v3.25.2
Condensed Combined Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 104 $ 74
Trade and other receivables, net of allowance for credit losses of $4 and $4, respectively 124 184
Prepaid and other current assets 48 61
Total current assets 276 319
Property and equipment, net 1,184 1,150
Goodwill 746 746
Total Intangible assets not subject to amortization 1,337 1,337
Intangible assets subject to amortization, net (note 4) 392 411
Other assets, net 165 165
Total assets 3,354 3,382
Current liabilities:    
Accounts payable and accrued liabilities 98 110
Deferred revenue 24 21
Current portion of debt (note 5) 4 3
Other current liabilities 68 58
Total current liabilities 194 192
Long-term debt, net (note 5) 983 1,066
Obligations under tower obligations and finance leases 70 72
Long-term deferred revenue 130 113
Deferred income tax liabilities 353 359
Other liabilities 129 151
Total liabilities 1,859 1,953
Redeemable noncontrolling interest in equity of subsidiary 18 15
Equity    
Member's investment 1,778 1,777
Retained earnings (deficit) (301) (363)
Total equity 1,477 1,414
Commitments and contingencies (note 7)
Total liabilities and equity 3,354 3,382
Cable certificates    
Current assets:    
Indefinite lived intangible assets (excluding goodwill) 550 550
Other    
Current assets:    
Indefinite lived intangible assets (excluding goodwill) $ 41 $ 41