XML 23 R44.htm IDEA: XBRL DOCUMENT v3.19.2
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Details)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 4 Months Ended 8 Months Ended 12 Months Ended
Jun. 30, 2019
USD ($)
$ / shares
Mar. 31, 2019
USD ($)
$ / shares
Dec. 31, 2018
USD ($)
$ / shares
Sep. 30, 2018
USD ($)
$ / shares
Jun. 30, 2018
USD ($)
$ / shares
Mar. 31, 2018
USD ($)
$ / shares
Dec. 31, 2017
USD ($)
$ / shares
Sep. 30, 2017
USD ($)
$ / shares
Jun. 30, 2018
USD ($)
Feb. 28, 2018
Jun. 30, 2019
USD ($)
segment
$ / shares
shares
Jun. 30, 2018
USD ($)
$ / shares
shares
Jun. 30, 2017
USD ($)
$ / shares
shares
Basis Of Presentation And Significant Accounting Policies [Line Items]                          
Number of segments | segment                     4    
Weighted-average shares included to account for the dilutive effect of the Part A and Part B RSUs | shares                     1.7 1.2 2.9
Restricted cash, non-current $ 1.2       $ 4.6       $ 4.6   $ 1.2 $ 4.6 $ 4.5
Depreciation expense                     (538.3) (649.3) (526.2)
Net income $ 63.0 $ 34.7 $ 30.2 $ 22.1 $ 42.9 $ 23.5 $ 13.2 $ 23.3     $ 150.0 $ 102.9 $ 87.1
Basic earnings per share | $ / shares $ 0.27 $ 0.15 $ 0.13 $ 0.09 $ 0.17 $ 0.09 $ 0.05 $ 0.09     $ 0.63 $ 0.42 $ 0.36
Diluted earnings per share | $ / shares $ 0.26 $ 0.15 $ 0.13 $ 0.09 $ 0.17 $ 0.09 $ 0.05 $ 0.09     $ 0.62 $ 0.41 $ 0.35
Impairment of property, plant and equipment                     $ 0.0 $ 0.0 $ 0.0
Impairment of goodwill and intangibles                     0.0 0.0 $ 0.0
Assets of parent company $ 9,334.6       $ 9,209.9       9,209.9   9,334.6 9,209.9  
Liabilities of parent company 7,993.1       7,709.6       7,709.6   7,993.1 7,709.6  
Parent Company [Member]                          
Basis Of Presentation And Significant Accounting Policies [Line Items]                          
Assets of parent company 0.0                   0.0    
Liabilities of parent company 0.0                   0.0    
Cash of parent company $ 0.7       $ 0.7       $ 0.7   $ 0.7 $ 0.7  
Allstream [Member]                          
Basis Of Presentation And Significant Accounting Policies [Line Items]                          
Percentage of entity acquired 100.00%                   100.00%    
Credit Concentration Risk [Member]                          
Basis Of Presentation And Significant Accounting Policies [Line Items]                          
Major customer concentration                     10.00% 10.00%  
Property Plant and Equipment Depreciation Period                          
Basis Of Presentation And Significant Accounting Policies [Line Items]                          
Depreciation expense                     $ 208.8 $ 69.6  
Net income                     $ 178.7 $ 55.4  
Basic earnings per share | $ / shares                     $ 0.75 $ 0.22  
Diluted earnings per share | $ / shares                     $ 0.74 $ 0.22  
Fiber Optic Network [Member] | Property Plant and Equipment Depreciation Period                          
Basis Of Presentation And Significant Accounting Policies [Line Items]                          
Estimated useful life in years                 33 years        
Owned Buildings [Member]                          
Basis Of Presentation And Significant Accounting Policies [Line Items]                          
Estimated useful life in years                   39 years      
Owned Buildings [Member] | Property Plant and Equipment Depreciation Period                          
Basis Of Presentation And Significant Accounting Policies [Line Items]                          
Estimated useful life in years                 45 years        
Customer Relationships [Member]                          
Basis Of Presentation And Significant Accounting Policies [Line Items]                          
Customer relationship estimated life                     14 years 3 months 18 days    
Minimum | Parent Company [Member]                          
Basis Of Presentation And Significant Accounting Policies [Line Items]                          
Restricted net assets of parent company exceeds consolidated net assets 25.00%                   25.00%    
Minimum | Fiber Optic Network [Member]                          
Basis Of Presentation And Significant Accounting Policies [Line Items]                          
Estimated useful life in years                   15 years 33 years    
Minimum | Customer Relationships [Member]                          
Basis Of Presentation And Significant Accounting Policies [Line Items]                          
Customer relationship estimated life                     10 years    
Maximum | Fiber Optic Network [Member]                          
Basis Of Presentation And Significant Accounting Policies [Line Items]                          
Estimated useful life in years                   20 years      
Maximum | Customer Relationships [Member]                          
Basis Of Presentation And Significant Accounting Policies [Line Items]                          
Customer relationship estimated life                     20 years