XML 42 R53.htm IDEA: XBRL DOCUMENT v2.4.1.9
Income Taxes (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Income Tax Contingency [Line Items]                      
Liabilities recorded for interest related to uncertain tax positions                     $ 5us-gaap_UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
Current tax provision:                      
Federal and foreign                 738ctq_CurrentFederalandForeignTaxExpenseBenefit 653ctq_CurrentFederalandForeignTaxExpenseBenefit 638ctq_CurrentFederalandForeignTaxExpenseBenefit
State and local                 129us-gaap_CurrentStateAndLocalTaxExpenseBenefit 101us-gaap_CurrentStateAndLocalTaxExpenseBenefit 105us-gaap_CurrentStateAndLocalTaxExpenseBenefit
Total current tax provision                 867us-gaap_CurrentIncomeTaxExpenseBenefit 754us-gaap_CurrentIncomeTaxExpenseBenefit 743us-gaap_CurrentIncomeTaxExpenseBenefit
Deferred tax expense:                      
Federal and foreign                 (209)ctq_DeferredFederalandForeignIncomeTaxExpenseBenefit (125)ctq_DeferredFederalandForeignIncomeTaxExpenseBenefit (175)ctq_DeferredFederalandForeignIncomeTaxExpenseBenefit
State and local                 (19)us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit (27)us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit (26)us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit
Total deferred tax expense                 (228)us-gaap_DeferredIncomeTaxExpenseBenefit (152)us-gaap_DeferredIncomeTaxExpenseBenefit (201)us-gaap_DeferredIncomeTaxExpenseBenefit
Income tax expense 161us-gaap_IncomeTaxExpenseBenefit 156us-gaap_IncomeTaxExpenseBenefit 162us-gaap_IncomeTaxExpenseBenefit 160us-gaap_IncomeTaxExpenseBenefit 142us-gaap_IncomeTaxExpenseBenefit 139us-gaap_IncomeTaxExpenseBenefit 155us-gaap_IncomeTaxExpenseBenefit 166us-gaap_IncomeTaxExpenseBenefit 639us-gaap_IncomeTaxExpenseBenefit 602us-gaap_IncomeTaxExpenseBenefit 542us-gaap_IncomeTaxExpenseBenefit
Effective income tax rate:                      
Federal statutory income tax rate (as a percent)                 35.00%us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate 35.00%us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate 35.00%us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
State income taxes-net of federal effect (as a percent)                 4.00%us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes 3.10%us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes 3.70%us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
Other (as a percent)                 0.70%us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments 0.30%us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments 0.30%us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments
Effective income tax rate (as a percent)                 39.70%us-gaap_EffectiveIncomeTaxRateContinuingOperations 38.40%us-gaap_EffectiveIncomeTaxRateContinuingOperations 39.00%us-gaap_EffectiveIncomeTaxRateContinuingOperations
Deferred tax liabilities:                      
Property, plant and equipment (1,380)us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment       (1,281)us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment       (1,380)us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment (1,281)us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment  
Intangibles assets (1,449)us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets       (1,772)us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets       (1,449)us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets (1,772)us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets  
Receivable from an affiliate due to pension plan participation (500)ctq_DeferredTaxLiabilitiesReceivableFromAffiliateDueToDefinedBenefitPlanParticipation       (462)ctq_DeferredTaxLiabilitiesReceivableFromAffiliateDueToDefinedBenefitPlanParticipation       (500)ctq_DeferredTaxLiabilitiesReceivableFromAffiliateDueToDefinedBenefitPlanParticipation (462)ctq_DeferredTaxLiabilitiesReceivableFromAffiliateDueToDefinedBenefitPlanParticipation  
Other (52)us-gaap_DeferredTaxLiabilitiesOther       (52)us-gaap_DeferredTaxLiabilitiesOther       (52)us-gaap_DeferredTaxLiabilitiesOther (52)us-gaap_DeferredTaxLiabilitiesOther  
Total deferred tax liabilities (3,381)us-gaap_DeferredIncomeTaxLiabilities       (3,567)us-gaap_DeferredIncomeTaxLiabilities       (3,381)us-gaap_DeferredIncomeTaxLiabilities (3,567)us-gaap_DeferredIncomeTaxLiabilities  
Deferred tax assets:                      
Payable to affiliate due to post-retirement benefit plan participation 998ctq_DeferredTaxAssetsPayabletoAffiliateDuetoPostRetirementBenefitPlanParticipation       983ctq_DeferredTaxAssetsPayabletoAffiliateDuetoPostRetirementBenefitPlanParticipation       998ctq_DeferredTaxAssetsPayabletoAffiliateDuetoPostRetirementBenefitPlanParticipation 983ctq_DeferredTaxAssetsPayabletoAffiliateDuetoPostRetirementBenefitPlanParticipation  
Debt premiums 36ctq_DeferredTaxAssetsDebtPremiums       55ctq_DeferredTaxAssetsDebtPremiums       36ctq_DeferredTaxAssetsDebtPremiums 55ctq_DeferredTaxAssetsDebtPremiums  
Other 275us-gaap_DeferredTaxAssetsOther       229us-gaap_DeferredTaxAssetsOther       275us-gaap_DeferredTaxAssetsOther 229us-gaap_DeferredTaxAssetsOther  
Total deferred tax assets 1,309us-gaap_DeferredTaxAssetsGross       1,267us-gaap_DeferredTaxAssetsGross       1,309us-gaap_DeferredTaxAssetsGross 1,267us-gaap_DeferredTaxAssetsGross  
Valuation allowance on deferred tax assets (12)us-gaap_DeferredTaxAssetsValuationAllowance       (12)us-gaap_DeferredTaxAssetsValuationAllowance       (12)us-gaap_DeferredTaxAssetsValuationAllowance (12)us-gaap_DeferredTaxAssetsValuationAllowance  
Net deferred tax assets 1,297us-gaap_DeferredTaxAssetsNet       1,255us-gaap_DeferredTaxAssetsNet       1,297us-gaap_DeferredTaxAssetsNet 1,255us-gaap_DeferredTaxAssetsNet  
Net deferred tax liabilities $ (2,084)us-gaap_DeferredTaxLiabilities       $ (2,312)us-gaap_DeferredTaxLiabilities       $ (2,084)us-gaap_DeferredTaxLiabilities $ (2,312)us-gaap_DeferredTaxLiabilities