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CenturyLink Merger (Tables)
12 Months Ended
Dec. 31, 2019
Business Combinations [Abstract]  
Schedule of business acquisitions, by acquisition
The following is our assignment of the aggregate consideration:
 
Adjusted November 1, 2017
Balance as of December 31, 2017
 
Purchase Price Adjustments
 
Adjusted November 1, 2017
Balance as of October 31, 2018
 
(Dollars in millions)
Cash, accounts receivable and other current assets (1)
$
3,317

 
(26
)
 
3,291

Property, plant and equipment
9,311

 
157

 
9,468

Identifiable intangible assets (2)
 
 
 
 
 
Customer relationships
8,964

 
(533
)
 
8,431

Other
391

 
(13
)
 
378

Other noncurrent assets
782

 
216

 
998

Current liabilities, excluding current maturities of long-term debt
(1,461
)
 
(32
)
 
(1,493
)
Current maturities of long-term debt
(7
)
 

 
(7
)
Long-term debt
(10,888
)
 

 
(10,888
)
Deferred revenue and other liabilities
(1,613
)
 
(114
)
 
(1,727
)
Goodwill
10,837

 
340

 
11,177

Total estimated aggregate consideration
$
19,633

 
(5
)
 
19,628

_______________________________________________________________________________
(1)
Includes accounts receivable, which had a gross contractual value of $884 million on November 1, 2017.
(2)
The weighted-average amortization period for the acquired intangible assets is approximately 12.0 years.

Summary of acquisition related expenses The table below summarizes our acquisition-related expenses, which consist of integration and transformation-related expenses, including severance and retention compensation expenses, and transaction-related expenses:
 
 
 
Successor
 
 
Predecessor
 
Year Ended December 31, 2019
 
Year Ended December 31, 2018
 
Period Ended December 31, 2017
 
 
Period Ended October 31, 2017
 
 
 
(Dollars in millions)
Transaction-related expenses

 
1

 

 
 
18

Integration and transformation-related expenses
82

 
120

 
28

 
 
67

Total acquisition-related expenses
$
82

 
121

 
28

 
 
85