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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, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
OPERATING REVENUES $ 4,406 $ 1,772 $ 6,102 $ 3,572
OPERATING EXPENSES        
Cost of services and products (exclusive of depreciation and amortization) 1,781 627 2,407 1,271
Selling, general and administrative 968 264 1,205 522
Depreciation and amortization 1,198 358 1,567 711
Total operating expenses 3,947 1,249 5,179 2,504
OPERATING INCOME 459 523 923 1,068
OTHER (EXPENSE) INCOME        
Interest expense (280) (140) (408) (278)
Other (expense) income, net (14) 4 (11) 10
Total other (expense) income (294) (136) (419) (268)
INCOME BEFORE INCOME TAX EXPENSE 165 387 504 800
Income tax expense 63 149 191 309
NET INCOME $ 102 $ 238 $ 313 $ 491
EARNINGS PER COMMON SHARE        
BASIC (in dollars per share) $ 0.17 $ 0.79 $ 0.69 $ 1.63
DILUTED (in dollars per share) $ 0.17 $ 0.79 $ 0.69 $ 1.63
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 0.725 $ 0.725 $ 1.45 $ 1.45
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING        
BASIC (in shares) 598,884 300,058 451,358 299,736
DILUTED (in shares) 600,259 300,605 452,369 300,301