Parent Company Only Financial Statements (Notes)

12 Months Ended

Dec. 31, 2023

Parent Company Only Financial Statements [Abstract]

Parent Company Only Financial Statements

Parent Company Only Financial Statements

As the result of limitations on, and prohibitions of, distributions, substantially all of the net assets of the consolidated subsidiaries are restricted from distribution to Charter, the parent company. The following condensed parent-only financial statements of Charter account for the investment in Charter Holdco under the equity method of accounting. Comprehensive income equaled net income for the years ended December 31, 2023, 2022 and 2021. The financial statements should be read in conjunction with the consolidated financial statements of the Company and notes thereto.

Charter Communications, Inc. (Parent Company Only)
Condensed Balance Sheets
	December 31,
	2023		2022
ASSETS
Receivables from related party	$	32	$	28
Prepaid expenses and other current assets	20		24
Investment in subsidiaries	30,801		28,729
Loans receivable - related party	—		1
Other noncurrent assets	7		—
Total assets	$	30,860	$	28,782
LIABILITIES AND SHAREHOLDER'S EQUITY
Current liabilities	$	235	$	138
Deferred income taxes	18,883		18,998
Loans payable - related party	12		16
Other long-term liabilities	644		511
Shareholder's equity	11,086		9,119
Total liabilities and shareholder's equity	$	30,860	$	28,782

Charter Communications, Inc. (Parent Company Only)
Condensed Statements of Operations
	Year Ended December 31,
	2023		2022		2021
REVENUES	$	1	$	4	$	5
COSTS AND EXPENSES:
Operating costs and expenses	1		4		5
Other operating income, net	(60)		—		—
	(59)		4		5
Income from operations	60		—		—
OTHER INCOME (EXPENSE):
Interest income (expense), net	(4)		2		7
Equity in income of subsidiaries	6,021		6,587		5,632
	6,017		6,589		5,639
Income before income taxes	6,077		6,589		5,639
Income tax expense	(1,520)		(1,534)		(985)
Net income	$	4,557	$	5,055	$	4,654

Charter Communications, Inc. (Parent Company Only)
Condensed Statements of Cash Flows
	Year Ended December 31,
	2023		2022		2021
NET CASH FLOWS FROM OPERATING ACTIVITIES	$	(1,364)	$	(1,247)	$	(84)
CASH FLOWS FROM INVESTING ACTIVITIES:
Contribution to subsidiaries	(152)		(33)		(44)
Distributions from subsidiaries	4,711		11,246		15,516
Net cash flows from investing activities	4,559		11,213		15,472
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from exercise of stock options	22		5		44
Purchase of treasury stock	(3,215)		(10,277)		(15,431)
Net cash flows from related party loans	(2)		306		(1)
Net cash flows from financing activities	(3,195)		(9,966)		(15,388)
NET INCREASE IN CASH AND CASH EQUIVALENTS	—		—		—
CASH AND CASH EQUIVALENTS, beginning of period	—		—		—
CASH AND CASH EQUIVALENTS, end of period	$	—	$	—	$	—