| Schedule of allocation of excess basis within memo accounts used for equity accounting purposes |
The excess basis has been allocated within memo accounts used for equity method accounting purposes as follows (amounts in millions):
|
|
|
|
|
|
|
|
|
Years ended December 31, |
|
|
|
2021 |
|
2020 |
|
Property and equipment |
|
$ |
661 |
|
733 |
|
Customer relationships |
|
|
2,537 |
|
2,726 |
|
Franchise fees |
|
|
3,828 |
|
3,693 |
|
Trademarks |
|
|
29 |
|
29 |
|
Goodwill |
|
|
4,024 |
|
3,934 |
|
Debt |
|
|
(535) |
|
(602) |
|
Deferred income tax liability |
|
|
(1,626) |
|
(1,641) |
|
|
|
$ |
8,918 |
|
8,872 |
|
|
| Summary of financial information for Charter |
Consolidated Balance Sheets
|
|
|
|
|
|
|
|
|
December 31, |
|
December 31, |
|
|
|
2021 |
|
2020 |
|
|
|
|
amounts in millions |
|
Current assets |
|
$ |
3,566 |
|
3,909 |
|
Property and equipment, net |
|
|
34,310 |
|
34,357 |
|
Goodwill |
|
|
29,562 |
|
29,554 |
|
Intangible assets |
|
|
71,406 |
|
72,937 |
|
Other assets |
|
|
3,647 |
|
3,449 |
|
Total assets |
|
$ |
142,491 |
|
144,206 |
|
Current liabilities |
|
$ |
12,458 |
|
9,875 |
|
Deferred income taxes |
|
|
19,096 |
|
18,108 |
|
Long-term debt |
|
|
88,564 |
|
81,744 |
|
Other liabilities |
|
|
4,217 |
|
4,198 |
|
Equity |
|
|
18,156 |
|
30,281 |
|
Total liabilities and equity |
|
$ |
142,491 |
|
144,206 |
|
Consolidated Statements of Operations
|
|
|
|
|
|
|
|
|
|
|
Years ended December 31, |
|
|
|
2021 |
|
2020 |
|
2019 |
|
|
|
|
amounts in millions |
|
Revenue |
|
$ |
51,682 |
|
48,097 |
|
45,764 |
|
Cost and expenses: |
|
|
|
|
|
|
|
|
Operating costs and expenses (excluding depreciation and amortization) |
|
|
31,482 |
|
29,930 |
|
29,224 |
|
Depreciation and amortization |
|
|
9,345 |
|
9,704 |
|
9,926 |
|
Other operating expenses, net |
|
|
329 |
|
58 |
|
103 |
|
|
|
|
41,156 |
|
39,692 |
|
39,253 |
|
Operating income |
|
|
10,526 |
|
8,405 |
|
6,511 |
|
Interest expense, net |
|
|
(4,037) |
|
(3,848) |
|
(3,797) |
|
Other income (expense), net |
|
|
(101) |
|
(255) |
|
(283) |
|
Income tax (expense) benefit |
|
|
(1,068) |
|
(626) |
|
(439) |
|
Net earnings (loss) |
|
|
5,320 |
|
3,676 |
|
1,992 |
|
Less: Net income attributable to noncontrolling interests |
|
|
(666) |
|
(454) |
|
(324) |
|
Net Income (loss) attributable to Charter shareholders |
|
$ |
4,654 |
|
3,222 |
|
1,668 |
|
|