Document_And_Entity_Informatio
Document And Entity Information (USD $) | 9 Months Ended | |
In Billions, except Share data, unless otherwise specified | Sep. 30, 2013 | Jun. 30, 2012 |
Entity Information [Line Items] | ' | ' |
Entity Registrant Name | 'CHARTER COMMUNICATIONS, INC. /MO/ | ' |
Entity Central Index Key | '0001091667 | ' |
Current Fiscal Year End Date | '--12-31 | ' |
Entity Filer Category | 'Large Accelerated Filer | ' |
Document Type | '10-Q | ' |
Document Period End Date | 30-Sep-13 | ' |
Document Fiscal Year Focus | '2013 | ' |
Document Fiscal Period Focus | 'Q3 | ' |
Trading Symbol | 'CHTR | ' |
Entity Current Reporting Status | 'Yes | ' |
Entity Well-known Seasoned Issuer | 'Yes | ' |
Entity Voluntary Filers | 'No | ' |
Amendment Flag | 'false | ' |
Entity Common Stock, Shares Outstanding | 104,132,858 | ' |
Entity Public Float | ' | $2.80 |
CONDENSED_CONSOLIDATED_BALANCE
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
CURRENT ASSETS: | ' | ' |
Cash and cash equivalents | $41 | $7 |
Restricted cash and cash equivalents | 0 | 27 |
Accounts receivable, less allowance for doubtful accounts of $15 and $14, respectively | 235 | 234 |
Prepaid expenses and other current assets | 81 | 62 |
Total current assets | 357 | 330 |
INVESTMENT IN CABLE PROPERTIES: | ' | ' |
Property, plant and equipment, net of accumulated depreciation of $4,673 and $3,563, respectively | 7,838 | 7,206 |
Franchises | 6,009 | 5,287 |
Customer relationships, net | 1,465 | 1,424 |
Goodwill | 1,159 | 953 |
Total investment in cable properties, net | 16,471 | 14,870 |
OTHER NONCURRENT ASSETS | 422 | 396 |
Total assets | 17,250 | 15,596 |
CURRENT LIABILITIES: | ' | ' |
Accounts payable and accrued liabilities | 1,382 | 1,224 |
Total current liabilities | 1,382 | 1,224 |
LONG-TERM DEBT | 14,306 | 12,808 |
DEFERRED INCOME TAXES | 1,432 | 1,321 |
OTHER LONG-TERM LIABILITIES | 69 | 94 |
SHAREHOLDERS' EQUITY: | ' | ' |
Preferred stock; $.001 par value; 250 million shares authorized; no shares issued and outstanding | 0 | 0 |
Additional paid-in capital | 1,720 | 1,616 |
Accumulated deficit | -1,600 | -1,392 |
Treasury stock at cost; 113,345 and 0 shares, respectively | -11 | 0 |
Accumulated other comprehensive loss | -48 | -75 |
Total shareholders' equity | 61 | 149 |
Total liabilities and shareholders' equity | 17,250 | 15,596 |
Class A Common Stock [Member] | ' | ' |
SHAREHOLDERS' EQUITY: | ' | ' |
Common stock | 0 | 0 |
Class B Common Stock [Member] | ' | ' |
SHAREHOLDERS' EQUITY: | ' | ' |
Common stock | $0 | $0 |
CONDENSED_CONSOLIDATED_BALANCE1
CONDENSED CONSOLIDATED BALANCE SHEET (PARENTHETICALS) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, except Share data, unless otherwise specified | ||
Allowance for doubtful accounts | $15 | $14 |
Accumulated depreciation, property, plant and equipment | $4,673 | $3,563 |
Preferred Stock, par value (in dollars per share) | $0.00 | $0.00 |
Preferred Stock, shares authorized (in shares) | 250,000,000 | 250,000,000 |
Preferred Stock, shares issued (in shares) | 0 | 0 |
Preferred Stock, shares outstanding (in shares) | 0 | 0 |
Treasury Stock, shares (in shares) | 113,345 | 0 |
Class A Common Stock [Member] | ' | ' |
Common Stock, par value (in dollars per share) | $0.00 | $0.00 |
Common Stock, shares authorized (in shares) | 900,000,000 | 900,000,000 |
Common Stock, shares issued (in shares) | 104,246,203 | 101,176,247 |
Common Stock, shares outstanding (in shares) | 104,132,858 | 101,176,247 |
Class B Common Stock [Member] | ' | ' |
Common Stock, par value (in dollars per share) | $0.00 | $0.00 |
Common Stock, shares authorized (in shares) | 25,000,000 | 25,000,000 |
Common Stock, shares issued (in shares) | 0 | 0 |
Common Stock, shares outstanding (in shares) | 0 | 0 |
CONDENSED_CONSOLIDATED_STATEME
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, except Share data, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Income Statement [Abstract] | ' | ' | ' | ' |
REVENUES | $2,118 | $1,880 | $6,007 | $5,591 |
COSTS AND EXPENSES: | ' | ' | ' | ' |
Operating costs and expenses (excluding depreciation and amortization) | 1,397 | 1,242 | 3,950 | 3,632 |
Depreciation and amortization | 493 | 424 | 1,354 | 1,247 |
Other operating expenses, net | 8 | 3 | 24 | 2 |
Total costs and expenses | 1,898 | 1,669 | 5,328 | 4,881 |
Income from operations | 220 | 211 | 679 | 710 |
OTHER INCOME (EXPENSES): | ' | ' | ' | ' |
Interest expense, net | -214 | -229 | -635 | -691 |
Loss on extinguishment of debt | 0 | 0 | -123 | -74 |
Gain (loss) on derivative instruments, net | -8 | 0 | 9 | 0 |
Other expense, net | -11 | 0 | -14 | -1 |
Total other expenses | -233 | -229 | -763 | -766 |
Loss before income taxes | -13 | -18 | -84 | -56 |
Income tax expense | -57 | -69 | -124 | -208 |
Net loss | ($70) | ($87) | ($208) | ($264) |
LOSS PER COMMON SHARE, BASIC AND DILUTED | ' | ' | ' | ' |
LOSS PER COMMON SHARE, BASIC AND DILUTED (in dollars per share) | ($0.68) | ($0.87) | ($2.05) | ($2.65) |
Weighted average common shares outstanding, basic and diluted (in shares) | 102,924,443 | 99,694,672 | 101,293,696 | 99,542,021 |
CONDENSED_CONSOLIDATED_STATEME1
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Statement of Comprehensive Income [Abstract] | ' | ' | ' | ' |
Net loss | ($70) | ($87) | ($208) | ($264) |
Net impact of gains (losses) on interest rate derivative instruments, net of tax | 8 | -7 | 27 | -18 |
Comprehensive loss | ($62) | ($94) | ($181) | ($282) |
CONDENSED_CONSOLIDATED_STATEME2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) | 9 Months Ended | |
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 |
CASH FLOWS FROM OPERATING ACTIVITIES [Abstract] | ' | ' |
Net loss | ($208) | ($264) |
Adjustments to reconcile net loss to net cash flows from operating activities: | ' | ' |
Depreciation and amortization | 1,354 | 1,247 |
Noncash interest expense | 33 | 33 |
Loss on extinguishment of debt | 123 | 74 |
Gain on derivative instruments, net | -9 | 0 |
Deferred income taxes | 112 | 203 |
Other, net | 69 | 25 |
Changes in operating assets and liabilities, net of effects from acquisitions: | ' | ' |
Accounts receivable | 10 | 18 |
Prepaid expenses and other assets | -13 | -12 |
Accounts payable, accrued liabilities and other | 92 | 67 |
Net cash flows from operating activities | 1,563 | 1,391 |
CASH FLOWS FROM INVESTING ACTIVITIES [Abstract] | ' | ' |
Purchases of property, plant and equipment | -1,259 | -1,296 |
Change in accrued expenses related to capital expenditures | 21 | 16 |
Sales (purchases) of cable systems, net | -673 | 19 |
Other, net | -15 | -18 |
Net cash flows from investing activities | -1,926 | -1,279 |
CASH FLOWS FROM FINANCING ACTIVITIES [Abstract] | ' | ' |
Borrowings of long-term debt | 6,569 | 4,353 |
Repayments of long-term debt | -6,177 | -3,554 |
Payments for debt issuance costs | -50 | -41 |
Purchase of treasury stock | -11 | -4 |
Proceeds from exercise of options and warrants | 67 | 13 |
Other, net | -1 | -13 |
Net cash flows from financing activities | 397 | 754 |
NET INCREASE IN CASH AND CASH EQUIVALENTS | 34 | 866 |
CASH AND CASH EQUIVALENTS, beginning of period | 7 | 2 |
CASH AND CASH EQUIVALENTS, end of period | 41 | 868 |
Cash Paid for Interest | $584 | $647 |
Organization_and_Basis_of_Pres
Organization and Basis of Presentation (Notes) | 9 Months Ended |
Sep. 30, 2013 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ' |
Organization and Basis of Presentation | ' |
Organization and Basis of Presentation | |
Organization | |
Charter Communications, Inc. (“Charter”) is a holding company whose principal asset is a 100% common equity interest in Charter Communications Holding Company, LLC (“Charter Holdco”). Charter owns cable systems through its subsidiaries, which are collectively, with Charter, referred to herein as the “Company.” All significant intercompany accounts and transactions among consolidated entities have been eliminated. | |
The Company is a cable operator providing services in the United States. The Company offers to residential and commercial customers traditional cable video programming, Internet services, and telephone services, as well as advanced video services such as Charter OnDemand™, high definition television, and digital video recorder (“DVR”) service. The Company sells its cable video programming, Internet, telephone, and advanced video services primarily on a subscription basis. The Company also sells local advertising on cable networks and on the Internet and provides fiber connectivity to cellular towers. | |
Basis of Presentation | |
The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) and the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, certain information and footnote disclosures typically included in Charter's Annual Report on Form 10-K have been condensed or omitted for this quarterly report. The accompanying condensed consolidated financial statements are unaudited and are subject to review by regulatory authorities. However, in the opinion of management, such financial statements include all adjustments, which consist of only normal recurring adjustments, necessary for a fair presentation of the results for the periods presented. Interim results are not necessarily indicative of results for a full year. | |
The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Areas involving significant judgments and estimates include capitalization of labor and overhead costs; depreciation and amortization costs; impairments of and acquisition accounting for property, plant and equipment, intangibles and goodwill; income taxes; contingencies and programming expense. Actual results could differ from those estimates. | |
Certain prior year amounts have been reclassified to conform with the 2013 presentation. | |
Restricted cash and cash equivalents on the accompanying condensed consolidated balance sheets consist of amounts held in an escrow account pending final resolution from the Bankruptcy Court. See Note 13. In April 2013, the restrictions on the cash and cash equivalents were resolved. |
Acquisition_of_Bresnan_Notes
Acquisition of Bresnan (Notes) | 9 Months Ended | |||||||||||
Sep. 30, 2013 | ||||||||||||
Business Combinations [Abstract] | ' | |||||||||||
Business Combination Disclosure | ' | |||||||||||
Acquisition of Bresnan | ||||||||||||
On July 1, 2013, Charter and Charter Communications Operating, LLC ("Charter Operating") acquired Bresnan Broadband Holdings, LLC and its subsidiaries (collectively, “Bresnan”) from a wholly owned subsidiary of Cablevision Systems Corporation, for $1.625 billion in cash, subject to a working capital adjustment, a reduction for certain funded indebtedness of Bresnan and payment of any post-closing refunds of certain Montana property taxes paid under protest by Bresnan prior to the closing. Bresnan manages cable operating systems in Montana, Wyoming, Colorado and Utah. Charter funded the purchase of Bresnan with a $1.5 billion term loan E (see Note 5) and borrowings under the Charter Operating credit facilities. The Company also incurred acquisition related costs of approximately $16 million, which are included in other expense, net and interest expense, net in the condensed consolidated statements of operations for the three and nine months ended September 30, 2013. | ||||||||||||
The Company applied acquisition accounting to Bresnan, and its results of operations are included in the Company's consolidated results of operations following the acquisition date. The total purchase price was allocated to the identifiable tangible and intangible assets acquired and the liabilities assumed based on their estimated fair values using Level 3 inputs (see Note 8). | ||||||||||||
The excess of the purchase price over those fair values was recorded as goodwill. The fair value assigned to certain identifiable tangible and intangible assets acquired and liabilities assumed were based upon a third party valuation using the assumptions developed by management and other information compiled by management including, but not limited to, future expected cash flows. Certain liabilities assumed were based upon quoted market prices. | ||||||||||||
The tables below present the calculation of the purchase price and the preliminary allocation of the purchase price to the assets and liabilities acquired. | ||||||||||||
Purchase Price: | ||||||||||||
Purchase price | $ | 1,625 | ||||||||||
Bresnan debt assumed (including accrued interest) | (962 | ) | ||||||||||
Working capital adjustment | 10 | |||||||||||
Cash purchase price, net of cash acquired | $ | 673 | ||||||||||
Preliminary Purchase Price Allocation: | ||||||||||||
Property, plant and equipment | $ | 515 | ||||||||||
Franchises | 722 | |||||||||||
Customer relationships | 249 | |||||||||||
Goodwill | 206 | |||||||||||
Other noncurrent assets | 4 | |||||||||||
Current assets | 16 | |||||||||||
Current liabilities | (54 | ) | ||||||||||
Long-term debt (including accrued interest) | (985 | ) | ||||||||||
Cash purchase price, net of cash acquired | $ | 673 | ||||||||||
Concurrent with the closing of the acquisition, Charter Operating repaid $711 million principal amount outstanding under the Bresnan credit facility and purchased $250 million aggregate principal amount of the 8.00% senior notes due 2018 issued by Bresnan (the “2018 Notes”) pursuant to a tender offer for an amount, including approximately $23 million of tender premium, of $274 million. The 2018 Notes were initially recorded on the balance sheet at fair value, which approximated the principal amount plus the tender premium, with the offset to goodwill. | ||||||||||||
Charter condensed consolidated statements of operations for each of the three and nine months ended September 30, 2013 included $134 million of revenue and $16 million of net loss, including $16 million of acquisition related costs described above, from the acquisition of Bresnan. | ||||||||||||
The following unaudited pro forma financial information of Charter is based on the historical consolidated financial statements of Charter and the historical consolidated financial statements of Bresnan and is intended to provide information about how the acquisition of Bresnan and related financing may have affected Charter's historical consolidated financial statements if they had closed as of January 1, 2012. The pro forma financial information below is based on available information and assumptions that the Company believes are reasonable. The pro forma financial information is for illustrative and informational purposes only and is not intended to represent or be indicative of what Charter's financial condition or results of operations would have been had the transactions described above occurred on the date indicated. The pro forma financial information also should not be considered representative of Charter's future financial condition or results of operations. | ||||||||||||
Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||
2012 | 2013 | 2012 | ||||||||||
Revenues | $ | 2,009 | $ | 6,271 | $ | 5,972 | ||||||
Net loss | $ | (103 | ) | $ | (233 | ) | $ | (319 | ) | |||
Loss per common share, basic and diluted | $ | (1.03 | ) | $ | (2.30 | ) | $ | (3.20 | ) |
Franchises_Goodwill_and_Other_
Franchises, Goodwill and Other Intangible Assets (Notes) | 9 Months Ended | ||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||
Goodwill and Intangible Assets Disclosure [Abstract] | ' | ||||||||||||||||||||||||
Franchises, Goodwill and Other Intangible Assets | ' | ||||||||||||||||||||||||
Franchises, Goodwill and Other Intangible Assets | |||||||||||||||||||||||||
As of September 30, 2013 and December 31, 2012, indefinite lived and finite-lived intangible assets are presented in the following table: | |||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | ||||||||||||||||||||||||
Gross Carrying Amount | Accumulated Amortization | Net Carrying Amount | Gross Carrying Amount | Accumulated Amortization | Net Carrying Amount | ||||||||||||||||||||
Indefinite-lived intangible assets: | |||||||||||||||||||||||||
Franchises | $ | 6,009 | $ | — | $ | 6,009 | $ | 5,287 | $ | — | $ | 5,287 | |||||||||||||
Goodwill | 1,159 | — | 1,159 | 953 | — | 953 | |||||||||||||||||||
Trademarks | 158 | — | 158 | 158 | — | 158 | |||||||||||||||||||
Other intangible assets | 4 | — | 4 | — | — | — | |||||||||||||||||||
$ | 7,330 | $ | — | $ | 7,330 | $ | 6,398 | $ | — | $ | 6,398 | ||||||||||||||
Finite-lived intangible assets: | |||||||||||||||||||||||||
Customer relationships | $ | 2,617 | $ | 1,152 | $ | 1,465 | $ | 2,368 | $ | 944 | $ | 1,424 | |||||||||||||
Other intangible assets | 126 | 40 | 86 | 105 | 29 | 76 | |||||||||||||||||||
$ | 2,743 | $ | 1,192 | $ | 1,551 | $ | 2,473 | $ | 973 | $ | 1,500 | ||||||||||||||
Amortization expense related to customer relationships and other intangible assets for the three months ended September 30, 2013 and 2012 was $82 million and $74 million, respectively, and for the nine months ended September 30, 2013 and 2012 was $219 million and $222 million, respectively. Franchises, customer relationships and goodwill increased by $722 million, $249 million and $206 million, respectively, as a result of the acquisition of Bresnan completed during the three and nine months ended September 30, 2013 (See Note 2). | |||||||||||||||||||||||||
The Company expects amortization expense on its finite-lived intangible assets will be as follows. | |||||||||||||||||||||||||
Three months ended December 31, 2013 | $ | 80 | |||||||||||||||||||||||
2014 | 297 | ||||||||||||||||||||||||
2015 | 264 | ||||||||||||||||||||||||
2016 | 230 | ||||||||||||||||||||||||
2017 | 197 | ||||||||||||||||||||||||
Thereafter | 483 | ||||||||||||||||||||||||
$ | 1,551 | ||||||||||||||||||||||||
Actual amortization expense in future periods will differ from these estimates as a result of new intangible asset acquisitions or divestitures, changes in useful lives, impairments and other relevant factors. |
Accounts_Payable_and_Accrued_L
Accounts Payable and Accrued Liabilities (Notes) | 9 Months Ended | ||||||||
Sep. 30, 2013 | |||||||||
Accounts Payable and Accrued Liabilities, Current [Abstract] | ' | ||||||||
Accounts Payable and Accrued Liabilities | ' | ||||||||
Accounts Payable and Accrued Liabilities | |||||||||
Accounts payable and accrued expenses consist of the following as of September 30, 2013 and December 31, 2012: | |||||||||
September 30, 2013 | December 31, 2012 | ||||||||
Accounts payable – trade | $ | 81 | $ | 107 | |||||
Accrued capital expenditures | 180 | 156 | |||||||
Deferred revenue | 90 | 81 | |||||||
Accrued liabilities: | |||||||||
Interest | 176 | 155 | |||||||
Programming costs | 389 | 323 | |||||||
Franchise related fees | 56 | 52 | |||||||
Compensation | 143 | 145 | |||||||
Other | 267 | 205 | |||||||
$ | 1,382 | $ | 1,224 | ||||||
LongTerm_Debt_Notes
Long-Term Debt (Notes) | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Debt Disclosure [Abstract] | ' | |||||||||||||||
Long-Term Debt | ' | |||||||||||||||
Long-Term Debt | ||||||||||||||||
Long-term debt consists of the following as of September 30, 2013 and December 31, 2012: | ||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||
Principal Amount | Accreted Value | Principal Amount | Accreted Value | |||||||||||||
CCO Holdings, LLC: | ||||||||||||||||
7.250% senior notes due October 30, 2017 | $ | 1,000 | $ | 1,000 | $ | 1,000 | $ | 1,000 | ||||||||
7.875% senior notes due April 30, 2018 | — | — | 900 | 900 | ||||||||||||
7.000% senior notes due January 15, 2019 | 1,400 | 1,393 | 1,400 | 1,392 | ||||||||||||
8.125% senior notes due April 30, 2020 | 700 | 700 | 700 | 700 | ||||||||||||
7.375% senior notes due June 1, 2020 | 750 | 750 | 750 | 750 | ||||||||||||
5.250% senior notes due March 15, 2021 | 500 | 500 | — | — | ||||||||||||
6.500% senior notes due April 30, 2021 | 1,500 | 1,500 | 1,500 | 1,500 | ||||||||||||
6.625% senior notes due January 31, 2022 | 750 | 747 | 750 | 746 | ||||||||||||
5.250% senior notes due September 30, 2022 | 1,250 | 1,239 | 1,250 | 1,238 | ||||||||||||
5.125% senior notes due February 15, 2023 | 1,000 | 1,000 | 1,000 | 1,000 | ||||||||||||
5.750% senior notes due September 1, 2023 | 500 | 500 | — | — | ||||||||||||
5.750% senior notes due January 15, 2024 | 1,000 | 1,000 | — | — | ||||||||||||
Credit facility due September 6, 2014 | 350 | 339 | 350 | 332 | ||||||||||||
Charter Communications Operating, LLC: | ||||||||||||||||
Credit facilities | 3,679 | 3,638 | 3,337 | 3,250 | ||||||||||||
Long-Term Debt | $ | 14,379 | $ | 14,306 | $ | 12,937 | $ | 12,808 | ||||||||
The accreted values presented above represent the principal amount of the debt less the original issue discount at the time of sale, plus the accretion to the balance sheet date. However, the amount that is currently payable if the debt becomes immediately due is equal to the principal amount of the debt. The Company has availability under its credit facilities of approximately $978 million as of September 30, 2013 and as such, debt maturing in the next twelve months is classified as long-term. | ||||||||||||||||
In January 2012, CCO Holdings, LLC ("CCO Holdings") and CCO Holdings Capital Corp. closed on transactions in which they issued $750 million aggregate principal amount of 6.625% senior notes due 2022. The notes were issued at a price of 99.5% of the aggregate principal amount. The net proceeds of the notes were used, along with a draw on the $500 million delayed draw portion of the Charter Operating term loan A facility, to repurchase $300 million aggregate principal amount of Charter Operating's outstanding 8.000% senior second-lien notes due 2012, $294 million aggregate principal amount of Charter Operating's 10.875% senior second-lien notes due 2014 and $334 million aggregate principal amount of CCH II, LLC's ("CCH II") 13.500% senior notes due 2016, as well as to repay amounts outstanding under the Company's revolving credit facility. The tender offers closed in January and February 2012 and the Company recorded a loss on extinguishment of debt of approximately $15 million on this transaction for the nine months ended September 30, 2012. | ||||||||||||||||
In April 2012, Charter Operating entered into a senior secured term loan D facility pursuant to the terms of the Charter Operating credit agreement providing for $750 million of term loans with a final maturity date of May 15, 2019. Pricing on the new term loan D was set at LIBOR plus 3% with a LIBOR floor of 1%, and issued at a price of 99.5% of the aggregate principal amount. The proceeds were used to refinance Charter Operating's existing term loan B-1 and term loan B-2, both due 2014, with the remaining amount used to pay down a portion of its existing term loan C due 2016. Charter Operating concurrently amended and restated its existing $1.3 billion revolving credit facility with a new $1.15 billion revolving credit facility due 2017 at the interest rate of LIBOR plus 2.25% and amended and restated its existing credit agreement dated March 31, 2010. The Company recorded a loss on extinguishment of debt of approximately $59 million during the nine months ended September 30, 2012 related to these transactions. | ||||||||||||||||
In March 2013, CCO Holdings and CCO Holdings Capital Corp. closed on transactions in which they issued $500 million aggregate principal amount of 5.25% senior notes due 2021 (the "2021 Notes") and $500 million aggregate principal amount of 5.750% senior notes due 2023 (the "2023 Notes") (collectively, the "Notes"). The proceeds from the Notes were used for repaying amounts outstanding under the Charter Operating term loan C facility. The Company recorded a loss on extinguishment of debt of approximately $42 million for the nine months ended September 30, 2013 related to these transactions. | ||||||||||||||||
The Notes are guaranteed by Charter. They are senior debt obligations of CCO Holdings and CCO Holdings Capital Corp and rank equally with all other current and future unsecured, unsubordinated obligations of CCO Holdings and CCO Holdings Capital Corp. The Notes are structurally subordinated to all obligations of subsidiaries of CCO Holdings, including the Charter Operating credit facilities. | ||||||||||||||||
CCO Holdings may redeem some or all of the Notes at any time at a premium. The optional redemption price declines to 100% of the respective series' principal amount, plus accrued and unpaid interest, if any, on or after varying dates in 2016 through 2019 (in regards to the 2021 Notes) or 2018 through 2021 (in regards to the 2023 Notes). | ||||||||||||||||
In addition, at any time prior to March 15, 2016 (in regards to the 2021 Notes) or March 1, 2016 (in regards to the 2023 Notes), CCO Holdings may redeem up to 35% of the aggregate principal amount of the Notes at a redemption price at a premium plus accrued and unpaid interest to the redemption date, with the net cash proceeds of one or more equity offerings (as defined in the indenture); provided that certain conditions are met. | ||||||||||||||||
In the event of specified change of control events, CCO Holdings must offer to purchase the outstanding Notes from the holders at a purchase price equal to 101% of the total principal amount of the notes, plus any accrued and unpaid interest. | ||||||||||||||||
In March 2013, Charter Operating entered into an amendment to its credit agreement. The amendment, among other things, eliminated the $7.5 billion cap on the incurrence of first lien debt; and eliminated the requirement for providing Charter Operating financial statements and instead allowing for Charter financial statements with consolidating information. | ||||||||||||||||
In April 2013, Charter Operating entered into an amendment to its credit agreement extending the maturity of its term loan A and revolver one year to 2018, decreasing the applicable LIBOR margin for the term loan A and revolver to 2%, decreasing the undrawn commitment fee on the revolver to 0.35% and increasing the revolver capacity to $1.3 billion. The Company recorded a loss on extinguishment of debt of approximately $2 million for the nine months ended September 30, 2013 related to these transactions. | ||||||||||||||||
In May 2013, Charter Operating entered into a new term loan F facility pursuant to the terms of the Charter Operating credit agreement providing for a $1.2 billion term loan maturing in 2021. Pricing on the new term loan F was set at LIBOR plus 2.25% with a LIBOR floor of 0.75%, and issued at a price of 99.75% of the aggregate principal amount. The Company used the proceeds to repay Charter Operating's existing term loan C due 2016 and term loan D due 2019. The Company recorded a loss on extinguishment of debt of approximately $14 million for the nine months ended September 30, 2013 related to these transactions. | ||||||||||||||||
In May 2013, CCO Holdings and CCO Holdings Capital Corp. closed on transactions in which they issued $1.0 billion aggregate principal amount of 5.75% senior notes due 2024 (the "2024 Notes"). Concurrently with the pricing of the 5.75% senior notes, a tender offer was launched to purchase any and all of the CCO Holdings 7.875% senior notes due 2018. The Company used the proceeds from the issuance to purchase the notes tendered in the tender offer. Any notes not tendered were subsequently called in June. The Company recorded a loss on extinguishment of debt of approximately $65 million for the nine months ended September 30, 2013 related to these transactions. | ||||||||||||||||
The 2024 Notes are guaranteed by Charter. They are senior debt obligations of CCO Holdings and CCO Holdings Capital Corp and rank equally with all other current and future unsecured, unsubordinated obligations of CCO Holdings and CCO Holdings Capital Corp. The 2024 Notes are structurally subordinated to all obligations of subsidiaries of CCO Holdings, including the Charter Operating credit facilities. | ||||||||||||||||
CCO Holdings may redeem some or all of the 2024 Notes at any time at a premium. The optional redemption price declines to 100% of the respective series' principal amount, plus accrued and unpaid interest, if any, on or after varying dates in 2018 through 2021. | ||||||||||||||||
In addition, at any time prior to July 15, 2016, CCO Holdings may redeem up to 35% of the aggregate principal amount of the 2024 Notes at a redemption price at a premium plus accrued and unpaid interest to the redemption date, with the net cash proceeds of one or more equity offerings (as defined in the indenture) provided that certain conditions are met. | ||||||||||||||||
In the event of specified change of control events, CCO Holdings must offer to purchase the outstanding 2024 Notes from the holders at a purchase price equal to 101% of the total principal amount of the 2024 Notes, plus any accrued and unpaid interest. | ||||||||||||||||
In June 2013, Charter Operating entered into an amendment to its credit agreement. The amendment, among other things: (i) modified the restricted payments covenant to permit expanded flexibility for acquisitions; (ii) modified the events of default under the credit agreement to permit change of control offers with respect to assumed indebtedness subject to certain restrictions; (iii) modified the transactions with affiliates covenant; (iv) permits the granting of equal and ratable security on certain assumed indebtedness subject to pro forma compliance with certain financial tests; (v) permits incremental term loans to amortize equivalent to the existing term loan A-1; and (vi) allows for an increase in revolving commitments based on Charter Operating's annualized operating cash flow. | ||||||||||||||||
In July 2013, Charter Operating activated the previously committed term loan E facility pursuant to the terms of the Charter Operating credit agreement providing for a $1.5 billion term loan maturing in seven years. Pricing on the new term loan E was set at LIBOR plus 2.25% with a LIBOR floor of 0.75%, and the term loan was issued at a price of 99.5% of the aggregate principal amount. |
Common_Stock_Notes
Common Stock (Notes) | 9 Months Ended |
Sep. 30, 2013 | |
Common Stock, Number of Shares, Par Value and Other Disclosures [Abstract] | ' |
Common Stock | ' |
Common Stock | |
In January 2012, the Company purchased, in a private transaction with a shareholder, 49,332 shares of its common stock at $55.18 for a total of $3 million. These shares were retired in January 2012. | |
During the three and nine months ended September 30, 2013, the Company withheld 7,245 and 113,345, respectively, shares of its common stock in payment of $1 million and $11 million income tax withholding owed by employees upon vesting of restricted shares, respectively. During the three and nine months ended September 30, 2012, the Company withheld 4,632 and 15,556 shares, respectively, of its common stock in payment of $1 million income tax withholding owed by employees upon vesting of restricted shares. In December 2012, Charter's board of directors approved the retirement of the then currently held treasury stock and those shares were retired as of December 31, 2012. The Company accounts for treasury stock using the cost method and includes treasury stock as a component of total shareholders' equity. | |
In July 2013, the Company issued approximately 2.3 million shares of Charter Class A common stock to Paul G. Allen, the Company's former principal stockholder, pursuant to Mr. Allen's exercise of warrants with an exercise price of $19.80. The exercise resulted in proceeds to the Company of approximately $46 million. Mr. Allen had originally received the warrants pursuant to the Joint Plan of Reorganization (the "Plan") upon the Company's emergence from bankruptcy. |
Accounting_for_Derivative_Inst
Accounting for Derivative Instruments and Hedging Activities (Notes) | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Derivative Instruments and Hedging Activities Disclosure [Abstract] | ' | |||||||||||||||
Accounting for Derivative Instruments and Hedging Activities | ' | |||||||||||||||
Accounting for Derivative Instruments and Hedging Activities | ||||||||||||||||
The Company uses interest rate derivative instruments to manage its interest costs and reduce the Company’s exposure to increases in floating interest rates. The Company manages its exposure to fluctuations in interest rates by maintaining a mix of fixed and variable rate debt. Using interest rate derivative instruments, the Company agrees to exchange, at specified intervals through 2017, the difference between fixed and variable interest amounts calculated by reference to agreed-upon notional principal amounts. | ||||||||||||||||
The Company does not hold or issue derivative instruments for speculative trading purposes. The Company, until de-designating in the three months ended March 31, 2013, had certain interest rate derivative instruments that were designated as cash flow hedging instruments for GAAP purposes. Such instruments effectively converted variable interest payments on certain debt instruments into fixed payments. For qualifying hedges, realized derivative gains and losses offset related results on hedged items in the condensed consolidated statements of operations. The Company formally documented, designated and assessed the effectiveness of transactions that received hedge accounting. | ||||||||||||||||
The effect of interest rate derivative instruments on the Company’s condensed consolidated balance sheets is presented in the table below: | ||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||
Other long-term liabilities: | ||||||||||||||||
Fair value of interest rate derivatives designated as hedges | $ | — | $ | 67 | ||||||||||||
Fair value of interest rate derivatives not designated as hedges | $ | 27 | $ | — | ||||||||||||
Accrued interest: | ||||||||||||||||
Fair value of interest rate derivatives designated as hedges | $ | — | $ | 8 | ||||||||||||
Fair value of interest rate derivatives not designated as hedges | $ | 12 | $ | — | ||||||||||||
Accumulated other comprehensive loss: | ||||||||||||||||
Fair value of interest rate derivatives designated as hedges | $ | — | $ | (75 | ) | |||||||||||
Fair value of interest rate derivatives not designated as hedges | $ | (48 | ) | $ | — | |||||||||||
Changes in the fair value of interest rate derivative instruments that were designated as hedging instruments of the variability of cash flows associated with floating-rate debt obligations, and that met effectiveness criteria were reported in accumulated other comprehensive loss. The amounts were subsequently reclassified as an increase or decrease to interest expense in the same periods in which the related interest on the floating-rate debt obligations affected earnings (losses). | ||||||||||||||||
Due to repayment of variable rate credit facility debt without a LIBOR floor, certain interest rate derivative instruments were de-designated as cash flow hedges during the three months ended March 31, 2013, as they no longer met the criteria for cash flow hedging specified by GAAP. In addition, on March 31, 2013, the remaining interest rate derivative instruments that continued to be highly effective cash flow hedges for GAAP purposes were electively de-designated. On the date of de-designation, the Company completed a final measurement test for each interest rate derivative instrument to determine any ineffectiveness and such amount was reclassified from accumulated other comprehensive loss into gain (loss) on derivative instruments, net in the Company's condensed consolidated statements of operations. While these interest rate derivative instruments are no longer designated as cash flow hedges for accounting purposes, management continues to believe such instruments are closely correlated with the respective debt, thus managing associated risk. Interest rate derivative instruments not designated as hedges are marked to fair value, with the impact recorded as a gain or loss on derivative instruments, net in the Company's condensed consolidated statements of operations. The balance that remains in accumulated other comprehensive loss for these interest rate derivative instruments will be amortized over the respective lives of the contracts and recorded as a loss within gain (loss) on derivative instruments, net in the Company's condensed consolidated statements of operations. The estimated net amount of existing losses that are reported in accumulated other comprehensive loss as of September 30, 2013 that is expected to be reclassified into earnings within the next twelve months is approximately $23 million. | ||||||||||||||||
The effects of interest rate derivative instruments on the Company’s condensed consolidated statements of operations is presented in the table below. | ||||||||||||||||
Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||
Gain (loss) on derivative instruments, net: | ||||||||||||||||
Change in fair value of interest rate derivative instruments not designated as cash flow hedges | $ | — | $ | — | $ | 29 | $ | — | ||||||||
Loss reclassified from accumulated other comprehensive loss into earnings as a result of cash flow hedge discontinuance | $ | (8 | ) | $ | — | $ | (20 | ) | $ | — | ||||||
Interest expense: | ||||||||||||||||
Loss reclassified from accumulated other comprehensive loss into interest expense | $ | — | $ | (10 | ) | $ | (10 | ) | $ | (27 | ) | |||||
As of September 30, 2013 and December 31, 2012, the Company had $2.2 billion and $3.1 billion in notional amounts of interest rate derivative instruments outstanding. This includes $550 million in delayed start interest rate derivative instruments that become effective in March 2014 through March 2015. In any future quarter in which a portion of these delayed start interest rate derivative instruments first becomes effective, an equal or greater notional amount of the currently effective interest rate derivative instruments are scheduled to mature. Therefore, the $1.7 billion notional amount of currently effective interest rate derivative instruments will gradually step down over time as current interest rate derivative instruments mature and an equal or lesser amount of delayed start interest rate derivative instruments become effective. | ||||||||||||||||
The notional amounts of interest rate instruments do not represent amounts exchanged by the parties and, thus, are not a measure of exposure to credit loss. The amounts exchanged were determined by reference to the notional amount and the other terms of the contracts. |
Fair_Value_Measurements_Notes
Fair Value Measurements (Notes) | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||
Fair Value Measurements | ' | ||||||||||||||||
Fair Value Measurements | |||||||||||||||||
The accounting guidance establishes a three-level hierarchy for disclosure of fair value measurements, based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date, as follows: | |||||||||||||||||
• | Level 1 – inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. | ||||||||||||||||
• | Level 2 – inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. | ||||||||||||||||
• | Level 3 – inputs to the valuation methodology are unobservable and significant to the fair value measurement. | ||||||||||||||||
Financial Assets and Liabilities | |||||||||||||||||
The Company has estimated the fair value of its financial instruments as of September 30, 2013 and December 31, 2012 using available market information or other appropriate valuation methodologies. Considerable judgment, however, is required in interpreting market data to develop the estimates of fair value. Accordingly, the estimates presented in the accompanying condensed consolidated financial statements are not necessarily indicative of the amounts the Company would realize in a current market exchange. | |||||||||||||||||
The carrying amounts of cash and cash equivalents, receivables, payables and other current assets and liabilities approximate fair value because of the short maturity of those instruments. | |||||||||||||||||
The estimated fair value of the Company’s debt at September 30, 2013 and December 31, 2012 are based on quoted market prices and is classified within Level 1 of the valuation hierarchy. | |||||||||||||||||
A summary of the carrying value and fair value of the Company’s debt at September 30, 2013 and December 31, 2012 is as follows: | |||||||||||||||||
September 30, 2013 | December 31, 2012 | ||||||||||||||||
Carrying Value | Fair Value | Carrying Value | Fair Value | ||||||||||||||
Debt | |||||||||||||||||
CCO Holdings senior notes | $ | 10,329 | $ | 10,356 | $ | 9,226 | $ | 9,933 | |||||||||
Credit facilities | $ | 3,977 | $ | 3,971 | $ | 3,582 | $ | 3,695 | |||||||||
The interest rate derivative instruments were valued as $39 million and $75 million liabilities as of September 30, 2013 and December 31, 2012, respectively, using a present value calculation based on an implied forward LIBOR curve (adjusted for Charter Operating’s or counterparties’ credit risk) and were classified within Level 2 of the valuation hierarchy. The weighted average pay rate for the Company’s currently effective interest rate derivative instruments was 2.17% and 2.25% at September 30, 2013 and December 31, 2012, respectively (exclusive of applicable spreads). | |||||||||||||||||
Nonfinancial Assets and Liabilities | |||||||||||||||||
The Company’s nonfinancial assets such as franchises, property, plant, and equipment, and other intangible assets are not measured at fair value on a recurring basis; however they are subject to fair value adjustments in certain circumstances, such as when there is evidence that an impairment may exist. No impairments were recorded during the three and nine months ended September 30, 2013 and 2012. |
Operating_Costs_and_Expenses_N
Operating Costs and Expenses (Notes) | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Other Income and Expenses [Abstract] | ' | |||||||||||||||
Operating Costs and Expenses | ' | |||||||||||||||
Operating Costs and Expenses | ||||||||||||||||
Operating costs and expenses consist of the following for the years presented: | ||||||||||||||||
Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||
Programming | $ | 558 | $ | 497 | $ | 1,596 | $ | 1,484 | ||||||||
Franchise, regulatory and connectivity | 100 | 92 | 285 | 277 | ||||||||||||
Costs to service customers | 399 | 356 | 1,131 | 1,006 | ||||||||||||
Marketing | 128 | 105 | 352 | 324 | ||||||||||||
Other | 212 | 192 | 586 | 541 | ||||||||||||
$ | 1,397 | $ | 1,242 | $ | 3,950 | $ | 3,632 | |||||||||
Programming costs consist primarily of costs paid to programmers for basic, premium, digital, OnDemand, and pay-per-view programming. Franchise, regulatory and connectivity costs represent payments to franchise and regulatory authorities and costs directly related to providing Internet and telephone services. Costs to service customers include residential and commercial costs related to field operations, network operations and customer care including labor, reconnects, maintenance, billing, occupancy and vehicle costs. Marketing costs represents the costs of marketing to our current and potential commercial and residential customers including labor costs. Other includes bad debt and collections expense, corporate overhead, commercial and advertising sales expenses, property tax and insurance and stock compensation expense, among others. |
Other_Operating_Expenses_Net_N
Other Operating Expenses, Net (Notes) | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Other Income and Expenses [Abstract] | ' | |||||||||||||||
Other Operating Expenses, Net | ' | |||||||||||||||
Other Operating Expenses, Net | ||||||||||||||||
Other operating expenses, net consist of the following for the years presented: | ||||||||||||||||
Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||
(Gain)/loss on sale of assets, net | $ | 5 | $ | 1 | $ | 6 | $ | (12 | ) | |||||||
Special charges, net | 3 | 2 | 18 | 14 | ||||||||||||
$ | 8 | $ | 3 | $ | 24 | $ | 2 | |||||||||
Gain (loss) on sale of assets, net | ||||||||||||||||
Gain (loss) on sale of assets represents the gain or loss recognized on the sales and disposals of fixed assets and cable systems. | ||||||||||||||||
Special charges, net | ||||||||||||||||
Special charges, net for the three and nine months ended September 30, 2013 and 2012 primarily include severance charges and net amounts of litigation settlements. |
Income_Taxes_Notes
Income Taxes (Notes) | 9 Months Ended | ||||
Sep. 30, 2013 | |||||
Income Tax Disclosure [Abstract] | ' | ||||
Income Taxes | ' | ||||
Income Taxes | |||||
All of Charter’s operations are held through Charter Holdco and its direct and indirect subsidiaries. Charter Holdco and the majority of its subsidiaries are generally limited liability companies that are not subject to income tax. However, certain of these limited liability companies are subject to state income tax. In addition, the indirect subsidiaries that are corporations are subject to federal and state income tax. All of the remaining taxable income, gains, losses, deductions and credits of Charter Holdco are passed through to Charter and its direct subsidiaries. | |||||
For the three and nine months ended September 30, 2013, the Company recorded $57 million and $124 million of income tax expense, respectively. For the three and nine months ended September 30, 2012, the Company recorded $69 million and $208 million of income tax expense, respectively. Income tax expense is recognized primarily through increases in deferred tax liabilities related to our investment in Charter Holdco, as well as through current federal and state income tax expense and increases in the deferred tax liabilities of certain of our indirect corporate subsidiaries. Income tax expense for the nine months ended September 30, 2013 decreased compared to the corresponding prior period, primarily as a result of a step-up in basis of indefinite-lived assets for tax, but not GAAP purposes, which decreased the Company's net deferred tax liability related to indefinite-lived assets by $58 million. | |||||
The step-up for tax purposes corresponds to gains recognized by corporate subsidiaries of Charter, which are partners in Charter Holdco, and resulted primarily from the repayment of Charter Operating credit facility debt with proceeds from the CCO Holdings notes issued in March 2013, see Note 5. The repayment of Charter Operating credit facility debt, which is not guaranteed by Charter, with proceeds from the Notes, which are guaranteed by Charter, had the effect of reducing the amount of debt allocable to the non-guarantor corporate subsidiaries of Charter. For partnership tax purposes, the reduction in the amount of non-guaranteed debt available to allocate to these corporate subsidiaries caused them to recognize gains due to limited basis in their partnership interests in Charter Holdco. The tax provision in future periods will vary based on various factors including changes in its deferred tax liabilities attributable to indefinite-lived intangibles, as well as future operating results, however the Company does not anticipate having such a large reduction in tax expense attributable to this item unless it enters into similar future financing transactions. | |||||
As of September 30, 2013 and December 31, 2012, the Company had net deferred income tax liabilities of approximately $1.4 billion and $1.3 billion, respectively. Net current deferred tax assets of $17 million and $18 million as of September 30, 2013 and December 31, 2012, respectively, are included in prepaid expenses and other current assets in the accompanying condensed consolidated balance sheets of the Company. Net deferred tax liabilities included approximately $221 million and $219 million at September 30, 2013 and December 31, 2012, respectively, relating to certain indirect subsidiaries of Charter Holdco that file separate federal or state income tax returns. The remainder of the Company's net deferred tax liability arose from Charter's investment in Charter Holdco, and was largely attributable to the characterization of franchises for financial reporting purposes as indefinite-lived. | |||||
In determining the Company’s tax provision for financial reporting purposes, the Company establishes a reserve for uncertain tax positions unless such positions are determined to be “more likely than not” of being sustained upon examination, based on their technical merits. There is considerable judgment involved in determining whether positions taken on the tax return are “more likely than not” of being sustained. A reconciliation of the beginning and ending amount of unrecognized tax benefits included in deferred income taxes on the accompanying consolidated balance sheets of the Company is as follows: | |||||
Balance at December 31, 2012 | $ | 202 | |||
Reductions due to tax positions related to prior year | (201 | ) | |||
Balance at September 30, 2013 | $ | 1 | |||
The Company's entire reserve for uncertain tax positions includes tax positions for which the ultimate deductibility is highly certain, but for which there is uncertainty about the character of the deductibility. The balance at September 30, 2013 reflects $201 million of net reductions related to losses which would be offset by gains discussed above. The change in character of the deduction would not impact the annual effective tax rate after consideration of the valuation allowance. The deductions for the uncertain tax positions are included with the loss carryforwards in the deferred tax assets and therefore there is no impact to the financial statements. | |||||
On May 1, 2013, Liberty Media Corporation (“Liberty Media”) completed its purchase of a 27% beneficial interest in Charter (see Note 12). Upon closing, Charter experienced a second “ownership change” as defined in Section 382 of the Internal Revenue Code resulting in a second set of limitations on Charter’s use of its existing federal and state net operating losses, capital losses, and tax credit carryforwards. The first ownership change limitations that applied as a result of our emergence from bankruptcy in 2009 will also continue to apply. Pursuant to these Section 382 limitations, approximately $1.1 billion, $2.0 billion, $2.1 billion and $300 million in the years 2013 to 2016, respectively, and $226 million annually in 2017 and thereafter, of Charter’s federal loss carryforwards become unrestricted and available for Charter's use. Since the limitation amounts accumulate for future use to the extent they are not utilized in any given year, Charter believes its loss carryforwards should become fully available to offset future taxable income, if any. Charter’s state loss carryforwards and indirect corporate subsidiaries’ loss carryforwards are subject to similar, but varying limitations on their future use. If the Company was to experience another “ownership change” in the future, its ability to use its loss carryforwards could be subject to further limitations. | |||||
No tax years for Charter or Charter Holdco are currently under examination by the IRS. Tax years ending 2010 through 2012 remain subject to examination and assessment. Years prior to 2010 remain open solely for purposes of examination of Charter’s loss and credit carryforwards. |
Related_Party_Transactions_Not
Related Party Transactions (Notes) | 9 Months Ended |
Sep. 30, 2013 | |
Related Party Transactions [Abstract] | ' |
Related Party Transactions | ' |
Related Party Transactions | |
On May 1, 2013, Liberty Media completed its purchase from investment funds managed by, or affiliated with, Apollo Global Management, LLC, Oaktree Capital Management, L.P. and Crestview Partners of approximately 26.9 million shares and warrants to purchase approximately 1.1 million shares in Charter for approximately $2.6 billion (the "Liberty Media Transaction"), which represents an approximate 27% beneficial ownership in Charter and a price per share of $95.50. | |
In connection with the Liberty Media Transaction, Charter entered into a stockholders agreement with Liberty Media that, among other things, provided Liberty Media with the right to designate four directors for appointment to Charter's board of directors in connection with the closing. Liberty Media designated John Malone, Chairman of Liberty Media, Gregory Maffei, president and chief executive officer of Liberty Media, Balan Nair, executive vice president and chief technology officer of Liberty Global plc, and Michael Huseby, president of Barnes & Noble, Inc. Charter’s board of directors appointed these directors effective upon the resignations of Stan Parker, Darren Glatt, Bruce Karsh and Edgar Lee in connection with the closing of the Liberty Media Transaction on May 1, 2013. Subject to Liberty Media’s continued ownership level in Charter, the stockholders agreement also provides that Liberty Media can designate up to four directors as nominees for election to Charter’s board of directors at least through Charter’s 2015 annual meeting of stockholders, and that up to one of these individuals may serve on each of the Audit Committee, the Nominating and Corporate Governance Committee, and Compensation and Benefits Committee of Charter’s board of directors. Consistent with these provisions, the board appointed Dr. Malone to serve on the Nominating and Corporate Governance Committee, Mr. Maffei to serve on the Finance Committee and the Compensation and Benefits Committee and Mr. Huseby to serve on the Audit Committee. | |
In addition, Liberty Media agreed to not increase its beneficial ownership in Charter above 35% until January 2016, at which point such limit increases to 39.99%. Liberty Media is also, subject to certain exceptions, subject to certain customary standstill provisions that prohibit Liberty Media from, among other things, engaging in proxy or consent solicitations relating to the election of directors. The standstill limitations apply through the 2015 shareholder meeting and continue to apply as long as Liberty Media's designees are nominated to the Charter board, unless the agreement is earlier terminated. Charter approved Liberty Media as an interested stockholder under the business combination provisions of the Delaware General Corporation Law. | |
The Company is aware that Dr. Malone may be deemed to have a 34.5% voting interest in Liberty Interactive Corp. (“Liberty Interactive”) and is Chairman of the board of directors, an executive officer position, of Liberty Interactive. Liberty Interactive owns 36.9% of the common stock of HSN, Inc. (“HSN”) and has the right to elect 20% of the board members of HSN. Liberty Interactive wholly owns QVC, Inc (“QVC”). The Company has programming relationships with HSN and QVC which pre-date the Liberty Media Transaction. For the three and six months ended September 30, 2013, the Company received payments in aggregate of approximately $3 million and $6 million, respectively, from HSN and QVC as part of channel carriage fees and revenue sharing arrangements for home shopping sales made to customers in Charter's footprint. | |
Dr. Malone also serves on the board of directors of Discovery Communications, Inc., (“Discovery”) and the Company is aware that Dr. Malone owns 4.3% in the aggregate of the common stock of Discovery and has a 29.2% voting interest in Discovery for the election of directors. In addition, Dr. Malone owns 9.2% in the aggregate of the common stock of Starz and has 42.8% of the voting power. Mr. Maffei is a non-executive Chairman of the board of Starz. The Company purchases programming from both Discovery and Starz pursuant to agreements entered into prior to the Liberty Media Transaction and Dr. Malone and Mr. Maffei joining Charter's board of directors. Based on publicly available information, the Company does not believe that either Discovery or Starz would currently be considered related parties. The amounts paid in aggregate to Discovery and Starz represent less than 3% of total operating costs and expenses for the three and six months ended September 30, 2013. |
Contingencies_Notes
Contingencies (Notes) | 9 Months Ended |
Sep. 30, 2013 | |
Commitments and Contingencies Disclosure [Abstract] | ' |
Contingencies | ' |
Contingencies | |
On March 27, 2009, Charter filed a Chapter 11 petition in the United States Bankruptcy Court for the Southern District of New York. On November 17, 2009, the Bankruptcy Court issued its Order and Opinion confirming the Plan over the objections of various objectors. Charter consummated the Plan on November 30, 2009. | |
Two appeals were pending relating to confirmation of the Plan, the appeals by (i) Law Debenture Trust Company of New York (“LDT”) (as the Trustee with respect to the $479 million in aggregate principal amount of 6.50% convertible senior notes due 2027 issued by Charter which are no longer outstanding following consummation of the Plan and the holders of which already received distributions of approximately $168 million pursuant to the Plan); and (ii) R2 Investments, LDC (“R2 Investments”) (a former equity interest holder in Charter). On January 10, 2013, R2 Investments and LDT filed a petition for a writ of certiorari with the United States Supreme Court, asking that court to review the 2nd Circuit's decision. On April 29, 2013, the Supreme Court issued its order that the writ of certiorari has been denied. | |
The Company is also a defendant or co-defendant in several lawsuits claiming infringement of various patents relating to various aspects of its businesses. Other industry participants are also defendants in certain of these cases. In the event that a court ultimately determines that the Company infringes on any intellectual property rights, the Company may be subject to substantial damages and/or an injunction that could require the Company or its vendors to modify certain products and services the Company offers to its subscribers, as well as negotiate royalty or license agreements with respect to the patents at issue. While the Company believes the lawsuits are without merit and intends to defend the actions vigorously, no assurance can be given that any adverse outcome would not be material to the Company's consolidated financial condition, results of operations, or liquidity. The Company cannot predict the outcome of any such claims nor can it reasonably estimate a range of possible loss. | |
The Company is party to lawsuits and claims that arise in the ordinary course of conducting its business, including lawsuits claiming violation of wage and hour laws. The ultimate outcome of these other legal matters pending against the Company cannot be predicted, and although such lawsuits and claims are not expected individually to have a material adverse effect on the Company’s consolidated financial condition, results of operations or liquidity, such lawsuits could have, in the aggregate, a material adverse effect on the Company’s consolidated financial condition, results of operations or liquidity. Whether or not the Company ultimately prevails in any particular lawsuit or claim, litigation can be time consuming and costly and injure the Company's reputation. |
Stock_Compensation_Plans_Notes
Stock Compensation Plans (Notes) | 9 Months Ended | |||||||||||
Sep. 30, 2013 | ||||||||||||
Share-based Compensation [Abstract] | ' | |||||||||||
Stock Compensation Plans | ' | |||||||||||
Stock Compensation Plans | ||||||||||||
Charter’s 2009 Stock Incentive Plan provides for grants of nonqualified stock options, incentive stock options, stock appreciation rights, dividend equivalent rights, performance units and performance shares, share awards, phantom stock, restricted stock units and restricted stock. Directors, officers and other employees of the Company and its subsidiaries, as well as others performing consulting services for the Company, are eligible for grants under the 2009 Stock Incentive Plan. In April 2013, Charter's board of directors and shareholders approved an additional 6 million shares of Charter Class A common stock (or units convertible into Charter Class A common stock) under the 2009 Stock Incentive Plan. | ||||||||||||
The Company granted the following equity awards for the years presented. | ||||||||||||
Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||
Stock options | 71,600 | 121,500 | 225,200 | 575,200 | ||||||||
Restricted stock | — | — | 12,700 | 243,800 | ||||||||
Restricted stock units | 19,200 | 31,900 | 59,000 | 94,300 | ||||||||
Stock options generally vest annually over four years from either the grant date or delayed vesting commencement dates. Stock options generally expire ten years from the grant date. Restricted stock vests annually over a one to four-year period beginning from the date of grant. A portion of stock options and restricted stock vest based on achievement of stock price hurdles. Restricted stock units have no voting rights and vest ratably over four years from either the grant date or delayed vesting commencement dates. As of September 30, 2013, total unrecognized compensation remaining to be recognized in future periods totaled $36 million for stock options, $21 million for restricted stock and $18 million for restricted stock units and the weighted average period over which they are expected to be recognized is 2 years for stock options, 2 years for restricted stock and 3 years for restricted stock units. | ||||||||||||
The Company recorded $11 million and $37 million of stock compensation expense for the three and nine months ended September 30, 2013, respectively, and $13 million and $37 million of stock compensation expense for the three and nine months ended September 30, 2012, respectively, which is included in operating costs and expenses. |
Consolidating_Schedules_Notes
Consolidating Schedules (Notes) | 9 Months Ended | |||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||
Condensed Financial Information of Parent Company Only Disclosure [Abstract] | ' | |||||||||||||||||||||||
Consolidating Schedules | ' | |||||||||||||||||||||||
Consolidating Schedules | ||||||||||||||||||||||||
The CCO Holdings notes and the CCO Holdings credit facility are obligations of CCO Holdings. However, the CCO Holdings notes are also jointly, severally, fully and unconditionally guaranteed on an unsecured senior basis by Charter. | ||||||||||||||||||||||||
The accompanying condensed consolidating financial information has been prepared and presented pursuant to SEC Regulation S-X Rule 3-10, Financial Statements of Guarantors and Affiliates Whose Securities Collateralize an Issue Registered or Being Registered. This information is not intended to present the financial position, results of operations and cash flows of the individual companies or groups of companies in accordance with generally accepted accounting principles. | ||||||||||||||||||||||||
Condensed consolidating financial statements as of September 30, 2013 and December 31, 2012 and for the nine months ended September 30, 2013 and 2012 follow. | ||||||||||||||||||||||||
Charter Communications, Inc. | ||||||||||||||||||||||||
Condensed Consolidating Balance Sheet | ||||||||||||||||||||||||
As of September 30, 2013 | ||||||||||||||||||||||||
Charter | Intermediate Holding Companies | CCO Holdings | Charter Operating and Subsidiaries | Eliminations | Charter Consolidated | |||||||||||||||||||
ASSETS | ||||||||||||||||||||||||
CURRENT ASSETS: | ||||||||||||||||||||||||
Cash and cash equivalents | $ | 4 | $ | — | $ | — | $ | 37 | $ | — | $ | 41 | ||||||||||||
Accounts receivable, net | — | 6 | — | 229 | — | 235 | ||||||||||||||||||
Receivables from related party | 62 | 164 | 8 | — | (234 | ) | — | |||||||||||||||||
Prepaid expenses and other current assets | 16 | 11 | — | 54 | — | 81 | ||||||||||||||||||
Total current assets | 82 | 181 | 8 | 320 | (234 | ) | 357 | |||||||||||||||||
INVESTMENT IN CABLE PROPERTIES: | ||||||||||||||||||||||||
Property, plant and equipment, net | — | 30 | — | 7,808 | — | 7,838 | ||||||||||||||||||
Franchises | — | — | — | 6,009 | — | 6,009 | ||||||||||||||||||
Customer relationships, net | — | — | — | 1,465 | — | 1,465 | ||||||||||||||||||
Goodwill | — | — | — | 1,159 | — | 1,159 | ||||||||||||||||||
Total investment in cable properties, net | — | 30 | — | 16,441 | — | 16,471 | ||||||||||||||||||
CC VIII PREFERRED INTEREST | 114 | 267 | — | — | (381 | ) | — | |||||||||||||||||
INVESTMENT IN SUBSIDIARIES | 1,086 | 245 | 10,486 | — | (11,817 | ) | — | |||||||||||||||||
LOANS RECEIVABLE – RELATED PARTY | — | 318 | 461 | — | (779 | ) | — | |||||||||||||||||
OTHER NONCURRENT ASSETS | — | 161 | 122 | 139 | — | 422 | ||||||||||||||||||
Total assets | $ | 1,282 | $ | 1,202 | $ | 11,077 | $ | 16,900 | $ | (13,211 | ) | $ | 17,250 | |||||||||||
LIABILITIES AND SHAREHOLDERS’/MEMBER’S EQUITY | ||||||||||||||||||||||||
CURRENT LIABILITIES: | ||||||||||||||||||||||||
Accounts payable and accrued liabilities | $ | 11 | $ | 110 | $ | 164 | $ | 1,097 | $ | — | $ | 1,382 | ||||||||||||
Payables to related party | — | — | — | 234 | (234 | ) | — | |||||||||||||||||
Total current liabilities | 11 | 110 | 164 | 1,331 | (234 | ) | 1,382 | |||||||||||||||||
LONG-TERM DEBT | — | — | 10,668 | 3,638 | — | 14,306 | ||||||||||||||||||
LOANS PAYABLE – RELATED PARTY | — | — | — | 779 | (779 | ) | — | |||||||||||||||||
DEFERRED INCOME TAXES | 1,210 | — | — | 222 | — | 1,432 | ||||||||||||||||||
OTHER LONG-TERM LIABILITIES | — | 6 | — | 63 | — | 69 | ||||||||||||||||||
Shareholders’/Member’s equity | 61 | 1,086 | 245 | 10,486 | (11,817 | ) | 61 | |||||||||||||||||
Noncontrolling interest | — | — | — | 381 | (381 | ) | — | |||||||||||||||||
Total shareholders’/member’s equity | 61 | 1,086 | 245 | 10,867 | (12,198 | ) | 61 | |||||||||||||||||
Total liabilities and shareholders’/member’s equity | $ | 1,282 | $ | 1,202 | $ | 11,077 | $ | 16,900 | $ | (13,211 | ) | $ | 17,250 | |||||||||||
Charter Communications, Inc. | ||||||||||||||||||||||||
Condensed Consolidating Balance Sheet | ||||||||||||||||||||||||
As of December 31, 2012 | ||||||||||||||||||||||||
Charter | Intermediate Holding Companies | CCO Holdings | Charter Operating and Subsidiaries | Eliminations | Charter Consolidated | |||||||||||||||||||
ASSETS | ||||||||||||||||||||||||
CURRENT ASSETS: | ||||||||||||||||||||||||
Cash and cash equivalents | $ | 1 | $ | — | $ | — | $ | 6 | $ | — | $ | 7 | ||||||||||||
Restricted cash and cash equivalents | — | — | — | 27 | — | 27 | ||||||||||||||||||
Accounts receivable, net | 1 | 3 | — | 230 | — | 234 | ||||||||||||||||||
Receivables from related party | 59 | 176 | 11 | — | (246 | ) | — | |||||||||||||||||
Prepaid expenses and other current assets | 16 | 8 | — | 38 | — | 62 | ||||||||||||||||||
Total current assets | 77 | 187 | 11 | 301 | (246 | ) | 330 | |||||||||||||||||
INVESTMENT IN CABLE PROPERTIES: | ||||||||||||||||||||||||
Property, plant and equipment, net | — | 32 | — | 7,174 | — | 7,206 | ||||||||||||||||||
Franchises | — | — | — | 5,287 | — | 5,287 | ||||||||||||||||||
Customer relationships, net | — | — | — | 1,424 | — | 1,424 | ||||||||||||||||||
Goodwill | — | — | — | 953 | — | 953 | ||||||||||||||||||
Total investment in cable properties, net | — | 32 | — | 14,838 | — | 14,870 | ||||||||||||||||||
CC VIII PREFERRED INTEREST | 104 | 242 | — | — | (346 | ) | — | |||||||||||||||||
INVESTMENT IN SUBSIDIARIES | 1,081 | 269 | 9,485 | — | (10,835 | ) | — | |||||||||||||||||
LOANS RECEIVABLE – RELATED PARTY | — | 309 | 359 | — | (668 | ) | — | |||||||||||||||||
OTHER NONCURRENT ASSETS | — | 163 | 118 | 115 | — | 396 | ||||||||||||||||||
Total assets | $ | 1,262 | $ | 1,202 | $ | 9,973 | $ | 15,254 | $ | (12,095 | ) | $ | 15,596 | |||||||||||
LIABILITIES AND SHAREHOLDERS’/MEMBER’S EQUITY | ||||||||||||||||||||||||
CURRENT LIABILITIES: | ||||||||||||||||||||||||
Accounts payable and accrued liabilities | $ | 12 | $ | 121 | $ | 146 | $ | 945 | $ | — | $ | 1,224 | ||||||||||||
Payables to related party | — | — | — | 246 | (246 | ) | — | |||||||||||||||||
Total current liabilities | 12 | 121 | 146 | 1,191 | (246 | ) | 1,224 | |||||||||||||||||
LONG-TERM DEBT | — | — | 9,558 | 3,250 | — | 12,808 | ||||||||||||||||||
LOANS PAYABLE – RELATED PARTY | — | — | — | 668 | (668 | ) | — | |||||||||||||||||
DEFERRED INCOME TAXES | 1,101 | — | — | 220 | — | 1,321 | ||||||||||||||||||
OTHER LONG-TERM LIABILITIES | — | — | — | 94 | — | 94 | ||||||||||||||||||
Shareholders’/Member’s equity | 149 | 1,081 | 269 | 9,485 | (10,835 | ) | 149 | |||||||||||||||||
Noncontrolling interest | — | — | — | 346 | (346 | ) | — | |||||||||||||||||
Total shareholders’/member’s equity | 149 | 1,081 | 269 | 9,831 | (11,181 | ) | 149 | |||||||||||||||||
Total liabilities and shareholders’/member’s equity | $ | 1,262 | $ | 1,202 | $ | 9,973 | $ | 15,254 | $ | (12,095 | ) | $ | 15,596 | |||||||||||
Charter Communications, Inc. | ||||||||||||||||||||||||
Condensed Consolidating Statement of Operations | ||||||||||||||||||||||||
For the nine months ended September 30, 2013 | ||||||||||||||||||||||||
Charter | Intermediate Holding Companies | CCO | Charter Operating and Subsidiaries | Eliminations | Charter Consolidated | |||||||||||||||||||
Holdings | ||||||||||||||||||||||||
REVENUES | $ | 18 | $ | 133 | $ | — | $ | 6,007 | $ | (151 | ) | $ | 6,007 | |||||||||||
COSTS AND EXPENSES: | ||||||||||||||||||||||||
Operating costs and expenses (excluding depreciation and amortization) | 18 | 133 | — | 3,950 | (151 | ) | 3,950 | |||||||||||||||||
Depreciation and amortization | — | — | — | 1,354 | — | 1,354 | ||||||||||||||||||
Other operating expenses, net | — | — | — | 24 | — | 24 | ||||||||||||||||||
18 | 133 | — | 5,328 | (151 | ) | 5,328 | ||||||||||||||||||
Income from operations | — | — | — | 679 | — | 679 | ||||||||||||||||||
OTHER INCOME (EXPENSES): | ||||||||||||||||||||||||
Interest income (expense), net | — | 6 | (511 | ) | (130 | ) | — | (635 | ) | |||||||||||||||
Loss on extinguishment of debt | — | — | (65 | ) | (58 | ) | — | (123 | ) | |||||||||||||||
Gain on derivative instruments, net | — | — | — | 9 | — | 9 | ||||||||||||||||||
Other expense, net | — | — | — | (14 | ) | — | (14 | ) | ||||||||||||||||
Equity in income (loss) of subsidiaries | (101 | ) | (130 | ) | 446 | — | (215 | ) | — | |||||||||||||||
(101 | ) | (124 | ) | (130 | ) | (193 | ) | (215 | ) | (763 | ) | |||||||||||||
Income (loss) before income taxes | (101 | ) | (124 | ) | (130 | ) | 486 | (215 | ) | (84 | ) | |||||||||||||
INCOME TAX EXPENSE | (117 | ) | (2 | ) | — | (5 | ) | — | (124 | ) | ||||||||||||||
Consolidated net income (loss) | (218 | ) | (126 | ) | (130 | ) | 481 | (215 | ) | (208 | ) | |||||||||||||
Less: Net (income) loss – noncontrolling interest | 10 | 25 | — | (35 | ) | — | — | |||||||||||||||||
Net income (loss) | $ | (208 | ) | $ | (101 | ) | $ | (130 | ) | $ | 446 | $ | (215 | ) | $ | (208 | ) | |||||||
Charter Communications, Inc. | ||||||||||||||||||||||||
Condensed Consolidating Statement of Operations | ||||||||||||||||||||||||
For the nine months ended September 30, 2012 | ||||||||||||||||||||||||
Charter | Intermediate Holding Companies | CCO | Charter Operating and Subsidiaries | Eliminations | Charter Consolidated | |||||||||||||||||||
Holdings | ||||||||||||||||||||||||
REVENUES | $ | 19 | $ | 113 | $ | — | $ | 5,591 | $ | (132 | ) | $ | 5,591 | |||||||||||
COSTS AND EXPENSES: | ||||||||||||||||||||||||
Operating costs and expenses (excluding depreciation and amortization) | 19 | 113 | — | 3,632 | (132 | ) | 3,632 | |||||||||||||||||
Depreciation and amortization | — | — | — | 1,247 | — | 1,247 | ||||||||||||||||||
Other operating expenses, net | — | — | — | 2 | — | 2 | ||||||||||||||||||
19 | 113 | — | 4,881 | (132 | ) | 4,881 | ||||||||||||||||||
Income from operations | — | — | — | 710 | — | 710 | ||||||||||||||||||
OTHER INCOME (EXPENSES): | ||||||||||||||||||||||||
Interest expense, net | — | (93 | ) | (398 | ) | (200 | ) | — | (691 | ) | ||||||||||||||
Loss on extinguishment of debt | — | (6 | ) | — | (68 | ) | — | (74 | ) | |||||||||||||||
Other expense, net | — | — | — | (1 | ) | — | (1 | ) | ||||||||||||||||
Equity in income (loss) of subsidiaries | (73 | ) | 4 | 402 | — | (333 | ) | — | ||||||||||||||||
(73 | ) | (95 | ) | 4 | (269 | ) | (333 | ) | (766 | ) | ||||||||||||||
Income (loss) before income taxes | (73 | ) | (95 | ) | 4 | 441 | (333 | ) | (56 | ) | ||||||||||||||
INCOME TAX EXPENSE | (200 | ) | — | — | (8 | ) | — | (208 | ) | |||||||||||||||
Consolidated net income (loss) | (273 | ) | (95 | ) | 4 | 433 | (333 | ) | (264 | ) | ||||||||||||||
Less: Net (income) loss – noncontrolling interest | 9 | 22 | — | (31 | ) | — | — | |||||||||||||||||
Net income (loss) | $ | (264 | ) | $ | (73 | ) | $ | 4 | $ | 402 | $ | (333 | ) | $ | (264 | ) | ||||||||
Charter Communications, Inc. | ||||||||||||||||||||||||
Condensed Consolidating Statement of Comprehensive Income (Loss) | ||||||||||||||||||||||||
For the nine months ended September 30, 2013 | ||||||||||||||||||||||||
Charter | Intermediate Holding Companies | CCO | Charter Operating and Subsidiaries | Eliminations | Charter Consolidated | |||||||||||||||||||
Holdings | ||||||||||||||||||||||||
Consolidated net income (loss) | $ | (218 | ) | $ | (126 | ) | $ | (130 | ) | $ | 481 | $ | (215 | ) | $ | (208 | ) | |||||||
Net impact of gains on interest rate derivative instruments, net of tax | — | — | — | 27 | — | 27 | ||||||||||||||||||
Comprehensive income (loss) | $ | (218 | ) | $ | (126 | ) | $ | (130 | ) | $ | 508 | $ | (215 | ) | $ | (181 | ) | |||||||
Charter Communications, Inc. | ||||||||||||||||||||||||
Condensed Consolidating Statement of Comprehensive Income (Loss) | ||||||||||||||||||||||||
For the nine months ended September 30, 2012 | ||||||||||||||||||||||||
Charter | Intermediate Holding Companies | CCO | Charter Operating and Subsidiaries | Eliminations | Charter Consolidated | |||||||||||||||||||
Holdings | ||||||||||||||||||||||||
Consolidated net income (loss) | $ | (273 | ) | $ | (95 | ) | $ | 4 | $ | 433 | $ | (333 | ) | $ | (264 | ) | ||||||||
Net impact of losses on interest rate derivative instruments, net of tax | — | — | — | (18 | ) | — | (18 | ) | ||||||||||||||||
Comprehensive income (loss) | $ | (273 | ) | $ | (95 | ) | $ | 4 | $ | 415 | $ | (333 | ) | $ | (282 | ) | ||||||||
Charter Communications, Inc. | ||||||||||||||||||||||||
Condensed Consolidating Statement of Cash Flows | ||||||||||||||||||||||||
For the nine months ended September 30, 2013 | ||||||||||||||||||||||||
Charter | Intermediate Holding Companies | CCO | Charter Operating and Subsidiaries | Eliminations | Charter Consolidated | |||||||||||||||||||
Holdings | ||||||||||||||||||||||||
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||||||||||||||||||
Consolidated net income (loss) | $ | (218 | ) | $ | (126 | ) | $ | (130 | ) | $ | 481 | $ | (215 | ) | $ | (208 | ) | |||||||
Adjustments to reconcile net income (loss) to net cash flows from operating activities: | ||||||||||||||||||||||||
Depreciation and amortization | — | — | — | 1,354 | — | 1,354 | ||||||||||||||||||
Noncash interest expense | — | — | 20 | 13 | — | 33 | ||||||||||||||||||
Loss on extinguishment of debt | — | — | 65 | 58 | — | 123 | ||||||||||||||||||
Gain on derivative instruments, net | — | — | — | (9 | ) | — | (9 | ) | ||||||||||||||||
Deferred income taxes | 110 | — | — | 2 | — | 112 | ||||||||||||||||||
Equity in (income) losses of subsidiaries | 101 | 130 | (446 | ) | — | 215 | — | |||||||||||||||||
Other, net | — | (1 | ) | — | 70 | — | 69 | |||||||||||||||||
Changes in operating assets and liabilities, net of effects from acquisitions: | ||||||||||||||||||||||||
Accounts receivable | — | (2 | ) | — | 12 | — | 10 | |||||||||||||||||
Prepaid expenses and other assets | — | — | — | (13 | ) | — | (13 | ) | ||||||||||||||||
Accounts payable, accrued liabilities and other | — | (7 | ) | 18 | 81 | — | 92 | |||||||||||||||||
Receivables from and payables to related party | 8 | 5 | (7 | ) | (6 | ) | — | — | ||||||||||||||||
Net cash flows from operating activities | 1 | (1 | ) | (480 | ) | 2,043 | — | 1,563 | ||||||||||||||||
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||||||||||||||||||
Purchases of property, plant and equipment | — | — | — | (1,259 | ) | — | (1,259 | ) | ||||||||||||||||
Change in accrued expenses related to capital expenditures | — | — | — | 21 | — | 21 | ||||||||||||||||||
Purchases of cable systems | — | — | — | (673 | ) | — | (673 | ) | ||||||||||||||||
Contribution to subsidiary | (54 | ) | (324 | ) | (987 | ) | — | 1,365 | — | |||||||||||||||
Distributions from subsidiary | — | 6 | 487 | — | (493 | ) | — | |||||||||||||||||
Other, net | — | — | — | (15 | ) | — | (15 | ) | ||||||||||||||||
Net cash flows from investing activities | (54 | ) | (318 | ) | (500 | ) | (1,926 | ) | 872 | (1,926 | ) | |||||||||||||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||||||||||||||||||
Borrowings of long-term debt | — | — | 2,000 | 4,569 | — | 6,569 | ||||||||||||||||||
Repayments of long-term debt | — | — | (955 | ) | (5,222 | ) | — | (6,177 | ) | |||||||||||||||
Borrowings (payments) loans payable - related parties | — | — | (93 | ) | 93 | — | — | |||||||||||||||||
Payments for debt issuance costs | — | — | (25 | ) | (25 | ) | — | (50 | ) | |||||||||||||||
Purchase of treasury stock | (11 | ) | — | — | — | — | (11 | ) | ||||||||||||||||
Proceeds from exercise of options and warrants | 67 | — | — | — | — | 67 | ||||||||||||||||||
Contributions from parent | — | 324 | 54 | 987 | (1,365 | ) | — | |||||||||||||||||
Distributions to parent | — | (5 | ) | (1 | ) | (487 | ) | 493 | — | |||||||||||||||
Other, net | — | — | — | (1 | ) | — | (1 | ) | ||||||||||||||||
Net cash flows from financing activities | 56 | 319 | 980 | (86 | ) | (872 | ) | 397 | ||||||||||||||||
NET INCREASE IN CASH AND CASH EQUIVALENTS | 3 | — | — | 31 | — | 34 | ||||||||||||||||||
CASH AND CASH EQUIVALENTS, beginning of period | 1 | — | — | 6 | — | 7 | ||||||||||||||||||
CASH AND CASH EQUIVALENTS, end of period | $ | 4 | $ | — | $ | — | $ | 37 | $ | — | $ | 41 | ||||||||||||
Charter Communications, Inc. | ||||||||||||||||||||||||
Condensed Consolidating Statement of Cash Flows | ||||||||||||||||||||||||
For the nine months ended September 30, 2012 | ||||||||||||||||||||||||
Charter | Intermediate Holding Companies | CCO | Charter Operating and Subsidiaries | Eliminations | Charter Consolidated | |||||||||||||||||||
Holdings | ||||||||||||||||||||||||
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||||||||||||||||||
Consolidated net income (loss) | $ | (273 | ) | $ | (95 | ) | $ | 4 | $ | 433 | $ | (333 | ) | $ | (264 | ) | ||||||||
Adjustments to reconcile net income (loss) to net cash flows from operating activities: | ||||||||||||||||||||||||
Depreciation and amortization | — | — | — | 1,247 | — | 1,247 | ||||||||||||||||||
Noncash interest expense | — | (21 | ) | 18 | 36 | — | 33 | |||||||||||||||||
Loss on extinguishment of debt | — | 6 | — | 68 | — | 74 | ||||||||||||||||||
Deferred income taxes | 200 | — | — | 3 | — | 203 | ||||||||||||||||||
Equity in (income) losses of subsidiaries | 73 | (4 | ) | (402 | ) | — | 333 | — | ||||||||||||||||
Other, net | — | (1 | ) | — | 26 | — | 25 | |||||||||||||||||
Changes in operating assets and liabilities: | ||||||||||||||||||||||||
Accounts receivable | — | — | — | 18 | — | 18 | ||||||||||||||||||
Prepaid expenses and other assets | 1 | 11 | — | (24 | ) | — | (12 | ) | ||||||||||||||||
Accounts payable, accrued liabilities and other | — | (90 | ) | 81 | 76 | — | 67 | |||||||||||||||||
Receivables from and payables to related party | 1 | 22 | (7 | ) | (16 | ) | — | — | ||||||||||||||||
Net cash flows from operating activities | 2 | (172 | ) | (306 | ) | 1,867 | — | 1,391 | ||||||||||||||||
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||||||||||||||||||
Purchases of property, plant and equipment | — | — | — | (1,296 | ) | — | (1,296 | ) | ||||||||||||||||
Change in accrued expenses related to capital expenditures | — | — | — | 16 | — | 16 | ||||||||||||||||||
Sales of cable systems | — | — | — | 19 | — | 19 | ||||||||||||||||||
Contribution to subsidiary | — | — | (1,244 | ) | — | 1,244 | — | |||||||||||||||||
Distributions from subsidiary | 3 | 582 | 870 | — | (1,455 | ) | — | |||||||||||||||||
Other, net | — | — | — | (18 | ) | — | (18 | ) | ||||||||||||||||
Net cash flows from investing activities | 3 | 582 | (374 | ) | (1,279 | ) | (211 | ) | (1,279 | ) | ||||||||||||||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||||||||||||||||||
Borrowings of long-term debt | — | — | 1,984 | 2,369 | — | 4,353 | ||||||||||||||||||
Repayments of long-term debt | — | (386 | ) | — | (3,168 | ) | — | (3,554 | ) | |||||||||||||||
Borrowings (payments) loans payable - related parties | — | — | (314 | ) | 314 | — | — | |||||||||||||||||
Payments for debt issuance costs | — | — | (27 | ) | (14 | ) | — | (41 | ) | |||||||||||||||
Purchase of treasury stock | (4 | ) | — | — | — | — | (4 | ) | ||||||||||||||||
Proceeds from exercise of options and warrants | 13 | — | — | — | — | 13 | ||||||||||||||||||
Contributions from parent | — | — | — | 1,244 | (1,244 | ) | — | |||||||||||||||||
Distributions to parent | — | (18 | ) | (567 | ) | (870 | ) | 1,455 | — | |||||||||||||||
Other, net | — | (3 | ) | — | (10 | ) | — | (13 | ) | |||||||||||||||
Net cash flows from financing activities | 9 | (407 | ) | 1,076 | (135 | ) | 211 | 754 | ||||||||||||||||
NET INCREASE IN CASH AND CASH EQUIVALENTS | 14 | 3 | 396 | 453 | — | 866 | ||||||||||||||||||
CASH AND CASH EQUIVALENTS, beginning of period | — | — | 2 | — | — | 2 | ||||||||||||||||||
CASH AND CASH EQUIVALENTS, end of period | $ | 14 | $ | 3 | $ | 398 | $ | 453 | $ | — | $ | 868 | ||||||||||||
Recently_Issued_Accounting_Sta
Recently Issued Accounting Standards (Notes) | 9 Months Ended |
Sep. 30, 2013 | |
Accounting Changes and Error Corrections [Abstract] | ' |
Recently Issued Accounting Standards | ' |
Recently Issued Accounting Standards | |
In June 2013, the Financial Accounting Standards Board's Emerging Issues Task Force reached a final consensus on Issue 13-C, Presentation of an Unrecognized Tax Benefit when a Net Operating Loss or Tax Credit Carryforward Exists ("Issue 13-C"). Issue 13-C states that entities should present the unrecognized tax benefit as a reduction of the deferred tax asset for a net operating loss or similar tax loss or tax credit carryforward rather than as a liability when the uncertain tax position would reduce the net operating loss or other carryforward under the tax law. Issue 13-C requires prospective application (including accounting for uncertain tax positions that exist upon date of adoption) with optional retrospective application and is effective for annual and interim periods beginning after December 15, 2013, with early adoption permitted. The Company adopted Issue 13-C in the second quarter of 2013 and applied it retrospectively. The adoption of Issue 13-C decreased prepaid expenses and other current assets by $3 million and other long-term liabilities by $202 million and increased deferred income taxes by $199 million as of December 31, 2012. |
Accounting_for_Derivative_Inst1
Accounting for Derivative Instruments and Hedging Activities (Policies) | 9 Months Ended |
Sep. 30, 2013 | |
Accounting Policies [Abstract] | ' |
Accounting for Derivative Instruments and Hedging Activities | ' |
The Company uses interest rate derivative instruments to manage its interest costs and reduce the Company’s exposure to increases in floating interest rates. The Company manages its exposure to fluctuations in interest rates by maintaining a mix of fixed and variable rate debt. Using interest rate derivative instruments, the Company agrees to exchange, at specified intervals through 2017, the difference between fixed and variable interest amounts calculated by reference to agreed-upon notional principal amounts. | |
The Company does not hold or issue derivative instruments for speculative trading purposes. The Company, until de-designating in the three months ended March 31, 2013, had certain interest rate derivative instruments that were designated as cash flow hedging instruments for GAAP purposes. Such instruments effectively converted variable interest payments on certain debt instruments into fixed payments. For qualifying hedges, realized derivative gains and losses offset related results on hedged items in the condensed consolidated statements of operations. The Company formally documented, designated and assessed the effectiveness of transactions that received hedge accounting. |
Acquisition_of_Bresnan_Tables
Acquisition of Bresnan (Tables) | 9 Months Ended | |||||||||||
Sep. 30, 2013 | ||||||||||||
Business Combinations [Abstract] | ' | |||||||||||
Calculation of Estimated Purchase Price | ' | |||||||||||
The tables below present the calculation of the purchase price and the preliminary allocation of the purchase price to the assets and liabilities acquired. | ||||||||||||
Purchase Price: | ||||||||||||
Purchase price | $ | 1,625 | ||||||||||
Bresnan debt assumed (including accrued interest) | (962 | ) | ||||||||||
Working capital adjustment | 10 | |||||||||||
Cash purchase price, net of cash acquired | $ | 673 | ||||||||||
Preliminary Purchase Price Allocation | ' | |||||||||||
Preliminary Purchase Price Allocation: | ||||||||||||
Property, plant and equipment | $ | 515 | ||||||||||
Franchises | 722 | |||||||||||
Customer relationships | 249 | |||||||||||
Goodwill | 206 | |||||||||||
Other noncurrent assets | 4 | |||||||||||
Current assets | 16 | |||||||||||
Current liabilities | (54 | ) | ||||||||||
Long-term debt (including accrued interest) | (985 | ) | ||||||||||
Cash purchase price, net of cash acquired | $ | 673 | ||||||||||
Pro Forma Information | ' | |||||||||||
The following unaudited pro forma financial information of Charter is based on the historical consolidated financial statements of Charter and the historical consolidated financial statements of Bresnan and is intended to provide information about how the acquisition of Bresnan and related financing may have affected Charter's historical consolidated financial statements if they had closed as of January 1, 2012. The pro forma financial information below is based on available information and assumptions that the Company believes are reasonable. The pro forma financial information is for illustrative and informational purposes only and is not intended to represent or be indicative of what Charter's financial condition or results of operations would have been had the transactions described above occurred on the date indicated. The pro forma financial information also should not be considered representative of Charter's future financial condition or results of operations. | ||||||||||||
Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||
2012 | 2013 | 2012 | ||||||||||
Revenues | $ | 2,009 | $ | 6,271 | $ | 5,972 | ||||||
Net loss | $ | (103 | ) | $ | (233 | ) | $ | (319 | ) | |||
Loss per common share, basic and diluted | $ | (1.03 | ) | $ | (2.30 | ) | $ | (3.20 | ) |
Franchises_Goodwill_and_Other_1
Franchises, Goodwill and Other Intangible Assets (Tables) | 9 Months Ended | ||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||
Goodwill and Intangible Assets Disclosure [Abstract] | ' | ||||||||||||||||||||||||
Indefinite-lived and finite-lived intangible assets | ' | ||||||||||||||||||||||||
As of September 30, 2013 and December 31, 2012, indefinite lived and finite-lived intangible assets are presented in the following table: | |||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | ||||||||||||||||||||||||
Gross Carrying Amount | Accumulated Amortization | Net Carrying Amount | Gross Carrying Amount | Accumulated Amortization | Net Carrying Amount | ||||||||||||||||||||
Indefinite-lived intangible assets: | |||||||||||||||||||||||||
Franchises | $ | 6,009 | $ | — | $ | 6,009 | $ | 5,287 | $ | — | $ | 5,287 | |||||||||||||
Goodwill | 1,159 | — | 1,159 | 953 | — | 953 | |||||||||||||||||||
Trademarks | 158 | — | 158 | 158 | — | 158 | |||||||||||||||||||
Other intangible assets | 4 | — | 4 | — | — | — | |||||||||||||||||||
$ | 7,330 | $ | — | $ | 7,330 | $ | 6,398 | $ | — | $ | 6,398 | ||||||||||||||
Finite-lived intangible assets: | |||||||||||||||||||||||||
Customer relationships | $ | 2,617 | $ | 1,152 | $ | 1,465 | $ | 2,368 | $ | 944 | $ | 1,424 | |||||||||||||
Other intangible assets | 126 | 40 | 86 | 105 | 29 | 76 | |||||||||||||||||||
$ | 2,743 | $ | 1,192 | $ | 1,551 | $ | 2,473 | $ | 973 | $ | 1,500 | ||||||||||||||
Expected future amortization expense on finite-lived intangible assets | ' | ||||||||||||||||||||||||
The Company expects amortization expense on its finite-lived intangible assets will be as follows. | |||||||||||||||||||||||||
Three months ended December 31, 2013 | $ | 80 | |||||||||||||||||||||||
2014 | 297 | ||||||||||||||||||||||||
2015 | 264 | ||||||||||||||||||||||||
2016 | 230 | ||||||||||||||||||||||||
2017 | 197 | ||||||||||||||||||||||||
Thereafter | 483 | ||||||||||||||||||||||||
$ | 1,551 | ||||||||||||||||||||||||
Accounts_Payable_and_Accrued_L1
Accounts Payable and Accrued Liabilities (Tables) | 9 Months Ended | ||||||||
Sep. 30, 2013 | |||||||||
Accounts Payable and Accrued Liabilities, Current [Abstract] | ' | ||||||||
Accounts Payable and Accrued Liabilities | ' | ||||||||
Accounts payable and accrued expenses consist of the following as of September 30, 2013 and December 31, 2012: | |||||||||
September 30, 2013 | December 31, 2012 | ||||||||
Accounts payable – trade | $ | 81 | $ | 107 | |||||
Accrued capital expenditures | 180 | 156 | |||||||
Deferred revenue | 90 | 81 | |||||||
Accrued liabilities: | |||||||||
Interest | 176 | 155 | |||||||
Programming costs | 389 | 323 | |||||||
Franchise related fees | 56 | 52 | |||||||
Compensation | 143 | 145 | |||||||
Other | 267 | 205 | |||||||
$ | 1,382 | $ | 1,224 | ||||||
LongTerm_Debt_Tables
Long-Term Debt (Tables) | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Debt Disclosure [Abstract] | ' | |||||||||||||||
Long-Term Debt | ' | |||||||||||||||
Long-term debt consists of the following as of September 30, 2013 and December 31, 2012: | ||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||
Principal Amount | Accreted Value | Principal Amount | Accreted Value | |||||||||||||
CCO Holdings, LLC: | ||||||||||||||||
7.250% senior notes due October 30, 2017 | $ | 1,000 | $ | 1,000 | $ | 1,000 | $ | 1,000 | ||||||||
7.875% senior notes due April 30, 2018 | — | — | 900 | 900 | ||||||||||||
7.000% senior notes due January 15, 2019 | 1,400 | 1,393 | 1,400 | 1,392 | ||||||||||||
8.125% senior notes due April 30, 2020 | 700 | 700 | 700 | 700 | ||||||||||||
7.375% senior notes due June 1, 2020 | 750 | 750 | 750 | 750 | ||||||||||||
5.250% senior notes due March 15, 2021 | 500 | 500 | — | — | ||||||||||||
6.500% senior notes due April 30, 2021 | 1,500 | 1,500 | 1,500 | 1,500 | ||||||||||||
6.625% senior notes due January 31, 2022 | 750 | 747 | 750 | 746 | ||||||||||||
5.250% senior notes due September 30, 2022 | 1,250 | 1,239 | 1,250 | 1,238 | ||||||||||||
5.125% senior notes due February 15, 2023 | 1,000 | 1,000 | 1,000 | 1,000 | ||||||||||||
5.750% senior notes due September 1, 2023 | 500 | 500 | — | — | ||||||||||||
5.750% senior notes due January 15, 2024 | 1,000 | 1,000 | — | — | ||||||||||||
Credit facility due September 6, 2014 | 350 | 339 | 350 | 332 | ||||||||||||
Charter Communications Operating, LLC: | ||||||||||||||||
Credit facilities | 3,679 | 3,638 | 3,337 | 3,250 | ||||||||||||
Long-Term Debt | $ | 14,379 | $ | 14,306 | $ | 12,937 | $ | 12,808 | ||||||||
Accounting_for_Derivative_Inst2
Accounting for Derivative Instruments and Hedging Activities (Tables) | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Derivative Instruments and Hedging Activities Disclosure [Abstract] | ' | |||||||||||||||
Schedule of derivative instruments effect on the Company's condensed consolidated balance sheets | ' | |||||||||||||||
The effect of interest rate derivative instruments on the Company’s condensed consolidated balance sheets is presented in the table below: | ||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||
Other long-term liabilities: | ||||||||||||||||
Fair value of interest rate derivatives designated as hedges | $ | — | $ | 67 | ||||||||||||
Fair value of interest rate derivatives not designated as hedges | $ | 27 | $ | — | ||||||||||||
Accrued interest: | ||||||||||||||||
Fair value of interest rate derivatives designated as hedges | $ | — | $ | 8 | ||||||||||||
Fair value of interest rate derivatives not designated as hedges | $ | 12 | $ | — | ||||||||||||
Accumulated other comprehensive loss: | ||||||||||||||||
Fair value of interest rate derivatives designated as hedges | $ | — | $ | (75 | ) | |||||||||||
Fair value of interest rate derivatives not designated as hedges | $ | (48 | ) | $ | — | |||||||||||
Schedule of derivative instruments effect on the Company's condensed consolidated statements of operations | ' | |||||||||||||||
The effects of interest rate derivative instruments on the Company’s condensed consolidated statements of operations is presented in the table below. | ||||||||||||||||
Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||
Gain (loss) on derivative instruments, net: | ||||||||||||||||
Change in fair value of interest rate derivative instruments not designated as cash flow hedges | $ | — | $ | — | $ | 29 | $ | — | ||||||||
Loss reclassified from accumulated other comprehensive loss into earnings as a result of cash flow hedge discontinuance | $ | (8 | ) | $ | — | $ | (20 | ) | $ | — | ||||||
Interest expense: | ||||||||||||||||
Loss reclassified from accumulated other comprehensive loss into interest expense | $ | — | $ | (10 | ) | $ | (10 | ) | $ | (27 | ) | |||||
Fair_Value_Measurements_Tables
Fair Value Measurements (Tables) | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||
Summary of Carrying and Fair Value of Debt | ' | ||||||||||||||||
A summary of the carrying value and fair value of the Company’s debt at September 30, 2013 and December 31, 2012 is as follows: | |||||||||||||||||
September 30, 2013 | December 31, 2012 | ||||||||||||||||
Carrying Value | Fair Value | Carrying Value | Fair Value | ||||||||||||||
Debt | |||||||||||||||||
CCO Holdings senior notes | $ | 10,329 | $ | 10,356 | $ | 9,226 | $ | 9,933 | |||||||||
Credit facilities | $ | 3,977 | $ | 3,971 | $ | 3,582 | $ | 3,695 | |||||||||
Operating_Costs_and_Expenses_T
Operating Costs and Expenses (Tables) | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Other Income and Expenses [Abstract] | ' | |||||||||||||||
Operating Costs and Expenses | ' | |||||||||||||||
Operating costs and expenses consist of the following for the years presented: | ||||||||||||||||
Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||
Programming | $ | 558 | $ | 497 | $ | 1,596 | $ | 1,484 | ||||||||
Franchise, regulatory and connectivity | 100 | 92 | 285 | 277 | ||||||||||||
Costs to service customers | 399 | 356 | 1,131 | 1,006 | ||||||||||||
Marketing | 128 | 105 | 352 | 324 | ||||||||||||
Other | 212 | 192 | 586 | 541 | ||||||||||||
$ | 1,397 | $ | 1,242 | $ | 3,950 | $ | 3,632 | |||||||||
Other_Operating_Expenses_Net_T
Other Operating Expenses, Net (Tables) | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Other Income and Expenses [Abstract] | ' | |||||||||||||||
Schedule of other operating expenses, net | ' | |||||||||||||||
Other operating expenses, net consist of the following for the years presented: | ||||||||||||||||
Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||
(Gain)/loss on sale of assets, net | $ | 5 | $ | 1 | $ | 6 | $ | (12 | ) | |||||||
Special charges, net | 3 | 2 | 18 | 14 | ||||||||||||
$ | 8 | $ | 3 | $ | 24 | $ | 2 | |||||||||
Income_Taxes_Tables
Income Taxes (Tables) | 9 Months Ended | ||||
Sep. 30, 2013 | |||||
Income Tax Disclosure [Abstract] | ' | ||||
Reconciliation of Unrecognized Tax Benefits | ' | ||||
A reconciliation of the beginning and ending amount of unrecognized tax benefits included in deferred income taxes on the accompanying consolidated balance sheets of the Company is as follows: | |||||
Balance at December 31, 2012 | $ | 202 | |||
Reductions due to tax positions related to prior year | (201 | ) | |||
Balance at September 30, 2013 | $ | 1 | |||
Stock_Compensation_Plans_Table
Stock Compensation Plans (Tables) | 9 Months Ended | |||||||||||
Sep. 30, 2013 | ||||||||||||
Share-based Compensation [Abstract] | ' | |||||||||||
Schedule of equity award grants in period | ' | |||||||||||
The Company granted the following equity awards for the years presented. | ||||||||||||
Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||
Stock options | 71,600 | 121,500 | 225,200 | 575,200 | ||||||||
Restricted stock | — | — | 12,700 | 243,800 | ||||||||
Restricted stock units | 19,200 | 31,900 | 59,000 | 94,300 | ||||||||
Consolidating_Schedules_Tables
Consolidating Schedules (Tables) | 9 Months Ended | |||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||
Condensed Financial Information of Parent Company Only Disclosure [Abstract] | ' | |||||||||||||||||||||||
Schedule of Condensed Consolidating Balance Sheet | ' | |||||||||||||||||||||||
Condensed consolidating financial statements as of September 30, 2013 and December 31, 2012 and for the nine months ended September 30, 2013 and 2012 follow. | ||||||||||||||||||||||||
Charter Communications, Inc. | ||||||||||||||||||||||||
Condensed Consolidating Balance Sheet | ||||||||||||||||||||||||
As of September 30, 2013 | ||||||||||||||||||||||||
Charter | Intermediate Holding Companies | CCO Holdings | Charter Operating and Subsidiaries | Eliminations | Charter Consolidated | |||||||||||||||||||
ASSETS | ||||||||||||||||||||||||
CURRENT ASSETS: | ||||||||||||||||||||||||
Cash and cash equivalents | $ | 4 | $ | — | $ | — | $ | 37 | $ | — | $ | 41 | ||||||||||||
Accounts receivable, net | — | 6 | — | 229 | — | 235 | ||||||||||||||||||
Receivables from related party | 62 | 164 | 8 | — | (234 | ) | — | |||||||||||||||||
Prepaid expenses and other current assets | 16 | 11 | — | 54 | — | 81 | ||||||||||||||||||
Total current assets | 82 | 181 | 8 | 320 | (234 | ) | 357 | |||||||||||||||||
INVESTMENT IN CABLE PROPERTIES: | ||||||||||||||||||||||||
Property, plant and equipment, net | — | 30 | — | 7,808 | — | 7,838 | ||||||||||||||||||
Franchises | — | — | — | 6,009 | — | 6,009 | ||||||||||||||||||
Customer relationships, net | — | — | — | 1,465 | — | 1,465 | ||||||||||||||||||
Goodwill | — | — | — | 1,159 | — | 1,159 | ||||||||||||||||||
Total investment in cable properties, net | — | 30 | — | 16,441 | — | 16,471 | ||||||||||||||||||
CC VIII PREFERRED INTEREST | 114 | 267 | — | — | (381 | ) | — | |||||||||||||||||
INVESTMENT IN SUBSIDIARIES | 1,086 | 245 | 10,486 | — | (11,817 | ) | — | |||||||||||||||||
LOANS RECEIVABLE – RELATED PARTY | — | 318 | 461 | — | (779 | ) | — | |||||||||||||||||
OTHER NONCURRENT ASSETS | — | 161 | 122 | 139 | — | 422 | ||||||||||||||||||
Total assets | $ | 1,282 | $ | 1,202 | $ | 11,077 | $ | 16,900 | $ | (13,211 | ) | $ | 17,250 | |||||||||||
LIABILITIES AND SHAREHOLDERS’/MEMBER’S EQUITY | ||||||||||||||||||||||||
CURRENT LIABILITIES: | ||||||||||||||||||||||||
Accounts payable and accrued liabilities | $ | 11 | $ | 110 | $ | 164 | $ | 1,097 | $ | — | $ | 1,382 | ||||||||||||
Payables to related party | — | — | — | 234 | (234 | ) | — | |||||||||||||||||
Total current liabilities | 11 | 110 | 164 | 1,331 | (234 | ) | 1,382 | |||||||||||||||||
LONG-TERM DEBT | — | — | 10,668 | 3,638 | — | 14,306 | ||||||||||||||||||
LOANS PAYABLE – RELATED PARTY | — | — | — | 779 | (779 | ) | — | |||||||||||||||||
DEFERRED INCOME TAXES | 1,210 | — | — | 222 | — | 1,432 | ||||||||||||||||||
OTHER LONG-TERM LIABILITIES | — | 6 | — | 63 | — | 69 | ||||||||||||||||||
Shareholders’/Member’s equity | 61 | 1,086 | 245 | 10,486 | (11,817 | ) | 61 | |||||||||||||||||
Noncontrolling interest | — | — | — | 381 | (381 | ) | — | |||||||||||||||||
Total shareholders’/member’s equity | 61 | 1,086 | 245 | 10,867 | (12,198 | ) | 61 | |||||||||||||||||
Total liabilities and shareholders’/member’s equity | $ | 1,282 | $ | 1,202 | $ | 11,077 | $ | 16,900 | $ | (13,211 | ) | $ | 17,250 | |||||||||||
Charter Communications, Inc. | ||||||||||||||||||||||||
Condensed Consolidating Balance Sheet | ||||||||||||||||||||||||
As of December 31, 2012 | ||||||||||||||||||||||||
Charter | Intermediate Holding Companies | CCO Holdings | Charter Operating and Subsidiaries | Eliminations | Charter Consolidated | |||||||||||||||||||
ASSETS | ||||||||||||||||||||||||
CURRENT ASSETS: | ||||||||||||||||||||||||
Cash and cash equivalents | $ | 1 | $ | — | $ | — | $ | 6 | $ | — | $ | 7 | ||||||||||||
Restricted cash and cash equivalents | — | — | — | 27 | — | 27 | ||||||||||||||||||
Accounts receivable, net | 1 | 3 | — | 230 | — | 234 | ||||||||||||||||||
Receivables from related party | 59 | 176 | 11 | — | (246 | ) | — | |||||||||||||||||
Prepaid expenses and other current assets | 16 | 8 | — | 38 | — | 62 | ||||||||||||||||||
Total current assets | 77 | 187 | 11 | 301 | (246 | ) | 330 | |||||||||||||||||
INVESTMENT IN CABLE PROPERTIES: | ||||||||||||||||||||||||
Property, plant and equipment, net | — | 32 | — | 7,174 | — | 7,206 | ||||||||||||||||||
Franchises | — | — | — | 5,287 | — | 5,287 | ||||||||||||||||||
Customer relationships, net | — | — | — | 1,424 | — | 1,424 | ||||||||||||||||||
Goodwill | — | — | — | 953 | — | 953 | ||||||||||||||||||
Total investment in cable properties, net | — | 32 | — | 14,838 | — | 14,870 | ||||||||||||||||||
CC VIII PREFERRED INTEREST | 104 | 242 | — | — | (346 | ) | — | |||||||||||||||||
INVESTMENT IN SUBSIDIARIES | 1,081 | 269 | 9,485 | — | (10,835 | ) | — | |||||||||||||||||
LOANS RECEIVABLE – RELATED PARTY | — | 309 | 359 | — | (668 | ) | — | |||||||||||||||||
OTHER NONCURRENT ASSETS | — | 163 | 118 | 115 | — | 396 | ||||||||||||||||||
Total assets | $ | 1,262 | $ | 1,202 | $ | 9,973 | $ | 15,254 | $ | (12,095 | ) | $ | 15,596 | |||||||||||
LIABILITIES AND SHAREHOLDERS’/MEMBER’S EQUITY | ||||||||||||||||||||||||
CURRENT LIABILITIES: | ||||||||||||||||||||||||
Accounts payable and accrued liabilities | $ | 12 | $ | 121 | $ | 146 | $ | 945 | $ | — | $ | 1,224 | ||||||||||||
Payables to related party | — | — | — | 246 | (246 | ) | — | |||||||||||||||||
Total current liabilities | 12 | 121 | 146 | 1,191 | (246 | ) | 1,224 | |||||||||||||||||
LONG-TERM DEBT | — | — | 9,558 | 3,250 | — | 12,808 | ||||||||||||||||||
LOANS PAYABLE – RELATED PARTY | — | — | — | 668 | (668 | ) | — | |||||||||||||||||
DEFERRED INCOME TAXES | 1,101 | — | — | 220 | — | 1,321 | ||||||||||||||||||
OTHER LONG-TERM LIABILITIES | — | — | — | 94 | — | 94 | ||||||||||||||||||
Shareholders’/Member’s equity | 149 | 1,081 | 269 | 9,485 | (10,835 | ) | 149 | |||||||||||||||||
Noncontrolling interest | — | — | — | 346 | (346 | ) | — | |||||||||||||||||
Total shareholders’/member’s equity | 149 | 1,081 | 269 | 9,831 | (11,181 | ) | 149 | |||||||||||||||||
Total liabilities and shareholders’/member’s equity | $ | 1,262 | $ | 1,202 | $ | 9,973 | $ | 15,254 | $ | (12,095 | ) | $ | 15,596 | |||||||||||
Schedule of Condensed Consolidating Statement of Operations | ' | |||||||||||||||||||||||
Charter Communications, Inc. | ||||||||||||||||||||||||
Condensed Consolidating Statement of Operations | ||||||||||||||||||||||||
For the nine months ended September 30, 2012 | ||||||||||||||||||||||||
Charter | Intermediate Holding Companies | CCO | Charter Operating and Subsidiaries | Eliminations | Charter Consolidated | |||||||||||||||||||
Holdings | ||||||||||||||||||||||||
REVENUES | $ | 19 | $ | 113 | $ | — | $ | 5,591 | $ | (132 | ) | $ | 5,591 | |||||||||||
COSTS AND EXPENSES: | ||||||||||||||||||||||||
Operating costs and expenses (excluding depreciation and amortization) | 19 | 113 | — | 3,632 | (132 | ) | 3,632 | |||||||||||||||||
Depreciation and amortization | — | — | — | 1,247 | — | 1,247 | ||||||||||||||||||
Other operating expenses, net | — | — | — | 2 | — | 2 | ||||||||||||||||||
19 | 113 | — | 4,881 | (132 | ) | 4,881 | ||||||||||||||||||
Income from operations | — | — | — | 710 | — | 710 | ||||||||||||||||||
OTHER INCOME (EXPENSES): | ||||||||||||||||||||||||
Interest expense, net | — | (93 | ) | (398 | ) | (200 | ) | — | (691 | ) | ||||||||||||||
Loss on extinguishment of debt | — | (6 | ) | — | (68 | ) | — | (74 | ) | |||||||||||||||
Other expense, net | — | — | — | (1 | ) | — | (1 | ) | ||||||||||||||||
Equity in income (loss) of subsidiaries | (73 | ) | 4 | 402 | — | (333 | ) | — | ||||||||||||||||
(73 | ) | (95 | ) | 4 | (269 | ) | (333 | ) | (766 | ) | ||||||||||||||
Income (loss) before income taxes | (73 | ) | (95 | ) | 4 | 441 | (333 | ) | (56 | ) | ||||||||||||||
INCOME TAX EXPENSE | (200 | ) | — | — | (8 | ) | — | (208 | ) | |||||||||||||||
Consolidated net income (loss) | (273 | ) | (95 | ) | 4 | 433 | (333 | ) | (264 | ) | ||||||||||||||
Less: Net (income) loss – noncontrolling interest | 9 | 22 | — | (31 | ) | — | — | |||||||||||||||||
Net income (loss) | $ | (264 | ) | $ | (73 | ) | $ | 4 | $ | 402 | $ | (333 | ) | $ | (264 | ) | ||||||||
Charter Communications, Inc. | ||||||||||||||||||||||||
Condensed Consolidating Statement of Comprehensive Income (Loss) | ||||||||||||||||||||||||
For the nine months ended September 30, 2013 | ||||||||||||||||||||||||
Charter | Intermediate Holding Companies | CCO | Charter Operating and Subsidiaries | Eliminations | Charter Consolidated | |||||||||||||||||||
Holdings | ||||||||||||||||||||||||
Consolidated net income (loss) | $ | (218 | ) | $ | (126 | ) | $ | (130 | ) | $ | 481 | $ | (215 | ) | $ | (208 | ) | |||||||
Net impact of gains on interest rate derivative instruments, net of tax | — | — | — | 27 | — | 27 | ||||||||||||||||||
Comprehensive income (loss) | $ | (218 | ) | $ | (126 | ) | $ | (130 | ) | $ | 508 | $ | (215 | ) | $ | (181 | ) | |||||||
Schedule of Condensed Consolidating Statement of Comprehensive Income (Loss) | ' | |||||||||||||||||||||||
Charter Communications, Inc. | ||||||||||||||||||||||||
Condensed Consolidating Statement of Comprehensive Income (Loss) | ||||||||||||||||||||||||
For the nine months ended September 30, 2013 | ||||||||||||||||||||||||
Charter | Intermediate Holding Companies | CCO | Charter Operating and Subsidiaries | Eliminations | Charter Consolidated | |||||||||||||||||||
Holdings | ||||||||||||||||||||||||
Consolidated net income (loss) | $ | (218 | ) | $ | (126 | ) | $ | (130 | ) | $ | 481 | $ | (215 | ) | $ | (208 | ) | |||||||
Net impact of gains on interest rate derivative instruments, net of tax | — | — | — | 27 | — | 27 | ||||||||||||||||||
Comprehensive income (loss) | $ | (218 | ) | $ | (126 | ) | $ | (130 | ) | $ | 508 | $ | (215 | ) | $ | (181 | ) | |||||||
Charter Communications, Inc. | ||||||||||||||||||||||||
Condensed Consolidating Statement of Comprehensive Income (Loss) | ||||||||||||||||||||||||
For the nine months ended September 30, 2012 | ||||||||||||||||||||||||
Charter | Intermediate Holding Companies | CCO | Charter Operating and Subsidiaries | Eliminations | Charter Consolidated | |||||||||||||||||||
Holdings | ||||||||||||||||||||||||
Consolidated net income (loss) | $ | (273 | ) | $ | (95 | ) | $ | 4 | $ | 433 | $ | (333 | ) | $ | (264 | ) | ||||||||
Net impact of losses on interest rate derivative instruments, net of tax | — | — | — | (18 | ) | — | (18 | ) | ||||||||||||||||
Comprehensive income (loss) | $ | (273 | ) | $ | (95 | ) | $ | 4 | $ | 415 | $ | (333 | ) | $ | (282 | ) | ||||||||
Schedule of Condensed Consolidating Statement of Cash Flows | ' | |||||||||||||||||||||||
Charter Communications, Inc. | ||||||||||||||||||||||||
Condensed Consolidating Statement of Cash Flows | ||||||||||||||||||||||||
For the nine months ended September 30, 2013 | ||||||||||||||||||||||||
Charter | Intermediate Holding Companies | CCO | Charter Operating and Subsidiaries | Eliminations | Charter Consolidated | |||||||||||||||||||
Holdings | ||||||||||||||||||||||||
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||||||||||||||||||
Consolidated net income (loss) | $ | (218 | ) | $ | (126 | ) | $ | (130 | ) | $ | 481 | $ | (215 | ) | $ | (208 | ) | |||||||
Adjustments to reconcile net income (loss) to net cash flows from operating activities: | ||||||||||||||||||||||||
Depreciation and amortization | — | — | — | 1,354 | — | 1,354 | ||||||||||||||||||
Noncash interest expense | — | — | 20 | 13 | — | 33 | ||||||||||||||||||
Loss on extinguishment of debt | — | — | 65 | 58 | — | 123 | ||||||||||||||||||
Gain on derivative instruments, net | — | — | — | (9 | ) | — | (9 | ) | ||||||||||||||||
Deferred income taxes | 110 | — | — | 2 | — | 112 | ||||||||||||||||||
Equity in (income) losses of subsidiaries | 101 | 130 | (446 | ) | — | 215 | — | |||||||||||||||||
Other, net | — | (1 | ) | — | 70 | — | 69 | |||||||||||||||||
Changes in operating assets and liabilities, net of effects from acquisitions: | ||||||||||||||||||||||||
Accounts receivable | — | (2 | ) | — | 12 | — | 10 | |||||||||||||||||
Prepaid expenses and other assets | — | — | — | (13 | ) | — | (13 | ) | ||||||||||||||||
Accounts payable, accrued liabilities and other | — | (7 | ) | 18 | 81 | — | 92 | |||||||||||||||||
Receivables from and payables to related party | 8 | 5 | (7 | ) | (6 | ) | — | — | ||||||||||||||||
Net cash flows from operating activities | 1 | (1 | ) | (480 | ) | 2,043 | — | 1,563 | ||||||||||||||||
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||||||||||||||||||
Purchases of property, plant and equipment | — | — | — | (1,259 | ) | — | (1,259 | ) | ||||||||||||||||
Change in accrued expenses related to capital expenditures | — | — | — | 21 | — | 21 | ||||||||||||||||||
Purchases of cable systems | — | — | — | (673 | ) | — | (673 | ) | ||||||||||||||||
Contribution to subsidiary | (54 | ) | (324 | ) | (987 | ) | — | 1,365 | — | |||||||||||||||
Distributions from subsidiary | — | 6 | 487 | — | (493 | ) | — | |||||||||||||||||
Other, net | — | — | — | (15 | ) | — | (15 | ) | ||||||||||||||||
Net cash flows from investing activities | (54 | ) | (318 | ) | (500 | ) | (1,926 | ) | 872 | (1,926 | ) | |||||||||||||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||||||||||||||||||
Borrowings of long-term debt | — | — | 2,000 | 4,569 | — | 6,569 | ||||||||||||||||||
Repayments of long-term debt | — | — | (955 | ) | (5,222 | ) | — | (6,177 | ) | |||||||||||||||
Borrowings (payments) loans payable - related parties | — | — | (93 | ) | 93 | — | — | |||||||||||||||||
Payments for debt issuance costs | — | — | (25 | ) | (25 | ) | — | (50 | ) | |||||||||||||||
Purchase of treasury stock | (11 | ) | — | — | — | — | (11 | ) | ||||||||||||||||
Proceeds from exercise of options and warrants | 67 | — | — | — | — | 67 | ||||||||||||||||||
Contributions from parent | — | 324 | 54 | 987 | (1,365 | ) | — | |||||||||||||||||
Distributions to parent | — | (5 | ) | (1 | ) | (487 | ) | 493 | — | |||||||||||||||
Other, net | — | — | — | (1 | ) | — | (1 | ) | ||||||||||||||||
Net cash flows from financing activities | 56 | 319 | 980 | (86 | ) | (872 | ) | 397 | ||||||||||||||||
NET INCREASE IN CASH AND CASH EQUIVALENTS | 3 | — | — | 31 | — | 34 | ||||||||||||||||||
CASH AND CASH EQUIVALENTS, beginning of period | 1 | — | — | 6 | — | 7 | ||||||||||||||||||
CASH AND CASH EQUIVALENTS, end of period | $ | 4 | $ | — | $ | — | $ | 37 | $ | — | $ | 41 | ||||||||||||
Charter Communications, Inc. | ||||||||||||||||||||||||
Condensed Consolidating Statement of Cash Flows | ||||||||||||||||||||||||
For the nine months ended September 30, 2012 | ||||||||||||||||||||||||
Charter | Intermediate Holding Companies | CCO | Charter Operating and Subsidiaries | Eliminations | Charter Consolidated | |||||||||||||||||||
Holdings | ||||||||||||||||||||||||
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||||||||||||||||||
Consolidated net income (loss) | $ | (273 | ) | $ | (95 | ) | $ | 4 | $ | 433 | $ | (333 | ) | $ | (264 | ) | ||||||||
Adjustments to reconcile net income (loss) to net cash flows from operating activities: | ||||||||||||||||||||||||
Depreciation and amortization | — | — | — | 1,247 | — | 1,247 | ||||||||||||||||||
Noncash interest expense | — | (21 | ) | 18 | 36 | — | 33 | |||||||||||||||||
Loss on extinguishment of debt | — | 6 | — | 68 | — | 74 | ||||||||||||||||||
Deferred income taxes | 200 | — | — | 3 | — | 203 | ||||||||||||||||||
Equity in (income) losses of subsidiaries | 73 | (4 | ) | (402 | ) | — | 333 | — | ||||||||||||||||
Other, net | — | (1 | ) | — | 26 | — | 25 | |||||||||||||||||
Changes in operating assets and liabilities: | ||||||||||||||||||||||||
Accounts receivable | — | — | — | 18 | — | 18 | ||||||||||||||||||
Prepaid expenses and other assets | 1 | 11 | — | (24 | ) | — | (12 | ) | ||||||||||||||||
Accounts payable, accrued liabilities and other | — | (90 | ) | 81 | 76 | — | 67 | |||||||||||||||||
Receivables from and payables to related party | 1 | 22 | (7 | ) | (16 | ) | — | — | ||||||||||||||||
Net cash flows from operating activities | 2 | (172 | ) | (306 | ) | 1,867 | — | 1,391 | ||||||||||||||||
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||||||||||||||||||
Purchases of property, plant and equipment | — | — | — | (1,296 | ) | — | (1,296 | ) | ||||||||||||||||
Change in accrued expenses related to capital expenditures | — | — | — | 16 | — | 16 | ||||||||||||||||||
Sales of cable systems | — | — | — | 19 | — | 19 | ||||||||||||||||||
Contribution to subsidiary | — | — | (1,244 | ) | — | 1,244 | — | |||||||||||||||||
Distributions from subsidiary | 3 | 582 | 870 | — | (1,455 | ) | — | |||||||||||||||||
Other, net | — | — | — | (18 | ) | — | (18 | ) | ||||||||||||||||
Net cash flows from investing activities | 3 | 582 | (374 | ) | (1,279 | ) | (211 | ) | (1,279 | ) | ||||||||||||||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||||||||||||||||||
Borrowings of long-term debt | — | — | 1,984 | 2,369 | — | 4,353 | ||||||||||||||||||
Repayments of long-term debt | — | (386 | ) | — | (3,168 | ) | — | (3,554 | ) | |||||||||||||||
Borrowings (payments) loans payable - related parties | — | — | (314 | ) | 314 | — | — | |||||||||||||||||
Payments for debt issuance costs | — | — | (27 | ) | (14 | ) | — | (41 | ) | |||||||||||||||
Purchase of treasury stock | (4 | ) | — | — | — | — | (4 | ) | ||||||||||||||||
Proceeds from exercise of options and warrants | 13 | — | — | — | — | 13 | ||||||||||||||||||
Contributions from parent | — | — | — | 1,244 | (1,244 | ) | — | |||||||||||||||||
Distributions to parent | — | (18 | ) | (567 | ) | (870 | ) | 1,455 | — | |||||||||||||||
Other, net | — | (3 | ) | — | (10 | ) | — | (13 | ) | |||||||||||||||
Net cash flows from financing activities | 9 | (407 | ) | 1,076 | (135 | ) | 211 | 754 | ||||||||||||||||
NET INCREASE IN CASH AND CASH EQUIVALENTS | 14 | 3 | 396 | 453 | — | 866 | ||||||||||||||||||
CASH AND CASH EQUIVALENTS, beginning of period | — | — | 2 | — | — | 2 | ||||||||||||||||||
CASH AND CASH EQUIVALENTS, end of period | $ | 14 | $ | 3 | $ | 398 | $ | 453 | $ | — | $ | 868 | ||||||||||||
Organization_and_Basis_of_Pres1
Organization and Basis of Presentation (Details) | 9 Months Ended |
Sep. 30, 2013 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ' |
Equity interest in Charter Communications Holding Company, LLC | 100.00% |
Acquisition_of_Bresnan_Details
Acquisition of Bresnan (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Jul. 31, 2013 | Jul. 31, 2013 | Jul. 31, 2013 | Jul. 31, 2013 |
In Millions, except Per Share data, unless otherwise specified | Bresnan [Member] | Bresnan [Member] | Bresnan [Member] | Bresnan [Member] | Bresnan [Member] | Charter Operating [Member] | Bresnan [Member] | Bresnan [Member] | ||
Term Loan E [Member] | Bresnan credit facility [Member] | 8.00% senior notes due 2018 [Member] | ||||||||
Business Acquisition [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Purchase price | ' | ' | ' | ' | ' | ' | $1,625 | ' | ' | ' |
Principal Amount, credit facilities | ' | ' | ' | ' | ' | ' | ' | 1,500 | 711 | ' |
Acquisition related costs | ' | ' | ' | ' | ' | ' | 16 | ' | ' | ' |
Bresnan debt assumed (including accrued interest) | ' | ' | ' | ' | ' | ' | -962 | ' | ' | ' |
Working capital adjustment | ' | ' | ' | ' | ' | ' | 10 | ' | ' | ' |
Cash purchase price, net of cash acquired | ' | ' | ' | ' | ' | ' | 673 | ' | ' | ' |
Property, Plant, and Equipment | ' | ' | ' | ' | ' | ' | 515 | ' | ' | ' |
Franchises | ' | ' | ' | ' | ' | ' | 722 | ' | ' | ' |
Customer relationships | ' | ' | ' | ' | ' | ' | 249 | ' | ' | ' |
Goodwill | 1,159 | 953 | ' | ' | ' | ' | 206 | ' | ' | ' |
Other noncurrent assets | ' | ' | ' | ' | ' | ' | 4 | ' | ' | ' |
Current assets | ' | ' | ' | ' | ' | ' | 16 | ' | ' | ' |
Current liabilities | ' | ' | ' | ' | ' | ' | -54 | ' | ' | ' |
Long-term debt (including accrued interest) | ' | ' | ' | ' | ' | ' | -985 | ' | ' | ' |
Principal Amount | 14,379 | 12,937 | ' | ' | ' | ' | ' | ' | ' | 250 |
Stated interest rate (percentage) | ' | ' | ' | ' | ' | ' | ' | ' | ' | 8.00% |
Tender Premium | ' | ' | ' | ' | ' | ' | ' | ' | ' | 23 |
Long-term Debt, Fair Value | ' | ' | ' | ' | ' | ' | ' | ' | ' | 274 |
Revenue of acquiree since acquisition date | ' | ' | 134 | ' | 134 | ' | ' | ' | ' | ' |
Net Loss of acquiree since acquisition date | ' | ' | 16 | ' | 16 | ' | ' | ' | ' | ' |
Pro forma revenues | ' | ' | ' | 2,009 | 6,271 | 5,972 | ' | ' | ' | ' |
Pro forma net Ioss | ' | ' | ' | ($103) | ($233) | ($319) | ' | ' | ' | ' |
Pro forma loss per common share, basic and diluted (in dollars per share) | ' | ' | ' | ($1.03) | ($2.30) | ($3.20) | ' | ' | ' | ' |
Franchises_Goodwill_and_Other_2
Franchises, Goodwill and Other Intangible Assets Indefinite and Finite-Lived Intangibles (Details) (USD $) | 3 Months Ended | 9 Months Ended | |
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 |
Indefinite-lived intangible assets: [Abstract] | ' | ' | ' |
Goodwill | $1,159 | $1,159 | $953 |
Total indefinite lived intangible assets | 7,330 | 7,330 | 6,398 |
Finite-lived intangible assets [Abstract] | ' | ' | ' |
Gross carrying amount | 2,743 | 2,743 | 2,473 |
Accumulated amortization | 1,192 | 1,192 | 973 |
Net carrying amount | 1,551 | 1,551 | 1,500 |
Customer Relationships [Member] | ' | ' | ' |
Finite-lived intangible assets [Abstract] | ' | ' | ' |
Gross carrying amount | 2,617 | 2,617 | 2,368 |
Accumulated amortization | 1,152 | 1,152 | 944 |
Net carrying amount | 1,465 | 1,465 | 1,424 |
Finite-lived Intangible Assets Acquired | 249 | 249 | ' |
Other intangible assets [Member] | ' | ' | ' |
Finite-lived intangible assets [Abstract] | ' | ' | ' |
Gross carrying amount | 126 | 126 | 105 |
Accumulated amortization | 40 | 40 | 29 |
Net carrying amount | 86 | 86 | 76 |
Franchises [Member] | ' | ' | ' |
Indefinite-lived intangible assets: [Abstract] | ' | ' | ' |
Indefinite lived intangible assets, gross | 6,009 | 6,009 | 5,287 |
Indefinite-lived Intangible Assets Acquired | 722 | 722 | ' |
Goodwill [Member] | ' | ' | ' |
Indefinite-lived intangible assets: [Abstract] | ' | ' | ' |
Goodwill | 1,159 | 1,159 | 953 |
Indefinite-lived Intangible Assets Acquired | 206 | 206 | ' |
Trademarks [Member] | ' | ' | ' |
Indefinite-lived intangible assets: [Abstract] | ' | ' | ' |
Indefinite lived intangible assets, gross | 158 | 158 | 158 |
Other intangible assets [Member] | ' | ' | ' |
Indefinite-lived intangible assets: [Abstract] | ' | ' | ' |
Indefinite lived intangible assets, gross | $4 | $4 | $0 |
Franchises_Goodwill_and_Other_3
Franchises, Goodwill and Other Intangible Assets Other Intangibles Assets Amortization Expense (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Goodwill and Intangible Assets Disclosure [Abstract] | ' | ' | ' | ' |
Finite-lived intangible assets, amortization expense | $82 | $74 | $219 | $222 |
Franchises_Goodwill_and_Other_4
Franchises, Goodwill and Other Intangible Assets Future Amortization Expense (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Goodwill and Intangible Assets Disclosure [Abstract] | ' | ' |
Three months ending December 31, 2013 | $80 | ' |
2014 | 297 | ' |
2015 | 264 | ' |
2016 | 230 | ' |
2017 | 197 | ' |
Thereafter | 483 | ' |
Net carrying amount | $1,551 | $1,500 |
Accounts_Payable_and_Accrued_L2
Accounts Payable and Accrued Liabilities (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Accounts Payable and Accrued Liabilities, Current [Abstract] | ' | ' |
Accounts payable - trade | $81 | $107 |
Accrued capital expenditures | 180 | 156 |
Deferred revenue | 90 | 81 |
Accrued liabilities: | ' | ' |
Interest | 176 | 155 |
Programming costs | 389 | 323 |
Franchise related fees | 56 | 52 |
Compensation | 143 | 145 |
Other | 267 | 205 |
Total | $1,382 | $1,224 |
LongTerm_Debt_Details
Long-Term Debt (Details) (USD $) | 1 Months Ended | 2 Months Ended | 3 Months Ended | 9 Months Ended | 1 Months Ended | 9 Months Ended | 1 Months Ended | 1 Months Ended | 1 Months Ended | 9 Months Ended | 9 Months Ended | 1 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
31-May-13 | Apr. 30, 2013 | Jun. 30, 2013 | Sep. 30, 2013 | Mar. 31, 2013 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Jan. 31, 2012 | Nov. 30, 2009 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2010 | Sep. 30, 2013 | Dec. 31, 2012 | Apr. 30, 2010 | Sep. 30, 2013 | Dec. 31, 2012 | Jan. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Apr. 30, 2010 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | 31-May-11 | Sep. 30, 2013 | Dec. 31, 2012 | Jan. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Aug. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | 31-May-13 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Jan. 31, 2012 | Jan. 31, 2012 | Apr. 30, 2004 | Jan. 31, 2012 | Mar. 31, 2008 | Apr. 30, 2012 | Apr. 30, 2012 | Apr. 30, 2012 | Apr. 30, 2013 | 31-May-13 | Jul. 31, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Jul. 31, 2013 | Apr. 30, 2012 | 31-May-13 | Jul. 31, 2013 | |
CCH II [Member] | CCH II [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | CCO Holdings [Member] | Charter Operating [Member] | Charter Operating [Member] | Charter Operating [Member] | Charter Operating [Member] | Charter Operating [Member] | Charter Operating [Member] | Charter Operating [Member] | Charter Operating [Member] | Charter Operating [Member] | Charter Operating [Member] | Charter Operating [Member] | Charter Operating [Member] | Charter Operating [Member] | Charter Operating [Member] | Senior Notes Payable [Member] | Minimum [Member] | Maximum [Member] | LIBOR [Member] | LIBOR [Member] | LIBOR [Member] | LIBOR [Member] | LIBOR [Member] | LIBOR [Member] | LIBOR [Member] | LIBOR [Member] | LIBOR [Member] | ||||||||||||
13.500% senior notes due November 30, 2016 [Member] | 13.500% senior notes due November 30, 2016 [Member] | 7.250% senior notes due October 30, 2017 [Member] | 7.250% senior notes due October 30, 2017 [Member] | 7.250% senior notes due October 30, 2017 [Member] | 7.875% senior notes due April 30, 2018 [Member] | 7.875% senior notes due April 30, 2018 [Member] | 7.875% senior notes due April 30, 2018 [Member] | 7.000% senior notes due January 15, 2019 [Member] | 7.000% senior notes due January 15, 2019 [Member] | 7.000% senior notes due January 15, 2019 [Member] | 8.125% senior notes due April 30, 2020 [Member] | 8.125% senior notes due April 30, 2020 [Member] | 8.125% senior notes due April 30, 2020 [Member] | 7.375% senior notes due June 1, 2020 [Member] | 7.375% senior notes due June 1, 2020 [Member] | 7.375% senior notes due June 1, 2020 [Member] | 5.250% senior notes due March 15, 2021 [Member] | 5.250% senior notes due March 15, 2021 [Member] | 5.250% senior notes due March 15, 2021 [Member] | 6.500% senior notes due April 30, 2021 [Member] | 6.500% senior notes due April 30, 2021 [Member] | 6.500% senior notes due April 30, 2021 [Member] | 6.625% senior notes due January 31, 2022 [Member] | 6.625% senior notes due January 31, 2022 [Member] | 6.625% senior notes due January 31, 2022 [Member] | 5.250% senior notes due September 30, 2022 [Member] | 5.250% senior notes due September 30, 2022 [Member] | 5.250% senior notes due September 30, 2022 [Member] | 5.125% senior notes due February 15, 2023 [Member] | 5.125% senior notes due February 15, 2023 [Member] | 5.750% senior notes due September 1, 2023 [Member] | 5.750% senior notes due September 1, 2023 [Member] | 5.750% senior notes due September 1, 2023 [Member] | 5.750% senior notes due January 15, 2024 [Member] | 5.750% senior notes due January 15, 2024 [Member] | 5.750% senior notes due January 15, 2024 [Member] | CCO Holdings credit facility due September 6, 2014 [Member] | CCO Holdings credit facility due September 6, 2014 [Member] | Charter Operating credit facilities [Member] | Charter Operating credit facilities [Member] | Charter Operating credit facilities [Member] | Term Loan A [Member] | 8.000% senior second-lien notes due April 30, 2012 [Member] | 8.000% senior second-lien notes due April 30, 2012 [Member] | 10.875% senior second lien notes due September 15, 2014 [Member] | 10.875% senior second lien notes due September 15, 2014 [Member] | Term Loan D [Member] | Revolving credit facility due 2015 [Member] | Revolving credit facility due 2017 [Member] | Revolving credit facility due 2018 [Member] | Term Loan F [Member] | Term Loan E [Member] | CCO Holdings [Member] | Senior Notes Payable [Member] | Senior Notes Payable [Member] | Charter Operating [Member] | Charter Operating [Member] | Charter Operating [Member] | Charter Operating [Member] | Charter Operating [Member] | Charter Operating [Member] | Minimum [Member] | Minimum [Member] | Minimum [Member] | |||||||||||||||
CCO Holdings [Member] | CCO Holdings [Member] | Term Loan A [Member] | Term Loan D [Member] | Revolving credit facility due 2017 [Member] | Revolving credit facility due 2018 [Member] | Term Loan F [Member] | Term Loan E [Member] | Charter Operating [Member] | Charter Operating [Member] | Charter Operating [Member] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Term Loan D [Member] | Term Loan F [Member] | Term Loan E [Member] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Principal Amount | ' | ' | ' | $14,379,000,000 | ' | ' | ' | ' | $14,379,000,000 | ' | $12,937,000,000 | ' | ' | ' | ' | ' | $1,000,000,000 | $1,000,000,000 | ' | $0 | $900,000,000 | ' | $1,400,000,000 | $1,400,000,000 | ' | $700,000,000 | $700,000,000 | ' | $750,000,000 | $750,000,000 | ' | $500,000,000 | ' | $0 | $1,500,000,000 | $1,500,000,000 | ' | $750,000,000 | $750,000,000 | $750,000,000 | $1,250,000,000 | $1,250,000,000 | ' | $1,000,000,000 | $1,000,000,000 | $500,000,000 | ' | $0 | $1,000,000,000 | $1,000,000,000 | $0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $1,200,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Principal Amount, credit facilities | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 350,000,000 | 350,000,000 | 3,679,000,000 | ' | 3,337,000,000 | 500,000,000 | ' | ' | ' | ' | 750,000,000 | ' | ' | ' | ' | 1,500,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Accreted Value | ' | ' | ' | 14,306,000,000 | ' | ' | ' | ' | 14,306,000,000 | ' | 12,808,000,000 | ' | ' | 10,668,000,000 | ' | 9,558,000,000 | 1,000,000,000 | 1,000,000,000 | ' | 0 | 900,000,000 | ' | 1,393,000,000 | 1,392,000,000 | ' | 700,000,000 | 700,000,000 | ' | 750,000,000 | 750,000,000 | ' | 500,000,000 | ' | 0 | 1,500,000,000 | 1,500,000,000 | ' | 747,000,000 | 746,000,000 | ' | 1,239,000,000 | 1,238,000,000 | ' | 1,000,000,000 | 1,000,000,000 | 500,000,000 | ' | 0 | 1,000,000,000 | ' | 0 | 339,000,000 | 332,000,000 | 3,638,000,000 | ' | 3,250,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Credit Facility Availability | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 978,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stated interest rate (percentage) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 13.50% | ' | ' | ' | ' | ' | 7.25% | ' | ' | 7.88% | ' | ' | 7.00% | ' | ' | 8.13% | ' | ' | 7.38% | ' | 5.25% | ' | ' | ' | 6.50% | ' | ' | 6.63% | ' | ' | 5.25% | ' | 5.13% | ' | 5.75% | ' | ' | 5.75% | ' | ' | ' | ' | ' | ' | ' | ' | 8.00% | ' | 10.88% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt discount (percentage of principal) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 99.50% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 99.50% | ' | ' | ' | 99.75% | 99.50% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Extinguishment of Debt, Amount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 334,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 300,000,000 | ' | 294,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loss on extinguishment of debt | -14,000,000 | -2,000,000 | -65,000,000 | 0 | -42,000,000 | 0 | -59,000,000 | -15,000,000 | -123,000,000 | -74,000,000 | ' | ' | ' | -65,000,000 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Libor spread (percentage) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2.00% | 3.00% | 2.25% | 2.00% | 2.25% | 2.25% | ' | ' | ' |
Libor floor (percentage) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1.00% | 0.75% | 0.75% |
Credit facility, Maximum Borrowing Capacity | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,300,000,000 | 1,150,000,000 | 1,300,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Redemption price (percentage) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 100.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Maximum redemption percentage (percentage) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 35.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Redemption premium percent, change in control (percentage) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 101.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instruments, Maximum Incremental Term Loan Borrowings Amount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $7,500,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Credit facility commitment fee (percentage) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.35% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common_Stock_Details
Common Stock (Details) (Class A Common Stock [Member], USD $) | 1 Months Ended | 3 Months Ended | 9 Months Ended | ||||
In Millions, except Share data, unless otherwise specified | Jul. 31, 2013 | Jan. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Mar. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Class A Common Stock [Member] | ' | ' | ' | ' | ' | ' | ' |
Equity, Class of Treasury Stock [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Number of shares purchased (in shares) | ' | 49,332 | ' | ' | ' | ' | ' |
Price per share paid (in dollars per share) | ' | $55.18 | ' | ' | ' | ' | ' |
Total consideration of stock purchase | ' | ' | $1 | ' | $3 | $11 | $1 |
Shares withheld in payment of income tax withholding owed by employees (in shares) | ' | ' | 7,245 | 4,632 | ' | 113,345 | 15,556 |
Stock issued during period from exercise of warrants (in shares) | 2,300,000 | ' | ' | ' | ' | ' | ' |
Exercise price of warrants (in dollars per share) | 19.8 | ' | ' | ' | ' | ' | ' |
Proceeds from Warrant Exercises | $46 | ' | ' | ' | ' | ' | ' |
Accounting_for_Derivative_Inst3
Accounting for Derivative Instruments and Hedging Activities Derivative instruments effect on the Company's condensed consolidated balance sheets (Details) (Interest Rate Swap [Member], USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Other long-term liabilities [Member] | Not Designated as Hedging Instrument [Member] | ' | ' |
Derivatives, Fair Value [Line Items] | ' | ' |
Fair value of interest rate derivatives not designated as hedges | $27 | $0 |
Other long-term liabilities [Member] | Designated as Hedging Instrument [Member] | ' | ' |
Derivatives, Fair Value [Line Items] | ' | ' |
Fair value of interest rate derivatives designated as hedges | 0 | 67 |
Accrued interest [Member] | Not Designated as Hedging Instrument [Member] | ' | ' |
Derivatives, Fair Value [Line Items] | ' | ' |
Fair value of interest rate derivatives not designated as hedges | 12 | 0 |
Accrued interest [Member] | Designated as Hedging Instrument [Member] | ' | ' |
Derivatives, Fair Value [Line Items] | ' | ' |
Fair value of interest rate derivatives designated as hedges | 0 | 8 |
Accumulated other comprehensive loss [Member] | Not Designated as Hedging Instrument [Member] | ' | ' |
Derivatives, Fair Value [Line Items] | ' | ' |
Fair value of interest rate derivatives not designated as hedges | -48 | 0 |
Accumulated other comprehensive loss [Member] | Designated as Hedging Instrument [Member] | ' | ' |
Derivatives, Fair Value [Line Items] | ' | ' |
Fair value of interest rate derivatives designated as hedges | $0 | ($75) |
Accounting_for_Derivative_Inst4
Accounting for Derivative Instruments and Hedging Activities Derivative instruments effect on the Company's condensed consolidated statements of operations (Details) (Interest Rate Swap [Member], Cash Flow Hedging [Member], USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Interest Expense [Member] | ' | ' | ' | ' |
Derivative instruments, Gain (Loss) [Line Items] | ' | ' | ' | ' |
Loss reclassified from accumulated other comprehensive loss into earnings | $0 | ($10) | ($10) | ($27) |
Gain (loss) on derivative instruments, net [Member] | ' | ' | ' | ' |
Derivative instruments, Gain (Loss) [Line Items] | ' | ' | ' | ' |
Change in fair value of interest rate derivative instruments not designated as cash flow hedges | 0 | 0 | 29 | 0 |
Loss reclassified from accumulated other comprehensive loss into earnings | ($8) | $0 | ($20) | $0 |
Accounting_for_Derivative_Inst5
Accounting for Derivative Instruments and Hedging Activities (Details) (USD $) | 9 Months Ended | |
Sep. 30, 2013 | Dec. 31, 2012 | |
Derivative Instruments and Hedging Activities Disclosure [Abstract] | ' | ' |
Cash Flow Hedge Loss to be Reclassified within Twelve Months | $23,000,000 | ' |
Derivative, Notional Amount | 2,200,000,000 | 3,100,000,000 |
Delayed start interest rate derivative instruments | 550,000,000 | ' |
Notional amount of currently effective interest rate swaps | $1,700,000,000 | ' |
Fair_Value_Measurements_Detail
Fair Value Measurements (Details) (USD $) | 3 Months Ended | 9 Months Ended | |||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ' | ' |
Asset Impairment Charges | $0 | $0 | $0 | $0 | ' |
Carrying Value | 14,306 | ' | 14,306 | ' | 12,808 |
Weighted average pay rate for the Company's interest rate swap agreements (in hundredths) | 2.17% | ' | 2.17% | ' | 2.25% |
CCO Holdings debt [Member] | ' | ' | ' | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ' | ' |
Carrying Value | 10,329 | ' | 10,329 | ' | 9,226 |
Credit facilities [Member] | ' | ' | ' | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ' | ' |
Carrying Value | 3,977 | ' | 3,977 | ' | 3,582 |
Fair Value, Inputs, Level 1 [Member] | CCO Holdings debt [Member] | ' | ' | ' | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ' | ' |
Fair Value | 10,356 | ' | 10,356 | ' | 9,933 |
Fair Value, Inputs, Level 1 [Member] | Credit facilities [Member] | ' | ' | ' | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ' | ' |
Fair Value | 3,971 | ' | 3,971 | ' | 3,695 |
Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ' | ' |
Fair value of interest rate derivatives not designated as hedges | 39 | ' | 39 | ' | ' |
Fair value of interest rate derivatives designated as hedges | ' | ' | ' | ' | $75 |
Operating_Costs_and_Expenses_D
Operating Costs and Expenses (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Other Income and Expenses [Abstract] | ' | ' | ' | ' |
Programming | $558 | $497 | $1,596 | $1,484 |
Franchise, regulatory and connectivity | 100 | 92 | 285 | 277 |
Cost to service customers | 399 | 356 | 1,131 | 1,006 |
Marketing | 128 | 105 | 352 | 324 |
Other | 212 | 192 | 586 | 541 |
Operating costs and expenses (excluding depreciation and amortization) | $1,397 | $1,242 | $3,950 | $3,632 |
Other_Operating_Expenses_Net_D
Other Operating Expenses, Net (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Other Income and Expenses [Abstract] | ' | ' | ' | ' |
(Gain)/loss on sale of assets, net | $5 | $1 | $6 | ($12) |
Special charges, net | 3 | 2 | 18 | 14 |
Other operating expenses, net | $8 | $3 | $24 | $2 |
Income_Taxes_Details
Income Taxes (Details) (USD $) | 3 Months Ended | 9 Months Ended | |||||||||||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | 31-May-13 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 |
Charter Holdco Subsidiaries [Member] | Charter Holdco Subsidiaries [Member] | Liberty Media [Member] | 2013 [Member] | 2014 [Member] | 2015 [Member] | 2016 [Member] | 2017 and thereafter [Member] | ||||||
Income Tax Contingency [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Income tax expense | $57 | $69 | $124 | $208 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Decrease in Deferred Income Taxes | ' | ' | 58 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Deferred Tax Liabilities, Net | 1,400 | ' | 1,400 | ' | 1,300 | 221 | 219 | ' | ' | ' | ' | ' | ' |
Deferred Tax Assets, Net, Current | 17 | ' | 17 | ' | 18 | ' | ' | ' | ' | ' | ' | ' | ' |
Unrecognized Tax Benefits, period start | ' | ' | 202 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Reductions due to tax positions related to prior year | ' | ' | -201 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Unrecognized Tax Benefits, period end | 1 | ' | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Liberty Media interest in Charter (percentage) | ' | ' | ' | ' | ' | ' | ' | 27.00% | ' | ' | ' | ' | ' |
Operating Loss Carryforwards | ' | ' | ' | ' | ' | ' | ' | ' | $1,100 | $2,000 | $2,100 | $300 | $226 |
Related_Party_Transactions_Det
Related Party Transactions (Details) (USD $) | Sep. 30, 2013 | 31-May-13 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | 31-May-13 |
Share data in Millions, except Per Share data, unless otherwise specified | Liberty Media [Member] | Liberty Interactive [Member] | Liberty Interactive [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | |
Liberty Media [Member] | |||||||
Related Party Transaction [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Number of shares Liberty Media acquired from Charter's beneficial owners (in shares) | ' | 26.9 | ' | ' | ' | ' | ' |
Number of warrants Liberty Media acquired from Charter's beneficial owners (in shares) | ' | 1.1 | ' | ' | ' | ' | ' |
Amount paid for interest in Charter | ' | $2,600,000,000 | ' | ' | ' | ' | ' |
Ownership interest (percentage) | ' | 27.00% | ' | ' | ' | ' | ' |
Price paid per share for interest in Charter (in dollars per share) | ' | $95.50 | ' | ' | ' | ' | ' |
Equity method investment, maximum ownership percentage until January 2016 (percentage) | ' | ' | ' | ' | ' | ' | 35.00% |
Equity method investment, maximum ownership percentage after January 2016 (percentage) | ' | ' | ' | ' | ' | ' | 39.99% |
Dr. John Malone's voting interest in Liberty Interactive Corp. (percentage) | ' | ' | 34.50% | 34.50% | ' | ' | ' |
Liberty Interactive Corp.'s ownership percentage in HSN, Inc. (percentage) | ' | ' | 36.90% | 36.90% | ' | ' | ' |
Percent of board members Liberty Interactive Corp. can elect to HSN Inc.'s board (percentage) | ' | ' | 20.00% | 20.00% | ' | ' | ' |
Payments received from HSN and QVC | ' | ' | $3,000,000 | $6,000,000 | ' | ' | ' |
Dr. John Malone's ownership percentage in Discovery Communications, Inc. (percentage) | 4.30% | ' | ' | ' | ' | ' | ' |
Dr. John Malone's voting interest in Discovery Communications, Inc. for election of directors (percentage) | 29.20% | ' | ' | ' | ' | ' | ' |
Dr. John Malone's ownership percentage in Starz (percentage) | 9.20% | ' | ' | ' | ' | ' | ' |
Dr. John Malone's voting interest in Starz (percentage) | 42.80% | ' | ' | ' | ' | ' | ' |
Percent of total operating costs and expenses paid to Discovery and Starz (percentage) | ' | ' | ' | ' | 3.00% | 3.00% | ' |
Contingencies_Details
Contingencies (Details) (USD $) | 0 Months Ended | |||
In Millions, unless otherwise specified | Nov. 30, 2009 | Sep. 30, 2013 | Dec. 31, 2012 | Oct. 31, 2007 |
Convertible Debt [Member] | ||||
Debt Instrument [Line Items] | ' | ' | ' | ' |
Principal Amount | ' | $14,379 | $12,937 | $479 |
Stated interest rate (percentage) | ' | ' | ' | 6.50% |
Disbursements under Bankruptcy Court Orders | $168 | ' | ' | ' |
Stock_Compensation_Plans_Detai
Stock Compensation Plans (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, except Share data, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' | ' |
Additional shares authorized (in shares) | 6,000,000 | ' | ' | ' |
Stock compensation expense | $11 | $13 | $37 | $37 |
Stock Options [Member] | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' | ' |
Stock options granted in period (in shares) | 71,600 | 121,500 | 225,200 | 575,200 |
Equity Award Vesting Period (in years) | ' | ' | '4 years | ' |
Options expiration period (in years) | ' | ' | '10 years | ' |
Unrecognized compensation cost | 36 | ' | 36 | ' |
Remaining period over which to recognize unrecognized compensation expense (in years) | ' | ' | '2 years | ' |
Restricted Stock [Member] | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' | ' |
Equity other than stock options granted in period (in shares) | 0 | 0 | 12,700 | 243,800 |
Unrecognized compensation cost | 21 | ' | 21 | ' |
Remaining period over which to recognize unrecognized compensation expense (in years) | ' | ' | '2 years | ' |
Restricted Stock Units (RSUs) [Member] | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' | ' |
Equity other than stock options granted in period (in shares) | 19,200 | 31,900 | 59,000 | 94,300 |
Equity Award Vesting Period (in years) | ' | ' | '4 years | ' |
Unrecognized compensation cost | $18 | ' | $18 | ' |
Remaining period over which to recognize unrecognized compensation expense (in years) | ' | ' | '3 years | ' |
Maximum [Member] | Restricted Stock [Member] | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' | ' |
Equity Award Vesting Period (in years) | ' | ' | '4 years | ' |
Minimum [Member] | Restricted Stock [Member] | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' | ' |
Equity Award Vesting Period (in years) | ' | ' | '1 year | ' |
Condensed_Consolidating_Balanc
Condensed Consolidating Balance Sheets (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Dec. 31, 2011 |
In Millions, unless otherwise specified | ||||
CURRENT ASSETS: | ' | ' | ' | ' |
Cash and cash equivalents | $41 | $7 | $868 | $2 |
Restricted cash and cash equivalents | 0 | 27 | ' | ' |
Accounts receivable, net | 235 | 234 | ' | ' |
Receivables from related party | 0 | 0 | ' | ' |
Prepaid expenses and other current assets | 81 | 62 | ' | ' |
Total current assets | 357 | 330 | ' | ' |
INVESTMENT IN CABLE PROPERTIES: | ' | ' | ' | ' |
Property, plant and equipment, net | 7,838 | 7,206 | ' | ' |
Franchises | 6,009 | 5,287 | ' | ' |
Customer relationships, net | 1,465 | 1,424 | ' | ' |
Goodwill | 1,159 | 953 | ' | ' |
Total investment in cable properties, net | 16,471 | 14,870 | ' | ' |
CC VIII PREFERRED INTEREST | 0 | 0 | ' | ' |
INVESTMENT IN SUBSIDIARIES | 0 | 0 | ' | ' |
LOANS RECEIVABLE - RELATED PARTY | 0 | 0 | ' | ' |
OTHER NONCURRENT ASSETS | 422 | 396 | ' | ' |
Total assets | 17,250 | 15,596 | ' | ' |
CURRENT LIABILITIES: | ' | ' | ' | ' |
Accounts payable and accrued liabilities | 1,382 | 1,224 | ' | ' |
Payables to related party | 0 | 0 | ' | ' |
Total current liabilities | 1,382 | 1,224 | ' | ' |
LONG-TERM DEBT | 14,306 | 12,808 | ' | ' |
LOANS PAYABLE - RELATED PARTY | 0 | 0 | ' | ' |
DEFERRED INCOME TAXES | 1,432 | 1,321 | ' | ' |
OTHER LONG-TERM LIABILITIES | 69 | 94 | ' | ' |
Shareholders'/Member's equity | 61 | 149 | ' | ' |
Noncontrolling interest | 0 | 0 | ' | ' |
Total shareholders'/member's equity | 61 | 149 | ' | ' |
Total liabilities and shareholders'/member's equity | 17,250 | 15,596 | ' | ' |
Charter [Member] | ' | ' | ' | ' |
CURRENT ASSETS: | ' | ' | ' | ' |
Cash and cash equivalents | 4 | 1 | 14 | 0 |
Restricted cash and cash equivalents | ' | 0 | ' | ' |
Accounts receivable, net | 0 | 1 | ' | ' |
Receivables from related party | 62 | 59 | ' | ' |
Prepaid expenses and other current assets | 16 | 16 | ' | ' |
Total current assets | 82 | 77 | ' | ' |
INVESTMENT IN CABLE PROPERTIES: | ' | ' | ' | ' |
Property, plant and equipment, net | 0 | 0 | ' | ' |
Franchises | 0 | 0 | ' | ' |
Customer relationships, net | 0 | 0 | ' | ' |
Goodwill | 0 | 0 | ' | ' |
Total investment in cable properties, net | 0 | 0 | ' | ' |
CC VIII PREFERRED INTEREST | 114 | 104 | ' | ' |
INVESTMENT IN SUBSIDIARIES | 1,086 | 1,081 | ' | ' |
LOANS RECEIVABLE - RELATED PARTY | 0 | 0 | ' | ' |
OTHER NONCURRENT ASSETS | 0 | 0 | ' | ' |
Total assets | 1,282 | 1,262 | ' | ' |
CURRENT LIABILITIES: | ' | ' | ' | ' |
Accounts payable and accrued liabilities | 11 | 12 | ' | ' |
Payables to related party | 0 | 0 | ' | ' |
Total current liabilities | 11 | 12 | ' | ' |
LONG-TERM DEBT | 0 | 0 | ' | ' |
LOANS PAYABLE - RELATED PARTY | 0 | 0 | ' | ' |
DEFERRED INCOME TAXES | 1,210 | 1,101 | ' | ' |
OTHER LONG-TERM LIABILITIES | 0 | 0 | ' | ' |
Shareholders'/Member's equity | 61 | 149 | ' | ' |
Noncontrolling interest | 0 | 0 | ' | ' |
Total shareholders'/member's equity | 61 | 149 | ' | ' |
Total liabilities and shareholders'/member's equity | 1,282 | 1,262 | ' | ' |
Intermediate Holding Companies [Member] | ' | ' | ' | ' |
CURRENT ASSETS: | ' | ' | ' | ' |
Cash and cash equivalents | 0 | 0 | 3 | 0 |
Restricted cash and cash equivalents | ' | 0 | ' | ' |
Accounts receivable, net | 6 | 3 | ' | ' |
Receivables from related party | 164 | 176 | ' | ' |
Prepaid expenses and other current assets | 11 | 8 | ' | ' |
Total current assets | 181 | 187 | ' | ' |
INVESTMENT IN CABLE PROPERTIES: | ' | ' | ' | ' |
Property, plant and equipment, net | 30 | 32 | ' | ' |
Franchises | 0 | 0 | ' | ' |
Customer relationships, net | 0 | 0 | ' | ' |
Goodwill | 0 | 0 | ' | ' |
Total investment in cable properties, net | 30 | 32 | ' | ' |
CC VIII PREFERRED INTEREST | 267 | 242 | ' | ' |
INVESTMENT IN SUBSIDIARIES | 245 | 269 | ' | ' |
LOANS RECEIVABLE - RELATED PARTY | 318 | 309 | ' | ' |
OTHER NONCURRENT ASSETS | 161 | 163 | ' | ' |
Total assets | 1,202 | 1,202 | ' | ' |
CURRENT LIABILITIES: | ' | ' | ' | ' |
Accounts payable and accrued liabilities | 110 | 121 | ' | ' |
Payables to related party | 0 | 0 | ' | ' |
Total current liabilities | 110 | 121 | ' | ' |
LONG-TERM DEBT | 0 | 0 | ' | ' |
LOANS PAYABLE - RELATED PARTY | 0 | 0 | ' | ' |
DEFERRED INCOME TAXES | 0 | 0 | ' | ' |
OTHER LONG-TERM LIABILITIES | 6 | 0 | ' | ' |
Shareholders'/Member's equity | 1,086 | 1,081 | ' | ' |
Noncontrolling interest | 0 | 0 | ' | ' |
Total shareholders'/member's equity | 1,086 | 1,081 | ' | ' |
Total liabilities and shareholders'/member's equity | 1,202 | 1,202 | ' | ' |
CCO Holdings [Member] | ' | ' | ' | ' |
CURRENT ASSETS: | ' | ' | ' | ' |
Cash and cash equivalents | 0 | 0 | 398 | 2 |
Restricted cash and cash equivalents | ' | 0 | ' | ' |
Accounts receivable, net | 0 | 0 | ' | ' |
Receivables from related party | 8 | 11 | ' | ' |
Prepaid expenses and other current assets | 0 | 0 | ' | ' |
Total current assets | 8 | 11 | ' | ' |
INVESTMENT IN CABLE PROPERTIES: | ' | ' | ' | ' |
Property, plant and equipment, net | 0 | 0 | ' | ' |
Franchises | 0 | 0 | ' | ' |
Customer relationships, net | 0 | 0 | ' | ' |
Goodwill | 0 | 0 | ' | ' |
Total investment in cable properties, net | 0 | 0 | ' | ' |
CC VIII PREFERRED INTEREST | 0 | 0 | ' | ' |
INVESTMENT IN SUBSIDIARIES | 10,486 | 9,485 | ' | ' |
LOANS RECEIVABLE - RELATED PARTY | 461 | 359 | ' | ' |
OTHER NONCURRENT ASSETS | 122 | 118 | ' | ' |
Total assets | 11,077 | 9,973 | ' | ' |
CURRENT LIABILITIES: | ' | ' | ' | ' |
Accounts payable and accrued liabilities | 164 | 146 | ' | ' |
Payables to related party | 0 | 0 | ' | ' |
Total current liabilities | 164 | 146 | ' | ' |
LONG-TERM DEBT | 10,668 | 9,558 | ' | ' |
LOANS PAYABLE - RELATED PARTY | 0 | 0 | ' | ' |
DEFERRED INCOME TAXES | 0 | 0 | ' | ' |
OTHER LONG-TERM LIABILITIES | 0 | 0 | ' | ' |
Shareholders'/Member's equity | 245 | 269 | ' | ' |
Noncontrolling interest | 0 | 0 | ' | ' |
Total shareholders'/member's equity | 245 | 269 | ' | ' |
Total liabilities and shareholders'/member's equity | 11,077 | 9,973 | ' | ' |
Charter Operating and Subsidiaries [Member] | ' | ' | ' | ' |
CURRENT ASSETS: | ' | ' | ' | ' |
Cash and cash equivalents | 37 | 6 | 453 | 0 |
Restricted cash and cash equivalents | ' | 27 | ' | ' |
Accounts receivable, net | 229 | 230 | ' | ' |
Receivables from related party | 0 | 0 | ' | ' |
Prepaid expenses and other current assets | 54 | 38 | ' | ' |
Total current assets | 320 | 301 | ' | ' |
INVESTMENT IN CABLE PROPERTIES: | ' | ' | ' | ' |
Property, plant and equipment, net | 7,808 | 7,174 | ' | ' |
Franchises | 6,009 | 5,287 | ' | ' |
Customer relationships, net | 1,465 | 1,424 | ' | ' |
Goodwill | 1,159 | 953 | ' | ' |
Total investment in cable properties, net | 16,441 | 14,838 | ' | ' |
CC VIII PREFERRED INTEREST | 0 | 0 | ' | ' |
INVESTMENT IN SUBSIDIARIES | 0 | 0 | ' | ' |
LOANS RECEIVABLE - RELATED PARTY | 0 | 0 | ' | ' |
OTHER NONCURRENT ASSETS | 139 | 115 | ' | ' |
Total assets | 16,900 | 15,254 | ' | ' |
CURRENT LIABILITIES: | ' | ' | ' | ' |
Accounts payable and accrued liabilities | 1,097 | 945 | ' | ' |
Payables to related party | 234 | 246 | ' | ' |
Total current liabilities | 1,331 | 1,191 | ' | ' |
LONG-TERM DEBT | 3,638 | 3,250 | ' | ' |
LOANS PAYABLE - RELATED PARTY | 779 | 668 | ' | ' |
DEFERRED INCOME TAXES | 222 | 220 | ' | ' |
OTHER LONG-TERM LIABILITIES | 63 | 94 | ' | ' |
Shareholders'/Member's equity | 10,486 | 9,485 | ' | ' |
Noncontrolling interest | 381 | 346 | ' | ' |
Total shareholders'/member's equity | 10,867 | 9,831 | ' | ' |
Total liabilities and shareholders'/member's equity | 16,900 | 15,254 | ' | ' |
Eliminations [Member] | ' | ' | ' | ' |
CURRENT ASSETS: | ' | ' | ' | ' |
Cash and cash equivalents | 0 | 0 | 0 | 0 |
Restricted cash and cash equivalents | ' | 0 | ' | ' |
Accounts receivable, net | 0 | 0 | ' | ' |
Receivables from related party | -234 | -246 | ' | ' |
Prepaid expenses and other current assets | 0 | 0 | ' | ' |
Total current assets | -234 | -246 | ' | ' |
INVESTMENT IN CABLE PROPERTIES: | ' | ' | ' | ' |
Property, plant and equipment, net | 0 | 0 | ' | ' |
Franchises | 0 | 0 | ' | ' |
Customer relationships, net | 0 | 0 | ' | ' |
Goodwill | 0 | 0 | ' | ' |
Total investment in cable properties, net | 0 | 0 | ' | ' |
CC VIII PREFERRED INTEREST | -381 | -346 | ' | ' |
INVESTMENT IN SUBSIDIARIES | -11,817 | -10,835 | ' | ' |
LOANS RECEIVABLE - RELATED PARTY | -779 | -668 | ' | ' |
OTHER NONCURRENT ASSETS | 0 | 0 | ' | ' |
Total assets | -13,211 | -12,095 | ' | ' |
CURRENT LIABILITIES: | ' | ' | ' | ' |
Accounts payable and accrued liabilities | 0 | 0 | ' | ' |
Payables to related party | -234 | -246 | ' | ' |
Total current liabilities | -234 | -246 | ' | ' |
LONG-TERM DEBT | 0 | 0 | ' | ' |
LOANS PAYABLE - RELATED PARTY | -779 | -668 | ' | ' |
DEFERRED INCOME TAXES | 0 | 0 | ' | ' |
OTHER LONG-TERM LIABILITIES | 0 | 0 | ' | ' |
Shareholders'/Member's equity | -11,817 | -10,835 | ' | ' |
Noncontrolling interest | -381 | -346 | ' | ' |
Total shareholders'/member's equity | -12,198 | -11,181 | ' | ' |
Total liabilities and shareholders'/member's equity | ($13,211) | ($12,095) | ' | ' |
Condensed_Consolidating_Statem
Condensed Consolidating Statements of Operations (Details) (USD $) | 1 Months Ended | 2 Months Ended | 3 Months Ended | 9 Months Ended | ||||||
In Millions, unless otherwise specified | 31-May-13 | Apr. 30, 2013 | Jun. 30, 2013 | Sep. 30, 2013 | Mar. 31, 2013 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
REVENUES | ' | ' | ' | $2,118 | ' | $1,880 | ' | ' | $6,007 | $5,591 |
COSTS AND EXPENSES: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Operating costs and expenses (excluding depreciation and amortization) | ' | ' | ' | 1,397 | ' | 1,242 | ' | ' | 3,950 | 3,632 |
Depreciation and amortization | ' | ' | ' | 493 | ' | 424 | ' | ' | 1,354 | 1,247 |
Other operating expenses, net | ' | ' | ' | 8 | ' | 3 | ' | ' | 24 | 2 |
Total costs and expenses | ' | ' | ' | 1,898 | ' | 1,669 | ' | ' | 5,328 | 4,881 |
Income from operations | ' | ' | ' | 220 | ' | 211 | ' | ' | 679 | 710 |
OTHER INCOME (EXPENSES): | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest income (expense), net | ' | ' | ' | -214 | ' | -229 | ' | ' | -635 | -691 |
Loss on extinguishment of debt | -14 | -2 | -65 | 0 | -42 | 0 | -59 | -15 | -123 | -74 |
Gain on derivative instruments, net | ' | ' | ' | -8 | ' | 0 | ' | ' | 9 | 0 |
Other expense, net | ' | ' | ' | -11 | ' | 0 | ' | ' | -14 | -1 |
Equity in income (loss) of subisidiaries | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Total other income (expense) | ' | ' | ' | -233 | ' | -229 | ' | ' | -763 | -766 |
Income (Loss) before income taxes | ' | ' | ' | -13 | ' | -18 | ' | ' | -84 | -56 |
Income tax expense | ' | ' | ' | -57 | ' | -69 | ' | ' | -124 | -208 |
Consolidated net income (loss) | ' | ' | ' | -70 | ' | -87 | ' | ' | -208 | -264 |
Less: Net (income) loss b noncontrolling interest | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Net income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | -208 | -264 |
Charter [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
REVENUES | ' | ' | ' | ' | ' | ' | ' | ' | 18 | 19 |
COSTS AND EXPENSES: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Operating costs and expenses (excluding depreciation and amortization) | ' | ' | ' | ' | ' | ' | ' | ' | 18 | 19 |
Depreciation and amortization | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Other operating expenses, net | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Total costs and expenses | ' | ' | ' | ' | ' | ' | ' | ' | 18 | 19 |
Income from operations | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
OTHER INCOME (EXPENSES): | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest income (expense), net | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Loss on extinguishment of debt | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Gain on derivative instruments, net | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' |
Other expense, net | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Equity in income (loss) of subisidiaries | ' | ' | ' | ' | ' | ' | ' | ' | -101 | -73 |
Total other income (expense) | ' | ' | ' | ' | ' | ' | ' | ' | -101 | -73 |
Income (Loss) before income taxes | ' | ' | ' | ' | ' | ' | ' | ' | -101 | -73 |
Income tax expense | ' | ' | ' | ' | ' | ' | ' | ' | -117 | -200 |
Consolidated net income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | -218 | -273 |
Less: Net (income) loss b noncontrolling interest | ' | ' | ' | ' | ' | ' | ' | ' | 10 | 9 |
Net income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | -208 | -264 |
Intermediate Holding Companies [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
REVENUES | ' | ' | ' | ' | ' | ' | ' | ' | 133 | 113 |
COSTS AND EXPENSES: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Operating costs and expenses (excluding depreciation and amortization) | ' | ' | ' | ' | ' | ' | ' | ' | 133 | 113 |
Depreciation and amortization | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Other operating expenses, net | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Total costs and expenses | ' | ' | ' | ' | ' | ' | ' | ' | 133 | 113 |
Income from operations | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
OTHER INCOME (EXPENSES): | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest income (expense), net | ' | ' | ' | ' | ' | ' | ' | ' | 6 | -93 |
Loss on extinguishment of debt | ' | ' | ' | ' | ' | ' | ' | ' | 0 | -6 |
Gain on derivative instruments, net | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' |
Other expense, net | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Equity in income (loss) of subisidiaries | ' | ' | ' | ' | ' | ' | ' | ' | -130 | 4 |
Total other income (expense) | ' | ' | ' | ' | ' | ' | ' | ' | -124 | -95 |
Income (Loss) before income taxes | ' | ' | ' | ' | ' | ' | ' | ' | -124 | -95 |
Income tax expense | ' | ' | ' | ' | ' | ' | ' | ' | -2 | 0 |
Consolidated net income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | -126 | -95 |
Less: Net (income) loss b noncontrolling interest | ' | ' | ' | ' | ' | ' | ' | ' | 25 | 22 |
Net income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | -101 | -73 |
CCO Holdings [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
REVENUES | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
COSTS AND EXPENSES: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Operating costs and expenses (excluding depreciation and amortization) | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Depreciation and amortization | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Other operating expenses, net | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Total costs and expenses | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Income from operations | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
OTHER INCOME (EXPENSES): | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest income (expense), net | ' | ' | ' | ' | ' | ' | ' | ' | -511 | -398 |
Loss on extinguishment of debt | ' | ' | ' | ' | ' | ' | ' | ' | -65 | 0 |
Gain on derivative instruments, net | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' |
Other expense, net | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Equity in income (loss) of subisidiaries | ' | ' | ' | ' | ' | ' | ' | ' | 446 | 402 |
Total other income (expense) | ' | ' | ' | ' | ' | ' | ' | ' | -130 | 4 |
Income (Loss) before income taxes | ' | ' | ' | ' | ' | ' | ' | ' | -130 | 4 |
Income tax expense | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Consolidated net income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | -130 | 4 |
Less: Net (income) loss b noncontrolling interest | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Net income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | -130 | 4 |
Charter Operating and Subsidiaries [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
REVENUES | ' | ' | ' | ' | ' | ' | ' | ' | 6,007 | 5,591 |
COSTS AND EXPENSES: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Operating costs and expenses (excluding depreciation and amortization) | ' | ' | ' | ' | ' | ' | ' | ' | 3,950 | 3,632 |
Depreciation and amortization | ' | ' | ' | ' | ' | ' | ' | ' | 1,354 | 1,247 |
Other operating expenses, net | ' | ' | ' | ' | ' | ' | ' | ' | 24 | 2 |
Total costs and expenses | ' | ' | ' | ' | ' | ' | ' | ' | 5,328 | 4,881 |
Income from operations | ' | ' | ' | ' | ' | ' | ' | ' | 679 | 710 |
OTHER INCOME (EXPENSES): | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest income (expense), net | ' | ' | ' | ' | ' | ' | ' | ' | -130 | -200 |
Loss on extinguishment of debt | ' | ' | ' | ' | ' | ' | ' | ' | -58 | -68 |
Gain on derivative instruments, net | ' | ' | ' | ' | ' | ' | ' | ' | 9 | ' |
Other expense, net | ' | ' | ' | ' | ' | ' | ' | ' | -14 | -1 |
Equity in income (loss) of subisidiaries | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Total other income (expense) | ' | ' | ' | ' | ' | ' | ' | ' | -193 | -269 |
Income (Loss) before income taxes | ' | ' | ' | ' | ' | ' | ' | ' | 486 | 441 |
Income tax expense | ' | ' | ' | ' | ' | ' | ' | ' | -5 | -8 |
Consolidated net income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 481 | 433 |
Less: Net (income) loss b noncontrolling interest | ' | ' | ' | ' | ' | ' | ' | ' | -35 | -31 |
Net income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 446 | 402 |
Eliminations [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
REVENUES | ' | ' | ' | ' | ' | ' | ' | ' | -151 | -132 |
COSTS AND EXPENSES: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Operating costs and expenses (excluding depreciation and amortization) | ' | ' | ' | ' | ' | ' | ' | ' | -151 | -132 |
Depreciation and amortization | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Other operating expenses, net | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Total costs and expenses | ' | ' | ' | ' | ' | ' | ' | ' | -151 | -132 |
Income from operations | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
OTHER INCOME (EXPENSES): | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest income (expense), net | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Loss on extinguishment of debt | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Gain on derivative instruments, net | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' |
Other expense, net | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Equity in income (loss) of subisidiaries | ' | ' | ' | ' | ' | ' | ' | ' | -215 | -333 |
Total other income (expense) | ' | ' | ' | ' | ' | ' | ' | ' | -215 | -333 |
Income (Loss) before income taxes | ' | ' | ' | ' | ' | ' | ' | ' | -215 | -333 |
Income tax expense | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Consolidated net income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | -215 | -333 |
Less: Net (income) loss b noncontrolling interest | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 |
Net income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | ($215) | ($333) |
Condensed_Consolidating_Statem1
Condensed Consolidating Statements of Comprehensive Income (Loss) (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Consolidated net income (loss) | ($70) | ($87) | ($208) | ($264) |
Net impact of gains (losses) on interest rate derivative instruments, net of tax | 8 | -7 | 27 | -18 |
Comprehensive income (loss) | -62 | -94 | -181 | -282 |
Charter [Member] | ' | ' | ' | ' |
Consolidated net income (loss) | ' | ' | -218 | -273 |
Net impact of gains (losses) on interest rate derivative instruments, net of tax | ' | ' | 0 | 0 |
Comprehensive income (loss) | ' | ' | -218 | -273 |
Intermediate Holding Companies [Member] | ' | ' | ' | ' |
Consolidated net income (loss) | ' | ' | -126 | -95 |
Net impact of gains (losses) on interest rate derivative instruments, net of tax | ' | ' | 0 | 0 |
Comprehensive income (loss) | ' | ' | -126 | -95 |
CCO Holdings [Member] | ' | ' | ' | ' |
Consolidated net income (loss) | ' | ' | -130 | 4 |
Net impact of gains (losses) on interest rate derivative instruments, net of tax | ' | ' | 0 | 0 |
Comprehensive income (loss) | ' | ' | -130 | 4 |
Charter Operating and Subsidiaries [Member] | ' | ' | ' | ' |
Consolidated net income (loss) | ' | ' | 481 | 433 |
Net impact of gains (losses) on interest rate derivative instruments, net of tax | ' | ' | 27 | -18 |
Comprehensive income (loss) | ' | ' | 508 | 415 |
Eliminations [Member] | ' | ' | ' | ' |
Consolidated net income (loss) | ' | ' | -215 | -333 |
Net impact of gains (losses) on interest rate derivative instruments, net of tax | ' | ' | 0 | 0 |
Comprehensive income (loss) | ' | ' | ($215) | ($333) |
Condensed_Consolidating_Statem2
Condensed Consolidating Statements of Cash Flows (Details) (USD $) | 9 Months Ended | |
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 |
CASH FLOWS FROM OPERATING ACTIVITIES: | ' | ' |
Consolidated net income (loss) | ($208) | ($264) |
Adjustments to reconcile net income (loss) to net cash flows from operating activities: | ' | ' |
Depreciation and amortization | 1,354 | 1,247 |
Noncash interest expense | 33 | 33 |
Loss on extinguishment of debt | 123 | 74 |
Gain on derivative instruments, net | -9 | 0 |
Deferred income taxes | 112 | 203 |
Equity in (income) losses of subisidiaries | 0 | 0 |
Other, net | 69 | 25 |
Changes in operating assets and liabilities, net of effects from acquisitions: | ' | ' |
Accounts receivable | 10 | 18 |
Prepaid expenses and other assets | -13 | -12 |
Accounts payable, accrued liabilities and other | 92 | 67 |
Receivables from and payables to related parties | 0 | 0 |
Net cash flows from operating activities | 1,563 | 1,391 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | ' |
Purchases of property, plant and equipment | -1,259 | -1,296 |
Change in accrued expenses related to capital expenditures | 21 | 16 |
Sales (purchases) of cable systems, net | -673 | 19 |
Contribution to subsidiary | 0 | 0 |
Distributions from subsidiary | 0 | 0 |
Other, net | -15 | -18 |
Net cash flows from investing activities | -1,926 | -1,279 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | ' |
Borrowings of long-term debt | 6,569 | 4,353 |
Repayments of long-term debt | -6,177 | -3,554 |
Borrowings (payments) loans payable - related parties | 0 | 0 |
Payments for debt issuance costs | -50 | -41 |
Purchase of treasury stock | -11 | -4 |
Proceeds from exercise of options and warrants | 67 | 13 |
Contributions from parent | 0 | 0 |
Distributions to parent | 0 | 0 |
Other, net | -1 | -13 |
Net cash flows from financing activities | 397 | 754 |
NET INCREASE IN CASH AND CASH EQUIVALENTS | 34 | 866 |
CASH AND CASH EQUIVALENTS, beginning of period | 7 | 2 |
CASH AND CASH EQUIVALENTS, end of period | 41 | 868 |
Charter [Member] | ' | ' |
CASH FLOWS FROM OPERATING ACTIVITIES: | ' | ' |
Consolidated net income (loss) | -218 | -273 |
Adjustments to reconcile net income (loss) to net cash flows from operating activities: | ' | ' |
Depreciation and amortization | 0 | 0 |
Noncash interest expense | 0 | 0 |
Loss on extinguishment of debt | 0 | 0 |
Gain on derivative instruments, net | 0 | ' |
Deferred income taxes | 110 | 200 |
Equity in (income) losses of subisidiaries | 101 | 73 |
Other, net | 0 | 0 |
Changes in operating assets and liabilities, net of effects from acquisitions: | ' | ' |
Accounts receivable | 0 | 0 |
Prepaid expenses and other assets | 0 | 1 |
Accounts payable, accrued liabilities and other | 0 | 0 |
Receivables from and payables to related parties | 8 | 1 |
Net cash flows from operating activities | 1 | 2 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | ' |
Purchases of property, plant and equipment | 0 | 0 |
Change in accrued expenses related to capital expenditures | 0 | 0 |
Sales (purchases) of cable systems, net | 0 | 0 |
Contribution to subsidiary | -54 | 0 |
Distributions from subsidiary | 0 | 3 |
Other, net | 0 | 0 |
Net cash flows from investing activities | -54 | 3 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | ' |
Borrowings of long-term debt | 0 | 0 |
Repayments of long-term debt | 0 | 0 |
Borrowings (payments) loans payable - related parties | 0 | 0 |
Payments for debt issuance costs | 0 | 0 |
Purchase of treasury stock | -11 | -4 |
Proceeds from exercise of options and warrants | 67 | 13 |
Contributions from parent | 0 | 0 |
Distributions to parent | 0 | 0 |
Other, net | 0 | 0 |
Net cash flows from financing activities | 56 | 9 |
NET INCREASE IN CASH AND CASH EQUIVALENTS | 3 | 14 |
CASH AND CASH EQUIVALENTS, beginning of period | 1 | 0 |
CASH AND CASH EQUIVALENTS, end of period | 4 | 14 |
Intermediate Holding Companies [Member] | ' | ' |
CASH FLOWS FROM OPERATING ACTIVITIES: | ' | ' |
Consolidated net income (loss) | -126 | -95 |
Adjustments to reconcile net income (loss) to net cash flows from operating activities: | ' | ' |
Depreciation and amortization | 0 | 0 |
Noncash interest expense | 0 | -21 |
Loss on extinguishment of debt | 0 | 6 |
Gain on derivative instruments, net | 0 | ' |
Deferred income taxes | 0 | 0 |
Equity in (income) losses of subisidiaries | 130 | -4 |
Other, net | -1 | -1 |
Changes in operating assets and liabilities, net of effects from acquisitions: | ' | ' |
Accounts receivable | -2 | 0 |
Prepaid expenses and other assets | 0 | 11 |
Accounts payable, accrued liabilities and other | -7 | -90 |
Receivables from and payables to related parties | 5 | 22 |
Net cash flows from operating activities | -1 | -172 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | ' |
Purchases of property, plant and equipment | 0 | 0 |
Change in accrued expenses related to capital expenditures | 0 | 0 |
Sales (purchases) of cable systems, net | 0 | 0 |
Contribution to subsidiary | -324 | 0 |
Distributions from subsidiary | 6 | 582 |
Other, net | 0 | 0 |
Net cash flows from investing activities | -318 | 582 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | ' |
Borrowings of long-term debt | 0 | 0 |
Repayments of long-term debt | 0 | -386 |
Borrowings (payments) loans payable - related parties | 0 | 0 |
Payments for debt issuance costs | 0 | 0 |
Purchase of treasury stock | 0 | 0 |
Proceeds from exercise of options and warrants | 0 | 0 |
Contributions from parent | 324 | 0 |
Distributions to parent | -5 | -18 |
Other, net | 0 | -3 |
Net cash flows from financing activities | 319 | -407 |
NET INCREASE IN CASH AND CASH EQUIVALENTS | 0 | 3 |
CASH AND CASH EQUIVALENTS, beginning of period | 0 | 0 |
CASH AND CASH EQUIVALENTS, end of period | 0 | 3 |
CCO Holdings [Member] | ' | ' |
CASH FLOWS FROM OPERATING ACTIVITIES: | ' | ' |
Consolidated net income (loss) | -130 | 4 |
Adjustments to reconcile net income (loss) to net cash flows from operating activities: | ' | ' |
Depreciation and amortization | 0 | 0 |
Noncash interest expense | 20 | 18 |
Loss on extinguishment of debt | 65 | 0 |
Gain on derivative instruments, net | 0 | ' |
Deferred income taxes | 0 | 0 |
Equity in (income) losses of subisidiaries | -446 | -402 |
Other, net | 0 | 0 |
Changes in operating assets and liabilities, net of effects from acquisitions: | ' | ' |
Accounts receivable | 0 | 0 |
Prepaid expenses and other assets | 0 | 0 |
Accounts payable, accrued liabilities and other | 18 | 81 |
Receivables from and payables to related parties | -7 | -7 |
Net cash flows from operating activities | -480 | -306 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | ' |
Purchases of property, plant and equipment | 0 | 0 |
Change in accrued expenses related to capital expenditures | 0 | 0 |
Sales (purchases) of cable systems, net | 0 | 0 |
Contribution to subsidiary | -987 | -1,244 |
Distributions from subsidiary | 487 | 870 |
Other, net | 0 | 0 |
Net cash flows from investing activities | -500 | -374 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | ' |
Borrowings of long-term debt | 2,000 | 1,984 |
Repayments of long-term debt | -955 | 0 |
Borrowings (payments) loans payable - related parties | -93 | -314 |
Payments for debt issuance costs | -25 | -27 |
Purchase of treasury stock | 0 | 0 |
Proceeds from exercise of options and warrants | 0 | 0 |
Contributions from parent | 54 | 0 |
Distributions to parent | -1 | -567 |
Other, net | 0 | 0 |
Net cash flows from financing activities | 980 | 1,076 |
NET INCREASE IN CASH AND CASH EQUIVALENTS | 0 | 396 |
CASH AND CASH EQUIVALENTS, beginning of period | 0 | 2 |
CASH AND CASH EQUIVALENTS, end of period | 0 | 398 |
Charter Operating and Subsidiaries [Member] | ' | ' |
CASH FLOWS FROM OPERATING ACTIVITIES: | ' | ' |
Consolidated net income (loss) | 481 | 433 |
Adjustments to reconcile net income (loss) to net cash flows from operating activities: | ' | ' |
Depreciation and amortization | 1,354 | 1,247 |
Noncash interest expense | 13 | 36 |
Loss on extinguishment of debt | 58 | 68 |
Gain on derivative instruments, net | -9 | ' |
Deferred income taxes | 2 | 3 |
Equity in (income) losses of subisidiaries | 0 | 0 |
Other, net | 70 | 26 |
Changes in operating assets and liabilities, net of effects from acquisitions: | ' | ' |
Accounts receivable | 12 | 18 |
Prepaid expenses and other assets | -13 | -24 |
Accounts payable, accrued liabilities and other | 81 | 76 |
Receivables from and payables to related parties | -6 | -16 |
Net cash flows from operating activities | 2,043 | 1,867 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | ' |
Purchases of property, plant and equipment | -1,259 | -1,296 |
Change in accrued expenses related to capital expenditures | 21 | 16 |
Sales (purchases) of cable systems, net | -673 | 19 |
Contribution to subsidiary | 0 | 0 |
Distributions from subsidiary | 0 | 0 |
Other, net | -15 | -18 |
Net cash flows from investing activities | -1,926 | -1,279 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | ' |
Borrowings of long-term debt | 4,569 | 2,369 |
Repayments of long-term debt | -5,222 | -3,168 |
Borrowings (payments) loans payable - related parties | 93 | 314 |
Payments for debt issuance costs | -25 | -14 |
Purchase of treasury stock | 0 | 0 |
Proceeds from exercise of options and warrants | 0 | 0 |
Contributions from parent | 987 | 1,244 |
Distributions to parent | -487 | -870 |
Other, net | -1 | -10 |
Net cash flows from financing activities | -86 | -135 |
NET INCREASE IN CASH AND CASH EQUIVALENTS | 31 | 453 |
CASH AND CASH EQUIVALENTS, beginning of period | 6 | 0 |
CASH AND CASH EQUIVALENTS, end of period | 37 | 453 |
Eliminations [Member] | ' | ' |
CASH FLOWS FROM OPERATING ACTIVITIES: | ' | ' |
Consolidated net income (loss) | -215 | -333 |
Adjustments to reconcile net income (loss) to net cash flows from operating activities: | ' | ' |
Depreciation and amortization | 0 | 0 |
Noncash interest expense | 0 | 0 |
Loss on extinguishment of debt | 0 | 0 |
Gain on derivative instruments, net | 0 | ' |
Deferred income taxes | 0 | 0 |
Equity in (income) losses of subisidiaries | 215 | 333 |
Other, net | 0 | 0 |
Changes in operating assets and liabilities, net of effects from acquisitions: | ' | ' |
Accounts receivable | 0 | 0 |
Prepaid expenses and other assets | 0 | 0 |
Accounts payable, accrued liabilities and other | 0 | 0 |
Receivables from and payables to related parties | 0 | 0 |
Net cash flows from operating activities | 0 | 0 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | ' |
Purchases of property, plant and equipment | 0 | 0 |
Change in accrued expenses related to capital expenditures | 0 | 0 |
Sales (purchases) of cable systems, net | 0 | 0 |
Contribution to subsidiary | 1,365 | 1,244 |
Distributions from subsidiary | -493 | -1,455 |
Other, net | 0 | 0 |
Net cash flows from investing activities | 872 | -211 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | ' |
Borrowings of long-term debt | 0 | 0 |
Repayments of long-term debt | 0 | 0 |
Borrowings (payments) loans payable - related parties | 0 | 0 |
Payments for debt issuance costs | 0 | 0 |
Purchase of treasury stock | 0 | 0 |
Proceeds from exercise of options and warrants | 0 | 0 |
Contributions from parent | -1,365 | -1,244 |
Distributions to parent | 493 | 1,455 |
Other, net | 0 | 0 |
Net cash flows from financing activities | -872 | 211 |
NET INCREASE IN CASH AND CASH EQUIVALENTS | 0 | 0 |
CASH AND CASH EQUIVALENTS, beginning of period | 0 | 0 |
CASH AND CASH EQUIVALENTS, end of period | $0 | $0 |
Recently_Issued_Accounting_Sta1
Recently Issued Accounting Standards (Details) (New Accounting Pronouncement, Early Adoption, Effect [Member], Restatement Adjustment [Member], USD $) | Dec. 31, 2012 |
In Millions, unless otherwise specified | |
New Accounting Pronouncement, Early Adoption, Effect [Member] | Restatement Adjustment [Member] | ' |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] | ' |
New Accounting Pronouncement, Effect on Current Assets | ($3) |
New Accounting Pronouncement, Effect on Other Long-Term Liabilities | -202 |
New Accounting Pronouncement, Effect on Deferred Income Taxes | $199 |