CONSOLIDATED BALANCE SHEETS U S WEST, Inc.
(Unaudited)
June 30, December 31,
In millions 1999 1998
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ASSETS
Current assets:
Cash and cash equivalents $ 122 $ 49
Accounts receivable, net 1,730 1,743
Inventories and supplies 264 197
Deferred directory costs 272 274
Deferred tax asset 153 151
Prepaid and other 129 78
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Total current assets 2,670 2,492
Property, plant and equipment - net 15,480 14,908
Other assets - net 3,741 1,007
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Total assets $ 21,891 $ 18,407
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LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Short-term debt $ 4,218 $ 1,277
Accounts payable 1,352 1,347
Accrued expenses 1,951 1,702
Advance billings and deposits 381 370
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Total current liabilities 7,902 4,696
Long-term debt 8,458 8,642
Postretirement and other postemployment
benefit obligations 2,634 2,643
Deferred taxes, credits and other 1,831 1,671
Stockholders' equity 1,066 755
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Total liabilities and
stockholders' equity $ 21,891 $ 18,407
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