Quarterly Financial Information (unaudited)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information (Unaudited) [Abstract]

Quarterly Financial Information (Unaudited)

(18) Quarterly Financial Information (Unaudited)

As discussed in note 5, on March 9, 2018, Qurate Retail completed the GCI Liberty Split-Off. The unaudited quarterly information below for 2018 reflects Qurate Retail’s interest in Liberty Broadband as a discontinued operation for all periods presented.

	1st		2nd	3rd	4th
	Quarter		Quarter	Quarter	Quarter
	amounts in millions,
	except per share amounts
2019:
Revenue	$	3,085	3,111	3,089	4,173
Operating income	$	288	336	(727)	287
Net earnings (loss)	$	66	130	(755)	154
Net earnings (loss) attributable to Qurate Retail, Inc. stockholders:
Series A and Series B Qurate Retail common stock	$	55	118	(770)	141
Series A and Series B Liberty Ventures common stock	$	NA	NA	NA	NA
Basic net earnings (loss) from continuing operations attributable to Qurate Retail, Inc. stockholders per common share:
Series A and Series B Qurate Retail common stock	$	0.13	0.28	(1.85)	0.34
Series A and Series B Liberty Ventures common stock	$	NA	NA	NA	NA
Diluted net earnings (loss) from continuing operations attributable to Qurate Retail, Inc. stockholders per common share:
Series A and Series B Qurate Retail common stock	$	0.13	0.28	(1.85)	0.34
Series A and Series B Liberty Ventures common stock	$	NA	NA	NA	NA
Basic net earnings (loss) attributable to Qurate Retail, Inc. stockholders per common share:
Series A and Series B Qurate Retail common stock	$	0.13	0.28	(1.85)	0.34
Series A and Series B Liberty Ventures common stock	$	NA	NA	NA	NA
Diluted net earnings (loss) attributable to Qurate Retail, Inc. stockholders per common share:
Series A and Series B Qurate Retail common stock	$	0.13	0.28	(1.85)	0.34
Series A and Series B Liberty Ventures common stock	$	NA	NA	NA	NA

	1st		2nd	3rd	4th
	Quarter		Quarter	Quarter	Quarter
	amounts in millions,
	except per share amounts
2018:
Revenue	$	3,230	3,233	3,231	4,376
Operating income	$	294	358	237	435
Net earnings (loss)	$	397	198	82	287
Net earnings (loss) attributable to Qurate Retail, Inc. stockholders:
Series A and Series B Qurate Retail common stock	$	142	187	72	273
Series A and Series B Liberty Ventures common stock	$	242	NA	NA	NA
Basic net earnings (loss) from continuing operations attributable to Qurate Retail, Inc. stockholders per common share:
Series A and Series B Qurate Retail common stock	$	0.30	0.40	0.16	0.61
Series A and Series B Liberty Ventures common stock	$	1.17	NA	NA	NA
Diluted net earnings (loss) from continuing operations attributable to Qurate Retail, Inc. stockholders per common share:
Series A and Series B Qurate Retail common stock	$	0.30	0.40	0.16	0.61
Series A and Series B Liberty Ventures common stock	$	1.16	NA	NA	NA
Basic net earnings (loss) attributable to Qurate Retail, Inc. stockholders per common share:
Series A and Series B Qurate Retail common stock	$	0.30	0.40	0.16	0.61
Series A and Series B Liberty Ventures common stock	$	2.81	NA	NA	NA
Diluted net earnings (loss) attributable to Qurate Retail, Inc. stockholders per common share:
Series A and Series B Qurate Retail common stock	$	0.30	0.40	0.16	0.61
Series A and Series B Liberty Ventures common stock	$	2.78	NA	NA	NA