Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Information (Notes)

v3.19.3.a.u2
Quarterly Financial Information (Notes)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information
Quarterly Financial Information (Unaudited)
 
Year ended December 31, 2019
 
(in millions)
1st Quarter
2nd Quarter
3rd Quarter
4th Quarter
Net revenue
$
2,501

2,514

2,504

3,467

Operating income
$
326

365

330

306

Net income
$
186

218

188

225

Net income attributable to QVC, Inc. stockholder
$
176

206

174

211




Year ended December 31, 2018
 
(in millions)
1st Quarter
2nd Quarter
3rd Quarter
4th Quarter
Net revenue
$
2,602

2,556

2,569

3,555

Operating income
$
356

390

305

461

Net income
$
212

244

181

291

Net income attributable to QVC, Inc. stockholder
$
201

233

170

278