Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2021

Revenue Recognition [Abstract]

Disaggregation Of Revenue

	Successor		Predecessor
	For the three months		For the three months
	ended September 30,		ended September 30,
($ in millions)	2021		2020
Data and Internet services	$	834	$	838
Voice services		411		500
Video services		149		186
Other		99		103
Revenue from contracts with customers (1)		1,493		1,627
Subsidy and other revenue (2)		83		99
Total revenue	$	1,576	$	1,726
	Successor		Predecessor
	For the three months		For the three months
	ended September 30,		ended September 30,
($ in millions)	2021		2020
Consumer (3)	$	800	$	865
Business and wholesale (3)		693		762
Revenue from contracts with customers (1)		1,493		1,627
Subsidy and other revenue (2)		83		99
Total revenue	$	1,576	$	1,726
	Successor		Predecessor
	For the five months		For the four months		For the nine months
	ended September 30,		ended April 30,		ended September 30,
($ in millions)	2021		2021		2020
Data and Internet services	$	1,390	$	1,125	$	2,644
Voice services		694		647		1,595
Video services		254		223		608
Other		161		125		328
Revenue from contracts with customers (1)		2,499		2,120		5,175
Subsidy and other revenue (2)		138		111		285
Total revenue	$	2,637	$	2,231	$	5,460

	Successor		Predecessor
	For the five months		For the four months		For the nine months
	ended September 30,		ended April 30,		ended September 30,
($ in millions)	2021		2021		2020
Consumer (3)	$	1,343	$	1,133	$	2,746
Business and wholesale (3)		1,156		987		2,429
Revenue from contracts with customers (1)		2,499		2,120		5,175
Subsidy and other revenue (2)		138		111		285
Total revenue	$	2,637	$	2,231	$	5,460

⁽¹⁾Lease revenue included in Revenue from contracts with customers was $16 million for the three months ended September 30, 2021, $26 million for the five months ended September 30, 2021, $21 million for the four months ended April 30, 2021, and $16 million and $50 million for the three and nine months ended September 30, 2020, respectively.

⁽²⁾Includes $15 million and $25 million in transition services revenue in connection with the divestiture of the Northwest Operations for the three and nine months ended September 30, 2020, respectively.

⁽³⁾Due to changes in methodology during the second quarter of 2021, historical periods have been updated to reflect the comparable amounts.

Changes In Contract Assets And Contract Liabilities

	Contract Assets				Contract Liabilities
($ in millions)	Current		Noncurrent		Current		Noncurrent
Balance at December 31, 2020 (Predecessor)	$	6	$	9	$	58	$	20
Revenue recognized included
in opening contract balance		(4)		-		(23)		(3)
Cash received, excluding amounts
recognized as revenue		-		-		22		2
Balance at April 30, 2021 (Predecessor)	$	2	$	9	$	57	$	19
Fresh start accounting adjustments		(2)		(9)		(42)		(18)
Balance at April 30, 2021 (Predecessor)	$	-	$	-	$	15	$	1
Balance at April 30, 2021 (Successor)	$	-	$	-	$	15	$	1
Revenue recognized included
in opening contract balance		-		-		(13)		(1)
Credits granted, excluding amounts
recognized as revenue		-		-		17		9
Reclassified between current
and concurrent		-		-		1		(1)
Balance at September 30, 2021 (Successor)	$	-	$	-	$	20	$	8

	Contract Assets				Contract Liabilities
($ in millions)	Current		Noncurrent		Current		Noncurrent
Balance at December 31, 2019 (Predecessor)	$	37	$	8	$	41	$	21
Revenue recognized included
in opening contract balance		(27)		-		(47)		(10)
Cash received, excluding amounts
recognized as revenue		-		-		64		9
Credits granted, excluding amounts
recognized as revenue		3		-		-		-
Reclassified between current
and concurrent		-		-		1		(1)
Balance at September 30, 2020 (Predecessor)	$	13	$	8	$	59	$	19

Performance Obligations, Revenue

	Successor
($ in millions)	Revenue from contracts with customers
2021 (remaining three months)	$	385
2022		512
2023		323
2024		152
2025		81
Thereafter		121
Total	$	1,574