Segment Reporting (Tables)

Operating Costs and Expenses


	Three Months Ended March 31,
		2026		2025
Programming		$	2,088	$	2,302
Other costs of revenue		1,765		1,584
Field and technology operations		1,258		1,282
Customer operations		766		772
Marketing and residential sales		919		949
Stock compensation expense (see Note 9)		203		222
Transition expenses		24		—
Other expense		1,159		1,108
		$	8,182	$	8,219

Programming costs consist primarily of costs paid to programmers for basic, premium, video on demand and pay-per-view programming. Other costs of revenue include costs directly related to providing Internet, mobile, video and voice services including mobile device costs, payments to franchise and regulatory authorities, payments for sports, local and news content produced by the Company and direct costs associated with selling advertising. Also included in other costs of revenue are content acquisition costs for the Los Angeles Lakers’ basketball games and Los Angeles Dodgers’ baseball games, which are recorded as games are exhibited over the contract period. Field and technology operations costs include indirect costs incurred to manage the Company's inside and outside cable network, including labor for the non-capitalizable portion of customer installations and service and repairs. Customer operations costs include call center labor costs for customer care, billing costs, bad debt expense, and collections. Marketing and residential sales costs represent the costs of marketing residential and business Internet, mobile, video and voice services and costs to sell to current and potential non-bulk residential customers, including labor cost. Transition expenses represent incremental costs incurred to prepare for the integration of the Cox Transactions’ operations and to bring systems and processes into a uniform operating structure. See Note 2. Other expense includes corporate overhead costs, as well as certain indirect costs associated with Spectrum Business, Spectrum Reach, Spectrum Networks and Spectrum Community Solutions, including related sales expenses.

Other Operating Expenses, Net


	Three Months Ended March 31,
		2026		2025
Special charges, net		$	(2)	$	32
Merger and acquisition costs		15		—
Loss on disposal of assets, net		2		91
		$	15	$	123

Special charges, net primarily includes severance costs and net amounts of litigation settlements. Merger and acquisition costs represents costs incurred primarily in connection with the Cox Transactions, such as advisory, legal and accounting fees, among others. Loss on disposal of assets, net includes a $90 million impairment on the sale of non-strategic assets during the three months ended March 31, 2025.

Other expenses, net consist of the following for the periods presented:


	Three Months Ended March 31,
		2026		2025
Loss on equity investments, net		$	(81)	$	(77)
Loss on financial instruments, net (see Note 6)		(45)		(65)
Loss on extinguishment of debt (see Note 4)		(4)		—
		$	(130)	$	(142)