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SEC Filings

10-Q
CCO HOLDINGS LLC filed this Form 10-Q on 10/27/2017
Entire Document
 


PART I. FINANCIAL INFORMATION
Item 1. Financial Statements.

CCO HOLDINGS, LLC AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(dollars in millions)
 
September 30,
2017
 
December 31,
2016
 
(unaudited)
 
 
ASSETS
 
 
 
CURRENT ASSETS:
 
 
 
Cash and cash equivalents
$
1,974

 
$
1,324

Accounts receivable, less allowance for doubtful accounts of
 
 
 
$103 and $124, respectively
1,573

 
1,387

Prepaid expenses and other current assets
275

 
300

Total current assets
3,822

 
3,011

 
 
 
 
INVESTMENT IN CABLE PROPERTIES:
 
 
 
Property, plant and equipment, net of accumulated
 
 
 
depreciation of $16,350 and $11,085, respectively
33,066

 
32,718

Customer relationships, net
12,589

 
14,608

Franchises
67,316

 
67,316

Goodwill
29,554

 
29,509

Total investment in cable properties, net
142,525

 
144,151

 
 
 
 
OTHER NONCURRENT ASSETS
1,115

 
1,157

 
 
 
 
Total assets
$
147,462

 
$
148,319

 
 
 
 
LIABILITIES AND MEMBER'S EQUITY
 
 
 
CURRENT LIABILITIES:
 
 
 
Accounts payable and accrued liabilities
$
7,503

 
$
6,897

Payables to related party
636

 
621

Current portion of long-term debt
2,068

 
2,028

Total current liabilities
10,207

 
9,546

 
 
 
 
LONG-TERM DEBT
66,064

 
59,719

LOANS PAYABLE - RELATED PARTY
818

 
640

DEFERRED INCOME TAXES
39

 
25

OTHER LONG-TERM LIABILITIES
2,307

 
2,526

 
 
 
 
MEMBER'S EQUITY:
 
 
 
Member's equity
68,005

 
75,845

Accumulated other comprehensive loss
(2
)
 
(7
)
Total CCO Holdings member's equity
68,003

 
75,838

Noncontrolling interests
24

 
25

Total member’s equity
68,027

 
75,863

 
 
 
 
Total liabilities and member’s equity
$
147,462

 
$
148,319


The accompanying notes are an integral part of these consolidated financial statements.
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