Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Equity

v3.22.4
Consolidated Statement of Equity - USD ($)
$ in Millions
Total
Common stock
Additional paid-in capital
Accumulated deficit
Accumulated other comprehensive loss
Noncontrolling interest
Common Stock, Shares, Outstanding (beginning) at Dec. 31, 2019   1        
Balance at Dec. 31, 2019 $ 6,768 $ 0 $ 9,208 $ (2,426) $ (144) $ 130
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income 902          
Net Income (Loss) Attributable to Noncontrolling Interest 58         58
Net Income (Loss) Attributable to Parent 844     844    
Dividends paid to Qurate Retail, Inc. and noncontrolling interest (1,246)     (1,184)   (62)
Withholding taxes on net share settlements of stock-based compensation (2)   (2)      
Stock-based compensation 37   37      
Other Significant Noncash Transaction, Value of Consideration Received 1,514   1,498   16  
Balance at Dec. 31, 2020 8,091 $ 0 10,741 (2,766) (17) 133
Common Stock, Shares, Outstanding (ending) at Dec. 31, 2020   1        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Other Comprehensive Income (Loss), Net of Tax 118       111 (7)
Net (loss) income 851          
Net Income (Loss) Attributable to Noncontrolling Interest 64         64
Net Income (Loss) Attributable to Parent 787     787    
Dividends paid to Qurate Retail, Inc. and noncontrolling interest (1,023)     (963)   (60)
Impact of tax liability allocation and indemnification agreement with Qurate Retail, Inc. 73   (73)      
Withholding taxes on net share settlements of stock-based compensation (20)   (20)      
Stock-based compensation 44   44      
Other Significant Noncash Transaction, Value of Consideration Given (151)   (151)      
Other Significant Noncash Transaction, Value of Consideration Received         0  
Balance at Dec. 31, 2021 7,721 $ 0 10,687 (2,942) (146) 122
Common Stock, Shares, Outstanding (ending) at Dec. 31, 2021   1        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Other Comprehensive Income (Loss), Net of Tax (144)       (129) (15)
Net (loss) income (1,810)          
Net Income (Loss) Attributable to Noncontrolling Interest 57         57
Net Income (Loss) Attributable to Parent (1,867)     (1,867)    
Dividends paid to Qurate Retail, Inc. and noncontrolling interest (1,338)     (1,270)   (68)
Impact of tax liability allocation and indemnification agreement with Qurate Retail, Inc. (1)     1    
Withholding taxes on net share settlements of stock-based compensation (5)   (5)      
Stock-based compensation 36   36      
Other Significant Noncash Transaction, Value of Consideration Received 151   151      
Balance at Dec. 31, 2022 4,572 $ 0 $ 10,869 $ (6,080) (312) 95
Common Stock, Shares, Outstanding (ending) at Dec. 31, 2022   1        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Other Comprehensive Income (Loss), Net of Tax $ (182)       $ (166) $ (16)