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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2015
Acquisitions [Abstract]  
Allocation of the purchase price for the Connecticut Acquisition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

($ in millions)

 

 

 

 

 

 

    

 

 

 

 

 

 

 

 

Current assets

 

$ 

69 

 

 

 

 

 

Property, plant & equipment

 

 

1,459 

 

 

 

 

 

Goodwill

 

 

815 

 

 

 

 

 

Other intangibles - customer base

 

 

570 

 

 

 

 

 

Current liabilities

 

 

(94)

 

 

 

 

 

Deferred income taxes

 

 

(576)

 

 

 

 

 

Other liabilities

 

 

(225)

 

 

 

 

 

Total net assets acquired

 

$

2,018 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unaudited Pro Forma Condensed Combined Statements of Income Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

($ in millions, except per share amounts)

 

 

(Unaudited)

 

 

 

 

For the year ended December 31,

 

 

 

 

2014

 

 

2013

 

    

 

 

 

 

 

 

 

Revenue

 

$ 

5,775 

 

$ 

6,011 

 

 

 

 

 

 

 

 

 

Operating income

 

$ 

985 

 

$ 

1,049 

 

 

 

 

 

 

 

 

 

Net income attributable to Frontier

 

 

 

 

 

 

 

common shareholders

 

$ 

191 

 

$ 

83 

 

 

 

 

 

 

 

 

 

Basic and diluted net income per

 

 

 

 

 

 

 

share attributable to Frontier

 

 

 

 

 

 

 

common shareholders

 

$ 

0.19 

 

$ 

0.08