10-Q Filing

FRONTIER COMMUNICATIONS PARENT, INC. CIK: 20520 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0000020520-18-000030`
Period End Date	20180630
Filing Date	20180803
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	ftr-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 85 Cash Flow Statement 73 Stockholders Equity 21 Comprehensive Income 12

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$362.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$384.00M	USD	Point-in-time
Accounts receivable, less allowances of $102 and $69, respectively	`AccountsReceivableNetCurrent`	$819.00M	USD	Point-in-time
Accounts receivable, less allowances of $102 and $69, respectively	`AccountsReceivableNetCurrent`	$751.00M	USD	Point-in-time
Contract acquisition costs	`CapitalizedContractCostNetCurrent`	$87.00M	USD	Point-in-time
Contract acquisition costs	`CapitalizedContractCostNetCurrent`	$97.00M	USD	Point-in-time
Allowances for accounts receivable, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$102.00M	USD	Point-in-time
Allowances for accounts receivable, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$69.00M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$78.00M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$90.00M	USD	Point-in-time
Income taxes and other current assets	`OtherAssetsCurrent`	$64.00M	USD	Point-in-time
Income taxes and other current assets	`OtherAssetsCurrent`	$106.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.32B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.43B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$14.38B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$14.28B	USD	Point-in-time
Goodwill	`Goodwill`	$7.02B	USD	Point-in-time
Goodwill	`Goodwill`	$7.02B	USD	Point-in-time
Other intangibles, net	`OtherIntangibleAssetsNet`	$2.06B	USD	Point-in-time
Other intangibles, net	`OtherIntangibleAssetsNet`	$1.76B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.25	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$236.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$97.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.25	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	175.00M	shares	Point-in-time
Total assets	`Assets`	$24.88B	USD	Point-in-time
Total assets	`Assets`	$24.73B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	175.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.75B	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	106.03M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	1.19B	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	79.53M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	105.81M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	1.18B	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	78.44M	shares	Point-in-time
Long-term debt due within one year	`LongTermDebtCurrent`	$656.00M	USD	Point-in-time
Long-term debt due within one year	`LongTermDebtCurrent`	$1.23B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$564.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$513.00M	USD	Point-in-time
Advanced billings	`DeferredRevenueAndCreditsCurrent`	$270.00M	USD	Point-in-time
Advanced billings	`DeferredRevenueAndCreditsCurrent`	$265.00M	USD	Point-in-time
Accrued content costs	`AccruedContentCosts`	$102.00M	USD	Point-in-time
Accrued content costs	`AccruedContentCosts`	$88.00M	USD	Point-in-time
Accrued other taxes	`AccrualForTaxesOtherThanIncomeTaxesCurrent`	$159.00M	USD	Point-in-time
Accrued other taxes	`AccrualForTaxesOtherThanIncomeTaxesCurrent`	$156.00M	USD	Point-in-time
Accrued interest	`InterestAndDividendsPayableCurrent`	$387.00M	USD	Point-in-time
Accrued interest	`InterestAndDividendsPayableCurrent`	$401.00M	USD	Point-in-time
Pension and other postretirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities`	$29.00M	USD	Point-in-time
Pension and other postretirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities`	$29.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$330.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$387.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.51B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.06B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.14B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.22B	USD	Point-in-time
Pension and other postretirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.57B	USD	Point-in-time
Pension and other postretirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.68B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$317.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$274.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$16.97B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$16.21B	USD	Point-in-time
Preferred stock, $0.01 par value (50,000 authorized shares, 11.125%, Series A, 0 and 19,250 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value (50,000 authorized shares, 11.125%, Series A, 0 and 19,250 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively)	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.25 par value (175,000 authorized shares, 106,025 and 79,532 issued and 105,810 and 78,441 outstanding, at June 30, 2018 and December 31, 2017, respectively)	`CommonStockValue`	$20.00M	USD	Point-in-time
Common stock, $0.25 par value (175,000 authorized shares, 106,025 and 79,532 issued and 105,810 and 78,441 outstanding, at June 30, 2018 and December 31, 2017, respectively)	`CommonStockValue`	$27.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$5.03B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.79B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.11B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.26B	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-296.00M	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-366.00M	USD	Point-in-time
Treasury common stock	`TreasuryStockValue`	$11.00M	USD	Point-in-time
Treasury common stock	`TreasuryStockValue`	$151.00M	USD	Point-in-time
Total equity	`StockholdersEquity`	$2.40B	USD	Point-in-time
Total equity	`StockholdersEquity`	$2.27B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$24.88B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$24.73B	USD	Point-in-time

Income Statement 85 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$4.66B	USD	2 Qtrs
Revenue	`Revenues`	$2.16B	USD	1 Quarter
Revenue	`Revenues`	$2.30B	USD	1 Quarter
Revenue	`Revenues`	$4.36B	USD	2 Qtrs
Network access expenses	`CostOfServices`	$369.00M	USD	1 Quarter
Network access expenses	`CostOfServices`	$819.00M	USD	2 Qtrs
Network access expenses	`CostOfServices`	$741.00M	USD	2 Qtrs
Network access expenses	`CostOfServices`	$408.00M	USD	1 Quarter
Network related expenses	`NetworkRelatedExpenses`	$478.00M	USD	1 Quarter
Network related expenses	`NetworkRelatedExpenses`	$477.00M	USD	1 Quarter
Network related expenses	`NetworkRelatedExpenses`	$961.00M	USD	2 Qtrs
Network related expenses	`NetworkRelatedExpenses`	$970.00M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$531.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.07B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$929.00M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$460.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$991.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.13B	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$486.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$552.00M	USD	1 Quarter
Goodwill impairment	`GoodwillImpairmentLoss`	$670.00M	USD	2 Qtrs
Goodwill impairment	`GoodwillImpairmentLoss`	$670.00M	USD	1 Quarter
Acquisition and integration costs	`AcquisitionAndIntegrationCosts`	$12.00M	USD	1 Quarter
Acquisition and integration costs	`AcquisitionAndIntegrationCosts`	$14.00M	USD	2 Qtrs
Restructuring costs and other charges	`RestructuringCosts`	$29.00M	USD	1 Quarter
Restructuring costs and other charges	`RestructuringCosts`	$2.00M	USD	1 Quarter
Restructuring costs and other charges	`RestructuringCosts`	$6.00M	USD	2 Qtrs
Restructuring costs and other charges	`RestructuringCosts`	$41.00M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$3.63B	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$4.72B	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$2.68B	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.79B	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$733.00M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-375.00M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$367.00M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-58.00M	USD	2 Qtrs
Investment and other income, net	`NonoperatingIncomeExpense`	$5.00M	USD	1 Quarter
Investment and other income, net	`NonoperatingIncomeExpense`	$13.00M	USD	2 Qtrs
Pension settlement costs	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$62.00M	USD	2 Qtrs
Pension settlement costs	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$25.00M	USD	2 Qtrs
Pension settlement costs	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$25.00M	USD	1 Quarter
Pension settlement costs	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$19.00M	USD	1 Quarter
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-90.00M	USD	1 Quarter
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$33.00M	USD	2 Qtrs
Gain (loss) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-90.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$385.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$759.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$776.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$388.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-5.00M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-38.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-986.00M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-872.00M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-249.00M	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-20.00M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-7.00M	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-210.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$2.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-737.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-662.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-18.00M	USD	1 Quarter
Less: Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$107.00M	USD	2 Qtrs
Less: Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$54.00M	USD	1 Quarter
Less: Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$107.00M	USD	2 Qtrs
Less: Dividends on preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$53.00M	USD	1 Quarter
Net loss attributable to Frontier common shareholders	`NetIncomeLossNetOfPreferredDividends`	$-105.00M	USD	2 Qtrs
Net loss attributable to Frontier common shareholders	`NetIncomeLossNetOfPreferredDividends`	$-715.00M	USD	1 Quarter
Net loss attributable to Frontier common shareholders	`NetIncomeLossNetOfPreferredDividends`	$-72.00M	USD	1 Quarter
Net loss attributable to Frontier common shareholders	`NetIncomeLossNetOfPreferredDividends`	$-844.00M	USD	2 Qtrs
Basic net loss per share attributable to Frontier common shareholders	`EarningsPerShareBasic`	$-0.92	USD	1 Quarter
Basic net loss per share attributable to Frontier common shareholders	`EarningsPerShareBasic`	$-1.35	USD	2 Qtrs
Basic net loss per share attributable to Frontier common shareholders	`EarningsPerShareBasic`	$-10.88	USD	2 Qtrs
Basic net loss per share attributable to Frontier common shareholders	`EarningsPerShareBasic`	$-9.20	USD	1 Quarter
Diluted net loss per share attributable to Frontier common shareholders	`EarningsPerShareDiluted`	$-10.89	USD	2 Qtrs
Diluted net loss per share attributable to Frontier common shareholders	`EarningsPerShareDiluted`	$-0.92	USD	1 Quarter
Diluted net loss per share attributable to Frontier common shareholders	`EarningsPerShareDiluted`	$-9.21	USD	1 Quarter
Diluted net loss per share attributable to Frontier common shareholders	`EarningsPerShareDiluted`	$-1.35	USD	2 Qtrs
Total weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	77.69M	shares	2 Qtrs
Total weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	77.68M	shares	2 Qtrs
Total weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	77.80M	shares	1 Quarter
Total weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	78.03M	shares	1 Quarter
Total weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	78.03M	shares	1 Quarter
Total weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	77.83M	shares	2 Qtrs
Total weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	77.69M	shares	2 Qtrs
Total weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	77.95M	shares	1 Quarter

Cash Flow Statement 73 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$2.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-737.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-662.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-18.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$991.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.13B	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$486.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$552.00M	USD	1 Quarter
(Gain) loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-90.00M	USD	1 Quarter
(Gain) loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$33.00M	USD	2 Qtrs
(Gain) loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-90.00M	USD	2 Qtrs
Pension settlement costs	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$62.00M	USD	2 Qtrs
Pension settlement costs	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$25.00M	USD	2 Qtrs
Pension settlement costs	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$25.00M	USD	1 Quarter
Pension settlement costs	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$19.00M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$6.00M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$9.00M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$17.00M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$17.00M	USD	2 Qtrs
Other adjustments	`OtherNoncashIncomeExpense`	$20.00M	USD	2 Qtrs
Other adjustments	`OtherNoncashIncomeExpense`	$4.00M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$254.00M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$9.00M	USD	2 Qtrs
Goodwill impairment	`GoodwillImpairmentLoss`	$670.00M	USD	2 Qtrs
Goodwill impairment	`GoodwillImpairmentLoss`	$670.00M	USD	1 Quarter
Change in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-151.00M	USD	2 Qtrs
Change in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-37.00M	USD	2 Qtrs
Change in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-253.00M	USD	2 Qtrs
Change in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-72.00M	USD	2 Qtrs
Change in prepaid expenses, income taxes and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$24.00M	USD	2 Qtrs
Change in prepaid expenses, income taxes and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$50.00M	USD	2 Qtrs
Net cash provided from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$923.00M	USD	2 Qtrs
Net cash provided from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$829.00M	USD	2 Qtrs
Capital expenditures - Business operations	`PaymentsToAcquireProductiveAssets`	$618.00M	USD	2 Qtrs
Capital expenditures - Business operations	`PaymentsToAcquireProductiveAssets`	$578.00M	USD	2 Qtrs
Capital expenditures - Integration activities	`CapitalExpendituresIntegrationActivities`	$5.00M	USD	2 Qtrs
Proceeds on sale of assets	`ProceedsFromSaleOfRealEstateAndBusinessLines`	$11.00M	USD	2 Qtrs
Proceeds on sale of assets	`ProceedsFromSaleOfRealEstateAndBusinessLines`	$94.00M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-5.00M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$10.00M	USD	2 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-617.00M	USD	2 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-484.00M	USD	2 Qtrs
Proceeds from long-term debt borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$1.60B	USD	2 Qtrs
Proceeds from long-term debt borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$1.50B	USD	2 Qtrs
Long-term debt payments	`RepaymentsOfLongTermDebt`	$1.58B	USD	2 Qtrs
Long-term debt payments	`RepaymentsOfLongTermDebt`	$1.71B	USD	2 Qtrs
Financing costs paid	`PaymentsOfFinancingCosts`	$39.00M	USD	2 Qtrs
Financing costs paid	`PaymentsOfFinancingCosts`	$15.00M	USD	2 Qtrs
Premium paid to retire debt	`PaymentsOfDebtExtinguishmentCosts`	$80.00M	USD	2 Qtrs
Premium paid to retire debt	`PaymentsOfDebtExtinguishmentCosts`	$17.00M	USD	2 Qtrs
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$172.00M	USD	2 Qtrs
Dividends paid on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$53.00M	USD	2 Qtrs
Dividends paid on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$107.00M	USD	2 Qtrs
Capital lease obligation payments	`RepaymentsOfLongTermCapitalLeaseObligations`	$25.00M	USD	2 Qtrs
Capital lease obligation payments	`RepaymentsOfLongTermCapitalLeaseObligations`	$17.00M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-8.00M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.00M	USD	2 Qtrs
Net cash used by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-480.00M	USD	2 Qtrs
Net cash used by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-248.00M	USD	2 Qtrs
Increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$58.00M	USD	2 Qtrs
Increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-135.00M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash at January 1,	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$387.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at January 1,	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$434.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at January 1,	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$376.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at January 1,	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$522.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at June 30,	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$387.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at June 30,	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$434.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at June 30,	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$376.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at June 30,	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$522.00M	USD	Point-in-time
Interest	`InterestPaidNet`	$716.00M	USD	2 Qtrs
Interest	`InterestPaidNet`	$797.00M	USD	2 Qtrs
Income tax payments (refunds), net	`IncomeTaxesPaidNet`	$-3.00M	USD	2 Qtrs
Income tax payments (refunds), net	`IncomeTaxesPaidNet`	$5.00M	USD	2 Qtrs

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.27B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.40B	USD	Point-in-time
Common Stock Balance (in shares)	`CommonStockSharesOutstanding`	105.81M	shares	Point-in-time
Common Stock Balance (in shares)	`CommonStockSharesOutstanding`	1.18B	shares	Point-in-time
Common Stock Balance (in shares)	`CommonStockSharesOutstanding`	78.44M	shares	Point-in-time
Impact of adoption of ASC 606	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$154.00M	USD	Point-in-time
Stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$8.00M	USD	2 Qtrs
Dividends on preferred stock	`AdjustmentsToAdditionalPaidInCapitalPreferredDividendsInExcessOfRetainedEarnings`	$107.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$2.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$-737.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$-662.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-18.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$70.00M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$71.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$58.00M	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.27B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.40B	USD	Point-in-time
Common Stock Balance (in shares)	`CommonStockSharesOutstanding`	105.81M	shares	Point-in-time
Common Stock Balance (in shares)	`CommonStockSharesOutstanding`	1.18B	shares	Point-in-time
Common Stock Balance (in shares)	`CommonStockSharesOutstanding`	78.44M	shares	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$2.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-737.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-662.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-18.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$70.00M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$71.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$58.00M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-665.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-679.00M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$72.00M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$53.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.