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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current Assets    
Cash and cash equivalents $ 156 $ 172
Accounts receivable, net of allowances of $26 and $20 218 99
Deferred directory costs 183 100
Deferred tax assets 9 45
Prepaid expenses and other 27 37
Assets held for sale 16 0
Total current assets 609 453
Fixed assets and capitalized software, net 106 105
Goodwill 315 0
Intangible assets, net 1,381 1,833
Pension assets 41 0
Other non‑current assets 12 20
Total Assets 2,464 2,411
Current Liabilities    
Current maturities of long-term debt 154 2,010
Accounts payable and accrued liabilities 166 95
Accrued interest 20 19
Deferred revenue 126 122
Total current liabilities 466 2,246
Long-term debt 2,521 0
Employee benefit obligations 132 78
Deferred tax liabilities 28 59
Unrecognized tax benefits 19 6
Other liabilities 1 2
Shareholders' Equity (Deficit)    
Common stock, par value $.001 per share, authorized – 300,000,000 shares; issued and outstanding – 17,601,520 shares at December 31, 2013 and 10,176,988 shares at December 31, 2012 0 0
Additional paid-in capital 1,551 1,465
Retained (deficit) (2,220) (1,401)
Accumulated other comprehensive (loss) (34) (44)
Total shareholders' equity (deficit) (703) 20
Total Liabilities and Shareholders' Equity (Deficit) $ 2,464 $ 2,411