Events Associated with the Amalgamation of Global Crossing (Tables)

0 Months Ended

12 Months Ended

Oct. 04, 2011

Dec. 31, 2011

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 the beginning of the period (dollars in millions, except per share data).

	Year Ended December 31, 2011
Total Revenue	$	6,335
Net Loss	(727		)
Net Loss per share	$	(3.56	)