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SEC Filings

8-K
CHARTER COMMUNICATIONS, INC. /MO/ filed this Form 8-K on 10/26/2017
Entire Document
 

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

 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
 
Actual
 
Actual
 
Actual
 
Actual
 
 
 
 
 
 
 
 
Customer premise equipment (a)
$
855

 
$
662

 
$
2,579

 
$
1,177

Scalable infrastructure (b)
632

 
441

 
1,282

 
937

Line extensions (c)
319

 
249

 
864

 
467

Upgrade/rebuild (d)
163

 
156

 
415

 
307

Support capital (e)
424

 
240

 
956

 
549

 
 
 
 
 
 
 
 
   Total capital expenditures
$
2,393

 
$
1,748

 
$
6,096

 
$
3,437

 
 
 
 
 
 
 
 
Capital expenditures included in total related to:
 
 
 
 
 
 
 
Commercial services
$
339

 
$
306

 
$
941

 
$
566

Transition (f)
$
125

 
$
109

 
$
287

 
$
273

 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30,
 
 
 
 
 
2017
 
2016
 
 
 
 
 
Actual
 
Pro Forma (g)
 
 
 
 
 
 
 
 
Customer premise equipment (a)
 
 
 
 
$
2,579

 
$
2,074

Scalable infrastructure (b)
 
 
 
 
1,282

 
1,556

Line extensions (c)
 
 
 
 
864

 
751

Upgrade/rebuild (d)
 
 
 
 
415

 
461

Support capital (e)
 
 
 
 
956

 
815

 
 
 
 
 
 
 
 
   Total capital expenditures
 
 
 
 
$
6,096

 
$
5,657

 
 
 
 
 
 
 
 
Capital expenditures included in total related to:
 
 
 
 
 
 
 
Commercial services
 
 
 
 
$
941

 
$
931

Transition (f)
 
 
 
 
$
287

 
$
273


(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 January 1, 2015.


Addendum to Charter Communications, Inc. Third Quarter 2017 Earnings Release
Page 8 of 8