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Information about QVC's Operating Segments
 9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Segment reporting disclosure Information about QVC's Operating Segments
The Company evaluates performance and makes decisions about allocating resources to its operating segments based on financial measures such as net revenue, Adjusted OIBDA, gross margin, average sales price per unit, number of units shipped and revenue. For segment reporting purposes, the Company defines Adjusted OIBDA, as net revenue less cost of goods sold, operating expenses, and selling, general and administrative expenses (excluding stock-based compensation and transaction related costs). The Company believes this measure is an important indicator of the operational strength and performance of its segments by identifying those items that are not directly a reflection of each segment's performance or indicative of ongoing business trends. In addition, this measure allows management to view operating results and perform analytical comparisons and benchmarking among the Company's businesses and identify strategies to improve performance. This measure of performance excludes depreciation, amortization, stock-based compensation, transaction related costs and impairment loss (if any) that are included in the measurement of operating income pursuant to U.S. GAAP. Accordingly, Adjusted OIBDA should be considered in addition to, but not as a substitute for, operating income, net income, cash flow provided by operating activities and other measures of financial performance prepared in accordance with U.S. GAAP.
QVC's chief operating decision maker ("CODM") is QVC's Chief Executive Officer. QVC's CODM has ultimate responsibility for enterprise decisions. QVC's CODM determines, in particular, resource allocation for, and monitors performance of, the consolidated enterprise. The segment managers have responsibility for operating decisions, allocating resources and assessing performance within their respective segments. QVC's CODM relies on internal management reporting that analyzes enterprise results and segment results to the Adjusted OIBDA level.
For the three and nine months ended September 30, 2020 and 2019, QVC identified QxH and QVC-International as its two reportable segments. Both operating segments are retailers of a wide range of consumer products, which are marketed and sold primarily by merchandise-focused televised-shopping programs as well as via the Internet and mobile applications in certain markets.
Performance measures
Three months ended September 30,Nine months ended September 30,
2020201920202019
(in millions)Net
revenue		Adjusted
OIBDA		Net
revenue		Adjusted
OIBDA		Net
revenue		Adjusted
OIBDA		Net
revenue		Adjusted
OIBDA
QxH$1,980 380 1,854 346 5,782 1,061 5,585 1,093 
QVC-International723 132 650 106 2,071 348 1,934 313 
   Consolidated QVC$2,703 512 2,504 452 7,853 1,409 7,519 1,406 
Other information
Three months ended September 30,Nine months ended September 30,
2020201920202019
(in millions)DepreciationAmortizationDepreciationAmortizationDepreciationAmortizationDepreciationAmortization
QxH$31 66 29 65 89 204 85 201 
QVC-International14 3 14 4 42 9 58 10 
Consolidated QVC$45 69 43 69 131 213 143 211 
September 30, 2020
(in millions)Total
assets		Capital
expenditures		Property and equipment, net
QxH$11,813 121 767 
QVC-International2,294 19 395 
Consolidated QVC$14,107 140 1,162 
The following table provides a reconciliation of Adjusted OIBDA to operating income and income before income taxes:
Three months ended September 30,Nine months ended September 30,
(in millions)2020201920202019
Adjusted OIBDA$512 452 1,409 1,406 
Transaction related costs— — — (1)
Stock-based compensation(10)(10)(26)(30)
Depreciation and amortization(114)(112)(344)(354)
Operating income 388 330 1,039 1,021 
Equity in earnings (losses) of investee1 — (1)(1)
Gains (losses) on financial instruments1 (2)(3)(5)
Interest expense, net(65)(61)(194)(182)
Foreign currency gain (loss)1 — 3 (3)
Loss on extinguishment of debt(42)— (42)— 
Income before income taxes$284 267 802 830