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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Revenue $ 2,059 $ 2,033 $ 6,168 $ 6,140
Costs and Expenses:        
Network access costs 678 675 2,044 2,045
Network related expenses 345 337 1,018 1,014
Depreciation and amortization 333 319 983 930
Selling, general and administrative expenses 348 348 1,078 1,061
Total Costs and Expenses 1,704 1,679 5,123 5,050
Operating Income 355 354 1,045 1,090
Other Income (Expense):        
Interest income 6 1 11 3
Interest expense (134) (139) (400) (414)
Loss on modification and extinguishment of debt 0 0 (44) (40)
Other, net 6 1 9 (14)
Total Other Expense (122) (137) (424) (465)
Income Before Income Taxes 233 217 621 625
Income Tax Expense (76) (74) (215) (198)
Net Income $ 157 $ 143 $ 406 $ 427
Basic Earnings per Common Share        
Net Income Per Share, basic (usd per share) $ 0.43 $ 0.40 $ 1.12 $ 1.19
Weighted-Average Shares Outstanding (in thousands) 363,471 359,561 362,413 358,097
Diluted Earnings per Common Share        
Net Income Per Share, diluted (usd per share) $ 0.43 $ 0.39 $ 1.11 $ 1.18
Weighted-Average Shares Outstanding (in thousands) 365,323 361,907 364,710 361,072