Lumen Technologies, Inc.

For the period ended Sep 30, 2025. Filed Oct 30, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2025 · Filed Oct 30, 2025

LUMN$4.71+9.0%Stored close · as of Nov 10, 2026

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Contents

Consolidated Balance Sheets (Unaudited)

CONSOLIDATED BALANCE SHEETS

	September 30, 2025	December 31, 2024
(Dollars in millions and shares in thousands)
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$2,401	1,889
Accounts receivable, less allowance of $53 and $59	1,263	1,231
Assets held for sale	3,787	24
Other current assets, net	1,256	1,250
Total current assets	8,707	4,394
Property, plant and equipment, net of accumulated depreciation of $23,420 and $23,121	19,107	20,421
GOODWILL AND OTHER ASSETS
Goodwill	—	1,964
Other intangible assets, net	4,411	4,806
Other assets, net	2,061	1,911
Total goodwill and other assets	6,472	8,681
TOTAL ASSETS	$34,286	33,496
LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY
CURRENT LIABILITIES
Current maturities of long-term debt	$94	412
Accounts payable	1,089	749
Accrued expenses and other liabilities
Salaries and benefits	760	716
Income and other taxes	323	272
Current operating lease liabilities	273	253
Interest	133	197
Other current liabilities	224	179
Liabilities held for sale	36	—
Current portion of deferred revenue	1,000	861
Total current liabilities	3,932	3,639
LONG-TERM DEBT	17,578	17,494
DEFERRED CREDITS AND OTHER LIABILITIES
Deferred income taxes, net	2,314	2,890
Benefit plan obligations, net	2,140	2,205
Deferred revenue	6,200	3,733
Other liabilities	3,295	3,071
Total deferred credits and other liabilities	13,949	11,899
COMMITMENTS AND CONTINGENCIES (Note 12)
STOCKHOLDERS' (DEFICIT) 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, no par value, authorized 2,200,000 and 2,200,000 shares, issued and outstanding 1,025,654 and 1,014,768 shares	19,173	19,149
Accumulated other comprehensive loss	(647)	(723)
Accumulated deficit	(19,699)	(17,962)
Total stockholders' (deficit) equity	(1,173)	464
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY	$34,286	33,496

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.