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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 4 Months Ended 5 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Apr. 30, 2021
Sep. 30, 2021
Sep. 30, 2020
Successor [Member]          
Revenue $ 1,576     $ 2,637  
Operating expenses:          
Network access expenses 177     304  
Network related expenses 413     682  
Selling, general and administrative expenses 421     690  
Depreciation and amortization 273     452  
Restructuring costs and other charges 8     19  
Total operating expenses 1,292     2,147  
Operating income 284     490  
Investment and other income (loss), net (37)     (39)  
Interest expense (See note 3) (90)     (152)  
Income (Loss) before income taxes 157     299  
Income tax (benefit) expense 31     74  
Net income (loss) $ 126     $ 225  
Basic net earnings (loss) per share attributable to Frontier common shareholders $ 0.52     $ 0.92  
Diluted net earnings (loss) per share attributable to Frontier common shareholders $ 0.51     $ 0.92  
Total weighted average shares outstanding - basic 244,403     244,402  
Total weighted average shares outstanding - diluted 245,667     245,600  
Predecessor [Member]          
Revenue   $ 1,726 $ 2,231   $ 5,460
Operating expenses:          
Network access expenses   226 264   767
Network related expenses   431 566   1,305
Selling, general and administrative expenses   404 537   1,255
Depreciation and amortization   392 506   1,204
Loss on disposal of Northwest Operations         160
Restructuring costs and other charges   3 7   87
Total operating expenses   1,456 1,880   4,778
Operating income   270 351   682
Investment and other income (loss), net   (14) 1   (29)
Pension settlement costs         (159)
Reorganization items, net   (131) 4,171   (273)
Interest expense (See note 3)   (121) (118)   (664)
Income (Loss) before income taxes   4 4,405   (443)
Income tax (benefit) expense   (11) (136)   (91)
Net income (loss)   $ 15 $ 4,541   $ (352)
Basic net earnings (loss) per share attributable to Frontier common shareholders   $ 0.14 $ 43.42   $ (3.37)
Diluted net earnings (loss) per share attributable to Frontier common shareholders   $ 0.14 $ 43.28   $ (3.37)
Total weighted average shares outstanding - basic   104,526 104,584   104,460
Total weighted average shares outstanding - diluted   104,866 104,924   104,460