XML 52 R33.htm IDEA: XBRL DOCUMENT v3.22.4
Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2022
Revenue Recognition [Abstract]  
Disaggregation Of Revenue

Successor

Predecessor

For the year ended

For the eight months

For the four months

For the year ended

December 31,

ended December 31,

ended April 30,

December 31,

($ in millions)

2022

2021

2021

2020

Data and Internet services

$

3,390

$

2,224 

$

1,125 

$

3,478 

Voice services

1,498

1,091 

647 

2,085 

Video services

520

397 

223 

789 

Other

325

246 

125 

429 

Revenue from contracts

with customers (1)

5,733

3,958 

2,120 

6,781 

Subsidy and other regulatory revenue (2)

54

222 

111 

374 

Total revenue

$

5,787

$

4,180 

$

2,231 

$

7,155 

Successor

Predecessor

For the year ended

For the eight months

For the four months

For the year ended

December 31,

ended December 31,

ended April 30,

December 31,

($ in millions)

2022

2021

2021

2020

Consumer (3)

$

3,116

$

2,125 

$

1,133 

$

3,609 

Business and Wholesale

2,617

1,833 

987 

3,172 

Revenue from contracts

with customers (1)

5,733

3,958 

2,120 

6,781 

Subsidy and other regulatory revenue (2)

54

222 

111 

374 

Total revenue

$

5,787

$

4,180 

$

2,231 

$

7,155 

(1)Includes $63 million of lease revenue for the year ended December 31, 2022, $21 million for the four months ended April 30, 2021, $42 million for the eight months ended December 31, 2021 and $67 million for the year ended December 31, 2020.

(2)Includes $30 million in transition services provided to the purchaser in connection with the divestiture of the Northwest Operations for the year ended December 31, 2020.

(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 January 1, 2022 (Successor)

$

-

$

-

$

27

$

11

Revenue recognized included

in opening contract balance

-

-

(30)

(11)

Credits granted, excluding amounts

recognized as revenue

-

-

26

22

Reclassified between current

and noncurrent

-

-

5

(5)

Balance at December 31, 2022 (Successor)

$

-

$

-

$

28

$

17

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

-

-

(20)

(2)

Credits granted, excluding amounts

recognized as revenue

-

-

30

14

Reclassified between current

and noncurrent

-

-

2

(2)

Balance at December 31, 2021 (Successor)

$

-

$

-

$

27

$

11

Performance Obligations, Revenue

Successor

($ in millions)

Revenue from contracts with customers

2023

$

633

2024

302

2025

157

2026

87

2027

37

Thereafter

63

Total

$

1,279