Liberty Broadband Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Supplemental Disclosures to Consolidated Statements of Cash Flows

Supplemental Disclosures to Consolidated Statements of Cash Flows

12 Months Ended

Dec. 31, 2022

Supplemental Disclosures to Consolidated Statements of Cash Flows

Supplemental Disclosures to Consolidated Statements of Cash Flows

(3) Supplemental Disclosures to Consolidated Statements of Cash Flows


	Years ended December 31,
	2022		2021	2020

	amounts in millions
Cash paid for acquisitions:
Property and equipment	$	—	—	1,109
Investment in Charter		—	—	3,494
Intangible assets not subject to amortization		—	—	1,342
Intangible assets subject to amortization		—	—	639
Receivables and other assets		—	—	641
Net liabilities assumed		—	—	(3,719)
Deferred tax assets (liabilities)		—	—	(1,026)
Noncontrolling interests		—	—	(12)
Fair value of equity consideration		—	—	(3,060)
Cash paid (received) for acquisitions, net of cash acquired	$	—	—	(592)


	Years ended December 31,
	2022		2021	2020

	amounts in millions
Cash paid for interest	$	137	125	24
Cash paid for taxes	$	266	238	—

The following table reconciles cash and cash equivalents and restricted cash reported in the Company’s consolidated balance sheets to the total amount presented in its consolidated statements of cash flows:


	Years ended December 31,
	2022		2021	2020

	amounts in millions
Cash and cash equivalents	$	375	191	1,418
Restricted cash included in other current assets		24	15	15
Restricted cash included in other long-term assets		1	—	—
Total cash and cash equivalents and restricted cash at end of period	$	400	206	1,433

Restricted cash primarily relates to cash restricted for use on GCI Holdings’ various arrangements to help fund projects that extended terrestrial broadband service for the first time to rural Alaska communities via a high capacity hybrid fiber optic and microwave network.