Registration of securities issued in business combination transactions

Other Comprehensive Income

v2.4.0.8
Other Comprehensive Income
 3 Months Ended
Mar. 31, 2013
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Comprehensive Income (Loss)
Other Comprehensive Income
The change in the component of accumulated other comprehensive income, net of taxes ("AOCI"), is summarized as follows:
(in millions)
Foreign currency translation adjustments
AOCI
Balance at January 1, 2012
$
194

194

Other comprehensive income attributable to QVC, Inc. shareholder
23

23

Balance at March 31, 2012
217

217

 
 
 
Balance at January 1, 2013
$
186

186

Other comprehensive income attributable to QVC, Inc. shareholder
(78
)
(78
)
Balance at March 31, 2013
108

108


The component of other comprehensive income is reflected in QVC's condensed consolidated statements of comprehensive income, net of taxes. The following table summarizes the tax effects related to the component of other comprehensive income:
(in millions)
Before-tax amount
Tax (expense) benefit
Net-of-tax amount
Three months ended March 31, 2013:



Foreign currency translation adjustments
$
(116
)
25

(91
)
Other comprehensive income (loss)
(116
)
25

(91
)
 
 
 
 
Three months ended March 31, 2012:



Foreign currency translation adjustments
$
17

(4
)
13

Other comprehensive income (loss)
17

(4
)
13