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Retrospective Application of Change in Accounting Policy (Tables)
12 Months Ended
Dec. 31, 2016
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]  
Retrospective Application of Change in Accounting Policy

The following tables provide information regarding the impact of these revisions on selected consolidated financial data:

 

 

2016

 

2015

 

2014

Year Ended December 31, 2016

As previously reported1

 

As adjusted

 

As previously reported1

 

As adjusted

 

As previously reported1

 

As adjusted

(Dollars in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service

$

3,030 

 

$

3,081 

 

$

3,350 

 

 

3,384 

 

 

3,398 

 

 

3,407 

 

Total operating revenues

 

3,939 

 

 

3,990 

 

 

3,997 

 

 

4,031 

 

 

3,893 

 

 

3,902 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss) 

 

(3)

 

 

48 

 

 

313 

 

 

347 

 

 

(143)

 

 

(134)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment and other income (expenses)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest and dividend income

 

57 

 

 

6 

 

 

36 

 

 

2 

 

 

12 

 

 

3 

 

Total investment and other income

 

85 

 

 

34 

 

 

91 

 

 

57 

 

 

84 

 

 

75 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

In Annual Report on Form 10-K for the year ended December 31, 2016, filed on February 24, 2017.