{
  "docId": "019de517-62e1-779d-81fa-920c48a49ae2",
  "docSlug": "d0b1079eebf95f3b3d0f1364f21ef842",
  "documentTitle": "Lumen | Investor Presentation Deck | 26 slides",
  "authorId": "lumen",
  "authorName": "Lumen",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-11-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 24,
  "pageCount": 26,
  "prevPage": 23,
  "nextPage": 25,
  "slideType": "revenue_buildup",
  "function": "analyze_data",
  "density": "overcrowded",
  "nDataPoints": 12,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de517-62e1-779d-81fa-920c48a49ae2/24",
  "deckHref": "/decks/019de517-62e1-779d-81fa-920c48a49ae2",
  "deckJsonHref": "/decks/019de517-62e1-779d-81fa-920c48a49ae2.json",
  "deckAnchorHref": "/decks/019de517-62e1-779d-81fa-920c48a49ae2#slide-24",
  "components": [
    {
      "bbox": {
        "h": 0.55,
        "w": 0.508,
        "x": 0.04,
        "y": 0.33
      },
      "kind": "chart",
      "text": "3Q22 Reported: $1,688; Post-Closing Commercial Agreements/Divestitures: -$332, -$40 (~58%); Other Declines: -$267; 3Q23 Reported: $1,049",
      "attrs": null,
      "subkind": "waterfall",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6611d54f-d443-4c18-9914-438e22053658",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.12,
        "x": 0.85,
        "y": 0.93
      },
      "kind": "image",
      "text": "LUMEN",
      "attrs": null,
      "subkind": "logo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e2549ec8-4c81-4519-b81c-f0abf56e0513",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.01,
        "w": 0.14,
        "x": 0.038,
        "y": 0.94
      },
      "kind": "source-note",
      "text": "Issued: October 31, 2023",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c637c746-6ef0-4bc0-9969-f71b1070883c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.39,
        "x": 0.58,
        "y": 0.78
      },
      "kind": "source-note",
      "text": "(1) The Company believes that these figures will allow analysts and investors to understand (i) the amounts associated with the divestitures and the impact that it had on the Company's revenue generating activities in the third quarter of 2022 in relation to the Company's past, but not current or future, financial performance and (ii) the impact that the post-closing agreements have had on the Company's activities in the third quarter of 2023 and its current financial performance.\n(2) Calculated by combining the impacts from Post-Closing Commercial Agreements and Divestitures and showing them as a percent of the total dollar change from 3Q22 Adjusted EBITDA to 3Q23 Adjusted EBITDA.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e5efde6e-b42f-49d0-91a3-1f06398eb75e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.35,
        "x": 0.607,
        "y": 0.33
      },
      "kind": "table",
      "text": "($ in millions) 3Q23 Y/Y Change Total Revenue $3,641 (17.1%) Adjusted EBITDA $1,049 (37.9%) Adj. EBITDA Margin 28.8% (970bps)",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "35303614-57c6-47df-96fe-d4affcf19203",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.55,
        "x": 0.028,
        "y": 0.249
      },
      "kind": "title",
      "text": "~58% of Decline Due to Post-Closing Commercial Agreements and Divestitures",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "be588dad-77d6-4ea6-8460-c2401777683e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.11,
        "w": 0.54,
        "x": 0.028,
        "y": 0.12
      },
      "kind": "title",
      "text": "3Q23 Year-Over-Year Adjusted EBITDA Bridge",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "16b13e22-e2c9-4a11-ade5-01e4445e23b4",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Waterfall chart",
      "slug": "waterfall-chart",
      "agent": null,
      "layer": "slide",
      "matchId": "19cef962-5f6b-4cce-b123-f05662cdeecc",
      "evidence": "chart/waterfall: 3Q22 Reported: $1,688; Post-Closing Commercial Agreements/Divestitures: -$332, -$40 (~58%); Other Declines: -$267; 3Q23 Reported: $1,049",
      "confidence": 0.9
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 26,
      "from": 20,
      "beatId": "ec652dba-3d4e-40eb-b811-849b368dd4f4",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Impact & Next Steps",
      "beatSlug": "consultants-gambit-impact-next-steps",
      "evidence": "The deck concludes with a review of results and reiterated financial outlook",
      "position": 4,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}