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	)