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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 5 $ 2
Accounts receivable, less allowance of $42 and $39 413 514
Advances to affiliates 482 1,842
Other 141 128
Total current assets 1,041 2,486
Property, plant and equipment, net of accumulated depreciation of $8,020 and $7,746 8,294 8,170
GOODWILL AND OTHER ASSETS    
Goodwill 9,360 9,360
Other intangible assets, net 567 779
Other, net 185 204
Total goodwill and other assets 10,112 10,343
TOTAL ASSETS 19,447 20,999
CURRENT LIABILITIES    
Current maturities of long-term debt 302 1,105
Accounts payable 288 403
Note payable - affiliate 1,100 1,069
Accrued expenses and other liabilities    
Salaries and benefits 184 276
Income and other taxes 132 94
Other 202 261
Current portion of deferred revenue 185 201
Total current liabilities 2,393 3,409
LONG-TERM DEBT 4,358 4,846
DEFERRED CREDITS AND OTHER LIABILITIES    
Deferred income taxes, net 1,186 1,198
Affiliate obligations, net 673 717
Other 714 712
Total deferred credits and other liabilities 2,573 2,627
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 73 67
Total stockholder's equity 10,123 10,117
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY $ 19,447 $ 20,999