Quarterly report pursuant to Section 13 or 15(d)

Information About Qurate Retail's Operating Segments (Tables)

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

Three months ended

March 31, 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

March 31, 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 March 31,

2023

2022

amounts in millions

QxH

$

139

 

225

QVC International

72

104

CBI

 

4

 

31

Corporate and other

 

(36)

 

(25)

Consolidated Qurate Retail

$

179

 

335

Other Information By Segment

March 31, 2023

 

Total assets

Capital expenditures

 

amounts in millions

 

QxH

$

8,454

 

33

QVC International

1,923

7

CBI

548

3

Corporate and other

 

1,275

 

11

Consolidated Qurate Retail

$

12,200

 

54

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

Three months ended

 

March 31,

 

    

2023

    

2022

 

amounts in millions

 

Adjusted OIBDA

$

179

 

335

Stock-based compensation

 

(16)

 

(15)

Depreciation and amortization

 

(100)

 

(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

 

(94)

 

(117)

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

 

(47)

 

30

Gain (loss) on extinguishment of debt

15

Other, net

 

15

 

52

Earnings (loss) before income taxes

$

65

 

71