Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.24.2.u1
Segment Information (Tables)
6 Months Ended
Jun. 30, 2024
Segment Information  
Schedule of performance measures

Three months ended

Six months ended

June 30,

June 30,

2024

    

2023

2024

    

2023

amounts in millions

GCI Holdings

  

 

  

  

 

  

Consumer Revenue

  

 

  

  

 

  

Data

$

60

59

120

118

Wireless

34

35

69

70

Other

 

10

10

19

22

Business Revenue

 

Data

 

108

106

215

211

Wireless

 

10

11

21

22

Other

 

4

5

8

10

Lease, grant, and revenue from subsidies

 

20

19

39

38

Total GCI Holdings

246

245

491

491

Corporate and other

Total

$

246

 

245

491

 

491

Schedule of OIBDA By Segment

Three months ended

Six months ended

June 30,

June 30,

2024

2023

2024

2023

amounts in millions

GCI Holdings

    

$

86

    

92

176

182

Charter

 

5,586

5,580

 

11,121

10,920

Corporate and other

 

(6)

(5)

 

(11)

(13)

 

5,666

5,667

 

11,286

11,089

Eliminate equity method affiliate

 

(5,586)

(5,580)

 

(11,121)

(10,920)

Consolidated Liberty Broadband

$

80

87

165

169

Schedule of Other Information By Segment

June 30, 2024

 

Total

Investments

Capital

 

assets

in affiliate

expenditures

 

amounts in millions

 

GCI Holdings

$

3,294

123

Charter

 

148,611

 

 

5,644

Corporate and other

 

12,665

 

12,535

 

 

164,570

 

12,535

 

5,767

Eliminate equity method affiliate

 

(148,611)

 

 

(5,644)

Consolidated Liberty Broadband

$

15,959

 

12,535

 

123

Schedule of reconciliation of segment Adjusted OIBDA to Operating income (loss) and Earnings (loss) before income taxes

Three months ended

Six months ended

 

June 30,

June 30,

 

2024

2023

2024

    

2023

 

amounts in millions

 

Adjusted OIBDA

    

$

80

    

87

    

165

    

169

Stock-based compensation

 

(7)

(8)

(14)

 

(16)

Depreciation and amortization

 

(52)

(56)

(102)

 

(114)

Operating income (loss)

21

23

49

39

Interest expense

(52)

(52)

(103)

 

(97)

Share of earnings (loss) of affiliate, net

 

297

318

577

 

566

Gain (loss) on dilution of investment in affiliate

 

(4)

(5)

(32)

 

(32)

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

 

(17)

40

59

 

(74)

Other, net

 

8

2

12

 

16

Earnings (loss) before income taxes

$

253

326

562

 

418