XML 15 R3.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 1 $ 5
Accounts receivable, less allowance of $47 and $53 646 700
Advances to affiliates 1,024 872
Other 98 129
Total current assets 1,769 1,706
NET PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 14,316 13,247
Accumulated depreciation (6,392) (5,602)
Net property, plant and equipment 7,924 7,645
GOODWILL AND OTHER ASSETS    
Goodwill 9,360 9,354
Other intangible assets, net 379 471
Other, net 75 96
Total goodwill and other assets 11,176 11,798
TOTAL ASSETS 20,869 21,149
CURRENT LIABILITIES    
Current maturities of long-term debt 17 514
Accounts payable 317 398
Note payable - affiliate 965 914
Accrued expenses and other liabilities    
Salaries and benefits 238 273
Income and other taxes 174 175
Other 138 122
Current affiliate obligations, net 82 87
Advance billings and customer deposits 265 313
Total current liabilities 2,196 2,796
LONG-TERM DEBT 7,264 6,747
DEFERRED CREDITS AND OTHER LIABILITIES    
Deferred revenues 128 131
Deferred income taxes, net 1,001 1,773
Affiliate obligations, net 861 944
Other 82 66
Total deferred credits and other liabilities 2,072 2,914
COMMITMENTS AND CONTINGENCIES (Note 15)
STOCKHOLDER'S EQUITY    
Common stock - one share without par value, owned by Qwest Services Corporation 10,050 10,050
Accumulated deficit (713) (1,358)
Total stockholder's equity 9,337 8,692
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY 20,869 21,149
Customer Relationships    
Customer relationships, net $ 1,362 $ 1,877