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Segment Information
 12 Months Ended
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