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Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Segment Reporting

			For the Year Ended December 31, 2023
(In millions)			Texas						East						West/Services/Other						Vivint Smart Home(a)						Corporate(b)						Eliminations						Total
Revenue(b)			$	10,476					$	12,547					$	4,281					$	1,549					$	—					$	(30)					$	28,823
Operating expenses			8,407						14,412						5,025						917						133						(30)						28,864
Depreciation and amortization			294						116						95						586						36						—						1,127
Impairment losses			2						4						20						—						—						—						26
Total operating cost and expenses			8,703						14,532						5,140						1,503						169						(30)						30,017
Gain on sale of assets			1,319						259						—						—						—						—						1,578
Operating income/(loss)			3,092						(1,726)						(859)						46						(169)						—						384
Equity in earnings of unconsolidated affiliates			—						—						16						—						—						—						16
Impairment losses on investments			—						—						(102)						—						—						—						(102)
Other income, net			2						11						6						(12)						56						(16)						47
Gain on debt extinguishment			—						—						—						—						109						—						109
Interest expense			(3)						(3)						(31)						(177)						(469)						16						(667)
Income/(loss) before income taxes			3,091						(1,718)						(970)						(143)						(473)						—						(213)
Income tax (benefit)/expense(c)			—						—						(111)						(32)						132						—						(11)
Net income/(loss)			$	3,091					$	(1,718)					$	(859)					$	(111)					$	(605)					$	—					$	(202)
Balance sheet
Equity investments in affiliates			$	—					$	—					$	42					$	—					$	—					$	—					$	42
Capital expenditures			495						5						27						18						53						—						598
Goodwill			643						721						221						3,494						—						—						5,079
Total assets			$	8,236					$	13,712					$	3,626					$	7,043					$	19,919					$	(26,498)					$	26,038

(a) Includes results of operations following the acquisition date of March 10, 2023
(b) Inter-segment sales and inter-segment net derivative gains and losses included in revenues			$	5					$	9					$	16					$	—					$	—					$	—					$	30
(c) Consolidated domestic federal and state income taxes are recorded to the Corporate segment, except for Vivint Smart Home which is recorded directly to the Vivint Smart Home segment. West/Services/Other amounts represent foreign income taxes

			For the Year Ended December 31, 2022
(In millions)			Texas						East						West/Services/Other						Corporate(a)						Eliminations						Total
Revenue(a)			$	10,057					$	16,763					$	4,706					$	—					$	17					$	31,543
Operating expenses			8,495						16,031						4,108						86						17						28,737
Depreciation and amortization			310						208						85						31						—						634
Impairment losses			—						206						—						—						—						206
Total operating cost and expenses			8,805						16,445						4,193						117						17						29,577
Gain/(loss) on sale of assets			10						—						45						(3)						—						52
Operating income/(loss)			1,262						318						558						(120)						—						2,018
Equity in (losses)/earnings of unconsolidated affiliates			(2)						—						8						—						—						6
Other income, net			5						10						3						54						(16)						56
Interest expense			—						(1)						(32)						(400)						16						(417)
Income/(loss) before income taxes			1,265						327						537						(466)						—						1,663
Income tax expense(b)			—						1						57						384						—						442
Net income/(loss)			$	1,265					$	326					$	480					$	(850)					$	—					$	1,221
Balance sheet
Equity investments in affiliates			$	—					$	—					$	133					$	—					$	—					$	133
Capital expenditures			273						7						37						50						—						367
Goodwill			710						723						217						—						—						1,650
Total assets			$	11,475					$	19,526					$	8,139					$	35,780					$	(45,774)					$	29,146

(a) Inter-segment sales and inter-segment net derivative gains and losses included in revenues			$	4					$	(26)					$	5					$	—					$	—					$	(17)
(b) Consolidated domestic federal and state income taxes are recorded to the Corporate segment. West/Services/Other amounts represent foreign income taxes

			For the Year Ended December 31, 2021
(In millions)			Texas						East						West/Services/Other						Corporate(a)						Eliminations						Total
Revenue(a)			$	10,295					$	13,025					$	3,659					$	—					$	10					$	26,989
Operating expenses			8,692						10,256						3,467						141						10						22,566
Depreciation and amortization			336						333						88						28						—						785
Impairment losses			—						535						9						—						—						544
Total operating cost and expenses			9,028						11,124						3,564						169						10						23,895
Gain on sale of assets			19						—						17						211						—						247
Operating income			1,286						1,901						112						42						—						3,341
Equity in (losses)/earnings of unconsolidated affiliates			(3)						—						20						—						—						17
Other income, net			8						7						3						59						(14)						63
Loss on debt extinguishment			—						—						—						(77)						—						(77)
Interest expense			(1)						(1)						(28)						(469)						14						(485)
Income/(loss) before income taxes			1,290						1,907						107						(445)						—						2,859
Income tax expense(b)			—						—						19						653						—						672
Net income/(loss)			$	1,290					$	1,907					$	88					$	(1,098)					$	—					$	2,187

(a) Inter-segment sales and inter-segment net derivative gains and losses included in revenues			$	5					$	(18)					$	3					$	—					$	—					$	(10)
(b) Consolidated domestic federal and state income taxes are recorded to the Corporate segment. West/Services/Other amounts represent foreign income taxes

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-25

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

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- References

No definition available.

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