Frontier communications corporation (FTR)
Balance Sheet / TTM
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

941

760

683

267

119

354

238

384

201

362

286

387

341

522

331

683

500

936

1,011

1,246

509

682

808

801

954

880

660

548

875

1,326

1,099

410

365

326

205

232

359

251

351

231

358

Transaction escrow

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

125

-

Accounts receivable, less allowances of $100 and $120, respectively

596

629

654

674

715

723

744

751

778

819

780

789

836

938

1,004

1,034

544

571

554

541

526

614

462

463

463

479

472

486

480

533

557

545

525

585

527

513

519

568

568

201

190

Contract acquisition costs

105

105

105

102

111

107

102

97

91

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,352

8,444

8,440

1,840

-

-

1,519

3

11

-

9

9

22

15

54

-

-

0

-

-

-

-

187

-

-

Prepaid expenses

98

89

110

106

104

86

95

90

78

78

98

109

104

88

109

108

129

100

86

68

62

61

70

64

62

68

64

69

65

66

69

63

61

63

84

93

93

100

159

21

28

Assets held for sale

1,406

1,401

1,402

1,405

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes and other current assets

56

53

55

60

61

60

103

106

54

64

98

140

103

108

200

56

51

80

104

393

311

58

66

77

108

191

116

162

103

144

347

279

264

264

152

206

204

208

57

60

102

Total current assets

3,202

3,037

3,009

2,614

1,110

1,330

1,282

1,428

1,202

1,323

1,262

1,425

1,384

1,656

1,644

1,881

9,576

10,131

10,195

4,088

1,408

1,415

2,927

1,411

1,599

1,618

1,323

1,276

1,548

2,087

2,129

1,298

1,217

1,239

969

1,046

1,176

1,128

1,136

640

680

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

2

-

11

11

20

27

42

105

139

144

161

175

184

187

-

-

-

Property, plant and equipment, net

12,890

12,963

12,973

12,999

14,034

14,187

14,268

14,282

14,321

14,377

14,375

14,482

14,616

14,902

14,899

16,161

8,495

8,493

8,439

8,432

8,478

8,566

7,152

7,162

7,190

7,255

7,289

7,361

7,417

7,504

7,482

7,481

7,501

7,547

7,630

7,590

7,572

7,590

7,575

3,116

3,133

Goodwill, Ending Balance

-

-

-

276

6,383

6,383

6,624

7,024

7,024

7,024

9,102

9,102

9,772

9,674

9,507

9,198

7,166

7,166

7,166

7,234

7,213

7,205

6,337

6,337

6,337

6,337

6,337

6,337

6,337

6,337

6,337

6,337

6,337

6,337

6,416

6,416

6,277

6,292

6,256

2,642

2,642

Other intangibles, net

921

1,020

1,120

1,221

1,364

1,494

1,626

1,760

1,903

2,063

2,223

2,386

2,559

2,662

2,872

2,098

1,067

1,143

1,220

1,300

1,408

1,500

997

1,063

1,139

1,214

1,291

1,368

1,455

1,542

1,630

1,719

1,817

1,964

2,095

2,220

2,354

2,491

2,645

219

247

Other assets

475

468

459

455

471

265

233

236

228

97

114

116

118

119

123

118

150

151

345

232

214

124

224

202

200

208

239

243

229

233

215

202

205

214

220

213

212

200

194

177

174

Total assets

17,488

17,488

17,561

17,565

23,362

23,659

24,033

24,730

24,678

24,884

27,076

27,511

28,449

29,013

29,045

29,456

26,454

27,084

27,365

21,286

18,721

18,810

17,639

16,179

16,468

16,635

16,493

16,600

17,009

17,733

17,838

17,145

17,218

17,448

17,493

17,662

17,778

17,890

17,994

6,795

6,878

LIABILITIES AND EQUITY (DEFICIT)
Current liabilities:
Long-term debt due within one year

17,306

994

994

440

393

814

1,005

1,228

1,060

656

166

166

363

363

509

1,043

370

384

97

97

193

298

262

262

365

257

257

257

57

560

596

616

674

94

43

203

279

280

79

7

7

Accounts payable

357

437

453

452

473

495

457

513

537

564

509

523

532

698

700

722

474

467

335

324

260

379

282

275

218

327

231

271

219

338

322

314

327

519

469

438

385

436

346

110

139

Advanced billings

221

219

227

232

260

256

261

265

271

270

277

286

290

301

312

323

158

160

165

170

176

179

132

133

135

137

139

140

143

146

147

147

150

152

161

166

168

171

-

-

49

Accrued content costs

-

-

-

-

-

-

111

88

105

102

130

99

178

164

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued other taxes

209

206

213

188

198

182

197

159

156

156

177

144

140

134

158

126

87

87

106

70

71

80

154

107

81

66

73

65

74

66

83

71

72

64

71

73

148

167

-

-

28

Accrued interest

619

407

294

415

226

381

233

387

167

401

205

407

237

437

240

434

233

403

215

220

208

214

199

185

202

188

203

188

208

209

217

166

212

169

212

169

214

170

-

-

107

Pension and other postretirement benefits

43

43

39

39

39

39

29

29

29

29

23

23

23

23

29

29

29

33

97

127

86

124

120

-

-

111

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities held for sale

115

123

134

134

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

359

375

386

400

421

394

324

387

334

330

306

331

317

324

458

515

383

359

413

400

446

238

186

318

329

212

219

224

213

232

152

222

138

152

209

257

213

212

901

246

60

Total current liabilities

19,229

2,804

2,740

2,300

2,010

2,561

2,617

3,056

2,659

2,508

1,793

1,979

2,080

2,444

2,406

3,192

1,734

1,893

1,428

1,408

1,440

1,512

1,338

1,282

1,331

1,301

1,124

1,148

915

1,553

1,520

1,539

1,576

1,152

1,168

1,308

1,410

1,439

1,327

363

392

Deferred income taxes

477

462

-

-

-

1,109

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

580

599

1,132

-

1,204

1,219

1,217

1,139

2,253

2,299

2,512

2,516

2,552

2,501

2,551

2,666

2,704

3,060

2,930

2,868

2,306

2,355

2,396

2,417

2,297

2,317

2,335

2,357

2,608

2,491

2,478

2,458

2,377

2,400

2,264

2,220

2,043

736

722

Pension and other postretirement benefits

1,864

1,896

1,641

1,681

1,733

1,750

1,571

1,571

1,656

1,676

1,647

1,613

1,568

1,602

1,570

1,470

1,178

1,163

1,146

1,122

1,173

1,141

676

697

713

725

1,022

1,045

1,054

1,055

923

908

929

918

780

834

827

816

-

-

454

Other liabilities

411

412

398

399

426

281

296

274

280

317

369

374

437

372

326

308

241

240

216

208

207

238

240

249

266

262

254

252

264

266

224

203

219

225

240

195

208

220

1,107

625

176

Long-term debt

-

16,308

16,305

16,357

16,526

16,358

16,402

16,209

16,470

16,970

17,604

17,680

17,526

17,560

17,434

16,923

15,496

15,508

16,016

9,440

9,464

9,393

9,185

7,650

7,762

7,873

7,887

7,900

8,368

8,381

8,257

7,670

7,614

8,224

8,151

7,988

7,986

7,983

8,181

4,798

4,794

Equity (Deficit):
Preferred stock, $0.01 par value (50,000 authorized shares, 11.125%, Series A, 0 and 19,250 shares issued and outstanding at December 31, 2018 and 2017, respectively)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock, $0.25 par value (175,000 authorized shares, 106,025 issued and 104,989 and 105,131 outstanding at March 31, 2020 and December 31, 2019, respectively)

27

27

27

27

27

27

27

27

20

20

20

20

298

20

298

298

298

298

298

298

257

257

256

256

256

256

256

256

256

256

256

256

256

256

256

256

256

256

256

87

87

Additional paid-in capital

4,816

4,815

4,810

4,806

4,805

4,802

4,793

4,788

4,847

5,034

5,124

5,218

5,036

5,561

5,456

5,621

5,801

6,034

6,210

6,394

3,877

3,990

3,991

4,086

4,181

4,321

4,317

4,408

4,536

4,639

4,735

4,732

4,729

4,773

4,956

5,138

5,321

5,525

5,708

866

956

Accumulated deficit

-8,759

-8,573

-8,411

-8,067

-2,749

-2,752

-2,533

-2,107

-2,089

-2,263

-1,234

-1,196

-534

-460

-380

-300

-273

-87

16

30

58

109

195

153

115

76

108

72

111

63

38

71

153

226

184

164

131

77

31

2

2

Accumulated other comprehensive loss, net of tax

-564

-650

-517

-525

-534

-463

-330

-296

-367

-366

-349

-329

-326

-387

-403

-342

-347

-353

-391

-396

-401

-404

-252

-254

-257

-260

-438

-470

-476

-483

-374

-377

-382

-386

-221

-224

-227

-229

-241

-237

-245

Treasury common stock

13

13

12

12

14

14

14

11

15

151

151

147

148

215

214

215

225

278

278

278

284

294

298

298

298

338

337

333

365

368

368

369

370

415

414

414

414

433

433

458

473

Total equity (deficit)

-4,493

-4,394

-4,103

-3,771

1,535

1,600

1,943

2,401

2,396

2,274

3,410

3,566

4,326

4,519

4,757

5,062

5,254

5,614

5,855

6,048

3,507

3,658

3,892

3,943

3,997

4,055

3,906

3,935

4,062

4,107

4,288

4,314

4,387

4,455

4,761

4,921

5,068

5,196

5,321

259

327

Noncontrolling interest in a partnership

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

7

11

15

16

12

13

14

13

12

13

12

11

11

Total equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,906

3,935

4,070

4,119

4,303

4,331

4,399

4,469

4,776

4,934

5,081

5,209

5,333

271

339

Total liabilities and equity (deficit)

17,488

17,488

17,561

17,565

23,362

23,659

24,033

24,730

24,678

24,884

27,076

27,511

28,449

29,013

29,045

29,456

26,454

27,084

27,365

21,286

18,721

18,810

17,639

16,179

16,468

16,635

16,493

16,600

17,009

17,733

17,838

17,145

17,218

17,448

17,493

17,662

17,778

17,890

17,994

6,795

6,878