Events Associated with the Amalgamation of Global Crossing (Tables)

3 Months Ended

Mar. 31, 2012

Business Combinations [Abstract]

Schedule of preliminary purchase price allocation

The following is a preliminary allocation of purchase price based on information currently available. The final identification of all the intangible assets acquired and the determination of the purchase price allocation may be significantly different from the preliminary allocation reflected below.

	Preliminary Purchase Price Allocation
	(dollars in millions)
Assets:
Cash, Cash Equivalents, and Restricted Cash	$	226
Property, Plant, and Equipment	3,098
Goodwill	1,069
Identifiable Intangibles	106
Other Assets	680
Total Assets	5,179
Liabilities:
Long-term Debt	(1,554		)
Other Liabilities	(1,663		)
Total Liabilities	(3,217		)
Total Estimated Consideration	$	1,962

Schedule of unaudited pro forma financial information for the amalgamation

The following unaudited pro forma financial information presents the combined results of Level 3 and Global Crossing as if the completion of the Amalgamation had occurred as of January 1, 2010.

(dollars in millions, except per share data)	Three Months Ended March 31, 2011
Total Revenue	$	1,548
Net Loss	(232		)
Net Loss per share	$	(1.16	)