Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 158.0	$ 155.6
Restricted cash	73.9	28.2
Accounts receivable, net	345.3	51.5
Prepaid expenses	104.0	16.2
Other current assets	193.0	18.1
Total current assets	874.2	269.6
Goodwill	1,164.3	157.4
Intangible assets, net	1,352.4	275.4
Property, plant and equipment, net	8,059.4	4,209.7
Operating lease right-of-use assets, net	541.4	126.8
Deferred income tax assets, net	0.0	128.0
Other assets	87.5	115.2
Total assets	12,079.2	5,282.1
Current liabilities:
Accounts payable	161.9	13.6
Deferred revenue	185.2	84.5
Current portion of operating lease obligations	124.3	12.7
Accrued taxes	66.3	7.1
Accrued interest	161.5	143.9
Other current liabilities	371.1	118.9
Total current liabilities	1,070.3	380.7
Notes and other debt, net	9,285.1	5,783.6
Noncurrent operating lease obligations	381.3	67.8
Noncurrent deferred revenue	379.4	1,316.5
Deferred income taxes, net	13.7	0.0
Other liabilities	268.6	185.4
Total liabilities	11,398.4	7,734.0
Commitments and contingencies (Note 14)
Shareholders' equity (deficit):
Common stock, $0.0001 par value, 5,550.0 million shares authorized, 239.0 million shares issued and outstanding at September 30, 2025 and 500.0 million shares authorized, 143.2 million shares issued and outstanding at December 31, 2024	0.0	0.0
Additional paid-in capital	2,768.6	1,236.0
Accumulated other comprehensive loss	(1.3)	(0.6)
Distributions in excess of accumulated earnings	(2,086.6)	(3,687.8)
Total Uniti shareholders' equity (deficit)	680.7	(2,452.4)
Noncontrolling interests	0.1	0.5
Total shareholders' equity (deficit)	680.8	(2,451.9)
Total liabilities and shareholders' equity (deficit)	12,079.2	5,282.1
New Uniti Preferred Stock
Shareholders' equity (deficit):
Preferred stock value issued	0.0	0.0
Old Uniti Preferred Stock
Shareholders' equity (deficit):
Preferred stock value issued	$ 0.0	$ 0.0