XML 15 R3.htm IDEA: XBRL DOCUMENT v3.6.0.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 5 $ 3
Accounts receivable, less allowance of $53 and $47 700 688
Advances to affiliates 872 788
Other 129 123
Total current assets 1,706 1,602
NET PROPERTY, PLANT AND EQUIPMENT    
Property, plant and equipment 13,247 12,182
Accumulated depreciation (5,602) (4,808)
Net property, plant and equipment 7,645 7,374
GOODWILL AND OTHER ASSETS    
Goodwill 9,354 9,354
Other intangible assets, net 471 613
Other, net 96 92
Total goodwill and other assets 11,798 12,494
TOTAL ASSETS 21,149 21,470
CURRENT LIABILITIES    
Current maturities of long-term debt 514 242
Accounts payable 398 369
Note payable - affiliate 914 855
Accrued expenses and other liabilities    
Salaries and benefits 273 211
Income and other taxes 175 189
Other 122 135
Current affiliate obligations, net 87 97
Advance billings and customer deposits 313 324
Total current liabilities 2,796 2,422
LONG-TERM DEBT 6,747 6,997
DEFERRED CREDITS AND OTHER LIABILITIES    
Deferred revenues 131 137
Deferred income taxes, net 1,773 1,896
Affiliate obligations, net 944 1,051
Other 66 60
Total deferred credits and other liabilities 2,914 3,144
COMMITMENTS AND CONTINGENCIES (Note 15)
STOCKHOLDER'S EQUITY    
Common stock - one share without par value, owned by Qwest Services Corporation 10,050 10,050
Accumulated deficit (1,358) (1,143)
Total stockholder's equity 8,692 8,907
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY 21,149 21,470
Customer Relationships    
Customer relationships, net $ 1,877 $ 2,435