XML 36 R13.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Property, Plant And Equipment | 12 Months Ended
--- | ---
Dec. 31, 2024
Property, Plant And Equipment [Abstract] |
Property, Plant And Equipment | ‎ (6) Property, Plant, and Equipment: Property, plant, and equipment, net at December 31, 2024 and 2023 are as follows:
|  |  | Estimated |  | December 31, |  | December 31, |
| ($ in millions) |  | Useful Lives |  | 2024 |  | 2023 |
| Land |  | N/A |  | $ | 241 |  | $ | 243 |
| Buildings and leasehold improvements |  | 40 years |  |  | 1,250 |  |  | 1,221 |
| General support |  | 5 to 15 years |  |  | 591 |  |  | 427 |
| Central office/electronic circuit equipment |  | 5 to 8 years |  |  | 3,226 |  |  | 2,467 |
| Poles |  | 30 years |  |  | 1,074 |  |  | 915 |
| Cable, fiber, and wire |  | 15 to 27 years |  |  | 9,921 |  |  | 7,718 |
| Conduit |  | 50 years |  |  | 1,429 |  |  | 1,416 |
| Materials and supplies |  |  |  |  | 431 |  |  | 594 |
| Construction work in progress |  |  |  |  | 1,155 |  |  | 1,323 |
| Property, plant, and equipment |  |  |  |  | 19,318 |  |  | 16,324 |
| Less: Accumulated depreciation |  |  |  |  | (3,640) |  |  | (2,391) |
| Property, plant, and equipment, net |  |  |  | $ | 15,678 |  | $ | 13,933 |
Property, plant, and equipment includes approximately $246 million and $179 million of fixed assets recognized under finance leases as of December 31, 2024 and 2023, respectively. As of December 31, 2024, our materials and supplies were $431 million, as compared to $594 million as of December 31, 2023. Components of this include fiber, network electronics, and customer premises equipment. Beginning in the second half of 2023, Frontier negotiated payment terms with certain of our vendors, (referred to as vendor financing), which are excluded from capital expenditures and reported as financing activities on the statement of cash flows. As of December 31, 2024, our capital expenditures were $2,783 million. For the year ended December 31, 2024, our vendor financing payments were $463 million. As of December 31, 2024, there was $585 million, $8 million, and $24 million in “Accounts payable and accrued liabilities”, “Other current liabilities” and “Other liabilities”, respectively, for payables associated with capital expenditures, and $16 million included in “Other current liabilities” for vendor financing payables associated with capital expenditures. For the year ended December 31, 2024, we had capitalized interest of $49 million. In 2024, we sold certain properties consisting of land and buildings for approximately $18 million. The aggregate carrying value of the properties was approximately $11 million, resulting in a gain on sale of $7 million. In 2023, we had asset sales and transactions of $63 million, including approximately $47 million in net proceeds related to certain wireless towers. Approximately $19 million of the proceeds related to wireless towers that qualified as sales, included in investing cash flows, and the remaining $28 million in proceeds related to wireless towers that were subject to sale-leaseback agreements and included in financing cash flows. After taking these sales and transactions into account, along with our capital expenditures, our net capital activity was $3,148 million for the year ended December 31, 2023. During 2022, we sold a property that was subject to leaseback, generating approximately $70 million in proceeds. Depreciation expense is principally based on the composite group method. Depreciation expense was as follows:
|  |  | For the year ended |  | For the year ended |  | For the year ended
|  |  | December 31, |  | December 31, |  | December 31,
| ($ in millions) |  | 2024 |  | 2023 |  | 2022
| Depreciation expense |  | $ | 1,304 |  | $ | 1,094 |  | $ | 861
We adopted revised estimated remaining useful lives for certain plant assets as of October 1, 2024, as a result of an annual independent study of the estimated remaining useful lives of our plant assets, with an insignificant impact to depreciation expense.

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration