Lumen Technologies, Inc. (LUMN)

Lumen Technologies Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,640	2,234	1,251	354	406	1,690
Cash & Short-Term Investments	2,640	2,234	1,251	354	406	1,690
Cash Growth	748.87%	78.58%	253.39%	-12.81%	-75.98%	246.31%
Accounts Receivable	1,238	1,298	1,463	1,527	1,937	2,281
Other Receivables	16	326	70	140	98	55
Receivables	1,254	1,624	1,533	1,723	2,035	2,336
Inventory	173	209	236	96	105	105
Prepaid Expenses	357	395	319	295	290	274
Restricted Cash	-	-	-	2	3	3
Other Current Assets	312	313	2,112	9,066	337	360
Total Current Assets	4,736	4,775	5,451	11,536	3,176	4,768
Property, Plant & Equipment	20,344	20,988	20,506	22,346	28,037	27,765
Goodwill	1,964	1,964	12,657	15,986	18,870	21,534
Other Intangible Assets	4,967	5,470	6,166	6,970	8,219	9,567
Long-Term Deferred Tax Assets	-	112	133	160	191	-
Long-Term Deferred Charges	-	-	-	-	-	254
Other Long-Term Assets	1,978	709	699	995	901	854
Total Assets	33,989	34,018	45,612	57,993	59,394	64,742
Accounts Payable	905	1,134	1,044	758	1,134	1,724
Accrued Expenses	936	864	873	1,138	1,299	1,317
Current Portion of Long-Term Debt	378	141	138	1,535	2,401	2,265
Current Portion of Leases	300	284	360	404	405	451
Current Income Taxes Payable	434	251	1,158	228	314	311
Current Unearned Revenue	808	647	596	617	753	804
Other Current Liabilities	179	213	728	2,489	328	386
Total Current Liabilities	3,940	3,534	4,897	7,169	6,634	7,258
Long-Term Debt	17,916	19,616	20,184	27,177	29,143	32,209
Long-Term Leases	226	1,255	1,322	1,422	1,672	1,527
Long-Term Unearned Revenue	3,541	1,969	1,758	-	-	-
Long-Term Deferred Tax Liabilities	3,138	3,127	3,163	4,049	3,342	2,918
Other Long-Term Liabilities	2,637	1,610	1,523	2,626	2,885	2,766
Total Liabilities	33,647	33,601	35,238	46,153	48,232	51,272
Common Stock	1,015	1,008	1,002	1,024	1,097	1,090
Additional Paid-In Capital	18,140	18,126	18,080	18,972	20,909	21,874
Retained Earnings	-18,047	-17,907	-7,609	-5,998	-8,031	-6,814
Comprehensive Income & Other	-766	-810	-1,099	-2,158	-2,813	-2,680
Shareholders' Equity	342	417	10,374	11,840	11,162	13,470
Total Liabilities & Equity	33,989	34,018	45,612	57,993	59,394	64,742
Total Debt	18,820	21,296	22,004	30,538	33,621	36,452
Net Cash (Debt)	-16,180	-19,062	-20,753	-30,184	-33,215	-34,762
Net Cash Per Share	-16.41	-19.39	-20.60	-28.29	-30.78	-32.44
Filing Date Shares Outstanding	1,015	1,010	1,001	1,023	1,097	1,090
Total Common Shares Outstanding	1,015	1,008	1,002	1,024	1,097	1,090
Working Capital	796	1,241	554	4,367	-3,458	-2,490
Book Value Per Share	0.34	0.41	10.36	11.57	10.18	12.36
Tangible Book Value	-6,589	-7,017	-8,449	-11,116	-15,927	-17,631
Tangible Book Value Per Share	-6.49	-6.96	-8.43	-10.86	-14.52	-16.17
Land	-	646	651	751	848	867
Machinery	-	15,741	15,077	15,394	20,692	19,608
Construction In Progress	-	2,758	2,010	1,474	1,611	2,300

Source: S&P Capital IQ. Standard template. Financial Sources.