Consolidated Balance Sheets (Unaudited) (USD $) In Millions, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012
Current Assets
Cash and cash equivalents	$ 244	$ 172
Accounts receivable, net of allowances of $15 and $20	209	99
Unbilled accounts receivable	242	21
Deferred directory costs	147	100
Deferred tax assets	0	39
Prepaid expenses and other	18	35
Accrued tax receivable	12	2
Assets held for sale	21	0
Total current assets	893	468
Fixed assets and capitalized software, net	128	105
Goodwill	396	0
Intangible assets, net	2,217	1,833
Pension assets	50	0
Other non‑current assets	17	20
Total Assets	3,701	2,426
Current Liabilities
Current maturities of long-term debt	162	2,010
Accounts payable and accrued liabilities	189	95
Accrued interest	32	19
Deferred revenue	116	121
Current deferred tax liabilities	33	0
Total current liabilities	532	2,245
Long-term debt	2,776	0
Employee benefit obligations	169	78
Deferred tax liabilities	178	54
Unrecognized tax benefits	51	6
Other liabilities	1	2
Shareholders' Equity (Deficit)
Common stock, par value $.001 per share, authorized – 300,000,000 shares; issued and outstanding – 17,248,781 shares at June 30, 2013 and 10,176,988 shares at December 31, 2012	0	0
Additional paid-in capital	1,551	1,465
Retained (deficit)	(1,507)	(1,380)
Accumulated other comprehensive (loss)	(50)	(44)
Total shareholders' equity (deficit)	(6)	41
Total Liabilities and Shareholders' Equity (Deficit)	$ 3,701	$ 2,426