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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 9 $ 6
Accounts receivable, less allowance of $49 and $38 706 740
Advances to affiliates 1,383 812
Deferred income taxes, net 161 163
Other 129 125
Total current assets 2,388 1,846
NET PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 11,918 11,157
Accumulated depreciation (4,624) (3,956)
Net property, plant and equipment 7,294 7,201
GOODWILL AND OTHER ASSETS    
Goodwill 9,354 9,354
Other intangible assets, less accumulated amortization of $1,384 and $1,247 663 808
Other, net 215 209
Total goodwill and other assets 12,814 13,410
TOTAL ASSETS 22,496 22,457
CURRENT LIABILITIES    
Current maturities of long-term debt 644 117
Accounts payable 491 464
Note payable - affiliate 827 796
Accrued expenses and other liabilities    
Salaries and benefits 249 220
Income and other taxes 210 197
Other 178 140
Advance billings and customer deposits 321 327
Total current liabilities 2,920 2,261
LONG-TERM DEBT 7,120 7,262
DEFERRED CREDITS AND OTHER LIABILITIES    
Deferred revenues 140 153
Deferred income taxes, net 2,003 2,247
Affiliate obligations, net 1,266 1,271
Other 61 80
Total deferred credits and other liabilities $ 3,470 $ 3,751
COMMITMENTS AND CONTINGENCIES (Note 5)
STOCKHOLDER'S EQUITY    
Common stock - one share without par value, owned by Qwest Services Corporation $ 10,050 $ 10,050
Accumulated deficit (1,064) (867)
Total stockholder's equity 8,986 9,183
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY 22,496 22,457
Customer Relationships    
Customer relationships, less accumulated amortization of $3,117 and $2,660 $ 2,582 $ 3,039