QWEST CORP: 10-Q filed 2012-11-13

Name: QWEST CORP: 10-Q filed 2012-11-13
Creator: QWEST CORP

What QWEST CORP reported in its quarterly report filed 2012-11-13 (fiscal Q3 2012): 32 published measures, 87 facts as tagged in accession 0001047469-12-010451.

This filing

Form: 10-Q (quarterly report)
Filed: 2012-11-13
Fiscal period: fiscal Q3 2012
Accession: 0001047469-12-010451 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.

Period	Value	Unit	Days
At 2012-09-30	24,382,000,000	USD
At 2011-12-31	24,809,000,000	USD

Stockholders equity

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

Period	Value	Unit
At 2012-09-30	10,202,000,000	USD
At 2011-12-31	9,865,000,000	USD
At 2011-09-30	9,687,000,000	USD

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.

Period	Value	Unit
At 2012-09-30	9,000,000	USD
At 2011-12-31	3,000,000	USD
At 2011-09-30	7,000,000	USD
At 2011-03-31	201,000,000	USD
At 2010-12-31	192,000,000	USD

Revenue

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

Period	Value	Unit	Days
2012-07-01 to 2012-09-30	2,183,000,000	USD	92
2012-01-01 to 2012-09-30	6,638,000,000	USD	274
2011-07-01 to 2011-09-30	2,190,000,000	USD	92
2011-04-01 to 2011-09-30	4,421,000,000	USD	183

Retained earnings or deficit

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

Period	Value	Unit	Days
At 2012-09-30	133,000,000	USD
At 2011-12-31	-85,000,000	USD

Income tax expense or benefit

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

Period	Value	Unit	Days
2012-07-01 to 2012-09-30	133,000,000	USD	92
2012-01-01 to 2012-09-30	382,000,000	USD	274
2011-07-01 to 2011-09-30	118,000,000	USD	92
2011-04-01 to 2011-09-30	234,000,000	USD	183

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.

Period	Value	Unit	Days
At 2012-09-30	7,236,000,000	USD
At 2011-12-31	7,506,000,000	USD

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.

Period	Value	Unit	Days
2012-07-01 to 2012-09-30	459,000,000	USD	92
2012-01-01 to 2012-09-30	1,380,000,000	USD	274
2011-07-01 to 2011-09-30	412,000,000	USD	92
2011-04-01 to 2011-09-30	782,000,000	USD	183

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.

Period	Value	Unit	Days
At 2012-09-30	1,749,000,000	USD
At 2011-12-31	1,168,000,000	USD

Interest expense

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

Period	Value	Unit	Days
2012-07-01 to 2012-09-30	113,000,000	USD	92
2012-01-01 to 2012-09-30	342,000,000	USD	274
2011-07-01 to 2011-09-30	95,000,000	USD	92
2011-04-01 to 2011-09-30	183,000,000	USD	183

Current liabilities

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

Period	Value	Unit	Days
At 2012-09-30	2,942,000,000	USD
At 2011-12-31	2,085,000,000	USD

Current accounts payable

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

Period	Value	Unit	Days
At 2012-09-30	491,000,000	USD
At 2011-12-31	656,000,000	USD

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.

Period	Value	Unit	Days
At 2012-09-30	9,369,000,000	USD
At 2011-12-31	9,369,000,000	USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

Period	Value	Unit	Days
At 2012-09-30	4,560,000,000	USD
At 2011-12-31	5,101,000,000	USD

Net current accounts receivable

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

Period	Value	Unit	Days
At 2012-09-30	736,000,000	USD
At 2011-12-31	707,000,000	USD

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.

Period	Value	Unit	Days
2012-07-01 to 2012-09-30	1,724,000,000	USD	92
2012-01-01 to 2012-09-30	5,258,000,000	USD	274
2011-07-01 to 2011-09-30	1,778,000,000	USD	92
2011-04-01 to 2011-09-30	3,639,000,000	USD	183

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.

Period	Value	Unit	Days
2012-07-01 to 2012-09-30	249,000,000	USD	92
2012-01-01 to 2012-09-30	899,000,000	USD	274
2011-07-01 to 2011-09-30	351,000,000	USD	92
2011-04-01 to 2011-09-30	803,000,000	USD	183

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.

Period	Value	Unit	Days
At 2012-09-30	1	shares
At 2011-12-31	1	shares

Gross property, plant and equipment

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

Period	Value	Unit	Days
At 2012-09-30	8,968,000,000	USD
At 2011-12-31	8,420,000,000	USD

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.

Period	Value	Unit	Days
At 2012-09-30	1,732,000,000	USD
At 2011-12-31	914,000,000	USD

Other noncurrent assets

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

Period	Value	Unit	Days
At 2012-09-30	191,000,000	USD
At 2011-12-31	205,000,000	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2012-09-30	112,000,000	USD
At 2011-12-31	98,000,000	USD

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2012-07-01 to 2012-09-30	212,000,000	USD	92
2012-01-01 to 2012-09-30	608,000,000	USD	274
2011-07-01 to 2011-09-30	199,000,000	USD	92
2011-04-01 to 2011-09-30	364,000,000	USD	183

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.

Period	Value	Unit	Days
2012-07-01 to 2012-09-30	212,000,000	USD	92
2012-01-01 to 2012-09-30	608,000,000	USD	274
2011-07-01 to 2011-09-30	199,000,000	USD	92
2011-04-01 to 2011-09-30	364,000,000	USD	183

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

Period	Value	Unit	Days
2012-07-01 to 2012-09-30	274,000,000	USD	92
2012-01-01 to 2012-09-30	835,000,000	USD	274
2011-07-01 to 2011-09-30	318,000,000	USD	92
2011-04-01 to 2011-09-30	637,000,000	USD	183

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.

Period	Value	Unit	Days
2012-01-01 to 2012-09-30	-1,000,000	USD	274

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.

Period	Value	Unit	Days
2012-07-01 to 2012-09-30	-114,000,000	USD	92
2012-01-01 to 2012-09-30	-390,000,000	USD	274
2011-07-01 to 2011-09-30	-95,000,000	USD	92
2011-04-01 to 2011-09-30	-184,000,000	USD	183

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.

Period	Value	Unit	Days
2012-01-01 to 2012-09-30	-123,000,000	USD	274
2011-04-01 to 2011-09-30	167,000,000	USD	183

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.

Period	Value	Unit	Days
2012-01-01 to 2012-09-30	355,000,000	USD	274
2011-04-01 to 2011-09-30	290,000,000	USD	183

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.

Period	Value	Unit	Days
2012-01-01 to 2012-09-30	359,000,000	USD	274
2011-04-01 to 2011-09-30	239,000,000	USD	183

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.

Period	Value	Unit	Days
2012-01-01 to 2012-09-30	77,000,000	USD	274
2011-04-01 to 2011-09-30	31,000,000	USD	183

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.

Period	Value	Unit	Days
2012-01-01 to 2012-09-30	-53,000,000	USD	274
2011-04-01 to 2011-09-30	-13,000,000	USD	183

Inspect the source

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

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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.

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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"])))