Lumen Technologies, Inc. (LUMN)

Solvency & Capital Structure

Total Debt

$13.25B

Net Debt

$11.63B

Lumen Technologies, Inc. currently has $13.25B in total debt. Net debt is $11.63B after cash offsets.

Financial Fundamentals

LUMN • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-03-31	13.25	1.63	11.63	30.62	43.3%
2025-12-31	17.71	1.00	16.70	34.34	51.6%
2025-09-30	17.95	2.40	15.54	34.29	52.3%
2025-06-30	18.17	1.57	16.60	32.98	55.1%
2025-03-31	17.93	1.90	16.03	33.54	53.5%
2024-12-31	19.12	1.89	17.23	33.50	57.1%
2024-09-30	18.82	2.64	16.18	33.99	55.4%
2024-06-30	18.88	1.50	17.39	32.94	57.3%
2024-03-31	18.96	1.58	17.38	33.17	57.2%
2023-12-31	21.30	2.23	19.06	34.02	62.6%
2023-09-30	20.19	0.31	19.88	35.92	56.2%
2023-06-30	20.38	0.41	19.96	36.17	56.3%
2023-03-31	20.22	1.15	19.07	45.53	44.4%
2022-12-31	22.00	1.25	20.75	45.61	48.2%
2022-09-30	25.63	0.25	25.38	54.82	46.8%
2022-06-30	28.52	0.36	28.16	57.67	49.5%
2022-03-31	28.94	0.37	28.57	58.04	49.9%
2021-12-31	31.17	0.35	30.82	57.99	53.8%
2021-09-30	30.15	0.64	29.51	58.31	51.7%
2021-06-30	31.56	0.94	30.62	58.95	53.5%
2021-03-31	31.83	0.49	31.34	58.83	54.1%
2020-12-31	34.27	0.41	33.86	59.39	57.7%
2020-09-30	32.99	0.53	32.47	62.60	52.7%
2020-06-30	34.77	1.77	33.01	64.17	54.2%
2020-03-31	36.34	1.57	34.77	64.06	56.7%
2019-12-31	36.45	1.69	34.76	64.74	56.3%
2019-09-30	35.13	1.40	33.72	64.73	54.3%
2019-06-30	34.79	0.41	34.38	64.51	53.9%
2019-03-31	35.49	0.44	35.05	64.79	54.8%
2018-12-31	36.06	0.49	35.57	70.24	51.3%
2018-09-30	36.53	0.39	36.14	73.37	49.8%
2018-06-30	37.31	0.70	36.62	74.35	50.2%
2018-03-31	37.38	0.50	36.88	74.79	50.0%
2017-12-31	37.73	0.55	37.17	75.55	49.9%
2017-09-30	24.98	0.16	24.82	50.54	49.4%
2017-06-30	25.08	0.34	24.73	50.92	49.2%
2017-03-31	19.68	0.21	19.46	46.60	42.2%
2016-12-31	19.69	0.22	19.47	47.02	41.9%
2016-09-30	19.72	0.14	19.58	46.80	42.1%
2016-06-30	19.62	0.19	19.43	47.12	41.6%
2016-03-31	20.02	0.44	19.59	47.52	42.1%
2015-12-31	20.23	0.13	20.10	47.60	42.5%
2015-09-30	20.41	0.35	20.06	48.75	41.9%
2015-06-30	20.35	0.15	20.20	48.98	41.6%
2015-03-31	20.46	0.15	20.30	49.52	41.3%
2014-12-31	20.67	0.13	20.54	50.15	41.2%
2014-09-30	21.15	0.73	20.42	50.65	41.8%
2014-06-30	20.96	0.18	20.78	50.61	41.4%
2014-03-31	20.94	0.22	20.72	51.17	40.9%
2013-12-31	20.97	0.17	20.80	51.79	40.5%
2013-09-30	20.58	0.27	20.32	51.98	39.6%
2013-06-30	20.59	0.21	20.37	53.25	38.7%
2013-03-31	20.79	0.48	20.31	53.73	38.7%
2012-12-31	20.61	0.21	20.39	54.02	38.1%
2012-09-30	20.71	0.19	20.51	54.63	37.9%
2012-06-30	21.59	0.28	21.30	55.09	39.2%
2012-03-31	22.87	1.53	21.34	56.84	40.2%
2011-12-31	21.84	0.13	21.71	56.14	38.9%
2011-09-30	22.18	1.12	21.05	56.73	39.1%
2011-06-30	21.34	2.55	18.80	54.84	38.9%
2011-03-31	7.18	0.27	6.91	21.90	32.8%
2010-12-31	7.33	0.17	7.15	22.04	33.2%
2010-09-30	7.56	0.24	7.32	22.22	34.0%
2010-06-30	7.68	0.19	7.49	22.20	34.6%
2010-03-31	7.72	0.21	7.51	22.32	34.6%
2009-12-31	7.75	0.16	7.59	22.56	34.4%
2009-09-30	8.22	0.53	7.69	22.96	35.8%
2009-06-30	2.92	0.06	2.86	7.89	37.0%
2009-03-31	3.02	0.06	2.96	7.93	38.1%
2008-12-31	3.31	0.24	3.07	8.25	40.2%
2008-09-30	3.34	0.26	3.09	8.27	40.4%
2008-06-30	3.06	0.06	3.00	8.17	37.5%
2008-03-31	2.97	0.04	2.93	8.12	36.5%
2007-12-31	3.01	0.03	2.98	8.18	36.8%
2007-09-30	3.00	0.06	2.94	8.23	36.5%
2007-06-30	3.25	0.04	3.20	8.27	39.2%
2007-03-31	3.28	0.76	2.51	8.09	40.5%
2006-12-31	2.59	0.03	2.57	7.44	34.8%
2006-09-30	2.61	0.03	2.58	7.41	35.3%
2006-06-30	2.62	0.00	2.62	7.43	35.3%
2006-03-31	2.93	0.02	2.91	7.52	38.9%
2005-12-31	2.65	0.16	2.49	7.76	34.2%
2005-09-30	2.83	0.27	2.57	7.84	36.1%
2005-06-30	2.85	0.10	2.75	7.71	37.0%
2005-03-31	2.84	0.13	2.71	7.70	36.9%
2004-12-31	3.01	0.17	2.84	7.80	38.6%
2004-09-30	3.02	0.17	2.85	7.79	38.8%
2004-06-30	3.01	0.10	2.91	7.68	39.1%
2004-03-31	3.19	0.27	2.92	7.90	40.4%
2003-12-31	3.18	0.20	2.98	7.90	40.3%
2003-09-30	3.23	0.16	3.08	7.81	41.4%
2003-06-30	3.26	0.02	3.23	7.69	42.3%
2003-03-31	3.41	0.02	3.39	7.70	44.3%
2002-12-31	3.65	0.00	3.65	7.77	47.0%
2002-09-30	3.68	0.29	3.38	8.07	45.6%
2002-06-30	3.18	0.30	2.88	6.64	47.9%
2002-03-31	3.00	0.05	2.95	6.38	47.1%
2001-12-31	3.10	0.01	3.08	6.32	49.0%
2001-09-30	3.12	0.02	3.10	6.39	48.8%
2001-06-30	3.33	0.04	3.29	6.51	51.2%
2001-03-31	3.46	0.02	3.44	6.39	54.1%
2000-12-31	3.48	0.02	3.46	6.39	54.4%
2000-09-30	3.48	0.07	3.41	6.31	55.1%
2000-06-30	2.03	0.05	1.98	4.72	43.0%
2000-03-31	2.06	0.06	2.00	4.73	43.6%
1999-12-31	2.14	0.06	2.08	4.71	45.5%
1999-09-30	2.10	0.04	2.06	4.54	46.1%
1999-06-30	2.07	0.09	1.98	4.56	45.4%
1999-03-31	2.48	0.00	2.48	4.90	50.7%
1998-12-31	2.61	0.01	2.61	4.94	52.9%
1998-09-30	2.44	0.00	2.43	4.64	52.6%
1998-06-30	2.50	0.02	2.48	4.66	53.7%
1998-03-31	2.61	0.02	2.59	4.71	55.4%
1997-12-31	2.66	0.03	2.64	4.71	56.6%
1997-09-30	0.58	0.01	0.57	2.27	25.7%
1997-06-30	0.65	0.01	0.64	2.22	29.3%
1997-03-31	0.64	0.01	0.62	2.07	30.7%
1996-12-31	0.65	0.01	0.64	2.03	31.8%
1996-09-30	0.61	0.02	0.60	1.96	31.2%
1996-06-30	0.64	0.01	0.62	1.94	33.0%