LEVEL 3 PARENT, LLC: 10-Q filed 2021-11-04
What LEVEL 3 PARENT, LLC reported in its quarterly report filed 2021-11-04 (fiscal Q3 2021): 35 published measures, 98 facts as tagged in accession 0000794323-21-000023.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2021-11-04
- Fiscal period
- fiscal Q3 2021
- Accession
- 0000794323-21-000023 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 LEVEL 3 PARENT, LLC 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 2021-09-30 | 28,242,000,000 | USD | |
| At 2020-12-31 | 28,576,000,000 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-09-30 | 13,197,000,000 | USD | |
| At 2020-12-31 | 12,905,000,000 | USD | |
| At 2020-09-30 | 12,738,000,000 | 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 | Days |
|---|---|---|---|
| At 2021-09-30 | 215,000,000 | USD | |
| At 2020-12-31 | 190,000,000 | USD | |
| At 2020-09-30 | 256,000,000 | USD |
Net income or loss
Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-07-01 to 2021-09-30 | 121,000,000 | USD | 92 |
| 2021-01-01 to 2021-09-30 | 419,000,000 | USD | 273 |
| 2020-07-01 to 2020-09-30 | 197,000,000 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 486,000,000 | USD | 274 |
Operating cash flow
Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-01-01 to 2021-09-30 | 941,000,000 | USD | 273 |
| 2020-01-01 to 2020-09-30 | 1,944,000,000 | USD | 274 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-07-01 to 2021-09-30 | 1,990,000,000 | USD | 92 |
| 2021-01-01 to 2021-09-30 | 5,964,000,000 | USD | 273 |
| 2020-07-01 to 2020-09-30 | 1,971,000,000 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 5,935,000,000 | USD | 274 |
Contract revenue excluding tax
Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-07-01 to 2021-09-30 | 1,749,000,000 | USD | 92 |
| 2021-01-01 to 2021-09-30 | 5,245,000,000 | USD | 273 |
| 2020-07-01 to 2020-09-30 | 1,737,000,000 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 5,248,000,000 | USD | 274 |
Financing cash flow
Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-01-01 to 2021-09-30 | -67,000,000 | USD | 273 |
| 2020-01-01 to 2020-09-30 | -1,115,000,000 | USD | 274 |
Investing cash flow
Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-01-01 to 2021-09-30 | -822,000,000 | USD | 273 |
| 2020-01-01 to 2020-09-30 | -897,000,000 | USD | 274 |
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 |
|---|---|---|---|
| 2021-07-01 to 2021-09-30 | 37,000,000 | USD | 92 |
| 2021-01-01 to 2021-09-30 | 150,000,000 | USD | 273 |
| 2020-07-01 to 2020-09-30 | 42,000,000 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 147,000,000 | USD | 274 |
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 2021-09-30 | 9,011,000,000 | USD | |
| At 2020-12-31 | 10,518,000,000 | 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 |
|---|---|---|---|
| 2021-07-01 to 2021-09-30 | 241,000,000 | USD | 92 |
| 2021-01-01 to 2021-09-30 | 791,000,000 | USD | 273 |
| 2020-07-01 to 2020-09-30 | 284,000,000 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 866,000,000 | USD | 274 |
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 2021-09-30 | 5,198,000,000 | USD | |
| At 2020-12-31 | 2,638,000,000 | 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 |
|---|---|---|---|
| 2021-07-01 to 2021-09-30 | 90,000,000 | USD | 92 |
| 2021-01-01 to 2021-09-30 | 272,000,000 | USD | 273 |
| 2020-07-01 to 2020-09-30 | 99,000,000 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 301,000,000 | USD | 274 |
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 2021-09-30 | 1,898,000,000 | USD | |
| At 2020-12-31 | 2,424,000,000 | 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 2021-09-30 | 6,667,000,000 | USD | |
| At 2020-12-31 | 7,405,000,000 | 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 2021-09-30 | 5,907,000,000 | USD | |
| At 2020-12-31 | 6,605,000,000 | 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 2021-09-30 | 620,000,000 | USD | |
| At 2020-12-31 | 683,000,000 | USD |
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 |
|---|---|---|---|
| 2021-07-01 to 2021-09-30 | 305,000,000 | USD | 92 |
| 2021-01-01 to 2021-09-30 | 872,000,000 | USD | 273 |
| 2020-07-01 to 2020-09-30 | 300,000,000 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 922,000,000 | USD | 274 |
Accumulated other comprehensive income or loss
Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-09-30 | -335,000,000 | USD | |
| At 2020-12-31 | -234,000,000 | USD |
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 2021-09-30 | 12,009,000,000 | USD | |
| At 2020-12-31 | 13,336,000,000 | 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 2021-09-30 | 2,998,000,000 | USD | |
| At 2020-12-31 | 2,818,000,000 | 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 2021-09-30 | 1,459,000,000 | USD | |
| At 2020-12-31 | 1,410,000,000 | USD |
Other noncurrent liabilities
Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-09-30 | 468,000,000 | USD | |
| At 2020-12-31 | 575,000,000 | USD |
Current contract liabilities
Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-09-30 | 289,000,000 | USD | |
| At 2020-12-31 | 315,000,000 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-07-01 to 2021-09-30 | 158,000,000 | USD | 92 |
| 2021-01-01 to 2021-09-30 | 569,000,000 | USD | 273 |
| 2020-07-01 to 2020-09-30 | 239,000,000 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 633,000,000 | USD | 274 |
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 |
|---|---|---|---|
| 2021-07-01 to 2021-09-30 | 28,000,000 | USD | 92 |
| 2021-01-01 to 2021-09-30 | 318,000,000 | USD | 273 |
| 2020-07-01 to 2020-09-30 | 238,000,000 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 307,000,000 | USD | 274 |
Depreciation expense
Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-07-01 to 2021-09-30 | 221,000,000 | USD | 92 |
| 2021-01-01 to 2021-09-30 | 667,000,000 | USD | 273 |
| 2020-07-01 to 2020-09-30 | 219,000,000 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 624,000,000 | USD | 274 |
Depreciation, depletion and amortization
Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-07-01 to 2021-09-30 | 431,000,000 | USD | 92 |
| 2021-01-01 to 2021-09-30 | 1,304,000,000 | USD | 273 |
| 2020-07-01 to 2020-09-30 | 429,000,000 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 1,250,000,000 | USD | 274 |
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 |
|---|---|---|---|
| 2021-07-01 to 2021-09-30 | 210,000,000 | USD | 92 |
| 2021-01-01 to 2021-09-30 | 637,000,000 | USD | 273 |
| 2020-07-01 to 2020-09-30 | 210,000,000 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 626,000,000 | USD | 274 |
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 |
|---|---|---|---|
| 2021-07-01 to 2021-09-30 | -9,000,000 | USD | 92 |
| 2021-01-01 to 2021-09-30 | 1,000,000 | USD | 273 |
| 2020-07-01 to 2020-09-30 | 41,000,000 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 29,000,000 | USD | 274 |
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 |
|---|---|---|---|
| 2021-01-01 to 2021-09-30 | 304,000,000 | USD | 273 |
| 2020-01-01 to 2020-09-30 | 323,000,000 | USD | 274 |
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 |
|---|---|---|---|
| 2021-01-01 to 2021-09-30 | 23,000,000 | USD | 273 |
| 2020-01-01 to 2020-09-30 | 20,000,000 | USD | 274 |
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 |
|---|---|---|---|
| 2021-01-01 to 2021-09-30 | 41,000,000 | USD | 273 |
| 2020-01-01 to 2020-09-30 | 101,000,000 | USD | 274 |
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 |
|---|---|---|---|
| 2021-01-01 to 2021-09-30 | -34,000,000 | USD | 273 |
| 2020-01-01 to 2020-09-30 | -139,000,000 | USD | 274 |
Inspect the source
- Entity
- LEVEL 3 PARENT, LLC / CIK 0000794323
- Captured
- 2026-09-21T17:17:04.725Z
- SEC response SHA-256
21cff116e93f3fe84cbbef868704e29a094f8c99557f8d96cb42d9e9aa9a444e
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.
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import json
from urllib.request import urlopen
with urlopen("https://canlicapital.com/company-data/0000794323.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"])))