ASC 606 Adoption And Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2018

ASC 606 Adoption And Revenue Recognition [Abstract]

Schedule Of Prior Period Impact Of New Accounting Pronouncement

			(Unaudited)
	As Reported		ASC 606		Adjusted
($ in millions)	December 31, 2017		Transition Adjustment		January 1, 2018
Assets
Accounts receivable, net	$	819	$	(32)	$	787
Contract acquisition costs	$	-	$	87	$	87
Other current assets	$	64	$	4	$	68
Property, plant and equipment, net	$	14,377	$	15	$	14,392
Other assets	$	97	$	127	$	224
Liabilities and Equity
Other current liabilities	$	330	$	5	$	335
Other liabilities	$	317	$	(9)	$	308
Deferred income taxes	$	1,139	$	51	$	1,190
Accumulated deficit	$	(2,263)	$	154	$	(2,109)

Schedule Of Impact Of New Accounting Pronouncement On Balance Sheet And Income Statement

	March 31, 2018
			Impact of		Amounts Excluding
($ in millions)	As Reported		Adoption of ASC 606		adoption of ASC 606
Assets
Accounts receivable, net	$	778	$	32	$	810
Prepaid expenses	$	78	$	4	$	82
Contract acquisition costs	$	91	$	(91)	$	-
Other current assets	$	54	$	(2)	$	52
Property, plant and equipment, net	$	14,321	$	(24)	$	14,297
Other assets	$	228	$	(130)	$	98
Liabilities and Equity
Other current liabilities	$	334	$	(9)	$	325
Other liabilities	$	280	$	10	$	290
Deferred income taxes	$	1,217	$	(53)	$	1,164
Accumulated deficit	$	(2,089)	$	(159)	$	(2,248)

	For the three months ended March 31, 2018
			Impact of		Amounts Excluding
	As Reported		Adoption of ASC 606		Adoption of ASC 606
($ in millions)
Revenue	$	2,199	$	(6)	$	2,193
Operating expenses:
Network access expenses		372		(3)		369
Network related expenses		483		-		483
Selling, general and administrative expenses		469		4		473
Other operating expenses		509		-		509
Total operating expenses		1,833		1		1,834
Operating income	$	366	$	(7)	$	359

Disaggregation Of Revenue

	For the three months ended March 31,
	2018
			Impact		Amounts Excluding
			Adoption of		Adoption of
($ in millions)	As reported		ASC 606		ASC 606		2017
Data and Internet services	$	985	$	(43)	$	942	$	993
Voice services		702		(32)		670		751
Video services		280		29		309		347
Other		135		(50)		85		68
Revenue from contracts
with customers		2,102		(96)		2,006		2,159
Subsidy and other regulatory revenue		97		90		187		197
Total revenue	$	2,199	$	(6)	$	2,193	$	2,356

	For the three months ended March 31,
	2018
			Impact of		Amounts Excluding
			Adoption of		Adoption of
($ in millions)	As reported		ASC 606		ASC 606		2017
Consumer	$	1,128	$	(39)	$	1,089	$	1,164
Commercial		974		(57)		917		995
Revenue from contracts
with customers		2,102		(96)		2,006		2,159
Subsidy and other regulatory revenue		97		90		187		197
Total revenue	$	2,199	$	(6)	$	2,193	$	2,356

Contract Asset, Liability, And Receivables Balances

($ in millions)	January 1, 2018		March 31, 2018		Increase/Decrease
Contract Assets:
Short-term contract assets	$	40	$	39	$	(1)
Long-term contract assets	$	37	$	37	$	-
Contract Liabilities:
Short-term contract liabilities	$	41	$	47	$	6
Long-term contract liabilities	$	19	$	19	$	-
Receivables	$	787	$	778	$	(9)
Advanced billings	$	270	$	271	$	1

Performance Obligations, Revenue

($ in millions)	Revenue from contracts with customers
2018 (remaining nine months)	$	3,276
2019		2,202
2020		669
2021		316
2022		196
Thereafter		256
Total	$	6,915