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Segment Reporting (Tables) | 9 Months Ended
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Sep. 30, 2024
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment |
|  | Three months ended September 30, 2024
(In millions) |  | Texas |  | East |  | West/Services/Other |  | Vivint Smart Home |  | Corporate |  | Eliminations |  | Total
Revenue |  | $ | 3,301 |  |  | $ | 2,600 |  |  | $ | 833 |  |  | $ | 499 |  |  | $ | — |  |  | $ | (10) |  |  | $ | 7,223 |
Depreciation and amortization |  | 81 |  |  | 39 |  |  | 23 |  |  | 198 |  |  | 11 |  |  | — |  |  | 352 |
Gain on sale of assets |  | — |  |  | — |  |  | 208 |  |  | — |  |  | — |  |  | — |  |  | 208 |
Equity in earnings of unconsolidated affiliates |  | — |  |  | — |  |  | 6 |  |  | — |  |  | — |  |  | — |  |  | 6 |
(Loss)/income before income taxes |  | (1,056) |  |  | 89 |  |  | 148 |  |  | (37) |  |  | (158) |  |  | — |  |  | (1,014) |
Net (loss)/income |  | $ | (1,056) |  |  | $ | 88 |  |  | $ | 148 |  |  | $ | (29) |  |  | $ | 82 |  |  | $ | — |  |  | $ | (767) |
|  | Three months ended September 30, 2023
(In millions) |  | Texas |  | East |  | West/Services/Other |  | Vivint Smart Home |  | Corporate |  | Eliminations |  | Total
Revenue |  | $ | 3,686 |  |  | $ | 2,809 |  |  | $ | 978 |  |  | $ | 478 |  |  | $ | — |  |  | $ | (5) |  |  | $ | 7,946 |
Depreciation and amortization |  | 84 |  |  | 39 |  |  | 24 |  |  | 203 |  |  | 9 |  |  | — |  |  | 359 |
Equity in earnings of unconsolidated affiliates |  | — |  |  | — |  |  | 6 |  |  | — |  |  | — |  |  | — |  |  | 6 |
Income/(loss) before income taxes |  | 463 |  |  | 314 |  |  | (205) |  |  | (24) |  |  | (140) |  |  | — |  |  | 408 |
Net income/(loss) |  | $ | 463 |  |  | $ | 316 |  |  | $ | (168) |  |  | $ | (4) |  |  | $ | (264) |  |  | $ | — |  |  | $ | 343 |
|  | Nine months ended September 30, 2024
(In millions) |  | Texas |  | East |  | West/Services/Other |  | Vivint Smart Home |  | Corporate |  | Eliminations |  | Total
Revenue |  | $ | 8,297 |  |  | $ | 8,647 |  |  | $ | 2,962 |  |  | $ | 1,434 |  |  | $ | — |  |  | $ | (29) |  |  | $ | 21,311 |
Depreciation and amortization |  | 240 |  |  | 117 |  |  | 96 |  |  | 561 |  |  | 31 |  |  | — |  |  | 1,045 |
Impairment losses |  | — |  |  | — |  |  | 15 |  |  | — |  |  | — |  |  | — |  |  | 15 |
(Loss)/gain on sale of assets |  | (4) |  |  | — |  |  | 213 |  |  | — |  |  | — |  |  | — |  |  | 209 |
Equity in earnings of unconsolidated affiliates |  | — |  |  | — |  |  | 13 |  |  | — |  |  | — |  |  | — |  |  | 13 |
Loss on debt extinguishment |  | — |  |  | — |  |  | — |  |  | — |  |  | 260 |  |  | — |  |  | 260 |
Income/(loss) before income taxes |  | 259 |  |  | 1,116 |  |  | 69 |  |  | (59) |  |  | (652) |  |  | — |  |  | 733 |
Net income/(loss) |  | $ | 259 |  |  | $ | 1,116 |  |  | $ | 90 |  |  | $ | (51) |  |  | $ | (932) |  |  | $ | — |  |  | $ | 482 |
|  | Nine months ended September 30, 2023
(In millions) |  | Texas |  | East |  | West/Services/Other |  | Vivint Smart Home(a) |  | Corporate |  | Eliminations |  | Total
Revenue |  | $ | 8,235 |  |  | $ | 9,488 |  |  | $ | 3,244 |  |  | $ | 1,070 |  |  | $ | — |  |  | $ | (21) |  |  | $ | 22,016 |
Depreciation and amortization |  | 257 |  |  | 122 |  |  | 73 |  |  | 442 |  |  | 27 |  |  | — |  |  | 921 |
Gain on sale of assets |  | — |  |  | 202 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 202 |
Equity in earnings of unconsolidated affiliates |  | — |  |  | — |  |  | 16 |  |  | — |  |  | — |  |  | — |  |  | 16 |
Income/(loss) before income taxes |  | 1,532 |  |  | (1,188) |  |  | (684) |  |  | (86) |  |  | (440) |  |  | — |  |  | (866) |
Net income/(loss) |  | $ | 1,532 |  |  | $ | (1,187) |  |  | $ | (601) |  |  | $ | (66) |  |  | $ | (362) |  |  | $ | — |  |  | $ | (684) |
(a)Includes results of operations following the acquisition date of March 10, 2023

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