the company 's results are attributed to the qvc group and the ventures group through march 9 , 2018. on march 9 , 2018 , qurate retail completed the transactions contemplated by the agreement and plan of reorganization ( as amended , the “ reorganization agreement , ” and the transactions contemplated thereby , the “ transactions ” ) among general communication , inc. ( “ gci ” ) , an alaska corporation , and liberty interactive llc , a delaware limited liability company and a direct wholly-owned subsidiary of qurate retail ( “ li llc ” ) . pursuant to the reorganization agreement , gci amended and restated its articles of incorporation ( which resulted in gci being renamed gci liberty , inc. ( “ gci liberty ” ) ) and effected a reclassification and auto conversion of its common stock . after market close on march 8 , 2018 , qurate retail 's board of directors approved the reattribution of certain assets and liabilities from qurate retail 's ventures group to its qvc group , which was effective immediately . the reattributed assets and liabilities included cash , qurate retail 's interest in ilg , certain green energy investments , li llc 's exchangeable debentures , and certain tax benefits . following these events , qurate retail acquired gci liberty through a reorganization in which certain qurate retail interests , assets and liabilities attributed to the ventures group were contributed ( the “ contribution ” ) to gci liberty in exchange for a controlling interest in gci liberty . qurate retail and li llc contributed to gci liberty their entire equity interest in liberty broadband , charter , and lendingtree , the evite operating business and other assets and liabilities attributed to qurate retail 's venture group ( following the reattribution ) , in exchange for ( a ) the issuance to li llc of a number of shares of gci liberty class a common stock and a number of shares of gci liberty class b common stock ii-3 equal to the number of outstanding shares of series a liberty ventures common stock and series b liberty ventures common stock on march 9 , 2018 , respectively , ( b ) cash and ( c ) the assumption of certain liabilities by gci liberty . following the contribution , qurate retail effected a tax-free separation of its controlling interest in the combined company ( the “ gci liberty split-off ” ) , gci liberty , to the holders of liberty ventures common stock in full redemption of all outstanding shares of such stock , in which each outstanding share of series a liberty ventures common stock was redeemed for one share of gci liberty class a common stock and each outstanding share of series b liberty ventures common stock was redeemed for one share of gci liberty class b common stock . simultaneous with the closing of the transactions , qvc group common stock became the only outstanding common stock of qurate retail , and thus qvc group common stock ceased to function as a tracking stock . on april 9 , 2018 , liberty interactive corporation was renamed qurate retail , inc. on may 23 , 2018 , qurate retail amended its charter to eliminate the tracking stock capitalization structure and reclassify each share of qvc group common stock into one share of the corresponding series of new common stock of qurate retail . throughout this annual report , we refer to our series a and series b common stock as “ qurate retail common stock ” and “ qvc group common stock . ” in july 2018 , the internal revenue service ( “ irs ” ) completed its review of the gci liberty split-off and informed qurate retail that it agreed with the nontaxable characterization of the transactions . qurate retail received an issue resolution agreement from the irs documenting this conclusion . on october 17 , 2018 , qurate retail announced a series of initiatives designed to better position its hsn and qvc u.s. businesses ( “ qrg initiatives ” ) . as part of the qrg initiatives , qvc will close its fulfillment centers in lancaster , pennsylvania and roanoke , virginia and leased a new fulfillment center in bethlehem , pennsylvania , that commenced in 2019 ( see note 8 to the accompanying consolidated financial statements ) . expenditures related to the qrg initiatives are recorded as part of transaction related costs . qurate retail recorded transaction related costs of $ 41 million during the year ended december 31 , 2018 , which primarily related to severance as a result of the qrg initiatives . also , as a result of changes in internal reporting from the qrg initiatives , during the first quarter of 2019 the company changed its reportable segments to combine hsn and qvc u.s. into one reportable segment called “ qxh . ” in december 2019 , the novel coronavirus ( “ covid-19 ” ) was reported to have surfaced in wuhan , china and has subsequently spread across the globe causing a global pandemic , impacting all countries where qurate retail operates . as a result of the spread of the virus , certain local governmental agencies have imposed travel restrictions , local quarantines or stay at home restrictions to contain the spread , which has caused a significant disruption to most sectors of the economy . in response to these stay at home restrictions , qvc has mandated that non-essential employees work from home , has reduced the number of employees who are allowed on its production set and has implemented increased cleaning protocols , social distancing measures and temperature screenings for those employees who enter into certain facilities . in some cases , the move to a work from home arrangement for qvc 's non-essential employees will be permanent , which may result in the reduction of office space . story_separator_special_tag operating losses for corporate and other improved $ 41 million for the year ended december 31 , 2019 , as compared to the corresponding prior year period , primarily due to a reduction in operating losses at cornerstone as a result of the shutdown of one of the home brands in cornerstone 's portfolio during the fourth quarter of 2018 , along with the elimination of corporate costs at the liberty ventures group due to the gci liberty split-off in 2018. adjusted oibda . to provide investors with additional information regarding our financial results , we also disclose adjusted oibda , which is a non-gaap financial measure . we define adjusted oibda as operating income ( loss ) plus depreciation and amortization , stock-based compensation , separately reported litigation settlements , transaction related costs ( including restructuring , integration , and advisory fees ) and impairments . our chief operating decision maker and management team use this measure of performance in conjunction with other measures to evaluate our businesses and make decisions about allocating resources among our businesses . we believe this is an important indicator of the operational strength and performance of our businesses by identifying those items that are not directly a reflection of each business ' performance or indicative of ongoing business trends . in addition , this measure allows us to view operating results , perform analytical comparisons and benchmarking between businesses and identify strategies to improve performance . adjusted oibda should be considered in addition to , but not as a substitute for , operating income , net income , cash flows provided by operating activities and other measures of financial performance prepared in accordance with u.s. generally accepted accounting principles . ​ ii-8 the following table provides a reconciliation of operating income ( loss ) to adjusted oibda . replace_table_token_4_th consolidated adjusted oibda increased $ 169 million and decreased $ 125 million for the years ended december 31 , 2020 and 2019 , respectively , as compared to the corresponding prior year periods . qvc international , zulily and qxh adjusted oibda increased $ 64 million , $ 35 million and $ 11 million for the year ended december 31 , 2020 , respectively , as compared to the corresponding prior year period . see `` results of operations - businesses `` below for a more complete discussion of the results of operations of qvc and zulily . corporate and other adjusted oibda increased $ 59 million for the year ended december 31 , 2020 , as compared to the corresponding period in the prior year due to higher adjusted oibda at cornerstone due to strong home category revenue and product margin performance . qxh and zulily adjusted oibda decreased $ 94 million and $ 60 million , respectively , for the year ended december 31 , 2019 , as compared to the same period in the prior year . qvc international adjusted oibda increased $ 17 million for the year ended december 31 , 2019 , as compared to the same period in the prior year , primarily due to the closure of qvc 's operations in france in march of 2019 . adjusted oibda losses related to qvc france were $ 6 million and $ 32 million for the years ended december 31 , 2019 and december 31 , 2018 , respectively . see `` results of operations - businesses `` below for a more complete discussion of the results of operations of qvc and zulily . corporate and other adjusted oibda increased $ 12 million for the year ended december 31 , 2019 , as compared to the corresponding period in the prior year due to higher adjusted oibda at cornerstone due to the impacts of the shutdown of one of the home brands in cornerstone 's portfolio discussed above and improved performance in the businesses ' home segment , and the elimination of corporate costs at the liberty ventures group due to the gci liberty split-off . other income and expense components of other income ( expense ) are presented in the table below . replace_table_token_5_th ​ interest expense . interest expense increased $ 34 million and decreased $ 7 million for the years ended december 31 , 2020 and 2019 , respectively , as compared to the corresponding prior year periods . the increase for the year ended december 31 , 2020 is due to qvc refinancing its borrowings on its senior secured credit facility with newly issued ii-9 senior secured notes , which have higher interest rates , as well as dividends incurred and paid related to the preferred stock during the period recorded through interest expense due to the accounting treatment , partially offset by lower outstanding debt balances due to repayment of amounts outstanding on qvc 's senior secured credit facility . the decrease for the year ended december 31 , 2019 is due to lower average debt balances during 2019 compared to the prior year as well as a reduction in the variable interest rate on qvc 's bank credit facilities compared to the prior year . share of earnings ( losses ) of affiliates . share of losses of affiliates decreased $ 4 million and $ 2 million during the years ended december 31 , 2020 and 2019 , respectively , as compared to the corresponding prior year periods . the decrease in 2020 is due to fewer losses related to the company 's alternative energy solutions entities compared to the prior year , almost completely offset by an increase in share of losses due to an other than temporary impairment of qvc 's china equity method investment . the decrease in 2019 was due to the fact that the prior year included losses related to the company 's former investment in ftd companies , inc. ( “ ftd ” ) , partially offset by increased losses at the company 's alternative energy solution entities due to continued investment in such ventures . these

cash and cash ​ ​ ​ equivalents ​ ​ ​ amounts in millions qvc $ 682 zulily ​ ​ 6 ​ corporate and other ​ 118 total qurate retail $ 806 ​ ​ ​ ​ ​ ​ to the extent that the company recognizes any taxable gains from the sale of assets , we may incur tax expense and be required to make tax payments , thereby reducing any cash proceeds . additionally , we have $ 2.93 billion available for borrowing under the qvc bank credit facility at december 31 , 2020. as of december 31 , 2020 , qvc had approximately $ 380 million of cash and cash equivalents held in foreign subsidiaries that is available for domestic purposes with no significant tax consequences upon repatriation to the u.s. qvc accrues taxes on the unremitted earnings of its international subsidiaries . approximately 63 % of this foreign cash balance was that of qvc japan . qvc owns 60 % of qvc japan and shares all profits and losses with the 40 % minority interest holder , mitsui & co , ltd. additionally , our operating businesses have generated , on average , more than $ 1 billion in annual cash provided by operating activities over the prior three years and we do not anticipate any significant reductions in that amount in future periods . replace_table_token_7_th ​ during the year ended december 31 , 2020 , qurate retail 's primary uses of cash were payment of cash dividends to common stockholders of $ 1.3 billion , net debt repayments of $ 779 million , capital expenditures of $ 257 million , investments in and loans to equity method investments of $ 119 million and repurchases of common stock of $ 70 million , partially offset by proceeds from dispositions of investments of $ 271 million , which primarily related to the sale of an investment in an alternative energy company accounted for as an equity method investment .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```cash and cash ​ ​ ​ equivalents ​ ​ ​ amounts in millions qvc $ 682 zulily ​ ​ 6 ​ corporate and other ​ 118 total qurate retail $ 806 ​ ​ ​ ​ ​ ​ to the extent that the company recognizes any taxable gains from the sale of assets , we may incur tax expense and be required to make tax payments , thereby reducing any cash proceeds . additionally , we have $ 2.93 billion available for borrowing under the qvc bank credit facility at december 31 , 2020. as of december 31 , 2020 , qvc had approximately $ 380 million of cash and cash equivalents held in foreign subsidiaries that is available for domestic purposes with no significant tax consequences upon repatriation to the u.s. qvc accrues taxes on the unremitted earnings of its international subsidiaries . approximately 63 % of this foreign cash balance was that of qvc japan . qvc owns 60 % of qvc japan and shares all profits and losses with the 40 % minority interest holder , mitsui & co , ltd. additionally , our operating businesses have generated , on average , more than $ 1 billion in annual cash provided by operating activities over the prior three years and we do not anticipate any significant reductions in that amount in future periods . replace_table_token_7_th ​ during the year ended december 31 , 2020 , qurate retail 's primary uses of cash were payment of cash dividends to common stockholders of $ 1.3 billion , net debt repayments of $ 779 million , capital expenditures of $ 257 million , investments in and loans to equity method investments of $ 119 million and repurchases of common stock of $ 70 million , partially offset by proceeds from dispositions of investments of $ 271 million , which primarily related to the sale of an investment in an alternative energy company accounted for as an equity method investment .
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 Suspicious Activity Report : the company 's results are attributed to the qvc group and the ventures group through march 9 , 2018. on march 9 , 2018 , qurate retail completed the transactions contemplated by the agreement and plan of reorganization ( as amended , the “ reorganization agreement , ” and the transactions contemplated thereby , the “ transactions ” ) among general communication , inc. ( “ gci ” ) , an alaska corporation , and liberty interactive llc , a delaware limited liability company and a direct wholly-owned subsidiary of qurate retail ( “ li llc ” ) . pursuant to the reorganization agreement , gci amended and restated its articles of incorporation ( which resulted in gci being renamed gci liberty , inc. ( “ gci liberty ” ) ) and effected a reclassification and auto conversion of its common stock . after market close on march 8 , 2018 , qurate retail 's board of directors approved the reattribution of certain assets and liabilities from qurate retail 's ventures group to its qvc group , which was effective immediately . the reattributed assets and liabilities included cash , qurate retail 's interest in ilg , certain green energy investments , li llc 's exchangeable debentures , and certain tax benefits . following these events , qurate retail acquired gci liberty through a reorganization in which certain qurate retail interests , assets and liabilities attributed to the ventures group were contributed ( the “ contribution ” ) to gci liberty in exchange for a controlling interest in gci liberty . qurate retail and li llc contributed to gci liberty their entire equity interest in liberty broadband , charter , and lendingtree , the evite operating business and other assets and liabilities attributed to qurate retail 's venture group ( following the reattribution ) , in exchange for ( a ) the issuance to li llc of a number of shares of gci liberty class a common stock and a number of shares of gci liberty class b common stock ii-3 equal to the number of outstanding shares of series a liberty ventures common stock and series b liberty ventures common stock on march 9 , 2018 , respectively , ( b ) cash and ( c ) the assumption of certain liabilities by gci liberty . following the contribution , qurate retail effected a tax-free separation of its controlling interest in the combined company ( the “ gci liberty split-off ” ) , gci liberty , to the holders of liberty ventures common stock in full redemption of all outstanding shares of such stock , in which each outstanding share of series a liberty ventures common stock was redeemed for one share of gci liberty class a common stock and each outstanding share of series b liberty ventures common stock was redeemed for one share of gci liberty class b common stock . simultaneous with the closing of the transactions , qvc group common stock became the only outstanding common stock of qurate retail , and thus qvc group common stock ceased to function as a tracking stock . on april 9 , 2018 , liberty interactive corporation was renamed qurate retail , inc. on may 23 , 2018 , qurate retail amended its charter to eliminate the tracking stock capitalization structure and reclassify each share of qvc group common stock into one share of the corresponding series of new common stock of qurate retail . throughout this annual report , we refer to our series a and series b common stock as “ qurate retail common stock ” and “ qvc group common stock . ” in july 2018 , the internal revenue service ( “ irs ” ) completed its review of the gci liberty split-off and informed qurate retail that it agreed with the nontaxable characterization of the transactions . qurate retail received an issue resolution agreement from the irs documenting this conclusion . on october 17 , 2018 , qurate retail announced a series of initiatives designed to better position its hsn and qvc u.s. businesses ( “ qrg initiatives ” ) . as part of the qrg initiatives , qvc will close its fulfillment centers in lancaster , pennsylvania and roanoke , virginia and leased a new fulfillment center in bethlehem , pennsylvania , that commenced in 2019 ( see note 8 to the accompanying consolidated financial statements ) . expenditures related to the qrg initiatives are recorded as part of transaction related costs . qurate retail recorded transaction related costs of $ 41 million during the year ended december 31 , 2018 , which primarily related to severance as a result of the qrg initiatives . also , as a result of changes in internal reporting from the qrg initiatives , during the first quarter of 2019 the company changed its reportable segments to combine hsn and qvc u.s. into one reportable segment called “ qxh . ” in december 2019 , the novel coronavirus ( “ covid-19 ” ) was reported to have surfaced in wuhan , china and has subsequently spread across the globe causing a global pandemic , impacting all countries where qurate retail operates . as a result of the spread of the virus , certain local governmental agencies have imposed travel restrictions , local quarantines or stay at home restrictions to contain the spread , which has caused a significant disruption to most sectors of the economy . in response to these stay at home restrictions , qvc has mandated that non-essential employees work from home , has reduced the number of employees who are allowed on its production set and has implemented increased cleaning protocols , social distancing measures and temperature screenings for those employees who enter into certain facilities . in some cases , the move to a work from home arrangement for qvc 's non-essential employees will be permanent , which may result in the reduction of office space . story_separator_special_tag operating losses for corporate and other improved $ 41 million for the year ended december 31 , 2019 , as compared to the corresponding prior year period , primarily due to a reduction in operating losses at cornerstone as a result of the shutdown of one of the home brands in cornerstone 's portfolio during the fourth quarter of 2018 , along with the elimination of corporate costs at the liberty ventures group due to the gci liberty split-off in 2018. adjusted oibda . to provide investors with additional information regarding our financial results , we also disclose adjusted oibda , which is a non-gaap financial measure . we define adjusted oibda as operating income ( loss ) plus depreciation and amortization , stock-based compensation , separately reported litigation settlements , transaction related costs ( including restructuring , integration , and advisory fees ) and impairments . our chief operating decision maker and management team use this measure of performance in conjunction with other measures to evaluate our businesses and make decisions about allocating resources among our businesses . we believe this is an important indicator of the operational strength and performance of our businesses by identifying those items that are not directly a reflection of each business ' performance or indicative of ongoing business trends . in addition , this measure allows us to view operating results , perform analytical comparisons and benchmarking between businesses and identify strategies to improve performance . adjusted oibda should be considered in addition to , but not as a substitute for , operating income , net income , cash flows provided by operating activities and other measures of financial performance prepared in accordance with u.s. generally accepted accounting principles . ​ ii-8 the following table provides a reconciliation of operating income ( loss ) to adjusted oibda . replace_table_token_4_th consolidated adjusted oibda increased $ 169 million and decreased $ 125 million for the years ended december 31 , 2020 and 2019 , respectively , as compared to the corresponding prior year periods . qvc international , zulily and qxh adjusted oibda increased $ 64 million , $ 35 million and $ 11 million for the year ended december 31 , 2020 , respectively , as compared to the corresponding prior year period . see `` results of operations - businesses `` below for a more complete discussion of the results of operations of qvc and zulily . corporate and other adjusted oibda increased $ 59 million for the year ended december 31 , 2020 , as compared to the corresponding period in the prior year due to higher adjusted oibda at cornerstone due to strong home category revenue and product margin performance . qxh and zulily adjusted oibda decreased $ 94 million and $ 60 million , respectively , for the year ended december 31 , 2019 , as compared to the same period in the prior year . qvc international adjusted oibda increased $ 17 million for the year ended december 31 , 2019 , as compared to the same period in the prior year , primarily due to the closure of qvc 's operations in france in march of 2019 . adjusted oibda losses related to qvc france were $ 6 million and $ 32 million for the years ended december 31 , 2019 and december 31 , 2018 , respectively . see `` results of operations - businesses `` below for a more complete discussion of the results of operations of qvc and zulily . corporate and other adjusted oibda increased $ 12 million for the year ended december 31 , 2019 , as compared to the corresponding period in the prior year due to higher adjusted oibda at cornerstone due to the impacts of the shutdown of one of the home brands in cornerstone 's portfolio discussed above and improved performance in the businesses ' home segment , and the elimination of corporate costs at the liberty ventures group due to the gci liberty split-off . other income and expense components of other income ( expense ) are presented in the table below . replace_table_token_5_th ​ interest expense . interest expense increased $ 34 million and decreased $ 7 million for the years ended december 31 , 2020 and 2019 , respectively , as compared to the corresponding prior year periods . the increase for the year ended december 31 , 2020 is due to qvc refinancing its borrowings on its senior secured credit facility with newly issued ii-9 senior secured notes , which have higher interest rates , as well as dividends incurred and paid related to the preferred stock during the period recorded through interest expense due to the accounting treatment , partially offset by lower outstanding debt balances due to repayment of amounts outstanding on qvc 's senior secured credit facility . the decrease for the year ended december 31 , 2019 is due to lower average debt balances during 2019 compared to the prior year as well as a reduction in the variable interest rate on qvc 's bank credit facilities compared to the prior year . share of earnings ( losses ) of affiliates . share of losses of affiliates decreased $ 4 million and $ 2 million during the years ended december 31 , 2020 and 2019 , respectively , as compared to the corresponding prior year periods . the decrease in 2020 is due to fewer losses related to the company 's alternative energy solutions entities compared to the prior year , almost completely offset by an increase in share of losses due to an other than temporary impairment of qvc 's china equity method investment . the decrease in 2019 was due to the fact that the prior year included losses related to the company 's former investment in ftd companies , inc. ( “ ftd ” ) , partially offset by increased losses at the company 's alternative energy solution entities due to continued investment in such ventures . these

