XML 62 R50.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidating Financial Information - Statements of Comprehensive Income (Loss) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Condensed Consolidating Financial Information    
Operating revenues $ 2,087  
Operating revenues - affiliate 25  
Total operating revenues 2,062  
OPERATING EXPENSES    
Cost of services and products (exclusive of depreciation and amortization) 998  
Selling, general and administrative expenses 344  
Operating expenses - affiliate 53  
Depreciation and amortization 431  
Total costs and expenses 1,826  
OPERATING INCOME 261  
OTHER INCOME (EXPENSE)    
Interest income 1  
Interest income - affiliate 16  
Interest expense (120)  
Interest income (expense) - intercompany, net 0  
Equity in net earnings (losses) of subsidiaries 0  
Loss on modification and extinguishment of debt 0  
Other income, net 6  
Total other income (expense), net (97)  
INCOME (LOSS) BEFORE INCOME TAXES 164  
Income tax expense (102)  
NET INCOME 62  
Other comprehensive income 72  
COMPREHENSIVE INCOME (LOSS) 134  
Eliminations    
Condensed Consolidating Financial Information    
Operating revenues (40)  
Operating revenues - affiliate 0  
Total operating revenues (40)  
OPERATING EXPENSES    
Cost of services and products (exclusive of depreciation and amortization) (40)  
Selling, general and administrative expenses 0  
Operating expenses - affiliate 0  
Depreciation and amortization 0  
Total costs and expenses (40)  
OPERATING INCOME 0  
OTHER INCOME (EXPENSE)    
Interest income 0  
Interest income - affiliate 0  
Interest expense 0  
Interest income (expense) - intercompany, net 0  
Equity in net earnings (losses) of subsidiaries 1,155  
Other income, net 0  
Total other income (expense), net 1,155  
INCOME (LOSS) BEFORE INCOME TAXES 1,155  
Income tax expense 0  
NET INCOME 1,155  
Other comprehensive income (72)  
COMPREHENSIVE INCOME (LOSS) 1,083  
Level 3 Communications, Inc. | Reportable Legal Entities    
Condensed Consolidating Financial Information    
Operating revenues 0  
Operating revenues - affiliate 0  
Total operating revenues 0  
OPERATING EXPENSES    
Cost of services and products (exclusive of depreciation and amortization) 0  
Selling, general and administrative expenses 0  
Operating expenses - affiliate 0  
Depreciation and amortization 0  
Total costs and expenses 0  
OPERATING INCOME 0  
OTHER INCOME (EXPENSE)    
Interest income 0  
Interest income - affiliate 16  
Interest expense (8)  
Interest income (expense) - intercompany, net 355  
Equity in net earnings (losses) of subsidiaries (315)  
Other income, net 0  
Total other income (expense), net 48  
INCOME (LOSS) BEFORE INCOME TAXES 48  
Income tax expense 14  
NET INCOME 62  
Other comprehensive income 72  
COMPREHENSIVE INCOME (LOSS) 134  
Level 3 Financing, Inc. | Reportable Legal Entities    
Condensed Consolidating Financial Information    
Operating revenues 0  
Operating revenues - affiliate 0  
Total operating revenues 0  
OPERATING EXPENSES    
Cost of services and products (exclusive of depreciation and amortization) 0  
Selling, general and administrative expenses 1  
Operating expenses - affiliate 0  
Depreciation and amortization 0  
Total costs and expenses 1  
OPERATING INCOME (1)  
OTHER INCOME (EXPENSE)    
Interest income 0  
Interest income - affiliate 0  
Interest expense (108)  
Interest income (expense) - intercompany, net 608  
Equity in net earnings (losses) of subsidiaries (839)  
Other income, net 0  
Total other income (expense), net (339)  
INCOME (LOSS) BEFORE INCOME TAXES (340)  
Income tax expense 25  
NET INCOME (315)  
Other comprehensive income 0  
COMPREHENSIVE INCOME (LOSS) (315)  
Level 3 Communications, LLC | Reportable Legal Entities    
Condensed Consolidating Financial Information    
Operating revenues 981  
Operating revenues - affiliate 25  
Total operating revenues 956  
OPERATING EXPENSES    
Cost of services and products (exclusive of depreciation and amortization) 589  
Selling, general and administrative expenses 259  
Operating expenses - affiliate 53  
Depreciation and amortization 170  
Total costs and expenses 1,071  
OPERATING INCOME (90)  
OTHER INCOME (EXPENSE)    
Interest income 0  
Interest income - affiliate 0  
Interest expense (1)  
Interest income (expense) - intercompany, net (881)  
Equity in net earnings (losses) of subsidiaries (1)  
Other income, net 1  
Total other income (expense), net (882)  
INCOME (LOSS) BEFORE INCOME TAXES (972)  
Income tax expense (47)  
NET INCOME (1,019)  
Other comprehensive income 0  
COMPREHENSIVE INCOME (LOSS) (1,019)  
Other Non-Guarantor Subsidiaries | Reportable Legal Entities    
Condensed Consolidating Financial Information    
Operating revenues 1,146  
Operating revenues - affiliate 0  
Total operating revenues 1,146  
OPERATING EXPENSES    
Cost of services and products (exclusive of depreciation and amortization) 449  
Selling, general and administrative expenses 84  
Operating expenses - affiliate 0  
Depreciation and amortization 261  
Total costs and expenses 794  
OPERATING INCOME 352  
OTHER INCOME (EXPENSE)    
Interest income 1  
Interest income - affiliate 0  
Interest expense (3)  
Interest income (expense) - intercompany, net (82)  
Equity in net earnings (losses) of subsidiaries 0  
Other income, net 5  
Total other income (expense), net (79)  
INCOME (LOSS) BEFORE INCOME TAXES 273  
Income tax expense (94)  
NET INCOME 179  
Other comprehensive income 72  
COMPREHENSIVE INCOME (LOSS) $ 251  
Predecessor    
Condensed Consolidating Financial Information    
Operating revenues   $ 2,048
Operating revenues - affiliate   0
Total operating revenues   2,048
OPERATING EXPENSES    
Cost of services and products (exclusive of depreciation and amortization)   1,051
Selling, general and administrative expenses   364
Operating expenses - affiliate   0
Depreciation and amortization   296
Total costs and expenses   1,711
OPERATING INCOME   337
OTHER INCOME (EXPENSE)    
Interest income   2
Interest income - affiliate   0
Interest expense   (134)
Interest income (expense) - intercompany, net   0
Equity in net earnings (losses) of subsidiaries   0
Loss on modification and extinguishment of debt   (44)
Other income, net   4
Total other income (expense), net   (172)
INCOME (LOSS) BEFORE INCOME TAXES   165
Income tax expense   (70)
NET INCOME   95
Other comprehensive income   21
COMPREHENSIVE INCOME (LOSS)   116
Predecessor | Eliminations    
Condensed Consolidating Financial Information    
Operating revenues   (29)
Operating revenues - affiliate   0
Total operating revenues   (29)
OPERATING EXPENSES    
Cost of services and products (exclusive of depreciation and amortization)   (29)
Selling, general and administrative expenses   0
Operating expenses - affiliate   0
Depreciation and amortization   0
Total costs and expenses   (29)
OPERATING INCOME   0
OTHER INCOME (EXPENSE)    
Interest income   0
Interest income - affiliate   0
Interest expense   0
Interest income (expense) - intercompany, net   0
Equity in net earnings (losses) of subsidiaries   718
Loss on modification and extinguishment of debt   0
Other income, net   0
Total other income (expense), net   718
INCOME (LOSS) BEFORE INCOME TAXES   718
Income tax expense   0
NET INCOME   718
Other comprehensive income   (21)
COMPREHENSIVE INCOME (LOSS)   697
Predecessor | Level 3 Communications, Inc. | Reportable Legal Entities    
Condensed Consolidating Financial Information    
Operating revenues   0
Operating revenues - affiliate   0
Total operating revenues   0
OPERATING EXPENSES    
Cost of services and products (exclusive of depreciation and amortization)   0
Selling, general and administrative expenses   1
Operating expenses - affiliate   0
Depreciation and amortization   0
Total costs and expenses   1
OPERATING INCOME   (1)
OTHER INCOME (EXPENSE)    
Interest income   0
Interest income - affiliate   0
Interest expense   (9)
Interest income (expense) - intercompany, net   377
Equity in net earnings (losses) of subsidiaries   (275)
Loss on modification and extinguishment of debt   0
Other income, net   0
Total other income (expense), net   93
INCOME (LOSS) BEFORE INCOME TAXES   92
Income tax expense   3
NET INCOME   95
Other comprehensive income   21
COMPREHENSIVE INCOME (LOSS)   116
Predecessor | Level 3 Financing, Inc. | Reportable Legal Entities    
Condensed Consolidating Financial Information    
Operating revenues   0
Operating revenues - affiliate   0
Total operating revenues   0
OPERATING EXPENSES    
Cost of services and products (exclusive of depreciation and amortization)   0
Selling, general and administrative expenses   1
Operating expenses - affiliate   0
Depreciation and amortization   0
Total costs and expenses   1
OPERATING INCOME   (1)
OTHER INCOME (EXPENSE)    
Interest income   0
Interest income - affiliate   0
Interest expense   (120)
Interest income (expense) - intercompany, net   574
Equity in net earnings (losses) of subsidiaries   (646)
Loss on modification and extinguishment of debt   (44)
Other income, net   0
Total other income (expense), net   (236)
INCOME (LOSS) BEFORE INCOME TAXES   (237)
Income tax expense   (38)
NET INCOME   (275)
Other comprehensive income   0
COMPREHENSIVE INCOME (LOSS)   (275)
Predecessor | Level 3 Communications, LLC | Reportable Legal Entities    
Condensed Consolidating Financial Information    
Operating revenues   920
Operating revenues - affiliate   0
Total operating revenues   920
OPERATING EXPENSES    
Cost of services and products (exclusive of depreciation and amortization)   583
Selling, general and administrative expenses   277
Operating expenses - affiliate   0
Depreciation and amortization   87
Total costs and expenses   947
OPERATING INCOME   (27)
OTHER INCOME (EXPENSE)    
Interest income   2
Interest income - affiliate   0
Interest expense   (1)
Interest income (expense) - intercompany, net   (869)
Equity in net earnings (losses) of subsidiaries   203
Loss on modification and extinguishment of debt   0
Other income, net   5
Total other income (expense), net   (660)
INCOME (LOSS) BEFORE INCOME TAXES   (687)
Income tax expense   (1)
NET INCOME   (688)
Other comprehensive income   0
COMPREHENSIVE INCOME (LOSS)   (688)
Predecessor | Other Non-Guarantor Subsidiaries | Reportable Legal Entities    
Condensed Consolidating Financial Information    
Operating revenues   1,157
Operating revenues - affiliate   0
Total operating revenues   1,157
OPERATING EXPENSES    
Cost of services and products (exclusive of depreciation and amortization)   497
Selling, general and administrative expenses   85
Operating expenses - affiliate   0
Depreciation and amortization   209
Total costs and expenses   791
OPERATING INCOME   366
OTHER INCOME (EXPENSE)    
Interest income   0
Interest income - affiliate   0
Interest expense   (4)
Interest income (expense) - intercompany, net   (82)
Equity in net earnings (losses) of subsidiaries   0
Loss on modification and extinguishment of debt   0
Other income, net   (1)
Total other income (expense), net   (87)
INCOME (LOSS) BEFORE INCOME TAXES   279
Income tax expense   (34)
NET INCOME   245
Other comprehensive income   21
COMPREHENSIVE INCOME (LOSS)   $ 266