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DEBT (Tables)
 12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Extinguishment of Debt
The following table provides a summary of the gain (loss) on extinguishment of debt and the write-off of deferred financing costs recorded by us:
For the Year Ended December 31,
202320222021
Settlement of collateralized debt (see Note 12)$4,393 $— $— 
Refinancing of CSC Holdings Term Loan B and Incremental Term Loan B-3— (575)— 
Repayment of CSC Holdings 5.500% Senior Guaranteed Notes due 2026— — (51,712)
Schedule of Maturities of Long-term Debt
The future principal payments under our various debt obligations outstanding as of December 31, 2023, including notes payable and supply chain financing, but excluding finance lease obligations (see Note 9), are as follows:
Years Ending December 31,
2024$1,001,242 
2025 (a)2,391,415 
2026567,223 
20275,141,519 
2028 (b)5,371,850 
Thereafter10,425,000 
Schedule of Debt
The following table provides details of our outstanding debt:
Interest Rate at
December 31, 2023		December 31, 2023December 31, 2022
Date IssuedMaturity DatePrincipal AmountCarrying Amount (a)Principal AmountCarrying Amount (a)
CSC Holdings Senior Notes:
May 23, 2014June 1, 20245.250%$750,000 $742,746 $750,000 $726,343 
October 18, 2018April 1, 20287.500%4,118 4,114 4,118 4,113 
November 27, 2018April 1, 20287.500%1,045,882 1,044,933 1,045,882 1,044,752 
July 10 and October 7, 2019January 15, 20305.750%2,250,000 2,275,915 2,250,000 2,279,483 
June 16 and August 17. 2020December 1, 20304.625%2,325,000 2,359,078 2,325,000 2,363,082 
May 13, 2021November 15, 20315.000%500,000 498,525 500,000 498,375 
6,875,000 6,925,311 6,875,000 6,916,148 
CSC Holdings Senior Guaranteed Notes:
September 23, 2016April 15, 20275.500%1,310,000 1,307,709 1,310,000 1,307,091 
January 29, 2018February 1, 20285.375%1,000,000 995,940 1,000,000 995,078 
January 24, 2019February 1, 20296.500%1,750,000 1,748,098 1,750,000 1,747,795 
June 16, 2020December 1, 20304.125%1,100,000 1,096,499 1,100,000 1,096,077 
August 17, 2020February 15, 20313.375%1,000,000 997,556 1,000,000 997,258 
May 13, 2021November 15, 20314.500%1,500,000 1,495,598 1,500,000 1,495,144 
April 25, 2023May 15, 202811.250%1,000,000 994,072 — — 
8,660,000 8,635,472 7,660,000 7,638,443 
CSC Holdings Restricted Group Credit Facility:
Revolving Credit FacilityJuly 13, 20277.712%(b)825,000 821,632 1,575,000 1,570,730 
Term Loan BJuly 17, 20257.726%(c)(g)1,520,483 1,518,530 1,535,842 1,532,644 
Incremental Term Loan B-3January 15, 20267.726%(d)(g)521,744 520,988 527,014 525,883 
Incremental Term Loan B-5April 15, 20277.976%(e)(g)2,887,500 2,876,131 2,917,500 2,902,921 
Incremental Term Loan B-6January 15, 20289.862%(f)1,986,928 1,948,503 2,001,942 1,955,839 
7,741,655 7,685,784 8,557,298 8,488,017 
Lightpath Senior Notes:
September 29, 2020September 15, 20285.625% 415,000 409,136 415,000 408,090 
Lightpath Senior Secured Notes:
September 29, 2020September 15, 20273.875% 450,000 444,410 450,000 443,046 
Lightpath Term LoanNovember 30, 20278.726%582,000 571,898 588,000 575,478 
Lightpath Revolving Credit Facility— — — — 
1,447,000 1,425,444 1,453,000 1,426,614 
Collateralized indebtedness (see Note 12)— — 1,759,017 1,746,281 
Finance lease obligations (see Note 9)228,356 228,356 244,595 244,595 
Notes payable and supply chain financing174,594 174,594 127,635 127,635 
25,126,605 25,074,961 26,676,545 26,587,733 
Less: current portion of credit facility debt(61,177)(61,177)(71,643)(71,643)
Less: current portion of collateralized indebtedness (h)— — (1,759,017)(1,746,281)
Less: current portion of finance lease obligations(123,636)(123,636)(129,657)(129,657)
Less: current portion of notes payable and supply chain financing(174,594)(174,594)(127,496)(127,496)
(359,407)(359,407)(2,087,813)(2,075,077)
Long-term debt$24,767,198 $24,715,554 $24,588,732 $24,512,656 
(a)The carrying amount is net of the unamortized deferred financing costs and/or discounts/premiums and with respect to certain notes, a fair value adjustment resulting from the Cequel and Cablevision acquisitions.
(b)At December 31, 2023, $133,512 of the revolving credit facility was restricted for certain letters of credit issued on our behalf and $1,516,488 of the $2,475,000 facility was undrawn and available, subject to covenant limitations. The revolving credit facility bears interest at a rate of SOFR (plus a Term SOFR credit adjustment spread of 0.10%) plus 2.25% per annum.
(c)Term Loan B requires quarterly installments of $3,840 and bears interest at a rate equal to Synthetic USD LIBOR plus 2.25% per annum.
(d)Incremental Term Loan B-3 requires quarterly installments of $1,318 and bears interest at a rate equal to Synthetic USD LIBOR plus 2.25% per annum.
(e)Incremental Term Loan B-5 requires quarterly installments of $7,500 and bears interest at a rate equal to Synthetic USD LIBOR plus 2.50% per annum.
(f)Incremental Term Loan B-6 requires quarterly installments of $5,005 and bears interest at a rate equal to SOFR plus 4.50% per annum. The CSC Holdings' Incremental Term Loan B-6 that is due on the earlier of (i) January 15, 2028 and (ii) April 15, 2027 if, as of such date, any Incremental Term Loan B-5 borrowings are still outstanding, unless the Incremental Term Loan B-5 maturity date has been extended to a date falling after January 15, 2028.
(g)Pursuant to the term loan agreement, the interest rate on outstanding borrowings subsequent to the phase-out of London Interbank Offered Rate ("LIBOR") as of June 30, 2023, is Synthetic USD LIBOR, calculated as Term SOFR plus the spread adjustment for the corresponding LIBOR setting, being 0.11448% (1 month), 0.26161% (3 month) and 0.42826% (6 month), until September 30, 2024.
(h)The indebtedness was collateralized by shares of Comcast common stock. In January 2023, we settled this debt by delivering shares of Comcast common stock and the related equity derivative contracts. See Note 12.
Supply Chain Financing Arrangement
We have a supply chain financing arrangement with a financial institution with credit availability of $175,000 that is used to finance certain of our property and equipment purchases. This arrangement extends our repayment terms beyond a vendor’s original invoice due dates (for up to one year) and as such are classified as debt on our consolidated balance sheets.
The following is a rollforward of the outstanding balances relating to our supply chain financing arrangement:
Balance as of December 31, 2022$123,880 
Invoices financed213,325 
Repayments(162,751)
Balance as of December 31, 2023$174,454