Lumen (LUMN) 8-K CenturyLink Reports Second Quarter 2009 Earnings

Exhibit 99.2
Embarq Corporation
SELECTED FINANCIAL AND SUBSCRIBER DATA
(UNAUDITED)
	Three months			Three months
	ended			ended
	June 30, 2009			June 30, 2008
	(Dollars in millions)
OPERATING REVENUES	$	1,325			1,439
OPERATING EXPENSES
Cost of services and products		358			414
Selling, general and administrative		303			355
Depreciation		244			246
		905			1,015
OPERATING INCOME		420			424
OTHER INCOME (EXPENSE)
Interest expense		(90	)		(101	)
Other income (expense)		(1	)		1
Income tax expense		(125	)		(122	)
INCOME FROM CONTINUING OPERATIONS	$	204			202
Operating cash flow (operating income plus depreciation)	$	664			670
Free cash flow (income from continuing operations plus depreciation minus capital expenditures)	$	301			267
Operating cash flow margin (operating cash flow divided by revenues)		50.1	%		46.6	%
Operating income margin (operating income divided by revenues)		31.7	%		29.5	%
CAPITAL EXPENDITURES	$	147			181
LONG-TERM DEBT (as of June 30, 2009)	$	5,056
SUBSCRIBER DATA (as of June 30, 2009 and 2008)
Access lines (in thousands)		5,389			6,022
High-speed Internet lines (in thousands)		1,465			1,364