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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 10 $ 14
Accounts receivable, less allowance of $53 and $61 340 364
Other 143 122
Total current assets 493 500
Property, plant and equipment, net of accumulated depreciation of $8,522 and $8,347 8,258 8,309
GOODWILL AND OTHER ASSETS    
Goodwill 9,360 9,360
Other intangible assets, net 245 343
Other, net 149 147
Total goodwill and other assets 9,754 9,850
TOTAL ASSETS 18,505 18,659
CURRENT LIABILITIES    
Current maturities of long-term debt 948 948
Accounts payable 231 292
Advances from affiliates 520 592
Note payable - affiliate 1,158 1,130
Accrued expenses and other liabilities    
Salaries and benefits 147 178
Income and other taxes 125 95
Other 190 186
Current portion of deferred revenue 182 183
Total current liabilities 3,501 3,604
LONG-TERM DEBT 2,156 2,386
DEFERRED CREDITS AND OTHER LIABILITIES    
Deferred income taxes, net 1,242 1,249
Affiliate obligations, net 642 637
Other 684 685
Total deferred credits and other liabilities 2,568 2,571
COMMITMENTS AND CONTINGENCIES (Note 7)
STOCKHOLDER'S EQUITY    
Common stock - one share without par value, owned by Qwest Services Corporation 10,050 10,050
Retained earnings 230 48
Total stockholder's equity 10,280 10,098
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY $ 18,505 $ 18,659