Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.23.3
Segment Information (Tables)
9 Months Ended
Sep. 30, 2023
Segment Information  
Schedule of performance measures

Three months ended

Nine months ended

September 30,

September 30,

2023

    

2022

2023

    

2022

amounts in millions

GCI Holdings

  

 

  

  

 

  

Consumer Revenue

  

 

  

  

 

  

Data

$

57

58

175

173

Wireless

34

37

104

105

Other

 

10

13

32

41

Business Revenue

 

Data

 

104

103

315

288

Wireless

 

11

12

33

36

Other

 

5

6

15

18

Lease, grant, and revenue from subsidies

 

19

19

57

58

Total GCI Holdings

240

248

731

719

Corporate and other

6

Total

$

240

 

248

731

 

725

Schedule of OIBDA By Segment

Three months ended

Nine months ended

September 30,

September 30,

2023

2022

2023

2022

amounts in millions

GCI Holdings

    

$

89

    

90

271

267

Charter

 

5,420

5,210

 

16,340

15,993

Corporate and other

 

(4)

(7)

 

(17)

(21)

 

5,505

5,293

 

16,594

16,239

Eliminate equity method affiliate

 

(5,420)

(5,210)

 

(16,340)

(15,993)

Consolidated Liberty Broadband

$

85

83

254

246

Schedule of Other Information By Segment

September 30, 2023

 

Total

Investments

Capital

 

assets

in affiliate

expenditures

 

amounts in millions

 

GCI Holdings

$

3,359

149

Charter

 

146,682

 

 

8,259

Corporate and other

 

12,409

 

12,229

 

 

162,450

 

12,229

 

8,408

Eliminate equity method affiliate

 

(146,682)

 

 

(8,259)

Consolidated Liberty Broadband

$

15,768

 

12,229

 

149

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

Three months ended

Nine months ended

 

September 30,

September 30,

 

2023

2022

2023

    

2022

 

amounts in millions

 

Adjusted OIBDA

    

$

85

    

83

    

254

    

246

Stock-based compensation

 

(9)

(10)

(25)

 

(28)

Depreciation and amortization

 

(55)

(66)

(169)

 

(195)

Litigation settlement

(19)

(29)

Operating income (loss)

21

(12)

60

(6)

Interest expense

(54)

(35)

(151)

 

(91)

Share of earnings (loss) of affiliate, net

 

326

309

892

 

998

Gain (loss) on dilution of investment in affiliate

 

(10)

(42)

 

(67)

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

 

(81)

148

(155)

 

362

Gain (loss) on dispositions, net

 

179

Other, net

 

6

(34)

22

 

(73)

Earnings (loss) before income taxes

$

208

376

626

 

1,302