XML 47 R29.htm IDEA: XBRL DOCUMENT v3.6.0.2
Acquisitions (Tables)
12 Months Ended
Dec. 31, 2016
Verizon Transaction  
Business Acquisition [Line Items]  
Allocation of the purchase price



 

 

 

 



 

 

 

 

($ in millions)

 

 

 

    

 

 

 

 

Current assets

 

$ 

350 

 

Property, plant & equipment

 

 

6,236 

 

Goodwill

 

 

2,508 

 

Other intangibles - primarily customer base

 

 

2,162 

 

Current liabilities

 

 

(518)

 

Long-term debt

 

 

(544)

 

Other liabilities

 

 

(323)

 

Total net assets acquired

 

$

9,871 

 



 

 

 

 



Unaudited Pro Forma Condensed Combined Statements of Income Information



 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

 

(Unaudited)

 



 

 

For the year ended December 31,

 

($ in millions, except per share amounts)

 

 

2016

 

 

2015

 

    

 

 

 

 

 

 

 

Revenue

 

$ 

10,255 

 

$ 

11,157 

 



 

 

 

 

 

 

 

Operating income

 

$ 

1,433 

 

$ 

1,529 

 



 

 

 

 

 

 

 

Net loss attributable to Frontier

 

 

 

 

 

 

 

common shareholders

 

$ 

262 

 

$ 

(192)

 



 

 

 

 

 

 

 

Basic and diluted net loss per

 

 

 

 

 

 

 

share attributable to Frontier

 

 

 

 

 

 

 

common shareholders

 

$ 

(0.23)

 

$ 

(0.17)

 



 

 

 

 

 

 

 



Connecticut Transaction  
Business Acquisition [Line Items]  
Allocation of the purchase price



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

($ 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



 

 

 

 

 

 



 

 

 

 

 

 



 

(Unaudited)

 

 

 



 

For the year ended December 31,

 

 

 

($ in millions, except per share amounts)

 

 

2014

 

 

 

    

 

 

 

 

 

 

Revenue

 

$ 

5,775 

 

 

 



 

 

 

 

 

 

Operating income

 

$ 

985 

 

 

 



 

 

 

 

 

 

Net income attributable to Frontier

 

 

 

 

 

 

common shareholders

 

$ 

191 

 

 

 



 

 

 

 

 

 

Basic and diluted net income per

 

 

 

 

 

 

share attributable to Frontier

 

 

 

 

 

 

common shareholders

 

$ 

0.19 

 

 

 



 

 

 

 

 

 



Parent Company [Member]  
Business Acquisition [Line Items]  
Schedule Of Acquisition And Integration Costs Table TextBlock



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

For the Year Ended

($ in millions)

 

2016

 

2015

 

2014



 

 

 

 

 

 

 

 

 

Acquisition costs:

 

 

 

 

 

 

 

 

 

CTF Acquisition

 

$

23 

 

$

44 

 

$

 -

Connecticut Acquisition

 

 

 -

 

 

1 

 

 

15 



 

 

23 

 

 

45 

 

 

15 

Integration costs:

 

 

 

 

 

 

 

 

 

CTF Acquisition

 

 

412 

 

 

152 

 

 

 -

Connecticut Acquisition

 

 

1 

 

 

39 

 

 

127 



 

 

413 

 

 

191 

 

 

127 

Total acquisition and

 

 

 

 

 

 

 

 

 

 integration costs

 

$

436 

 

$

236 

 

$

142