Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.22.2.2
Segment Information (Tables)
9 Months Ended
Sep. 30, 2022
Segment Information  
Schedule of performance measures

Three months ended

Nine months ended

September 30,

September 30,

2022

    

2021

2022

    

2021

amounts in millions

GCI Holdings

  

 

  

  

 

  

Consumer Revenue

  

 

  

  

 

  

Wireless

$

37

34

105

98

Data

 

58

53

173

158

Other

 

13

22

41

68

Business Revenue

 

Wireless

 

12

19

36

56

Data

 

103

92

288

268

Other

 

6

7

18

21

Lease, grant, and revenue from subsidies

 

19

19

58

57

Total GCI Holdings

248

246

719

726

Corporate and other

4

6

13

Total

$

248

 

250

725

 

739

Schedule of segment reporting information

Three months ended

Nine months ended

September 30,

September 30,

2022

2021

2022

2021

amounts in millions

GCI Holdings

    

$

90

    

89

267

274

Charter

 

5,210

5,295

 

15,993

14,967

Corporate and other

 

(7)

(9)

 

(21)

(36)

 

5,293

5,375

 

16,239

15,205

Eliminate equity method affiliate

 

(5,210)

(5,295)

 

(15,993)

(14,967)

Consolidated Liberty Broadband

$

83

80

246

238

September 30, 2022

 

Total

Investments

Capital

 

assets

in affiliate

expenditures

 

amounts in millions

 

GCI Holdings

$

3,374

132

Charter

 

143,669

 

 

6,456

Corporate and other

 

11,745

 

11,547

 

 

158,788

 

11,547

 

6,588

Eliminate equity method affiliate

 

(143,669)

 

 

(6,456)

Consolidated Liberty Broadband

$

15,119

 

11,547

 

132

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

Three months ended

Nine months ended

 

September 30,

September 30,

 

2022

2021

2022

    

2021

 

amounts in millions

 

Adjusted OIBDA

    

$

83

    

80

    

246

    

238

Stock-based compensation

 

(10)

(11)

(28)

 

(31)

Depreciation and amortization

 

(66)

(68)

(195)

 

(199)

Litigation settlement, net of recoveries

(19)

24

(29)

(86)

Operating income (loss)

(12)

25

(6)

(78)

Interest expense

(35)

(28)

(91)

 

(90)

Share of earnings (loss) of affiliate, net

 

309

314

998

 

752

Gain (loss) on dilution of investment in affiliate

 

(1)

(67)

 

(98)

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

 

148

(27)

362

 

(53)

Gain (loss) on dispositions, net

12

179

 

12

Other, net

 

(34)

3

(73)

 

18

Earnings (loss) before income taxes

$

376

298

1,302

 

463