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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 2 $ 5
Accounts receivable, less allowance of $39 and $41 514 546
Advances to affiliates 1,842 1,148
Other 128 147
Total current assets 2,486 1,846
Property, plant and equipment, net of accumulated depreciation of $7,746 and $6,951 8,170 8,077
GOODWILL AND OTHER ASSETS    
Goodwill 9,360 9,360
Operating lease assets 105  
Customer relationships, net 468 893
Other Intangible Assets, Net 311 311
Other, net 99 96
Total goodwill and other assets 10,343 10,660
TOTAL ASSETS 20,999 20,583
CURRENT LIABILITIES    
Current maturities of long-term debt 1,105 11
Accounts payable 403 441
Note payable - affiliate 1,069 1,008
Accrued expenses and other liabilities    
Salaries and benefits 276 251
Income and other taxes 94 140
Interest 55 55
Other 134 75
Current affiliate obligations, net 72 79
Current portion of deferred revenue 201 212
Total current liabilities 3,409 2,272
LONG-TERM DEBT 4,846 5,948
DEFERRED CREDITS AND OTHER LIABILITIES    
Deferred revenue 108 91
Deferred income taxes, net 1,198 1,098
Noncurrent operating lease liabilities 89  
Affiliate obligations, net 717 759
Other 515 547
Total deferred credits and other liabilities 2,627 2,495
COMMITMENTS AND CONTINGENCIES (Note 16)
STOCKHOLDER'S EQUITY    
Common stock - one share without par value, owned by Qwest Services Corporation 10,050 10,050
Retained earnings (accumulated deficit) 67 (182)
Total stockholder's equity 10,117 9,868
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY $ 20,999 $ 20,583