XML 14 R3.htm IDEA: XBRL DOCUMENT v3.19.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 7 $ 5
Accounts receivable, less allowance of $41 and $41 526 546
Advances to affiliates 1,451 1,148
Other 148 147
Total current assets 2,132 1,846
Property, plant and equipment, net of accumulated depreciation of $7,328 and $6,951 8,034 8,077
GOODWILL AND OTHER ASSETS    
Goodwill 9,360 9,360
Operating lease assets 111 0
Customer relationships, net 675 893
Other intangible assets, net 338 311
Other, net 93 96
Total goodwill and other assets 10,577 10,660
TOTAL ASSETS 20,743 20,583
CURRENT LIABILITIES    
Current maturities of long-term debt 9 11
Accounts payable 345 441
Note payable - affiliate 1,038 1,008
Accrued expenses and other liabilities    
Salaries and benefits 186 251
Income and other taxes 143 140
Interest 55 55
Other 102 75
Current affiliate obligations, net 74 79
Current portion of deferred revenue 223 212
Total current liabilities 2,175 2,272
LONG-TERM DEBT 5,946 5,948
DEFERRED CREDITS AND OTHER LIABILITIES    
Deferred revenue 94 91
Deferred income taxes, net 1,033 1,098
Noncurrent operating lease liabilities 86 0
Affiliate obligations, net 720 759
Other 557 547
Total deferred credits and other liabilities 2,490 2,495
COMMITMENTS AND CONTINGENCIES (Note 8)
STOCKHOLDER'S EQUITY    
Common stock - one share without par value, owned by Qwest Services Corporation 10,050 10,050
Retained earnings (accumulated deficit) 82 (182)
Total stockholder's equity 10,132 9,868
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY $ 20,743 $ 20,583