XML 265 R33.htm IDEA: XBRL DOCUMENT v3.25.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Schedule of Segment Results
The following tables summarize our segment results for the three months ended March 31, 2025 and 2024, based on the segment categorization we were operating under at March 31, 2025.

Three Months Ended March 31, 2025
BusinessMass Markets
(Dollars in millions)
Segment revenue$2,524 658 
Segment expenses
Cost of services and products738 14 
Headcount costs
286 150 
Non-headcount costs
334 113 
Total segment expense1,358 277 
Total segment adjusted EBITDA$1,166 381 

Three Months Ended March 31, 2024
BusinessMass Markets
(Dollars in millions)
Segment revenue$2,591 699 
Segment expenses
Cost of services and products738 17 
Headcount costs
344 167 
Non-headcount costs
341 132 
Total segment expense1,423 316 
Total segment adjusted EBITDA$1,168 383 
Schedule of Reconciliation of Segment Adjusted EBITDA to Net (Loss) Income
The following table reconciles total segment adjusted EBITDA to net (loss) income for the three months ended March 31, 2025 and 2024:

 Three Months Ended March 31,
 20252024
 (Dollars in millions)
Total segment adjusted EBITDA$1,547 1,551 
Depreciation and amortization(713)(748)
Other unallocated expense(717)(744)
Stock-based compensation expense(10)(14)
Operating income107 45 
Total other (expense) income, net(352)57 
(Loss) income before taxes(245)102 
Income tax (benefit) expense(44)45 
Net (loss) income$(201)57