Information About Qurate Retail's Operating Segments (Tables)
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12 Months Ended |
Dec. 31, 2018 |
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| Information About Liberty's Operating Segments |
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| Performance Measures By Segment |
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Years ended December 31,
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2018
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2017
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2016
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Adjusted
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Adjusted
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Adjusted
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Revenue
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OIBDA
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Revenue
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OIBDA
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Revenue
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OIBDA
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amounts in millions
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QVC U.S.
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$
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6,349
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1,417
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6,140
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1,455
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6,120
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1,435
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QVC International
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2,738
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429
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2,631
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451
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2,562
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405
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HSN
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2,202
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213
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NA
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NA
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NA
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NA
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zulily
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1,817
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108
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1,613
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91
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1,547
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112
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Corporate and other
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973
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(13)
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23
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(47)
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428
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(13)
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Inter-segment eliminations
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(9)
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—
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(3)
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—
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(10)
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—
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Consolidated Qurate Retail
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$
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14,070
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2,154
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10,404
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1,950
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10,647
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1,939
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| Other Information By Segment |
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December 31, 2018
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December 31, 2017
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Investments
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Investments
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Total
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in
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Capital
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Total
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in
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Capital
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assets
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affiliates
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expenditures
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assets
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affiliates
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expenditures
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amounts in millions
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QVC U.S.
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$
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9,900
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38
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143
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9,544
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40
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116
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QVC International
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2,154
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—
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67
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2,121
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—
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36
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HSN
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2,917
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—
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18
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2,798
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—
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—
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zulily
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2,199
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—
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24
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2,323
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—
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49
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Corporate and other
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671
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97
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23
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7,336
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269
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3
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Inter-group eliminations
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—
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—
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—
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—
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—
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—
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Consolidated Qurate Retail
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$
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17,841
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135
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275
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24,122
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309
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204
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| Reconciliation Of Segment Adjusted OIBDA To Earnings (Loss) From Continuing Operations Before Income Taxes |
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Years ended December 31,
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2018
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2017
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2016
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amounts in millions
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Consolidated segment Adjusted OIBDA
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$
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2,154
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1,950
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1,939
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Stock-based compensation
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(88)
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(123)
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(97)
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Depreciation and amortization
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(637)
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(725)
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(874)
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Transaction related costs
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(72)
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(59)
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—
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Impairment of intangible assets and long lived assets
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(33)
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—
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—
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Operating income
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1,324
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1,043
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968
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Interest expense
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(381)
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(355)
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(363)
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Share of earnings (loss) of affiliates, net
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(162)
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(200)
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(68)
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Realized and unrealized gains (losses) on financial instruments, net
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76
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145
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414
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Gains (losses) on transactions, net
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1
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410
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9
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Tax sharing income (expense) with GCI Liberty, Inc.
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32
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—
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—
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Other, net
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(7)
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7
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131
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Earnings (loss) from continuing operations before income taxes
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$
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883
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1,050
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1,091
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| Schedule of Revenue by geographic area |
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Years ended December 31,
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2018
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2017
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2016
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amounts in millions
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United States
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$
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11,233
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7,684
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7,979
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Japan
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947
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934
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900
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Germany
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943
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899
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866
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Other foreign countries
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947
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887
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902
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$
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14,070
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10,404
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10,647
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| Schedule of Long-lived Assets by Geographic Area |
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December 31,
|
|
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2018
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2017
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amounts in millions
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United States
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$
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869
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895
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Japan
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165
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143
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Germany
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161
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164
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Other foreign countries
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127
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139
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$
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1,322
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1,341
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