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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 500 $ 936
Accounts receivable, less allowances of $53 and $57, respectively 544 571
Restricted cash 8,352 8,444
Prepaid expenses 129 100
Income taxes and other current assets 51 80
Total current assets 9,576 10,131
Property, plant and equipment, net 8,495 8,493
Goodwill 7,166 7,166
Other intangibles, net 1,067 1,143
Other assets 150 151
Total assets 26,454 27,084
Current liabilities:    
Long-term debt due within one year 370 384
Accounts payable 474 467
Advanced billings 158 160
Accrued other taxes 87 87
Accrued interest 233 403
Pension and other postretirement benefits 29 33
Other current liabilities 383 359
Total current liabilities 1,734 1,893
Deferred income taxes 2,551 2,666
Pension and other postretirement benefits 1,178 1,163
Other liabilities 241 240
Long-term debt $ 15,496 $ 15,508
Equity:    
Preferred stock, $0.01 par value (50,000 authorized shares, 11.125%, Series A, 19,250 shares issued and outstanding at March 31, 2016 and December 31, 2015)
Common stock, $0.25 par value (1,750,000 authorized shares, 1,192,986 issued and 1,172,658 and 1,168,200 outstanding, at March 31, 2016 and December 31, 2015, respectively) $ 298 $ 298
Additional paid-in capital 5,801 6,034
Retained deficit (273) (87)
Accumulated other comprehensive loss, net of tax (347) (353)
Treasury stock (225) (278)
Total equity 5,254 5,614
Total liabilities and equity $ 26,454 $ 27,084