XML 49 R30.htm IDEA: XBRL DOCUMENT v2.4.0.6
Events Associated with the Amalgamation of Global Crossing (Tables)
12 Months Ended
Dec. 31, 2012
Business Combinations [Abstract]  
Schedule of the Final Purchase Price Allocation
The following is the final allocation of the purchase price.

 
Purchase Price Allocation
 
(dollars in millions)
Assets:
 
Cash, Cash Equivalents, and Restricted Cash
$
226

Property, Plant, and Equipment
3,098

Goodwill
1,123

Identifiable Intangibles
106

Other Assets
651

Total Assets
5,204

 
 
Liabilities:
 
Long-term Debt
(1,554
)
Other Liabilities
(1,688
)
Total Liabilities
(3,242
)
Total Estimated Consideration
$
1,962

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 January 1, 2010 (dollars in millions, except per share data).

 
Year Ended December 31,
 
2011
 
2010
Total Revenue
$
6,335

 
$
6,111

Net Loss
(727
)
 
(825
)
Net Loss per share
$
(3.56
)
 
$
(4.14
)