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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Income Statement [Abstract]        
OPERATING REVENUES $ 4,541 $ 4,525 $ 9,079 $ 9,038
OPERATING EXPENSES        
Cost of services and products (exclusive of depreciation and amortization) 1,962 1,873 3,897 3,669
Selling, general and administrative 831 814 1,674 1,632
Depreciation and amortization 1,093 1,123 2,200 2,240
Total operating expenses 3,886 3,810 7,771 7,541
OPERATING INCOME 655 715 1,308 1,497
OTHER INCOME (EXPENSE)        
Interest expense (325) (325) (656) (641)
Other income (7) 4 2 43
Total other income (expense) (332) (321) (654) (598)
INCOME BEFORE INCOME TAX EXPENSE 323 394 654 899
Income tax expense 130 125 258 332
Net income $ 193 $ 269 $ 396 $ 567
BASIC AND DILUTED EARNINGS PER COMMON SHARE        
BASIC (in dollars per share) $ 0.34 $ 0.45 $ 0.69 $ 0.93
DILUTED (in dollars per share) $ 0.34 $ 0.44 $ 0.69 $ 0.92
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 0.54 $ 0.54 $ 1.08 $ 1.08
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING        
BASIC (in shares) 567,915 604,302 571,225 611,862
DILUTED (in shares) 569,032 605,602 572,244 613,338