-----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, Pzi+dqQ3T/FXTsQHYZ15v3RQrLzZT+3sJw5hz6x/RS7ymbrb38mi4wWvBdJZakYI sKqJpCwr7bFcALe1/FV90Q== 0001054522-99-000055.txt : 19991117 0001054522-99-000055.hdr.sgml : 19991117 ACCESSION NUMBER: 0001054522-99-000055 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 19991022 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19991022 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: 99732255 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 3RD 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): October 22, 1999 U S WEST Communications, Inc. (Exact Name of Registrant as Specified in its Charter) Colorado Commission File IRS Employer Identification (State of Incorporation) Number 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 October 22, 1999, U S WEST, Inc. filed a Form 8-K containing its third quarter earnings results, unaudited consolidated financial statements and U S WEST Communications, Inc.'s unaudited consolidated financial statements. Item 7. Financial Statements and Exhibits Exhibit Number 27 Financial Data Schedule 99 Unaudited Consolidated Statements of Operations of U S WEST Communications, Inc. for the quarters and nine-month periods ended September 30, 1999 and 1998, respectively. 99A.1 Unaudited Consolidated Balance Sheets of U S WEST Communications, Inc. for the quarter and six-month period ended September 30, 1999 and the year ended December 31, 1998, respectively. 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: October 22, 1999 EX-99 2 EXHIBIT 99
CONSOLIDATED STATEMENTS OF OPERATIONS U S WEST COMMUNICATIONS, INC. (UNAUDITED) (Telephone Operations Only) Quarter Ended Nine Months Ended September 30, % September 30, % In millions 1999 1998 Change 1999 1998(1) Change - - ------------------------ ------ ------ ------ ------ ------- ------ OPERATING REVENUES Local service $1,979 $1,805 9.6 $5,779 $5,291 9.2 Access services 688 660 4.2 2,057 1,996 3.1 Long-distance services 138 199 (30.7) 459 595 (22.9) Other services 110 75 46.7 262 221 18.6 ------ ------ ------ ------ Total operating revenues 2,915 2,739 6.4 8,557 8,103 5.6 ------ ------ ------ ------ OPERATING EXPENSES Employee-related 935 868 7.7 2,719 2,550 6.6 Other operating (1) 636 625 1.8 1,923 1,969 (2.3) Depreciation & amort 571 544 5.0 1,713 1,580 8.4 ------ ------ ------ ------ Total operating expenses 2,142 2,037 5.2 6,355 6,099 4.2 ------ ------ ------ ------ Operating income 773 702 10.1 2,202 2,004 9.9 Interest expense 102 103 (1.0) 289 288 0.3 Other expense 9 20 (55.0) 33 76 (56.6) ------ ------ ------ ------ Income before income taxes 662 579 14.3 1,880 1,640 14.6 Income tax provision 251 219 14.6 713 630 13.2 ------ ------ ------ ------ NET INCOME $ 411 $ 360 14.2 $1,167 $1,010 15.5 ====== ====== ====== ====== (1) Net income for the nine months ended September 30, 1998 includes $89 of after tax charges associated with the Separation and an asset impairment, consisting of $129 of other operating expense, net of $40 of income tax expense.
EX-99 3 EXHIBIT 99A.1
CONSOLIDATED BALANCE SHEETS U S WEST COMMUNICATIONS, INC. (Telephone Operations Only) (Unaudited) September 30, December 31, In millions 1999 1998 - - -------------------------------------- ------------- --------------- ASSETS Current assets: Cash and cash equivalents $ 66 $ 68 Accounts receivable, net 1,703 1,619 Inventories and supplies 187 154 Deferred tax asset 121 113 Prepaid and other 98 61 ------------- --------------- Total current assets 2,175 2,015 Property, plant and equipment - net 15,423 14,681 Other assets - net 1,303 882 ------------- --------------- Total assets $ 18,901 $ 17,578 ============= =============== LIABILITIES AND STOCKHOLDER'S EQUITY Current liabilities: Short-term debt $ 1,767 $ 789 Accounts payable 1,489 1,411 Accrued expenses 1,677 1,383 Advance billings and deposits 341 326 ------------- --------------- Total current liabilities 5,274 3,909 Long-term debt 4,976 5,154 Postretirement and other postemployment benefit obligations 2,426 2,458 Deferred taxes, credits and other 1,761 1,594 Stockholder's equity 4,464 4,463 ------------- --------------- Total liabilities and stockholder's equity $ 18,901 $ 17,578 ============= ===============
EX-27 4 FDS --
5 (Replace this text with the legend) 0000068622 U S WEST Communications, Inc. 1,000,000 3-MOS 9-MOS 3-MOS 9-MOS DEC-31-1999 DEC-31-1999 DEC-31-1998 DEC-31-1998 JUL-01-1999 JAN-01-1999 JUL-01-1998 JAN-01-1998 SEP-30-1999 SEP-30-1999 SEP-30-1998 SEP-30-1998 66 66 57 57 0 0 0 0 1,703 1,703 1,646 1,646 0 0 0 0 187 187 200 200 2,175 2,175 2,129 2,129 36,571 36,571 34,265 34,265 21,148 21,148 19,967 19,967 18,901 18,901 17,326 17,326 5,274 5,274 4,021 4,021 4,976 4,976 4,831 4,831 0 0 0 0 0 0 0 0 8,801 8,801 8,080 8,080 (3,617) (3,617) (3,617) (3,617) 18,901 18,901 17,326 17,326 2,195 8,557 2,379 8,103 2,195 8,557 2,379 8,103 0 0 0 0 0 0 0 0 2,142 6,355 2,037 6,099 0 0 0 0 102 289 103 288 662 1,880 579 1,640 251 713 219 630 411 1,167 360 1,010 0 0 0 0 0 0 0 0 0 0 0 0 411 1,167 360 1,010 0 0 0 0 0 0 0 0
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