EXHIBIT 99A.3 CONSOLIDATED BALANCE SHEETS U S WEST, Inc. (Unaudited) September 30, December 31, In millions 1999 1998 - -------------------------------------- ------------ ------------- ASSETS Current assets: Cash and cash equivalents $ 55 $ 49 Accounts receivable, net 1,785 1,743 Inventories and supplies 257 197 Deferred directory costs 273 274 Deferred tax asset 163 151 Prepaid and other 118 78 ------------ ------------- Total current assets 2,651 2,492 Property, plant and equipment - net 15,705 14,908 Other assets - net 2,604 1,007 ------------ ------------- Total assets $ 20,960 $ 18,407 ============ ============= LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Short-term debt $ 3,379 $ 1,277 Accounts payable 1,436 1,347 Accrued expenses 1,762 1,702 Advance billings and deposits 385 370 ------------ ------------- Total current liabilities 6,962 4,696 Long-term debt 9,754 8,642 Postretirement and other postemployment benefit obligations 2,635 2,643 Deferred taxes, credits and other 1,457 1,671 Stockholders' equity 152 755 ------------ ------------- Total liabilities and stockholders' equity $ 20,960 $ 18,407 ============ =============