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SEC Filings

8-K
CHARTER COMMUNICATIONS, INC. /MO/ filed this Form 8-K on 11/03/2016
Entire Document
 

CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
UNAUDITED CAPITAL EXPENDITURES
(dollars in millions)

 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
 
Actual
 
Actual
 
Actual
 
Actual
 
 
 
 
 
 
 
 
Customer premise equipment (a)
$
662

 
$
163

 
$
1,177

 
$
448

Scalable infrastructure (b)
441

 
142

 
937

 
335

Line extensions (c)
249

 
57

 
467

 
144

Upgrade/Rebuild (d)
156

 
38

 
307

 
94

Support capital (e)
240

 
109

 
549

 
271

 
 
 
 
 
 
 
 
   Total capital expenditures
$
1,748

 
$
509

 
$
3,437

 
$
1,292

 
 
 
 
 
 
 
 
Capital expenditures included in total related to:
 
 
 
 
 
 
 
Commercial services
$
278

 
$
70

 
$
533

 
$
186

Transition (f)
$
109

 
$
24

 
$
273

 
$
66

 
 
 
 
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
 
Actual
 
Pro Forma (g)
 
Pro Forma (g)
 
Pro Forma (g)
 
 
 
 
 
 
 
 
Customer premise equipment (a)
$
662

 
$
712

 
$
2,074

 
$
2,097

Scalable infrastructure (b)
441

 
330

 
1,556

 
1,188

Line extensions (c)
249

 
237

 
751

 
725

Upgrade/Rebuild (d)
156

 
171

 
461

 
438

Support capital (e)
240

 
249

 
815

 
690

 
 
 
 
 
 
 
 
   Total capital expenditures
$
1,748

 
$
1,699

 
$
5,657

 
$
5,138


(a)
Customer premise equipment includes costs incurred at the customer residence to secure new customers and revenue generating units, including customer installation costs and customer premise equipment (e.g., set-top boxes and cable modems).
(b)
Scalable infrastructure includes costs, not related to customer premise equipment, to secure growth of new customers and revenue generating units, or provide service enhancements (e.g., headend equipment).
(c)
Line extensions include network costs associated with entering new service areas (e.g., fiber/coaxial cable, amplifiers, electronic equipment, make-ready and design engineering).
(d)
Upgrade/rebuild includes costs to modify or replace existing fiber/coaxial cable networks, including betterments.
(e)
Support capital includes costs associated with the replacement or enhancement of non-network assets due to technological and physical obsolescence (e.g., non-network equipment, land, buildings and vehicles).
(f)
Transition represents incremental costs incurred to integrate the Legacy TWC and Legacy Bright House operations and to bring the three companies' systems and processes into a uniform operating structure.
(g)
Pro forma results reflect certain acquisitions of cable systems in 2016 as if they occurred as of the earliest period presented.


Addendum to Charter Communications, Inc. Third Quarter 2016 Earnings Release
Page 8 of 8