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Segment Information | 12 Months Ended
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Dec. 31, 2024
Segment Information [Abstract] |
Segment Information | (17) Segment Information: Our operations are assessed and managed by our CEO, our chief operating decision maker, on a consolidated basis. The CEO assesses performance and allocates resources based on the consolidated results of operations. Under this organizational and reporting structure, the Company operates in a single operating segment and reports its financial results in accordance with ASU 2023-07, Segment Reporting (Topic 280), Improvements to Reportable Segment Disclosures. The Company has organized its expenses into the following categories to enhance transparency and align with the internal management review process: Revenue generating departments – Includes costs directly associated with revenue producing activities, such as sales, commissions, video content costs, marketing, and production. Operating departments – reflects expenses related to the core operations of the Company, including network operations, facility management, logistics, and service delivery. Support departments – comprises general and administrative costs, including human resources, IT, finance, restructuring, and other back-office functions that support overall operations. Also includes transaction expenses related to the Verizon acquisition. Depreciation and amortization – reflect the systematic allocation of the cost of tangible and intangible assets over their useful lives. This category includes depreciation of property, plant, and equipment as well as amortization of intangible assets, providing insight into the Company’s ongoing capital investments and asset utilization. Investment and other income (expense) – includes interest income on cash and cash equivalents, realized and unrealized gains or losses on investments and other miscellaneous income or expenses. Pension Settlement Costs – Includes non-recurring expenses related to the settlement of pension obligations, typically arising from lump-sum payments or annuity purchases made to reduce pension liabilities. These costs reflect the financial impact of actions taken to manage the Company's retirement benefit obligation. Interest expense – represents costs associated with the Company’s financing arrangements, including interest on debt. Income taxes – reflects the Company’s provision for income taxes in accordance with applicable tax regulations.
|  |  | For the year ended December 31, |
| ($ in millions) |  |  | 2024 |  |  | 2023 |  |  | 2022 |
| Revenue |  | $ | 5,937 |  | $ | 5,751 |  | $ | 5,787 |
| Less: |  |  |  |  |  |  |  |  |  |
| Revenue generating departments |  |  | 1,062 |  |  | 989 |  |  | 1,045 |
| Operating departments |  |  | 2,147 |  |  | 2,224 |  |  | 2,310 |
| Support departments |  |  | 750 |  |  | 631 |  |  | 658 |
| Depreciation and amortization |  |  | 1,625 |  |  | 1,415 |  |  | 1,182 |
| Investment and other income |  |  | 105 |  |  | 278 |  |  | 554 |
| Pension Settlement Costs |  |  | - |  |  | - |  |  | (55) |
| Interest expense |  |  | (804) |  |  | (653) |  |  | (492) |
| Income tax expense (benefit) |  |  | (24) |  |  | 88 |  |  | 158 |
| Net (loss) income |  | $ | (322) |  | $ | 29 |  | $ | 441 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards 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