XML 16 R5.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 4 $ 3
Accounts receivable, less allowance of $48 and $47 688 688
Advances to affiliates 811 788
Other 148 123
Total current assets 1,651 1,602
NET PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 12,619 12,182
Accumulated depreciation (5,182) (4,808)
Net property, plant and equipment 7,437 7,374
GOODWILL AND OTHER ASSETS    
Goodwill 9,354 9,354
Other intangible assets, less accumulated amortization of $1,435 and $1,383 539 613
Other, net 98 92
Total goodwill and other assets 12,141 12,494
TOTAL ASSETS 21,229 21,470
CURRENT LIABILITIES    
Current maturities of long-term debt 509 242
Accounts payable 350 369
Note payable - affiliate 884 855
Accrued expenses and other liabilities    
Salaries and benefits 186 211
Income and other taxes 165 189
Other 146 135
Current affiliate obligations, net 94 97
Advance billings and customer deposits 322 324
Total current liabilities 2,656 2,422
LONG-TERM DEBT 6,726 6,997
DEFERRED CREDITS AND OTHER LIABILITIES    
Deferred revenues 123 137
Deferred income taxes, net 1,861 1,896
Affiliate obligations, net 1,003 1,051
Other 61 60
Total deferred credits and other liabilities 3,048 3,144
COMMITMENTS AND CONTINGENCIES (Note 5)
STOCKHOLDER'S EQUITY    
Common stock - one share without par value, owned by Qwest Services Corporation 10,050 10,050
Accumulated deficit (1,251) (1,143)
Total stockholder's equity 8,799 8,907
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY 21,229 21,470
Customer relationships    
Customer relationships, less accumulated amortization of $3,549 and $3,264 $ 2,150 $ 2,435