$CTBB

2021 Q4 Form 10-Q Financial Statement

#000006862221000014 Filed on November 04, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q4
Revenue $1.730B
YoY Change -3.94%
Cost Of Revenue $426.0M
YoY Change -19.32%
Gross Profit $1.304B
YoY Change 2.44%
Gross Profit Margin 75.38%
Selling, General & Admin $36.00M
YoY Change -71.88%
% of Gross Profit 2.76%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $36.00M
YoY Change -71.88%
Operating Profit $859.0M
YoY Change 39.22%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$75.00M
YoY Change -28.57%
Pretax Income $784.0M
YoY Change 53.13%
Income Tax $202.0M
% Of Pretax Income 25.77%
Net Earnings $582.0M
YoY Change
Net Earnings / Revenue 33.64%
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 2021 Q4 2021 Q3 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $2.000M $2.000M $14.00M
Short-Term Investments
Other Short-Term Assets $187.0M $180.0M $122.0M
YoY Change 53.28% 35.34% -4.69%
Inventory
Prepaid Expenses $50.00M $45.00M $40.00M
Receivables $301.0M $339.0M $364.0M
Other Receivables
Total Short-Term Assets $490.0M $889.0M $500.0M
YoY Change -2.0% 64.33% -79.89%
LONG-TERM ASSETS
Property, Plant & Equipment $8.180B $8.168B $8.309B
YoY Change -1.55% -1.84% 1.7%
Goodwill $9.360B $9.360B $9.360B
YoY Change 0.0% 0.0% 0.0%
Intangibles $199.0M $215.0M $343.0M
YoY Change -41.98% -52.64% -55.97%
Long-Term Investments
YoY Change
Other Assets $141.0M $161.0M $147.0M
YoY Change -4.08% -9.55% -27.94%
Total Long-Term Assets $17.88B $17.90B $18.16B
YoY Change -1.54% -2.23% -1.91%
TOTAL ASSETS
Total Short-Term Assets $490.0M $889.0M $500.0M
Total Long-Term Assets $17.88B $17.90B $18.16B
Total Assets $18.37B $18.79B $18.66B
YoY Change -1.55% -0.32% -11.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $206.0M $239.0M $292.0M
YoY Change -29.45% -18.43% -27.54%
Accrued Expenses
YoY Change
Deferred Revenue $174.0M $179.0M $183.0M
YoY Change -4.92% -3.24% -8.96%
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.036B $3.003B $3.604B
YoY Change -43.51% 43.14% 5.72%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities $670.0M $694.0M $685.0M
YoY Change -2.19% -3.61% -3.79%
Total Long-Term Liabilities $670.0M $694.0M $685.0M
YoY Change -2.19% -3.61% -3.79%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.036B $3.003B $3.604B
Total Long-Term Liabilities $670.0M $694.0M $685.0M
Total Liabilities $2.706B $3.697B $4.289B
YoY Change -36.91% 31.19% 4.08%
SHAREHOLDERS EQUITY
Retained Earnings $1.585B $1.051B $48.00M
YoY Change 3202.08% 3792.59% -28.36%
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 $11.64B $11.10B $10.10B
YoY Change
Total Liabilities & Shareholders Equity $18.37B $18.79B $18.66B
YoY Change -1.55% -0.32% -11.14%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q4
OPERATING ACTIVITIES
Net Income $582.0M
YoY Change
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0000068622
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Amendment Flag
AmendmentFlag
false
CY2019 us-gaap Accounting Standards Update Extensible List
AccountingStandardsUpdateExtensibleList
http://fasb.org/us-gaap/2021-01-31#AccountingStandardsUpdate201613Member
CY2021Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P2Y3M
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2021-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-03040
dei Entity Registrant Name
EntityRegistrantName
QWEST CORPORATION
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
CO
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
84-0273800
dei Entity Address Address Line1
EntityAddressAddressLine1
100 CenturyLink Drive,
dei Entity Address City Or Town
EntityAddressCityOrTown
Monroe,
dei Entity Address State Or Province
EntityAddressStateOrProvince
LA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
71203
dei City Area Code
CityAreaCode
318
dei Local Phone Number
LocalPhoneNumber
388-9000
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2021Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
1 shares
CY2021Q3 us-gaap Revenues
Revenues
1730000000 USD
CY2020Q3 us-gaap Revenues
Revenues
1801000000 USD
us-gaap Revenues
Revenues
5246000000 USD
us-gaap Revenues
Revenues
5518000000 USD
CY2021Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
426000000 USD
CY2020Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
528000000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1305000000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1491000000 USD
CY2021Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
36000000 USD
CY2020Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
128000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
249000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
410000000 USD
CY2021Q3 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
177000000 USD
CY2020Q3 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
198000000 USD
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
561000000 USD
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
557000000 USD
CY2021Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
232000000 USD
CY2020Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
330000000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
780000000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
985000000 USD
CY2021Q3 us-gaap Costs And Expenses
CostsAndExpenses
871000000 USD
CY2020Q3 us-gaap Costs And Expenses
CostsAndExpenses
1184000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
2895000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
3443000000 USD
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
859000000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
617000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
2351000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
2075000000 USD
CY2021Q3 us-gaap Interest Expense Other
InterestExpenseOther
47000000 USD
CY2020Q3 us-gaap Interest Expense Other
InterestExpenseOther
69000000 USD
us-gaap Interest Expense Other
InterestExpenseOther
142000000 USD
us-gaap Interest Expense Other
InterestExpenseOther
219000000 USD
CY2021Q3 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
25000000 USD
CY2020Q3 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
18000000 USD
us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
87000000 USD
us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
50000000 USD
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3000000 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-18000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-7000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-31000000 USD
CY2021Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-75000000 USD
CY2020Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-105000000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-236000000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-300000000 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
784000000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
512000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2115000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1775000000 USD
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
202000000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
133000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
542000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
463000000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
582000000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
379000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1573000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1312000000 USD
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2000000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
14000000 USD
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
39000000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
61000000 USD
CY2021Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
339000000 USD
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
364000000 USD
CY2021Q3 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
368000000 USD
CY2020Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
0 USD
CY2021Q3 us-gaap Other Assets Current
OtherAssetsCurrent
180000000 USD
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
122000000 USD
CY2021Q3 us-gaap Assets Current
AssetsCurrent
889000000 USD
CY2020Q4 us-gaap Assets Current
AssetsCurrent
500000000 USD
CY2021Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
8913000000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
8347000000 USD
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8168000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8309000000 USD
CY2021Q3 us-gaap Goodwill
Goodwill
9360000000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
9360000000 USD
CY2021Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
215000000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
343000000 USD
CY2021Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
161000000 USD
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
147000000 USD
CY2021Q3 lumn Intangible Assets Net Including Goodwill And Other Assets Noncurrent
IntangibleAssetsNetIncludingGoodwillAndOtherAssetsNoncurrent
9736000000 USD
CY2020Q4 lumn Intangible Assets Net Including Goodwill And Other Assets Noncurrent
IntangibleAssetsNetIncludingGoodwillAndOtherAssetsNoncurrent
9850000000 USD
CY2021Q3 us-gaap Assets
Assets
18793000000 USD
CY2020Q4 us-gaap Assets
Assets
18659000000 USD
CY2021Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
950000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
948000000 USD
CY2021Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
239000000 USD
CY2020Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
292000000 USD
CY2021Q3 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
0 USD
CY2020Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
592000000 USD
CY2021Q3 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
1187000000 USD
CY2020Q4 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
1130000000 USD
CY2021Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
144000000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
178000000 USD
CY2021Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
112000000 USD
CY2020Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
95000000 USD
CY2021Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
192000000 USD
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
186000000 USD
CY2021Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
179000000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
183000000 USD
CY2021Q3 us-gaap Liabilities Current
LiabilitiesCurrent
3003000000 USD
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
3604000000 USD
CY2021Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2156000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2386000000 USD
CY2021Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1225000000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1249000000 USD
CY2021Q3 us-gaap Due To Affiliate Noncurrent
DueToAffiliateNoncurrent
614000000 USD
CY2020Q4 us-gaap Due To Affiliate Noncurrent
DueToAffiliateNoncurrent
637000000 USD
CY2021Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
694000000 USD
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
685000000 USD
CY2021Q3 us-gaap Deferred Credits And Other Liabilities Noncurrent
DeferredCreditsAndOtherLiabilitiesNoncurrent
2533000000 USD
CY2020Q4 us-gaap Deferred Credits And Other Liabilities Noncurrent
DeferredCreditsAndOtherLiabilitiesNoncurrent
2571000000 USD
CY2021Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2020Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2021Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1 shares
CY2021Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
1 shares
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
1 shares
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1 shares
CY2021Q3 us-gaap Common Stock Value
CommonStockValue
10050000000 USD
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
10050000000 USD
CY2021Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1051000000 USD
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
48000000 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
11101000000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
10098000000 USD
CY2021Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
18793000000 USD
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
18659000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1573000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1312000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
780000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
985000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-24000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-30000000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
18000000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
45000000 USD
us-gaap Increase Decrease In Notes Payable Related Parties Current
IncreaseDecreaseInNotesPayableRelatedPartiesCurrent
57000000 USD
us-gaap Increase Decrease In Notes Payable Related Parties Current
IncreaseDecreaseInNotesPayableRelatedPartiesCurrent
61000000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-8000000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-36000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-7000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-70000000 USD
us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
-19000000 USD
us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
-34000000 USD
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
17000000 USD
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
12000000 USD
us-gaap Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
113000000 USD
us-gaap Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
193000000 USD
us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
-10000000 USD
us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
-45000000 USD
us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
-23000000 USD
us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
-54000000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
8000000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-4000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2299000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2251000000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
557000000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
885000000 USD
us-gaap Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
368000000 USD
us-gaap Proceeds From Collection Of Advance To Affiliate
ProceedsFromCollectionOfAdvanceToAffiliate
1842000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
31000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
2000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-894000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
959000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
235000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1860000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
570000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
1350000000 USD
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
-592000000 USD
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
4000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1397000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3206000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
8000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4000000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
15000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4000000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
23000000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
557000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
473000000 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
14000000 USD
CY2021Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
14 state
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
24000000 USD
us-gaap Interest Paid Net
InterestPaidNet
129000000 USD
us-gaap Interest Paid Net
InterestPaidNet
232000000 USD
lumn Sale Of Property Plant And Equipment In Exchange For Receivable
SaleOfPropertyPlantAndEquipmentInExchangeForReceivable
56000000 USD
lumn Sale Of Property Plant And Equipment In Exchange For Receivable
SaleOfPropertyPlantAndEquipmentInExchangeForReceivable
0 USD
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2000000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6000000 USD
CY2021Q3 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
21000000 USD
CY2020Q3 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
2000000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
23000000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8000000 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
11101000000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
10077000000 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
11101000000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
10077000000 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
We reclassified certain prior period amounts to conform to the current period presentation, including our revenue by product and service categories.
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2021Q3 us-gaap Goodwill
Goodwill
9360000000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
9360000000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
215000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
343000000 USD
us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 reporting_unit
CY2021Q3 lumn Intangible Assets Gross Including Goodwill
IntangibleAssetsGrossIncludingGoodwill
17100000000 USD
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
22000000 USD
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
120000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
154000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
365000000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
21000000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
86000000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
62000000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
13000000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
11000000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
187000000 USD
CY2020Q3 lumn Operating Lease Lease Income Percentof Operating Revenue
OperatingLeaseLeaseIncomePercentofOperatingRevenue
0.04
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
239000000 USD
CY2021Q3 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
122000000 USD
CY2021Q3 us-gaap Revenues
Revenues
1730000000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1608000000 USD
CY2020Q3 us-gaap Revenues
Revenues
1801000000 USD
CY2020Q3 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
118000000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1683000000 USD
us-gaap Revenues
Revenues
5246000000 USD
us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
359000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4887000000 USD
us-gaap Revenues
Revenues
5518000000 USD
us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
360000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5158000000 USD
CY2021Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
82000000 USD
CY2020Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
77000000 USD
CY2021Q3 lumn Operating Lease Lease Income Percentof Operating Revenue
OperatingLeaseLeaseIncomePercentofOperatingRevenue
0.05
lumn Operating Lease Lease Income Percentof Operating Revenue
OperatingLeaseLeaseIncomePercentofOperatingRevenue
0.04
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
234000000 USD
lumn Operating Lease Lease Income Percentof Operating Revenue
OperatingLeaseLeaseIncomePercentofOperatingRevenue
0.05
CY2021Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
333000000 USD
CY2020Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
346000000 USD
CY2021Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
11000000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
13000000 USD
CY2021Q3 lumn Contract With Customer Contract Liability
ContractWithCustomerContractLiability
321000000 USD
CY2020Q4 lumn Contract With Customer Contract Liability
ContractWithCustomerContractLiability
300000000 USD
CY2021Q3 us-gaap Accounts Receivable Gross
AccountsReceivableGross
365000000 USD
CY2020Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
396000000 USD
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
32000000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
50000000 USD
CY2021Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
12000000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
570000000 USD
CY2020Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
13000000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
210000000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
188000000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.91
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
61000000 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
18000000 USD
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
50000000 USD
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
10000000 USD
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
39000000 USD
CY2021Q3 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-6000000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-5000000 USD
CY2021Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
53000000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
62000000 USD
CY2021Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
3106000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
3334000000 USD
CY2021Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
950000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
948000000 USD
CY2021Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2156000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2386000000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
951000000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
1000000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
250000000 USD
CY2021Q3 lumn Long Term Debt Maturity Year Five And Thereafter
LongTermDebtMaturityYearFiveAndThereafter
1951000000 USD
CY2021Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3153000000 USD
CY2021Q3 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
19000000 USD
CY2021Q3 us-gaap Loss Contingency Patents Allegedly Infringed Number
LossContingencyPatentsAllegedlyInfringedNumber
1 patent
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1400000000 USD
CY2021Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
45000000 USD
CY2020Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
40000000 USD
CY2021Q3 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
44000000 USD
CY2020Q4 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
47000000 USD
CY2021Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
30000000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
28000000 USD
CY2021Q3 lumn Receivable In Like Kind Exchange
ReceivableInLikeKindExchange
56000000 USD
CY2020Q4 lumn Receivable In Like Kind Exchange
ReceivableInLikeKindExchange
0 USD
CY2021Q3 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
5000000 USD
CY2020Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
7000000 USD
CY2021Q3 us-gaap Other Assets Current
OtherAssetsCurrent
180000000 USD
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
122000000 USD
CY2021Q3 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
459000000 USD
CY2020Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
448000000 USD
CY2021Q3 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
110000000 USD
CY2020Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
108000000 USD
CY2021Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
64000000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
76000000 USD
CY2021Q3 us-gaap Deferred Income Taxes And Other Liabilities Noncurrent
DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent
61000000 USD
CY2020Q4 us-gaap Deferred Income Taxes And Other Liabilities Noncurrent
DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent
53000000 USD
CY2021Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
694000000 USD
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
685000000 USD

Files In Submission

Name View Source Status
0000068622-21-000014-index-headers.html Edgar Link pending
0000068622-21-000014-index.html Edgar Link pending
0000068622-21-000014.txt Edgar Link pending
0000068622-21-000014-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
lumn-20210930.htm Edgar Link pending
lumn-20210930.xsd Edgar Link pending
lumn-20210930_cal.xml Edgar Link unprocessable
lumn-20210930_def.xml Edgar Link unprocessable
lumn-20210930_htm.xml Edgar Link completed
lumn-20210930_lab.xml Edgar Link unprocessable
lumn-20210930_pre.xml Edgar Link unprocessable
MetaLinks.json Edgar Link pending
qc2021093010qex311.htm Edgar Link pending
qc2021093010qex312.htm Edgar Link pending
qc2021093010qex321.htm Edgar Link pending
qc2021093010qex322.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
R9999.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending