XML 21 R47.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidating Financial Information - Balance Sheets (Details) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Mar. 31, 2011
Dec. 31, 2010
Current Assets:        
Cash and cash equivalents $ 748 $ 918 $ 1,079 $ 616
Restricted cash and securities 8 10    
Receivables, less allowances for doubtful accounts 683 648    
Due from (to) affiliates 0 0    
Other 164 131    
Total Current Assets 1,603 1,707    
Property, Plant and Equipment, net of accumulated depreciation 8,164 8,136    
Restricted Cash and Securities 52 51    
Goodwill and Other Intangibles Assets, net 2,830 2,899    
Investment in Subsidiaries 0 0    
Other Assets, net 425 395    
Total Assets 13,074 13,188    
Current Liabilities:        
Accounts payable 724 747    
Current portion of long-term debt 227 65    
Accrued payroll and employee benefits 115 209    
Accrued interest 165 216    
Current portion of deferred revenue 259 264    
Other 145 157    
Total Current Liabilities 1,635 1,658    
Long-Term Debt, less current portion 8,199 8,385    
Deferred Revenue, less current portion 884 885    
Other Liabilities 1,047 1,067    
Stockholders' Equity (Deficit) 1,309 1,193    
Total Liabilities and Stockholders' Equity (Deficit) 13,074 13,188    
Level 3 Communications, Inc.
       
Current Assets:        
Cash and cash equivalents 1 2 215 173
Restricted cash and securities 0 0    
Receivables, less allowances for doubtful accounts 0 0    
Due from (to) affiliates 13,748 13,472    
Other 3 3    
Total Current Assets 13,752 13,477    
Property, Plant and Equipment, net of accumulated depreciation 0 0    
Restricted Cash and Securities 18 18    
Goodwill and Other Intangibles Assets, net 0 0    
Investment in Subsidiaries (10,972) (10,718)    
Other Assets, net 12 13    
Total Assets 2,810 2,790    
Current Liabilities:        
Accounts payable 1 0    
Current portion of long-term debt 168 0    
Accrued payroll and employee benefits 0 0    
Accrued interest 49 50    
Current portion of deferred revenue 0 0    
Other 0 0    
Total Current Liabilities 218 50    
Long-Term Debt, less current portion 1,269 1,533    
Deferred Revenue, less current portion 0 0    
Other Liabilities 14 14    
Stockholders' Equity (Deficit) 1,309 1,193    
Total Liabilities and Stockholders' Equity (Deficit) 2,810 2,790    
Level 3 Financing, Inc.
       
Current Assets:        
Cash and cash equivalents 6 6 7 7
Restricted cash and securities 0 0    
Receivables, less allowances for doubtful accounts 0 0    
Due from (to) affiliates 14,850 14,584    
Other 16 16    
Total Current Assets 14,872 14,606    
Property, Plant and Equipment, net of accumulated depreciation 0 0    
Restricted Cash and Securities 0 0    
Goodwill and Other Intangibles Assets, net 0 0    
Investment in Subsidiaries (18,962) (18,467)    
Other Assets, net 119 109    
Total Assets (3,971) (3,752)    
Current Liabilities:        
Accounts payable 0 0    
Current portion of long-term debt 0 0    
Accrued payroll and employee benefits 0 0    
Accrued interest 114 165    
Current portion of deferred revenue 0 0    
Other 1 1    
Total Current Liabilities 115 166    
Long-Term Debt, less current portion 6,780 6,688    
Deferred Revenue, less current portion 0 0    
Other Liabilities 110 116    
Stockholders' Equity (Deficit) (10,976) (10,722)    
Total Liabilities and Stockholders' Equity (Deficit) (3,971) (3,752)    
Level 3 Communications, LLC
       
Current Assets:        
Cash and cash equivalents 421 618 779 350
Restricted cash and securities 1 1    
Receivables, less allowances for doubtful accounts 63 59    
Due from (to) affiliates (28,382) (28,092)    
Other 66 48    
Total Current Assets (27,831) (27,366)    
Property, Plant and Equipment, net of accumulated depreciation 2,833 2,823    
Restricted Cash and Securities 19 19    
Goodwill and Other Intangibles Assets, net 465 481    
Investment in Subsidiaries 3,300 3,412    
Other Assets, net 8 6    
Total Assets (21,206) (20,625)    
Current Liabilities:        
Accounts payable 22 37    
Current portion of long-term debt 2 2    
Accrued payroll and employee benefits 64 116    
Accrued interest 0 0    
Current portion of deferred revenue 109 107    
Other 42 52    
Total Current Liabilities 239 314    
Long-Term Debt, less current portion 21 22    
Deferred Revenue, less current portion 616 612    
Other Liabilities 146 146    
Stockholders' Equity (Deficit) (22,228) (21,719)    
Total Liabilities and Stockholders' Equity (Deficit) (21,206) (20,625)    
Other Non-Guarantor Subsidiaries
       
Current Assets:        
Cash and cash equivalents 320 292 78 86
Restricted cash and securities 7 9    
Receivables, less allowances for doubtful accounts 620 589    
Due from (to) affiliates (216) 36    
Other 79 64    
Total Current Assets 810 990    
Property, Plant and Equipment, net of accumulated depreciation 5,331 5,313    
Restricted Cash and Securities 15 14    
Goodwill and Other Intangibles Assets, net 2,365 2,418    
Investment in Subsidiaries 0 0    
Other Assets, net 286 267    
Total Assets 8,807 9,002    
Current Liabilities:        
Accounts payable 701 710    
Current portion of long-term debt 57 63    
Accrued payroll and employee benefits 51 93    
Accrued interest 2 1    
Current portion of deferred revenue 150 157    
Other 102 104    
Total Current Liabilities 1,063 1,128    
Long-Term Debt, less current portion 129 142    
Deferred Revenue, less current portion 268 273    
Other Liabilities 777 791    
Stockholders' Equity (Deficit) 6,570 6,668    
Total Liabilities and Stockholders' Equity (Deficit) 8,807 9,002    
Eliminations
       
Current Assets:        
Cash and cash equivalents 0 0 0 0
Restricted cash and securities 0 0    
Receivables, less allowances for doubtful accounts 0 0    
Due from (to) affiliates 0 0    
Other 0 0    
Total Current Assets 0 0    
Property, Plant and Equipment, net of accumulated depreciation 0 0    
Restricted Cash and Securities 0 0    
Goodwill and Other Intangibles Assets, net 0 0    
Investment in Subsidiaries 26,634 25,773    
Other Assets, net 0 0    
Total Assets 26,634 25,773    
Current Liabilities:        
Accounts payable 0 0    
Current portion of long-term debt 0 0    
Accrued payroll and employee benefits 0 0    
Accrued interest 0 0    
Current portion of deferred revenue 0 0    
Other 0 0    
Total Current Liabilities 0 0    
Long-Term Debt, less current portion 0 0    
Deferred Revenue, less current portion 0 0    
Other Liabilities 0 0    
Stockholders' Equity (Deficit) 26,634 25,773    
Total Liabilities and Stockholders' Equity (Deficit) $ 26,634 $ 25,773