Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2022

Discontinued Operations

Schedule of discontinued operations - assets and liabilities, components of income, revenue by service offering and non-cash items and capital expenditure

The following table presents information regarding certain components of income from discontinued operations:

	Three months ended		Nine months ended
	September 30,		September 30,
	2021		2021
	(in millions)
Revenue	$	83.7	$	293.9
Costs and expenses:
Operating (excluding depreciation and amortization)		28.9		106.1
Selling, general and administrative		5.2		10.7
Depreciation and amortization		—		41.0
		34.1		157.8
Income from operations		49.6		136.1
Other income:
Interest income		—		0.4
Gain on sale of assets, net		689.9		690.1
Other income, net		—		0.1
Income from discontinued operations before provision for income tax		739.5		826.7
Income tax expense		(200.4)		(220.4)
Income from discontinued operations	$	539.1	$	606.3

The following table presents revenue by service offering from discontinued operations:

	Three months ended		Nine months ended
	September 30,		September 30,
	2021		2021
	(in millions)
Residential subscription
HSD	$	41.4	$	143.5
Video		27.1		98.6
Telephony		3.0		10.9
Total Residential subscription	$	71.5	$	253.0
Business subscription
HSD	$	5.0	$	16.7
Video		0.7		2.5
Telephony		2.3		7.9
Total business subscription	$	8.0	$	27.1
Total subscription services revenue		79.5		280.1
Other business services revenue		0.6		1.6
Other revenue		3.6		12.2
Total revenue	$	83.7	$	293.9

The following table presents specified items of cash flow and significant non-cash items of discontinued operations:

	Nine months ended
	September 30,
	2021
	(in millions)
Specified items of cash flow:
Capital expenditures	$	41.2
Non-cash operating activities:
Operating lease additions	$	—
Non-cash investing activities:
Capital expenditure accounts payable and accruals	$	2.3