Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.23.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2023
Segment Information  
Schedule of performance measures

Three months ended

Six months ended

June 30,

June 30,

2023

    

2022

2023

    

2022

amounts in millions

GCI Holdings

  

 

  

  

 

  

Consumer Revenue

  

 

  

  

 

  

Data

$

59

57

118

115

Wireless

35

34

70

68

Other

 

10

14

22

28

Business Revenue

 

Data

 

106

96

211

185

Wireless

 

11

11

22

24

Other

 

5

6

10

12

Lease, grant, and revenue from subsidies

 

19

20

38

39

Total GCI Holdings

245

238

491

471

Corporate and other

1

6

Total

$

245

 

239

491

 

477

Schedule of OIBDA By Segment

Three months ended

Six months ended

June 30,

June 30,

2023

2022

2023

2022

amounts in millions

GCI Holdings

    

$

92

    

90

182

177

Charter

 

5,580

5,571

 

10,920

10,783

Corporate and other

 

(5)

(7)

 

(13)

(14)

 

5,667

5,654

 

11,089

10,946

Eliminate equity method affiliate

 

(5,580)

(5,571)

 

(10,920)

(10,783)

Consolidated Liberty Broadband

$

87

83

169

163

Schedule of Other Information By Segment

June 30, 2023

 

Total

Investments

Capital

 

assets

in affiliate

expenditures

 

amounts in millions

 

GCI Holdings

$

3,344

97

Charter

 

145,615

 

 

5,298

Corporate and other

 

12,065

 

11,916

 

 

161,024

 

11,916

 

5,395

Eliminate equity method affiliate

 

(145,615)

 

 

(5,298)

Consolidated Liberty Broadband

$

15,409

 

11,916

 

97

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

Three months ended

Six months ended

 

June 30,

June 30,

 

2023

2022

2023

    

2022

 

amounts in millions

 

Adjusted OIBDA

    

$

87

    

83

    

169

    

163

Stock-based compensation

 

(8)

(9)

(16)

 

(18)

Depreciation and amortization

 

(56)

(65)

(114)

 

(129)

Litigation settlement

(10)

(10)

Operating income (loss)

23

(1)

39

6

Interest expense

(52)

(30)

(97)

 

(56)

Share of earnings (loss) of affiliate, net

 

318

386

566

 

689

Gain (loss) on dilution of investment in affiliate

 

(5)

(11)

(32)

 

(67)

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

 

40

77

(74)

 

214

Gain (loss) on dispositions, net

179

 

179

Other, net

 

2

(18)

16

 

(39)

Earnings (loss) before income taxes

$

326

582

418

 

926