Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets

v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 43 $ 57
Restricted cash and restricted cash equivalents 0 38
Other current assets 35 8
Total current assets 78 103
Investment in Charter, accounted for using the equity method (note 5) 5,507 8,670
Other assets, net 98 57
Total assets 5,683 8,830
Current liabilities:    
Taxes payable   23
Current portion of debt, including zero and $956 measured at fair value, respectively (note 6) 864 956
Other current liabilities 18 8
Total current liabilities 882 987
Long-term debt, net (note 6) 359 790
Deferred income tax liabilities 495 1,155
Preferred stock (note 7) 199 200
Total liabilities 1,935 3,132
Equity    
Additional paid-in capital 1,633 1,646
Accumulated other comprehensive earnings (loss), net of taxes   15
Retained earnings 2,114 4,036
Total stockholders' equity 3,748 5,698
Commitments and contingencies (note 9)
Total liabilities and equity 5,683 8,830
Series A common stock    
Equity    
Common stock
Series B common stock    
Equity    
Common stock
Series C common stock    
Equity    
Common stock $ 1 $ 1