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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 119 $ 354
Accounts receivable, less allowances of $91 and $105, respectively 715 723
Contract acquisition costs 111 107
Prepaid expenses 104 86
Income taxes and other current assets 61 60
Total current assets 1,110 1,330
Property, plant and equipment, net 14,034 14,187
Goodwill 6,383 6,383
Other intangibles, net 1,364 1,494
Other assets 471 265
Total assets 23,362 23,659
Current liabilities:    
Long-term debt due within one year 393 814
Accounts payable 473 495
Advanced billings 260 256
Accrued other taxes 198 182
Accrued interest 226 381
Pension and other postretirement benefits 39 39
Other current liabilities 421 394
Total current liabilities 2,010 2,561
Deferred income taxes 1,132 1,109
Pension and other postretirement benefits 1,733 1,750
Other liabilities 426 281
Long-term debt 16,526 16,358
Equity:    
Common stock, $0.25 par value (175,000 authorized shares, 106,025 issued and 105,307 and 105,536 outstanding, at March 31, 2019 and December 31, 2018, respectively) 27 27
Additional paid-in capital 4,805 4,802
Accumulated deficit (2,749) (2,752)
Accumulated other comprehensive loss, net of tax (534) (463)
Treasury common stock (14) (14)
Total equity 1,535 1,600
Total liabilities and equity $ 23,362 $ 23,659