectToMandatoryRedemptionSettlementTermsAmountNoncurrent`	$1.26B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$707.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$582.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$13.22B	USD	Point-in-time
Total liabilities	`Liabilities`	$12.04B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$23.00M	USD	Point-in-time
Accumulated other comprehensive earnings (loss), net of taxes	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-89.00M	USD	Point-in-time
Accumulated other comprehensive earnings (loss), net of taxes	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-79.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.92B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.13B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.85B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.07B	USD	Point-in-time
Noncontrolling interests in equity of subsidiaries	`MinorityInterest`	$119.00M	USD	Point-in-time
Noncontrolling interests in equity of subsidiaries	`MinorityInterest`	$136.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.87B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.99B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.69B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.72B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.19B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.96B	USD	Point-in-time
Commitments and contingencies (note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$16.20B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$15.23B	USD	Point-in-time

Income Statement 79 line items

Line Item	Tag	Value	Unit	Period
Total revenue, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.84B	USD	2 Qtrs
Total revenue, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.50B	USD	1 Quarter
Total revenue, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.84B	USD	2 Qtrs
Total revenue, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.95B	USD	1 Quarter
Cost of goods sold (exclusive of depreciation shown separately below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$3.98B	USD	2 Qtrs
Cost of goods sold (exclusive of depreciation shown separately below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$1.98B	USD	1 Quarter
Cost of goods sold (exclusive of depreciation shown separately below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$2.24B	USD	1 Quarter
Cost of goods sold (exclusive of depreciation shown separately below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$4.43B	USD	2 Qtrs
Operating expense	`OperatingCostsAndExpensesOtherThanDeprecation`	$217.00M	USD	1 Quarter
Operating expense	`OperatingCostsAndExpensesOtherThanDeprecation`	$394.00M	USD	2 Qtrs
Operating expense	`OperatingCostsAndExpensesOtherThanDeprecation`	$423.00M	USD	2 Qtrs
Operating expense	`OperatingCostsAndExpensesOtherThanDeprecation`	$198.00M	USD	1 Quarter
Selling, general and administrative, including stock-based compensation (note 2)	`SellingGeneralAndAdministrativeExpense`	$920.00M	USD	2 Qtrs
Selling, general and administrative, including stock-based compensation (note 2)	`SellingGeneralAndAdministrativeExpense`	$461.00M	USD	1 Quarter
Selling, general and administrative, including stock-based compensation (note 2)	`SellingGeneralAndAdministrativeExpense`	$906.00M	USD	2 Qtrs
Selling, general and administrative, including stock-based compensation (note 2)	`SellingGeneralAndAdministrativeExpense`	$485.00M	USD	1 Quarter
Restructuring and fire related costs, net	`RestructuringAndUnusualOrInfrequentItemCostsNetOfInsuranceProceeds`	$7.00M	USD	1 Quarter
Restructuring and fire related costs, net	`RestructuringAndUnusualOrInfrequentItemCostsNetOfInsuranceProceeds`	$11.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$257.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$134.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$264.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$129.00M	USD	1 Quarter
(Gain) loss on sale of fixed assets, net (note 8)	`GainLossOnSaleOfPropertyPlantEquipment`	$243.00M	USD	2 Qtrs
(Gain) loss on sale of fixed assets, net (note 8)	`GainLossOnSaleOfPropertyPlantEquipment`	$243.00M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$2.54B	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$3.07B	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$6.04B	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$5.31B	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$433.00M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$418.00M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$806.00M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$524.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$236.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$119.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$235.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$118.00M	USD	1 Quarter
Share of earnings (losses) of affiliates, net	`IncomeLossFromEquityMethodInvestments`	$-22.00M	USD	1 Quarter
Share of earnings (losses) of affiliates, net	`IncomeLossFromEquityMethodInvestments`	$-54.00M	USD	2 Qtrs
Share of earnings (losses) of affiliates, net	`IncomeLossFromEquityMethodInvestments`	$-1.00M	USD	2 Qtrs
Realized and unrealized gains (losses) on financial instruments, net (note 4)	`GainLossOnInvestments`	$7.00M	USD	1 Quarter
Realized and unrealized gains (losses) on financial instruments, net (note 4)	`GainLossOnInvestments`	$19.00M	USD	1 Quarter
Realized and unrealized gains (losses) on financial instruments, net (note 4)	`GainLossOnInvestments`	$37.00M	USD	2 Qtrs
Realized and unrealized gains (losses) on financial instruments, net (note 4)	`GainLossOnInvestments`	$60.00M	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$-10.00M	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$88.00M	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$-23.00M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$35.00M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-77.00M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-239.00M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-112.00M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-144.00M	USD	1 Quarter
Earnings (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$412.00M	USD	2 Qtrs
Earnings (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$289.00M	USD	1 Quarter
Earnings (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$341.00M	USD	1 Quarter
Earnings (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$567.00M	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$39.00M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$93.00M	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$178.00M	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$120.00M	USD	1 Quarter
Net earnings (loss)	`ProfitLoss`	$234.00M	USD	2 Qtrs
Net earnings (loss)	`ProfitLoss`	$221.00M	USD	1 Quarter
Net earnings (loss)	`ProfitLoss`	$250.00M	USD	1 Quarter
Net earnings (loss)	`ProfitLoss`	$474.00M	USD	2 Qtrs
Less net earnings (loss) attributable to the noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$30.00M	USD	2 Qtrs
Less net earnings (loss) attributable to the noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$28.00M	USD	1 Quarter
Less net earnings (loss) attributable to the noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$18.00M	USD	1 Quarter
Less net earnings (loss) attributable to the noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$46.00M	USD	2 Qtrs
Net earnings (loss) attributable to Qurate Retail, Inc. shareholders	`NetIncomeLoss`	$428.00M	USD	2 Qtrs
Net earnings (loss) attributable to Qurate Retail, Inc. shareholders	`NetIncomeLoss`	$204.00M	USD	2 Qtrs
Net earnings (loss) attributable to Qurate Retail, Inc. shareholders	`NetIncomeLoss`	$222.00M	USD	1 Quarter
Net earnings (loss) attributable to Qurate Retail, Inc. shareholders	`NetIncomeLoss`	$203.00M	USD	1 Quarter
Basic net earnings (loss) attributable to Series A and Series B Qurate Retail, Inc. shareholders per common share (note 3):	`EarningsPerShareBasic`	$1.04	USD	2 Qtrs
Basic net earnings (loss) attributable to Series A and Series B Qurate Retail, Inc. shareholders per common share (note 3):	`EarningsPerShareBasic`	$0.53	USD	1 Quarter
Basic net earnings (loss) attributable to Series A and Series B Qurate Retail, Inc. shareholders per common share (note 3):	`EarningsPerShareBasic`	$0.54	USD	1 Quarter
Basic net earnings (loss) attributable to Series A and Series B Qurate Retail, Inc. shareholders per common share (note 3):	`EarningsPerShareBasic`	$0.54	USD	2 Qtrs
Diluted net earnings (loss) attributable to Series A and Series B Qurate Retail, Inc. shareholders per common share (note 3):	`EarningsPerShareDiluted`	$0.53	USD	2 Qtrs
Diluted net earnings (loss) attributable to Series A and Series B Qurate Retail, Inc. shareholders per common share (note 3):	`EarningsPerShareDiluted`	$0.52	USD	1 Quarter
Diluted net earnings (loss) attributable to Series A and Series B Qurate Retail, Inc. shareholders per common share (note 3):	`EarningsPerShareDiluted`	$1.01	USD	2 Qtrs
Diluted net earnings (loss) attributable to Series A and Series B Qurate Retail, Inc. shareholders per common share (note 3):	`EarningsPerShareDiluted`	$0.53	USD	1 Quarter

Cash Flow Statement 89 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$587.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$561.00M	USD	Point-in-time
Restricted cash included in other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$9.00M	USD	Point-in-time
Restricted cash included in other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$9.00M	USD	Point-in-time
Net earnings (loss)	`ProfitLoss`	$474.00M	USD	2 Qtrs
Net earnings (loss)	`ProfitLoss`	$250.00M	USD	1 Quarter
Net earnings (loss)	`ProfitLoss`	$234.00M	USD	2 Qtrs
Net earnings (loss)	`ProfitLoss`	$221.00M	USD	1 Quarter
Total cash, cash equivalents and restricted cash in the condensed consolidated statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$596.00M	USD	Point-in-time
Total cash, cash equivalents and restricted cash in the condensed consolidated statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$570.00M	USD	Point-in-time
Depreciation and amortization	`DepreciationAndAmortization`	$257.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$134.00M	USD	1 Quarter
Total cash, cash equivalents and restricted cash in the condensed consolidated statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$958.00M	USD	Point-in-time
Depreciation and amortization	`DepreciationAndAmortization`	$264.00M	USD	2 Qtrs
Total cash, cash equivalents and restricted cash in the condensed consolidated statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$814.00M	USD	Point-in-time
Depreciation and amortization	`DepreciationAndAmortization`	$129.00M	USD	1 Quarter
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$19.00M	USD	1 Quarter
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$16.00M	USD	1 Quarter
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$31.00M	USD	2 Qtrs
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$35.00M	USD	2 Qtrs
Share of (earnings) losses of affiliates, net	`IncomeLossFromEquityMethodInvestments`	$-1.00M	USD	2 Qtrs
Share of (earnings) losses of affiliates, net	`IncomeLossFromEquityMethodInvestments`	$-54.00M	USD	2 Qtrs
Share of (earnings) losses of affiliates, net	`IncomeLossFromEquityMethodInvestments`	$-22.00M	USD	1 Quarter
Realized and unrealized (gains) losses on financial instruments, net	`GainLossOnInvestments`	$37.00M	USD	2 Qtrs
Realized and unrealized (gains) losses on financial instruments, net	`GainLossOnInvestments`	$60.00M	USD	2 Qtrs
Realized and unrealized (gains) losses on financial instruments, net	`GainLossOnInvestments`	$19.00M	USD	1 Quarter
Realized and unrealized (gains) losses on financial instruments, net	`GainLossOnInvestments`	$7.00M	USD	1 Quarter
(Gain) loss on sale of fixed assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$243.00M	USD	2 Qtrs
(Gain) loss on sale of fixed assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$243.00M	USD	1 Quarter
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-10.00M	USD	2 Qtrs
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$56.00M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$5.00M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-7.00M	USD	2 Qtrs
Decrease (increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-420.00M	USD	2 Qtrs
Decrease (increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-429.00M	USD	2 Qtrs
Decrease (increase) in inventory	`IncreaseDecreaseInInventories`	$133.00M	USD	2 Qtrs
Decrease (increase) in inventory	`IncreaseDecreaseInInventories`	$139.00M	USD	2 Qtrs
Decrease (increase) in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-64.00M	USD	2 Qtrs
Decrease (increase) in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-41.00M	USD	2 Qtrs
(Decrease) increase in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-364.00M	USD	2 Qtrs
(Decrease) increase in trade accounts payable	`IncreaseDecreaseInAccountsPayable`	$-136.00M	USD	2 Qtrs
(Decrease) increase in accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-317.00M	USD	2 Qtrs
(Decrease) increase in accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-279.00M	USD	2 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-58.00M	USD	2 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$702.00M	USD	2 Qtrs
Investments in and loans to cost and equity investees	`PaymentsToAcquireInvestments`	$139.00M	USD	2 Qtrs
Investments in and loans to cost and equity investees	`PaymentsToAcquireInvestments`	$7.00M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$101.00M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$110.00M	USD	2 Qtrs
Expenditures for television distribution rights	`PaymentsForAffiliateAgreements`	$15.00M	USD	2 Qtrs
Expenditures for television distribution rights	`PaymentsForAffiliateAgreements`	$170.00M	USD	2 Qtrs
Cash proceeds from dispositions of investments	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$12.00M	USD	2 Qtrs
Cash proceeds from dispositions of investments	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$2.00M	USD	2 Qtrs
Proceeds from sale of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$256.00M	USD	2 Qtrs
Proceeds from sale of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$40.00M	USD	2 Qtrs
Insurance proceeds	`ProceedsFromInsuranceSettlementInvestingActivities`	$70.00M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-22.00M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$2.00M	USD	2 Qtrs
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$237.00M	USD	2 Qtrs
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-379.00M	USD	2 Qtrs
Borrowings of debt	`ProceedsFromIssuanceOfLongTermDebt`	$302.00M	USD	2 Qtrs
Borrowings of debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.35B	USD	2 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$230.00M	USD	2 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$1.47B	USD	2 Qtrs
Repurchases of Qurate Retail common stock	`PaymentsForRepurchaseOfCommonStock`	$105.00M	USD	2 Qtrs
Withholding taxes on net share settlements of stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$24.00M	USD	2 Qtrs
Withholding taxes on net share settlements of stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.00M	USD	2 Qtrs
Derivative payments to counterparties	`PaymentsForDerivativeInstrumentFinancingActivities`	$81.00M	USD	2 Qtrs
Derivative proceeds from counterparties	`ProceedsFromDerivativeInstrumentFinancingActivities`	$24.00M	USD	2 Qtrs
Dividends paid to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$31.00M	USD	2 Qtrs
Dividends paid to noncontrolling interest	`PaymentsOfDividendsMinorityInterest`	$27.00M	USD	2 Qtrs
Dividends paid to common shareholders	`PaymentsOfDividendsCommonStock`	$13.00M	USD	2 Qtrs
Dividends paid to common shareholders	`PaymentsOfDividendsCommonStock`	$10.00M	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-10.00M	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-6.00M	USD	2 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-164.00M	USD	2 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-166.00M	USD	2 Qtrs
Effect of foreign currency exchange rates on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-15.00M	USD	2 Qtrs
Effect of foreign currency exchange rates on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-39.00M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$144.00M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-26.00M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$570.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$596.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$814.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$958.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$958.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$570.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$814.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$596.00M	USD	Point-in-time

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.99B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.87B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.69B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.72B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.19B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.96B	USD	Point-in-time
Net earnings (loss)	`ProfitLoss`	$234.00M	USD	2 Qtrs
Net earnings (loss)	`ProfitLoss`	$221.00M	USD	1 Quarter
Net earnings (loss)	`ProfitLoss`	$474.00M	USD	2 Qtrs
Net earnings (loss)	`ProfitLoss`	$250.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$2.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-29.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$28.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-101.00M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$30.00M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$16.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$33.00M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$18.00M	USD	1 Quarter
Series A Qurate Retail stock repurchases	`StockRepurchasedDuringPeriodValue`	$105.00M	USD	2 Qtrs
Series A Qurate Retail stock repurchases	`StockRepurchasedDuringPeriodValue`	$64.00M	USD	1 Quarter
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$15.00M	USD	1 Quarter
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$28.00M	USD	2 Qtrs
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$13.00M	USD	1 Quarter
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$31.00M	USD	2 Qtrs
Withholding taxes on net share settlements of stock-based compensation	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-8.00M	USD	2 Qtrs
Withholding taxes on net share settlements of stock-based compensation	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-24.00M	USD	2 Qtrs
Withholding taxes on net share settlements of stock-based compensation	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-3.00M	USD	1 Quarter
Withholding taxes on net share settlements of stock-based compensation	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-1.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$67.00M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$66.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$-3.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$-6.00M	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.19B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.99B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.87B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.69B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.72B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.96B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net earnings (loss)	`ProfitLoss`	$474.00M	USD	2 Qtrs
Net earnings (loss)	`ProfitLoss`	$250.00M	USD	1 Quarter
Net earnings (loss)	`ProfitLoss`	$234.00M	USD	2 Qtrs
Net earnings (loss)	`ProfitLoss`	$221.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-143.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-64.00M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$9.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-203.00M	USD	2 Qtrs
Comprehensive earnings (loss) attributable to debt credit risk adjustments	`OtherComprehensiveIncomeLossCreditRiskOnFairValueDebtInstrumentsGainLossNetOfTax`	$19.00M	USD	1 Quarter
Comprehensive earnings (loss) attributable to debt credit risk adjustments	`OtherComprehensiveIncomeLossCreditRiskOnFairValueDebtInstrumentsGainLossNetOfTax`	$-37.00M	USD	2 Qtrs
Comprehensive earnings (loss) attributable to debt credit risk adjustments	`OtherComprehensiveIncomeLossCreditRiskOnFairValueDebtInstrumentsGainLossNetOfTax`	$145.00M	USD	1 Quarter
Comprehensive earnings (loss) attributable to debt credit risk adjustments	`OtherComprehensiveIncomeLossCreditRiskOnFairValueDebtInstrumentsGainLossNetOfTax`	$174.00M	USD	2 Qtrs
Other comprehensive earnings (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-101.00M	USD	2 Qtrs
Other comprehensive earnings (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$28.00M	USD	1 Quarter
Other comprehensive earnings (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-29.00M	USD	2 Qtrs
Other comprehensive earnings (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$2.00M	USD	1 Quarter
Comprehensive earnings (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$205.00M	USD	2 Qtrs
Comprehensive earnings (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$223.00M	USD	1 Quarter
Comprehensive earnings (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$373.00M	USD	2 Qtrs
Comprehensive earnings (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$278.00M	USD	1 Quarter
Less comprehensive earnings (loss) attributable to the noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.00M	USD	1 Quarter
Less comprehensive earnings (loss) attributable to the noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$11.00M	USD	2 Qtrs
Less comprehensive earnings (loss) attributable to the noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$37.00M	USD	2 Qtrs
Less comprehensive earnings (loss) attributable to the noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$28.00M	USD	1 Quarter
Comprehensive earnings (loss) attributable to Qurate Retail, Inc. shareholders	`ComprehensiveIncomeNetOfTax`	$250.00M	USD	1 Quarter
Comprehensive earnings (loss) attributable to Qurate Retail, Inc. shareholders	`ComprehensiveIncomeNetOfTax`	$194.00M	USD	2 Qtrs
Comprehensive earnings (loss) attributable to Qurate Retail, Inc. shareholders	`ComprehensiveIncomeNetOfTax`	$336.00M	USD	2 Qtrs
Comprehensive earnings (loss) attributable to Qurate Retail, Inc. shareholders	`ComprehensiveIncomeNetOfTax`	$218.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.