Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.22.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2022
Segment Information  
Schedule of performance measures

Three months ended

March 31,

2022

    

2021

amounts in millions

GCI Holdings

  

 

  

Consumer Revenue

  

 

  

Wireless

$

34

32

Data

 

58

52

Other

 

14

23

Business Revenue

 

Wireless

 

13

19

Data

 

89

90

Other

 

6

7

Lease, grant, and revenue from subsidies

 

19

19

Total GCI Holdings

233

242

Corporate and other

5

5

Total

$

238

 

247

Schedule of segment reporting information

Three months ended March 31,

2022

2021

amounts in millions

GCI Holdings

    

$

87

    

96

    

Charter

 

5,212

4,643

Corporate and other

 

(7)

(13)

 

5,292

4,726

Eliminate equity method affiliate

 

(5,212)

(4,643)

Consolidated Liberty Broadband

$

80

83

March 31, 2022

 

Total

Investments

Capital

 

assets

in affiliate

expenditures

 

amounts in millions

 

GCI Holdings

$

3,463

32

Charter

 

143,948

 

 

1,857

Corporate and other

 

13,167

 

12,903

 

 

160,578

 

12,903

 

1,889

Eliminate equity method affiliate

 

(143,948)

 

 

(1,857)

Consolidated Liberty Broadband

$

16,630

 

12,903

 

32

Schedule of reconciliation of segment Adjusted OIBDA to earnings (loss) before income taxes

Three months ended

 

March 31,

 

2022

2021

 

amounts in millions

 

Adjusted OIBDA

    

$

80

    

83

Stock-based compensation

 

(9)

(10)

Depreciation and amortization

 

(64)

(64)

Litigation settlement, net of recoveries

(110)

Operating income (loss)

7

(101)

Interest expense

(26)

(33)

Share of earnings (loss) of affiliate, net

 

303

189

Gain (loss) on dilution of investment in affiliate

 

(56)

(82)

Realized and unrealized gains (losses) on financial instruments, net

 

137

99

Other, net

 

(21)

(8)

Earnings (loss) before income taxes

$

344

64