For the year ending 2025-12-31, LUMN has $34,342M in assets. $1,003M in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 1,003 | 1,889 | 2,234 | 1,251 |
| Accounts receivable, less allowance of 67 and 59 | 1,314 | 1,231 | 1,318 | 1,477 |
| Assets held for sale | 4,285 | - | 104 | 1,889 |
| Other current assets, net | 1,307 | 1,274 | 1,119 | 803 |
| Total current assets | 7,909 | 4,394 | 4,775 | 5,420 |
| Property, plant and equipment, net of accumulated depreciation of 23,121 and 21,318 | - | 20,421 | 19,758 | 19,166 |
| Property, plant and equipment, net of accumulated depreciation of 23,744 and 23,121 | 19,575 | - | - | - |
| Goodwill | 0 | 1,964 | 1,964 | 12,657 |
| Intangible assets, net | 4,463 | 4,806 | 5,470 | 6,166 |
| Other assets, net | 2,395 | 1,911 | 2,051 | 2,172 |
| Total goodwill and other assets | 6,858 | 8,681 | 9,485 | 20,995 |
| Total assets | 34,342 | 33,496 | 34,018 | 45,581 |
| Current maturities of long-term debt | 88 | 412 | 157 | 154 |
| Accounts payable | 1,508 | 749 | 1,134 | 950 |
| Salaries and benefits | 854 | 716 | 696 | 692 |
| Income and other taxes | 279 | 272 | 251 | 1,158 |
| Current operating lease liabilities | 266 | 253 | 268 | 344 |
| Interest | 149 | 197 | 168 | 181 |
| Other current liabilities | 203 | 179 | 209 | 277 |
| Liabilities held for sale | 38 | - | 4 | 451 |
| Current portion of deferred revenue | 1,005 | 861 | 647 | 596 |
| Total current liabilities | 4,390 | 3,639 | 3,534 | 4,803 |
| Long-term debt | 17,353 | 17,494 | 19,831 | 20,418 |
| Deferred income taxes, net | 2,270 | 2,890 | 3,127 | 3,163 |
| Benefit plan obligations, net | 2,103 | 2,205 | 2,490 | 2,391 |
| Deferred revenue | 6,406 | 3,733 | 1,969 | - |
| Other liabilities | 2,937 | 3,071 | 2,650 | 4,369 |
| Total deferred credits and other liabilities | 13,716 | 11,899 | 10,236 | 9,923 |
| Preferred stock non-redeemable, 25.00 par value, authorized 2,000 and 2,000 shares, issued and outstanding 7 and 7 shares | 0 | 0 | 0 | 0 |
| Common stock, no par value, authorized 2,200,000 and 2,200,000 shares, issued and outstanding 1,025,446 and 1,014,768 shares | 19,185 | 19,149 | 1,008 | 1,002 |
| Additional paid-in capital | - | 0 | 18,126 | 18,080 |
| Accumulated other comprehensive loss | -601 | -723 | -810 | -1,099 |
| Accumulated deficit | -19,701 | -17,962 | -17,907 | -7,546 |
| Total stockholders' (deficit) equity | -1,117 | 464 | 417 | 10,437 |
| Total liabilities and stockholders' (deficit) equity | 34,342 | 33,496 | 34,018 | 45,581 |
Lumen Technologies, Inc. (LUMN)
Lumen Technologies, Inc. (LUMN)