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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 2 $ 14
Accounts receivable, less allowance of $39 and $61 339 364
Advances to affiliates 368 0
Other 180 122
Total current assets 889 500
Property, plant and equipment, net of accumulated depreciation of $8,913 and $8,347 8,168 8,309
GOODWILL AND OTHER ASSETS    
Goodwill 9,360 9,360
Other intangible assets, net 215 343
Other, net 161 147
Total goodwill and other assets 9,736 9,850
TOTAL ASSETS 18,793 18,659
CURRENT LIABILITIES    
Current maturities of long-term debt 950 948
Accounts payable 239 292
Advances from affiliates 0 592
Note payable - affiliate 1,187 1,130
Accrued expenses and other liabilities    
Salaries and benefits 144 178
Income and other taxes 112 95
Other 192 186
Current portion of deferred revenue 179 183
Total current liabilities 3,003 3,604
LONG-TERM DEBT 2,156 2,386
DEFERRED CREDITS AND OTHER LIABILITIES    
Deferred income taxes, net 1,225 1,249
Affiliate obligations, net 614 637
Other 694 685
Total deferred credits and other liabilities 2,533 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 1,051 48
Total stockholder's equity 11,101 10,098
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY $ 18,793 $ 18,659