Segment Information (Tables)
|
12 Months Ended |
Dec. 31, 2021 |
|---|
| Segment Information |
|
| Schedule of performance measures |
Performance Measures
|
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|
Years ended December 31, |
|
|
|
2021 |
|
2020 |
|
2019 |
|
|
|
|
|
|
Adjusted |
|
|
|
Adjusted |
|
|
|
Adjusted |
|
|
|
Revenue |
|
OIBDA |
|
Revenue |
|
OIBDA |
|
Revenue |
|
OIBDA |
|
|
|
|
amounts in millions |
|
GCI Holdings |
|
$ |
970 |
|
354 |
|
34 |
|
10 |
|
— |
|
— |
|
Charter |
|
|
51,682 |
|
20,301 |
|
48,097 |
|
18,460 |
|
45,764 |
|
16,752 |
|
Corporate and other |
|
|
18 |
|
(49) |
|
17 |
|
(24) |
|
15 |
|
(17) |
|
|
|
|
52,670 |
|
20,606 |
|
48,148 |
|
18,446 |
|
45,779 |
|
16,735 |
|
Eliminate equity method affiliate |
|
|
(51,682) |
|
(20,301) |
|
(48,097) |
|
(18,460) |
|
(45,764) |
|
(16,752) |
|
Consolidated Liberty Broadband |
|
$ |
988 |
|
305 |
|
51 |
|
(14) |
|
15 |
|
(17) |
|
|
| Schedule of segment reporting information |
Other Information
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|
December 31, 2021 |
|
December 31, 2020 |
|
|
|
Total |
|
Investments |
|
Capital |
|
Total |
|
Investments |
|
Capital |
|
|
|
assets |
|
in affiliates |
|
expenditures |
|
assets |
|
in affiliates |
|
expenditures |
|
|
|
|
amounts in millions |
|
GCI Holdings |
|
$ |
3,451 |
|
— |
|
134 |
|
3,677 |
|
— |
|
2 |
|
Charter |
|
|
142,491 |
|
— |
|
7,635 |
|
144,206 |
|
— |
|
7,415 |
|
Corporate and other |
|
|
13,517 |
|
13,261 |
|
— |
|
17,696 |
|
16,179 |
|
— |
|
|
|
|
159,459 |
|
13,261 |
|
7,769 |
|
165,579 |
|
16,179 |
|
7,417 |
|
Eliminate equity method affiliate |
|
|
(142,491) |
|
— |
|
(7,635) |
|
(144,206) |
|
— |
|
(7,415) |
|
Consolidated Liberty Broadband |
|
$ |
16,968 |
|
13,261 |
|
134 |
|
21,373 |
|
16,179 |
|
2 |
|
|
| Schedule of revenue by geographic area |
|
|
|
|
|
|
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|
|
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|
Years ended December 31, |
|
|
|
2021 |
|
2020 |
|
2019 |
|
|
|
|
amounts in millions |
|
United States |
|
$ |
986 |
|
49 |
|
13 |
|
Other countries |
|
|
2 |
|
2 |
|
2 |
|
|
|
$ |
988 |
|
51 |
|
15 |
|
|
| Schedule of reconciliation of segment Adjusted OIBDA to earnings (loss) before income taxes |
|
|
|
|
|
|
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|
|
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|
Years ended December 31, |
|
|
|
2021 |
|
2020 |
|
2019 |
|
|
|
|
amounts in millions |
|
Consolidated segment Adjusted OIBDA |
|
$ |
305 |
|
(14) |
|
(17) |
|
Stock-based compensation |
|
|
(41) |
|
(9) |
|
(10) |
|
Depreciation and amortization |
|
|
(267) |
|
(15) |
|
(2) |
|
Litigation settlement, net of recoveries |
|
|
(95) |
|
— |
|
— |
|
Transaction costs |
|
|
— |
|
(22) |
|
— |
|
Operating income (loss) |
|
|
(98) |
|
(60) |
|
(29) |
|
Interest expense |
|
|
(117) |
|
(28) |
|
(25) |
|
Share of earnings (loss) of affiliates, net |
|
|
1,194 |
|
713 |
|
286 |
|
Gain (loss) on dilution of investment in affiliate |
|
|
(102) |
|
(184) |
|
(79) |
|
Realized and unrealized gains (losses) on financial instruments, net |
|
|
67 |
|
(83) |
|
1 |
|
Other, net |
|
|
6 |
|
3 |
|
1 |
|
Earnings (loss) before income taxes |
|
$ |
950 |
|
361 |
|
155 |
|
|