Annual report pursuant to Section 13 and 15(d)

Financial Information for Tracking Stock Groups - Statement of Operations (Details)

v3.3.1.900
Financial Information for Tracking Stock Groups - Statement of Operations (Details) - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Condensed Income Statements, Captions [Line Items]                      
Total revenue, net                 $ 9,989 $ 10,499 $ 10,219
Cost of sales (exclusive of depreciation shown)                 6,393 6,684 6,533
Operating expenses                 699 756 732
Selling, general and administrative, including stock-based compensation                 1,078 1,202 1,159
Depreciation and amortization                 703 662 629
Impairment of intangible assets                   7 30
Total operating costs and expenses                 8,873 9,311 9,083
Operating income (loss) $ 364 $ 247 $ 269 $ 236 $ 444 $ 239 $ 259 $ 246 1,116 1,188 1,136
Interest expense                 (360) (387) (380)
Share of earnings (loss) of affiliates, net                 (60) 39 33
Realized and unrealized gains (losses) on financial instruments, net                 114 (57) (22)
Gains (losses) on transactions, net                 110 74 (1)
Gain (Loss) on Sale of Previously Unissued Stock by Subsidiary or Equity Investee, Nonoperating Income                 314 (2) 1
Other, net                 19 (19) (30)
Total other income (expense)                 137 (352) (399)
Earnings (loss) from continuing operations before income taxes                 1,253 836 737
Income tax benefit (expense)                 (342) (258) (183)
Earnings (loss) from continuing operations 303 198 258 152 271 129 87 91 911 578 554
Earnings (loss) from discontinued operations, net of taxes                   48 26
Net earnings (loss)                 911 626 580
Less net earnings (loss) attributable to noncontrolling interests                 42 89 79
Net earnings (loss) attributable to Liberty Interactive Corporation shareholders                 869 537 501
QVC Group Common Stock                      
Condensed Income Statements, Captions [Line Items]                      
Total revenue, net                 9,169 10,028 10,219
Cost of sales (exclusive of depreciation shown)                 5,847 6,378 6,533
Operating expenses                 620 719 732
Selling, general and administrative, including stock-based compensation                 875 1,075 1,140
Depreciation and amortization                 657 643 629
Impairment of intangible assets                   7 30
Total operating costs and expenses                 7,999 8,822 9,064
Operating income (loss)                 1,170 1,206 1,155
Interest expense                 (283) (312) (290)
Share of earnings (loss) of affiliates, net                 55 51 48
Realized and unrealized gains (losses) on financial instruments, net                 42 (22) (12)
Gains (losses) on transactions, net                     (1)
Gain (Loss) on Sale of Previously Unissued Stock by Subsidiary or Equity Investee, Nonoperating Income                   (2) 4
Other, net                 (6) (41) (58)
Total other income (expense)                 (192) (326) (309)
Earnings (loss) from continuing operations before income taxes                 978 880 846
Income tax benefit (expense)                 (304) (306) (346)
Earnings (loss) from continuing operations                   574 500
Earnings (loss) from discontinued operations, net of taxes                   (15) (17)
Net earnings (loss)                 674 559 483
Less net earnings (loss) attributable to noncontrolling interests                 34 39 45
Net earnings (loss) attributable to Liberty Interactive Corporation shareholders 223 154 112 151 222 83 105 110 640 520 438
Liberty Ventures common stock                      
Condensed Income Statements, Captions [Line Items]                      
Total revenue, net                 820 471  
Cost of sales (exclusive of depreciation shown)                 546 306  
Operating expenses                 79 37  
Selling, general and administrative, including stock-based compensation                 203 127 19
Depreciation and amortization                 46 19  
Total operating costs and expenses                 874 489 19
Operating income (loss)                 (54) (18) (19)
Interest expense                 (77) (75) (90)
Share of earnings (loss) of affiliates, net                 (115) (12) (15)
Realized and unrealized gains (losses) on financial instruments, net                 72 (35) (10)
Gains (losses) on transactions, net                 110 74  
Gain (Loss) on Sale of Previously Unissued Stock by Subsidiary or Equity Investee, Nonoperating Income                 314   (3)
Other, net                 25 22 28
Total other income (expense)                 329 (26) (90)
Earnings (loss) from continuing operations before income taxes                 275 (44) (109)
Income tax benefit (expense)                 (38) 48 163
Earnings (loss) from continuing operations                   4 54
Earnings (loss) from discontinued operations, net of taxes                   63 43
Net earnings (loss)                 237 67 97
Less net earnings (loss) attributable to noncontrolling interests                 8 50 34
Net earnings (loss) attributable to Liberty Interactive Corporation shareholders $ 71 $ 36 $ 130 $ (8) $ 36 $ 37 $ (28) $ (28) $ 229 $ 17 $ 63