| 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, |
|
|
|
2022 |
|
2021 |
|
Property and equipment |
|
$ |
524 |
|
661 |
|
Customer relationships |
|
|
2,230 |
|
2,537 |
|
Franchise fees |
|
|
3,809 |
|
3,828 |
|
Trademarks |
|
|
29 |
|
29 |
|
Goodwill |
|
|
3,975 |
|
4,024 |
|
Debt |
|
|
(450) |
|
(535) |
|
Deferred income tax liability |
|
|
(1,505) |
|
(1,626) |
|
|
|
$ |
8,612 |
|
8,918 |
|
|
| Summary of financial information for Charter |
Consolidated Balance Sheets
|
|
|
|
|
|
|
|
|
December 31, |
|
December 31, |
|
|
|
2022 |
|
2021 |
|
|
|
|
amounts in millions |
|
Current assets |
|
$ |
4,017 |
|
3,566 |
|
Property and equipment, net |
|
|
36,039 |
|
34,310 |
|
Goodwill |
|
|
29,563 |
|
29,562 |
|
Intangible assets, net |
|
|
70,135 |
|
71,406 |
|
Other assets |
|
|
4,769 |
|
3,647 |
|
Total assets |
|
$ |
144,523 |
|
142,491 |
|
Current liabilities |
|
$ |
12,065 |
|
12,458 |
|
Deferred income taxes |
|
|
19,058 |
|
19,096 |
|
Long-term debt |
|
|
96,093 |
|
88,564 |
|
Other liabilities |
|
|
4,758 |
|
4,217 |
|
Equity |
|
|
12,549 |
|
18,156 |
|
Total liabilities and shareholders' equity |
|
$ |
144,523 |
|
142,491 |
|
Consolidated Statements of Operations
|
|
|
|
|
|
|
|
|
|
|
Years ended December 31, |
|
|
|
2022 |
|
2021 |
|
2020 |
|
|
|
|
amounts in millions |
|
Revenue |
|
$ |
54,022 |
|
51,682 |
|
48,097 |
|
Cost and expenses: |
|
|
|
|
|
|
|
|
Operating costs and expenses (excluding depreciation and amortization) |
|
|
32,876 |
|
31,482 |
|
29,930 |
|
Depreciation and amortization |
|
|
8,903 |
|
9,345 |
|
9,704 |
|
Other operating expenses, net |
|
|
281 |
|
329 |
|
58 |
|
|
|
|
42,060 |
|
41,156 |
|
39,692 |
|
Operating income |
|
|
11,962 |
|
10,526 |
|
8,405 |
|
Interest expense, net |
|
|
(4,556) |
|
(4,037) |
|
(3,848) |
|
Other income (expense), net |
|
|
56 |
|
(101) |
|
(255) |
|
Income tax (expense) benefit |
|
|
(1,613) |
|
(1,068) |
|
(626) |
|
Net earnings (loss) |
|
|
5,849 |
|
5,320 |
|
3,676 |
|
Less: Net income attributable to noncontrolling interests |
|
|
(794) |
|
(666) |
|
(454) |
|
Net Income (loss) attributable to Charter shareholders |
|
$ |
5,055 |
|
4,654 |
|
3,222 |
|
|