10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark one)

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2013

OR

o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from __________ to __________

Commission file number 001-07155

DEX MEDIA, INC.

(Exact name of registrant as specified in its charter)

Delaware	13-2740040
(State or Other Jurisdiction of Incorporation or Organization)	(I.R.S. Employer Identification No.)
2200 West Airfield Drive, P.O. Box 619810 D/FW Airport, TX	75261
(Address of principal executive offices)	(Zip Code)

(972) 453-7000

  (Registrant’s telephone number, including area code)

(Former name, former address and former

fiscal year, if changed since last report)

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

Yes x No o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Securities Exchange Act of 1934.

Large accelerated filer o	Accelerated filer o	Non-accelerated filer x	Smaller reporting company o
		(Do not check if a smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Securities Exchange Act of 1934).

Yes o No x

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. Yes x No o

As of November 1, 2013, there were 17,600,150 shares of the registrant's common stock outstanding.

DEX MEDIA, INC.

INDEX TO FORM 10-Q

	PAGE
Forward-Looking Statements	i
PART I. FINANCIAL INFORMATION
Item 1. Financial Statements (Unaudited)
Consolidated Statements of Comprehensive Income (Loss) for the three and nine months ended September 30, 2013 and 2012	1
Consolidated Balance Sheets at September 30, 2013 and December 31, 2012	2
Consolidated Statements of Cash Flows for the nine months ended September 30, 2013 and 2012	3
Notes to Consolidated Financial Statements	4
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations	25
Item 3. Quantitative and Qualitative Disclosures About Market Risk	37
Item 4. Controls and Procedures	37
PART II. OTHER INFORMATION
Item 1. Legal Proceedings	38
Item 1A. Risk Factors	40
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds	41
Item 3. Defaults Upon Senior Securities	41
Item 6. Exhibits	42
SIGNATURES	43

EX-31.1

EX-31.2

EX-32.1

EX-101.INS - XBRL INSTANCE DOCUMENT

EX-101.SCH - XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT

EX-101.CAL - XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT

EX-101.DEF - XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT

EX-101.LAB - XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT

EX-101.PRE - XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Some statements included in this report constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the federal securities laws. Statements that include the words “may,” “will,” “could,” “should,” “would,” “believe,” “anticipate,” “forecast,” “estimate,” “expect,” “preliminary,” “intend,” “plan,” “project,” “outlook” and similar statements of a future or forward-looking nature identify forward-looking statements. You should not place undue reliance on these statements.  These forward-looking statements include statements that reflect the current views of our senior management with respect to our financial performance and future events with respect to our business and industry in general.  Forward-looking statements address matters that involve risks and uncertainties. Accordingly, there are or will be important factors that could cause our actual results to differ materially from those indicated in these statements. We believe that these factors include, but are not limited to, the risks related to the following:

• the risk that anticipated cost savings, growth opportunities and other financial and operating benefits as a result of the merger of SuperMedia Inc. (“SuperMedia”) and Dex One Corporation (“Dex One”) may not be realized or may take longer to realize than expected;

• the risk that benefits from the merger of Dex One and SuperMedia may be significantly offset by costs incurred in integrating Dex One and SuperMedia operations;

• difficulties with the process of integrating the operations of Dex One and SuperMedia, including: coordinating geographically separate organizations; integrating business cultures, which could prove to be incompatible; difficulties and costs of integrating information technology systems; and the potential difficulty in retaining key officers and personnel;

• our inability to provide assurance for the long-term continued viability of our business;

• reduced advertising spending and increased contract cancellations by our clients, which causes reduced revenue;

• declining use of print yellow pages directories by consumers;

• competition from other yellow pages directory publishers and other traditional and new media including increased competition from existing and emerging digital technologies;

• our ability to collect trade receivables from clients to whom we extend credit;

• our ability to anticipate or respond to changes in technology and user preferences;

• changes in our operating performance;

• limitations on our operating and strategic flexibility and the ability to operate our business, finance our capital needs or expand business strategies under the terms of our credit facilities;

• failure to comply with the financial covenants and other restrictive covenants in our credit facilities;

• limited access to capital markets and increased borrowing costs resulting from our leveraged capital structure and debt ratings;

• changes in our credit rating;

• changes in the availability and cost of paper and other raw materials used to print our directories;

• our reliance on third-party providers for printing, publishing and distribution services;

• our ability to maintain agreements with major internet search and local media companies;

• credit risk associated with our reliance on small- and medium-sized businesses as clients;

i

• our ability to attract and retain qualified key personnel;

• our ability to maintain good relations with our unionized employees;

• changes in labor, business, political and economic conditions;

• changes in governmental regulations and policies and actions of federal, state and local municipalities impacting our businesses;

• the outcome of pending or future litigation and other claims; and

• other events beyond our control that may result in unexpected adverse operating results.

The foregoing factors should not be construed as exhaustive and should be read together with the other cautionary statements included in this and other periodic reports we file with the Securities and Exchange Commission (the “SEC”), including the information in this report and “Item 1A. Risk Factors” in Part I of the Annual Report on Form 10-K for the year ended December 31, 2012 filed by Dex One Corporation, as updated in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2013. If one or more events related to these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, actual results may differ materially from what we anticipate. All forward-looking statements included in this report are expressly qualified in their entirety by the foregoing cautionary statements.  You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof or, in the case of statements incorporated by reference, on the date of the document incorporated by reference. The forward-looking statements speak only as of the date made and, other than as required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

ii

Part I. FINANCIAL INFORMATION

Item 1. Financial Statements (Unaudited)

Dex Media, Inc. and Subsidiaries

Consolidated Statements of Comprehensive Income (Loss)

(Unaudited)

	Three Months Ended September 30,						Nine Months Ended September 30,
(in millions, except per share data)	2013			2012			2013			2012
Operating Revenue	$	397		$	320		$	1,030		$	999
Operating Expenses
Selling	113			68			273			213
Cost of service (exclusive of depreciation and amortization)	130			89			338			272
General and administrative	54			31			154			94
Depreciation and amortization	242			104			524			313
Total Operating Expenses	539			292			1,289			892
Operating Income (Loss)	(142		)	28			(259		)	107
Interest expense, net	99			47			221			152
(Loss) Before Reorganization Items, Gains on Early Extinguishment of Debt and Provision (Benefit) for Income Taxes	(241		)	(19		)	(480		)	(45		)
Reorganization items	—			—			37			—
Gains on early extinguishment of debt	—			—			—			140
Income (Loss) Before Provision (Benefit) for Income Taxes	(241		)	(19		)	(517		)	95
Provision (benefit) for income taxes	(109		)	(6		)	(258		)	(3		)
Net Income (Loss)	$	(132	)	$	(13	)	$	(259	)	$	98
Other Comprehensive Income (Loss)
Adjustments for pension and other post-employment benefits, net of taxes	(4		)	—			(10		)	—
Comprehensive Income (Loss)	$	(136	)	$	(13	)	$	(269	)	$	98
Basic and diluted earnings (loss) per common share	$	(7.66	)	$	(1.25	)	$	(18.29	)	$	9.68
Basic and diluted weighted average common shares outstanding	17.2			10.2			14.1			10.1

The accompanying notes are an integral part of the consolidated financial statements.

1

Dex Media, Inc. and Subsidiaries

Consolidated Balance Sheets

(Unaudited)

(in millions, except share data)	September 30, 2013			December 31, 2012
Assets
Current Assets
Cash and cash equivalents	$	234		$	172
Accounts receivable, net of allowances of $23 and $20	176			99
Unbilled accounts receivable	131			21
Deferred directory costs	168			100
Deferred tax assets	34			39
Prepaid expenses and other	18			35
Accrued tax receivable	11			2
Assets held for sale	21			—
Total current assets	793			468
Fixed assets and capitalized software, net	120			105
Goodwill	396			—
Intangible assets, net	1,991			1,833
Pension assets	43			—
Other non‑current assets	15			20
Total Assets	$	3,358		$	2,426
Liabilities and Shareholders' Equity (Deficit)
Current Liabilities
Current maturities of long-term debt	$	160		$	2,010
Accounts payable and accrued liabilities	177			95
Accrued interest	12			19
Deferred revenue	112			121
Total current liabilities	461			2,245
Long-term debt	2,691			—
Employee benefit obligations	163			78
Deferred tax liabilities	161			54
Unrecognized tax benefits	23			6
Other liabilities	1			2
Shareholders' Equity (Deficit)
Common stock, par value $.001 per share, authorized – 300,000,000 shares; issued and outstanding – 17,597,675 shares at September 30, 2013 and 10,176,988 shares at December 31, 2012	—			—
Additional paid-in capital	1,551			1,465
Retained (deficit)	(1,639		)	(1,380		)
Accumulated other comprehensive (loss)	(54		)	(44		)
Total shareholders' equity (deficit)	(142		)	41
Total Liabilities and Shareholders' Equity (Deficit)	$	3,358		$	2,426

The accompanying notes are an integral part of the consolidated financial statements.

2

Dex Media, Inc. and Subsidiaries

Consolidated Statements of Cash Flows

(Unaudited)

	Nine Months Ended September 30,
(in millions)	2013			2012
Cash Flows from Operating Activities
Net income (loss)	$	(259	)	$	98
Reconciliation of net income (loss) to net cash provided by operating activities:
Depreciation and amortization	524			313
Provision for deferred income taxes	(232		)	(1		)
Provision for unrecognized tax benefits	(28		)	—
Provision for bad debts	20			29
Amortization of debt discount	33			19
Other non-cash interest expense	14			13
Stock-based compensation expense	4			4
Employee retiree benefits	(3		)	—
Gains on early extinguishment of debt	—			(140		)
Non-cash reorganization items	32			—
Changes in assets and liabilities:
Accounts receivable and unbilled accounts receivable	218			(5		)
Deferred directory costs	(43		)	32
Other current assets	9			9
Accounts payable and accrued liabilities	(30		)	(93		)
Other items, net	(9		)	(17		)
Net cash provided by operating activities	250			261
Cash Flows from Investing Activities
Additions to fixed assets and capitalized software	(21		)	(17		)
Cash acquired in acquisition	154			—
Net cash provided by (used in) investing activities	133			(17		)
Cash Flows from Financing Activities
Debt repayments	(321		)	(401		)
Debt issuance costs and other financing items, net	—			(5		)
Net cash (used in) financing activities	(321		)	(406		)
Increase (decrease) in cash and cash equivalents	62			(162		)
Cash and cash equivalents, beginning of year	172			258
Cash and cash equivalents, end of period	$	234		$	96
Supplemental Information
Cash interest on debt	$	182		$	121
Cash income taxes, net	$	15		$	5

The accompanying notes are an integral part of the consolidated financial statements.

3

Dex Media, Inc. and Subsidiaries

Notes to Consolidated Financial Statements

(Unaudited)

Note 1

Business and Basis of Presentation

Business

Dex Media, Inc. (“Dex Media”, “we”, “us”, “our”, or the “Company”) is a leading provider of local marketing solutions to over 600,000 business clients across the United States. We have more than 2,000 marketing consultants who work directly with our clients to provide multiple local marketing solutions to drive customer leads to our clients.

Our local marketing solutions are primarily sold under various “Dex” and “Super” brands, including print yellow page directories, online local search websites, mobile local search applications, and placement of our client's information and advertisements on major search engine websites with whom we are affiliated. Our local marketing solutions also include website development, search engine optimization, market analysis, video development and promotion, reputation management, social media marketing, and tracking/reporting of customer leads.

Our print yellow page directories are co-branded with various local exchange telephone companies; including Verizon Communications Inc., AT&T Corp., Century Link, Inc., Fairpoint Communications, Inc., and Frontier Communications Corporation. We operate as the official publisher of print yellow page directories in some of the markets that they provide telephone service, and we have multiple agreements that govern our relationship with each of these companies, including publishing agreements, branding agreements, and non-competition agreements.

Basis of Presentation

The Company prepares its financial statements in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”). Pursuant to the rules and regulations of the United States Securities and Exchange Commission (“SEC”), the accompanying unaudited consolidated financial statements contain all adjustments, consisting of normal recurring items and accruals, necessary to fairly present the financial position, results of operations and cash flows of Dex Media and its subsidiaries. These unaudited interim financial statements do not contain all information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP and, as such, should be read in conjunction with the Dex One Corporation ("Dex One") Annual Report on Form 10-K for the year ended December 31, 2012. The results of operations for the three and nine months endedSeptember 30, 2013 are not indicative of results of operations for the 2013 fiscal year.

The preparation of these financial statements requires management to make estimates and judgments that affect the reported amount of assets and liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities at the date of the financial statements.

In the periods subsequent to filing for bankruptcy on March 18, 2013 and until emergence from bankruptcy on April 30, 2013, Accounting Standards Codification ("ASC") 852 “Reorganizations" ("ASC 852") was applied in preparing the consolidated financial statements of Dex One. ASC 852 requires that the financial statements distinguish transactions and events that are directly associated with the bankruptcy reorganization from the ongoing operations of the business. Accordingly, certain expenses including professional fees, realized gains and losses and provisions for losses that are realized from the reorganization and restructuring process have been classified as reorganization items on the Company's consolidated statements of comprehensive income (loss). 

The Company accounted for the business combination of Dex One and SuperMedia, Inc. ("SuperMedia"), creating Dex Media, using the acquisition method of accounting in accordance with ASC 805 “Business Combinations” (“ASC 805”). For additional information regarding the merger and acquisition accounting, see “Bankruptcy Filing and Merger of Dex One and SuperMedia” below and Note 2.

Financial Statement Presentation

Certain prior period amounts on our consolidated financial statements have been reclassified to conform to current year presentation.

4

Dex Media will present its deferred revenue and associated unbilled receivables on a net basis on its consolidated balance sheet beginning June 30, 2013. We recognize revenue from print directory advertising ratably over the life of each directory, which is typically twelve months, using the amortization method, with revenue recognition commencing in the month of publication. In the month of publication, equal offsetting amounts are recorded to deferred revenue and unbilled receivables for the full annual contract value. Each month, as our clients are billed, we reduce deferred revenue and unbilled receivables by equal amounts as revenue is recognized on the consolidated statement of comprehensive income (loss) and billed receivables are recognized on the consolidated balance sheet. The net total of deferred revenue and unbilled receivables for all clients results in a net deferred revenue position as some clients prepay their account or are billed in advance. Deferred revenue on the consolidated balance sheet represents revenue yet to be recognized for those clients who have prepaid their account or have been billed in advance. Our December 31, 2012 consolidated balance sheet has been adjusted to reflect deferred revenue and associated unbilled receivables on a net basis.

Certain expense line items on the consolidated statements of comprehensive income (loss) have been reclassified for 2012 to conform to the current year presentation. Total expenses remain unchanged. The following tables show the reclassifications by expense line item.

	Three Months Ended September 30, 2012,
	As Previously Reported		Reclassifications			As Currently Reported
	(in millions)
Selling	$	85	$	(17	)	$	68
Cost of service	70		19			89
General & administrative	33		(2		)	31
Total	$	188	$	—		$	188

	Nine Months Ended September 30, 2012,
	As Previously Reported		Reclassifications			As Currently Reported
	(in millions)
Selling	$	270	$	(57	)	$	213
Cost of service	215		57			272
General & administrative	94		—			94
Total	$	579	$	—		$	579

Selling. Selling expense represents the cost to acquire new clients and renew the advertising of existing clients. Selling expense includes the sales and sales support organizations, including base salaries and sales commissions paid to our local sales force, national sales commissions paid to independent certified marketing representatives, sales training, advertising and client care expenses. Sales commissions are amortized over the average life of the directory or advertising service, which is typically twelve months. All other selling costs are expensed as incurred.

Cost of Service. Cost of service represents the cost to fulfill and maintain our advertising services to our clients. Cost of service includes the costs of producing and distributing print directories and online local search services; including publishing operations, paper, printing, distribution, website development, and Internet traffic costs for placement of our clients' information and advertisements on search engine websites with whom we are affiliated. Costs attributable to producing print directories are amortized over the average life of a directory, which is typically twelve months. These costs include the amortization of paper, printing and initial distribution of print directories. All other costs are expensed as incurred.

General and Administrative. General and administrative expense includes corporate management and governance functions, which are comprised of finance, human resources, legal, investor relations, billing and receivables management. In addition, general and administrative expense includes bad debt, operating taxes, insurance, stock-based compensation, severance expense, and other general corporate expenses. All general and administrative costs are expensed as incurred.

5

Bankruptcy Filing and Merger of Dex One and SuperMedia

Merger Agreement

On August 20, 2012, Dex One entered into an Agreement and Plan of Merger (the “Merger Agreement”) with SuperMedia, Newdex Inc. ("Newdex"), and Spruce Acquisition Sub, Inc., a direct wholly owned subsidiary of Newdex (“Merger Sub”) (collectively, the "Merger Entities"). The Merger Agreement provided that, upon the terms and subject to the conditions set forth therein, (i) Dex One would merge with and into Newdex, with Newdex as the surviving entity (the “Dex Merger”) and subsequently, each share of Dex One common stock would convert into 0.2 shares of common stock of Newdex and (ii) immediately following consummation of the Dex Merger, Merger Sub would merge with and into SuperMedia, with SuperMedia as the surviving entity and become a direct wholly owned subsidiary of Newdex (the “SuperMedia Merger” and together with the Dex Merger, the “Mergers”) with each share of SuperMedia common stock converting into 0.4386 shares of common stock of Newdex. As a result of the Mergers, Newdex, as successor to Dex One, was renamed Dex Media, Inc. (“Dex Media”) and became a newly listed company.

On December 5, 2012, the Merger Entities entered into an Amended and Restated Agreement and Plan of Merger (the “Amended and Restated Merger Agreement”), which upheld the basic economic terms and strategic merits of the Mergers included in the original Merger Agreement, and, among other things, (i) delayed the date on which a party may first unilaterally terminate the Amended and Restated Merger Agreement and the Mergers from December 31, 2012 to June 30, 2013 and (ii) provided that if either Dex One or SuperMedia were unable to obtain the requisite consents to the Mergers from its stockholders and to the contemplated amendments to its respective financing agreements from its senior secured lenders to consummate the transactions on an out-of-court basis, the Mergers may be effected through voluntary pre-packaged plans of reorganization under Chapter 11 of Title 11 of the United States Code ("Chapter 11" or the "Bankruptcy Code"). Because neither Dex One nor SuperMedia were able to obtain the requisite unanimous consents to the contemplated amendments to their respective financing agreements to effectuate the Mergers out of court, each of Dex One and SuperMedia and all of their domestic subsidiaries voluntarily filed a pre-packaged bankruptcy under Chapter 11 on March 18, 2013.

Bankruptcy Filing and Emergence

On March 18, 2013, Dex One and all of its subsidiaries filed voluntary bankruptcy petitions in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”) for reorganization under the provisions of the Bankruptcy Code. Concurrently with filing the bankruptcy petitions, Dex One and its subsidiaries filed and requested confirmation of a Joint Prepackaged Chapter 11 Plan (as modified and supplemented, the “Dex One Prepackaged Plan”), seeking to effect the Mergers and related transactions contemplated by the Amended and Restated Merger Agreement. Also on March 18, 2013, SuperMedia and all of its domestic subsidiaries filed separate voluntary bankruptcy petitions in the Bankruptcy Court, seeking approval of SuperMedia's separate prepackaged plan of reorganization (together with the Dex One Prepackaged Plan, the “Prepackaged Plans”).

On April 29, 2013, the Bankruptcy Court held a hearing and entered separate orders confirming the Prepackaged Plans. On April 30, 2013, Dex One and SuperMedia; (1) consummated the Mergers and other transactions contemplated by the Merger Agreement, including (a) the amendment and restatement of SuperMedia's senior secured credit facility, (b) the Dex Merger, (c) the SuperMedia Merger, and (d) the amendment and restatement of the credit facilities of R.H. Donnelley Inc., Dex Media West, Inc., and Dex Media East, Inc.; (2) otherwise effected the transactions contemplated by the Prepackaged Plans; and (3) emerged from Chapter 11 protection. On April 30, 2013, the Company emerged from bankruptcy.

Effective with the emergence from bankruptcy, the Mergers were consummated on April 30, 2013.

Subsequent to the Dex Merger, Dex One stockholders received 0.2 shares of Dex Media common stock for each share of Dex One common stock that they owned, which reflects a 1-for-5 reverse stock split of Dex One common stock. As a result of the reverse stock split of Dex One common stock, all outstanding common stock, and per share amounts contained in the financial statements and related notes have been retroactively adjusted to reflect this reverse stock split for all periods presented. The reverse stock split was effective April 30, 2013. Subsequent to the SuperMedia Merger, SuperMedia stockholders received 0.4386 shares of Dex Media common stock for each share of SuperMedia common stock that they owned.

6

Recent Accounting Pronouncements

In February 2013, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2013-02 (“ASU 2013-02”), “Reporting of Amounts Reclassified Out of Accumulated Comprehensive Income,” which amends Accounting Standards Codification ("ASC") 220, “Comprehensive Income.” The amended guidance requires an entity to report the effect of significant reclassifications out of accumulated other comprehensive income on the respective line items in net income if the amount being reclassified is required under U.S. GAAP to be reclassified in its entirety to net income. For other amounts that are not required under U.S. GAAP to be reclassified in their entirety from accumulated other comprehensive income to net income in the same reporting period, an entity is required to cross-reference other disclosures required under U.S. GAAP that provide additional detail about those amounts. ASU 2013-02 is effective for interim and annual periods beginning after December 15, 2012. The Company has adopted the provisions of ASU 2013-02 as required.

In July 2013, the FASB issued ASU No. 2013-11, (“ASU 2013-11”),  “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists” which clarifies that an unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward if such settlement is required or expected in the event the uncertain tax position is disallowed. In situations where a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction or the tax law of the jurisdiction does not require, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. ASU 2013-11 is effective prospectively for fiscal years, and interim periods within those years, beginning after December 15, 2013. Earlier application is permitted. The Company is currently assessing the impact ASU 2013-11 will have on its financial statements.

Note 2

Acquisition Accounting

On April 30, 2013, the merger of Dex One and SuperMedia was consummated, with 100% of the equity of SuperMedia being exchanged for $82 million of equity in Dex Media. The transaction brings together two companies with complementary operations and capabilities, which will provide Dex Media with increased scale, national scope, market share, financial base and a diversified services portfolio necessary to increase stockholder value, enhance value to clients, reduce debt, increase cost efficiencies and stabilize revenue. There can be no assurances that all of the potential benefits of the merger will be fully realized.

We accounted for the business combination using the acquisition method of accounting in accordance with ASC 805, “Business Combinations”, with Dex One identified as the acquiring entity for accounting purposes. Dex One is considered the acquiring entity for accounting purposes based on certain criteria including, but not limited to, the fact that (1) upon consummation of the merger, Dex One stockholders held approximately 60% of the common stock of Dex Media as compared to approximately 40% held by SuperMedia stockholders and (2) Dex One's chairman of the board of directors continued as the chairman of the board of directors of Dex Media.

We have prepared the appraisals necessary to assess the fair values of the SuperMedia tangible and intangible assets acquired and liabilities assumed, and goodwill, which represents the excess of the purchase price over the fair value of the net tangible and intangible assets acquired, recognized as of the acquisition date. The income approach was utilized in determining the fair value of the intangible assets, which consist of directory services agreements with certain local telephone service providers, client relationships, trademarks and domain names, and patented technologies. The market approach was utilized to determine the fair value of SuperMedia's debt obligations. While we have used our best estimates and assumptions to measure the fair value of the assets acquired and liabilities assumed, our estimates and related tax impacts for certain acquired assets and liabilities could be subject to refinement. As a result, during the measurement period, not to exceed one year from the date of acquisition, changes in our estimates and related tax impacts could result in an adjustment to goodwill. Upon conclusion of the measurement period, subsequent adjustments, if any, would be recorded to the Company's consolidated statements of comprehensive income (loss).

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Purchase Price Allocation

Fair value of assets acquired	(in millions)
Cash and cash equivalents	$	154
Accounts receivable	104
Unbilled accounts receivable	316
Other current assets	64
Fixed assets and capitalized software	42
Intangible assets	635
Goodwill	396
Pension assets	58
Other non-current assets	4
Total fair value of assets acquired	$	1,773
Fair value of liabilities acquired
Accounts payable and accrued liabilities	$	114
Long-term debt (including current maturities)	1,082
Employee benefit obligations	99
Unrecognized tax benefits	45
Deferred tax liabilities	351
Total fair value of liabilities acquired	$	1,691
Total allocable purchase price	$	82

Common Stock

The Merger Agreement provided that each issued and outstanding share of SuperMedia common stock be converted into the right to receive 0.4386 shares of Dex Media common stock. As of April 30, 2013, 15.6 million shares of SuperMedia common stock were issued and outstanding, which resulted in the issuance of 6.9 million shares of Dex Media common stock. Dex One stockholders received 0.2 shares of Dex Media common stock for each share of Dex One common stock that they owned, which reflects a 1-for-5 reverse stock split of Dex One common stock. The closing trading price of Dex One common stock on April 30, 2013 of $2.38, when adjusted for the 1-for-5 reverse stock split equated to a Dex Media common stock value of $11.90 per share. The 6.9 million Dex Media shares issued to former SuperMedia stockholders at the converted $11.90 per share price equated to a fair value of common stock issued of $82 million.

Long-term debt including current maturities

As a result of acquisition accounting, SuperMedia's outstanding debt was adjusted to a fair value of $1,082 million, from its face value of $1,442 million, resulting in a discount of $360 million being recognized. The discount will be amortized to interest expense over the remaining term of the SuperMedia senior secured credit facilities using the effective interest method.

Intangible Assets and Goodwill

The fair value of intangible assets acquired of $635 million was determined using valuation techniques consistent with the income approach to measure fair value. The directory services agreements with certain local telephone service providers and client relationships were valued utilizing the excess earnings approach. The excess earnings attributable to the directory services agreements and client relationships were discounted utilizing a weighted average cost of capital of 21%. The trademark and domain names and patented technologies were valued utilizing the relief from royalty approach. The estimated remaining useful lives were estimated based on the future economic benefit to be received from the assets. The intangible assets will be amortized utilizing the income forecast method, which is an accelerated amortization method that assumes the value derived from these intangible assets is greater in the earlier years and steadily declines over time based on expected future cash flows.

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The following table sets forth the components of the intangible assets acquired.

	Fair Value		Estimated Remaining Useful Lives
	(in millions)
Directory services agreements	$	145	5 years
Client relationships	420		4 years
Trademarks and domain names	60		6 years
Patented technologies	10		5 years
Total fair value of intangible assets acquired	$	635

The goodwill of $396 million that was recorded as part of the acquisition represents the expected synergies and residual benefits that Dex Media believes will result from the combined operations. The Company has determined that the $396 million of acquired goodwill is not deductible for tax purposes.

Deferred Revenue, Deferred Directory Costs, and Unbilled Accounts Receivable

Prior to the merger with Dex One, SuperMedia had $386 million of deferred revenue and $122 million of deferred directory costs on its consolidated balance sheet. As a result of acquisition accounting, the fair value of deferred revenue at April 30, 2013 for SuperMedia was determined to have no value, equating to $386 million of revenue that would have been amortized by SuperMedia from May 2013 through April 2014, that will not be recognized by Dex Media. SuperMedia has minimal, if any, remaining performance obligations related to its clients who have previously contracted for advertising, thus, no value was assigned to its deferred revenue. The fair value of deferred directory costs as of April 30, 2013 for SuperMedia was determined to have no value, other than paper held in inventory and prepayments associated with future publications. These costs do not have any future value since SuperMedia has already incurred the costs to produce the clients' advertising and does not anticipate to incur any significant additional costs associated with those published directories. This equates to $93 million of cost that would have been amortized by SuperMedia from May 2013 through April 2014, that will not be recognized by Dex Media. The exclusion of these results from the consolidated statements of comprehensive income (loss) of Dex Media, will not impact our future cash flows.

In connection with acquisition accounting, the fair value of SuperMedia's unbilled accounts receivable was determined to be $316 million. Unbilled accounts receivable represents amounts that are not billable at the balance sheet date, but are billed over the remaining life of the clients' advertising contracts.

Results of SuperMedia

As a result of acquisition accounting, SuperMedia's historical results through April 30, 2013 have not been included in the Company's consolidated results. SuperMedia's post-merger results from May 1, 2013 through September 30, 2013 are included in the consolidated financial statements of the Company, representing operating revenue of $193 million, ($157) million of operating (loss) and ($153) million net (loss). For the three months ended September 30, 2013 these results were operating revenue of $132 million, ($70) million operating (loss) and ($60) million net (loss).

Merger Transaction Costs

The Company has cumulatively incurred $41 million of merger transaction costs as of September 30, 2013. Of this amount, $8 million represents deferred financing costs associated with the amendments of Dex One's senior secured credit facilities. This amount was recorded to other assets on the Company's consolidated balance sheet and will be amortized to interest expense over the remaining term of the related Dex One senior secured credit facilities using the effective interest method. The remainder of these costs, which include one-time costs associated with investment bankers, legal, and professional fees, were expensed as part of general and administrative expense on the Company's consolidated statements of comprehensive income (loss). Of these costs, $2 million and $21 million were incurred and expensed during the three and nine months ended September 30, 2013, respectively. For additional information on merger related costs, see Note 3.

Pro Forma Information

The unaudited pro forma information below presents the combined operating results of Dex Media, with results prior to the acquisition date adjusted, as if the transaction had occurred January 1, 2012. These pro forma adjustments include adjustments associated with the amortization of the acquired intangible assets, the elimination of merger transaction costs, the

9

impacts of the adjustment to interest expense to reflect the incremental change in interest rates associated with credit facility interest rate amendments, the amortization of deferred financing costs associated with Dex One and the amortization of the long-term debt fair value adjustment to SuperMedia's senior secured credit facility. The 2012 pro forma results have also been adjusted to exclude the estimated impact to revenue and expense of SuperMedia's deferred revenue and deferred directory costs and bad debt provision associated with directories published prior to the transaction that, due to acquisition accounting, would not have been recognized during 2012 assuming the transaction had occurred on January 1, 2012. The 2013 pro forma results have been adjusted to include the operating results of SuperMedia from January 1, 2013 to April 30, 2013 and the impact to revenue and expense associated with SuperMedia's deferred revenue and deferred directory cost estimates associated with directories published between January 1, 2013 and April 30, 2013, which were written off as a result of acquisition accounting as of April 30, 2013.

The historical financial information has been adjusted to give effect to pro forma events that are (1) directly attributable to the acquisition, (2) factually supportable and (3) expected to have a continuing impact on the combined results of Dex One and SuperMedia. The unaudited pro forma results below are presented for illustrative purposes only and do not reflect the realization of potential cost savings. These pro forma results do not purport to be indicative of the results that would have actually been obtained if the merger had occurred on January 1, 2012, nor does the pro forma data intend to be a projection of results that may be obtained in the future.

Unaudited Pro Forma Results

	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
	(in millions)
Operating revenue	$	537		$	551		$	1,686		$	1,507
Net (loss)	$	(59	)	$	(43	)	$	(108	)	$	(81	)

Note 3

Merger Transaction and Integration Costs

Merger transaction costs represent costs associated with completing the merger between Dex One and SuperMedia.

The Company has cumulatively incurred $41 million of merger transaction costs as of September 30, 2013. Of this amount, $8 million represents deferred financing costs associated with the amendments of Dex One's senior secured credit facilities. This amount was recorded to other assets on the Company's consolidated balance sheet and will be amortized to interest expense over the remaining term of the related Dex One senior secured credit facilities using the effective interest method. The remainder of these costs, which include one-time costs associated with investment bankers, legal, and professional fees, were expensed as part of general and administrative expense on the Company's consolidated statements of comprehensive income (loss). Of these costs, $2 million and $21 million were incurred and expensed during the three and nine months ended September 30, 2013, respectively, and are reflected as general and administrative expense on the Company's 2013 consolidated statements of comprehensive income (loss).

Merger integration costs represent costs incurred to achieve synergies related to the merger of Dex One and SuperMedia. These costs include severance, professional fees and contract services. As part of the merger, there are a large number of processes, policies, procedures, operations, technologies and systems that must be integrated. These costs are recorded as part of general and administrative expense on the Company's 2013 consolidated statements of comprehensive income (loss). During the three and nine months endedSeptember 30, 2013, the Company incurred $13 million and $41 million respectively, of merger integration costs, of which $9 million and $28 million respectively, represents severance costs.

The following table sets forth merger transaction and integration costs recognized for the three and nine months endedSeptember 30, 2013, and 2012.

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
	(in millions)
Merger transaction costs	$	2	$	4	$	21	$	4
Merger integration costs	13		—		41		—
Total merger related costs	$	15	$	4	$	62	$	4

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Note 4

Earnings (Loss) Per Share

The calculation of basic and diluted earnings (loss) per share (“EPS”) is presented below.

	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
	(in millions, except per share amounts)
Basic EPS
Net income (loss)	$	(132	)	$	(13	)	$	(259	)	$	98
Weighted average common shares outstanding	17.2			10.2			14.1			10.1
Basic EPS	(7.66		)	(1.25		)	(18.29		)	9.68
Diluted EPS
Net income (loss)	$	(132	)	$	(13	)	$	(259	)	$	98
Weighted average common shares outstanding	17.2			10.2			14.1			10.1
Dilutive effect of stock awards	—			—			—			—
Weighted average diluted shares outstanding	17.2			10.2			14.1			10.1
Diluted EPS	$	(7.66	)	$	(1.25	)	$	(18.29	)	$	9.68

The weighted average shares outstanding for periods prior to April 30, 2013 have been adjusted to reflect the 1-for-5 reverse stock split of Dex One common stock.

Diluted EPS is calculated by dividing net income by the weighted average common shares outstanding plus potential dilutive common stock. Due to the Company's reported net loss for the three months ended September 30, 2013 and 2012 as well as the nine months ended September 30. 2013, the effect of all stock-based awards was anti-dilutive and therefore not included in the calculation of EPS. The effect of potentially dilutive common shares for the nine months ended September 30, 2012 was not material. For the nine months ended September 30, 2012, 0.5 million shares of the Company’s stock-based awards had exercise prices that exceeded the average market price of the Company’s common stock. These shares were not included in our weighted average diluted shares outstanding.

On September 5, 2013, certain employees were granted restricted stock awards, which entitles those participants to receive non-forfeitable dividends during the vesting period on a basis equivalent to the dividends paid to holders of the Company’s common stock. As such, these unvested restricted stock awards meet the definition of a participating security. Participating securities are defined as unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid) and are included in the computation of earnings per share pursuant to the two-class method. At September 30, 2013 there were 342,724 such participating securities outstanding. Under the two-class method, all earnings, whether distributed or undistributed, are allocated to each class of common stock and participating securities based on their respective rights to receive dividends. However, the net loss from continuing operations for the three and nine months ended September 30, 2013 was not allocated to these participating securities, as these awards do not share in any loss generated by the Company.

Note 5

Reorganizations Items

In accordance with ASC 852, reorganization items represent charges that are directly associated with the process of reorganizing the business under Chapter 11 of the Bankruptcy Code. For the three and nine months ended September 30, 2013, the Company recorded less than $1 million and $37 million, respectively, of reorganization items on the consolidated statements of comprehensive income (loss). The following table sets forth the details of reorganization items for the three and nine months ended September 30, 2013.

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	Three Months Ended September 30, 2013		Nine Months Ended September 30, 2013
	(in millions)
Write-off of remaining unamortized debt fair value adjustment	$	—	$	32
Professional fees	—		5
Total reorganization items	$	—	$	37

In conjunction with Dex One's adoption of fresh start accounting, after bankruptcy emergence on February 1, 2010, an adjustment was recorded to reflect Dex One's outstanding debt obligations at their fair value. A total discount of $120 million was recorded and was amortized as an increase to interest expense, until our filing for bankruptcy on March 18, 2013, to effectuate the merger.

The write-off of remaining unamortized debt fair value adjustment is associated with Dex One's debt obligations, which were classified as liabilities subject to compromise at March 31, 2013. ASC 852 specifies that when debt classified as liabilities subject to compromise is an allowed claim, and the allowed claim differs from the net carrying amount of the debt, the carrying amount shall be adjusted to the amount of the allowed claim. The gain or loss resulting from this adjustment shall be recognized as reorganization items. Based on our plan of reorganization and approved first-day motions of the Bankruptcy Court, the allowed debt holder claims equaled the outstanding face value of debt obligations and excluded the unamortized debt fair value adjustment associated with Dex One's debt obligations. Therefore, we recognized the remaining unamortized debt fair value adjustment as a reorganization item during the nine months ended September 30, 2013, which resulted in the adjustment of the carrying amount of Dex One's debt obligations to their face value.

Note 6

Additional Financial Information

Consolidated Statements of Comprehensive Income (Loss)

Depreciation and amortization

The following tables set forth the components of the Company's depreciation and amortization expense for the three and nine months endedSeptember 30, 2013, and 2012.

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
	(in millions)
Amortization of intangible assets	$	226	$	87	$	477	$	262
Amortization of capitalized software	11		13		33		39
Depreciation of fixed assets	5		4		14		12
Total depreciation and amortization	$	242	$	104	$	524	$	313

Severance

During the three and nine months endedSeptember 30, 2013, the Company recorded severance expense of $9 million and $28 million, respectively which was included as part of merger integration costs. During the three and nine months endedSeptember 30, 2012, the Company recorded severance expense of $1 million and $5 million, respectively. Severance costs are recorded as part of general and administrative expense on the Company's consolidated statements of comprehensive income (loss).

Interest expense, net

The Company recorded interest expense, net of $99 million and $221 million for the three and nine months endedSeptember 30, 2013, compared to $47 million and $152 million for the three and nine months endedSeptember 30, 2012, respectively. Interest expense, net consists primarily of interest expense associated with our debt obligations, non-cash interest expense associated with the amortization of debt discount, non-cash interest expense associated with payment-in-kind interest

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related to our senior subordinated notes, and non-cash interest expense associated with the amortization of deferred financing cost, offset by interest income. Non-cash interest expense was $23 million and $47 million for the three and nine months endedSeptember 30, 2013, compared to $9 million and $32 million for the three and nine months endedSeptember 30, 2012, respectively. As a result of our merger with SuperMedia effective April 30, 2013, the May 1, 2013 through September 30, 2013 interest expense, net of SuperMedia of $96 million (including $28 million of non-cash interest expense related to the amortization of debt discount) has been included in our interest expense, net for the nine months ended September 30, 2013.For the three months ended September 30, 2013 interest expense, net recorded by SuperMedia of $58 million (including $17 million of non-cash interest expense related to the amortization of debt discount) has been included in our interest expense, net.

Other comprehensive income (loss)

The following tables set forth the components of the Company's comprehensive income (loss) adjustments for pension and other post-employment benefits for the three and nine months endedSeptember 30, 2013, and 2012.

	Three Months Ended September 30,
	2013									2012
	Gross			Taxes			Net			Gross		Taxes		Net
	(in millions)
Net (loss)							$	(132	)					$	(13	)
Adjustments for pension and other post-employment benefits:
Accumulated actuarial losses of benefit plans	$	(7	)	$	3		(4		)	$	—	$	—	—
Reclassifications included in net (loss):
Amortization of actuarial losses	1			(1		)	—			—		—		—
Total reclassifications included in net (loss)	1			(1		)	—			—		—		—
Adjustments for pension and other post-employment benefits	$	(6	)	$	2		(4		)	$	—	$	—	—
Total comprehensive (loss)							$	(136	)					$	(13	)

	Nine Months Ended September 30,
	2013									2012
	Gross			Taxes			Net			Gross			Taxes			Net
	(in millions)
Net income (loss)							$	(259	)							$	98
Adjustments for pension and other post-employment benefits:
Accumulated actuarial losses of benefit plans	$	(18	)	$	7		(11		)	$	(2	)	$	1		(1		)
Reclassifications included in net income (loss):
Amortization of actuarial losses	2			(1		)	1			—			—			—
Settlement losses	—			—			—			2			(1		)	1
Total reclassifications included in net income (loss)	2			(1		)	1			2			(1		)	1
Adjustments for pension and other post-employment benefits	$	(16	)	$	6		(10		)	$	—		$	—		—
Total comprehensive income (loss)							$	(269	)							$	98

The following table sets forth the balance of the Company's accumulated other comprehensive (loss). All balances in accumulated other comprehensive (loss) are related to pension and other post-employment benefits.

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	Gross			Taxes		Net
	(in millions)
Accumulated other comprehensive (loss) - December 31, 2012	$	(47	)	$	3	$	(44	)
Adjustments for pension and other post-employment benefits, net of amortization	(16		)	6		(10		)
Accumulated other comprehensive (loss) - September 30, 2013	$	(63	)	$	9	$	(54	)

Balance Sheet

Assets held for sale

The Company entered into an agreement to sell its land and building in Los Alamitos, CA, for $21 million, subject to due diligence by the purchaser. The sale is anticipated to close within the next twelve months. As such, the Company has reflected these assets as assets held for sale on the Company's consolidated balance sheet as of September 30, 2013.

Accounts payable and accrued liabilities

The following table sets forth additional financial information related to the Company's accounts payable and accrued liabilities at September 30, 2013 and December 31, 2012.

	At September 30, 2013		At December 31, 2012
	(in millions)
Accounts payable	$	23	$	14
Accrued salaries and wages	71		32
Accrued taxes	21		5
Accrued expenses	43		37
Customer refunds, advance payments and other	19		7
Total accounts payable and accrued liabilities	$	177	$	95

The 2013 amounts include accounts payable and accrued liabilities associated with the acquisition of SuperMedia. For additional information on the acquisition of SuperMedia, see Note 2.

Fair Value of Financial Instruments

The Company's financial assets or liabilities required to be measured at fair value on a recurring basis include cash and cash equivalents held in money market funds.  The Company's money market funds of $81 million and $3 million as of September 30, 2013 and December 31, 2012, respectively, have been recorded at fair value using Level 2 inputs.  The Company had $10 million and $2 million held in certificates of deposit (“CD's”) at September 30, 2013 and December 31, 2012, respectively, that serve as collateral against letters of credit held with our insurance carriers.  These CD's are valued using Level 2 inputs. The fair value of the Company's money market funds and CD's classified as Level 2 are determined based on observable market data. The fair value of accounts receivable and accounts payable approximate their carrying amounts due to their short-term nature. The fair value of our senior secured credit facilities debt instruments are determined using Level 2 inputs based on the observable market data of a private exchange. The fair value of our senior subordinated notes are determined using Level 1 inputs.

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The following table sets forth the carrying amount and fair value of the Company's total debt obligations at September 30, 2013 and at December 31, 2012.

	At September 30, 2013				At December 31, 2012
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
	(in millions)
Senior secured credit facilities
SuperMedia Inc.	$	1,023	$	1,049	$	—	$	—
R.H. Donnelly Inc.	708		515		776		528
Dex Media East, Inc.	455		345		516		360
Dex Media West, Inc.	429		357		498		369
Senior subordinated notes	236		155		220		73
Total debt obligations	$	2,851	$	2,421	$	2,010	$	1,330

With the merger and the adoption of acquisition accounting, the SuperMedia senior secured credit facility was recorded at its fair value on April 30, 2013 of $1,082 million, from its face value of $1,442 million, resulting in a debt fair value adjustment of $360 million. For additional information on our outstanding debt obligations, see Note 8.

Note 7

Intangible Assets

The following table sets forth the details of the Company's intangible assets at September 30, 2013 and December 31, 2012.

	At September 30, 2013						At December 31, 2012
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
	(in millions)
Directory services agreements	$	1,475	$	579	$	896	$	1,330	$	363	$	967
Client relationships	1,155		413		742		735		217		518
Trademarks and domain names	440		140		300		380		84		296
Patented technologies	85		37		48		75		30		45
Advertising commitment	11		6		5		11		4		7
Total intangible assets	$	3,166	$	1,175	$	1,991	$	2,531	$	698	$	1,833

Included in the above amounts at September 30, 2013 are the intangible assets acquired as a result of the merger with SuperMedia on April 30, 2013. For additional information related to the acquisition of SuperMedia's intangible assets, see Note 2.

As a result of the merger and emergence from bankruptcy, the Company performed an evaluation of the carrying value of its existing intangible assets for each reporting unit as of April 30, 2013, the date of the merger. The Company determined that the carrying values of its existing intangible assets remain recoverable and were not impaired.

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The Company also evaluated the estimated remaining useful lives of its intangible assets as of April 30, 2013 and concluded that the estimated remaining useful lives needed to be shortened to properly reflect the remaining period that each intangible asset is expected to contribute to future cash flows. To determine the amount to amortize in each year of their estimated remaining useful lives, the Company used the income forecast method, which is an accelerated amortization method that assumes the remaining value of these intangible assets is greater in the earlier years and then steadily declines over time based on expected future cash flows. The changes to the estimated remaining useful lives are reflected in the following table:

	Estimated Remaining Useful Lives
	Previous	Revised
Directory services agreements	9 years	5 years
Client relationships	8 years	4 years
Trademarks and domain names	8 years	6 years
Patented technologies	5 years	5 years
Advertising commitment	5 years	3 years

Amortization expense for intangible assets was $226 million and $477 million for the three and nine months endedSeptember 30, 2013, respectively. Amortization expense for intangible assets was $87 million and $262 million for the three and nine months endedSeptember 30, 2012, respectively. The nine months ended September 30, 2013 intangible asset amortization expense was impacted by the inclusion of SuperMedia's May 1, 2013 through September 30, 2013 amortization expense of $110 million. For the three months ended September 30, 2013 SuperMedia intangible asset amortization expense impact was $66 million. Additionally, amortization expense related to Dex One existing intangibles assets increased $73 million and $105 million for the three and nine months endedSeptember 30, 2013, respectively, primarily due to the change in estimated remaining useful lives.

The annual amortization expense for intangible assets is estimated to be $703 million in 2013, $768 million in 2014, $514 million in 2015, $310 million in 2016, $141 million in 2017, and $32 million thereafter.

Note 8

Debt Obligations

The following table sets forth the Company's outstanding debt obligations on the consolidated balance sheets at September 30, 2013 and December 31, 2012.

		Interest Rates				Carrying Value
	Maturity	At September 30, 2013		At December 31, 2012		At September 30, 2013		At December 31, 2012
						(in millions)
Senior secured credit facilities
SuperMedia Inc.	December 31, 2016	11.6	%	11.0	%	$	1,023	$	—
R.H. Donnelly Inc.	December 31, 2016	9.75	%	9.0	%	708		776
Dex Media East, Inc.	December 31, 2016	6.0	%	2.8	%	455		516
Dex Media West, Inc.	December 31, 2016	8.0	%	7.0	%	429		498
Senior subordinated notes	January 29, 2017	14.0	%	14.0	%	236		220
Total debt						2,851		2,010
Less: current maturities of long-term debt						160		2,010
Long-term debt						$	2,691	$	—

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As a result of the merger and adoption of acquisition accounting on April 30, 2013, SuperMedia's debt obligation was recorded at its fair value of $1,082 million, from its face value of $1,442 million, resulting in a discount of $360 million. This debt fair value adjustment will be amortized as an increase to interest expense over the remaining term of the SuperMedia debt obligation using the effective interest method and does not impact future interest or principal payments. Amortization of the SuperMedia debt fair value adjustment included an increase to interest expense of $17 million and $28 million during the three and nine months endedSeptember 30, 2013. The unamortized portion of the SuperMedia discount as of September 30, 2013 was $332 million.

In conjunction with Dex One's adoption of fresh start accounting, after bankruptcy emergence on February 1, 2010, an adjustment was recorded to reflect Dex One's outstanding debt obligation at its fair value. A total discount of $120 million was recorded and was amortized as an increase to interest expense, until our next filing for bankruptcy on March 18, 2013, to effectuate the merger. As a result of filing for bankruptcy, Dex One's debt obligations were classified as liabilities subject to compromise at March 31, 2013. As discussed in Note 5, the Company recognized the remaining unamortized debt fair value adjustments associated with Dex One's debt obligations of $32 million as a reorganization item on the consolidated statement of comprehensive income (loss) for the nine months ended September 30, 2013, which resulted in the adjustment of the carrying amounts of Dex One's debt obligations, to its face value.

The filing of bankruptcy on March 18, 2013 triggered an event of default that rendered the remaining debt obligations of Dex One immediately due and payable. Any efforts to enforce the immediate payment of its debt obligations were stayed as a result of filing bankruptcy. However, since the Bankruptcy Court had the ability to approve a motion to enforce the immediate payment provisions during that time, we classified the Dex One debt obligations as current maturities of long-term debt at December 31, 2012.

Senior Secured Credit Facilities

In connection with the consummation of the Prepackaged Plans and the merger between Dex One and SuperMedia, on April 30, 2013, Dex Media entered into an amended and restated loan agreement for SuperMedia and three amended and restated loan agreements for each of Dex Media East, Inc. (“ DME”), Dex Media West, Inc. (“ DMW”) and R.H. Donnelley Inc. (“ RHDI ”) (collectively, the "senior secured credit facilities"), with named financial institutions and JPMorgan Chase Bank, N.A. as administrative agent and collateral agent under the SuperMedia, DME and DMW senior secured credit facilities, and Deutsche Bank Trust Company Americas as administrative agent and collateral agent under the RHDI senior secured credit facility.  The administrative agents and financial institutions were the administrative agents and the lenders under Dex One's and SuperMedia's pre-existing senior secured credit facilities. Please refer to the Dex One Annual Report on Form 10-K and the SuperMedia Annual Report on Form 10-K for the year ended December 31, 2012 for detailed information regarding the terms and conditions of Dex One and SuperMedia debt obligations prior to the merger.

SuperMedia Senior Secured Credit Facility

The SuperMedia senior secured credit facility interest is paid (1) with respect to any base rate loan, quarterly, and (2) with respect to any Eurodollar loan, on the last day of the interest period applicable to such borrowing, at SuperMedia's option, at either:

• With respect to base rate loans, the highest (subject to a floor of 4.00%) of (1) the prime rate, (2) the federal funds effective rate plus 0.50%, or (3) adjusted London Inter-Bank Offered Rate ("LIBOR") plus 1.00%, plus an interest rate margin of 7.60%, or

• With respect to Eurodollar loans, the higher of (1) adjusted LIBOR or (2) 3.00%, plus an interest rate margin of 8.60%. SuperMedia may elect interest periods of one, two or three months for Eurodollar borrowings.

RHDI Senior Secured Credit Facility

The RHDI senior secured credit facility interest is paid (1) with respect to any base rate loan, quarterly, and (2) with respect to any Eurodollar loan, on the last day of the interest period applicable to such borrowing (with certain exceptions for interest periods of more than three months), at RHDI's option, at either:

• With respect to base rate loans, the highest (subject to a floor of 4.00%) of (1) the prime rate, (2) the federal funds effective rate plus 0.50%, or (3) adjusted LIBOR plus 1.00%, plus an interest rate margin of 5.75%, or

• With respect to Eurodollar loans, the higher of (1) adjusted LIBOR or (2) 3.00%, plus an interest rate margin of 6.75%. RHDI may elect interest periods of one, two, three or six months for Eurodollar borrowings.

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DME Senior Secured Facility

The DME senior secured credit facility interest is paid (1) with respect to any base rate loan, quarterly, and (2) with respect to any Eurodollar loan, on the last day of the interest period applicable to such borrowing (with certain exceptions for interest periods of more than three months), at DME's option, at either:

• With respect to base rate loans, the highest (subject to a floor of 4.00%) of (1) the prime rate, (2) the federal funds effective rate plus 0.50%, or (3) adjusted LIBOR plus 1.00%, plus an interest rate margin of 2.00%, or

• With respect to Eurodollar loans, the higher of (1) adjusted LIBOR or (2) 3.00%, plus an interest rate margin of 3.00%. DME may elect interest periods of one, two, three or six months for Eurodollar borrowings.

DMW Senior Secured Credit Facility

The DMW senior secured credit facility interest is paid (1) with respect to any base rate loan, quarterly, and (2) with respect to any Eurodollar loan, on the last day of the interest period applicable to such borrowing (with certain exceptions for interest periods of more than three months), at DMW's option, at either:

• With respect to base rate loans, the highest (subject to a floor of 4.00%) of (1) the prime rate, (2) the federal funds effective rate, plus 0.50%, or (3) adjusted LIBOR, plus 1.00%, plus an interest rate margin of 4.00%, or

• With respect to Eurodollar loans, the higher of (1) adjusted LIBOR or (2) 3.00%, plus an interest rate margin of 5.00%. DMW may elect interest periods of one, two, three or six months for Eurodollar borrowings.

Senior Subordinated Notes

The Company's senior subordinated notes require interest payments, payable semi-annually on March 31 and September 30 of each year. The senior subordinated notes accrue interest at 12% for cash interest payments and 14% for payments-in-kind ("PIK") interest. PIK interest represents additional indebtedness and increases the aggregate principal amount owed. The Company is required to make interest payments of 50% in cash and 50% in PIK interest until maturity of the senior secured credit facilities on December 31, 2016. For the semi-annual interest period ending March 31, 2013 and September 30, 2013, the Company made interest payments of 50% in cash and 50% in PIK interest resulting in the issuance of an additional $16 million of senior subordinated notes. The Company is restricted from making open market repurchases of its senior subordinated notes until maturity of the senior secured credit facilities on December 31, 2016.

Principal Payment Terms for Senior Secured Credit Facilities

The Company has mandatory debt principal payments due after each quarter prior to the December 31, 2016 maturity date on its outstanding senior secured credit facilities. RHDI, DME and DMW are required to pay scheduled amortization payments, plus additional prepayments at par equal to each borrower's respective Excess Cash Flow ("ECF"), multiplied by the applicable ECF Sweep Percentage as defined in the respective senior secured credit facility (60% for RHDI, 50% for DMW, and 70% in 2013 and 2014 and 60% in 2015 and 2016 for DME). SuperMedia is required to make prepayments at par in an amount equal to 67.5% of any increase in Available Cash, as defined in its senior secured credit facility. 

In addition to these principal payments, the Company may on one or more occasions use another portion of the increase in ECF or Available Cash, as applicable to repurchase debt at market prices ("Voluntary Prepayments") at a discount of face value, as defined in the respective senior secured credit facility (12.5% for SuperMedia, 20% for RHDI, 30% for DMW, and 15% in 2013 and 2014 and 20% in 2015 and 2016 for DME) as determined following the end of each quarter. These Voluntary Prepayments must be made within 180 days after the date on which financial statements are delivered to the administrative agents. If a borrower does not make such Voluntary Prepayments within the 180-day period, the Company must make a prepayment at par at the end of the quarter during which such 180-day period expires.  

Any remaining portion of ECF or Available Cash, may be used at the Company's discretion, subject to certain restrictions specified in each senior secured credit facility agreement.

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2013 and 2012 Principal Payments

During the nine months ended September 30, 2013, the Company made mandatory and accelerated principal payments on its senior secured credit facilities at par of $210 million and $111 million, respectively, for total debt principal payments of $321 million. Accelerated principal payments consist of prepayments of cash flow sweep requirements under our senior secured credit facilities.

During the nine months ended September 30, 2012, the Company made debt principal payments of $401 million, which reduced the Company's debt obligations by $545 million. On March 23, 2012, the Company utilized $70 million in cash to prepay $142 million of the senior secured credit facilities. This transaction resulted in the Company recording a non-taxable gain of $69 million ($72 million gain offset by $3 million in administrative fees and other adjustments).On April 19, 2012, the Company utilized $26 million in cash to prepay $98 million of the senior subordinated notes. This transaction resulted in the Company recording a non-taxable gain of $71 million ($72 million gain offset by $1 million in administrative fees). During the nine months ended September 30, 2012, the Company also made debt principal payments, at par, of $305 million.

Debt Covenants

Each of the senior secured credit facilities described above contain certain covenants that, subject to exceptions, limit or restrict each borrower's incurrence of liens, investments (including acquisitions), sales of assets, indebtedness, payment of dividends, distributions and payments of certain indebtedness, sale and leaseback transactions, swap transactions, affiliate transactions, capital expenditures and mergers, liquidations and consolidations.  Each of the senior secured credit facilities also contain certain covenants that, subject to exceptions, limit or restrict each borrower's incurrence of liens, indebtedness, ownership of assets, sales of assets, payment of dividends or distributions or modifications of the senior subordinated notes. Each borrower is required to maintain compliance with a consolidated leverage ratio covenant and a consolidated interest coverage ratio covenant.

The senior subordinated notes contain certain covenants that, subject to certain exceptions, among other things, limit or restrict the Company's (and, in certain cases, the Company's restricted subsidiaries) incurrence of indebtedness, making of certain restricted payments, incurrence of liens, entry into transactions with affiliates, conduct of its business and the merger, consolidation or sale of all or substantially all of its property.

As of September 30, 2013, the Company is in compliance with all of the covenants associated with its senior secured credit facilities and senior subordinated notes.

Guarantees

Each of the senior secured credit facilities are separate facilities with no cross guarantees or collateralization provision among the entities, subject to certain exceptions. The Shared Guarantee and Collateral agreement has certain cross guarantee and collaterization provisions among RHDI, DME and DMW, but excludes SuperMedia. However, an event of default by one of the entities could trigger a call on the applicable guarantor. An event of default by a guarantor on a guarantee obligation could be an event of default under the applicable credit facility, and if demand is made under the guarantee and the creditor accelerates the indebtedness, failure to satisfy such claims in full would in turn trigger a default under all of the other credit facilities. A subordinated guarantee also provides that SuperMedia, RHDI, DME and DMW guarantees the obligations of the other such entities, including SuperMedia, provided that no claim may be made on such guarantee until the senior secured debt of such entity is satisfied and discharged.

Note 9

Employee Benefits

Pension Benefits

The Company provides pension benefits to many of its employees. The Company's pension plans are non-contributory defined benefit pension plans. The pension plans include the Dex One Retirement Account, the Dex Media, Inc. Pension Plan; and, in conjunction with the merger with SuperMedia, the SuperMedia Pension Plan for Management Employees and the SuperMedia Pension Plan for Collectively Bargained Employees. The Company also maintains two non-qualified pension plans for certain executives, the Dex One Pension Benefit Equalization Plan and the SuperMedia Excess Pension Plan. Pension assets related to the Company's qualified pension plans, which are held in master trusts and recorded on the Company's consolidated balance sheet, are valued in accordance with applicable accounting guidance on fair value measurements.

Net Periodic Cost

The following table sets forth the benefit costs (income) related to the Company's pension plans for the three and nine months endedSeptember 30, 2013 and 2012, which includes May 1, 2013 through September 30, 2013 activity associated with the SuperMedia pension plans.

	Pension Benefit Cost (Income)
	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
	(in millions)
Service cost	$	1		$	—		$	1		$	—
Interest cost	7			3			15			8
Expected return on plan assets	(11		)	(4		)	(22		)	(10		)
Settlement loss	—			—			—			2
Amortization of net loss	1			—			2			—
Net periodic cost (income)	$	(2	)	$	(1	)	$	(4	)	$	—

The Company made cash contributions to its qualified pension plans of $1 million and $3 million during the three and nine months ended September 30, 2013, respectively, and $5 million and $14 million during the three and nine months endedSeptember 30, 2012, respectively. We expect to make total contributions of approximately $4 million to our pension plans in 2013.

For the nine months ended September 30, 2012, lump sum payments to participants of the Dex Media, Inc. Pension Plan and the Dex One Pension Benefit Equalization Plan exceeded the sum of the service cost, plus interest cost components of the net periodic cost, resulting in the recognition of a settlement loss of $2 million.

Other Post-Employment Benefits

As a result of the acquisition of SuperMedia, the Company has an obligation to provide other post-employment benefits ("OPEB") to select employees of SuperMedia. The Company's OPEB includes post-employment health care and life insurance plans for the Company's retirees and their dependents that are both contributory and noncontributory and include a limit on the Company's share of cost for recent and future retirees. Certain retirees will continue to receive a reduced company subsidy through December 31, 2013. During the nine months ended September 30, 2013, the Company recorded other post-employment benefit expense of $1 million associated with interest costs.

Savings Plans Benefits

The Company sponsors defined contribution savings plans to provide opportunities for eligible employees to save for retirement. The savings plans include the Dex One 401(k) Savings Plan, the Dex One Restoration Plan and the Dex Media, Inc. Employee Savings Plan; and, in conjunction with the merger with SuperMedia, the SuperMedia Savings Plan. Substantially all of the Company's employees are eligible to participate in the plans. Participant contributions may be made on a pre-tax or after-tax basis. Under the plans, a certain percentage of eligible employee contributions are matched with Company cash contributions that are allocated to the participants' current investment elections. The Company recognizes its contributions as savings plan expense based on its matching obligation to participating employees. For the three and nine months endedSeptember 30, 2013, the Company recorded total savings plan expense of $3 million and $9 million, respectively, which includes May 1, 2013 through September 30, 2013 activity associated with the SuperMedia Savings Plan. For the three and nine months endedSeptember 30, 2012, the Company recorded total savings plan expense of $3 million and $8 million, respectively.

Note 10

Stock-Based Compensation

Stock-Based Compensation Expense

The Dex Media, Inc. Equity Incentive Plan and the Dex Media, Inc. Amended and Restated Long-Term Incentive Plan ("Plans") provide for several forms of incentive awards to be granted to designated eligible employees, non-management

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directors, consultants and independent contractors providing services to the Company. As of April 30, 2013, the maximum number of shares of Dex Media common stock authorized for issuance under the Plans is 1,264,911. During 2013, the Company granted equity awards under the Plans.

Impact of Merger on Equity Compensation Plans

The Merger Agreement specified how equity compensation awards issued by Dex One prior to completion of the merger with SuperMedia would be treated. If the closing price of Dex One common stock on the day before the closing date of the merger was less than or equal to the strike price for an option, such option was considered "underwater" and was canceled for no value. If the Dex One closing price exceeded the strike price, such options were considered "in the money" and converted into a fully-vested option, subject to the modifications to both the number of shares that could be acquired upon exercise of the option and the per share exercise price resulting from the 1-for-5 reverse split. All stock appreciation rights were underwater at the time of the merger and were therefore canceled. Each share of restricted stock was converted into 0.2 shares of Dex Media common stock. Each restricted stock unit denominated in shares of Dex One stock that was unsettled, became vested and converted into the right to receive a number of shares of Dex Media common stock equal to the number of stock units multiplied by the 0.2 conversion rate. As a result of these merger related stock transactions, the Company accelerated $2 million of expense related to these awards during the three months ended June 30, 2013.

Restricted Stock

The Plans provide for grants of restricted stock.  These awards are classified as equity awards based on the criteria established by the applicable accounting rules for stock-based compensation. The fair value of the restricted stock awards was determined based on the price of Dex Media common stock on the date of grant.

On September 5, 2013, certain employees were granted restricted stock awards of 342,724 that cliff vest on December 31, 2015.  Grant award recipients would receive all regular cash dividends if the Company were to declare dividends.

All unvested shares of restricted stock will immediately terminate upon the employee's termination of employment with the Company on or before December 31, 2015 except that the Compensation and Benefits Committee of the Board of Directors, at its sole option and election, may permit the accelerated vesting of the award. In the event of the employee's termination of service by the Company without cause or by the employee for good reason within six months prior to or two years following a change in control (as defined in the applicable award agreement), any unvested restricted stock will become fully vested on the date of such termination (or the date of the change in control, if such termination occurs within six months prior to such change in control).

A portion of the cost related to these awards is included in the Company's compensation expense for the three and nine months ended September 30, 2013.

Stock Options

The Plans provide for grants of stock options. These awards are classified as equity awards based on the criteria established bythe applicable accounting rules for stock-based compensation.

On September 5, 2013, certain employees were granted stock option awards of 430,600 that vest over four years in equal installments on the first, second, third, and fourth anniversaries of the grant date and have a 10 year term from the date of grant.

A stock option holder may pay the option exercise price in cash by delivering unrestricted shares to the Company having a value at the time of exercise equal to the exercise price, by a cashless broker-assisted exercise, by a combination of these methods or by any other method approved by the Compensation and Benefits Committee of the Company's Board of Directors. Options may not be re-priced without the approval of the Company's stockholders.

If the employee's employment with the Company terminates by reason of the Company's termination of the employee's employment other than for cause, or the employee's resignation from employment, then in any such case, stock options shall be vested only to the extent they are vested on the effective date of such termination of employment or resignation.

If the employee's employment with the Company terminates by reason of the Company's termination of the employee's employment for cause, then stock options, whether or not vested, shall terminate immediately upon such termination of employment.

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In the event of the employee's termination of service with the Company by the Company without cause or by the employee for good reason within six months prior to or two years following a change in control (as defined in the applicable award agreement), any unvested portion of the options shall become fully vested on the date of such termination (or the date of the change in control, if such termination occurs within six months prior to such change in control).

The fair value of each option award is estimated on the grant date using the Black-Scholes option pricing model.  The model incorporates assumptions regarding inputs as follows:

ŸExpected volatility is a blend of the implied volatility of Dex Media common stock as of the grant date, the historical volatility of Dex Media common stock over its history, and the historical volatility of ten of Dex Media's peers;

ŸExpected life is calculated based on the average life of the remaining vesting term and the remaining contractual life of each award; and

Ÿ The risk-free interest rate is determined using the U.S. Treasury zero-coupon issue with a remaining term equal to the expected life of the option.

A portion of the cost related to these stock option awards is included in the Company's compensation expense for the three and nine months ended September 30, 2013.

Stock-Based Compensation Expense

The following table sets forth stock-based compensation expense recognized for the three and nine months endedSeptember 30, 2013 and 2012. Of the 2013 amount, $2 million was included as part of merger transaction costs. These costs were recorded as part of general and administrative expense on the Company's consolidated statements of comprehensive income (loss).

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
	(in millions)
Stock-based compensation expense	$	1	$	1	$	4	$	4

As of September 30, 2013, unrecognized compensation expense related to the unvested portion of the Company's restricted stock and stock option awards was approximately $5 million, and is expected to be recognized over a weighted-average period of approximately 3.3 years.

Note 11

Income Taxes

Income taxes have been provided for in the accompanying consolidated financial statements on the basis of an estimated annual effective tax rate, adjusted for the items considered discrete for the periods presented.

The Company recorded income taxes based on an anticipated annual effective tax rate, including the impact of discrete tax benefits, of approximately 45% for 2013. This estimated annual effective tax rate, inclusive of discrete tax benefits, differs from the statutory rate primarily due to reductions in recorded valuation allowances, reductions in certain deferred tax liabilities, lapsing of various uncertain tax positions due to expiration of the statute of limitations in various jurisdictions and changes in state tax apportionment. Excluding the lapsing of various uncertain tax positions, these tax benefits are primarily associated with the merger with SuperMedia which resulted in the availability of deferred tax liabilities to support the future realization of deferred tax assets in certain tax jurisdictions and changes in state tax apportionment. Without the reductions in the recorded valuation allowance, lapsing of uncertain tax positions, reductions in certain deferred tax liabilities and changes in state tax apportionment, our anticipated annual effective tax rate, inclusive of discrete items, would approximate 35% for 2013. Our estimated annual effective tax rate for 2013 may be subject to change in future periods.

The annual effective tax rate of 10% for the year ended December 31, 2012 differed from the statutory rate primarily due to changes in recorded valuation allowances, the impact of state income taxes, changes in certain deferred tax liabilities, and the impact of non-deductible interest expense related to our debt obligations.

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Note 12

Legal Proceedings

The Company is subject to various lawsuits and other claims in the normal course of business. In addition, from time to time, the Company receives communications from government or regulatory agencies concerning investigations or allegations of noncompliance with laws or regulations in jurisdictions in which the Company operates.

The Company establishes reserves for the estimated losses on specific contingent liabilities, for regulatory and legal actions where the Company deems a loss to be probable and the amount of the loss can be reasonably estimated. In other instances, the Company is not able to make a reasonable estimate of liability because of the uncertainties related to the outcome or the amount or range of potential loss. The Company does not expect that the ultimate resolution of pending regulatory and legal matters in future periods, including the matters described below will have a material adverse effect on its statements of comprehensive income (loss).

On April 30, 2009, May 21, 2009, and June 5, 2009, three separate putative class action securities lawsuits were filed in the U.S. District Court for the Northern District of Texas, Dallas Division, against certain officers of SuperMedia Inc., formerly Idearc Inc. (but not against the Company or its subsidiaries). The suits were filed by Jan Buettgen, John Heffner, and Alan Goldberg as three separate named plaintiffs on behalf of purchasers of the Company's common stock between August 10, 2007 and March 31, 2009, inclusive. On May 22, 2009, a putative class action securities lawsuit was filed in the U.S. District Court for the Eastern District of Arkansas against two of the Company's current officers (but not against the Company or its subsidiaries). The suit was filed by Wade L. Jones on behalf of purchasers of the Company's bonds between March 27, 2008 and March 30, 2009, inclusive. On August 18, 2009, the Wade Jones case from Arkansas federal district court was transferred to be consolidated with the cases filed in Texas. The complaints are virtually identical and generally allege that the defendants violated federal securities laws by issuing false and misleading statements regarding the Company's financial performance and condition. Specifically, the complaints allege violations by the defendants of Section 10(b) of the Securities Exchange Act of 1934, as amended (“Exchange Act”), Rule 10b-5 under the Exchange Act and Section 20 of the Exchange Act. The plaintiffs were seeking unspecified compensatory damages and reimbursement for litigation expenses. Since the filing of the complaints, all four cases have been consolidated into one court in the Northern District of Texas and a lead plaintiff and lead plaintiffs' attorney have been selected (“Buettgen” case). On April 12, 2010, the Company filed a motion to dismiss the entire Buettgen complaint. On August 11, 2010, in a one line order without an opinion, the court denied the Company's motion to dismiss. On May 19, 2011, the court granted the plaintiffs' motion certifying a class. Subsequently, the Fifth Circuit Court of Appeals denied the Company's petition for an interlocutory appeal of the class certification order. On September 24, 2012, the Company defendants filed a motion for summary judgment seeking a complete dismissal which was denied on February 20, 2013. The parties entered into a tentative settlement of the matter on April 1, 2013. The Court has preliminarily approved the settlement and set a fairness hearing for November 12, 2013. The Company's insurance carriers have fully funded the settlement pursuant to the Court's order preliminarily approving the settlement.

On April 20, 2009, a lawsuit was filed in the district court of Tarrant County, Texas, against certain officers and directors of SuperMedia Inc., formerly Idearc Inc. (but not against the Company or its subsidiaries) on behalf of Jack B. Corwin as Trustee of The Jack B. Corwin Revocable Trust, and Charitable Remainder Stewardship Company of Nevada, and as Trustee of the Jack B. Corwin 2006 Charitable Remainder Unitrust (the “Corwin” case). The Corwin case generally alleges that at various times in 2008 and 2009, the named Company officers and directors made false and misleading representations, or failed to state material facts, which made their statements misleading regarding the Company's financial performance and condition. The suit brings fraud and negligent misrepresentation claims and alleges violations of the Texas Securities Act and Section 27 of the Texas Business Commerce Code. The plaintiffs seek unspecified compensatory damages, exemplary damages, and reimbursement for litigation expenses. On June 3, 2009, the plaintiffs filed an amended complaint with the same allegations adding two additional Company directors as party defendants. On June 10, 2010, the court in the Buettgen case granted the Company's motion staying discovery in the Corwin case pursuant to the provisions of the Private Securities Litigation Reform Act. Several of the Company defendants have filed motions for summary judgment claiming that there is no evidence of any wrongdoing elicited during the discovery phase which have been set for hearing. The Company awaits an order of the Court. The Company plans to honor its indemnification obligations and vigorously defend the lawsuit on the defendants' behalf.

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On November 25, 2009, three former Bell retirees brought a putative class action lawsuit in the U.S. District Court for the Northern District of Texas, Dallas Division, against both the employee benefits committee and pension plans of Verizon and the employee benefits committee (“EBC”) and pension plans of SuperMedia Inc., formerly Idearc Inc.  All three named plaintiffs are receiving the single life monthly annuity pension benefits. All complain that Verizon transferred them against their will from the Verizon pension plans to the Company pension plans at or near the Company's spin-off from Verizon.  The complaint alleges that both the Verizon and Company defendants failed to provide requested plan documents, which would entitle the plaintiffs to statutory penalties under the Employee Retirement Income Securities Act (“ERISA”); that both the Verizon and Company defendants breached their fiduciary duty for refusal to disclose pension plan information; and other class action counts aimed solely at the Verizon defendants. The plaintiffs seek class action status, statutory penalties, damages and a reversal of the employee transfers.  The Company defendants filed their motion to dismiss the entire complaint on March 10, 2010. On October 18, 2010, the court ruled on the pending motion dismissing all the claims against the Company pension plans and all of the claims against the Company's EBC relating to the production of documents and statutory penalties for failure to produce same. The only claims that remained against the Company were procedural ERISA claims against the Company's EBC. On November 1, 2010, the Company's EBC filed its answer to the complaint. On November 4, 2010, the Company's EBC filed a motion to dismiss one of the two remaining procedural ERISA claims against the EBC. Pursuant to an agreed order, the plaintiffs have obtained class certification against the Verizon defendants and discovery has commenced. After obtaining permission from the court, the plaintiffs filed another amendment to the complaint, alleging a new count against the Company's EBC. The Company's EBC filed another motion to dismiss the amended complaint and have filed a summary judgment motion before the deadline set by the scheduling order. On March 26, 2012, the court denied the Company's EBC's motion to dismiss. On September 16, 2013, the court granted the defendants’ summary judgments, denied the plaintiffs’ summary judgment, and entered a take nothing judgment in favor of the Company EBC. The time for plaintiffs to file an appeal has not yet run. The Company plans to honor its indemnification obligations and vigorously defend the lawsuit on the defendants' behalf.

On December 10, 2009, a former employee with a history of litigation against SuperMedia Inc., formerly Idearc Inc. filed a putative class action lawsuit in the U.S. District Court for the Northern District of Texas, Dallas Division, against certain of the Company's current and former officers, directors and members of the Company's EBC. The complaint attempts to recover alleged losses to the various savings plans that were allegedly caused by the breach of fiduciary duties in violation of ERISA by the defendants in administrating the plans from November 17, 2006 to March 31, 2009. The complaint alleges that: (i) the defendants wrongfully allowed all the plans to invest in Idearc common stock, (ii) the defendants made material misrepresentations regarding the Company's financial performance and condition, (iii) the defendants had divided loyalties, (iv) the defendants mismanaged the plan assets, and (v) certain defendants breached their duty to monitor and inform the EBC of required disclosures. The plaintiffs are seeking unspecified compensatory damages and reimbursement for litigation expenses. At this time, a class has not been certified. The plaintiffs have filed a consolidated complaint. The Company filed a motion to dismiss the entire complaint on June 22, 2010. On March 16, 2011, the court granted the Company defendants' motion to dismiss the entire complaint; however, the plaintiffs have repleaded their complaint. The Company defendants have filed another motion to dismiss the new complaint. On March 15, 2012, the court granted the Company defendants' second motion dismissing the case with prejudice. The plaintiffs have appealed the dismissal and briefing in the 5th Circuit U.S. Court of Appeals has been completed. On July 9, 2013, the 5th U.S. Circuit Court of Appeals issued a decision affirming the dismissal of the trial court. On July 23, 2013, plaintiffs filed a Petition to the 5th U.S. Circuit Court of Appeals for a rehearing en banc which has been denied. The time for filing further appeals has not yet run. The Company plans to honor its indemnification obligations and vigorously defend the lawsuit on the defendants' behalf.

On July 23, 2010, a patent holder sued Dex One and several other IYP publishers for infringement of its so-called “474 Patent” in the U.S. District Court, Eastern District of Texas. The Plaintiff claims that the Company and other IYP publishers have provided or used systems or provided services that infringe the 474 Patent. The complaint against the Company seeks damages arising from the infringement and an injunction against further infringement of the 474 Patent. The Company completed preliminary document production and filed its invalidity contentions on June 30, 2011. In August 2012, the Court issued a coordinated scheduling order applicable to all the defendants. Under the order, the claim construction hearing was scheduled for January 24, 2013. In February 2013, the Court issued its claim construction order. On October 29, 2013, the Company settled this matter.

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On July 1, 2011, several former employees filed a Fair Labor Standards Act (“FLSA”) collective action against SuperMedia Inc., formerly Idearc Inc., all its subsidiaries, the current chief executive officer and the former chief executive officer in the U.S. District Court, Northern District of Texas, Dallas Division. The complaint alleges that the Company improperly calculated the rate of pay when it paid overtime to its hourly sales employees. On July 29, 2011, the Company filed a motion to dismiss the complaint. In response, the plaintiffs amended their complaint to allege that the individual defendants had “off-the-clock” claims for unpaid overtime. Subsequently, the Company amended its motion to dismiss in light of the new allegations. On October 25, 2011, the Plaintiffs filed a motion to conditionally certify a collective action and to issue notice. On March 29, 2012, the court denied the Company's motion to dismiss and granted the plaintiffs' motion to conditionally certify the class. The Company's motion seeking permission to file an interlocutory appeal of the order was denied and a notice has been sent to the Company's former and current employees. The time for opting into the class has expired. The plaintiffs that failed to file their opt-ins on time have filed a companion case with the same allegations.

On June 26, 2012, SuperMedia filed a class action in the U.S. District Court for the Northern District of Texas, Dallas Division where the Company seeks a declaratory judgment concerning the Company's right to enact several amendments that were recently made to its retiree health and welfare benefit plans, and more generally the Company's right to modify, amend or terminate these plans. Several of the defendants have filed motions to dismiss as well as a counterclaim. The Company has filed a motion to dismiss the counterclaim. On August 8, 2013, the court granted several of the defendants' motion to dismiss and dismissed the defendants’ counterclaim. The Company and the remaining defendants are preparing a scheduling order to file with the court.

On March 29, 2013, a former unsecured note holder that was impacted by the bankruptcy of SuperMedia Inc., formerly Idearc Inc., in 2009, filed a notice and summons against Verizon Communications and the former chief financial officer ("CFO") of the Company in the Supreme Court of the State of New York, New York County. The filing alleges that Verizon improperly formed the Company prior to the spin-off by not having the requisite number of directors under Delaware law. The plaintiff alleges that since the Company was improperly formed, the former CFO did not have the authority to execute the note on behalf of the Company and accordingly both Verizon and the former CFO are liable for the unpaid principal and interest when the notes were impacted by the bankruptcy. The Company plans to honor its indemnification obligation and vigorously defend the lawsuit on the defendant's behalf.

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Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations

The following discussion and analysis of our financial condition and results of operations, our expectations regarding the future performance of our business and the other non-historical statements in the discussion and analysis are forward-looking statements. These forward-looking statements are subject to risks, uncertainties and other factors including those described in "Part I - Item 1A. Risk Factors" of the Annual Report on Form 10-K for the year ended December 31, 2012 of Dex One Corporation, as updated in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2013. Our actual results may differ materially from those contained in any forward-looking statements. You should read the following discussion together with our financial statements and related notes thereto included in this report.

Our financial results may not be indicative of our future performance.

Overview

Dex Media, Inc. (“Dex Media”, “we”, “us”, “our”, or the “Company”) is a leading provider of local marketing solutions to over 600,000 business clients across the United States. We have more than 2,000 marketing consultants who work directly with our clients to provide multiple local marketing solutions to drive customer leads to our clients.

Our local marketing solutions are primarily sold under various “Dex” and “Super” brands, including print yellow page directories, online local search websites, mobile local search applications, and placement of our client's information and advertisements on major search engine websites with whom we are affiliated. Our local marketing solutions also include website development, search engine optimization, market analysis, video development and promotion, reputation management, social media marketing, and tracking/reporting of customer leads.

Our print yellow page directories are co-branded with various local exchange telephone companies; including Verizon Communications Inc., AT&T Corp., Century Link, Inc., Fairpoint Communications, Inc., and Frontier Communications Corporation. We operate as the official publisher of print yellow page directories in some of the markets that they provide telephone service, and we have multiple agreements that govern our relationship with each of these companies, including publishing agreements, branding agreements, and non-competition agreements.

Basis of Presentation

The Company prepares its financial statements in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”). Pursuant to the rules and regulations of the United States Securities and Exchange Commission (“SEC”), the accompanying unaudited consolidated financial statements contain all adjustments, consisting of normal recurring items and accruals, necessary to fairly present the financial position, results of operations and cash flows of Dex Media and its subsidiaries. These unaudited interim financial statements do not contain all information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP and, as such, should be read in conjunction with the Dex One Corporation ("Dex One") Annual Report on Form 10-K for the year ended December 31, 2012. The results of operations for the three and nine months endedSeptember 30, 2013 are not indicative of results of operations for the 2013 fiscal year.

The preparation of these financial statements requires management to make estimates and judgments that affect the reported amount of assets and liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities at the date of the financial statements.

In the periods subsequent to filing for bankruptcy on March 18, 2013 and until emergence from bankruptcy on April 30, 2013, Accounting Standards Codification ("ASC") 852 “Reorganizations" ("ASC 852") was applied in preparing the consolidated financial statements of Dex One. ASC 852 requires that the financial statements distinguish transactions and events that are directly associated with the bankruptcy reorganization from the ongoing operations of the business. Accordingly, certain expenses including professional fees, realized gains and losses and provisions for losses that are realized from the reorganization and restructuring process have been classified as reorganization items on the Company's consolidated statements of comprehensive income (loss). 

The Company accounted for the business combination of Dex One and SuperMedia, Inc. ("SuperMedia"), creating Dex Media, using the acquisition method of accounting in accordance with ASC 805 “Business Combinations” (“ASC 805”). The significant accounting policies of both companies were the same and were consistently applied. For additional information regarding the merger and acquisition accounting, see “Bankruptcy Filing and Merger of Dex One and SuperMedia” below and Note 2 to our consolidated financial statements included in this report.

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Financial Statement Presentation

Certain prior period amounts on our consolidated financial statements have been reclassified to conform to current year presentation.

Dex Media will present its deferred revenue and associated unbilled receivables on a net basis on its consolidated balance sheet beginning June 30, 2013. We recognize revenue from print directory advertising ratably over the life of each directory, which is typically twelve months, using the amortization method, with revenue recognition commencing in the month of publication. In the month of publication, equal offsetting amounts are recorded to deferred revenue and unbilled receivables for the full annual contract value. Each month, as our clients are billed, we reduce deferred revenue and unbilled receivables by equal amounts as revenue is recognized on the consolidated statement of comprehensive income (loss) and billed receivables are recognized on the balance sheet. The net total of deferred revenue and unbilled receivables for all clients results in a net deferred revenue position as some clients prepay their account or are billed in advance. Deferred revenue on the balance sheet represents revenue yet to be recognized for those clients who have prepaid their account or have been billed in advance. Our December 31, 2012 consolidated balance sheet has been adjusted to reflect deferred revenue and associated unbilled receivables on a net basis.

Certain expense line items on the consolidated statements of comprehensive income (loss) have been reclassified for 2012 to conform to the current year presentation. Total expenses remain unchanged. The following tables show the reclassifications by expense line item.

	Three Months Ended September 30, 2012
	As Previously Reported		Reclassifications			As Currently Reported
	(in millions)
Selling	$	85	$	(17	)	$	68
Cost of service	70		19			89
General & administrative	33		(2		)	31
Total	$	188	$	—		$	188

	Nine Months Ended September 30, 2012
	As Previously Reported		Reclassifications			As Currently Reported
	(in millions)
Selling	$	270	$	(57	)	$	213
Cost of service	215		57			272
General & administrative	94		—			94
Total	$	579	$	—		$	579

Selling. Selling expense represents the cost to acquire new clients and renew the advertising of existing clients. Selling expense includes the sales and sales support organizations, including base salaries and sales commissions paid to our local sales force, national sales commissions paid to independent certified marketing representatives, sales training, advertising and client care expenses. Sales commissions are amortized over the average life of the directory or advertising service, which is typically twelve months. All other selling costs are expensed as incurred.

Cost of Service. Cost of service represents the cost to fulfill and maintain our advertising services to our clients. Cost of service includes the costs of producing and distributing print directories and online local search services; including publishing operations, paper, printing, distribution, website development, and Internet traffic costs for placement of our clients' information and advertisements on search engine websites with whom we are affiliated. Costs attributable to producing print directories are amortized over the average life of a directory, which is typically twelve months. These costs include the amortization of paper, printing and initial distribution of print directories. All other costs are expensed as incurred.

General and Administrative. General and administrative expense includes corporate management and governance functions, which are comprised of finance, human resources, legal, investor relations, billing and receivables management. In addition,

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general and administrative expense includes bad debt, operating taxes, insurance, stock-based compensation, severance expense, and other general corporate expenses. All general and administrative costs are expensed as incurred.

Bankruptcy Filing and Merger of Dex One and SuperMedia

Merger Agreement

On August 20, 2012, Dex One entered into an Agreement and Plan of Merger (the “Merger Agreement”) with SuperMedia, Newdex Inc. ("Newdex"), and Spruce Acquisition Sub, Inc., a direct wholly owned subsidiary of Newdex (“Merger Sub”) (collectively, the "Merger Entities"). The Merger Agreement provided that, upon the terms and subject to the conditions set forth therein, (i) Dex One would merge with and into Newdex, with Newdex as the surviving entity (the “Dex Merger”) and subsequently, each share of Dex One common stock would convert into 0.2 shares of common stock of Newdex and (ii) immediately following consummation of the Dex Merger, Merger Sub would merge with and into SuperMedia, with SuperMedia as the surviving entity and become a direct wholly owned subsidiary of Newdex (the “SuperMedia Merger” and together with the Dex Merger, the “Mergers”) with each share of SuperMedia common stock converting into 0.4386 shares of common stock of Newdex. As a result of the Mergers, Newdex, as successor to Dex One, was renamed Dex Media, Inc. (“Dex Media”) and became a newly listed company.

On December 5, 2012, the Merger Entities entered into an Amended and Restated Agreement and Plan of Merger (the “Amended and Restated Merger Agreement”), which upheld the basic economic terms and strategic merits of the Mergers included in the original Merger Agreement, and, among other things, (i) delayed the date on which a party may first unilaterally terminate the Amended and Restated Merger Agreement and the Mergers from December 31, 2012 to June 30, 2013 and (ii) provided that if either Dex One or SuperMedia were unable to obtain the requisite consents to the Mergers from its stockholders and to the contemplated amendments to its respective financing agreements from its senior secured lenders to consummate the transactions on an out-of-court basis, the Mergers may be effected through voluntary pre-packaged plans of reorganization under Chapter 11 of Title 11 of the United States Code ("Chapter 11" or the "Bankruptcy Code"). Because neither Dex One nor SuperMedia were able to obtain the requisite unanimous consents to the contemplated amendments to their respective financing agreements to effectuate the Mergers out of court, each of Dex One and SuperMedia and all of their domestic subsidiaries voluntarily filed a pre-packaged bankruptcy under Chapter 11 on March 18, 2013.

Bankruptcy Filing and Emergence

On March 18, 2013, Dex One and all of its subsidiaries filed voluntary bankruptcy petitions in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”) for reorganization under the provisions of the Bankruptcy Code. Concurrently with filing the bankruptcy petitions, Dex One and its subsidiaries filed and requested confirmation of a Joint Prepackaged Chapter 11 Plan (as modified and supplemented, the “Dex One Prepackaged Plan”), seeking to effect the Mergers and related transactions contemplated by the Amended and Restated Merger Agreement. Also on March 18, 2013, SuperMedia and all of its domestic subsidiaries filed separate voluntary bankruptcy petitions in the Bankruptcy Court, seeking approval of SuperMedia's separate prepackaged plan of reorganization (together with the Dex One Prepackaged Plan, the “Prepackaged Plans”).

On April 29, 2013, the Bankruptcy Court held a hearing and entered separate orders confirming the Prepackaged Plans. On April 30, 2013, Dex One and SuperMedia; (1) consummated the Mergers and other transactions contemplated by the Merger Agreement, including (a) the amendment and restatement of SuperMedia's senior secured credit facility, (b) the Dex Merger, (c) the SuperMedia Merger, and (d) the amendment and restatement of the credit facilities of R.H. Donnelley Inc., Dex Media West, Inc., and Dex Media East, Inc.; (2) otherwise effected the transactions contemplated by the Prepackaged Plans; and (3) emerged from Chapter 11 protection. On April 30, 2013, the Company emerged from bankruptcy.

Effective with the emergence from bankruptcy, the Mergers were consummated on April 30, 2013.

Subsequent to the Dex Merger, Dex One stockholders received 0.2 shares of Dex Media common stock for each share of Dex One common stock that they owned, which reflects a 1-for-5 reverse stock split of Dex One common stock. As a result of the reverse stock split of Dex One common stock, all outstanding common stock, and per share amounts contained in the financial statements and related notes have been retroactively adjusted to reflect this reverse stock split for all periods presented. The reverse stock split was effective April 30, 2013. Subsequent to the SuperMedia Merger, SuperMedia stockholders received 0.4386 shares of Dex Media common stock for each share of SuperMedia common stock that they owned.

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Recent Accounting Pronouncements

In February 2013, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2013-02 (“ASU 2013-02”), “Reporting of Amounts Reclassified Out of Accumulated Comprehensive Income,” which amends Accounting Standards Codification ("ASC") 220, “Comprehensive Income.” The amended guidance requires an entity to report the effect of significant reclassifications out of accumulated other comprehensive income on the respective line items in net income if the amount being reclassified is required under U.S. GAAP to be reclassified in its entirety to net income. For other amounts that are not required under U.S. GAAP to be reclassified in their entirety from accumulated other comprehensive income to net income in the same reporting period, an entity is required to cross-reference other disclosures required under U.S. GAAP that provide additional detail about those amounts. ASU 2013-02 is effective for interim and annual periods beginning after December 15, 2012. The Company has adopted the provisions of ASU 2013-02 as required.

In July 2013, the FASB issued ASU No. 2013-11, (“ASU 2013-11”),  “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists” which clarifies that an unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward if such settlement is required or expected in the event the uncertain tax position is disallowed. In situations where a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction or the tax law of the jurisdiction does not require, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. ASU 2013-11 is effective prospectively for fiscal years, and interim periods within those years, beginning after December 15, 2013. Earlier application is permitted. The Company is currently assessing the impact ASU 2013-11 will have on its financial statements.

Advertising Sales and Revenue

Advertising sales is an operating measure, which represents the annual contract value of print directories published and digital contracts sold. It is important to distinguish advertising sales from revenue, which under U.S. GAAP are recognized under the deferral and amortization method. Advertising sales are a leading indicator of revenue recognition and are presented on a combined basis, including both Dex One and SuperMedia, for the three and nine months endedSeptember 30, 2013 and 2012.

We have been experiencing reduced advertising sales and revenue over the past several years driven by reduced advertiser spending, reflecting continued competition from other advertising media (including the Internet, cable television, newspaper and radio). For the three and nine months endedSeptember 30, 2013, net advertising sales declined 15.3% and 15.9% respectively, compared to the same periods in 2012. For the three and nine months endedSeptember 30, 2012, net advertising sales declined 14.9% and 14.7%, respectively, compared to the same periods in 2011. If the factors driving these declines continue, then we will continue to experience declining advertising sales and revenues.

To mitigate the effect of declining advertising sales and revenue, we continue to actively manage expenses and streamline operations to reduce our cost structure.

Results of Operations

The financial information and the discussion below should be read in conjunction with the accompanying consolidated financial statements and notes thereto. Our results for the three and nine months endedSeptember 30, 2013 include the operating results of SuperMedia from May 1, 2013 through September 30, 2013 as a result of our merger, which was consummated on April 30, 2013. In accordance with applicable accounting guidance, the historical operating results of SuperMedia, for April 2013 and prior periods have not been included. Our operating results for any quarter may not be indicative of our operating results in any future period.

Prior to the merger with Dex One, SuperMedia had $386 million of deferred revenue and $122 million of deferred directory costs on its consolidated balance sheet. As a result of acquisition accounting, the fair value of deferred revenue at April 30, 2013 for SuperMedia was determined to have no value, equating to $386 million of revenue that would have been amortized by SuperMedia from May 2013 through April 2014, that will not be recognized by Dex Media. SuperMedia has minimal, if any, remaining performance obligations related to its clients who have previously contracted for advertising, thus, no value was assigned to its deferred revenue. The fair value of deferred directory costs as of April 30, 2013 for SuperMedia was determined to have no value, other than paper held in inventory and prepayments associated with future publications. These costs do not have any future value since SuperMedia has already incurred the costs to produce the clients' advertising and

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does not anticipate to incur any significant additional costs associated with those published directories. This equates to $93 million of cost that would have been amortized by SuperMedia from May 2013 through April 2014, that will not be recognized by Dex Media.

Three Months Ended September 30, 2013 Compared to Three Months Ended September 30, 2012

The following table sets forth our consolidated operating results for the three months ended September 30, 2013 and 2012

Three Months Ended September 30,	2013			2012			Change			% Change
	(in millions, except %)
Operating Revenue	$	397		$	320		$	77		24.1	%
Operating Expenses
Selling	113			68			45			66.2	%
Cost of service (exclusive of depreciation and amortization)	130			89			41			46.1	%
General and administrative	54			31			23			74.2	%
Depreciation and amortization	242			104			138			132.7	%
Total Operating Expenses	539			292			247			84.6	%
Operating Income (Loss)	(142		)	28			(170		)	NM
Interest expense, net	99			47			52			110.6	%
(Loss) Before Provision (Benefit) for Income Taxes	(241		)	(19		)	(222		)	NM
Provision (benefit) for income taxes	(109		)	(6		)	(103		)	NM
Net (Loss)	$	(132	)	$	(13	)	$	(119	)	NM

Operating Revenue

Operating revenue of $397 million for the three months ended September 30, 2013 increased $77 million, or 24.1%, compared to $320 million for the three months ended September 30, 2012. As a result of our merger with SuperMedia effective April 30, 2013, operating revenue of SuperMedia of $132 million for the three months ended September 30, 2013 has been included in our operating revenue, of which none was included for the same period in 2012. This increase was partially offset by a decline in operating revenue due to reduced advertiser spending, reflecting continued competition from other advertising media (including the Internet, cable television, newspaper and radio).

Operating Expense

Operating expense of $539 million for the three months ended September 30, 2013 increased $247 million, or 84.6%, compared to $292 million for the three months ended September 30, 2012. As a result of our merger with SuperMedia effective April 30, 2013, operating expenses of SuperMedia of $199 million (excluding merger related costs) for the three months ended September 30, 2013 have been included in our operating expenses, of which none was included for the same period in 2012. Additionally, increases were driven by the impact of higher amortization expense primarily related to the change in the estimated remaining useful lives of intangible assets related to the existing Dex One intangible assets of $73 million, and $13 million of merger integration costs. These increases were partially offset by expense reductions as described below.

Selling. Selling expense of $113 million for the three months ended September 30, 2013 increased $45 million, or 66.2%, compared to $68 million for the three months ended September 30, 2012. As a result of our merger with SuperMedia effective April 30, 2013, selling expenses of SuperMedia of $57 million for the three months ended September 30, 2013 have been included in our selling expenses, of which none was included for the same period in 2012. This increase was partially offset by decreases in employee related costs and lower sales commissions.

Cost of Service. Cost of service expense of $130 million for the three months ended September 30, 2013 increased $41 million, or 46.1%, compared to $89 million for the three months ended September 30, 2012. As a result of our merger with SuperMedia effective April 30, 2013, cost of service expenses of SuperMedia of $54 million for the three months ended September 30, 2013 have been included in our cost of service expenses, of which none was included for the same period in 2012. In addition, Internet traffic and digital costs increased for the three months ended September 30, 2013, offset by lower printing and distribution costs as a result of lower volumes and lower contract services costs.

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General and Administrative. General and administrative expense of $54 million for the three months ended September 30, 2013 increased $23 million, or 74.2%, compared to $31 million for the three months ended September 30, 2012. As a result of our merger with SuperMedia effective April 30, 2013, general and administrative expenses of SuperMedia of $17 million (excluding merger related costs) for the three months ended September 30, 2013 have been included in our general and administrative expenses, of which none was included for the same period in 2012. Additionally, we incurred $13 million of merger integration costs, which included $9 million of severance costs. These increases in expenses were partially offset by lower employee related costs and merger transaction costs. We incurred merger transaction costs of $2 million for the three months ended September 30, 2013 compared to $4 million for the three months ended September 30, 2012. Bad debt expense was $8 million for both three months ended September 30, 2013 and three months ended September 30, 2012. Bad debt expense as a percent of total operating revenue was 2.0% for the three months ended September 30, 2013, compared to 2.5% for the three months ended September 30, 2012.

Depreciation and Amortization. Depreciation and amortization expense of $242 million for the three months ended September 30, 2013 increased $138 million, or 132.7%, compared to $104 million for the three months ended September 30, 2012. As a result of our merger with SuperMedia effective April 30, 2013, depreciation and amortization expenses of SuperMedia of $71 million (of which $66 million relates to the amortization of intangible assets) for the three months ended September 30, 2013 have been included in our depreciation and amortization expenses, of which none was included for the same period in 2012. Additionally, an increase of $73 million in amortization expense was driven by the impact of higher amortization expense primarily related to the change in the estimated remaining useful lives of intangible assets related to the existing Dex One intangible assets. These increases were partially offset by lower depreciation and amortization expense associated with existing Dex One fixed assets and capitalized software.

Interest Expense, net

Interest expense, net of interest income, of $99 million for the three months ended September 30, 2013 increased $52 million, or 110.6%, compared to $47 million for the three months ended September 30, 2012. As a result of our merger with SuperMedia effective April 30, 2013, interest expense, net of SuperMedia of $58 million (including $17 million of non-cash interest expense associated with the amortization of SuperMedia's debt fair value adjustment) has been included in our interest expense, net for the three months ended September 30, 2013, of which none was included for the same period in 2012. Additionally, interest expense increased due to the impact of the interest rate increases on Dex One's senior secured credit facilities, partially offset by lower interest expense due to lower outstanding debt obligations. Our interest expense for the three months ended September 30, 2013 includes $23 million of non-cash interest expense (including the $17 million related to SuperMedia discussed above) compared to $9 million for the three months ended September 30, 2012. This non-cash interest expense primarily represents the amortization of debt fair value adjustments, payment-in-kind interest associated with our senior subordinated notes and the amortization of deferred financing costs.

Provision (Benefit) for Income Taxes

The Company recorded a provision (benefit) for income taxes of ($109) million for the three months ended September 30, 2013, compared to a provision (benefit) of ($6) million for the three months ended September 30, 2012. For the three months ended September 30, 2013, the effective tax rate of 45.2% is primarily due to lapsing of various uncertain tax positions due to expiration of the statute of limitations in various jurisdictions, partially offset by changes in recorded valuation allowances.

The Company recorded income taxes based on an anticipated annual effective tax rate, including the impact of discrete tax benefits, of approximately 45% for 2013. This estimated annual effective tax rate, inclusive of discrete tax benefits, differs from the statutory rate primarily due to reductions in recorded valuation allowances, lapsing of various uncertain tax positions due to expiration of the statute of limitations in various jurisdictions, reductions in certain deferred tax liabilities and changes in state tax apportionment. Without the reductions in the valuation allowances, lapsing of uncertain tax positions, reductions in certain deferred tax liabilities and changes in state tax apportionment, our anticipated annual effective tax rate, inclusive of discrete items, would approximate 35% for 2013. Our estimated annual effective tax rate for 2013 may be subject to change in future periods.

The annual effective tax rate of 10% for the year ended December 31, 2012 differed from the statutory rate primarily due to changes in recorded valuation allowances, the impact of state income taxes, changes in certain deferred tax liabilities, and the impact of non-deductible interest expense related to our debt obligations.

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Nine Months Ended September 30, 2013 Compared to Nine Months Ended September 30, 2012

The following table sets forth our consolidated operating results for the nine months ended September 30, 2013 and 2012.

Nine Months Ended September 30,	2013			2012			Change			% Change
	(in millions, except %)
Operating Revenue	$	1,030		$	999		$	31		3.1	%
Operating Expenses
Selling	273			213			60			28.2	%
Cost of service (exclusive of depreciation and amortization)	338			272			66			24.3	%
General and administrative	154			94			60			63.8	%
Depreciation and amortization	524			313			211			67.4	%
Total Operating Expenses	1,289			892			397			44.5	%
Operating Income (Loss)	(259		)	107			(366		)	NM
Interest expense, net	221			152			69			45.4	%
Income (Loss) Before Reorganization Items, Gains on Early Extinguishment of Debt and Provision (Benefit) for Income Taxes	(480		)	(45		)	(435		)	NM
Reorganization items	37			—			37			NM
Gains on early extinguishment of debt	—			140			(140		)	(100.0	)%
Income (Loss) Before Provision (Benefit) for Income Taxes	(517		)	95			(612		)	NM
Provision (benefit) for income taxes	(258		)	(3		)	(255		)	NM
Net Income (Loss)	$	(259	)	$	98		$	(357	)	NM

Operating Revenue

Operating revenue of $1,030 million for the nine months ended September 30, 2013 increased $31 million, or 3.1%, compared to $999 million for the nine months ended September 30, 2012. As a result of our merger with SuperMedia effective April 30, 2013, the May 1, 2013 through September 30, 2013 operating revenue of SuperMedia of $193 million has been included in our operating revenue for the nine months ended September 30, 2013, of which none was included for the same period in 2012. This increase was more than offset by a decline in operating revenue due to reduced advertiser spending, reflecting continued competition from other advertising media (including the Internet, cable television, newspaper and radio).

Operating Expense

Operating expense of $1,289 million for the nine months ended September 30, 2013 increased $397 million, or 44.5%, compared to $892 million for the nine months ended September 30, 2012. As a result of our merger with SuperMedia effective April 30, 2013, the May 1, 2013 through September 30, 2013 operating expenses of SuperMedia of $326 million (excluding merger related costs) have been included in our operating expenses for the nine months ended September 30, 2013, of which none was included for the same period in 2012. Additionally, increases were driven by the impact of higher amortization expense primarily related to the change in the estimated remaining useful lives of intangible assets related to the existing Dex One intangible assets of $105 million, $41 million of merger integration costs and $17 million of higher merger transaction costs. These increases were partially offset by expense reductions as described below.

Selling. Selling expense of $273 million for the nine months ended September 30, 2013 increased $60 million, or 28.2%, compared to $213 million for the nine months ended September 30, 2012. As a result of our merger with SuperMedia effective April 30, 2013, the May 1, 2013 through September 30, 2013 selling expenses of SuperMedia of $90 million have been included in our selling expenses for the nine months ended September 30, 2013, of which none was included for the same period in 2012. This increase was partially offset by decreases in employee related costs, lower sales commissions and reduced national advertising.

Cost of Service. Cost of service expense of $338 million for the nine months ended September 30, 2013 increased $66 million, or 24.3%, compared to $272 million for the nine months ended September 30, 2012. As a result of our merger with SuperMedia effective April 30, 2013, the May 1, 2013 through September 30, 2013 cost of service expenses of SuperMedia

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of $91 million have been included in our cost of service expenses for the nine months ended September 30, 2013, of which none was included for the same period in 2012. In addition, Internet traffic and other digital costs increased for the nine months ended September 30, 2013. These increases were partially offset by lower printing and distribution costs as a result of lower volumes, and reduced contract services costs.

General and Administrative. General and administrative expense of $154 million for the nine months ended September 30, 2013 increased $60 million, or 63.8%, compared to $94 million for the nine months ended September 30, 2012. As a result of our merger with SuperMedia effective April 30, 2013, the May 1, 2013 through September 30, 2013 general and administrative expenses of SuperMedia of $26 million (excluding merger related costs) have been included in our general and administrative expenses for the nine months ended September 30, 2013, of which none was included for the same period in 2012. Additionally, we incurred $41 million of merger integration costs, of which included $28 million of severance costs. Also, we incurred merger transaction costs of $21 million for the nine months ended September 30, 2013 compared to $4 million for the nine months ended September 30, 2012. These increases in expenses were partially offset by lower employee related costs and lower bad debt expense. Bad debt expense of $20 million for the nine months ended September 30, 2013 decreased by $9 million, or 31.0%, compared to $29 million for the nine months ended September 30, 2012. Bad debt expense as a percent of total operating revenue was 1.9% for the nine months ended September 30, 2013, compared to 2.9% for the nine months ended September 30, 2012.

Depreciation and Amortization. Depreciation and amortization expense of $524 million for the nine months ended September 30, 2013 increased $211 million, or 67.4%, compared to $313 million for the nine months ended September 30, 2012. As a result of our merger with SuperMedia effective April 30, 2013, the May 1, 2013 through September 30, 2013 depreciation and amortization expenses of SuperMedia of $119 million (of which $110 million relates to the amortization of intangible assets) have been included in our depreciation and amortization expenses for the nine months ended September 30, 2013, of which none was included for the same period in 2012. Additionally, an increase of $105 million in amortization expense was driven by the impact of higher amortization expense primarily related to the change in the estimated remaining useful lives of intangible assets related to the existing Dex One intangible assets. These increases were partially offset by lower depreciation and amortization expense associated with existing Dex One fixed assets and capitalized software.

Interest Expense

Interest expense, net of interest income, of $221 million for the nine months ended September 30, 2013 increased $69 million, or 45.4%, compared to $152 million for the nine months ended September 30, 2012. As a result of our merger with SuperMedia effective April 30, 2013, the May 1, 2013 through September 30, 2013 interest expense, net of SuperMedia of $96 million (including $28 million of non-cash interest expense associated with the amortization of SuperMedia's debt fair value adjustment) has been included in our interest expense, net for the nine months ended September 30, 2013, of which none was included for the same period in 2012. Additionally, interest expense increased due to the impact of the interest rate increases on Dex One's senior secured credit facilities, partially offset by lower interest expense due to lower outstanding debt obligations. Our interest expense for the nine months ended September 30, 2013 includes $47 million of non-cash interest expense (including the $28 million related to SuperMedia discussed above) compared to $32 million for the nine months ended September 30, 2012. This non-cash interest expense primarily represents the amortization of debt fair value adjustments, payment-in-kind interest associated with our senior subordinated notes, and the amortization of deferred financing costs.

Reorganization Items

The Company recorded reorganization items of $37 million for the nine months ended September 30, 2013, including a non-cash write-off of $32 million associated with Dex One's remaining unamortized debt fair value adjustments in March 2013, and $5 million associated with professional fees.

Gains on Early Extinguishment of Debt

The Company recorded non-taxable gains of $140 million related to the early extinguishment of a portion of our senior secured credit facilities for the nine months ended September 30, 2012. On March 23, 2012, the Company utilized $70 million in cash to prepay $142 million of the senior secured credit facilities. This transaction resulted in the Company recording a non-taxable gain of $69 million ($72 million gain offset by $3 million in administrative fees and other adjustments).On April 19, 2012, the Company utilized $26 million in cash to prepay $98 million of the senior subordinated notes. This transaction resulted in the Company recording a non-taxable gain of $71 million ($72 million gain offset by $1 million in administrative fees).

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Provision (Benefit) for Income Taxes

The Company recorded a provision (benefit) for income taxes of ($258) million for the nine months ended September 30, 2013, compared to a provision (benefit) of ($3) million for the nine months ended September 30, 2012. For the nine months ended September 30, 2013, the tax rate of 49.9% is primarily due to lapsing of various uncertain tax positions, the impact of the merger with SuperMedia, which resulted in the availability of deferred tax liabilities to support the future realization of deferred tax assets in certain tax jurisdictions and changes in state tax apportionment.

The Company recorded income taxes based on an anticipated annual effective tax rate, including the impact of discrete tax benefits, of approximately 45% for 2013. This estimated annual effective tax rate, inclusive of discrete tax benefits, differs from the statutory rate primarily due to reductions in recorded valuation allowances, lapsing of various uncertain tax positions due to expiration of the statute of limitations in various jurisdictions, reductions in certain deferred tax liabilities and changes in state tax apportionment. Without the reductions in the valuation allowance, lapsing of uncertain tax positions, reductions in certain deferred tax liabilities and changes in state tax apportionment, our anticipated annual effective tax rate, inclusive of discrete items, would approximate 35% for 2013. Our estimated annual effective tax rate for 2013 may be subject to change in future periods.

The annual effective tax rate of 10% for the year ended December 31, 2012 differed from the statutory rate primarily due to changes in recorded valuation allowances, the impact of state income taxes, changes in certain deferred tax liabilities, and the impact of non-deductible interest expense related to our debt obligations.

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LIQUIDITY AND CAPITAL RESOURCES

Liquidity and Capital Resources

The following table sets forth a summary of cash flows for the nine months ended September 30, 2013 and 2012.

Nine Months Ended September 30,	2013			2012			Change
	(in millions)
Cash Flows Provided By (Used In):
Operating activities	$	250		$	261		$	(11	)
Investing activities	133			(17		)	150
Financing activities	(321		)	(406		)	85
Increase (Decrease) In Cash and Cash Equivalents	$	62		$	(162	)	$	224

Our primary source of funds continues to be cash generated from operations. Net cash provided by operating activities of $250 million for the nine months ended September 30, 2013 decreased $11 million, compared to $261 million for the nine months ended September 30, 2012. As a result of our merger with SuperMedia effective April 30, 2013, the May 1, 2013 through September 30, 2013 net cash provided by operating activities from SuperMedia of $89 million (excluding the cash impact of merger transaction and merger integration costs) have been included in our net cash provided by operating activities for the nine months ended September 30, 2013, of which none was included for the same period in 2012. For the nine months ended September 30, 2013, the Company made cash payments for merger transaction costs of $19 million, merger integration costs of $34 million, and costs associated with our bankruptcy of $5 million. Additionally, lower cash collections, associated with lower revenue and higher interest payments on debt obligations, were partially offset by reduced operating expenditures, and lower cash contributions to the Company's qualified pension plans.

Net cash provided by investing activities of $133 million for the nine months ended September 30, 2013, increased $150 million, compared to net cash used in investing activities of $17 million for the nine months ended September 30, 2012. This increase was driven by $154 million of cash acquired in the acquisition of SuperMedia on April 30, 2013. In addition, the Company incurred $21 million in capital expenditures, including capitalized software for the nine months ended September 30, 2013, compared to $17 million for the nine months ended September 30, 2012.

Net cash used in financing activities of $321 million for the nine months ended September 30, 2013 decreased $85 million compared to $406 million for the nine months ended September 30, 2012. Net cash used in financing activities for the nine months ended September 30, 2013 and 2012 primarily represents the repayment of debt principal.

For the nine months ended September 30, 2013, the Company made mandatory and accelerated principal payments on its senior secured credit facilities at par of $210 million and $111 million, respectively, for total debt principal payments of $321 million. Accelerated principal payments consist of prepayments of cash flow sweep requirements under our senior secured credit facilities.

For the nine months ended September 30, 2012, the Company made debt principal payments of $401 million, which reduced the Company's debt obligations by $545 million. On March 23, 2012, the Company utilized $70 million in cash to prepay $142 million of the senior secured credit facilities. This transaction resulted in the Company recording a non-taxable gain of $69 million ($72 million gain offset by $3 million in administrative fees and other adjustments).On April 19, 2012, the Company utilized $26 million in cash to prepay $98 million of the senior subordinated notes. This transaction resulted in the Company recording a non-taxable gain of $71 million ($72 million gain offset by $1 million in administrative fees). For the nine months ended September 30, 2012, the Company also made debt principal payments, at par, of $305 million.

We believe the net cash provided by our operating activities and existing cash and cash equivalents will provide sufficient resources to meet our working capital requirements, estimated principal and interest debt service requirements and other cash needs for the remainder of 2013.

Debt Obligations

Senior Secured Credit Facilities

In connection with the consummation of the Prepackaged Plans and the merger between Dex One and SuperMedia, on April

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30, 2013, Dex Media entered into an amended and restated loan agreement for SuperMedia and three amended and restated loan agreements for each of Dex Media East, Inc. (“ DME”), Dex Media West, Inc. (“ DMW”) and R.H. Donnelley Inc. (“ RHDI ”) (collectively, the "senior secured credit facilities"), with named financial institutions and JPMorgan Chase Bank, N.A. as administrative agent and collateral agent under the SuperMedia, DME and DMW senior secured credit facilities, and Deutsche Bank Trust Company Americas as administrative agent and collateral agent under the RHDI senior secured credit facility.  The administrative agents and financial institutions were the administrative agents and the lenders under Dex One's and SuperMedia's pre-existing senior secured credit facilities. Please refer to the Dex One Annual Report on Form 10-K and the SuperMedia Annual Report on Form 10-K for the year ended December 31, 2012 for detailed information regarding the terms and conditions of Dex One and SuperMedia debt obligations prior to the merger.

SuperMedia Senior Secured Credit Facility

The SuperMedia senior secured credit facility interest is paid (1) with respect to any base rate loan, quarterly, and (2) with respect to any Eurodollar loan, on the last day of the interest period applicable to such borrowing, at SuperMedia's option, at either:

• With respect to base rate loans, the highest (subject to a floor of 4.00%) of (1) the prime rate, (2) the federal funds effective rate plus 0.50%, or (3) adjusted London Inter-Bank Offered Rate ("LIBOR") plus 1.00%, plus an interest rate margin of 7.60%, or

• With respect to Eurodollar loans, the higher of (1) adjusted LIBOR or (2) 3.00%, plus an interest rate margin of 8.60%. SuperMedia may elect interest periods of one, two or three months for Eurodollar borrowings.

RHDI Senior Secured Credit Facility

The RHDI senior secured credit facility interest is paid (1) with respect to any base rate loan, quarterly, and (2) with respect to any Eurodollar loan, on the last day of the interest period applicable to such borrowing (with certain exceptions for interest periods of more than three months), at RHDI's option, at either:

• With respect to base rate loans, the highest (subject to a floor of 4.00%) of (1) the prime rate, (2) the federal funds effective rate plus 0.50%, or (3) adjusted LIBOR plus 1.00%, plus an interest rate margin of 5.75%, or

• With respect to Eurodollar loans, the higher of (1) adjusted LIBOR or (2) 3.00%, plus an interest rate margin of 6.75%. RHDI may elect interest periods of one, two, three or six months for Eurodollar borrowings.

DME Senior Secured Facility

The DME senior secured credit facility interest is paid (1) with respect to any base rate loan, quarterly, and (2) with respect to any Eurodollar loan, on the last day of the interest period applicable to such borrowing (with certain exceptions for interest periods of more than three months), at DME's option, at either:

• With respect to base rate loans, the highest (subject to a floor of 4.00%) of (1) the prime rate, (2) the federal funds effective rate plus 0.50%, or (3) adjusted LIBOR plus 1.00%, plus an interest rate margin of 2.00%, or

• With respect to Eurodollar loans, the higher of (1) adjusted LIBOR or (2) 3.00%, plus an interest rate margin of 3.00%. DME may elect interest periods of one, two, three or six months for Eurodollar borrowings.

DMW Senior Secured Credit Facility

The DMW senior secured credit facility interest is paid (1) with respect to any base rate loan, quarterly, and (2) with respect to any Eurodollar loan, on the last day of the interest period applicable to such borrowing (with certain exceptions for interest periods of more than three months), at DMW's option, at either:

• With respect to base rate loans, the highest (subject to a floor of 4.00%) of (1) the prime rate, (2) the federal funds effective rate, plus 0.50%, or (3) adjusted LIBOR, plus 1.00%, plus an interest rate margin of 4.00%, or

• With respect to Eurodollar loans, the higher of (1) adjusted LIBOR or (2) 3.00%, plus an interest rate margin of 5.00%. DMW may elect interest periods of one, two, three or six months for Eurodollar borrowings.

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Senior Subordinated Notes

The Company's senior subordinated notes require interest payments, payable semi-annually on March 31 and September 30 of each year. The senior subordinated notes accrue interest at 12% for cash interest payments and 14% for payments-in-kind ("PIK") interest. PIK interest represents additional indebtedness and increases the aggregate principal amount owed. The Company is required to make interest payments of 50% in cash and 50% in PIK interest until maturity of the senior secured credit facilities on December 31, 2016. For the semi-annual interest period ending March 31, 2013 and September 30, 2013, the Company made interest payments of 50% in cash and 50% in PIK interest resulting in the issuance of an additional $16 million of senior subordinated notes. The Company is restricted from making open market repurchases of its senior subordinated notes until maturity of the senior secured credit facilities on December 31, 2016.

Principal Payment Terms for Senior Secured Credit Facilities

The Company has mandatory debt principal payments due after each quarter prior to the December 31, 2016 maturity date on its outstanding senior secured credit facilities. RHDI, DME and DMW are required to pay scheduled amortization payments, plus additional prepayments at par equal to each borrower's respective Excess Cash Flow ("ECF"), multiplied by the applicable ECF Sweep Percentage as defined in the respective senior secured credit facility (60% for RHDI, 50% for DMW, and 70% in 2013 and 2014 and 60% in 2015 and 2016 for DME). SuperMedia is required to make prepayments at par in an amount equal to 67.5% of any increase in Available Cash, as defined in its senior secured credit facility. 

In addition to these principal payments, the Company may on one or more occasions use another portion of the increase in ECF or Available Cash, as applicable to repurchase debt at market prices ("Voluntary Prepayments") at a discount of face value, as defined in the respective senior secured credit facility (12.5% for SuperMedia, 20% for RHDI, 30% for DMW, and 15% in 2013 and 2014 and 20% in 2015 and 2016 for DME) as determined following the end of each quarter. These Voluntary Prepayments must be made within 180 days after the date on which financial statements are delivered to the administrative agents. If a borrower does not make such Voluntary Prepayments within the 180-day period, the Company must make a prepayment at par at the end of the quarter during which such 180-day period expires.  

Any remaining portion of ECF or Available Cash, may be used at the Company's discretion, subject to certain restrictions specified in each senior secured credit facility agreement.

Contractual Obligations

There have been no material changes in our contractual obligations from those disclosed in our Quarterly Report on Form

10-Q for the quarter ended June 30, 2013. For additional information related to the Company's outstanding debt obligations, see Note 8 to the financial statements included in this Quarterly Report on Form 10-Q under Item 1.

Recent Accounting Pronouncements

In February 2013, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2013-02 (“ASU 2013-02”), “Reporting of Amounts Reclassified Out of Accumulated Comprehensive Income,” which amends Accounting Standards Codification ("ASC") 220, “Comprehensive Income.” The amended guidance requires an entity to report the effect of significant reclassifications out of accumulated other comprehensive income on the respective line items in net income if the amount being reclassified is required under U.S. GAAP to be reclassified in its entirety to net income. For other amounts that are not required under U.S. GAAP to be reclassified in their entirety from accumulated other comprehensive income to net income in the same reporting period, an entity is required to cross-reference other disclosures required under U.S. GAAP that provide additional detail about those amounts. ASU 2013-02 is effective for interim and annual periods beginning after December 15, 2012. The Company has adopted the provisions of ASU 2013-02 as required.

In July 2013, the FASB issued ASU No. 2013-11, (“ASU 2013-11”),  “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists” which clarifies that an unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward if such settlement is required or expected in the event the uncertain tax position is disallowed. In situations where a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction or the tax law of the jurisdiction does not require, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. ASU 2013-11 is effective prospectively for fiscal years, and interim periods within

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those years, beginning after December 15, 2013. Earlier application is permitted. The Company is currently assessing the impact ASU 2013-11 will have on its financial statements.

Critical Accounting Policies

There were no material changes to our critical accounting policies and estimates since December 31, 2012. For additional information on critical accounting policies, see Summary of Significant Accounting Policies in Note 2 of the notes to consolidated financial statements in the Annual Report on Form 10-K for the year ended December 31, 2012 filed by Dex One Corporation.

Off-Balance Sheet Arrangements

The Company does not have any off-balance sheet arrangements.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

Interest Rate Risk

The Company's senior secured credit facilities have floating interest rates, if certain market interest rates exceed specified floors. A sensitivity analysis was performed to demonstrate the impact that a 12.5 basis point increase or decrease in the interest rate associated with the Company's debt obligations would have on interest expense, yielding an increase or decrease to interest expense of approximately $3 million for the nine months ended September 30, 2013. For additional information related to the Company's debt obligation and interest rates, see "Debt Obligations" above.

Item 4. Controls and Procedures

(a) Evaluation of Disclosure Controls and Procedures

Management conducted an evaluation, under the supervision and with the participation of the Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of the Company’s disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended) as of September 30, 2013. Based on that evaluation, the Chief Executive Officer and Chief Financial Officer concluded that such disclosure controls and procedures are effective and sufficient to ensure that information required to be disclosed by the Company in reports that it files or submits under the Securities Act of 1934 is recorded, processed, summarized and reported within the time periods specific in the Securities Exchange Commission's rules and forms. In addition, based on that evaluation, the Chief Executive Officer and Chief Financial Officer concluded that such disclosure controls and procedures are effective and sufficient to ensure that information required to be disclosed by the Company in reports that it files or submits under the Securities Act of 1934 is accumulated and communicated to management, including the Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosure.

(b) Changes in Internal Controls Over Financial Reporting

During the quarter ended June 30, 2013, we acquired SuperMedia. As of September 30, 2013 our company has not yet completed an evaluation of the effectiveness of internal controls over financial reporting for SuperMedia, which will not be in scope in 2013.

Other than the item described above, there have been no significant changes in the Company’s internal controls over financial reporting that materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial reporting.

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PART II. OTHER INFORMATION

Item 1. Legal Proceedings

The Company is subject to various lawsuits and other claims in the normal course of business. In addition, from time to time, the Company receives communications from government or regulatory agencies concerning investigations or allegations of noncompliance with laws or regulations in jurisdictions in which the Company operates.

The Company establishes reserves for the estimated losses on specific contingent liabilities, for regulatory and legal actions where the Company deems a loss to be probable and the amount of the loss can be reasonably estimated. In other instances, the Company is not able to make a reasonable estimate of liability because of the uncertainties related to the outcome or the amount or range of potential loss. The Company does not expect that the ultimate resolution of pending regulatory and legal matters in future periods, including the matters described below will have a material adverse effect on its statements of comprehensive income (loss).

On April 30, 2009, May 21, 2009, and June 5, 2009, three separate putative class action securities lawsuits were filed in the U.S. District Court for the Northern District of Texas, Dallas Division, against certain officers of SuperMedia Inc., formerly Idearc Inc. (but not against the Company or its subsidiaries). The suits were filed by Jan Buettgen, John Heffner, and Alan Goldberg as three separate named plaintiffs on behalf of purchasers of the Company's common stock between August 10, 2007 and March 31, 2009, inclusive. On May 22, 2009, a putative class action securities lawsuit was filed in the U.S. District Court for the Eastern District of Arkansas against two of the Company's current officers (but not against the Company or its subsidiaries). The suit was filed by Wade L. Jones on behalf of purchasers of the Company's bonds between March 27, 2008 and March 30, 2009, inclusive. On August 18, 2009, the Wade Jones case from Arkansas federal district court was transferred to be consolidated with the cases filed in Texas. The complaints are virtually identical and generally allege that the defendants violated federal securities laws by issuing false and misleading statements regarding the Company's financial performance and condition. Specifically, the complaints allege violations by the defendants of Section 10(b) of the Securities Exchange Act of 1934, as amended (“Exchange Act”), Rule 10b-5 under the Exchange Act and Section 20 of the Exchange Act. The plaintiffs were seeking unspecified compensatory damages and reimbursement for litigation expenses. Since the filing of the complaints, all four cases have been consolidated into one court in the Northern District of Texas and a lead plaintiff and lead plaintiffs' attorney have been selected (“Buettgen” case). On April 12, 2010, the Company filed a motion to dismiss the entire Buettgen complaint. On August 11, 2010, in a one line order without an opinion, the court denied the Company's motion to dismiss. On May 19, 2011, the court granted the plaintiffs' motion certifying a class. Subsequently, the Fifth Circuit Court of Appeals denied the Company's petition for an interlocutory appeal of the class certification order. On September 24, 2012, the Company defendants filed a motion for summary judgment seeking a complete dismissal which was denied on February 20, 2013. The parties entered into a tentative settlement of the matter on April 1, 2013. The Court has preliminarily approved the settlement and set a fairness hearing for November 12, 2013. The Company's insurance carriers have fully funded the settlement pursuant to the Court's order preliminarily approving the settlement.

On April 20, 2009, a lawsuit was filed in the district court of Tarrant County, Texas, against certain officers and directors of SuperMedia Inc., formerly Idearc Inc. (but not against the Company or its subsidiaries) on behalf of Jack B. Corwin as Trustee of The Jack B. Corwin Revocable Trust, and Charitable Remainder Stewardship Company of Nevada, and as Trustee of the Jack B. Corwin 2006 Charitable Remainder Unitrust (the “Corwin” case). The Corwin case generally alleges that at various times in 2008 and 2009, the named Company officers and directors made false and misleading representations, or failed to state material facts, which made their statements misleading regarding the Company's financial performance and condition. The suit brings fraud and negligent misrepresentation claims and alleges violations of the Texas Securities Act and Section 27 of the Texas Business Commerce Code. The plaintiffs seek unspecified compensatory damages, exemplary damages, and reimbursement for litigation expenses. On June 3, 2009, the plaintiffs filed an amended complaint with the same allegations adding two additional Company directors as party defendants. On June 10, 2010, the court in the Buettgen case granted the Company's motion staying discovery in the Corwin case pursuant to the provisions of the Private Securities Litigation Reform Act. Several of the Company defendants have filed motions for summary judgment claiming that there is no evidence of any wrongdoing elicited during the discovery phase which have been set for hearing. The Company awaits an order of the Court. The Company plans to honor its indemnification obligations and vigorously defend the lawsuit on the defendants' behalf.

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On November 25, 2009, three former Bell retirees brought a putative class action lawsuit in the U.S. District Court for the Northern District of Texas, Dallas Division, against both the employee benefits committee and pension plans of Verizon and the employee benefits committee (“EBC”) and pension plans of SuperMedia Inc., formerly Idearc Inc.  All three named plaintiffs are receiving the single life monthly annuity pension benefits. All complain that Verizon transferred them against their will from the Verizon pension plans to the Company pension plans at or near the Company's spin-off from Verizon.  The complaint alleges that both the Verizon and Company defendants failed to provide requested plan documents, which would entitle the plaintiffs to statutory penalties under the Employee Retirement Income Securities Act (“ERISA”); that both the Verizon and Company defendants breached their fiduciary duty for refusal to disclose pension plan information; and other class action counts aimed solely at the Verizon defendants. The plaintiffs seek class action status, statutory penalties, damages and a reversal of the employee transfers.  The Company defendants filed their motion to dismiss the entire complaint on March 10, 2010. On October 18, 2010, the court ruled on the pending motion dismissing all the claims against the Company pension plans and all of the claims against the Company's EBC relating to the production of documents and statutory penalties for failure to produce same. The only claims that remained against the Company were procedural ERISA claims against the Company's EBC. On November 1, 2010, the Company's EBC filed its answer to the complaint. On November 4, 2010, the Company's EBC filed a motion to dismiss one of the two remaining procedural ERISA claims against the EBC. Pursuant to an agreed order, the plaintiffs have obtained class certification against the Verizon defendants and discovery has commenced. After obtaining permission from the court, the plaintiffs filed another amendment to the complaint, alleging a new count against the Company's EBC. The Company's EBC filed another motion to dismiss the amended complaint and have filed a summary judgment motion before the deadline set by the scheduling order. On March 26, 2012, the court denied the Company's EBC's motion to dismiss. On September 16, 2013, the court granted the defendants’ summary judgments, denied the plaintiffs’ summary judgment, and entered a take nothing judgment in favor of the Company EBC. The time for plaintiffs to file an appeal has not yet run. The Company plans to honor its indemnification obligations and vigorously defend the lawsuit on the defendants' behalf.

On December 10, 2009, a former employee with a history of litigation against SuperMedia Inc., formerly Idearc Inc. filed a putative class action lawsuit in the U.S. District Court for the Northern District of Texas, Dallas Division, against certain of the Company's current and former officers, directors and members of the Company's EBC. The complaint attempts to recover alleged losses to the various savings plans that were allegedly caused by the breach of fiduciary duties in violation of ERISA by the defendants in administrating the plans from November 17, 2006 to March 31, 2009. The complaint alleges that: (i) the defendants wrongfully allowed all the plans to invest in Idearc common stock, (ii) the defendants made material misrepresentations regarding the Company's financial performance and condition, (iii) the defendants had divided loyalties, (iv) the defendants mismanaged the plan assets, and (v) certain defendants breached their duty to monitor and inform the EBC of required disclosures. The plaintiffs are seeking unspecified compensatory damages and reimbursement for litigation expenses. At this time, a class has not been certified. The plaintiffs have filed a consolidated complaint. The Company filed a motion to dismiss the entire complaint on June 22, 2010. On March 16, 2011, the court granted the Company defendants' motion to dismiss the entire complaint; however, the plaintiffs have repleaded their complaint. The Company defendants have filed another motion to dismiss the new complaint. On March 15, 2012, the court granted the Company defendants' second motion dismissing the case with prejudice. The plaintiffs have appealed the dismissal and briefing in the 5th Circuit U.S. Court of Appeals has been completed. On July 9, 2013, the 5th U.S. Circuit Court of Appeals issued a decision affirming the dismissal of the trial court. On July 23, 2013, plaintiffs filed a Petition to the 5th U.S. Circuit Court of Appeals for a rehearing en banc which has been denied. The time for filing further appeals has not yet run. The Company plans to honor its indemnification obligations and vigorously defend the lawsuit on the defendants' behalf.

On July 23, 2010, a patent holder sued Dex One and several other IYP publishers for infringement of its so-called “474 Patent” in the U.S. District Court, Eastern District of Texas. The Plaintiff claims that the Company and other IYP publishers have provided or used systems or provided services that infringe the 474 Patent. The complaint against the Company seeks damages arising from the infringement and an injunction against further infringement of the 474 Patent. The Company completed preliminary document production and filed its invalidity contentions on June 30, 2011. In August 2012, the Court issued a coordinated scheduling order applicable to all the defendants. Under the order, the claim construction hearing was scheduled for January 24, 2013. In February 2013, the Court issued its claim construction order. On October 29, 2013, the Company settled this matter.

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On July 1, 2011, several former employees filed a Fair Labor Standards Act (“FLSA”) collective action against SuperMedia Inc., formerly Idearc Inc., all its subsidiaries, the current chief executive officer and the former chief executive officer in the U.S. District Court, Northern District of Texas, Dallas Division. The complaint alleges that the Company improperly calculated the rate of pay when it paid overtime to its hourly sales employees. On July 29, 2011, the Company filed a motion to dismiss the complaint. In response, the plaintiffs amended their complaint to allege that the individual defendants had “off-the-clock” claims for unpaid overtime. Subsequently, the Company amended its motion to dismiss in light of the new allegations. On October 25, 2011, the Plaintiffs filed a motion to conditionally certify a collective action and to issue notice. On March 29, 2012, the court denied the Company's motion to dismiss and granted the plaintiffs' motion to conditionally certify the class. The Company's motion seeking permission to file an interlocutory appeal of the order was denied and a notice has been sent to the Company's former and current employees. The time for opting into the class has expired. The plaintiffs that failed to file their opt-ins on time have filed a companion case with the same allegations.

On June 26, 2012, SuperMedia filed a class action in the U.S. District Court for the Northern District of Texas, Dallas Division where the Company seeks a declaratory judgment concerning the Company's right to enact several amendments that were recently made to its retiree health and welfare benefit plans, and more generally the Company's right to modify, amend or terminate these plans. Several of the defendants have filed motions to dismiss as well as a counterclaim. The Company has filed a motion to dismiss the counterclaim. On August 8, 2013, the court granted several of the defendants' motion to dismiss and dismissed the defendants’ counterclaim. The Company and the remaining defendants are preparing a scheduling order to file with the court.

On March 29, 2013, a former unsecured note holder that was impacted by the bankruptcy of SuperMedia Inc., formerly Idearc Inc., in 2009, filed a notice and summons against Verizon Communications and the former chief financial officer ("CFO") of the Company in the Supreme Court of the State of New York, New York County. The filing alleges that Verizon improperly formed the Company prior to the spin-off by not having the requisite number of directors under Delaware law. The plaintiff alleges that since the Company was improperly formed, the former CFO did not have the authority to execute the note on behalf of the Company and accordingly both Verizon and the former CFO are liable for the unpaid principal and interest when the notes were impacted by the bankruptcy. The Company plans to honor its indemnification obligation and vigorously defend the lawsuit on the defendant's behalf.

Item 1A. Risk Factors

There have been no material changes in our risk factors from those disclosed in Part I - Item 1A to the Annual Report on Form 10-K for the year ended December 31, 2012 of Dex One Corporation, as updated in the Quarterly Report on Form 10-Q for the quarter ended June 30, 2013. The risk factors disclosed in the Annual Report on Form 10-K for the year ended December 31, 2012 filed by Dex One Corporation, as updated in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2013, in addition to other information set forth in this Quarterly Report on Form 10-Q could materially affect our business, financial condition and operating results. Additional risks and uncertainties not currently known to us or that we currently deem immaterial also may materially adversely affect our business, financial condition or results.

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Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

The following table provides information regarding shares acquired from employees during the three months ended September 30, 2013 as payment to satisfy minimum tax withholding obligations in connection with the vesting of restricted stock awarded to employees pursuant to the Dex One Equity Incentive Plan.

Period	Total Number of Shares Purchased	Average Price Paid Per Share		Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs	Maximum Number of Shares That May Yet Be Purchased Under the Plans or Programs
July 1, 2013 - July 31, 2013	—	$	—	—	—
August 1, 2013 - August 31, 2013	—	—		—	—
September 1, 2013 - September 30, 2013	539	9.81		—	—
Total	539	$	9.81	—	—

The Company does not have an active share repurchase program.

Item 3. Defaults Upon Senior Securities

The filing of the Chapter 11 Cases on March 18, 2013, triggered an event of default that rendered the remaining financial obligations under the Dex One senior subordinated notes and senior secured credit facilities automatically and immediately due and payable. However, any attempt to enforce our financial obligations under the Dex One senior subordinated notes and senior secured credit facilities was stayed as a result of the filing of the Chapter 11 Cases in the Bankruptcy Court and during the pendency of the Chapter 11 Cases. Our plan of reorganization was confirmed by the United States Bankruptcy Court for the District of Delaware on April 29, 2013, and our defaults under the indenture governing the Dex One senior subordinated notes and under the credit agreements governing our senior secured credit facilities were cured upon such confirmation.

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Item 6. Exhibits

Exhibit No.	Document
3.1	Amended and Restated Certificate of Incorporation of Dex Media, Inc., (incorporated by reference to Exhibit 3.1 to the Registrant's Current Report on Form 8-K, filed May 3, 2013).
3.2	Amended and Restated Bylaws of Dex Media, Inc.(incorporated by reference to Exhibit 3.2 to the Registrant's Current Report on Form 8-K, filed May 3, 2013)
3.3	Certificate of Change of Registered Agent and Registered Office of Dex Media, Inc. (filed herewith).
10.1*	Dex Media, Inc. Equity Incentive Plan (formerly known as the Dex One Corporation Equity Incentive Plan) (incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K filed on September 11, 2013).
10.2*	Dex Media, Inc. Amended and Restated Long-Term Incentive Plan (incorporated by reference to Exhibit 10.2 to the Registrant’s Current Report on Form 8-K filed on September 11, 2013).
10.3*	Form of Dex Media, Inc. Amended and Restated Long-Term Incentive Plan Restricted Stock Award Agreement (incorporated by reference to Exhibit 10.3 to the Registrant’s Current Report on Form 8-K filed on September 11, 2013).
10.4*	Form of Dex Media, Inc. Amended and Restated Long-Term Incentive Plan Non-Qualified Stock Option Agreement (incorporated by reference to Exhibit 10.4 to the Registrant’s Current Report on Form 8-K filed on September 11, 2013).
10.5*	Form of Dex Media, Inc. Equity Incentive Plan Restricted Stock Award Agreement (incorporated by reference to Exhibit 10.5 to the Registrant’s Current Report on Form 8-K filed on September 11, 2013).
10.6*	Form of Dex Media, Inc. Equity Incentive Plan Non-Qualified Stock Option Agreement (incorporated by reference to Exhibit 10.6 to the Registrant’s Current Report on Form 8-K filed on September 11, 2013).
10.7*	Dex Media, Inc. 2013-2015 Cash Long-Term Incentive Plan (filed herewith).
31.1	Certification of Peter J. McDonald filed pursuit to section 302 of the Sarbanes-Oxley Act of 2002 (filed herewith).
31.2	Certification of Samuel D. Jones filed pursuit to section 302 of the Sarbanes-Oxley Act of 2002 (filed herewith).
32.1	Certification of Peter J. McDonald and Samuel D. Jones filed pursuit to 18 U.S.C. Section 1350, as adopted pursuit to Section 906 of the Sarbanes-Oxley Act of 2002 (filed herewith).
101.INS**	XBRL Instance Document
101.SCH**	XBRL Taxonomy Extension Schema Document
101.CAL**	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF**	XBRL Taxonomy Extension Definition Linkbase Document
101.LAB**	XBRL Taxonomy Extension Label Linkbase Document
101.PRE**	XBRL Taxonomy Extension Presentation Linkbase Document

*Management contract, compensatory plan or arrangement.

**These exhibits are furnished herewith. In accordance with Rule 406T of Regulation S-T, these exhibits are not deemed to be filed or part of a registration statement or prospectus for purposes of Section 11 or 12 of the Securities Act of 1933, as amended, are not deemed to be filed for purposes of Section 18 of the Securities Act of 1934 as amended and otherwise are not subject to liability under these sections.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

			DEX MEDIA, INC.
Date:	November 6, 2013	By:	/s/ Peter J. McDonald
			Peter J. McDonald Chief Executive Officer
			(Principal Executive Officer)
			/s/ Samuel D. Jones
			Samuel D. Jones Chief Financial Officer and Treasurer
			(Principal Financial and Accounting Officer)

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Exhibit Index

Exhibit No.	Document
3.1	Amended and Restated Certificate of Incorporation of Dex Media, Inc., (incorporated by reference to Exhibit 3.1 to the Registrant's Current Report on Form 8-K, filed May 3, 2013).
3.2	Amended and Restated Bylaws of Dex Media, Inc.(incorporated by reference to Exhibit 3.2 to the Registrant's Current Report on Form 8-K, filed May 3, 2013)
3.3	Certificate of Change of Registered Agent and Registered Office of Dex Media, Inc. (filed herewith).
10.1*	Dex Media, Inc. Equity Incentive Plan (formerly known as the Dex One Corporation Equity Incentive Plan) (incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K filed on September 11, 2013).
10.2*	Dex Media, Inc. Amended and Restated Long-Term Incentive Plan (incorporated by reference to Exhibit 10.2 to the Registrant’s Current Report on Form 8-K filed on September 11, 2013).
10.3*	Form of Dex Media, Inc. Amended and Restated Long-Term Incentive Plan Restricted Stock Award Agreement (incorporated by reference to Exhibit 10.3 to the Registrant’s Current Report on Form 8-K filed on September 11, 2013).
10.4*	Form of Dex Media, Inc. Amended and Restated Long-Term Incentive Plan Non-Qualified Stock Option Agreement (incorporated by reference to Exhibit 10.4 to the Registrant’s Current Report on Form 8-K filed on September 11, 2013).
10.5*	Form of Dex Media, Inc. Equity Incentive Plan Restricted Stock Award Agreement (incorporated by reference to Exhibit 10.5 to the Registrant’s Current Report on Form 8-K filed on September 11, 2013).
10.6*	Form of Dex Media, Inc. Equity Incentive Plan Non-Qualified Stock Option Agreement (incorporated by reference to Exhibit 10.6 to the Registrant’s Current Report on Form 8-K filed on September 11, 2013).
10.7*	Dex Media, Inc. 2013-2015 Cash Long-Term Incentive Plan (filed herewith).
31.1	Certification of Peter J. McDonald filed pursuit to section 302 of the Sarbanes-Oxley Act of 2002 (filed herewith).
31.2	Certification of Samuel D. Jones filed pursuit to section 302 of the Sarbanes-Oxley Act of 2002 (filed herewith).
32.1	Certification of Peter J. McDonald and Samuel D. Jones filed pursuit to 18 U.S.C. Section 1350, as adopted pursuit to Section 906 of the Sarbanes-Oxley Act of 2002 (filed herewith).
101.INS**	XBRL Instance Document
101.SCH**	XBRL Taxonomy Extension Schema Document
101.CAL**	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF**	XBRL Taxonomy Extension Definition Linkbase Document
101.LAB**	XBRL Taxonomy Extension Label Linkbase Document
101.PRE**	XBRL Taxonomy Extension Presentation Linkbase Document

*Management contract, compensatory plan or arrangement.

**These exhibits are furnished herewith. In accordance with Rule 406T of Regulation S-T, these exhibits are not deemed to be filed or part of a registration statement or prospectus for purposes of Section 11 or 12 of the Securities Act of 1933, as amended, are not deemed to be filed for purposes of Section 18 of the Securities Act of 1934 as amended and otherwise are not subject to liability under these sections.

______________________

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EX-3.3

STATE OF DELAWARE

CERTIFICATE OF CHANGE OF REGISTERED AGENT

AND REGISTERED OFFICE

The corporation organized and existing under the General Corporation Law of the State of Delaware hereby certifies as follows:

1.    The name of the corporation is Dex Media, Inc. (the “Corporation”).

2.    The Registered Office of the Corporation in the State of Delaware is changed to Corporation Trust Center, 1209 Orange Street, Wilmington, New Castle County, Delaware 19801. The name of the Registered Agent at such address upon whom process against this Corporation may be served is The Corporation Trust Company.

3.    The change to the registered agent and office was adopted by a resolution of the Board of Directors of the Corporation, on October 30, 2013.

DATED this 30^th day of October, 2013.

By: /s/ Raymond R. Ferrell            

Raymond R. Ferrell, Authorized Officer

DELAWARE CERTIFICATE OF CHANGE OF REGISTERED AGENT AND REGISTERED OFFICE

EX-10.7

DEX MEDIA, INC.2013-2015 CASH LONG-TERM INCENTIVE PLAN

(As Adopted September 5, 2013)

DEX MEDIA, INC.2013-2015 CASH LONG-TERM INCENTIVE PLAN

ARTICLE IESTABLISHMENT

The Company hereby establishes the Dex Media, Inc. 2013-2015 Cash Long-Term Incentive Plan”, as set forth in this document. The Plan permits the grant of Cash-Based Awards. The Plan is effective as of September 5, 2013 (the “Effective Date”).

ARTICLE IIDEFINITIONS

Each word and phrase defined in this Article shall have the meaning set out below throughout the Plan, unless the context in which any such word or phrase appears reasonably requires a broader, narrower or different meaning.

2.1“Affiliate” means any corporation, partnership, limited liability company or association, trust or other entity or organization which, directly or indirectly, controls, is controlled by, or is under common control with, the Company. For purposes of the preceding sentence, “control” (including, with correlative meanings, the terms “controlled by” and “under common control with”), as used with respect to any entity or organization, shall mean the possession, directly or indirectly, of the power (a) to vote more than fifty percent (50%) of the securities having ordinary voting power for the election of directors or comparable individuals of the controlled entity or organization, or (b) to direct or cause the direction of the management and policies of the controlled entity or organization, whether through the ownership of voting securities or by contract or otherwise.

2.2“Award” means a Cash-Based Award.

2.3“Board” means the board of directors of the Company.

2.4“Cash-Based Award” means an award granted pursuant to Article IV to an individual who is then an Employee.

2.5“Cause” shall have the meaning ascribed to that term in the SuperMedia Inc. Executive Transition Plan.

2.6“Change in Control of the Company” shall have the meaning ascribed to that term in the Dex Media, Inc. Amended and Restated Long-Term Incentive Plan.

2.7“Code” means the United States Internal Revenue Code of 1986, as amended from time to time.

2.8“Committee” means the Compensation and Benefits Committee of the Board of Directors of the Company.

2.9“Company” means Dex Media, Inc., or any successor (by reincorporation, merger or otherwise).

2.10“Disability” shall have the meaning ascribed to that term in the Dex Media, Inc. Amended and Restated Long-Term Incentive Plan.

2.11“Effective Date” shall have the meaning ascribed to that term in Section 1.1.

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2.12“Employee” means a common law employee of the Company or any Affiliate.

2.13“Fiscal Year” means the calendar year.

2.14“Good Reason” shall have the meaning ascribed to that term in the SuperMedia Inc. Executive Transition Plan.

2.15“Measurement Period” means a 12-month period, or such shorter period designated by the Committee, ending on each of December 31, 2013, December 31, 2014, and December 31, 2015.

2.16“Participant” means a person who has been selected by the Committee to participate in the Plan.

2.17“Plan” means the Dex Media, Inc. 2013-2015 Cash Long-Term Incentive Plan, as set forth in this document as it may be amended from time to time.

2.18“Section 409A” means section 409A of the Code and the regulations and other guidance promulgated by the United States Department of Treasury or the United States Internal Revenue Service under section 409A of the Code, or any successor statute.

2.19“Separation from Service” shall have the meaning ascribed to that term in Section 409A.

2.22    “Specified Employee” shall have the meaning ascribed to that term in Section 409A.

ARTICLE IIIELIGIBILITY

Employees who are selected by the Committee are eligible to participate in the Plan.

ARTICLE IVCASH-BASED AWARDS

4.1Authority to Grant Cash-Based Awards. Subject to the terms and provisions of the Plan, the Committee, at any time, and from time to time, may grant Cash-Based Awards under the Plan to Employees in such amounts and upon such terms as the Committee shall determine. Such Awards shall be set forth in the manner determined by the Committee.

4.2Value of Cash-Based Award. The Committee shall establish the amount of a Participant’s Cash-Based Award in its sole discretion.

4.3Terms of the Cash-Based Award. Under a Cash-Based Award, a Participant has the opportunity to earn an incentive cash payment based upon the achievement of the performance goals established by the Committee for each of the Measurement Periods, as compared with the target performance goals established by the Committee for the applicable Measurement Period. Except as specified in Section 4.6, a Participant shall not be paid any amount for a Measurement Period unless the Participant is employed by the Company or an Affiliate on the payment date for the applicable Measurement Period set forth in Section 4.4.

4.4Payment of Cash-Based Award. Except as specified in Section 4.6, amounts, if any, payable under a Cash-Based Award shall be paid as follows:

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a.    Amounts payable with respect to the Measurement Period ending on December 31, 2013 shall be paid on December 31, 2014.

b.    Amounts payable with respect to the Measurement Period ending on December 31, 2014 shall be paid on December 31, 2015.

c.    Amounts payable with respect to the Measurement Period ending on December 31, 2015 shall be paid on December 31, 2016.

4.5Termination of Employment Not in Connection with a Change in Control of the Company. Except as specified in Section 4.6, if a Participant’s employment with the Company and its Affiliates terminates on or before the payment of all or any portion of the Cash-Based Award, all of the Participant’s rights under the Plan will lapse and be completely forfeited on the date of the Participant’s termination of employment with the Company.

4.6Change in Control of the Company.

a.    Upon the occurrence of a Change in Control of the Company, performance goals for the Measurement Period in effect on the date of the Change in Control of the Company would be deemed to be achieved at the target level established by the Committee for each Participant who is employed by the Company or its Affiliate on the date of the Change in Control of the Company. Amounts payable with respect to Measurement Periods that have not commenced on the date of the Change in Control of the Company would be forfeited.

Except as specified in Section 4.6(b) and (c), amounts payable to a Participant pursuant to this Section 4.6(a) shall be paid to the Participants on (i) the applicable payment date set forth in Section 4.4 if the Participant is still an Employee on such payment date or (ii) the date of the Participant’s Separation from Service if the Participant is not a Specified Employee, or the date that is six months following the date of the Participant’s Separation from Service if the Participant is a Specified Employee, if the Participant’s employment with the Company and its Affiliates is terminated before such payment date.

b.    If a Participant’s employment with the Company and its Affiliates is terminated without Cause or for Good Reason within six months prior to a Change in Control of the Company, the Participant shall be paid an amount equal to the amount the Participant would have received for the Measurement Period in effect on the date of the Change in Control of the Company had all of the performance goals for such Measurement Period been achieved at the target level established by the Committee. If the Participant is not a Specified Employee, such amount shall be paid to the Participant on the date of the Participant’s Separation from Service. If the Participant is a Specified Employee, such amount shall be paid to the Participant on the date that is six months following the date of the Participant’s Separation from Service.

c.    If a Participant’s employment with the Company and its Affiliates is terminated without Cause or for Good Reason within two years following a Change in Control of the Company, all amounts payable to the Participant with respect to Measurement Periods that were completed prior to the year in which the Participant’s termination of employment occurs that have not been paid to the Participant shall be paid to the Participant on the date of the Participant’s Separation from Service if the Participant is not a Specified Employee, or on the date that is six months following the date of the Participant’s Separation from Service if the Participant is a Specified Employee.

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ARTICLE VADMINISTRATION

5.1Awards. The Plan shall be administered by the Committee. The members of the Committee shall serve at the discretion of the Board. The Committee shall have full and exclusive power and authority to administer the Plan and to take all actions that the Plan expressly contemplates or are necessary or appropriate in connection with the administration of the Plan with respect to Awards granted under the Plan.

5.2Authority of the Committee.

a.    The Committee shall have full and exclusive power to interpret and apply the terms and provisions of the Plan, and to adopt such rules, regulations and guidelines for implementing the Plan as the Committee may deem necessary or proper, all of which powers shall be exercised in the best interests of the Company and in keeping with the objectives of the Plan. A majority of the members of the Committee shall constitute a quorum for the transaction of business relating to the Plan or Awards made under the Plan, and the vote of a majority of those members present at any meeting shall decide any question brought before that meeting. Any decision or determination reduced to writing and signed by a majority of the members shall be as effective as if it had been made by a majority vote at a meeting properly called and held. All questions of interpretation and application of the Plan, or as to Awards granted under the Plan, shall be subject to the determination, which shall be final and binding, of a majority of the whole Committee. No member of the Committee shall be liable for any act or omission of any other member of the Committee or for any act or omission on his or her own part, including but not limited to the exercise of any power or discretion given to him or her under the Plan, except those resulting from his or her own willful misconduct. In carrying out its authority under the Plan, the Committee shall have full and final authority and discretion, including but not limited to the following rights, powers and authorities to: (i) determine the persons to whom and the time or times at which Awards will be made; (ii) determine the number and exercise price of shares of Stock covered in each Award subject to the terms and provisions of the Plan; (iii) determine the terms, provisions and conditions of each Award, which need not be identical and need not match the default terms set forth in the Plan; (iv) accelerate the time at which any outstanding Award will vest; (v) prescribe, amend and rescind rules and regulations relating to administration of the Plan; and (vi) make all other determinations and take all other actions deemed necessary, appropriate or advisable for the proper administration of the Plan.

b.    The Committee may correct any defect or supply any omission or reconcile any inconsistency in the Plan or in any Award to a Holder in the manner and to the extent the Committee deems necessary or desirable to further the Plan’s objectives. Further, the Committee shall make all other determinations that may be necessary or advisable for the administration of the Plan. As permitted by law and the terms and provisions of the Plan, the Committee may delegate to one or more of its members or to one or more officers of the Company, or its Affiliates or to one or more agents or advisors such administrative duties or powers as it may deem advisable, and the Committee or any person to whom it has delegated duties or powers as aforesaid may employ one or more persons to render advice with respect to any responsibility the Committee or such person may have under the Plan. The Committee may, by resolution, authorize one or more officers of the Company to do one or more of the following on the same basis as can the Committee: (a) designate Employees to be recipients of Awards and (b) determine the size of any such Awards; provided, however, (i) the Committee shall not delegate such responsibilities to any such officer for Awards granted to an Employee who is, on the relevant date, an executive officer as determined by the Board in accordance with Section 16 of the Securities and Exchange Act of 1934, as amended; (ii) the resolution providing such authorization sets forth the total number of Awards such officer(s) may grant; and (iii) the officer(s) shall report periodically to the Committee regarding the nature and scope of the Awards granted pursuant to the

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authority delegated. The Committee may employ attorneys, consultants, accountants, agents, and other persons, any of whom may be an Employee, and the Committee, the Company, and its officers and Board shall be entitled to rely upon the advice, opinions, or valuations of any such person.

5.3Decisions Binding. All determinations and decisions made by the Committee or the Board, as the case may be, pursuant to the provisions of the Plan and all related orders and resolutions of the Committee or the Board, as the case may be, shall be final, conclusive and binding on all persons, including the Company, its Affiliates, its stockholders, Participants and the estates and beneficiaries of Participants.

5.4No Liability. Under no circumstances shall the Company, its Affiliates, the Board or the Committee incur liability for any indirect, incidental, consequential or special damages (including lost profits) of any form incurred by any person, whether or not foreseeable and regardless of the form of the act in which such a claim may be brought, with respect to the Plan or the Company’s, its Affiliates’, the Committee’s or the Board’s roles in connection with the Plan.

ARTICLE VIAMENDMENT OR TERMINATION OF PLAN

The Board may, at any time and from time to time, alter, amend, modify, suspend, or terminate the Plan and the Committee may, at any time and from time to time, alter, amend, modify, suspend, or terminate any Award in whole or in part.

ARTICLE VIIMISCELLANEOUS

7.1Unfunded Plan/No Establishment of a Trust Fund. Participants shall have no right, title, or interest whatsoever in or to any investments that the Company or any of its Affiliates may make to aid in meeting obligations under the Plan. Nothing contained in the Plan, and no action taken pursuant to its provisions, shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Company and any Participant, beneficiary, legal representative, or any other person. To the extent that any person acquires a right to receive payments from the Company under the Plan, such right shall be no greater than the right of an unsecured general creditor of the Company. All payments to be made hereunder shall be paid from the general funds of the Company and no special or separate fund shall be established and no segregation of assets shall be made to assure payment of such amounts, except as expressly set forth in the Plan. No property shall be set aside nor shall a trust fund of any kind be established to secure the rights of any Holder under the Plan. The Plan is not intended to be subject to the Employee Retirement Income Security Act of 1974, as amended.

7.2No Employment Obligation. The granting of any Award shall not constitute an employment or service contract, express or implied, and shall not impose upon the Company or any Affiliate any obligation to employ or continue to employ, or to utilize or continue to utilize the services of, any Participant. The right of the Company or any Affiliate to terminate the employment of, or the provision of services by, any person shall not be diminished or affected by reason of the fact that an Award has been granted to him, and nothing in the Plan or an Award shall interfere with or limit in any way the right of the Company or its Affiliates to terminate Participant’s employment at any time or for any reason not prohibited by law.

7.3Tax Withholding. To the extent that any payment pursuant to this Plan results in income, wages or other compensation to a Participant for any income, employment or other tax purposes with respect to which the Company or its Affiliates have a withholding obligation under federal, state or local law, the Company is authorized

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to withhold from any such payment under this Plan any tax required to be withheld by reason of such taxable income, wages or compensation sufficient to satisfy the withholding obligation.

7.4Gender and Number. If the context requires, words of one gender when used in the Plan shall include the other and words used in the singular or plural shall include the other.

7.5Severability.In the event any provision of the Plan shall be held illegal or invalid for any reason, the illegality or invalidity shall not affect the remaining parts of the Plan, and the Plan shall be construed and enforced as if the illegal or invalid provision had not been included.

7.6Headings. Headings of Articles and Sections are included for convenience of reference only and do not constitute part of the Plan and shall not be used in construing the terms and provisions of the Plan.

7.7Governing Law. The provisions of the Plan and the rights of all persons claiming thereunder shall be construed, administered and governed under the laws of the State of Texas, excluding any conflicts or choice of law rule or principle that might otherwise refer construction or interpretation of the Plan to the substantive law of another jurisdiction. Recipients of an Award under the Plan are deemed to submit to the sole and exclusive jurisdiction and venue of the federal or state courts of the State of Texas to resolve any and all issues that may arise out of or relate to the Plan or any related Award.

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EX-31.1

CERTIFICATION Exhibit 31.1

I, Peter J. McDonald, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of Dex Media Corporation;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date:	November 6, 2013	By:	/s/ Peter J. McDonald
			Peter J. McDonald
			Chief Executive Officer
			(Principal Executive Officer)

EX-31.2

CERTIFICATION Exhibit 31.2

I, Samuel D. Jones, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of Dex Media Corporation;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date:	November 6, 2013	By:	/s/ Samuel D. Jones
			Samuel D. Jones
			Chief Financial Officer and Treasurer
			(Principal Financial and Accounting Officer)

EX-32.1

Exhibit 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report on Form 10-Q of Dex Media Corporation for the period ended September 30, 2013 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), each of the undersigned officers hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to such officer's knowledge:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of Dex One Corporation as of the dates and for the periods expressed in the Report.

/s/ Peter J. McDonald	/s/ Samuel D. Jones
Peter J. McDonald	Samuel D. Jones
Chief Executive Officer	Chief Financial Officer and Treasurer
(Principal Executive Officer)	(Principal Financial and Accounting Officer)
November 6, 2013	November 6, 2013

The foregoing certification is being furnished solely pursuant to 18 U.S.C. Section 1350 and is not being filed as part of the Report or as a separate disclosure document.

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Legal Proceedings

9 Months Ended

Sep. 30, 2013

Loss Contingency [Abstract]

Legal Proceedings

Legal Proceedings

The Company is subject to various lawsuits and other claims in the normal course of business. In addition, from time to time, the Company receives communications from government or regulatory agencies concerning investigations or allegations of noncompliance with laws or regulations in jurisdictions in which the Company operates.

The Company establishes reserves for the estimated losses on specific contingent liabilities, for regulatory and legal actions where the Company deems a loss to be probable and the amount of the loss can be reasonably estimated. In other instances, the Company is not able to make a reasonable estimate of liability because of the uncertainties related to the outcome or the amount or range of potential loss. The Company does not expect that the ultimate resolution of pending regulatory and legal matters in future periods, including the matters described below will have a material adverse effect on its statements of comprehensive income (loss).

On April 30, 2009, May 21, 2009, and June 5, 2009, three separate putative class action securities lawsuits were filed in the U.S. District Court for the Northern District of Texas, Dallas Division, against certain officers of SuperMedia Inc., formerly Idearc Inc. (but not against the Company or its subsidiaries). The suits were filed by Jan Buettgen, John Heffner, and Alan Goldberg as three separate named plaintiffs on behalf of purchasers of the Company's common stock between August 10, 2007 and March 31, 2009, inclusive. On May 22, 2009, a putative class action securities lawsuit was filed in the U.S. District Court for the Eastern District of Arkansas against two of the Company's current officers (but not against the Company or its subsidiaries). The suit was filed by Wade L. Jones on behalf of purchasers of the Company's bonds between March 27, 2008 and March 30, 2009, inclusive. On August 18, 2009, the Wade Jones case from Arkansas federal district court was transferred to be consolidated with the cases filed in Texas. The complaints are virtually identical and generally allege that the defendants violated federal securities laws by issuing false and misleading statements regarding the Company's financial performance and condition. Specifically, the complaints allege violations by the defendants of Section 10(b) of the Securities Exchange Act of 1934, as amended (“Exchange Act”), Rule 10b-5 under the Exchange Act and Section 20 of the Exchange Act. The plaintiffs were seeking unspecified compensatory damages and reimbursement for litigation expenses. Since the filing of the complaints, all four cases have been consolidated into one court in the Northern District of Texas and a lead plaintiff and lead plaintiffs' attorney have been selected (“Buettgen” case). On April 12, 2010, the Company filed a motion to dismiss the entire Buettgen complaint. On August 11, 2010, in a one line order without an opinion, the court denied the Company's motion to dismiss. On May 19, 2011, the court granted the plaintiffs' motion certifying a class. Subsequently, the Fifth Circuit Court of Appeals denied the Company's petition for an interlocutory appeal of the class certification order. On September 24, 2012, the Company defendants filed a motion for summary judgment seeking a complete dismissal which was denied on February 20, 2013. The parties entered into a tentative settlement of the matter on April 1, 2013. The Court has preliminarily approved the settlement and set a fairness hearing for November 12, 2013. The Company's insurance carriers have fully funded the settlement pursuant to the Court's order preliminarily approving the settlement.

On April 20, 2009, a lawsuit was filed in the district court of Tarrant County, Texas, against certain officers and directors of SuperMedia Inc., formerly Idearc Inc. (but not against the Company or its subsidiaries) on behalf of Jack B. Corwin as Trustee of The Jack B. Corwin Revocable Trust, and Charitable Remainder Stewardship Company of Nevada, and as Trustee of the Jack B. Corwin 2006 Charitable Remainder Unitrust (the “Corwin” case). The Corwin case generally alleges that at various times in 2008 and 2009, the named Company officers and directors made false and misleading representations, or failed to state material facts, which made their statements misleading regarding the Company's financial performance and condition. The suit brings fraud and negligent misrepresentation claims and alleges violations of the Texas Securities Act and Section 27 of the Texas Business Commerce Code. The plaintiffs seek unspecified compensatory damages, exemplary damages, and reimbursement for litigation expenses. On June 3, 2009, the plaintiffs filed an amended complaint with the same allegations adding two additional Company directors as party defendants. On June 10, 2010, the court in the Buettgen case granted the Company's motion staying discovery in the Corwin case pursuant to the provisions of the Private Securities Litigation Reform Act. Several of the Company defendants have filed motions for summary judgment claiming that there is no evidence of any wrongdoing elicited during the discovery phase which have been set for hearing. The Company awaits an order of the Court. The Company plans to honor its indemnification obligations and vigorously defend the lawsuit on the defendants' behalf.

On November 25, 2009, three former Bell retirees brought a putative class action lawsuit in the U.S. District Court for the Northern District of Texas, Dallas Division, against both the employee benefits committee and pension plans of Verizon and the employee benefits committee (“EBC”) and pension plans of SuperMedia Inc., formerly Idearc Inc.  All three named plaintiffs are receiving the single life monthly annuity pension benefits. All complain that Verizon transferred them against their will from the Verizon pension plans to the Company pension plans at or near the Company's spin-off from Verizon.  The complaint alleges that both the Verizon and Company defendants failed to provide requested plan documents, which would entitle the plaintiffs to statutory penalties under the Employee Retirement Income Securities Act (“ERISA”); that both the Verizon and Company defendants breached their fiduciary duty for refusal to disclose pension plan information; and other class action counts aimed solely at the Verizon defendants. The plaintiffs seek class action status, statutory penalties, damages and a reversal of the employee transfers.  The Company defendants filed their motion to dismiss the entire complaint on March 10, 2010. On October 18, 2010, the court ruled on the pending motion dismissing all the claims against the Company pension plans and all of the claims against the Company's EBC relating to the production of documents and statutory penalties for failure to produce same. The only claims that remained against the Company were procedural ERISA claims against the Company's EBC. On November 1, 2010, the Company's EBC filed its answer to the complaint. On November 4, 2010, the Company's EBC filed a motion to dismiss one of the two remaining procedural ERISA claims against the EBC. Pursuant to an agreed order, the plaintiffs have obtained class certification against the Verizon defendants and discovery has commenced. After obtaining permission from the court, the plaintiffs filed another amendment to the complaint, alleging a new count against the Company's EBC. The Company's EBC filed another motion to dismiss the amended complaint and have filed a summary judgment motion before the deadline set by the scheduling order. On March 26, 2012, the court denied the Company's EBC's motion to dismiss. On September 16, 2013, the court granted the defendants’ summary judgments, denied the plaintiffs’ summary judgment, and entered a take nothing judgment in favor of the Company EBC. The time for plaintiffs to file an appeal has not yet run. The Company plans to honor its indemnification obligations and vigorously defend the lawsuit on the defendants' behalf.

On December 10, 2009, a former employee with a history of litigation against SuperMedia Inc., formerly Idearc Inc. filed a putative class action lawsuit in the U.S. District Court for the Northern District of Texas, Dallas Division, against certain of the Company's current and former officers, directors and members of the Company's EBC. The complaint attempts to recover alleged losses to the various savings plans that were allegedly caused by the breach of fiduciary duties in violation of ERISA by the defendants in administrating the plans from November 17, 2006 to March 31, 2009. The complaint alleges that: (i) the defendants wrongfully allowed all the plans to invest in Idearc common stock, (ii) the defendants made material misrepresentations regarding the Company's financial performance and condition, (iii) the defendants had divided loyalties, (iv) the defendants mismanaged the plan assets, and (v) certain defendants breached their duty to monitor and inform the EBC of required disclosures. The plaintiffs are seeking unspecified compensatory damages and reimbursement for litigation expenses. At this time, a class has not been certified. The plaintiffs have filed a consolidated complaint. The Company filed a motion to dismiss the entire complaint on June 22, 2010. On March 16, 2011, the court granted the Company defendants' motion to dismiss the entire complaint; however, the plaintiffs have repleaded their complaint. The Company defendants have filed another motion to dismiss the new complaint. On March 15, 2012, the court granted the Company defendants' second motion dismissing the case with prejudice. The plaintiffs have appealed the dismissal and briefing in the 5th Circuit U.S. Court of Appeals has been completed. On July 9, 2013, the 5th U.S. Circuit Court of Appeals issued a decision affirming the dismissal of the trial court. On July 23, 2013, plaintiffs filed a Petition to the 5th U.S. Circuit Court of Appeals for a rehearing en banc which has been denied. The time for filing further appeals has not yet run. The Company plans to honor its indemnification obligations and vigorously defend the lawsuit on the defendants' behalf.

On July 23, 2010, a patent holder sued Dex One and several other IYP publishers for infringement of its so-called “474 Patent” in the U.S. District Court, Eastern District of Texas. The Plaintiff claims that the Company and other IYP publishers have provided or used systems or provided services that infringe the 474 Patent. The complaint against the Company seeks damages arising from the infringement and an injunction against further infringement of the 474 Patent. The Company completed preliminary document production and filed its invalidity contentions on June 30, 2011. In August 2012, the Court issued a coordinated scheduling order applicable to all the defendants. Under the order, the claim construction hearing was scheduled for January 24, 2013. In February 2013, the Court issued its claim construction order. On October 29, 2013, the Company settled this matter.

On July 1, 2011, several former employees filed a Fair Labor Standards Act (“FLSA”) collective action against SuperMedia Inc., formerly Idearc Inc., all its subsidiaries, the current chief executive officer and the former chief executive officer in the U.S. District Court, Northern District of Texas, Dallas Division. The complaint alleges that the Company improperly calculated the rate of pay when it paid overtime to its hourly sales employees. On July 29, 2011, the Company filed a motion to dismiss the complaint. In response, the plaintiffs amended their complaint to allege that the individual defendants had “off-the-clock” claims for unpaid overtime. Subsequently, the Company amended its motion to dismiss in light of the new allegations. On October 25, 2011, the Plaintiffs filed a motion to conditionally certify a collective action and to issue notice. On March 29, 2012, the court denied the Company's motion to dismiss and granted the plaintiffs' motion to conditionally certify the class. The Company's motion seeking permission to file an interlocutory appeal of the order was denied and a notice has been sent to the Company's former and current employees. The time for opting into the class has expired. The plaintiffs that failed to file their opt-ins on time have filed a companion case with the same allegations.

On June 26, 2012, SuperMedia filed a class action in the U.S. District Court for the Northern District of Texas, Dallas Division where the Company seeks a declaratory judgment concerning the Company's right to enact several amendments that were recently made to its retiree health and welfare benefit plans, and more generally the Company's right to modify, amend or terminate these plans. Several of the defendants have filed motions to dismiss as well as a counterclaim. The Company has filed a motion to dismiss the counterclaim. On August 8, 2013, the court granted several of the defendants' motion to dismiss and dismissed the defendants’ counterclaim. The Company and the remaining defendants are preparing a scheduling order to file with the court.

On March 29, 2013, a former unsecured note holder that was impacted by the bankruptcy of SuperMedia Inc., formerly Idearc Inc., in 2009, filed a notice and summons against Verizon Communications and the former chief financial officer ("CFO") of the Company in the Supreme Court of the State of New York, New York County. The filing alleges that Verizon improperly formed the Company prior to the spin-off by not having the requisite number of directors under Delaware law. The plaintiff alleges that since the Company was improperly formed, the former CFO did not have the authority to execute the note on behalf of the Company and accordingly both Verizon and the former CFO are liable for the unpaid principal and interest when the notes were impacted by the bankruptcy. The Company plans to honor its indemnification obligation and vigorously defend the lawsuit on the defendant's behalf.

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Consolidated Balance Sheets (Unaudited) (Parenthetical) (USD $) In Millions, except Share data, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Statement of Financial Position [Abstract]
Accounts receivable, allowances (in dollars)	$ 23	$ 20
Shareholders' Equity (Deficit)
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	300,000,000	300,000,000
Common stock, shares issued (in shares)	17,597,675	10,176,988
Common stock, shares outstanding (in shares)	17,597,675	10,176,988

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Reorganization Items

9 Months Ended

Sep. 30, 2013

Reorganizations [Abstract]

Reorganization Items

Reorganizations Items

In accordance with ASC 852, reorganization items represent charges that are directly associated with the process of reorganizing the business under Chapter 11 of the Bankruptcy Code. For the three and nine months ended September 30, 2013, the Company recorded less than $1 million and $37 million, respectively, of reorganization items on the consolidated statements of comprehensive income (loss). The following table sets forth the details of reorganization items for the three and nine months ended September 30, 2013.

	Three Months Ended September 30, 2013		Nine Months Ended September 30, 2013
	(in millions)
Write-off of remaining unamortized debt fair value adjustment	$	—	$	32
Professional fees	—		5
Total reorganization items	$	—	$	37

In conjunction with Dex One's adoption of fresh start accounting, after bankruptcy emergence on February 1, 2010, an adjustment was recorded to reflect Dex One's outstanding debt obligations at their fair value. A total discount of $120 million was recorded and was amortized as an increase to interest expense, until our filing for bankruptcy on March 18, 2013, to effectuate the merger.

The write-off of remaining unamortized debt fair value adjustment is associated with Dex One's debt obligations, which were classified as liabilities subject to compromise at March 31, 2013. ASC 852 specifies that when debt classified as liabilities subject to compromise is an allowed claim, and the allowed claim differs from the net carrying amount of the debt, the carrying amount shall be adjusted to the amount of the allowed claim. The gain or loss resulting from this adjustment shall be recognized as reorganization items. Based on our plan of reorganization and approved first-day motions of the Bankruptcy Court, the allowed debt holder claims equaled the outstanding face value of debt obligations and excluded the unamortized debt fair value adjustment associated with Dex One's debt obligations. Therefore, we recognized the remaining unamortized debt fair value adjustment as a reorganization item during the nine months ended September 30, 2013, which resulted in the adjustment of the carrying amount of Dex One's debt obligations to their face value.

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Additional Financial Information (Tables)

9 Months Ended

Sep. 30, 2013

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Depreciation and amortization

The following tables set forth the components of the Company's depreciation and amortization expense for the three and nine months endedSeptember 30, 2013, and 2012.

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
	(in millions)
Amortization of intangible assets	$	226	$	87	$	477	$	262
Amortization of capitalized software	11		13		33		39
Depreciation of fixed assets	5		4		14		12
Total depreciation and amortization	$	242	$	104	$	524	$	313

Schedule of comprehensive income adjustments for pension and post-employment benefits

The following tables set forth the components of the Company's comprehensive income (loss) adjustments for pension and other post-employment benefits for the three and nine months endedSeptember 30, 2013, and 2012.

	Three Months Ended September 30,
	2013									2012
	Gross			Taxes			Net			Gross		Taxes		Net
	(in millions)
Net (loss)							$	(132	)					$	(13	)
Adjustments for pension and other post-employment benefits:
Accumulated actuarial losses of benefit plans	$	(7	)	$	3		(4		)	$	—	$	—	—
Reclassifications included in net (loss):
Amortization of actuarial losses	1			(1		)	—			—		—		—
Total reclassifications included in net (loss)	1			(1		)	—			—		—		—
Adjustments for pension and other post-employment benefits	$	(6	)	$	2		(4		)	$	—	$	—	—
Total comprehensive (loss)							$	(136	)					$	(13	)

	Nine Months Ended September 30,
	2013									2012
	Gross			Taxes			Net			Gross			Taxes			Net
	(in millions)
Net income (loss)							$	(259	)							$	98
Adjustments for pension and other post-employment benefits:
Accumulated actuarial losses of benefit plans	$	(18	)	$	7		(11		)	$	(2	)	$	1		(1		)
Reclassifications included in net income (loss):
Amortization of actuarial losses	2			(1		)	1			—			—			—
Settlement losses	—			—			—			2			(1		)	1
Total reclassifications included in net income (loss)	2			(1		)	1			2			(1		)	1
Adjustments for pension and other post-employment benefits	$	(16	)	$	6		(10		)	$	—		$	—		—
Total comprehensive income (loss)							$	(269	)							$	98

Schedule of accumulated other comprehensive income

The following table sets forth the balance of the Company's accumulated other comprehensive (loss). All balances in accumulated other comprehensive (loss) are related to pension and other post-employment benefits.

	Gross			Taxes		Net
	(in millions)
Accumulated other comprehensive (loss) - December 31, 2012	$	(47	)	$	3	$	(44	)
Adjustments for pension and other post-employment benefits, net of amortization	(16		)	6		(10		)
Accumulated other comprehensive (loss) - September 30, 2013	$	(63	)	$	9	$	(54	)

Schedule of additional information on the Company's accounts payable and accrued liabilities

The following table sets forth additional financial information related to the Company's accounts payable and accrued liabilities at September 30, 2013 and December 31, 2012.

	At September 30, 2013		At December 31, 2012
	(in millions)
Accounts payable	$	23	$	14
Accrued salaries and wages	71		32
Accrued taxes	21		5
Accrued expenses	43		37
Customer refunds, advance payments and other	19		7
Total accounts payable and accrued liabilities	$	177	$	95

Schedule of carrying amount and fair value for total debt obligations

The following table sets forth the carrying amount and fair value of the Company's total debt obligations at September 30, 2013 and at December 31, 2012.

	At September 30, 2013				At December 31, 2012
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
	(in millions)
Senior secured credit facilities
SuperMedia Inc.	$	1,023	$	1,049	$	—	$	—
R.H. Donnelly Inc.	708		515		776		528
Dex Media East, Inc.	455		345		516		360
Dex Media West, Inc.	429		357		498		369
Senior subordinated notes	236		155		220		73
Total debt obligations	$	2,851	$	2,421	$	2,010	$	1,330

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Business and Basis of Presentation (Policies)

9 Months Ended

Sep. 30, 2013

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Presentation

Basis of Presentation

The Company prepares its financial statements in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”). Pursuant to the rules and regulations of the United States Securities and Exchange Commission (“SEC”), the accompanying unaudited consolidated financial statements contain all adjustments, consisting of normal recurring items and accruals, necessary to fairly present the financial position, results of operations and cash flows of Dex Media and its subsidiaries. These unaudited interim financial statements do not contain all information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP and, as such, should be read in conjunction with the Dex One Corporation ("Dex One") Annual Report on Form 10-K for the year ended December 31, 2012. The results of operations for the three and nine months endedSeptember 30, 2013 are not indicative of results of operations for the 2013 fiscal year.

The preparation of these financial statements requires management to make estimates and judgments that affect the reported amount of assets and liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities at the date of the financial statements.

In the periods subsequent to filing for bankruptcy on March 18, 2013 and until emergence from bankruptcy on April 30, 2013, Accounting Standards Codification ("ASC") 852 “Reorganizations" ("ASC 852") was applied in preparing the consolidated financial statements of Dex One. ASC 852 requires that the financial statements distinguish transactions and events that are directly associated with the bankruptcy reorganization from the ongoing operations of the business. Accordingly, certain expenses including professional fees, realized gains and losses and provisions for losses that are realized from the reorganization and restructuring process have been classified as reorganization items on the Company's consolidated statements of comprehensive income (loss). 

The Company accounted for the business combination of Dex One and SuperMedia, Inc. ("SuperMedia"), creating Dex Media, using the acquisition method of accounting in accordance with ASC 805 “Business Combinations” (“ASC 805”). For additional information regarding the merger and acquisition accounting, see “Bankruptcy Filing and Merger of Dex One and SuperMedia” below and Note 2.

Financial Statement Presentation

Certain prior period amounts on our consolidated financial statements have been reclassified to conform to current year presentation.

Dex Media will present its deferred revenue and associated unbilled receivables on a net basis on its consolidated balance sheet beginning June 30, 2013. We recognize revenue from print directory advertising ratably over the life of each directory, which is typically twelve months, using the amortization method, with revenue recognition commencing in the month of publication. In the month of publication, equal offsetting amounts are recorded to deferred revenue and unbilled receivables for the full annual contract value. Each month, as our clients are billed, we reduce deferred revenue and unbilled receivables by equal amounts as revenue is recognized on the consolidated statement of comprehensive income (loss) and billed receivables are recognized on the consolidated balance sheet. The net total of deferred revenue and unbilled receivables for all clients results in a net deferred revenue position as some clients prepay their account or are billed in advance. Deferred revenue on the consolidated balance sheet represents revenue yet to be recognized for those clients who have prepaid their account or have been billed in advance. Our December 31, 2012 consolidated balance sheet has been adjusted to reflect deferred revenue and associated unbilled receivables on a net basis.

Selling, General and Administrative

General and Administrative. General and administrative expense includes corporate management and governance functions, which are comprised of finance, human resources, legal, investor relations, billing and receivables management. In addition, general and administrative expense includes bad debt, operating taxes, insurance, stock-based compensation, severance expense, and other general corporate expenses. All general and administrative costs are expensed as incurred.

Selling. Selling expense represents the cost to acquire new clients and renew the advertising of existing clients. Selling expense includes the sales and sales support organizations, including base salaries and sales commissions paid to our local sales force, national sales commissions paid to independent certified marketing representatives, sales training, advertising and client care expenses. Sales commissions are amortized over the average life of the directory or advertising service, which is typically twelve months. All other selling costs are expensed as incurred.

Cost of Service

Cost of Service. Cost of service represents the cost to fulfill and maintain our advertising services to our clients. Cost of service includes the costs of producing and distributing print directories and online local search services; including publishing operations, paper, printing, distribution, website development, and Internet traffic costs for placement of our clients' information and advertisements on search engine websites with whom we are affiliated. Costs attributable to producing print directories are amortized over the average life of a directory, which is typically twelve months. These costs include the amortization of paper, printing and initial distribution of print directories. All other costs are expensed as incurred.

Recent Accounting Pronouncements

Recent Accounting Pronouncements

In February 2013, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2013-02 (“ASU 2013-02”), “Reporting of Amounts Reclassified Out of Accumulated Comprehensive Income,” which amends Accounting Standards Codification ("ASC") 220, “Comprehensive Income.” The amended guidance requires an entity to report the effect of significant reclassifications out of accumulated other comprehensive income on the respective line items in net income if the amount being reclassified is required under U.S. GAAP to be reclassified in its entirety to net income. For other amounts that are not required under U.S. GAAP to be reclassified in their entirety from accumulated other comprehensive income to net income in the same reporting period, an entity is required to cross-reference other disclosures required under U.S. GAAP that provide additional detail about those amounts. ASU 2013-02 is effective for interim and annual periods beginning after December 15, 2012. The Company has adopted the provisions of ASU 2013-02 as required.

In July 2013, the FASB issued ASU No. 2013-11, (“ASU 2013-11”),  “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists” which clarifies that an unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward if such settlement is required or expected in the event the uncertain tax position is disallowed. In situations where a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction or the tax law of the jurisdiction does not require, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. ASU 2013-11 is effective prospectively for fiscal years, and interim periods within those years, beginning after December 15, 2013. Earlier application is permitted. The Company is currently assessing the impact ASU 2013-11 will have on its financial statements.

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Stock-Based Compensation (Details) (USD $) In Millions, except Share data, unless otherwise specified	0 Months Ended	3 Months Ended		9 Months Ended
	Sep. 05, 2013	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Stock-Based Compensation Expense
Stock-based compensation expense		$ 1	$ 1	$ 4	$ 4
Stock options granted (in shares)	430,600
Unrecognized compensation expense related to restricted stock and stock option awards		5		5
Unrecognized compensation expense, period for recognition				3 years 3 months 18 days
Dex Media, Inc. | Dex One
Stock-Based Compensation Expense
Stock-based compensation expense		2
Reverse stock split ratio				0.2
Acquisition-related Costs
Stock-Based Compensation Expense
Stock-based compensation expense				$ 2
Common Stock
Stock-Based Compensation Expense
Maximum number of shares of common stock authorized for issuance under the incentive plan (in shares)		1,264,911		1,264,911
Restricted Stock Units (RSUs)
Stock-Based Compensation Expense
Number of restricted stock awards granted (in shares)	342,724
Share-based Compensation Arrangement by Share-based Payment Award, Award Agreement Triggering Award to Fully Vest On Date of Change in Control, Period Prior to Change in Control Date				6 months
Share-based Compensation Arrangement by Share-based Payment Award, Award Agreement Triggering Award to Fully Vest On Date of Employee Service Termination, Period Following Change in Control Date				2 years
Employee Stock Option [Member]
Stock-Based Compensation Expense
Share-based Compensation Arrangement by Share-based Payment Award, Award Agreement Triggering Award to Fully Vest On Date of Change in Control, Period Prior to Change in Control Date				6 months
Share-based Compensation Arrangement by Share-based Payment Award, Award Agreement Triggering Award to Fully Vest On Date of Employee Service Termination, Period Following Change in Control Date				2 years
Restricted stock award vesting period	4 years
Stock options awards expiration period	10 years
Number of peers as component of expected volatility rate				10

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Earnings (Loss) Per Share - Additional Information (Details)	9 Months Ended
	Sep. 30, 2012	Sep. 30, 2013 Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares excluded from computation of weighted average diluted shares outstanding	500,000
Participating securities outstanding		342,724

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Employee Benefits (Tables)

9 Months Ended

Sep. 30, 2013

Compensation and Retirement Disclosure [Abstract]

Schedule of net periodic cost (income)

The following table sets forth the benefit costs (income) related to the Company's pension plans for the three and nine months endedSeptember 30, 2013 and 2012, which includes May 1, 2013 through September 30, 2013 activity associated with the SuperMedia pension plans.

	Pension Benefit Cost (Income)
	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
	(in millions)
Service cost	$	1		$	—		$	1		$	—
Interest cost	7			3			15			8
Expected return on plan assets	(11		)	(4		)	(22		)	(10		)
Settlement loss	—			—			—			2
Amortization of net loss	1			—			2			—
Net periodic cost (income)	$	(2	)	$	(1	)	$	(4	)	$	—

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Debt Obligations (Tables)

9 Months Ended

Sep. 30, 2013

Debt Disclosure [Abstract]

Schedule of outstanding debt obligations

The following table sets forth the Company's outstanding debt obligations on the consolidated balance sheets at September 30, 2013 and December 31, 2012.

		Interest Rates				Carrying Value
	Maturity	At September 30, 2013		At December 31, 2012		At September 30, 2013		At December 31, 2012
						(in millions)
Senior secured credit facilities
SuperMedia Inc.	December 31, 2016	11.6	%	11.0	%	$	1,023	$	—
R.H. Donnelly Inc.	December 31, 2016	9.75	%	9.0	%	708		776
Dex Media East, Inc.	December 31, 2016	6.0	%	2.8	%	455		516
Dex Media West, Inc.	December 31, 2016	8.0	%	7.0	%	429		498
Senior subordinated notes	January 29, 2017	14.0	%	14.0	%	236		220
Total debt						2,851		2,010
Less: current maturities of long-term debt						160		2,010
Long-term debt						$	2,691	$	—

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Debt Obligations - Additional Information (Details) (USD $)	3 Months Ended		9 Months Ended				9 Months Ended			0 Months Ended		9 Months Ended				9 Months Ended						9 Months Ended								9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013 Senior Subordinated Notes	Dec. 31, 2012 Senior Subordinated Notes	Sep. 30, 2013 Senior Subordinated Notes Dex One Senior Subordinated Notes	Sep. 30, 2013 Senior Subordinated Notes Dex One Senior Subordinated Notes Semi-Annual Interest Period Ending March 31, 2013	Sep. 30, 2013 Senior Subordinated Notes Dex One Senior Subordinated Notes Semi-Annual Interest Period Ending September 30, 2013	Apr. 19, 2012 Amended and Restated Credit Facility	Mar. 23, 2012 Amended and Restated Credit Facility	Sep. 30, 2013 Amended and Restated Credit Facility	Sep. 30, 2012 Amended and Restated Credit Facility	Sep. 30, 2013 Amended and Restated Credit Facility Super Media Amended and Restated Credit Facility	Apr. 30, 2013 Amended and Restated Credit Facility Super Media Amended and Restated Credit Facility	Sep. 30, 2013 Amended and Restated Credit Facility RHDI Amended and Restated Credit Facility	Sep. 30, 2013 Amended and Restated Credit Facility Dex Media West Amended and Restated Credit Facility	Sep. 30, 2013 Principal and Interest Payments Option One Amended and Restated Credit Facility Super Media Amended and Restated Credit Facility	Sep. 30, 2013 Principal and Interest Payments Option One Amended and Restated Credit Facility RHDI Amended and Restated Credit Facility	Sep. 30, 2013 Principal and Interest Payments Option One Amended and Restated Credit Facility Dex Media East Amended and Restated Credit Facility	Sep. 30, 2013 Principal and Interest Payments Option One Amended and Restated Credit Facility Dex Media West Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option One Federal Funds Effective Rate Amended and Restated Credit Facility Super Media Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option One Federal Funds Effective Rate Amended and Restated Credit Facility RHDI Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option One Federal Funds Effective Rate Amended and Restated Credit Facility Dex Media East Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option One Federal Funds Effective Rate Amended and Restated Credit Facility Dex Media West Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option Two Amended and Restated Credit Facility Super Media Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option Two Amended and Restated Credit Facility RHDI Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option Two Amended and Restated Credit Facility Dex Media East Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option Two Amended and Restated Credit Facility Dex Media West Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option Two Eurodollar [Member] Amended and Restated Credit Facility Super Media Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option Two Eurodollar [Member] Amended and Restated Credit Facility RHDI Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option Two Eurodollar [Member] Amended and Restated Credit Facility Dex Media East Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option Two Eurodollar [Member] Amended and Restated Credit Facility Dex Media West Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option Two Interest Period Option One Amended and Restated Credit Facility Super Media Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option Two Interest Period Option One Amended and Restated Credit Facility RHDI Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option Two Interest Period Option One Amended and Restated Credit Facility Dex Media East Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option Two Interest Period Option One Amended and Restated Credit Facility Dex Media West Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option Two Interest Period Option Two Amended and Restated Credit Facility Super Media Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option Two Interest Period Option Two Amended and Restated Credit Facility RHDI Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option Two Interest Period Option Two Amended and Restated Credit Facility Dex Media East Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option Two Interest Period Option Two Amended and Restated Credit Facility Dex Media West Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option Two Interest Period Option Three Amended and Restated Credit Facility Super Media Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option Two Interest Period Option Three Amended and Restated Credit Facility RHDI Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option Two Interest Period Option Three Amended and Restated Credit Facility Dex Media East Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option Two Interest Period Option Three Amended and Restated Credit Facility Dex Media West Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option Two Interest Period Option Four Amended and Restated Credit Facility RHDI Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option Two Interest Period Option Four Amended and Restated Credit Facility Dex Media East Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Two Principal and Interest Payments Option Two Interest Period Option Four Amended and Restated Credit Facility Dex Media West Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Three Principal and Interest Payments Option One London Interbank Offered Rate LIBOR Amended and Restated Credit Facility Super Media Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Three Principal and Interest Payments Option One London Interbank Offered Rate LIBOR Amended and Restated Credit Facility RHDI Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Three Principal and Interest Payments Option One London Interbank Offered Rate LIBOR Amended and Restated Credit Facility Dex Media East Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Three Principal and Interest Payments Option One London Interbank Offered Rate LIBOR Amended and Restated Credit Facility Dex Media West Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Three Principal and Interest Payments Option One Base Rate [Member] Amended and Restated Credit Facility Super Media Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Three Principal and Interest Payments Option One Base Rate [Member] Amended and Restated Credit Facility RHDI Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Three Principal and Interest Payments Option One Base Rate [Member] Amended and Restated Credit Facility Dex Media East Amended and Restated Credit Facility	Sep. 30, 2013 Variable Interest Rate Option Three Principal and Interest Payments Option One Base Rate [Member] Amended and Restated Credit Facility Dex Media West Amended and Restated Credit Facility	Sep. 30, 2013 2013 and 2014 Amended and Restated Credit Facility Dex Media East Amended and Restated Credit Facility	Sep. 30, 2013 2015 and 2016 Amended and Restated Credit Facility Dex Media East Amended and Restated Credit Facility	Feb. 01, 2010 Revaluation of Liabilities
Debt Instrument [Line Items]
Fresh start accounting discount recognized																																																											$ 120,000,000
Write-off of remaining unamortized debt fair value adjustment	0		32,000,000
Variable Interest Rate Floor Percentage																		4.00%	4.00%	4.00%	4.00%
Basis Spread on Variable Rate																						0.50%	0.50%	0.50%	0.50%					8.60%	6.75%	3.00%	5.00%																1.00%	1.00%	1.00%	1.00%	7.60%	5.75%	2.00%	4.00%
Debt Stated Percentage					14.00%	14.00%	12.00%																			3.00%	3.00%	3.00%	3.00%
Interest Period																																		1 month	1 month	1 month	1 month	2 months	2 months	2 months	2 months	3 months	3 months	3 months	3 months	6 months	6 months	6 months
Maximum Stated Interest Rate Percentage							14.00%
Percentage required in cash							50.00%
Percentage required in PIK interest							50.00%
Percentage of Interest Payments Made in Cash								50.00%	50.00%
Percentage of Interest Payments Made With PIK Interest								50.00%	50.00%
Additional senior subordinated notes							16,000,000								1,442,000,000
Mandatory debt principal payments, excess cash flow sweep percentage																60.00%	50.00%																																								70.00%	60.00%
Mandatory debt principal payment due as percentage of increase in available cash														67.50%
Repurchase debt, face value discount percent														12.50%		20.00%	30.00%																																								15.00%	20.00%
Repurchase debt, maximum period to repurchase debt												180 days
Mandatory principal payments												210,000,000
Total debt principal payments			321,000,000	401,000,000						26,000,000	70,000,000	321,000,000	401,000,000
Reduction in debt obligations													545,000,000
Amount of debt prepaid										98,000,000	142,000,000
Gain on debt repurchases, net		0	0	140,000,000						71,000,000	69,000,000
Non-taxable Gain on early extinguishment of debt before offsetting administrative fees										72,000,000	72,000,000
Administrative fees associated with the transaction										1,000,000	3,000,000
Additional debt principal payments at par												$ 111,000,000	$ 305,000,000

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Acquisition Accounting Components of Intangible Assets (Details) (USD $) In Millions, unless otherwise specified	0 Months Ended
	Apr. 30, 2013
Directory services agreements
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Remaining Useful Lives	5 years
Client relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Remaining Useful Lives	4 years
Trademarks and domain names
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Remaining Useful Lives	6 years
Patented technologies
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Remaining Useful Lives	5 years
Super Media, Inc.
Acquired Finite-Lived Intangible Assets [Line Items]
Fair value of intangible assets	$ 635
Super Media, Inc. | Directory services agreements
Acquired Finite-Lived Intangible Assets [Line Items]
Fair value of intangible assets	145
Super Media, Inc. | Client relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Fair value of intangible assets	420
Super Media, Inc. | Trademarks and domain names
Acquired Finite-Lived Intangible Assets [Line Items]
Fair value of intangible assets	60
Super Media, Inc. | Patented technologies
Acquired Finite-Lived Intangible Assets [Line Items]
Fair value of intangible assets	$ 10

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Additional Financial Information Depreciation and Amortization (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Property, Plant and Equipment [Line Items]
Total depreciation and amortization	$ 242	$ 104	$ 524	$ 313
Amortization of intangible assets
Property, Plant and Equipment [Line Items]
Total depreciation and amortization	226	87	477	262
Amortization of capitalized software
Property, Plant and Equipment [Line Items]
Total depreciation and amortization	11	13	33	39
Depreciation of fixed assets
Property, Plant and Equipment [Line Items]
Total depreciation and amortization	$ 5	$ 4	$ 14	$ 12

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Income Taxes (Details)	12 Months Ended	9 Months Ended
	Dec. 31, 2012	Sep. 30, 2013 Estimate
Income Tax Rate [Line Items]
Effective tax rate (as a percent)	10.00%	45.00%
Effective tax rate less valuation allowance reduction in certain deferred tax liabilities and changes in state tax apportionment (as a percent)		35.00%

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Business and Basis of Presentation - Merger Agreement (Details)	Aug. 20, 2012
Newdex, Inc. | Dex One
Merger Disclosures [Line Items]
Merger, number of shares of acquiree common stock to be converted to acquirer common stock	0.2
Newdex, Inc. | Super Media, Inc.
Merger Disclosures [Line Items]
Merger, number of shares of acquiree common stock to be converted to acquirer common stock	0.4386
Dex Media, Inc. | Dex One
Merger Disclosures [Line Items]
Merger, number of shares of acquiree common stock to be converted to acquirer common stock	0.2
Dex Media, Inc. | Super Media, Inc.
Merger Disclosures [Line Items]
Merger, number of shares of acquiree common stock to be converted to acquirer common stock	0.4386

XML

Additional Financial Information (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended			2 Months Ended	3 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Jun. 30, 2013 Super Media, Inc.	Sep. 30, 2013 Super Media, Inc.
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Severance Costs	$ 9	$ 1	$ 28	$ 5
Business Acquisition [Line Items]
Interest expense, net	99	47	221	152		96	58
Non-cash interest expense	23	9	47	32
Amortization of debt discount			33	19		28	17
Period to Close Sale of Assets Held-For-Sale			12 months
Assets held-for-sale	21		21
Accounts payable and accrued liabilities
Accounts payable	23		23		14
Accrued salaries and wages	71		71		32
Accrued taxes	21		21		5
Accrued expenses	43		43		37
Customer refunds, advance payments and other	19		19		7
Total accounts payable and accrued liabilities	$ 177		$ 177		$ 95

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Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2013

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Schedule of Finite-Lived Intangible Assets

The following table sets forth the details of the Company's intangible assets at September 30, 2013 and December 31, 2012.

	At September 30, 2013						At December 31, 2012
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
	(in millions)
Directory services agreements	$	1,475	$	579	$	896	$	1,330	$	363	$	967
Client relationships	1,155		413		742		735		217		518
Trademarks and domain names	440		140		300		380		84		296
Patented technologies	85		37		48		75		30		45
Advertising commitment	11		6		5		11		4		7
Total intangible assets	$	3,166	$	1,175	$	1,991	$	2,531	$	698	$	1,833

Schedule of Finite Lived Intangible Assets Useful Lives

The changes to the estimated remaining useful lives are reflected in the following table:

	Estimated Remaining Useful Lives
	Previous	Revised
Directory services agreements	9 years	5 years
Client relationships	8 years	4 years
Trademarks and domain names	8 years	6 years
Patented technologies	5 years	5 years
Advertising commitment	5 years	3 years

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Business and Basis of Presentation

9 Months Ended

Sep. 30, 2013

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Business and Basis of Presentation

Business and Basis of Presentation

Business

Dex Media, Inc. (“Dex Media”, “we”, “us”, “our”, or the “Company”) is a leading provider of local marketing solutions to over 600,000 business clients across the United States. We have more than 2,000 marketing consultants who work directly with our clients to provide multiple local marketing solutions to drive customer leads to our clients.

Our local marketing solutions are primarily sold under various “Dex” and “Super” brands, including print yellow page directories, online local search websites, mobile local search applications, and placement of our client's information and advertisements on major search engine websites with whom we are affiliated. Our local marketing solutions also include website development, search engine optimization, market analysis, video development and promotion, reputation management, social media marketing, and tracking/reporting of customer leads.

Our print yellow page directories are co-branded with various local exchange telephone companies; including Verizon Communications Inc., AT&T Corp., Century Link, Inc., Fairpoint Communications, Inc., and Frontier Communications Corporation. We operate as the official publisher of print yellow page directories in some of the markets that they provide telephone service, and we have multiple agreements that govern our relationship with each of these companies, including publishing agreements, branding agreements, and non-competition agreements.

Basis of Presentation

The Company prepares its financial statements in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”). Pursuant to the rules and regulations of the United States Securities and Exchange Commission (“SEC”), the accompanying unaudited consolidated financial statements contain all adjustments, consisting of normal recurring items and accruals, necessary to fairly present the financial position, results of operations and cash flows of Dex Media and its subsidiaries. These unaudited interim financial statements do not contain all information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP and, as such, should be read in conjunction with the Dex One Corporation ("Dex One") Annual Report on Form 10-K for the year ended December 31, 2012. The results of operations for the three and nine months endedSeptember 30, 2013 are not indicative of results of operations for the 2013 fiscal year.

The preparation of these financial statements requires management to make estimates and judgments that affect the reported amount of assets and liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities at the date of the financial statements.

In the periods subsequent to filing for bankruptcy on March 18, 2013 and until emergence from bankruptcy on April 30, 2013, Accounting Standards Codification ("ASC") 852 “Reorganizations" ("ASC 852") was applied in preparing the consolidated financial statements of Dex One. ASC 852 requires that the financial statements distinguish transactions and events that are directly associated with the bankruptcy reorganization from the ongoing operations of the business. Accordingly, certain expenses including professional fees, realized gains and losses and provisions for losses that are realized from the reorganization and restructuring process have been classified as reorganization items on the Company's consolidated statements of comprehensive income (loss). 

The Company accounted for the business combination of Dex One and SuperMedia, Inc. ("SuperMedia"), creating Dex Media, using the acquisition method of accounting in accordance with ASC 805 “Business Combinations” (“ASC 805”). For additional information regarding the merger and acquisition accounting, see “Bankruptcy Filing and Merger of Dex One and SuperMedia” below and Note 2.

Financial Statement Presentation

Certain prior period amounts on our consolidated financial statements have been reclassified to conform to current year presentation.

Dex Media will present its deferred revenue and associated unbilled receivables on a net basis on its consolidated balance sheet beginning June 30, 2013. We recognize revenue from print directory advertising ratably over the life of each directory, which is typically twelve months, using the amortization method, with revenue recognition commencing in the month of publication. In the month of publication, equal offsetting amounts are recorded to deferred revenue and unbilled receivables for the full annual contract value. Each month, as our clients are billed, we reduce deferred revenue and unbilled receivables by equal amounts as revenue is recognized on the consolidated statement of comprehensive income (loss) and billed receivables are recognized on the consolidated balance sheet. The net total of deferred revenue and unbilled receivables for all clients results in a net deferred revenue position as some clients prepay their account or are billed in advance. Deferred revenue on the consolidated balance sheet represents revenue yet to be recognized for those clients who have prepaid their account or have been billed in advance. Our December 31, 2012 consolidated balance sheet has been adjusted to reflect deferred revenue and associated unbilled receivables on a net basis.

Certain expense line items on the consolidated statements of comprehensive income (loss) have been reclassified for 2012 to conform to the current year presentation. Total expenses remain unchanged. The following tables show the reclassifications by expense line item.

	Three Months Ended September 30, 2012,
	As Previously Reported		Reclassifications			As Currently Reported
	(in millions)
Selling	$	85	$	(17	)	$	68
Cost of service	70		19			89
General & administrative	33		(2		)	31
Total	$	188	$	—		$	188

	Nine Months Ended September 30, 2012,
	As Previously Reported		Reclassifications			As Currently Reported
	(in millions)
Selling	$	270	$	(57	)	$	213
Cost of service	215		57			272
General & administrative	94		—			94
Total	$	579	$	—		$	579

Selling. Selling expense represents the cost to acquire new clients and renew the advertising of existing clients. Selling expense includes the sales and sales support organizations, including base salaries and sales commissions paid to our local sales force, national sales commissions paid to independent certified marketing representatives, sales training, advertising and client care expenses. Sales commissions are amortized over the average life of the directory or advertising service, which is typically twelve months. All other selling costs are expensed as incurred.

Cost of Service. Cost of service represents the cost to fulfill and maintain our advertising services to our clients. Cost of service includes the costs of producing and distributing print directories and online local search services; including publishing operations, paper, printing, distribution, website development, and Internet traffic costs for placement of our clients' information and advertisements on search engine websites with whom we are affiliated. Costs attributable to producing print directories are amortized over the average life of a directory, which is typically twelve months. These costs include the amortization of paper, printing and initial distribution of print directories. All other costs are expensed as incurred.

General and Administrative. General and administrative expense includes corporate management and governance functions, which are comprised of finance, human resources, legal, investor relations, billing and receivables management. In addition, general and administrative expense includes bad debt, operating taxes, insurance, stock-based compensation, severance expense, and other general corporate expenses. All general and administrative costs are expensed as incurred.

Bankruptcy Filing and Merger of Dex One and SuperMedia

Merger Agreement

On August 20, 2012, Dex One entered into an Agreement and Plan of Merger (the “Merger Agreement”) with SuperMedia, Newdex Inc. ("Newdex"), and Spruce Acquisition Sub, Inc., a direct wholly owned subsidiary of Newdex (“Merger Sub”) (collectively, the "Merger Entities"). The Merger Agreement provided that, upon the terms and subject to the conditions set forth therein, (i) Dex One would merge with and into Newdex, with Newdex as the surviving entity (the “Dex Merger”) and subsequently, each share of Dex One common stock would convert into 0.2 shares of common stock of Newdex and (ii) immediately following consummation of the Dex Merger, Merger Sub would merge with and into SuperMedia, with SuperMedia as the surviving entity and become a direct wholly owned subsidiary of Newdex (the “SuperMedia Merger” and together with the Dex Merger, the “Mergers”) with each share of SuperMedia common stock converting into 0.4386 shares of common stock of Newdex. As a result of the Mergers, Newdex, as successor to Dex One, was renamed Dex Media, Inc. (“Dex Media”) and became a newly listed company.

On December 5, 2012, the Merger Entities entered into an Amended and Restated Agreement and Plan of Merger (the “Amended and Restated Merger Agreement”), which upheld the basic economic terms and strategic merits of the Mergers included in the original Merger Agreement, and, among other things, (i) delayed the date on which a party may first unilaterally terminate the Amended and Restated Merger Agreement and the Mergers from December 31, 2012 to June 30, 2013 and (ii) provided that if either Dex One or SuperMedia were unable to obtain the requisite consents to the Mergers from its stockholders and to the contemplated amendments to its respective financing agreements from its senior secured lenders to consummate the transactions on an out-of-court basis, the Mergers may be effected through voluntary pre-packaged plans of reorganization under Chapter 11 of Title 11 of the United States Code ("Chapter 11" or the "Bankruptcy Code"). Because neither Dex One nor SuperMedia were able to obtain the requisite unanimous consents to the contemplated amendments to their respective financing agreements to effectuate the Mergers out of court, each of Dex One and SuperMedia and all of their domestic subsidiaries voluntarily filed a pre-packaged bankruptcy under Chapter 11 on March 18, 2013.

Bankruptcy Filing and Emergence

On March 18, 2013, Dex One and all of its subsidiaries filed voluntary bankruptcy petitions in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”) for reorganization under the provisions of the Bankruptcy Code. Concurrently with filing the bankruptcy petitions, Dex One and its subsidiaries filed and requested confirmation of a Joint Prepackaged Chapter 11 Plan (as modified and supplemented, the “Dex One Prepackaged Plan”), seeking to effect the Mergers and related transactions contemplated by the Amended and Restated Merger Agreement. Also on March 18, 2013, SuperMedia and all of its domestic subsidiaries filed separate voluntary bankruptcy petitions in the Bankruptcy Court, seeking approval of SuperMedia's separate prepackaged plan of reorganization (together with the Dex One Prepackaged Plan, the “Prepackaged Plans”).

On April 29, 2013, the Bankruptcy Court held a hearing and entered separate orders confirming the Prepackaged Plans. On April 30, 2013, Dex One and SuperMedia; (1) consummated the Mergers and other transactions contemplated by the Merger Agreement, including (a) the amendment and restatement of SuperMedia's senior secured credit facility, (b) the Dex Merger, (c) the SuperMedia Merger, and (d) the amendment and restatement of the credit facilities of R.H. Donnelley Inc., Dex Media West, Inc., and Dex Media East, Inc.; (2) otherwise effected the transactions contemplated by the Prepackaged Plans; and (3) emerged from Chapter 11 protection. On April 30, 2013, the Company emerged from bankruptcy.

Effective with the emergence from bankruptcy, the Mergers were consummated on April 30, 2013.

Subsequent to the Dex Merger, Dex One stockholders received 0.2 shares of Dex Media common stock for each share of Dex One common stock that they owned, which reflects a 1-for-5 reverse stock split of Dex One common stock. As a result of the reverse stock split of Dex One common stock, all outstanding common stock, and per share amounts contained in the financial statements and related notes have been retroactively adjusted to reflect this reverse stock split for all periods presented. The reverse stock split was effective April 30, 2013. Subsequent to the SuperMedia Merger, SuperMedia stockholders received 0.4386 shares of Dex Media common stock for each share of SuperMedia common stock that they owned.

Recent Accounting Pronouncements

In February 2013, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2013-02 (“ASU 2013-02”), “Reporting of Amounts Reclassified Out of Accumulated Comprehensive Income,” which amends Accounting Standards Codification ("ASC") 220, “Comprehensive Income.” The amended guidance requires an entity to report the effect of significant reclassifications out of accumulated other comprehensive income on the respective line items in net income if the amount being reclassified is required under U.S. GAAP to be reclassified in its entirety to net income. For other amounts that are not required under U.S. GAAP to be reclassified in their entirety from accumulated other comprehensive income to net income in the same reporting period, an entity is required to cross-reference other disclosures required under U.S. GAAP that provide additional detail about those amounts. ASU 2013-02 is effective for interim and annual periods beginning after December 15, 2012. The Company has adopted the provisions of ASU 2013-02 as required.

In July 2013, the FASB issued ASU No. 2013-11, (“ASU 2013-11”),  “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists” which clarifies that an unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward if such settlement is required or expected in the event the uncertain tax position is disallowed. In situations where a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction or the tax law of the jurisdiction does not require, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. ASU 2013-11 is effective prospectively for fiscal years, and interim periods within those years, beginning after December 15, 2013. Earlier application is permitted. The Company is currently assessing the impact ASU 2013-11 will have on its financial statements.

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Merger Transaction and Integration Costs Merger and Transaction and Integration Costs

9 Months Ended

Sep. 30, 2013

Business Combinations [Abstract]

Merger Transaction and Integration Costs

Merger Transaction and Integration Costs

Merger transaction costs represent costs associated with completing the merger between Dex One and SuperMedia.

The Company has cumulatively incurred $41 million of merger transaction costs as of September 30, 2013. Of this amount, $8 million represents deferred financing costs associated with the amendments of Dex One's senior secured credit facilities. This amount was recorded to other assets on the Company's consolidated balance sheet and will be amortized to interest expense over the remaining term of the related Dex One senior secured credit facilities using the effective interest method. The remainder of these costs, which include one-time costs associated with investment bankers, legal, and professional fees, were expensed as part of general and administrative expense on the Company's consolidated statements of comprehensive income (loss). Of these costs, $2 million and $21 million were incurred and expensed during the three and nine months ended September 30, 2013, respectively, and are reflected as general and administrative expense on the Company's 2013 consolidated statements of comprehensive income (loss).

Merger integration costs represent costs incurred to achieve synergies related to the merger of Dex One and SuperMedia. These costs include severance, professional fees and contract services. As part of the merger, there are a large number of processes, policies, procedures, operations, technologies and systems that must be integrated. These costs are recorded as part of general and administrative expense on the Company's 2013 consolidated statements of comprehensive income (loss). During the three and nine months endedSeptember 30, 2013, the Company incurred $13 million and $41 million respectively, of merger integration costs, of which $9 million and $28 million respectively, represents severance costs.

The following table sets forth merger transaction and integration costs recognized for the three and nine months endedSeptember 30, 2013, and 2012.

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
	(in millions)
Merger transaction costs	$	2	$	4	$	21	$	4
Merger integration costs	13		—		41		—
Total merger related costs	$	15	$	4	$	62	$	4

XML

Additional Financial Information

9 Months Ended

Sep. 30, 2013

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Additional Financial Information

Additional Financial Information

Consolidated Statements of Comprehensive Income (Loss)

Depreciation and amortization

The following tables set forth the components of the Company's depreciation and amortization expense for the three and nine months endedSeptember 30, 2013, and 2012.

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
	(in millions)
Amortization of intangible assets	$	226	$	87	$	477	$	262
Amortization of capitalized software	11		13		33		39
Depreciation of fixed assets	5		4		14		12
Total depreciation and amortization	$	242	$	104	$	524	$	313

Severance

During the three and nine months endedSeptember 30, 2013, the Company recorded severance expense of $9 million and $28 million, respectively which was included as part of merger integration costs. During the three and nine months endedSeptember 30, 2012, the Company recorded severance expense of $1 million and $5 million, respectively. Severance costs are recorded as part of general and administrative expense on the Company's consolidated statements of comprehensive income (loss).

Interest expense, net

The Company recorded interest expense, net of $99 million and $221 million for the three and nine months endedSeptember 30, 2013, compared to $47 million and $152 million for the three and nine months endedSeptember 30, 2012, respectively. Interest expense, net consists primarily of interest expense associated with our debt obligations, non-cash interest expense associated with the amortization of debt discount, non-cash interest expense associated with payment-in-kind interest related to our senior subordinated notes, and non-cash interest expense associated with the amortization of deferred financing cost, offset by interest income. Non-cash interest expense was $23 million and $47 million for the three and nine months endedSeptember 30, 2013, compared to $9 million and $32 million for the three and nine months endedSeptember 30, 2012, respectively. As a result of our merger with SuperMedia effective April 30, 2013, the May 1, 2013 through September 30, 2013 interest expense, net of SuperMedia of $96 million (including $28 million of non-cash interest expense related to the amortization of debt discount) has been included in our interest expense, net for the nine months ended September 30, 2013.For the three months ended September 30, 2013 interest expense, net recorded by SuperMedia of $58 million (including $17 million of non-cash interest expense related to the amortization of debt discount) has been included in our interest expense, net.

Other comprehensive income (loss)

The following tables set forth the components of the Company's comprehensive income (loss) adjustments for pension and other post-employment benefits for the three and nine months endedSeptember 30, 2013, and 2012.

	Three Months Ended September 30,
	2013									2012
	Gross			Taxes			Net			Gross		Taxes		Net
	(in millions)
Net (loss)							$	(132	)					$	(13	)
Adjustments for pension and other post-employment benefits:
Accumulated actuarial losses of benefit plans	$	(7	)	$	3		(4		)	$	—	$	—	—
Reclassifications included in net (loss):
Amortization of actuarial losses	1			(1		)	—			—		—		—
Total reclassifications included in net (loss)	1			(1		)	—			—		—		—
Adjustments for pension and other post-employment benefits	$	(6	)	$	2		(4		)	$	—	$	—	—
Total comprehensive (loss)							$	(136	)					$	(13	)

	Nine Months Ended September 30,
	2013									2012
	Gross			Taxes			Net			Gross			Taxes			Net
	(in millions)
Net income (loss)							$	(259	)							$	98
Adjustments for pension and other post-employment benefits:
Accumulated actuarial losses of benefit plans	$	(18	)	$	7		(11		)	$	(2	)	$	1		(1		)
Reclassifications included in net income (loss):
Amortization of actuarial losses	2			(1		)	1			—			—			—
Settlement losses	—			—			—			2			(1		)	1
Total reclassifications included in net income (loss)	2			(1		)	1			2			(1		)	1
Adjustments for pension and other post-employment benefits	$	(16	)	$	6		(10		)	$	—		$	—		—
Total comprehensive income (loss)							$	(269	)							$	98

The following table sets forth the balance of the Company's accumulated other comprehensive (loss). All balances in accumulated other comprehensive (loss) are related to pension and other post-employment benefits.

	Gross			Taxes		Net
	(in millions)
Accumulated other comprehensive (loss) - December 31, 2012	$	(47	)	$	3	$	(44	)
Adjustments for pension and other post-employment benefits, net of amortization	(16		)	6		(10		)
Accumulated other comprehensive (loss) - September 30, 2013	$	(63	)	$	9	$	(54	)

Balance Sheet

Assets held for sale

The Company entered into an agreement to sell its land and building in Los Alamitos, CA, for $21 million, subject to due diligence by the purchaser. The sale is anticipated to close within the next twelve months. As such, the Company has reflected these assets as assets held for sale on the Company's consolidated balance sheet as of September 30, 2013.

Accounts payable and accrued liabilities

The following table sets forth additional financial information related to the Company's accounts payable and accrued liabilities at September 30, 2013 and December 31, 2012.

	At September 30, 2013		At December 31, 2012
	(in millions)
Accounts payable	$	23	$	14
Accrued salaries and wages	71		32
Accrued taxes	21		5
Accrued expenses	43		37
Customer refunds, advance payments and other	19		7
Total accounts payable and accrued liabilities	$	177	$	95

The 2013 amounts include accounts payable and accrued liabilities associated with the acquisition of SuperMedia. For additional information on the acquisition of SuperMedia, see Note 2.

Fair Value of Financial Instruments

The Company's financial assets or liabilities required to be measured at fair value on a recurring basis include cash and cash equivalents held in money market funds.  The Company's money market funds of $81 million and $3 million as of September 30, 2013 and December 31, 2012, respectively, have been recorded at fair value using Level 2 inputs.  The Company had $10 million and $2 million held in certificates of deposit (“CD's”) at September 30, 2013 and December 31, 2012, respectively, that serve as collateral against letters of credit held with our insurance carriers.  These CD's are valued using Level 2 inputs. The fair value of the Company's money market funds and CD's classified as Level 2 are determined based on observable market data. The fair value of accounts receivable and accounts payable approximate their carrying amounts due to their short-term nature. The fair value of our senior secured credit facilities debt instruments are determined using Level 2 inputs based on the observable market data of a private exchange. The fair value of our senior subordinated notes are determined using Level 1 inputs.

The following table sets forth the carrying amount and fair value of the Company's total debt obligations at September 30, 2013 and at December 31, 2012.

	At September 30, 2013				At December 31, 2012
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
	(in millions)
Senior secured credit facilities
SuperMedia Inc.	$	1,023	$	1,049	$	—	$	—
R.H. Donnelly Inc.	708		515		776		528
Dex Media East, Inc.	455		345		516		360
Dex Media West, Inc.	429		357		498		369
Senior subordinated notes	236		155		220		73
Total debt obligations	$	2,851	$	2,421	$	2,010	$	1,330

With the merger and the adoption of acquisition accounting, the SuperMedia senior secured credit facility was recorded at its fair value on April 30, 2013 of $1,082 million, from its face value of $1,442 million, resulting in a debt fair value adjustment of $360 million. For additional information on our outstanding debt obligations, see Note 8.

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Earnings (Loss) Per Share

9 Months Ended

Sep. 30, 2013

Earnings Per Share [Abstract]

Earnings (Loss) Per Share

Earnings (Loss) Per Share

The calculation of basic and diluted earnings (loss) per share (“EPS”) is presented below.

	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
	(in millions, except per share amounts)
Basic EPS
Net income (loss)	$	(132	)	$	(13	)	$	(259	)	$	98
Weighted average common shares outstanding	17.2			10.2			14.1			10.1
Basic EPS	(7.66		)	(1.25		)	(18.29		)	9.68
Diluted EPS
Net income (loss)	$	(132	)	$	(13	)	$	(259	)	$	98
Weighted average common shares outstanding	17.2			10.2			14.1			10.1
Dilutive effect of stock awards	—			—			—			—
Weighted average diluted shares outstanding	17.2			10.2			14.1			10.1
Diluted EPS	$	(7.66	)	$	(1.25	)	$	(18.29	)	$	9.68

The weighted average shares outstanding for periods prior to April 30, 2013 have been adjusted to reflect the 1-for-5 reverse stock split of Dex One common stock.

Diluted EPS is calculated by dividing net income by the weighted average common shares outstanding plus potential dilutive common stock. Due to the Company's reported net loss for the three months ended September 30, 2013 and 2012 as well as the nine months ended September 30. 2013, the effect of all stock-based awards was anti-dilutive and therefore not included in the calculation of EPS. The effect of potentially dilutive common shares for the nine months ended September 30, 2012 was not material. For the nine months ended September 30, 2012, 0.5 million shares of the Company’s stock-based awards had exercise prices that exceeded the average market price of the Company’s common stock. These shares were not included in our weighted average diluted shares outstanding.

On September 5, 2013, certain employees were granted restricted stock awards, which entitles those participants to receive non-forfeitable dividends during the vesting period on a basis equivalent to the dividends paid to holders of the Company’s common stock. As such, these unvested restricted stock awards meet the definition of a participating security. Participating securities are defined as unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid) and are included in the computation of earnings per share pursuant to the two-class method. At September 30, 2013 there were 342,724 such participating securities outstanding. Under the two-class method, all earnings, whether distributed or undistributed, are allocated to each class of common stock and participating securities based on their respective rights to receive dividends. However, the net loss from continuing operations for the three and nine months ended September 30, 2013 was not allocated to these participating securities, as these awards do not share in any loss generated by the Company.

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Additional Financial Information Other Comprehensive Income (Loss) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Comprehensive Income (loss) Adjustments
Net (loss)	$ (132)	$ (13)	$ (259)	$ 98
Reclassifications included in net income (loss): Gross
Accumulated actuarial losses of benefit plans	(7)	0	(18)	(2)
Amortization of actuarial losses	1	0	2	0
Settlement losses			0	2
Total reclassifications included in net (loss)	1	0	2	2
Adjustments for pension and other post-employment benefits	(6)	0	(16)	0
Reclassifications included in net income (loss): Taxes
Accumulated actuarial losses of benefit plans	3	0	7	1
Amortization of actuarial losses	(1)	0	(1)	0
Settlement losses			0	(1)
Total reclassifications included in net income (loss)	(1)	0	(1)	(1)
Adjustments for pension and other post-employment benefits	2	0	6	0
Reclassifications included in net income (loss): Net
Accumulated actuarial losses of benefit plans	(4)	0	(11)	(1)
Amortization of actuarial losses	0	0	1	0
Settlement losses			0	1
Total reclassifications included in net income (loss)	0	0	1	1
Adjustments for pension and other post-employment benefits	(4)	0	(10)	0
Total comprehensive income (loss)	(136)	(13)	(269)	98
Changes in accumulated other comprehensive income, Gross
Accumulated other comprehensive income at the beginning of the period			(47)
Adjustments for pension and other post-employment benefits, net of amortization			(16)
Accumulated other comprehensive income at the end of the period	(63)		(63)
Changes in accumulated other comprehensive income, Taxes
Accumulated other comprehensive income at the beginning of the period			3
Adjustments for pension and other post-employment benefits, net of amortization			6
Accumulated other comprehensive income at the end of the period	9		9
Changes in accumulated other comprehensive income Net
Accumulated other comprehensive income at the beginning of the period			(44)
Adjustments for pension and other post-employment benefits, net of amortization			(10)
Accumulated other comprehensive income at the end of the period	$ (54)		$ (54)

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Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Compensation Expense

The following table sets forth stock-based compensation expense recognized for the three and nine months endedSeptember 30, 2013 and 2012. Of the 2013 amount, $2 million was included as part of merger transaction costs. These costs were recorded as part of general and administrative expense on the Company's consolidated statements of comprehensive income (loss).

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
	(in millions)
Stock-based compensation expense	$	1	$	1	$	4	$	4

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Acquisition Accounting (Details) (USD $)	0 Months Ended	3 Months Ended		9 Months Ended			0 Months Ended	2 Months Ended	3 Months Ended		0 Months Ended			0 Months Ended	3 Months Ended	9 Months Ended	0 Months Ended		0 Months Ended		0 Months Ended
	Apr. 30, 2013	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Apr. 30, 2013 Super Media, Inc.	Jun. 30, 2013 Super Media, Inc.	Sep. 30, 2013 Super Media, Inc.	Mar. 31, 2013 Super Media, Inc.	Apr. 30, 2013 Dex One	Sep. 30, 2013 Dex One	Apr. 30, 2013 Common Stock Super Media, Inc.	Apr. 30, 2013 Dex Media, Inc.	Sep. 30, 2013 Dex Media, Inc.	Sep. 30, 2013 Dex Media, Inc.	Apr. 30, 2013 Super Media, Inc. Dex Media, Inc.	Aug. 20, 2012 Super Media, Inc. Dex Media, Inc.	Apr. 30, 2013 Client relationships	Apr. 30, 2013 Client relationships Super Media, Inc.	Apr. 30, 2013 Directory services agreements	Apr. 30, 2013 Directory services agreements Super Media, Inc.
Business Acquisition [Line Items]
Percent of equity acquired													100.00%
Value of equity issued													$ 82,000,000
Current shareholders' ownership interest in the post-merger combined company (as a percent)							40.00%				60.00%
Acquisition maximum measurement period							1 year
Merger, number of shares of acquiree common stock to be converted to acquirer common stock																		0.4386
Common stock, shares issued (in shares)		17,597,675		17,597,675		10,176,988	15,600,000
Common stock, shares outstanding (in shares)		17,597,675		17,597,675		10,176,988	15,600,000
Stock issued for acquisition	6,900,000
Reverse stock split ratio																	0.2
Share price											$ 2.38
Share price before adjustment for reverse stock split	$ 11.90
Fair value of common stock issued	82,000,000
Outstanding debt, fair value							1,082,000,000
Outstanding debt, face value							1,442,000,000
Outstanding debt discount							360,000,000
Fair value of intangible assets							635,000,000													420,000,000		145,000,000
Intangible assets excess earnings discount rate																			21.00%		21.00%
Goodwill		396,000,000		396,000,000		0	396,000,000
Deferred revenue										386,000,000
Deferred costs										122,000,000
Deferred revenue, revenue not to be recognized														386,000,000
Deferred costs, cost not to be recognized														93,000,000
Operating Revenue		397,000,000	320,000,000	1,030,000,000	999,000,000			193,000,000	132,000,000
Operating income (loss)		(142,000,000)	28,000,000	(259,000,000)	107,000,000			(157,000,000)	(70,000,000)
Net income (loss)		(132,000,000)	(13,000,000)	(259,000,000)	98,000,000			(153,000,000)	(60,000,000)
Accumulated merger transaction costs		41,000,000		41,000,000											41,000,000	41,000,000
Deferred financing costs												8,000,000
Costs associated with investment bankers, legal, and professional fees		$ 2,000,000	$ 4,000,000	$ 21,000,000	$ 4,000,000										$ 2,000,000	$ 21,000,000

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Earnings (Loss) Per Share - Schedule of Earnings Per Share, Basic and Diluted (Details) (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Basic EPS:
Net income (loss)	$ (132)	$ (13)	$ (259)	$ 98
Weighted average common shares outstanding (in shares)	17.2	10.2	14.1	10.1
Basic EPS (in dollars per share)	$ (7.66)	$ (1.25)	$ (18.29)	$ 9.68
Diluted EPS:
Dilutive effect of stock awards (in shares)	0	0	0	0
Weighted average diluted shares outstanding (in shares)	17.2	10.2	14.1	10.1
Diluted EPS (in dollars per share)	$ (7.66)	$ (1.25)	$ (18.29)	$ 9.68

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Legal Proceedings (Details)	0 Months Ended				1 Months Ended	0 Months Ended
	May 22, 2009 Wade L. Jones Vs Current officers defendant	Jun. 03, 2009 Corwin case defendant	Nov. 04, 2010 Former Bell retirees Vs Verizon employee benefits committee and pension plans and the Company employee benefits committee and pension plans plaintiff	Nov. 25, 2009 Former Bell retirees Vs Verizon employee benefits committee and pension plans and the Company employee benefits committee and pension plans plaintiff	Jun. 05, 2009 Securities claims plaintiff claim	Aug. 18, 2009 Securities claims Buettgen case claim court
Loss Contingencies [Line Items]
Number of separate lawsuits filed					3
Number of plaintiffs				3	3
Number of officers named as defendants	2
Number of cases consolidated						4
Number of courts in which cases were consolidated						1
Number of company directors added as party defendants		2
Number of claims for which motion was filed for dismissal			1
Number of remaining procedural ERISA claims			2

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Debt Obligations - Schedule of Carrying Values and Estimated Fair Values of Debt Instruments (Details) (USD $)	9 Months Ended					0 Months Ended	3 Months Ended	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Sep. 30, 2013 Senior Subordinated Notes	Dec. 31, 2012 Senior Subordinated Notes	Apr. 30, 2013 Super Media Amended and Restated Credit Facility Amended and Restated Credit Facility	Sep. 30, 2013 Super Media Amended and Restated Credit Facility Amended and Restated Credit Facility	Sep. 30, 2013 Super Media Amended and Restated Credit Facility Amended and Restated Credit Facility	Dec. 31, 2012 Super Media Amended and Restated Credit Facility Amended and Restated Credit Facility	Sep. 30, 2013 RHDI Amended and Restated Credit Facility Amended and Restated Credit Facility	Dec. 31, 2012 RHDI Amended and Restated Credit Facility Amended and Restated Credit Facility	Sep. 30, 2013 Dex Media East Amended and Restated Credit Facility Amended and Restated Credit Facility	Dec. 31, 2012 Dex Media East Amended and Restated Credit Facility Amended and Restated Credit Facility	Sep. 30, 2013 Dex Media West Amended and Restated Credit Facility Amended and Restated Credit Facility	Dec. 31, 2012 Dex Media West Amended and Restated Credit Facility Amended and Restated Credit Facility
Debt Instrument [Line Items]
Debt interest rate							11.60%	11.60%	11.00%	9.75%	9.00%	6.00%	2.80%	8.00%	7.00%
Debt stated percentage interest rate				14.00%	14.00%
Long-term debt, carrying value	$ 2,851,000,000		$ 2,010,000,000	$ 236,000,000	$ 220,000,000		$ 1,023,000,000	$ 1,023,000,000	$ 0	$ 708,000,000	$ 776,000,000	$ 455,000,000	$ 516,000,000	$ 429,000,000	$ 498,000,000
Current maturities of long-term debt	160,000,000		2,010,000,000
Long-term debt	2,691,000,000		0
Total debt obligations, fair value						1,082,000,000
Outstanding debt, face value						1,442,000,000
Acquisition accounting, debt discount						360,000,000
Amortization of debt discount	33,000,000	19,000,000					17,000,000	28,000,000
Unamortized discount							$ 332,000,000	$ 332,000,000

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Consolidated Balance Sheets (Unaudited) (USD $) In Millions, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Current Assets
Cash and cash equivalents	$ 234	$ 172
Accounts receivable, net of allowances of $23 and $20	176	99
Unbilled accounts receivable	131	21
Deferred directory costs	168	100
Deferred tax assets	34	39
Prepaid expenses and other	18	35
Accrued tax receivable	11	2
Assets held for sale	21	0
Total current assets	793	468
Fixed assets and capitalized software, net	120	105
Goodwill	396	0
Intangible assets, net	1,991	1,833
Pension assets	43	0
Other non‑current assets	15	20
Total Assets	3,358	2,426
Current Liabilities
Current maturities of long-term debt	160	2,010
Accounts payable and accrued liabilities	177	95
Accrued interest	12	19
Deferred revenue	112	121
Total current liabilities	461	2,245
Long-term debt	2,691	0
Employee benefit obligations	163	78
Deferred tax liabilities	161	54
Unrecognized tax benefits	23	6
Other liabilities	1	2
Shareholders' Equity (Deficit)
Common stock, par value $.001 per share, authorized – 300,000,000 shares; issued and outstanding – 17,597,675 shares at September 30, 2013 and 10,176,988 shares at December 31, 2012	0	0
Additional paid-in capital	1,551	1,465
Retained (deficit)	(1,639)	(1,380)
Accumulated other comprehensive (loss)	(54)	(44)
Total shareholders' equity (deficit)	(142)	41
Total Liabilities and Shareholders' Equity (Deficit)	$ 3,358	$ 2,426

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Employee Benefits

9 Months Ended

Sep. 30, 2013

Compensation and Retirement Disclosure [Abstract]

Employee Benefits

Employee Benefits

Pension Benefits

The Company provides pension benefits to many of its employees. The Company's pension plans are non-contributory defined benefit pension plans. The pension plans include the Dex One Retirement Account, the Dex Media, Inc. Pension Plan; and, in conjunction with the merger with SuperMedia, the SuperMedia Pension Plan for Management Employees and the SuperMedia Pension Plan for Collectively Bargained Employees. The Company also maintains two non-qualified pension plans for certain executives, the Dex One Pension Benefit Equalization Plan and the SuperMedia Excess Pension Plan. Pension assets related to the Company's qualified pension plans, which are held in master trusts and recorded on the Company's consolidated balance sheet, are valued in accordance with applicable accounting guidance on fair value measurements.

Net Periodic Cost

The following table sets forth the benefit costs (income) related to the Company's pension plans for the three and nine months endedSeptember 30, 2013 and 2012, which includes May 1, 2013 through September 30, 2013 activity associated with the SuperMedia pension plans.

	Pension Benefit Cost (Income)
	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
	(in millions)
Service cost	$	1		$	—		$	1		$	—
Interest cost	7			3			15			8
Expected return on plan assets	(11		)	(4		)	(22		)	(10		)
Settlement loss	—			—			—			2
Amortization of net loss	1			—			2			—
Net periodic cost (income)	$	(2	)	$	(1	)	$	(4	)	$	—

The Company made cash contributions to its qualified pension plans of $1 million and $3 million during the three and nine months ended September 30, 2013, respectively, and $5 million and $14 million during the three and nine months endedSeptember 30, 2012, respectively. We expect to make total contributions of approximately $4 million to our pension plans in 2013.

For the nine months ended September 30, 2012, lump sum payments to participants of the Dex Media, Inc. Pension Plan and the Dex One Pension Benefit Equalization Plan exceeded the sum of the service cost, plus interest cost components of the net periodic cost, resulting in the recognition of a settlement loss of $2 million.

Other Post-Employment Benefits

As a result of the acquisition of SuperMedia, the Company has an obligation to provide other post-employment benefits ("OPEB") to select employees of SuperMedia. The Company's OPEB includes post-employment health care and life insurance plans for the Company's retirees and their dependents that are both contributory and noncontributory and include a limit on the Company's share of cost for recent and future retirees. Certain retirees will continue to receive a reduced company subsidy through December 31, 2013. During the nine months ended September 30, 2013, the Company recorded other post-employment benefit expense of $1 million associated with interest costs.

Savings Plans Benefits

The Company sponsors defined contribution savings plans to provide opportunities for eligible employees to save for retirement. The savings plans include the Dex One 401(k) Savings Plan, the Dex One Restoration Plan and the Dex Media, Inc. Employee Savings Plan; and, in conjunction with the merger with SuperMedia, the SuperMedia Savings Plan. Substantially all of the Company's employees are eligible to participate in the plans. Participant contributions may be made on a pre-tax or after-tax basis. Under the plans, a certain percentage of eligible employee contributions are matched with Company cash contributions that are allocated to the participants' current investment elections. The Company recognizes its contributions as savings plan expense based on its matching obligation to participating employees. For the three and nine months endedSeptember 30, 2013, the Company recorded total savings plan expense of $3 million and $9 million, respectively, which includes May 1, 2013 through September 30, 2013 activity associated with the SuperMedia Savings Plan. For the three and nine months endedSeptember 30, 2012, the Company recorded total savings plan expense of $3 million and $8 million, respectively.

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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $) In Millions, unless otherwise specified	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Cash Flows from Operating Activities
Net income (loss)	$ (259)	$ 98
Reconciliation of net income (loss) to net cash provided by operating activities:
Depreciation and amortization	524	313
Provision for deferred income taxes	(232)	(1)
Provision for unrecognized tax benefits	(28)	0
Provision for bad debts	20	29
Amortization of debt discount	33	19
Other non-cash interest expense	14	13
Stock-based compensation expense	4	4
Employee retiree benefits	(3)	0
Gains on early extinguishment of debt	0	(140)
Non-cash reorganization items	32	0
Changes in assets and liabilities:
Accounts receivable and unbilled accounts receivable	218	(5)
Deferred directory costs	(43)	32
Other current assets	9	9
Accounts payable and accrued liabilities	(30)	(93)
Other items, net	(9)	(17)
Net cash provided by operating activities	250	261
Cash Flows from Investing Activities
Additions to fixed assets and capitalized software	(21)	(17)
Cash acquired in acquisition	154	0
Net cash provided by (used in) investing activities	133	(17)
Cash Flows from Financing Activities
Debt repayments	(321)	(401)
Debt issuance costs and other financing items, net	0	(5)
Net cash (used in) financing activities	(321)	(406)
Increase (decrease) in cash and cash equivalents	62	(162)
Cash and cash equivalents, beginning of year	172	258
Cash and cash equivalents, end of period	234
Supplemental Information
Cash interest on debt	182	121
Cash income taxes, net	$ 15	$ 5

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Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Income Statement [Abstract]
Operating Revenue	$ 397	$ 320	$ 1,030	$ 999
Operating Expenses
Selling	113	68	273	213
Cost of service (exclusive of depreciation and amortization)	130	89	338	272
General and administrative	54	31	154	94
Depreciation and amortization	242	104	524	313
Total Operating Expenses	539	292	1,289	892
Operating Income (Loss)	(142)	28	(259)	107
Interest expense, net	99	47	221	152
(Loss) Before Reorganization Items, Gains on Early Extinguishment of Debt and Provision (Benefit) for Income Taxes	(241)	(19)	(480)	(45)
Reorganization items	0	0	37	0
Gains on early extinguishment of debt		0	0	140
Income (Loss) Before Provision (Benefit) for Income Taxes	(241)	(19)	(517)	95
Provision (benefit) for income taxes	(109)	(6)	(258)	(3)
Net Income (Loss)	(132)	(13)	(259)	98
Other Comprehensive Income (Loss)
Adjustments for pension and other post-employment benefits, net of taxes	(4)	0	(10)	0
Comprehensive Income (Loss)	$ (136)	$ (13)	$ (269)	$ 98
Basic and diluted earnings (loss) per common share (in dollars per share)	$ (7.66)	$ (1.25)	$ (18.29)	$ 9.68
Basic and diluted weighted average common shares outstanding (in shares)	17.2	10.2	14.1	10.1

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Business and Basis of Presentation - Narrative (Details)	9 Months Ended
	Sep. 30, 2013 consultant client
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of business clients (over 600,000)	600,000
Number of marketing consultants (more than 2,000)	2,000
Directory life	12 months

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Reorganization Items (Tables)

9 Months Ended

Sep. 30, 2013

Reorganizations [Abstract]

Schedule of Reorganization Items, Net

The following table sets forth the details of reorganization items for the three and nine months ended September 30, 2013.

	Three Months Ended September 30, 2013		Nine Months Ended September 30, 2013
	(in millions)
Write-off of remaining unamortized debt fair value adjustment	$	—	$	32
Professional fees	—		5
Total reorganization items	$	—	$	37

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Intangible Assets (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended			5 Months Ended		5 Months Ended		5 Months Ended		5 Months Ended		5 Months Ended		3 Months Ended	5 Months Ended	3 Months Ended	9 Months Ended	4 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Sep. 30, 2013 Directory services agreements	Dec. 31, 2012 Directory services agreements	Sep. 30, 2013 Client relationships	Dec. 31, 2012 Client relationships	Sep. 30, 2013 Trademarks and domain names	Dec. 31, 2012 Trademarks and domain names	Sep. 30, 2013 Patented technologies	Dec. 31, 2012 Patented technologies	Sep. 30, 2013 Advertising commitment	Dec. 31, 2012 Advertising commitment	Sep. 30, 2013 Super Media, Inc.	Sep. 30, 2013 Super Media, Inc.	Sep. 30, 2013 Dex One	Sep. 30, 2013 Dex One	Apr. 29, 2013 As Previously Reported Directory services agreements	Apr. 29, 2013 As Previously Reported Client relationships	Apr. 29, 2013 As Previously Reported Trademarks and domain names	Apr. 29, 2013 As Previously Reported Patented technologies	Apr. 29, 2013 As Previously Reported Advertising commitment
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	$ 3,166		$ 3,166		$ 2,531	$ 1,475	$ 1,330	$ 1,155	$ 735	$ 440	$ 380	$ 85	$ 75	$ 11	$ 11
Finite-Lived Intangible Assets, Accumulated Amortization	1,175		1,175		698	579	363	413	217	140	84	37	30	6	4
Finite-lived intangible assets, net	1,991		1,991		1,833	896	967	742	518	300	296	48	45	5	7
Estimated Remaining Useful Lives						5 years		4 years		6 years		5 years		3 years						9 years	8 years	8 years	5 years	5 years
Amortization expense	226	87	477	262												66	110
Increase in amortization expense																		73	105
Estimated amortization expense
2013	703		703
2014	768		768
2015	514		514
2016	310		310
2017	141		141
Thereafter	$ 32		$ 32

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Reorganization Items (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Feb. 01, 2010 Revaluation of Liabilities
Reorganization Items [Abstract]
Write-off of remaining unamortized debt fair value adjustment	$ 0		$ 32
Professional fees	0		5
Total reorganization items (less than $1 million for three months ended September 30, 2013)	0	0	37	0
Fresh start accounting discount recognized					$ 120

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Acquisition Accounting Pro Forma Results (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Business Combinations [Abstract]
Operating revenue	$ 537	$ 551	$ 1,686	$ 1,507
Net (loss)	$ (59)	$ (43)	$ (108)	$ (81)

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Merger Transaction and Integration Costs (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Business Acquisition [Line Items]
Accumulated merger transaction costs	$ 41		$ 41
Merger transaction costs	2	4	21	4
Merger integration costs	13	0	41	0
Total merger related costs	15	4	62	4
Dex One
Business Acquisition [Line Items]
Deferred financing costs	8		8
General and Administrative Expense
Business Acquisition [Line Items]
Merger transaction costs	2		21
Employee Severance
Business Acquisition [Line Items]
Merger integration costs	$ 9		$ 28

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Debt Obligations

9 Months Ended

Sep. 30, 2013

Debt Disclosure [Abstract]

Debt Obligations

Debt Obligations

The following table sets forth the Company's outstanding debt obligations on the consolidated balance sheets at September 30, 2013 and December 31, 2012.

		Interest Rates				Carrying Value
	Maturity	At September 30, 2013		At December 31, 2012		At September 30, 2013		At December 31, 2012
						(in millions)
Senior secured credit facilities
SuperMedia Inc.	December 31, 2016	11.6	%	11.0	%	$	1,023	$	—
R.H. Donnelly Inc.	December 31, 2016	9.75	%	9.0	%	708		776
Dex Media East, Inc.	December 31, 2016	6.0	%	2.8	%	455		516
Dex Media West, Inc.	December 31, 2016	8.0	%	7.0	%	429		498
Senior subordinated notes	January 29, 2017	14.0	%	14.0	%	236		220
Total debt						2,851		2,010
Less: current maturities of long-term debt						160		2,010
Long-term debt						$	2,691	$	—

As a result of the merger and adoption of acquisition accounting on April 30, 2013, SuperMedia's debt obligation was recorded at its fair value of $1,082 million, from its face value of $1,442 million, resulting in a discount of $360 million. This debt fair value adjustment will be amortized as an increase to interest expense over the remaining term of the SuperMedia debt obligation using the effective interest method and does not impact future interest or principal payments. Amortization of the SuperMedia debt fair value adjustment included an increase to interest expense of $17 million and $28 million during the three and nine months endedSeptember 30, 2013. The unamortized portion of the SuperMedia discount as of September 30, 2013 was $332 million.

In conjunction with Dex One's adoption of fresh start accounting, after bankruptcy emergence on February 1, 2010, an adjustment was recorded to reflect Dex One's outstanding debt obligation at its fair value. A total discount of $120 million was recorded and was amortized as an increase to interest expense, until our next filing for bankruptcy on March 18, 2013, to effectuate the merger. As a result of filing for bankruptcy, Dex One's debt obligations were classified as liabilities subject to compromise at March 31, 2013. As discussed in Note 5, the Company recognized the remaining unamortized debt fair value adjustments associated with Dex One's debt obligations of $32 million as a reorganization item on the consolidated statement of comprehensive income (loss) for the nine months ended September 30, 2013, which resulted in the adjustment of the carrying amounts of Dex One's debt obligations, to its face value.

The filing of bankruptcy on March 18, 2013 triggered an event of default that rendered the remaining debt obligations of Dex One immediately due and payable. Any efforts to enforce the immediate payment of its debt obligations were stayed as a result of filing bankruptcy. However, since the Bankruptcy Court had the ability to approve a motion to enforce the immediate payment provisions during that time, we classified the Dex One debt obligations as current maturities of long-term debt at December 31, 2012.

Senior Secured Credit Facilities

In connection with the consummation of the Prepackaged Plans and the merger between Dex One and SuperMedia, on April 30, 2013, Dex Media entered into an amended and restated loan agreement for SuperMedia and three amended and restated loan agreements for each of Dex Media East, Inc. (“ DME”), Dex Media West, Inc. (“ DMW”) and R.H. Donnelley Inc. (“ RHDI ”) (collectively, the "senior secured credit facilities"), with named financial institutions and JPMorgan Chase Bank, N.A. as administrative agent and collateral agent under the SuperMedia, DME and DMW senior secured credit facilities, and Deutsche Bank Trust Company Americas as administrative agent and collateral agent under the RHDI senior secured credit facility.  The administrative agents and financial institutions were the administrative agents and the lenders under Dex One's and SuperMedia's pre-existing senior secured credit facilities. Please refer to the Dex One Annual Report on Form 10-K and the SuperMedia Annual Report on Form 10-K for the year ended December 31, 2012 for detailed information regarding the terms and conditions of Dex One and SuperMedia debt obligations prior to the merger.

SuperMedia Senior Secured Credit Facility

The SuperMedia senior secured credit facility interest is paid (1) with respect to any base rate loan, quarterly, and (2) with respect to any Eurodollar loan, on the last day of the interest period applicable to such borrowing, at SuperMedia's option, at either:

• With respect to base rate loans, the highest (subject to a floor of 4.00%) of (1) the prime rate, (2) the federal funds effective rate plus 0.50%, or (3) adjusted London Inter-Bank Offered Rate ("LIBOR") plus 1.00%, plus an interest rate margin of 7.60%, or

• With respect to Eurodollar loans, the higher of (1) adjusted LIBOR or (2) 3.00%, plus an interest rate margin of 8.60%. SuperMedia may elect interest periods of one, two or three months for Eurodollar borrowings.

RHDI Senior Secured Credit Facility

The RHDI senior secured credit facility interest is paid (1) with respect to any base rate loan, quarterly, and (2) with respect to any Eurodollar loan, on the last day of the interest period applicable to such borrowing (with certain exceptions for interest periods of more than three months), at RHDI's option, at either:

• With respect to base rate loans, the highest (subject to a floor of 4.00%) of (1) the prime rate, (2) the federal funds effective rate plus 0.50%, or (3) adjusted LIBOR plus 1.00%, plus an interest rate margin of 5.75%, or

• With respect to Eurodollar loans, the higher of (1) adjusted LIBOR or (2) 3.00%, plus an interest rate margin of 6.75%. RHDI may elect interest periods of one, two, three or six months for Eurodollar borrowings.

DME Senior Secured Facility

The DME senior secured credit facility interest is paid (1) with respect to any base rate loan, quarterly, and (2) with respect to any Eurodollar loan, on the last day of the interest period applicable to such borrowing (with certain exceptions for interest periods of more than three months), at DME's option, at either:

• With respect to base rate loans, the highest (subject to a floor of 4.00%) of (1) the prime rate, (2) the federal funds effective rate plus 0.50%, or (3) adjusted LIBOR plus 1.00%, plus an interest rate margin of 2.00%, or

• With respect to Eurodollar loans, the higher of (1) adjusted LIBOR or (2) 3.00%, plus an interest rate margin of 3.00%. DME may elect interest periods of one, two, three or six months for Eurodollar borrowings.

DMW Senior Secured Credit Facility

The DMW senior secured credit facility interest is paid (1) with respect to any base rate loan, quarterly, and (2) with respect to any Eurodollar loan, on the last day of the interest period applicable to such borrowing (with certain exceptions for interest periods of more than three months), at DMW's option, at either:

• With respect to base rate loans, the highest (subject to a floor of 4.00%) of (1) the prime rate, (2) the federal funds effective rate, plus 0.50%, or (3) adjusted LIBOR, plus 1.00%, plus an interest rate margin of 4.00%, or

• With respect to Eurodollar loans, the higher of (1) adjusted LIBOR or (2) 3.00%, plus an interest rate margin of 5.00%. DMW may elect interest periods of one, two, three or six months for Eurodollar borrowings.

Senior Subordinated Notes

The Company's senior subordinated notes require interest payments, payable semi-annually on March 31 and September 30 of each year. The senior subordinated notes accrue interest at 12% for cash interest payments and 14% for payments-in-kind ("PIK") interest. PIK interest represents additional indebtedness and increases the aggregate principal amount owed. The Company is required to make interest payments of 50% in cash and 50% in PIK interest until maturity of the senior secured credit facilities on December 31, 2016. For the semi-annual interest period ending March 31, 2013 and September 30, 2013, the Company made interest payments of 50% in cash and 50% in PIK interest resulting in the issuance of an additional $16 million of senior subordinated notes. The Company is restricted from making open market repurchases of its senior subordinated notes until maturity of the senior secured credit facilities on December 31, 2016.

Principal Payment Terms for Senior Secured Credit Facilities

The Company has mandatory debt principal payments due after each quarter prior to the December 31, 2016 maturity date on its outstanding senior secured credit facilities. RHDI, DME and DMW are required to pay scheduled amortization payments, plus additional prepayments at par equal to each borrower's respective Excess Cash Flow ("ECF"), multiplied by the applicable ECF Sweep Percentage as defined in the respective senior secured credit facility (60% for RHDI, 50% for DMW, and 70% in 2013 and 2014 and 60% in 2015 and 2016 for DME). SuperMedia is required to make prepayments at par in an amount equal to 67.5% of any increase in Available Cash, as defined in its senior secured credit facility. 

In addition to these principal payments, the Company may on one or more occasions use another portion of the increase in ECF or Available Cash, as applicable to repurchase debt at market prices ("Voluntary Prepayments") at a discount of face value, as defined in the respective senior secured credit facility (12.5% for SuperMedia, 20% for RHDI, 30% for DMW, and 15% in 2013 and 2014 and 20% in 2015 and 2016 for DME) as determined following the end of each quarter. These Voluntary Prepayments must be made within 180 days after the date on which financial statements are delivered to the administrative agents. If a borrower does not make such Voluntary Prepayments within the 180-day period, the Company must make a prepayment at par at the end of the quarter during which such 180-day period expires.  

Any remaining portion of ECF or Available Cash, may be used at the Company's discretion, subject to certain restrictions specified in each senior secured credit facility agreement.

2013 and 2012 Principal Payments

During the nine months ended September 30, 2013, the Company made mandatory and accelerated principal payments on its senior secured credit facilities at par of $210 million and $111 million, respectively, for total debt principal payments of $321 million. Accelerated principal payments consist of prepayments of cash flow sweep requirements under our senior secured credit facilities.

During the nine months ended September 30, 2012, the Company made debt principal payments of $401 million, which reduced the Company's debt obligations by $545 million. On March 23, 2012, the Company utilized $70 million in cash to prepay $142 million of the senior secured credit facilities. This transaction resulted in the Company recording a non-taxable gain of $69 million ($72 million gain offset by $3 million in administrative fees and other adjustments).On April 19, 2012, the Company utilized $26 million in cash to prepay $98 million of the senior subordinated notes. This transaction resulted in the Company recording a non-taxable gain of $71 million ($72 million gain offset by $1 million in administrative fees). During the nine months ended September 30, 2012, the Company also made debt principal payments, at par, of $305 million.

Debt Covenants

Each of the senior secured credit facilities described above contain certain covenants that, subject to exceptions, limit or restrict each borrower's incurrence of liens, investments (including acquisitions), sales of assets, indebtedness, payment of dividends, distributions and payments of certain indebtedness, sale and leaseback transactions, swap transactions, affiliate transactions, capital expenditures and mergers, liquidations and consolidations.  Each of the senior secured credit facilities also contain certain covenants that, subject to exceptions, limit or restrict each borrower's incurrence of liens, indebtedness, ownership of assets, sales of assets, payment of dividends or distributions or modifications of the senior subordinated notes. Each borrower is required to maintain compliance with a consolidated leverage ratio covenant and a consolidated interest coverage ratio covenant.

The senior subordinated notes contain certain covenants that, subject to certain exceptions, among other things, limit or restrict the Company's (and, in certain cases, the Company's restricted subsidiaries) incurrence of indebtedness, making of certain restricted payments, incurrence of liens, entry into transactions with affiliates, conduct of its business and the merger, consolidation or sale of all or substantially all of its property.

As of September 30, 2013, the Company is in compliance with all of the covenants associated with its senior secured credit facilities and senior subordinated notes.

Guarantees

Each of the senior secured credit facilities are separate facilities with no cross guarantees or collateralization provision among the entities, subject to certain exceptions. The Shared Guarantee and Collateral agreement has certain cross guarantee and collaterization provisions among RHDI, DME and DMW, but excludes SuperMedia. However, an event of default by one of the entities could trigger a call on the applicable guarantor. An event of default by a guarantor on a guarantee obligation could be an event of default under the applicable credit facility, and if demand is made under the guarantee and the creditor accelerates the indebtedness, failure to satisfy such claims in full would in turn trigger a default under all of the other credit facilities. A subordinated guarantee also provides that SuperMedia, RHDI, DME and DMW guarantees the obligations of the other such entities, including SuperMedia, provided that no claim may be made on such guarantee until the senior secured debt of such entity is satisfied and discharged.

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Business and Basis of Presentation - Reclassifications (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Schedule of Reclassifications [Line Items]
Selling	$ 113	$ 68	$ 273	$ 213
Cost of service	130	89	338	272
General & administrative	54	31	154	94
Total		188		579
As Previously Reported
Schedule of Reclassifications [Line Items]
Selling		85		270
Cost of service		70		215
General & administrative		33		94
Total		188		579
Reclassifications
Schedule of Reclassifications [Line Items]
Selling		(17)		(57)
Cost of service		19		57
General & administrative		(2)		0
Total		$ 0		$ 0

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Additional Financial Information Fair Value of Financial Instruments (Details) (USD $)	0 Months Ended
	Apr. 30, 2013	Sep. 30, 2013	Dec. 31, 2012
Fair Values of Financial Instruments
Total debt obligations, carrying value		$ 2,851,000,000	$ 2,010,000,000
Carrying Amount
Fair Values of Financial Instruments
Total debt obligations, carrying value		2,851,000,000	2,010,000,000
Fair Value
Fair Values of Financial Instruments
Total debt obligations, fair value		2,421,000,000	1,330,000,000
Recurring | Level 2
Fair Values of Financial Instruments
Money market funds		81,000,000	3,000,000
Certificates of deposit		10,000,000	2,000,000
Senior Subordinated Notes
Fair Values of Financial Instruments
Total debt obligations, carrying value		236,000,000	220,000,000
Senior Subordinated Notes | Carrying Amount
Fair Values of Financial Instruments
Total debt obligations, carrying value		236,000,000	220,000,000
Senior Subordinated Notes | Fair Value
Fair Values of Financial Instruments
Total debt obligations, fair value		155,000,000	73,000,000
Super Media Amended and Restated Credit Facility | Amended and Restated Credit Facility
Fair Values of Financial Instruments
Total debt obligations, carrying value		1,023,000,000	0
Total debt obligations, fair value	1,082,000,000
Outstanding debt, face value	1,442,000,000
Acquisition accounting, debt discount	360,000,000
Super Media Amended and Restated Credit Facility | Amended and Restated Credit Facility | Carrying Amount
Fair Values of Financial Instruments
Total debt obligations, carrying value		1,023,000,000	0
Super Media Amended and Restated Credit Facility | Amended and Restated Credit Facility | Fair Value
Fair Values of Financial Instruments
Total debt obligations, fair value		1,049,000,000	0
RHDI Amended and Restated Credit Facility | Amended and Restated Credit Facility
Fair Values of Financial Instruments
Total debt obligations, carrying value		708,000,000	776,000,000
RHDI Amended and Restated Credit Facility | Amended and Restated Credit Facility | Carrying Amount
Fair Values of Financial Instruments
Total debt obligations, carrying value		708,000,000	776,000,000
RHDI Amended and Restated Credit Facility | Amended and Restated Credit Facility | Fair Value
Fair Values of Financial Instruments
Total debt obligations, fair value		515,000,000	528,000,000
Dex Media East Amended and Restated Credit Facility | Amended and Restated Credit Facility
Fair Values of Financial Instruments
Total debt obligations, carrying value		455,000,000	516,000,000
Dex Media East Amended and Restated Credit Facility | Amended and Restated Credit Facility | Carrying Amount
Fair Values of Financial Instruments
Total debt obligations, carrying value		455,000,000	516,000,000
Dex Media East Amended and Restated Credit Facility | Amended and Restated Credit Facility | Fair Value
Fair Values of Financial Instruments
Total debt obligations, fair value		345,000,000	360,000,000
Dex Media West Amended and Restated Credit Facility | Amended and Restated Credit Facility
Fair Values of Financial Instruments
Total debt obligations, carrying value		429,000,000	498,000,000
Dex Media West Amended and Restated Credit Facility | Amended and Restated Credit Facility | Carrying Amount
Fair Values of Financial Instruments
Total debt obligations, carrying value		429,000,000	498,000,000
Dex Media West Amended and Restated Credit Facility | Amended and Restated Credit Facility | Fair Value
Fair Values of Financial Instruments
Total debt obligations, fair value		$ 357,000,000	$ 369,000,000

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Income Taxes

9 Months Ended

Sep. 30, 2013

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

Income taxes have been provided for in the accompanying consolidated financial statements on the basis of an estimated annual effective tax rate, adjusted for the items considered discrete for the periods presented.

The Company recorded income taxes based on an anticipated annual effective tax rate, including the impact of discrete tax benefits, of approximately 45% for 2013. This estimated annual effective tax rate, inclusive of discrete tax benefits, differs from the statutory rate primarily due to reductions in recorded valuation allowances, reductions in certain deferred tax liabilities, lapsing of various uncertain tax positions due to expiration of the statute of limitations in various jurisdictions and changes in state tax apportionment. Excluding the lapsing of various uncertain tax positions, these tax benefits are primarily associated with the merger with SuperMedia which resulted in the availability of deferred tax liabilities to support the future realization of deferred tax assets in certain tax jurisdictions and changes in state tax apportionment. Without the reductions in the recorded valuation allowance, lapsing of uncertain tax positions, reductions in certain deferred tax liabilities and changes in state tax apportionment, our anticipated annual effective tax rate, inclusive of discrete items, would approximate 35% for 2013. Our estimated annual effective tax rate for 2013 may be subject to change in future periods.

The annual effective tax rate of 10% for the year ended December 31, 2012 differed from the statutory rate primarily due to changes in recorded valuation allowances, the impact of state income taxes, changes in certain deferred tax liabilities, and the impact of non-deductible interest expense related to our debt obligations.

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Intangible Assets

9 Months Ended

Sep. 30, 2013

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Intangible Assets

Intangible Assets

The following table sets forth the details of the Company's intangible assets at September 30, 2013 and December 31, 2012.

	At September 30, 2013						At December 31, 2012
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
	(in millions)
Directory services agreements	$	1,475	$	579	$	896	$	1,330	$	363	$	967
Client relationships	1,155		413		742		735		217		518
Trademarks and domain names	440		140		300		380		84		296
Patented technologies	85		37		48		75		30		45
Advertising commitment	11		6		5		11		4		7
Total intangible assets	$	3,166	$	1,175	$	1,991	$	2,531	$	698	$	1,833

Included in the above amounts at September 30, 2013 are the intangible assets acquired as a result of the merger with SuperMedia on April 30, 2013. For additional information related to the acquisition of SuperMedia's intangible assets, see Note 2.

As a result of the merger and emergence from bankruptcy, the Company performed an evaluation of the carrying value of its existing intangible assets for each reporting unit as of April 30, 2013, the date of the merger. The Company determined that the carrying values of its existing intangible assets remain recoverable and were not impaired.

The Company also evaluated the estimated remaining useful lives of its intangible assets as of April 30, 2013 and concluded that the estimated remaining useful lives needed to be shortened to properly reflect the remaining period that each intangible asset is expected to contribute to future cash flows. To determine the amount to amortize in each year of their estimated remaining useful lives, the Company used the income forecast method, which is an accelerated amortization method that assumes the remaining value of these intangible assets is greater in the earlier years and then steadily declines over time based on expected future cash flows. The changes to the estimated remaining useful lives are reflected in the following table:

	Estimated Remaining Useful Lives
	Previous	Revised
Directory services agreements	9 years	5 years
Client relationships	8 years	4 years
Trademarks and domain names	8 years	6 years
Patented technologies	5 years	5 years
Advertising commitment	5 years	3 years

Amortization expense for intangible assets was $226 million and $477 million for the three and nine months endedSeptember 30, 2013, respectively. Amortization expense for intangible assets was $87 million and $262 million for the three and nine months endedSeptember 30, 2012, respectively. The nine months ended September 30, 2013 intangible asset amortization expense was impacted by the inclusion of SuperMedia's May 1, 2013 through September 30, 2013 amortization expense of $110 million. For the three months ended September 30, 2013 SuperMedia intangible asset amortization expense impact was $66 million. Additionally, amortization expense related to Dex One existing intangibles assets increased $73 million and $105 million for the three and nine months endedSeptember 30, 2013, respectively, primarily due to the change in estimated remaining useful lives.

The annual amortization expense for intangible assets is estimated to be $703 million in 2013, $768 million in 2014, $514 million in 2015, $310 million in 2016, $141 million in 2017, and $32 million thereafter.

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Acquisition Accounting

9 Months Ended

Sep. 30, 2013

Business Combinations [Abstract]

Acquisition Accounting

Acquisition Accounting

On April 30, 2013, the merger of Dex One and SuperMedia was consummated, with 100% of the equity of SuperMedia being exchanged for $82 million of equity in Dex Media. The transaction brings together two companies with complementary operations and capabilities, which will provide Dex Media with increased scale, national scope, market share, financial base and a diversified services portfolio necessary to increase stockholder value, enhance value to clients, reduce debt, increase cost efficiencies and stabilize revenue. There can be no assurances that all of the potential benefits of the merger will be fully realized.

We accounted for the business combination using the acquisition method of accounting in accordance with ASC 805, “Business Combinations”, with Dex One identified as the acquiring entity for accounting purposes. Dex One is considered the acquiring entity for accounting purposes based on certain criteria including, but not limited to, the fact that (1) upon consummation of the merger, Dex One stockholders held approximately 60% of the common stock of Dex Media as compared to approximately 40% held by SuperMedia stockholders and (2) Dex One's chairman of the board of directors continued as the chairman of the board of directors of Dex Media.

We have prepared the appraisals necessary to assess the fair values of the SuperMedia tangible and intangible assets acquired and liabilities assumed, and goodwill, which represents the excess of the purchase price over the fair value of the net tangible and intangible assets acquired, recognized as of the acquisition date. The income approach was utilized in determining the fair value of the intangible assets, which consist of directory services agreements with certain local telephone service providers, client relationships, trademarks and domain names, and patented technologies. The market approach was utilized to determine the fair value of SuperMedia's debt obligations. While we have used our best estimates and assumptions to measure the fair value of the assets acquired and liabilities assumed, our estimates and related tax impacts for certain acquired assets and liabilities could be subject to refinement. As a result, during the measurement period, not to exceed one year from the date of acquisition, changes in our estimates and related tax impacts could result in an adjustment to goodwill. Upon conclusion of the measurement period, subsequent adjustments, if any, would be recorded to the Company's consolidated statements of comprehensive income (loss).

Purchase Price Allocation

Fair value of assets acquired	(in millions)
Cash and cash equivalents	$	154
Accounts receivable	104
Unbilled accounts receivable	316
Other current assets	64
Fixed assets and capitalized software	42
Intangible assets	635
Goodwill	396
Pension assets	58
Other non-current assets	4
Total fair value of assets acquired	$	1,773
Fair value of liabilities acquired
Accounts payable and accrued liabilities	$	114
Long-term debt (including current maturities)	1,082
Employee benefit obligations	99
Unrecognized tax benefits	45
Deferred tax liabilities	351
Total fair value of liabilities acquired	$	1,691
Total allocable purchase price	$	82

Common Stock

The Merger Agreement provided that each issued and outstanding share of SuperMedia common stock be converted into the right to receive 0.4386 shares of Dex Media common stock. As of April 30, 2013, 15.6 million shares of SuperMedia common stock were issued and outstanding, which resulted in the issuance of 6.9 million shares of Dex Media common stock. Dex One stockholders received 0.2 shares of Dex Media common stock for each share of Dex One common stock that they owned, which reflects a 1-for-5 reverse stock split of Dex One common stock. The closing trading price of Dex One common stock on April 30, 2013 of $2.38, when adjusted for the 1-for-5 reverse stock split equated to a Dex Media common stock value of $11.90 per share. The 6.9 million Dex Media shares issued to former SuperMedia stockholders at the converted $11.90 per share price equated to a fair value of common stock issued of $82 million.

Long-term debt including current maturities

As a result of acquisition accounting, SuperMedia's outstanding debt was adjusted to a fair value of $1,082 million, from its face value of $1,442 million, resulting in a discount of $360 million being recognized. The discount will be amortized to interest expense over the remaining term of the SuperMedia senior secured credit facilities using the effective interest method.

Intangible Assets and Goodwill

The fair value of intangible assets acquired of $635 million was determined using valuation techniques consistent with the income approach to measure fair value. The directory services agreements with certain local telephone service providers and client relationships were valued utilizing the excess earnings approach. The excess earnings attributable to the directory services agreements and client relationships were discounted utilizing a weighted average cost of capital of 21%. The trademark and domain names and patented technologies were valued utilizing the relief from royalty approach. The estimated remaining useful lives were estimated based on the future economic benefit to be received from the assets. The intangible assets will be amortized utilizing the income forecast method, which is an accelerated amortization method that assumes the value derived from these intangible assets is greater in the earlier years and steadily declines over time based on expected future cash flows.

The following table sets forth the components of the intangible assets acquired.

	Fair Value		Estimated Remaining Useful Lives
	(in millions)
Directory services agreements	$	145	5 years
Client relationships	420		4 years
Trademarks and domain names	60		6 years
Patented technologies	10		5 years
Total fair value of intangible assets acquired	$	635

The goodwill of $396 million that was recorded as part of the acquisition represents the expected synergies and residual benefits that Dex Media believes will result from the combined operations. The Company has determined that the $396 million of acquired goodwill is not deductible for tax purposes.

Deferred Revenue, Deferred Directory Costs, and Unbilled Accounts Receivable

Prior to the merger with Dex One, SuperMedia had $386 million of deferred revenue and $122 million of deferred directory costs on its consolidated balance sheet. As a result of acquisition accounting, the fair value of deferred revenue at April 30, 2013 for SuperMedia was determined to have no value, equating to $386 million of revenue that would have been amortized by SuperMedia from May 2013 through April 2014, that will not be recognized by Dex Media. SuperMedia has minimal, if any, remaining performance obligations related to its clients who have previously contracted for advertising, thus, no value was assigned to its deferred revenue. The fair value of deferred directory costs as of April 30, 2013 for SuperMedia was determined to have no value, other than paper held in inventory and prepayments associated with future publications. These costs do not have any future value since SuperMedia has already incurred the costs to produce the clients' advertising and does not anticipate to incur any significant additional costs associated with those published directories. This equates to $93 million of cost that would have been amortized by SuperMedia from May 2013 through April 2014, that will not be recognized by Dex Media. The exclusion of these results from the consolidated statements of comprehensive income (loss) of Dex Media, will not impact our future cash flows.

In connection with acquisition accounting, the fair value of SuperMedia's unbilled accounts receivable was determined to be $316 million. Unbilled accounts receivable represents amounts that are not billable at the balance sheet date, but are billed over the remaining life of the clients' advertising contracts.

Results of SuperMedia

As a result of acquisition accounting, SuperMedia's historical results through April 30, 2013 have not been included in the Company's consolidated results. SuperMedia's post-merger results from May 1, 2013 through September 30, 2013 are included in the consolidated financial statements of the Company, representing operating revenue of $193 million, ($157) million of operating (loss) and ($153) million net (loss). For the three months ended September 30, 2013 these results were operating revenue of $132 million, ($70) million operating (loss) and ($60) million net (loss).

Merger Transaction Costs

The Company has cumulatively incurred $41 million of merger transaction costs as of September 30, 2013. Of this amount, $8 million represents deferred financing costs associated with the amendments of Dex One's senior secured credit facilities. This amount was recorded to other assets on the Company's consolidated balance sheet and will be amortized to interest expense over the remaining term of the related Dex One senior secured credit facilities using the effective interest method. The remainder of these costs, which include one-time costs associated with investment bankers, legal, and professional fees, were expensed as part of general and administrative expense on the Company's consolidated statements of comprehensive income (loss). Of these costs, $2 million and $21 million were incurred and expensed during the three and nine months ended September 30, 2013, respectively. For additional information on merger related costs, see Note 3.

Pro Forma Information

The unaudited pro forma information below presents the combined operating results of Dex Media, with results prior to the acquisition date adjusted, as if the transaction had occurred January 1, 2012. These pro forma adjustments include adjustments associated with the amortization of the acquired intangible assets, the elimination of merger transaction costs, the impacts of the adjustment to interest expense to reflect the incremental change in interest rates associated with credit facility interest rate amendments, the amortization of deferred financing costs associated with Dex One and the amortization of the long-term debt fair value adjustment to SuperMedia's senior secured credit facility. The 2012 pro forma results have also been adjusted to exclude the estimated impact to revenue and expense of SuperMedia's deferred revenue and deferred directory costs and bad debt provision associated with directories published prior to the transaction that, due to acquisition accounting, would not have been recognized during 2012 assuming the transaction had occurred on January 1, 2012. The 2013 pro forma results have been adjusted to include the operating results of SuperMedia from January 1, 2013 to April 30, 2013 and the impact to revenue and expense associated with SuperMedia's deferred revenue and deferred directory cost estimates associated with directories published between January 1, 2013 and April 30, 2013, which were written off as a result of acquisition accounting as of April 30, 2013.

The historical financial information has been adjusted to give effect to pro forma events that are (1) directly attributable to the acquisition, (2) factually supportable and (3) expected to have a continuing impact on the combined results of Dex One and SuperMedia. The unaudited pro forma results below are presented for illustrative purposes only and do not reflect the realization of potential cost savings. These pro forma results do not purport to be indicative of the results that would have actually been obtained if the merger had occurred on January 1, 2012, nor does the pro forma data intend to be a projection of results that may be obtained in the future.

Unaudited Pro Forma Results

	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
	(in millions)
Operating revenue	$	537		$	551		$	1,686		$	1,507
Net (loss)	$	(59	)	$	(43	)	$	(108	)	$	(81	)

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Employee Benefits (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Components of net periodic cost (income)
Settlement loss			$ 0	$ (2)
Other post-employment benefit expense			1
Savings plan expenses	3	3	9	8
Pension
Components of net periodic cost (income)
Service cost	1	0	1	0
Interest cost	7	3	15	8
Expected return on plan assets	(11)	(4)	(22)	(10)
Settlement loss	0	0	0	2
Amortization of net loss	1	0	2	0
Net periodic cost (income)	(2)	(1)	(4)	0
Qualified Pension Plan
Components of net periodic cost (income)
Cash contributions	1	5	3	14
Estimated employer contributions in current year			$ 4
Non Qualified Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Number of pension plans	2		2

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Acquisition Accounting Purchase Price Allocation (Details) (USD $) In Millions, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012	Apr. 30, 2013 Super Media, Inc.
Fair value of assets acquired
Cash and cash equivalents			$ 154
Accounts receivable			104
Unbilled accounts receivable			316
Other current assets			64
Fixed assets and capitalized software			42
Intangible assets			635
Goodwill	396	0	396
Pension assets			58
Other non-current assets			4
Total fair value of assets acquired			1,773
Fair value of liabilities acquired
Accounts payable and accrued liabilities			114
Long-term debt (including current maturities)			1,082
Employee benefit obligations			99
Unrecognized tax benefits			45
Deferred tax liabilities			351
Total fair value of liabilities acquired			1,691
Total allocable purchase price			$ 82

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Business and Basis of Presentation (Tables)

9 Months Ended

Sep. 30, 2013

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Expense Reclassifications

The following tables show the reclassifications by expense line item.

	Three Months Ended September 30, 2012,
	As Previously Reported		Reclassifications			As Currently Reported
	(in millions)
Selling	$	85	$	(17	)	$	68
Cost of service	70		19			89
General & administrative	33		(2		)	31
Total	$	188	$	—		$	188

	Nine Months Ended September 30, 2012,
	As Previously Reported		Reclassifications			As Currently Reported
	(in millions)
Selling	$	270	$	(57	)	$	213
Cost of service	215		57			272
General & administrative	94		—			94
Total	$	579	$	—		$	579

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Stock-Based Compensation

9 Months Ended

Sep. 30, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Compensation

Stock-Based Compensation

Stock-Based Compensation Expense

The Dex Media, Inc. Equity Incentive Plan and the Dex Media, Inc. Amended and Restated Long-Term Incentive Plan ("Plans") provide for several forms of incentive awards to be granted to designated eligible employees, non-management directors, consultants and independent contractors providing services to the Company. As of April 30, 2013, the maximum number of shares of Dex Media common stock authorized for issuance under the Plans is 1,264,911. During 2013, the Company granted equity awards under the Plans.

Impact of Merger on Equity Compensation Plans

The Merger Agreement specified how equity compensation awards issued by Dex One prior to completion of the merger with SuperMedia would be treated. If the closing price of Dex One common stock on the day before the closing date of the merger was less than or equal to the strike price for an option, such option was considered "underwater" and was canceled for no value. If the Dex One closing price exceeded the strike price, such options were considered "in the money" and converted into a fully-vested option, subject to the modifications to both the number of shares that could be acquired upon exercise of the option and the per share exercise price resulting from the 1-for-5 reverse split. All stock appreciation rights were underwater at the time of the merger and were therefore canceled. Each share of restricted stock was converted into 0.2 shares of Dex Media common stock. Each restricted stock unit denominated in shares of Dex One stock that was unsettled, became vested and converted into the right to receive a number of shares of Dex Media common stock equal to the number of stock units multiplied by the 0.2 conversion rate. As a result of these merger related stock transactions, the Company accelerated $2 million of expense related to these awards during the three months ended June 30, 2013.

Restricted Stock

The Plans provide for grants of restricted stock.  These awards are classified as equity awards based on the criteria established by the applicable accounting rules for stock-based compensation. The fair value of the restricted stock awards was determined based on the price of Dex Media common stock on the date of grant.

On September 5, 2013, certain employees were granted restricted stock awards of 342,724 that cliff vest on December 31, 2015.  Grant award recipients would receive all regular cash dividends if the Company were to declare dividends.

All unvested shares of restricted stock will immediately terminate upon the employee's termination of employment with the Company on or before December 31, 2015 except that the Compensation and Benefits Committee of the Board of Directors, at its sole option and election, may permit the accelerated vesting of the award. In the event of the employee's termination of service by the Company without cause or by the employee for good reason within six months prior to or two years following a change in control (as defined in the applicable award agreement), any unvested restricted stock will become fully vested on the date of such termination (or the date of the change in control, if such termination occurs within six months prior to such change in control).

A portion of the cost related to these awards is included in the Company's compensation expense for the three and nine months ended September 30, 2013.

Stock Options

The Plans provide for grants of stock options. These awards are classified as equity awards based on the criteria established bythe applicable accounting rules for stock-based compensation.

On September 5, 2013, certain employees were granted stock option awards of 430,600 that vest over four years in equal installments on the first, second, third, and fourth anniversaries of the grant date and have a 10 year term from the date of grant.

A stock option holder may pay the option exercise price in cash by delivering unrestricted shares to the Company having a value at the time of exercise equal to the exercise price, by a cashless broker-assisted exercise, by a combination of these methods or by any other method approved by the Compensation and Benefits Committee of the Company's Board of Directors. Options may not be re-priced without the approval of the Company's stockholders.

If the employee's employment with the Company terminates by reason of the Company's termination of the employee's employment other than for cause, or the employee's resignation from employment, then in any such case, stock options shall be vested only to the extent they are vested on the effective date of such termination of employment or resignation.

If the employee's employment with the Company terminates by reason of the Company's termination of the employee's employment for cause, then stock options, whether or not vested, shall terminate immediately upon such termination of employment.

In the event of the employee's termination of service with the Company by the Company without cause or by the employee for good reason within six months prior to or two years following a change in control (as defined in the applicable award agreement), any unvested portion of the options shall become fully vested on the date of such termination (or the date of the change in control, if such termination occurs within six months prior to such change in control).

The fair value of each option award is estimated on the grant date using the Black-Scholes option pricing model.  The model incorporates assumptions regarding inputs as follows:

ŸExpected volatility is a blend of the implied volatility of Dex Media common stock as of the grant date, the historical volatility of Dex Media common stock over its history, and the historical volatility of ten of Dex Media's peers;

ŸExpected life is calculated based on the average life of the remaining vesting term and the remaining contractual life of each award; and

Ÿ The risk-free interest rate is determined using the U.S. Treasury zero-coupon issue with a remaining term equal to the expected life of the option.

A portion of the cost related to these stock option awards is included in the Company's compensation expense for the three and nine months ended September 30, 2013.

Stock-Based Compensation Expense

The following table sets forth stock-based compensation expense recognized for the three and nine months endedSeptember 30, 2013 and 2012. Of the 2013 amount, $2 million was included as part of merger transaction costs. These costs were recorded as part of general and administrative expense on the Company's consolidated statements of comprehensive income (loss).

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
	(in millions)
Stock-based compensation expense	$	1	$	1	$	4	$	4

As of September 30, 2013, unrecognized compensation expense related to the unvested portion of the Company's restricted stock and stock option awards was approximately $5 million, and is expected to be recognized over a weighted-average period of approximately 3.3 years.

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Earnings (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2013

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earnings Per Share

The calculation of basic and diluted earnings (loss) per share (“EPS”) is presented below.

	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
	(in millions, except per share amounts)
Basic EPS
Net income (loss)	$	(132	)	$	(13	)	$	(259	)	$	98
Weighted average common shares outstanding	17.2			10.2			14.1			10.1
Basic EPS	(7.66		)	(1.25		)	(18.29		)	9.68
Diluted EPS
Net income (loss)	$	(132	)	$	(13	)	$	(259	)	$	98
Weighted average common shares outstanding	17.2			10.2			14.1			10.1
Dilutive effect of stock awards	—			—			—			—
Weighted average diluted shares outstanding	17.2			10.2			14.1			10.1
Diluted EPS	$	(7.66	)	$	(1.25	)	$	(18.29	)	$	9.68

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Acquisition Accounting (Tables)

9 Months Ended

Sep. 30, 2013

Business Combinations [Abstract]

Purchase Price Allocation

Purchase Price Allocation

Fair value of assets acquired	(in millions)
Cash and cash equivalents	$	154
Accounts receivable	104
Unbilled accounts receivable	316
Other current assets	64
Fixed assets and capitalized software	42
Intangible assets	635
Goodwill	396
Pension assets	58
Other non-current assets	4
Total fair value of assets acquired	$	1,773
Fair value of liabilities acquired
Accounts payable and accrued liabilities	$	114
Long-term debt (including current maturities)	1,082
Employee benefit obligations	99
Unrecognized tax benefits	45
Deferred tax liabilities	351
Total fair value of liabilities acquired	$	1,691
Total allocable purchase price	$	82

Components of Intangible Assets

The following table sets forth the components of the intangible assets acquired.

	Fair Value		Estimated Remaining Useful Lives
	(in millions)
Directory services agreements	$	145	5 years
Client relationships	420		4 years
Trademarks and domain names	60		6 years
Patented technologies	10		5 years
Total fair value of intangible assets acquired	$	635

Pro Forma Information

Unaudited Pro Forma Results

	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
	(in millions)
Operating revenue	$	537		$	551		$	1,686		$	1,507
Net (loss)	$	(59	)	$	(43	)	$	(108	)	$	(81	)

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Document and Entity Information	9 Months Ended
	Sep. 30, 2013	Nov. 01, 2013
Document and Entity Information [Abstract]
Entity Registrant Name	DEX MEDIA, INC.
Entity Central Index Key	0001556739
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Document Type	10-Q
Document Period End Date	Sep. 30, 2013
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		17,600,150

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Merger Transaction and Integration Costs (Tables)

9 Months Ended

Sep. 30, 2013

Business Combinations [Abstract]

Merger Transaction and Integration Costs

The following table sets forth merger transaction and integration costs recognized for the three and nine months endedSeptember 30, 2013, and 2012.

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
	(in millions)
Merger transaction costs	$	2	$	4	$	21	$	4
Merger integration costs	13		—		41		—
Total merger related costs	$	15	$	4	$	62	$	4