v3.25.4
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2025
Summary of Significant Accounting Policies  
Schedule of activity in the allowance for credit losses

A summary of activity in the allowance for credit losses for the years ended December 31, 2025 and 2024 is as follows (amounts in millions):

Additions

Deductions

 

Balance at

Charged to

Balance at

 

  ​ ​ ​

beginning of

  ​ ​ ​

costs and

  ​ ​ ​

Write-offs net

end of

 

  ​ ​ ​

year

  ​ ​ ​

expenses

  ​ ​ ​

of recoveries

year

 

2025

$

4

3

(3)

4

2024

$

5

4

(5)

 

4

Schedule of Net property and equipment

  ​ ​ ​

December 31, 

 

2025

2024

 

amounts in millions

 

Land

$

12

 

13

Buildings (25 years)

118

114

Telephony transmission equipment and distribution facilities (5-20 years)

 

1,023

 

899

Cable transmission equipment and distribution facilities (5-30 years)

 

195

 

156

Support equipment and systems (3-20 years)

 

145

 

128

Fiber optic cable systems (15-25 years)

 

173

 

130

Other (2-20 years)

 

111

 

87

Construction in progress

 

306

 

302

 

2,083

 

1,829

Accumulated depreciation

 

(826)

 

(679)

Property and equipment, net

$

1,257

 

1,150

Schedule of asset retirement obligations The asset retirement obligation is in Other liabilities in the consolidated balance sheets. Following is a reconciliation of the beginning and ending aggregate carrying amounts of the liability for asset retirement obligations (amounts in millions):

Balance at December 31, 2023

$

84

Liability incurred

1

Accretion expense

3

Liability settled

Balance at December 31, 2024

88

Liability incurred

2

Revision in estimate

20

Accretion expense

2

Liability settled

(1)

Balance at December 31, 2025

$

111

Summary of revenue from contracts with customers

Years ended December 31,

2025

2024

amounts in millions

GCI Holdings

  ​

Consumer Revenue

  ​

Data

$

239

246

Wireless

143

142

Other

 

27

44

Business Revenue

 

Data

 

500

457

Wireless

 

32

40

Other

 

11

11

Lease, grant, and revenue from subsidies

 

94

76

Total

$

1,046

1,016

Schedule of Earnings per Share

Year ended December 31, 

 

2025 (1)

 

number of shares in millions

 

Basic WASO

31

Potentially dilutive shares

Diluted WASO

31