Qwest Corp balance sheet

At the end of fiscal 2025, Qwest Corp had total assets of $15.82bn and shareholders' equity of $10.92bn. It held $39.0m in cash against $1.74bn of debt: net debt of $1.70bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Qwest Corp: balance sheet, annual
Fiscal year	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMMar 2026
Cash and equivalents	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.1
Receivables	0.7	0.7	0.7	0.7	0.7	0.6	0.5	0.5	0.4	0.3	0.3	0.3	0.2	0.2	0.2
Total current assets	1.6	1.8	1.7	1.6	1.7	1.8	1.8	2.5	0.5	0.5	1.0	0.4	1.3	4.5	4.5
Goodwill	9.4	9.4	9.4	9.4	9.4	9.4	9.4	9.4	9.4	9.4	9.4	7.0	7.0	3.6	3.6
Total assets	23.9	23.2	22.2	21.5	21.1	20.9	20.6	21.0	18.7	18.4	19.0	16.3	17.4	15.8	15.7
Accounts payable	0.5	0.4	0.5	0.4	0.4	0.3	0.4	0.4	0.3	0.2	0.2	0.4	0.2	0.2	0.1
Deferred revenue (current)	—	—	—	—	—	0.3	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.1	0.2
Total current liabilities	2.8	2.7	2.3	2.4	2.8	2.2	2.3	3.4	3.6	2.0	0.7	0.9	1.0	0.7	0.6
Short-term debt	—	—	—	—	—	—	—	—	—	—	0.0	0.0	—	—	—
Long-term debt	7.5	6.9	7.2	7.0	6.7	7.3	5.9	6.0	3.3	2.2	2.2	2.2	1.7	1.7	1.7
Total debt	7.6	7.6	7.3	7.3	7.4	7.4	6.1	6.1	3.4	2.2	2.2	2.2	2.0	1.7	1.7
Shareholders' equity	10.0	9.6	9.2	8.9	8.7	9.3	9.9	10.1	10.1	11.6	13.6	10.8	12.2	10.9	10.7
Net debt (negative = net cash)	7.6	7.5	7.3	7.3	7.4	7.4	6.1	6.1	3.4	2.2	2.2	2.2	2.0	1.7	1.7
Shares outstanding	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

US$ billions unless shown otherwise. Fiscal quarters.

Qwest Corp: balance sheet, quarterly
Quarter	2024 Q2Jun 2024	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026
Receivables	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2
Total current assets	0.6	0.9	1.3	1.5	4.5	4.5	4.5	4.5
Goodwill	7.0	7.0	7.0	7.0	5.7	5.7	3.6	3.6
Total assets	16.6	17.0	17.4	17.6	17.8	17.9	15.8	15.7
Accounts payable	0.3	0.2	0.2	0.1	0.1	0.2	0.2	0.1
Deferred revenue (current)	0.2	0.1	0.2	0.2	0.1	0.1	0.1	0.2
Total current liabilities	0.7	1.0	1.0	0.9	0.9	0.7	0.7	0.6
Short-term debt	0.0	0.2	—	—	—	—	—	—
Long-term debt	1.9	1.7	1.7	1.7	1.7	1.7	1.7	1.7
Total debt	1.9	1.9	1.7	1.7	1.7	1.7	1.7	1.7
Shareholders' equity	11.5	11.9	12.2	12.5	12.8	13.0	10.9	10.7
Shares outstanding	—	—	—	—	—	—	—	—

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Qwest Corp's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Qwest Corp.