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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 6 $ 2
Accounts receivable, less allowance of $48 and $39 402 514
Advances to affiliates 0 1,842
Other 133 128
Total current assets 541 2,486
Property, plant and equipment, net of accumulated depreciation of $8,168 and $7,746 8,321 8,170
GOODWILL AND OTHER ASSETS    
Goodwill 9,360 9,360
Other intangible assets, net 454 779
Other, net 178 204
Total goodwill and other assets 9,992 10,343
TOTAL ASSETS 18,854 20,999
CURRENT LIABILITIES    
Current maturities of long-term debt 1 1,105
Accounts payable 293 403
Note payable - affiliate 1,130 1,069
Accrued expenses and other liabilities    
Salaries and benefits 164 276
Income and other taxes 129 94
Other 196 261
Current portion of deferred revenue 185 201
Total current liabilities 2,098 3,409
LONG-TERM DEBT 4,126 4,846
DEFERRED CREDITS AND OTHER LIABILITIES    
Deferred income taxes, net 1,178 1,198
Affiliate obligations, net 655 717
Other 720 712
Total deferred credits and other liabilities 2,553 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 27 67
Total stockholder's equity 10,077 10,117
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY $ 18,854 $ 20,999