XML 16 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
OPERATING REVENUE $ 5,167 $ 5,350 $ 15,587 $ 16,152
OPERATING EXPENSES        
Cost of services and products (exclusive of depreciation and amortization) 2,236 2,334 6,703 6,877
Selling, general and administrative 850 831 2,598 2,723
Depreciation and amortization 1,193 1,235 3,515 3,619
Goodwill impairment 0 0 0 6,506
Total operating expenses 4,279 4,400 12,816 19,725
OPERATING INCOME (LOSS) 888 950 2,771 (3,573)
OTHER (EXPENSE) INCOME        
Interest expense (409) (496) (1,272) (1,537)
Other income (loss), net 1 (44) (73) (5)
Total other expense, net (408) (540) (1,345) (1,542)
INCOME (LOSS) BEFORE INCOME TAXES 480 410 1,426 (5,115)
Income tax expense 114 108 369 377
NET INCOME (LOSS) $ 366 $ 302 $ 1,057 $ (5,492)
BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE        
BASIC (in dollars per share) $ 0.34 $ 0.28 $ 0.98 $ (5.13)
DILUTED (in dollars per share) $ 0.34 $ 0.28 $ 0.98 $ (5.13)
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING        
BASIC (in shares) 1,080,505 1,072,543 1,078,672 1,070,921
DILUTED (in shares) 1,085,666 1,074,790 1,083,368 1,070,921