Item 6. Selected Financial Data.
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Item 6. Selected Financial Data.
The following table presents selected consolidated financial data for the periods indicated (dollars in millions, except per share data):
| Years Ended December 31, | |||||||||||||||||||
| 2018 | 2017 | 2016 | 2015 | 2014 | |||||||||||||||
| Statement of Operations Data: | |||||||||||||||||||
| Revenues | $ | 43,634 | $ | 41,581 | $ | 29,003 | $ | 9,754 | $ | 9,108 | |||||||||
| Income from operations | $ | 5,221 | $ | 4,106 | $ | 2,456 | $ | 1,114 | $ | 971 | |||||||||
| Interest expense, net | $ | 3,540 | $ | 3,090 | $ | 2,499 | $ | 1,306 | $ | 911 | |||||||||
| Income (loss) before income taxes | $ | 1,686 | $ | 1,028 | $ | 820 | $ | (331 | ) | $ | 53 | ||||||||
| Net income (loss) attributable to Charter shareholders | $ | 1,230 | $ | 9,895 | $ | 3,522 | $ | (271 | ) | $ | (183 | ) | |||||||
| Income (loss) per common share, basic | $ | 5.29 | $ | 38.55 | $ | 17.05 | $ | (2.68 | ) | $ | (1.88 | ) | |||||||
| Income (loss) per common share, diluted | $ | 5.22 | $ | 34.09 | $ | 15.94 | $ | (2.68 | ) | $ | (1.88 | ) | |||||||
| Weighted average shares outstanding, basic (a) | 232,356,665 | 256,720,715 | 206,539,100 | 101,152,647 | 97,991,915 | ||||||||||||||
| Weighted average shares outstanding, diluted (a) | 235,525,226 | 296,703,956 | 234,791,439 | 101,152,647 | 97,991,915 | ||||||||||||||
| Balance Sheet Data (end of period): | |||||||||||||||||||
| Investment in cable properties | $ | 141,564 | $ | 142,712 | $ | 144,396 | $ | 16,375 | $ | 16,652 | |||||||||
| Total assets | $ | 146,130 | $ | 146,623 | $ | 149,067 | $ | 39,316 | $ | 24,388 | |||||||||
| Total debt | $ | 72,827 | $ | 70,231 | $ | 61,747 | $ | 35,723 | $ | 20,887 | |||||||||
| Total shareholders’ equity (deficit) | $ | 44,272 | $ | 47,531 | $ | 50,366 | $ | (46 | ) | $ | 146 |
| (a) | Weighted average number of shares outstanding for the years ended December 31, 2015 and 2014 have been recast to reflect the application of the Parent Merger Exchange Ratio (as defined in the Merger Agreement). |
Comparability of the above information from year to year is affected by acquisitions and dispositions completed by us, including the Transactions. See “Part I. Item 1. Business” for a discussion regarding the Transactions.
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