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  "documentTitle": "Lumen | Investor Presentation Deck | 29 slides",
  "authorId": "lumen",
  "authorName": "Lumen",
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  "presentationDate": "2023-05-01 00:00:00",
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      "text": "(1) For definitions of non-GAAP metrics and reconciliation to GAAP figures, see Lumen's Investor Relations website.\n(2) Outlook measures in this presentation and the accompanying schedules (i) exclude the effects of Special Items, future changes in our operating or capital allocation plans, unforeseen changes in regulation, laws or\nlitigation, and other unforeseen events or circumstances impacting our financial performance and (ii) speak only as of May 2, 2023. See \"Forward Looking Statements\" at the beginning of this presentation.\n(3) Includes accounting impacts of assets and liabilities held for sale and assumes the proposed sale of Lumen's EMEA business is not completed during 2023.\n(4) Assumes no discretionary pension plan contributions during 2023.\n(5) Excludes approximately $1 billion impact of taxes related to our divestitures completed on August 1, 2022 and October 3, 2022.",
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      "text": "29 Issued: May 2, 2023",
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      "kind": "table",
      "text": "Metric(1)(2)\nAdjusted EBITDA\nFree Cash Flow(4)(5)\nNet Cash Interest\nGAAP Interest Expense\nCapital Expenditures\nDepreciation & Amortization\nStock-based Compensation Expenses\nCash Income Taxes(5)\nFull Year Effective Income Tax Rate\nCurrent Outlook (3)\n$4.6 to $4.8 billion\n$0 to $200 million\n$1.1 to $1.2 billion\n$1.200 billion\n$2.9 to $3.1 billion\n$2.9 to $3.1 billion\n~$125 million\n~$300 to $400 million\n~26%\nPrevious Outlook(3)\n$4.6 to $4.8 billion\n$0 to $200 million\n$1.1 to $1.2 billion\n$1.200 billion\n$2.9 to $3.1 billion\n$2.9 to $3.1 billion\n~$125 million\n~$200 to $300 million\n~26%",
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      "text": "Updated 2023 Financial Outlook",
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