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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 10 $ 8
Accounts receivable, less allowance of $34 and $36 261 347
Other 144 120
Total current assets 415 1,044
Property, plant and equipment, net of accumulated depreciation of $8,239 and $7,617 8,700 8,273
GOODWILL AND OTHER ASSETS    
Goodwill 6,955 9,360
Other intangible assets, net 103 138
Other, net 164 141
Total goodwill and other assets 7,222 9,639
TOTAL ASSETS 16,337 18,956
CURRENT LIABILITIES    
Current maturities of long-term debt 1 2
Accounts payable 362 231
Accrued expenses and other liabilities    
Salaries and benefits 130 127
Income and other taxes 96 89
Other 121 130
Current portion of deferred revenue 162 167
Total current liabilities 933 746
LONG-TERM DEBT 2,156 2,155
DEFERRED CREDITS AND OTHER LIABILITIES    
Deferred income taxes, net 1,318 1,282
Other 679 654
Total deferred credits and other liabilities 2,492 2,488
COMMITMENTS AND CONTINGENCIES (Note 14)
STOCKHOLDER'S EQUITY    
Common stock - one share without par value, owned by Qwest Services Corporation 10,050 10,050
Retained earnings 706 3,517
Total stockholder's equity 10,756 13,567
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY 16,337 18,956
Affiliated Entity    
CURRENT ASSETS    
Advances to affiliates 0 569
CURRENT LIABILITIES    
Advances from affiliates 61 0
Note payable - affiliate 0  
DEFERRED CREDITS AND OTHER LIABILITIES    
Affiliate obligations, net $ 495 $ 552