| Cash Flow | 2025-12-31 |
|---|---|
| Net earnings (loss) | -2,127 |
| Depreciation and amortization | 369 |
| Impairment of intangibles assets | 930 |
| Impairment of goodwill | 1,465 |
| Stock-based compensation | 15 |
| Gains on sales of assets and sale leaseback transactions | 5 |
| Deferred income tax expense (benefit) | -222 |
| Non-cash lease expense | 101 |
| Other charges, net | -1 |
| Gain on insurance proceeds, net of fire related costs | 0 |
| Insurance proceeds received for operating expenses and business interruption losses | 0 |
| Decrease (increase) in trade and other receivables | -118 |
| Decrease (increase) in inventories | -92 |
| Decrease (increase) in other current assets | -4 |
| (decrease) increase in accounts payable | -72 |
| (decrease) increase in accrued and other liabilities | -248 |
| Net cash provided (used) by operating activities | 419 |
| Capital expenditures | 132 |
| Expenditures for television distribution rights | 93 |
| Proceeds from sale of fixed assets | 12 |
| Proceeds from derivative instruments | 0 |
| Payments for derivative instruments | 0 |
| Insurance proceeds received for fixed asset loss | 0 |
| Other investing activities | 8 |
| Net cash provided (used) by investing activities | -221 |
| Borrowings of debt | 1,986 |
| Repayments of debt | 868 |
| Dividends paid to noncontrolling interest | 44 |
| Dividends paid to qvc group, inc-QVCGroup | 42 |
| Capital contributions received from qvc group, inc-Liberty | 0 |
| Other financing activities, net | 5 |
| Net cash provided (used) by financing activities | 1,027 |
| Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash | 17 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 1,242 |
| Cash, cash equivalents and restricted cash, beginning of year | 315 |
| Cash, cash equivalents and restricted cash, end of year | 1,557 |
QVC INC (QVCD)
QVC INC (QVCD)