XML 16 R5.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 4 $ 3
Accounts receivable, less allowance of $49 and $47 676 688
Advances to affiliates 1,186 788
Other 146 123
Total current assets 2,012 1,602
NET PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 12,379 12,182
Accumulated depreciation (4,974) (4,808)
Net property, plant and equipment 7,405 7,374
GOODWILL AND OTHER ASSETS    
Goodwill 9,354 9,354
Other intangible assets, less accumulated amortization of $1,432 and $1,383 577 613
Other, net 92 92
Total goodwill and other assets 12,314 12,494
TOTAL ASSETS 21,731 21,470
CURRENT LIABILITIES    
Current maturities of long-term debt 243 242
Accounts payable 445 369
Note payable - affiliate 855 855
Accrued expenses and other liabilities    
Salaries and benefits 145 211
Income and other taxes 220 189
Other 187 135
Current affiliate obligations, net 96 97
Advance billings and customer deposits 326 324
Total current liabilities 2,517 2,422
LONG-TERM DEBT 7,218 6,997
DEFERRED CREDITS AND OTHER LIABILITIES    
Deferred revenues 124 137
Deferred income taxes, net 1,878 1,896
Affiliate obligations, net 1,030 1,051
Other 56 60
Total deferred credits and other liabilities $ 3,088 $ 3,144
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 other comprehensive loss (3) 0
Accumulated deficit (1,139) (1,143)
Total stockholder's equity 8,908 8,907
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY 21,731 21,470
Customer Relationships    
Customer relationships, less accumulated amortization of $3,408 and $3,264 $ 2,291 $ 2,435