EX-18 3 ctl20131231ex18.htm EXHIBIT 18 CTL 2013.12.31 EX 18

Exhibit 18

February 27, 2014

CenturyLink, Inc.
100 CenturyLink Drive
Monroe, Louisiana 71203

Ladies and Gentlemen:

We have audited the consolidated balance sheets of CenturyLink, Inc. (the Company) as of December 31, 2013 and 2012, and the related consolidated statements of operations, stockholders’ equity, cash flows, and comprehensive income (loss) for each of the years in the three‑year period ended December 31, 2013, and have reported thereon under date of February 27, 2014. The aforementioned consolidated financial statements and our audit report thereon are included in the Company’s annual report on Form 10‑K for the year ended December 31, 2013. As stated in note 1 to those financial statements, the Company changed the date of its annual assessment of goodwill impairment from September 30 to October 31, and states that the newly adopted accounting principle is a preferable alternative as the new date of the assessment is more closely aligned with the Company’s strategic planning process. In accordance with your request, we have reviewed and discussed with Company officials the circumstances and business judgment and planning upon which the decision to make this change in the method of accounting was based.
With regard to the aforementioned accounting change, authoritative criteria have not been established for evaluating the preferability of one acceptable method of accounting over another acceptable method. However, for purposes of the Company’s compliance with the requirements of the Securities and Exchange Commission, we are furnishing this letter.
Based on our review and discussion, with reliance on management’s business judgment and planning, we concur that the newly adopted method of accounting is preferable in the Company’s circumstances.
Very truly yours,