Quarterly report pursuant to Section 13 or 15(d)

Other Comprehensive Income

v3.19.2
Other Comprehensive Income
6 Months Ended
Jun. 30, 2019
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Comprehensive Income (Loss)
Other Comprehensive Income
The change in the component of accumulated other comprehensive loss, net of taxes ("AOCL"), is summarized as follows:
(in millions)
Foreign currency translation adjustments

AOCL

Balance at January 1, 2019
$
(144
)
(144
)
Other comprehensive income attributable to QVC, Inc. stockholder
5

5

Balance at June 30, 2019
(139
)
(139
)
 
 
 
Balance at January 1, 2018
$
(93
)
(93
)
Other comprehensive income attributable to QVC, Inc. stockholder
(28
)
(28
)
Balance at June 30, 2018
(121
)
(121
)

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

Net-of-tax amount

Three months ended June 30, 2019



Foreign currency translation adjustments
$
14


14

Other comprehensive income
14


14





Three months ended June 30, 2018



Foreign currency translation adjustments
$
(97
)
1

(96
)
Other comprehensive income
(97
)
1

(96
)




Six months ended June 30, 2019



Foreign currency translation adjustments
$
8


8
Other comprehensive income
8


8




Six months ended June 30, 2018



Foreign currency translation adjustments
$
(26
)

(26
)
Other comprehensive income
(26
)

(26
)