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Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 487.8 $ 59.1
Restricted cash 1.8 1.8
Receivables, less allowance ($19.9 in 2020 and $12.1 in 2019) 260.8 290.0
Prepaid lease and franchise costs 8.5 8.6
Prepaid MTA equipment deployment costs 0.9 55.4
Other prepaid expenses 15.3 15.8
Other current assets 7.6 5.1
Total current assets 782.7 435.8
Noncurrent assets:    
Property and equipment, net 665.8 666.2
Goodwill 2,081.3 2,083.1
Intangible assets 562.7 550.9
Operating lease assets 1,470.9 1,457.0
Prepaid MTA equipment deployment costs 188.8 116.1
Other assets 52.1 73.2
Total assets 5,804.3 5,382.3
Current liabilities:    
Accounts payable 70.8 67.9
Accrued compensation 25.5 56.1
Accrued interest 17.7 26.4
Accrued lease and franchise costs 49.2 55.3
Other accrued expenses 33.2 34.2
Deferred revenues 40.0 29.0
Short-term debt 210.0 195.0
Short-term operating lease liabilities 180.8 168.3
Other current liabilities 15.4 17.8
Total current liabilities 642.6 650.0
Noncurrent liabilities:    
Long-term debt, net 2,718.0 2,222.1
Deferred income tax liabilities, net 15.5 18.0
Asset retirement obligation 34.8 35.1
Operating lease liabilities 1,287.4 1,285.1
Other liabilities 49.0 45.6
Total liabilities 4,747.3 4,255.9
Commitments and contingencies
Stockholders’ equity:    
Common stock (2020 - 450.0 shares authorized, and 144.4 shares issued and outstanding; 2019 - 450.0 shares authorized, and 143.6 issued and outstanding) 1.4 1.4
Additional paid-in capital 2,072.8 2,074.7
Distribution in excess of earnings (1,013.8) (964.6)
Accumulated other comprehensive loss (31.8) (17.7)
Total stockholders' equity 1,028.6 1,093.8
Non-controlling interests 28.4 32.6
Total equity 1,057.0 1,126.4
Total liabilities and equity $ 5,804.3 $ 5,382.3