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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 2 $ 14
Accounts receivable, less allowance of $38 and $61 301 364
Other 187 122
Total current assets 490 500
Property, plant and equipment, net of accumulated depreciation of $6,879 and $8,347 8,180 8,309
GOODWILL AND OTHER ASSETS    
Goodwill 9,360 9,360
Other intangible assets, net 199 343
Other, net 141 147
Total goodwill and other assets 9,700 9,850
TOTAL ASSETS 18,370 18,659
CURRENT LIABILITIES    
Current maturities of long-term debt 0 948
Accounts payable 206 292
Advances from affiliates 55 592
Note payable - affiliate 1,187 1,130
Accrued expenses and other liabilities    
Salaries and benefits 138 178
Income and other taxes 94 95
Other 182 186
Current portion of deferred revenue 174 183
Total current liabilities 2,036 3,604
LONG-TERM DEBT 2,156 2,386
DEFERRED CREDITS AND OTHER LIABILITIES    
Deferred income taxes, net 1,276 1,249
Affiliate obligations, net 597 637
Other 670 685
Total deferred credits and other liabilities 2,543 2,571
COMMITMENTS AND CONTINGENCIES (Note 14)
STOCKHOLDER'S EQUITY    
Common stock - one share without par value, owned by Qwest Services Corporation 10,050 10,050
Retained earnings 1,585 48
Total stockholder's equity 11,635 10,098
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY $ 18,370 $ 18,659