XML 55 R44.htm IDEA: XBRL DOCUMENT v3.22.2
Recently Completed Divestiture of the Latin American Business and Planned Divestiture of ILEC Businesses - Components of Held for Sale Assets and Liabilities (Details) - USD ($)
$ in Millions
Jun. 30, 2022
Jan. 01, 2022
Dec. 31, 2021
Aug. 03, 2021
Jun. 30, 2021
Assets held for sale          
Cash and cash equivalents $ 48       $ 0
Other current assets $ 121   $ 126    
Senior notes | Embarq          
Liabilities held for sale          
Stated interest rate 7.995%   7.995%    
ILEC Business | Defined Benefit Plan, Funded Plan          
Liabilities held for sale          
Pension liability $ 2,500 $ 2,500 $ 2,500    
ILEC Business | Defined Benefit Plan, Funded through Transfer of Plan Assets          
Liabilities held for sale          
Pension liability   $ 2,200      
Disposal Group, Held-for-sale, Not Discontinued Operations          
Assets held for sale          
Cash and cash equivalents 48   40    
Accounts receivable, less allowance of $2, $17, $19, $3, $21 and $24 291   310    
Other current assets 121   126    
Property, plant and equipment, net accumulated depreciation of $431, $8,251, $8,682, $434, $8,303 and $8,737 5,296   5,082    
Goodwill 2,827   2,854    
Other intangible assets, net 288   284    
Other non-current assets 125   113    
Total assets held for sale 8,996   8,809    
Liabilities held for sale          
Accounts payable 166   165    
Salaries and benefits 42   48    
Income and other taxes 66   51    
Interest 10   10    
Current portion of deferred revenue 108   116    
Other current liabilities 33   42    
Long-term debt, net of discounts 1,395   1,377    
Deferred income taxes, net 149   129    
Pension and other post-retirement benefits 59   58    
Other non-current liabilities 219   261    
Total liabilities held for sale 2,247   2,257    
Allowance for doubtful accounts 19   24    
Accumulated depreciation 8,682   8,737    
Long-term finance lease obligations 73   57    
Disposal Group, Held-for-sale, Not Discontinued Operations | Senior notes | Embarq          
Liabilities held for sale          
Long-term debt, net of discounts 1,400   1,400 $ 1,400  
Unamortized discount 115   117    
Disposal Group, Held-for-sale, Not Discontinued Operations | Latin American Business          
Assets held for sale          
Cash and cash equivalents 48   39    
Accounts receivable, less allowance of $2, $17, $19, $3, $21 and $24 94   83    
Other current assets 79   81    
Property, plant and equipment, net accumulated depreciation of $431, $8,251, $8,682, $434, $8,303 and $8,737 1,714   1,591    
Goodwill 246   239    
Other intangible assets, net 130   126    
Other non-current assets 80   75    
Total assets held for sale 2,391   2,234    
Liabilities held for sale          
Accounts payable 110   101    
Salaries and benefits 21   23    
Income and other taxes 37   27    
Interest 0   0    
Current portion of deferred revenue 27   26    
Other current liabilities 7   7    
Long-term debt, net of discounts 0   0    
Deferred income taxes, net 149   129    
Pension and other post-retirement benefits 3   2    
Other non-current liabilities 125   120    
Total liabilities held for sale 479   435    
Allowance for doubtful accounts 2   3    
Accumulated depreciation 431   434    
Disposal Group, Held-for-sale, Not Discontinued Operations | ILEC Business          
Assets held for sale          
Cash and cash equivalents 0   1    
Accounts receivable, less allowance of $2, $17, $19, $3, $21 and $24 197   227    
Other current assets 42   45    
Property, plant and equipment, net accumulated depreciation of $431, $8,251, $8,682, $434, $8,303 and $8,737 3,582   3,491    
Goodwill 2,581   2,615    
Other intangible assets, net 158   158    
Other non-current assets 45   38    
Total assets held for sale 6,605   6,575    
Liabilities held for sale          
Accounts payable 56   64    
Salaries and benefits 21   25    
Income and other taxes 29   24    
Interest 10   10    
Current portion of deferred revenue 81   90    
Other current liabilities 26   35    
Long-term debt, net of discounts 1,395   1,377    
Deferred income taxes, net 0   0    
Pension and other post-retirement benefits 56   56    
Other non-current liabilities 94   141    
Total liabilities held for sale 1,768   1,822    
Allowance for doubtful accounts 17   21    
Accumulated depreciation $ 8,251   $ 8,303