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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 99.8 $ 98.6
Accounts receivable, net of allowance of $10.1 at June 30, 2020 and $7.3 at December 31, 2019 (Note 3) 246.2 269.3
Other receivables 7.9 10.0
Prepaid taxes 91.8 4.0
Other prepaids 36.8 31.4
Other current assets 6.5 4.6
Total current assets 489.0 417.9
Non-Current Assets    
Property, plant and equipment, net of accumulated depreciation of $12.0 at June 30, 2020 and $7.5 at December 31, 2019 28.1 29.4
Computer software, net of accumulated amortization of $85.5 at June 30, 2020 and $52.9 at December 31, 2019 (Note 14) 391.8 379.8
Goodwill (Note 14 and 15) 2,848.0 2,840.1
Deferred income tax 13.7 12.6
Other intangibles (Note 14 and 15) 5,022.3 5,251.4
Deferred costs (Note 3) 61.5 47.0
Other non-current assets (Note 6) 130.7 134.6
Total non-current assets 8,496.1 8,694.9
Total assets 8,985.1 9,112.8
Current liabilities    
Accounts payable 59.9 55.0
Accrued payroll 59.8 137.9
Accrued income tax 23.2 7.8
Short-term debt (Note 5) 325.3 81.9
Cumulative Series A Preferred Stock redemption liability (Note 17) 1,067.9 0.0
Make-whole derivative liability 205.2 172.4
Other accrued and current liabilities (Note 6) 191.5 167.3
Deferred revenue (Note 3) 520.8 467.5
Total current liabilities 2,453.6 1,089.8
Long-term pension and postretirement benefits (Note 9) 185.7 206.6
Long-term debt (Note 5) 3,620.8 3,818.9
Liabilities for unrecognized tax benefits 17.1 16.8
Deferred income tax 1,187.8 1,233.5
Other non-current liabilities (Note 6) 131.1 137.7
Total liabilities 7,596.1 6,503.3
Commitments and contingencies (Note 7 and 16)
Cumulative Series A Preferred Stock $0.001 par value per share,1,050,000 shares authorized and issued at June 30, 2020 and December 31, 2019; Liquidation Preference of $1,067.9 at June 30, 2020 and December 31, 2019 (Note 17) 0.0 1,031.8
Equity    
Successor Common Stock, $0.0001 par value per share, authorized—2,000,000,000 shares; issued— 314,494,968 shares 0.0 0.0
Capital surplus 2,043.9 2,116.9
Accumulated deficit (675.0) (573.5)
Accumulated other comprehensive loss (37.8) (23.5)
Total stockholder equity 1,331.1 1,519.9
Non-controlling interest 57.9 57.8
Total equity 1,389.0 1,577.7
Total liabilities and stockholder equity $ 8,985.1 $ 9,112.8