Centurylink, inc. (CTL)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Dec'09
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents, at Carrying Value

1,564

1,690

1,404

410

441

488

390

700

501

551

160

342

214

222

140

191

438

126

355

155

155

128

734

181

219

168

266

214

476

211

194

281

1,530

128

1,123

2,546

269

173

243

186

161

Restricted cash

3

3

3

3

3

4

3

5

5

5

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for Doubtful Accounts Receivable, Current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

145

-

151

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, less allowance of $99 and $106

2,175

2,259

2,290

2,446

2,347

2,398

2,465

2,471

2,432

2,557

1,888

1,868

1,854

2,017

1,957

1,972

1,871

1,943

1,951

1,955

1,973

1,988

1,978

1,986

1,887

1,977

1,911

1,900

1,924

1,917

1,971

1,920

1,879

1,950

1,998

1,830

667

713

749

702

685

Assets held for sale

7

8

8

8

3

12

19

15

140

140

7

7

2,343

2,376

-

-

-

8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

450

596

718

-

715

803

1,010

1,165

1,004

906

883

916

1,019

1,018

992

1,019

252

276

79

81

79

73

83

Income tax receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

68

58

5

42

-

-

-

27

57

7

31

102

85

42

115

Materials and supplies, at average cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35

-

35

35

35

Other

941

808

884

1,011

1,026

918

1,237

1,260

1,105

941

639

691

557

547

631

628

617

573

594

599

622

580

591

628

632

597

563

570

587

552

649

628

481

393

378

348

57

74

34

43

41

Total current assets

4,690

4,768

4,589

3,878

3,820

3,820

4,114

4,451

4,183

4,194

2,694

2,908

4,968

5,162

2,728

2,791

2,926

2,650

3,350

3,305

3,468

2,696

4,018

3,598

3,748

3,907

3,812

3,648

3,875

3,638

3,833

3,847

4,882

3,517

3,808

5,007

1,140

1,143

1,227

1,083

1,123

Property, Plant and Equipment, Gross

-

-

-

-

-

-

-

-

-

51,204

41,352

40,744

39,642

39,194

40,304

39,763

39,229

38,785

38,250

37,642

37,100

36,718

35,970

35,404

34,847

34,307

33,724

33,204

32,571

31,933

31,288

30,623

30,188

29,585

28,606

26,595

16,516

16,329

16,101

15,876

-

Accumulated depreciation

-

-

-

-

-

-

-

-

-

24,352

23,718

23,161

22,626

22,155

22,464

21,869

21,266

20,716

20,182

19,553

18,917

18,285

17,647

16,969

16,354

15,661

15,059

14,427

13,746

13,024

12,275

11,569

10,893

10,141

9,316

8,571

7,868

7,575

7,299

7,010

-

Property, plant and equipment, net of accumulated depreciation of $29,814 and $29,346

25,956

26,079

25,874

25,860

25,793

26,408

26,168

26,494

26,826

26,852

17,634

17,583

17,016

17,039

17,840

17,894

17,963

18,069

18,068

18,089

18,183

18,433

18,323

18,435

18,493

18,646

18,665

18,777

18,825

18,909

19,013

19,054

19,295

19,444

19,290

18,024

8,648

8,754

8,801

8,866

9,097

GOODWILL AND OTHER ASSETS
Goodwill

21,473

21,534

21,507

21,527

21,526

28,031

30,770

30,715

30,778

30,475

19,638

19,639

19,650

19,650

20,766

20,766

20,743

20,742

20,757

20,758

20,753

20,755

20,664

20,674

20,674

20,674

20,637

21,744

21,733

21,627

21,732

21,732

21,726

21,732

21,702

20,266

10,260

10,261

10,260

10,260

10,251

Operating lease assets

1,667

1,686

1,721

1,844

1,952

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

24

24

24

27

30

26

27

27

31

31

6,004

6,015

-

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finite-Lived Intangible Assets, Net

7,245

7,596

7,902

8,245

8,580

8,911

9,309

9,667

10,058

10,876

2,214

2,401

2,596

2,797

3,254

3,472

-

-

-

4,399

4,644

-

5,146

5,402

5,667

5,935

6,206

6,482

6,765

7,052

7,341

7,635

7,937

8,239

8,651

8,199

-

930

-

-

1,130

Other Intangible Assets, Net

1,981

1,971

1,977

1,962

1,929

1,868

1,857

1,869

1,870

1,897

1,539

1,556

1,534

1,531

1,518

1,506

1,525

1,555

1,568

1,586

1,616

1,647

1,664

1,676

1,750

1,802

1,842

1,762

1,731

1,918

1,859

1,922

2,161

2,243

2,452

2,568

-

622

-

-

-

Other, net

1,020

1,084

1,134

1,165

1,158

1,192

1,126

1,123

1,047

1,286

813

823

838

836

690

689

662

660

849

840

856

679

831

829

834

823

822

841

800

796

854

900

-

869

-

-

-

-

1,930

1,988

643

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

841

-

832

778

1,851

328

-

-

315

Total goodwill and other assets

33,410

33,895

34,265

34,770

35,175

40,028

43,089

43,401

43,784

44,565

30,208

30,434

24,618

24,816

26,228

26,433

26,628

26,885

27,336

27,583

27,869

27,974

28,305

28,581

28,925

29,234

29,507

30,829

31,029

31,393

31,786

32,189

32,665

33,083

33,637

31,811

12,112

12,141

12,191

12,249

12,341

TOTAL ASSETS

64,056

64,742

64,728

64,508

64,788

70,256

73,371

74,346

74,793

75,611

50,536

50,925

46,602

47,017

46,796

47,118

47,517

47,604

48,754

48,977

49,520

49,103

50,646

50,614

51,166

51,787

51,984

53,254

53,729

53,940

54,632

55,090

56,842

56,044

56,735

54,842

21,901

22,038

22,220

22,199

22,562

LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES
Current maturities of long-term debt

1,129

2,300

1,744

1,595

632

652

778

437

437

443

124

196

1,499

1,503

1,534

1,451

517

1,503

1,910

1,519

202

550

1,169

1,188

1,126

785

191

302

1,193

1,205

1,198

1,903

2,200

480

1,034

1,610

7,168

12

7,061

7,178

7,253

Current maturities of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

-

496

496

500

Accounts payable

1,581

1,724

1,712

1,634

1,481

1,933

1,387

1,360

1,508

1,555

939

944

994

1,179

1,036

1,067

1,039

968

1,087

1,049

1,068

1,226

1,069

1,153

1,183

1,111

1,158

1,285

1,094

1,207

1,320

1,134

1,026

1,400

1,360

1,256

298

300

292

299

394

Accrued expenses and other liabilities
Salaries and benefits

729

1,037

882

921

823

1,104

993

929

798

890

679

669

583

802

548

562

462

602

682

576

578

641

699

572

598

650

679

584

601

683

778

653

692

633

697

719

176

159

197

243

255

Income and other taxes

354

311

388

374

386

337

409

344

390

370

357

290

460

301

330

505

458

318

535

423

418

309

372

342

410

339

397

366

398

356

418

371

425

383

453

387

135

124

167

148

98

Current operating lease liabilities

416

416

419

488

561

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

337

280

328

294

352

316

362

343

386

363

309

262

321

260

320

258

318

250

329

260

315

256

330

264

340

273

355

286

334

268

347

279

416

293

390

315

162

104

178

120

108

Other

369

386

318

337

297

357

374

358

428

344

216

238

177

213

255

272

302

220

268

225

259

210

224

208

255

514

498

259

274

234

254

269

279

255

252

234

109

122

139

141

168

Current portion of deferred revenue

788

804

798

852

841

832

983

750

820

892

642

644

656

672

710

727

730

743

736

745

739

726

714

716

709

737

700

666

689

642

616

598

605

573

551

543

178

190

177

181

182

Current liabilities associated with assets held for sale

-

-

-

-

-

-

-

-

-

-

0

0

406

419

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

5,703

7,258

6,589

6,495

5,373

5,531

5,286

4,521

4,767

4,857

3,266

3,243

5,096

5,349

4,733

4,842

3,826

4,604

5,547

4,797

3,579

3,918

4,577

4,443

4,621

4,409

3,978

3,748

4,583

4,595

4,931

5,207

5,643

4,017

4,737

5,064

1,073

1,011

1,649

1,629

1,707

LONG-TERM DEBT

33,481

32,394

33,381

33,193

34,858

35,409

35,749

36,878

36,940

37,283

24,854

24,881

18,180

18,185

18,184

18,165

19,508

18,722

18,504

18,834

20,254

19,953

19,982

19,771

19,814

20,181

20,391

20,283

19,595

19,400

19,508

19,682

20,667

21,356

21,142

19,734

-

7,316

-

-

-

DEFERRED CREDITS AND OTHER LIABILITIES
Deferred income taxes, net

2,957

2,918

2,910

2,826

2,701

2,527

2,502

2,407

2,196

2,413

3,128

3,230

3,461

3,471

3,653

3,625

3,596

3,569

3,742

3,834

3,921

3,154

4,629

4,610

4,709

4,753

4,125

3,980

3,812

3,564

4,083

3,955

3,916

3,800

3,516

3,106

2,408

2,369

2,260

2,216

2,256

Benefit plan obligations, net

4,516

4,594

4,140

4,213

4,265

4,319

4,392

4,884

5,085

5,178

5,183

5,362

5,448

5,527

5,228

5,390

5,445

5,511

5,534

5,696

5,755

5,808

3,761

3,924

4,012

4,049

5,488

5,578

5,640

5,844

4,672

4,720

4,793

4,855

3,983

4,008

1,196

1,306

1,242

1,229

1,485

Noncurrent operating lease liabilities

1,316

1,342

1,351

1,467

1,501

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

2,792

2,766

2,683

2,622

2,547

2,642

2,639

2,667

2,362

2,389

1,145

1,123

1,111

1,086

1,106

1,111

1,106

1,138

1,177

1,229

1,246

1,247

1,252

1,268

1,212

1,204

1,288

1,265

1,243

1,248

1,241

1,215

1,185

1,189

1,381

1,289

397

389

400

394

392

Total deferred credits and other liabilities

11,581

11,620

11,084

11,128

11,014

9,488

9,533

9,958

9,643

9,980

9,456

9,715

10,020

10,084

9,987

10,126

10,147

10,218

10,453

10,759

10,922

10,209

9,642

9,802

9,933

10,006

10,901

10,823

10,695

10,656

9,996

9,890

9,894

9,844

8,880

8,403

4,001

4,064

3,902

3,840

4,135

COMMITMENTS AND CONTINGENCIES (Note 12)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

-

-

-

STOCKHOLDERS' EQUITY
Preferred stock—non-redeemable, $25.00 par value, authorized 2,000 and 2,000 shares, issued and outstanding 7 and 7 shares

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, $1.00 par value, authorized 2,200,000 and 2,200,000 shares, issued and outstanding 1,097,711 and 1,090,058 shares

1,098

1,090

1,090

1,090

1,090

1,080

1,081

1,079

1,079

1,069

550

550

549

547

547

546

546

544

554

563

566

569

571

571

575

584

593

604

616

626

623

622

621

619

617

602

305

305

302

301

299

Additional paid-in capital

21,634

21,874

22,101

22,342

22,575

22,852

23,399

23,360

23,316

23,314

14,370

14,637

14,733

14,970

15,121

15,205

15,184

15,178

15,460

15,896

16,059

16,324

16,532

16,671

16,874

17,343

17,954

18,291

18,691

19,079

19,052

18,999

18,950

18,901

18,854

18,236

6,194

6,181

6,087

6,048

6,014

Treasury stock, 336 and 0 shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14

-

-

-

-

-

Accumulated other comprehensive loss

-2,955

-2,680

-2,499

-2,419

-2,429

-2,461

-2,454

-2,490

-2,288

-1,995

-1,994

-2,050

-2,086

-2,117

-1,855

-1,881

-1,907

-1,934

-1,941

-1,959

-2,001

-2,017

-789

-779

-795

-802

-1,660

-1,688

-1,695

-1,701

-984

-998

-1,000

-1,012

-158

-141

-138

-141

-89

-92

-85

Accumulated deficit

-6,486

-6,814

-7,018

-7,321

-7,693

-1,643

777

1,040

1,336

1,103

34

-51

110

-1

79

115

213

272

177

87

141

147

131

135

144

66

-173

1,193

1,244

1,285

1,506

1,688

2,067

2,319

2,663

2,958

3,291

3,302

3,298

3,287

3,232

Stockholders' Equity Attributable to Parent

13,291

13,470

13,674

13,692

13,543

19,828

22,803

22,989

23,443

23,491

12,960

13,086

13,306

13,399

13,892

13,985

14,036

14,060

14,250

14,587

14,765

15,023

16,445

16,598

16,798

17,191

16,714

18,400

18,856

19,289

20,197

20,311

20,638

20,827

21,976

21,641

9,658

9,647

9,605

9,551

9,466

Noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

-

6

6

5

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY

64,056

64,742

64,728

64,508

64,788

70,256

73,371

74,346

74,793

75,611

50,536

50,925

46,602

47,017

46,796

47,118

47,517

47,604

48,754

48,977

49,520

49,103

50,646

50,614

51,166

51,787

51,984

53,254

53,729

53,940

54,632

55,090

56,842

56,044

56,735

54,842

21,901

22,038

22,220

22,199

22,562