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Noncontrolling Interests (Notes) | 9 Months Ended
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Sep. 30, 2021
Noncontrolling Interests [Abstract] |
Noncontrolling Interests | Noncontrolling Interests Noncontrolling interests represents consolidated subsidiaries of which the Company owns less than 100%. The Company is a holding company whose principal asset is a controlling equity interest in Charter Holdings, the indirect owner of the Company’s cable systems. Noncontrolling interests on the Company’s balance sheet consist primarily of A/N's equity interests in Charter Holdings, which is comprised of a common ownership interest and prior to June 18, 2021, a convertible preferred ownership interest. On June 18, 2021, the Company caused the conversion of all of A/N's 25 million Charter Holdings convertible preferred units into Charter Holdings common units. Each preferred unit was converted into 0.37334 Charter Holdings common units, representing a conversion price of $267.85 per unit, based on a conversion feature as defined in the Limited Liability Company Agreement of Charter Holdings, resulting in the issuance of a total of 9.3 million common units to A/N. Net income of Charter Holdings attributable to A/N’s common noncontrolling interest for financial reporting purposes is based on the weighted average effective common ownership interest of approximately 7% prior to conversion of the preferred units and 11% after conversion during 2021 and 8% during 2020, and was $190 million and $371 million for the three and nine months ended September 30, 2021, respectively, and $81 million and $186 million for the three and nine months ended September 30, 2020, respectively. Net income of Charter Holdings attributable to A/N's preferred noncontrolling interest for financial reporting purposes is based on the preferred dividend which was $70 million for the nine months ended September 30, 2021, and $37 million and $112 million for the three and nine months ended September 30, 2020, respectively. The following table represents Charter Holdings' purchase of Charter Holdings common units from A/N pursuant to the A/N Letter Agreement (see Note 19) and the effect on total shareholders' equity during the three and nine months ended September 30, 2021 and 2020.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Number of units purchased | 565,972 |  |  | 644,806 |  |  | 2,270,660 |  |  | 1,720,482 |
Average price per unit | $ | 724.50 |  |  | $ | 568.19 |  |  | $ | 660.52 |  |  | $ | 514.10 |
Amount of units purchased | $ | 410 |  |  | $ | 366 |  |  | $ | 1,500 |  |  | $ | 884 |
Decrease in noncontrolling interest based on carrying value | $ | (148) |  |  | $ | (163) |  |  | $ | (553) |  |  | $ | (427) |
Decrease in additional paid-in-capital, net of tax | $ | (197) |  |  | $ | (154) |  |  | $ | (713) |  |  | $ | (345) |
Total shareholders' equity was also adjusted during the three and nine months ended September 30, 2021 and 2020 due to the changes in Charter Holdings' ownership including the impact of the preferred unit conversion discussed above as follows.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Decrease in noncontrolling interest | $ | (290) |  |  | $ | (157) |  |  | $ | (1,798) |  |  | $ | (318) |
Increase in additional paid-in-capital, net of tax | $ | 219 |  |  | $ | 118 |  |  | $ | 1,353 |  |  | $ | 241 |
As a result of the preferred unit conversion, the preferred noncontrolling interest carrying amount of $3.2 billion was reclassified to common noncontrolling interest and remeasured to $2.0 billion representing the relative effective Charter Holdings common ownership amount in all Charter Holdings partnership capital account balances resulting in a $1.2 billion reclass from noncontrolling interest to additional paid-in capital. A deferred tax liability of $300 million was recorded with the offset to additional paid-in capital as part of the Charter Holdings ownership change equity adjustments.

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- Definition Noncontrolling Interests [Abstract] + References No definition available. + Details
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- Definition The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -URI http://asc.fasb.org/topic&trid=2197479 + Details
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