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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 7 $ 14
Accounts receivable, less allowance of $44 and $61 327 364
Other 137 122
Total current assets 471 500
Property, plant and equipment, net of accumulated depreciation of $8,719 and $8,347 8,200 8,309
GOODWILL AND OTHER ASSETS    
Goodwill 9,360 9,360
Other intangible assets, net 231 343
Other, net 146 147
Total goodwill and other assets 9,737 9,850
TOTAL ASSETS 18,408 18,659
CURRENT LIABILITIES    
Current maturities of long-term debt 949 948
Accounts payable 232 292
Advances from affiliates 203 592
Note payable - affiliate 1,158 1,130
Accrued expenses and other liabilities    
Salaries and benefits 158 178
Income and other taxes 110 95
Other 193 186
Current portion of deferred revenue 182 183
Total current liabilities 3,185 3,604
LONG-TERM DEBT 2,156 2,386
DEFERRED CREDITS AND OTHER LIABILITIES    
Deferred income taxes, net 1,233 1,249
Affiliate obligations, net 628 637
Other 687 685
Total deferred credits and other liabilities 2,548 2,571
COMMITMENTS AND CONTINGENCIES (Note 7)
STOCKHOLDER'S EQUITY    
Common stock - one share without par value, owned by Qwest Services Corporation 10,050 10,050
Retained earnings 469 48
Total stockholder's equity 10,519 10,098
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY $ 18,408 $ 18,659