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Guarantor/Non-Guarantor Subsidiary Financial Information (Tables) | 6 Months Ended
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Jun. 30, 2019 | Jun. 30, 2018
Guarantor Non-guarantor Subsidiary Financial Information [Abstract] |  |
Guarantor Non-guarantor Subsidiary Financial Information, Balance Sheets, Current Period | Condensed Consolidating Balance Sheets
June 30, 2019 |
(in millions) | Parent issuer- QVC, Inc. |  | Combined subsidiary guarantors |  | Combined non-guarantor subsidiaries |  | Eliminations |  | Consolidated- QVC, Inc. and subsidiaries |
Assets
Current assets: |  |  |  |  |
Cash and cash equivalents | $ | 11 |  | 186 |  | 253 |  | — |  | 450 |
Restricted cash | 5 |  | — |  | 3 |  | — |  | 8 |
Accounts receivable, net | 783 |  | 181 |  | 290 |  | — |  | 1,254 |
Inventories | 752 |  | 274 |  | 280 |  | — |  | 1,306 |
Prepaid expenses and other current assets | 65 |  | 17 |  | 53 |  | — |  | 135 |
Total current assets | 1,616 |  | 658 |  | 879 |  | — |  | 3,153 |
Property and equipment, net | 268 |  | 236 |  | 689 |  | — |  | 1,193 |
Operating lease right-of-use assets | 3 |  | 14 |  | 131 |  | — |  | 148 |
Television distribution rights, net | — |  | 198 |  | 1 |  | — |  | 199 |
Goodwill | 4,190 |  | 922 |  | 864 |  | — |  | 5,976 |
Other intangible assets, net | 547 |  | 3,087 |  | 27 |  | — |  | 3,661 |
Other noncurrent assets | 11 |  | 12 |  | 46 |  | — |  | 69 |
Investments in subsidiaries | 5,717 |  | 943 |  | — |  | (6,660 | ) | — |
Total assets | $ | 12,352 |  | 6,070 |  | 2,637 |  | (6,660 | ) | 14,399 |
Liabilities and equity
Current liabilities: |  |  |  |  |
Current portion of debt and finance lease obligations | $ | 3 |  | 1 |  | 16 |  | — |  | 20 |
Accounts payable-trade | 372 |  | 106 |  | 224 |  | — |  | 702 |
Accrued liabilities | 150 |  | 372 |  | 335 |  | — |  | 857 |
Intercompany accounts payable (receivable) | 62 |  | (1,216 | ) | 1,154 |  | — |  | — |
Total current liabilities | 587 |  | (737 | ) | 1,729 |  | — |  | 1,579 |
Long-term portion of debt and finance lease obligations | 4,921 |  | 6 |  | 145 |  | — |  | 5,072 |
Deferred income taxes | 65 |  | 684 |  | (59 | ) | — |  | 690 |
Other long-term liabilities | 152 |  | 22 |  | 141 |  | — |  | 315 |
Total liabilities | 5,725 |  | (25 | ) | 1,956 |  | — |  | 7,656 |
Equity: |  |  |  |  |
QVC, Inc. stockholder's equity | 6,627 |  | 6,095 |  | 565 |  | (6,660 | ) | 6,627 |
Noncontrolling interest | — |  | — |  | 116 |  | — |  | 116 |
Total equity | 6,627 |  | 6,095 |  | 681 |  | (6,660 | ) | 6,743 |
Total liabilities and equity | $ | 12,352 |  | 6,070 |  | 2,637 |  | (6,660 | ) | 14,399 |
Guarantor Non-guarantor Subsidiary Financial Information, Balance Sheets, Prior Period | Condensed Consolidating Balance Sheets
December 31, 2018 |
(in millions) | Parent issuer- QVC, Inc. |  | Combined subsidiary guarantors |  | Combined non-guarantor subsidiaries |  | Eliminations |  | Consolidated- QVC, Inc. and subsidiaries |
Assets
Current assets: |  |  |  |  |
Cash and cash equivalents | $ | 73 |  | 192 |  | 278 |  | — |  | 543 |
Restricted cash | 5 |  | — |  | 2 |  | — |  | 7 |
Accounts receivable, net | 1,166 |  | 307 |  | 314 |  | — |  | 1,787 |
Inventories | 725 |  | 310 |  | 245 |  | — |  | 1,280 |
Prepaid expenses and other current assets | 95 |  | 73 |  | 48 |  | — |  | 216 |
Total current assets | 2,064 |  | 882 |  | 887 |  | — |  | 3,833 |
Property and equipment, net | 281 |  | 213 |  | 671 |  | — |  | 1,165 |
Television distribution rights, net | — |  | 139 |  | 1 |  | — |  | 140 |
Goodwill | 4,190 |  | 922 |  | 860 |  | — |  | 5,972 |
Other intangible assets, net | 529 |  | 3,116 |  | 21 |  | — |  | 3,666 |
Other noncurrent assets | 8 |  | 20 |  | 52 |  | — |  | 80 |
Investments in subsidiaries | 5,523 |  | 885 |  | — |  | (6,408 | ) | — |
Total assets | $ | 12,595 |  | 6,177 |  | 2,492 |  | (6,408 | ) | 14,856 |
Liabilities and equity
Current liabilities: |  |  |  |  |
Current portion of debt and capital lease obligations | $ | 403 |  | 1 |  | 17 |  | — |  | 421 |
Accounts payable-trade | 494 |  | 201 |  | 313 |  | — |  | 1,008 |
Accrued liabilities | 358 |  | 394 |  | 274 |  | — |  | 1,026 |
Intercompany accounts (receivable) payable | (95 | ) | (1,015 | ) | 1,110 |  | — |  | — |
Total current liabilities | 1,160 |  | (419 | ) | 1,714 |  | — |  | 2,455 |
Long-term portion of debt and capital lease obligations | 4,540 |  | 6 |  | 153 |  | — |  | 4,699 |
Deferred income taxes | 63 |  | 695 |  | (58 | ) | — |  | 700 |
Other long-term liabilities | 122 |  | 34 |  | 17 |  | — |  | 173 |
Total liabilities | 5,885 |  | 316 |  | 1,826 |  | — |  | 8,027 |
Equity: |  |  |  |  |
QVC, Inc. stockholder's equity | 6,710 |  | 5,861 |  | 547 |  | (6,408 | ) | 6,710 |
Noncontrolling interest | — |  | — |  | 119 |  | — |  | 119 |
Total equity | 6,710 |  | 5,861 |  | 666 |  | (6,408 | ) | 6,829 |
Total liabilities and equity | $ | 12,595 |  | 6,177 |  | 2,492 |  | (6,408 | ) | 14,856 |
Guarantor Non-guarantor Subsidiary Financial Information, Statements of Operations, Current Period | Condensed Consolidating Statements of Operations
Three months ended June 30, 2019 |
(in millions) | Parent issuer- QVC, Inc. |  | Combined subsidiary guarantors |  | Combined non-guarantor subsidiaries |  | Eliminations |  | Consolidated- QVC, Inc. and subsidiaries |
Net revenue | $ | 1,423 |  | 695 |  | 693 |  | (297 | ) | 2,514 |
Operating costs and expenses |  |  |  |  |
Cost of goods sold (exclusive of depreciation and amortization shown separately below) | 847 |  | 342 |  | 422 |  | (33 | ) | 1,578 |
Operating | 101 |  | 98 |  | 67 |  | (87 | ) | 179 |
Selling, general and administrative, including transaction related costs and stock-based compensation | 286 |  | 45 |  | 114 |  | (177 | ) | 268 |
Depreciation | 15 |  | 9 |  | 30 |  | — |  | 54 |
Amortization | 18 |  | 48 |  | 4 |  | — |  | 70 |
| 1,267 |  | 542 |  | 637 |  | (297 | ) | 2,149 |
Operating income | 156 |  | 153 |  | 56 |  | — |  | 365 |
Other (expense) income: |  |  |  |  |
Equity in losses of investee | — |  | — |  | (1 | ) | — |  | (1 | )
Losses on financial instruments | (1 | ) | — |  | — |  | — |  | (1 | )
Interest (expense) income, net | (59 | ) | — |  | (1 | ) | — |  | (60 | )
Foreign currency gain (loss) | 1 |  | — |  | (1 | ) | — |  | — |
Intercompany interest income (expense) | 8 |  | 10 |  | (18 | ) | — |  | — |
| (51 | ) | 10 |  | (21 | ) | — |  | (62 | )
Income before income taxes | 105 |  | 163 |  | 35 |  | — |  | 303 |
Income tax expense | (32 | ) | (32 | ) | (21 | ) | — |  | (85 | )
Equity in earnings of subsidiaries, net of tax | 145 |  | — |  | — |  | (145 | ) | — |
Net income | 218 |  | 131 |  | 14 |  | (145 | ) | 218 |
Less net income attributable to the noncontrolling interest | (12 | ) | — |  | (12 | ) | 12 |  | (12 | )
Net income attributable to QVC, Inc. stockholder | $ | 206 |  | 131 |  | 2 |  | (133 | ) | 206 |
Guarantor Non-guarantor Subsidiary Financial Information, Statements of Operations, Prior Period |  | Condensed Consolidating Statements of Operations
Three months ended June 30, 2018 |
(in millions) | Parent issuer- QVC, Inc. |  | Combined subsidiary guarantors |  | Combined non-guarantor subsidiaries |  | Eliminations |  | Consolidated- QVC, Inc. and subsidiaries |
Net revenue | $ | 1,460 |  | 691 |  | 704 |  | (299 | ) | 2,556 |
Operating costs and expenses |  |  |  |  |
Cost of goods sold (exclusive of depreciation and amortization shown separately below) | 858 |  | 335 |  | 433 |  | (37 | ) | 1,589 |
Operating | 97 |  | 123 |  | 70 |  | (81 | ) | 209 |
Selling, general and administrative, including transaction related costs and stock-based compensation | 273 |  | 62 |  | 116 |  | (181 | ) | 270 |
Depreciation | 17 |  | 9 |  | 17 |  | — |  | 43 |
Amortization | 19 |  | 34 |  | 2 |  | — |  | 55 |
| 1,264 |  | 563 |  | 638 |  | (299 | ) | 2,166 |
Operating income | 196 |  | 128 |  | 66 |  | — |  | 390 |
Other (expense) income: |  |  |  |  |
Equity in losses of investee | — |  | — |  | (2 | ) | — |  | (2 | )
Interest expense, net | (57 | ) | (9 | ) | (2 | ) | — |  | (68 | )
Foreign currency gain (loss) | 6 |  | — |  | (4 | ) | — |  | 2 |
Intercompany interest (expense) income | (8 | ) | 38 |  | (30 | ) | — |  | — |
| (59 | ) | 29 |  | (38 | ) | — |  | (68 | )
Income before income taxes | 137 |  | 157 |  | 28 |  | — |  | 322 |
Income tax expense | (38 | ) | (27 | ) | (13 | ) | — |  | (78 | )
Equity in earnings of subsidiaries, net of tax | 145 |  | 9 |  | — |  | (154 | ) | — |
Net income | 244 |  | 139 |  | 15 |  | (154 | ) | 244 |
Less net income attributable to the noncontrolling interest | (11 | ) | — |  | (11 | ) | 11 |  | (11 | )
Net income attributable to QVC, Inc. stockholder | $ | 233 |  | 139 |  | 4 |  | (143 | ) | 233 |
Guarantor Non-guarantor Subsidiary Financial Information, Comprehensive Income (Loss), Current Period | Condensed Consolidating Statements of Comprehensive Income
Three months ended June 30, 2019 |
(in millions) | Parent issuer- QVC, Inc. |  | Combined subsidiary guarantors |  | Combined non-guarantor subsidiaries |  | Eliminations |  | Consolidated- QVC, Inc. and subsidiaries |
Net income | $ | 218 |  | 131 |  | 14 |  | (145 | ) | 218 |
Foreign currency translation adjustments, net of tax | 14 |  | — |  | 14 |  | (14 | ) | 14 |
Total comprehensive income | 232 |  | 131 |  | 28 |  | (159 | ) | 232 |
Comprehensive income attributable to noncontrolling interest | (15 | ) | — |  | (15 | ) | 15 |  | (15 | )
Comprehensive income attributable to QVC, Inc. stockholder | $ | 217 |  | 131 |  | 13 |  | (144 | ) | 217 |
Guarantor Non-guarantor Subsidiary Financial Information, Comprehensive Income (Loss), Prior Period | Condensed Consolidating Statements of Comprehensive Income
Three months ended June 30, 2018 |
(in millions) | Parent issuer- QVC, Inc. |  | Combined subsidiary guarantors |  | Combined non-guarantor subsidiaries |  | Eliminations |  | Consolidated- QVC, Inc. and subsidiaries |
Net income | $ | 244 |  | 139 |  | 15 |  | (154 | ) | 244 |
Foreign currency translation adjustments, net of tax | (96 | ) | — |  | (96 | ) | 96 |  | (96 | )
Total comprehensive income | 148 |  | 139 |  | (81 | ) | (58 | ) | 148 |
Comprehensive income attributable to noncontrolling interest | (6 | ) | — |  | (6 | ) | 6 |  | (6 | )
Comprehensive income attributable to QVC, Inc. stockholder | $ | 142 |  | 139 |  | (87 | ) | (52 | ) | 142 |
Guarantor Non-guarantor Subsidiary Financial Information, Schedule of Cash Flows, Current Period | Condensed Consolidating Statements of Cash Flows
Six months ended June 30, 2019 |
(in millions) | Parent issuer- QVC, Inc. |  | Combined subsidiary guarantors |  | Combined non-guarantor subsidiaries |  | Eliminations |  | Consolidated- QVC, Inc. and subsidiaries |
Operating activities: |  |  |  |  |  |  |  |  |  |
Net cash provided by operating activities | $ | 293 |  | 383 |  | 23 |  | — |  | 699 |
Investing activities: |  |  |  |  |
Capital expenditures | (61 | ) | (28 | ) | (64 | ) | — |  | (153 | )
Expenditures for television distribution rights | — |  | (124 | ) | — |  | — |  | (124 | )
Changes in other noncurrent assets | (10 | ) | 8 |  | (11 | ) | — |  | (13 | )
Other investing activities | — |  | 29 |  | — |  | — |  | 29 |
Intercompany investing activities | 77 |  | (319 | ) | — |  | 242 |  | — |
Net cash provided by (used in) investing activities | 6 |  | (434 | ) | (75 | ) | 242 |  | (261 | )
Financing activities: |  |  |  |  |
Principal payments of debt and finance lease obligations | (1,420 | ) | — |  | (5 | ) | — |  | (1,425 | )
Principal borrowings of debt from senior secured credit facility | 1,795 |  | — |  | — |  | — |  | 1,795 |
Principal repayment of senior secured notes | (400 | ) | — |  | — |  | — |  | (400 | )
Dividends paid to Qurate Retail, Inc. | (469 | ) | — |  | — |  | — |  | (469 | )
Dividends paid to noncontrolling interest | — |  | — |  | (28 | ) | — |  | (28 | )
Other financing activities | (4 | ) | — |  | — |  | — |  | (4 | )
Net short-term intercompany debt borrowings (repayments) | 157 |  | (201 | ) | 44 |  | — |  | — |
Other intercompany financing activities | (20 | ) | 246 |  | 16 |  | (242 | ) | — |
Net cash (used in) provided by financing activities | (361 | ) | 45 |  | 27 |  | (242 | ) | (531 | )
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash | — |  | — |  | 1 |  | — |  | 1 |
Net decrease in cash, cash equivalents and restricted cash | (62 | ) | (6 | ) | (24 | ) | — |  | (92 | )
Cash, cash equivalents and restricted cash, beginning of period | 78 |  | 192 |  | 280 |  | — |  | 550 |
Cash, cash equivalents and restricted cash, end of period | $ | 16 |  | 186 |  | 256 |  | — |  | 458 |
Guarantor Non-guarantor Subsidiary Financial Information, Schedule of Cash Flows, Prior Period | Condensed Consolidating Statements of Cash Flows
Six months ended June 30, 2018 |
(in millions) | Parent issuer- QVC, Inc. |  | Combined subsidiary guarantors |  | Combined non-guarantor subsidiaries |  | Eliminations |  | Consolidated- QVC, Inc. and subsidiaries |
Operating activities: |  |  |  |  |
Net cash provided by operating activities | $ | 345 |  | 252 |  | 54 |  | — |  | 651 |
Investing activities: |  |  |  |  |
Capital expenditures | (39 | ) | (7 | ) | (28 | ) | — |  | (74 | )
Expenditures for television distribution rights | — |  | (60 | ) | (1 | ) | — |  | (61 | )
Other investing activities | — |  | (8 | ) | — |  | — |  | (8 | )
Changes in other noncurrent assets | 1 |  | — |  | (1 | ) | — |  | — |
Intercompany investing activities | 89 |  | (105 | ) | — |  | 16 |  | — |
Net cash provided by (used in) investing activities | 51 |  | (180 | ) | (30 | ) | 16 |  | (143 | )
Financing activities: |  |  |  |  |
Principal payments of debt and capital lease obligations | (1,442 | ) | (160 | ) | (6 | ) | — |  | (1,608 | )
Principal borrowings of debt from senior secured credit facility | 1,278 |  | 180 |  | — |  | — |  | 1,458 |
Capital contributions received from Qurate Retail, Inc. | 140 |  | — |  | — |  | — |  | 140 |
Dividends paid to Qurate Retail, Inc. | (243 | ) | — |  | — |  | — |  | (243 | )
Dividends paid to noncontrolling interest | — |  | — |  | (23 | ) | — |  | (23 | )
Other financing activities | (7 | ) | (7 | ) | — |  | — |  | (14 | )
Net short-term intercompany debt (repayments) borrowings | (86 | ) | 36 |  | 50 |  | — |  | — |
Other intercompany financing activities | (14 | ) | 5 |  | 25 |  | (16 | ) | — |
Net cash (used in) provided by financing activities | (374 | ) | 54 |  | 46 |  | (16 | ) | (290 | )
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash | — |  | — |  | 4 |  | — |  | 4 |
Net increase in cash, cash equivalents and restricted cash | 22 |  | 126 |  | 74 |  | — |  | 222 |
Cash, cash equivalents and restricted cash, beginning of period | 7 |  | 55 |  | 228 |  | — |  | 290 |
Cash, cash equivalents and restricted cash, end of period | $ | 29 |  | 181 |  | 302 |  | — |  | 512 |

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