CCO HOLDINGS LLC

CIK:0001271833|SEC Filings

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Income Statement [Abstract]
REVENUES	$ 13,526	$ 13,766	$ 27,123	$ 27,501
COSTS AND EXPENSES:
Operating costs and expenses (exclusive of items shown separately below)	8,236	8,255	16,418	16,474
Depreciation and amortization	2,189	2,169	4,393	4,342
Other operating expenses, net	51	86	66	209
Total costs and expenses	10,476	10,510	20,877	21,025
Income from operations	3,050	3,256	6,246	6,476
OTHER INCOME (EXPENSES):
Interest expense, net	(1,270)	(1,254)	(2,515)	(2,485)
Other income (expenses), net	209	(57)	79	(199)
Total other income (expenses), net	(1,061)	(1,311)	(2,436)	(2,684)
Income before income taxes	1,989	1,945	3,810	3,792
Income tax expense	(16)	(15)	(30)	(24)
Consolidated net income	1,973	1,930	3,780	3,768
Less: Net income attributable to noncontrolling interests	0	0	(1)	(1)
Net income attributable to CCO Holdings member	$ 1,973	$ 1,930	$ 3,779	$ 3,767

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:
Consolidated net income	$ 3,780	$ 3,768
Adjustments to reconcile consolidated net income to net cash flows from operating activities:
Depreciation and amortization	4,393	4,342
Stock compensation expense	341	379
Noncash interest, net	2	5
Deferred income taxes	1	0
Other, net	(77)	304
Changes in operating assets and liabilities, net of effects from acquisitions and dispositions:
Accounts receivable	(123)	(288)
Prepaid expenses and other assets	(125)	(133)
Accounts payable, accrued liabilities and other	92	116
Net cash flows from operating activities	8,367	8,475
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property, plant and equipment	(5,713)	(5,273)
Change in accrued expenses related to capital expenditures	(162)	47
Other, net	(86)	(166)
Net cash flows from investing activities	(5,961)	(5,392)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings of long-term debt	11,610	5,116
Borrowings of equipment installment plan financing facility	148	233
Repayments of long-term debt	(12,108)	(4,793)
Payments for debt issuance costs	(30)	(1)
Distributions to parent	(2,460)	(3,356)
Contributions from parent	238	60
Distributions to noncontrolling interest	(1)	(2)
Other, net	233	(192)
Net cash flows from financing activities	(2,370)	(2,935)
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	36	148
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period	339	301
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period	375	449
CASH PAID FOR INTEREST	2,493	2,426
Restricted cash	90	43
Related Party
Changes in operating assets and liabilities, net of effects from acquisitions and dispositions:
Receivables from and payables to related party	$ 83	$ (18)

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2026	Dec. 31, 2025
CURRENT ASSETS:
Cash and cash equivalents	$ 285	$ 218
Accounts receivable, less allowance for doubtful accounts of $238 and $219, respectively	3,580	3,457
Prepaid expenses and other current assets	739	780
Total current assets	4,604	4,529
INVESTMENT IN CABLE PROPERTIES:
Property, plant and equipment, net of accumulated depreciation of $41,770 and $41,311, respectively	47,114	45,599
Customer relationships, net of accumulated amortization of $18,078 and $17,875, respectively	238	440
Franchises	67,471	67,471
Goodwill	29,710	29,710
Total investment in cable properties, net	144,533	143,220
OTHER NONCURRENT ASSETS	4,302	4,233
Total assets	153,439	151,982
CURRENT LIABILITIES:
Accounts payable, accrued and other current liabilities	11,859	11,643
Current portion of long-term debt	999	750
Total current liabilities	12,868	12,393
LONG-TERM DEBT	92,960	94,006
EQUIPMENT INSTALLMENT PLAN FINANCING FACILITY	1,596	1,447
DEFERRED INCOME TAXES	68	67
OTHER LONG-TERM LIABILITIES	3,342	3,362
MEMBER’S EQUITY:
CCO Holdings member's equity	42,580	40,682
Noncontrolling interests	25	25
Total member’s equity	42,605	40,707
Total liabilities and member’s equity	153,439	151,982
Related Party
CURRENT ASSETS:
Receivables from related party	0	74
CURRENT LIABILITIES:
Payables to related party	$ 10	$ 0