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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
OPERATING REVENUES $ 4,398 $ 4,419 $ 8,799 $ 8,870
OPERATING EXPENSES        
Cost of services and products (exclusive of depreciation and amortization) 1,949 1,959 3,849 3,870
Selling, general and administrative 812 863 1,643 1,714
Depreciation and amortization 987 1,048 1,963 2,088
Total operating expenses 3,748 3,870 7,455 7,672
OPERATING INCOME 650 549 1,344 1,198
OTHER (EXPENSE) INCOME        
Interest expense (340) (327) (671) (655)
Other income, net 7 12 24 14
Total other expense, net (333) (315) (647) (641)
INCOME BEFORE INCOME TAX EXPENSE 317 234 697 557
Income tax expense 121 91 265 222
Net income $ 196 $ 143 $ 432 $ 335
BASIC AND DILUTED EARNINGS PER COMMON SHARE        
BASIC (in dollars per share) $ 0.36 $ 0.26 $ 0.80 $ 0.60
DILUTED (in dollars per share) 0.36 0.26 0.80 0.60
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 0.54 $ 0.54 $ 1.08 $ 1.08
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING        
BASIC (in shares) 539,627 558,640 539,213 560,304
DILUTED (in shares) 540,375 559,220 540,281 561,362