Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.23.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 88 $ 375
Trade and other receivables, net of allowance for credit losses of $5 and $4, respectively 220 201
Prepaid and other current assets 122 84
Total current assets 430 660
Property and equipment, net 1,036 1,011
Intangible assets not subject to amortization    
Goodwill 755 755
Intangible assets subject to amortization, net (note 5) 477 516
Other assets, net 251 180
Total assets 15,768 15,142
Current liabilities:    
Accounts payable and accrued liabilities 104 92
Deferred revenue 28 20
Current portion of debt, including $2 and $1,373 measured at fair value, respectively (note 6) 5 1,376
Indemnification obligation (note 3) 21 50
Other current liabilities 71 137
Total current liabilities 229 1,675
Long-term debt, net, including $1,316 and zero measured at fair value, respectively (note 6) 3,860 2,425
Obligations under tower obligations and finance leases, excluding current portion 83 86
Long-term deferred revenue 66 63
Deferred income tax liabilities 2,184 2,040
Preferred stock (note 7) 202 202
Other liabilities 147 150
Total liabilities 6,771 6,641
Equity    
Additional paid-in capital 3,293 3,318
Accumulated other comprehensive earnings (loss), net of taxes 45 9
Retained earnings 5,638 5,155
Total stockholders' equity 8,977 8,483
Non-controlling interests 20 18
Total equity 8,997 8,501
Commitments and contingencies (note 9)
Total liabilities and equity 15,768 15,142
Cable certificates    
Intangible assets not subject to amortization    
Indefinite-lived intangibles 550 550
Other amortizable intangible assets    
Intangible assets not subject to amortization    
Indefinite-lived intangibles 40 37
Series A common stock    
Equity    
Common stock
Series B common stock    
Equity    
Common stock
Series C common stock    
Equity    
Common stock 1 1
Charter.    
Current assets:    
Investment in Charter, accounted for using the equity method (note 4) $ 12,229 $ 11,433