-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DofAipkjd2eIGHRF9poBhH/rzDDK36hiXokyYii1Il6C00dlGOzHchTvMYYDaf3s rnfexkvpiNjjsY/Z14tpBw== 0001054522-00-000016.txt : 20000525 0001054522-00-000016.hdr.sgml : 20000525 ACCESSION NUMBER: 0001054522-00-000016 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20000428 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000501 FILER: COMPANY DATA: COMPANY CONFORMED NAME: U S WEST COMMUNICATIONS INC CENTRAL INDEX KEY: 0000068622 STANDARD INDUSTRIAL CLASSIFICATION: 4813 IRS NUMBER: 840273800 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-03040 FILM NUMBER: 614140 BUSINESS ADDRESS: STREET 1: 1801 CALIFORNIA ST CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 3038963099 MAIL ADDRESS: STREET 1: 1801 CALIFORNIA ST CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: MOUNTAIN STATES TELEPHONE & TELEGRAPH CO DATE OF NAME CHANGE: 19910109 8-K 1 1ST QUARTER EARNINGS ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 28, 2000 U S WEST Communications, Inc. (Exact name of registrant as specified in its charter) Colorado CommissionFile Number IRS Employer Identification (State of Incorporation) 1-3040 No. 84-0273800 1801 California Street, Denver, Colorado 80202 (Address of Principal Executive Offices, Including Zip Code) Telephone Number (303) 672-2700 (Registrant's Telephone Number, Including Area Code) (The Exhibits Index is located on page 2 of this report.) ================================================================================ Item 5. Other Events On April 28, 2000, U S WEST, Inc. filed a Form 8-K containing its first quarter earnings results, unaudited consolidated financial statements and U S WEST Communications, Inc.'s unaudited consolidated financial statements. Item 7. Financial Statements and Exhibits 27 Financial Data Schedule 99.1 Unaudited Consolidated Statements of Operations of U S WEST Communications, Inc. for the quarters ended March 31, 1999 and 2000, respectively, filed in connection with U S WEST, Inc.'s Press Release dated April 28, 2000. 99.2 Unaudited Consolidated Balance Sheets of U S WEST Communications, Inc. for the quarter ended March 31, 2000, and the year ended December 31, 1999, respectively, filed in connection with the Press Release dated April 28, 2000. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. U S WEST Communications, Inc. By: /s/ Thomas O. McGimpsey ------------------------------------ Thomas O. McGimpsey Assistant Secretary Dated: April 28, 2000 EX-99.1 2 EXHIBIT 99.1 CONSOLIDATED STATEMENTS OF OPERATIONS U S WEST COMMUNICATIONS, INC. (UNAUDITED) (Telephone Operations Only)
Quarter Ended March 31, % In millions 2000 1999 Change - - ------------------------------------------- ------- ------- -------- OPERATING REVENUES Local services $2,045 $1,871 9.3 Access services 710 672 5.7 Long-distance services 106 171 (38.0) Other services 90 74 21.6 ------- ------- Total operating revenues 2,951 2,788 5.8 ------- ------- OPERATING EXPENSES Employee-related 802 893 (10.2) Other operating 777 624 24.5 Depreciation & amort 564 585 (3.6) ------- ------- Total operating expenses 2,143 2,102 2.0 ------- ------- Operating income 808 686 17.8 Interest expense 119 89 33.7 Other expense 6 12 (50.0) ------- ------- Income before income taxes 683 585 16.8 Income tax provision 258 216 19.4 ------- ------- NET INCOME $425 $369 15.2 ======= =======
EX-99.2 3 EXHIBIT 99.2 CONSOLIDATED BALANCE SHEETS U S WEST COMMUNICATIONS, INC. (Telephone Operations Only)
(UNAUDITED) March 31, December 31, In millions 2000 1999 - - ----------------------------------------- ------------ ------------- ASSETS Current assets: Cash and cash equivalents $ 66 $ 61 Accounts receivable, net 1,765 1,811 Inventories and supplies 217 211 Deferred tax asset 141 154 Prepaid and other 147 95 ------------ ------------- Total current assets 2,336 2,332 Property, plant and equipment - net 16,546 16,049 Other assets - net 1,478 1,597 ------------ ------------- Total assets $20,360 $19,978 ============ ============= LIABILITIES AND STOCKHOLDER'S EQUITY Current liabilities: Short-term debt $2,393 $1,684 Accounts payable 1,576 1,721 Accrued expenses 1,541 1,560 Advance billings and deposits 352 343 ------------ ------------- Total current liabilities 5,862 5,308 Long-term debt 5,464 5,408 Postretirement and other postemployment benefit obligations 2,406 2,462 Deferred taxes, credits and other 2,125 2,080 Stockholder's equity 4,503 4,720 ------------ ------------- Total liabilities and stockholder's equity $20,360 $19,978 ============ =============
EX-27 4 FDS --
5 0000068622 U S WEST Communications, Inc. 1,000,000 3-MOS DEC-31-2000 JAN-02-2000 MAR-31-2000 66 0 1,765 0 217 2,336 37,972 21,426 20,360 5,862 0 0 0 8,135 (3,632) 20,360 2,951 2,951 0 0 2,143 0 119 683 258 425 0 0 0 425 0 0
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