v3.26.1
CONDENSED CONSOLIDATED AND COMBINED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) - USD ($)
shares in Thousands, $ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Net Comcast investment
AOCI
 [1]
Noncontrolling interest
Beginning balance at Dec. 31, 2024 $ 10,915       $ 10,805 $ (8) $ 118
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Transactions with Comcast, net and separation related transactions (1,011)       (1,011)    
Net income 670       669   1
Other comprehensive income 3         3  
Ending balance at Jun. 30, 2025 10,577       10,463 (5) 120
Beginning balance at Mar. 31, 2025 10,834       10,723 (8) 119
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Transactions with Comcast, net and separation related transactions (562)       (562)    
Net income 303       302   1
Other comprehensive income 2         2  
Ending balance at Jun. 30, 2025 10,577       10,463 (5) 120
Beginning balance (in shares) at Dec. 31, 2025 [2]   0          
Beginning balance at Dec. 31, 2025 10,402 $ 0 [2] $ 0 $ 0 10,299 (7) 110
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Transactions with Comcast, net and separation related transactions (2,408)       (2,408)    
Issuance of common stock upon Separation (in shares) [2]   144,169          
Issuance of common stock upon Separation 0 $ 1 [2] 7,890   (7,891)    
Share-based compensation (in shares) [2]   52          
Share-based compensation 32   32        
Repurchases of common stock (in shares) [2]   (5,069)          
Repurchases of common stock (202)   (202)        
Dividends (109)     (109)      
Net income 497     497      
Other comprehensive income 8         8  
Other 3   3        
Ending balance (in shares) at Jun. 30, 2026 [2]   139,151          
Ending balance at Jun. 30, 2026 8,224 $ 1 [2] 7,723 388 0 1 111
Beginning balance (in shares) at Mar. 31, 2026 [2]   141,482          
Beginning balance at Mar. 31, 2026 8,145 $ 1 [2] 7,806 231 0 (4) 110
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Share-based compensation (in shares) [2]   45          
Share-based compensation 15   15        
Repurchases of common stock (in shares) [2]   (2,375)          
Repurchases of common stock (101)   (101)        
Dividends (54)     (54)      
Net income 211     211      
Other comprehensive income 5         5  
Other 3   3        
Ending balance (in shares) at Jun. 30, 2026 [2]   139,151          
Ending balance at Jun. 30, 2026 $ 8,224 $ 1 [2] $ 7,723 $ 388 $ 0 $ 1 $ 111
[1] Accumulated other comprehensive income (loss)
[2] Includes Class A and Class B common stock