CONSOLIDATED BALANCE SHEETS U S WEST, Inc.
March 31, December 31,
In millions 1999 1998
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ASSETS (Unaudited)
Current assets:
Cash and cash equivalents $ 36 $ 49
Accounts receivable, net 1,700 1,743
Inventories and supplies 236 197
Deferred directory costs 276 274
Deferred tax asset 161 151
Prepaid and other 127 78
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Total current assets 2,536 2,492
Property, plant and equipment - net 15,098 14,908
Other assets - net 1,075 1,007
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Total assets $ 18,709 $ 18,407
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LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Short-term debt $ 1,393 $ 1,277
Accounts payable 1,326 1,347
Accrued expenses 1,753 1,702
Advanced billings and deposits 377 370
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Total current liabilities 4,849 4,696
Long-term debt 8,642 8,642
Postretirement and other postemployment
benefit obligations 2,632 2,643
Deferred taxes, credits and other 1,666 1,671
Stockholders' equity 920 755
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Total liabilities and
stockholders' equity $ 18,709 $ 18,407
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