Charter 2010 Annual Report Download - page 111

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F- F-PB
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2010, 2009, AND 2008
(dollars in millions, except share or per share data or where indicated)

Other operating (income) expenses, net consist of the following for the years presented:
Successor Predecessor
Year Ended
December 31,
2010
One Month
Ended
December 31,
2009
Eleven Months
Ended
November 31,
2009
Year Ended
December 31,
2009
Loss on sale of assets, net $ 9 $ 1 $ 6 $ 13
Special charges, net 16 3 (44) 56
$ 25 $ 4 $ (38) $ 69
Loss on sale of assets, net
Loss on sale of assets represents the loss recognized on the sales of fixed assets and cable systems, including the sale of systems serving
approximately 64,900 basic video customers in October 2010.
Special charges, net
Special charges, net for the year ended December 31, 2010, one month ended December 31, 2009, eleven months ended November 30, 2009
and year ended December 31, 2008 primarily includes net amounts received or paid in litigation settlements and severance charges.

Gain (loss) on extinguishment of debt consists of the following for years presented:
Successor Predecessor
Year Ended
December 31,
2010
One Month
Ended December
31, 2009
Eleven Months
Ended November
30, 2009
Year Ended
December 31,
2008
Charter Holdings debt notes repurchases / exchanges $ -- $ -- $ -- $ 3
Charter convertible note repurchases / exchanges -- -- -- 5
CCH II tender offer -- -- -- (4)
CCO Holdings debt notes repurchases / exchanges (17) -- -- --
Charter Operating debt notes repurchases (17) -- -- --
Charter Operating credit amendment / prepayments (51) -- -- --
$ (85) $ -- $ -- $ 4
In October and December 2010, the Company prepaid $266 million principal amount of term B-1 and B-2 loans under the Charter
Operating credit facilities resulting in a loss on extinguishment of debt of approximately $13 million for the year ended December 31, 2010
(Successor).
On September 27, 2010 CCO Holdings and CCO Holdings Capital Corp. closed on transactions in which they issued the 2017 Notes. e
net proceeds were used in October to repay amounts outstanding under the Charter Operating credit facilities. e transaction resulted in a
loss on extinguishment of debt of approximately $34 million for the year ended December 31, 2010 (Successor).