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QWEST CORP: 10-Q filed 2017-11-13

What QWEST CORP reported in its quarterly report filed 2017-11-13 (fiscal Q3 2017): 31 published measures, 85 facts as tagged in accession 0000068622-17-000012.

This filing

Form
10-Q (quarterly report)
Filed
2017-11-13
Fiscal period
fiscal Q3 2017
Accession
0000068622-17-000012 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All QWEST CORP filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2017-09-3020,940,000,000USD
At 2016-12-3121,149,000,000USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2017-09-308,691,000,000USD
At 2016-12-318,692,000,000USD
At 2016-09-308,804,000,000USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2017-09-304,000,000USD
At 2016-12-315,000,000USD
At 2016-09-307,000,000USD
At 2015-12-313,000,000USD

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2017-07-01 to 2017-09-302,141,000,000USD92
2017-01-01 to 2017-09-306,436,000,000USD273
2016-07-01 to 2016-09-302,226,000,000USD92
2016-01-01 to 2016-09-306,702,000,000USD274

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2017-09-30-1,359,000,000USD
At 2016-12-31-1,358,000,000USD

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2017-07-01 to 2017-09-30168,000,000USD92
2017-01-01 to 2017-09-30512,000,000USD273
2016-07-01 to 2016-09-30159,000,000USD92
2016-01-01 to 2016-09-30526,000,000USD274

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2017-09-307,944,000,000USD
At 2016-12-317,645,000,000USD

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2017-07-01 to 2017-09-30560,000,000USD92
2017-01-01 to 2017-09-301,713,000,000USD273
2016-07-01 to 2016-09-30576,000,000USD92
2016-01-01 to 2016-09-301,803,000,000USD274

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2017-09-301,662,000,000USD
At 2016-12-311,706,000,000USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2017-07-01 to 2017-09-30117,000,000USD92
2017-01-01 to 2017-09-30348,000,000USD273
2016-07-01 to 2016-09-30121,000,000USD92
2016-01-01 to 2016-09-30362,000,000USD274

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2017-09-302,202,000,000USD
At 2016-12-312,796,000,000USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2017-09-30366,000,000USD
At 2016-12-31398,000,000USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2017-09-309,360,000,000USD
At 2016-12-319,354,000,000USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2017-09-30684,000,000USD
At 2016-12-31700,000,000USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2017-07-01 to 2017-09-301,581,000,000USD92
2017-01-01 to 2017-09-304,723,000,000USD273
2016-07-01 to 2016-09-301,650,000,000USD92
2016-01-01 to 2016-09-304,899,000,000USD274

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2017-07-01 to 2017-09-30231,000,000USD92
2017-01-01 to 2017-09-30710,000,000USD273
2016-07-01 to 2016-09-30232,000,000USD92
2016-01-01 to 2016-09-30717,000,000USD274

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2017-09-301shares
At 2016-12-311shares

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2017-09-3014,163,000,000USD
At 2016-12-3113,247,000,000USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2017-09-306,219,000,000USD
At 2016-12-315,602,000,000USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2017-09-3079,000,000USD
At 2016-12-3196,000,000USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2017-09-3090,000,000USD
At 2016-12-3166,000,000USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2017-07-01 to 2017-09-30433,000,000USD92
2017-01-01 to 2017-09-301,323,000,000USD273
2016-07-01 to 2016-09-30414,000,000USD92
2016-01-01 to 2016-09-301,373,000,000USD274

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2017-07-01 to 2017-09-30265,000,000USD92
2017-01-01 to 2017-09-30811,000,000USD273
2016-07-01 to 2016-09-30255,000,000USD92
2016-01-01 to 2016-09-30847,000,000USD274

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2017-01-01 to 2017-09-301,181,000,000USD273
2016-01-01 to 2016-09-301,267,000,000USD274

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2017-07-01 to 2017-09-306,000,000USD92
2017-01-01 to 2017-09-305,000,000USD273
2016-07-01 to 2016-09-30-26,000,000USD92
2016-01-01 to 2016-09-30-24,000,000USD274

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2017-07-01 to 2017-09-30-127,000,000USD92
2017-01-01 to 2017-09-30-390,000,000USD273
2016-07-01 to 2016-09-30-162,000,000USD92
2016-01-01 to 2016-09-30-430,000,000USD274

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2017-01-01 to 2017-09-30-93,000,000USD273
2016-01-01 to 2016-09-30-52,000,000USD274

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2017-01-01 to 2017-09-30343,000,000USD273
2016-01-01 to 2016-09-30353,000,000USD274

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2017-01-01 to 2017-09-30604,000,000USD273
2016-01-01 to 2016-09-30578,000,000USD274

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2017-01-01 to 2017-09-3039,000,000USD273
2016-01-01 to 2016-09-3049,000,000USD274

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2017-01-01 to 2017-09-30-2,000,000USD273
2016-01-01 to 2016-09-30-3,000,000USD274

Inspect the source

Entity
QWEST CORP / CIK 0000068622
Captured
2026-09-19T11:13:40.241Z
SEC response SHA-256
87c032caf812dbe175247e55845d300b17477f12745052c68322dea85298a2f0

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000068622.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))