XML 30 R40.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidating Financial Information - Statements of Operations (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Condensed Consolidating Financial Information        
Revenue $ 1,625 $ 1,565 $ 3,234 $ 3,142
Costs and Expenses:        
Cost of Revenue 613 616 1,227 1,245
Depreciation and Amortization 187 199 371 393
Selling, General and Administrative 569 610 1,116 1,209
Total Costs and Expenses 1,369 1,425 2,714 2,847
Operating Income (Loss) 256 140 520 295
Other Income (Expense):        
Interest expense (149) (167) (300) (336)
Interest income (expense) affiliates, net 0 0 0 0
Equity in net earnings (losses) of subsidiaries 0 0 0 0
Other, net (44) 14 (38) (36)
Total Other Expense (193) (153) (338) (372)
Income (Loss) before Income Taxes 63 (13) 182 (77)
Income Tax Expense (12) (11) (19) (25)
Net Income (Loss) 51 (24) 163 (102)
Other Comprehensive Income (Loss), Net of Income Taxes 13 (11) 19 (63)
Comprehensive Income (Loss) 64 (35) 182 (165)
Level 3 Communications, Inc.
       
Condensed Consolidating Financial Information        
Revenue 0 0 0 0
Costs and Expenses:        
Cost of Revenue 0 0 0 0
Depreciation and Amortization 0 0 0 0
Selling, General and Administrative 1 0 1 1
Total Costs and Expenses 1 0 1 1
Operating Income (Loss) (1) 0 (1) (1)
Other Income (Expense):        
Interest expense (34) (37) (68) (76)
Interest income (expense) affiliates, net 303 272 591 545
Equity in net earnings (losses) of subsidiaries (217) (259) (359) (570)
Other, net 0 0 0 0
Total Other Expense 52 (24) 164 (101)
Income (Loss) before Income Taxes 51 (24) 163 (102)
Income Tax Expense 0 0 0 0
Net Income (Loss) 51 (24) 163 (102)
Other Comprehensive Income (Loss), Net of Income Taxes 13 (11) 19 (63)
Comprehensive Income (Loss) 64 (35) 182 (165)
Level 3 Financing, Inc.
       
Condensed Consolidating Financial Information        
Revenue 0 0 0 0
Costs and Expenses:        
Cost of Revenue 0 0 0 0
Depreciation and Amortization 0 0 0 0
Selling, General and Administrative 1 0 1 0
Total Costs and Expenses 1 0 1 0
Operating Income (Loss) (1) 0 (1) 0
Other Income (Expense):        
Interest expense (113) (125) (225) (251)
Interest income (expense) affiliates, net 459 425 918 855
Equity in net earnings (losses) of subsidiaries (561) (559) (1,049) (1,173)
Other, net 0 0 0 (1)
Total Other Expense (215) (259) (356) (570)
Income (Loss) before Income Taxes (216) (259) (357) (570)
Income Tax Expense (1) 0 (2) 0
Net Income (Loss) (217) (259) (359) (570)
Other Comprehensive Income (Loss), Net of Income Taxes 0 (11) 0 (63)
Comprehensive Income (Loss) (217) (270) (359) (633)
Level 3 Communications, LLC
       
Condensed Consolidating Financial Information        
Revenue 760 694 1,497 1,379
Costs and Expenses:        
Cost of Revenue 288 256 578 517
Depreciation and Amortization 69 71 139 142
Selling, General and Administrative 371 412 696 793
Total Costs and Expenses 728 739 1,413 1,452
Operating Income (Loss) 32 (45) 84 (73)
Other Income (Expense):        
Interest expense 1 0 0 (1)
Interest income (expense) affiliates, net (727) (669) (1,439) (1,338)
Equity in net earnings (losses) of subsidiaries 162 130 340 276
Other, net 1 1 4 2
Total Other Expense (563) (538) (1,095) (1,061)
Income (Loss) before Income Taxes (531) (583) (1,011) (1,134)
Income Tax Expense 0 0 (1) (1)
Net Income (Loss) (531) (583) (1,012) (1,135)
Other Comprehensive Income (Loss), Net of Income Taxes 0 0 0 0
Comprehensive Income (Loss) (531) (583) (1,012) (1,135)
Other Non-Guarantor Subsidiaries
       
Condensed Consolidating Financial Information        
Revenue 918 928 1,849 1,884
Costs and Expenses:        
Cost of Revenue 378 417 761 849
Depreciation and Amortization 118 128 232 251
Selling, General and Administrative 196 198 418 415
Total Costs and Expenses 692 743 1,411 1,515
Operating Income (Loss) 226 185 438 369
Other Income (Expense):        
Interest expense (3) (5) (7) (8)
Interest income (expense) affiliates, net (35) (28) (70) (62)
Equity in net earnings (losses) of subsidiaries 0 0 0 0
Other, net (45) 13 (42) (37)
Total Other Expense (83) (20) (119) (107)
Income (Loss) before Income Taxes 143 165 319 262
Income Tax Expense (11) (11) (16) (24)
Net Income (Loss) 132 154 303 238
Other Comprehensive Income (Loss), Net of Income Taxes 13 (11) 19 (63)
Comprehensive Income (Loss) 145 143 322 175
Eliminations
       
Condensed Consolidating Financial Information        
Revenue (53) (57) (112) (121)
Costs and Expenses:        
Cost of Revenue (53) (57) (112) (121)
Depreciation and Amortization 0 0 0 0
Selling, General and Administrative 0 0 0 0
Total Costs and Expenses (53) (57) (112) (121)
Operating Income (Loss) 0 0 0 0
Other Income (Expense):        
Interest expense 0 0 0 0
Interest income (expense) affiliates, net 0 0 0 0
Equity in net earnings (losses) of subsidiaries 616 688 1,068 1,467
Other, net 0 0 0 0
Total Other Expense 616 688 1,068 1,467
Income (Loss) before Income Taxes 616 688 1,068 1,467
Income Tax Expense 0 0 0 0
Net Income (Loss) 616 688 1,068 1,467
Other Comprehensive Income (Loss), Net of Income Taxes (13) 22 (19) 126
Comprehensive Income (Loss) $ 603 $ 710 $ 1,049 $ 1,593