Events Associated with the Amalgamation of Global Crossing (Tables)

9 Months Ended

Sep. 30, 2011

Business Combinations [Abstract]

Schedule of preliminary purchase price allocation

The following is a preliminary allocation of purchase price based on information currently available. The final identification of all the intangible assets acquired and determination of the purchase price allocation may be significantly different from the preliminary allocation reflected below.

	Initial Purchase Price Allocation
	(dollars in millions)
Assets:
Cash, cash equivalents, and restricted cash	$	236
Property, plant, and equipment, net	3,119
Goodwill	509
Identifiable intangibles	300
Other Assets	520
Total Assets	4,684
Liabilities:
Long-term debt	(1,554		)
Other Liabilities	(1,176		)
Total Liabilities	(2,730		)
Total Estimated Equity Consideration	$	1,954

Schedule of unaudited pro forma financial information for the amalgamation

The following unaudited pro forma financial information presents the combined results of Level 3 and Global Crossing as if the completion of the Amalgamation had occurred as of the earliest period presented below (dollars in millions).

	Three Months Ended						Nine Months Ended
	September 30, 2011			September 30, 2010			September 30, 2011			September 30, 2010
Total Revenue	$	1,630		$	1,545		$	4,815		$	4,612
Net Loss	(293		)	(198		)	(799		)	(868		)