v3.25.3
Combined Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Dec. 31, 2023
Condensed Consolidated Statements of Operations            
Revenue $ 257 $ 262 $ 784 $ 753 $ 1,016 $ 981
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember  
Operating costs and expenses:            
Operating expense (exclusive of depreciation and amortization) $ 131 $ 136 $ 384 $ 399 $ 539 524
Selling, general and administrative expense (including stock-based compensation) 36 30 96 89 130 115
Depreciation and amortization 53 55 158 157 207 230
Impairment of goodwill and intangible assets (note 4) 525   525   0 0
Cost and expenses 745 221 1,163 645 876 869
Operating income (loss) (488) 41 (379) 108 140 112
Other income (expense):            
Interest expense (including amortization of deferred loan fees) (12) (13) (34) (36) (49) (51)
Other, net 3 1 6 4 6 4
Total other income (expense) (9) (12) (28) (32) (43) (47)
Earnings (loss) before income taxes (497) 29 (407) 76 97 65
Income tax benefit (expense) 110 (8) 82 (22) (27) (24)
Net earnings (loss) $ (387) $ 21 $ (325) $ 54 $ 70 $ 41
Unaudited Pro Forma basic net earnings (loss) attributable to Series A, Series B and Series C GCI Liberty, Inc. shareholders per common share (note 2)         $ 2.44