v3.25.3
Leases (Tables)
12 Months Ended
Dec. 31, 2024
Leases  
Schedule of components of lease cost

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Years ended December 31, 

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2024

    

2023

​

​

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amounts in millions

Operating lease cost(1)

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$

61

​

62

​

​

​

​

​

​

​

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Finance lease cost

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​

​

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Depreciation of leased assets

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$

1

​

1

​

Total finance lease cost

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$

1

​

1

​

(1)Included within operating lease costs were short-term lease costs and variable lease costs, which were not material to the combined financial statements.
Schedule of remaining weighted-average lease term and the weighted average discount rate

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December 31,

 

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2024

    

​

2023

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Weighted-average remaining lease term (years):

 

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Finance leases

 

1.6

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2.5

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Operating leases

 

3.7

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4.1

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Weighted-average discount rate:

 

  

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Finance leases

 

4.3

%  

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4.3

%

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Operating leases

 

7.4

%  

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7.7

%

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Schedule of supplemental balance sheet information related to leases

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December 31, 

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2024

    

2023

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amounts in millions

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Operating leases:

 

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​

​

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Operating lease ROU assets, net(1)

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$

109

​

105

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​

​

​

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​

​

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Current operating lease liabilities(2)

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$

48

​

45

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Operating lease liabilities(3)

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60

​

56

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Total operating lease liabilities

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$

108

​

101

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​

​

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Finance Leases:

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Property and equipment, at cost

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$

8

​

8

​

Accumulated depreciation

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(3)

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(2)

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Property and equipment, net

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$

5

​

6

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​

​

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Current obligations under finance leases(4)

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$

1

​

1

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Obligations under finance leases

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—

​

1

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Total finance lease liabilities

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$

1

​

2

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(1)Operating lease ROU assets, net are included within the Other assets, net line item in the accompanying combined balance sheets.
(2)Current operating lease liabilities are included within the Other current liabilities line item in the accompanying combined balance sheets.
(3)Operating lease liabilities are included within the Other liabilities line item in the accompanying combined balance sheets.
(4)Current obligations under finance leases are included within the Other current liabilities line item in the accompanying combined balance sheets.
Schedule of supplemental cash flow information related to leases

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Years ended December 31,

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2024

    

2023

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​

 

amounts in millions

Cash paid for amounts included in the measurement of lease liabilities:

 

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​

​

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Operating cash outflows from operating leases

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$

56

​

59

​

Financing cash outflows from finance leases

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$

1

​

1

​

ROU assets obtained in exchange for lease obligations

​

 

  

​

  

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Operating leases

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$

61

​

41

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Schedule of future lease payments under finance leases

Future lease payments under finance leases, operating leases and tower obligations with initial terms of one year or more at December 31, 2024 consisted of the following:

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Finance Leases

    

Operating Leases

    

Tower Obligations

 

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​

amounts in millions

 

2025

​

$

1

 

50

 

7

​

2026

​

 

—

 

36

 

7

​

2027

​

 

—

 

11

 

8

​

2028

​

 

—

 

8

 

8

​

2029

​

 

—

 

4

 

8

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Thereafter

​

 

—

 

13

 

76

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Total payments

​

 

1

 

122

 

114

​

Less: imputed interest

​

 

—

 

14

 

39

​

Total liabilities

​

$

1

 

108

 

75

​

​

Schedule of future lease payments under operating leases

Future lease payments under finance leases, operating leases and tower obligations with initial terms of one year or more at December 31, 2024 consisted of the following:

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​

​

​

​

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Finance Leases

    

Operating Leases

    

Tower Obligations

 

​

​

amounts in millions

 

2025

​

$

1

 

50

 

7

​

2026

​

 

—

 

36

 

7

​

2027

​

 

—

 

11

 

8

​

2028

​

 

—

 

8

 

8

​

2029

​

 

—

 

4

 

8

​

Thereafter

​

 

—

 

13

 

76

​

Total payments

​

 

1

 

122

 

114

​

Less: imputed interest

​

 

—

 

14

 

39

​

Total liabilities

​

$

1

 

108

 

75

​

​

Schedule of future lease payments under tower obligations

​

Future lease payments under finance leases, operating leases and tower obligations with initial terms of one year or more at December 31, 2024 consisted of the following:

​

​

​

​

​

​

​

​

​

​

​

    

Finance Leases

    

Operating Leases

    

Tower Obligations

 

​

​

amounts in millions

 

2025

​

$

1

 

50

 

7

​

2026

​

 

—

 

36

 

7

​

2027

​

 

—

 

11

 

8

​

2028

​

 

—

 

8

 

8

​

2029

​

 

—

 

4

 

8

​

Thereafter

​

 

—

 

13

 

76

​

Total payments

​

 

1

 

122

 

114

​

Less: imputed interest

​

 

—

 

14

 

39

​

Total liabilities

​

$

1

 

108

 

75

​

​