Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.22.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2022
Segment Information  
Schedule of performance measures

Three months ended

Six months ended

June 30,

June 30,

2022

    

2021

2022

    

2021

amounts in millions

GCI Holdings

  

 

  

  

 

  

Consumer Revenue

  

 

  

  

 

  

Wireless

$

34

32

68

64

Data

 

57

53

115

105

Other

 

14

23

28

46

Business Revenue

 

Wireless

 

11

18

24

37

Data

 

96

86

185

176

Other

 

6

7

12

14

Lease, grant, and revenue from subsidies

 

20

19

39

38

Total GCI Holdings

238

238

471

480

Corporate and other

1

4

6

9

Total

$

239

 

242

477

 

489

Schedule of segment reporting information

Three months ended

Six months ended

June 30,

June 30,

2022

2021

2022

2021

amounts in millions

GCI Holdings

    

$

90

    

89

177

185

Charter

 

5,571

5,029

 

10,783

9,672

Corporate and other

 

(7)

(14)

 

(14)

(27)

 

5,654

5,104

 

10,946

9,830

Eliminate equity method affiliate

 

(5,571)

(5,029)

 

(10,783)

(9,672)

Consolidated Liberty Broadband

$

83

75

163

158

June 30, 2022

 

Total

Investments

Capital

 

assets

in affiliate

expenditures

 

amounts in millions

 

GCI Holdings

$

3,397

78

Charter

 

143,258

 

 

4,050

Corporate and other

 

12,341

 

12,052

 

 

158,996

 

12,052

 

4,128

Eliminate equity method affiliate

 

(143,258)

 

 

(4,050)

Consolidated Liberty Broadband

$

15,738

 

12,052

 

78

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

Three months ended

Six months ended

 

June 30,

June 30,

 

2022

2021

2022

    

2021

 

amounts in millions

 

Adjusted OIBDA

    

$

83

    

75

    

163

    

158

Stock-based compensation

 

(9)

(10)

(18)

 

(20)

Depreciation and amortization

 

(65)

(67)

(129)

 

(131)

Litigation settlement, net of recoveries

(10)

(10)

(110)

Operating income (loss)

(1)

(2)

6

(103)

Interest expense

(30)

(29)

(56)

 

(62)

Share of earnings (loss) of affiliate, net

 

386

249

689

 

438

Gain (loss) on dilution of investment in affiliate

 

(11)

(15)

(67)

 

(97)

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

 

77

(125)

214

 

(26)

Gain (loss) on dispositions, net

179

179

 

Other, net

 

(18)

23

(39)

 

15

Earnings (loss) before income taxes

$

582

101

926

 

165