Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Cash Flows

v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net earnings (loss) $ 203 $ 268
Adjustments to reconcile net earnings (loss) to net cash from operating activities:    
(Earnings) loss from discontinued operations   (34)
Stock-based compensation 1 1
Share of (earnings) losses of affiliate, net (308) (318)
(Gain) loss on dilution of investment in affiliate 70 18
Realized and unrealized (gains) losses on financial instruments, net 3 37
Deferred income tax expense (benefit) 13 (11)
Changes in operating assets and liabilities:    
Current and other assets 2 3
Payables and other liabilities 13 (5)
Taxes payable (71)  
Net cash provided by (used in) operating activities (74) (41)
Cash flows from investing activities:    
Cash received for Charter shares repurchased by Charter 190 300
Other investing activities, net 3 3
Net cash provided by (used in) investing activities 193 303
Cash flows from financing activities:    
Borrowings of debt 855  
Repayments of debt (45)  
Net cash provided by (used in) financing activities 810  
Net cash provided by (used in) discontinued operations:    
Cash provided by (used in) operating activities 0 119
Cash provided by (used in) investing activities 0 (46)
Cash provided by (used in) financing activities 0 1
Net cash provided by (used in) discontinued operations 0 74
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents 929 336
Cash, cash equivalents, restricted cash and restricted cash equivalents, beginning of period 95 229
Cash, cash equivalents, restricted cash and restricted cash equivalents, end of period $ 1,024 $ 565