Acquisitions (Tables)

12 Months Ended

Dec. 31, 2013

Acquisitions

Schedule of acquisition related expenses, consisting primarily of integration and severance

The table below summarizes our expenses related to our acquisitions, which consist primarily of integration and severance expenses:

	Years Ended December 31,
	2013		2012	2011
	(Dollars in millions)
Acquisition-related expenses	$	53	83	467

Combined pro forma financial information results of CenturyLink related to Qwest and Savvis acquisitions

The following unaudited pro forma financial information presents the combined results of CenturyLink as if the Qwest and Savvis acquisitions had been consummated as of January 1, 2011.

	Year Ended  December 31, 2011
	(Dollars in  millions)
Operating revenues	$	18,692
Net income	601
Basic earnings per common share	0.97
Diluted earnings per common share	0.97

Savvis

Acquisitions

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The following was our assignment of the aggregate consideration:

	July 15, 2011
	(Dollars in millions)
Cash, accounts receivable and other current assets*	$	214
Property, plant and equipment	1,367
Identifiable intangible assets
Customer relationships	739
Other	51
Other noncurrent assets	27
Current liabilities, excluding current maturities of long-term debt	(129		)
Current maturities of long-term debt	(38		)
Long-term debt	(840		)
Deferred credits and other liabilities	(344		)
Goodwill	1,335
Aggregate consideration	$	2,382

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* Includes estimated fair value of $90 million for accounts receivable which had gross contractual value of $101 million on July 15, 2011. The $11 million difference between the gross contractual value and the estimated fair value assigned represents our best estimate as of July 15, 2011 of contractual cash flows that would not be collected.

Qwest

Acquisitions

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The following was our assignment of the aggregate consideration:

	April 1, 2011
	(Dollars in millions)
Cash, accounts receivable and other current assets*	$	2,121
Property, plant and equipment	9,529
Identifiable intangible assets
Customer relationships	7,558
Capitalized software	1,702
Other	189
Other noncurrent assets	390
Current liabilities, excluding current maturities of long-term debt	(2,426		)
Current maturities of long-term debt	(2,422		)
Long-term debt	(10,253		)
Deferred credits and other liabilities	(4,147		)
Goodwill	10,032
Aggregate consideration	$	12,273

_______________________________________________________________________________

* Includes estimated fair value of $1.194 billion for accounts receivable which had gross contractual value of $1.274 billion on April 1, 2011. The $80 million difference between the gross contractual value and the estimated fair value assigned represents our best estimate as of April 1, 2011 of contractual cash flows that would not be collected.