CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
CURRENT ASSETS
Cash and cash equivalents	$ 5	$ 2
Accounts receivable, less allowance of $35 and $38	273	301
Advances to affiliates	231	0
Other	121	187
Total current assets	630	490
Property, plant and equipment, net of accumulated depreciation of $7,415 and $6,879	8,246	8,180
GOODWILL AND OTHER ASSETS
Goodwill	9,360	9,360
Other intangible assets, net	154	199
Other, net	133	141
Total goodwill and other assets	9,647	9,700
TOTAL ASSETS	18,523	18,370
CURRENT LIABILITIES
Accounts payable	204	206
Advances from affiliates	0	55
Note payable - affiliate	0	1,187
Accrued expenses and other liabilities
Salaries and benefits	129	138
Income and other taxes	114	94
Other	127	182
Current portion of deferred revenue	168	174
Total current liabilities	742	2,036
LONG-TERM DEBT	2,155	2,156
DEFERRED CREDITS AND OTHER LIABILITIES
Deferred income taxes, net	1,272	1,276
Affiliate obligations, net	569	597
Other	671	670
Total deferred credits and other liabilities	2,512	2,543
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	3,064	1,585
Total stockholder's equity	13,114	11,635
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY	$ 18,523	$ 18,370