QVC INC
For the period ended Dec 31, 2023. Filed Feb 28, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 28, 2024
QVCG$8.08+7.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statement of Equity
Consolidated Statements of Equity
| Common stock · Additional paid-in capital · Accumulated deficit · Accumulated othercomprehensive loss · Noncontrolling interest · Total equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| (in millions, except share data) · Shares · Amount | ||||||||||
| Balance, December 31, 2020 | 1 | $— | 10,741 | (2,766) | (17) | 133 | 8,091 | |||
| Net income | — | — | — | 787 | — | 64 | 851 | |||
| Other comprehensive income (loss) | — | — | — | — | (129) | (15) | (144) | |||
| Dividends paid to Qurate Retail, Inc. and noncontrolling interest | — | — | — | (963) | — | (60) | (1,023) | |||
| Impact of tax liability allocation and indemnification agreement with Qurate Retail, Inc. | — | — | 73 | — | — | — | 73 | |||
| Withholding taxes on net share settlements of stock-based compensation | — | — | (20) | — | — | — | (20) | |||
| Stock-based compensation | — | — | 44 | — | — | — | 44 | |||
| Common control transaction with Qurate Retail, Inc. | — | — | (151) | — | — | (151) | ||||
| Balance, December 31, 2021 | 1 | — | 10,687 | (2,942) | (146) | 122 | 7,721 | |||
| Net loss | — | — | — | (1,867) | — | 57 | (1,810) | |||
| Other comprehensive income (loss) | — | — | — | — | (166) | (16) | (182) | |||
| Dividends paid to Qurate Retail, Inc. and noncontrolling interest | — | — | — | (1,270) | — | (68) | (1,338) | |||
| Impact of tax liability allocation and indemnification agreement with Qurate Retail, Inc. | — | — | — | (1) | — | — | (1) | |||
| Withholding taxes on net share settlements of stock-based compensation | — | — | (5) | — | — | — | (5) | |||
| Stock-based compensation | — | — | 36 | — | — | — | 36 | |||
| Common control transaction with Qurate Retail, Inc. | — | — | 151 | — | — | — | 151 | |||
| Balance, December 31, 2022 | 1 | — | 10,869 | (6,080) | (312) | 95 | 4,572 | |||
| Net income | — | — | — | 159 | — | 52 | 211 | |||
| Other comprehensive income (loss) | — | — | — | — | 22 | (7) | 15 | |||
| Dividends paid to Qurate Retail, Inc. and noncontrolling interest | — | — | — | (437) | — | (53) | (490) | |||
| Impact of tax liability allocation and indemnification agreement with Qurate Retail, Inc. | — | — | — | (3) | — | — | (3) | |||
| Stock-based compensation | — | — | 32 | — | — | — | 32 | |||
| Balance, December 31, 2023 | 1 | $— | 10,901 | (6,361) | (290) | 87 | 4,337 | |||
II-29
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.