Acquisition of QCII by CenturyLink (Tables)

12 Months Ended

Dec. 31, 2013

Business Combinations [Abstract]

Schedule of assets acquired and liabilities assumed

The following was our assignment of the aggregate consideration:

	April 1, 2011
	(Dollars in millions)
Cash, accounts receivable and other current assets*	$	1,108
Property, plant and equipment	7,460
Identifiable intangible assets:
Customer relationships	5,699
Capitalized software	1,702
Other noncurrent assets	209
Current liabilities, excluding current maturities of long-term debt	(2,446		)
Current maturities of long-term debt	(2,378		)
Long-term debt	(6,310		)
Deferred credits and other liabilities	(4,447		)
Goodwill	9,354
Aggregate consideration	$	9,951

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* Includes estimated fair value of $674 million for accounts receivable, excluding affiliate accounts receivable, which had gross contractual value of $722 million on April 1, 2011. The $48 million difference between the gross contractual value and the estimated fair value assigned represents our best estimate as of April 1, 2011 of contractual cash flows that would not be collected.

Schedule of acquisition related expenses

The table below summarizes our acquisition-related expenses:

	Successor				Predecessor	Combined
	Year   Ended   December 31,   2013		Year   Ended   December 31,   2012	Nine Months   Ended   December 31,    2011	Three Months    Ended    March 31,    2011	Twelve Months Ended December 31, 2011
	(Dollars in millions)
Acquisition-related expenses	$	24	39	146	2	148