Lumen Technologies Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,003	1,889	2,234	1,251	354
Cash & Short-Term Investments	1,003	1,889	2,234	1,251	354
Cash Growth	-46.90%	-15.44%	78.58%	253.39%	-12.81%
Accounts Receivable	1,289	1,201	1,298	1,463	1,527
Other Receivables	511	529	312	70	140
Receivables	1,800	1,730	1,610	1,533	1,723
Inventory	165	146	209	236	96
Prepaid Expenses	404	372	395	319	295
Restricted Cash	-	-	-	-	2
Other Current Assets	4,537	257	327	2,112	9,066
Total Current Assets	7,909	4,394	4,775	5,451	11,536
Property, Plant & Equipment	20,866	21,540	20,988	20,506	22,346
Goodwill	-	1,964	1,964	12,657	15,986
Other Intangible Assets	4,463	4,806	5,470	6,166	6,970
Long-Term Deferred Tax Assets	145	96	112	133	160
Other Long-Term Assets	959	696	709	699	995
Total Assets	34,342	33,496	34,018	45,612	57,993
Accounts Payable	1,508	749	1,134	1,044	758
Accrued Expenses	1,003	913	864	873	1,138
Current Portion of Long-Term Debt	69	395	141	138	1,535
Current Portion of Leases	285	270	284	360	404
Current Income Taxes Payable	279	272	251	1,158	228
Current Unearned Revenue	1,005	861	647	596	617
Other Current Liabilities	241	179	213	728	2,489
Total Current Liabilities	4,390	3,639	3,534	4,897	7,169
Long-Term Debt	17,170	17,296	19,616	20,184	27,177
Long-Term Leases	1,296	1,157	1,255	1,322	1,422
Long-Term Unearned Revenue	6,406	3,733	1,969	1,758	-
Pension & Post-Retirement Benefits	2,103	2,205	2,490	2,391	3,710
Long-Term Deferred Tax Liabilities	2,270	2,890	3,127	3,163	4,049
Other Long-Term Liabilities	1,824	2,112	1,610	1,523	2,626
Total Liabilities	35,459	33,032	33,601	35,238	46,153
Common Stock	19,185	19,149	1,008	1,002	1,024
Additional Paid-In Capital	-	-	18,126	18,080	18,972
Retained Earnings	-19,701	-17,962	-17,907	-7,609	-5,998
Comprehensive Income & Other	-601	-723	-810	-1,099	-2,158
Shareholders' Equity	-1,117	464	417	10,374	11,840
Total Liabilities & Equity	34,342	33,496	34,018	45,612	57,993
Total Debt	18,820	19,118	21,296	22,004	30,538
Net Cash (Debt)	-17,817	-17,229	-19,062	-20,753	-30,184
Net Cash Per Share	-17.91	-17.44	-19.39	-20.60	-28.29
Filing Date Shares Outstanding	1,024	1,014	1,010	1,001	1,023
Total Common Shares Outstanding	1,025	1,015	1,008	1,002	1,024
Working Capital	3,519	755	1,241	554	4,367
Book Value Per Share	-1.09	0.46	0.41	10.36	11.57
Tangible Book Value	-5,580	-6,306	-7,017	-8,449	-11,116
Tangible Book Value Per Share	-5.44	-6.21	-6.96	-8.43	-10.86
Land	629	630	646	651	751
Machinery	16,449	16,616	15,741	15,077	15,394
Construction In Progress	2,467	2,144	2,758	2,010	1,474

Source: S&P Global Market Intelligence. Standard template. Financial Sources.