Property, plant and equipment (including equipment under finance leases) consist of the following assets, which are depreciated or amortized on a straight-line basis over the estimated useful lives shown below:
December 31,Estimated
Useful Lives
 20252024
Customer premise equipment$2,575,136 $2,404,889 
3 to 5 years
Headends and related equipment2,530,890 2,475,499 
5 to 25 years
Infrastructure9,854,837 9,298,328 
5 to 25 years
Equipment and software1,791,700 1,607,236 
3 to 10 years
Construction in progress (including materials and supplies)310,533 328,033  
Furniture and fixtures84,586 82,150 
5 to 8 years
Transportation equipment180,389 139,627 
5 to 10 years
Buildings and building improvements602,027 592,421 
7 to 40 years
Leasehold improvements206,608 198,449 Term of lease
Land50,643 50,014  
 18,187,349 17,176,646  
Less accumulated depreciation and amortization(9,835,958)(8,762,014) 
 $8,351,391 $8,414,632  

Historical Timeline

Fiscal YearFiled
2025Feb 13, 2026Showing above
2024Feb 13, 2025
2023Feb 15, 2024
2022Feb 23, 2023
2021Feb 16, 2022
2020Feb 12, 2021
2019Feb 14, 2020
2018Mar 1, 2019

About PP&E Disclosures

The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.

Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.