v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income Statement [Abstract]    
Revenues $ 1,769 $ 1,905
Operating costs and expenses:    
Cost of goods sold (excluding depreciation and amortization shown separately below) 1,180 1,271
Operating expense 137 154
Selling, general and administrative, including stock-based compensation and pre-petition charges 332 299
Depreciation and amortization 74 95
(Gain) loss on sale of assets (10) 0
Restructuring Costs 0 57
Operating expenses 1,713 1,876
Operating income (loss) 56 29
Other income (expense):    
Interest Expense, Nonoperating (76) (64)
Investment Income, Interest 11 4
Other Income 1 (4)
Nonoperating Income (Expense) (64) (64)
Earnings (loss) before income taxes (8) (35)
Income tax (expense) benefit (8) 2
Net earnings (loss) (16) (33)
Less net earnings (loss) attributable to the noncontrolling interest 9 9
Net earnings (loss) attributable to QVC, Inc. shareholder $ (25) $ (42)