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Common Stock (Notes) | 12 Months Ended
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Dec. 31, 2022
Common Stock [Abstract] |
Common Stock | Common Stock Charter’s Class A common stock and Class B common stock are identical except with respect to certain voting, transfer and conversion rights. Holders of Class A common stock are entitled to one vote per share. Charter’s Class B common stock represents the share issued to A/N. One share of Charter’s Class B common stock has a number of votes reflecting the voting power of the Charter Holdings common units held by A/N as of the applicable record date on an as-exchanged basis, and is generally intended to reflect A/N’s economic interests in Charter Holdings. The following table summarizes our shares outstanding for the three years ended December 31, 2022:
| Class A Common Stock |  | Class B Common Stock
BALANCE, December 31, 2019 | 209,975,963 |  |  | 1 |
Issuance of equity | 55,294 |  |  | — |
Exercise of stock options | 3,160,065 |  |  | — |
Restricted stock issuances, net of cancellations | 5,992 |  |  | — |
Restricted stock unit vesting | 753,139 |  |  | — |
Purchase of treasury stock | (20,219,461) |  |  | — |
BALANCE, December 31, 2020 | 193,730,992 |  |  | 1 |
Exercise of stock options | 1,568,488 |  |  | — |
Restricted stock issuances, net of cancellations | 4,627 |  |  | — |
Restricted stock unit vesting | 664,771 |  |  | — |
Purchase of treasury stock | (23,227,642) |  |  | — |
BALANCE, December 31, 2021 | 172,741,236 |  |  | 1 |
Exercise of stock options | 552,442 |  |  | — |
Restricted stock issuances, net of cancellations | 6,845 |  |  | — |
Restricted stock unit vesting | 591,647 |  |  | — |
Purchase of treasury stock | (21,240,774) |  |  | — |
BALANCE, December 31, 2022 | 152,651,396 |  |  | 1 |
Share Repurchases The following represents the Company's purchase of Charter Class A common stock and the effect on the consolidated statements of cash flows during the years ended December 31, 2022, 2021 and 2020.
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
| Shares |  | $ |  | Shares |  | $ |  | Shares |  | $
Share buybacks | 20,628,464 |  |  | $ | 10,095 |  |  | 22,015,125 |  |  | $ | 15,038 |  |  | 18,444,203 |  |  | $ | 10,639 |
Income tax withholding | 310,391 |  |  | 182 |  |  | 586,008 |  |  | 393 |  |  | 1,022,783 |  |  | 578 |
Exercise cost | 301,919 |  |  |  |  | 626,509 |  |  |  |  | 752,475 |  |  |
| 21,240,774 |  |  | $ | 10,277 |  |  | 23,227,642 |  |  | $ | 15,431 |  |  | 20,219,461 |  |  | $ | 11,217 |
Share buybacks above include shares of Charter Class A common stock purchased from Liberty Broadband Corporation (“Liberty Broadband”) pursuant to the LBB Letter Agreement as follows (see Note 19).
| Year Ended December 31,
| 2022 |  | 2021
Number of shares purchased | 6,168,174 |  |  | 6,077,664 |
Amount of shares purchased | $ | 3,034 |  |  | $ | 4,179 |
In January 2023, the Company purchased from Liberty Broadband an additional 0.1 million shares of Charter Class A common stock for approximately $42 million. As of December 31, 2022, Charter had remaining board authority to purchase an additional $414 million of Charter’s Class A common stock and/or Charter Holdings common units, excluding purchases from Liberty Broadband. The Company also withholds shares of its Class A common stock in payment of income tax withholding owed by employees upon vesting of equity awards as well as exercise costs owed by employees upon exercise of stock options. In March 2020, pursuant to the terms of the Amended and Restated Stockholders Agreement among Liberty Broadband, A/N and Charter, dated May 23, 2015 (the "Stockholders Agreement"), Charter, Liberty and A/N closed on transactions in which Liberty Broadband and A/N exercised their preemptive right to purchase 35,112 and 20,182 shares, respectively, of Charter Class A common stock for a total purchase price of approximately $23 million. At the end of each fiscal year, Charter’s board of directors approves the retirement of the then currently outstanding treasury stock and those shares were retired as of December 31, 2022 and 2021. The Company accounts for treasury stock using the cost method and includes treasury stock as a component of total shareholders’ equity. Upon retirement, these treasury shares are allocated between additional paid-in capital and retained earnings (accumulated deficit) based on the cost of original issue included in additional paid-in capital.

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