$CTBB
Stock $ctbb

$ctbb Overview Financials Valuation SEC Filings Company Website

2019 Q2 Form 10-Q Financial Statement

#000006862219000007 Filed on May 13, 2019

Income Statement

Concept	2019 Q2	2019 Q1	2018 Q1
Revenue	$2.028B	$2.030B	$2.130B
YoY Change	-3.47%	-4.69%	-1.48%
Cost Of Revenue	$565.0M	$582.0M	$707.0M
YoY Change	-19.52%	-17.68%	-1.81%
Gross Profit	$1.463B	$1.448B	$1.423B
YoY Change	4.57%	1.76%	-1.32%
Gross Profit Margin	72.14%	71.33%	66.81%
Selling, General & Admin	$157.0M	$157.0M	$215.0M
YoY Change	-26.98%	-26.98%	-11.89%
% of Gross Profit	10.73%	10.84%	15.11%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization		$336.0M	$360.0M
YoY Change		-6.67%	-7.93%
% of Gross Profit		23.2%	25.3%
Operating Expenses	$1.301B	$1.295B	$1.498B
YoY Change	-11.8%	-13.55%	-5.31%
Operating Profit	$750.0M	$760.0M	$632.0M
YoY Change	19.81%	20.25%	8.97%
Interest Expense	$96.00M	$95.00M	$118.0M
YoY Change	-20.0%	-19.49%	3.51%
% of Operating Profit	12.8%	12.5%	18.67%
Other Income/Expense, Net	-$106.0M	-$102.0M	-$122.0M
YoY Change	-10.17%	-16.39%	-4.69%
Pretax Income	$644.0M	$658.0M	$510.0M
YoY Change	26.77%	29.02%	12.83%
Income Tax	$167.0M	$171.0M	$130.0M
% Of Pretax Income	25.93%	25.99%	25.49%
Net Earnings			$380.0M
YoY Change
Net Earnings / Revenue			17.84%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding	1.000 shares	1.000 shares	1.000 shares
Diluted Shares Outstanding

Balance Sheet

Concept	2019 Q2	2019 Q1	2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$7.000M	$9.000M	$6.000M
Short-Term Investments
Other Short-Term Assets	$148.0M	$159.0M	$217.0M
YoY Change	-33.33%	-26.73%	239.06%
Inventory
Prepaid Expenses	$51.00M	$64.00M	$62.00M
Receivables	$526.0M	$539.0M	$577.0M
Other Receivables
Total Short-Term Assets	$2.132B	$1.965B	$1.938B
YoY Change	-13.82%	1.39%	11.12%
LONG-TERM ASSETS
Property, Plant & Equipment	$8.034B	$8.007B	$7.945B
YoY Change	1.17%	0.78%	3.54%
Goodwill	$9.360B	$9.360B	$9.360B
YoY Change	0.0%	0.0%	0.06%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$93.00M	$93.00M	$100.0M
YoY Change	-22.5%	-7.0%	12.36%
Total Long-Term Assets	$18.61B	$18.72B	$19.01B
YoY Change	-1.46%	-1.55%	-1.57%
TOTAL ASSETS
Total Short-Term Assets	$2.132B	$1.965B	$1.938B
Total Long-Term Assets	$18.61B	$18.72B	$19.01B
Total Assets	$20.74B	$20.68B	$20.95B
YoY Change	-2.89%	-1.27%	-0.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$345.0M	$366.0M	$300.0M
YoY Change	19.38%	22.0%	-30.23%
Accrued Expenses
YoY Change
Deferred Revenue	$223.0M	$221.0M
YoY Change	6.7%
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$2.175B	$2.185B	$2.115B
YoY Change	4.97%	3.31%	-22.33%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities	$557.0M	$550.0M	$80.00M
YoY Change	63.34%	587.5%	-6.98%
Total Long-Term Liabilities	$557.0M	$550.0M	$80.00M
YoY Change	63.34%	587.5%	-6.98%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.175B	$2.185B	$2.115B
Total Long-Term Liabilities	$557.0M	$550.0M	$80.00M
Total Liabilities	$2.732B	$2.735B	$2.195B
YoY Change	13.22%	24.6%	-21.86%
SHAREHOLDERS EQUITY
Retained Earnings	$82.00M	-$45.00M	-$505.0M
YoY Change	-123.23%	-91.09%	-62.37%
Common Stock	$10.05B	$10.05B	$10.05B
YoY Change	0.0%	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$10.15B	$10.03B	$9.545B
YoY Change
Total Liabilities & Shareholders Equity	$20.74B	$20.68B	$20.95B
YoY Change	-2.89%	-1.27%	-0.52%

Cashflow Statement

Concept	2019 Q1	2018 Q1
OPERATING ACTIVITIES
Net Income		$380.0M
YoY Change
Depreciation, Depletion And Amortization	$336.0M	$360.0M
YoY Change	-6.67%	-7.93%
Cash From Operating Activities	$732.0M	$709.0M
YoY Change	3.24%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$375.0M	-$400.0M
YoY Change	-6.25%
FINANCING ACTIVITIES
Cash Dividend Paid	$350.0M	$300.0M
YoY Change	16.67%	20.0%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net	$3.000M	$4.000M
YoY Change	-25.0%	300.0%
Cash From Financing Activities	-$353.0M	-$304.0M
YoY Change	16.12%
NET CHANGE
Cash From Operating Activities	$732.0M	$709.0M
Cash From Investing Activities	-$375.0M	-$400.0M
Cash From Financing Activities	-$353.0M	-$304.0M
Net Change In Cash	$4.000M	$5.000M
YoY Change	-20.0%	-61.54%
FREE CASH FLOW
Cash From Operating Activities	$732.0M	$709.0M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2018Q4	ctl	Contract With Customer Contract Liability ContractWithCustomerContractLiability	207000000	USD
CY2019Q1	ctl	Contract With Customer Contract Liability ContractWithCustomerContractLiability	282000000	USD
CY2019Q1	ctl	Finance Lease Cost FinanceLeaseCost	3000000	USD
CY2018Q1	ctl	Increase Decrease In Other Current Assets And Other Current Liabilities Related Parties IncreaseDecreaseInOtherCurrentAssetsAndOtherCurrentLiabilitiesRelatedParties	9000000	USD
CY2019Q1	ctl	Increase Decrease In Other Current Assets And Other Current Liabilities Related Parties IncreaseDecreaseInOtherCurrentAssetsAndOtherCurrentLiabilitiesRelatedParties	15000000	USD
CY2019Q1	ctl	Intangible Assets Gross Including Goodwill IntangibleAssetsGrossIncludingGoodwill	17100000000	USD
CY2018Q4	ctl	Intangible Assets Net Including Goodwill And Other Assets Noncurrent IntangibleAssetsNetIncludingGoodwillAndOtherAssetsNoncurrent	10660000000	USD
CY2019Q1	ctl	Intangible Assets Net Including Goodwill And Other Assets Noncurrent IntangibleAssetsNetIncludingGoodwillAndOtherAssetsNoncurrent	10708000000	USD
CY2019Q1	ctl	Lease Liability LeaseLiability	142000000	USD
CY2019Q1	ctl	Lease Rightof Use Asset LeaseRightofUseAsset	136000000	USD
CY2019Q1	ctl	Number Of Categories Of Products And Services NumberOfCategoriesOfProductsAndServices	6	category
CY2018Q1	ctl	Revenue Notfrom Contractwith Customer RevenueNotfromContractwithCustomer	78000000	USD
CY2019Q1	ctl	Revenue Notfrom Contractwith Customer RevenueNotfromContractwithCustomer	127000000	USD
CY2018Q1	ctl	Universal Service Funds Taxes And Surcharges UniversalServiceFundsTaxesAndSurcharges	34000000	USD
CY2019Q1	ctl	Universal Service Funds Taxes And Surcharges UniversalServiceFundsTaxesAndSurcharges	30000000	USD
CY2019Q1	dei	Amendment Flag AmendmentFlag	false
CY2019Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2019Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2019Q1	us-gaap	Accounts Receivable Gross AccountsReceivableGross	560000000	USD
CY2018Q4	us-gaap	Capital Leases Future Minimum Payments Due In Five Years CapitalLeasesFutureMinimumPaymentsDueInFiveYears	1000000	USD
CY2018Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	518000000	USD
CY2019Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	518000000	USD
CY2018Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	546000000	USD
CY2018Q4	us-gaap	Capital Leases Future Minimum Payments Due In Four Years CapitalLeasesFutureMinimumPaymentsDueInFourYears	1000000	USD
CY2018Q4	us-gaap	Capital Leases Future Minimum Payments Due In Three Years CapitalLeasesFutureMinimumPaymentsDueInThreeYears	2000000	USD
CY2018Q4	us-gaap	Capital Leases Future Minimum Payments Due In Two Years CapitalLeasesFutureMinimumPaymentsDueInTwoYears	6000000	USD
CY2019Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	539000000	USD
CY2018Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	6951000000	USD
CY2019Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2019
CY2019Q1	dei	Document Period End Date DocumentPeriodEndDate	2019-03-31
CY2019Q1	dei	Document Type DocumentType	10-Q
CY2019Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000068622
CY2019Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	1	shares
CY2019Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2019Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2019Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2019Q1	dei	Entity Registrant Name EntityRegistrantName	QWEST CORP
CY2019Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2018Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	441000000	USD
CY2019Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	366000000	USD
CY2018Q4	us-gaap	Accounts Receivable Gross AccountsReceivableGross	554000000	USD
CY2019Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	7131000000	USD
CY2018Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	36000000	USD
CY2019Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	42000000	USD
CY2018Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	41000000	USD
CY2019Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	42000000	USD
CY2018Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	149000000	USD
CY2019Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	137000000	USD
CY2018Q4	us-gaap	Assets Assets	20583000000	USD
CY2019Q1	us-gaap	Assets Assets	20680000000	USD
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CY2019Q1	us-gaap	Assets Current AssetsCurrent	1965000000	USD
CY2018Q4	us-gaap	Capital Lease Obligations Current CapitalLeaseObligationsCurrent	12000000	USD
CY2018Q4	us-gaap	Capital Lease Obligations Noncurrent CapitalLeaseObligationsNoncurrent	7000000	USD
CY2018Q4	us-gaap	Capital Leases Future Minimum Payments Due CapitalLeasesFutureMinimumPaymentsDue	24000000	USD
CY2018Q4	us-gaap	Capital Leases Future Minimum Payments Due Current CapitalLeasesFutureMinimumPaymentsDueCurrent	10000000	USD
CY2018Q4	us-gaap	Capital Leases Future Minimum Payments Due Thereafter CapitalLeasesFutureMinimumPaymentsDueThereafter	4000000	USD
CY2018Q4	us-gaap	Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments	19000000	USD
CY2018Q4	us-gaap	Capitalized Contract Cost Net Current CapitalizedContractCostNetCurrent	52000000	USD
CY2019Q1	us-gaap	Capitalized Contract Cost Net Current CapitalizedContractCostNetCurrent	52000000	USD
CY2018Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	5000000	USD
CY2019Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	9000000	USD
CY2017Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3000000	USD
CY2018Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	8000000	USD
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CY2019Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	11000000	USD
CY2018Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	5000000	USD
CY2019Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	4000000	USD
CY2018Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2019Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2018Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	1	shares
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CY2018Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	1	shares
CY2019Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	1	shares
CY2018Q4	us-gaap	Common Stock Value CommonStockValue	10050000000	USD
CY2019Q1	us-gaap	Common Stock Value CommonStockValue	10050000000	USD
CY2018Q4	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	64000000	USD
CY2019Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	55000000	USD
CY2018Q4	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	27000000	USD
CY2019Q1	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	27000000	USD
CY2018Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	212000000	USD
CY2019Q1	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	221000000	USD
CY2018Q4	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	91000000	USD
CY2019Q1	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	97000000	USD
CY2018Q1	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	269000000	USD
CY2019Q1	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	261000000	USD
CY2018Q1	us-gaap	Contract With Customer Performance Obligation Satisfied In Previous Period ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod	0	USD
CY2019Q1	us-gaap	Contract With Customer Performance Obligation Satisfied In Previous Period ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod	0	USD
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CY2018Q1	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	216000000	USD
CY2019Q1	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	195000000	USD
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CY2018Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	300000000	USD
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CY2018Q4	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	1148000000	USD
CY2019Q1	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	1258000000	USD
CY2018Q4	us-gaap	Due To Affiliate Current DueToAffiliateCurrent	79000000	USD
CY2019Q1	us-gaap	Due To Affiliate Current DueToAffiliateCurrent	77000000	USD
CY2018Q4	us-gaap	Due To Affiliate Noncurrent DueToAffiliateNoncurrent	759000000	USD
CY2019Q1	us-gaap	Due To Affiliate Noncurrent DueToAffiliateNoncurrent	738000000	USD
CY2018Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	251000000	USD
CY2019Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	162000000	USD
CY2019Q1	us-gaap	Finance Lease Liability FinanceLeaseLiability	17000000	USD
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CY2019Q1	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	8000000	USD
CY2019Q1	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	19000000	USD
CY2019Q1	us-gaap	Finance Lease Liability Payments Due After Year Five FinanceLeaseLiabilityPaymentsDueAfterYearFive	4000000	USD
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CY2019Q1	us-gaap	Finance Lease Liability Payments Due Year Four FinanceLeaseLiabilityPaymentsDueYearFour	1000000	USD
CY2019Q1	us-gaap	Finance Lease Liability Payments Due Year Three FinanceLeaseLiabilityPaymentsDueYearThree	1000000	USD
CY2019Q1	us-gaap	Finance Lease Liability Payments Due Year Two FinanceLeaseLiabilityPaymentsDueYearTwo	5000000	USD
CY2019Q1	us-gaap	Finance Lease Liability Payments Remainder Of Fiscal Year FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear	7000000	USD
CY2019Q1	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	2000000	USD
CY2019Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	2000000	USD
CY2019Q1	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	19000000	USD
CY2019Q1	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	3000000	USD
CY2019Q1	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.0485
CY2019Q1	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P4Y5M
CY2018Q4	us-gaap	Finite Lived Customer Relationships Gross FiniteLivedCustomerRelationshipsGross	893000000	USD
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CY2019Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	457000000	USD
CY2018Q4	us-gaap	Goodwill Goodwill	9360000000	USD
CY2019Q1	us-gaap	Goodwill Goodwill	9360000000	USD
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CY2018Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	130000000	USD
CY2019Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	171000000	USD
CY2018Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	171000000	USD
CY2019Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	197000000	USD
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CY2018Q1	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	16000000	USD
CY2019Q1	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	30000000	USD
CY2018Q1	us-gaap	Increase Decrease In Due From Related Parties Current IncreaseDecreaseInDueFromRelatedPartiesCurrent	109000000	USD
CY2019Q1	us-gaap	Lease Cost LeaseCost	11000000	USD
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CY2019Q1	us-gaap	Increase Decrease In Other Current Assets And Liabilities Net IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet	95000000	USD
CY2018Q1	us-gaap	Increase Decrease In Other Noncurrent Assets And Liabilities Net IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet	-1000000	USD
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CY2018Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	1000000	USD
CY2019Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	5000000	USD
CY2018Q1	us-gaap	Interest Expense InterestExpense	118000000	USD
CY2019Q1	us-gaap	Interest Expense InterestExpense	95000000	USD
CY2018Q1	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	13000000	USD
CY2019Q1	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	16000000	USD
CY2018Q1	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	7000000	USD
CY2019Q1	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	6000000	USD
CY2018Q1	us-gaap	Interest Paid Net InterestPaidNet	110000000	USD
CY2019Q1	us-gaap	Interest Paid Net InterestPaidNet	92000000	USD
CY2018Q4	us-gaap	Interest Payable Current InterestPayableCurrent	55000000	USD
CY2019Q1	us-gaap	Interest Payable Current InterestPayableCurrent	58000000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	157000000	USD
CY2018Q4	us-gaap	Liabilities Current LiabilitiesCurrent	2272000000	USD
CY2019Q1	us-gaap	Liabilities Current LiabilitiesCurrent	2185000000	USD
CY2019Q1	us-gaap	Long Term Debt LongTermDebt	6073000000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	33000000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	19000000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	23000000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	27000000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	29000000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	26000000	USD
CY2019Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	32000000	USD
CY2018Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	20583000000	USD
CY2019Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	20680000000	USD
CY2018Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	5948000000	USD
CY2019Q1	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	5947000000	USD
CY2018Q4	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	11000000	USD
CY2019Q1	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	9000000	USD
CY2019Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	5109000000	USD
CY2019Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	1000000	USD
CY2019Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	0	USD
CY2019Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	951000000	USD
CY2019Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	5000000	USD
CY2019Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	7000000	USD
CY2019Q1	us-gaap	Loss Contingency Estimate Of Possible Loss LossContingencyEstimateOfPossibleLoss	22000000	USD
CY2019Q1	us-gaap	Loss Contingency Patents Allegedly Infringed Number LossContingencyPatentsAllegedlyInfringedNumber	1	patent
CY2018Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-304000000	USD
CY2019Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-353000000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-400000000	USD
CY2019Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-375000000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	709000000	USD
CY2019Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	732000000	USD
CY2018Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	380000000	USD
CY2019Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	487000000	USD
CY2018Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-122000000	USD
CY2019Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-102000000	USD
CY2018Q4	us-gaap	Notes Payable Related Parties Classified Current NotesPayableRelatedPartiesClassifiedCurrent	1008000000	USD
CY2019Q1	us-gaap	Notes Payable Related Parties Classified Current NotesPayableRelatedPartiesClassifiedCurrent	1038000000	USD
CY2019Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2019Q1	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	14	state
CY2018Q1	us-gaap	Operating Expenses OperatingExpenses	1498000000	USD
CY2019Q1	us-gaap	Operating Expenses OperatingExpenses	1295000000	USD
CY2018Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	632000000	USD
CY2019Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	760000000	USD
CY2019Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	8000000	USD
CY2018Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	85000000	USD
CY2019Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	81000000	USD
CY2019Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	125000000	USD
CY2019Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	32000000	USD
CY2019Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	93000000	USD
CY2019Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	9000000	USD
CY2019Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	117000000	USD
CY2019Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0670
CY2019Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y10M
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	164000000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	35000000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals	22000000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	19000000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	23000000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	27000000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	28000000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	32000000	USD
CY2018Q4	us-gaap	Other Assets Current OtherAssetsCurrent	147000000	USD
CY2019Q1	us-gaap	Other Assets Current OtherAssetsCurrent	159000000	USD
CY2018Q4	us-gaap	Other Assets Miscellaneous Current OtherAssetsMiscellaneousCurrent	31000000	USD
CY2019Q1	us-gaap	Other Assets Miscellaneous Current OtherAssetsMiscellaneousCurrent	16000000	USD
CY2018Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	96000000	USD
CY2019Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	93000000	USD
CY2018Q4	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	311000000	USD
CY2019Q1	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	355000000	USD
CY2018Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	75000000	USD
CY2019Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	84000000	USD
CY2018Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	547000000	USD
CY2019Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	550000000	USD
CY2018Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	9000000	USD
CY2019Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	9000000	USD
CY2018Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	300000000	USD
CY2019Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	350000000	USD
CY2018Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	292000000	USD
CY2019Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	288000000	USD
CY2018Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	37000000	USD
CY2019Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	64000000	USD
CY2018Q1	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	1000000	USD
CY2019Q1	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	23000000	USD
CY2018Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	8077000000	USD
CY2019Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	8007000000	USD
CY2018Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	23000000	USD
CY2019Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	14000000	USD
CY2018Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	4000000	USD
CY2019Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	3000000	USD
CY2018Q1	us-gaap	Restricted Cash RestrictedCash	2000000	USD
CY2019Q1	us-gaap	Restricted Cash RestrictedCash	2000000	USD
CY2018Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-182000000	USD
CY2019Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-45000000	USD
CY2018Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	2052000000	USD
CY2019Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1928000000	USD
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	166000000	USD
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P2Y9M
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation Percentage RevenueRemainingPerformanceObligationPercentage	1.00
CY2018Q1	us-gaap	Revenues Revenues	2130000000	USD
CY2019Q1	us-gaap	Revenues Revenues	2055000000	USD
CY2018Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	215000000	USD
CY2019Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	157000000	USD
CY2018Q1	us-gaap	Stockholders Equity StockholdersEquity	9545000000	USD
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	9868000000	USD
CY2019Q1	us-gaap	Stockholders Equity StockholdersEquity	10005000000	USD
CY2018Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	140000000	USD
CY2019Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	170000000	USD

Files In Submission

Name	View Source	Status
0000068622-19-000007-index-headers.html	Edgar Link	pending
0000068622-19-000007-index.html	Edgar Link	pending
0000068622-19-000007.txt	Edgar Link	pending
0000068622-19-000007-xbrl.zip	Edgar Link	pending
ctl-20190331.xml	Edgar Link	completed
ctl-20190331.xsd	Edgar Link	pending
ctl-20190331_cal.xml	Edgar Link	unprocessable
ctl-20190331_def.xml	Edgar Link	unprocessable
ctl-20190331_lab.xml	Edgar Link	unprocessable
ctl-20190331_pre.xml	Edgar Link	unprocessable
ctq2019033110q.htm	Edgar Link	pending
ctq2019033110qex311.htm	Edgar Link	pending
ctq2019033110qex312.htm	Edgar Link	pending
ctq2019033110qex32.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
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R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$CTBB
Stock $ctbb

2019 Q2 Form 10-Q Financial Statement

#000006862219000007 Filed on May 13, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CTBB Stock $ctbb

2019 Q2 Form 10-Q Financial Statement

#000006862219000007 Filed on May 13, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CTBB
Stock $ctbb