v3.25.4
RESTRUCTURING AND OTHER EXPENSE
 12 Months Ended
Dec. 31, 2025
Restructuring and Related Activities [Abstract]  
RESTRUCTURING AND OTHER EXPENSE RESTRUCTURING, IMPAIRMENTS AND OTHER OPERATING ITEMS
Our restructuring, impairments and other operating items are comprised of the following:
Years Ended December 31,
202520242023
Impairment charge (a) $1,611,308 $— $163,055 
Contractual payments for terminated employees (b)85,123 19,400 39,915 
Gain on disposal of assets (c)(55,114)— — 
Transaction costs related to certain transactions not related to our operations35,048 10,780 5,180 
Litigation settlement expense, net of reimbursements (d)3,000 (59,750)— 
Impairment of right-of-use operating lease assets5,341 5,558 10,554 
Contract termination costs (e)2,058 41,924 — 
Facility realignment costs and other366 5,784 (3,977)
Restructuring, impairments and other operating items$1,687,130 $23,696 $214,727 
(a)We recorded an impairment charge related to our indefinite-lived cable franchise rights in 2025 and we recorded an impairment charge relating to our News and Advertising reporting unit in 2023. See Note 10 for additional information.
(b)Includes costs related to our workforce management initiatives, including costs related to a voluntary retirement program.
(c)In July 2025, we completed the sale of certain tower assets for $59,908 and recorded a gain of $55,114. In connection with the sale, we entered into a master license agreement with the buyer pursuant to which we maintain access to space on certain of those towers for an initial term of 5 years.
(d)2024 amount includes a credit resulting from the waiver of a payment obligation in June 2024 related to a patent infringement settlement agreement reached in the fourth quarter of 2022 (of which $65,000 of the settlement was paid in 2022), and a credit resulting from the indemnification from a supplier related to this matter. Offsetting these credits was an expense, net of insurance recoveries, in connection with the settlement of other significant litigation.
(e)Represents costs to early terminate contracts with vendors