Qurate Retail (QRTEP) 10-K 1 Mar 23 2022 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Jan. 31, 2023	Jun. 30, 2022
Document Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2022
Document Transition Report	false
Entity File Number	001-33982
Entity Registrant Name	QURATE RETAIL, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	84-1288730
Entity Address, Address Line One	12300 Liberty Boulevard
Entity Address, City or Town	Englewood
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80112
City Area Code	720
Local Phone Number	875-5300
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
ICFR Auditor Attestation Flag	true
Entity Public Float			$ 987
Auditor Name	KPMG LLP
Auditor Location	Denver, CO
Auditor Firm ID	185
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Central Index Key	0001355096
Amendment Flag	false
Common Class A
Document Information [Line Items]
Title of 12(b) Security	Series A Common Stock
Trading Symbol	QRTEA
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		374,409,178
Common Class B
Document Information [Line Items]
Title of 12(b) Security	Series B Common Stock
Trading Symbol	QRTEB
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		8,373,512
8.0% Series A Cumulative Redeemable Preferred Stock
Document Information [Line Items]
Title of 12(b) Security	8.0% Series A Cumulative Redeemable Preferred Stock
Trading Symbol	QRTEP
Security Exchange Name	NASDAQ

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 1,275	$ 587
Trade and other receivables, net	1,394	1,679
Inventory, net	1,346	1,623
Indemnification agreement receivable	50	324
Other current assets	210	235
Total current assets	4,275	4,448
Property and equipment	1,661	2,601
Accumulated depreciation	(1,091)	(1,571)
Property and equipment, net	570	1,030
Intangible assets not subject to amortization (note 5):
Goodwill	3,501	6,339
Tradenames	2,718	3,038
Intangible assets not subject to amortization	6,219	9,377
Intangible assets subject to amortization, net (note 5)	612	745
Operating lease right-of-use assets (note 7)	585	351
Other assets, at cost, net of accumulated amortization	310	251
Total assets	12,571	16,202
Current liabilities:
Accounts payable	976	1,429
Accrued liabilities	1,133	1,236
Current portion of debt, including $614 million and $1,315 million measured at fair value (note 6)	828	1,315
Other current liabilities	162	244
Total current liabilities	3,099	4,224
Long-term debt (note 6)	5,525	5,674
Deferred income tax liabilities (note 8)	1,440	1,350
Preferred stock (note 9)	1,266	1,261
Operating lease liabilities (note 7)	518	303
Other liabilities	198	404
Total liabilities	12,046	13,216
Stockholders' equity (note 9):
Additional paid-in capital	53
Accumulated other comprehensive earnings (loss), net of taxes	18	(79)
Retained earnings	337	2,925
Total stockholders' equity	412	2,850
Noncontrolling interests in equity of subsidiaries	113	136
Total equity	525	2,986
Commitments and contingencies (note 14)
Total liabilities and equity	12,571	16,202
Common Class A
Stockholders' equity (note 9):
Common stock value	4	4
Common Class B
Stockholders' equity (note 9):
Common stock value

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current portion of debt, fair value	$ 614	$ 1,315
Common Class A
Common stock, par or stated value per share	$ 0.01	$ 0.01
Common stock, shares authorized	4,000,000,000	4,000,000,000
Common stock, shares issued	374,390,323	371,132,684
Common stock, shares outstanding	374,390,323	371,132,684
Common Class B
Common stock, par or stated value per share	$ 0.01	$ 0.01
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares issued	8,373,512	8,163,190
Common stock, shares outstanding	8,373,512	8,163,190

Consolidated Statements Of Oper

Consolidated Statements Of Operations - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenue:
Total revenue, net	$ 12,106	$ 14,044	$ 14,177
Type of revenue	us-gaap:RetailMember	us-gaap:RetailMember	us-gaap:RetailMember
Operating costs and expenses:
Cost of retail sales (exclusive of depreciation shown separately below)	$ 8,417	$ 9,231	$ 9,291
Type of cost of retail sales	us-gaap:RetailMember	us-gaap:RetailMember	us-gaap:RetailMember
Operating expense	$ 835	$ 875	$ 867
Selling, general and administrative, including stock-based compensation	1,945	1,930	1,885
Impairment of intangible assets and long lived assets	3,081	363
Gain on sale leaseback transactions	(520)
Restructuring and fire related costs, net of (recoveries) (note 14)	(92)	21
Depreciation and amortization	481	537	562
Total operating costs and expenses	14,147	12,957	12,605
Operating income (loss)	(2,041)	1,087	1,572
Other income (expense):
Interest expense	(456)	(468)	(408)
Share of earnings (losses) of affiliates, net	(1)	(94)	(156)
Realized and unrealized gains (losses) on financial instruments, net (note 4)	41	99	(110)
Gains (losses) on transactions, net		10	224
Tax sharing income (expense) with Liberty Broadband	79	10	(39)
Other, net	70	(6)	(32)
Total other income (expense)	(267)	(449)	(521)
Earnings (loss) from continuing operations before income taxes	(2,308)	638	1,051
Income tax (expense) benefit (note 8)	(224)	(217)	203
Net earnings (loss)	(2,532)	421	1,254
Less net earnings (loss) attributable to the noncontrolling interests	62	81	58
Net earnings (loss) attributable to Qurate Retail, Inc. shareholders	$ (2,594)	$ 340	$ 1,196
Earnings (Loss) Per Common Share
Basic net earnings (loss) attributable to Qurate Retail, Inc. shareholders per common share (note 2):	$ (6.83)	$ 0.84	$ 2.88
Diluted net earnings (loss) attributable to Qurate Retail, Inc. shareholders per common share (note 2):	$ (6.83)	$ 0.82	$ 2.84

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Earnings (Loss) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Consolidated Statements Of Comprehensive Earnings (Loss)
Net earnings (loss)	$ (2,532)	$ 421	$ 1,254
Other comprehensive earnings (loss), net of taxes:
Foreign currency translation adjustments	(182)	(128)	118
Recognition of previously unrealized losses (gains) on debt, net	(14)	(1)	(1)
Comprehensive earnings (loss) attributable to debt credit risk adjustments (note 13)	277	(36)	17
Other comprehensive earnings (loss)	81	(165)	134
Comprehensive earnings (loss)	(2,451)	256	1,388
Less comprehensive earnings (loss) attributable to the noncontrolling interests	46	67	65
Comprehensive earnings (loss) attributable to Qurate Retail, Inc. shareholders	$ (2,497)	$ 189	$ 1,323

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities:
Net earnings (loss)	$ (2,532)	$ 421	$ 1,254
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	481	537	562
Impairment of intangible assets	3,081	363
Stock-based compensation	60	72	64
Noncash interest expense	10	10	7
Share of (earnings) losses of affiliates, net	1	94	156
Realized and unrealized (gains) losses on financial instruments, net	(41)	(99)	110
(Gains) losses on sale leaseback transactions	(520)
(Gains) losses on transactions, net		(10)	(224)
Gain on insurance proceeds, net of fire related costs	(132)
(Gains) losses on extinguishment of debt	(8)	1	40
Deferred income tax expense (benefit)	12	(4)	(348)
Insurance proceeds received for inventory and operating losses	96	100
Other noncash charges (credits), net	(45)	22	8
Changes in operating assets and liabilities
Decrease (increase) in accounts receivable	124	27	232
Decrease (increase) in inventory	254	(440)	133
Decrease (increase) in prepaid expenses and other assets	102	76	39
(Decrease) increase in trade accounts payable	(446)	147	185
(Decrease) increase in accrued and other liabilities	(303)	(92)	237
Net cash provided (used) by operating activities	194	1,225	2,455
Cash flows from investing activities:
Cash proceeds from dispositions of investments	13	81	271
Investment in and loans to cost and equity investees	(7)	(202)	(119)
Capital expenditures	(268)	(244)	(257)
Expenditures for television distribution rights	(45)	(187)	(56)
Insurance proceeds for fixed assets	184
Proceeds from sale of fixed assets	704	54
Other investing activities, net	20	(3)
Net cash provided (used) by investing activities	601	(501)	(161)
Cash flows from financing activities:
Borrowings of debt	3,029	1,037	1,300
Repayments of debt	(3,008)	(594)	(2,079)
Repurchases of Qurate Retail common stock		(365)	(70)
Withholding taxes on net share settlements of stock-based compensation	(7)	(29)	(7)
Payments for issuances of financial instruments		(694)	(69)
Proceeds from settlements of financial instruments		311	79
Dividends paid to noncontrolling interest	(68)	(60)	(62)
Dividends paid to common shareholders	(12)	(503)	(1,251)
Other financing activities, net	(6)	(17)	(22)
Net cash provided (used) by financing activities	(72)	(914)	(2,181)
Effect of foreign currency exchange rates on cash, cash equivalents and restricted cash	(34)	(28)	20
Net increase (decrease) in cash, cash equivalents and restricted cash	689	(218)	133
Cash, cash equivalents and restricted cash at beginning of period	596	814	681
Cash, cash equivalents and restricted cash at end of period	$ 1,285	$ 596	$ 814

Consolidated Statements Of Equi

Consolidated Statements Of Equity - USD ($) $ in Millions	Common Class A Common Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Earnings (loss), Net of taxes	Retained Earnings	Noncontrolling Interest In Equity Of Subsidiaries	Total
Balance at Dec. 31, 2019	$ 4		$ (55)	$ 4,855	$ 132	$ 4,936
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)				1,196	58	1,254
Other comprehensive earnings (loss)			127		7	134
Stock-based compensation		$ 59				59
Series A Qurate Retail stock repurchases		(70)				(70)
Distribution to noncontrolling interest					(62)	(62)
Distribution of dividends to common and preferred shareholders				(2,541)		(2,541)
Other		(21)				(21)
Reclassification		32		(32)
Balance at Dec. 31, 2020	4		72	3,478	135	3,689
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)				340	81	421
Other comprehensive earnings (loss)			(151)		(14)	(165)
Stock-based compensation		67				67
Series A Qurate Retail stock repurchases		(434)				(434)
Distribution to noncontrolling interest					(66)	(66)
Withholding taxes on net share settlements of stock-based compensation		(29)				(29)
Distribution of dividends to common and preferred shareholders				(499)		(499)
Other		2				2
Reclassification		394		(394)
Balance at Dec. 31, 2021	4		(79)	2,925	136	2,986
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)				(2,594)	62	(2,532)
Other comprehensive earnings (loss)			97		(16)	81
Stock-based compensation		58				58
Distribution to noncontrolling interest					(69)	(69)
Withholding taxes on net share settlements of stock-based compensation		(7)				(7)
Distribution of dividends to common and preferred shareholders				6		6
Other		2				2
Balance at Dec. 31, 2022	$ 4	$ 53	$ 18	$ 337	$ 113	$ 525

Basis of Presentation

Basis of Presentation	12 Months Ended
	Dec. 31, 2022
Basis of Presentation
Basis of Presentation	(1) Basis of Presentation The accompanying consolidated financial statements include the accounts of Qurate Retail, Inc. (or “Liberty”) and its controlled subsidiaries (collectively, "Qurate Retail," the "Company," “we,” “us,” and “our”) unless the context otherwise requires). All significant intercompany accounts and transactions have been eliminated in consolidation. Qurate Retail is made up of wholly-owned subsidiaries QVC, Inc. (“QVC”), Cornerstone Brands, Inc. (“CBI”), Zulily, LLC (“Zulily”), and other cost and equity method investments, and Qurate Retail and GCI Liberty, Inc. (“GCI Liberty”) entered into a tax sharing agreement in connection with a split-off transaction that occurred in the first quarter of 2018 (the “GCI Liberty Split-Off”). Pursuant to that tax sharing agreement, GCI Liberty agreed to indemnify Qurate Retail for taxes and tax-related losses resulting from the GCI Liberty Split-Off to the extent such taxes or tax-related losses (i) result primarily from, individually or in the aggregate, the breach of certain restrictive covenants made by GCI Liberty (applicable to actions or failures to act by GCI Liberty and its subsidiaries following the completion of the GCI Liberty Split-Off), or (ii) result from Section 355(e) of the Internal Revenue Code applying to the GCI Liberty Split-Off as a result of the GCI Liberty Split-Off being part of a plan (or series of related transactions) pursuant to which one or more persons acquire, directly or indirectly, a 50-percent or greater interest (measured by vote or value) in the stock of GCI Liberty (or any successor corporation). Following a merger between Liberty Broadband Corporation (“Liberty Broadband”) and GCI Liberty, Liberty Broadband has assumed the tax sharing agreement. Qurate Retail and Liberty Media Corporation (“LMC”) entered into certain agreements in order to govern certain of the ongoing relationships between the two companies. These agreements include a reorganization agreement, a services agreement (the “Services Agreement”) and a facilities sharing agreement (the “Facilities Sharing Agreement”). Pursuant to the Services Agreement, LMC provides Qurate Retail with general and administrative services including legal, tax, accounting, treasury and investor relations support. See below for a description of an amendment to the Services Agreement entered into in December 2019. Qurate Retail reimburses LMC for direct, out-of-pocket expenses incurred by LMC in providing these services and for Qurate Retail's allocable portion of costs associated with any shared services or personnel based on an estimated percentage of time spent providing services to Qurate Retail. Under the Facilities Sharing Agreement, Qurate Retail shares office space with LMC and related amenities at LMC's corporate headquarters. Under these various agreements approximately $7 million, $10 million and $9 million of these allocated expenses were reimbursable from Qurate Retail to LMC for the years ended December 31, 2022, 2021 and 2020, respectively. In December 2019, the Company entered into an amendment to the Services Agreement in connection with LMC’s entry into a new employment arrangement with Gregory B. Maffei, the Company’s Chairman of the Board of Directors (the “Chairman”). Under the amended Services Agreement, components of his compensation would either be paid directly to him by each of the Company, Liberty TripAdvisor Holdings, Inc. (“Liberty TripAdvisor”), and Liberty Broadband (collectively, the “Service Companies”) or reimbursed to LMC, in each case, based on allocations among LMC and the Service Companies set forth in the amended Services Agreement. This allocation percentage will be determined based on a combination of (1) relative market capitalizations, weighted 50%, and (2) a blended average of historical time allocation on a Liberty Media-wide and CEO basis, weighted 50%, in each case, absent agreement to the contrary by LMC and the Service Companies in consultation with the CEO. The allocation percentage will then be adjusted annually and following certain events. bonus of $17 million, aggregate annual equity awards of $17.5 million and aggregate equity awards granted in connection with his entry into his new agreement of $90 million (the “upfront awards”). A portion of the grants made to our Chairman during the years ended December 31, 2020 and 2019 related to our Company’s allocable portion of these upfront awards. Management is not presently aware of any events or circumstances arising from the COVID-19 pandemic that would require the Company to update the estimates, judgments or revise the carrying value of our assets or liabilities. Management's estimates may change, however, as new events occur and additional information is obtained, and any such changes will be recognized in the consolidated financial statements. Actual results could differ from estimates, and any such differences may be material to our financial statements. On August 21, 2020, Qurate Retail announced that an authorized committee of its Board of Directors had declared a special dividend (the “Special Dividend”) on each outstanding share of its Series A and Series B common stock consisting of (i) cash in the amount of $1.50 per common share, for an aggregate cash dividend of approximately $626 million, and (ii) 0.03 shares of newly issued 8.0% Series A Cumulative Redeemable Preferred Stock, par value $0.01 per share (the “Preferred Stock”), having an initial liquidation price of $100 per share of Preferred Stock, with cash paid in lieu of fractional shares. The distribution ratio for the Preferred Stock portion of the Special Dividend was equivalent to $3.00 in initial liquidation preference per common share, for an aggregate issuance of approximately $1.3 billion aggregate liquidation preference. The dividend was distributed on September 14, 2020 to holders of record of Qurate Retail’s Series A and Series B common stock. Holders of the Preferred Stock are entitled to receive quarterly cash dividends at a fixed rate of 8.0% per year on a cumulative basis, beginning December 15, 2020 and thereafter on each of March 15, June 15, September 15 and December 15 during the term. The Preferred Stock is non-voting, except in limited circumstances as required by law, and subject to a mandatory redemption on March 15, 2031. On November 20, 2020, Qurate Retail announced that an authorized committee of its board of directors (the “Board of Directors”) declared a special cash dividend (the “December Special Dividend”) in the amount of $1.50 per common share, for an aggregate dividend of approximately $625 million, payable in cash on December 7, 2020 to stockholders of record of the Company’s Series A and Series B common stock at the close of business on November 30, 2020. On November 4, 2021, Qurate Retail announced that its Board of Directors declared a special cash dividend (the “November Special Dividend”) in the amount of $1.25 per common share for an aggregate cash dividend of approximately $488 million based on shares outstanding as of October 31, 2021. The dividend was payable on November 22, 2021 to stockholders of record of Qurate Retail’s Series A and Series B common stock as of the close of business on November 15, 2021. During the year ended December 31, 2020, the Company recognized a gain as a result of the sale of one of its alternative energy investments. The Company received total cash consideration of $272 million and recorded a gain of $224 million on the sale. ​ Revision of Prior Period Financial Information ​ The Company has revised its consolidated financial statements and related notes included herein to correct immaterial errors in depreciation expense reported in periods prior to 2020, along with deferred tax adjustments reported in 2020 and periods prior to 2020. Revisions have been reflected in the comparative 2021 financial statements to reduce property and equipment, net by $47 million and reduce deferred income tax liabilities by $3 million, and revisions have been reflected in the comparative 2020 financial statements to reduce the opening January 1, 2020 retained earnings balance by $36 million and reduce the deferred tax benefit by $8 million. ​

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Summary of Significant Accounting Policies
Summary of Significant Accounting Policies	(2) Summary of Significant Accounting Policies Cash and Cash Equivalents Cash equivalents consist of investments which are readily convertible into cash and have maturities of three months or less at the time of acquisition. Trade Receivables Trade receivables are reflected net of an allowance for credit losses and sales returns. A provision for bad debts is provided as a percentage of accounts receivable based on historical experience in the period of sale and included in selling, general and administrative expense. A provision for vendor receivables are determined based on an estimate of probable expected losses and included in cost of goods sold. A summary of activity in the allowance for credit losses is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance ​ Additions ​ ​ ​ ​ Balance ​ ​ beginning ​ Charged ​ ​ ​ ​ Deductions- ​ end of ​ ​ of year ​ to expense ​ Other ​ write-offs ​ year ​ ​ amounts in millions 2022 $ 107 82 (1) (77) 111 ​ 2021 ​ $ 132 55 — (80) 107 ​ 2020 $ 129 92 — (89) 132 ​ ​ Inventory Inventory, consisting primarily of products held for sale, is stated at the lower of cost or market. Cost is determined by the average cost method, which approximates the first-in, first-out method. Assessments about the realizability of inventory require the Company to make judgments based on currently available information about the likely method of disposition including sales to individual customers, returns to product vendors, liquidations and the estimated recoverable values of each disposition category. Inventory is stated net of inventory obsolescence reserves of $154 million and $135 million for the years ended December 31, 2022 and 2021, respectively. Investments All marketable equity and debt securities held by the Company are carried at fair value, generally based on quoted market prices and changes in the fair value of such securities are reported in realized and unrealized gain (losses) on financial instruments in the accompanying consolidated statements of operations. The Company elected the measurement alternative (defined as the cost of the security, adjusted for changes in fair value when there are observable prices, less impairments) for its equity securities without readily determinable fair values. The Company had no equity securities for which it elected the fair value option as of December 31, 2022 and 2021. For those investments in affiliates in which the Company has the ability to exercise significant influence, the equity method of accounting is used, except in situations where the fair value option has been selected. Under the equity method of accounting, the investment, originally recorded at cost, is adjusted to recognize the Company's share of net earnings or losses of the affiliate as they occur rather than as dividends or other distributions are received. Losses are limited to the extent of the Company's investment in, advances to and commitments for the investee. In the event the Company is unable to obtain accurate financial information from an equity affiliate in a timely manner, the Company records its share of earnings or losses of such affiliate on a lag. The Company performs a qualitative assessment annually for its equity securities without readily determinable fair values to identify whether an equity security could be impaired. When our qualitative assessment indicates that an impairment could exist, we estimate the fair value of the investment and to the extent the fair value is less than the carrying value, we record the difference as an impairment in the consolidated statements of operations. Derivative Instruments and Hedging Activities All of the Company's derivatives, whether designated in hedging relationships or not, are recorded on the balance sheet at fair value. If the derivative is designated as a fair value hedge, the changes in the fair value of the derivative and of the hedged item attributable to the hedged risk are recognized in earnings. If the derivative is designated as a cash flow hedge, the effective portions of changes in the fair value of the derivative are recorded in other comprehensive earnings and are recognized in the statements of operations when the hedged item affects earnings. Ineffective portions of changes in the fair value of cash flow hedges are recognized in earnings. If the derivative is not designated as a hedge, changes in the fair value of the derivative are recognized in earnings. The Company generally enters into derivative contracts that it intends to designate as a hedge of a forecasted transaction or the variability of cash flows to be received or paid related to a recognized asset or liability (cash flow hedge). For all hedging relationships, the Company formally documents the hedging relationship and its risk management objective and strategy for undertaking the hedge, the hedging instrument, the hedged item, the nature of the risk being hedged, how the hedging instrument's effectiveness in offsetting the hedged risk will be assessed prospectively and retrospectively, and a description of the method of measuring ineffectiveness. The Company also formally assesses, both at the hedge's inception and on an ongoing basis, whether the derivatives that are used in hedging transactions are highly effective in offsetting cash flows of hedged items. Changes in the fair value of a derivative that is highly effective and that is designated and qualifies as a cash flow hedge are recorded in accumulated other comprehensive income to the extent that the derivative is effective as a hedge, until earnings are affected by the variability in cash flows of the designated hedged item. The ineffective portion of the change in fair value of a derivative instrument that qualifies as a cash flow hedge is reported in earnings. ​ ​ Property and Equipment Property and equipment consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ 2022 ​ 2021 ​ ​ ​ amounts in millions Land $ 73 116 ​ Buildings and improvements ​ 453 998 ​ Support equipment ​ 1,041 1,155 ​ Projects in progress ​ 77 55 ​ Finance lease right-of-use ("ROU") assets ​ ​ 17 ​ 277 ​ Total property and equipment ​ $ 1,661 2,601 ​ ​ Property and equipment, including significant improvements, is stated at amortized cost, less impairment losses, if any. Depreciation is computed using the straight-line method using estimated useful lives of 2 to 8 years for support equipment and 8 to 20 years for buildings and improvements. Depreciation expense for the years ended December 31, 2022, 2021 and 2020 was $158 million, $167 million and $199 million, respectively. Intangible Assets Intangible assets with estimable useful lives are amortized over their respective estimated useful lives to their estimated residual values, and reviewed for impairment upon certain triggering events. Goodwill and other intangible assets with indefinite useful lives (collectively, "indefinite lived intangible assets") are not amortized, but instead are tested for impairment at least annually. Our annual impairment assessment of our indefinite-lived intangible assets is performed during the fourth quarter of each year. In evaluating goodwill on a qualitative basis, the Company reviews the business performance of each reporting unit and evaluates other relevant factors as identified in the relevant accounting guidance to determine whether it was more likely than not that an indicated impairment exists for any of our reporting units. A reporting unit is defined in accounting guidance in accordance with U.S. generally accepted accounting principles ("GAAP") as an operating segment or one level below an operating segment (also known as a component). A component of an operating segment is a reporting unit if the component constitutes a business for which discrete financial information is available and segment management regularly reviews the operating results of that component. The Company considers its reporting units to align with its operating segments. The Company considers whether there are any negative macroeconomic conditions, industry specific conditions, market changes, increased competition, increased costs in doing business, management challenges, the legal environments and how these factors might impact company specific performance in future periods. As part of the analysis the Company also considers fair value determinations for certain reporting units that have been made at various points throughout the current year and prior year for other purposes. If based on the qualitative analysis it is more likely than not that an impairment exists, the Company performs the quantitative impairment test. The quantitative goodwill impairment test compares the estimated fair value of a reporting unit to its carrying value. Developing estimates of fair value requires significant judgments, including making assumptions about appropriate discount rates, perpetual growth rates, relevant comparable market multiples, public trading prices and the amount and timing of expected future cash flows. The cash flows employed in Qurate Retail's valuation analyses are based on management's best estimates considering current marketplace factors and risks as well as assumptions of growth rates in future years. There is no assurance that actual results in the future will approximate these forecasts. The accounting guidance also permits entities to first perform a qualitative assessment to determine whether it is more likely than not that an indefinite-lived intangible asset, other than goodwill, is impaired. The accounting guidance also allows entities the option to bypass the qualitative assessment for any indefinite-lived intangible asset in any period and proceed directly to the quantitative impairment test. The entity may resume performing the qualitative assessment in any subsequent period. If the qualitative assessment supports that it is more likely than not that the carrying value of the Company’s indefinite-lived intangible assets, other than goodwill, exceeds its fair value, then a quantitative assessment is performed. If the carrying value of an indefinite-lived intangible asset exceeds its fair value, an impairment loss is recognized in an amount equal to that excess. Impairment of Long-lived Assets The Company periodically reviews the carrying amounts of its property and equipment and its intangible assets (other than goodwill and indefinite-lived intangible assets) to determine whether current events or circumstances indicate that such carrying amounts may not be recoverable. If the carrying amount of the asset group is greater than the expected undiscounted cash flows to be generated by such asset group, including its ultimate disposition, an impairment adjustment is to be recognized. Such adjustment is measured by the amount that the carrying value of such asset groups exceeds their fair value. The Company generally measures fair value by considering sale prices for similar asset groups or by discounting estimated future cash flows using an appropriate discount rate. Considerable management judgment is necessary to estimate the fair value of asset groups. Accordingly, actual results could vary significantly from such estimates. Asset groups to be disposed of are carried at the lower of their financial statement carrying amount or fair value less costs to sell. Noncontrolling Interests The Company reports noncontrolling interests of subsidiaries within equity in the balance sheet and the amount of consolidated net income attributable to the parent and to the noncontrolling interest is presented in the statements of operations. Also, changes in ownership interests in subsidiaries in which the Company maintains a controlling interest are recorded in equity. Foreign Currency Translation The functional currency of the Company is the U.S. Dollar. The functional currency of the Company's foreign operations generally is the applicable local currency for each foreign subsidiary. Assets and liabilities of foreign subsidiaries are translated at the spot rate in effect at the applicable reporting date, and the consolidated statements of operations are translated at the average exchange rates in effect during the applicable period. The resulting unrealized cumulative translation adjustment, net of applicable income taxes, is recorded as a component of accumulated other comprehensive earnings in stockholders' equity. Transactions denominated in currencies other than the functional currency are recorded based on exchange rates at the time such transactions arise. Subsequent changes in exchange rates result in transaction gains and losses which are reflected in the accompanying consolidated statements of operations and comprehensive earnings (loss) as unrealized (based on the applicable period-end exchange rate) or realized upon settlement of the transactions. These realized and unrealized gains and losses are reported in the Other, net line item in the consolidated statements of operations. Revenue Recognition Disaggregated revenue by segment and product category consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2022 ​ ​ ​ QxH ​ QVC Int'l ​ CBI ​ Corp and other ​ Total ​ ​ amounts in millions ​ Home $ 2,866 ​ 998 ​ 1,112 ​ 241 ​ 5,217 ​ Apparel ​ 1,243 ​ 445 ​ 201 ​ 351 ​ 2,240 ​ Beauty ​ 1,108 ​ 579 ​ — ​ 42 ​ 1,729 ​ Accessories ​ 867 ​ 217 ​ — ​ 210 ​ 1,294 ​ Electronics ​ 775 ​ 92 ​ — ​ 7 ​ 874 ​ Jewelry ​ 311 ​ 185 ​ — ​ 32 ​ 528 ​ Other revenue ​ 189 ​ 12 ​ — ​ 23 ​ 224 ​ Total Revenue $ 7,359 ​ 2,528 ​ 1,313 ​ 906 ​ 12,106 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2021 ​ ​ ​ QxH ​ QVC Int'l ​ CBI ​ Corp and other ​ Total ​ ​ amounts in millions ​ Home $ 3,278 ​ 1,237 ​ 1,038 ​ 440 ​ 5,993 ​ Apparel ​ 1,291 ​ 492 ​ 199 ​ 559 ​ 2,541 ​ Beauty ​ 1,223 ​ 723 ​ — ​ 66 ​ 2,012 ​ Accessories ​ 980 ​ 265 ​ — ​ 295 ​ 1,540 ​ Electronics ​ 964 ​ 119 ​ — ​ 13 ​ 1,096 ​ Jewelry ​ 359 ​ 228 ​ — ​ 50 ​ 637 ​ Other revenue ​ 182 ​ 13 ​ 1 ​ 29 ​ 225 ​ Total Revenue $ 8,277 ​ 3,077 ​ 1,238 ​ 1,452 ​ 14,044 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2020 ​ ​ ​ QxH ​ QVC Int'l ​ CBI ​ Corp and other ​ Total ​ ​ amounts in millions ​ Home $ 3,529 ​ 1,199 ​ 903 ​ 490 ​ 6,121 ​ Beauty ​ 1,261 ​ 724 ​ — ​ 73 ​ 2,058 ​ Apparel ​ 1,170 ​ 437 ​ 167 ​ 583 ​ 2,357 ​ Accessories ​ 944 ​ 260 ​ — ​ 394 ​ 1,598 ​ Electronics ​ 1,069 ​ 122 ​ — ​ 17 ​ 1,208 ​ Jewelry ​ 363 ​ 216 ​ — ​ 51 ​ 630 ​ Other revenue ​ 169 ​ 9 ​ — ​ 27 ​ 205 ​ Total Revenue $ 8,505 ​ 2,967 ​ 1,070 ​ 1,635 ​ 14,177 ​ ​ Consumer Product Revenue and Other Revenue. Qurate Retail's revenue includes sales of consumer products in the following categories: home, beauty, apparel, accessories, electronics and jewelry, which are primarily sold through live merchandise-focused televised shopping programs and via our websites and other interactive media, including catalogs. Other revenue consists primarily of income generated from our company branded credit cards in which a large consumer financial services company provides revolving credit directly to the Company’s customers for the sole purpose of purchasing merchandise or services with these cards. In return, the Company receives a portion of the net economics of the credit card program. Revenue Recognition. Revenue is recognized when obligations with our customers are satisfied; generally this occurs at the time of shipment to our customers consistent with when control of the shipped product passes. The recognized revenue reflects the consideration we expect to receive in exchange for transferring goods, net of allowances for returns. ​ The Company recognizes revenue related to its company branded credit cards over time as the credit cards are used by Qurate Retail's customers. Sales, value add, use and other taxes we collect concurrent with revenue-producing activities are excluded from revenue. The Company has elected to treat shipping and handling activities that occur after the customer obtains control of the goods as a fulfillment cost and not as a promised good or service. Accordingly, the Company accrues the related shipping costs and recognizes revenue upon delivery of goods to the shipping carrier. In electing this accounting policy, all shipping and handling activities are treated as fulfillment costs. The Company generally has payment terms with its customers of one year or less and has elected the practical expedient applicable to such contracts not to consider the time value of money. Significant Judgments. Qurate Retail’s products are generally sold with a right of return and we may provide other credits or incentives, which are accounted for as variable consideration when estimating the amount of revenue to recognize. Returns and credits are estimated at contract inception and updated at the end of each reporting period as additional information becomes available. The Company has determined that it is the principal in vendor arrangements as the Company can establish control over the goods prior to shipment. Accordingly, the Company records revenue for these arrangements on a gross basis. ​ An allowance for returned merchandise is provided as a percentage of sales based on historical experience. Sales tax collected from customers on retail sales is recorded on a net basis and is not included in revenue. A summary of activity in the allowance for sales returns, is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance beginning of year ​ Additions - charged to earnings ​ Deductions ​ Balance end of year ​ ​ amounts in millions 2022 $ 274 ​ 1,917 ​ (1,976) ​ 215 2021 $ 300 ​ 2,145 ​ (2,171) ​ 274 2020 $ 261 ​ 2,188 ​ (2,149) ​ 300 ​ Cost of Retail Sales Cost of retail sales sold primarily includes actual product cost, provision for obsolete inventory, buying allowances received from suppliers, shipping and handling costs and warehouse costs. Advertising Costs ​ Advertising costs generally are expensed as incurred. Advertising expense aggregated $548 million, $560 million and $440 million for the years ended December 31, 2022, 2021 and 2020, respectively. Advertising costs are reflected in the selling, general and administrative (“SG&A”), including stock-based compensation line item in our consolidated statements of operations. ​ Stock-Based Compensation As more fully described in note 11, the Company has granted to its directors, employees and employees of its subsidiaries options, restricted stock and stock appreciation rights relating to shares of Qurate Retail and/or Liberty Ventures common stock ("Qurate Retail common stock") (collectively, "Awards"). The Company measures the cost of employee services received in exchange for an Award of equity instruments (such as stock options and restricted stock) based on the grant-date fair value (“GDFV”) of the Award, and recognizes that cost over the period during which the employee is required to provide service (usually the vesting period of the Award). The Company measures the cost of employee services received in exchange for an Award of liability instruments (such as stock appreciation rights that will be settled in cash) based on the current fair value of the Award, and remeasures the fair value of the Award at each reporting date. Stock compensation expense, which was included in SG&A expense in the accompanying consolidated statements of operations, was $60 million, $72 million and $64 million for the years ended December 31, 2022, 2021 and 2020, respectively. Income Taxes The Company accounts for income taxes using the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying value amounts and income tax bases of assets and liabilities and the expected benefits of utilizing net operating loss and tax credit carryforwards. The deferred tax assets and liabilities are calculated using enacted tax rates in effect for each taxing jurisdiction in which the Company operates for the year in which those temporary differences are expected to be recovered or settled. Net deferred tax assets are then reduced by a valuation allowance if the Company believes it more likely than not such net deferred tax assets will not be realized. The effect on deferred tax assets and liabilities of an enacted change in tax rates is recognized in income in the period that includes the enactment date. When the tax law requires interest to be paid on an underpayment of income taxes, the Company recognizes interest expense from the first period the interest would begin accruing according to the relevant tax law. Such interest expense is included in interest expense in the accompanying consolidated statements of operations. Any accrual of penalties related to underpayment of income taxes on uncertain tax positions is included in other income (expense) in the accompanying consolidated statements of operations. Leases ​ Earnings (Loss) Attributable to Qurate Retail Stockholders and Earnings (Loss) Per Common Share Basic earnings (loss) per common share ("EPS") is computed by dividing net earnings (loss) by the weighted average number of common shares outstanding (“WASO”) for the period. Diluted EPS presents the dilutive effect on a per share basis of potential common shares as if they had been converted at the beginning of the periods presented. Series A and Series B Qurate Retail Common Stock EPS for all periods through December 31, 2022, is based on the following WASO. Excluded from diluted EPS for the years ended December 31, 2022, 2021 and 2020 are approximately 33 million, 24 million and 28 million potentially dilutive common shares, respectively, because their inclusion would be antidilutive. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 2021 2020 ​ ​ ​ number of shares in millions Basic WASO ​ ​ 380 ​ 403 ​ 416 ​ Potentially dilutive shares ​ ​ 3 ​ 12 ​ 5 ​ Diluted WASO ​ ​ 383 ​ 415 ​ 421 ​ ​ Reclasses and adjustments Certain prior period amounts have been reclassified for comparability with the current year presentation. As a result of repurchases of Series A Qurate Retail common stock, the Company’s additional paid-in capital balance was in a deficit position in certain quarterly periods during the years ended December 31, 2021 and 2020. In order to maintain a zero balance in the additional paid-in capital account, we reclassified the amount of the deficit at December 31, 2021 and 2020 to retained earnings. Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Qurate Retail considers (i) fair value measurements of non-financial instruments, (ii) accounting for income taxes and (iii) estimates of retail-related adjustments and allowances to be its most significant estimates.

Supplemental Disclosures to Con

Supplemental Disclosures to Consolidated Statements of Cash Flows	12 Months Ended
	Dec. 31, 2022
Supplemental Disclosures to Consolidated Statements of Cash Flows
Supplemental Disclosures to Consolidated Statements of Cash Flows	(3) Supplemental Disclosures to Consolidated Statements of Cash Flows ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ amounts in millions Cash paid for interest ​ $ 447 458 392 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash paid for income taxes, net ​ $ 284 29 116 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The following table reconciles cash, cash equivalents and restricted cash reported in our consolidated balance sheets to the total amount presented in our consolidated statements of cash flows: ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ ​ 2022 ​ 2021 ​ ​ ​ amounts in millions ​ Cash and cash equivalents $ 1,275 ​ 587 ​ Restricted cash included in other current assets ​ 10 ​ 9 ​ Total cash, cash equivalents and restricted cash in the consolidated statement of cash flows $ 1,285 ​ 596 ​ ​

Assets and Liabilities Measured

Assets and Liabilities Measured at Fair Value	12 Months Ended
	Dec. 31, 2022
Assets and Liabilities Measured at Fair Value
Assets and Liabilities Measured at Fair Value	(4) Assets and Liabilities Measured at Fair Value For assets and liabilities required to be reported at fair value, GAAP provides a hierarchy that prioritizes inputs to valuation techniques used to measure fair value into three broad levels. Level 1 inputs are quoted market prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. Level 2 inputs, other than quoted market prices included within Level 1, are observable for the asset or liability, either directly or indirectly. Level 3 inputs are unobservable inputs for the asset or liability. The Company does not have any recurring assets or liabilities measured at fair value that would be considered Level 3. The Company's assets and liabilities measured at fair value are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ December 31, 2021 ​ ​ ​ ​ ​ Quoted prices ​ ​ ​ ​ ​ Quoted prices ​ ​ ​ ​ ​ ​ ​ in active ​ Significant ​ ​ ​ in active ​ Significant ​ ​ ​ ​ ​ markets ​ other ​ ​ ​ markets ​ other ​ ​ ​ ​ ​ for identical ​ observable ​ ​ ​ for identical ​ observable ​ ​ ​ ​ ​ assets ​ inputs ​ ​ ​ assets ​ inputs Description ​ Total ​ (Level 1) ​ (Level 2) ​ Total ​ (Level 1) ​ (Level 2) ​ ​ amounts in millions Cash equivalents $ 938 938 — 149 149 — ​ Indemnification asset ​ $ 50 ​ — ​ 50 ​ 324 ​ — ​ 324 ​ Debt ​ $ 614 — 614 1,315 — 1,315 ​ ​ The majority of the Company's Level 2 financial assets and liabilities are debt instruments with quoted market prices that are not considered to be traded on "active markets," as defined in GAAP. Accordingly, the debt instruments are reported in the foregoing table as Level 2 fair value. Pursuant to an indemnification agreement initially entered into by GCI Liberty and assumed by Liberty Broadband in connection with a merger between the two companies, Liberty Broadband has agreed to indemnify Liberty Interactive LLC (“LI LLC”) for certain payments made to holders of LI LLC’s 1.75% Exchangeable Debentures due 2046 (the “ 1.75% Exchangeable Debentures”). An indemnity asset in the amount of $281 million was recorded upon completion of the GCI Liberty Split-Off. The remaining indemnification to LI LLC for certain payments made to holders of the 1.75% Exchangeable Debentures pertains to the holders’ ability to exercise their exchange right according to the terms of the debentures on or before October 5, 2023. Such amount will equal the difference between the exchange value and the sum of the adjusted principal amount of the 1.75% Exchangeable Debentures and estimated tax benefits resulting from the exchange, if any, at the time the exchange occurs. The indemnification asset recorded in the consolidated balance sheets as of December 31, 2022 represents the fair value of the estimated exchange feature included in the 1.75% Exchangeable Debentures primarily based on observable market data as significant inputs (Level 2). As of December 31, 2022, a holder of the 1.75% Exchangeable Debentures has the ability to put their debentures on October 5, 2023, and accordingly, such indemnification asset is included as a current asset in our consolidated balance sheet as of December 31, 2022. ​ Realized and Unrealized Gains (Losses) on Financial Instruments Realized and unrealized gains (losses) on financial instruments are comprised of changes in the fair value of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ 2022 2021 2020 ​ ​ amounts in millions Equity securities ​ $ 13 77 (1) ​ Exchangeable senior debentures ​ 310 (130) (277) ​ Indemnification asset ​ ​ (273) ​ (21) ​ 143 ​ Other financial instruments ​ (9) 173 25 ​ ​ ​ $ 41 99 (110) ​ ​ ​ ​ ​ ​ ​ ​ ​ The Company has elected to account for its exchangeable debt using the fair value option. Changes in the fair value of the exchangeable senior debentures recognized in the consolidated statement of operations are primarily due to market factors primarily driven by changes in the fair value of the underlying shares into which the debt is exchangeable. The Company isolates the portion of the unrealized gain (loss) attributable to the change in the instrument specific credit risk and recognizes such amount in other comprehensive earnings (loss). The change in the fair value of the exchangeable senior debentures attributable to changes in the instrument specific credit risk were gains of $341 million, losses of $44 million and gains of $21 million, net of the recognition of previously unrecognized gains and losses, for the years ended December 31, 2022, 2021, and 2020, respectively. The cumulative change was a gain of $489 million as of December 31, 2022, net of the recognition of previously unrecognized gains and losses.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
	Dec. 31, 2022
Goodwill and Other Intangible Assets
Goodwill and Other Intangible Assets	(5) Goodwill and Other Intangible Assets Goodwill Changes in the carrying amount of goodwill are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ QxH ​ QVC International ​ CBI ​ Corporate and Other Total ​ ​ amounts in millions Balance at January 1, 2021 ​ $ 5,228 ​ 921 ​ 12 ​ 477 ​ 6,638 ​ Foreign currency translation adjustments ​ ​ — ​ (66) ​ — ​ — ​ (66) ​ Impairments ​ ​ — ​ — ​ — ​ (233) ​ (233) ​ Balance at December 31, 2021 ​ ​ 5,228 ​ 855 ​ 12 ​ 244 ​ 6,339 ​ Foreign currency translation adjustments ​ ​ — ​ (77) ​ — ​ — ​ (77) ​ Impairments ​ ​ (2,535) ​ — ​ — ​ (226) ​ (2,761) ​ Balance at December 31, 2022 ​ $ 2,693 ​ 778 ​ 12 ​ 18 ​ 3,501 ​ ​ As presented in the accompanying consolidated balance sheets, tradenames is the other significant indefinite lived intangible asset, $2,698 million of which related to the QxH segment. Intangible Assets Subject to Amortization ​ Intangible assets subject to amortization are comprised of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ December 31, 2021 ​ Gross Net Gross Net ​ ​ carrying ​ Accumulated ​ carrying ​ carrying ​ Accumulated ​ carrying ​ ​ amount ​ amortization ​ amount ​ amount ​ amortization ​ amount ​ ​ amounts in millions Television distribution rights ​ $ 664 (592) 72 818 (673) 145 ​ Customer relationships ​ 3,307 (3,120) 187 3,321 (3,087) 234 ​ Other ​ 1,473 (1,120) 353 1,443 (1,077) 366 ​ Total ​ $ 5,444 (4,832) 612 5,582 (4,837) 745 ​ ​ The weighted average life of these amortizable intangible assets was approximately 9 years at the time of acquisition. However, amortization is expected to match the usage of the related asset and will be on an accelerated basis as demonstrated in table below. ​ Amortization expense for intangible assets with finite useful lives was $323 million, $352 million and $363 million for the years ended December 31, 2022, 2021 and 2020, respectively. Based on its amortizable intangible assets as of December 31, 2022, Qurate Retail expects that amortization expense will be as follows for the next five years (amounts in millions): ​ ​ ​ ​ ​ ​ 2023 $ 274 ​ 2024 ​ $ 184 ​ 2025 ​ $ 97 ​ 2026 ​ $ 51 ​ 2027 ​ $ 3 ​ ​ Impairments During the third quarter of 2022, as a result of financial performance of certain subsidiary businesses, macroeconomic conditions including inflation and higher interest rates and a decline in the Company’s stock price, the Company initiated a process to evaluate those subsidiaries’ current business models and long-term business strategies. It was determined during the third quarter of 2022 that an indication of impairment existed for the QxH and Zulily reporting units related to their tradenames and goodwill. With the assistance of a third party specialist, the fair value of the tradenames was determined using the relief from royalty method, primarily using a discounted cash flow model using QxH’s and Zulily’s projections of future operating performance (income approach) and applying a royalty rate (market approach) (Level 3) , and impairments in the amounts of $180 million and $140 million for QxH (related to the tradename associated with the HSN brand) and Zulily, respectively, were recorded during the third quarter of 2022, in the impairment of intangible assets line item in the consolidated statements of operations. With the assistance of a third party specialist, the fair value of the QxH and Zulily reporting units was determined using a discounted cash flow method (Level 3), and goodwill impairments in the amounts of $2,535 million and $226 million for QxH and Zulily, respectively, were recorded during the third quarter of 2022, in the impairment of intangible assets line item in the consolidated statements of operations. ​ Additionally, during the fourth quarter of 2021, Zulily’s business deteriorated significantly. The same process discussed above was followed and as a result, an impairment of the tradename and goodwill for the amounts of $130 million and $233 million, respectively, were recorded in the impairment of intangible assets and long lived assets line item in the consolidated statements of operations. ​ After the triggering event and impairment loss recorded during the third quarter of 2022, the Company performed a qualitative goodwill impairment analysis during its annual impairment assessment in the fourth quarter of 2022 and no further impairment was identified. Based on the impairment losses recorded during the year, the estimated fair values of the HSN and Zulily tradenames and the QxH and Zulily reporting units do not significantly exceed their carrying values as of December 31, 2022. ​ As of December 31, 2022 the Company had accumulated goodwill impairment losses of $899 million attributed to the Zulily reporting unit and goodwill impairment losses of $2,535 million attributed to the QxH reporting unit.

Debt

Debt	12 Months Ended
	Dec. 31, 2022
Debt
Debt	(6) Debt Debt is summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding ​ ​ ​ ​ ​ ​ principal Carrying value ​ ​ ​ December 31, ​ December 31, ​ December 31, ​ ​ ​ 2022 ​ 2022 ​ 2021 ​ ​ ​ amounts in millions ​ Corporate level debentures ​ ​ ​ ​ ​ ​ ​ ​ 8.5% Senior Debentures due 2029 ​ $ 287 286 286 ​ 8.25% Senior Debentures due 2030 ​ 505 503 503 ​ 4% Exchangeable Senior Debentures due 2029 ​ ​ 354 134 328 ​ 3.75% Exchangeable Senior Debentures due 2030 ​ 430 157 347 ​ 1.75% Exchangeable Senior Debentures due 2046 ​ ​ 330 ​ 323 ​ 640 ​ Subsidiary level notes and facilities ​ ​ ​ ​ ​ ​ ​ ​ QVC 4.375% Senior Secured Notes due 2023 ​ 214 214 750 ​ QVC 4.85% Senior Secured Notes due 2024 ​ ​ 600 ​ 600 ​ 600 ​ QVC 4.45% Senior Secured Notes due 2025 ​ ​ 600 ​ 599 ​ 599 ​ QVC 4.75% Senior Secured Notes due 2027 ​ ​ 575 ​ 575 ​ 575 ​ QVC 4.375% Senior Secured Notes due 2028 ​ ​ 500 ​ 500 ​ 500 ​ QVC 5.45% Senior Secured Notes due 2034 ​ ​ 400 ​ 399 ​ 399 ​ QVC 5.95% Senior Secured Notes due 2043 ​ 300 300 300 ​ QVC 6.375% Senior Secured Notes due 2067 ​ ​ 225 ​ 225 ​ 225 ​ QVC 6.25% Senior Secured Notes due 2068 ​ ​ 500 ​ 500 ​ 500 ​ QVC Bank Credit Facilities ​ 1,075 1,075 481 ​ Deferred loan costs ​ ​ — ​ (37) ​ (44) ​ Total consolidated Qurate Retail debt ​ $ 6,895 6,353 6,989 ​ Less debt classified as current ​ ​ ​ (828) (1,315) ​ Total long-term debt ​ ​ ​ $ 5,525 5,674 ​ ​ Exchangeable Senior Debentures Each $1,000 debenture of LI LLC’s 4% Exchangeable Senior Debentures due 2029 was exchangeable at the holder's option for the value of 3.2265 shares of Sprint Corporation (“Sprint”) common stock and 0.7860 shares of Lumen Technologies, Inc. (“Lumen Technologies”) (formerly known as CenturyLink, Inc.) common stock. On April 1, 2020, T-Mobile US, Inc. (“T-Mobile”) completed its acquisition of Sprint Corporation (“TMUS/S Acquisition”) for 0.10256 shares of T-Mobile for every share of Sprint Corporation. Following the TMUS/S Acquisition, the reference shares attributable to each $1,000 original principal amount of the 4.0% Senior Exchangeable Debentures due 2029 consist of 0.3309 shares of common stock of T-Mobile, and 0.7860 shares of common stock of Lumen Technologies. Each $1,000 debenture of LI LLC's 3.75% Exchangeable Senior Debentures due 2030 was exchangeable at the holder's option for the value of 2.3578 shares of Sprint common stock and 0.5746 shares of Lumen Technologies common stock. Following the TMUS/S Acquisition, each $1,000 debenture of LI LLC’s 3.75% Exchangeable Senior Debentures is exchangeable at the holder’s option for the value of 0.2419 shares of T-Mobile common stock and 0.5746 shares of Lumen Technologies common stock. LI LLC may, at its election, pay the exchange value in cash, Sprint and Lumen Technologies common stock or a combination thereof. LI LLC, at its option, may redeem the debentures, in whole or in part, for cash generally equal to the principal amount of the debentures plus accrued interest. As a result of various principal payments made to holders of the 3.75% Exchangeable Senior Debentures, the adjusted principal amount of each $1,000 debenture is $936 as of December 31, 2022. On February 15, 2023, the Company completed the semiannual interest payment of $18.75 per $1,000 debenture and made an additional distribution of $0.14365 per debenture, resulting in an ending principal amount for each $1,000 debenture of $934 as of February 15, 2023. LI LLC issued the 1.75% Exchangeable Debentures. Each $1,000 debenture is exchangeable at the holder’s option for the value of 2.9317 shares of Charter Class A common stock. LI LLC may, at its election, pay the exchange value in cash, Charter Class A common stock or a combination thereof. The number of shares of Charter Class A common stock attributable to a debenture represents an initial exchange price of approximately $341.10 per share. On and after October 5, 2023, LI LLC, at its option, may redeem the debentures, in whole or in part, for cash generally equal to the principal amount of the debentures plus accrued interest. See note 4 for additional information about these debentures. As part of a common control transaction with QVC completed in December 2020, QVC Global Corporate Holdings, LLC (“QVC Global”), a subsidiary of QVC, became the primary co-obligor of LI LLC’s 3.5% Exchangeable Senior Debentures (the “Motorola Exchangeables”), allowing the Motorola Exchangeables to be serviced direct by cash generated from QVC’s foreign operations. Concurrently, LI LLC issued a promissory note to QVC Global with an initial principal amount of $1.8 billion, a stated annual interest rate of 0.48% and a maturity of December 29, 2029. Interest on the promissory note is to be paid annually beginning on December 29, 2021. On December 29, 2021, LI LLC repaid $85 million principal amount of the promissory note along with a $9 million annual interest payment. Each $1,000 debenture of the Motorola Exchangeables was exchangeable at the holder's option for the value of 5.2598 shares of Motorola Solutions, Inc. (“MSI”). The remaining exchange value was payable, at QVC Global's option, in cash or MSI stock or a combination thereof. QVC Global had the option to redeem the debentures, in whole or in part, for cash generally equal to the adjusted principal amount of the debentures plus accrued interest. On October 27, 2021, a notice was issued to all holders to redeem any and all outstanding Motorola Exchangeables on December 13, 2021. Bondholders had until the close of business on December 10, 2021 to exchange their bonds. During November and December 2021, QVC Global delivered MSI shares, which were acquired pursuant to a forward purchase contract, to the holders of the Motorola Exchangeables with a fair value of approximately $573 million to settle the exchanges of the Motorola Exchangeables. For holders who did not participate in the exchange, their bonds were redeemed on December 13, 2021 at adjusted principal, plus accrued interest and dividend pass-thru for a total cash payment of approximately $1 million. No Motorola Exchangeables remained outstanding as of December 31, 2021. During the year ended December 31, 2020, holders exchanged, under the terms of the Motorola Exchangeables, principal amounts of approximately $25 million, and LI LLC made cash payments of approximately $49 million respectively. Qurate Retail has elected to account for all of its exchangeables using the fair value option. Accordingly, changes in the fair value of these instruments are recognized as unrealized gains (losses) in the statements of operations. On a quarterly basis, Qurate Retail determines whether a triggering event has occurred to require current classification of certain exchangeables, as discussed below. The Company has classified the debentures that could be redeemed for cash as a current liability because the Company does not own shares to exchange the debentures or they are currently exchangeable. The Company also reviews the terms of the debentures on a quarterly basis to determine whether a triggering event for an open exchange window has occurred, which requires current classification of the exchangeables as the exchange is at the option of the holder. Exchangeable senior debentures classified as current totaled $614 million at December 31, 2022. Interest on the Company's exchangeable debentures is payable semi-annually based on the date of issuance. At maturity, all of the Company's exchangeable debentures are payable in cash. Senior Debentures Interest on the 8.5% Senior Debentures due 2029 and the 8.25% Senior Debentures due 2030 (collectively, the “Senior Debentures”) is payable semi-annually based on the date of issuance. The Senior Debentures are stated net of aggregate unamortized discount and issuance costs of $3 million at December 31, 2022 and $3 million at December 31, 2021. Such discount and issuance costs are being amortized to interest expense in the accompanying consolidated statements of operations. QVC Senior Secured Notes During prior years, QVC issued $750 million principal amount of 4.375% Senior Secured Notes due 2023 (the “2023 Notes”) at an issue price of 99.968%, $600 million principal amount of 4.85% Senior Secured Notes due 2024 at an issue price of 99.927%, $600 million principal amount of 4.45% Senior Secured Notes due 2025 at an issue price of 99.860% , In June 2022, QVC completed its purchase of approximately $536 million of the outstanding 2023 Notes pursuant to a cash tender offer to purchase any and all of its outstanding 2023 Notes (the “Tender Offer”). As a result of the Tender Offer, the Company recorded a loss on extinguishment of debt in the consolidated statements of operations of $6 million during the year ended December 31, 2022. As of December 31, 2022, the remaining outstanding 2023 Notes are classified within current portion of debt as they mature in less than one year. On February 4, 2020, QVC completed a registered debt offering for $575 million of the 4.75% Senior Secured Notes due 2027 (the "2027 Notes”) at par. Interest on the 2027 Notes is paid semi-annually in February and August, with payments commencing on August 15, 2020. The proceeds were used to partially prepay existing indebtedness under the QVC’s senior secured credit facility (the “Credit Facility”). On August 20, 2020, QVC completed a registered debt offering for $500 million of the 4.375% Senior Secured Notes due 2028 (the "2028 Notes") at par. Interest on the 2028 Notes will be paid semi-annually in March and September, with payments commencing on March 1, 2021. The proceeds were used in a cash tender offer (the “Tender Offer”) to purchase the outstanding $500 million of 5.125% Senior Secured Notes due 2022 (the “2022 Notes”). QVC also issued a notice of redemption exercising its right to optionally redeem any of the 2022 Notes that remained outstanding following the Tender Offer. As a result of the Tender Offer and the redemption, the Company recorded a loss on extinguishment of debt in the consolidated statements of operations of $42 million for the year ended December 31, 2020. The senior secured notes contain certain covenants, including certain restrictions on QVC and its restricted subsidiaries (subject to certain exceptions) with respect to, among other things: incurring additional indebtedness; creating liens on property or assets; making certain loans or investments; selling or disposing of assets; paying certain dividends and other restricted payments; consolidating or merging; entering into certain transactions with affiliates; entering into sale or leaseback transactions; and restricting subsidiary distributions. The senior secured notes permit QVC to make unlimited dividends or other restricted payments so long as QVC is not in default under the indentures governing the senior secured notes and QVC’s consolidated leverage ratio is not greater than 3.5 to 1.0 (the “senior secured notes leverage basket”). As of December 31, 2022, QVC’s consolidated leverage ratio (as calculated under QVC’s senior secured notes) was greater than 3.5 to 1.0 and as a result QVC is restricted in its ability to make dividends or other restricted payments under the senior secured notes. Although QVC will not be able to make unlimited dividends or other restricted payments under the senior secured notes leverage basket, QVC will continue to be permitted to make unlimited dividends to parent entities of QVC to service the principal and interest when due in respect of indebtedness of such parent entities (so long as there is no default under the indentures governing QVC’s senior secured notes) and permitted to make certain restricted payments to Qurate Retail under an intercompany tax sharing agreement in respect of certain tax obligations of QVC and its subsidiaries. Credit Facility On October 27, 2021, QVC amended and restated its latest credit agreement (as amended and restated, the “Fifth Amended and Restated Credit Agreement”) and refinanced the Credit Facility by entering into a fifth amended and restated agreement with QVC, Zulily, CBI, and QVC Global, each a direct or indirect wholly owned subsidiary of Qurate Retail, as borrowers (QVC, Zulily, CBI and QVC Global, collectively, the “Borrowers”), JPMorgan Chase Bank, N.A., as administrative agent, and the other parties named therein. The Fifth Amended and Restated Credit Agreement is a multi-currency facility providing for a $3.25 billion revolving credit facility, with a $450 million sub-limit for letters of credit and an alternative currency revolving sub-limit equal to 50% of the revolving commitments thereunder. The Credit Facility may be borrowed by any Borrower, with each Borrower jointly and severally liable for the outstanding borrowings. Borrowings under the Fifth Amended and Restated Credit Agreement bear interest at either the alternate base rate (such rate, the “ABR Rate”) or a LIBOR-based rate (or the applicable non-U.S. Dollar equivalent rate) (such rate, the “Term Benchmark/RFR Rate”) at the applicable Borrower’s election in each case plus a margin. Borrowings that are ABR Rate loans will bear interest at a per annum rate equal to the base rate plus a margin that varies between 0.25% and 0.625% depending on the Borrowers’ combined ratio of consolidated total debt to consolidated EBITDA (the “consolidated leverage ratio”). Borrowings that are Term Benchmark/RFR Rate loans will bear interest at a per annum rate equal to the applicable rate plus a margin that varies between 1.25% and 1.625% depending on the Borrowers’ consolidated leverage ratio. Each loan may be prepaid at any time and from time to time without penalty other than customary breakage costs. No mandatory prepayments will be required other than when borrowings and letter of credit usage exceed availability; provided that, if Zulily, CBI, QVC Global or any other borrower under the Credit Facility (other than QVC) is removed, at the election of QVC, as a borrower thereunder, all of its loans must be repaid and its letters of credit are terminated or cash collateralized. Any amounts prepaid on the Credit Facility may be reborrowed. The loans under the Credit Facility are scheduled to mature on October 27, 2026. Payment of the loans may be accelerated following certain customary events of default. The payment and performance of the Borrowers’ obligations under the Fifth Amended and Restated Credit Agreement are guaranteed by each of QVC’s, QVC Global’s, Zulily’s and CBI’s Material Domestic Subsidiaries (as defined in the Fifth Amended and Restated Credit Agreement), if any, and certain other subsidiaries of any Borrower that such Borrower has chosen to provide guarantees. Further, the borrowings under the Fifth Amended and Restated Credit Agreement are secured, pari passu with QVC’s existing notes, by a pledge of all of QVC’s equity interests. The borrowings under the Fifth Amended and Restated Credit Agreement are also secured by a pledge of all of Zulily’s and CBI’s equity interests. The Fifth Amended and Restated Credit Agreement contains certain affirmative and negative covenants, including certain restrictions on the Borrowers and each of their respective restricted subsidiaries (subject to certain exceptions) with respect to, among other things: incurring additional indebtedness; creating liens on property or assets; making certain loans or investments; selling or disposing of assets; paying certain dividends and other restricted payments; dissolving, consolidating or merging; entering into certain transactions with affiliates; entering into sale or leaseback transactions; restricting subsidiary distributions; and limiting the Borrowers’ consolidated leverage ratio. Borrowings under the Fifth Amended and Restated Credit Agreement may be used to repay outstanding indebtedness, pay certain fees and expenses, finance working capital needs and general purposes of the Borrowers and their respective subsidiaries and make certain restricted payments and loans to the Borrowers’ respective parents and affiliates. Availability under the Fifth Amended and Restated Credit Agreement at December 31, 2022 was $2.15 billion on which Zulily and CBI may also borrow. The interest rate on the Fifth Amended and Restated Credit Agreement was 5.75% at December 31, 2022. Interest Rate Swap Arrangements In July 2019, QVC entered into a three-year interest swap arrangement with a notional amount of $125 million. The swap arrangement was not treated as a hedge under U.S. GAAP, and expired in July 2022. The swap was in a net liability position of $1 million as of December 31, 2021, which was included in accrued liabilities in the consolidated balance sheet. Debt Covenants Qurate Retail and its subsidiaries were in compliance with all debt covenants at December 31, 2022. Five Year Maturities The annual principal maturities of Qurate Retail's debt, based on stated maturity dates, for each of the next five years is as follows (amounts in millions): ​ ​ ​ ​ ​ ​ 2023 $ 216 ​ 2024 ​ $ 603 ​ 2025 ​ $ 603 ​ 2026 ​ $ 1,078 ​ 2027 ​ $ 578 ​ ​ Fair Value of Debt Qurate Retail estimates the fair value of its debt based on the quoted market prices for the same or similar issues or on the current rate offered to Qurate Retail for debt of the same remaining maturities (Level 2). The 2067 Notes and 2068 Notes are traded on the New York Stock Exchange, and the Company considers them to be actively traded. As such, the 2067 Notes and 2068 Notes are valued based on their trading price (Level 1). instruments not considered to be active markets, of Qurate Retail's publicly traded debt securities that are not reported at fair value in the accompanying consolidated balance sheets is as follows (amounts in millions): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2022 2021 Senior debentures ​ $ 377 871 ​ QVC senior secured notes ​ $ 2,676 4,595 ​ ​ Due to the variable rate nature, Qurate Retail believes that the carrying amount of its subsidiary debt not discussed above approximated fair value at December 31, 2022.

Leases

Leases	12 Months Ended
	Dec. 31, 2022
Leases
Leases	(7) Leases ​ Right-of-use assets and lease liabilities are initially recognized based on the present value of the future lease payments over the expected lease term. As for most leases the implicit rate is not readily determinable, the Company uses a discount rate in determining the present value of future payments based on the Company’s incremental borrowing rate on a collateralized basis aligning with the term of the lease. Our lease agreements include both lease and non-lease components, which the Company accounts for as a single lease component. The Company’s leases have base rent periods and some with optional renewal periods. Leases with base rent periods of less than 12 months are not recorded on the balance sheet. For purposes of measurement of lease liabilities, the expected lease terms may include renewal options when it is reasonably certain that the Company will exercise such options. ​ Leases with an initial term greater than twelve months are classified as either finance or operating. Finance leases are generally those that we substantially use or pay for the entire asset over its estimated useful life and are recorded in property and equipment. All other leases are categorized as operating leases and recorded in operating lease right-of-use assets. ​ We have entered into sale leaseback transactions. To determine whether the transaction should be accounted for as a sale, we evaluate whether control of the asset has transferred to a third party. If the transfer of the asset is determined to be a sale, we recognize the transaction price for the sale based on cash proceeds received, derecognize the carrying amount of the asset sold, and recognize a gain or loss in the consolidated statement of operations for any difference between the carrying value of the asset and the transaction price. The leaseback is accounted for according to our lease policy discussed above. If the transfer of the asset is not determined to be a sale, we account for the transaction as a financing arrangement. The Company has finance lease agreements with transponder and transmitter network suppliers for the right to transmit its signals. The Company is also party to a finance lease agreement for data processing hardware and a warehouse. The Company also leases data processing equipment, facilities, office space, retail space and land. These leases are classified as operating leases. Operating lease ROU assets and operating lease liabilities are recognized based on the present value of the future lease payments using our incremental borrowing rate. Our leases have remaining lease terms of less than one year to 20 years some of which may include the option to extend for up to 14 years , and some of which include options to terminate the leases within less than one year . The components of lease cost during the years ended December 31, 2022, 2021 and 2020 were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ amounts in millions ​ Operating lease cost (1) $ 127 ​ 96 ​ 87 ​ Finance lease cost ​ ​ ​ ​ ​ ​ ​ Depreciation of leased assets $ 5 ​ 19 ​ 19 ​ Interest on lease liabilities ​ 3 ​ 8 ​ 8 ​ Total finance lease cost $ 8 ​ 27 ​ 27 ​ (1) Included within operating lease costs were short-term lease costs and variable lease costs, which were not material to the financial statements. ​ The remaining weighted-average lease term and the weighted-average discount rate were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ ​ 2022 ​ 2021 ​ 2020 ​ Weighted-average remaining lease term (years): ​ ​ ​ ​ ​ ​ ​ Finance leases ​ 1.9 ​ 7.7 ​ 8.5 ​ Operating leases ​ 9.6 ​ 8.3 ​ 8.5 ​ Weighted-average discount rate: ​ ​ ​ ​ ​ ​ ​ Finance leases ​ 2.1% ​ 5.2% ​ 5.1% ​ Operating leases ​ 10.2% ​ 5.1% ​ 5.1% ​ ​ Supplemental balance sheet information related to leases was as follows: ​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ 2022 ​ 2021 ​ ​ amounts in millions ​ Operating leases: ​ ​ ​ ​ ​ Operating lease ROU assets $ 585 ​ 351 ​ ​ ​ ​ ​ ​ ​ Current operating lease liabilities (1) $ 76 ​ 64 ​ Operating lease liabilities ​ 518 ​ 303 ​ Total operating lease liabilities $ 594 ​ 367 ​ ​ ​ ​ ​ ​ ​ Finance Leases: ​ ​ ​ ​ ​ Finance lease ROU assets (3) $ 17 ​ 277 ​ Finance lease ROU asset accumulated depreciation (3) ​ (13) ​ (151) ​ Finance lease ROU assets, net $ 4 ​ 126 ​ Current finance lease liabilities (1) $ 2 ​ 20 ​ Finance lease liabilities (2) ​ 2 ​ 137 ​ Total finance lease liabilities $ 4 ​ 157 ​ (1) Included within the Other current liabilities line item on the consolidated balance sheets. (2) Included within the Other liabilities line item on the consolidated balance sheets. (3) Included within the Property and equipment line item on the consolidated balance sheets. Supplemental cash flow information related to leases was as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ in millions ​ Cash paid for amounts included in the measurement of lease liabilities: ​ ​ ​ ​ ​ ​ ​ Operating cash outflows from operating leases $ 108 ​ 82 ​ 86 ​ Operating cash outflows from finance leases $ 3 ​ 8 ​ 8 ​ Financing cash outflows from finance leases $ 6 ​ 18 ​ 18 ​ ROU assets obtained in exchange for lease obligations: ​ ​ ​ ​ ​ ​ ​ Operating leases $ 306 ​ 49 ​ 35 ​ Finance leases $ — ​ 11 ​ — ​ ​ Future lease payments under finance leases and operating leases with initial terms of one year or more at December 31, 2022 consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ Finance Leases ​ Operating Leases ​ ​ amounts in millions ​ 2023 $ 3 ​ 125 ​ 2024 ​ 1 ​ 106 ​ 2025 ​ — ​ 89 ​ 2026 ​ — ​ 75 ​ 2027 ​ — ​ 65 ​ Thereafter ​ — ​ 614 ​ Total lease payments $ 4 ​ 1,074 ​ Less: imputed interest ​ — ​ 480 ​ Total lease liabilities $ 4 ​ 594 ​ ​ In June 2022, QVC modified the finance lease for its distribution center in Ontario, California which reduced the term of the lease and removed QVC’s ability to take ownership of the distribution center at the end of the lease term. QVC will make annual payments over the modified lease term. Since the lease was modified and removed QVC’s ability to take ownership at the end of the lease term, the Company accounted for the modification similar to a sale and leaseback transaction, and as a result, QVC received net cash proceeds of $250 million and recognized a $240 million gain on the sale of the distribution center during the second quarter of 2022 calculated as the difference between the aggregate consideration received (including cash and forgiveness of the remaining financing obligation of $84 million) and the carrying value of the distribution center. The gain is included in gains on sale leaseback transactions in the consolidated statement of operations. The Company accounted for the modified lease as an operating lease and recorded a $37 million right-of-use asset and a $31 million operating lease liability, with the difference attributable to prepaid rent. ​ In July 2022, QVC sold five owned and operated properties located in the U.S. to an independent third party and received net cash proceeds of $443 million. Concurrent with the sale, QVC entered into agreements to lease each of the properties back from the purchaser over an initial term of 20 years with the option to extend the terms of the property leases for up to four consecutive terms of five years . QVC recognized a $277 million gain related to the successful sale leaseback for the year ended December 31, 2022, calculated as the difference between the aggregate consideration received and the carrying value of the properties. The Company accounted for the leases as operating leases and recorded a $207 million right-of-use asset and a $205 million operating lease liability, with the difference attributable to initial direct costs. ​ In November 2022, QVC entered into agreements to sell two properties located in Germany and the U.K. to an independent third party. Under the terms of the agreements, QVC received net cash proceeds of $102 million related to its German facility and $80 million related to its U.K. facility when the sale closed in January 2023. Concurrent with the sale, QVC entered into agreements to lease each of the properties back from the purchaser over an initial term of 20 years with the option to extend the terms of the property leases for up to four consecutive terms of five years . QVC expects to record a gain in the first quarter of 2023 related to the sale leaseback transaction . As of December 31, 2022, the related assets of $71 million were classified as held for sale, and included in other assets, at cost, net of accumulated amortization in the consolidated balance sheet, as the proceeds from the sale were used to repay a portion of the the Credit Facility borrowings which were classified as noncurrent as of December 31, 2022. Qurate Retail classifies obligations as current when they are contractually required to be satisfied in the next twelve months. On October 31, 2022, the Company entered into foreign currency forward contracts with an aggregate notional amount of $167 million to mitigate the foreign currency risk associated with the sale and leaseback of Germany and UK properties. The forward did not qualify as a cash flow hedge under U.S. GAAP. Changes in the fair value of the forward are reflected in realized and unrealized gains (losses) on financial instruments, net in the consolidated statements of operations. The forward expired in January 2023 and was in a net liability position of $10 million as of December 31, 2022, which was included in accrued liabilities

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2022
Income Taxes
Income Taxes	(8) Income Taxes Income tax benefit (expense) consists of: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ 2022 2021 2020 ​ ​ amounts in millions Current: ​ ​ ​ ​ ​ ​ ​ ​ Federal ​ $ (99) (49) 8 ​ State and local ​ (29) (55) (48) ​ Foreign ​ (84) (117) (105) ​ ​ ​ ​ (212) (221) (145) ​ Deferred: ​ ​ ​ ​ ​ ​ ​ ​ Federal ​ ​ (4) (24) 312 ​ State and local ​ (27) 26 26 ​ Foreign ​ 19 2 10 ​ ​ ​ (12) 4 348 ​ Income tax benefit (expense) ​ $ (224) (217) 203 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ 2022 2021 2020 ​ ​ amounts in millions Domestic ​ $ (2,530) 262 735 ​ Foreign ​ 222 376 316 ​ Total ​ $ (2,308) 638 1,051 ​ ​ Income tax benefit (expense) differs from the amounts computed by applying the U.S. federal income tax rate of 21% as a result of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ 2022 2021 2020 ​ ​ amounts in millions Computed expected tax benefit (expense) ​ $ 485 (134) (221) ​ State and local income taxes, net of federal income taxes ​ (35) (20) (45) ​ Tax on foreign earnings, net of federal tax benefits ​ (15) (113) 47 ​ Alternative energy tax credits and incentives ​ — 125 139 ​ Change in valuation allowance affecting tax expense ​ — — (59) ​ Change in tax rate ​ ​ (8) ​ — ​ (15) ​ Corporate realignment ​ ​ — ​ — ​ 352 ​ Non-deductible equity distribution ​ ​ (41) ​ — ​ — ​ Impairment of intangible assets ​ ​ (580) ​ (49) ​ — ​ Non-deductible interest on Preferred Stock to non-employee ​ ​ (21) ​ (21) ​ (6) ​ Other, net ​ (9) (5) 11 ​ Income tax benefit (expense) ​ $ (224) (217) 203 ​ ​ For 2022, the most significant portion of the losses before income taxes relates to a goodwill impairment that is not deductible for tax purposes. During November and December of 2021, the Company, through a wholly owned foreign subsidiary, recognized income related to the exchange and redemption of the outstanding Motorola Exchangeables and the extinguishment of related hedges. The income is subject to tax under the U.S Global Intangible Low-taxed Income (“GILTI”) rules. The tax effect of this GILTI income, including the federal tax benefit of related foreign tax credits, is treated by the Company as a period cost. In addition, the Company recorded a U.S. federal tax benefit for foreign derived intangible income deductions claimed on royalty income recognized by the Company in the U.S. during 2021. The tax effect of these items is included in Tax on foreign earnings, net of federal tax benefit in the above table. For the year ended December 31, 2020 the Company recorded an income tax benefit. The tax benefit was primarily driven by the impacts of a corporate realignment and tax credits generated by alternative energy investments. During the fourth quarter of 2020, the Company completed a corporate realignment transaction, whereby the assets and liabilities of certain foreign business units held in U.S. subsidiaries were transferred to QVC Global, a foreign subsidiary of QVC. This changed the manner in which income of the foreign business units is subject to U.S. income tax. As part of this realignment and upon entering into a payment agreement, QVC Global became the primary co-obligor of the Motorola Exchangeables. The Company’s accounting policy is not to record deferred income taxes related to global intangible low-taxed income activity in our foreign subsidiaries but instead to recognize income tax expense in the periods as incurred. Accordingly, the deferred income tax liability for the Motorola Exchangeables that existed prior to the corporate realignment was reduced to zero and the Company recorded a corresponding income tax benefit. The tax effects of temporary differences that give rise to significant portions of the deferred income tax assets and deferred income tax liabilities are presented below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2022 2021 ​ ​ amounts in millions Deferred tax assets: ​ ​ ​ ​ ​ ​ Tax losses and credit carryforwards ​ $ 246 240 ​ Foreign tax credit carryforwards ​ 93 95 ​ Accrued stock compensation ​ 15 15 ​ Operating lease liability ​ ​ 104 ​ 71 ​ Other accrued liabilities ​ 59 ​ 63 ​ Prepaid royalty ​ ​ 70 ​ 94 ​ Other ​ 150 131 ​ Deferred tax assets ​ 737 709 ​ Valuation allowance ​ (264) (264) ​ Net deferred tax assets ​ 473 445 ​ ​ ​ ​ ​ ​ ​ ​ Deferred tax liabilities: ​ ​ ​ ​ ​ ​ Intangible assets ​ 675 758 ​ Fixed assets ​ ​ 106 ​ 142 ​ Discount on exchangeable debentures ​ 970 768 ​ Other ​ 131 94 ​ Deferred tax liabilities ​ 1,882 1,762 ​ Net deferred tax liabilities ​ $ 1,409 1,317 ​ ​ There was no change to the Company's valuation allowance in 2022. At December 31, 2022, the Company had a deferred tax asset of $246 million for net operating losses, credit carryforwards, and interest expense carryforwards. If not utilized to reduce income tax liabilities in future periods, $147 million of these loss carryforwards and tax credits will expire at various times between 2023 and 2042. The remaining $99 million of tax losses and carryforwards may be carried forward indefinitely. These losses and credit carryforwards are expected to be utilized prior to expiration, except for $182 million which, based on current projections, will not be utilized in the future and are subject to a valuation allowance. At December 31, 2022, the Company had a deferred tax asset of $93 million for foreign tax credit carryforwards. If not utilized to reduce income tax liabilities in future periods, these foreign tax credit carryforwards will expire at various times between 2026 and 2032. The Company estimates that $80 million of its foreign tax credit carryforward will expire without utilization. A reconciliation of unrecognized tax benefits is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 2021 2020 ​ ​ ​ amounts in millions ​ Balance at beginning of year ​ $ 88 83 ​ 75 ​ Additions based on tax positions related to the current year ​ 8 9 ​ 7 ​ Additions for tax positions of prior years ​ 12 1 ​ 7 ​ Reductions for tax positions of prior years ​ (2) (1) ​ (1) ​ Lapse of statute and settlements ​ (9) (4) ​ (5) ​ Balance at end of year ​ $ 97 88 ​ 83 ​ ​ As of December 31, 2022, 2021 and 2020, the Company had recorded tax reserves of $97 million, $88 million and $83 million, respectively, related to unrecognized tax benefits for uncertain tax positions. If such tax benefits were to be recognized for financial statement purposes, $77 million, $70 million and $66 million for the years ended December 31, 2022, 2021 and 2020, respectively, would be reflected in the Company's tax expense and affect its effective tax rate. Qurate Retail's estimate of its unrecognized tax benefits related to uncertain tax positions requires a high degree of judgment. The Company has tax positions for which the amount of related unrecognized tax benefits could change during 2022. The amount of unrecognized tax benefits related to these issues could change as a result of potential settlements, lapsing of statute of limitations and revisions of estimates. It is reasonably possible that the amount of the Company's gross unrecognized tax benefits may decrease within the next twelve months by up to $21 million. As of December 31, 2022, the Company's tax years prior to 2019 are closed for federal income tax purposes, and the IRS has completed its examination of the Company's 2019 and 2020 tax years. However, 2019 and 2020 remain open until the statute of limitations lapses on October 15 of 2023 and 2024, respectively. The Company's 2021 and 2022 tax years are being examined currently as part of the IRS's Compliance Assurance Process ("CAP") program. Various states and foreign jurisdictions are currently examining the Company's prior years’ state and foreign income tax returns. The Company recorded $33 million of accrued interest and penalties related to uncertain tax positions for the year ended December 31, 2022, $28 million for the year ended December 31, 2021 and $25 million for the year ended December 31, 2020.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2022
Stockholders' Equity
Stockholders' Equity	(9) Stockholders' Equity Preferred Stock On September 14, 2020, Qurate Retail issued its 8.0% Series A Cumulative Redeemable Preferred Stock, par value $0.01 per share (“Preferred Stock”). There were 13,500,000 shares of Preferred Stock authorized and 12,673,216 shares, and 12,627,657 shares issued outstanding ​ Priority. The Preferred Stock ranks senior to the shares of common stock of Qurate Retail, with respect to dividend rights, rights of redemption and rights on the distribution of assets on any voluntary or involuntary liquidation, dissolution or winding up of Qurate Retail’s affairs. Shares of Preferred Stock are not convertible into shares of common stock of Qurate Retail. ​ Dividends. Holders of the Preferred Stock are entitled to receive quarterly cash dividends at a rate of 8.0% per annum of the liquidation price (as described below) on a cumulative basis, during the term. If declared, accrued dividends will be payable quarterly on each dividend payment date, beginning December 15, 2020 and thereafter on each March 15, June 15, September 15, and December 15 during the term (or, if such date is not a business day, the next business day after such date). If Qurate Retail fails to pay dividends or the applicable redemption price with respect to any redemption within 30 days after the applicable dividend payment or redemption date, the dividend rate will increase as provided by the Certificate of Designations for the Preferred Stock (the “Certificate of Designations”). Accrued dividends that are not paid within 30 days after the applicable dividend payment date will be added to the liquidation price until paid together with all dividends accrued thereon. ​ The ability of Qurate Retail to declare or pay any dividend on, or purchase, redeem, or otherwise acquire, any of its common stock or any other stock ranking on parity with the Preferred Stock will be subject to restrictions if Qurate Retail does not pay all dividends and all redemption payments on the Preferred Stock, subject to certain exceptions as set forth in the Certificate of Designations. ​ During the years ended December 31, 2022 and 2021, the Company declared and paid four quarterly cash dividends, each for $2.00 per share to stockholders of record of the Preferred Stock. On February 16, 2023, the Company declared a quarterly cash dividend of $2.00 per share, which will be payable in cash on March 15, 2023 to stockholders of record of the Preferred Stock at the close of business on February 28, 2023. ​ Distributions upon Liquidation, Dissolution or Winding Up. Upon Qurate Retail’s liquidation, winding-up or dissolution, each holder of shares of the Preferred Stock will be entitled to receive, before any distribution is made to the holders of Qurate Retail common stock, an amount equal to the liquidation price plus all unpaid dividends (whether or not declared) accrued from the immediately preceding dividend payment date, subject to the prior payment of liabilities owed to Qurate Retail’s creditors and the preferential amounts to which any stock senior to the Preferred Stock is entitled. The Preferred Stock has a liquidation price equal to the sum of (i) $100 , plus (ii) all accrued and unpaid dividends (whether or not declared) that have been added to the liquidation price. ​ Mandatory and Optional Redemption. The Preferred Stock is subject to mandatory redemption on March 15, 2031 at the liquidation price plus all unpaid dividends (whether or not declared) accrued from the most recent dividend payment date. On or after the fifth anniversary of September 14, 2020 (the “Original Issue Date”), Qurate Retail may redeem all or a portion of the outstanding shares of Preferred Stock, at the liquidation price plus all unpaid dividends (whether or not declared) accrued from the most recent dividend payment date plus, if the redemption is (x) on or after the fifth anniversary of the Original Issue Date but prior to its sixth anniversary, 4.00% of the liquidation price, (y) on or after the sixth anniversary of the Original Issue Date but prior to its seventh anniversary, 2.00% of the liquidation price and (z) on or after the seventh anniversary of the Original Issue Date, zero . Both mandatory and optional redemptions must be paid in cash. ​ Voting Power. Holders of the Preferred Stock will not have any voting rights or powers, except as specified in the Certificate of Designations or as required by Delaware law. ​ Preferred Stock Directors . So long as the aggregate liquidation price of the outstanding shares of Preferred Stock exceeds 25% of the aggregate liquidation price of the shares of Preferred Stock issued on the Original Issue Date, holders of Preferred Stock will have certain director election rights as described in the Certificate of Designations whenever dividends on shares of Preferred Stock have not been declared and paid for two consecutive dividend periods and whenever Qurate Retail fails to pay the applicable redemption price in full with respect to any redemption of the Preferred Stock or fails to make a payment with respect to the Preferred Stock in connection with a liquidation or Extraordinary Transactions (as defined in the Certificate of Designations). ​ Recognition . As the Preferred Stock is subject to unconditional mandatory redemption in cash and was issued in the form of a share, the Company concluded the Preferred Stock was a mandatorily redeemable financial instrument and should be classified as a liability in the consolidated balance sheets. The Preferred Stock was initially recorded at its fair value, which was determined to be the liquidation preference of $100 per share. Given the liability classification of the Preferred Stock, all dividends accrued are classified as interest expense in the consolidated statements of operations. The fair value of the Preferred Stock (level 1) was $434 million as of December 31, 2022. ​ Common Stock Series A Qurate Retail common stock has one vote per share, and Series B Qurate Retail common stock has ten votes per share. Each share of the Series B common stock is exchangeable at the option of the holder for one share of Series A common stock of the same group. The Series A and Series B common stock participate on an equal basis with respect to dividends and distributions. At the Annual Meeting of Stockholders held on June 2, 2015, the Company’s stockholders approved an amendment to the Restated Certificate of Incorporation that increased (i) the total number of shares of the Company’s capital stock which the Company will have the authority to issue to 9,015 million shares, (ii) the number of shares of the Company’s capital stock designated as “Common Stock” to 8,965 million shares and (iii) the number of shares of Common Stock designated as “Series A Liberty Ventures Common Stock,” “Series B Liberty Ventures Common Stock” and “Series C Liberty Ventures Common Stock” to 400 million shares, 15 million shares and 400 million shares, respectively. At the Annual Meeting of Stockholders held on May 23, 2018, the Company’s stockholders approved an amendment to the Restated Certificate of Incorporation, which (i) eliminated the tracking stock capitalization structure of the Company and (ii) reclassified each outstanding share of Series A and Series B QVC Group common stock into one share of our Series A and Series B common stock, respectively. In addition, the amendment to the Restated Certificate of Incorporation changed (i) the total number of shares of the Company’s capital stock which the Company will have the authority to issue to 8,200 million shares, (ii) the number of shares of the Company’s capital stock designated as “Common Stock” to 8,150 million shares, (iii) the number of shares of Common Stock designated as “Series A Common Stock,” “Series B Common Stock” and “Series C Common Stock” to 4,000 million shares, 150 million shares and 4,000 million shares, respectively, and (iv) the number of shares of the Company’s capital stock designated as “Preferred Stock” to 50 million shares. As of December 31, 2022, Qurate Retail reserved for issuance upon exercise of outstanding stock options approximately 32.9 million shares of Series A Qurate Retail common stock and approximately 2.2 million shares of Series B Qurate Retail common stock. In addition to the Series A and Series B Qurate Retail common stock, there are 4 billion shares of Series C Qurate Retail common stock authorized for issuance, respectively. As of December 31, 2022, no shares of any Series C Qurate Retail common stock were issued or outstanding Purchases of Common Stock During the years ended December 31, 2021 and 2020, the Company repurchased 41,153,205 and 6,521,782 shares of Series A Qurate Retail common stock, respectively, for aggregate cash consideration of $435 million and $70 million, respectively. There were no shares of Series A Qurate Retail common stock repurchased during the year ended December 31, 2022. All of the foregoing shares were repurchased pursuant to a previously announced share repurchase program and have been retired and returned to the status of authorized and available for issuance.

Related Party Transactions with

Related Party Transactions with Officers and Directors	12 Months Ended
	Dec. 31, 2022
Related Party Transactions with Officers and Directors
Related Party Transactions with Officers and Directors	(10) Related Party Transactions with Officers and Directors Chairman Compensation Arrangement ​ In December 2019, Liberty Media entered into a new employment arrangement with Gregory B. Maffei, our Chairman. The arrangement provides for a five year employment term which began on January 1, 2020 and ends December 31, 2024, with an annual base salary of $3 million (with no contracted increase), a one-time cash commitment bonus of $5 million (paid in December 2019), an annual target cash performance bonus of $17 million (with payment subject to the achievement of one or more performance metrics as determined by the applicable company’s Compensation Committee), upfront equity awards and annual equity awards (as described below). The Chairman was entitled to receive term equity awards with an aggregate grant date fair value of $90 million (the “Upfront Awards”) which were granted in two equal tranches. The first tranche consisted of time-vested stock options from each of Qurate Retail, LMC, Liberty Broadband and GCI Liberty and time-vested restricted stock units (“RSUs”) from Liberty TripAdvisor (collectively, the “2019 term awards”) that vest, in each case, on December 31, 2023 (except Liberty TripAdvisor’s award of time-vested RSUs, which vests on December 15, 2023), subject to the Chairman’s continued employment, except under certain circumstances. Qurate Retail’s portion of the 2019 term awards, granted in December 2019, had an aggregate grant date fair value of $8,550,000 and consisted of stock options to purchase 2,133,697 shares of Series A Qurate Retail common stock (“QRTEA”) with an exercise price of $8.17. The second tranche of the Upfront Awards consisted of time-vested stock options from each of LMC, Qurate Retail, Liberty Broadband and GCI Liberty and time-vested RSUs from Liberty TripAdvisor (collectively, the “2020 term awards”) that vest, in each case, on December 31, 2024 (except Liberty TripAdvisor’s award of time-vested RSUs, which vests on December 7, 2024), subject to the Chairman’s continued employment, except under certain circumstances. Qurate Retail’s portion of the 2020 term awards, granted in December 2020, had an aggregate grant date fair value of $5,850,000 and consisted of stock options to purchase 1,190,529 QRTEA shares with an exercise price of $10.34. The Chairman is also entitled to receive annual equity award grants with an annual aggregate grant date fair value of $17.5 million, consisting of time-vested options, performance-based RSUs or a combination of both, at the election of the Chairman. The annual equity awards are granted directly by Qurate Retail, LMC, Liberty Broadband and Liberty TripAdvisor according to their applicable allocation percentage. The allocation percentage is determined based on a combination of (1) relative market capitalizations, weighted 50% , and (2) a blended average of historical time allocation on an LMC-wide and Chairman basis, weighted 50% , in each case, absent agreement to the contrary by Qurate Retail, LMC, Liberty Broadband and Liberty TripAdvisor in consultation with the Chairman. The allocation percentage is then adjusted annually and following certain events. Former CEO Compensation Agreement On September 27, 2015, the Compensation Committee of Qurate Retail approved a compensation arrangement for our former CEO. The arrangement provided for a five year employment term beginning December 16, 2015 and ending December 31, 2020. Effective November 17, 2020, Qurate Retail entered into an amendment to the former CEO’s compensation arrangement that provided for a one year extension of the employment agreement dated December 16, 2015 and ended his term on December 31, 2021. For the year ended December 31, 2021, his annual base salary increased to $1.5 million and he received an annual target cash bonus equal to 100% of his annual base salary with a maximum bonus of 240% of base salary, subject to the achievement of performance criteria. The former CEO also received a performance-based RSU award equal to $5.5 million of target value, with a maximum value equal to $8.3 million, and a time-vested RSU award also equal to $5.5 million of value. The performance-based RSU award was subject to performance criteria as determined by the Compensation Committee. CEO Employment Agreement On July 12, 2021, the Compensation Committee of the Board of Directors of Qurate Retail approved the Company’s entry into an employment agreement with David Rawlinson II, effective July 12, 2021. Effective August 1, 2021, Mr. Rawlinson began to serve as President and Chief Executive Officer-Elect of Qurate Retail, with Mike George continuing as Chief Executive Officer. Effective October 1, 2021, Mr. Rawlinson began to serve as President and Chief Executive Officer of Qurate Retail, with Mr. George assuming the role of Senior Advisor. Mr. Rawlinson concurrently assumed the same positions with QVC. Mr. George resigned from the Board of Directors effective January 1, 2022, at which time Mr. Rawlinson joined the Board. With respect to his roles at Qurate Retail and QVC, Mr. George stepped down as President effective August 1, 2021 and as Chief Executive Officer effective October 1, 2021. Malone Stock Exchange and Maffei Arrangements On May 18, 2021, Gregory B. Maffei, the Chairman of the Board and a director of the Company, delivered a written offer (the “Offer”) to John C. Malone, a director of Qurate Retail, to acquire all of the outstanding shares of Series B Qurate Retail common stock (“QRTEB”) beneficially owned by Mr. Malone, his wife Leslie Malone and certain trusts for the benefit of Mr. Malone, Mrs. Malone and/or their children (the “Malone Group,” and such shares, the “Subject Shares”) at a per share price of $14.00 payable in cash, securities or such other form of consideration as to which Mr. Maffei and Mr. Malone might mutually agree. The transfer by the Malone Group of the Subject Shares was subject to the terms of that certain call agreement, dated February 9, 1998 (the “Call Agreement”), among Qurate Retail, as successor-in-interest to the assignee of Tele-Communications, Inc., a Delaware corporation, Mr. Malone and Mrs. Malone, which provided Qurate Retail with the right to acquire all, but not less than all, of the Subject Shares at a per share price equal to the lower of (x) the Offer price or (y) 110% of the average closing prices of a share of QRTEA for the 30 On June 2, 2021, Qurate Retail delivered written notice to Mr. Malone to exercise the Call Right and to pay the per share Call Price required by the Call Agreement in shares of QRTEA. On June 3, 2021, the Company and the Malone Group entered into a Stock Exchange Agreement (the “Malone Stock Exchange Agreement”) to effect the closing of the Call Right exercise, pursuant to which the Malone Group transferred to the Company an aggregate of 27,655,931 shares of QRTEB, and in exchange (the “Malone Exchange”), Qurate Retail issued to the Malone Group an aggregate of 30,421,522 shares of QRTEA. Under the terms of the Call Agreement, the aggregate Call Price converts into an equivalent ratio of 1.1 shares of QRTEA for each share of QRTEB with the aggregate number of shares of QRTEA issued to each member of the Malone Group rounded down to the nearest whole share. On June 3, 2021, the Company, LMC and Mr. Maffei entered into a Waiver Letter and Amendment of Employment Agreement (the “Letter Agreement”), pursuant to which, among other things, Mr. Maffei (x) waived his rights to assert that Qurate Retail’s exercise of the Call Right, the transactions to be consummated pursuant to the Malone Stock Exchange Agreement or the resulting reduction in the Malone Group’s voting power with respect to Qurate Retail (collectively, the “Specified Events”) would constitute a “Change in Control” or “Good Reason,” in each case, as defined in the Executive Employment Agreement, dated as of December 13, 2019, by and between LMC and Mr. Maffei (the “Employment Agreement”), with respect to Qurate Retail, and agreed not to terminate his employment with Qurate Retail for “Good Reason” in connection with or arising out of the Option Cancellation (as defined below) or any of the Specified Events, and (y) consented to the cancellation (the “Option Cancellation”) of stock option awards to purchase shares of QRTEB that had been granted to Mr. Maffei on each of December 24, 2014, and March 31, 2015 for 1,137,228 shares at an exercise price of $16.97 per share, and 197,783 shares at an exercise price of $16.71 per share, respectively. In consideration for the foregoing, pursuant to the Letter Agreement, (i) Mr. Maffei received a grant of 1,101,321 restricted shares of QRTEB that are scheduled to vest, subject to Mr. Maffei’s continued employment with the Company, in two equal tranches on December 10, 2024 and the fifth anniversary of the grant date, subject to earlier vesting under certain circumstances, and (ii) Qurate Retail agreed that the portion of the Annual Equity Awards (as defined in the Employment Agreement) to be granted by Qurate Retail to Mr. Maffei pursuant to Section 4.11 of the Employment Agreement for calendar years 2022, 2023 and 2024 shall be granted with respect to the QRTEB. Also, on June 3, 2021, the Company and Mr. Maffei also entered into a Stock Exchange Agreement (the “Maffei Stock Exchange Agreement”) pursuant to which, among other things: (i) Mr. Maffei transferred to Qurate Retail an aggregate of 5,378,308 shares of QRTEA, and in exchange Qurate Retail issued to Mr. Maffei an equivalent number of shares of QRTEB; (ii) Qurate Retail agreed that on the terms and subject to the conditions of the Maffei Stock Exchange Agreement, Mr. Maffei, at his option (during the six-month period following the vesting of the performance-based restricted stock unit award granted to Mr. Maffei on March 10, 2021), may transfer to the Company the number of shares of QRTEA actually received by Mr. Maffei upon vesting of such performance-based restricted stock unit award in exchange for an equivalent number of newly-issued shares of QRTEB (the “Subsequent Exchange”); (iii) Mr. Maffei agreed that until December 31, 2024 (the “Cap Period”), which is also the end of the current term of his employment as set forth in the Employment Agreement, he will not, and will not authorize or permit any of his affiliates that he controls (“Controlled Affiliates”) to, acquire or agree to acquire (or announce publicly an intent to acquire) by purchase or otherwise, beneficial ownership of voting securities of the Company (or direct or indirect rights or options to acquire any such voting securities) if, after giving effect to any such acquisition of securities, the aggregate voting power of the Company’s voting securities beneficially owned by Mr. Maffei and his Controlled Affiliates would exceed 20.0% of the voting power of all of the outstanding voting securities (assuming, for purposes of this calculation that all voting securities beneficially owned by Mr. Maffei which are not outstanding are included in the calculation) (the “Cap”); and (iv) the foregoing transactions by which Mr. Maffei and certain of his related persons became an “interested stockholder” were approved for purposes of Section 203 of the General Corporation Law of the State of Delaware. The Cap is subject to certain terms and exceptions, as described in the Maffei Stock Exchange Agreement. In addition, Mr. Maffei and his Controlled Affiliates may not transfer voting securities of Qurate Retail to any other Controlled Affiliate of Mr. Maffei unless such transferee has agreed to be bound by the terms of the Maffei Stock Exchange Agreement.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2022
Stock-Based Compensation
Stock-Based Compensation	(11) Stock-Based Compensation Qurate Retail - Incentive Plans The Company has granted to certain of its directors, employees and employees of its subsidiaries, restricted stock (“RSAs”), RSUs and options to purchase shares of the Company’s common stock (collectively, "Awards"). The Company measures the cost of employee services received in exchange for an equity classified Award (such as stock options and restricted stock) based on the grant-date fair value (“GDFV”) of the Award, and recognizes that cost over the period during which the employee is required to provide service (usually the vesting period of the Award). The Company measures the cost of employee services received in exchange for a liability classified Award based on the current fair value of the Award, and remeasures the fair value of the Award at each reporting date. Pursuant to the Qurate Retail, Inc. 2020 Omnibus Incentive Plan (the “2020 Plan”), the Company may grant Awards in respect of a maximum of 30.0 million shares of Qurate Retail common stock plus the shares remaining available for Awards under the prior Qurate Retail, Inc. 2016 Omnibus Incentive Plan (the “2016 Plan”), as amended, as of close of business on May 20, 2020, the day before the effective date of the 2020 Plan. Any forfeited shares from the 2016 Plan shall also be available again under the 2020 Plan. Awards generally vest over 1 7 Qurate Retail – Grants The following table presents the number and weighted average GDFV of Awards granted by Qurate Retail during the years ended December 31, 2022, 2021 and 2020: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the Years ended December 31, ​ ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ ​ Awards Granted (000's) ​ Weighted Average GDFV ​ Awards Granted (000's) ​ Weighted Average GDFV ​ Awards Granted (000's) ​ Weighted Average GDFV ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Series A Qurate Retail common stock options, subsidiary employees (1) ​ NA ​ ​ NA ​ 974 ​ $ 6.75 ​ 4,818 ​ $ 1.96 ​ Series A Qurate Retail common stock options, Qurate Retail employees and directors (2) ​ NA ​ ​ NA ​ 63 ​ $ 6.18 ​ 747 ​ $ 4.86 ​ Series A Qurate Retail common stock options, David Rawlinson II (3) ​ NA ​ ​ NA ​ 1,185 ​ $ 5.02 ​ NA ​ ​ NA ​ Series A Qurate Retail common stock options, Qurate Retail Chairman of the Board (4) ​ NA ​ ​ NA ​ NA ​ ​ NA ​ 1,191 ​ $ 4.88 ​ Series A Qurate Retail common stock RSUs, subsidiary employees (5) ​ 17,302 ​ $ 3.82 ​ 5,670 ​ $ 12.07 ​ 9,753 ​ $ 4.73 ​ Series A Qurate Retail common stock RSUs, Qurate Retail employees and directors (6) ​ 899 ​ $ 2.72 ​ 309 ​ $ 10.30 ​ 298 ​ $ 6.55 ​ Series A Qurate Retail common stock RSUs, David Rawlinson II (7) ​ 596 ​ $ 4.91 ​ 652 ​ $ 10.50 ​ NA ​ ​ NA ​ Series A Qurate Retail common stock RSUs, Mike George (8) ​ NA ​ ​ NA ​ 1,107 ​ $ 12.86 ​ 725 ​ $ 4.44 ​ Series A Qurate Retail common stock RSUs, Qurate Retail Chairman of the Board (9) ​ NA ​ ​ NA ​ 229 ​ $ 12.90 ​ 622 ​ $ 4.62 ​ Series B Qurate Retail common stock RSUs, Qurate Retail Chairman of the Board (9) ​ 327 ​ $ 4.95 ​ 1,101 ​ $ 13.65 ​ NA ​ ​ NA ​ (1) Vests semi-annually over four years . (2) Vests between two and four years for employees and in one year for directors. (3) Vests in two equal tranches on December 31, 2023 and December 31, 2024. Grant was made in connection with Mr. Rawlinson’s employment agreement (see note 10). (4) The grant was made in connection with the Chairman’s new employment agreement and cliff vests in December 2024 (see notes 1 and 10). (5) Grants made in 2022 generally vest annually over three years . Grants made in 2021 and 2020 generally vest annually over four years . (6) Grants mainly vest one year from the month of grant, subject to the satisfaction of certain performance objectives for employees and in one year for directors. (7) Grant made in 2022 vests one year from the month of grant, subject to the satisfaction of certain performance objectives. Qurate Retail granted 509 thousand time-based RSUs and 143 thousand performance-based RSUs of QRTEA to Mr. Rawlinson in 2021. The time-based RSUs vest over three years , and the performance-based RSUs cliff vested in March 2022, subject to the satisfaction of certain performance objectives and based on an amount determined by the compensation committee. Grants were made in connection with Mr. Rawlinson’s employment agreement (see note 10). (8) Qurate Retail granted to Mr. George 684 thousand performance-based RSUs and 423 thousand time-based RSUs of QRTEA in 2021 and 725 thousand performance-based RSUs of QRTEA in 2020. The time-based RSUs mainly cliff vested on December 10, 2021, and the 2021 and 2020 performance-based RSUs granted to Mr. George cliff vested one year from the month of grant, subject to the satisfaction of certain performance objectives and based on an amount determined by the compensation committee. (9) Qurate Retail granted 327 thousand performance-based RSUs of QRTEB in 2022 and 229 thousand and 584 thousand performance-based RSUs of QRTEA in 2021 and 2020, respectively. These grants vest one year from the month of the grant, subject to the satisfaction of certain performance objectives. Grants were made in connection with our Chairman’s employment agreement. Qurate Retail also granted 1.1 million time-based RSAs of QRTEB to our Chairman in 2021 as a result of the Letter Agreement discussed in Note 10 which vest in two equal tranches on December 10, 2024 and June 3, 2026, subject to earlier vesting under certain circumstances. Qurate Retail granted 38 thousand time-based RSUs of QRTEA to our Chairman which cliff vested on December 10, 2020. This RSU grant was issued in lieu of our Chairman receiving 50% of his remaining base salary for the last three quarters of calendar year 2020, and he waived his right to receive the other 50% , in each case, in light of the ongoing financial impact of COVID-19. For awards that are performance-based, performance objectives, which are subjective, are considered in determining the timing and amount of compensation expense recognized. When the satisfaction of the performance objectives becomes probable, the Company records compensation expense. The probability of satisfying the performance objectives is assessed at the end of each reporting period. ​ During the fourth quarter of 2021 and in connection with the November Special Dividend, holders of QRTEA or QRTEB (together, “QRTEA/B”) RSAs and RSUs outstanding at the close of business on the record date received a special cash dividend in the amount of $1.25 per share for each QRTEA/B RSA or RSU so held (“November Cash Dividend”). The November Cash Dividend for RSA holders was paid upon distribution. The November Cash Dividend for RSU holders is subject to the same vesting schedules as those applicable to the corresponding original QRTEA RSUs. Also in connection with the November Special Dividend, outstanding stock options and stock appreciation rights (“SARs”) to purchase shares of QRTEA/B on the record date were adjusted pursuant to the anti-dilution provisions of the incentive plans under which the stock options and SARs were granted. The adjustment to the exercise price and the number of shares subject to the original stock option or SAR award preserved: i. the pre-November Special Dividend intrinsic value of the original QRTEA/B stock option or SAR, and ii. the pre-November Special Dividend ratio of the exercise price to the market price of the corresponding original QRTEA/B stock option or SAR. i. a special cash dividend in the amount of $1.50 per share for each QRTEA RSA and RSU so held (“Cash Dividend”), and ii. a special dividend of 0.03 shares of newly issued Preferred Stock (“QRTEP”) for each QRTEA RSA and RSU so held, with cash distributed in lieu of fractional shares (“Preferred Stock Dividend”). The Preferred Stock Dividend related to QRTEA RSAs and RSUs was issued in the form of QRTEP RSAs and RSUs, corresponding to the original grant of either RSAs or RSUs. During the fourth quarter of 2020 and in connection with the December Special Dividend, holders of QRTEA RSAs and RSUs outstanding at the close of business on the record date received a special cash dividend in the amount of $1.50 per share for each QRTEA RSA or RSU so held (“December Cash Dividend”). The December Cash Dividend for RSA holders was paid upon distribution. The December Cash Dividend for RSU holders is subject to the same vesting schedules as those applicable to the corresponding original QRTEA RSUs. Also in connection with the December Special Dividend, outstanding stock options and SARs to purchase shares of QRTEA/B on the record date were adjusted pursuant to the anti-dilution provisions of the incentive plans under which the stock options and SARs were granted. The adjustment to the exercise price and the number of shares subject to the original stock option or SAR award was calculated in the same manner as the November Special Dividend discussed above. The Company has calculated the GDFV for all of its equity classified awards using the Black-Scholes-Merton Model. The Company estimates the expected term of the Awards based on historical exercise and forfeiture data. For grants made in 2021 and 2020, the range of expected terms was 5.3 to 5.8 years. There were no options granted in 2022. The volatility used in the calculation for Awards is based on the historical volatility of the Company's stocks and the implied volatility of publicly traded Qurate Retail options. The Company uses a zero dividend rate and the risk-free rate for Treasury Bonds with a term similar to that of the subject options The following table presents the range of volatilities used by Qurate Retail in the Black-Scholes-Merton Model for the 2021 and 2020 Qurate Retail grants. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Volatility 2021 grants 53.7 % - 57.1 % 2020 grants 46.8 % - 54.8 % ​ Qurate Retail - Outstanding Awards The following table presents the number and weighted average exercise price ("WAEP") of options to purchase Qurate Retail common stock granted to certain officers, employees and directors of the Company, as well as the weighted average remaining life and aggregate intrinsic value of the options. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Qurate Retail ​ ​ Series A ​ Series B ​ ​ ​ ​ ​ ​ ​ Weighted ​ Aggregate ​ ​ ​ ​ ​ ​ Weighted ​ Aggregate ​ ​ ​ ​ ​ ​ ​ ​ average ​ intrinsic ​ ​ ​ ​ ​ ​ average ​ intrinsic ​ ​ ​ Options ​ ​ ​ ​ remaining ​ value ​ Options ​ ​ ​ ​ remaining ​ value ​ ​ (000's) WAEP life (in millions) (000's) WAEP life (in millions) Options outstanding at January 1, 2022 ​ 42,110 ​ $ 9.23 ​ ​ ​ ​ ​ ​ ​ 2,221 ​ $ 12.25 ​ ​ ​ ​ ​ ​ Granted — ​ $ — ​ ​ ​ ​ ​ ​ — ​ $ — ​ ​ ​ ​ ​ ​ ​ Exercised (420) ​ $ 2.25 ​ ​ ​ ​ ​ ​ — ​ $ — ​ ​ ​ ​ ​ ​ ​ Forfeited/Cancelled (8,776) ​ $ 11.28 ​ ​ ​ ​ ​ ​ — ​ $ — ​ ​ ​ ​ ​ ​ ​ Options outstanding at December 31, 2022 32,914 ​ $ 8.78 2.9 years ​ $ — 2,221 ​ $ 12.25 0.8 years ​ $ — ​ Options exercisable at December 31, 2022 21,561 ​ $ 10.56 2.0 years ​ $ — 2,221 ​ $ 12.25 0.8 years ​ $ — ​ ​ The following table presents the number and weighted average GDFV of RSUs granted to certain officers, employees and directors of the Company. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ Weighted ​ ​ ​ Series A ​ Average ​ Series B ​ Average ​ ​ ​ (000's) ​ GDFV ​ (000's) ​ GDFV ​ RSUs outstanding at January 1, 2022 12,905 ​ $ 9.38 ​ — ​ $ — ​ Granted 18,797 ​ $ 3.80 ​ 327 ​ $ 4.95 ​ Vested (4,475) ​ $ 9.92 ​ — ​ $ — ​ Forfeited/Cancelled (4,061) ​ $ 7.43 ​ — ​ $ — ​ RSUs outstanding at December 31, 2022 23,166 ​ $ 5.09 ​ 327 ​ $ 4.95 ​ Qurate Retail - Restricted Stock and Restricted Stock Units The Company has approximately 23.2 million, 1.4 million and 89 thousand unvested RSAs and RSUs of QRTEA, QRTEB and QRTEP, respectively, held by certain directors, officers and employees of the Company as of December 31, 2022. The QRTEA and QRTEB unvested RSAs and RSUs have a weighted average GDFV of $5.11 per share and $11.66 per share, respectively, and 78 thousand of the QRTEP unvested RSUs have an incremental cost of $50.01 per share. The aggregate fair value of all QRTEA, QRTEB and QRTEP RSAs and RSUs that vested during the years ended December 31, 2022, 2021 and 2020 was $25 million, $95 million and $17 million, respectively. Qurate Retail - Exercises The aggregate intrinsic value of all options exercised during the years ended December 31, 2022, 2021 and 2020 was $1 million, $19 million and $7 million, respectively. As of December 31, 2022, the total unrecognized compensation cost related to unvested Qurate Retail Awards was approximately $101 million. Such amount will be recognized in the Company's consolidated statements of operations over a weighted average period of approximately 1.5 years.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2022
Employee Benefit Plans.
Employee Benefit Plans	(12) Employee Benefit Plans Subsidiaries of Qurate Retail sponsor 401(k) plans, which provide their employees an opportunity to make contributions to a trust for investment in Qurate Retail common stock, as well as other mutual funds. The Company's subsidiaries make matching contributions to their plans based on a percentage of the amount contributed by employees. Employer cash contributions to all plans aggregated $29 million, $30 million and $28 million for the years ended December 31, 2022, 2021 and 2020, respectively.

Other Comprehensive Earnings (L

Other Comprehensive Earnings (Loss)	12 Months Ended
	Dec. 31, 2022
Other Comprehensive Earnings (Loss)
Other Comprehensive Earnings (Loss)	(13) Other Comprehensive Earnings (Loss) Accumulated other comprehensive earnings (loss) included in the Company’s consolidated balance sheets and consolidated statements of equity reflect the aggregate of foreign currency translation adjustments, comprehensive earnings (loss) attributable to debt credit risk adjustments and the Company's share of accumulated other comprehensive earnings of affiliates. The change in the components of accumulated other comprehensive earnings (loss), net of taxes ("AOCI"), is summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Comprehensive ​ ​ ​ ​ ​ Foreign Share of ​ Earnings (loss) ​ ​ ​ ​ ​ ​ ​ currency ​ AOCI ​ Attributable to ​ ​ ​ ​ ​ ​ translation ​ of equity ​ Debt Credit Risk ​ ​ ​ ​ ​ ​ adjustments ​ affiliates ​ Adjustments ​ Other ​ AOCI ​ ​ amounts in millions Balance at January 1, 2020 ​ $ (181) (5) 40 ​ 91 (55) ​ Other comprehensive earnings (loss) attributable to Qurate Retail, Inc. stockholders ​ 111 ​ — ​ 17 ​ (1) ​ 127 ​ Balance at December 31, 2020 ​ ​ (70) (5) 57 ​ 90 72 ​ Other comprehensive earnings (loss) attributable to Qurate Retail, Inc. stockholders ​ ​ (113) ​ — ​ (36) ​ (2) ​ (151) ​ Balance at December 31, 2021 ​ $ (183) (5) 21 ​ 88 (79) ​ Other comprehensive earnings (loss) attributable to Qurate Retail, Inc. stockholders ​ ​ (166) ​ — ​ 277 ​ (14) ​ 97 ​ Balance at December 31, 2022 ​ $ (349) (5) 298 ​ 74 18 ​ ​ The components of other comprehensive earnings (loss) are reflected in Qurate Retail's consolidated statements of comprehensive earnings (loss) net of taxes. The following table summarizes the tax effects related to each component of other comprehensive earnings (loss). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax ​ ​ Before-tax ​ (expense) ​ Net-of-tax ​ ​ amount ​ benefit ​ amount ​ ​ amounts in millions Year ended December 31, 2022: ​ ​ ​ ​ ​ ​ ​ ​ Foreign currency translation adjustments ​ $ (185) 3 (182) ​ Recognition of previously unrealized losses (gains) on debt, net ​ (18) 4 (14) ​ Comprehensive earnings (loss) attributable to debt credit risk adjustments ​ ​ 365 ​ (88) ​ 277 ​ Other comprehensive earnings (loss) ​ $ 162 (81) 81 ​ Year ended December 31, 2021: ​ ​ ​ ​ ​ ​ ​ Foreign currency translation adjustments ​ $ (124) (4) (128) ​ Recognition of previously unrealized losses (gains) on debt, net ​ ​ (3) 2 (1) ​ Comprehensive earnings (loss) attributable to debt credit risk adjustments ​ (42) ​ 6 ​ (36) ​ Other comprehensive earnings (loss) ​ $ (169) 4 (165) ​ Year ended December 31, 2020: ​ ​ ​ ​ ​ ​ ​ ​ Foreign currency translation adjustments ​ $ 115 3 118 ​ Recognition of previously unrealized losses (gains) on debt, net ​ ​ (1) — (1) ​ Comprehensive earnings (loss) attributable to debt credit risk adjustments ​ 22 ​ (5) ​ 17 ​ Other comprehensive earnings (loss) ​ $ 136 (2) 134 ​ ​

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies.
Commitments and Contingencies	(14) Commitments and Contingencies Litigation Qurate Retail has contingent liabilities related to legal and tax proceedings and other matters arising in the ordinary course of business. Although it is reasonably possible Qurate Retail may incur losses upon conclusion of such matters, an estimate of any loss or range of loss cannot be made. In the opinion of management, it is expected that amounts, if any, which may be required to satisfy such contingencies will not be material in relation to the accompanying consolidated financial statements. Fire at Rocky Mount Fulfillment Center On December 18, 2021, QVC experienced a fire at its Rocky Mount, Inc. fulfillment center in North Carolina. Rocky Mount was QVC’s second-largest fulfillment center for QxH and QVC’s primary returns center for hard goods. The building was significantly damaged as a result of the fire and related smoke and will not reopen. QVC decided not to rebuild the facility and entered into an agreement to sell the property which closed in February 2023. ​ QVC maintains property, general liability and business interruption insurance coverage. Based on provisions of QVC's insurance policies, the Company records estimated insurance recoveries for fire related costs for which recovery is deemed probable. For the year ended December 31, 2021, QVC recorded $250 million of fire related costs and estimated insurance recoveries of $229 million for which recovery was deemed probable. As of December 31, 2021, the Company received $100 million of insurance proceeds and had an insurance receivable of $129 million which was recorded in Trade and other receivables, net in the consolidated balance sheet. For the year ended December 31, 2022, the Company recorded an additional $157 million of fire related costs, including $95 million for the write-down of inventory that will not be reimbursed by QVC’s insurance policies. The fire-related costs also include $59 million for which recovery was deemed probable and $3 million of costs that will not be reimbursed by QVC’s insurance policies. For the year ended December 31, 2022, the Company received $280 million of insurance proceeds for inventory, fixed asset losses and other fire related costs and recorded a gain of $132 million in restructuring and fire related costs, net of (recoveries) in the consolidated statement of operations, representing the proceeds received in excess of cumulative losses recognized. The Company recorded an insurance receivable, net of advance proceeds received, for other fire related costs for which recovery was deemed probable of $40 million which was recorded in Trade and other receivables, net in the consolidated balance sheet as of December 31, 2022. During the year ended December 31, 2022, inventory write-downs related to Rocky Mount inventory of $95 million were included in cost of goods sold. Due to the circumstances surrounding the write-downs of inventory, these write-downs have been excluded from Adjusted OIBDA (as defined in note 15). QVC submitted its business interruption claim with the insurance company and is still in the process of negotiating the valuation of loss with its insurer; there can be no guarantee that all business interruption losses will be recovered. QVC expects to continue to record additional costs and recoveries until the insurance claim is fully settled. Project Athens On June 27, 2022, Qurate Retail announced a five-point turnaround plan designed to stabilize and differentiate its core HSN and QVC U.S. brands and expand the company's leadership in video streaming commerce (“Project Athens”). Project Athens main initiatives include: (i) improve customer experience and grow relationships; (ii) rigorously execute core processes; (iii) lower cost to serve; (iv) optimize the brand portfolio; and (v) build new high growth businesses anchored in strength. During 2022 QVC commenced the first phase of Project Athens including actions to reduce inventory and a planned workforce reduction. These initiatives are consistent with QVC’s strategy to operate more efficiently as it implements its turnaround plan. QVC recorded restructuring charges of $24 million in restructuring and fire related costs, net of (recoveries) in the consolidated statement of operations during the year ended December 31, 2022, related to workforce reduction. Zulily Restructuring In the first quarter of 2022, Zulily began to execute a series of transformation initiatives, beginning with the announcement of the closure of its fulfillment center in Bethlehem, Pennsylvania, and reduction in corporate workforce. These initiatives are consistent with Zulily’s strategy to operate more efficiently as it implements its turnaround plan, and Zulily expects to incur additional expenses related to these transformation initiatives in future periods. Zulily recorded $13 million of restructuring charges during the year ended December 31, 2022, approximately $9 million of which related to its regional office space strategy and expenses associated with the Pennsylvania facility closure, and approximately $4 million of which related to a reduction in corporate workforce. ​

Information About Qurate Retail

Information About Qurate Retail's Operating Segments	12 Months Ended
	Dec. 31, 2022
Information About Qurate Retail's Operating Segments
Information About Qurate Retail's Operating Segments	(15) Information About Qurate Retail's Operating Segments Qurate Retail, through its ownership interests in subsidiaries and other companies, is primarily engaged in the video and on-line commerce industries. Qurate Retail identifies its reportable segments as (A) those consolidated subsidiaries that represent 10% or more of its consolidated annual revenue, annual Adjusted OIBDA or total assets and (B) those equity method affiliates whose share of earnings represent 10% or more of Qurate Retail's annual pre-tax earnings. The segment presentation for prior periods has been conformed to the current period segment presentation. Qurate Retail evaluates performance and makes decisions about allocating resources to its operating segments based on financial measures such as revenue, Adjusted OIBDA, gross margin, average sales price per unit, number of units shipped and revenue or sales per customer equivalent. In addition, Qurate Retail reviews nonfinancial measures such as unique website visitors, conversion rates and active customers, as appropriate. For segment reporting purposes, Qurate Retail defines Adjusted OIBDA as revenue less cost of goods sold, operating expenses, and selling, general and administrative expenses excluding stock-based compensation and, where applicable, separately identified items impacting comparability This measure of performance excludes depreciation and amortization, stock-based compensation, and where applicable, separately identified impairments, litigation settlements, restructuring, acquisition-related costs, fire related costs, net (including Rocky Mount inventory losses) and gains on sale leaseback transactions, that are included in the measurement of operating income (loss) pursuant to GAAP. generally accounts for intersegment sales and transfers as if the sales or transfers were to third parties, that is, at current prices. For the year ended December 31, 2022, Qurate Retail has identified the following consolidated subsidiaries as its reportable segments: ● QxH– QxH markets and sells a wide variety of consumer products in the U.S., primarily by means of its televised shopping programs and via the Internet through their websites and mobile applications. ● QVC International – QVC International markets and sells a wide variety of consumer products in several foreign countries, primarily by means of its televised shopping programs and via the Internet through its international websites and mobile applications. ● CBI – CBI consists of a portfolio of aspirational home and apparel brands in the U.S. that sell merchandise through brick-and-mortar retail locations as well as via the Internet through their websites. Qurate Retail's operating segments are strategic business units that offer different products and services. They are managed separately because each segment requires different technologies, distribution channels and marketing strategies. The accounting policies of the segments that are also consolidated subsidiaries are the same as those described in the Company's summary of significant accounting policies. Performance Measures ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ ​ ​ Adjusted ​ Adjusted ​ Adjusted ​ ​ ​ Revenue ​ OIBDA ​ Revenue ​ OIBDA ​ Revenue ​ OIBDA ​ ​ ​ amounts in millions ​ QxH ​ $ 7,359 750 8,277 1,439 8,505 1,547 ​ QVC International ​ ​ 2,528 ​ 358 ​ 3,077 ​ 562 ​ 2,967 ​ 510 ​ CBI ​ ​ 1,313 ​ 78 ​ 1,238 ​ 137 ​ 1,070 ​ 94 ​ Corporate and other ​ 906 (122) 1,453 (58) 1,636 47 ​ Inter-segment eliminations ​ ​ — ​ — ​ (1) ​ — ​ (1) ​ — ​ Consolidated Qurate Retail ​ $ 12,106 1,064 14,044 2,080 14,177 2,198 ​ ​ Other Information ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ December 31, 2021 ​ ​ ​ ​ ​ ​ ​ Total ​ Capital ​ Total ​ Capital ​ ​ assets ​ expenditures ​ assets ​ expenditures ​ amounts in millions ​ QxH ​ $ 8,731 178 12,302 169 ​ QVC International ​ ​ 1,933 ​ 38 ​ 2,214 ​ 41 ​ CBI ​ ​ 558 ​ 39 ​ 485 ​ 14 ​ Corporate and other ​ 1,349 13 1,201 20 ​ Consolidated Qurate Retail ​ $ 12,571 268 16,202 244 ​ ​ The following table provides a reconciliation of consolidated segment Adjusted OIBDA to operating income and earnings (loss) from continuing operations before income taxes: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ 2022 2021 2020 ​ ​ amounts in millions Consolidated segment Adjusted OIBDA ​ $ 1,064 2,080 2,198 ​ Stock-based compensation ​ (60) (72) (64) ​ Depreciation and amortization ​ (481) (537) (562) ​ Restructuring and fire related (costs), net of recoveries ​ ​ (3) ​ (21) ​ — ​ Gains on sale leaseback transactions ​ ​ 520 ​ — ​ — ​ Impairment of intangible assets ​ ​ (3,081) ​ (363) ​ — ​ Operating income ​ ​ (2,041) 1,087 1,572 ​ Interest expense ​ (456) (468) (408) ​ Share of earnings (loss) of affiliates, net ​ (1) (94) (156) ​ Realized and unrealized gains (losses) on financial instruments, net ​ 41 99 (110) ​ Gains (losses) on transactions, net ​ — 10 224 ​ Tax sharing income (expense) with Liberty Broadband ​ ​ 79 ​ 10 ​ (39) ​ Other, net ​ 70 (6) (32) ​ Earnings (loss) from continuing operations before income taxes ​ $ (2,308) 638 1,051 ​ ​ Revenue by Geographic Area The following table summarizes net revenue generated by subsidiaries located within the identified geographic areas: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ 2022 2021 2020 ​ ​ amounts in millions United States ​ $ 9,514 10,864 11,119 ​ Japan ​ 1,017 1,167 1,132 ​ Germany ​ 813 1,027 978 ​ Other foreign countries ​ 762 986 948 ​ ​ ​ $ 12,106 14,044 14,177 ​ ​ Long-lived Assets by Geographic Area ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2022 2021 ​ ​ amounts in millions U.S. ​ $ 378 686 ​ Japan ​ 104 123 ​ Germany ​ 36 121 ​ Other foreign countries ​ 52 100 ​ ​ ​ $ 570 1,030 ​ ​

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2022
Summary of Significant Accounting Policies
Cash and Cash Equivalents	Cash and Cash Equivalents Cash equivalents consist of investments which are readily convertible into cash and have maturities of three months or less at the time of acquisition.
Trade Receivables	Trade Receivables Trade receivables are reflected net of an allowance for credit losses and sales returns. A provision for bad debts is provided as a percentage of accounts receivable based on historical experience in the period of sale and included in selling, general and administrative expense. A provision for vendor receivables are determined based on an estimate of probable expected losses and included in cost of goods sold. A summary of activity in the allowance for credit losses is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance ​ Additions ​ ​ ​ ​ Balance ​ ​ beginning ​ Charged ​ ​ ​ ​ Deductions- ​ end of ​ ​ of year ​ to expense ​ Other ​ write-offs ​ year ​ ​ amounts in millions 2022 $ 107 82 (1) (77) 111 ​ 2021 ​ $ 132 55 — (80) 107 ​ 2020 $ 129 92 — (89) 132 ​
Inventory	Inventory Inventory, consisting primarily of products held for sale, is stated at the lower of cost or market. Cost is determined by the average cost method, which approximates the first-in, first-out method. Assessments about the realizability of inventory require the Company to make judgments based on currently available information about the likely method of disposition including sales to individual customers, returns to product vendors, liquidations and the estimated recoverable values of each disposition category. Inventory is stated net of inventory obsolescence reserves of $154 million and $135 million for the years ended December 31, 2022 and 2021, respectively.
Investments	Investments All marketable equity and debt securities held by the Company are carried at fair value, generally based on quoted market prices and changes in the fair value of such securities are reported in realized and unrealized gain (losses) on financial instruments in the accompanying consolidated statements of operations. The Company elected the measurement alternative (defined as the cost of the security, adjusted for changes in fair value when there are observable prices, less impairments) for its equity securities without readily determinable fair values. The Company had no equity securities for which it elected the fair value option as of December 31, 2022 and 2021. For those investments in affiliates in which the Company has the ability to exercise significant influence, the equity method of accounting is used, except in situations where the fair value option has been selected. Under the equity method of accounting, the investment, originally recorded at cost, is adjusted to recognize the Company's share of net earnings or losses of the affiliate as they occur rather than as dividends or other distributions are received. Losses are limited to the extent of the Company's investment in, advances to and commitments for the investee. In the event the Company is unable to obtain accurate financial information from an equity affiliate in a timely manner, the Company records its share of earnings or losses of such affiliate on a lag. The Company performs a qualitative assessment annually for its equity securities without readily determinable fair values to identify whether an equity security could be impaired. When our qualitative assessment indicates that an impairment could exist, we estimate the fair value of the investment and to the extent the fair value is less than the carrying value, we record the difference as an impairment in the consolidated statements of operations.
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities All of the Company's derivatives, whether designated in hedging relationships or not, are recorded on the balance sheet at fair value. If the derivative is designated as a fair value hedge, the changes in the fair value of the derivative and of the hedged item attributable to the hedged risk are recognized in earnings. If the derivative is designated as a cash flow hedge, the effective portions of changes in the fair value of the derivative are recorded in other comprehensive earnings and are recognized in the statements of operations when the hedged item affects earnings. Ineffective portions of changes in the fair value of cash flow hedges are recognized in earnings. If the derivative is not designated as a hedge, changes in the fair value of the derivative are recognized in earnings. The Company generally enters into derivative contracts that it intends to designate as a hedge of a forecasted transaction or the variability of cash flows to be received or paid related to a recognized asset or liability (cash flow hedge). For all hedging relationships, the Company formally documents the hedging relationship and its risk management objective and strategy for undertaking the hedge, the hedging instrument, the hedged item, the nature of the risk being hedged, how the hedging instrument's effectiveness in offsetting the hedged risk will be assessed prospectively and retrospectively, and a description of the method of measuring ineffectiveness. The Company also formally assesses, both at the hedge's inception and on an ongoing basis, whether the derivatives that are used in hedging transactions are highly effective in offsetting cash flows of hedged items. Changes in the fair value of a derivative that is highly effective and that is designated and qualifies as a cash flow hedge are recorded in accumulated other comprehensive income to the extent that the derivative is effective as a hedge, until earnings are affected by the variability in cash flows of the designated hedged item. The ineffective portion of the change in fair value of a derivative instrument that qualifies as a cash flow hedge is reported in earnings.
Property and Equipment	​ ​ Property and Equipment Property and equipment consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ 2022 ​ 2021 ​ ​ ​ amounts in millions Land $ 73 116 ​ Buildings and improvements ​ 453 998 ​ Support equipment ​ 1,041 1,155 ​ Projects in progress ​ 77 55 ​ Finance lease right-of-use ("ROU") assets ​ ​ 17 ​ 277 ​ Total property and equipment ​ $ 1,661 2,601 ​ ​ Property and equipment, including significant improvements, is stated at amortized cost, less impairment losses, if any. Depreciation is computed using the straight-line method using estimated useful lives of 2 to 8 years for support equipment and 8 to 20 years for buildings and improvements. Depreciation expense for the years ended December 31, 2022, 2021 and 2020 was $158 million, $167 million and $199 million, respectively.
Intangible Assets	Intangible Assets Intangible assets with estimable useful lives are amortized over their respective estimated useful lives to their estimated residual values, and reviewed for impairment upon certain triggering events. Goodwill and other intangible assets with indefinite useful lives (collectively, "indefinite lived intangible assets") are not amortized, but instead are tested for impairment at least annually. Our annual impairment assessment of our indefinite-lived intangible assets is performed during the fourth quarter of each year. In evaluating goodwill on a qualitative basis, the Company reviews the business performance of each reporting unit and evaluates other relevant factors as identified in the relevant accounting guidance to determine whether it was more likely than not that an indicated impairment exists for any of our reporting units. A reporting unit is defined in accounting guidance in accordance with U.S. generally accepted accounting principles ("GAAP") as an operating segment or one level below an operating segment (also known as a component). A component of an operating segment is a reporting unit if the component constitutes a business for which discrete financial information is available and segment management regularly reviews the operating results of that component. The Company considers its reporting units to align with its operating segments. The Company considers whether there are any negative macroeconomic conditions, industry specific conditions, market changes, increased competition, increased costs in doing business, management challenges, the legal environments and how these factors might impact company specific performance in future periods. As part of the analysis the Company also considers fair value determinations for certain reporting units that have been made at various points throughout the current year and prior year for other purposes. If based on the qualitative analysis it is more likely than not that an impairment exists, the Company performs the quantitative impairment test. The quantitative goodwill impairment test compares the estimated fair value of a reporting unit to its carrying value. Developing estimates of fair value requires significant judgments, including making assumptions about appropriate discount rates, perpetual growth rates, relevant comparable market multiples, public trading prices and the amount and timing of expected future cash flows. The cash flows employed in Qurate Retail's valuation analyses are based on management's best estimates considering current marketplace factors and risks as well as assumptions of growth rates in future years. There is no assurance that actual results in the future will approximate these forecasts. The accounting guidance also permits entities to first perform a qualitative assessment to determine whether it is more likely than not that an indefinite-lived intangible asset, other than goodwill, is impaired. The accounting guidance also allows entities the option to bypass the qualitative assessment for any indefinite-lived intangible asset in any period and proceed directly to the quantitative impairment test. The entity may resume performing the qualitative assessment in any subsequent period. If the qualitative assessment supports that it is more likely than not that the carrying value of the Company’s indefinite-lived intangible assets, other than goodwill, exceeds its fair value, then a quantitative assessment is performed. If the carrying value of an indefinite-lived intangible asset exceeds its fair value, an impairment loss is recognized in an amount equal to that excess.
Impairment of Long-lived Assets	Impairment of Long-lived Assets The Company periodically reviews the carrying amounts of its property and equipment and its intangible assets (other than goodwill and indefinite-lived intangible assets) to determine whether current events or circumstances indicate that such carrying amounts may not be recoverable. If the carrying amount of the asset group is greater than the expected undiscounted cash flows to be generated by such asset group, including its ultimate disposition, an impairment adjustment is to be recognized. Such adjustment is measured by the amount that the carrying value of such asset groups exceeds their fair value. The Company generally measures fair value by considering sale prices for similar asset groups or by discounting estimated future cash flows using an appropriate discount rate. Considerable management judgment is necessary to estimate the fair value of asset groups. Accordingly, actual results could vary significantly from such estimates. Asset groups to be disposed of are carried at the lower of their financial statement carrying amount or fair value less costs to sell.
Noncontrolling Interests	Noncontrolling Interests The Company reports noncontrolling interests of subsidiaries within equity in the balance sheet and the amount of consolidated net income attributable to the parent and to the noncontrolling interest is presented in the statements of operations. Also, changes in ownership interests in subsidiaries in which the Company maintains a controlling interest are recorded in equity.
Foreign Currency Translation	Foreign Currency Translation The functional currency of the Company is the U.S. Dollar. The functional currency of the Company's foreign operations generally is the applicable local currency for each foreign subsidiary. Assets and liabilities of foreign subsidiaries are translated at the spot rate in effect at the applicable reporting date, and the consolidated statements of operations are translated at the average exchange rates in effect during the applicable period. The resulting unrealized cumulative translation adjustment, net of applicable income taxes, is recorded as a component of accumulated other comprehensive earnings in stockholders' equity. Transactions denominated in currencies other than the functional currency are recorded based on exchange rates at the time such transactions arise. Subsequent changes in exchange rates result in transaction gains and losses which are reflected in the accompanying consolidated statements of operations and comprehensive earnings (loss) as unrealized (based on the applicable period-end exchange rate) or realized upon settlement of the transactions. These realized and unrealized gains and losses are reported in the Other, net line item in the consolidated statements of operations.
Revenue Recognition	Revenue Recognition Disaggregated revenue by segment and product category consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2022 ​ ​ ​ QxH ​ QVC Int'l ​ CBI ​ Corp and other ​ Total ​ ​ amounts in millions ​ Home $ 2,866 ​ 998 ​ 1,112 ​ 241 ​ 5,217 ​ Apparel ​ 1,243 ​ 445 ​ 201 ​ 351 ​ 2,240 ​ Beauty ​ 1,108 ​ 579 ​ — ​ 42 ​ 1,729 ​ Accessories ​ 867 ​ 217 ​ — ​ 210 ​ 1,294 ​ Electronics ​ 775 ​ 92 ​ — ​ 7 ​ 874 ​ Jewelry ​ 311 ​ 185 ​ — ​ 32 ​ 528 ​ Other revenue ​ 189 ​ 12 ​ — ​ 23 ​ 224 ​ Total Revenue $ 7,359 ​ 2,528 ​ 1,313 ​ 906 ​ 12,106 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2021 ​ ​ ​ QxH ​ QVC Int'l ​ CBI ​ Corp and other ​ Total ​ ​ amounts in millions ​ Home $ 3,278 ​ 1,237 ​ 1,038 ​ 440 ​ 5,993 ​ Apparel ​ 1,291 ​ 492 ​ 199 ​ 559 ​ 2,541 ​ Beauty ​ 1,223 ​ 723 ​ — ​ 66 ​ 2,012 ​ Accessories ​ 980 ​ 265 ​ — ​ 295 ​ 1,540 ​ Electronics ​ 964 ​ 119 ​ — ​ 13 ​ 1,096 ​ Jewelry ​ 359 ​ 228 ​ — ​ 50 ​ 637 ​ Other revenue ​ 182 ​ 13 ​ 1 ​ 29 ​ 225 ​ Total Revenue $ 8,277 ​ 3,077 ​ 1,238 ​ 1,452 ​ 14,044 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2020 ​ ​ ​ QxH ​ QVC Int'l ​ CBI ​ Corp and other ​ Total ​ ​ amounts in millions ​ Home $ 3,529 ​ 1,199 ​ 903 ​ 490 ​ 6,121 ​ Beauty ​ 1,261 ​ 724 ​ — ​ 73 ​ 2,058 ​ Apparel ​ 1,170 ​ 437 ​ 167 ​ 583 ​ 2,357 ​ Accessories ​ 944 ​ 260 ​ — ​ 394 ​ 1,598 ​ Electronics ​ 1,069 ​ 122 ​ — ​ 17 ​ 1,208 ​ Jewelry ​ 363 ​ 216 ​ — ​ 51 ​ 630 ​ Other revenue ​ 169 ​ 9 ​ — ​ 27 ​ 205 ​ Total Revenue $ 8,505 ​ 2,967 ​ 1,070 ​ 1,635 ​ 14,177 ​ ​ Consumer Product Revenue and Other Revenue. Qurate Retail's revenue includes sales of consumer products in the following categories: home, beauty, apparel, accessories, electronics and jewelry, which are primarily sold through live merchandise-focused televised shopping programs and via our websites and other interactive media, including catalogs. Other revenue consists primarily of income generated from our company branded credit cards in which a large consumer financial services company provides revolving credit directly to the Company’s customers for the sole purpose of purchasing merchandise or services with these cards. In return, the Company receives a portion of the net economics of the credit card program. Revenue Recognition. Revenue is recognized when obligations with our customers are satisfied; generally this occurs at the time of shipment to our customers consistent with when control of the shipped product passes. The recognized revenue reflects the consideration we expect to receive in exchange for transferring goods, net of allowances for returns. ​ The Company recognizes revenue related to its company branded credit cards over time as the credit cards are used by Qurate Retail's customers. Sales, value add, use and other taxes we collect concurrent with revenue-producing activities are excluded from revenue. The Company has elected to treat shipping and handling activities that occur after the customer obtains control of the goods as a fulfillment cost and not as a promised good or service. Accordingly, the Company accrues the related shipping costs and recognizes revenue upon delivery of goods to the shipping carrier. In electing this accounting policy, all shipping and handling activities are treated as fulfillment costs. The Company generally has payment terms with its customers of one year or less and has elected the practical expedient applicable to such contracts not to consider the time value of money. Significant Judgments. Qurate Retail’s products are generally sold with a right of return and we may provide other credits or incentives, which are accounted for as variable consideration when estimating the amount of revenue to recognize. Returns and credits are estimated at contract inception and updated at the end of each reporting period as additional information becomes available. The Company has determined that it is the principal in vendor arrangements as the Company can establish control over the goods prior to shipment. Accordingly, the Company records revenue for these arrangements on a gross basis. ​ An allowance for returned merchandise is provided as a percentage of sales based on historical experience. Sales tax collected from customers on retail sales is recorded on a net basis and is not included in revenue. A summary of activity in the allowance for sales returns, is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance beginning of year ​ Additions - charged to earnings ​ Deductions ​ Balance end of year ​ ​ amounts in millions 2022 $ 274 ​ 1,917 ​ (1,976) ​ 215 2021 $ 300 ​ 2,145 ​ (2,171) ​ 274 2020 $ 261 ​ 2,188 ​ (2,149) ​ 300 ​
Cost of Retail Sales	Cost of Retail Sales Cost of retail sales sold primarily includes actual product cost, provision for obsolete inventory, buying allowances received from suppliers, shipping and handling costs and warehouse costs.
Advertising Costs	Advertising Costs ​ Advertising costs generally are expensed as incurred. Advertising expense aggregated $548 million, $560 million and $440 million for the years ended December 31, 2022, 2021 and 2020, respectively. Advertising costs are reflected in the selling, general and administrative (“SG&A”), including stock-based compensation line item in our consolidated statements of operations.
Stock-Based Compensation	Stock-Based Compensation As more fully described in note 11, the Company has granted to its directors, employees and employees of its subsidiaries options, restricted stock and stock appreciation rights relating to shares of Qurate Retail and/or Liberty Ventures common stock ("Qurate Retail common stock") (collectively, "Awards"). The Company measures the cost of employee services received in exchange for an Award of equity instruments (such as stock options and restricted stock) based on the grant-date fair value (“GDFV”) of the Award, and recognizes that cost over the period during which the employee is required to provide service (usually the vesting period of the Award). The Company measures the cost of employee services received in exchange for an Award of liability instruments (such as stock appreciation rights that will be settled in cash) based on the current fair value of the Award, and remeasures the fair value of the Award at each reporting date. Stock compensation expense, which was included in SG&A expense in the accompanying consolidated statements of operations, was $60 million, $72 million and $64 million for the years ended December 31, 2022, 2021 and 2020, respectively.
Income Taxes	Income Taxes The Company accounts for income taxes using the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying value amounts and income tax bases of assets and liabilities and the expected benefits of utilizing net operating loss and tax credit carryforwards. The deferred tax assets and liabilities are calculated using enacted tax rates in effect for each taxing jurisdiction in which the Company operates for the year in which those temporary differences are expected to be recovered or settled. Net deferred tax assets are then reduced by a valuation allowance if the Company believes it more likely than not such net deferred tax assets will not be realized. The effect on deferred tax assets and liabilities of an enacted change in tax rates is recognized in income in the period that includes the enactment date. When the tax law requires interest to be paid on an underpayment of income taxes, the Company recognizes interest expense from the first period the interest would begin accruing according to the relevant tax law. Such interest expense is included in interest expense in the accompanying consolidated statements of operations. Any accrual of penalties related to underpayment of income taxes on uncertain tax positions is included in other income (expense) in the accompanying consolidated statements of operations.
Leases	Leases ​
Earnings (Loss) Attributable to Qurate Retail Stockholders and Earnings (Loss) Per Common Share	Earnings (Loss) Attributable to Qurate Retail Stockholders and Earnings (Loss) Per Common Share Basic earnings (loss) per common share ("EPS") is computed by dividing net earnings (loss) by the weighted average number of common shares outstanding (“WASO”) for the period. Diluted EPS presents the dilutive effect on a per share basis of potential common shares as if they had been converted at the beginning of the periods presented. Series A and Series B Qurate Retail Common Stock EPS for all periods through December 31, 2022, is based on the following WASO. Excluded from diluted EPS for the years ended December 31, 2022, 2021 and 2020 are approximately 33 million, 24 million and 28 million potentially dilutive common shares, respectively, because their inclusion would be antidilutive. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 2021 2020 ​ ​ ​ number of shares in millions Basic WASO ​ ​ 380 ​ 403 ​ 416 ​ Potentially dilutive shares ​ ​ 3 ​ 12 ​ 5 ​ Diluted WASO ​ ​ 383 ​ 415 ​ 421 ​
Reclasses and adjustments	Reclasses and adjustments Certain prior period amounts have been reclassified for comparability with the current year presentation. As a result of repurchases of Series A Qurate Retail common stock, the Company’s additional paid-in capital balance was in a deficit position in certain quarterly periods during the years ended December 31, 2021 and 2020. In order to maintain a zero balance in the additional paid-in capital account, we reclassified the amount of the deficit at December 31, 2021 and 2020 to retained earnings.
Estimates	Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Qurate Retail considers (i) fair value measurements of non-financial instruments, (ii) accounting for income taxes and (iii) estimates of retail-related adjustments and allowances to be its most significant estimates.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2022
Summary of Significant Accounting Policies
Summary of activity in the allowance for credit losses	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance ​ Additions ​ ​ ​ ​ Balance ​ ​ beginning ​ Charged ​ ​ ​ ​ Deductions- ​ end of ​ ​ of year ​ to expense ​ Other ​ write-offs ​ year ​ ​ amounts in millions 2022 $ 107 82 (1) (77) 111 ​ 2021 ​ $ 132 55 — (80) 107 ​ 2020 $ 129 92 — (89) 132 ​
Schedule of Property and Equipment	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ 2022 ​ 2021 ​ ​ ​ amounts in millions Land $ 73 116 ​ Buildings and improvements ​ 453 998 ​ Support equipment ​ 1,041 1,155 ​ Projects in progress ​ 77 55 ​ Finance lease right-of-use ("ROU") assets ​ ​ 17 ​ 277 ​ Total property and equipment ​ $ 1,661 2,601 ​
Schedule of disaggregation of revenue	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2022 ​ ​ ​ QxH ​ QVC Int'l ​ CBI ​ Corp and other ​ Total ​ ​ amounts in millions ​ Home $ 2,866 ​ 998 ​ 1,112 ​ 241 ​ 5,217 ​ Apparel ​ 1,243 ​ 445 ​ 201 ​ 351 ​ 2,240 ​ Beauty ​ 1,108 ​ 579 ​ — ​ 42 ​ 1,729 ​ Accessories ​ 867 ​ 217 ​ — ​ 210 ​ 1,294 ​ Electronics ​ 775 ​ 92 ​ — ​ 7 ​ 874 ​ Jewelry ​ 311 ​ 185 ​ — ​ 32 ​ 528 ​ Other revenue ​ 189 ​ 12 ​ — ​ 23 ​ 224 ​ Total Revenue $ 7,359 ​ 2,528 ​ 1,313 ​ 906 ​ 12,106 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2021 ​ ​ ​ QxH ​ QVC Int'l ​ CBI ​ Corp and other ​ Total ​ ​ amounts in millions ​ Home $ 3,278 ​ 1,237 ​ 1,038 ​ 440 ​ 5,993 ​ Apparel ​ 1,291 ​ 492 ​ 199 ​ 559 ​ 2,541 ​ Beauty ​ 1,223 ​ 723 ​ — ​ 66 ​ 2,012 ​ Accessories ​ 980 ​ 265 ​ — ​ 295 ​ 1,540 ​ Electronics ​ 964 ​ 119 ​ — ​ 13 ​ 1,096 ​ Jewelry ​ 359 ​ 228 ​ — ​ 50 ​ 637 ​ Other revenue ​ 182 ​ 13 ​ 1 ​ 29 ​ 225 ​ Total Revenue $ 8,277 ​ 3,077 ​ 1,238 ​ 1,452 ​ 14,044 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year ended December 31, 2020 ​ ​ ​ QxH ​ QVC Int'l ​ CBI ​ Corp and other ​ Total ​ ​ amounts in millions ​ Home $ 3,529 ​ 1,199 ​ 903 ​ 490 ​ 6,121 ​ Beauty ​ 1,261 ​ 724 ​ — ​ 73 ​ 2,058 ​ Apparel ​ 1,170 ​ 437 ​ 167 ​ 583 ​ 2,357 ​ Accessories ​ 944 ​ 260 ​ — ​ 394 ​ 1,598 ​ Electronics ​ 1,069 ​ 122 ​ — ​ 17 ​ 1,208 ​ Jewelry ​ 363 ​ 216 ​ — ​ 51 ​ 630 ​ Other revenue ​ 169 ​ 9 ​ — ​ 27 ​ 205 ​ Total Revenue $ 8,505 ​ 2,967 ​ 1,070 ​ 1,635 ​ 14,177 ​ ​
Summary of activity in allowance for sales returns	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance beginning of year ​ Additions - charged to earnings ​ Deductions ​ Balance end of year ​ ​ amounts in millions 2022 $ 274 ​ 1,917 ​ (1,976) ​ 215 2021 $ 300 ​ 2,145 ​ (2,171) ​ 274 2020 $ 261 ​ 2,188 ​ (2,149) ​ 300 ​
Schedule of WASO	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 2021 2020 ​ ​ ​ number of shares in millions Basic WASO ​ ​ 380 ​ 403 ​ 416 ​ Potentially dilutive shares ​ ​ 3 ​ 12 ​ 5 ​ Diluted WASO ​ ​ 383 ​ 415 ​ 421 ​

Supplemental Disclosures to C_2

Supplemental Disclosures to Consolidated Statements of Cash Flows (Tables)	12 Months Ended
	Dec. 31, 2022
Supplemental Disclosures to Consolidated Statements of Cash Flows
Schedule of Supplemental Disclosures to Consolidated Statements of Cash Flows	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ amounts in millions Cash paid for interest ​ $ 447 458 392 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash paid for income taxes, net ​ $ 284 29 116 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of cash, cash equivalents and restricted cash	​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ ​ 2022 ​ 2021 ​ ​ ​ amounts in millions ​ Cash and cash equivalents $ 1,275 ​ 587 ​ Restricted cash included in other current assets ​ 10 ​ 9 ​ Total cash, cash equivalents and restricted cash in the consolidated statement of cash flows $ 1,285 ​ 596 ​

Assets and Liabilities Measur_2

Assets and Liabilities Measured at Fair Value (Tables)	12 Months Ended
	Dec. 31, 2022
Assets and Liabilities Measured at Fair Value
Schedule of assets and liabilities measured at fair value	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ December 31, 2021 ​ ​ ​ ​ ​ Quoted prices ​ ​ ​ ​ ​ Quoted prices ​ ​ ​ ​ ​ ​ ​ in active ​ Significant ​ ​ ​ in active ​ Significant ​ ​ ​ ​ ​ markets ​ other ​ ​ ​ markets ​ other ​ ​ ​ ​ ​ for identical ​ observable ​ ​ ​ for identical ​ observable ​ ​ ​ ​ ​ assets ​ inputs ​ ​ ​ assets ​ inputs Description ​ Total ​ (Level 1) ​ (Level 2) ​ Total ​ (Level 1) ​ (Level 2) ​ ​ amounts in millions Cash equivalents $ 938 938 — 149 149 — ​ Indemnification asset ​ $ 50 ​ — ​ 50 ​ 324 ​ — ​ 324 ​ Debt ​ $ 614 — 614 1,315 — 1,315 ​
Summary of realized and unrealized gains (losses) on financial instruments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ 2022 2021 2020 ​ ​ amounts in millions Equity securities ​ $ 13 77 (1) ​ Exchangeable senior debentures ​ 310 (130) (277) ​ Indemnification asset ​ ​ (273) ​ (21) ​ 143 ​ Other financial instruments ​ (9) 173 25 ​ ​ ​ $ 41 99 (110) ​ ​

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2022
Goodwill and Other Intangible Assets
Schedule of changes in the carrying amount of goodwill	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ QxH ​ QVC International ​ CBI ​ Corporate and Other Total ​ ​ amounts in millions Balance at January 1, 2021 ​ $ 5,228 ​ 921 ​ 12 ​ 477 ​ 6,638 ​ Foreign currency translation adjustments ​ ​ — ​ (66) ​ — ​ — ​ (66) ​ Impairments ​ ​ — ​ — ​ — ​ (233) ​ (233) ​ Balance at December 31, 2021 ​ ​ 5,228 ​ 855 ​ 12 ​ 244 ​ 6,339 ​ Foreign currency translation adjustments ​ ​ — ​ (77) ​ — ​ — ​ (77) ​ Impairments ​ ​ (2,535) ​ — ​ — ​ (226) ​ (2,761) ​ Balance at December 31, 2022 ​ $ 2,693 ​ 778 ​ 12 ​ 18 ​ 3,501 ​ ​
Schedule of Intangible assets subject to amortization	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ December 31, 2021 ​ Gross Net Gross Net ​ ​ carrying ​ Accumulated ​ carrying ​ carrying ​ Accumulated ​ carrying ​ ​ amount ​ amortization ​ amount ​ amount ​ amortization ​ amount ​ ​ amounts in millions Television distribution rights ​ $ 664 (592) 72 818 (673) 145 ​ Customer relationships ​ 3,307 (3,120) 187 3,321 (3,087) 234 ​ Other ​ 1,473 (1,120) 353 1,443 (1,077) 366 ​ Total ​ $ 5,444 (4,832) 612 5,582 (4,837) 745 ​ ​
Schedule of amortization expense for the next five years	Based on its amortizable intangible assets as of December 31, 2022, Qurate Retail expects that amortization expense will be as follows for the next five years (amounts in millions): ​ ​ ​ ​ ​ ​ 2023 $ 274 ​ 2024 ​ $ 184 ​ 2025 ​ $ 97 ​ 2026 ​ $ 51 ​ 2027 ​ $ 3 ​ ​

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2022
Debt
Schedule of debt summarized	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding ​ ​ ​ ​ ​ ​ principal Carrying value ​ ​ ​ December 31, ​ December 31, ​ December 31, ​ ​ ​ 2022 ​ 2022 ​ 2021 ​ ​ ​ amounts in millions ​ Corporate level debentures ​ ​ ​ ​ ​ ​ ​ ​ 8.5% Senior Debentures due 2029 ​ $ 287 286 286 ​ 8.25% Senior Debentures due 2030 ​ 505 503 503 ​ 4% Exchangeable Senior Debentures due 2029 ​ ​ 354 134 328 ​ 3.75% Exchangeable Senior Debentures due 2030 ​ 430 157 347 ​ 1.75% Exchangeable Senior Debentures due 2046 ​ ​ 330 ​ 323 ​ 640 ​ Subsidiary level notes and facilities ​ ​ ​ ​ ​ ​ ​ ​ QVC 4.375% Senior Secured Notes due 2023 ​ 214 214 750 ​ QVC 4.85% Senior Secured Notes due 2024 ​ ​ 600 ​ 600 ​ 600 ​ QVC 4.45% Senior Secured Notes due 2025 ​ ​ 600 ​ 599 ​ 599 ​ QVC 4.75% Senior Secured Notes due 2027 ​ ​ 575 ​ 575 ​ 575 ​ QVC 4.375% Senior Secured Notes due 2028 ​ ​ 500 ​ 500 ​ 500 ​ QVC 5.45% Senior Secured Notes due 2034 ​ ​ 400 ​ 399 ​ 399 ​ QVC 5.95% Senior Secured Notes due 2043 ​ 300 300 300 ​ QVC 6.375% Senior Secured Notes due 2067 ​ ​ 225 ​ 225 ​ 225 ​ QVC 6.25% Senior Secured Notes due 2068 ​ ​ 500 ​ 500 ​ 500 ​ QVC Bank Credit Facilities ​ 1,075 1,075 481 ​ Deferred loan costs ​ ​ — ​ (37) ​ (44) ​ Total consolidated Qurate Retail debt ​ $ 6,895 6,353 6,989 ​ Less debt classified as current ​ ​ ​ (828) (1,315) ​ Total long-term debt ​ ​ ​ $ 5,525 5,674 ​ ​
Schedule of Five Year Maturities	The annual principal maturities of Qurate Retail's debt, based on stated maturity dates, for each of the next five years is as follows (amounts in millions): ​ ​ ​ ​ ​ ​ 2023 $ 216 ​ 2024 ​ $ 603 ​ 2025 ​ $ 603 ​ 2026 ​ $ 1,078 ​ 2027 ​ $ 578 ​
Schedule of fair value of debt securities that are not reported at fair value condensed consolidated balance sheet	The fair value, based on quoted prices of instruments not considered to be active markets, of Qurate Retail's publicly traded debt securities that are not reported at fair value in the accompanying consolidated balance sheets is as follows (amounts in millions): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2022 2021 Senior debentures ​ $ 377 871 ​ QVC senior secured notes ​ $ 2,676 4,595 ​

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2022
Leases
Schedule of components of lease expenses	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ amounts in millions ​ Operating lease cost (1) $ 127 ​ 96 ​ 87 ​ Finance lease cost ​ ​ ​ ​ ​ ​ ​ Depreciation of leased assets $ 5 ​ 19 ​ 19 ​ Interest on lease liabilities ​ 3 ​ 8 ​ 8 ​ Total finance lease cost $ 8 ​ 27 ​ 27 ​ (1) Included within operating lease costs were short-term lease costs and variable lease costs, which were not material to the financial statements.
Schedule of remaining weighted-average lease term and weighted-average discount rate	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ ​ 2022 ​ 2021 ​ 2020 ​ Weighted-average remaining lease term (years): ​ ​ ​ ​ ​ ​ ​ Finance leases ​ 1.9 ​ 7.7 ​ 8.5 ​ Operating leases ​ 9.6 ​ 8.3 ​ 8.5 ​ Weighted-average discount rate: ​ ​ ​ ​ ​ ​ ​ Finance leases ​ 2.1% ​ 5.2% ​ 5.1% ​ Operating leases ​ 10.2% ​ 5.1% ​ 5.1% ​
Schedule of supplemental balance sheet and cash flow information related to leases	​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ 2022 ​ 2021 ​ ​ amounts in millions ​ Operating leases: ​ ​ ​ ​ ​ Operating lease ROU assets $ 585 ​ 351 ​ ​ ​ ​ ​ ​ ​ Current operating lease liabilities (1) $ 76 ​ 64 ​ Operating lease liabilities ​ 518 ​ 303 ​ Total operating lease liabilities $ 594 ​ 367 ​ ​ ​ ​ ​ ​ ​ Finance Leases: ​ ​ ​ ​ ​ Finance lease ROU assets (3) $ 17 ​ 277 ​ Finance lease ROU asset accumulated depreciation (3) ​ (13) ​ (151) ​ Finance lease ROU assets, net $ 4 ​ 126 ​ Current finance lease liabilities (1) $ 2 ​ 20 ​ Finance lease liabilities (2) ​ 2 ​ 137 ​ Total finance lease liabilities $ 4 ​ 157 ​ (1) Included within the Other current liabilities line item on the consolidated balance sheets. (2) Included within the Other liabilities line item on the consolidated balance sheets. (3) Included within the Property and equipment line item on the consolidated balance sheets. Supplemental cash flow information related to leases was as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ in millions ​ Cash paid for amounts included in the measurement of lease liabilities: ​ ​ ​ ​ ​ ​ ​ Operating cash outflows from operating leases $ 108 ​ 82 ​ 86 ​ Operating cash outflows from finance leases $ 3 ​ 8 ​ 8 ​ Financing cash outflows from finance leases $ 6 ​ 18 ​ 18 ​ ROU assets obtained in exchange for lease obligations: ​ ​ ​ ​ ​ ​ ​ Operating leases $ 306 ​ 49 ​ 35 ​ Finance leases $ — ​ 11 ​ — ​
Summary of future lease payments under finance lease	​ ​ ​ ​ ​ ​ ​ ​ Finance Leases ​ Operating Leases ​ ​ amounts in millions ​ 2023 $ 3 ​ 125 ​ 2024 ​ 1 ​ 106 ​ 2025 ​ — ​ 89 ​ 2026 ​ — ​ 75 ​ 2027 ​ — ​ 65 ​ Thereafter ​ — ​ 614 ​ Total lease payments $ 4 ​ 1,074 ​ Less: imputed interest ​ — ​ 480 ​ Total lease liabilities $ 4 ​ 594 ​ ​
Summary of future lease payments under operating lease	​ ​ ​ ​ ​ ​ ​ ​ Finance Leases ​ Operating Leases ​ ​ amounts in millions ​ 2023 $ 3 ​ 125 ​ 2024 ​ 1 ​ 106 ​ 2025 ​ — ​ 89 ​ 2026 ​ — ​ 75 ​ 2027 ​ — ​ 65 ​ Thereafter ​ — ​ 614 ​ Total lease payments $ 4 ​ 1,074 ​ Less: imputed interest ​ — ​ 480 ​ Total lease liabilities $ 4 ​ 594 ​

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Income Taxes
Schedule of Components of Income Tax (Expense) Benefit	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ 2022 2021 2020 ​ ​ amounts in millions Current: ​ ​ ​ ​ ​ ​ ​ ​ Federal ​ $ (99) (49) 8 ​ State and local ​ (29) (55) (48) ​ Foreign ​ (84) (117) (105) ​ ​ ​ ​ (212) (221) (145) ​ Deferred: ​ ​ ​ ​ ​ ​ ​ ​ Federal ​ ​ (4) (24) 312 ​ State and local ​ (27) 26 26 ​ Foreign ​ 19 2 10 ​ ​ ​ (12) 4 348 ​ Income tax benefit (expense) ​ $ (224) (217) 203 ​ ​
Summary of Domestic and Foreign Earnings (Losses) from Continuing Operations before Income Taxes	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ 2022 2021 2020 ​ ​ amounts in millions Domestic ​ $ (2,530) 262 735 ​ Foreign ​ 222 376 316 ​ Total ​ $ (2,308) 638 1,051 ​ ​
Schedule of Effective Income Tax Rate Reconciliation	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ 2022 2021 2020 ​ ​ amounts in millions Computed expected tax benefit (expense) ​ $ 485 (134) (221) ​ State and local income taxes, net of federal income taxes ​ (35) (20) (45) ​ Tax on foreign earnings, net of federal tax benefits ​ (15) (113) 47 ​ Alternative energy tax credits and incentives ​ — 125 139 ​ Change in valuation allowance affecting tax expense ​ — — (59) ​ Change in tax rate ​ ​ (8) ​ — ​ (15) ​ Corporate realignment ​ ​ — ​ — ​ 352 ​ Non-deductible equity distribution ​ ​ (41) ​ — ​ — ​ Impairment of intangible assets ​ ​ (580) ​ (49) ​ — ​ Non-deductible interest on Preferred Stock to non-employee ​ ​ (21) ​ (21) ​ (6) ​ Other, net ​ (9) (5) 11 ​ Income tax benefit (expense) ​ $ (224) (217) 203 ​ ​
Schedule of Deferred Tax Assets and Liabilities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2022 2021 ​ ​ amounts in millions Deferred tax assets: ​ ​ ​ ​ ​ ​ Tax losses and credit carryforwards ​ $ 246 240 ​ Foreign tax credit carryforwards ​ 93 95 ​ Accrued stock compensation ​ 15 15 ​ Operating lease liability ​ ​ 104 ​ 71 ​ Other accrued liabilities ​ 59 ​ 63 ​ Prepaid royalty ​ ​ 70 ​ 94 ​ Other ​ 150 131 ​ Deferred tax assets ​ 737 709 ​ Valuation allowance ​ (264) (264) ​ Net deferred tax assets ​ 473 445 ​ ​ ​ ​ ​ ​ ​ ​ Deferred tax liabilities: ​ ​ ​ ​ ​ ​ Intangible assets ​ 675 758 ​ Fixed assets ​ ​ 106 ​ 142 ​ Discount on exchangeable debentures ​ 970 768 ​ Other ​ 131 94 ​ Deferred tax liabilities ​ 1,882 1,762 ​ Net deferred tax liabilities ​ $ 1,409 1,317 ​
Schedule of Reconciliation of Unrecognized Tax Benefits	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 2021 2020 ​ ​ ​ amounts in millions ​ Balance at beginning of year ​ $ 88 83 ​ 75 ​ Additions based on tax positions related to the current year ​ 8 9 ​ 7 ​ Additions for tax positions of prior years ​ 12 1 ​ 7 ​ Reductions for tax positions of prior years ​ (2) (1) ​ (1) ​ Lapse of statute and settlements ​ (9) (4) ​ (5) ​ Balance at end of year ​ $ 97 88 ​ 83 ​

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2022
Stock-Based Compensation
Schedule of number and weighted average GDFV of awards granted	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the Years ended December 31, ​ ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ ​ Awards Granted (000's) ​ Weighted Average GDFV ​ Awards Granted (000's) ​ Weighted Average GDFV ​ Awards Granted (000's) ​ Weighted Average GDFV ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Series A Qurate Retail common stock options, subsidiary employees (1) ​ NA ​ ​ NA ​ 974 ​ $ 6.75 ​ 4,818 ​ $ 1.96 ​ Series A Qurate Retail common stock options, Qurate Retail employees and directors (2) ​ NA ​ ​ NA ​ 63 ​ $ 6.18 ​ 747 ​ $ 4.86 ​ Series A Qurate Retail common stock options, David Rawlinson II (3) ​ NA ​ ​ NA ​ 1,185 ​ $ 5.02 ​ NA ​ ​ NA ​ Series A Qurate Retail common stock options, Qurate Retail Chairman of the Board (4) ​ NA ​ ​ NA ​ NA ​ ​ NA ​ 1,191 ​ $ 4.88 ​ Series A Qurate Retail common stock RSUs, subsidiary employees (5) ​ 17,302 ​ $ 3.82 ​ 5,670 ​ $ 12.07 ​ 9,753 ​ $ 4.73 ​ Series A Qurate Retail common stock RSUs, Qurate Retail employees and directors (6) ​ 899 ​ $ 2.72 ​ 309 ​ $ 10.30 ​ 298 ​ $ 6.55 ​ Series A Qurate Retail common stock RSUs, David Rawlinson II (7) ​ 596 ​ $ 4.91 ​ 652 ​ $ 10.50 ​ NA ​ ​ NA ​ Series A Qurate Retail common stock RSUs, Mike George (8) ​ NA ​ ​ NA ​ 1,107 ​ $ 12.86 ​ 725 ​ $ 4.44 ​ Series A Qurate Retail common stock RSUs, Qurate Retail Chairman of the Board (9) ​ NA ​ ​ NA ​ 229 ​ $ 12.90 ​ 622 ​ $ 4.62 ​ Series B Qurate Retail common stock RSUs, Qurate Retail Chairman of the Board (9) ​ 327 ​ $ 4.95 ​ 1,101 ​ $ 13.65 ​ NA ​ ​ NA ​ (1) Vests semi-annually over four years . (2) Vests between two and four years for employees and in one year for directors. (3) Vests in two equal tranches on December 31, 2023 and December 31, 2024. Grant was made in connection with Mr. Rawlinson’s employment agreement (see note 10). (4) The grant was made in connection with the Chairman’s new employment agreement and cliff vests in December 2024 (see notes 1 and 10). (5) Grants made in 2022 generally vest annually over three years . Grants made in 2021 and 2020 generally vest annually over four years . (6) Grants mainly vest one year from the month of grant, subject to the satisfaction of certain performance objectives for employees and in one year for directors. (7) Grant made in 2022 vests one year from the month of grant, subject to the satisfaction of certain performance objectives. Qurate Retail granted 509 thousand time-based RSUs and 143 thousand performance-based RSUs of QRTEA to Mr. Rawlinson in 2021. The time-based RSUs vest over three years , and the performance-based RSUs cliff vested in March 2022, subject to the satisfaction of certain performance objectives and based on an amount determined by the compensation committee. Grants were made in connection with Mr. Rawlinson’s employment agreement (see note 10). (8) Qurate Retail granted to Mr. George 684 thousand performance-based RSUs and 423 thousand time-based RSUs of QRTEA in 2021 and 725 thousand performance-based RSUs of QRTEA in 2020. The time-based RSUs mainly cliff vested on December 10, 2021, and the 2021 and 2020 performance-based RSUs granted to Mr. George cliff vested one year from the month of grant, subject to the satisfaction of certain performance objectives and based on an amount determined by the compensation committee. (9) Qurate Retail granted 327 thousand performance-based RSUs of QRTEB in 2022 and 229 thousand and 584 thousand performance-based RSUs of QRTEA in 2021 and 2020, respectively. These grants vest one year from the month of the grant, subject to the satisfaction of certain performance objectives. Grants were made in connection with our Chairman’s employment agreement. Qurate Retail also granted 1.1 million time-based RSAs of QRTEB to our Chairman in 2021 as a result of the Letter Agreement discussed in Note 10 which vest in two equal tranches on December 10, 2024 and June 3, 2026, subject to earlier vesting under certain circumstances. Qurate Retail granted 38 thousand time-based RSUs of QRTEA to our Chairman which cliff vested on December 10, 2020. This RSU grant was issued in lieu of our Chairman receiving 50% of his remaining base salary for the last three quarters of calendar year 2020, and he waived his right to receive the other 50% , in each case, in light of the ongoing financial impact of COVID-19.
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Volatility 2021 grants 53.7 % - 57.1 % 2020 grants 46.8 % - 54.8 %
Schedule of number, weighted average exercise price ("WAEP"), Weighted average remaining life and aggregate intrinsic value of the awards	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Qurate Retail ​ ​ Series A ​ Series B ​ ​ ​ ​ ​ ​ ​ Weighted ​ Aggregate ​ ​ ​ ​ ​ ​ Weighted ​ Aggregate ​ ​ ​ ​ ​ ​ ​ ​ average ​ intrinsic ​ ​ ​ ​ ​ ​ average ​ intrinsic ​ ​ ​ Options ​ ​ ​ ​ remaining ​ value ​ Options ​ ​ ​ ​ remaining ​ value ​ ​ (000's) WAEP life (in millions) (000's) WAEP life (in millions) Options outstanding at January 1, 2022 ​ 42,110 ​ $ 9.23 ​ ​ ​ ​ ​ ​ ​ 2,221 ​ $ 12.25 ​ ​ ​ ​ ​ ​ Granted — ​ $ — ​ ​ ​ ​ ​ ​ — ​ $ — ​ ​ ​ ​ ​ ​ ​ Exercised (420) ​ $ 2.25 ​ ​ ​ ​ ​ ​ — ​ $ — ​ ​ ​ ​ ​ ​ ​ Forfeited/Cancelled (8,776) ​ $ 11.28 ​ ​ ​ ​ ​ ​ — ​ $ — ​ ​ ​ ​ ​ ​ ​ Options outstanding at December 31, 2022 32,914 ​ $ 8.78 2.9 years ​ $ — 2,221 ​ $ 12.25 0.8 years ​ $ — ​ Options exercisable at December 31, 2022 21,561 ​ $ 10.56 2.0 years ​ $ — 2,221 ​ $ 12.25 0.8 years ​ $ — ​ ​
Schedule of number and weighted average GDFV of RSUs granted to certain officers, employees and directors	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ Weighted ​ ​ ​ Series A ​ Average ​ Series B ​ Average ​ ​ ​ (000's) ​ GDFV ​ (000's) ​ GDFV ​ RSUs outstanding at January 1, 2022 12,905 ​ $ 9.38 ​ — ​ $ — ​ Granted 18,797 ​ $ 3.80 ​ 327 ​ $ 4.95 ​ Vested (4,475) ​ $ 9.92 ​ — ​ $ — ​ Forfeited/Cancelled (4,061) ​ $ 7.43 ​ — ​ $ — ​ RSUs outstanding at December 31, 2022 23,166 ​ $ 5.09 ​ 327 ​ $ 4.95 ​

Other Comprehensive Earnings _2

Other Comprehensive Earnings (Loss) (Tables)	12 Months Ended
	Dec. 31, 2022
Other Comprehensive Earnings (Loss)
Schedule of Accumulated Other Comprehensive Income (Loss)	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Comprehensive ​ ​ ​ ​ ​ Foreign Share of ​ Earnings (loss) ​ ​ ​ ​ ​ ​ ​ currency ​ AOCI ​ Attributable to ​ ​ ​ ​ ​ ​ translation ​ of equity ​ Debt Credit Risk ​ ​ ​ ​ ​ ​ adjustments ​ affiliates ​ Adjustments ​ Other ​ AOCI ​ ​ amounts in millions Balance at January 1, 2020 ​ $ (181) (5) 40 ​ 91 (55) ​ Other comprehensive earnings (loss) attributable to Qurate Retail, Inc. stockholders ​ 111 ​ — ​ 17 ​ (1) ​ 127 ​ Balance at December 31, 2020 ​ ​ (70) (5) 57 ​ 90 72 ​ Other comprehensive earnings (loss) attributable to Qurate Retail, Inc. stockholders ​ ​ (113) ​ — ​ (36) ​ (2) ​ (151) ​ Balance at December 31, 2021 ​ $ (183) (5) 21 ​ 88 (79) ​ Other comprehensive earnings (loss) attributable to Qurate Retail, Inc. stockholders ​ ​ (166) ​ — ​ 277 ​ (14) ​ 97 ​ Balance at December 31, 2022 ​ $ (349) (5) 298 ​ 74 18 ​ ​
Schedule of Comprehensive Income (Loss)	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Tax ​ ​ Before-tax ​ (expense) ​ Net-of-tax ​ ​ amount ​ benefit ​ amount ​ ​ amounts in millions Year ended December 31, 2022: ​ ​ ​ ​ ​ ​ ​ ​ Foreign currency translation adjustments ​ $ (185) 3 (182) ​ Recognition of previously unrealized losses (gains) on debt, net ​ (18) 4 (14) ​ Comprehensive earnings (loss) attributable to debt credit risk adjustments ​ ​ 365 ​ (88) ​ 277 ​ Other comprehensive earnings (loss) ​ $ 162 (81) 81 ​ Year ended December 31, 2021: ​ ​ ​ ​ ​ ​ ​ Foreign currency translation adjustments ​ $ (124) (4) (128) ​ Recognition of previously unrealized losses (gains) on debt, net ​ ​ (3) 2 (1) ​ Comprehensive earnings (loss) attributable to debt credit risk adjustments ​ (42) ​ 6 ​ (36) ​ Other comprehensive earnings (loss) ​ $ (169) 4 (165) ​ Year ended December 31, 2020: ​ ​ ​ ​ ​ ​ ​ ​ Foreign currency translation adjustments ​ $ 115 3 118 ​ Recognition of previously unrealized losses (gains) on debt, net ​ ​ (1) — (1) ​ Comprehensive earnings (loss) attributable to debt credit risk adjustments ​ 22 ​ (5) ​ 17 ​ Other comprehensive earnings (loss) ​ $ 136 (2) 134 ​

Information About Qurate Reta_2

Information About Qurate Retail's Operating Segments (Tables)	12 Months Ended
	Dec. 31, 2022
Information About Qurate Retail's Operating Segments
Performance Measures	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ ​ ​ Adjusted ​ Adjusted ​ Adjusted ​ ​ ​ Revenue ​ OIBDA ​ Revenue ​ OIBDA ​ Revenue ​ OIBDA ​ ​ ​ amounts in millions ​ QxH ​ $ 7,359 750 8,277 1,439 8,505 1,547 ​ QVC International ​ ​ 2,528 ​ 358 ​ 3,077 ​ 562 ​ 2,967 ​ 510 ​ CBI ​ ​ 1,313 ​ 78 ​ 1,238 ​ 137 ​ 1,070 ​ 94 ​ Corporate and other ​ 906 (122) 1,453 (58) 1,636 47 ​ Inter-segment eliminations ​ ​ — ​ — ​ (1) ​ — ​ (1) ​ — ​ Consolidated Qurate Retail ​ $ 12,106 1,064 14,044 2,080 14,177 2,198 ​ ​
Other Information By Segment	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ December 31, 2021 ​ ​ ​ ​ ​ ​ ​ Total ​ Capital ​ Total ​ Capital ​ ​ assets ​ expenditures ​ assets ​ expenditures ​ amounts in millions ​ QxH ​ $ 8,731 178 12,302 169 ​ QVC International ​ ​ 1,933 ​ 38 ​ 2,214 ​ 41 ​ CBI ​ ​ 558 ​ 39 ​ 485 ​ 14 ​ Corporate and other ​ 1,349 13 1,201 20 ​ Consolidated Qurate Retail ​ $ 12,571 268 16,202 244 ​ ​
Reconciliation Of Segment Adjusted OIBDA To Operating income (loss) and Earnings (Loss) From Continuing Operations Before Income Taxes	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ 2022 2021 2020 ​ ​ amounts in millions Consolidated segment Adjusted OIBDA ​ $ 1,064 2,080 2,198 ​ Stock-based compensation ​ (60) (72) (64) ​ Depreciation and amortization ​ (481) (537) (562) ​ Restructuring and fire related (costs), net of recoveries ​ ​ (3) ​ (21) ​ — ​ Gains on sale leaseback transactions ​ ​ 520 ​ — ​ — ​ Impairment of intangible assets ​ ​ (3,081) ​ (363) ​ — ​ Operating income ​ ​ (2,041) 1,087 1,572 ​ Interest expense ​ (456) (468) (408) ​ Share of earnings (loss) of affiliates, net ​ (1) (94) (156) ​ Realized and unrealized gains (losses) on financial instruments, net ​ 41 99 (110) ​ Gains (losses) on transactions, net ​ — 10 224 ​ Tax sharing income (expense) with Liberty Broadband ​ ​ 79 ​ 10 ​ (39) ​ Other, net ​ 70 (6) (32) ​ Earnings (loss) from continuing operations before income taxes ​ $ (2,308) 638 1,051 ​ ​
Schedule of Revenue by geographic area	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ 2022 2021 2020 ​ ​ amounts in millions United States ​ $ 9,514 10,864 11,119 ​ Japan ​ 1,017 1,167 1,132 ​ Germany ​ 813 1,027 978 ​ Other foreign countries ​ 762 986 948 ​ ​ ​ $ 12,106 14,044 14,177 ​ ​
Schedule of Long-lived Assets by Geographic Area	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ 2022 2021 ​ ​ amounts in millions U.S. ​ $ 378 686 ​ Japan ​ 104 123 ​ Germany ​ 36 121 ​ Other foreign countries ​ 52 100 ​ ​ ​ $ 570 1,030 ​

Basis of Presentation (Details)

Basis of Presentation (Details) - USD ($) $ in Millions	1 Months Ended	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Basis
Property and equipment, net		$ 570	$ 1,030
Deferred income tax liabilities		1,440	1,350
Retained earnings		337	2,925
Deferred tax benefit		12	(4)	$ (348)
Revision For Write off Of Fixed Assets Disposed | Revision of Prior Period, Adjustment
Basis
Property and equipment, net			(47)
Deferred income tax liabilities			(3)
Retained earnings				(36)
Deferred tax benefit				(8)
Liberty Media | CEO
Basis
Relative market capitalization percentage	50%
Blended average of historical time allocation on a Liberty Media-wide and CEO basis weighted average	50%
Liberty
Basis
Related Party Transaction, Amounts of Transaction		$ 7	$ 10	$ 9
Liberty | CEO
Basis
CEO compensation allocation percentage		13%	17%	19%
Employment Agreement Term	5 years
Annual Base Salary	$ 3
One-time cash commitment bonus	5
Annual Target Cash Performance Bonus	17
Annual Equity Awards	17.5
Upfront Awards	$ 90
Liberty Media Corporation and Liberty Broadband Corporation
Basis
Tax sharing payable		$ 18	$ 96

Basis of Presentation - Special

Basis of Presentation - Special Dividend (Details) - USD ($) $ / shares in Units, $ in Millions				12 Months Ended
	Nov. 04, 2021	Nov. 20, 2020	Sep. 14, 2020	Dec. 31, 2020
Basis
Proceeds from sale of an alternative energy investment				$ 272
Gain on sale of alternative energy investment				$ 224
Common Class A and B
Basis
Dividend per share, cash paid	$ 1.25	$ 1.50	$ 1.50
Dividends declared cash	$ 488	$ 625	$ 626
8.0% Series A Cumulative Redeemable Preferred Stock
Basis
Preferred shares issued per common share outstanding			0.03
Preferred Stock, Dividend Rate, Percentage			8%
Preferred stock par value			$ 0.01
Liquidation preference per share			100
Distribution ratio for the preferred share dividend			$ 3
Liquidation preference			$ 1,300

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Allowance for Doubtful Accounts Receivable, Current, Beginning Balance	$ 107	$ 132	$ 129
Charged to expense	82	55	92
Other	(1)
Deductions write-offs	(77)	(80)	(89)
Allowance for Doubtful Accounts Receivable, Current, Ending Balance	111	107	132
Inventory Valuation Reserves	154	135
Property, Plant and Equipment, Gross	1,661	2,601
Depreciation	158	167	$ 199
Land
Property, Plant and Equipment, Gross	73	116
Building and Building Improvements [Member]
Property, Plant and Equipment, Gross	453	998
Equipment [Member]
Property, Plant and Equipment, Gross	1,041	1,155
Projects in Progress
Property, Plant and Equipment, Gross	77	55
Finance lease ROU assets
Property, Plant and Equipment, Gross	$ 17	277
Minimum | Building and Building Improvements [Member]
Property, Plant and Equipment, Useful Life	8 years
Minimum | Equipment [Member]
Property, Plant and Equipment, Useful Life	2 years
Maximum | Building and Building Improvements [Member]
Property, Plant and Equipment, Useful Life	20 years
Maximum | Equipment [Member]
Property, Plant and Equipment, Useful Life	8 years
Fair Value Option Securities
Equity Securities, FV-NI	$ 0	$ 0

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Disaggregation of Revenue (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disaggregation of Revenue [Line Items]
Total revenue, net	$ 12,106	$ 14,044	$ 14,177
Corporate and other
Disaggregation of Revenue [Line Items]
Total revenue, net	906	1,452	1,635
QxH
Disaggregation of Revenue [Line Items]
Total revenue, net	7,359	8,277	8,505
QVC International
Disaggregation of Revenue [Line Items]
Total revenue, net	2,528	3,077	2,967
CBI
Disaggregation of Revenue [Line Items]
Total revenue, net	1,313	1,238	1,070
Home
Disaggregation of Revenue [Line Items]
Total revenue, net	5,217	5,993	6,121
Home | Corporate and other
Disaggregation of Revenue [Line Items]
Total revenue, net	241	440	490
Home | QxH
Disaggregation of Revenue [Line Items]
Total revenue, net	2,866	3,278	3,529
Home | QVC International
Disaggregation of Revenue [Line Items]
Total revenue, net	998	1,237	1,199
Home | CBI
Disaggregation of Revenue [Line Items]
Total revenue, net	1,112	1,038	903
Beauty
Disaggregation of Revenue [Line Items]
Total revenue, net	1,729	2,012	2,058
Beauty | Corporate and other
Disaggregation of Revenue [Line Items]
Total revenue, net	42	66	73
Beauty | QxH
Disaggregation of Revenue [Line Items]
Total revenue, net	1,108	1,223	1,261
Beauty | QVC International
Disaggregation of Revenue [Line Items]
Total revenue, net	579	723	724
Apparel
Disaggregation of Revenue [Line Items]
Total revenue, net	2,240	2,541	2,357
Apparel | Corporate and other
Disaggregation of Revenue [Line Items]
Total revenue, net	351	559	583
Apparel | QxH
Disaggregation of Revenue [Line Items]
Total revenue, net	1,243	1,291	1,170
Apparel | QVC International
Disaggregation of Revenue [Line Items]
Total revenue, net	445	492	437
Apparel | CBI
Disaggregation of Revenue [Line Items]
Total revenue, net	201	199	167
Accessories
Disaggregation of Revenue [Line Items]
Total revenue, net	1,294	1,540	1,598
Accessories | Corporate and other
Disaggregation of Revenue [Line Items]
Total revenue, net	210	295	394
Accessories | QxH
Disaggregation of Revenue [Line Items]
Total revenue, net	867	980	944
Accessories | QVC International
Disaggregation of Revenue [Line Items]
Total revenue, net	217	265	260
Electronics
Disaggregation of Revenue [Line Items]
Total revenue, net	874	1,096	1,208
Electronics | Corporate and other
Disaggregation of Revenue [Line Items]
Total revenue, net	7	13	17
Electronics | QxH
Disaggregation of Revenue [Line Items]
Total revenue, net	775	964	1,069
Electronics | QVC International
Disaggregation of Revenue [Line Items]
Total revenue, net	92	119	122
Jewelry
Disaggregation of Revenue [Line Items]
Total revenue, net	528	637	630
Jewelry | Corporate and other
Disaggregation of Revenue [Line Items]
Total revenue, net	32	50	51
Jewelry | QxH
Disaggregation of Revenue [Line Items]
Total revenue, net	311	359	363
Jewelry | QVC International
Disaggregation of Revenue [Line Items]
Total revenue, net	185	228	216
Other revenue
Disaggregation of Revenue [Line Items]
Total revenue, net	224	225	205
Other revenue | Corporate and other
Disaggregation of Revenue [Line Items]
Total revenue, net	23	29	27
Other revenue | QxH
Disaggregation of Revenue [Line Items]
Total revenue, net	189	182	169
Other revenue | QVC International
Disaggregation of Revenue [Line Items]
Total revenue, net	$ 12	13	$ 9
Other revenue | CBI
Disaggregation of Revenue [Line Items]
Total revenue, net		$ 1

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Allowance for Sales Returns (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Sales returns, beginning balance	$ 274	$ 300	$ 261
Additions, charged to earnings	1,917	2,145	2,188
Deductions	(1,976)	(2,171)	(2,149)
Sales returns, ending balance	215	274	300
Stock-based compensation	60	72	64
Selling, General and Administrative Expenses
Advertising Expense	$ 548	$ 560	$ 440

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - EPS (Details) - shares shares in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Summary of Significant Accounting Policies
Antidilutive securities	33	24	28
Basic WASO	380	403	416
Potentially dilutive shares	3	12	5
Diluted WASO	383	415	421

Supplemental Disclosures to C_3

Supplemental Disclosures to Consolidated Statements of Cash Flows (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Supplemental Disclosures to Consolidated Statements of Cash Flows
Cash paid for interest	$ 447	$ 458	$ 392
Cash paid for income taxes, net	$ 284	$ 29	$ 116

Supplemental Disclosures to C_4

Supplemental Disclosures to Consolidated Statement of Cash Flows - Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Summary of Significant Accounting Policies
Cash and cash equivalents	$ 1,275	$ 587
Restricted cash included in other current assets	$ 10	$ 9
Restricted Cash and Cash Equivalents, Asset, Statement of Financial Position [Extensible List]	Other Assets, Current	Other Assets, Current
Total cash, cash equivalents and restricted cash in the consolidated statement of cash flows	$ 1,285	$ 596	$ 814	$ 681

Assets and Liabilities Measur_3

Assets and Liabilities Measured at Fair Value - Assets And Liabilities Measured At Fair Value On A Recurring Basis (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Mar. 09, 2018
Assets and liabilities measured at fair value
Indemnification asset			$ 281
Recurring
Assets and liabilities measured at fair value
Cash equivalents	$ 938	$ 149
Indemnification asset	50	324
Debt	614	1,315
Recurring | Fair Value, Inputs, Level 1 [Member]
Assets and liabilities measured at fair value
Cash equivalents	938	149
Recurring | Significant Other Observable Inputs (Level 2)
Assets and liabilities measured at fair value
Indemnification asset	50	324
Debt	$ 614	$ 1,315
1.75% Exchangeable Senior Debentures due 2046
Assets and liabilities measured at fair value
Interest rate (as a percent)	1.75%

Assets and Liabilities Measur_4

Assets and Liabilities Measured at Fair Value - Realized and Unrealized Gains (Losses) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Realized and unrealized gains (losses) on financial instruments
Realized and unrealized gains (losses) on financial instruments	$ 41	$ 99	$ (110)
Change in fair value of exchangeable senior debentures realized gain	341	(44)	21
Cumulative amount of gain in change in fair value	489
Equity securities
Realized and unrealized gains (losses) on financial instruments
Realized and unrealized gains (losses) on financial instruments	13	77	(1)
Exchangeable senior debentures
Realized and unrealized gains (losses) on financial instruments
Realized and unrealized gains (losses) on financial instruments	310	(130)	(277)
Indemnification asset
Realized and unrealized gains (losses) on financial instruments
Realized and unrealized gains (losses) on financial instruments	(273)	(21)	143
Other Financial Instruments
Realized and unrealized gains (losses) on financial instruments
Realized and unrealized gains (losses) on financial instruments	$ (9)	$ 173	$ 25

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Changes In The Carrying Amount Of Goodwill (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2022	Dec. 31, 2021
Changes in the carrying amount of goodwill
Balance, beginning of the year		$ 6,339	$ 6,638
Foreign currency translation adjustments		(77)	(66)
Impairments		(2,761)	(233)
Balance, end of the year		3,501	6,339
Corporate and Other
Changes in the carrying amount of goodwill
Balance, beginning of the year		244	477
Impairments		(226)	(233)
Balance, end of the year		18	244
QxH
Changes in the carrying amount of goodwill
Balance, beginning of the year		5,228	5,228
Impairments	$ (2,535)	(2,535)
Balance, end of the year		2,693	5,228
QVC International
Changes in the carrying amount of goodwill
Balance, beginning of the year		855	921
Foreign currency translation adjustments		(77)	(66)
Balance, end of the year		778	855
CBI
Changes in the carrying amount of goodwill
Balance, beginning of the year		12	12
Balance, end of the year		$ 12	$ 12

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Indefinite Lived Intangible Assets (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Indefinite-lived Intangible Assets [Line Items]
Tradenames	$ 2,718	$ 3,038
QxH
Indefinite-lived Intangible Assets [Line Items]
Tradenames	$ 2,698

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Intangible Assets Subject to Amortization (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 5,444	$ 5,582
Accumulated amortization	(4,832)	(4,837)
Net carrying amount	$ 612	745
Weighted average useful life at time of acquisition	9 years
Television Distribution Rights
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 664	818
Accumulated amortization	(592)	(673)
Net carrying amount	72	145
Customer Relationships
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	3,307	3,321
Accumulated amortization	(3,120)	(3,087)
Net carrying amount	187	234
Other Intangible Assets
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	1,473	1,443
Accumulated amortization	(1,120)	(1,077)
Net carrying amount	$ 353	$ 366

Goodwill and Other Intangible_6

Goodwill and Other Intangible Assets - Amortization Expense For The Next Five Fiscal Years (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill and Other Intangible Assets
Amortization expense for intangible assets	$ 323	$ 352	$ 363
Amortization expense for the next five years
2023	274
2024	184
2025	97
2026	51
2027	$ 3

Goodwill and Other Intangible_7

Goodwill and Other Intangible Assets - Impairment (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Indefinite-lived Intangible Assets [Line Items]
Impairments of goodwill			$ 2,761	$ 233
Zulily
Indefinite-lived Intangible Assets [Line Items]
Impairments of goodwill	$ 226	$ 233	899
Zulily | Trade Names
Indefinite-lived Intangible Assets [Line Items]
Impairment of intangible assets	140	$ 130
QxH
Indefinite-lived Intangible Assets [Line Items]
Impairments of goodwill	2,535		$ 2,535
QxH | Trade Names
Indefinite-lived Intangible Assets [Line Items]
Impairment of intangible assets	$ 180

Debt - Debt Table (Details)

Debt - Debt Table (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Aug. 20, 2020	Apr. 01, 2020	Feb. 04, 2020	Dec. 09, 2019	Sep. 30, 2018
Long-term debt
Outstanding principal	$ 6,895
Carrying value	6,353	$ 6,989
Deferred loan costs	(37)	(44)
Total consolidated debt	6,353	6,989
Less debt classified as current	(828)	(1,315)
Total long-term debt	5,525	5,674
8.5% Senior Debentures Due 2029
Long-term debt
Outstanding principal	287
Carrying value	$ 286	286
Debt instrument interest rate	8.50%
8.25% Senior Debentures Due 2030
Long-term debt
Outstanding principal	$ 505
Carrying value	$ 503	503
Debt instrument interest rate	8.25%
4% Exchangeable Senior Debentures Due 2029
Long-term debt
Outstanding principal	$ 354
Carrying value	$ 134	328
Debt instrument interest rate	4%			4%
3.75% Exchangeable Senior Debentures Due 2030
Long-term debt
Outstanding principal	$ 430
Carrying value	$ 157	347
Debt instrument interest rate	3.75%			3.75%
1.75% Exchangeable Senior Debentures due 2046
Long-term debt
Outstanding principal	$ 330
Carrying value	$ 323	640
Debt instrument interest rate	1.75%
QVC | QVC 5.125% Senior Secured Notes Due 2022
Long-term debt
Debt instrument interest rate			5.125%
QVC | QVC 4.375% Senior Secured Notes due 2023
Long-term debt
Outstanding principal	$ 214
Carrying value	$ 214	750
Debt instrument interest rate	4.375%
QVC | QVC 4.85% Senior Secured Notes Due 2024
Long-term debt
Outstanding principal	$ 600
Carrying value	$ 600	600
Debt instrument interest rate	4.85%
QVC | QVC 4.45% Senior Secured Notes Due 2025
Long-term debt
Outstanding principal	$ 600
Carrying value	$ 599	599
Debt instrument interest rate	4.45%
QVC | QVC 4.75% Senior Secured Notes Due 2027
Long-term debt
Outstanding principal	$ 575
Carrying value	$ 575	575
Debt instrument interest rate	4.75%				4.75%
QVC | QVC 4.375% Senior Secured Notes due 2028
Long-term debt
Outstanding principal	$ 500
Carrying value	$ 500	500
Debt instrument interest rate	4.375%		4.375%
QVC | QVC 5.45% Senior Secured Notes Due 2034
Long-term debt
Outstanding principal	$ 400
Carrying value	$ 399	399
Debt instrument interest rate	5.45%
QVC | QVC 5.95% Senior Secured Notes due 2043
Long-term debt
Outstanding principal	$ 300
Carrying value	$ 300	300
Debt instrument interest rate	5.95%
QVC | QVC 6.375% Senior Secured Notes Due 2067
Long-term debt
Outstanding principal	$ 225
Carrying value	$ 225	225
Debt instrument interest rate	6.375%						6.375%
QVC | QVC 6.25% Senior Secured Notes Due 2068
Long-term debt
Outstanding principal	$ 500
Carrying value	$ 500	500
Debt instrument interest rate	6.25%					6.25%
QVC | QVC Bank Credit Facilities
Long-term debt
Outstanding principal	$ 1,075
Carrying value	$ 1,075	$ 481

Debt - Narrative (Details)

Debt - Narrative (Details)

1 Months Ended

12 Months Ended

Feb. 15, 2023 USD ($) $ / item

Jun. 30, 2022 USD ($)

Dec. 29, 2021 USD ($)

Dec. 13, 2021 USD ($)

Oct. 27, 2021 USD ($)

Aug. 20, 2020 USD ($)

Apr. 01, 2020 USD ($)

Jul. 31, 2019 USD ($)

Aug. 31, 2016 USD ($) $ / shares

Dec. 31, 2022 USD ($)

Dec. 31, 2021 USD ($)

Dec. 31, 2020 USD ($)

Feb. 04, 2020 USD ($)

Dec. 09, 2019 USD ($)

Sep. 30, 2018 USD ($)

Long-term debt

Debt, Current

$ 828,000,000

$ 1,315,000,000

Repayments of Long-term Debt

3,008,000,000

594,000,000

$ 2,079,000,000

Loss on extinguishment of debt

8,000,000

(1,000,000)

$ (40,000,000)

Long-term debt

6,353,000,000

6,989,000,000

Senior Debentures

Long-term debt

Aggregate unamortized discount and issuance costs

$ 3,000,000

3,000,000

QVC Global | Forward Contracts

Long-term debt

Fair value of debt redeemed

573,000,000

Total cash payments

$ 1,000,000

8.5% Senior Debentures Due 2029

Long-term debt

Interest rate (as a percent)

8.50%

8.25% Senior Debentures Due 2030

Long-term debt

Interest rate (as a percent)

8.25%

4% Exchangeable Senior Debentures Due 2029

Long-term debt

Interest rate (as a percent)

4%

4%

Debt instrument conversion ratio denominator

$ 1,000

4% Exchangeable Senior Debentures Due 2029 | Adjusted face amount per debenture

Long-term debt

Debt instrument conversion ratio denominator

$ 910

4% Exchangeable Senior Debentures Due 2029 | Sprint Corporation

Long-term debt

Debt instrument, conversion ratio

3.2265

4% Exchangeable Senior Debentures Due 2029 | Lumen Technologies

Long-term debt

Debt instrument, conversion ratio

0.7860

0.7860

4% Exchangeable Senior Debentures Due 2029 | T-Mobile US, Inc.

Long-term debt

Debt instrument, conversion ratio

0.3309

3.75% Exchangeable Senior Debentures Due 2030

Long-term debt

Interest rate (as a percent)

3.75%

3.75%

Debt instrument conversion ratio denominator

$ 1,000

$ 1,000

3.75% Exchangeable Senior Debentures Due 2030 | Subsequent Event

Long-term debt

Debt instrument conversion ratio denominator

$ 1,000

Interest payment | $ / item

18.75

Additional distribution | $ / item

0.14365

3.75% Exchangeable Senior Debentures Due 2030 | Adjusted face amount per debenture

Long-term debt

Debt instrument conversion ratio denominator

$ 936

3.75% Exchangeable Senior Debentures Due 2030 | Adjusted face amount per debenture | Subsequent Event

Long-term debt

Debt instrument conversion ratio denominator

$ 934

3.75% Exchangeable Senior Debentures Due 2030 | Sprint Corporation

Long-term debt

Debt instrument, conversion ratio

2.3578

3.75% Exchangeable Senior Debentures Due 2030 | Lumen Technologies

Long-term debt

Debt instrument, conversion ratio

0.5746

0.5746

3.75% Exchangeable Senior Debentures Due 2030 | T-Mobile US, Inc.

Long-term debt

Debt instrument, conversion ratio

0.2419

1.75% Exchangeable Senior Debentures due 2046

Long-term debt

Interest rate (as a percent)

1.75%

Debt instrument conversion ratio denominator

$ 1,000

1.75% Exchangeable Senior Debentures due 2046 | Charter

Long-term debt

Debt instrument, conversion ratio

2.9317

Exchange Price of Shares Attributable to Debentures | $ / shares

$ 341.10

Exchangeable Senior Debentures

Long-term debt

Debt, Current

$ 614,000,000

QVC 4.375% Senior Secured Notes due 2023

Long-term debt

Loss on extinguishment of debt

6,000,000

Promissory note

Long-term debt

Repayments of Debt

$ 85,000,000

Annual interest payment

$ 9,000,000

Amendment No. 5 Credit Facility | Portion of Credit Facility Available to QVC or zulily

Long-term debt

Maximum borrowing capacity

$ 3,250,000,000

Amendment No. 5 Credit Facility | Portion of Credit Facility Available to QVC or zulily | Alternate Base Rate | Minimum

Long-term debt

Debt Instrument, Basis Spread on Variable Rate

0.25%

Amendment No. 5 Credit Facility | Portion of Credit Facility Available to QVC or zulily | Alternate Base Rate | Maximum

Long-term debt

Debt Instrument, Basis Spread on Variable Rate

0.625%

Amendment No. 5 Credit Facility | Portion of Credit Facility Available to QVC or zulily | LIBOR | Minimum

Long-term debt

Debt Instrument, Basis Spread on Variable Rate

1.25%

Amendment No. 5 Credit Facility | Portion of Credit Facility Available to QVC or zulily | LIBOR | Maximum

Long-term debt

Debt Instrument, Basis Spread on Variable Rate

1.625%

Amendment No. 5 Credit Facility | Letter of Credit

Long-term debt

Maximum borrowing capacity

$ 450,000,000

Percentage of sub-limit

50%

QVC | Interest Rate Swap

Long-term debt

Derivative, Notional Amount

$ 125,000,000

Derivative, Term of Contract

3 years

Derivative Liability

1,000,000

QVC | 3.5% Exchangeable Senior Debentures Due 2031

Long-term debt

Interest rate (as a percent)

3.50%

Long-term debt

$ 0

QVC | 3.5% Exchangeable Senior Debentures Due 2031 | Motorola Solutions

Long-term debt

principal payment of the debentures

$ 25,000,000

Payments for settlement of fraction notes

49,000,000

Debt instrument conversion ratio denominator

$ 1,000

Debt instrument, conversion ratio

5.2598

QVC | QVC Senior Secured Notes

Long-term debt

Leverage ratio

3.5

QVC | QVC 5.125% Senior Secured Notes Due 2022

Long-term debt

Interest rate (as a percent)

5.125%

Repayments of Long-term Debt

$ 500,000,000

Loss on extinguishment of debt

$ (42,000,000)

QVC | QVC 4.375% Senior Secured Notes due 2023

Long-term debt

Interest rate (as a percent)

4.375%

Debt Instrument, Face Amount

$ 750,000,000

Debt issuance price as percent of par

99.968

Purchase of notes

$ 536,000,000

QVC | QVC 4.85% Senior Secured Notes Due 2024

Long-term debt

Interest rate (as a percent)

4.85%

Debt Instrument, Face Amount

$ 600,000,000

Debt issuance price as percent of par

99.927

QVC | QVC 4.45% Senior Secured Notes Due 2025

Long-term debt

Interest rate (as a percent)

4.45%

Debt Instrument, Face Amount

$ 600,000,000

Debt issuance price as percent of par

99.860

QVC | QVC 5.45% Senior Secured Notes Due 2034

Long-term debt

Interest rate (as a percent)

5.45%

Debt Instrument, Face Amount

$ 400,000,000

Debt issuance price as percent of par

99.784

QVC | QVC 5.95% Senior Secured Notes due 2043

Long-term debt

Interest rate (as a percent)

5.95%

Debt Instrument, Face Amount

$ 300,000,000

Debt issuance price as percent of par

99.973

QVC | QVC 6.375% Senior Secured Notes Due 2067

Long-term debt

Interest rate (as a percent)

6.375%

6.375%

Debt Instrument, Face Amount

$ 225,000,000

QVC | QVC 6.25% Senior Secured Notes Due 2068

Long-term debt

Interest rate (as a percent)

6.25%

6.25%

Debt Instrument, Face Amount

$ 500,000,000

QVC | QVC 4.75% Senior Secured Notes Due 2027

Long-term debt

Interest rate (as a percent)

4.75%

4.75%

Debt Instrument, Face Amount

$ 575,000,000

QVC | QVC 4.375% Senior Secured Notes due 2028

Long-term debt

Interest rate (as a percent)

4.375%

4.375%

Debt Instrument, Face Amount

$ 500,000,000

QVC | Promissory note

Long-term debt

Interest rate (as a percent)

0.48%

Debt Instrument, Face Amount

$ 1,800,000,000

QVC | Amendment No. 5 Credit Facility

Long-term debt

Interest rate (as a percent)

5.75%

Remaining borrowing capacity

$ 2,150,000,000

T-Mobile US, Inc. | Sprint Corporation | 4% Exchangeable Senior Debentures Due 2029

Long-term debt

Acquisition, conversion ratio of shares

0.10256

Debt instrument conversion ratio denominator

$ 1,000

Debt - Debt Securities That Are

Debt - Debt Securities That Are Not Reported At Fair Value (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Long-term debt
2023	$ 216
2024	603
2025	603
2026	1,078
2027	578
Senior Debentures
Long-term debt
Fair value of debt securities that are not reported at fair value	377	$ 871
QVC Senior Secured Notes
Long-term debt
Fair value of debt securities that are not reported at fair value	$ 2,676	$ 4,595

Leases - Remaining Lease Term A

Leases - Remaining Lease Term And Lease Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Leases
Operating lease, existence of option to extend	true
Finance lease, existence of option to extend	true
Operating lease, existence of option to terminate	true
Finance lease, existence of option to terminate	true
Components of lease expense:
Operating Lease Cost	$ 127	$ 96	$ 87
Finance lease cost
Depreciation of leased assets	5	19	19
Interest on lease liabilities	3	8	8
Total finance lease cost	$ 8	$ 27	$ 27
Minimum
Leases
Operating lease, remaining lease term	1 year
Finance lease, remaining lease term	1 year
Maximum
Leases
Operating lease, remaining lease term	20 years
Finance lease, remaining lease term	20 years
Operating lease, option to extend, period	14 years
Finance lease, option to extend, period	14 years
Operating lease, terminate term	1 year
Finance lease, terminate term	1 year

Leases - Weighted- Average Rema

Leases - Weighted- Average Remaining Lease Term And Discount Rate (Details)	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Leases
Finance leases - Weighted-average remaining lease term (in years)	1 year 10 months 24 days	7 years 8 months 12 days	8 years 6 months
Operating leases -Weighted-average remaining lease term (in years)	9 years 7 months 6 days	8 years 3 months 18 days	8 years 6 months
Finance leases - Weighted-average discount rate	2.10%	5.20%	5.10%
Operating leases - Weighted-average discount rate	10.20%	5.10%	5.10%

Leases - Supplemental Balance S

Leases - Supplemental Balance Sheet Information (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Leases
Operating lease ROU assets (1)	$ 585	$ 351
Current operating lease liabilities (2)	$ 76	$ 64
Current operating lease location	Other current liabilities	Other current liabilities
Operating lease liability	$ 518	$ 303
Total operating lease liabilities location	Operating lease liability, Other current liabilities	Operating lease liability, Other current liabilities
Total operating lease liabilities	$ 594	$ 367
Property and equipment	1,661	2,601
Accumulated depreciation	(1,091)	(1,571)
Property and equipment, net	570	1,030
Current finance lease liabilities (2)	$ 2	$ 20
Finance lease current liabilities location	Other current liabilities	Other current liabilities
Finance lease liabilities (3)	$ 2	$ 137
Finance lease liabilities location	Other liabilities	Other liabilities
Total finance lease liabilities	$ 4	$ 157
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Other Liabilities, Current, Other Liabilities, Noncurrent	Other Liabilities, Current, Other Liabilities, Noncurrent
Finance lease ROU assets
Leases
Property and equipment	$ 17	$ 277
Accumulated depreciation	(13)	(151)
Property and equipment, net	$ 4	$ 126
Finance Lease ROU asset location	Property and equipment, net	Property and equipment, net

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases	$ 108	$ 82	$ 86
Operating cash outflows from finance leases	3	8	8
Financing cash outflows from finance leases	6	18	18
Operating leases- ROU assets obtained in exchange for lease obligations	$ 306	49	$ 35
Finance leases - ROU assets obtained in exchange for lease obligations		$ 11

Leases - Future Lease Payments

Leases - Future Lease Payments Under Operating Leases And Finance Leases (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Future lease payments under finance leases
2023	$ 3
2024	1
Total lease payments	4
Total finance lease liabilities	4	$ 157
Future lease payments under operating leases
2023	125
2024	106
2025	89
2026	75
2027	65
Thereafter	614
Total lease payments	1,074
Less: imputed interest	(480)
Total operating lease liabilities	$ 594	$ 367

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Millions		1 Months Ended	3 Months Ended	12 Months Ended
	Nov. 30, 2022 USD ($) item property	Jul. 31, 2022 USD ($) item property	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Oct. 31, 2022 USD ($)
Leases
Operating lease, existence of option to extend				true
Proceeds from sale of fixed assets				$ 704	$ 54
Operating lease liability				518	303
Right of use asset				585	$ 351
Other assets held for sale				$ 71
Derivative Liability, Current, Statement of Financial Position [Extensible Enumeration]				Accrued Liabilities, Current
Foreign Exchange Forward [Member]
Leases
Derivative, Notional Amount						$ 167
derivative liability				$ 10
Maximum
Leases
Renewal term				14 years
QVC
Leases
Initial term of lease (in years)	20 years	20 years
Maximum number of consecutive terms eligible for extension | item	4	4
Renewal term	5 years	5 years
Proceeds from sale of fixed assets		$ 443
Sale Leaseback gain				$ 277
Operating lease liability				205
Right of use asset				207
Number Of Properties Sold | property	2	5
QVC | New Lease
Leases
Proceeds from sale of fixed assets			$ 250
Sale Leaseback gain			$ 240
Debt forgiveness				84
Operating lease liability				31
Right of use asset				$ 37
QVC | German Facility
Leases
Proceeds from sale of fixed assets	$ 102
QVC | United Kingdom Facility
Leases
Proceeds from sale of fixed assets	$ 80

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Expense (Benefit) [Abstract]
Current Federal	$ (99)	$ (49)	$ 8
Current State and Local	(29)	(55)	(48)
Current Foreign	(84)	(117)	(105)
Current Income Tax Expense (Benefit)	(212)	(221)	(145)
Deferred Federal	(4)	(24)	312
Deferred State and Local	(27)	26	26
Deferred Foreign	19	2	10
Deferred Income Tax Expense (Benefit)	(12)	4	348
Income tax benefit (expense)	(224)	(217)	203
Domestic	(2,530)	262	735
Foreign	222	376	316
Earnings (loss) from continuing operations before income taxes	$ (2,308)	$ 638	$ 1,051

Income Taxes - Income Tax Recon

Income Taxes - Income Tax Reconciliation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Effective Income Tax Rate Reconciliation
Federal statutory income tax rate	21%	21%	21%
Computed expected tax benefit (expense)	$ 485	$ (134)	$ (221)
State and local income taxes, net of federal income taxes	(35)	(20)	(45)
Tax on foreign earnings, net of federal tax benefits	(15)	(113)	47
Alternative energy tax credits		125	139
Change in valuation allowance affecting tax expense			(59)
Change in tax rate	(8)		(15)
Corporate realignment			352
Non-deductible equity distribution	(41)
Impairment of intangible asset	(580)	(49)
Non-deductible interest on Preferred Stock to non-employee	(21)	(21)	(6)
Other, net	(9)	(5)	11
Income tax benefit (expense)	$ (224)	$ (217)	$ 203

Income Taxes - Deferred Taxes (

Income Taxes - Deferred Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Components of Deferred Tax Assets and Liabilities [Abstract]
Tax losses and capital loss carryforwards	$ 246	$ 240
Foreign tax credit carryforwards	93	95
Accrued stock compensation	15	15
Operating lease liability	104	71
Other accrued liabilities	59	63
Prepaid royalty	70	94
Other	150	131
Deferred tax assets	737	709
Valuation allowance	(264)	(264)
Net deferred tax assets	473	445
Intangible assets	675	758
Fixed assets	106	142
Discount on exchangeable debentures	970	768
Other	131	94
Deferred tax liabilities	1,882	1,762
Deferred tax liabilities	1,409	$ 1,317
Valuation Allowance, Deferred Tax Asset, Change in Amount	0
Deferred tax assets net operating loss subject to expiration	147
Deferred tax assets, net operating loss not subject to expiration	99
Operating Loss Carryforwards, Valuation Allowance	182
Foreign tax credit carryforward valuation allowance	$ 80

Income Taxes - Unrecognized Tax

Income Taxes - Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Uncertainties [Abstract]
Balance at beginning of year	$ 88	$ 83	$ 75
Additions based on tax positions related to the current year	8	9	7
Additions for tax positions of prior years	12	1	7
Reductions for tax positions of prior years	(2)	(1)	(1)
Lapse of statute and settlements	(9)	(4)	(5)
Balance at end of year	97	88	83
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	77	70	66
Reasonably possible decrease in gross unrecognized tax benefits	21
Accrued interest and penalties related to uncertain tax positions	$ 33	$ 28	$ 25

Stockholders' Equity - Preferre

Stockholders' Equity - Preferred Stock (Details) - 8.0% Series A Cumulative Redeemable Preferred Stock $ / shares in Units, $ in Millions		12 Months Ended
	Sep. 14, 2020 $ / shares	Dec. 31, 2022 USD ($) item $ / shares shares	Dec. 31, 2021 item $ / shares shares	Feb. 16, 2023 $ / shares
Preferred Stock
Preferred stock par value	$ 0.01
Preferred stock authorized | shares		13,500,000	13,500,000
Preferred shares issued | shares		12,673,216	12,627,657
Preferred shares outstanding | shares		12,673,216	12,627,657
Preferred Stock, Dividend Rate, Percentage	8%
Dividend redemption period	30 days
Liquidation preference per share	$ 100
Dividends Payable, Amount Per Share		$ 2	$ 2
Number of quarterly dividends | item		4	4
Minimum liquidation price excess for certain director election rights		25%
Number of consecutive dividend periods without dividends that will certain director elections rights | item		2
Level 1
Preferred Stock
Fair value of the Preferred Stock | $		$ 434
Subsequent Event
Preferred Stock
Dividends Payable, Amount Per Share				$ 2
On or after the fifth anniversary of the Original Issue Date but prior to its sixth anniversary
Preferred Stock
Redemption price	4%
On or after the sixth anniversary of the Original Issue Date but prior to its seventh anniversary
Preferred Stock
Redemption price	2%
On or after the seventh anniversary of the Original Issue Date
Preferred Stock
Redemption price	0%

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 Vote shares	Dec. 31, 2021 USD ($) shares	Dec. 31, 2020 USD ($) shares	May 23, 2018 shares	Jun. 02, 2015 shares
Class of Stock [Line Items]
Capital stock authorized for issuance				8,200,000,000	9,015,000,000
Common Stock, Capital Shares Reserved for Future Issuance	35,100,000			8,150,000,000	8,965,000,000
Preferred Stock, Capital Shares Reserved for Future Issuance				50,000,000
Common Class A
Class of Stock [Line Items]
Number of votes | Vote	1
Share received in exchange	1
Common stock, shares authorized	4,000,000,000	4,000,000,000
Common Stock, Shares, Issued	374,390,323	371,132,684
Common Stock, Shares, Outstanding	374,390,323	371,132,684
Common Stock, Capital Shares Reserved for Future Issuance				4,000,000,000
Stock Repurchased and Retired During Period, Shares	0	41,153,205	6,521,782
Stock Repurchased and Retired During Period, Value | $		$ 435	$ 70
Common Class A | Stock Option
Class of Stock [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance	32,900,000
Common Class A | Liberty Ventures common stock
Class of Stock [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance					400,000,000
Common Class B
Class of Stock [Line Items]
Number of votes | Vote	10
Common stock, shares authorized	150,000,000	150,000,000
Common Stock, Shares, Issued	8,373,512	8,163,190
Common Stock, Shares, Outstanding	8,373,512	8,163,190
Common Stock, Capital Shares Reserved for Future Issuance				150,000,000
Common Class B | Stock Option
Class of Stock [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance	2,200,000
Common Class B | Liberty Ventures common stock
Class of Stock [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance					15,000,000
Common Class C
Class of Stock [Line Items]
Common stock, shares authorized	4,000,000,000
Common Stock, Shares, Issued	0
Common Stock, Shares, Outstanding	0
Common Stock, Capital Shares Reserved for Future Issuance				4,000,000,000
Common Class C | Liberty Ventures common stock
Class of Stock [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance					400,000,000

Related Party Transactions wi_2

Related Party Transactions with Officers and Directors (Details)

1 Months Ended

12 Months Ended

Mar. 25, 2022 shares

Jun. 03, 2021 tranche shares

Jun. 02, 2021 shares

May 18, 2021 $ / shares

Nov. 17, 2020

Dec. 16, 2015

Mar. 31, 2015 $ / shares shares

Dec. 24, 2014 $ / shares shares

Dec. 31, 2020 USD ($) $ / shares shares

Dec. 31, 2019 USD ($) tranche $ / shares shares

Dec. 31, 2022 tranche $ / shares shares

Dec. 31, 2021 USD ($) shares

Dec. 31, 2020

Granted

0

Common Class A

Cancellation

8,776,000

WAEP forfeited/cancelled during period | $ / shares

$ 11.28

Share received in exchange

1

Malone Maffei Transaction

Cash price payable | $ / shares

$ 14

Call price | $ / shares

$ 13.62

Malone Maffei Transaction | Common Class A

Average closing price

110%

Number of consecutive trading days

30 days

Malone Stock Exchange Agreement | Common Class A

Number of shares issued

30,421,522

Call price conversion ratio

1.1

Malone Stock Exchange Agreement | Common Class B

Number of shares transferred

27,655,931

Maffei Stock Exchange Agreement

Period following the vesting of awards

6 months

Threshold percentage of voting power

20%

Maffei Stock Exchange Agreement | Common Class A

Number of shares transferred

229,022

5,378,308

Share received in exchange

1

Former Chief Executive Officer

Employment agreement term

1 year

5 years

Officers' Compensation | $

$ 1,500,000

Annual target cash bonus

100%

Percentage of base salary which can be paid as maximum bonus

240%

CEO | Liberty Media

Relative market capitalization percentage

50%

Blended average of historical time allocation on a Liberty Media-wide and CEO basis weighted average

50%

CEO | Liberty

Employment agreement term

5 years

Annual base salary | $

$ 3,000,000

One-time cash commitment bonus | $

5,000,000

Annual target cash performance bonus | $

17,000,000

Equity award aggregate grant date fair value | $

$ 90,000,000

Number of equal tranches at which award is granted | tranche

2

CEO compensation allocation percentage

13%

17%

19%

Restricted Stock Units (RSUs) | Common Class A

Grants in period

18,797,000

Vested in period

4,475,000

Restricted Stock Units (RSUs) | Common Class B

Grants in period

327,000

Restricted Stock Units (RSUs) | Maffei Waiver Letter and Amendment of Employment Agreement

Number of equal tranches | tranche

2

Restricted Stock Units (RSUs) | Maffei Waiver Letter and Amendment of Employment Agreement | Common Class B

Grants in period

1,101,321

Restricted Stock Units (RSUs) | CEO | Common Class A

Grants in period

596,000

652,000

Performance Shares | Former Chief Executive Officer

Target value of equity awards entitled to be received | $

$ 5,500,000

Performance Shares | CEO | Common Class A

Granted

143,000

Performance Shares | Maximum | Former Chief Executive Officer

Target value of equity awards entitled to be received | $

$ 8,300,000

Time-based RSUs | Former Chief Executive Officer

Target value of equity awards entitled to be received | $

$ 5,500,000

Time-based RSUs | CEO | Common Class A

Granted

509,000

Time-vested options and/or performance-based RSUs | CEO

Grant date fair value | $

$ 17,500,000

Stock Option | CEO | Common Class A

Number of equal tranches at which award is granted | tranche

2

Granted

1,185,000

Option granted on December 24, 2014 | Maffei Waiver Letter and Amendment of Employment Agreement

Cancellation

1,137,228

WAEP forfeited/cancelled during period | $ / shares

$ 16.97

Option granted on March 31, 2015 | Maffei Waiver Letter and Amendment of Employment Agreement

Cancellation

197,783

WAEP forfeited/cancelled during period | $ / shares

$ 16.71

2019 term awards | CEO | Liberty

Aggregate grant date fair value | $

$ 8,550,000

Granted

2,133,697

Granted | $ / shares

$ 8.17

2020 term awards | CEO | Liberty

Aggregate grant date fair value | $

$ 5,850,000

Granted

1,190,529

Granted | $ / shares

$ 10.34

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details)				3 Months Ended			12 Months Ended
	Mar. 25, 2022 shares	Jun. 03, 2021 shares	Sep. 14, 2020 shares	Dec. 31, 2021 $ / shares	Dec. 31, 2020 $ / shares	Sep. 30, 2020 $ / shares shares	Dec. 31, 2022 tranche $ / shares shares	Dec. 31, 2021 tranche $ / shares shares	Dec. 31, 2020 $ / shares shares
Stock-based compensation
Awards Granted							0
RSA and RSU
Stock-based compensation
Special cash dividend | $ / shares				$ 1.25	$ 1.50	$ 1.50
Qurate Retail Chairman Of Board | Restricted Stock Units (RSUs)
Stock-based compensation
Percentage share of salary received by the chairman							50%
Percentage share of salary waived by the chairman							50%
Common Class A
Stock-based compensation
Share received in exchange							1
Common Class A | Maffei Stock Exchange Agreement
Stock-based compensation
Number of shares transferred	229,022	5,378,308
Share received in exchange	1
Common Class A | Restricted Stock Units (RSUs)
Stock-based compensation
Grants in period							18,797,000
Weighted Average GDFV | $ / shares							$ 3.80
Common Class A | Qurate Retail common stock, subsidiary employees | Stock Option
Stock-based compensation
Awards Granted								974,000	4,818,000
Weighted Average GDFV | $ / shares								$ 6.75	$ 1.96
Award vesting period							4 years
Common Class A | Qurate Retail common stock, subsidiary employees | Restricted Stock Units (RSUs)
Stock-based compensation
Grants in period							17,302,000	5,670,000	9,753,000
Weighted Average GDFV | $ / shares							$ 3.82	$ 12.07	$ 4.73
Award vesting period							3 years	4 years	4 years
Common Class A | Qurate Retail Employees and Directors | Stock Option
Stock-based compensation
Awards Granted								63,000	747,000
Weighted Average GDFV | $ / shares								$ 6.18	$ 4.86
Common Class A | Qurate Retail Employees and Directors | Restricted Stock Units (RSUs)
Stock-based compensation
Grants in period							899,000	309,000	298,000
Weighted Average GDFV | $ / shares							$ 2.72	$ 10.30	$ 6.55
Common Class A | Qurate Retail Chairman Of Board | Stock Option
Stock-based compensation
Awards Granted									1,191,000
Weighted Average GDFV | $ / shares									$ 4.88
Common Class A | Qurate Retail Chairman Of Board | Restricted Stock Units (RSUs)
Stock-based compensation
Grants in period									622,000
Weighted Average GDFV | $ / shares									$ 4.62
Common Class A | Qurate Retail Chairman Of Board | Performance Shares
Stock-based compensation
Grants in period								229,000	584,000
Weighted Average GDFV | $ / shares								$ 12.90
Common Class A | Qurate Retail Chairman Of Board | Time-based RSUs
Stock-based compensation
Grants in period							38,000
Common Class A | Liberty Employees | Restricted Stock Units (RSUs)
Stock-based compensation
Award vesting period							1 year
Common Class A | Liberty Employees | Minimum | Stock Option
Stock-based compensation
Award vesting period							2 years
Common Class A | Liberty Employees | Maximum | Stock Option
Stock-based compensation
Award vesting period							4 years
Common Class A | Former Chief Executive Officer | Restricted Stock Units (RSUs)
Stock-based compensation
Grants in period								1,107,000	725,000
Weighted Average GDFV | $ / shares								$ 12.86	$ 4.44
Common Class A | Former Chief Executive Officer | Performance Shares
Stock-based compensation
Awards Granted									725,000
Grants in period								684,000
Award vesting period								1 year	1 year
Common Class A | Former Chief Executive Officer | Time-based RSUs
Stock-based compensation
Grants in period								423,000
Common Class A | CEO | Stock Option
Stock-based compensation
Awards Granted								1,185,000
Weighted Average GDFV | $ / shares								$ 5.02
Number Of Tranches In Which Award Is Granted | tranche							2
Common Class A | CEO | Restricted Stock Units (RSUs)
Stock-based compensation
Grants in period							596,000	652,000
Weighted Average GDFV | $ / shares							$ 4.91	$ 10.50
Award vesting period							1 year
Common Class A | CEO | Performance Shares
Stock-based compensation
Awards Granted								143,000
Common Class A | CEO | Time-based RSUs
Stock-based compensation
Awards Granted								509,000
Award vesting period								3 years
Common Class A | Liberty directors | Stock Option
Stock-based compensation
Award vesting period							1 year
Common Class A | Liberty directors | Restricted Stock Units (RSUs)
Stock-based compensation
Award vesting period							1 year
Common Class B | Restricted Stock Units (RSUs)
Stock-based compensation
Grants in period							327,000
Weighted Average GDFV | $ / shares							$ 4.95
Common Class B | Qurate Retail Chairman Of Board | Restricted Stock Units (RSUs)
Stock-based compensation
Grants in period								1,101,000
Weighted Average GDFV | $ / shares								$ 13.65
Number Of Tranches In Which Award Is Granted | tranche								2
Common Class B | Qurate Retail Chairman Of Board | Performance Shares
Stock-based compensation
Grants in period							327,000
Weighted Average GDFV | $ / shares							$ 4.95
Common Class B | Qurate Retail Chairman Of Board | Time-Based RSAs
Stock-based compensation
Grants in period								1,100,000
Common Class A and B.
Stock-based compensation
Number of shares reserved for issuance							30,000,000
Common Class A and B. | Minimum
Stock-based compensation
Award vesting period							1 year
Term							7 years
Common Class A and B. | Maximum
Stock-based compensation
Award vesting period							5 years
Term							10 years
Common Class A and B. | Qurate Retail Chairman Of Board | Restricted Stock Units (RSUs)
Stock-based compensation
Award vesting period							1 year
8.0% Series A Cumulative Redeemable Preferred Stock
Stock-based compensation
Preferred Stock Dividends Per Share Shares Issued			0.03
8.0% Series A Cumulative Redeemable Preferred Stock | RSA and RSU
Stock-based compensation
Preferred Stock Dividends Per Share Shares Issued						0.03

Stock-Based Compensation - Gran

Stock-Based Compensation - Grants (Details) - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Stock-based compensation
Volatility Rate, Minimum		53.70%	46.80%
Volatility Rate, Maximum		57.10%	54.80%
Number of options
Granted	0
Common Class A
Number of options
Outstanding at beginning of period	42,110
Exercised	(420)
Forfeited/Cancelled	(8,776)
Outstanding at end of period	32,914	42,110
Exercisable at end of period	21,561
WAEP
Outstanding at beginning of period	$ 9.23
Exercised	2.25
Forfeited/Cancelled	11.28
Outstanding at end of period	8.78	$ 9.23
Exercisable at end of period	$ 10.56
Additional disclosures
Weighted average remaining life - options outstanding	2 years 10 months 24 days
Weighted average remaining life - options exercisable	2 years
Common Class B
Number of options
Outstanding at beginning of period	2,221
Outstanding at end of period	2,221	2,221
Exercisable at end of period	2,221
WAEP
Outstanding at beginning of period	$ 12.25
Outstanding at end of period	12.25	$ 12.25
Exercisable at end of period	$ 12.25
Additional disclosures
Weighted average remaining life - options outstanding	9 months 18 days
Weighted average remaining life - options exercisable	9 months 18 days
Minimum
Stock-based compensation
Expected term		5 years 3 months 18 days	5 years 3 months 18 days
Maximum
Stock-based compensation
Expected term		5 years 9 months 18 days	5 years 9 months 18 days

Stock-Based Compensation - GDFV

Stock-Based Compensation - GDFV of RSUs (Details) - Restricted Stock Units (RSUs) shares in Thousands	12 Months Ended
	Dec. 31, 2022 $ / shares shares
Common Class A
Number of shares
RSUs outstanding, Beginning Balance | shares	12,905
Granted | shares	18,797
Vested | shares	(4,475)
Forfeited/Cancelled | shares	(4,061)
RSUs outstanding, Ending Balance | shares	23,166
Weighted Average GDFV
RSUs Outstanding , Beginning Balance | $ / shares	$ 9.38
Granted | $ / shares	3.80
Vested | $ / shares	9.92
Forfeited/Cancelled | $ / shares	7.43
RSUs Outstanding , Ending Balance | $ / shares	$ 5.09
Common Class B
Number of shares
Granted | shares	327
RSUs outstanding, Ending Balance | shares	327
Weighted Average GDFV
Granted | $ / shares	$ 4.95
RSUs Outstanding , Ending Balance | $ / shares	$ 4.95

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	May 23, 2018	Jun. 02, 2015
Stock-based compensation
Dividend rate	0%	0%	0%
Total unrecognized compensation cost related to unvested Awards	$ 101
Weighted average period of recognition related to unvested equity awards (in years)	1 year 6 months
Shares reserved for future issuance upon exercise of stock options	35,100			8,150,000	8,965,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Total Intrinsic Value	$ 1	$ 19	$ 7
Common Class A
Stock-based compensation
Shares reserved for future issuance upon exercise of stock options				4,000,000
Common Class B
Stock-based compensation
Shares reserved for future issuance upon exercise of stock options				150,000
RSA and RSU
Stock-based compensation
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Total Fair Value	$ 25	$ 95	$ 17
RSA and RSU | Common Class A
Stock-based compensation
RSUs Outstanding	23,200
RSUs/RSAs GDFV	$ 5.11
RSA and RSU | Common Class B
Stock-based compensation
RSUs Outstanding	1,400
RSUs/RSAs GDFV	$ 11.66
RSA and RSU | 8.0% Series A Cumulative Redeemable Preferred Stock
Stock-based compensation
RSUs Outstanding	89
Restricted Stock Units (RSUs) | Common Class A
Stock-based compensation
RSUs Outstanding	23,166	12,905
RSUs/RSAs GDFV	$ 5.09	$ 9.38
Restricted Stock Units (RSUs) | Common Class B
Stock-based compensation
RSUs Outstanding	327
RSUs/RSAs GDFV	$ 4.95
Restricted Stock Units (RSUs) | 8.0% Series A Cumulative Redeemable Preferred Stock
Stock-based compensation
RSUs Outstanding	78
Incremental cost	$ 50.01

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Employee Benefit Plans.
Employer cash contributions	$ 29	$ 30	$ 28

Other Comprehensive Earnings _3

Other Comprehensive Earnings (Loss) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Balance	$ 2,986	$ 3,689	$ 4,936
Balance	525	2,986	3,689
Other Comprehensive Income (Loss), before Tax, Portion Attributable to Noncontrolling Interest [Abstract]
Foreign currency translation adjustments, Before-tax amount	(185)	(124)	115
Foreign currency translation adjustments, Tax (expense) benefit	3	(4)	3
Foreign currency translation adjustments, Net-of-tax amount	(182)	(128)	118
Recognition of previously unrealized losses (gains) on debt, net, Before-tax amount	(18)	(3)	(1)
Recognition of previously unrealized losses (gains) on debt, net, Tax (expense) benefit	4	2
Recognition of previously unrealized losses (gains) on debt, net, Net-of-tax amount	(14)	(1)	(1)
Comprehensive earnings (loss) attributable to debt credit risk adjustments, Before-tax amount	365	(42)	22
Comprehensive earnings (loss) attributable to debt credit risk adjustments, Tax (expense) benefit	(88)	6	(5)
Comprehensive earnings (loss) attributable to debt credit risk adjustments, Net of tax amount	277	(36)	17
Other comprehensive earnings (loss), Before-tax amount	162	(169)	136
Other Comprehensive earnings (loss), Tax (expense) benefit	(81)	4	(2)
Other comprehensive earnings (loss)	81	(165)	134
Accumulated Translation Adjustment [Member]
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Balance	(183)	(70)	(181)
Other comprehensive earnings (loss) attributable to Qurate Retail, Inc. stockholders	(166)	(113)	111
Balance	(349)	(183)	(70)
Accumulated other comprehensive income (loss) of equity method affiliates [Member]
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Balance	(5)	(5)	(5)
Balance	(5)	(5)	(5)
Comprehensive Earnings Loss Attributable To Debt Credit Risk Adjustment
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Balance	21	57	40
Other comprehensive earnings (loss) attributable to Qurate Retail, Inc. stockholders	277	(36)	17
Balance	298	21	57
Other
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Balance	88	90	91
Other comprehensive earnings (loss) attributable to Qurate Retail, Inc. stockholders	(14)	(2)	(1)
Balance	74	88	90
Accumulated Other Comprehensive Earnings (loss), Net of taxes
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Balance	(79)	72	(55)
Other comprehensive earnings (loss) attributable to Qurate Retail, Inc. stockholders	97	(151)	127
Balance	18	(79)	72
Other Comprehensive Income (Loss), before Tax, Portion Attributable to Noncontrolling Interest [Abstract]
Other comprehensive earnings (loss)	$ 97	$ (151)	$ 127

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Unusual or Infrequent Item, or Both [Line Items]
Gain on restructuring and fire-related costs, net of recoveries	$ 132
Gain on restructuring and fire-related costs, net of recoveries	92	$ (21)
QVC | Workforce reduction
Unusual or Infrequent Item, or Both [Line Items]
Restructuring charges	24
Zulily | Facility Closing
Unusual or Infrequent Item, or Both [Line Items]
Restructuring charges	13
Other restructuring costs	9
Severance Costs	4
Natural Disasters and Other Casualty Events | QVC
Unusual or Infrequent Item, or Both [Line Items]
Fire related costs	157	250
Insurance recoveries		229
Fire related costs, recovery deemed	59
Insurance costs not reimbursed	3
Loss on inventory	95
Insurance recoveries received	280	100
Gain on restructuring and fire-related costs, net of recoveries	132
Insurance receivable	$ 40	$ 129

Information About Qurate Reta_3

Information About Qurate Retail's Operating Segments - Performance Measures (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Total revenue, net	$ 12,106	$ 14,044	$ 14,177
Adjusted OIBDA	1,064	2,080	2,198
QxH
Segment Reporting Information [Line Items]
Total revenue, net	7,359	8,277	8,505
QVC International
Segment Reporting Information [Line Items]
Total revenue, net	2,528	3,077	2,967
CBI
Segment Reporting Information [Line Items]
Total revenue, net	1,313	1,238	1,070
Operating Segments | QxH
Segment Reporting Information [Line Items]
Total revenue, net	7,359	8,277	8,505
Adjusted OIBDA	750	1,439	1,547
Operating Segments | QVC International
Segment Reporting Information [Line Items]
Total revenue, net	2,528	3,077	2,967
Adjusted OIBDA	358	562	510
Operating Segments | CBI
Segment Reporting Information [Line Items]
Total revenue, net	1,313	1,238	1,070
Adjusted OIBDA	78	137	94
Corporate and Other
Segment Reporting Information [Line Items]
Total revenue, net	906	1,453	1,636
Adjusted OIBDA	$ (122)	(58)	47
Inter-segment eliminations
Segment Reporting Information [Line Items]
Total revenue, net		$ (1)	$ (1)

Information About Qurate Reta_4

Information About Qurate Retail's Operating Segments - Other Information By Segment (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Information about Qurate Retail's operating segments
Total assets	$ 12,571	$ 16,202
Capital expenditures	268	244	$ 257
Operating Segments | QxH
Information about Qurate Retail's operating segments
Total assets	8,731	12,302
Capital expenditures	178	169
Operating Segments | QVC International
Information about Qurate Retail's operating segments
Total assets	1,933	2,214
Capital expenditures	38	41
Operating Segments | CBI
Information about Qurate Retail's operating segments
Total assets	558	485
Capital expenditures	39	14
Corporate and Other
Information about Qurate Retail's operating segments
Total assets	1,349	1,201
Capital expenditures	$ 13	$ 20

Information About Qurate Reta_5

Information About Qurate Retail's Operating Segments - Reconciliation Of Segment Adjusted OIBDA To Earnings (Loss) From Continuing Operations Before Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Information About Qurate Retail's Operating Segments
Adjusted OIBDA	$ 1,064	$ 2,080	$ 2,198
Stock-based compensation	(60)	(72)	(64)
Depreciation and amortization	(481)	(537)	(562)
Restructuring and fire related (costs), net of recoveries	(3)	(21)
Gain on sale leaseback transactions	520
Impairment of intangible assets	(3,081)	(363)
Operating income (loss)	(2,041)	1,087	1,572
Interest expense	(456)	(468)	(408)
Share of earnings (losses) of affiliates, net	(1)	(94)	(156)
Realized and unrealized gains (losses) on financial instruments, net	41	99	(110)
Gains (losses) on transactions, net		10	224
Tax sharing income (expense) with Liberty Broadband	79	10	(39)
Other, net	70	(6)	(32)
Earnings (loss) from continuing operations before income taxes	$ (2,308)	$ 638	$ 1,051

Information About Qurate Reta_6

Information About Qurate Retail's Operating Segments - Information By Geographic Area (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Information about Qurate Retail's operating segments
Total revenue, net	$ 12,106	$ 14,044	$ 14,177
Long-Lived Assets	570	1,030
United States
Information about Qurate Retail's operating segments
Total revenue, net	9,514	10,864	11,119
Long-Lived Assets	378	686
Japan
Information about Qurate Retail's operating segments
Total revenue, net	1,017	1,167	1,132
Long-Lived Assets	104	123
Germany
Information about Qurate Retail's operating segments
Total revenue, net	813	1,027	978
Long-Lived Assets	36	121
Other Foreign Countries
Information about Qurate Retail's operating segments
Total revenue, net	762	986	$ 948
Long-Lived Assets	$ 52	$ 100