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Revenue Recognition | 6 Months Ended
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Jun. 30, 2025
Revenue Recognition [Abstract] |
Revenue Recognition | (4) Revenue Recognition: We categorize our products, services, and other revenues into the following categories: Data and Internet services include broadband services for consumer and business customers. We provide data transmission services to high volume business customers and other carriers with dedicated high capacity circuits (“nonswitched access”) including services to wireless providers (“wireless backhaul”); Voice services include traditional local and long-distance wireline services, Voice over Internet Protocol (VoIP) services, as well as a number of unified messaging services offered to our consumer and business customers. Voice services also include the long-distance voice origination and termination services that we provide to our business customers and other carriers; Video services include revenues generated from traditional television (TV) services provided directly to consumer customers as well as satellite TV services provided through various satellite providers, and through partnerships with over-the-top (OTT) video providers. Video services also includes pay-per-view revenues, video on demand, equipment rentals, and video advertising. We have made the strategic decision to limit sales of new traditional TV services, focusing on our broadband products and OTT video options; Other customer revenue includes switched access revenue, rents collected for collocation services, and other services and fees. Switched access revenue includes revenues derived from allowing other carriers to use our network to originate and/or terminate their local and long-distance voice traffic. These services are primarily billed on a minutes-of-use basis applying tariffed rates filed with the FCC or state agencies; and Subsidy and other regulatory revenue include revenues generated from cost subsidies from state and federal authorities, including RDOF. ‎ The following tables provide a summary of revenues, by category.
|  |  | For the three months ended ‎June 30, |  | For the six months ended ‎June 30, |
| ($ in millions) |  | 2025 |  | 2024 |  | 2025 |  | 2024 |
| Data and Internet services |  | $ | 1,085 |  | $ | 983 |  | $ | 2,134 |  | $ | 1,930 |
| Voice services |  |  | 282 |  |  | 312 |  |  | 572 |  |  | 633 |
| Video services |  |  | 68 |  |  | 88 |  |  | 142 |  |  | 182 |
| Other |  |  | 87 |  |  | 83 |  |  | 169 |  |  | 167 |
| Revenue from contracts with customers (1) |  |  | 1,522 |  |  | 1,466 |  |  | 3,017 |  |  | 2,912 |
| Subsidy and other revenue |  |  | 17 |  |  | 14 |  |  | 33 |  |  | 30 |
| Total revenue |  | $ | 1,539 |  | $ | 1,480 |  | $ | 3,050 |  | $ | 2,942 |
|  |  | For the three months ended ‎June 30, |  | For the six months ended ‎June 30, |
| ($ in millions) |  | 2025 |  | 2024 |  | 2025 |  | 2024 |
| Consumer |  | $ | 825 |  | $ | 789 |  | $ | 1,638 |  | $ | 1,576 |
| Business and wholesale |  |  | 697 |  |  | 677 |  |  | 1,379 |  |  | 1,336 |
| Revenue from contracts with customers (1) |  |  | 1,522 |  |  | 1,466 |  |  | 3,017 |  |  | 2,912 |
| Subsidy and other revenue |  |  | 17 |  |  | 14 |  |  | 33 |  |  | 30 |
| Total revenue |  | $ | 1,539 |  | $ | 1,480 |  | $ | 3,050 |  | $ | 2,942 |
(1)Includes lease revenue of $13 million and $26 million for the three and six months ended June 30, 2025 and $14 million and $27 million for the three and six months ended June 30, 2024, respectively. The following is a summary of the changes in the contract liabilities:
|  |  | Contract Liabilities |
| ($ in millions) |  | Current |  | Noncurrent |
| Balance at December 31, 2024 |  | $ | 34 |  | $ | 14 |
| Revenue recognized included in opening contract balance |  |  | (23) |  |  | (10) |
| Credits granted, excluding amounts recognized as revenue |  |  | 24 |  |  | 6 |
| Reclassified between current and noncurrent |  |  | (2) |  |  | 2 |
| Balance at June 30, 2025 |  | $ | 33 |  | $ | 12 |
|  |  | Contract Liabilities |
| ($ in millions) |  | Current |  | Noncurrent |
| Balance at December 31, 2023 |  | $ | 33 |  | $ | 16 |
| Revenue recognized included in opening contract balance |  |  | (16) |  |  | (9) |
| Credits granted, excluding amounts recognized as revenue |  |  | 16 |  |  | 8 |
| Reclassified between current and noncurrent |  |  | - |  |  | - |
| Balance at June 30, 2024 |  | $ | 33 |  | $ | 15 |
The unsatisfied obligations for retail customers consist of amounts in advance billings, which are expected to be earned within the following monthly billing cycle. Unsatisfied obligations for wholesale customers are based on a point-in-time calculation and determined by the number of circuits provided and the contractual price. These wholesale customer obligations change from period to period based on new circuits added as well as circuits that are terminated. The following table includes estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) at the end of the reporting period:
| ($ in millions) |  | Revenue from contracts with customers |
| 2025 (remaining six months) |  | $ | 643 |
| 2026 |  |  | 130 |
| 2027 |  |  | 137 |
| 2028 |  |  | 83 |
| 2029 |  |  | 64 |
| Thereafter |  |  | 90 |
| Total |  | $ | 1,147 |

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-9 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-15 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org/606/tableOfContent + Details
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