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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 2,290 $ 760
Accounts receivable, less allowances of $114 and $120, respectively 602 629
Contract acquisition costs 101 105
Prepaid expenses 147 89
Assets held for sale   1,401
Income taxes and other current assets 79 53
Total current assets 3,219 3,037
Property, plant and equipment, net 12,845 12,963
Other intangibles, net 838 1,020
Other assets 565 468
Total assets 17,467 17,488
Current liabilities:    
Long-term debt due within one year 6,446 994
Accounts payable 534 437
Advanced billings 234 219
Accrued other taxes 216 206
Accrued interest 17 407
Pension and other postretirement benefits 43 43
Liabilities held for sale   123
Other current liabilities 322 375
Total current liabilities 7,812 2,804
Deferred income taxes 311 462
Pension and other postretirement benefits 2,438 1,896
Other liabilities 406 412
Long-term debt   16,308
Liabilities subject to compromise 11,597  
Total liabilities 22,564 21,882
Equity (Deficit):    
Common stock, $0.25 par value (175,000 authorized shares, 106,025 issued and 104,911 and 105,131 outstanding at June 30, 2020 and December 31, 2019, respectively) 27 27
Additional paid-in capital 4,816 4,815
Accumulated deficit (8,940) (8,573)
Accumulated other comprehensive loss, net of tax (987) (650)
Treasury common stock (13) (13)
Total equity (deficit) (5,097) (4,394)
Total liabilities and equity (deficit) $ 17,467 $ 17,488