Dispositions

3 Months Ended

Mar. 31, 2012

Discontinued Operations and Disposal Groups [Abstract]

Dispositions

Dispositions

Level 3, through its two50% owned joint-venture surface mines, one each in Montana and Wyoming, sold coal primarily through long-term contracts with public utilities. In November 2011, Level 3 completed the sale of its coal mining business to Ambre Energy Limited as part of its long-term strategy to focus on core business operations. As a result of the transaction, all of the assets and liabilities associated with the coal mining business have been removed from Level 3's balance sheet and the Company recognized a gain on the transaction of approximately $72 million, which was included in the consolidated statements of operations within "Income from Discontinued Operations" in the fourth quarter of 2011. Results for 2011, exclusive of the gain on the transaction, were not significant. The financial results of the coal mining business were included in the Company's consolidated results of operations through the date of sale, and the period ended March 31, 2011 has been revised to reflect the presentation within discontinued operations.

The following amounts relate to the operations of the coal business and were derived from historical financial information and have been segregated from continuing operations and reported as discontinued operations in the Consolidated Statements of Operations (dollars in millions):

	Three Months Ended March 31, 2011
Revenue	$	15
Cost of Revenue	15
Depreciation and Amortization	1
Selling, General, and Administrative	—
Total Costs and Expenses	16
Operating Loss	(1		)
Total Other Expense	—
Loss From Discontinued Operations, Net	$	(1	)