Qurate Retail, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Guarantor/Non-Guarantor Subsidiary Financial Information (Statement of Financial Position) (Details)

Guarantor/Non-Guarantor Subsidiary Financial Information (Statement of Financial Position) (Details) - USD ($) $ in Millions	Dec. 31, 2019	Jan. 01, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 561		$ 543
Restricted cash	8		7
Accounts receivable, net	1,813		1,787
Inventories	1,214		1,280
Prepaid expenses and other current assets	184		216
Total current assets	3,780		3,833
Property and equipment, net	1,215		1,165
Operating Lease, Right-of-Use Asset	214	$ 92	0
Television Distribution Rights, Net	140		140
Goodwill	5,971		5,972	$ 5,979
Other intangible assets, net	3,498		3,666
Other noncurrent assets	109		80
Investments in subsidiaries	0		0
Total assets	14,927		14,856
Current liabilities:
Current portion of debt and finance lease obligations	18		421
Accounts payable-trade	913		1,008
Accrued liabilities	1,045		1,026
Intercompany accounts payable (receivable)	0		0
Total current liabilities	1,976		2,455
Long-term portion of debt and finance lease obligations	5,101		4,699
Deferred income taxes	724		700
Other long-term liabilities	322		173
Total liabilities	8,123		8,027
QVC, Inc. stockholder's equity:
QVC, Inc. stockholder's equity	6,674		6,710
Noncontrolling interest	130		119
Total equity	6,804		6,829	$ 5,796	$ 3,895
Total liabilities and equity	14,927		14,856
Parent issuer- QVC, Inc.
Current assets:
Cash and cash equivalents	37		73
Restricted cash	5		5
Accounts receivable, net	1,169		1,166
Inventories	711		725
Prepaid expenses and other current assets	105		95
Total current assets	2,027		2,064
Property and equipment, net	264		281
Operating Lease, Right-of-Use Asset	2
Television Distribution Rights, Net	0		0
Goodwill	4,190		4,190
Other intangible assets, net	560		529
Other noncurrent assets	18		8
Investments in subsidiaries	5,747		5,523
Total assets	12,808		12,595
Current liabilities:
Current portion of debt and finance lease obligations	2		403
Accounts payable-trade	477		494
Accrued liabilities	311		358
Intercompany accounts payable (receivable)	181		(95)
Total current liabilities	971		1,160
Long-term portion of debt and finance lease obligations	4,945		4,540
Deferred income taxes	98		63
Other long-term liabilities	120		122
Total liabilities	6,134		5,885
QVC, Inc. stockholder's equity:
QVC, Inc. stockholder's equity	6,674		6,710
Noncontrolling interest	0		0
Total equity	6,674		6,710
Total liabilities and equity	12,808		12,595
Combined subsidiary guarantors
Current assets:
Cash and cash equivalents	192		192
Restricted cash	0		0
Accounts receivable, net	300		307
Inventories	258		310
Prepaid expenses and other current assets	32		73
Total current assets	782		882
Property and equipment, net	245		213
Operating Lease, Right-of-Use Asset	15
Television Distribution Rights, Net	139		139
Goodwill	922		922
Other intangible assets, net	2,909		3,116
Other noncurrent assets	12		20
Investments in subsidiaries	932		885
Total assets	5,956		6,177
Current liabilities:
Current portion of debt and finance lease obligations	1		1
Accounts payable-trade	181		201
Accrued liabilities	402		394
Intercompany accounts payable (receivable)	(1,356)		(1,015)
Total current liabilities	(772)		(419)
Long-term portion of debt and finance lease obligations	5		6
Deferred income taxes	653		695
Other long-term liabilities	16		34
Total liabilities	(98)		316
QVC, Inc. stockholder's equity:
QVC, Inc. stockholder's equity	6,054		5,861
Noncontrolling interest	0		0
Total equity	6,054		5,861
Total liabilities and equity	5,956		6,177
Combined non-guarantor subsidiaries
Current assets:
Cash and cash equivalents	332		278
Restricted cash	3		2
Accounts receivable, net	344		314
Inventories	245		245
Prepaid expenses and other current assets	47		48
Total current assets	971		887
Property and equipment, net	706		671
Operating Lease, Right-of-Use Asset	197
Television Distribution Rights, Net	1		1
Goodwill	859		860
Other intangible assets, net	29		21
Other noncurrent assets	79		52
Investments in subsidiaries	0		0
Total assets	2,842		2,492
Current liabilities:
Current portion of debt and finance lease obligations	15		17
Accounts payable-trade	255		313
Accrued liabilities	332		274
Intercompany accounts payable (receivable)	1,175		1,110
Total current liabilities	1,777		1,714
Long-term portion of debt and finance lease obligations	151		153
Deferred income taxes	(27)		(58)
Other long-term liabilities	186		17
Total liabilities	2,087		1,826
QVC, Inc. stockholder's equity:
QVC, Inc. stockholder's equity	625		547
Noncontrolling interest	130		119
Total equity	755		666
Total liabilities and equity	2,842		2,492
Consolidated Entity Excluding Variable Interest Entities (VIE) [Member]
Current assets:
Cash and cash equivalents	0		0
Restricted cash	0		0
Accounts receivable, net	0		0
Inventories	0		0
Prepaid expenses and other current assets	0		0
Total current assets	0		0
Property and equipment, net	0		0
Operating Lease, Right-of-Use Asset	0
Television Distribution Rights, Net	0		0
Goodwill	0		0
Other intangible assets, net	0		0
Other noncurrent assets	0		0
Investments in subsidiaries	(6,679)		(6,408)
Total assets	(6,679)		(6,408)
Current liabilities:
Current portion of debt and finance lease obligations	0		0
Accounts payable-trade	0		0
Accrued liabilities	0		0
Intercompany accounts payable (receivable)	0		0
Total current liabilities	0		0
Long-term portion of debt and finance lease obligations	0		0
Deferred income taxes	0		0
Other long-term liabilities	0		0
Total liabilities	0		0
QVC, Inc. stockholder's equity:
QVC, Inc. stockholder's equity	(6,679)		(6,408)
Noncontrolling interest	0		0
Total equity	(6,679)		(6,408)
Total liabilities and equity	$ (6,679)		$ (6,408)