Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Charter Communications Inc. (NASDAQ:CHTR)

Adjustments to Financial Statements

Advanced level

Adjustments to Current Assets

Charter Communications Inc., adjusted current assets

US$ in millions

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
As Reported
Current assets 3,906  6,471  2,730  2,555  3,300 
Adjustments
Add: Allowance for doubtful accounts 194  151  129  113  124 
After Adjustment
Adjusted current assets 4,100  6,622  2,859  2,668  3,424 

Based on: 10-K (filing date: 2021-01-29), 10-K (filing date: 2020-01-31), 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-02-02), 10-K (filing date: 2017-02-16).


Adjustments to Total Assets

Charter Communications Inc., adjusted total assets

US$ in millions

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
As Reported
Total assets 144,206  148,188  146,130  146,623  149,067 
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)1 —  —  1,299  1,210  1,058 
Add: Allowance for doubtful accounts 194  151  129  113  124 
After Adjustment
Adjusted total assets 144,400  148,339  147,558  147,946  150,249 

Based on: 10-K (filing date: 2021-01-29), 10-K (filing date: 2020-01-31), 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-02-02), 10-K (filing date: 2017-02-16).

1 Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »


Adjustments to Current Liabilities

Charter Communications Inc., adjusted current liabilities

US$ in millions

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
As Reported
Current liabilities 9,875  12,385  12,095  11,090  9,572 
Adjustments
Less: Current deferred revenue 436  460  494  395  352 
After Adjustment
Adjusted current liabilities 9,439  11,925  11,601  10,695  9,220 

Based on: 10-K (filing date: 2021-01-29), 10-K (filing date: 2020-01-31), 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-02-02), 10-K (filing date: 2017-02-16).


Adjustments to Total Liabilities

Charter Communications Inc., adjusted total liabilities

US$ in millions

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
As Reported
Total liabilities 113,925  109,377  101,858  99,092  98,701 
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)1 —  —  1,299  1,210  1,058 
Less: Deferred tax liabilities2 18,108  17,711  17,389  17,314  26,665 
Less: Deferred revenue 471  494  528  395  352 
After Adjustment
Adjusted total liabilities 95,346  91,172  85,240  82,593  72,742 

Based on: 10-K (filing date: 2021-01-29), 10-K (filing date: 2020-01-31), 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-02-02), 10-K (filing date: 2017-02-16).

1 Operating lease liability (before adoption of FASB Topic 842). See details »

2 Deferred tax liabilities. See details »


Adjustments to Stockholders’ Equity

Charter Communications Inc., adjusted total Charter shareholders’ equity

US$ in millions

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
As Reported
Total Charter shareholders’ equity 23,805  31,445  36,285  39,084  40,139 
Adjustments
Less: Net deferred tax assets (liabilities)1 (18,108) (17,711) (17,389) (17,314) (26,665)
Add: Allowance for doubtful accounts 194  151  129  113  124 
Add: Deferred revenue 471  494  528  395  352 
Add: Noncontrolling interests 6,476  7,366  7,987  8,447  10,227 
After Adjustment
Adjusted total shareholders’ equity 49,054  57,167  62,318  65,353  77,507 

Based on: 10-K (filing date: 2021-01-29), 10-K (filing date: 2020-01-31), 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-02-02), 10-K (filing date: 2017-02-16).

1 Net deferred tax assets (liabilities). See details »


Adjustments to Capitalization Table

Charter Communications Inc., adjusted capitalization table

US$ in millions

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
As Reported
Current portion of long-term debt 1,008  3,500  3,290  2,045  2,028 
Long-term debt, less current portion 81,744  75,578  69,537  68,186  59,719 
Total reported debt 82,752  79,078  72,827  70,231  61,747 
Total Charter shareholders’ equity 23,805  31,445  36,285  39,084  40,139 
Total reported capital 106,557  110,523  109,112  109,315  101,886 
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)1 —  —  1,299  1,210  1,058 
Add: Operating lease liabilities, current portion2 235  214  —  —  — 
Add: Operating lease liabilities, long-term portion (included within Other long-term liabilities)3 1,110  979  —  —  — 
Adjusted total debt 84,097  80,271  74,126  71,441  62,805 
Adjustments to Equity
Less: Net deferred tax assets (liabilities)4 (18,108) (17,711) (17,389) (17,314) (26,665)
Add: Allowance for doubtful accounts 194  151  129  113  124 
Add: Deferred revenue 471  494  528  395  352 
Add: Noncontrolling interests 6,476  7,366  7,987  8,447  10,227 
Adjusted total shareholders’ equity 49,054  57,167  62,318  65,353  77,507 
After Adjustment
Adjusted total capital 133,151  137,438  136,444  136,794  140,312 

Based on: 10-K (filing date: 2021-01-29), 10-K (filing date: 2020-01-31), 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-02-02), 10-K (filing date: 2017-02-16).

1 Operating lease liability (before adoption of FASB Topic 842). See details »

2 Operating lease liabilities, current portion. See details »

3 Operating lease liabilities, long-term portion (included within Other long-term liabilities). See details »

4 Net deferred tax assets (liabilities). See details »


Adjustments to Revenues

Charter Communications Inc., adjusted revenues

US$ in millions

Microsoft Excel LibreOffice Calc
12 months ended: Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
As Reported
Revenues 48,097  45,764  43,634  41,581  29,003 
Adjustment
Add: Increase (decrease) in deferred revenue (23) (34) 99  43  256 
After Adjustment
Adjusted revenues 48,074  45,730  43,733  41,624  29,259 

Based on: 10-K (filing date: 2021-01-29), 10-K (filing date: 2020-01-31), 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-02-02), 10-K (filing date: 2017-02-16).


Adjustments to Reported Income

Charter Communications Inc., adjusted net income attributable to Charter shareholders

US$ in millions

Microsoft Excel LibreOffice Calc
12 months ended: Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
As Reported
Net income attributable to Charter shareholders 3,222  1,668  1,230  9,895  3,522 
Adjustments
Add: Deferred income tax expense (benefit)1 465  320  110  (9,116) (2,958)
Add: Increase (decrease) in allowance for doubtful accounts 43  22  16  (11) 103 
Add: Increase (decrease) in deferred revenue (23) (34) 99  43  256 
Add: Consolidated other comprehensive income (loss) —  (1)
Add: Comprehensive income (loss), net of tax, attributable to noncontrolling interest 454  324  276  220  223 
After Adjustment
Adjusted consolidated net income 4,161  2,302  1,730  1,037  1,152 

Based on: 10-K (filing date: 2021-01-29), 10-K (filing date: 2020-01-31), 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-02-02), 10-K (filing date: 2017-02-16).

1 Deferred income tax expense (benefit). See details »