Information About Qurate Retail's Operating Segments (Tables)
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12 Months Ended |
Dec. 31, 2021 |
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| Information About Qurate Retail's Operating Segments |
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| Performance Measures |
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Years ended December 31, |
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2021 |
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2020 |
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2019 |
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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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QxH |
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$ |
8,277 |
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1,439 |
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8,505 |
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1,547 |
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8,277 |
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1,536 |
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QVC International |
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3,077 |
|
562 |
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2,967 |
|
510 |
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2,709 |
|
446 |
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Zulily |
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|
1,453 |
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(12) |
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1,636 |
|
83 |
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1,571 |
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48 |
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Corporate and other |
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|
1,238 |
|
91 |
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1,070 |
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58 |
|
901 |
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(1) |
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Inter-segment eliminations |
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(1) |
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— |
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(1) |
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— |
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— |
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— |
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Consolidated Qurate Retail |
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$ |
14,044 |
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2,080 |
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14,177 |
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2,198 |
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13,458 |
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2,029 |
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| Other Information By Segment |
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December 31, 2021 |
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December 31, 2020 |
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Total |
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Capital |
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Total |
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Capital |
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assets |
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expenditures |
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assets |
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expenditures |
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amounts in millions |
|
QxH |
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$ |
12,337 |
|
169 |
|
12,393 |
|
182 |
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QVC International |
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|
2,226 |
|
41 |
|
2,455 |
|
36 |
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Zulily |
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|
654 |
|
20 |
|
1,049 |
|
23 |
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Corporate and other |
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|
1,032 |
|
14 |
|
1,102 |
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16 |
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Consolidated Qurate Retail |
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$ |
16,249 |
|
244 |
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16,999 |
|
257 |
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| Reconciliation Of Segment Adjusted OIBDA To Operating income (loss) and Earnings (Loss) From Continuing Operations Before Income Taxes |
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Years ended December 31, |
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2021 |
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2020 |
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2019 |
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amounts in millions |
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Consolidated segment Adjusted OIBDA |
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$ |
2,080 |
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2,198 |
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2,029 |
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Stock-based compensation |
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(72) |
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(64) |
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(71) |
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Depreciation and amortization |
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(537) |
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(562) |
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(606) |
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Fire related costs, net |
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(21) |
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— |
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— |
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Transaction related costs |
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— |
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— |
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(1) |
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Impairment of intangible assets and long lived assets |
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(363) |
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— |
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(1,167) |
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Operating income |
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1,087 |
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1,572 |
|
184 |
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Interest expense |
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(468) |
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(408) |
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(374) |
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Share of earnings (loss) of affiliates, net |
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(94) |
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(156) |
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(160) |
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Realized and unrealized gains (losses) on financial instruments, net |
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|
99 |
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(110) |
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(251) |
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Gains (losses) on transactions, net |
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10 |
|
224 |
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(1) |
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Tax sharing income (expense) with Liberty Broadband |
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|
10 |
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(39) |
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(26) |
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Other, net |
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(6) |
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(32) |
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6 |
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Earnings (loss) from continuing operations before income taxes |
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$ |
638 |
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1,051 |
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(622) |
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| Schedule of Revenue by geographic area |
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Years ended December 31, |
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2021 |
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2020 |
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2019 |
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amounts in millions |
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United States |
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$ |
10,864 |
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11,119 |
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10,666 |
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Japan |
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|
1,167 |
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1,132 |
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1,028 |
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Germany |
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|
1,027 |
|
978 |
|
890 |
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Other foreign countries |
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|
986 |
|
948 |
|
874 |
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$ |
14,044 |
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14,177 |
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13,458 |
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| Schedule of Long-lived Assets by Geographic Area |
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December 31, |
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2021 |
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2020 |
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amounts in millions |
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United States |
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$ |
721 |
|
893 |
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Japan |
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|
123 |
|
149 |
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Germany |
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|
133 |
|
150 |
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Other foreign countries |
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|
100 |
|
108 |
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$ |
1,077 |
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1,300 |
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