v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Revenues $ 1,765 $ 1,984 $ 3,534 $ 3,889
Operating costs and expenses:        
Cost of goods sold (excluding depreciation and amortization shown separately below) 1,164 1,281 2,344 2,552
Operating expense 135 154 272 308
Selling, general and administrative, including stock-based compensation and pre-petition charges 333 328 665 627
Depreciation and amortization 71 98 145 193
(Gain) loss on sale of assets 0 0 (10) 0
Impairment of intangible assets (note 4) 0 930 0 930
Impairment of goodwill 0 1,465 0 1,465
Restructuring Costs 0 0 0 57
Operating expenses 1,703 4,256 3,416 6,132
Operating (loss) income 62 (2,272) 118 (2,243)
Other (expense) income:        
Reorganization Items 59 0 59 0
Interest Expense, Nonoperating (15) (66) (91) (130)
Investment Income, Interest 9 3 20 7
Other Income 0 (9) 1 (13)
Nonoperating Income (Expense) (65) (72) (129) (136)
Earnings (loss) before income taxes (3) (2,344) (11) (2,379)
Income tax (expense) benefit (18) 190 (26) 192
Net earnings (loss) (21) (2,154) (37) (2,187)
Less net earnings (loss) attributable to the noncontrolling interest 10 11 19 20
Net earnings (loss) attributable to QVC, Inc. shareholder (31) $ (2,165) (56) $ (2,207)
Intangible Asset, Excluding Goodwill, Indefinite-Lived, Impairment Loss, Segment [Extensible Enumeration]   QxH [Member]   QxH [Member]
Impairment of goodwill $ 0 $ 1,465 $ 0 $ 1,465