v3.26.1
Reorganizations - Statements of Operations (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Reorganization, Chapter 11 [Line Items]        
Total revenue, net $ 1,998 $ 2,236 $ 3,955 $ 4,341
Cost of goods sold (excluding depreciation and amortization shown separately below) 1,293 1,422 2,581 2,808
Operating expense 145 164 291 327
Selling, general and administrative, including stock-based compensation and pre-petition charges 430 422 868 805
Depreciation and amortization 79 105 159 207
Operating expense 1,947 4,508 3,889 6,599
Operating income (loss) 51 (2,272) 66 (2,258)
Reorganization Items (49) 0 (49) 0
Interest Expense, Nonoperating 26 117 158 229
Interest and dividend income 12 7 24 15
Realized and unrealized gains (losses) on financial instruments, net (note 5) 8 (21) 87 (36)
Other, net 0 (8) 1 (6)
Total other income (expense) (55) (139) (95) (256)
Earnings (loss) before income taxes (4) (2,411) (29) (2,514)
Income Tax Expense (Benefit) 26 (202) 41 (214)
Net earnings (loss) (30) (2,209) (70) (2,300)
Net Income (Loss) Attributable to Noncontrolling Interest 10 13 17 22
Net earnings (loss) attributable to QVC Group, Inc. shareholders (40) $ (2,222) (87) $ (2,322)
Reorganization, Chapter 11, Debtor-in-Possession        
Reorganization, Chapter 11 [Line Items]        
Revenues 1,449   2,868  
Proceeds from Contributions from Affiliates 10   19  
Total revenue, net 1,459   2,887  
Cost of goods sold (excluding depreciation and amortization shown separately below) 933   1,863  
Operating expense 100   202  
Selling, general and administrative, including stock-based compensation and pre-petition charges 337   687  
Depreciation and amortization 65   133  
Operating expense 1,435   2,885  
Operating income (loss) 24   2  
Reorganization Items (49)   (49)  
Interest Expense, Nonoperating (26)   (158)  
Payments to Acquire Interest in Subsidiaries and Affiliates (11)   (24)  
Interest and dividend income 11   22  
Realized and unrealized gains (losses) on financial instruments, net (note 5) 9   93  
Other, net 0   2  
Total other income (expense) (66)   (114)  
Earnings (loss) before income taxes (42)   (112)  
Income Tax Expense (Benefit) (13)   (11)  
Net earnings (loss) (55)   (123)  
Net Income (Loss) Attributable to Noncontrolling Interest 0   (2)  
Net earnings (loss) attributable to QVC Group, Inc. shareholders $ (55)   $ (121)