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 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:        
Net earnings (loss) $ (2,125) $ 383 $ (1,922) $ 651
Adjustments to reconcile net earnings (loss) to net cash from operating activities:        
(Earnings) loss from discontinued operations       (61)
Stock-based compensation     2 2
Share of (earnings) losses of affiliate, net 2,653 (345) 2,345 (663)
(Gain) loss on dilution of investment in affiliate 135 15 205 33
Realized and unrealized (gains) losses on financial instruments, net (20) (76) (17) (39)
Deferred income tax expense (benefit)     (652) 6
Changes in operating assets and liabilities:        
Current and other assets     2 9
Payables and other liabilities     9 6
Taxes payable     (90)  
Net cash provided by (used in) operating activities     (118) (56)
Cash flows from investing activities:        
Cash received for Charter shares repurchased by Charter     595 600
Other investing activities, net     3 5
Net cash provided by (used in) investing activities     598 605
Cash flows from financing activities:        
Borrowings of debt     1,239 500
Repayments of debt     (1,771) (1,127)
Other financing activities, net       4
Net cash provided by (used in) financing activities     (532) (623)
Net cash provided by (used in) discontinued operations:        
Cash provided by (used in) operating activities     0 225
Cash provided by (used in) investing activities     0 (94)
Cash provided by (used in) financing activities     0 (90)
Net cash provided by (used in) discontinued operations     0 41
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents     (52) (33)
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 $ 43 $ 196 $ 43 $ 196