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2us-gaap_DebtDisclosureTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel| 1falsefalsefalse00<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Long-Term Debt and Interest Rate Swap Arrangements</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term debt consisted of the following:</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="6" rowspan="1"></td></tr><tr><td width="76%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="10%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">March 31,</font></div></td><td style="vertical-align:bottom;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">December 31,</font></div></td><td style="vertical-align:bottom;border-top:2px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(in millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2013</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">2012</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7.125% Senior Secured Notes due 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">376</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">500</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7.5% Senior Secured Notes due 2019, net of original issue discount </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">760</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">988</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7.375% Senior Secured Notes due 2020</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">500</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">500</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.125% Senior Secured Notes due 2022</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">500</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">500</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4.375% Senior Secured Notes due 2023, net of original issue discount </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">750</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">—</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.95% Senior Secured Notes due 2043, net of original issue discount </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">300</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">—</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Senior secured credit facility</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">328</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">903</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Capital lease obligations</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">82</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">86</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total debt</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,596</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,477</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less current portion</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(12</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Long-term portion of debt and capital lease obligations</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,585</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,465</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Senior Secured Credit Facility</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On March 1, 2013, we amended and restated our senior secured credit facility, which provides for a </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$2.0 billion</font><font style="font-family:inherit;font-size:10pt;"> revolving credit facility with a </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$250 million</font><font style="font-family:inherit;font-size:10pt;"> sub-limit for standby letters of credit and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1.0 billion</font><font style="font-family:inherit;font-size:10pt;"> of uncommitted incremental revolving loan commitments or incremental term loans. QVC may elect that the loans extended under the senior secured credit facility bear interest at a rate per annum equal to the ABR Rate or LIBOR, as each is defined in the senior secured credit facility agreement, plus a margin of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">0.25%</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2.00%</font><font style="font-family:inherit;font-size:10pt;"> depending on various factors. Each loan may be prepaid at any time and from time to time without penalty other than customary breakage costs. Any amounts prepaid on the revolving credit facility may be reborrowed. Payment of loans may be accelerated following certain customary events of default. The senior secured credit facility is a multi-currency facility. The senior secured credit facility is secured by the stock of QVC. QVC had </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1.7 billion</font><font style="font-family:inherit;font-size:10pt;"> available under the terms of the senior secured credit facility at </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;text-decoration:none;">March 31, 2013</font><font style="font-family:inherit;font-size:10pt;">. The interest rate on the senior secured credit facility was </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">1.7%</font><font style="font-family:inherit;font-size:10pt;"> at </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March 31, 2013</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The purpose of the amendment was to, among other things, extend the maturity of our senior secured credit facility to March 1, 2018 and lower the interest rate on borrowings.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The senior secured credit facility contains certain affirmative and negative covenants, including certain restrictions with respect to, among other things: incurring additional indebtedness; creating liens on property or assets; making certain loans or investments; selling or disposing of assets; paying certain dividends and other restricted payments; dissolving, consolidating or merging; entering into certain transactions with affiliates; entering into sale or leaseback transactions; restricting subsidiary distributions; and limiting QVC's </font><font style="font-family:inherit;font-size:10pt;">ratio of consolidated total debt to consolidated Adjusted OIBDA.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Senior Secured Notes</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On March 4, 2013, QVC announced the commencement of cash tender offers (the "Offers") for any and all of its outstanding </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$500 million</font><font style="font-family:inherit;font-size:10pt;"> in aggregate principal amount of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">7.125%</font><font style="font-family:inherit;font-size:10pt;"> Senior Secured Notes due 2017 and up to </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$250 million</font><font style="font-family:inherit;font-size:10pt;"> in aggregate principal amount of its </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">7.5%</font><font style="font-family:inherit;font-size:10pt;"> Senior Secured Notes due 2019. On </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March 18, 2013</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$124 million</font><font style="font-family:inherit;font-size:10pt;"> of the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">7.125%</font><font style="font-family:inherit;font-size:10pt;"> Senior Secured Notes due 2017 were tendered pursuant to the Offers, whereby holders of the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">7.125%</font><font style="font-family:inherit;font-size:10pt;"> Senior Secured Notes due 2017 received consideration of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1,039.40</font><font style="font-family:inherit;font-size:10pt;"> for each </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1,000</font><font style="font-family:inherit;font-size:10pt;"> principal amount of tendered </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">7.125%</font><font style="font-family:inherit;font-size:10pt;"> Senior Secured Notes due 2017. On </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March 18, 2013</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$231 million</font><font style="font-family:inherit;font-size:10pt;"> of the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">7.5%</font><font style="font-family:inherit;font-size:10pt;"> Senior Secured Notes due 2019 were tendered pursuant to the Offers, whereby holders of the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">7.5%</font><font style="font-family:inherit;font-size:10pt;"> Senior Secured Notes due 2019 received consideration of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1,120</font><font style="font-family:inherit;font-size:10pt;"> for each </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1,000</font><font style="font-family:inherit;font-size:10pt;"> principal amount of tendered </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">7.5%</font><font style="font-family:inherit;font-size:10pt;"> Senior Secured Notes due 2019.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On April 17, 2013, QVC completed the redemption of the remaining </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;text-decoration:none;">$376 million</font><font style="font-family:inherit;font-size:10pt;"> principal amount of its </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">7.125%</font><font style="font-family:inherit;font-size:10pt;"> Senior Secured Notes due 2017 using a combination of borrowings on the senior secured credit facility and cash on hand.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On March 18, 2013, QVC issued </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$750 million</font><font style="font-family:inherit;font-size:10pt;"> principal amount of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">4.375%</font><font style="font-family:inherit;font-size:10pt;"> Senior Secured Notes due 2023 at an issue price of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">99.968%</font><font style="font-family:inherit;font-size:10pt;"> and issued </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$300 million</font><font style="font-family:inherit;font-size:10pt;"> principal amount of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">5.95%</font><font style="font-family:inherit;font-size:10pt;"> Senior Secured Notes due 2043 at an issue price of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">99.973%</font><font style="font-family:inherit;font-size:10pt;">. These notes are secured by the stock of QVC, pari passu with the senior secured credit facility and QVC's existing notes. Interest is payable semi-annually.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The net proceeds from the issuance of these instruments were used to reduce the outstanding principal under QVC's existing </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">7.125%</font><font style="font-family:inherit;font-size:10pt;"> Senior Secured Notes due 2017, the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">7.5%</font><font style="font-family:inherit;font-size:10pt;"> Senior Secured Notes due 2019 and the senior secured credit facility, as well as for general corporate purposes. </font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Additionally, as a result of these refinancing transactions in the first quarter, we incurred an extinguishment loss of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;text-decoration:none;">$41 million</font><font style="font-family:inherit;font-size:10pt;"> recorded as loss on extinguishment of debt in the condensed consolidated statements of operations.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Interest Rate Swap Arrangements</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2013, QVC's notional interest rate swaps of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$3.1 billion</font><font style="font-family:inherit;font-size:10pt;"> expired. These swap arrangements did not qualify as cash flow hedges under U.S. GAAP. Accordingly, changes in the fair value of the swaps were reflected in gain on financial instruments in the accompanying condensed consolidated statements of operations. We recorded a </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$12 million</font><font style="font-family:inherit;font-size:10pt;"> and an </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$11 million</font><font style="font-family:inherit;font-size:10pt;"> gain on financial instruments for </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">three months ended March 31, 2013 and 2012</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">At </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December 31, 2012</font><font style="font-family:inherit;font-size:10pt;">, the fair value of the swap instruments was a net liability position of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$12 million</font><font style="font-family:inherit;font-size:10pt;">, of which </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$13 million</font><font style="font-family:inherit;font-size:10pt;"> was included in accrued liabilities, offset by </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1 million</font><font style="font-family:inherit;font-size:10pt;"> included in prepaid expenses in the condensed consolidated balance sheet.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Other Debt Related Information</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">QVC was in compliance with all of its debt covenants at </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;text-decoration:none;">March 31, 2013</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the quarter, there were no significant changes to QVC's debt credit ratings.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The weighted average rate applicable to all of the outstanding debt (excluding capital leases) was </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">5.8%</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March 31, 2013</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>falsefalsefalse | 2falsefalsefalse00<div style="font-size:10.0pt;font-family:Times New Roman;">
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: inherit;">(9) Long-Term Debt and Interest Rate Swap Arrangements</font></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Long-term debt consisted of the following:</font>
<div style="PADDING-LEFT: 0px; TEXT-INDENT: 0px; PADDING-TOP: 10px;">
<table style="text-align:left;FONT-SIZE: 10pt; WIDTH: 100%; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse; TEXT-ALIGN: left;" cellspacing="0" cellpadding="0">
<tr style="padding:0;">
<td colspan="6"></td></tr>
<tr style="padding:0;">
<td width="76%"></td>
<td width="1%"></td>
<td width="10%"></td>
<td width="1%"></td>
<td width="11%"></td>
<td width="1%"></td></tr>
<tr style="padding:0;">
<td style="PADDING-RIGHT: 2px; BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;">
<div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"></div></td>
<td style="PADDING-RIGHT: 2px; BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="3">
<div style="FONT-SIZE: 10pt; OVERFLOW: hidden;"></div></td>
<td style="BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;">
<div style="FONT-SIZE: 8pt; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit;">December 31,</font></div></td>
<td style="BORDER-TOP: #000000 2px solid; VERTICAL-ALIGN: bottom;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr>
<tr style="padding:0;">
<td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;">
<div style="FONT-SIZE: 8pt; TEXT-ALIGN: left;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit;">(in millions)</font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="2">
<div style="FONT-SIZE: 8pt; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit;">2012</font></div></td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;">
<div style="FONT-SIZE: 8pt; TEXT-ALIGN: right;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: inherit;">2011</font></div></td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr>
<tr style="padding:0;">
<td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">7.125% Senior Secured Notes</font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">$</font></div></td>
<td style="PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">500</font></div></td>
<td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">500</font></div></td>
<td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr>
<tr style="padding:0;">
<td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">7.5% Senior Secured Notes, net of original issue discount</font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="2">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">988</font></div></td>
<td style="VERTICAL-ALIGN: bottom;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">986</font></div></td>
<td style="VERTICAL-ALIGN: bottom;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr>
<tr style="padding:0;">
<td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">7.375% Senior Secured Notes</font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">500</font></div></td>
<td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">500</font></div></td>
<td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr>
<tr style="padding:0;">
<td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">5.125% Senior Secured Notes</font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;" colspan="2">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">500</font></div></td>
<td style="VERTICAL-ALIGN: bottom;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">—</font></div></td>
<td style="VERTICAL-ALIGN: bottom;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr>
<tr style="padding:0;">
<td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Senior secured credit facility</font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">903</font></div></td>
<td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">434</font></div></td>
<td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr>
<tr style="padding:0;">
<td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Capital lease obligations</font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="2">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">86</font></div></td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">70</font></div></td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr>
<tr style="padding:0;">
<td style="PADDING-RIGHT: 2px; PADDING-LEFT: 20px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Total debt</font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;" colspan="2">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">3,477</font></div></td>
<td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">2,490</font></div></td>
<td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr>
<tr style="padding:0;">
<td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Less current portion</font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;" colspan="2">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">(12</font></div></td>
<td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">)</font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">(10</font></div></td>
<td style="PADDING-RIGHT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">)</font></div></td></tr>
<tr style="padding:0;">
<td style="PADDING-RIGHT: 2px; PADDING-LEFT: 20px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">Long-term portion of debt and capital lease obligations</font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">$</font></div></td>
<td style="PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">3,465</font></div></td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">2,480</font></div></td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr></table></div></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: inherit;">(a) Senior Secured Notes due 2017</font></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">On March 23, 2010, QVC issued $500 million principal amount of 7.125% Senior Secured Notes due 2017 at par. The senior secured notes have equal priority to the bank credit facility. The notes are secured by the stock of QVC and certain of its subsidiaries. Interest is payable semi-annually.</font></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: inherit;">(b) Senior Secured Notes due 2019</font></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">On September 25, 2009, QVC issued $1 billion principal amount of 7.5% Senior Secured Notes due 2019 at an issue price of 98.278%. The senior secured notes have equal priority to the bank credit facility. The notes are secured by the stock of QVC and certain of its subsidiaries. Interest is payable semi-annually.</font></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: inherit;">(c) Senior Secured Notes due 2020</font></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">On March 23, 2010, QVC issued $500 million principal amount of 7.375% Senior Secured Notes due 2020 at par. The senior secured notes have equal priority to the bank credit facility. The notes are secured by the stock of QVC and certain of its subsidiaries. Interest is payable semi-annually.</font></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: inherit;">(d) Senior Secured Notes due 2022</font></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">On July 2, 2012, QVC issued $500 million principal amount of 5.125% Senior Secured Notes due 2022 at par. The senior secured notes have equal priority to the bank credit facility. The notes are secured by the stock of QVC and certain of its subsidiaries. Interest is payable semi-annually.</font></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">The net proceeds from the issuance of these instruments were used to reduce the outstanding principal under QVC's senior secured credit facility and for general corporate purposes.</font></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: inherit;">(e) Senior secured credit facility</font></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">On September 2, 2010, QVC entered into a new credit agreement that provides for a $2 billion revolving credit facility, with a $250 million sub-limit for standby letters of credit. QVC may elect that the loans extended under the revolving credit agreement bear interest at a rate per annum equal to the ABR Rate or LIBOR, as each is defined in the credit agreement, plus a margin of 0.50% to 3.00% depending on various factors. The credit facility is a multi-currency facility and there is no prepayment penalty. The loans are scheduled to mature in September of 2015.</font></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">The senior secured credit facility is secured by the stock of QVC.</font></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">QVC had $1.1 billion available under the terms of the senior secured credit facility at</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman; TEXT-DECORATION: none;">December 31, 2012</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">.</font></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: inherit;">(f) Five year maturities</font></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">The annual principal debt maturities, excluding capital lease obligations, for each of the next five years is as follows (in millions):</font>
<div style="PADDING-LEFT: 0px; TEXT-INDENT: 0px; PADDING-TOP: 10px;">
<table style="text-align:left;FONT-SIZE: 10pt; WIDTH: 684px; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse; TEXT-ALIGN: left;" cellspacing="0" cellpadding="0">
<tr style="padding:0;">
<td colspan="3"></td></tr>
<tr style="padding:0;">
<td width="604"></td>
<td width="75"></td>
<td width="4"></td></tr>
<tr style="padding:0;">
<td style="PADDING-RIGHT: 2px; BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">2013</font></div></td>
<td style="BORDER-TOP: #000000 2px solid; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">—</font></div></td>
<td style="BORDER-TOP: #000000 2px solid; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr>
<tr style="padding:0;">
<td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">2014</font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">—</font></div></td>
<td style="VERTICAL-ALIGN: bottom;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr>
<tr style="padding:0;">
<td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">2015</font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">903</font></div></td>
<td style="VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr>
<tr style="padding:0;">
<td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">2016</font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">—</font></div></td>
<td style="VERTICAL-ALIGN: bottom;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr>
<tr style="padding:0;">
<td style="PADDING-RIGHT: 2px; PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">2017</font></div></td>
<td style="PADDING-LEFT: 2px; PADDING-BOTTOM: 2px; VERTICAL-ALIGN: bottom; PADDING-TOP: 2px; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: right;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">500</font></div></td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #cceeff;">
<div style="FONT-SIZE: 10pt; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;"><br /></font></div></td></tr></table></div></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: inherit;">(g) Interest rate swap arrangements</font></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">During the third quarter of 2009, QVC entered into seven interest rate swap arrangements with an aggregate notional amount of $1.8 billion. Such arrangements provided for payments that began in March 2011 and will extend to March 2013. QVC makes fixed payments at rates ranging from 2.98% to 3.67% and receives variable payments at 3 month LIBOR (0.31% at</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman; TEXT-DECORATION: none;">December 31, 2012</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">). Additionally, during 2011, QVC entered into seven additional interest rate swap arrangements with an aggregate notional amount of $1.4 billion that partially offset the existing 2009 swap arrangements. Such arrangements provided for payments that began in June 2011 and will extend to March 2013. QVC receives fixed payments ranging from 0.57% to 0.95% and pays variable payments at 3 month LIBOR (0.31% at</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman; TEXT-DECORATION: none;">December 31, 2012</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">). QVC's swap arrangements do not qualify as cash flow hedges under U.S. GAAP. Accordingly, changes in the fair value of the swaps are reflected in gain on financial instruments in the accompanying consolidated statements of operations.</font></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">QVC entered into these interest rate swap arrangements to mitigate the interest rate risk associated with interest payments related to its variable rate debt.</font></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">At</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman; TEXT-DECORATION: none;">December 31, 2012</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">, the fair value of the swap instruments was a net liability position of $12 million, of which $13 million was included in accrued liabilities, offset by $1 million included in prepaid expenses in the consolidated balance sheet. At</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: inherit; TEXT-DECORATION: none;">December 31, 2011</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">, the fair value was a net liability position of $59 million, of which $61 million was included in other long-term liabilities, offset by $2 million included in other noncurrent assets in the consolidated balance sheet.</font></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px;"><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: inherit;">(h) Other</font></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">QVC was in compliance with all of its debt covenants at</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: Times New Roman; TEXT-DECORATION: none;">December 31, 2012</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">.</font></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">At</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: inherit; TEXT-DECORATION: none;">December 31, 2012 and 2011</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">, outstanding letters of credit totaled $30 and $37 million, respectively.</font></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">QVC recognized a loss from the early extinguishment of debt in 2010 in the amount of $22 million, which, was included in other income (expense) in the consolidated statements of operations.</font></div>
<div style="FONT-SIZE: 10pt; PADDING-BOTTOM: 12px; TEXT-ALIGN: left;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">After considering the effects of the interest rate swaps, the weighted average rate applicable to all of the outstanding debt and interest rate swaps was 7.0% as of</font> <font style="FONT-SIZE: 10pt; COLOR: #000000; FONT-FAMILY: inherit; TEXT-DECORATION: none;">December 31, 2012</font><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit;">.</font></div>
</div>falsefalsefalse | nonnum:textBlockItemTypenaThe entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 19, 20, 22
-Article 5
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 2, 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19,20,22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
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