Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Equity

v3.22.2
Consolidated Statement of Equity - USD ($)
$ in Millions
Total
Common stock
Additional paid-in capital
Accumulated deficit
Accumulated other comprehensive loss
Noncontrolling interest
Balance at Dec. 31, 2020 $ 8,091 $ 0 $ 10,741 $ (2,766) $ (17) $ 133
Balance beginning (in shares) at Dec. 31, 2020   1        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 495     462   33
Foreign currency translation adjustments, net of tax (64)       (55) (9)
(Dividends Paid To) Contributions Received From Wholly Owned Parent and Other (332)     (301)   (31)
Impact of tax liability allocation and indemnification agreement with Qurate Retail, Inc. 9   9      
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation 17   17      
Stock-based compensation 20   20      
Other Comprehensive Income Loss Credit Risk On Fair Value Debt Instruments Gain (Loss) Net Of Tax (12)       (12)  
Balance ending (in shares) at Jun. 30, 2021   1        
Balance at Jun. 30, 2021 8,190 $ 0 10,753 (2,605) (84) 126
Balance at Mar. 31, 2021 8,049 $ 0 10,740 (2,721) (95) 125
Balance beginning (in shares) at Mar. 31, 2021   1        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 257     240   17
Foreign currency translation adjustments, net of tax 9       10 (1)
(Dividends Paid To) Contributions Received From Wholly Owned Parent and Other (139)     (124)   (15)
Impact of tax liability allocation and indemnification agreement with Qurate Retail, Inc. 4   4      
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation 2   2      
Stock-based compensation 11   11      
Other Comprehensive Income Loss Credit Risk On Fair Value Debt Instruments Gain (Loss) Net Of Tax 1       1  
Balance ending (in shares) at Jun. 30, 2021   1        
Balance at Jun. 30, 2021 8,190 $ 0 10,753 (2,605) (84) 126
Balance at Dec. 31, 2021 7,721 $ 0 10,687 (2,942) (146) 122
Balance beginning (in shares) at Dec. 31, 2021   1        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 341     312   29
Foreign currency translation adjustments, net of tax (203)       (184) (19)
(Dividends Paid To) Contributions Received From Wholly Owned Parent and Other (148)     (121)   (27)
Impact of tax liability allocation and indemnification agreement with Qurate Retail, Inc. 4   4      
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation 5   5      
Stock-based compensation 18   18      
Common control transaction with Qurate Retail, Inc. (76)   (76)      
Other Comprehensive Income Loss Credit Risk On Fair Value Debt Instruments Gain (Loss) Net Of Tax 0          
Balance ending (in shares) at Jun. 30, 2022   1        
Balance at Jun. 30, 2022 7,652 $ 0 10,628 (2,751) (330) 105
Balance at Mar. 31, 2022 7,547 $ 0 10,643 (3,012) (200) 116
Balance beginning (in shares) at Mar. 31, 2022   1        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 285     270   15
Foreign currency translation adjustments, net of tax (143)       (130) (13)
(Dividends Paid To) Contributions Received From Wholly Owned Parent and Other (22)     (9)   (13)
Impact of tax liability allocation and indemnification agreement with Qurate Retail, Inc. 2   2      
Stock-based compensation 10   10      
Common control transaction with Qurate Retail, Inc. (27)   (27)      
Other Comprehensive Income Loss Credit Risk On Fair Value Debt Instruments Gain (Loss) Net Of Tax 0          
Balance ending (in shares) at Jun. 30, 2022   1        
Balance at Jun. 30, 2022 $ 7,652 $ 0 $ 10,628 $ (2,751) $ (330) $ 105