v3.25.2
Condensed Combined Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Condensed Combined Statements of Operations        
Revenue $ 261 $ 246 $ 527 $ 491
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember
Operating costs and expenses:        
Operating expense (exclusive of depreciation and amortization) $ 128 $ 134 $ 253 $ 263
Selling, general and administrative expense (including stock-based compensation) 30 30 60 59
Depreciation and amortization 52 52 105 102
Cost and expenses 210 216 418 424
Operating income (loss) 51 30 109 67
Other income (expense):        
Interest expense (including amortization of deferred loan fees) (12) (13) (22) (23)
Other, net 2 2 3 3
Total other income (expense) (10) (11) (19) (20)
Earnings (loss) before income taxes 41 19 90 47
Income tax benefit (expense) (14) (6) (28) (14)
Net earnings (loss) 27 13 62 33
Net earnings (loss) attributable to GCI Liberty, Inc. shareholders $ 27 $ 13 $ 62 $ 33
Pro forma net earnings (loss) attributable to Series A, Series B and Series C GCI Group shareholders per common share (note 2) $ 0.94   $ 2.16