Lumen Technologies Inc
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
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FY2024 · Filed Feb 20, 2025
LUMN$4.71+9.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| As of December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| (Dollars in millionsand shares in thousands) | ||
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $1,889 | 2,234 |
| Accounts receivable, less allowance of $59 and $67 | 1,231 | 1,318 |
| Other | 1,274 | 1,223 |
| Total current assets | 4,394 | 4,775 |
| Property, plant and equipment, net of accumulated depreciation of $23,121 and $21,318 | 20,421 | 19,758 |
| GOODWILL AND OTHER ASSETS | ||
| Goodwill | 1,964 | 1,964 |
| Other intangible assets, net | 4,806 | 5,470 |
| Other, net | 1,911 | 2,051 |
| Total goodwill and other assets | 8,681 | 9,485 |
| TOTAL ASSETS | $33,496 | 34,018 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| CURRENT LIABILITIES | ||
| Current maturities of long-term debt | $412 | 157 |
| Accounts payable | 749 | 1,134 |
| Accrued expenses and other liabilities | ||
| Salaries and benefits | 716 | 696 |
| Income and other taxes | 272 | 251 |
| Current operating lease liabilities | 253 | 268 |
| Interest | 197 | 168 |
| Other | 179 | 213 |
| Current portion of deferred revenue | 861 | 647 |
| Total current liabilities | 3,639 | 3,534 |
| LONG-TERM DEBT | 17,494 | 19,831 |
| DEFERRED CREDITS AND OTHER LIABILITIES | ||
| Deferred income taxes, net | 2,890 | 3,127 |
| Benefit plan obligations, net | 2,205 | 2,490 |
| Deferred revenue | 3,733 | 1,969 |
| Other | 3,071 | 2,650 |
| Total deferred credits and other liabilities | 11,899 | 10,236 |
| COMMITMENTS AND CONTINGENCIES (Note 18) | ||
| STOCKHOLDERS' EQUITY | ||
| Preferred stock — non-redeemable, $25.00 par value, authorized 2,000 and 2,000 shares, issued and outstanding 7 and 7 shares | — | — |
| Common stock, $0.00 and $1.00 par value, authorized 2,200,000 and 2,200,000 shares, issued and outstanding 1,014,768 and 1,008,486 shares | 19,149 | 1,008 |
| Additional paid-in capital | — | 18,126 |
| Accumulated other comprehensive loss | (723) | (810) |
| Accumulated deficit | (17,962) | (17,907) |
| Total stockholders' equity | 464 | 417 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $33,496 | 34,018 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.