v3.25.4
Supplemental Disclosures to Consolidated Statements of Cash Flows
12 Months Ended
Dec. 31, 2025
Supplemental Disclosures to Consolidated Statements of Cash Flows  
Supplemental Disclosures to Consolidated Statements of Cash Flows

(3) Supplemental Disclosures to Consolidated Statements of Cash Flows

  ​ ​ ​

Years ended December 31,

2025

2024

  ​ ​ ​

amounts in millions

Cash paid for interest, net of amounts capitalized

$

51

56

Noncash activity:

Property and equipment expenditures incurred but not yet paid

$

37

27

Asset retirement obligation adjustments

$

22

1

Cash paid for taxes, net of refunds:

Federal

United States

$

14

17

State and local

Alaska

94

7

Other

1

Total cash paid for taxes, net of refunds

$

109

24

The following table reconciles cash and cash equivalents and restricted cash reported in the Company’s consolidated balance sheets to the total amount presented in its consolidated statements of cash flows:

Years ended December 31, 

 

2025

2024

 

amounts in millions

 

Cash and cash equivalents

$

416

 

74

Restricted cash included in other current assets

 

8

 

Restricted cash included in other long-term assets

5

1

Total cash and cash equivalents and restricted cash at end of period

$

429

 

75

Restricted cash primarily relates to cash restricted for use on GCI Holdings’ various arrangements to help fund projects that extended terrestrial broadband service for the first time to rural Alaska communities via a high capacity hybrid fiber optic and microwave network (see note 8).