XML 47 R34.htm IDEA: XBRL DOCUMENT v3.25.0.1
Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Schedule of debt
Long-term debt and finance lease obligations consisted of the following:
December 31,
(in millions)20242023
4.85% Senior Secured Notes due 2024, net of original issue discount
— 423 
4.45% Senior Secured Notes due 2025, net of original issue discount
585 585 
4.75% Senior Secured Notes due 2027
44 575 
4.375% Senior Secured Notes due 2028
72 500 
6.875% Senior Secured Notes due 2029
605 — 
5.45% Senior Secured Notes due 2034, net of original issue discount
400 399 
5.95% Senior Secured Notes due 2043, net of original issue discount
300 300 
6.375% Senior Secured Notes due 2067
225 225 
6.25% Senior Secured Notes due 2068
500 500 
Senior secured credit facility1,195 857 
Finance lease obligations— 
Less: debt issuance costs, net(28)(31)
Total debt and finance lease obligations3,898 4,335 
Less: current portion(585)(424)
Long-term portion of debt and finance lease obligations$3,313 3,911 
Schedule of Maturities of Long-term Debt
The annual principal maturities of QVC's debt, based on stated maturity dates, for each of the next five years are as follows:
(in millions)Debt (1)
2025$586 
20261,195 
202744 
202872 
2029605 
(1) Amounts exclude the issue discounts on the 2025 Notes, 5.45% Senior Secured Notes due 2034 and 5.95% Senior Secured Notes due 2043.