v3.25.4
CSC HOLDINGS - CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:      
Net income (loss) $ (1,833,047) $ (78,277) $ 79,037
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 1,696,974 1,642,231 1,644,297
Gain on investments, sale of assets or sale of affiliate interests (55,119) (670) (180,237)
Loss on derivative contracts, net 0 0 166,489
Loss (gain) on extinguishment of debt and write-off of deferred financing costs 23,502 12,901 (4,393)
Amortization of deferred financing costs and discounts (premiums) on indebtedness 26,479 19,628 34,440
Share-based compensation expense 64,088 67,162 47,926
Deferred income taxes (222,887) (396,052) (226,915)
Decrease in right-of-use assets 44,756 44,632 46,108
Allowance for credit losses 67,792 86,561 84,461
Indefinite-lived cable franchise rights impairment 1,611,308 0 0
Goodwill impairment 0 0 163,055
Other 4,398 6,436 11,169
Change in operating assets and liabilities, net of effects of acquisitions and dispositions:      
Accounts receivable, trade (72,322) (58,917) (77,703)
Prepaid expenses and other assets (63,901) 30,205 (54,782)
Amounts due from and due to affiliates 117 (44,486) 50,831
Accounts payable and accrued liabilities (138,688) 3,880 (68,784)
Interest payable 7,501 131,701 29,528
Deferred revenue 59,972 11,018 9,164
Interest rate swap contracts 7,534 104,448 72,707
Net cash provided by operating activities 1,228,457 1,582,401 1,826,398
Cash flows from investing activities:      
Capital expenditures (1,347,294) (1,433,013) (1,704,811)
Payments for acquisitions, net of cash acquired (7,616) (38,532) 0
Proceeds related to sale of equipment, net of costs of disposal 65,513 6,311 8
Additions to other intangible assets (4,399) (1,362) (924)
Other, net 0 11,083 (796)
Net cash used in investing activities (1,293,796) (1,455,513) (1,706,523)
Cash flows from financing activities:      
Proceeds from long-term debt 3,835,000 4,214,750 2,700,000
Repayment of debt (2,560,602) (4,223,233) (2,688,009)
Proceeds from derivative contracts in connection with the settlement of collateralized debt 0 0 38,902
Principal payments on finance lease obligations (103,241) (127,349) (149,297)
Payments related to acquisition of noncontrolling interest 0 (7,261) (14,070)
Additions to deferred financing costs (170,544) (19,560) (7,247)
Other, net (24,797) (9,325) (2,870)
Distributions to noncontrolling interest (26,452) 0 0
Net cash provided by (used in) financing activities 949,364 (171,978) (122,591)
Net increase (decrease) in cash and cash equivalents 884,025 (45,090) (2,716)
Effect of exchange rate changes on cash and cash equivalents 594 (424) (697)
Net increase (decrease) in cash and cash equivalents 884,619 (45,514) (3,413)
Cash, cash equivalents and restricted cash at beginning of year 256,824 302,338 305,751
Cash, cash equivalents and restricted cash at end of year 1,141,443 256,824 302,338
CSC Holdings      
Cash flows from operating activities:      
Net income (loss) (1,845,379) (77,420) 75,988
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 1,696,974 1,642,231 1,644,297
Gain on investments, sale of assets or sale of affiliate interests (55,119) (670) (180,237)
Loss on derivative contracts, net 0 0 166,489
Loss (gain) on extinguishment of debt and write-off of deferred financing costs 23,502 12,901 (4,393)
Amortization of deferred financing costs and discounts (premiums) on indebtedness 26,479 19,628 34,440
Share-based compensation expense 64,088 67,162 47,926
Deferred income taxes (221,077) (399,551) (232,048)
Decrease in right-of-use assets 44,756 44,632 46,108
Allowance for credit losses 67,792 86,561 84,461
Indefinite-lived cable franchise rights impairment 1,611,308 0 0
Goodwill impairment 0   163,055
Other 4,398 6,436 11,169
Change in operating assets and liabilities, net of effects of acquisitions and dispositions:      
Accounts receivable, trade (72,322) (58,917) (77,703)
Prepaid expenses and other assets (63,089) 15,547 (54,782)
Amounts due from and due to affiliates (1,394) (45,141) 59,013
Accounts payable and accrued liabilities (121,797) (78,792) (68,784)
Interest payable 7,501 131,701 29,528
Deferred revenue 59,972 11,018 9,164
Interest rate swap contracts 7,534 104,448 72,707
Net cash provided by operating activities 1,234,127 1,481,774 1,826,398
Cash flows from investing activities:      
Capital expenditures (1,347,294) (1,433,013) (1,704,811)
Payments for acquisitions, net of cash acquired (7,616) (38,532) 0
Proceeds related to sale of equipment, net of costs of disposal 65,513 6,311 8
Additions to other intangible assets (4,399) (1,362) (924)
Other, net 0 11,083 (796)
Net cash used in investing activities (1,293,796) (1,455,513) (1,706,523)
Cash flows from financing activities:      
Proceeds from long-term debt 3,835,000 4,214,750 2,700,000
Repayment of debt (2,568,602) (4,225,233) (2,688,009)
Proceeds from Related Party Debt 0 92,500 0
Proceeds from derivative contracts in connection with the settlement of collateralized debt 0 0 38,902
Distributions to parent 9,738 8,399 1,793
Principal payments on finance lease obligations (103,241) (127,349) (149,297)
Payments related to acquisition of noncontrolling interest 0 (7,261) (14,070)
Additions to deferred financing costs (170,544) (19,560) (7,247)
Other, net (12,803) (1,000) (1,077)
Distributions to noncontrolling interest (26,452) 0 0
Net cash provided by (used in) financing activities 943,620 (81,552) (122,591)
Net increase (decrease) in cash and cash equivalents 883,951 (55,291) (2,716)
Effect of exchange rate changes on cash and cash equivalents 594 (424) (697)
Net increase (decrease) in cash and cash equivalents 884,545 (55,715) (3,413)
Cash, cash equivalents and restricted cash at beginning of year 246,616 302,331 305,744
Cash, cash equivalents and restricted cash at end of year $ 1,131,161 $ 246,616 $ 302,331