Lumen Technologies Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	2,401	1,889	2,234	1,251	354	406
Cash & Short-Term Investments	2,401	1,889	2,234	1,251	354	406
Cash Growth	-9.05%	-15.44%	78.58%	253.39%	-12.81%	-75.98%
Accounts Receivable	1,277	1,201	1,298	1,463	1,527	1,937
Other Receivables	444	529	312	70	140	98
Receivables	1,721	1,730	1,610	1,533	1,723	2,035
Inventory	163	146	209	236	96	105
Prepaid Expenses	370	372	395	319	295	290
Restricted Cash	-	-	-	-	2	3
Other Current Assets	4,052	257	327	2,112	9,066	337
Total Current Assets	8,707	4,394	4,775	5,451	11,536	3,176
Property, Plant & Equipment	19,107	21,540	20,988	20,506	22,346	28,037
Goodwill	-	1,964	1,964	12,657	15,986	18,870
Other Intangible Assets	4,411	4,806	5,470	6,166	6,970	8,219
Long-Term Deferred Tax Assets	-	-	-	133	160	191
Other Long-Term Assets	2,061	792	821	699	995	901
Total Assets	34,286	33,496	34,018	45,612	57,993	59,394
Accounts Payable	1,089	749	1,134	1,044	758	1,134
Accrued Expenses	893	913	864	873	1,138	1,299
Current Portion of Long-Term Debt	52	395	141	138	1,535	2,401
Current Portion of Leases	315	270	284	360	404	405
Current Income Taxes Payable	323	272	251	1,158	228	314
Current Unearned Revenue	1,000	861	647	596	617	753
Other Current Liabilities	260	179	213	728	2,489	328
Total Current Liabilities	3,932	3,639	3,534	4,897	7,169	6,634
Long-Term Debt	17,387	17,296	19,616	20,184	27,177	29,143
Long-Term Leases	191	1,157	1,255	1,322	1,422	1,672
Long-Term Unearned Revenue	6,200	3,733	1,969	1,758	-	-
Pension & Post-Retirement Benefits	2,140	2,205	2,490	2,391	3,710	4,556
Long-Term Deferred Tax Liabilities	2,314	2,890	3,127	3,163	4,049	3,342
Other Long-Term Liabilities	3,295	2,112	1,610	1,523	2,626	2,885
Total Liabilities	35,459	33,032	33,601	35,238	46,153	48,232
Common Stock	19,173	19,149	1,008	1,002	1,024	1,097
Additional Paid-In Capital	-	-	18,126	18,080	18,972	20,909
Retained Earnings	-19,699	-17,962	-17,907	-7,609	-5,998	-8,031
Comprehensive Income & Other	-647	-723	-810	-1,099	-2,158	-2,813
Shareholders' Equity	-1,173	464	417	10,374	11,840	11,162
Total Liabilities & Equity	34,286	33,496	34,018	45,612	57,993	59,394
Total Debt	17,945	19,118	21,296	22,004	30,538	33,621
Net Cash (Debt)	-15,544	-17,229	-19,062	-20,753	-30,184	-33,215
Net Cash Per Share	-15.65	-17.44	-19.39	-20.60	-28.29	-30.78
Filing Date Shares Outstanding	1,026	1,014	1,010	1,001	1,023	1,097
Total Common Shares Outstanding	1,026	1,015	1,008	1,002	1,024	1,097
Working Capital	4,775	755	1,241	554	4,367	-3,458
Book Value Per Share	-1.14	0.46	0.41	10.36	11.57	10.18
Tangible Book Value	-5,584	-6,306	-7,017	-8,449	-11,116	-15,927
Tangible Book Value Per Share	-5.44	-6.21	-6.96	-8.43	-10.86	-14.52
Land	628	630	646	651	751	848
Machinery	16,346	16,616	15,741	15,077	15,394	20,692
Construction In Progress	2,203	2,144	2,758	2,010	1,474	1,611

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