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EXHIBIT 99B.5
CONSOLIDATED BALANCE SHEETS (UNAUDITED) U S WEST, Inc.
December 31,
In millions 1994 1993
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ASSETS
Current assets:
Cash and cash equivalents $209 $128
Accounts and notes receivable 1,693 1,570
Inventories and supplies 189 193
Deferred tax asset 352 336
Prepaid and other 323 273
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Total current assets 2,766 2,500
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Property, plant and equipment - net 13,997 13,232
Investment in Time Warner Entertainment 2,522 2,552
Intangible assets - net 1,858 514
Net investment in international ventures 881 477
Net assets of discontinued operations 302 554
Other assets 878 851
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Total assets $23,204 $20,680
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LIABILITIES AND SHAREOWNERS' EQUITY
Current liabilities:
Short-term debt $2,837 $1,776
Accounts payable 944 977
Employee compensation 367 386
Dividends payable 251 236
Current portion of restructuring charges 337 456
Other 1,278 1,150
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Total current liabilities 6,014 4,981
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Long-term debt 5,101 5,423
Postretirement and other postemployment
benefit obligations 2,502 2,699
Deferred taxes, credits and other 2,154 1,716
Preferred stock subject to mandatory
redemption 51 -
Common shareowners' equity:
Common shares 8,056 6,996
Accumulated deficit (458) (857)
LESOP guarantee (187) (243)
Foreign currency translation adjustments (29) (35)
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Total common shareowners' equity 7,382 5,861
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Total liabilities and $23,204 $20,680
shareowners' equity ==========================