Liberty Broadband (LBRDK) 10-K 17 Feb 23 2022 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Billions	12 Months Ended
	Dec. 31, 2022	Jan. 31, 2023	Jun. 30, 2022
Document Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2022
Document Transition Report	false
Entity File Number	001-36713
Entity Registrant Name	LIBERTY BROADBAND CORPORATION
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	47-1211994
Entity Address, Address Line One	12300 Liberty Boulevard
Entity Address, City or Town	Englewood
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80112
City Area Code	720
Local Phone Number	875-5700
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 16.5
Auditor Name	KPMG LLP
Auditor Firm ID	185
Auditor Location	Denver, CO
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Central Index Key	0001611983
Amendment Flag	false
Series A common stock
Document Information [Line Items]
Title of 12(b) Security	Series A common stock
Trading Symbol	LBRDA
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		18,246,519
Series B common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		2,050,889
Series C common stock
Document Information [Line Items]
Title of 12(b) Security	Series C common stock
Trading Symbol	LBRDK
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		126,002,167
Series A Cumulative Redeemable Preferred Stock.
Document Information [Line Items]
Title of 12(b) Security	Series A Cumulative Redeemable preferred stock
Trading Symbol	LBRDP
Security Exchange Name	NASDAQ

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 375	$ 191
Trade and other receivables, net	201	206
Prepaid and other current assets	84	62
Total current assets	660	459
Investment in Charter, accounted for using the equity method (note 6)	11,433	13,260
Property and equipment, net (note 2)	1,011	1,031
Intangible assets not subject to amortization
Goodwill (note 7)	755	762
Intangible assets subject to amortization, net (note 7)	516	573
Other assets, net	180	296
Total assets	15,142	16,968
Current liabilities:
Accounts payable and accrued liabilities	92	99
Deferred revenue	20	25
Current portion of debt, including $1,373 and $25 measured at fair value, respectively (note 8)	1,376	28
Indemnification obligation (note 5)	50	324
Other current liabilities	137	106
Total current liabilities	1,675	582
Long-term debt, net, including zero and $1,403 measured at fair value, respectively (note 8)	2,425	3,733
Obligations under finance leases and tower obligations, excluding current portion (note 9)	86	89
Long-term deferred revenue	63	35
Deferred income tax liabilities (note 10)	2,040	1,998
Preferred stock (note 11)	202	203
Other liabilities	150	189
Total liabilities	6,641	6,829
Equity
Additional paid-in capital	3,318	6,214
Accumulated other comprehensive earnings (loss), net of taxes	9	14
Retained earnings	5,155	3,898
Total stockholders' equity	8,483	10,127
Non-controlling interests	18	12
Total equity	8,501	10,139
Commitments and contingencies (note 14)
Total liabilities and shareholders' equity	15,142	16,968
Cable certificates
Intangible assets not subject to amortization
Indefinite-lived intangibles	550	550
Other amortizable intangible assets
Intangible assets not subject to amortization
Indefinite-lived intangibles	37	37
Series A common stock
Equity
Common stock
Series B common stock
Equity
Common stock
Series C common stock
Equity
Common stock	$ 1	$ 1

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Short-term debt, measured at fair value	$ 1,373	$ 25
Long-term debt, measured at fair value	$ 0	$ 1,403
Series A common stock
Common stock par value	$ 0.01	$ 0.01
Common stock shares authorized	500,000,000	500,000,000
Common Stock, Shares, Issued	18,528,468	23,232,342
Common Stock, Shares, Outstanding	18,528,468	23,232,342
Series B common stock
Common stock par value	$ 0.01	$ 0.01
Common stock shares authorized	18,750,000	18,750,000
Common Stock, Shares, Issued	2,106,636	2,544,548
Common Stock, Shares, Outstanding	2,106,636	2,544,548
Series C common stock
Common stock par value	$ 0.01	$ 0.01
Common stock shares authorized	500,000,000	500,000,000
Common Stock, Shares, Issued	125,962,296	144,854,780
Common Stock, Shares, Outstanding	125,962,296	144,854,780

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenue:
Revenue	$ 975	$ 988	$ 51
Revenue, Product and Service [Extensible List]	us-gaap:ServiceMember	us-gaap:ServiceMember	us-gaap:ServiceMember
Operating costs and expenses:
Operating expense (exclusive of depreciation and amortization shown separately below)	$ 253	$ 282	$ 20
Selling, general and administrative, including stock-based compensation and transaction costs (note 12)	432	442	76
Depreciation and amortization	262	267	15
Litigation settlement, net of recoveries (note 14)	67	95
Total operating costs and expenses	1,014	1,086	111
Operating income (loss)	(39)	(98)	(60)
Other income (expense):
Interest expense (including amortization of deferred loan fees)	(133)	(117)	(28)
Share of earnings (losses) of affiliate (note 6)	1,326	1,194	713
Gain (loss) on dilution of investment in affiliate (note 6)	(63)	(102)	(184)
Realized and unrealized gains (losses) on financial instruments, net (note 5)	334	67	(83)
Gain (loss) on dispositions, net (note 1)	179	12
Other, net	(70)	(6)	3
Earnings (loss) before income taxes	1,534	950	361
Income tax benefit (expense)	(277)	(218)	37
Net earnings (loss)	1,257	732	398
Net earnings (loss) attributable to Liberty Broadband shareholders	$ 1,257	$ 732	$ 398
Basic net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 2)	$ 8.01	$ 3.97	$ 2.18
Diluted net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (note 2)	$ 7.96	$ 3.93	$ 2.17

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Earnings (Loss) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Consolidated Statements of Comprehensive Earnings (Loss)
Net earnings (loss)	$ 1,257	$ 732	$ 398
Other comprehensive earnings (loss), net of taxes:
Comprehensive earnings (loss) attributable to debt credit risk adjustments	(5)	(1)	7
Other comprehensive earnings (loss), net of taxes	(5)	(1)	7
Comprehensive earnings (loss)	1,252	731	405
Less comprehensive earnings (loss) attributable to the non-controlling interests
Comprehensive earnings (loss) attributable to Liberty Broadband shareholders	$ 1,252	$ 731	$ 405

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities:
Net earnings (loss)	$ 1,257	$ 732	$ 398
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:
Depreciation and amortization	262	267	15
Stock-based compensation	37	41	9
Litigation settlement, net of recoveries	67
Share of (earnings) losses of affiliate, net	(1,326)	(1,194)	(713)
(Gain) loss on dilution of investment in affiliate	63	102	184
Realized and unrealized (gains) losses on financial instruments, net	(334)	(67)	83
Deferred income tax expense (benefit)	54	(15)	(37)
(Gain) loss on dispositions, net	(179)	(12)
Other, net	(4)	(3)	1
Changes in operating assets and liabilities:
Current and other assets	140	214	(14)
Payables and other liabilities	(93)	(62)	(22)
Net cash provided by (used in) operating activities	(56)	3	(96)
Cash flows from investing activities:
Capital expenditures	(181)	(134)	(2)
Grant proceeds received for capital expenditures	25
Cash received for Charter shares repurchased by Charter	3,034	4,179
Cash proceeds from dispositions, net	163	15
GCI Liberty, Inc. cash acquired in merger			592
Other investing activities, net	6	2	(15)
Net cash provided by (used in) investing activities	3,047	4,062	575
Cash flows from financing activities:
Borrowings of debt	325	1,467	2,825
Repayments of debt, finance leases and tower obligations	(231)	(2,476)	(1,301)
Repurchases of Liberty Broadband common stock	(2,882)	(4,272)	(597)
Other financing activities, net	(9)	(11)	(23)
Net cash provided by (used in) financing activities	(2,797)	(5,292)	904
Net increase (decrease) in cash, cash equivalents and restricted cash	194	(1,227)	1,383
Cash, cash equivalents and restricted cash, beginning of period	206	1,433	50
Cash, cash equivalents and restricted cash, end of period	$ 400	$ 206	$ 1,433

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($) $ in Millions	Series C common stock Common stock	Additional paid-in capital	Accumulated other comprehensive earnings	Retained earnings	Noncontrolling interest in equity of subsidiaries	Total
Balance at Dec. 31, 2019	$ 2	$ 7,890	$ 8	$ 2,768		$ 10,668
Increase (Decrease) in Stockholders' Equity
Net earnings (loss)				398		398
Other comprehensive earnings (loss), net of taxes			7			7
Stock-based compensation		9				9
Withholding taxes on net share settlements of stock-based compensation		(2)				(2)
Liberty Broadband stock repurchases		(597)				(597)
Net impact of GCI Liberty, Inc. acquisition		3,060			$ 12	3,072
Noncontrolling interest activity at Charter and other		(40)				(40)
Balance at Dec. 31, 2020	2	10,320	15	3,166	12	13,515
Increase (Decrease) in Stockholders' Equity
Net earnings (loss)				732		732
Other comprehensive earnings (loss), net of taxes			(1)			(1)
Stock-based compensation		41				41
Issuance of common stock upon exercise of stock options		2				2
Withholding taxes on net share settlements of stock-based compensation		(11)				(11)
Liberty Broadband stock repurchases	(1)	(4,271)				(4,272)
Noncontrolling interest activity at Charter and other		133				133
Balance at Dec. 31, 2021	1	6,214	14	3,898	12	10,139
Increase (Decrease) in Stockholders' Equity
Net earnings (loss)				1,257		1,257
Other comprehensive earnings (loss), net of taxes			(5)			(5)
Stock-based compensation		37				37
Issuance of common stock upon exercise of stock options		1				1
Withholding taxes on net share settlements of stock-based compensation		(7)				(7)
Liberty Broadband stock repurchases		(2,882)				(2,882)
Noncontrolling interest activity at Charter and other		(45)			6	(39)
Balance at Dec. 31, 2022	$ 1	$ 3,318	$ 9	$ 5,155	$ 18	$ 8,501

Basis of Presentation

Basis of Presentation	12 Months Ended
	Dec. 31, 2022
Basis of Presentation
Basis of Presentation	(1) Basis of Presentation The accompanying consolidated financial statements include the accounts of Liberty Broadband Corporation and its controlled subsidiaries (collectively, "Liberty Broadband," the "Company," “us,” “we,” or “our” unless the context otherwise requires). Liberty Broadband Corporation is primarily comprised of GCI Holdings, LLC (“GCI Holdings” or “GCI”) (as of December 18, 2020), a wholly owned subsidiary, and an equity method investment in Charter Communications, Inc. (“Charter”). GCI Holdings provides a full range of data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions primarily in Alaska under the GCI brand. Charter is a leading broadband connectivity company and cable operator. Over an advanced high-capacity, two-way telecommunications network, Charter offers a full range of state-of-the-art residential and business services including Spectrum Internet, TV, Mobile and Voice. For small and medium-sized companies, Spectrum Business ® ® On December 18, 2020, pursuant to the Agreement and Plan of Merger, dated as of August 6, 2020, entered into by GCI Liberty, Inc. (“GCI Liberty”), Liberty Broadband, Grizzly Merger Sub 1, LLC, a wholly owned subsidiary of Liberty Broadband (“Merger LLC”), and Grizzly Merger Sub 2, Inc., a wholly owned subsidiary of Merger LLC (“Merger Sub”), Merger Sub merged with and into GCI Liberty (the “First Merger”), with GCI Liberty surviving the First Merger as an indirect wholly owned subsidiary of Liberty Broadband (the “Surviving Corporation”), and immediately following the First Merger, GCI Liberty (as the Surviving Corporation in the First Merger) merged with and into Merger LLC (the “Upstream Merger”, and together with the First Merger, the “Combination”), with Merger LLC surviving the Upstream Merger as a wholly owned subsidiary of Liberty Broadband. As a result of the Combination, each holder of a share of Series A common stock and Series B common stock of GCI Liberty received 0.58 of a share of Series C common stock and Series B common stock, respectively, of Liberty Broadband. Additionally, each holder of a share of Series A Cumulative Redeemable Preferred Stock of GCI Liberty (“GCI Liberty Preferred Stock”) received one share of newly issued Liberty Broadband Series A Cumulative Redeemable Preferred Stock (“Liberty Broadband Preferred Stock”), which has substantially identical terms to GCI Liberty’s former Series A Cumulative Redeemable Preferred Stock, including a mandatory redemption date of March 9, 2039. Cash was paid in lieu of issuing fractional shares of Liberty Broadband stock in the Combination. No shares of Liberty Broadband stock were issued with respect to shares of GCI Liberty capital stock held by (i) GCI Liberty as treasury stock, (ii) any of GCI Liberty’s wholly owned subsidiaries or (iii) Liberty Broadband or its wholly owned subsidiaries. As a result of the COVID-19 pandemic, many countries throughout the world took aggressive actions, including imposing travel restrictions and stay-at-home orders, closing public attractions and restaurants, and mandating social distancing practices, which caused a significant disruption to most sectors of the economy at varying levels during the periods covered by the financial statements. While the COVID-19 pandemic has negatively impacted the global economy, disrupted global supply chains, and created significant volatility and disruption of financial markets, we are not presently aware of any events or circumstances arising from the COVID-19 pandemic that would require us to update our estimates or judgments or revise the carrying value of our assets or liabilities. Our estimates may change, however, as new events occur and additional information is obtained, and any such changes will be recognized in the consolidated financial statements. Actual results could differ from estimates, and any such differences may be material to our financial statements. Skyhook Holdings, Inc. (“Skyhook”) was a wholly owned subsidiary of Liberty Broadband until its sale on May 2, 2022 for aggregate consideration of approximately $194 million, including amounts held in escrow of approximately $23 million. Liberty Broadband recognized a gain on the sale of $179 million, net of closing fees, in the second quarter of 2022, which is recorded in Gain (loss) on dispositions, net in the accompanying consolidated statement of operations. Skyhook is included in Corporate and other through April 30, 2022 and is not presented as a discontinued operation as the sale did not represent a strategic shift that had a major effect on Liberty Broadband’s operations and financial results. Included in Revenue in the accompanying consolidated statements of operations is $6 million, $18 million and $17 million for the years ended December 31, 2022, 2021 and 2020, respectively, related to Skyhook. Included in Net earnings (loss) in the accompanying consolidated statement of operations are earnings of $4 million and less than $1 million and losses of $3 million for the years ended December 31, 2022, 2021 and 2020, respectively, related to Skyhook. Included in Total assets in the accompanying consolidated balance sheets as of December 31, 2021 is $18 million related to Skyhook. Spin-Off Arrangements During May 2014, the board of directors of Liberty Media Corporation and its subsidiaries (“Liberty”) authorized management to pursue a plan to spin-off to its stockholders common stock of a wholly owned subsidiary, Liberty Broadband, and to distribute subscription rights to acquire shares of Liberty Broadband’s common stock (the “Broadband Spin-Off”). In connection with the Broadband Spin-Off, Liberty (for accounting purposes a related party of the Company) and Liberty Broadband entered into certain agreements in order to govern certain of the ongoing relationships between the two companies and to provide for an orderly transition, including a services agreement and a facilities sharing agreement. Additionally, in connection with a prior transaction, GCI Liberty and Qurate Retail, Inc. (“Qurate Retail”) (for accounting purposes a related party of the Company) entered into a tax sharing agreement, which was assumed by Liberty Broadband as a result of the Combination. The tax sharing agreement provides for the allocation and indemnification of tax liabilities and benefits between Qurate Retail and Liberty Broadband and other agreements related to tax matters. Pursuant to the services agreement, Liberty provides Liberty Broadband with general and administrative services including legal, tax, accounting, treasury and investor relations support. In December 2019, the Company entered into an amendment to the services agreement with Liberty in connection with Liberty’s entry into a new employment arrangement with Gregory B. Maffei, the Company’s President and Chief Executive Officer. Under the amended services agreement, components of his compensation would either be paid directly to him by each of the Company, Liberty TripAdvisor Holdings, Inc., GCI Liberty, and Qurate Retail (collectively, the “Service Companies”) or reimbursed to Liberty, in each case, based on allocations among Liberty and the Service Companies set forth in the amended services agreement. This allocation percentage will be determined based on a combination of (1) relative market capitalizations, weighted 50%, and (2) a blended average of historical time allocation on a Liberty-wide and CEO basis, weighted 50%, in each case, absent agreement to the contrary by Liberty and the Service Companies in consultation with the CEO. The allocation percentage will then be adjusted annually and following certain events. For the years ended December 31, 2022, 2021 and 2020, the allocation percentage for Liberty Broadband was 33%, 37% and 18%, respectively. Following the Combination, GCI Liberty no longer participates in the services agreement arrangement. The amended services agreement provides for a five year employment term which began on January 1, 2020 and ends December 31, 2024, with an aggregate annual base salary of $3 million (with no contracted increase), an aggregate one-time cash commitment bonus of $5 million (paid in December 2019), an aggregate annual target cash performance bonus of $17 million, aggregate annual equity awards of $18 million and aggregate equity awards granted in connection with his entry into his new agreement of $90 million (the “upfront awards”). A portion of the grants made to our CEO in the year ended December 31, 2020 related to our company’s allocable portion of these upfront awards. Under these various agreements, amounts reimbursable to Liberty were approximately $10 million and $14 million for the years ended December 31, 2022 and 2021, respectively. Liberty Broadband had a tax sharing receivable with Qurate Retail of $7 million and $86 million as of December 31, 2022 and 2021, respectively, of which $1 million and zero was in Other current assets as of December 31, 2022 and 2021, respectively. The accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) and represent the historical consolidated financial information of GCI Holdings (as of December 18, 2020) and the Company’s interest in Charter, as well as certain other assets and liabilities. All significant intercompany accounts and transactions have been eliminated in the consolidated financial statements.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Summary of Significant Accounting Policies
Summary of Significant Accounting Policies	(2) Summary of Significant Accounting Policies Cash and Cash Equivalents Cash consists of cash deposits held in global financial institutions. Cash equivalents consist of highly liquid investments with original maturities of three months or less at the time of acquisition. Cash that has restrictions upon its usage has been excluded from cash and cash equivalents. Financial instruments, which potentially subject the Company to concentration of credit risk, consist primarily of cash and cash equivalents and corporate debt securities. The Company maintains some cash and cash equivalents balances with financial institutions that are in excess of Federal Deposit Insurance Corporation insurance limits. Accounts Receivable and Allowance for Credit Losses Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The allowance for credit losses is the Company’s best estimate of the amount of expected credit losses in its existing accounts receivable. The Company bases its estimates on the aging of its accounts receivable balances, financial health of specific customers, regional economic data, changes in its collections process, regulatory requirements and its customers’ compliance with the Federal Communications Commission ("FCC") rules. The Company reviews its allowance for credit losses methodology at least annually. Depending upon the type of account receivable the Company’s allowance is calculated using a pooled basis with an allowance for all accounts greater than 120 days past due, a pooled basis using a percentage of related accounts, or a specific identification method. When a specific identification method is used, potentially uncollectible accounts due to bankruptcy or other issues are reviewed individually for collectability. Write-offs of accounts receivable balances occur when the Company deems the receivables are uncollectible. The Company does not have any off-balance-sheet credit exposure related to its customers. Allowance for credit losses was not material as of December 31, 2020. A summary of activity in the allowance for credit losses for the years ended December 31, 2022 and 2021 is as follows (amounts in millions): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Additions ​ Deductions ​ ​ ​ ​ Balance at ​ Charged to ​ ​ ​ ​ ​ beginning of costs and Write-offs net ​ Balance at ​ year expenses of recoveries ​ end of year 2022 ​ $ 4 ​ 4 ​ (4) 4 2021 ​ $ — ​ 4 ​ — 4 ​ Derivative Instruments and Hedging Activities All of the Company’s derivatives, whether designated in hedging relationships or not, are recorded on the balance sheet at fair value. None of the Company’s derivatives are currently designated as hedges, as a result, changes in the fair value of the derivative are recognized in earnings. The fair value of certain of the Company’s derivative instruments are estimated using the Black Scholes Merton option-pricing model (“Black-Scholes model”). The Black-Scholes model incorporates a number of variables in determining such fair values, including expected volatility of the underlying security and an appropriate discount rate. The Company obtained volatility rates from pricing services based on the expected volatility of the underlying security over the remaining term of the derivative instrument. A discount rate was obtained at the inception of the derivative instrument and updated each reporting period, based on the Company’s estimate of the discount rate at which it could currently settle the derivative instrument. The Company considered its own credit risk as well as the credit risk of its counterparties in estimating the discount rate. Management judgment was required in estimating the Black-Scholes variables. The Company had no outstanding derivative instruments at December 31, 2022 or December 31, 2021. Investments in Equity Method Affiliates For those investments in affiliates in which the Company has the ability to exercise significant influence, the equity method of accounting is used. Under this method, the investment, originally recorded at cost, is adjusted to recognize the Company’s share of net earnings or losses of the affiliate as they occur rather than as dividends or other distributions are received. Losses are limited to the extent of the Company’s investment in, advances to and commitments for the equity method investee. The Company determines the difference between the purchase price of the equity method investee and the underlying equity which results in an excess basis in the investment. This excess basis is allocated to the underlying assets and liabilities of the Company’s equity method investee through an acquisition accounting exercise and is allocated within memo accounts used for equity method accounting purposes. Depending on the applicable underlying assets, these amounts are either amortized over the applicable useful lives or determined to be indefinite lived. Changes in the Company’s proportionate share of the underlying equity of an equity method investee, which result from the issuance of additional equity securities by such equity method investee, are recognized in the statement of operations through the gain (loss) on dilution of investment in affiliate line item. We periodically evaluate our equity method investment to determine if decreases in fair value below our cost basis are other than temporary. If a decline in fair value is determined to be other than temporary, we are required to reflect such decline in our consolidated statements of operations. Other than temporary declines in fair value of our equity method investment would be included in share of earnings (losses) of affiliates in our consolidated statements of operations. The primary factors we consider in our determination of whether declines in fair value are other than temporary are the length of time that the fair value of the investment is below our carrying value; the severity of the decline; and the financial condition, operating performance and near term prospects of the equity method investee. In addition, we consider the reason for the decline in fair value, be it general market conditions, industry specific or equity method investee specific; analysts' ratings and estimates of 12 month share price targets for the equity method investee; changes in stock price or valuation subsequent to the balance sheet date; and our intent and ability to hold the investment for a period of time sufficient to allow for a recovery in fair value. As Liberty Broadband does not control the decision making process or business management practices of our affiliates accounted for using the equity method, Liberty Broadband relies on management of its affiliates to provide it with accurate financial information prepared in accordance with GAAP that the Company uses in the application of the equity method. In addition, Liberty Broadband relies on the audit reports that are provided by the affiliates’ independent auditors on the financial statements of such affiliate. The Company is not aware, however, of any errors in or possible misstatements of the financial information provided by its equity affiliates that would have a material effect on Liberty Broadband’s consolidated financial statements. See note 6 for additional discussion regarding our investment in Charter. Other Investments All marketable equity and debt securities held by the Company are carried at fair value, generally based on quoted market prices and changes in the fair value of such securities are reported in realized and unrealized gain (losses) on financial instruments in the accompanying consolidated statements of operations. The Company elected the measurement alternative (defined as the cost of the security, adjusted for changes in fair value when there are observable prices, less impairments) for its equity securities without readily determinable fair values. The Company performs a qualitative assessment each reporting period for its equity securities without readily determinable fair values to identify whether an equity security could be impaired. When the Company’s qualitative assessment indicates that an impairment could exist, it estimates the fair value of the investment and to the extent the fair value is less than the carrying value, it records the difference as an impairment in the consolidated statements of operations. Property and Equipment Property and equipment is stated at depreciated cost less impairments, if any. Construction costs of facilities are capitalized. Construction in progress represents transmission equipment and support equipment and systems not placed in service on December 31, 2022, that management intends to place in service when the assets are ready for their intended use. Depreciation is computed using the straight-line method based upon the shorter of the estimated useful lives of the assets or the lease term, if applicable. Net property and equipment consists of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ 2022 ​ 2021 ​ ​ amounts in millions Land ​ $ 16 16 Buildings (25 years) ​ ​ 105 ​ 98 Telephony transmission equipment and distribution facilities ( 5 ​ ​ 810 705 Cable transmission equipment and distribution facilities ( 5 ​ 108 94 Support equipment and systems ( 3 ​ 106 97 Fiber optic cable systems ( 15 ​ 73 69 Other ( 2 ​ 52 40 Construction in progress ​ 126 108 ​ ​ 1,396 1,227 Accumulated depreciation ​ (385) (196) Property and equipment, net ​ $ 1,011 1,031 ​ Depreciation of property and equipment under finance leases is included in depreciation and amortization expense in the consolidated statements of operations. Depreciation expense for the years ended December 31, 2022, 2021 and 2020 was $195 million, $192 million and $9 million, respectively. Repairs and maintenance are charged to expense as incurred. Expenditures for major renewals and betterments are capitalized. Accumulated depreciation is removed and gains or losses are recognized at the time of sales or other dispositions of property and equipment. Material interest costs incurred during the construction period of non-software capital projects are capitalized. Interest is capitalized in the period commencing with the first expenditure for a qualifying capital project and ending when the capital project is substantially complete and ready for its intended use. Capitalized interest costs for the years ended December 31, 2022 and 2021 were $4 million and $2 million, respectively, and were not material for the year ended December 31, 2020. Impairment of Long-lived Assets The Company periodically reviews the carrying amounts of its property and equipment and its intangible assets (other than goodwill and indefinite-lived intangible assets) to determine whether current events or circumstances indicate that such carrying amounts may not be recoverable. If the carrying amount of the asset group is greater than the expected undiscounted cash flows to be generated by such asset group, including its ultimate disposition, an impairment adjustment is to be recognized. Such adjustment is measured by the amount that the carrying value of such asset groups exceeds its fair value. The Company generally measures fair value by considering sale prices for similar asset groups or by discounting estimated future cash flows using an appropriate discount rate. Considerable management judgment is necessary to estimate the fair value of asset groups. Accordingly, actual results could vary significantly from such estimates. Asset groups to be disposed of are carried at the lower of their financial statement carrying amount or fair value less costs to sell. Asset Retirement Obligations The Company records the fair value of a liability for an asset retirement obligation in the period in which it is incurred in Other liabilities in the consolidated balance sheets. When the liability is initially recorded, the Company capitalizes a cost by increasing the carrying amount of the related long-lived asset. In periods subsequent to initial measurement, changes in the liability for an asset retirement obligation resulting from revisions to either the timing or the amount of the original estimate of undiscounted cash flows are recognized. Over time, the liability is accreted to its present value each period, and the capitalized cost is depreciated over the useful life of the related asset. Upon settlement of the liability, the Company either settles the obligation for its recorded amount or incurs a gain or loss upon settlement. The majority of the Company’s asset retirement obligations are the estimated cost to remove telephony transmission equipment and support equipment from leased property. The asset retirement obligation is in Other liabilities in the consolidated balance sheets. Following is a reconciliation of the beginning and ending aggregate carrying amounts of the liability for asset retirement obligations (amounts in millions): ​ ​ ​ ​ ​ ​ Balance at December 31, 2020 ​ $ 76 ​ Liability incurred ​ 1 ​ Accretion expense ​ 3 ​ Liability settled ​ (1) ​ Balance at December 31, 2021 ​ ​ 79 ​ Liability incurred ​ ​ — ​ Accretion expense ​ ​ 2 ​ Liability settled ​ ​ — ​ Balance at December 31, 2022 ​ $ 81 ​ ​ Certain of the Company’s network facilities are on property that requires it to have a permit and the permit contains provisions requiring the Company to remove its network facilities in the event the permit is not renewed. The Company expects to continually renew its permits and therefore cannot reasonably estimate any liabilities associated with such agreements. A remote possibility exists that the Company would not be able to successfully renew a permit, which could result in it incurring significant expense in complying with restoration or removal provisions. Intangible Assets Internally used software, whether developed or purchased and installed as is, is capitalized and amortized using the straight-line method over an estimated useful life of three The Company has Software as a Service ("SaaS") arrangements which are accounted for as service agreements, and are not capitalized. Internal and other third party costs for SaaS arrangements are capitalized or expensed in accordance with the internal use software guidance as discussed in the preceding paragraph. Intangible assets with estimable useful lives are amortized over their respective estimated useful lives to their estimated residual values, and reviewed for impairment upon certain triggering events. Intangible assets with estimable useful lives are being amortized over 3 to 16 year periods with a weighted-average life of 13 years. Goodwill, cable certificates (certificates of convenience and public necessity) and other intangible assets with indefinite useful lives are not amortized, but instead are tested for impairment at least annually. Cable certificates represent agreements or authorizations with government entities that allow access to homes in cable service areas, including the future economic benefits of the right to solicit and service potential customers and the right to deploy and market new services to potential customers. Goodwill represents the excess of cost over fair value of net assets acquired in connection with a business acquisition. The Company’s annual impairment assessment of its indefinite-lived intangible assets is performed during the fourth quarter of each year. The accounting guidance allows entities the option to perform a qualitative impairment test for goodwill. The entity may resume performing the quantitative assessment in any subsequent period. In evaluating goodwill on a qualitative basis, the Company reviews the business performance of each reporting unit and evaluates other relevant factors as identified in the relevant accounting guidance to determine whether it was more likely than not that an indicated impairment exists for any of its reporting units. The Company considers whether there are any negative macroeconomic conditions, industry specific conditions, market changes, increased competition, increased costs in doing business, management challenges, the legal environments and how these factors might impact company specific performance in future periods. As part of the analysis the Company also considers fair value determinations for certain reporting units that have been made at various points throughout the current year and prior year for other purposes. If based on the qualitative analysis it is more likely than not that an impairment exists, the Company performs the quantitative impairment test. The quantitative goodwill impairment test compares the estimated fair value of a reporting unit to its carrying value and to the extent the carrying value is greater than the fair value, the difference is recorded as an impairment in the consolidated statements of operations. Developing estimates of fair value requires significant judgments, including making assumptions about appropriate discount rates, perpetual growth rates, relevant comparable market multiples, public trading prices and the amount and timing of expected future cash flows. The cash flows employed in the Company’s valuation analyses are based on management’s best estimates considering current marketplace factors and risks as well as assumptions of growth rates in future years. There is no assurance that actual results in the future will approximate these forecasts. The accounting guidance also permits entities to first perform a qualitative assessment to determine whether it is more likely than not that an indefinite-lived intangible asset, other than goodwill, is impaired. The accounting guidance also allows entities the option to bypass the qualitative assessment for any indefinite-lived intangible asset in any period and proceed directly to the quantitative impairment test. The entity may resume performing the qualitative assessment in any subsequent period. If the qualitative assessment supports that it is more likely than not that the carrying value of the Company’s indefinite-lived intangible assets, other than goodwill, exceeds its fair value, then a quantitative assessment is performed. If the carrying value of an indefinite-lived intangible asset exceeds its fair value, an impairment loss is recognized in an amount equal to that excess. Revenue Recognition GCI Holdings Revenue is measured based on consideration specified in a contract with a customer and excludes any sales incentives and amounts collected on behalf of third parties. GCI Holdings recognizes revenue when it satisfies a performance obligation by transferring control of a product or service to a customer. Substantially all of GCI Holdings’ revenue is earned from services transferred over time. If at contract inception, GCI Holdings determines the time period between when it transfers a promised good or service to a customer and when the customer pays for that good or service is one year or less, it does not adjust the promised amount of consideration for the effects of a significant financing component. Certain of GCI Holdings’ customers have guaranteed levels of service. If an interruption in service occurs, GCI Holdings does not recognize revenue for any portion of the monthly service fee that will be refunded to the customer or not billed to the customer due to these service level agreements. Taxes assessed by a governmental authority that are both imposed on, and concurrent with, a specific revenue-producing transaction that are collected by GCI Holdings from a customer, are excluded from revenue from contracts with customers. Nature of Services and Products Data Data revenue is generated by providing data network access, high-speed internet services, and product sales. Monthly service revenue for data network access and high-speed internet services is billed in advance, recorded as deferred revenue on the balance sheet, and recognized as the associated services are provided to the customer. Internet service excess usage revenue is recognized when the services are provided. GCI Holdings recognizes revenue for product sales when a customer takes possession of the equipment. GCI Holdings provides telecommunications engineering services on a time and materials basis. Revenue is recognized for these services as-invoiced. Wireless Wireless revenue is generated by providing access to, and usage of GCI Holdings’ network by consumer, business, and wholesale carrier customers. Additionally, GCI Holdings generates revenue by selling wireless equipment such as handsets and tablets. In general, access revenue is billed in advance, recorded as deferred revenue on the balance sheet, and recognized as the associated services are provided to the customer. Equipment sales revenue associated with the sale of wireless devices and accessories is generally recognized when the products are delivered to and control transfers to the customer. Consideration received from the customer is allocated to the service and products based on stand-alone selling prices when purchased together. New and existing wireless customers have the option to participate in Upgrade Now, a program that provides eligible customers with the ability to purchase certain wireless devices in installments over a period of up to 36 months. Participating customers have the right to trade-in the original equipment for a new device after making the equivalent of 12 monthly installment payments, provided their handset is in good working condition. Upon upgrade, the outstanding balance of the wireless equipment installment plan is exchanged for the used handset. GCI Holdings accounts for this upgrade option as a right of return with a reduction of Revenue and Operating expense for handsets expected to be upgraded based on historical data. Other Other revenue consists of video and voice revenue. Arrangements with Multiple Performance Obligations Contracts with customers may include multiple performance obligations as customers purchase multiple services and products within those contracts. For such arrangements, revenue is allocated to each performance obligation based on the relative standalone selling price for each service or product within the contract. Standalone selling prices are generally determined based on the prices charged to customers. Significant Judgments Some contracts with customers include variable consideration, and may require significant judgment to determine the total transaction price, which impacts the amount and timing of revenue recognized. GCI Holdings uses historical customer data to estimate the amount of variable consideration included in the total transaction price and reassess its estimate at each reporting period. Any change in the total transaction price due to a change in the estimated variable consideration is allocated to the performance obligations on the same basis as at contract inception. Any portion of a change in transaction price that is allocated to a satisfied or partially satisfied performance obligation is recognized as revenue (or a reduction in revenue) in the period of the transaction price change. Variable consideration has been constrained to reduce the likelihood of a significant revenue reversal. Often contracts with customers include promises to transfer multiple products and services to a customer. Determining whether products and services are considered distinct performance obligations that should be accounted for separately versus together may require significant judgment. Judgment is required to determine the standalone selling price for each distinct performance obligation. Services and products are generally sold separately, which helps establish standalone selling price for services and products GCI Holdings provides. Remaining Performance Obligations The Company expects to recognize revenue in the future related to performance obligations that are unsatisfied (or partially unsatisfied) as of December 31, 2022 of $242 million in 202 3 202 4 202 5 202 6 202 7 The Company applies certain practical expedients as permitted and does not disclose information about remaining performance obligations that have original expected durations of one year or less, information about revenue remaining from usage based performance obligations that are recognized over time as-invoiced, or variable consideration allocated to wholly unsatisfied performance obligations. Contract Balances The Company had receivables of $189 million and $217 million at December 31, 2022 and 2021, respectively, the long-term portion of which are included in Other assets, net. The Company had deferred revenue of $33 million and $32 million at December 31, 2022 and 2021, respectively, the long-term portion of which are included in Other liabilities. The receivables and deferred revenue are only from contracts with customers. GCI Holdings’ customers generally pay for services in advance of the performance obligation and therefore these prepayments are recorded as deferred revenue. The deferred revenue is recognized as revenue in the accompanying consolidated statements of operations as the services are provided. Changes in the contract liability balance for the Company during 2022 was not materially impacted by other factors. Assets Recognized from the Costs to Obtain a Contract with a Customer Management expects that incremental commission fees paid to intermediaries as a result of obtaining customer contracts are recoverable and therefore the Company capitalizes them as contract costs. Capitalized commission fees are amortized based on the transfer of goods or services to which the assets relate which typically range from two The Company recognizes the incremental costs of obtaining contracts as an expense when incurred if the amortization period of the assets that otherwise would have recognized is one year or less. These costs are included in Selling, general, and administrative expenses. Revenue from contracts with customers, classified by customer type and significant service offerings follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ amounts in millions GCI Holdings ​ ​ ​ ​ ​ Consumer Revenue ​ ​ ​ ​ ​ Data ​ $ 231 214 ​ 7 ​ Wireless ​ ​ 143 134 ​ 5 ​ Other ​ 55 86 ​ 3 ​ Business Revenue ​ ​ ​ ​ ​ ​ Data ​ 392 364 ​ 12 ​ Wireless ​ 47 68 ​ 3 ​ Other ​ 24 27 ​ 1 ​ Lease, grant, and revenue from subsidies ​ 77 77 ​ 3 ​ Total GCI Holdings ​ ​ 969 ​ 970 ​ 34 ​ Corporate and other ​ ​ 6 ​ 18 ​ 17 ​ Total ​ $ 975 988 ​ 51 ​ ​ Advertising Costs Advertising costs generally are expensed as incurred. Advertising expense aggregated $4 million and $5 million for the years ended December 31, 2022 and 2021, respectively, and was not material for the year ended December 31, 2020. Advertising costs are reflected in the Selling, general and administrative, including stock-based compensation line item in our consolidated statements of operations. Stock-Based Compensation As more fully described in note 12, Liberty Broadband has granted to its directors, employees and employees of certain of its subsidiaries, restricted stock and stock options to purchase shares of Liberty Broadband common stock (collectively, “Awards”). Liberty Broadband measures the cost of employee services received in exchange for an equity classified Award (such as stock options and restricted stock) based on the grant-date fair value of the Award, and recognizes that cost over the period during which the employee is required to provide service (usually the vesting period of the Award). Liberty Broadband measures the cost of employee services received in exchange for a liability classified Award based on the current fair value of the Award, and remeasures the fair value of the Award at each reporting date. Income Taxes The Company accounts for income taxes using the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts and income tax bases of assets and liabilities and the expected benefits of utilizing net operating loss and tax credit carryforwards. The deferred tax assets and liabilities are calculated using enacted tax rates in effect for each taxing jurisdiction in which the Company operates for the year in which those temporary differences are expected to be recovered or settled. Net deferred tax assets are then reduced by a valuation allowance if the Company believes it more likely than not that such net deferred tax assets will not be realized. We consider all relevant factors when assessing the likelihood of future realization of our deferred tax assets, including our recent earnings experience by jurisdiction, expectations of future taxable income, and the carryforward periods available to us for tax reporting purposes, as well as assessing available tax planning strategies. The effect on deferred tax assets and liabilities of an enacted change in tax rates is recognized in the consolidated statements of operations in the period that includes the enactment date. Due to inherent complexities arising from the nature of our businesses, future changes in income tax law, tax sharing agreements or variances between our actual and anticipated operating results, we make certain judgments and estimates. Therefore, actual income taxes could materially vary from these estimates. When the tax law requires interest to be paid on an underpayment of income taxes, the Company recognizes interest expense from the first period the interest would begin accruing according to the relevant tax law. Such interest expense is included in interest expense in the accompanying consolidated statements of operations. Any accrual of penalties related to underpayment of income taxes on uncertain tax positions is included in Other, net in the accompanying consolidated statements of operations. We recognize in our consolidated financial statements the impact of a tax position, if that position is more likely than not to be sustained upon an examination, based on the technical merits of the position. ​ Certain Risks and Concentrations GCI Holdings offers wireless and wireline telecommunication services, data services, video services, and managed services to customers primarily throughout Alaska. Because of this geographic concentration, growth of GCI Holdings’ business and operations depends upon economic conditions in Alaska. GCI Holdings receives support from each of the various Universal Service Fund ("USF") programs: rural health care, schools and libraries, high-cost, and lifeline. The programs are subject to change by regulatory actions taken by the FCC or legislative actions, therefore, changes to the programs could result in a material decrease in revenue that the Company has recorded. Historical revenue recognized from the programs was 35%, 32% and 29% of GCI Holdings’ revenue for the years ended December 31, 2022, 2021 and 2020, respectively. The Company had USF net receivables of $116 million at December 31, 2022. See note 14 for more information regarding the rural health care receivables. Loss Contingencies Periodically, we review the status of all significant outstanding matters to assess any potential financial exposure. When (i) it is probable that a loss has been incurred and (ii) the amount of the loss can be reasonably estimated, we record the estimated loss in our consolidated statements of operations. We provide disclosure in the notes to the consolidated financial statements for loss contingencies that do not meet both these conditions if there is a reasonable possibility that a loss may have been incurred that would be material to the financial statements. Significant judgment is required to determine the probability that a liability has been incurred and whether such liability is reasonably estimable. We base accruals made on the best information available at the time which can be highly subjective. The final outcome of these matters could vary significantly from the amounts included in the accompanying consolidated financial statements. Comprehensive Earnings (Loss) Comprehensive earnings (loss) consists of net earnings (loss), comprehensive earnings (loss) attributable to debt credit risk adjustments and the Company’s share of the comprehensive earnings (loss) of our equity method affiliate. Earnings per Share (EPS) Basic earnings (loss) per common share (“EPS”) is computed by dividing net earnings (loss) by the weighted average number of common shares outstanding (“WASO”) for the period. Diluted EPS presents the dilutive effect on a per share basis of potential common shares as if they had been converted at the beginning of the periods present

Supplemental Disclosures to Con

Supplemental Disclosures to Consolidated Statements of Cash Flows	12 Months Ended
	Dec. 31, 2022
Supplemental Disclosures to Consolidated Statements of Cash Flows
Supplemental Disclosures to Consolidated Statements of Cash Flows	(3) Supplemental Disclosures to Consolidated Statements of Cash Flows ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ ​ amounts in millions ​ Cash paid for acquisitions: ​ ​ ​ ​ ​ ​ ​ ​ Property and equipment ​ $ — — 1,109 ​ Investment in Charter ​ ​ — ​ — ​ 3,494 ​ Intangible assets not subject to amortization ​ — — 1,342 ​ Intangible assets subject to amortization ​ — — 639 ​ Receivables and other assets ​ ​ — ​ — ​ 641 ​ Net liabilities assumed ​ — — (3,719) ​ Deferred tax assets (liabilities) ​ — — (1,026) ​ Noncontrolling interests ​ ​ — ​ — ​ (12) ​ Fair value of equity consideration ​ — — (3,060) ​ Cash paid (received) for acquisitions, net of cash acquired ​ $ — — (592) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ amounts in millions Cash paid for interest ​ $ 137 ​ 125 ​ 24 ​ Cash paid for taxes $ 266 238 — ​ ​ The following table reconciles cash and cash equivalents and restricted cash reported in the Company’s consolidated balance sheets to the total amount presented in its consolidated statements of cash flows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ amounts in millions Cash and cash equivalents ​ $ 375 191 ​ 1,418 ​ Restricted cash included in other current assets ​ 24 15 ​ 15 ​ Restricted cash included in other long-term assets ​ ​ 1 ​ — ​ — ​ Total cash and cash equivalents and restricted cash at end of period ​ $ 400 206 1,433 ​ ​

Acquisition

Acquisition	12 Months Ended
	Dec. 31, 2022
Acquisition
Acquisition	(4) Acquisition On December 18, 2020, the Company completed the Combination with GCI Liberty. The Company accounted for the Combination using the acquisition method of accounting. The following details the acquisition consideration as of December 18, 2020 (amounts in millions), which is primarily based on level 1 inputs: ​ ​ ​ ​ ​ Fair value of newly issued Liberty Broadband Series C and B common stock 1 ​ $ 9,695 ​ Fair value of newly issued Liberty Broadband Preferred Stock 2 ​ ​ 203 ​ Fair value of share-based payment replacement awards 3 ​ ​ 105 ​ Total fair value of consideration ​ ​ 10,003 ​ Less: Fair value of Liberty Broadband shares attributable to share repurchase 4 ​ ​ (6,739) ​ Total fair value of consideration attributable to business combination ​ ​ 3,264 ​ Less: Fair value of newly issued Liberty Broadband Preferred Stock 2 ​ ​ (203) ​ Less: Fair value of share-based payment replacement awards accounted for as liability awards ​ ​ (1) ​ Total fair value of acquisition consideration to be allocated ​ $ 3,060 ​ (1) The fair value of newly issued Series C and B Liberty Broadband common stock was calculated by multiplying (i) the outstanding shares of GCI Liberty Series A and B common stock as of December 18, 2020 (ii) the exchange ratio of 0.58 , and (iii) the closing share price of Liberty Broadband Series C and B common stock on December 18, 2020. Liberty Broadband issued 61.3 million shares of Series C common stock and 98 thousand shares of Series B common stock. ​ (2) The fair value of the newly issued Liberty Broadband Preferred Stock was calculated by multiplying (i) the outstanding shares of GCI Liberty Preferred Stock as of December 18, 2020, and (ii) the closing share price of GCI Liberty Preferred Stock on December 18, 2020. The GCI Liberty Preferred Stock was converted on a one to one ratio into Liberty Broadband Preferred Stock. ​ (3) This amount represents the fair value of share-based payment replacement awards. ​ (4) GCI Liberty owned approximately 42.7 million shares of Liberty Broadband Series C common stock. The acquisition of Liberty Broadband Series C common stock is accounted for as a share repurchase by Liberty Broadband. This amount was calculated by multiplying (i) the number of shares of Liberty Broadband Series C common stock owned by GCI Liberty as of December 18, 2020 and (ii) the closing share price of Liberty Broadband Series C common stock on December 18, 2020. ​ The application of the acquisition method resulted in the assignment of purchase price to the GCI Liberty assets acquired and liabilities assumed based on estimates of their acquisition date fair values (primarily level 3). The determination of the fair values of the acquired assets and liabilities (and the determination of estimated lives of depreciable tangible and identifiable intangible assets) requires significant judgment. ​ ​ ​ ​ ​ ​ Cash and cash equivalents including restricted cash $ 592 Receivables ​ 339 Property and equipment ​ 1,109 Goodwill ​ 755 Investment in Charter ​ ​ 3,494 Intangible assets not subject to amortization ​ 587 Intangible assets subject to amortization ​ 639 Other assets ​ 302 Deferred revenue ​ (60) Debt, including obligations under tower and finance leases ​ (2,772) Indemnification liability ​ ​ (336) Deferred income tax liabilities ​ (1,026) Preferred stock ​ (203) Non-controlling interest ​ (12) Other liabilities ​ (348) Total fair value of acquisition consideration to be allocated ​ $ 3,060 ​ Goodwill is calculated as the excess of the consideration transferred over the identifiable net assets acquired and represents the future economic benefits expected to arise from other intangible assets acquired that do not qualify for separate recognition, including assembled workforce, value associated with future customers, continued innovation and non-contractual relationships. Amortizable intangible assets of $639 million were acquired and are comprised of customer relationships with a weighted average useful life of approximately 14 years and right-to-use assets with a weighted average useful life of approximately 12 years. Approximately $134 million of the acquired goodwill will be deductible for income tax purposes. As of December 31, 2021, the determination of the acquisition date fair value of the acquired assets and assumed liabilities is final. ​ Since the date of the acquisition, included in net earnings (loss) attributable to Liberty Broadband shareholders for the year ended December 31, 2020 was $28 million in earnings related to GCI Liberty. The unaudited pro forma revenue, net earnings and basic and diluted net earnings per common share of Liberty Broadband, prepared utilizing the historical financial statements of Liberty Broadband, giving effect to acquisition accounting related adjustments made at the time of acquisition, as if the acquisition discussed above occurred on January 1, 2019, are as follows: ​ ​ ​ ​ ​ ​ ​ Year ended December 31, ​ ​ 2020 ​ ​ amounts in millions, except ​ ​ per share amounts Revenue ​ $ 968 Net earnings (loss) ​ $ 695 Net earnings (loss) attributable to Liberty Broadband shareholders ​ $ 695 Basic net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share ​ $ 3.82 Diluted net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share ​ $ 3.79 ​ The pro forma results include adjustments directly attributable to the business combination including adjustments related to the amortization of acquired tangible and intangible assets, revenue, interest expense, stock-based compensation, and the exclusion of transaction related costs. The pro forma information is not representative of the Company’s future results of operations nor does it reflect what the Company’s results of operations would have been if the acquisition had occurred previously and the Company consolidated the results of GCI Liberty during the periods presented.

Assets and Liabilities Measured

Assets and Liabilities Measured at Fair Value	12 Months Ended
	Dec. 31, 2022
Assets and Liabilities Measured at Fair Value
Assets and Liabilities Measured at Fair Value	(5) Assets and Liabilities Measured at Fair Value For assets and liabilities required to be reported at fair value, GAAP provides a hierarchy that prioritizes inputs to valuation techniques used to measure fair value into three broad levels. Level 1 inputs are quoted market prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. Level 2 inputs are inputs, other than quoted market prices included within Level 1, that are observable for the asset or liability, either directly or indirectly. Level 3 inputs are unobservable inputs for the asset or liability. The Company does not have any recurring assets or liabilities measured at fair value that would be considered Level 3. The Company’s assets and liabilities measured at fair value are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ December 31, 2021 ​ ​ ​ ​ ​ Quoted prices ​ Significant ​ ​ ​ Quoted prices ​ Significant ​ ​ ​ ​ ​ in active ​ other ​ ​ ​ in active ​ other ​ ​ ​ ​ ​ markets for ​ observable ​ ​ ​ markets for ​ observable ​ ​ ​ ​ ​ identical assets ​ inputs ​ ​ ​ identical assets ​ inputs Description ​ Total ​ (Level 1) ​ (Level 2) ​ Total ​ (Level 1) ​ (Level 2) ​ ​ amounts in millions Cash equivalents ​ $ 288 ​ 288 ​ — ​ 118 ​ 118 ​ — ​ Indemnification obligation ​ $ 50 ​ — ​ 50 ​ 324 ​ — ​ 324 ​ Exchangeable senior debentures ​ $ 1,373 ​ — ​ 1,373 ​ 1,428 ​ — ​ 1,428 ​ ​ Pursuant to an indemnification agreement initially entered into by GCI Liberty and assumed by Liberty Broadband in connection with the Combination, Liberty Broadband has agreed to indemnify Liberty Interactive LLC (“LI LLC”), a subsidiary of Qurate Retail, for certain payments made to holders of LI LLC’s 1.75% exchangeable debentures due 2046 (the "1.75% Exchangeable Debentures"). An indemnity obligation in the amount of $336 million was recorded upon completion of the Combination. The indemnification liability due to LI LLC pertains to the holders’ ability to exercise their exchange right according to the terms of the 1.75% Exchangeable Debentures on or before October 5, 2023. Such amount will equal the difference between the exchange value and par value of the 1.75% Exchangeable Debentures at the time the exchange occurs. The indemnification obligation recorded in the consolidated balance sheets as of December 31, 2022 and December 31, 2021 represents the fair value of the estimated exchange feature included in the 1.75% Exchangeable Debentures primarily based on observable market data as significant inputs (Level 2). As of December 31, 2022, a holder of the 1.75% Exchangeable Debentures has the ability to exchange their debentures on October 5, 2023, and, accordingly, such indemnification obligation is included as a current liability in the Company’s consolidated balance sheets. The Company’s exchangeable senior debentures are debt instruments with quoted market value prices that are not considered to be traded on “active markets”, as defined in GAAP, and are reported in the foregoing table as Level 2 fair value. Other Financial Instruments Other financial instruments not measured at fair value on a recurring basis include trade receivables, trade payables, accrued and other current liabilities, current portion of debt (with the exception of the 1.25% Debentures, the 2.75% Debentures and the 1.75% Debentures (each as defined in note 8)) and long-term debt. With the exception of long-term debt, the carrying amount approximates fair value due to the short maturity of these instruments as reported on our consolidated balance sheets. The carrying value of the Margin Loan Facility, Senior Credit Facility and Wells Fargo Note Payable (each as defined in note 8) all bear interest at a variable rate and therefore are also considered to approximate fair value. Realized and Unrealized Gains (Losses) on Financial Instruments Realized and unrealized gains (losses) on financial instruments are comprised of changes in the fair value of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ amounts in millions Indemnification obligation ​ $ 273 ​ 21 ​ (9) ​ Exchangeable senior debentures (1) ​ ​ 61 ​ 46 ​ (74) ​ ​ ​ $ 334 67 (83) ​ (1) The Company has elected to account for its exchangeable senior debentures using the fair value option. Changes in the fair value of the exchangeable senior debentures recognized in the consolidated statements of operations are primarily due to market factors driven by changes in the fair value of the underlying shares into which the debt is exchangeable. The Company isolates the portion of the unrealized gain (loss) attributable to the change in the instrument specific credit risk and recognizes such amount in other comprehensive income. The change in the fair value of the exchangeable senior debentures attributable to changes in the instrument specific credit risk before tax was a loss of $7 million, a loss of $2 million and a gain of $9 million for the years ended December 31, 2022, 2021 and 2020, respectively. The cumulative change was a gain of less than $1 million as of December 31, 2022.

Investment in Charter Accounted

Investment in Charter Accounted for Using the Equity Method	12 Months Ended
	Dec. 31, 2022
Investment in Charter Accounted for Using the Equity Method
Investment in Charter Accounted for Using the Equity Method	(6) Investment in Affiliates Accounted for Using the Equity Method Charter ​ Through a number of prior years’ transactions and the Combination, Liberty Broadband has acquired an interest in Charter. The investment in Charter is accounted for as an equity method affiliate based on our voting and ownership interest and the board seats held by individuals appointed by Liberty Broadband. As of December 31, 2022, the carrying and market value of Liberty Broadband’s ownership in Charter was approximately $11.4 billion and $16.0 billion, respectively. We own an approximate 30.9% economic ownership interest in Charter, based on shares of Charter’s Class A common stock issued and outstanding as of December 31, 2022. Upon the closing of the Time Warner Cable merger, the Second Amended and Restated Stockholders Agreement, dated as of May 23, 2015, by and among Charter, Liberty Broadband and Advance/Newhouse Partnership, as amended (the “Stockholders Agreement”), became fully effective. Pursuant to the Stockholders Agreement, Liberty Broadband’s equity ownership in Charter (on a fully diluted basis) is capped at the greater of 26% or the voting cap (as defined below) (“Equity Cap”). As of December 31, 2022, due to Liberty Broadband’s voting interest exceeding the current voting cap of 25.01%, our voting control of the aggregate voting power of Charter is 25.01%. Under the Stockholders Agreement, Liberty Broadband has agreed to vote (subject to certain exceptions) all voting securities beneficially owned by it, or over which it has voting discretion or control that are in excess of the voting cap in the same proportion as all other votes cast by public stockholders of Charter with respect to the applicable matter. In February 2021, Liberty Broadband was notified that its ownership interest, on a fully diluted basis, had exceeded the Equity Cap set forth in the Stockholders Agreement. On February 23, 2021, Charter and Liberty Broadband entered into a letter agreement . Pursuant to this letter agreement, following any month during which Charter purchases, redeems or buys back shares of its Class A common stock, and prior to certain meetings of Charter’s stockholders, Liberty Broadband will be obligated to sell to Charter, and Charter will be obligated to purchase, such number of shares of Class A common stock as is necessary (if any) to reduce Liberty Broadband’s percentage equity interest, on a fully diluted basis, to the Equity Cap (such transaction, a “Charter Repurchase”). The per share sale price for each share of Charter will be equal to the volume weighted average price paid by Charter in its repurchases, redemptions and buybacks of its common stock (subject to certain exceptions) during the month prior to the Charter Repurchase (or, if applicable, during the relevant period prior to the relevant meeting of Charter stockholders). Under the terms of the letter agreement, Liberty Broadband sold 6,168,174 and 6,077,664 shares of Charter Class A common stock to Charter for $3.0 billion and $4.2 billion during the years ended December 31, 2022 and 2021, respectively, to maintain our fully diluted ownership percentage at 26% . Subsequent to December 31, 2022, Liberty Broadband sold 120,149 shares of Charter Class A common stock to Charter for $42 million. During the year ended December 31, 2020, Liberty Broadband exercised its preemptive right to purchase an aggregate of approximately 35 thousand shares of Charter’s Class A common stock for an aggregate purchase price of $15 million. During the years ended December 31, 2022, 2021 and 2020, there were dilution losses of $63 million, $102 million, and $184 million, respectively, in the Company’s investment in Charter. The dilution losses were primarily attributable to stock option exercises by employees and other third parties, partially offset by a gain on dilution related to Charter’s repurchase of Liberty Broadband’s Charter shares during the years ended December 31, 2022 and 2021. The excess basis has been allocated within memo accounts used for equity method accounting purposes as follows (amounts in millions): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ ​ 2022 ​ 2021 ​ Property and equipment $ 524 ​ 661 ​ Customer relationships ​ 2,230 ​ 2,537 ​ Franchise fees ​ 3,809 ​ 3,828 ​ Trademarks ​ 29 ​ 29 ​ Goodwill ​ 3,975 ​ 4,024 ​ Debt ​ (450) ​ (535) ​ Deferred income tax liability ​ (1,505) ​ (1,626) ​ ​ ​ $ 8,612 ​ 8,918 ​ ​ Property and equipment and customer relationships have weighted average remaining useful lives of approximately 5 years and 8 years, respectively, and indefinite lives for franchise fees, trademarks and goodwill. The excess basis of outstanding debt is amortized over the contractual period using the straight-line method. The decrease in excess basis for the year ended December 31, 2022 was primarily due to amortization, as well as the impact of Charter share issuances during the period. Included in our share of earnings from Charter of $1,326 million, $1,194 million and $713 million for the years ended December 31, 2022, 2021 and 2020, respectively, are $232 million, $234 million and $144 million, respectively, of losses, net of taxes, due to the amortization of the excess basis related to assets with identifiable useful lives and debt. Summarized financial information for Charter is as follows: Consolidated Balance Sheets ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, December 31, ​ ​ ​ 2022 2021 ​ ​ ​ amounts in millions ​ Current assets ​ $ 4,017 ​ 3,566 ​ Property and equipment, net ​ 36,039 ​ 34,310 ​ Goodwill ​ 29,563 ​ 29,562 ​ Intangible assets, net ​ 70,135 ​ 71,406 ​ Other assets ​ 4,769 ​ 3,647 ​ Total assets ​ $ 144,523 ​ 142,491 ​ Current liabilities ​ $ 12,065 ​ 12,458 ​ Deferred income taxes ​ 19,058 ​ 19,096 ​ Long-term debt ​ 96,093 ​ 88,564 ​ Other liabilities ​ 4,758 ​ 4,217 ​ Equity ​ 12,549 ​ 18,156 ​ Total liabilities and shareholders' equity ​ $ 144,523 ​ 142,491 ​ ​ Consolidated Statements of Operations ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ ​ 2022 2021 ​ 2020 ​ ​ ​ amounts in millions ​ Revenue ​ $ 54,022 ​ 51,682 ​ 48,097 ​ Cost and expenses: ​ ​ ​ ​ ​ ​ ​ ​ Operating costs and expenses (excluding depreciation and amortization) ​ 32,876 ​ 31,482 ​ 29,930 ​ Depreciation and amortization ​ 8,903 ​ 9,345 ​ 9,704 ​ Other operating expenses, net ​ 281 ​ 329 ​ 58 ​ ​ ​ 42,060 ​ 41,156 ​ 39,692 ​ Operating income ​ 11,962 ​ 10,526 ​ 8,405 ​ Interest expense, net ​ (4,556) ​ (4,037) ​ (3,848) ​ Other income (expense), net ​ 56 ​ (101) ​ (255) ​ Income tax (expense) benefit ​ (1,613) ​ (1,068) ​ (626) ​ Net earnings (loss) ​ ​ 5,849 ​ 5,320 ​ 3,676 ​ Less: Net income attributable to noncontrolling interests ​ ​ (794) ​ (666) ​ (454) ​ Net Income (loss) attributable to Charter shareholders ​ $ 5,055 ​ 4,654 ​ 3,222 ​ ​

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets
Goodwill and Intangible Assets	(7) Goodwill and Intangible Assets Goodwill and Indefinite Lived Assets Changes in the carrying amount of goodwill are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate and ​ ​ ​ GCI Holdings ​ other ​ Total ​ amounts in millions ​ Balance at December 31, 2020 ​ $ 739 ​ 7 746 ​ Acquisition adjustments during measurement period ​ ​ 16 ​ — ​ 16 ​ Balance at December 31, 2021 ​ ​ 755 ​ 7 762 ​ Dispositions ​ ​ — ​ (7) ​ (7) ​ Balance at December 31, 2022 ​ $ 755 ​ — ​ 755 ​ ​ As presented in the accompanying consolidated balance sheets, cable certificates are the majority of the other significant indefinite lived intangible assets. Intangible Assets Subject to Amortization, net ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 December 31, 2021 ​ ​ Gross ​ ​ ​ Net ​ Gross ​ ​ ​ Net ​ ​ carrying ​ Accumulated ​ carrying ​ carrying ​ Accumulated ​ carrying ​ amount amortization amount amount amortization amount ​ ​ amounts in millions Customer relationships ​ $ 515 ​ (91) ​ 424 ​ ​ 515 ​ (49) ​ 466 Other amortizable intangibles ​ 147 ​ (55) ​ 92 ​ 138 ​ (31) ​ 107 Total ​ $ 662 ​ (146) ​ 516 ​ ​ 653 ​ (80) ​ 573 ​ ​ Intangible assets are being amortized generally on an accelerated basis as reflected in amortization expense and in the future amortization table below. Amortization expense for intangible assets with finite useful lives was $67 million, $75 million and $6 million for the years ended December 31, 2022, 2021 and 2020, respectively. Amortization expense for amortizable intangible assets for each of the five succeeding fiscal years is estimated to be (amounts in millions): ​ ​ ​ ​ ​ ​ ​ 2023 ​ $ 61 2024 ​ $ 55 2025 ​ $ 52 2026 ​ $ 49 2027 ​ $ 48 ​

Debt

Debt	12 Months Ended
	Dec. 31, 2022
Debt
Debt	(8) Debt Debt is summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding ​ ​ ​ ​ ​ ​ ​ principal ​ Carrying value ​ ​ December 31, ​ December 31, ​ December 31, ​ ​ 2022 ​ 2022 ​ 2021 ​ amounts in millions ​ Margin Loan Facility ​ $ 1,400 ​ 1,400 1,300 ​ 2.75% Exchangeable Senior Debentures due 2050 ​ 575 ​ 560 585 ​ 1.25% Exchangeable Senior Debentures due 2050 ​ ​ 825 ​ ​ 798 ​ 818 ​ 1.75% Exchangeable Senior Debentures due 2046 ​ ​ 15 ​ ​ 15 ​ 25 ​ Senior notes ​ 600 ​ 628 632 ​ Senior credit facility ​ 397 ​ 397 399 ​ Wells Fargo note payable ​ 5 ​ 5 6 ​ Deferred financing costs ​ ​ ​ (2) (4) ​ Total debt ​ $ 3,817 ​ 3,801 3,761 ​ Debt classified as current ​ ​ ​ (1,376) (28) ​ Total long-term debt ​ ​ ​ ​ $ 2,425 3,733 ​ ​ Margin Loan Facility ​ On November 8, 2022, a bankruptcy remote wholly owned subsidiary of the Company (“ ”) entered into Amendment No. 6 to Margin Loan Agreement (the “Sixth ”), which amends SPV’s margin loan agreement, dated as of August 31, 2017 (as amended by the Sixth Amendment, the “ ”), with a group of lenders. The Margin Loan Agreement provides for (x) a term loan credit facility in an aggregate principal amount of $1.15 billion (the “ ” and proceeds of such facility, the “ ”), (y) a revolving credit facility in an aggregate principal amount of $1.15 billion (the “ ” and proceeds of such facility, the “ ”; the Revolving Loans, collectively with the Term Loans, the “ ”) and (z) an uncommitted incremental term loan facility in an aggregate principal amount of up to $200 million (collectively, the “Margin Loan Facility”). No additional borrowings under the Margin Loan Agreement were made in connection with the Sixth Amendment. SPV’s obligations under the Margin Loan Facility are secured by shares of Charter owned by SPV. Outstanding borrowings under the Margin Loan Agreement were $1.4 billion and $1.3 billion as of December 31, 2022 and December 31, 2021, respectively. As of December 31, 2022, SPV was permitted to borrow an additional $900 million under the Margin Loan Agreement, subject to certain funding conditions, which may be drawn until five ​ The Margin Loan Agreement contains various affirmative and negative covenants that restrict the activities of SPV (and, in some cases, the Company and its subsidiaries with respect to shares of Charter owned by the Company and its subsidiaries). The Margin Loan Agreement does not include any financial covenants. The Margin Loan Agreement does contain restrictions related to additional indebtedness and events of default customary for margin loans of this type. SPV’s obligations under the Margin Loan Agreement are secured by first priority liens on a portion of the Company’s ownership interest in Charter, sufficient for SPV to meet the loan to value requirements under the Margin Loan Agreement. The Margin Loan Agreement indicates that no lender party shall have any voting rights with respect to the shares pledged as collateral, except to the extent that a lender party buys any shares in a sale or other disposition made pursuant to the terms of the loan agreement. Exchangeable Senior Debentures On August 27, 2020, the Company closed a private offering of $575 million aggregate original principal amount of its 2.75% Exchangeable Senior Debentures due 2050 (the “ 2.75% Debentures”), including debentures with an aggregate original principal amount of $75 million issued pursuant to the exercise of an option granted to the initial purchasers. Upon an exchange of 2.75% Debentures, the Company, at its election, may deliver shares of Charter Class A common stock, the value thereof in cash, or any combination of shares of Charter Class A common stock and cash. Initially, 1.1661 shares of Charter Class A common stock are attributable to each $1,000 original principal amount of 2.75% Debentures, representing an initial exchange price of approximately $857.56 for each share of Charter Class A common stock. A total of 670,507 shares of Charter Class A common stock are attributable to the 2.75% Debentures. Interest is payable quarterly on March 31, June 30, September 30 and December 31 of each year, commencing December 31, 2020. The 2.75% Debentures may be redeemed by the Company, in whole or in part, on or after October 5, 2023. Holders of the 2.75% Debentures also have the right to require the Company to purchase their 2.75% Debentures on October 5, 2023. The redemption and purchase price will generally equal 100% of the adjusted principal amount of the 2.75% Debentures plus accrued and unpaid interest to the redemption date, plus any final period distribution. As of December 31, 2022, a holder of the 2.75% Debentures has the ability to exchange their debentures on October 5, 2023 and, accordingly, the 2.75% Debentures have been classified as current within the consolidated balance sheet as of December 31, 2022. Upon an exchange of 1.75% Debentures, the Company, at its option, may deliver Charter Class A common stock, cash or a combination of Charter Class A common stock and cash. Initially, 2.6989 shares of Charter Class A common stock are attributable to each $1,000 principal amount of 1.75% Debentures, representing an initial exchange price of approximately $370.52 for each share of Charter Class A common stock. A total of 39,231 shares of Charter Class A common stock are attributable to the 1.75% Debentures. Interest is payable quarterly on March 31, June 30, September 30 and December 31 of each year. The 1.75% Debentures may be redeemed by the Company, in whole or in part, on or after October 5, 2023. Holders of the 1.75% Debentures also have the right to require the Company to purchase their debentures on October 5, 2023. The redemption and purchase price will generally equal 100% of the adjusted principal amount of the 1.75% Debentures plus accrued and unpaid interest. As of December 31, 2022, a holder of the 1.75% Debentures has the ability to exchange their debentures on October 5, 2023 and accordingly, the 1.75% Debentures have been classified as current within the consolidated balance sheet as of December 31, 2022. The Company elected to account for all exchangeable senior debentures at fair value in its consolidated financial statements. Accordingly, changes in the fair value of these instruments are recognized in in the accompanying consolidated statements of operations. See note 5 for information related to unrealized gains (losses) on debt measured at fair value. The Company reviews the terms of all the debentures on a quarterly basis to determine whether an event has occurred to require current classification on the consolidated balance sheets. Senior Notes In connection with the closing of the Combination on December 18, 2020, GCI, LLC became an indirect wholly owned subsidiary of the Company. GCI, LLC is the issuer of $600 million 4.75% senior notes due 2028 (the “Senior Notes”). The Senior Notes were issued by GCI, LLC on October 7, 2020 and are unsecured. Interest on the Senior Notes is payable semi-annually in arrears. The Senior Notes are redeemable at the Company’s option, in whole or in part, at a redemption price defined in the indenture, and accrued and unpaid interest (if any) to the date of redemption. The Senior Notes are stated net of an aggregate unamortized premium of $28 million at December 31, 2022. Such premium is being amortized to interest expense in the accompanying consolidated statements of operations. Senior Credit Facility In connection with the closing of the Combination on December 18, 2020, GCI, LLC became an indirect wholly owned subsidiary of the Company. GCI, LLC is the borrower under the Senior Credit Facility (as defined below). On October 15, 2021, GCI, LLC entered into an Eighth Amended and Restated Credit Agreement (the “Senior Credit Facility”), which includes a $550 million revolving credit facility, with a $25 million sublimit for standby letters of credit, that matures on October 15, 2026 and a $250 million Term Loan A (the “Term Loan A”) that matures on October 15, 2027. Additionally, the $400 million Term Loan B (the “Term Loan B”) which existed prior to the amendment, was repaid in full using the proceeds from the Term Loan A together with $150 million in borrowings under the revolving credit facility. The revolving credit facility borrowings under the Senior Credit Facility that are alternate base rate loans bear interest at a per annum rate equal to the alternate base rate plus a margin that varies between 0.50% and 1.75% depending on GCI, LLC’s total leverage ratio. The revolving credit facility borrowings under the Senior Credit Facility that are LIBOR loans bear interest at a per annum rate equal to the applicable LIBOR plus a margin that varies between 1.50% and 2.75% depending on GCI, LLC’s total leverage ratio. Term Loan A borrowings that are alternate base rate loans bear interest at a per annum rate equal to the alternate base rate plus a margin that varies between 1.00% and 2.25% depending on GCI, LLC’s total leverage ratio. Term Loan A borrowings that are LIBOR loans bear interest at a per annum rate equal to the applicable LIBOR plus a margin that varies between 2.00% and 3.25% depending on GCI, LLC’s total leverage ratio. Principal payments are due quarterly on the Term Loan A equal to 0.25% of the original principal amount, which may step up to 1.25% of the original principal amount of the Term Loan A depending on GCI, LLC’s secured leverage ratio. Each loan may be prepaid at any time and from time to time without penalty other than customary breakage costs. Any amounts prepaid on the revolving credit facility may be reborrowed. The Senior Credit Facility also provides for customary LIBOR replacement provisions. Prior to the amendment, the borrowings under the Senior Credit Facility bore interest at either the alternate base rate or LIBOR (based on an interest period selected by GCI, LLC of one month, two months, three months or six months) at the election of GCI, LLC in each case plus a margin. The revolving credit facility borrowings that were alternate base rate loans bore interest at a per annum rate equal to the alternate base rate plus a margin that varied between 0.50% and 1.75% depending on GCI, LLC’s total leverage ratio. The revolving credit facility borrowings that were LIBOR loans bore interest at a per annum rate equal to the applicable LIBOR plus a margin that varied between 1.50% and 2.75% depending on GCI, LLC’s total leverage ratio. Term Loan B borrowings that were alternate base rate loans bore interest at a per annum rate equal to the alternate base rate plus a margin of 1.75% . Term Loan B borrowings that were LIBOR loans bore interest at a per annum rate equal to the applicable LIBOR plus a margin of 2.75% with a LIBOR floor of 0.75% . GCI, LLC’s First Lien Leverage Ratio (as defined in the Senior Credit Facility) may not exceed 4.00 to 1.00. The terms of the Senior Credit Facility include customary representations and warranties, customary affirmative and negative covenants and customary events of default. At any time after the occurrence of an event of default under the Senior Credit Facility, the lenders may, among other options, declare any amounts outstanding under the Senior Credit Facility immediately due and payable and terminate any commitment to make further loans under the Senior Credit Facility. The obligations under the Senior Credit Facility are secured by a security interest on substantially all of the assets of GCI, LLC and the subsidiary guarantors, as defined in the Senior Credit Facility, and on the stock of GCI Holdings. As of December 31, 2022, there was $247 million outstanding under the Term Loan A, $150 million outstanding under the revolving portion of the Senior Credit Facility and $3 million in letters of credit under the Senior Credit Facility, leaving $397 million available for borrowing. Wells Fargo Note Payable In connection with the closing of the Combination on December 18, 2020, the Company assumed GCI Holdings’ outstanding $6 million under its Wells Fargo Note Payable (as defined below). Outstanding borrowings on the Wells Fargo Note Payable were $5 million and $6 million as of December 31, 2022 and December 31, 2021, respectively. GCI Holdings issued a note to Wells Fargo that matures on July 15, 2029 and is payable in monthly installments of principal and interest (the "Wells Fargo Note Payable"). The interest rate is variable at one month LIBOR plus 2.25%. The note also provides for customary LIBOR replacement provisions. The note is subject to similar affirmative and negative covenants as the Senior Credit Facility. The obligations under the note are secured by a security interest and lien on the building purchased with the note. Debt Covenants GCI, LLC is subject to covenants and restrictions under its Senior Notes and Senior Credit Facility. The Company and GCI, LLC are in compliance with all debt maintenance covenants as of December 31, 2022. Five Year Maturities ​ ​ ​ ​ ​ 2023 ​ $ 3 2024 $ 1,403 2025 $ 3 2026 $ 153 2027 $ 238 ​ Fair Value of Debt The fair value of the Senior Notes was $506 million at December 31, 2022 (Level 1). Due to the variable rate nature of the Margin Loan, Senior Credit Facility and Wells Fargo Note Payable, the Company believes that the carrying amount approximates fair value at December 31, 2022.

Leases

Leases	12 Months Ended
	Dec. 31, 2022
Leases
Leases	(9) Leases In 2016 and 2017, GCI Holdings sold certain tower sites and entered into a master lease agreement in which it leased back space on those tower sites. At the time, GCI Holdings determined that it was precluded from applying sales-leaseback accounting. We also considered whether the Combination resulted in a completed sale-leaseback transaction and concluded that the transaction did not meet the criteria and should continue to be accounted for in the same manner as previously determined. GCI Holdings has entered into finance lease agreements with satellite providers for transponder capacity to transmit voice and data traffic in rural Alaska. GCI Holdings is also party to finance lease agreements for an office building and certain retail store locations. GCI Holdings also leases office space, land for towers and communication facilities, satellite transponders, fiber capacity, and equipment. These leases are classified as operating leases. Operating lease right-of-use (“ROU”) assets and operating lease liabilities are recognized based on the present value of the future lease payments using our incremental borrowing rate at the commencement date of the lease. The Company has leases with remaining lease terms that range from less than one year up to 28 years. Certain of the Company’s leases may include an option to extend the term of the lease with such options to extend ranging from 3 years up to 36 years. The Company also has the option to terminate certain of its leases early with such options to terminate ranging from as early as 30 days up to 15 years from December 31, 2022. The components of lease cost during the years ended December 31, 2022 2021 and 2020 were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ amounts in millions ​ Operating lease cost (1) ​ $ 59 ​ 60 ​ 3 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Finance lease cost ​ ​ ​ ​ ​ ​ Depreciation of leased assets ​ $ 1 ​ 1 ​ 1 ​ Total finance lease cost ​ $ 1 ​ 1 ​ 1 ​ (1) Included within operating lease costs were short-term lease costs and variable lease costs, which were not material to the consolidated financial statements. The remaining weighted-average lease term and the weighted-average discount rate were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ ​ ​ 2022 ​ ​ 2021 ​ 2020 ​ ​ Weighted-average remaining lease term (years): ​ ​ ​ ​ ​ ​ ​ ​ Finance leases 3.5 ​ ​ 4.5 ​ ​ 3.1 ​ ​ Operating leases 3.9 ​ ​ 4.2 ​ ​ 4.8 ​ ​ Weighted-average discount rate: ​ ​ ​ ​ ​ ​ ​ ​ Finance leases 4.3 % ​ 4.3 % ​ 3.9 % ​ Operating leases 6.0 % ​ 4.0 % ​ 4.2 % ​ ​ Supplemental balance sheet information related to leases was as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ 2022 2021 ​ ​ ​ amounts in millions ​ Operating leases: ​ ​ ​ ​ Operating lease ROU assets, net (1) ​ $ 114 ​ 154 ​ ​ ​ ​ ​ ​ ​ ​ Current operating lease liabilities (2) ​ $ 45 ​ 50 ​ Operating lease liabilities (3) ​ 65 ​ 102 ​ Total operating lease liabilities ​ $ 110 ​ 152 ​ ​ ​ ​ ​ ​ ​ ​ Finance Leases: ​ ​ ​ ​ Property and equipment, at cost ​ $ 4 ​ 4 ​ Accumulated depreciation ​ (1) ​ (1) ​ Property and equipment, net ​ $ 3 ​ 3 ​ ​ ​ ​ ​ ​ ​ ​ Current obligations under finance leases (4) ​ $ 1 ​ 1 ​ Obligations under finance leases ​ 2 ​ 2 ​ Total finance lease liabilities ​ $ 3 ​ 3 ​ (1) Operating lease ROU assets, net are included within the Other assets, net line item in the accompanying consolidated balance sheets. (2) Current operating lease liabilities are included within the Other current liabilities line item in the accompanying consolidated balance sheets. (3) Operating lease liabilities are included within the Other liabilities line item in the accompanying consolidated balance sheets. (4) Current obligations under finance leases are included within the Other current liabilities line item in the accompanying consolidated balance sheets. ​ Supplemental cash flow information related to leases was as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ ​ 2022 2021 ​ 2020 ​ ​ amounts in millions ​ Cash paid for amounts included in the measurement of lease liabilities: ​ ​ ​ ​ ​ ​ Operating cash outflows from operating leases ​ $ 57 ​ 55 ​ 3 ​ Financing cash outflows from finance leases ​ $ 1 ​ 2 ​ — ​ ROU assets obtained in exchange for lease obligations ​ ​ ​ ​ ​ Operating leases ​ $ 11 ​ 108 ​ — ​ ​ Future lease payments under finance leases, operating leases and tower obligations with initial terms of one year or more at December 31, 2022 consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Finance Leases ​ Operating Leases ​ Tower Obligations ​ ​ amounts in millions 2023 ​ $ 1 47 8 2024 ​ 1 44 8 2025 ​ 1 9 8 2026 ​ — 7 8 2027 ​ — 4 8 Thereafter ​ — 14 100 Total payments ​ 3 125 140 Less: imputed interest ​ — 15 54 Total liabilities ​ $ 3 110 86 ​

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2022
Income Taxes
Income Taxes	(10) Income Taxes Income tax benefit (expense) consists of: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ amounts in millions Current: ​ ​ ​ ​ ​ ​ ​ ​ Federal ​ $ (222) (233) — ​ State and local ​ (1) — — ​ ​ ​ (223) (233) — ​ Deferred: ​ ​ ​ ​ ​ ​ ​ ​ Federal ​ (51) 4 (116) ​ State and local ​ (3) 11 153 ​ ​ ​ (54) 15 37 ​ Income tax benefit (expense) ​ $ (277) (218) 37 ​ ​ ​ Income tax benefit (expense) differs from the amounts computed by applying the applicable U.S. federal income tax rate of 21% as a result of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ amounts in millions Computed expected tax benefit (expense) ​ $ (322) ​ (200) ​ (76) ​ State and local taxes, net of federal income taxes ​ (4) (8) (12) ​ Nontaxable equity contribution ​ 41 2 (1) ​ Change in valuation allowance ​ 1 4 (3) ​ Sale of consolidated subsidiary ​ 15 — — ​ Change in tax rate - other ​ — 14 133 ​ Executive compensation ​ ​ (7) ​ (14) ​ (1) ​ Litigation settlement ​ ​ — ​ (22) ​ — ​ Other ​ (1) 6 (3) ​ Income tax (expense) benefit ​ $ (277) (218) 37 ​ ​ For the year ended December 31, 2022, the significant reconciling items, as noted in the table above, are primarily due to the nontaxable decrease in the fair value of the indemnification obligation owed to Qurate Retail and tax benefits from the sale of stock of a subsidiary. For the year ended December 31, 2021, the significant reconciling items, as noted in the table above, are primarily due to a non-deductible litigation settlement and non-deductible executive compensation, partially offset by tax benefits from a change in effective tax rate used to measure deferred taxes on certain Charter shares. For the year ended December 31, 2020, the significant reconciling item, as noted in the table above, is primarily the result of a change in the effective state tax rate used to measure deferred taxes due to the Combination. The tax effects of temporary differences and tax attributes that give rise to significant portions of the deferred income tax assets and deferred income tax liabilities are presented below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ 2022 ​ 2021 ​ ​ amounts in millions Deferred tax assets: ​ ​ Tax loss and tax credit carryforwards ​ $ 32 96 ​ Accrued stock-based compensation ​ 16 14 ​ Deferred revenue ​ 20 13 ​ Debt ​ ​ — ​ 6 ​ Operating lease liabilities ​ ​ 31 ​ 42 ​ Other accrued liabilities ​ ​ 28 ​ 15 ​ Other future deductible amounts ​ 41 42 ​ Total deferred tax assets ​ 168 228 ​ Less: valuation allowance ​ (1) (7) ​ Net deferred tax assets ​ 167 221 ​ Deferred tax liabilities: ​ ​ ​ ​ ​ ​ Investments ​ (1,688) (1,677) ​ Fixed assets ​ ​ (201) ​ (206) ​ Intangible assets ​ ​ (276) ​ (293) ​ Debt ​ ​ (10) ​ — ​ Operating lease ROU assets ​ (32) (43) ​ Total deferred tax liabilities ​ (2,207) (2,219) ​ Net deferred tax asset (liability) ​ $ (2,040) (1,998) ​ ​ The Company’s valuation allowance decreased $6 million in 2022, of which $1 million affected tax expense and $5 million affected equity. At December 31, 2022, Liberty Broadband had deferred tax assets of $32 million for federal and state net operating losses, interest expense carryforwards and tax credit carryforwards. Of the $32 million, $14 million are carryforwards with no expiration. The remaining carryforwards expire at certain future dates. These carryforwards are expected to be utilized prior to expiration, except for $1 million which based on current projections, may expire unused and accordingly are subject to a valuation allowance. The carryforwards that are expected to be utilized begin to expire in 2028. As of December 31, 2022, the Company had not recorded tax reserves related to unrecognized tax benefits for uncertain tax positions.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2022
Stockholders' Equity
Stockholders' Equity	(11) Stockholders' Equity Preferred Stock Liberty Broadband's preferred stock is issuable, from time to time, with such designations, preferences and relative participating, optional or other rights, qualifications, limitations or restrictions thereof, as shall be stated and expressed in a resolution or resolutions providing for the issue of such preferred stock adopted by Liberty Broadband's board of directors. Liberty Broadband Preferred Stock was issued as a result of the Combination on December 18, 2020. Each share of GCI Liberty Preferred Stock outstanding immediately prior to the closing of the Combination was converted into one share of newly issued Liberty Broadband Preferred Stock. The Company is required to redeem all outstanding shares of Liberty Broadband Preferred Stock out of funds legally available, at the liquidation price plus all unpaid dividends (whether or not declared) accrued from the most recent dividend payment date through the redemption date, on the first business day following March 8, 2039. There were 7,300,000 shares of Liberty Broadband Preferred Stock authorized and 7,183,812 shares issued and outstanding one The liquidation price is measured per share and shall mean the sum of (i) $25, plus (ii) an amount equal to all unpaid dividends (whether or not declared) accrued with respect to such share have been added to and then remain part of the liquidation price as of such date. The fair value of Liberty Broadband Preferred Stock of $203 million was recorded at the time of the Combination. The fair value of Liberty Broadband Preferred Stock as of December 31, 2022 was $166 million (Level 1). The holders of shares of Liberty Broadband Preferred Stock are entitled to receive, when and as declared by the Liberty Broadband board of directors, out of legally available funds, preferential dividends that accrue and cumulate as provided in the certificate of designations for the Liberty Broadband Preferred Stock. Dividends on each share of Liberty Broadband Preferred Stock accrue on a daily basis at a rate of 7.00% per annum of the liquidation price. Accrued dividends are payable quarterly on each dividend payment date, which is January 15, April 15, July 15, and October 15 of each year, commencing January 15, 2021. If Liberty Broadband fails to pay cash dividends on the Liberty Broadband Preferred Stock in full for any four consecutive or non-consecutive dividend periods then the dividend rate shall increase by 2.00% per annum of the liquidation price until cured. On December 13, 2022, the Company announced that its board of directors had declared a quarterly cash dividend of approximately $0.44 per share of Liberty Broadband Preferred Stock which was paid on January 17, 2023 to shareholders of record of the Liberty Broadband Preferred Stock at the close of business on December 31, 2022. Common Stock Liberty Broadband's Series A common stock has one vote per share, Liberty Broadband's Series B common stock has ten votes per share and Liberty Broadband’s Series C common stock has no votes per share (except as otherwise required by applicable law). Each share of the Series B common stock is exchangeable at the option of the holder for one share of Series A common stock. All series of our common stock participate on an equal basis with respect to dividends and distributions. As of December 31, 2022, Liberty Broadband reserved 4 million shares of Series B and Series C common stock for issuance under exercise privileges of outstanding stock Awards. Purchases of Common Stock Series During the year ended December 31, 2022, the Company repurchased 24.2 million shares of Liberty Broadband Series A and Series C common stock for aggregate cash consideration of $2.9 billion. There were no repurchases of Series B common stock during the year ended December 31, 2022. All of the foregoing shares obtained have been retired and returned to the status of authorized and available for issuance. As of December 31, 2022, the Company had approximately $2.0 billion available to be used for share repurchases under the Company’s share repurchase program. Exchange Agreement with Chairman On June 13, 2022, Liberty Broadband entered into an Exchange Agreement with its Chairman of the board of directors, John C. Malone, and a revocable trust of which Mr. Malone is the sole trustee and beneficiary (the “JM Trust”) (the “Exchange Agreement”), whereby, among other things, Mr. Malone agreed to an arrangement under which his aggregate voting power in the Company would not exceed 49% (the “Target Voting Power”) plus 0.5% (under certain circumstances). The Exchange Agreement provides for exchanges by the Company and Mr. Malone or the JM Trust of shares of Liberty Broadband Series B common stock for shares of Liberty Broadband Series C common stock in connection with certain events, including (i) any event that would result in a reduction in the outstanding votes that may be cast by holders of the Company’s voting securities or an increase of Mr. Malone’s beneficially-owned voting power in the Company (an “Accretive Event”), in each case, such that Mr. Malone’s voting power in the Company would exceed the Target Voting Power plus 0.5%; or (ii) from and after the occurrence of any Accretive Event, in connection with any event that would result in an increase in the outstanding votes that may be cast by holders of the Company’s voting securities or a decrease of Mr. Malone’s beneficially-owned voting power in the Company (a “Dilutive Event”), in each case, such that Mr. Malone’s voting power in the Company falls below the Target Voting Power less 0.5%. Additionally, the Exchange Agreement contains certain provisions with respect to fundamental events at the Company, meaning any combination, consolidation, merger, exchange offer, split-off, spin-off, rights offering or dividend, in each case, as a result of which holders of Liberty Broadband Series B common stock are entitled to receive securities of the Company, securities of another person, property or cash, or a combination thereof. In connection with an Accretive Event, Mr. Malone or the JM Trust will be required to exchange with the Company shares of Liberty Broadband Series B common stock (as exchanged, the “Exchanged Series B Shares”) for an equal number of shares of Liberty Broadband Series C common stock (as exchanged, the “Exchanged Series C Shares”) so as to maintain Mr. Malone’s voting power as close as possible to, without exceeding, the Target Voting Power, on the terms and subject to the conditions of the Exchange Agreement. In connection with a Dilutive Event, Mr. Malone and the JM Trust may exchange the Exchanged Series C Shares with the Company for an equal number of shares of Liberty Broadband Series B common stock equal to the lesser of (i) the number of shares of Liberty Broadband Series B common stock which would maintain Mr. Malone’s voting power as close as possible to, without exceeding, the Target Voting Power and (ii) the number of Exchanged Series B Shares at such time, on the terms and subject to the conditions of the Exchange Agreement. Under the Exchange Agreement, the JM Trust exchanged 215,647 shares of Liberty Broadband Series B common stock for the same number of Liberty Broadband Series C common stock on June 13, 2022, and exchanged 211,255 shares of Liberty Broadband Series B common stock for the same number of Liberty Broadband Series C common stock on July 19, 2022. Additionally, subsequent to December 31, 2022, the JM Trust exchanged 54,247 shares of Liberty Broadband Series B common stock for the same number of Liberty Broadband Series C common stock on January 23, 2023.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2022
Stock-Based Compensation
Stock-Based Compensation	(12) Stock-Based Compensation Included in Selling, general and administrative expenses in the accompanying consolidated statements of operations are $37 million, $41 million and $9 million of stock-based compensation during the years ended December 31, 2022, 2021 and 2020, respectively. Liberty Broadband - Incentive Plans Liberty Broadband grants, to certain of its directors, employees and employees of its subsidiaries, restricted stock units (“RSUs”) and stock options to purchase shares of its common stock (collectively, "Awards"). The Company measures the cost of employee services received in exchange for an equity classified Award (such as stock options and restricted stock) based on the grant-date fair value (“GDFV”) of the Award, and recognizes that cost over the period during which the employee is required to provide service (usually the vesting period of the Award). The Company measures the cost of employee services received in exchange for a liability classified Award based on the current fair value of the Award, and re-measures the fair value of the Award at each reporting date. Pursuant to the Liberty Broadband 2019 Omnibus Incentive Plan, as amended, the Company may grant Awards to be made in respect of a maximum of 6.0 million shares of Liberty Broadband common stock. In addition, and in connection with the Combination at the close of business on December 18, 2020 (the “Effective Date”), the number of shares of common stock of GCI Liberty that remained available for issuance immediately prior to the Effective Date of the Combination under the GCI Liberty, Inc. 2018 Omnibus Incentive Plan (“GCI Liberty 2018 Plan”), as amended, were converted to 3.7 million shares of Liberty Broadband common stock and are available for use provided that: i. the period during which such shares are available for Awards is not extended beyond the period during which they would have been available under the GCI Liberty 2018 Plan, absent the Combination, and ​ ii. such Awards are not granted to individuals who were employed by the Company or its subsidiaries immediately prior to the Effective Date. Awards generally vest over 1-5 years and have a term of 7-10 years. Liberty Broadband issues new shares upon exercise of equity awards. Liberty Broadband – Grants During the years ended December 31, 2022, 2021 and 2020, Liberty Broadband granted 136 thousand, 167 thousand and 389 thousand options, respectively, to purchase shares of Series C Liberty Broadband common stock (“LBRDK”) to our CEO. Such options had a weighted average GDFV of $39.10, $40.05 and $38.23 per share, respectively, at the time they were granted and vested or will vest, as applicable, on December 30, 2022, December 31, 2021 and December 31, 2020, respectively, except that the 2020 grants included one upfront option grant related to the CEO’s employment agreement that vests on December 31, 2024. See discussion in note 1 regarding the compensation agreement with the Company’s CEO. During the year ended December 31, 2020, Liberty Broadband granted 2 thousand time-based RSUs of LBRDK to our CEO. The RSUs had a GDFV of $120.71 per share and cliff vested on December 10, 2020. This RSU grant was issued in lieu of our CEO receiving 50% of his remaining base salary for the last three quarters of calendar year 2020, and he waived his right to receive the other 50%, in each case, in light of the ongoing financial impact of COVID-19. During the years ended December 31, 2022, 2021 and 2020, Liberty Broadband granted to its employees 11 thousand, 30 thousand and 151 thousand options, respectively, to purchase shares of LBRDK. Such options had a weighted average GDFV of $30.43, $40.61 and $41.06 per share, respectively, and vest between t wo During the years ended December 31, 2022, 2021 and 2020, Liberty Broadband granted 24 thousand, 26 thousand and 15 thousand options, respectively, to purchase shares of LBRDK to its non-employee directors with a weighted average GDFV of $30.43, $41.71 and $37.78 per share, respectively, which mainly cliff vest over a one year vesting period. During the years ended December 31, 2022, 2021 and 2020, Liberty Broadband granted 227 thousand, 79 thousand and 17 thousand time-based and performance-based RSUs, respectively, of LBRDK to its employees, employees of subsidiaries and non-employee directors. The RSUs had a weighted average GDFV of $120.70, $153.34 and $115.62 per share, respectively. The time-based RSUs generally vest between one There were no options to purchase shares of Series A Liberty Broadband common stock (“LBRDA”) or Series B Liberty Broadband common stock (“LBRDB”) granted during 2022, 2021 and 2020. The Company has calculated the GDFV for all of its equity classified awards and any subsequent re-measurement of its liability classified awards using the Black-Scholes Model. The Company estimates the expected term of the Awards based on historical exercise and forfeiture data. For grants made in 2022, 2021 and 2020, the range of expected terms was 5.1 to 5.3 years. The volatility used in the calculation for Awards is based on the historical volatility of Liberty Broadband common stock. For grants made in 2022, 2021 and 2020, the range of volatilities was 25.1% to 29.7%. The Company uses a zero dividend rate and the risk-free rate for Treasury Bonds with a term similar to that of the subject option. In connection with the Combination, on the Effective Date: i. Each outstanding stock option to purchase shares of Series A GCI Liberty common stock (“GLIBA”) or Series B GCI Liberty common stock (“GLIBB” and, together with GLIBA, “GLIBA/B”) was converted to 0.58 of a corresponding stock option to purchase LBRDK or LBRDB (together, “LBRDK/B”), respectively, rounded down to the nearest whole share. Additionally, the exercise price of the GLIBA/B stock option was divided by 0.58 , with the resulting LBRDK/B exercise price rounded up to the nearest cent. Except as described above, all other terms and restrictions of the LBRDK/B stock options are the same as the corresponding original GLIBA/B stock options. ​ ii. Each outstanding GLIBA RSU was converted to 0.58 of a corresponding LBRDK RSU, rounded down to the nearest whole LBRDK RSU. No cash was paid in lieu of fractional LBRDK RSUs. All terms of the LBRDK RSUs are subject to the same terms and restrictions as those applicable to the corresponding original GLIBA RSUs. ​ iii. Each outstanding GLIBA share of restricted stock (“RSA”) was converted to 0.58 of a corresponding LBRDK RSA, rounded down to the nearest whole LBRDK RSA. Cash was issued in lieu of fractional LBRDK RSAs. All terms of the LBRDK RSAs are subject to the same terms and restrictions as those applicable to the corresponding original GLIBA RSAs. ​ iv. Each outstanding GCI Liberty Series A Cumulative Redeemable Preferred Stock (“GLIBP”) RSA was converted into one Liberty Broadband Series A Cumulative Redeemable Preferred Stock (“LBRDP”) RSA. All terms of the LBRDP RSAs are subject to the same terms and restrictions as those applicable to the corresponding original GLIBP RSAs. Liberty Broadband – Outstanding Awards The following table presents the number and weighted average exercise price (“WAEP”) of options to purchase Liberty Broadband common stock granted to certain officers, employees and directors of the Company, as well as the weighted average remaining life and aggregate intrinsic value of the options. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ ​ ​ ​ ​ average ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ remaining ​ Aggregate ​ ​ ​ ​ ​ ​ ​ contractual ​ intrinsic ​ ​ Series C ​ WAEP ​ life ​ value ​ ​ (in thousands) ​ ​ ​ ​ (in years) ​ (in millions) Outstanding at January 1, 2022 3,483 ​ $ 96.61 ​ ​ ​ ​ ​ Granted 172 ​ $ 128.15 ​ ​ ​ ​ ​ Exercised (53) ​ $ 62.51 ​ ​ ​ ​ ​ Forfeited/Cancelled — ​ $ — ​ ​ ​ ​ ​ ​ Outstanding at December 31, 2022 3,602 ​ $ 98.62 3.4 ​ $ 43 ​ Exercisable at December 31, 2022 2,412 ​ $ 76.78 2.8 ​ $ 43 ​ ​ As of December 31, 2022, there were no outstanding LBRDA options to purchase shares of LBRDA common stock. During the years ended December 31, 2022 and 2021, our CEO exercised 37 thousand and 370 thousand LBRDB options at an exercise price of $97.21 per share for each exercise. Immediately following these exercises, the resulting LBRDB shares were exchanged for the same number of LBRDK shares pursuant to the terms of a stipulation and order where Mr. Maffei agreed to exchange LBRDB shares for LBRDK shares following the exercise of certain stock options. As of December 31, 2022, Liberty Broadband had 315 thousand LBRDB options outstanding and exercisable at a WAEP of $96.25, a weighted average remaining contractual life of 1.4 years and aggregate intrinsic value of zero. As of December 31, 2022, the total unrecognized compensation cost related to unvested Liberty Broadband Awards was approximately $41 million. Such amount will be recognized in the Company’s consolidated statements of operations over a weighted average period of approximately 1.1 years. As of December 31, 2022, Liberty Broadband reserved approximately 4 million shares of Series B and Series C common stock for issuance under exercise privileges of outstanding stock options. Liberty Broadband – Exercises The aggregate intrinsic value of all options exercised during the years ended December 31, 2022, 2021 and 2020 was $3 million, $27 million and $1 million, respectively. Liberty Broadband – Restricted Stock and Restricted Stock Units The aggregate fair value of all LBRDA, LBRDK and LBRDP RSAs and RSUs that vested during the years ended December 31, 2022, 2021 and 2020 was $18 million, $28 million and $5 million, respectively. As of December 31, 2022, the Company had approximately 306 thousand unvested RSAs and RSUs of LBRDA and LBRDK held by certain directors, officers and employees of the Company with a weighted average GDFV of $130.71 per share.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2022
Employee Benefit Plans
Employee Benefit Plans	(13) Employee Benefit Plans Subsidiaries of the Company sponsor 401(k) plans, which provide their employees an opportunity to make contributions to a trust for investment. The Company’s subsidiaries make matching contributions to their plans based on a percentage of the amount contributed by employees. Employer cash contributions to all plans aggregated $12 million, $12 million and $1 million for the years ended December 31, 2022, 2021 and 2020, respectively.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies
Commitments and Contingencies	(14) Commitments and Contingencies Guaranteed Service Levels Certain customers have guaranteed levels of service with varying terms. In the event the Company is unable to provide the minimum service levels, it may incur penalties or issue credits to customers. Charter and Liberty Broadband - Delaware Litigation In August 2015, a purported stockholder of Charter, Matthew Sciabacucchi, filed a lawsuit in the Delaware Court of Chancery, on behalf of a putative class of Charter stockholders, challenging the transactions involving Charter, Time Warner Cable Inc., Advance/Newhouse Partnership, and Liberty Broadband announced by Charter on May 26, 2015. The lawsuit, which named as defendants Liberty Broadband, Charter and the board of directors of Charter, alleged that the transactions resulted from breaches of fiduciary duty by Charter’s directors and that Liberty Broadband improperly benefited from the challenged transactions at the expense of other Charter stockholders. In January 2023, and in advance of the expenditure of significant time and costs, the parties reached a tentative agreement to settle the lawsuit. The settlement is subject to preliminary and final approval by the court and will result in a net payment to Charter as a result of the settlement of the derivative claims by the plaintiffs. Liberty Broadband expects to pay approximately $38 million to Charter as a result of the tentative settlement, which has been accrued as a current liability in the consolidated balance sheet and recorded as a litigation settlement expense within operating income in the consolidated statements of operations. There can be no assurance that this tentative settlement will be finalized and approved by the court. Pending finalization of the settlement and in the event the settlement is not finalized and approved by the court, Charter and Liberty Broadband will continue to vigorously defend this lawsuit. General Litigation The Company has contingent liabilities related to legal and tax proceedings and other matters arising in the ordinary course of business. Although it is reasonably possible the Company may incur losses upon conclusion of such matters, an estimate of any loss or range of loss cannot be made. In the opinion of management, it is expected that amounts, if any, which may be required to satisfy such contingencies will not be material in relation to the accompanying consolidated financial statements. Hollywood Firefighters’ Pension Fund, et al. v. GCI Liberty, Inc., et al. Hollywood Firefighters’ Pension Fund, et al. v. GCI Liberty, Inc., et al. The complaint sought certification of a class action, declarations that Messrs. Maffei and Malone and the other directors of GCI Liberty breached their fiduciary duties and the recovery of damages and other relief. On December 23, 2020, the plaintiffs filed a Second Amended Complaint, which, among other things, included a new count of breach of fiduciary duty against Mr. Maffei and Mr. Gregg Engles, the other former member of the GCI Liberty special committee, and new allegations that the price of GCI Liberty was depressed as a result of statements and omissions by Mr. Maffei in November of 2019. During the first quarter of 2021, the parties were conducting discovery with the trial scheduled for November 2021. We believed the lawsuit was without merit. During March 2021 and in advance of the expenditure of significant time and costs to conduct the depositions proposed to have been taken in this action, the parties began negotiations with the class of plaintiffs for a potential settlement of this action. On May 5, 2021, the plaintiffs (on behalf of themselves and other members of a proposed settlement class) and defendants entered into an agreement in principle to settle the litigation pursuant to which the parties agreed that the plaintiffs will dismiss their claims with prejudice, with customary releases, in return for a settlement payment of $110 million to be paid by Merger LLC (as successor by merger to GCI, Liberty, Inc.) and/or insurers for the defendants and for GCI Liberty, which was recorded as a litigation settlement expense within operating income in the consolidated statements of operations. During the second half of the year, the Company made a payment of $110 million in accordance with the settlement agreement. On June 17, 2021, the parties filed a Stipulation and Agreement of Settlement, Compromise, and Release. On June 30, 2021, the Court preliminarily certified, solely for purposes of effectuating the proposed settlement, the action as a non-opt out class action on behalf of a settlement class consisting of all holders of GCI Liberty Series A common stock as of December 18, 2020. The Court set a settlement hearing for October 5, 2021, to determine whether to permanently certify the class, whether the proposed settlement is fair, reasonable, and adequate to the settlement class, and whether to enter a judgment dismissing the action with prejudice, among other things. On October 18, 2021, subsequent to that hearing, the Court issued a final order permanently certifying the Class and approving the settlement. The Court also awarded Plaintiffs’ Counsel $22 million in attorneys’ fees, which shall be paid out of the settlement fund. Plaintiffs also requested that the Court issue an additional fee award, which Defendant opposed, not to be paid out of the settlement fund, in connection with a certain claim that was mooted earlier in the case (a “mootness fee”). On November 8, 2021, the Court awarded Plaintiffs’ Counsel a $9 million mootness fee, which Defendant subsequently paid and recorded as a litigation settlement expense within operating income in the consolidated statements of operations. In addition, during the third quarter of 2021, the Company agreed to final settlement amounts with all five of its insurance carriers for insurance recoveries of approximately $24 million, which is recorded net of the litigation settlement expense on the consolidated statement of operations. Rural Health Care (“RHC”) Program FCC Rate Reduction. On October 20, 2020, the Bureau issued two separate letters approving the cost-based rural rates GCI Holdings historically applied when recognizing revenue for services provided to its RHC customers for the funding years that ended on June 30, 2019 and June 30, 2020. GCI Holdings collected approximately $175 million in accounts receivable relating to these two funding years during the year ended December 31, 2021. GCI Holdings also filed an Application for Review of these determinations. Subsequently, GCI identified rates for similar services provided by a competitor that would justify higher rates for certain GCI satellite services in the funding years that ended on June 30, 2018, June 30, 2019, and June 30, 2020. GCI submitted that information to the Bureau on September 7, 2021. The Applications for Review remain pending. On June 25, 2020, GCI Holdings submitted cost studies with respect to a number of its rates for services provided to its RHC customers for the funding year ended June 30, 2021, which require approval by the Bureau. GCI Holdings further updated those studies on November 12, 2020, to reflect the completion of the bidding season for that funding year. On May 24, 2021, the FCC approved the cost studies submitted by GCI Holdings for the funding year ended June 30, 2021. Subsequently, on August 16, 2021, GCI submitted a request for approval of rates for 17 additional sites, 13 of which the FCC approved on December 22, 2022. The rest remain pending. RHC Program Funding Cap. Enforcement Bureau and Related Inquiries. On May 28, 2020, GCI Holdings received a second letter of inquiry from the Enforcement Bureau in the same matter noted above. This second letter, which was in response to a voluntary disclosure made by GCI Holdings to the FCC, extended the scope of the original inquiry to also include various questions regarding compliance with the records retention requirements related to the (i) original inquiry and (ii) RHC Program. On December 17, 2020, GCI Holdings received a Subpoena Duces Tecum from the FCC’s Office of the Inspector General requiring production of documents from January 1, 2009 to the present related to a single RHC customer and related contracts, information regarding GCI Holdings’ determination of rural rates for a single customer, and to provide information regarding persons with knowledge of pricing practices generally. On April 21, 2021, representatives of the Department of Justice (“DOJ”) informed GCI Holdings that a qui tam action has been filed in the Western District of Washington arising from the subject matter under review by the Enforcement Bureau. The DOJ is investigating whether GCI Holdings submitted false claims and/or statements in connection with GCI’s participation in the FCC’s RHC Program. On July 14, 2021, the DOJ issued a Civil Investigative Demand with regard to the qui tam action. The FCC’s Enforcement Bureau and GCI Holdings held discussions regarding GCI Holdings potential RHC Program compliance issues related to certain of its contracts with its RHC customers for which GCI Holdings had previously recognized an estimated liability for a probable loss of approximately $12 million in 2019 for contracts that were deemed probable of not complying with the RHC Program rules. During the year ended December 31, 2022, GCI Holdings recorded an additional estimated settlement expense of $15 million relating to a settlement offer made by GCI Holdings resulting in a total estimated liability of $27 million. GCI Holdings also identified certain contracts where additional loss was reasonably possible and such loss could range from zero to $30 million, which is a reduction of the reasonably possible loss range as previously disclosed in our December 31, 2021 Form 10-K given the settlement offer made during 2022. An accrual was not made for the amount of the reasonably possible loss in accordance with the applicable accounting guidance. GCI Holdings could also be assessed fines and penalties but such amounts could not be reasonably estimated. The DOJ and GCI Holdings held discussions regarding the qui tam action whereby the DOJ clarified that its investigation relates to the years from 2010 through 2019 and alleged that GCI Holdings had submitted false claims under the RHC Program during this time period. GCI Holdings continues to work with the DOJ related to this matter and has recorded a $14 million estimated settlement expense during the year ended December 31, 2022 to reflect discussions and settlement offers that GCI Holdings made to the DOJ during 2022. However, the Company is unable to assess the ultimate outcome of this action and is unable to reasonably estimate any range of additional possible loss beyond the $14 million estimated settlement liability, including any type of fine or penalty that may ultimately be assessed as permitted under the applicable law. Separately, during the third quarter of 2022, GCI Holdings became aware of possible RHC Program compliance issues relating to potential conflicts of interest identified in the historical competitive bidding process with respect to certain of its contracts with its RHC customers. GCI Holdings notified the FCC’s Enforcement Bureau of the potential compliance issues; however, the Company is unable to assess the ultimate outcome of the potential compliance issues and is unable to reasonably estimate any range of loss or possible loss. Off-Balance Sheet Arrangements Liberty Broadband did not have any off-balance sheet arrangements, except for those matters discussed above, that have, or are reasonably likely to have, a current or future effect on the Company’s financial condition, results of operations, liquidity, capital expenditures or capital resources.

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2022
Segment Information
Segment Information	(15) Segment Information Liberty Broadband identifies its reportable segments as (A) those consolidated companies that represent 10% or more of its consolidated annual revenue, annual Adjusted OIBDA or total assets and (B) those equity method affiliates whose share of earnings or losses represent 10% or more of Liberty Broadband’s annual pre-tax earnings (losses). Liberty Broadband evaluates performance and makes decisions about allocating resources to its operating segments based on financial measures such as revenue and Adjusted OIBDA. In addition, Liberty Broadband reviews nonfinancial measures such as subscriber growth. For segment reporting purposes, Liberty Broadband defines Adjusted OIBDA as revenue less operating expenses and selling, general and administrative expenses (excluding stock-based compensation and transaction costs). Liberty Broadband believes this measure is an important indicator of the operational strength and performance of its businesses by identifying those items that are not directly a reflection of each business’ performance or indicative of ongoing business trends. In addition, this measure allows management to view operating results and perform analytical comparisons and benchmarking between businesses and identify strategies to improve performance. This measure of performance excludes depreciation and amortization, stock based compensation, transaction costs, separately reported litigation settlements and restructuring and impairment charges that are included in the measurement of operating income pursuant to GAAP. Accordingly, Adjusted OIBDA should be considered in addition to, but not as a substitute for, operating income, net earnings, cash flow provided by operating activities and other measures of financial performance prepared in accordance with GAAP. Liberty Broadband generally accounts for intersegment sales and transfers as if the sales or transfers were to third parties, that is, at current prices. For the year ended December 31, 2022, Liberty Broadband has identified the following consolidated company and equity method investment as its reportable segments: ● GCI Holdings – a wholly owned subsidiary of the Company that provides a full range of data, wireless, video, voice, and managed services to residential, businesses, governmental entities, and educational and medical institutions primarily in Alaska. ● Charter—an equity method investment that is one of the largest providers of cable services in the United States, offering a variety of entertainment, information and communications solutions to residential and commercial customers. Liberty Broadband’s operating segments are strategic business units that offer different products and services. They are managed separately because each segment requires different technologies, distribution channels and marketing strategies. The accounting policies of the segments that are also consolidated companies are the same as those described in the Company’s summary of significant accounting policies in the Company’s annual financial statements. We have included amounts attributable to Charter in the tables below. Although Liberty Broadband owns less than 100% of the outstanding shares of Charter, 100% of the Charter amounts are included in the schedule below and subsequently eliminated in order to reconcile the account totals to the Liberty Broadband consolidated financial statements. Performance Measures ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ ​ ​ ​ Adjusted ​ ​ ​ Adjusted ​ ​ ​ Adjusted ​ ​ Revenue ​ OIBDA ​ Revenue ​ OIBDA ​ Revenue ​ OIBDA ​ ​ amounts in millions GCI Holdings ​ $ 969 ​ 358 ​ 970 ​ 354 ​ 34 ​ 10 ​ Charter ​ 54,022 21,335 51,682 20,301 48,097 18,460 ​ Corporate and other ​ 6 (31) 18 (49) 17 (24) ​ ​ ​ 54,997 21,662 52,670 20,606 48,148 18,446 ​ Eliminate equity method affiliate ​ (54,022) (21,335) (51,682) (20,301) (48,097) (18,460) ​ Consolidated Liberty Broadband ​ $ 975 327 988 305 51 (14) ​ ​ Other Information ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ December 31, 2021 ​ ​ Total ​ Investments ​ Capital ​ Total ​ Investments ​ Capital ​ ​ assets ​ in affiliates ​ expenditures ​ assets ​ in affiliates ​ expenditures ​ ​ amounts in millions GCI Holdings ​ $ 3,378 ​ — ​ 181 ​ 3,451 ​ — ​ 134 ​ Charter ​ 144,523 — 9,376 142,491 — 7,635 ​ Corporate and other ​ 11,764 11,433 — 13,517 13,261 — ​ ​ ​ 159,665 11,433 9,557 159,459 13,261 7,769 ​ Eliminate equity method affiliate ​ (144,523) — (9,376) (142,491) — (7,635) ​ Consolidated Liberty Broadband ​ $ 15,142 11,433 181 16,968 13,261 134 ​ ​ Revenue by Geographic Area ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ amounts in millions United States $ 975 986 49 ​ Other countries ​ — 2 2 ​ ​ ​ $ 975 988 51 ​ ​ The following table provides a reconciliation of Adjusted OIBDA to Operating income (loss) and earnings (loss) before income taxes: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ amounts in millions Consolidated segment Adjusted OIBDA $ 327 305 (14) ​ Stock-based compensation ​ (37) (41) (9) ​ Depreciation and amortization ​ (262) (267) (15) ​ Litigation settlement, net of recoveries ​ ​ (67) ​ (95) ​ — ​ Transaction costs ​ ​ — ​ — ​ (22) ​ Operating income (loss) ​ ​ (39) ​ (98) ​ (60) ​ Interest expense ​ ​ (133) ​ (117) ​ (28) ​ Share of earnings (loss) of affiliates, net ​ 1,326 1,194 713 ​ Gain (loss) on dilution of investment in affiliate ​ (63) (102) (184) ​ Realized and unrealized gains (losses) on financial instruments, net ​ 334 67 (83) ​ Gain (loss) on dispositions, net ​ ​ 179 ​ 12 ​ — ​ Other, net ​ (70) (6) 3 ​ Earnings (loss) before income taxes ​ $ 1,534 950 361 ​ ​

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2022
Summary of Significant Accounting Policies
Cash and Cash Equivalents	Cash and Cash Equivalents Cash consists of cash deposits held in global financial institutions. Cash equivalents consist of highly liquid investments with original maturities of three months or less at the time of acquisition. Cash that has restrictions upon its usage has been excluded from cash and cash equivalents. Financial instruments, which potentially subject the Company to concentration of credit risk, consist primarily of cash and cash equivalents and corporate debt securities. The Company maintains some cash and cash equivalents balances with financial institutions that are in excess of Federal Deposit Insurance Corporation insurance limits.
Accounts Receivable and Allowance for Credit Losses	Accounts Receivable and Allowance for Credit Losses Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The allowance for credit losses is the Company’s best estimate of the amount of expected credit losses in its existing accounts receivable. The Company bases its estimates on the aging of its accounts receivable balances, financial health of specific customers, regional economic data, changes in its collections process, regulatory requirements and its customers’ compliance with the Federal Communications Commission ("FCC") rules. The Company reviews its allowance for credit losses methodology at least annually. Depending upon the type of account receivable the Company’s allowance is calculated using a pooled basis with an allowance for all accounts greater than 120 days past due, a pooled basis using a percentage of related accounts, or a specific identification method. When a specific identification method is used, potentially uncollectible accounts due to bankruptcy or other issues are reviewed individually for collectability. Write-offs of accounts receivable balances occur when the Company deems the receivables are uncollectible. The Company does not have any off-balance-sheet credit exposure related to its customers. Allowance for credit losses was not material as of December 31, 2020. A summary of activity in the allowance for credit losses for the years ended December 31, 2022 and 2021 is as follows (amounts in millions): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Additions ​ Deductions ​ ​ ​ ​ Balance at ​ Charged to ​ ​ ​ ​ ​ beginning of costs and Write-offs net ​ Balance at ​ year expenses of recoveries ​ end of year 2022 ​ $ 4 ​ 4 ​ (4) 4 2021 ​ $ — ​ 4 ​ — 4 ​
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities All of the Company’s derivatives, whether designated in hedging relationships or not, are recorded on the balance sheet at fair value. None of the Company’s derivatives are currently designated as hedges, as a result, changes in the fair value of the derivative are recognized in earnings. The fair value of certain of the Company’s derivative instruments are estimated using the Black Scholes Merton option-pricing model (“Black-Scholes model”). The Black-Scholes model incorporates a number of variables in determining such fair values, including expected volatility of the underlying security and an appropriate discount rate. The Company obtained volatility rates from pricing services based on the expected volatility of the underlying security over the remaining term of the derivative instrument. A discount rate was obtained at the inception of the derivative instrument and updated each reporting period, based on the Company’s estimate of the discount rate at which it could currently settle the derivative instrument. The Company considered its own credit risk as well as the credit risk of its counterparties in estimating the discount rate. Management judgment was required in estimating the Black-Scholes variables. The Company had no outstanding derivative instruments at December 31, 2022 or December 31, 2021.
Investments in Equity Method Affiliates	Investments in Equity Method Affiliates For those investments in affiliates in which the Company has the ability to exercise significant influence, the equity method of accounting is used. Under this method, the investment, originally recorded at cost, is adjusted to recognize the Company’s share of net earnings or losses of the affiliate as they occur rather than as dividends or other distributions are received. Losses are limited to the extent of the Company’s investment in, advances to and commitments for the equity method investee. The Company determines the difference between the purchase price of the equity method investee and the underlying equity which results in an excess basis in the investment. This excess basis is allocated to the underlying assets and liabilities of the Company’s equity method investee through an acquisition accounting exercise and is allocated within memo accounts used for equity method accounting purposes. Depending on the applicable underlying assets, these amounts are either amortized over the applicable useful lives or determined to be indefinite lived. Changes in the Company’s proportionate share of the underlying equity of an equity method investee, which result from the issuance of additional equity securities by such equity method investee, are recognized in the statement of operations through the gain (loss) on dilution of investment in affiliate line item. We periodically evaluate our equity method investment to determine if decreases in fair value below our cost basis are other than temporary. If a decline in fair value is determined to be other than temporary, we are required to reflect such decline in our consolidated statements of operations. Other than temporary declines in fair value of our equity method investment would be included in share of earnings (losses) of affiliates in our consolidated statements of operations. The primary factors we consider in our determination of whether declines in fair value are other than temporary are the length of time that the fair value of the investment is below our carrying value; the severity of the decline; and the financial condition, operating performance and near term prospects of the equity method investee. In addition, we consider the reason for the decline in fair value, be it general market conditions, industry specific or equity method investee specific; analysts' ratings and estimates of 12 month share price targets for the equity method investee; changes in stock price or valuation subsequent to the balance sheet date; and our intent and ability to hold the investment for a period of time sufficient to allow for a recovery in fair value. As Liberty Broadband does not control the decision making process or business management practices of our affiliates accounted for using the equity method, Liberty Broadband relies on management of its affiliates to provide it with accurate financial information prepared in accordance with GAAP that the Company uses in the application of the equity method. In addition, Liberty Broadband relies on the audit reports that are provided by the affiliates’ independent auditors on the financial statements of such affiliate. The Company is not aware, however, of any errors in or possible misstatements of the financial information provided by its equity affiliates that would have a material effect on Liberty Broadband’s consolidated financial statements. See note 6 for additional discussion regarding our investment in Charter.
Other Investments	Other Investments All marketable equity and debt securities held by the Company are carried at fair value, generally based on quoted market prices and changes in the fair value of such securities are reported in realized and unrealized gain (losses) on financial instruments in the accompanying consolidated statements of operations. The Company elected the measurement alternative (defined as the cost of the security, adjusted for changes in fair value when there are observable prices, less impairments) for its equity securities without readily determinable fair values. The Company performs a qualitative assessment each reporting period for its equity securities without readily determinable fair values to identify whether an equity security could be impaired. When the Company’s qualitative assessment indicates that an impairment could exist, it estimates the fair value of the investment and to the extent the fair value is less than the carrying value, it records the difference as an impairment in the consolidated statements of operations.
Property and Equipment	Property and Equipment Property and equipment is stated at depreciated cost less impairments, if any. Construction costs of facilities are capitalized. Construction in progress represents transmission equipment and support equipment and systems not placed in service on December 31, 2022, that management intends to place in service when the assets are ready for their intended use. Depreciation is computed using the straight-line method based upon the shorter of the estimated useful lives of the assets or the lease term, if applicable. Net property and equipment consists of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ 2022 ​ 2021 ​ ​ amounts in millions Land ​ $ 16 16 Buildings (25 years) ​ ​ 105 ​ 98 Telephony transmission equipment and distribution facilities ( 5 ​ ​ 810 705 Cable transmission equipment and distribution facilities ( 5 ​ 108 94 Support equipment and systems ( 3 ​ 106 97 Fiber optic cable systems ( 15 ​ 73 69 Other ( 2 ​ 52 40 Construction in progress ​ 126 108 ​ ​ 1,396 1,227 Accumulated depreciation ​ (385) (196) Property and equipment, net ​ $ 1,011 1,031 ​ Depreciation of property and equipment under finance leases is included in depreciation and amortization expense in the consolidated statements of operations. Depreciation expense for the years ended December 31, 2022, 2021 and 2020 was $195 million, $192 million and $9 million, respectively. Repairs and maintenance are charged to expense as incurred. Expenditures for major renewals and betterments are capitalized. Accumulated depreciation is removed and gains or losses are recognized at the time of sales or other dispositions of property and equipment. Material interest costs incurred during the construction period of non-software capital projects are capitalized. Interest is capitalized in the period commencing with the first expenditure for a qualifying capital project and ending when the capital project is substantially complete and ready for its intended use. Capitalized interest costs for the years ended December 31, 2022 and 2021 were $4 million and $2 million, respectively, and were not material for the year ended December 31, 2020.
Impairment of LongLived Assets	Impairment of Long-lived Assets The Company periodically reviews the carrying amounts of its property and equipment and its intangible assets (other than goodwill and indefinite-lived intangible assets) to determine whether current events or circumstances indicate that such carrying amounts may not be recoverable. If the carrying amount of the asset group is greater than the expected undiscounted cash flows to be generated by such asset group, including its ultimate disposition, an impairment adjustment is to be recognized. Such adjustment is measured by the amount that the carrying value of such asset groups exceeds its fair value. The Company generally measures fair value by considering sale prices for similar asset groups or by discounting estimated future cash flows using an appropriate discount rate. Considerable management judgment is necessary to estimate the fair value of asset groups. Accordingly, actual results could vary significantly from such estimates. Asset groups to be disposed of are carried at the lower of their financial statement carrying amount or fair value less costs to sell.
Asset Retirement Obligations	Asset Retirement Obligations The Company records the fair value of a liability for an asset retirement obligation in the period in which it is incurred in Other liabilities in the consolidated balance sheets. When the liability is initially recorded, the Company capitalizes a cost by increasing the carrying amount of the related long-lived asset. In periods subsequent to initial measurement, changes in the liability for an asset retirement obligation resulting from revisions to either the timing or the amount of the original estimate of undiscounted cash flows are recognized. Over time, the liability is accreted to its present value each period, and the capitalized cost is depreciated over the useful life of the related asset. Upon settlement of the liability, the Company either settles the obligation for its recorded amount or incurs a gain or loss upon settlement. The majority of the Company’s asset retirement obligations are the estimated cost to remove telephony transmission equipment and support equipment from leased property. The asset retirement obligation is in Other liabilities in the consolidated balance sheets. Following is a reconciliation of the beginning and ending aggregate carrying amounts of the liability for asset retirement obligations (amounts in millions): ​ ​ ​ ​ ​ ​ Balance at December 31, 2020 ​ $ 76 ​ Liability incurred ​ 1 ​ Accretion expense ​ 3 ​ Liability settled ​ (1) ​ Balance at December 31, 2021 ​ ​ 79 ​ Liability incurred ​ ​ — ​ Accretion expense ​ ​ 2 ​ Liability settled ​ ​ — ​ Balance at December 31, 2022 ​ $ 81 ​ ​ Certain of the Company’s network facilities are on property that requires it to have a permit and the permit contains provisions requiring the Company to remove its network facilities in the event the permit is not renewed. The Company expects to continually renew its permits and therefore cannot reasonably estimate any liabilities associated with such agreements. A remote possibility exists that the Company would not be able to successfully renew a permit, which could result in it incurring significant expense in complying with restoration or removal provisions.
Intangible Assets	Intangible Assets Internally used software, whether developed or purchased and installed as is, is capitalized and amortized using the straight-line method over an estimated useful life of three The Company has Software as a Service ("SaaS") arrangements which are accounted for as service agreements, and are not capitalized. Internal and other third party costs for SaaS arrangements are capitalized or expensed in accordance with the internal use software guidance as discussed in the preceding paragraph. Intangible assets with estimable useful lives are amortized over their respective estimated useful lives to their estimated residual values, and reviewed for impairment upon certain triggering events. Intangible assets with estimable useful lives are being amortized over 3 to 16 year periods with a weighted-average life of 13 years. Goodwill, cable certificates (certificates of convenience and public necessity) and other intangible assets with indefinite useful lives are not amortized, but instead are tested for impairment at least annually. Cable certificates represent agreements or authorizations with government entities that allow access to homes in cable service areas, including the future economic benefits of the right to solicit and service potential customers and the right to deploy and market new services to potential customers. Goodwill represents the excess of cost over fair value of net assets acquired in connection with a business acquisition. The Company’s annual impairment assessment of its indefinite-lived intangible assets is performed during the fourth quarter of each year. The accounting guidance allows entities the option to perform a qualitative impairment test for goodwill. The entity may resume performing the quantitative assessment in any subsequent period. In evaluating goodwill on a qualitative basis, the Company reviews the business performance of each reporting unit and evaluates other relevant factors as identified in the relevant accounting guidance to determine whether it was more likely than not that an indicated impairment exists for any of its reporting units. The Company considers whether there are any negative macroeconomic conditions, industry specific conditions, market changes, increased competition, increased costs in doing business, management challenges, the legal environments and how these factors might impact company specific performance in future periods. As part of the analysis the Company also considers fair value determinations for certain reporting units that have been made at various points throughout the current year and prior year for other purposes. If based on the qualitative analysis it is more likely than not that an impairment exists, the Company performs the quantitative impairment test. The quantitative goodwill impairment test compares the estimated fair value of a reporting unit to its carrying value and to the extent the carrying value is greater than the fair value, the difference is recorded as an impairment in the consolidated statements of operations. Developing estimates of fair value requires significant judgments, including making assumptions about appropriate discount rates, perpetual growth rates, relevant comparable market multiples, public trading prices and the amount and timing of expected future cash flows. The cash flows employed in the Company’s valuation analyses are based on management’s best estimates considering current marketplace factors and risks as well as assumptions of growth rates in future years. There is no assurance that actual results in the future will approximate these forecasts. The accounting guidance also permits entities to first perform a qualitative assessment to determine whether it is more likely than not that an indefinite-lived intangible asset, other than goodwill, is impaired. The accounting guidance also allows entities the option to bypass the qualitative assessment for any indefinite-lived intangible asset in any period and proceed directly to the quantitative impairment test. The entity may resume performing the qualitative assessment in any subsequent period. If the qualitative assessment supports that it is more likely than not that the carrying value of the Company’s indefinite-lived intangible assets, other than goodwill, exceeds its fair value, then a quantitative assessment is performed. If the carrying value of an indefinite-lived intangible asset exceeds its fair value, an impairment loss is recognized in an amount equal to that excess.
Revenue Recognition	Revenue Recognition GCI Holdings Revenue is measured based on consideration specified in a contract with a customer and excludes any sales incentives and amounts collected on behalf of third parties. GCI Holdings recognizes revenue when it satisfies a performance obligation by transferring control of a product or service to a customer. Substantially all of GCI Holdings’ revenue is earned from services transferred over time. If at contract inception, GCI Holdings determines the time period between when it transfers a promised good or service to a customer and when the customer pays for that good or service is one year or less, it does not adjust the promised amount of consideration for the effects of a significant financing component. Certain of GCI Holdings’ customers have guaranteed levels of service. If an interruption in service occurs, GCI Holdings does not recognize revenue for any portion of the monthly service fee that will be refunded to the customer or not billed to the customer due to these service level agreements. Taxes assessed by a governmental authority that are both imposed on, and concurrent with, a specific revenue-producing transaction that are collected by GCI Holdings from a customer, are excluded from revenue from contracts with customers. Nature of Services and Products Data Data revenue is generated by providing data network access, high-speed internet services, and product sales. Monthly service revenue for data network access and high-speed internet services is billed in advance, recorded as deferred revenue on the balance sheet, and recognized as the associated services are provided to the customer. Internet service excess usage revenue is recognized when the services are provided. GCI Holdings recognizes revenue for product sales when a customer takes possession of the equipment. GCI Holdings provides telecommunications engineering services on a time and materials basis. Revenue is recognized for these services as-invoiced. Wireless Wireless revenue is generated by providing access to, and usage of GCI Holdings’ network by consumer, business, and wholesale carrier customers. Additionally, GCI Holdings generates revenue by selling wireless equipment such as handsets and tablets. In general, access revenue is billed in advance, recorded as deferred revenue on the balance sheet, and recognized as the associated services are provided to the customer. Equipment sales revenue associated with the sale of wireless devices and accessories is generally recognized when the products are delivered to and control transfers to the customer. Consideration received from the customer is allocated to the service and products based on stand-alone selling prices when purchased together. New and existing wireless customers have the option to participate in Upgrade Now, a program that provides eligible customers with the ability to purchase certain wireless devices in installments over a period of up to 36 months. Participating customers have the right to trade-in the original equipment for a new device after making the equivalent of 12 monthly installment payments, provided their handset is in good working condition. Upon upgrade, the outstanding balance of the wireless equipment installment plan is exchanged for the used handset. GCI Holdings accounts for this upgrade option as a right of return with a reduction of Revenue and Operating expense for handsets expected to be upgraded based on historical data. Other Other revenue consists of video and voice revenue. Arrangements with Multiple Performance Obligations Contracts with customers may include multiple performance obligations as customers purchase multiple services and products within those contracts. For such arrangements, revenue is allocated to each performance obligation based on the relative standalone selling price for each service or product within the contract. Standalone selling prices are generally determined based on the prices charged to customers. Significant Judgments Some contracts with customers include variable consideration, and may require significant judgment to determine the total transaction price, which impacts the amount and timing of revenue recognized. GCI Holdings uses historical customer data to estimate the amount of variable consideration included in the total transaction price and reassess its estimate at each reporting period. Any change in the total transaction price due to a change in the estimated variable consideration is allocated to the performance obligations on the same basis as at contract inception. Any portion of a change in transaction price that is allocated to a satisfied or partially satisfied performance obligation is recognized as revenue (or a reduction in revenue) in the period of the transaction price change. Variable consideration has been constrained to reduce the likelihood of a significant revenue reversal. Often contracts with customers include promises to transfer multiple products and services to a customer. Determining whether products and services are considered distinct performance obligations that should be accounted for separately versus together may require significant judgment. Judgment is required to determine the standalone selling price for each distinct performance obligation. Services and products are generally sold separately, which helps establish standalone selling price for services and products GCI Holdings provides. Remaining Performance Obligations The Company expects to recognize revenue in the future related to performance obligations that are unsatisfied (or partially unsatisfied) as of December 31, 2022 of $242 million in 202 3 202 4 202 5 202 6 202 7 The Company applies certain practical expedients as permitted and does not disclose information about remaining performance obligations that have original expected durations of one year or less, information about revenue remaining from usage based performance obligations that are recognized over time as-invoiced, or variable consideration allocated to wholly unsatisfied performance obligations. Contract Balances The Company had receivables of $189 million and $217 million at December 31, 2022 and 2021, respectively, the long-term portion of which are included in Other assets, net. The Company had deferred revenue of $33 million and $32 million at December 31, 2022 and 2021, respectively, the long-term portion of which are included in Other liabilities. The receivables and deferred revenue are only from contracts with customers. GCI Holdings’ customers generally pay for services in advance of the performance obligation and therefore these prepayments are recorded as deferred revenue. The deferred revenue is recognized as revenue in the accompanying consolidated statements of operations as the services are provided. Changes in the contract liability balance for the Company during 2022 was not materially impacted by other factors. Assets Recognized from the Costs to Obtain a Contract with a Customer Management expects that incremental commission fees paid to intermediaries as a result of obtaining customer contracts are recoverable and therefore the Company capitalizes them as contract costs. Capitalized commission fees are amortized based on the transfer of goods or services to which the assets relate which typically range from two The Company recognizes the incremental costs of obtaining contracts as an expense when incurred if the amortization period of the assets that otherwise would have recognized is one year or less. These costs are included in Selling, general, and administrative expenses. Revenue from contracts with customers, classified by customer type and significant service offerings follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ amounts in millions GCI Holdings ​ ​ ​ ​ ​ Consumer Revenue ​ ​ ​ ​ ​ Data ​ $ 231 214 ​ 7 ​ Wireless ​ ​ 143 134 ​ 5 ​ Other ​ 55 86 ​ 3 ​ Business Revenue ​ ​ ​ ​ ​ ​ Data ​ 392 364 ​ 12 ​ Wireless ​ 47 68 ​ 3 ​ Other ​ 24 27 ​ 1 ​ Lease, grant, and revenue from subsidies ​ 77 77 ​ 3 ​ Total GCI Holdings ​ ​ 969 ​ 970 ​ 34 ​ Corporate and other ​ ​ 6 ​ 18 ​ 17 ​ Total ​ $ 975 988 ​ 51 ​ ​
Advertising Costs	Advertising Costs Advertising costs generally are expensed as incurred. Advertising expense aggregated $4 million and $5 million for the years ended December 31, 2022 and 2021, respectively, and was not material for the year ended December 31, 2020. Advertising costs are reflected in the Selling, general and administrative, including stock-based compensation line item in our consolidated statements of operations.
StockBased Compensation	Stock-Based Compensation As more fully described in note 12, Liberty Broadband has granted to its directors, employees and employees of certain of its subsidiaries, restricted stock and stock options to purchase shares of Liberty Broadband common stock (collectively, “Awards”). Liberty Broadband measures the cost of employee services received in exchange for an equity classified Award (such as stock options and restricted stock) based on the grant-date fair value of the Award, and recognizes that cost over the period during which the employee is required to provide service (usually the vesting period of the Award). Liberty Broadband measures the cost of employee services received in exchange for a liability classified Award based on the current fair value of the Award, and remeasures the fair value of the Award at each reporting date.
Income Taxes	Income Taxes The Company accounts for income taxes using the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts and income tax bases of assets and liabilities and the expected benefits of utilizing net operating loss and tax credit carryforwards. The deferred tax assets and liabilities are calculated using enacted tax rates in effect for each taxing jurisdiction in which the Company operates for the year in which those temporary differences are expected to be recovered or settled. Net deferred tax assets are then reduced by a valuation allowance if the Company believes it more likely than not that such net deferred tax assets will not be realized. We consider all relevant factors when assessing the likelihood of future realization of our deferred tax assets, including our recent earnings experience by jurisdiction, expectations of future taxable income, and the carryforward periods available to us for tax reporting purposes, as well as assessing available tax planning strategies. The effect on deferred tax assets and liabilities of an enacted change in tax rates is recognized in the consolidated statements of operations in the period that includes the enactment date. Due to inherent complexities arising from the nature of our businesses, future changes in income tax law, tax sharing agreements or variances between our actual and anticipated operating results, we make certain judgments and estimates. Therefore, actual income taxes could materially vary from these estimates. When the tax law requires interest to be paid on an underpayment of income taxes, the Company recognizes interest expense from the first period the interest would begin accruing according to the relevant tax law. Such interest expense is included in interest expense in the accompanying consolidated statements of operations. Any accrual of penalties related to underpayment of income taxes on uncertain tax positions is included in Other, net in the accompanying consolidated statements of operations. We recognize in our consolidated financial statements the impact of a tax position, if that position is more likely than not to be sustained upon an examination, based on the technical merits of the position. ​
Certain Risks and Concentrations	Certain Risks and Concentrations GCI Holdings offers wireless and wireline telecommunication services, data services, video services, and managed services to customers primarily throughout Alaska. Because of this geographic concentration, growth of GCI Holdings’ business and operations depends upon economic conditions in Alaska. GCI Holdings receives support from each of the various Universal Service Fund ("USF") programs: rural health care, schools and libraries, high-cost, and lifeline. The programs are subject to change by regulatory actions taken by the FCC or legislative actions, therefore, changes to the programs could result in a material decrease in revenue that the Company has recorded. Historical revenue recognized from the programs was 35%, 32% and 29% of GCI Holdings’ revenue for the years ended December 31, 2022, 2021 and 2020, respectively. The Company had USF net receivables of $116 million at December 31, 2022. See note 14 for more information regarding the rural health care receivables.
Loss Contingencies	Loss Contingencies Periodically, we review the status of all significant outstanding matters to assess any potential financial exposure. When (i) it is probable that a loss has been incurred and (ii) the amount of the loss can be reasonably estimated, we record the estimated loss in our consolidated statements of operations. We provide disclosure in the notes to the consolidated financial statements for loss contingencies that do not meet both these conditions if there is a reasonable possibility that a loss may have been incurred that would be material to the financial statements. Significant judgment is required to determine the probability that a liability has been incurred and whether such liability is reasonably estimable. We base accruals made on the best information available at the time which can be highly subjective. The final outcome of these matters could vary significantly from the amounts included in the accompanying consolidated financial statements.
Comprehensive Earnings (Loss)	Comprehensive Earnings (Loss) Comprehensive earnings (loss) consists of net earnings (loss), comprehensive earnings (loss) attributable to debt credit risk adjustments and the Company’s share of the comprehensive earnings (loss) of our equity method affiliate.
Earnings per Share (EPS)	Earnings per Share (EPS) Basic earnings (loss) per common share (“EPS”) is computed by dividing net earnings (loss) by the weighted average number of common shares outstanding (“WASO”) for the period. Diluted EPS presents the dilutive effect on a per share basis of potential common shares as if they had been converted at the beginning of the periods presented. Potentially dilutive shares are excluded from the computation of diluted EPS during periods in which losses are reported since the result would be antidilutive. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ number of shares in millions Basic WASO 157 185 182 ​ Potentially dilutive shares 1 1 1 ​ Diluted WASO 158 186 183 ​ ​ Potential common shares excluded from diluted EPS because their inclusion would be antidilutive for the years ended December 31, 2022, 2021 and 2020 are approximately 2 million, 1 million and 1 million, respectively. ​
Reclassifications	Reclassifications Reclassifications have been made to the prior years’ consolidated financial statements to conform to the classifications used in the current year. ​
Estimates	Estimates 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 at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. The Company considers (i) the application of the equity method of accounting for its affiliates, (ii) non-recurring fair value measurements of non-financial instruments and (iii) accounting for income taxes to be its most significant estimates.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In November 2021, the Financial Accounting Standards Board issued new accounting guidance which will require annual disclosures about certain government transactions that are accounted for by applying a grant or contribution accounting model by analogy, including information about the nature of the transactions, the related policy used to account for the transactions, the amounts applicable to each financial statement line item and any significant terms and conditions of the transactions, including commitments and contingencies. This guidance is effective for annual financial statements issued for periods beginning after December 15, 2021. The Company adopted this guidance for the year ended December 31, 2022 (as discussed below).
Government Assistance	Government Assistance The Company’s government assistance during the year ended December 31, 2022 primarily consisted of a $25 million grant made by the US Department of Agriculture – Rural Utilities Service as part of the ReConnect Program to bring 2,000 Mbps internet speeds and affordable, unlimited data plans to a dozen Accounting for Government Grants and Disclosure of Government Assistance.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2022
Summary of Significant Accounting Policies
Summary of activity in the allowance for credit losses	Allowance for credit losses was not material as of December 31, 2020. A summary of activity in the allowance for credit losses for the years ended December 31, 2022 and 2021 is as follows (amounts in millions): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Additions ​ Deductions ​ ​ ​ ​ Balance at ​ Charged to ​ ​ ​ ​ ​ beginning of costs and Write-offs net ​ Balance at ​ year expenses of recoveries ​ end of year 2022 ​ $ 4 ​ 4 ​ (4) 4 2021 ​ $ — ​ 4 ​ — 4 ​
Schedule of Net Property and Equipment	​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ 2022 ​ 2021 ​ ​ amounts in millions Land ​ $ 16 16 Buildings (25 years) ​ ​ 105 ​ 98 Telephony transmission equipment and distribution facilities ( 5 ​ ​ 810 705 Cable transmission equipment and distribution facilities ( 5 ​ 108 94 Support equipment and systems ( 3 ​ 106 97 Fiber optic cable systems ( 15 ​ 73 69 Other ( 2 ​ 52 40 Construction in progress ​ 126 108 ​ ​ 1,396 1,227 Accumulated depreciation ​ (385) (196) Property and equipment, net ​ $ 1,011 1,031 ​
Reconciliation of Asset Retirement Obligations	The asset retirement obligation is in Other liabilities in the consolidated balance sheets. Following is a reconciliation of the beginning and ending aggregate carrying amounts of the liability for asset retirement obligations (amounts in millions): ​ ​ ​ ​ ​ ​ Balance at December 31, 2020 ​ $ 76 ​ Liability incurred ​ 1 ​ Accretion expense ​ 3 ​ Liability settled ​ (1) ​ Balance at December 31, 2021 ​ ​ 79 ​ Liability incurred ​ ​ — ​ Accretion expense ​ ​ 2 ​ Liability settled ​ ​ — ​ Balance at December 31, 2022 ​ $ 81 ​
Revenue from Contracts with Customers by Customer Type and Service Offerings	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ amounts in millions GCI Holdings ​ ​ ​ ​ ​ Consumer Revenue ​ ​ ​ ​ ​ Data ​ $ 231 214 ​ 7 ​ Wireless ​ ​ 143 134 ​ 5 ​ Other ​ 55 86 ​ 3 ​ Business Revenue ​ ​ ​ ​ ​ ​ Data ​ 392 364 ​ 12 ​ Wireless ​ 47 68 ​ 3 ​ Other ​ 24 27 ​ 1 ​ Lease, grant, and revenue from subsidies ​ 77 77 ​ 3 ​ Total GCI Holdings ​ ​ 969 ​ 970 ​ 34 ​ Corporate and other ​ ​ 6 ​ 18 ​ 17 ​ Total ​ $ 975 988 ​ 51 ​ ​
Schedule of Weighted Average Number of Shares	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ number of shares in millions Basic WASO 157 185 182 ​ Potentially dilutive shares 1 1 1 ​ Diluted WASO 158 186 183 ​ ​

Supplemental Disclosures to C_2

Supplemental Disclosures to Consolidated Statements of Cash Flows (Tables)	12 Months Ended
	Dec. 31, 2022
Supplemental Disclosures to Consolidated Statements of Cash Flows
Schedule of supplemental cash flow disclosure	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ ​ amounts in millions ​ Cash paid for acquisitions: ​ ​ ​ ​ ​ ​ ​ ​ Property and equipment ​ $ — — 1,109 ​ Investment in Charter ​ ​ — ​ — ​ 3,494 ​ Intangible assets not subject to amortization ​ — — 1,342 ​ Intangible assets subject to amortization ​ — — 639 ​ Receivables and other assets ​ ​ — ​ — ​ 641 ​ Net liabilities assumed ​ — — (3,719) ​ Deferred tax assets (liabilities) ​ — — (1,026) ​ Noncontrolling interests ​ ​ — ​ — ​ (12) ​ Fair value of equity consideration ​ — — (3,060) ​ Cash paid (received) for acquisitions, net of cash acquired ​ $ — — (592) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ amounts in millions Cash paid for interest ​ $ 137 ​ 125 ​ 24 ​ Cash paid for taxes $ 266 238 — ​
Schedule of reconciliation of cash and cash equivalents and restricted cash	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ amounts in millions Cash and cash equivalents ​ $ 375 191 ​ 1,418 ​ Restricted cash included in other current assets ​ 24 15 ​ 15 ​ Restricted cash included in other long-term assets ​ ​ 1 ​ — ​ — ​ Total cash and cash equivalents and restricted cash at end of period ​ $ 400 206 1,433 ​

Acquisition (Tables)

Acquisition (Tables)	12 Months Ended
	Dec. 31, 2022
Acquisition
Acquisition consideration	The following details the acquisition consideration as of December 18, 2020 (amounts in millions), which is primarily based on level 1 inputs: ​ ​ ​ ​ ​ Fair value of newly issued Liberty Broadband Series C and B common stock 1 ​ $ 9,695 ​ Fair value of newly issued Liberty Broadband Preferred Stock 2 ​ ​ 203 ​ Fair value of share-based payment replacement awards 3 ​ ​ 105 ​ Total fair value of consideration ​ ​ 10,003 ​ Less: Fair value of Liberty Broadband shares attributable to share repurchase 4 ​ ​ (6,739) ​ Total fair value of consideration attributable to business combination ​ ​ 3,264 ​ Less: Fair value of newly issued Liberty Broadband Preferred Stock 2 ​ ​ (203) ​ Less: Fair value of share-based payment replacement awards accounted for as liability awards ​ ​ (1) ​ Total fair value of acquisition consideration to be allocated ​ $ 3,060 ​ (1) The fair value of newly issued Series C and B Liberty Broadband common stock was calculated by multiplying (i) the outstanding shares of GCI Liberty Series A and B common stock as of December 18, 2020 (ii) the exchange ratio of 0.58 , and (iii) the closing share price of Liberty Broadband Series C and B common stock on December 18, 2020. Liberty Broadband issued 61.3 million shares of Series C common stock and 98 thousand shares of Series B common stock. ​ (2) The fair value of the newly issued Liberty Broadband Preferred Stock was calculated by multiplying (i) the outstanding shares of GCI Liberty Preferred Stock as of December 18, 2020, and (ii) the closing share price of GCI Liberty Preferred Stock on December 18, 2020. The GCI Liberty Preferred Stock was converted on a one to one ratio into Liberty Broadband Preferred Stock. ​ (3) This amount represents the fair value of share-based payment replacement awards. ​ (4) GCI Liberty owned approximately 42.7 million shares of Liberty Broadband Series C common stock. The acquisition of Liberty Broadband Series C common stock is accounted for as a share repurchase by Liberty Broadband. This amount was calculated by multiplying (i) the number of shares of Liberty Broadband Series C common stock owned by GCI Liberty as of December 18, 2020 and (ii) the closing share price of Liberty Broadband Series C common stock on December 18, 2020.
Preliminary acquisition price allocation	The acquisition purchase price allocation for GCI Liberty is as follows (amounts in millions): ​ ​ ​ ​ ​ Cash and cash equivalents including restricted cash $ 592 Receivables ​ 339 Property and equipment ​ 1,109 Goodwill ​ 755 Investment in Charter ​ ​ 3,494 Intangible assets not subject to amortization ​ 587 Intangible assets subject to amortization ​ 639 Other assets ​ 302 Deferred revenue ​ (60) Debt, including obligations under tower and finance leases ​ (2,772) Indemnification liability ​ ​ (336) Deferred income tax liabilities ​ (1,026) Preferred stock ​ (203) Non-controlling interest ​ (12) Other liabilities ​ (348) Total fair value of acquisition consideration to be allocated ​ $ 3,060 ​
Pro forma revenue and net earnings	​ ​ ​ ​ ​ ​ ​ Year ended December 31, ​ ​ 2020 ​ ​ amounts in millions, except ​ ​ per share amounts Revenue ​ $ 968 Net earnings (loss) ​ $ 695 Net earnings (loss) attributable to Liberty Broadband shareholders ​ $ 695 Basic net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share ​ $ 3.82 Diluted net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share ​ $ 3.79 ​

Assets and Liabilities Measur_2

Assets and Liabilities Measured at Fair Value (Tables)	12 Months Ended
	Dec. 31, 2022
Assets and Liabilities Measured at Fair Value
Schedule of assets and liabilities measured at fair value	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ December 31, 2021 ​ ​ ​ ​ ​ Quoted prices ​ Significant ​ ​ ​ Quoted prices ​ Significant ​ ​ ​ ​ ​ in active ​ other ​ ​ ​ in active ​ other ​ ​ ​ ​ ​ markets for ​ observable ​ ​ ​ markets for ​ observable ​ ​ ​ ​ ​ identical assets ​ inputs ​ ​ ​ identical assets ​ inputs Description ​ Total ​ (Level 1) ​ (Level 2) ​ Total ​ (Level 1) ​ (Level 2) ​ ​ amounts in millions Cash equivalents ​ $ 288 ​ 288 ​ — ​ 118 ​ 118 ​ — ​ Indemnification obligation ​ $ 50 ​ — ​ 50 ​ 324 ​ — ​ 324 ​ Exchangeable senior debentures ​ $ 1,373 ​ — ​ 1,373 ​ 1,428 ​ — ​ 1,428 ​ ​
Schedule of realized and unrealized gains (losses) on financial instruments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ amounts in millions Indemnification obligation ​ $ 273 ​ 21 ​ (9) ​ Exchangeable senior debentures (1) ​ ​ 61 ​ 46 ​ (74) ​ ​ ​ $ 334 67 (83) ​ (1) The Company has elected to account for its exchangeable senior debentures using the fair value option. Changes in the fair value of the exchangeable senior debentures recognized in the consolidated statements of operations are primarily due to market factors driven by changes in the fair value of the underlying shares into which the debt is exchangeable. The Company isolates the portion of the unrealized gain (loss) attributable to the change in the instrument specific credit risk and recognizes such amount in other comprehensive income. The change in the fair value of the exchangeable senior debentures attributable to changes in the instrument specific credit risk before tax was a loss of $7 million, a loss of $2 million and a gain of $9 million for the years ended December 31, 2022, 2021 and 2020, respectively. The cumulative change was a gain of less than $1 million as of December 31, 2022.

Investment in Charter Account_2

Investment in Charter Accounted for Using the Equity Method (Tables)	12 Months Ended
	Dec. 31, 2022
Investment in Charter Accounted for Using the Equity Method
Schedule of allocation of excess basis within memo accounts used for equity accounting purposes	The excess basis has been allocated within memo accounts used for equity method accounting purposes as follows (amounts in millions): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ ​ 2022 ​ 2021 ​ Property and equipment $ 524 ​ 661 ​ Customer relationships ​ 2,230 ​ 2,537 ​ Franchise fees ​ 3,809 ​ 3,828 ​ Trademarks ​ 29 ​ 29 ​ Goodwill ​ 3,975 ​ 4,024 ​ Debt ​ (450) ​ (535) ​ Deferred income tax liability ​ (1,505) ​ (1,626) ​ ​ ​ $ 8,612 ​ 8,918 ​ ​
Summary of financial information for Charter	Consolidated Balance Sheets ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, December 31, ​ ​ ​ 2022 2021 ​ ​ ​ amounts in millions ​ Current assets ​ $ 4,017 ​ 3,566 ​ Property and equipment, net ​ 36,039 ​ 34,310 ​ Goodwill ​ 29,563 ​ 29,562 ​ Intangible assets, net ​ 70,135 ​ 71,406 ​ Other assets ​ 4,769 ​ 3,647 ​ Total assets ​ $ 144,523 ​ 142,491 ​ Current liabilities ​ $ 12,065 ​ 12,458 ​ Deferred income taxes ​ 19,058 ​ 19,096 ​ Long-term debt ​ 96,093 ​ 88,564 ​ Other liabilities ​ 4,758 ​ 4,217 ​ Equity ​ 12,549 ​ 18,156 ​ Total liabilities and shareholders' equity ​ $ 144,523 ​ 142,491 ​ ​ Consolidated Statements of Operations ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ ​ 2022 2021 ​ 2020 ​ ​ ​ amounts in millions ​ Revenue ​ $ 54,022 ​ 51,682 ​ 48,097 ​ Cost and expenses: ​ ​ ​ ​ ​ ​ ​ ​ Operating costs and expenses (excluding depreciation and amortization) ​ 32,876 ​ 31,482 ​ 29,930 ​ Depreciation and amortization ​ 8,903 ​ 9,345 ​ 9,704 ​ Other operating expenses, net ​ 281 ​ 329 ​ 58 ​ ​ ​ 42,060 ​ 41,156 ​ 39,692 ​ Operating income ​ 11,962 ​ 10,526 ​ 8,405 ​ Interest expense, net ​ (4,556) ​ (4,037) ​ (3,848) ​ Other income (expense), net ​ 56 ​ (101) ​ (255) ​ Income tax (expense) benefit ​ (1,613) ​ (1,068) ​ (626) ​ Net earnings (loss) ​ ​ 5,849 ​ 5,320 ​ 3,676 ​ Less: Net income attributable to noncontrolling interests ​ ​ (794) ​ (666) ​ (454) ​ Net Income (loss) attributable to Charter shareholders ​ $ 5,055 ​ 4,654 ​ 3,222 ​

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets
Schedule of Goodwill	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate and ​ ​ ​ GCI Holdings ​ other ​ Total ​ amounts in millions ​ Balance at December 31, 2020 ​ $ 739 ​ 7 746 ​ Acquisition adjustments during measurement period ​ ​ 16 ​ — ​ 16 ​ Balance at December 31, 2021 ​ ​ 755 ​ 7 762 ​ Dispositions ​ ​ — ​ (7) ​ (7) ​ Balance at December 31, 2022 ​ $ 755 ​ — ​ 755 ​ ​
Schedule of Intangible Assets Subject to Amortization, net	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 December 31, 2021 ​ ​ Gross ​ ​ ​ Net ​ Gross ​ ​ ​ Net ​ ​ carrying ​ Accumulated ​ carrying ​ carrying ​ Accumulated ​ carrying ​ amount amortization amount amount amortization amount ​ ​ amounts in millions Customer relationships ​ $ 515 ​ (91) ​ 424 ​ ​ 515 ​ (49) ​ 466 Other amortizable intangibles ​ 147 ​ (55) ​ 92 ​ 138 ​ (31) ​ 107 Total ​ $ 662 ​ (146) ​ 516 ​ ​ 653 ​ (80) ​ 573 ​
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	Amortization expense for amortizable intangible assets for each of the five succeeding fiscal years is estimated to be (amounts in millions): ​ ​ ​ ​ ​ ​ ​ 2023 ​ $ 61 2024 ​ $ 55 2025 ​ $ 52 2026 ​ $ 49 2027 ​ $ 48

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2022
Debt
Schedule of debt	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding ​ ​ ​ ​ ​ ​ ​ principal ​ Carrying value ​ ​ December 31, ​ December 31, ​ December 31, ​ ​ 2022 ​ 2022 ​ 2021 ​ amounts in millions ​ Margin Loan Facility ​ $ 1,400 ​ 1,400 1,300 ​ 2.75% Exchangeable Senior Debentures due 2050 ​ 575 ​ 560 585 ​ 1.25% Exchangeable Senior Debentures due 2050 ​ ​ 825 ​ ​ 798 ​ 818 ​ 1.75% Exchangeable Senior Debentures due 2046 ​ ​ 15 ​ ​ 15 ​ 25 ​ Senior notes ​ 600 ​ 628 632 ​ Senior credit facility ​ 397 ​ 397 399 ​ Wells Fargo note payable ​ 5 ​ 5 6 ​ Deferred financing costs ​ ​ ​ (2) (4) ​ Total debt ​ $ 3,817 ​ 3,801 3,761 ​ Debt classified as current ​ ​ ​ (1,376) (28) ​ Total long-term debt ​ ​ ​ ​ $ 2,425 3,733 ​ ​
Schedule of annual principal maturities of debt	The annual principal maturities of debt, based on stated maturity dates, for each of the next five years is a follows (amounts in millions): ​ ​ ​ ​ ​ 2023 ​ $ 3 2024 $ 1,403 2025 $ 3 2026 $ 153 2027 $ 238

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2022
Leases
Lease Expense and Supplemental Cash Flow Information	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ amounts in millions ​ Operating lease cost (1) ​ $ 59 ​ 60 ​ 3 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Finance lease cost ​ ​ ​ ​ ​ ​ Depreciation of leased assets ​ $ 1 ​ 1 ​ 1 ​ Total finance lease cost ​ $ 1 ​ 1 ​ 1 ​ (1) Included within operating lease costs were short-term lease costs and variable lease costs, which were not material to the consolidated financial statements. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ ​ ​ 2022 ​ ​ 2021 ​ 2020 ​ ​ Weighted-average remaining lease term (years): ​ ​ ​ ​ ​ ​ ​ ​ Finance leases 3.5 ​ ​ 4.5 ​ ​ 3.1 ​ ​ Operating leases 3.9 ​ ​ 4.2 ​ ​ 4.8 ​ ​ Weighted-average discount rate: ​ ​ ​ ​ ​ ​ ​ ​ Finance leases 4.3 % ​ 4.3 % ​ 3.9 % ​ Operating leases 6.0 % ​ 4.0 % ​ 4.2 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ ​ 2022 2021 ​ 2020 ​ ​ amounts in millions ​ Cash paid for amounts included in the measurement of lease liabilities: ​ ​ ​ ​ ​ ​ Operating cash outflows from operating leases ​ $ 57 ​ 55 ​ 3 ​ Financing cash outflows from finance leases ​ $ 1 ​ 2 ​ — ​ ROU assets obtained in exchange for lease obligations ​ ​ ​ ​ ​ Operating leases ​ $ 11 ​ 108 ​ — ​
Supplemental Balance Sheet Information	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ 2022 2021 ​ ​ ​ amounts in millions ​ Operating leases: ​ ​ ​ ​ Operating lease ROU assets, net (1) ​ $ 114 ​ 154 ​ ​ ​ ​ ​ ​ ​ ​ Current operating lease liabilities (2) ​ $ 45 ​ 50 ​ Operating lease liabilities (3) ​ 65 ​ 102 ​ Total operating lease liabilities ​ $ 110 ​ 152 ​ ​ ​ ​ ​ ​ ​ ​ Finance Leases: ​ ​ ​ ​ Property and equipment, at cost ​ $ 4 ​ 4 ​ Accumulated depreciation ​ (1) ​ (1) ​ Property and equipment, net ​ $ 3 ​ 3 ​ ​ ​ ​ ​ ​ ​ ​ Current obligations under finance leases (4) ​ $ 1 ​ 1 ​ Obligations under finance leases ​ 2 ​ 2 ​ Total finance lease liabilities ​ $ 3 ​ 3 ​ (1) Operating lease ROU assets, net are included within the Other assets, net line item in the accompanying consolidated balance sheets. (2) Current operating lease liabilities are included within the Other current liabilities line item in the accompanying consolidated balance sheets. (3) Operating lease liabilities are included within the Other liabilities line item in the accompanying consolidated balance sheets. (4) Current obligations under finance leases are included within the Other current liabilities line item in the accompanying consolidated balance sheets. ​
Future Lease Payments on Finance Leases	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Finance Leases ​ Operating Leases ​ Tower Obligations ​ ​ amounts in millions 2023 ​ $ 1 47 8 2024 ​ 1 44 8 2025 ​ 1 9 8 2026 ​ — 7 8 2027 ​ — 4 8 Thereafter ​ — 14 100 Total payments ​ 3 125 140 Less: imputed interest ​ — 15 54 Total liabilities ​ $ 3 110 86
Schedule of aggregate minimum annual lease payments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Finance Leases ​ Operating Leases ​ Tower Obligations ​ ​ amounts in millions 2023 ​ $ 1 47 8 2024 ​ 1 44 8 2025 ​ 1 9 8 2026 ​ — 7 8 2027 ​ — 4 8 Thereafter ​ — 14 100 Total payments ​ 3 125 140 Less: imputed interest ​ — 15 54 Total liabilities ​ $ 3 110 86
Future lease payments on Tower Obligations	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Finance Leases ​ Operating Leases ​ Tower Obligations ​ ​ amounts in millions 2023 ​ $ 1 47 8 2024 ​ 1 44 8 2025 ​ 1 9 8 2026 ​ — 7 8 2027 ​ — 4 8 Thereafter ​ — 14 100 Total payments ​ 3 125 140 Less: imputed interest ​ — 15 54 Total liabilities ​ $ 3 110 86

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Income Taxes
Schedule of income tax benefit (expense)	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ amounts in millions Current: ​ ​ ​ ​ ​ ​ ​ ​ Federal ​ $ (222) (233) — ​ State and local ​ (1) — — ​ ​ ​ (223) (233) — ​ Deferred: ​ ​ ​ ​ ​ ​ ​ ​ Federal ​ (51) 4 (116) ​ State and local ​ (3) 11 153 ​ ​ ​ (54) 15 37 ​ Income tax benefit (expense) ​ $ (277) (218) 37 ​ ​
Schedule of income tax benefit (expense) reconciliation to the effective tax rate	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ amounts in millions Computed expected tax benefit (expense) ​ $ (322) ​ (200) ​ (76) ​ State and local taxes, net of federal income taxes ​ (4) (8) (12) ​ Nontaxable equity contribution ​ 41 2 (1) ​ Change in valuation allowance ​ 1 4 (3) ​ Sale of consolidated subsidiary ​ 15 — — ​ Change in tax rate - other ​ — 14 133 ​ Executive compensation ​ ​ (7) ​ (14) ​ (1) ​ Litigation settlement ​ ​ — ​ (22) ​ — ​ Other ​ (1) 6 (3) ​ Income tax (expense) benefit ​ $ (277) (218) 37 ​ ​
Schedule of deferred tax assets and liabilities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, ​ ​ 2022 ​ 2021 ​ ​ amounts in millions Deferred tax assets: ​ ​ Tax loss and tax credit carryforwards ​ $ 32 96 ​ Accrued stock-based compensation ​ 16 14 ​ Deferred revenue ​ 20 13 ​ Debt ​ ​ — ​ 6 ​ Operating lease liabilities ​ ​ 31 ​ 42 ​ Other accrued liabilities ​ ​ 28 ​ 15 ​ Other future deductible amounts ​ 41 42 ​ Total deferred tax assets ​ 168 228 ​ Less: valuation allowance ​ (1) (7) ​ Net deferred tax assets ​ 167 221 ​ Deferred tax liabilities: ​ ​ ​ ​ ​ ​ Investments ​ (1,688) (1,677) ​ Fixed assets ​ ​ (201) ​ (206) ​ Intangible assets ​ ​ (276) ​ (293) ​ Debt ​ ​ (10) ​ — ​ Operating lease ROU assets ​ (32) (43) ​ Total deferred tax liabilities ​ (2,207) (2,219) ​ Net deferred tax asset (liability) ​ $ (2,040) (1,998) ​ ​

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2022
Series C common stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of stock awards activity	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ ​ ​ ​ ​ average ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ remaining ​ Aggregate ​ ​ ​ ​ ​ ​ ​ contractual ​ intrinsic ​ ​ Series C ​ WAEP ​ life ​ value ​ ​ (in thousands) ​ ​ ​ ​ (in years) ​ (in millions) Outstanding at January 1, 2022 3,483 ​ $ 96.61 ​ ​ ​ ​ ​ Granted 172 ​ $ 128.15 ​ ​ ​ ​ ​ Exercised (53) ​ $ 62.51 ​ ​ ​ ​ ​ Forfeited/Cancelled — ​ $ — ​ ​ ​ ​ ​ ​ Outstanding at December 31, 2022 3,602 ​ $ 98.62 3.4 ​ $ 43 ​ Exercisable at December 31, 2022 2,412 ​ $ 76.78 2.8 ​ $ 43 ​ ​

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2022
Segment Information
Schedule of performance measures	Performance Measures ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ ​ ​ ​ Adjusted ​ ​ ​ Adjusted ​ ​ ​ Adjusted ​ ​ Revenue ​ OIBDA ​ Revenue ​ OIBDA ​ Revenue ​ OIBDA ​ ​ amounts in millions GCI Holdings ​ $ 969 ​ 358 ​ 970 ​ 354 ​ 34 ​ 10 ​ Charter ​ 54,022 21,335 51,682 20,301 48,097 18,460 ​ Corporate and other ​ 6 (31) 18 (49) 17 (24) ​ ​ ​ 54,997 21,662 52,670 20,606 48,148 18,446 ​ Eliminate equity method affiliate ​ (54,022) (21,335) (51,682) (20,301) (48,097) (18,460) ​ Consolidated Liberty Broadband ​ $ 975 327 988 305 51 (14) ​ ​
Schedule of segment reporting information	Other Information ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2022 ​ December 31, 2021 ​ ​ Total ​ Investments ​ Capital ​ Total ​ Investments ​ Capital ​ ​ assets ​ in affiliates ​ expenditures ​ assets ​ in affiliates ​ expenditures ​ ​ amounts in millions GCI Holdings ​ $ 3,378 ​ — ​ 181 ​ 3,451 ​ — ​ 134 ​ Charter ​ 144,523 — 9,376 142,491 — 7,635 ​ Corporate and other ​ 11,764 11,433 — 13,517 13,261 — ​ ​ ​ 159,665 11,433 9,557 159,459 13,261 7,769 ​ Eliminate equity method affiliate ​ (144,523) — (9,376) (142,491) — (7,635) ​ Consolidated Liberty Broadband ​ $ 15,142 11,433 181 16,968 13,261 134 ​ ​
Schedule of revenue by geographic area	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ amounts in millions United States $ 975 986 49 ​ Other countries ​ — 2 2 ​ ​ ​ $ 975 988 51 ​ ​
Schedule of reconciliation of segment Adjusted OIBDA to earnings (loss) before income taxes	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years ended December 31, ​ ​ 2022 ​ 2021 ​ 2020 ​ ​ amounts in millions Consolidated segment Adjusted OIBDA $ 327 305 (14) ​ Stock-based compensation ​ (37) (41) (9) ​ Depreciation and amortization ​ (262) (267) (15) ​ Litigation settlement, net of recoveries ​ ​ (67) ​ (95) ​ — ​ Transaction costs ​ ​ — ​ — ​ (22) ​ Operating income (loss) ​ ​ (39) ​ (98) ​ (60) ​ Interest expense ​ ​ (133) ​ (117) ​ (28) ​ Share of earnings (loss) of affiliates, net ​ 1,326 1,194 713 ​ Gain (loss) on dilution of investment in affiliate ​ (63) (102) (184) ​ Realized and unrealized gains (losses) on financial instruments, net ​ 334 67 (83) ​ Gain (loss) on dispositions, net ​ ​ 179 ​ 12 ​ — ​ Other, net ​ (70) (6) 3 ​ Earnings (loss) before income taxes ​ $ 1,534 950 361 ​

Basis of Presentation (Details)

Basis of Presentation (Details) $ in Millions			1 Months Ended	3 Months Ended	12 Months Ended
	May 02, 2022 USD ($)	Dec. 18, 2020 shares	Dec. 31, 2019 USD ($)	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Gain (loss) on dispositions, net (note 1)					$ 179	$ 12
Liberty
Reimbursable amount					10	14
Qurate Retail
Reimbursable amount					7	86
Qurate Retail | Other current assets
Reimbursable amount					$ 1	$ 0
CEO | Liberty
Relative market capitalization percentage					50%
Blended average of historical time allocation on a Liberty Media-wide and CEO basis weighted average					50%
CEO compensation allocation percentage					33%	37%	18%
Employment agreement term			5 years
Annual base salary			$ 3
One-time cash commitment bonus			5
Annual target cash performance bonus			17
Annual equity awards			18
Upfront awards			$ 90
Charter.
Fully Diluted Ownership Percentage					26%
Series A Cumulative Redeemable Preferred Stock
Number of shares received | shares		1
Skyhook
Sales on proceeds	$ 194
Skyhook | Disposal Group
Escrow amount	$ 23
Gain (loss) on dispositions, net (note 1)				$ 179
Disposal group revenue					$ 6	$ 18	$ 17
Disposal group net income (loss)					$ 4		$ (3)
Disposal group assets						18
Skyhook | Disposal Group | Maximum
Disposal group net income (loss)						$ 1
GCI Liberty Inc
Business combination shares issued ratio		0.58
GCI Liberty Inc | Series A and B common stock
Business combination shares issued ratio		0.58

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Accounts Receivable and Allowance for Doubtful Receivables (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of year	$ 4
Charged to costs and expenses	4	$ 4
Write-offs net of recoveries	(4)
Balance at end of year	$ 4	4
Number of days in allowance used in the calculation (greater than)	120 days
Derivative Instruments and Hedging Activities
Derivative instruments	$ 0	$ 0

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Property and Equipment (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Property and equipment	$ 1,396	$ 1,227
Accumulated depreciation	(385)	(196)
Property and equipment, net	1,011	1,031
Depreciation expense	195	192	$ 9
Capitalized interest costs	4	2
Land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 16	16
Building
Property, Plant and Equipment [Line Items]
Remaining useful lives of property and equipment	25 years
Property and equipment, gross	$ 105	98
Telephony transmission equipment and distribution facilities
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 810	705
Telephony transmission equipment and distribution facilities | Minimum
Property, Plant and Equipment [Line Items]
Remaining useful lives of property and equipment	5 years
Telephony transmission equipment and distribution facilities | Maximum
Property, Plant and Equipment [Line Items]
Remaining useful lives of property and equipment	20 years
Cable transmission equipment and distribution facilities
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 108	94
Cable transmission equipment and distribution facilities | Minimum
Property, Plant and Equipment [Line Items]
Remaining useful lives of property and equipment	5 years
Cable transmission equipment and distribution facilities | Maximum
Property, Plant and Equipment [Line Items]
Remaining useful lives of property and equipment	30 years
Support equipment and systems
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 106	97
Support equipment and systems | Minimum
Property, Plant and Equipment [Line Items]
Remaining useful lives of property and equipment	3 years
Support equipment and systems | Maximum
Property, Plant and Equipment [Line Items]
Remaining useful lives of property and equipment	20 years
Fiber optic cable systems
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 73	69
Fiber optic cable systems | Minimum
Property, Plant and Equipment [Line Items]
Remaining useful lives of property and equipment	15 years
Fiber optic cable systems | Maximum
Property, Plant and Equipment [Line Items]
Remaining useful lives of property and equipment	25 years
Other
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 52	40
Other | Minimum
Property, Plant and Equipment [Line Items]
Remaining useful lives of property and equipment	2 years
Other | Maximum
Property, Plant and Equipment [Line Items]
Remaining useful lives of property and equipment	20 years
Construction in progress
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 126	$ 108

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Asset Retirement Obligations (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Balance at beginning of period	$ 79	$ 76
Liability acquired		1
Accretion expense	2	3
Liability settled		(1)
Balance at end of period	$ 81	$ 79

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Intangible Assets (Details)	12 Months Ended
	Dec. 31, 2022
Minimum
Non-amortizable intangible assets
Useful life	3 years
Maximum
Non-amortizable intangible assets
Useful life	16 years
Weighted Average
Non-amortizable intangible assets
Useful life	13 years
Internally Used Software | Minimum
Non-amortizable intangible assets
Useful life	3 years
Internally Used Software | Maximum
Non-amortizable intangible assets
Useful life	5 years

Summary of Significant Accoun_8

Summary of Significant Accounting Policies - Revenue Recognition (Details)	12 Months Ended
	Dec. 31, 2022 payment
Summary of Significant Accounting Policies
Equipment installment plan period	36 months
Number Of Installment Plan Payments	12

Summary of Significant Accoun_9

Summary of Significant Accounting Policies - Remaining Performance Obligations (Details) $ in Millions	Dec. 31, 2022 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation	$ 242
Remaining performance obligation expected timing of satisfaction period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation	$ 93
Remaining performance obligation expected timing of satisfaction period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation	$ 64
Remaining performance obligation expected timing of satisfaction period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation	$ 35
Remaining performance obligation expected timing of satisfaction period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation	$ 40
Remaining performance obligation expected timing of satisfaction period	1 year

Summary of Significant Accou_10

Summary of Significant Accounting Policies - Contract Balances (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Summary of Significant Accounting Policies
Receivables	$ 189	$ 217
Deferred revenue	$ 33	$ 32

Summary of Significant Accou_11

Summary of Significant Accounting Policies - Assets Recognized from the Costs to Obtain a Contract with a Customer (Details)	Dec. 31, 2022
Minimum
Capitalized Contract Cost [Line Items]
Amortization period	2 years
Maximum
Capitalized Contract Cost [Line Items]
Amortization period	5 years

Summary of Significant Accou_12

Summary of Significant Accounting Policies - Disaggregation of Revenue (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disaggregation of Revenue [Line Items]
Revenue	$ 975	$ 988	$ 51
GCI Holdings
Disaggregation of Revenue [Line Items]
Revenue	969	970	34
GCI Holdings | Lease, grant, and revenue from subsidies
Disaggregation of Revenue [Line Items]
Revenue	77	77	3
GCI Holdings | Consumer Revenue | Data
Disaggregation of Revenue [Line Items]
Revenue	231	214	7
GCI Holdings | Consumer Revenue | Wireless
Disaggregation of Revenue [Line Items]
Revenue	143	134	5
GCI Holdings | Consumer Revenue | Other Revenue
Disaggregation of Revenue [Line Items]
Revenue	55	86	3
GCI Holdings | Business Revenue | Data
Disaggregation of Revenue [Line Items]
Revenue	392	364	12
GCI Holdings | Business Revenue | Wireless
Disaggregation of Revenue [Line Items]
Revenue	47	68	3
GCI Holdings | Business Revenue | Other Revenue
Disaggregation of Revenue [Line Items]
Revenue	24	27	1
Corporate and other
Disaggregation of Revenue [Line Items]
Revenue	$ 6	$ 18	$ 17

Summary of Significant Accou_13

Summary of Significant Accounting Policies - Advertising Costs (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Selling, general and administrative
Advertising expense	$ 4	$ 5

Summary of Significant Accou_14

Summary of Significant Accounting Policies - Concentrations (Details) - USF Program - Revenue - Customer concentration - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Concentration Risk [Line Items]
Customer concentration (as a percent)	35%	32%	29%
Receivables net, current	$ 116

Summary of Significant Accou_15

Summary of Significant Accounting Policies - EPS (Details) - shares shares in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Summary of Significant Accounting Policies
Basic WASO	157	185	182
Potentially dilutive shares	1	1	1
Diluted WASO	158	186	183
Antidilutive shares	2	1	1

Summary of Significant Accou_16

Summary of Significant Accounting Policies - Government Assistance (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) community item
Summary of Significant Accounting Policies
Proceeds from grant	$ 25
Internet Speeds | item	2,000
Number Of Communities | community	12
Government Assistance Program Duration	19 years
Long-term deferred revenue	$ 24

Supplemental Disclosures to C_3

Supplemental Disclosures to Consolidated Statements of Cash Flows - Cash Paid for Acquisitions (Details) $ in Millions	Dec. 31, 2020 USD ($)
Supplemental Disclosures to Consolidated Statements of Cash Flows
Property and equipment	$ 1,109
Investment in Charter	3,494
Intangible assets not subject to amortization	1,342
Intangible assets subject to amortization	639
Receivables and other assets	641
Net liabilities assumed	(3,719)
Deferred tax assets (liabilities)	(1,026)
Non-controlling interest	(12)
Fair value of equity consideration	(3,060)
Cash paid (received) for acquisitions, net of cash acquired	$ (592)

Supplemental Disclosures to C_4

Supplemental Disclosures to Consolidated Statements of Cash Flows (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Supplemental Disclosures to Consolidated Statements of Cash Flows
Cash paid for interest	$ 137	$ 125	$ 24
Cash paid for taxes	$ 266	$ 238

Supplemental Disclosures to C_5

Supplemental Disclosures to Consolidated Statements of Cash Flows - Reconciliation of cash and cash equivalents and restricted cash (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash and cash equivalents	$ 375	$ 191	$ 1,418
Restricted cash included in other current assets		$ 15	$ 15
Restricted Cash and Cash Equivalents, Current, Asset, Statement of Financial Position [Extensible List]		Prepaid Expense and Other Assets, Current	Prepaid Expense and Other Assets, Current
Total cash and cash equivalents and restricted cash at end of period	400	$ 206	$ 1,433	$ 50
Other current assets
Restricted cash included in other current assets	24
Other Noncurrent Assets
Restricted cash included in other current assets	$ 1

Acquisition - Acquisition Consi

Acquisition - Acquisition Consideration (Details) shares in Thousands, $ in Millions		12 Months Ended
	Dec. 18, 2020 USD ($) shares	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Business Acquisition [Line Items]
Less: Fair value of Liberty Broadband shares attributable to share repurchase		$ (2,882)	$ (4,272)	$ (597)
Series C common stock | GCI Liberty Inc | Liberty Broadband Corporation
Business Acquisition [Line Items]
Shares owned | shares	42,700
Series C common stock | Common stock
Business Acquisition [Line Items]
Less: Fair value of Liberty Broadband shares attributable to share repurchase			$ (1)
GCI Liberty Inc
Business Acquisition [Line Items]
Total fair value of consideration	$ 10,003
Less: Fair value of Liberty Broadband shares attributable to share repurchase	(6,739)
Total fair value of consideration attributable to business combination	3,264
Less: Fair value of share-based payment replacement awards accounted for as liability awards	(1)
Total fair value of acquisition consideration to be allocated	$ 3,060
Business combination shares issued ratio	0.58
Conversion ratio	1
GCI Liberty Inc | Share based payments awards
Business Acquisition [Line Items]
Total fair value of consideration	$ 105
GCI Liberty Inc | Preferred Stock
Business Acquisition [Line Items]
Total fair value of consideration	203
GCI Liberty Inc | Series C and B Common Stock | Common stock
Business Acquisition [Line Items]
Total fair value of consideration	$ 9,695
GCI Liberty Inc | Series C common stock
Business Acquisition [Line Items]
Number of shares issued | shares	61,300
GCI Liberty Inc | Series B common stock
Business Acquisition [Line Items]
Number of shares issued | shares	98

Acquisition - Purchase Price Al

Acquisition - Purchase Price Allocation (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 18, 2020
Business Acquisition [Line Items]
Cash and cash equivalents including restricted cash			$ 592
Property and equipment			1,109
Goodwill (note 7)	$ 755	$ 762	746
Intangible assets subject to amortization			639
Deferred income tax liabilities			(1,026)
Non-controlling interest			(12)
Total fair value of acquisition consideration to be allocated			$ (3,060)
GCI Liberty Inc
Business Acquisition [Line Items]
Cash and cash equivalents including restricted cash				$ 592
Receivables				339
Property and equipment				1,109
Goodwill (note 7)				755
Investment in Charter				3,494
Intangible assets not subject to amortization				587
Intangible assets subject to amortization				639
Other assets				302
Deferred revenue				(60)
Debt, including obligations under tower and finance leases				(2,772)
Indemnification liability				(336)
Deferred income tax liabilities				(1,026)
Preferred stock				(203)
Non-controlling interest				(12)
Other liabilities				(348)
Total fair value of acquisition consideration to be allocated				$ 3,060

Acquisition - Additional Acquis

Acquisition - Additional Acquisition Information (Details) - USD ($) $ in Millions		12 Months Ended
	Dec. 18, 2020	Dec. 31, 2021	Dec. 31, 2020
Business Acquisition [Line Items]
Intangible assets subject to amortization			$ 639
Increase to goodwill		$ 16
GCI Liberty Inc
Business Acquisition [Line Items]
Intangible assets subject to amortization	$ 639
Acquired goodwill deductible for income tax purposes	$ 134
Net earnings (loss) from continuing operations			$ 28
GCI Liberty Inc | Customer relationships
Business Acquisition [Line Items]
Useful life	14 years
GCI Liberty Inc | Right-to-use
Business Acquisition [Line Items]
Useful life	12 years

Acquisition - Pro Forma Revenue

Acquisition - Pro Forma Revenue and Net Earnings (Details) - GCI Liberty Inc $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2020 USD ($) $ / shares
Business Acquisition [Line Items]
Revenue	$ 968
Net earnings (loss)	695
Net earnings (loss) attributable to Liberty Broadband shareholders	$ 695
Basic net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (in dollars per share) | $ / shares	$ 3.82
Diluted net earnings (loss) attributable to Series A, Series B and Series C Liberty Broadband shareholders per common share (in dollars per share) | $ / shares	$ 3.79

Assets and Liabilities Measur_3

Assets and Liabilities Measured at Fair Value - Schedule of Assets and Liabilities (Details) - Recurring - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents	$ 288	$ 118
Indemnification obligation	50	324
Exchangeable senior debentures	1,373	1,428
Quoted prices in active markets for identical assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents	288	118
Significant other observable inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Indemnification obligation	50	324
Exchangeable senior debentures	$ 1,373	$ 1,428

Assets and Liabilities Measur_4

Assets and Liabilities Measured at Fair Value - Schedule of Realized and Unrealized Gains (Losses) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Realized and unrealized gains (losses) on financial instruments, net (note 5)	$ 334	$ 67	$ (83)
Indemnification Obligation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Realized and unrealized gains (losses) on financial instruments, net (note 5)	273	21	(9)
Exchangeable senior debentures
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Realized and unrealized gains (losses) on financial instruments, net (note 5)	$ 61	$ 46	$ (74)

Assets and Liabilities Measur_5

Assets and Liabilities Measured at Fair Value (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 18, 2020	Nov. 23, 2020	Aug. 27, 2020
1.75% Exchangeable Senior Debentures due 2046
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Interest rate (as a percent)	1.75%
1.25% Exchangeable Senior Debentures due 2050
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Interest rate (as a percent)	1.25%				1.25%
2.75% Exchangeable Senior Debentures due 2050
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Interest rate (as a percent)	2.75%					2.75%
Exchangeable senior debentures
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Change in fair value	$ (7)	$ (2)	$ 9
Exchangeable senior debentures | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Cumulative change	$ 1
Exchangeable senior debentures | 1.75% Exchangeable Senior Debentures due 2046 | Indemnification obligation
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Indemnity obligation recorded				$ 336
Exchangeable senior debentures | 1.75% Exchangeable Senior Debentures due 2046 | Indemnification obligation | LI LLC
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Interest rate (as a percent)	1.75%

Investment in Affiliates Accoun

Investment in Affiliates Accounted for Using the Equity Method (Details) - USD ($) $ in Millions	1 Months Ended	12 Months Ended
	Jan. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Investments in affiliates accounted for using the Equity Method
Carrying value of equity method investment		$ 11,433	$ 13,260
Charter.
Investments in affiliates accounted for using the Equity Method
Carrying value of equity method investment		11,400
Market value of equity method investment		$ 16,000
Ownership capped percentage		25.01%
Fully diluted ownership percentage		26%
Ownership percentage		30.90%
Series A common stock | Charter.
Investments in affiliates accounted for using the Equity Method
Equity investment shares sold	120,149	6,168,174	6,077,664
Proceeds from sale of equity method investments	$ 42	$ 3,000	$ 4,200

Investments in Affiliates Accou

Investments in Affiliates Accounted for Using the Equity Method - Excess Basis Allocation (Details) - USD ($) shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Excess basis allocation within memo accounts
Share of earnings (loss) of affiliates, net	$ 1,326	$ 1,194	$ 713
Loss on dilution of investment in affiliate	(63)	(102)	(184)
Charter.
Excess basis allocation within memo accounts
Property and equipment	524	661
Customer relationships	2,230	2,537
Franchise fees	3,809	3,828
Trademarks	29	29
Goodwill	3,975	4,024
Debt	(450)	(535)
Deferred income tax liability	(1,505)	(1,626)
Total	8,612	8,918
Share of earnings (loss) of affiliates, net	1,326	1,194	713
Amortization of Deferred Charges	232	234	144
Loss on dilution of investment in affiliate	$ (63)	$ (102)	$ (184)
Charter. | Series A common stock
Excess basis allocation within memo accounts
Exercise of preemptive right to purchase Charter shares			35
Exercise of preemptive right to purchase Charter shares			$ 15
Charter. | Customer relationships
Excess basis allocation within memo accounts
Remaining useful lives of customer relationships	8 years
Charter. | Property, Plant and Equipment
Excess basis allocation within memo accounts
Remaining useful lives of property and equipment	5 years

Investment in Affiliates Acco_2

Investment in Affiliates Accounted for Using the Equity Method -Summarized Financial Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Investments in affiliates accounted for using the Equity Method
Current assets	$ 660	$ 459
Property and equipment, net	1,011	1,031
Goodwill	755	762	$ 746
Other assets	180	296
Total assets	15,142	16,968
Current liabilities	1,675	582
Deferred income taxes	2,040	1,998
Long-term debt	3,801	3,761
Other liabilities	150	189
Equity	8,483	10,127
Total liabilities and shareholders' equity	15,142	16,968
Operating costs and expenses (excluding depreciation and amortization)	253	282	20
Depreciation and amortization	262	267	15
Total operating costs and expenses	1,014	1,086	111
Operating income (loss)	(39)	(98)	(60)
Other income (expense), net	(70)	(6)	3
Income tax benefit (expense)	(277)	(218)	37
Net earnings (loss)	1,257	732	398
Net earnings (loss) attributable to Liberty Broadband shareholders	1,257	732	398
Charter.
Investments in affiliates accounted for using the Equity Method
Current assets	4,017	3,566
Property and equipment, net	36,039	34,310
Goodwill	29,563	29,562
Intangible assets, net	70,135	71,406
Other assets	4,769	3,647
Total assets	144,523	142,491
Current liabilities	12,065	12,458
Deferred income taxes	19,058	19,096
Long-term debt	96,093	88,564
Other liabilities	4,758	4,217
Equity	12,549	18,156
Total liabilities and shareholders' equity	144,523	142,491
Revenue	54,022	51,682	48,097
Operating costs and expenses (excluding depreciation and amortization)	32,876	31,482	29,930
Depreciation and amortization	8,903	9,345	9,704
Other operating expenses, net	281	329	58
Total operating costs and expenses	42,060	41,156	39,692
Operating income (loss)	11,962	10,526	8,405
Interest expense, net	(4,556)	(4,037)	(3,848)
Other income (expense), net	56	(101)	(255)
Income tax benefit (expense)	(1,613)	(1,068)	(626)
Net earnings (loss)	5,849	5,320	3,676
Less: Net income attributable to noncontrolling interests	(794)	(666)	(454)
Net earnings (loss) attributable to Liberty Broadband shareholders	$ 5,055	$ 4,654	$ 3,222

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Rollforward (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Goodwill [Roll Forward]
Balance at the beginning of the period	$ 762	$ 746
Acquisition adjustments during measurement period		16
Dispositions	(7)
Balance at the end of the period	755	762
GCI Holdings
Goodwill [Roll Forward]
Balance at the beginning of the period	755	739
Acquisition adjustments during measurement period		16
Balance at the end of the period	755	755
Corporate and other.
Goodwill [Roll Forward]
Balance at the beginning of the period	7	7
Dispositions	$ (7)
Balance at the end of the period		$ 7

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Intangible Assets Subject to Amortization (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 662	$ 653
Accumulated Amortization	(146)	(80)
Net carrying amount	516	573
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	515	515
Accumulated Amortization	(91)	(49)
Net carrying amount	424	466
Other amortizable intangible assets
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	147	138
Accumulated Amortization	(55)	(31)
Net carrying amount	$ 92	$ 107

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Future Amortization Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill and Intangible Assets
Amortization expense	$ 67	$ 75	$ 6
Years ending December 31,
2023	61
2024	55
2025	52
2026	49
2027	$ 48

Debt - Summary of Debt (Details

Debt - Summary of Debt (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Nov. 23, 2020	Aug. 27, 2020
Debt Instrument [Line Items]
Outstanding principal	$ 3,817
Deferred financing costs	(2)	$ (4)
Total	3,801	3,761
Debt classified as current	(1,376)	(28)
Total long-term debt	2,425	3,733
2.75% Exchangeable Senior Debentures due 2050
Debt Instrument [Line Items]
Outstanding principal	575
Carrying value	$ 560	585
Interest rate (as a percent)	2.75%			2.75%
1.25% Exchangeable Senior Debentures due 2050
Debt Instrument [Line Items]
Outstanding principal	$ 825
Carrying value	$ 798	818
Interest rate (as a percent)	1.25%		1.25%
1.75% Exchangeable Senior Debentures due 2046
Debt Instrument [Line Items]
Outstanding principal	$ 15
Carrying value	$ 15	25
Interest rate (as a percent)	1.75%
Senior notes
Debt Instrument [Line Items]
Outstanding principal	$ 600
Carrying value	628	632
Line of credit
Debt Instrument [Line Items]
Outstanding principal	397
Carrying value	397	399
Wells Fargo note payable
Debt Instrument [Line Items]
Outstanding principal	5
Carrying value	5	6
SPV | Margin Loan Facility
Debt Instrument [Line Items]
Outstanding principal	1,400
Carrying value	$ 1,400	$ 1,300

Debt (Details)

Debt (Details) - USD ($)							12 Months Ended
	May 12, 2021	Dec. 18, 2020	Nov. 23, 2020	Aug. 27, 2020	Aug. 12, 2020	Jun. 18, 2018	Dec. 31, 2022	Nov. 08, 2022	Oct. 03, 2022	Dec. 31, 2021
2.75% Exchangeable Senior Debentures due 2050
Debt disclosures
Carrying value							$ 560,000,000			$ 585,000,000
Principal amount				$ 575,000,000
Interest rate (as a percent)				2.75%			2.75%
Percentage of redemption and purchase price				100%
2.75% Exchangeable Senior Debentures due 2050 | Charter. | Series A common stock
Debt disclosures
Shares attributable to debentures per $1,000 original principal amount of Debentures				1.1661
Total shares attributable to debentures				670,507
Debt instrument, face amount per debenture				$ 1,000
Exchange price of shares attributable to debentures				$ 857.56
Exchangeable Senior Debentures Option
Debt disclosures
Principal amount			$ 75,000,000	$ 75,000,000
1.25% Exchangeable Senior Debentures due 2050
Debt disclosures
Carrying value							$ 798,000,000			818,000,000
Principal amount			$ 825,000,000
Interest rate (as a percent)			1.25%				1.25%
Percentage of redemption and purchase price			100%
1.25% Exchangeable Senior Debentures due 2050 | Charter. | Series A common stock
Debt disclosures
Shares attributable to debentures per $1,000 original principal amount of Debentures			1.1111
Total shares attributable to debentures			916,657
Debt instrument, face amount per debenture			$ 1,000
Exchange price of shares attributable to debentures			$ 900
1.75% Exchangeable Senior Debentures due 2046
Debt disclosures
Carrying value							$ 15,000,000			25,000,000
Interest rate (as a percent)							1.75%
1.75% Exchangeable Senior Debentures due 2046 | GCI Liberty Inc
Debt disclosures
Principal amount						$ 15,000,000
Fair value of debt		$ 26,000,000
Interest rate (as a percent)						1.75%
Percentage of redemption and purchase price						100%
1.75% Exchangeable Senior Debentures due 2046 | Charter. | GCI Liberty Inc
Debt disclosures
Shares attributable to debentures per $1,000 original principal amount of Debentures						2.6989
Total shares attributable to debentures						39,231
Debt instrument, face amount per debenture						$ 1,000
Exchange price of shares attributable to debentures						$ 370.52
Line of credit
Debt disclosures
Carrying value							$ 397,000,000			399,000,000
SPV | Margin Loan Facility
Debt disclosures
Carrying value							$ 1,400,000,000			$ 1,300,000,000
Number of business days prior to the maturity date							5 days
Remaining borrowing capacity							$ 900,000,000
SPV | Margin Loan Facility | Charter. | Asset Pledged as Collateral
Debt disclosures
Shares owned							37,300,000
Additional shares pledged as collateral									6,000,000
Value of pledged collateral							$ 12,700,000,000
SPV | Margin Loan Facility | Three-month LIBOR
Debt disclosures
Interest rate basis					three-month LIBOR
Basis spread on variable rate	1.50%	1.85%			1.50%
SPV | Term loan
Debt disclosures
Maximum borrowing capacity								$ 1,150,000,000
SPV | Revolving Credit Facility
Debt disclosures
Maximum borrowing capacity								1,150,000,000
SPV | Uncommitted Incremental Term Loan Facility
Debt disclosures
Maximum borrowing capacity								$ 200,000,000

Debt - Senior Notes and Senior

Debt - Senior Notes and Senior Credit Facility (Details) - USD ($) $ in Millions	Oct. 15, 2021	Dec. 18, 2020	Oct. 15, 2020	Dec. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Outstanding principal				$ 3,817
Fair value of debt				1,373	$ 25
Senior Notes
Debt Instrument [Line Items]
Fair value of debt				506
Senior Notes | GCI Liberty Inc
Debt Instrument [Line Items]
Outstanding principal		$ 600
Interest rate (as a percent)		4.75%
Aggregate unamortized premium				28
Line of credit
Debt Instrument [Line Items]
Outstanding principal				397
Senior Credit Facility | GCI, LLC
Debt Instrument [Line Items]
First lien leverage ratio	4
Amount available for borrowing				397
Revolving Credit Facility | GCI, LLC
Debt Instrument [Line Items]
Outstanding principal				150
Principal amount	$ 550
Proceeds from revolving credit facility	$ 150
Revolving Credit Facility | LIBOR | GCI, LLC
Debt Instrument [Line Items]
Interest rate basis	LIBOR		LIBOR
Revolving Credit Facility | LIBOR | Minimum | GCI, LLC
Debt Instrument [Line Items]
Basis spread on variable rate	1.50%		1.50%
Revolving Credit Facility | LIBOR | Maximum | GCI, LLC
Debt Instrument [Line Items]
Basis spread on variable rate	2.75%		2.75%
Revolving Credit Facility | Alternate base rate | GCI, LLC
Debt Instrument [Line Items]
Interest rate basis	alternate base rate		alternate base rate
Revolving Credit Facility | Alternate base rate | Minimum | GCI, LLC
Debt Instrument [Line Items]
Basis spread on variable rate	0.50%		0.50%
Revolving Credit Facility | Alternate base rate | Maximum | GCI, LLC
Debt Instrument [Line Items]
Basis spread on variable rate	1.75%		1.75%
Standby Letters of Credit | GCI, LLC
Debt Instrument [Line Items]
Outstanding principal				3
Principal amount	$ 25
Term Loan A | GCI, LLC
Debt Instrument [Line Items]
Outstanding principal				247
Principal amount	$ 250
Percentage of original principal amount	0.25%
Change in percentage of original principal amount	1.25%
Term Loan A | Minimum | GCI, LLC
Debt Instrument [Line Items]
Basis spread on variable rate	2%
Term Loan A | Maximum | GCI, LLC
Debt Instrument [Line Items]
Basis spread on variable rate	3.25%
Term Loan A | LIBOR | GCI, LLC
Debt Instrument [Line Items]
Interest rate basis	LIBOR
Term Loan A | Alternate base rate | Minimum | GCI, LLC
Debt Instrument [Line Items]
Basis spread on variable rate	1%
Term Loan A | Alternate base rate | Maximum | GCI, LLC
Debt Instrument [Line Items]
Basis spread on variable rate	2.25%
Term Loan B | GCI, LLC
Debt Instrument [Line Items]
Repayment of debt	$ 400
Term Loan B | LIBOR | GCI, LLC
Debt Instrument [Line Items]
Interest rate basis			LIBOR
Basis spread on variable rate			2.75%
Term Loan B | LIBOR | Minimum | GCI, LLC
Debt Instrument [Line Items]
Interest rate (as a percent)			0.75%
Term Loan B | Alternate base rate | GCI, LLC
Debt Instrument [Line Items]
Interest rate basis			alternate base rate
Basis spread on variable rate			1.75%
Wells Fargo Notes Payable | GCI Liberty Inc
Debt Instrument [Line Items]
Outstanding principal		$ 6		$ 5	$ 6
Wells Fargo Notes Payable | LIBOR | GCI Liberty Inc
Debt Instrument [Line Items]
Interest rate basis		LIBOR
Basis spread on variable rate		2.25%

Debt - Annual Principal Maturit

Debt - Annual Principal Maturities of Debt (Details) $ in Millions	Dec. 31, 2022 USD ($)
Debt
2023	$ 3
2024	1,403
2025	3
2026	153
2027	$ 238

Leases (Details)

Leases (Details) - GCI Holdings	12 Months Ended
	Dec. 31, 2022
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Existence of Option to Extend [true false]	true
Lessee, Operating Lease, Existence of Option to Terminate [true false]	true
Minimum
Lessee, Lease, Description [Line Items]
Lease term (in years)	1 year
Operating lease, renewal term	3 years
Termination period	30 days
Maximum
Lessee, Lease, Description [Line Items]
Lease term (in years)	28 years
Operating lease, renewal term	36 years
Termination period	15 years

Leases - Lease Expense (Details

Leases - Lease Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Leases
Total operating lease cost	$ 59	$ 60	$ 3
Finance lease cost
Depreciation of leased assets	1	1	1
Total finance lease cost	$ 1	$ 1	$ 1

Leases - Weighted Average Term

Leases - Weighted Average Term and Discount Rate (Details)	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Weighted-average remaining lease term (years):
Finance leases	3 years 6 months	4 years 6 months	3 years 1 month 6 days
Operating leases	3 years 10 months 24 days	4 years 2 months 12 days	4 years 9 months 18 days
Weighted-average discount rate:
Finance leases	4.30%	4.30%	3.90%
Operating leases	6%	4%	4.20%

Leases - Supplemental Balance S

Leases - Supplemental Balance Sheet Information (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Operating leases:
Operating lease ROU assets, net	$ 114	$ 154
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other Assets, Noncurrent	Other Assets, Noncurrent
Current operating lease liabilities	$ 45	$ 50
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Other Liabilities, Current	Other Liabilities, Current
Operating lease liabilities	$ 65	$ 102
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Other Liabilities, Noncurrent	Other Liabilities, Noncurrent
Total lease liabilities	$ 110	$ 152
Operating Lease, Liability, Statement of Financial Position [Extensible List]	Other Liabilities, Current, Other Liabilities, Noncurrent	Other Liabilities, Current, Other Liabilities, Noncurrent
Finance Leases:
Property and equipment under finance leases	$ 4	$ 4
Accumulated depreciation	(1)	(1)
Property and equipment, net	$ 3	$ 3
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization	Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization
Current obligations under finance leases	$ 1	$ 1
Finance Lease, Liability, Current, Statement of Financial Position [Extensible List]	Other Liabilities, Current	Other Liabilities, Current
Obligations under finance leases	$ 2	$ 2
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Other Liabilities, Noncurrent	Other Liabilities, Noncurrent
Total finance lease liabilities	$ 3	$ 3
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Other Liabilities, Current, Other Liabilities, Noncurrent	Other Liabilities, Current, Other Liabilities, Noncurrent

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases	$ 57	$ 55	$ 3
Financing cash outflows from finance leases	1	2
ROU assets obtained in exchange for lease obligations
Operating leases	$ 11	$ 108

Leases - Future Lease Payments

Leases - Future Lease Payments (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Finance Leases
2023	$ 1
2024	1
2025	1
Total payments	3
Total liabilities	3	$ 3
Operating Leases
2023	47
2024	44
2025	9
2026	7
2027	4
Thereafter	14
Total payments	125
Less: imputed interest	15
Total liabilities	110	$ 152
Tower Obligations
2023	8
2024	8
2025	8
2026	8
2027	8
Thereafter	100
Total payments	140
Less: imputed interest	54
Total liabilities	$ 86

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Current:
Federal	$ (222)	$ (233)
State and local	(1)
Total current income tax expense	(223)	(233)
Deferred:
Federal	(51)	4	$ (116)
State and local	(3)	11	153
Total deferred income tax expense	(54)	15	37
Income tax benefit (expense)	$ (277)	$ (218)	$ 37

Income Taxes - Income Tax Recon

Income Taxes - Income Tax Reconciliation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Differences between provision for income taxes and income tax expense computed by applying federal rates
US federal income tax rate	21%	21%	21%
Computed expected tax benefits (expense)	$ (322)	$ (200)	$ (76)
State and local taxes, net of federal income taxes	(4)	(8)	(12)
Nontaxable equity contribution	41	2	(1)
Change in valuation allowance	1	4	(3)
Sale of consolidated subsidiary	15
Change in tax rate - other		14	133
Executive compensation	(7)	(14)	(1)
Litigation settlement		(22)
Other	(1)	6	(3)
Income tax benefit (expense)	$ (277)	$ (218)	$ 37

Income Taxes - Deferred Taxes (

Income Taxes - Deferred Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Deferred tax assets:
Tax loss and tax credit carryforwards	$ 32	$ 96
Accrued stock-based compensation	16	14
Deferred revenue	20	13
Debt		6
Operating lease liabilities	31	42
Other accrued liabilities	28	15
Other future deductible amounts	41	42
Total deferred tax assets	168	228
Less: valuation allowance	(1)	(7)
Net deferred tax assets	167	221
Deferred tax liabilities:
Investments	(1,688)	(1,677)
Fixed assets	(201)	(206)
Intangible assets	(276)	(293)
Debt	(10)
Operating lease ROU assets	(32)	(43)
Total deferred tax liabilities	(2,207)	(2,219)
Net deferred tax asset (liability)	(2,040)	$ (1,998)
Decrease in valuation allowance	(6)
Decrease is valuation allowance affecting tax expense	(1)
Decrease in allowance affecting equity	$ (5)

Income Taxes - Carryforwards (D

Income Taxes - Carryforwards (Details) $ in Millions	Dec. 31, 2022 USD ($)
Income Taxes
Tax credit carryforward after tax	$ 32
Loss carryforward with no expiration	14
Operating loss carryforwards expected to be unutilized	$ 1

Stockholders Equity (Details)

Stockholders Equity (Details)			12 Months Ended
	Dec. 13, 2022 $ / shares	Dec. 18, 2020 USD ($) period $ / shares	Dec. 31, 2022 USD ($) Vote item $ / shares shares	Dec. 31, 2021 USD ($) $ / shares shares	Dec. 31, 2020 USD ($) shares
Preferred stock, additional shares authorized			42,700,000
Preferred stock vote per share | $			0.33
Preferred stock fair value | $		$ 203,000,000	$ 166,000,000
Liquidation price per share | $ / shares		$ 25
Dividend rate		7%
Failure to pay cash dividends, number of periods | period		4
Potential increase in dividend rate, over four dividend periods		2%
Preferred stock, dividends declared per share | $ / shares	$ 0.44
Stock Buyback Program
Remaining authorized repurchase amount | $			$ 2,000,000
Series A common stock
Number Of Votes | Vote			1
Common Stock, Par or Stated Value Per Share | $ / shares			$ 0.01	$ 0.01
Series A common stock | Stock Buyback Program
Number of shares repurchased					0
Series B common stock
Number Of Votes | Vote			10
Common Stock Shares Received In Exchange For One Share Of Series B | item			1
Common Stock, Par or Stated Value Per Share | $ / shares			$ 0.01	$ 0.01
Series B common stock | Stock Buyback Program
Number of shares repurchased			0	0	0
Series C common stock
Number Of Votes | Vote			0
Common Stock, Par or Stated Value Per Share | $ / shares			$ 0.01	$ 0.01
Series C common stock | Stock Buyback Program
Number of shares repurchased					4,000,000
Value of stock repurchased | $					$ 597,000,000
Common Class A And C | Stock Buyback Program
Number of shares repurchased			24,200,000	26,000,000
Value of stock repurchased | $			$ 2,900,000,000	$ 4,300,000,000
Series A Cumulative Redeemable Preferred Stock.
Preferred stock, shares authorized			7,300,000
Preferred shares, shares issued			7,183,812
Preferred shares, shares outstanding			7,183,812
Common Class B and C
Common Stock, Capital Shares Reserved for Future Issuance			4,000,000

Stockholders' Equity - Exchange

Stockholders' Equity - Exchange Agreement with Chairman (Details) - shares	Jan. 23, 2023	Jul. 19, 2022	Jun. 13, 2022
Series B common stock
Stockholders' Equity
Exchanged shares		211,255	215,647
Series B common stock | Subsequent event
Stockholders' Equity
Exchanged shares	54,247
Board of Directors Chairman
Stockholders' Equity
Target voting power percentage			49%
Certain circumstances percentage			0.50%

Stock-Based Compensation - Comp

Stock-Based Compensation - Compensation expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Stock-Based Compensation
Stock-based compensation	$ 37	$ 41	$ 9

Stock-Based Compensation - Ince

Stock-Based Compensation - Incentive Plans and Grants of Stock Awards (Details) shares in Thousands		12 Months Ended
	Dec. 18, 2020 shares	Dec. 31, 2022 $ / shares shares	Dec. 31, 2021 $ / shares shares	Dec. 31, 2020 item $ / shares shares
Fair value assumptions
Dividend rate		0%	0%	0%
Minimum
Fair value assumptions
Expected term		5 years 1 month 6 days	5 years 1 month 6 days	5 years 1 month 6 days
Volatility rate		25.10%	25.10%	25.10%
Maximum
Fair value assumptions
Expected term		5 years 3 months 18 days	5 years 3 months 18 days	5 years 3 months 18 days
Volatility rate		29.70%	29.70%	29.70%
Options | Series A common stock
Stock Based Compensation
Options granted (in shares)		0	0	0
Options | Series B common stock
Stock Based Compensation
Options granted (in shares)		0	0	0
Options | CEO
Stock Based Compensation
Number of upfront awards | item				1
Options | CEO | Series C common stock
Stock Based Compensation
Options granted (in shares)		136	167	389
Options grant date fair value | $ / shares		$ 39.10	$ 40.05	$ 38.23
Options | Employee | Series C common stock
Stock Based Compensation
Options granted (in shares)		11	30	151
Options grant date fair value | $ / shares		$ 30.43	$ 40.61	$ 41.06
Options | Employee | Series C common stock | Minimum
Stock Based Compensation
Vesting period		2 years
Options | Employee | Series C common stock | Maximum
Stock Based Compensation
Vesting period		4 years
Options | Non-employee | Director | Series C common stock
Stock Based Compensation
Vesting period		1 year
Options granted (in shares)		24	26	15
Options grant date fair value | $ / shares		$ 30.43	$ 41.71	$ 37.78
RSUs | Employees, Employees Of Subsidiaries and Non- Employee Directors | Series C common stock
Stock Based Compensation
RSUs granted (in shares)		227	79	17
RSUs grant date fair value | $ / shares		$ 120.70	$ 153.34	$ 115.62
Time Based RSUs | CEO | Series C common stock
Stock Based Compensation
RSUs granted (in shares)				2
RSUs grant date fair value | $ / shares				$ 120.71
Percentage of base salary				50%
Number of quarters | item				3
Percentage of base salary to be waived				50%
Time Based RSUs | Employee | Employees and Employees of Subsidiaries | Series C common stock | Minimum
Stock Based Compensation
Vesting period		1 year
Time Based RSUs | Employee | Employees and Employees of Subsidiaries | Series C common stock | Maximum
Stock Based Compensation
Vesting period		4 years
Time Based RSUs | Non-employee | Director | Series C common stock
Stock Based Compensation
Vesting period		1 year
Performance Based RSUs | Employees, Employees Of Subsidiaries and Non- Employee Directors | Series C common stock
Stock Based Compensation
Vesting period		1 year
GCI Liberty Inc
Stock Based Compensation
Business combination shares issued ratio	0.58
GCI Liberty Inc | Options
Stock Based Compensation
Business combination shares issued ratio	0.58
GCI Liberty Inc | RSUs
Stock Based Compensation
Business combination shares issued ratio	0.58
GCI Liberty Inc | Restricted Stock
Stock Based Compensation
Business combination shares issued ratio	0.58
2019 Plan
Stock Based Compensation
Number of authorized shares		6,000
Shares converted	3,700
2019 Plan | Minimum
Stock Based Compensation
Vesting period		1 year
Term of awards		7 years
2019 Plan | Maximum
Stock Based Compensation
Vesting period		5 years
Term of awards		10 years

Stock-Based Compensation - Outs

Stock-Based Compensation - Outstanding Awards and Exercises (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Awards
Compensation cost not yet recognized
Unrecognized compensation cost options	$ 41
Period over which unrecognized compensation cost will be recognized	1 year 1 month 6 days
Awards | Series A common stock
Options
Outstanding ending balance (in shares)	0
Awards | Series C common stock
Options
Outstanding beginning balance (in shares)	3,483
Options granted (in shares)	172
Exercised (in shares)	(53)
Outstanding ending balance (in shares)	3,602	3,483
Number of awards exercisable (in shares)	2,412
WAEP
WAEP Outstanding beginning balance (in dollars per share)	$ 96.61
WAEP Options granted (in dollars per share)	128.15
WAEP options exercised (in dollars per share)	62.51
WAEP Outstanding ending balance (in dollars per share)	98.62	$ 96.61
WAEP options exercisable (in dollars per share)	$ 76.78
Options additional disclosures
Weighted average remaining contractual life outstanding	3 years 4 months 24 days
Weighted average remaining contractual life exercisable	2 years 9 months 18 days
Aggregate intrinsic value outstanding	$ 43
Aggregate intrinsic value exercisable	$ 43
Awards | Series B and Series C common stock
Compensation cost not yet recognized
Shares reserved for future issuance upon exercise of stock options	4,000
Options
Options additional disclosures
Aggregate intrinsic value of options exercised during period	$ 3	$ 27	$ 1
Options | Series A common stock
Options
Options granted (in shares)	0	0	0
Options | Series B common stock
Options
Options granted (in shares)	0	0	0
Options | CEO | Series B common stock
Options
Exercised (in shares)	(37)	(370)
Outstanding ending balance (in shares)	315
WAEP
WAEP options exercised (in dollars per share)	$ 97.21
WAEP Outstanding ending balance (in dollars per share)	$ 96.25
Options additional disclosures
Weighted average remaining contractual life outstanding	1 year 4 months 24 days
Aggregate intrinsic value outstanding	$ 0
Options | CEO | Series C common stock
Options
Options granted (in shares)	136	167	389

Stock-based Compensation - Othe

Stock-based Compensation - Other than Options (Details) - Restricted Stock and Restricted Stock Units - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Common Stock Class A and C
Stock Based Compensation
Fair value of outstanding grants	$ 18	$ 28	$ 5
Common Stok Class A and C, Series A cumulative redeemable preferred stock
Stock Based Compensation
Unvested shares outstanding	306
Weighted average grant date fair value awards outstanding unvested (in dollars per share)	$ 130.71

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Employee Benefit Plans
Employer cash contribution	$ 12	$ 12	$ 1

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Millions						3 Months Ended	6 Months Ended	12 Months Ended
	Nov. 08, 2021 USD ($)	Oct. 18, 2021 USD ($)	May 05, 2021 USD ($)	Oct. 09, 2020 plaintiff	Oct. 10, 2018 USD ($)	Sep. 30, 2021 USD ($) item	Dec. 31, 2021 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2019 USD ($)
Other Commitments [Line Items]
Litigation settlement expense								$ 67	$ 95
Charter And Liberty Broadband Delaware Litigation
Other Commitments [Line Items]
Litigation settlement expense								38
Hollywood Firefighters' Pension Fund et al Versus GCI Liberty, Inc. et al
Other Commitments [Line Items]
Number of plaintiffs | plaintiff				2
Litigation settlement expense	$ 9	$ 22	$ 110				$ 110
Insurance recoveries						$ 24
Number of insurance carriers | item						5
Rural Health Care ("RHC") Program | GCI Holdings
Other Commitments [Line Items]
Reduction of rural rate					26%
Reduction in support payment due to reduction of rural rate					$ 28
Account receivables collected									$ 175
Rural Health Care ("RHC") Program | GCI Holdings | Trade and other receivable
Other Commitments [Line Items]
Net accounts receivable								80
GCI Holdings | Rural Health Care ("RHC") Program
Other Commitments [Line Items]
Litigation settlement expense								15
Estimated Litigation Liability								27		$ 12
GCI Holdings | Minimum | Rural Health Care ("RHC") Program
Other Commitments [Line Items]
Potential additional loss								0
GCI Holdings | Maximum | Rural Health Care ("RHC") Program
Other Commitments [Line Items]
Potential additional loss								30
GCI Holdings | Rural Health Care ("RHC") Program
Other Commitments [Line Items]
Litigation settlement expense								14
Estimated Litigation Liability								$ 14

Segment Information (Details)

Segment Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment information
Revenue	$ 975	$ 988	$ 51
Adjusted OIBDA	327	305	(14)
Total assets	15,142	16,968
Investments in affiliates	11,433	13,261
Capital expenditures	181	134
GCI Holdings
Segment information
Revenue	969	970	34
GCI Holdings | Lease, grant, and revenue from subsidies
Segment information
Revenue	$ 77	77	3
Charter
Segment information
Financial results included in the disclosure (as a percent)	100%
Operating segments | GCI Holdings
Segment information
Revenue	$ 969	970	34
Adjusted OIBDA	358	354	10
Total assets	3,378	3,451
Capital expenditures	181	134
Operating segments | Charter
Segment information
Revenue	54,022	51,682	48,097
Adjusted OIBDA	21,335	20,301	18,460
Total assets	144,523	142,491
Capital expenditures	9,376	7,635
Corporate and other
Segment information
Revenue	6	18	17
Adjusted OIBDA	(31)	(49)	(24)
Total assets	11,764	13,517
Investments in affiliates	11,433	13,261
Operating Segments and Corporate and Other
Segment information
Revenue	54,997	52,670	48,148
Adjusted OIBDA	21,662	20,606	18,446
Total assets	159,665	159,459
Investments in affiliates	11,433	13,261
Capital expenditures	9,557	7,769
Eliminate equity method affiliate
Segment information
Revenue	(54,022)	(51,682)	(48,097)
Adjusted OIBDA	(21,335)	(20,301)	(18,460)
Total assets	(144,523)	(142,491)
Capital expenditures	(9,376)	(7,635)
United States
Segment information
Revenue	$ 975	986	49
Other countries
Segment information
Revenue		$ 2	$ 2

Segment Information - Reconcili

Segment Information - Reconciliation Of Segment Adjusted OIBDA (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Reconciliation of consolidated segment Adjusted OIBDA to earnings (loss) before income taxes
Adjusted OIBDA	$ 327	$ 305	$ (14)
Stock-based compensation	(37)	(41)	(9)
Depreciation and amortization	(262)	(267)	(15)
Litigation settlement, net of recoveries	(67)	(95)
Transaction costs			(22)
Operating income (loss)	(39)	(98)	(60)
Interest expense	(133)	(117)	(28)
Share of earnings (loss) of affiliates, net	1,326	1,194	713
Gain (loss) on dilution of investment in affiliate	(63)	(102)	(184)
Realized and unrealized gains (losses) on financial instruments, net	334	67	(83)
Gain (loss) on dispositions, net (note 1)	179	12
Other, net	(70)	(6)	3
Earnings (loss) before income taxes	$ 1,534	$ 950	$ 361