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Income Taxes Income Tax (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Income tax expense consisted of the following:

			Years ended December 31,
(in millions)			2024			2023			2022
Current:
U.S. federal			$	126		72			159
State and local			24			(6)			38
Foreign jurisdictions			78			84			84
Total			228			150			281
Deferred:
U.S. federal			(189)			21			(43)
State and local			(39)			7			1
Foreign jurisdictions			3			27			(19)
Total			(225)			55			(61)
Total income tax expense			$	3		205			220

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

Pre-tax income (loss) was as follows:

			Years ended December 31,
(in millions)			2024			2023			2022
QxH			$	(1,253)		114			(1,812)
QVC-International			234			302			222
Consolidated QVC			$	(1,019)		416			(1,590)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

Total income tax expense differs from the amounts computed by applying the U.S. federal income tax rate of 21% in 2024, 2023 and 2022, as a result of the following:

			Years ended December 31,
			2024			2023			2022
Provision at statutory rate			$	(214)		87			(334)
State income taxes, net of federal benefit			(12)			1			31
Foreign taxes			16			24			(7)
Goodwill impairment			189			68			508
Foreign net operating losses			(245)			—			—
Valuation allowance			243			7			(1)
Tax on foreign earnings, net of federal tax benefits			20			6			16
Other permanent differences			5			12			4
Other, net			1			—			3
Total income tax expense			$	3		205			220

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The tax effects of temporary differences that gave rise to significant portions of the deferred income tax assets and deferred income tax liabilities are presented below:

			December 31,
(in millions)			2024			2023
Deferred tax assets:
Accounts receivable, principally due to the allowance for credit losses and related reserves for the uncollectible accounts			$	18		19
Inventories, principally due to obsolescence reserves and additional costs of inventories for tax purposes pursuant to the Tax Reform Act of 1986			37			37
Allowance for sales returns			19			21
Deferred revenue			43			68
Debt - Original Issuance Discount (OID)			26			—
Deferred compensation			13			14
Unrecognized federal and state tax benefits			9			10
Foreign net operating loss and other carryforwards			362			119
Foreign tax credits carryforward			57			57
Lease obligations			123			129
Cumulative translation of foreign currencies			6			5
Accrued liabilities			15			12
Other			—			2
Subtotal			728			493
Valuation allowance			(420)			(177)
Total deferred tax assets			308			316
Deferred tax liabilities:
Depreciation and amortization			(556)			(779)
Lease assets			(117)			(126)
Other			(4)			—
Total deferred tax liabilities			(677)			(905)
Net deferred tax liability			$	(369)		(589)

Schedule of Unrecognized Tax Benefits Roll Forward

A reconciliation of the 2023 and 2024 beginning and ending amount of the liability for unrecognized tax benefits is as follows:

(in millions)
Balance at January 1, 2023			$	76
Increases related to prior year tax positions			7
Decreases related to prior year tax positions			(14)
Decreases related to settlements with taxing authorities			(26)
Increases related to current year tax positions			4
Balance at December 31, 2023			47
Increases related to prior year tax positions			1
Decreases related to prior year tax positions			(8)
Decreases related to settlements with taxing authorities			—
Increases related to current year tax positions			2
Balance at December 31, 2024			$	42

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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