<BTB> EXHIBIT 99A.3 COMBINED BALANCE SHEETS U S WEST COMMUNICATIONS GROUP (UNAUDITED) June 30, December 31, In millions 1997 1996 - - -------------------------------------- --------------------------- ASSETS Current assets: Cash and cash equivalents $ 89 $ 80 Accounts and notes receivable 1,605 1,622 Inventories and supplies 182 144 Deferred tax asset 197 171 Prepaid and other 73 65 --------------------------- Total current assets 2,146 2,082 --------------------------- Gross property, plant and equipment 32,787 32,645 Less accumulated depreciation 19,082 18,639 --------------------------- Property, plant and equipment - net 13,705 14,006 Other assets 910 827 --------------------------- Total assets $ 16,761 $ 16,915 =========================== LIABILITIES AND EQUITY Current liabilities: Short-term debt $ 166 $ 834 Accounts payable 1,029 989 Dividends payable 258 257 Other 1,670 1,387 --------------------------- Total current liabilities 3,123 3,467 --------------------------- Long-term debt 5,619 5,664 Postretirement and other postemployment benefit obligations 2,393 2,387 Deferred taxes, credits and other 1,476 1,480 Communications Group equity 4,150 3,917 --------------------------- Total liabilities and equity $ 16,761 $ 16,915 ===========================