v3.26.1
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Schedule of Trade and Other Receivable Trade and Other Receivables consisted of the following:
December 31,
(in millions)20252024
Installment payment option$816 946 
Major credit cards and customers179 205 
Trade accounts receivable995 1,151 
Other receivables124 83 
Trade and other receivables1,119 1,234 
Less: allowance for credit losses(79)(91)
Trade and other receivables, net$1,040 1,143 
Schedule of Activity in the Allowance for Credit Losses
A summary of activity in the allowance for credit losses is as follows:
Balance beginning of yearAdditionsBalance end of year
Charged to expenseOtherDeductions- write-offs
amounts in millions
2025$91 50 — (62)79 
2024$102 57 (1)(67)91 
2023$111 59 (6)(62)102 
Schedule of Property and Equipment
Property and equipment consisted of the following:
December 31,Estimated useful
($ in millions)20252024life
Land$45 63 N/A
Buildings and improvements416 452 
2 - 40 years
Furniture and other equipment623 614 
2 - 15 years
Broadcast equipment120 133 
2 - 7 years
Computer equipment129 147 
2 - 5 years
Projects in progress42 51 N/A
Total property and equipment1,375 1,460 
Less: accumulated depreciation(974)(958)
Property and equipment, net$401 502 
N/A - Not applicable.
Schedule of Disaggregation of Revenue
Disaggregated revenue by segment and product category consisted of the following:
Year ended December 31, 2025
QxHQVC Int'lCBICorp and otherTotal
amounts in millions
Home$2,389 956 770 — 4,115 
Apparel1,094 422 167 — 1,683 
Beauty883 545 — — 1,428 
Accessories708 206 — — 914 
Electronics441 66 — — 507 
Jewelry273 161 — — 434 
Other revenue148 1 — — 149 
Total Revenue$5,936 2,357 937 — 9,230 
Year ended December 31, 2024
QxHQVC Int'l CBICorp and other Total
amounts in millions
Home $2,626 975 864 — 4,465 
Apparel 1,177 418 176 — 1,771 
Beauty 1,010 566 — — 1,576 
Accessories 799 208 — — 1,007 
Electronics 539 69 — — 608 
Jewelry 293 161 — — 454 
Other revenue 154 2 — — 156 
Total Revenue $6,598 2,399 1,040 — 10,037 
Year ended December 31, 2023
QxHQVC Int'l CBICorp and other Total
amounts in millions
Home $2,768 982 984 76 4,810 
Apparel 1,207 436 181 113 1,937 
Beauty 1,083 588 — 14 1,685 
Accessories 846 208 — 79 1,133 
Electronics 617 68 — 2 687 
Jewelry 304 165 — 11 480 
Other revenue 170 7 — 6 183 
Total Revenue $6,995 2,454 1,165 301 10,915 
Schedule of Activity in Allowance for Sales Returns 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
2025$1901,540(1,572)158
2024$2191,734(1,763)190
2023$2151,898(1,894)219
Schedule of WASO
EPS for all periods through December 31, 2025, is based on the following WASO. Excluded from diluted EPS for each of the years ended December 31, 2025, 2024 and 2023, are less than one million potentially dilutive common shares because their inclusion would be antidilutive.
Years ended December 31,
202520242023
number of shares in thousands
Basic WASO8,0517,9207,735
Dilutive shares (1)———
Diluted WASO8,0517,9207,735
(1) Diluted earnings (loss) per share considers the impact of potentially dilutive securities except in periods in which there is a loss because the inclusion of the potential common shares would have an antidilutive effect.