CONSOLIDATED BALANCE SHEETS (USD $) In Millions, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
CURRENT ASSETS
Cash and cash equivalents	$ 41	$ 48
Accounts receivable, less allowance of $77 and $62	1,220	1,201
Advances to affiliates	73	742
Deferred income taxes, net	553	559
Other	306	265
Total current assets	2,193	2,815
NET PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	11,030	10,679
Accumulated depreciation	(1,883)	(1,218)
Net property, plant and equipment	9,147	9,461
GOODWILL AND OTHER ASSETS
Goodwill	10,123	10,123
Customer relationships, net	6,300	6,788
Other intangible assets, net	1,422	1,587
Other	363	381
Total goodwill and other assets	18,208	18,879
TOTAL ASSETS	29,548	31,155
CURRENT LIABILITIES
Current maturities of long-term debt	1,342	117
Accounts payable	736	973
Accounts payable-affiliates, net		394
Notes payable-affiliates	583
Dividends payable-CenturyLink, Inc.	750	200
Accrued expenses and other liabilities
Salaries and benefits	447	469
Income and other taxes	245	263
Interest	130	175
Other	143	104
Advance billings and customer deposits	411	400
Total current liabilities	4,787	3,095
LONG-TERM DEBT	9,436	12,179
DEFERRED CREDITS AND OTHER LIABILITIES
Benefit plan obligations, net	3,124	3,198
Deferred income taxes, net	701	630
Other	698	777
Total deferred credits and other liabilities	4,523	4,605
COMMITMENTS AND CONTINGENCIES (Note 9)
STOCKHOLDER'S EQUITY
Common stock-$0.01 par value, 1,000 shares authorized, issued and owned by CenturyLink
Additional paid-in capital	12,273	12,273
Accumulated other comprehensive loss	(446)	(446)
Accumulated deficit	(1,025)	(551)
Total stockholder's equity	10,802	11,276
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY	$ 29,548	$ 31,155