XML 33 R32.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Acquisition of Qwest (Details) (USD $)
In Millions, except Share data
3 Months Ended 6 Months Ended 1 Months Ended 3 Months Ended 6 Months Ended 1 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Apr. 30, 2011
Qwest
Jun. 30, 2011
Qwest
Jun. 30, 2011
Qwest
Apr. 02, 2011
Qwest
Mar. 31, 2011
Qwest
Apr. 30, 2011
Qwest as separate legal entity parent of acquiree
Apr. 02, 2011
Qwest as separate legal entity parent of acquiree
Mar. 31, 2011
Qwest as separate legal entity parent of acquiree
Acquisition of Qwest                        
Number of CenturyLink shares that Qwest shareholders received for each share of common stock owned at closing (in shares)               0.1664        
Common shares issued to consummate the merger (in shares)         294,000,000              
Closing stock price used to value shares issued for acquisition (in dollars per share)                 $ 41.55      
Net value of pre-combination portion of share-based compensation awards assumed               $ 52        
Cash paid in lieu of fractional shares               5        
Assignment of the aggregate consideration                        
Cash, accounts receivable and other current assets               2,036        
Property, plant and equipment               9,525        
Identifiable intangible assets                        
Customer relationships               7,625        
Capitalized software               1,702        
Other               366        
Other noncurrent assets               373        
Current liabilities, excluding current maturities of long-term debt               (2,424)        
Current maturities of long-term debt               (2,422)        
Long-term debt               (10,253)        
Deferred credits and other liabilities               (4,260)        
Goodwill           10,005 10,005 10,005        
Aggregate Consideration               12,273        
Proforma financial information                        
Operating revenues           2,746 2,746          
Operating revenues   4,635 8,887 9,335                
Net income   268 386 428                
Basic earnings per common share (in dollars per share)   $ 0.45 $ 0.64 $ 0.73                
Diluted earnings per common share (in dollars per share)   $ 0.45 $ 0.64 $ 0.72                
Merger-related transaction costs in Qwest acquisition, cumulative amount 76   76               71 36
Merger-related transaction costs in Qwest acquisition $ 58 $ 10 $ 58 $ 10           $ 35