XML 22 R11.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CSC HOLDINGS - CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenue (including revenue from affiliates of $1,471, $2,368 and $13,238, respectively) (See Note 16) $ 9,237,064 $ 9,647,659 $ 10,090,849
Costs and Expenses [Abstract]      
Programming and other direct costs (including charges from affiliates of $13,794, $14,321 and $17,167, respectively) (See Note 16) 3,029,842 3,205,638 3,382,129
Other operating expenses (including charges from affiliates of $57,063, $12,210 and $11,989 respectively) (See Note 16) 2,646,258 2,735,469 2,379,765
Restructuring, impairments and other operating items 214,727 130,285 17,176
Depreciation and amortization (including impairments) 1,644,297 1,773,673 1,787,152
Total operating expenses 7,535,124 7,845,065 7,566,222
Operating Income (Loss), Total 1,701,940 1,802,594 2,524,627
Nonoperating Income (Expense) [Abstract]      
Interest expense, net (1,639,120) (1,331,636) (1,266,591)
Loss (gain) on investments and sale of affiliate interests, net 180,237 (659,792) (88,898)
Gain (loss) on derivative contracts, net (166,489) 425,815 85,911
Gain on interest rate swap contracts, net 32,664 271,788 92,735
Gain (loss) on extinguishment of debt and write-off of deferred financing costs 4,393 (575) (51,712)
Other income, net 4,940 8,535 9,835
Total other income (expense) (1,583,375) (1,285,865) (1,218,720)
Income before income taxes 118,565 516,729 1,305,907
Income Tax Expense (Benefit) (39,528) (295,840) (294,975)
Net income 79,037 220,889 1,010,932
Comprehensive income attributable to noncontrolling interests (25,839) (26,326) (20,621)
Net income attributable to CSC Holdings, LLC sole member 53,198 194,563 990,311
Related Party      
Revenue (including revenue from affiliates of $1,471, $2,368 and $13,238, respectively) (See Note 16) 1,471 2,368 13,238
Costs and Expenses [Abstract]      
Programming and other direct costs (including charges from affiliates of $13,794, $14,321 and $17,167, respectively) (See Note 16) 13,794 14,321 17,167
Other operating expenses (including charges from affiliates of $57,063, $12,210 and $11,989 respectively) (See Note 16) 57,063 12,210 11,989
CSC Holdings      
Revenue (including revenue from affiliates of $1,471, $2,368 and $13,238, respectively) (See Note 16) 9,237,064 9,647,659 10,090,849
Costs and Expenses [Abstract]      
Programming and other direct costs (including charges from affiliates of $13,794, $14,321 and $17,167, respectively) (See Note 16) 3,029,842 3,205,638 3,382,129
Other operating expenses (including charges from affiliates of $57,063, $12,210 and $11,989 respectively) (See Note 16) 2,646,258 2,735,469 2,379,765
Restructuring, impairments and other operating items 214,727 130,285 17,176
Depreciation and amortization (including impairments) 1,644,297 1,773,673 1,787,152
Total operating expenses 7,535,124 7,845,065 7,566,222
Operating Income (Loss), Total 1,701,940 1,802,594 2,524,627
Nonoperating Income (Expense) [Abstract]      
Interest expense, net (1,639,120) (1,331,636) (1,266,591)
Loss (gain) on investments and sale of affiliate interests, net 180,237 (659,792) (88,898)
Gain (loss) on derivative contracts, net (166,489) 425,815 85,911
Gain on interest rate swap contracts, net 32,664 271,788 92,735
Gain (loss) on extinguishment of debt and write-off of deferred financing costs 4,393 (575) (51,712)
Other income, net 4,940 8,535 9,835
Total other income (expense) (1,583,375) (1,285,865) (1,218,720)
Income before income taxes 118,565 516,729 1,305,907
Income Tax Expense (Benefit) (42,577) (292,152) (297,110)
Net income 75,988 224,577 1,008,797
Comprehensive income attributable to noncontrolling interests (25,839) (26,326) (20,621)
Net income attributable to CSC Holdings, LLC sole member $ 50,149 $ 198,251 $ 988,176