2024 Q3 Form 10-Q Financial Statement
#000001892624000094 Filed on August 06, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
Revenue | $3.221B | $3.268B |
YoY Change | -11.54% | -10.73% |
Cost Of Revenue | $1.692B | $1.653B |
YoY Change | -8.54% | -5.0% |
Gross Profit | $1.529B | $1.615B |
YoY Change | -14.63% | -15.93% |
Gross Profit Margin | 47.47% | 49.42% |
Selling, General & Admin | $696.0M | $742.0M |
YoY Change | -12.01% | -6.08% |
% of Gross Profit | 45.52% | 45.94% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $707.0M | $743.0M |
YoY Change | -6.36% | -0.4% |
% of Gross Profit | 46.24% | 46.01% |
Operating Expenses | $696.0M | $742.0M |
YoY Change | -12.01% | -51.69% |
Operating Profit | $126.0M | $135.0M |
YoY Change | -43.5% | -64.94% |
Interest Expense | -$329.0M | -$179.0M |
YoY Change | -211.53% | -37.19% |
% of Operating Profit | -261.11% | -132.59% |
Other Income/Expense, Net | -$298.0M | -$176.0M |
YoY Change | -3.25% | 486.67% |
Pretax Income | -$172.0M | -$41.00M |
YoY Change | 102.35% | -99.53% |
Income Tax | -$24.00M | $8.000M |
% Of Pretax Income | ||
Net Earnings | -$148.0M | -$49.00M |
YoY Change | 89.74% | -99.44% |
Net Earnings / Revenue | -4.59% | -1.5% |
Basic Earnings Per Share | -$0.15 | -$0.05 |
Diluted Earnings Per Share | -$0.15 | -$0.05 |
COMMON SHARES | ||
Basic Shares Outstanding | 1.017B shares | 1.015B shares |
Diluted Shares Outstanding | 988.8M shares | 987.2M shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $2.640B | $1.495B |
YoY Change | 748.87% | 263.75% |
Cash & Equivalents | $2.640B | $1.495B |
Short-Term Investments | ||
Other Short-Term Assets | $871.0M | $971.0M |
YoY Change | -11.3% | -63.71% |
Inventory | $173.0M | $184.0M |
Prepaid Expenses | $357.0M | $417.0M |
Receivables | $1.225B | $1.294B |
Other Receivables | $16.00M | $21.00M |
Total Short-Term Assets | $4.736B | $3.760B |
YoY Change | 1.94% | -22.84% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $20.34B | $20.09B |
YoY Change | 3.76% | 3.38% |
Goodwill | $1.964B | $1.964B |
YoY Change | -49.17% | -49.17% |
Intangibles | $4.967B | $5.127B |
YoY Change | -13.53% | -13.09% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $1.978B | $2.003B |
YoY Change | -4.03% | -4.62% |
Total Long-Term Assets | $29.25B | $29.18B |
YoY Change | -6.47% | -6.75% |
TOTAL ASSETS | ||
Total Short-Term Assets | $4.736B | $3.760B |
Total Long-Term Assets | $29.25B | $29.18B |
Total Assets | $33.99B | $32.94B |
YoY Change | -5.38% | -8.92% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $905.0M | $995.0M |
YoY Change | -10.84% | -15.03% |
Accrued Expenses | $1.199B | $1.105B |
YoY Change | 2.65% | 0.09% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $415.0M | $192.0M |
YoY Change | 167.74% | 24.68% |
Total Short-Term Liabilities | $3.940B | $3.738B |
YoY Change | 0.51% | -5.68% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $18.14B | $18.41B |
YoY Change | -8.1% | -7.48% |
Other Long-Term Liabilities | $2.637B | $2.637B |
YoY Change | 0.42% | -61.32% |
Total Long-Term Liabilities | $2.637B | $2.637B |
YoY Change | 0.42% | -90.13% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $3.940B | $3.738B |
Total Long-Term Liabilities | $2.637B | $2.637B |
Total Liabilities | $6.577B | $6.375B |
YoY Change | 0.47% | -81.19% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$18.05B | -$17.90B |
YoY Change | 13.87% | 13.49% |
Common Stock | $1.015B | $1.016B |
YoY Change | 0.69% | 0.79% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $342.0M | $466.0M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $33.99B | $32.94B |
YoY Change | -5.38% | -8.92% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$148.0M | -$49.00M |
YoY Change | 89.74% | -99.44% |
Depreciation, Depletion And Amortization | $707.0M | $743.0M |
YoY Change | -6.36% | -0.4% |
Cash From Operating Activities | $2.032B | $511.0M |
YoY Change | 130.65% | -611.0% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $850.0M | $753.0M |
YoY Change | 0.83% | -5.4% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $45.00M | $257.0M |
YoY Change | 181.25% | 3571.43% |
Cash From Investing Activities | -$805.0M | -$496.0M |
YoY Change | -2.66% | -37.14% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -81.00M | -100.0M |
YoY Change | -53.18% | -163.29% |
NET CHANGE | ||
Cash From Operating Activities | 2.032B | 511.0M |
Cash From Investing Activities | -805.0M | -496.0M |
Cash From Financing Activities | -81.00M | -100.0M |
Net Change In Cash | 1.146B | -85.00M |
YoY Change | -1063.03% | -88.37% |
FREE CASH FLOW | ||
Cash From Operating Activities | $2.032B | $511.0M |
Capital Expenditures | $850.0M | $753.0M |
Free Cash Flow | $1.182B | -$242.0M |
YoY Change | 3010.53% | -72.99% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
2300000000 | usd |
CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
2800000000 | usd |
CY2023Q2 | us-gaap |
Operating Lease Income Comprehensive Income Extensible List
OperatingLeaseIncomeComprehensiveIncomeExtensibleList
|
http://fasb.org/us-gaap/2024#Revenues | |
CY2024Q2 | us-gaap |
Operating Lease Income Comprehensive Income Extensible List
OperatingLeaseIncomeComprehensiveIncomeExtensibleList
|
http://fasb.org/us-gaap/2024#Revenues | |
us-gaap |
Operating Lease Income Comprehensive Income Extensible List
OperatingLeaseIncomeComprehensiveIncomeExtensibleList
|
http://fasb.org/us-gaap/2024#Revenues | ||
us-gaap |
Operating Lease Income Comprehensive Income Extensible List
OperatingLeaseIncomeComprehensiveIncomeExtensibleList
|
http://fasb.org/us-gaap/2024#Revenues | ||
CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P6M | |
CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P1Y | |
CY2024Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
7000 | shares |
CY2024Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
7000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
7000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
7000 | shares |
us-gaap |
Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
|
-301000000 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
|
-132000000 | usd | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-25000000 | usd | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
51000000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1613000000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
495000000 | usd | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
1466000000 | usd | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
1436000000 | usd | |
us-gaap |
Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
|
5000000 | usd | |
us-gaap |
Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
|
-3000000 | usd | |
us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
264000000 | usd | |
us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
26000000 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-13000000 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-2000000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1194000000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1405000000 | usd | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
1325000000 | usd | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1997000000 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
100000000 | usd | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
-200000000 | usd | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
200000000 | usd | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
3000000 | usd | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
9000000 | usd | |
lumn |
Payments Of Debt Issuance And Extinguishment Costs And Related Fees
PaymentsOfDebtIssuanceAndExtinguishmentCostsAndRelatedFees
|
282000000 | usd | |
lumn |
Payments Of Debt Issuance And Extinguishment Costs And Related Fees
PaymentsOfDebtIssuanceAndExtinguishmentCostsAndRelatedFees
|
13000000 | usd | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-3000000 | usd | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-6000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1160000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
72000000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-741000000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-838000000 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
2248000000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1307000000 | usd |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-582000000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1270000000 | usd | |
us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
79000000 | usd | |
us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
45000000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
571000000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
561000000 | usd | |
lumn |
Cancellation Of Debt
CancellationOfDebt
|
0 | usd | |
lumn |
Cancellation Of Debt
CancellationOfDebt
|
1554000000 | usd | |
us-gaap |
Notes Issued1
NotesIssued1
|
0 | usd | |
us-gaap |
Notes Issued1
NotesIssued1
|
924000000 | usd | |
CY2024Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1495000000 | usd |
CY2023Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
411000000 | usd |
CY2024Q2 | lumn |
Disposal Group Including Discontinued Operation Cash And Cash Equivalents And Restricted Cash
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalentsAndRestrictedCash
|
0 | usd |
CY2023Q2 | lumn |
Disposal Group Including Discontinued Operation Cash And Cash Equivalents And Restricted Cash
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalentsAndRestrictedCash
|
47000000 | usd |
CY2024Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
2000000 | usd |
CY2023Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
0 | usd |
CY2024Q2 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
10000000 | usd |
CY2023Q2 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
11000000 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1507000000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
469000000 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
466000000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2221000000 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
466000000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2221000000 | usd |
lumn |
Number Of Business Divestitures
NumberOfBusinessDivestitures
|
3 | divestiture | |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
We reclassified certain prior period amounts to conform to the current period presentation, including the recategorization of our Business revenue by product category and sales channel in our segment reporting. | ||
CY2024Q2 | us-gaap |
Bank Overdrafts
BankOverdrafts
|
5000000 | usd |
CY2023Q4 | us-gaap |
Bank Overdrafts
BankOverdrafts
|
0 | usd |
CY2024Q2 | us-gaap |
Goodwill
Goodwill
|
1964000000 | usd |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
1964000000 | usd |
CY2024Q2 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
9000000 | usd |
CY2023Q4 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
9000000 | usd |
CY2024Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
5127000000 | usd |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
5470000000 | usd |
CY2024Q2 | lumn |
Intangible Assets Gross Including Goodwill
IntangibleAssetsGrossIncludingGoodwill
|
15400000000 | usd |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segment | |
CY2023Q4 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
21700000000 | usd |
CY2024Q2 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
21700000000 | usd |
us-gaap |
Number Of Reporting Units
NumberOfReportingUnits
|
3 | reporting_unit | |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd | |
CY2023Q2 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
8800000000 | usd |
CY2024Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
277000000 | usd |
CY2023Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
263000000 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
549000000 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
523000000 | usd | |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
479000000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
900000000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
847000000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
759000000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
688000000 | usd |
CY2024Q2 | lumn |
Finite Lived Intangible Asset Expected Amortization After Year Four And Thereafter
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFourAndThereafter
|
1445000000 | usd |
CY2024Q2 | us-gaap |
Revenues
Revenues
|
3268000000 | usd |
CY2024Q2 | us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
250000000 | usd |
CY2024Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
3018000000 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
3661000000 | usd |
CY2023Q2 | us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
266000000 | usd |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
3395000000 | usd |
us-gaap |
Revenues
Revenues
|
6558000000 | usd | |
us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
479000000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
6079000000 | usd | |
us-gaap |
Revenues
Revenues
|
7399000000 | usd | |
us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
542000000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
6857000000 | usd | |
CY2024Q2 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
240000000 | usd |
CY2023Q2 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
257000000 | usd |
CY2023Q2 | lumn |
Operating Lease Lease Income Percent Of Operating Revenue
OperatingLeaseLeaseIncomePercentOfOperatingRevenue
|
0.07 | |
CY2024Q2 | lumn |
Operating Lease Lease Income Percent Of Operating Revenue
OperatingLeaseLeaseIncomePercentOfOperatingRevenue
|
0.07 | |
us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
461000000 | usd | |
us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
526000000 | usd | |
lumn |
Operating Lease Lease Income Percent Of Operating Revenue
OperatingLeaseLeaseIncomePercentOfOperatingRevenue
|
0.07 | ||
lumn |
Operating Lease Lease Income Percent Of Operating Revenue
OperatingLeaseLeaseIncomePercentOfOperatingRevenue
|
0.07 | ||
CY2024Q2 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
1263000000 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
1256000000 | usd |
CY2024Q2 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
23000000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
29000000 | usd |
CY2024Q2 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
701000000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
698000000 | usd |
CY2024Q2 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
1300000000 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
1300000000 | usd |
CY2024Q2 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
43000000 | usd |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
343000000 | usd | |
CY2023Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
698000000 | usd |
CY2023Q2 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
42000000 | usd |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
347000000 | usd | |
CY2022Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
715000000 | usd |
CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
6800000000 | usd |
CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
1700000000 | usd |
CY2023Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
67000000 | usd |
us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
39000000 | usd | |
us-gaap |
Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
|
50000000 | usd | |
us-gaap |
Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
|
6000000 | usd | |
CY2024Q2 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
62000000 | usd |
CY2024Q2 | lumn |
Number Of Subsidiary
NumberOfSubsidiary
|
3 | subsidiary |
CY2024Q2 | lumn |
Finance Lease And Other Obligations
FinanceLeaseAndOtherObligations
|
270000000 | usd |
CY2023Q4 | lumn |
Finance Lease And Other Obligations
FinanceLeaseAndOtherObligations
|
285000000 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
476000000 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
4000000 | usd |
CY2024Q2 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
235000000 | usd |
CY2023Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
145000000 | usd |
CY2024Q2 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
18603000000 | usd |
CY2023Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
19988000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
192000000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
157000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
18411000000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
19831000000 | usd |
CY2024Q2 | lumn |
Long Term Debt And Lease Obligation Maturity Remainder Of Fiscal Year
LongTermDebtAndLeaseObligationMaturityRemainderOfFiscalYear
|
43000000 | usd |
CY2024Q2 | lumn |
Long Term Debt And Lease Obligation Maturity Year One
LongTermDebtAndLeaseObligationMaturityYearOne
|
466000000 | usd |
CY2024Q2 | lumn |
Long Term Debt And Lease Obligation Maturity Year Two
LongTermDebtAndLeaseObligationMaturityYearTwo
|
238000000 | usd |
CY2024Q2 | lumn |
Long Term Debt And Lease Obligation Maturity Year Three
LongTermDebtAndLeaseObligationMaturityYearThree
|
847000000 | usd |
CY2024Q2 | lumn |
Long Term Debt And Lease Obligation Maturity Year Four
LongTermDebtAndLeaseObligationMaturityYearFour
|
1162000000 | usd |
CY2024Q2 | lumn |
Long Term Debt And Lease Obligation Maturity Year Four And Thereafter
LongTermDebtAndLeaseObligationMaturityYearFourAndThereafter
|
16558000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
|
19314000000 | usd |
us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
2258000000 | usd | |
lumn |
Exchanges Of Debt
ExchangesOfDebt
|
10244000000 | usd | |
CY2024Q2 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
11970000000 | usd |
CY2024Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
275000000 | usd |
lumn |
Debt Fair Value Adjustment
DebtFairValueAdjustment
|
-492000000 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
278000000 | usd | |
lumn |
Payment For Lender Fees
PaymentForLenderFees
|
209000000 | usd | |
lumn |
Payment For Third Party Costs
PaymentForThirdPartyCosts
|
174000000 | usd | |
CY2024Q2 | lumn |
Debt Instrument Capitalized Lender Fees
DebtInstrumentCapitalizedLenderFees
|
52000000 | usd |
CY2024Q2 | lumn |
Debt Instrument Capitalized Third Party Costs
DebtInstrumentCapitalizedThirdPartyCosts
|
62000000 | usd |
CY2024Q2 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
221000000 | usd |
us-gaap |
Severance Costs1
SeveranceCosts1
|
2000000 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-49000000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8736000000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
8000000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-8225000000 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-49000000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-8736000000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
8000000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-8225000000 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-49000000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-8736000000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
8000000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-8225000000 | usd | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
1015857000 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
1006229000 | shares |
us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
1013603000 | shares | |
us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
1004948000 | shares | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
28618000 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
22776000 | shares |
us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
27556000 | shares | |
us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
22443000 | shares | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
987239000 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
983453000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
986047000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
982505000 | shares | |
CY2024Q2 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares |
CY2023Q2 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares |
us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
10000 | shares | |
us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares | |
CY2024Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2023Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1167000 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
987239000 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
983453000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
987224000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
982505000 | shares | |
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.05 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-8.88 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.01 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-8.37 | ||
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.05 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-8.88 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.01 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-8.37 | ||
CY2024Q2 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-23000000 | usd |
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-3000000 | usd | |
CY2023Q2 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
2000000 | usd |
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-59000000 | usd | |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | segment | |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segment | |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | segment | |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segment | |
CY2024Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-41000000 | usd |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-8690000000 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
61000000 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-8010000000 | usd | |
CY2024Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
8000000 | usd |
CY2023Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
46000000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
53000000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
215000000 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-49000000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8736000000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
8000000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-8225000000 | usd | |
CY2024Q2 | us-gaap |
Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
|
82000000 | usd |
CY2024Q2 | us-gaap |
Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
|
82000000 | usd |
CY2021Q4 | lumn |
Loss Contingency Number Of People Killed
LossContingencyNumberOfPeopleKilled
|
2 | people |
us-gaap |
Loss Contingency Patents Allegedly Infringed Number
LossContingencyPatentsAllegedlyInfringedNumber
|
1 | patent | |
CY2024Q2 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
417000000 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
395000000 | usd |
CY2024Q2 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
21000000 | usd |
CY2023Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
273000000 | usd |
CY2024Q2 | us-gaap |
Materials Supplies And Other
MaterialsSuppliesAndOther
|
184000000 | usd |
CY2023Q4 | us-gaap |
Materials Supplies And Other
MaterialsSuppliesAndOther
|
209000000 | usd |
CY2024Q2 | us-gaap |
Other Deferred Costs Net
OtherDeferredCostsNet
|
15000000 | usd |
CY2023Q4 | us-gaap |
Other Deferred Costs Net
OtherDeferredCostsNet
|
19000000 | usd |
CY2024Q2 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
|
107000000 | usd |
CY2023Q4 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
|
104000000 | usd |
CY2024Q2 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
21000000 | usd |
CY2023Q4 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
14000000 | usd |
CY2024Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
971000000 | usd |
CY2023Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1223000000 | usd |
us-gaap |
Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
|
205000000 | usd | |
CY2024Q2 | us-gaap |
Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
|
205000000 | usd |
CY2022Q4 | us-gaap |
Stock Repurchase Program Period In Force1
StockRepurchaseProgramPeriodInForce1
|
P2Y | |
CY2022Q4 | srt |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
1500000000 | usd |
CY2024Q2 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
0 | shares |
us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
0 | shares | |
CY2024Q2 | srt |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
1300000000 | usd |
us-gaap |
Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
|
-5000000 | usd | |
us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
-29000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
24000000 | usd | |
us-gaap |
Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
|
20000000 | usd | |
us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
-26000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
46000000 | usd |