Condensed Consolidating Financial Statements (Tables)

3 Months Ended

Mar. 31, 2013

YRC Worldwide - 6% Senior Convertible Notes [Member]

Guarantor Obligations [Line Items]

Schedule of Condensed Balance Sheeet [Table Text Block]

g represents condensed consolidating financi

Schedule of Comprehensive Income (Loss) [Table Text Block]

nsolidating Comprehensive Income (Loss)

Three Months Ended March 31, 2013 (in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Operating Revenue	$	—		$	1,065.7		$	96.8		$	—	$	1,162.5
Operating Expenses:
Salaries, wages and employees’ benefits	9.5			621.9			49.6			—		681.0
Operating expenses and supplies	(7.8		)	252.4			23.2			—		267.8
Purchased transportation	—			101.9			13.0			—		114.9
Depreciation and amortization	—			39.9			3.7			—		43.6
Other operating expenses	0.1			47.1			2.6			—		49.8
Gains on property disposals, net	—			(4.5		)	—			—		(4.5		)
Total operating expenses	1.8			1,058.7			92.1			—		1,152.6
Operating Income (Loss)	(1.8		)	7.0			4.7			—		9.9
Nonoperating Expenses (Income):
Interest expense (income)	27.9			(1.0		)	12.3			—		39.2
Other, net	17.5			13.4			(31.2		)	—		(0.3		)
Nonoperating expenses (income), net	45.4			12.4			(18.9		)	—		38.9
Income (loss) before income taxes	(47.2		)	(5.4		)	23.6			—		(29.0		)
Income tax benefit	(4.1		)	(0.4		)	—			—		(4.5		)
Net income (loss)	(43.1		)	(5.0		)	23.6			—		(24.5		)
Other comprehensive income (loss), net of tax	0.5			3.4			(0.8		)	—		3.1
Comprehensive Income (Loss) Attributable to YRC Worldwide Inc. Shareholders	$	(42.6	)	$	(1.6	)	$	22.8		$	—	$	(21.4	)

Three Months Ended March 31, 2012 (in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Operating Revenue	$	—		$	1,088.8		$	105.5		$	—	$	1,194.3
Operating Expenses:
Salaries, wages and employees’ benefits	9.7			646.9			48.2			—		704.8
Operating expenses and supplies	(9.4		)	279.4			23.2			—		293.2
Purchased transportation	—			98.9			20.8			—		119.7
Depreciation and amortization	—			45.4			3.6			—		49.0
Other operating expenses	0.9			61.9			5.3			—		68.1
Losses (gains) on property disposals, net	—			8.4			(0.1		)	—		8.3
Total operating expenses	1.2			1,140.9			101.0			—		1,243.1
Operating Income (Loss)	(1.2		)	(52.1		)	4.5			—		(48.8		)
Nonoperating Expenses (Income):
Interest expense	24.6			—			11.8			—		36.4
Other, net	73.9			(46.3		)	(28.0		)	—		(0.4		)
Nonoperating expenses (income), net	98.5			(46.3		)	(16.2		)	—		36.0
Income (loss) before income taxes	(99.7		)	(5.8		)	20.7			—		(84.8		)
Income tax benefit	(2.1		)	—			(1.1		)	—		(3.2		)
Net income (loss)	(97.6		)	(5.8		)	21.8			—		(81.6		)
Less: Net income attributable to non-controlling interest	—			—			3.9			—		3.9
Net Income (Loss) Attributable to YRC Worldwide Inc.	(97.6		)	(5.8		)	17.9			—		(85.5		)
Other comprehensive income, net of tax	0.7			2.7			2.3			—		5.7
Comprehensive Income (Loss) Attributable to YRC Worldwide Inc. Shareholders	$	(96.9	)	$	(3.1	)	$	20.2		$	—	$	(79.8	)

Condensed

Schedule of Condensed Cash Flow Statement [Table Text Block]

nsolidating Statements of Cash Flows

Three Months Ended March 31, 2013 (in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Operating Activities:
Net cash provided by (used in) operating activities	$	(41.2	)	$	49.2		$	(21.9	)	$	—	$	(13.9	)
Investing Activities:
Acquisition of property and equipment	—			(16.9		)	(0.3		)	—		(17.2		)
Proceeds from disposal of property and equipment	—			0.6			—			—		0.6
Restricted escrow receipts, net	4.5			—			—			—		4.5
Other, net	1.8			—			—			—		1.8
Net cash provided by (used in) investing activities	6.3			(16.3		)	(0.3		)	—		(10.3		)
Financing Activities:
Issuance of long-term debt	—			0.3			—			—		0.3
Repayments of long-term debt	(1.9		)	—			(0.5		)	—		(2.4		)
Intercompany advances (repayments)	23.5			(29.1		)	5.6			—		—
Net cash provided by (used in) financing activities	21.6			(28.8		)	5.1			—		(2.1		)
Net Increase (Decrease) in Cash and Cash Equivalents	(13.3		)	4.1			(17.1		)	—		(26.3		)
Cash and Cash Equivalents, Beginning of Period	151.9			13.6			43.2			—		208.7
Cash and Cash Equivalents, End of Period	$	138.6		$	17.7		$	26.1		$	—	$	182.4

Three Months Ended March 31, 2012 (in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Operating Activities:
Net cash provided by (used in) operating activities	$	(86.8	)	$	76.1		$	(6.4	)	$	—	$	(17.1	)
Investing Activities:
Acquisition of property and equipment	—			(14.9		)	(0.2		)	—		(15.1		)
Proceeds from disposal of property and equipment	—			10.1			(0.1		)	—		10.0
Restricted escrow receipts, net	10.1			—			—			—		10.1
Net cash provided by (used in) investing activities	10.1			(4.8		)	(0.3		)	—		5.0
Financing Activities:
Issuance of long-term debt	—			—			45.0			—		45.0
Repayments of long-term debt	(5.4		)	—			(0.6		)	—		(6.0		)
Debt issuance cost	—			—			(1.1		)	—		(1.1		)
Intercompany advances (repayments)	109.9			(76.1		)	(33.8		)	—		—
Net cash provided by (used in) financing activities	104.5			(76.1		)	9.5			—		37.9
Net Increase (Decrease) in Cash and Cash Equivalents	27.8			(4.8		)	2.8			—		25.8
Cash and Cash Equivalents, Beginning of Period	142.0			20.0			38.5			—		200.5
Cash and Cash Equivalents, End of Period	$	169.8		$	15.2		$	41.3		$	—	$	226.3

Guarantees

YRC Worldwide - 10% Senior Convertible Secured Notes [Member]

Guarantor Obligations [Line Items]

Schedule of Condensed Balance Sheeet [Table Text Block]

Balance Sheets

As of March 31, 2013 (in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash and cash equivalents	$	138.6		$	18.6		$	25.2		$	—		$	182.4
Intercompany advances receivable	—			(34.6		)	34.6			—			—
Accounts receivable, net	3.5			26.8			474.7			—			505.0
Prepaid expenses and other	75.6			47.3			(19.5		)	—			103.4
Total current assets	217.7			58.1			515.0			—			790.8
Property and equipment	0.5			2,797.5			52.4			—			2,850.4
Less – accumulated depreciation	(0.2		)	(1,644.9		)	(38.1		)	—			(1,683.2		)
Net property and equipment	0.3			1,152.6			14.3			—			1,167.2
Investment in subsidiaries	1,744.2			206.7			—			(1,950.9		)	—
Receivable from affiliate	(407.5		)	375.4			232.1			(200.0		)	—
Intangibles and other assets	127.7			82.3			32.9			—			242.9
Total Assets	$	1,682.4		$	1,875.1		$	794.3		$	(2,150.9	)	$	2,200.9
Intercompany advances payable	$	(11.8	)	$	(310.9	)	$	322.7		$	—		$	—
Accounts payable	42.6			120.5			7.9			—			171.0
Wages, vacations and employees’ benefits	14.3			198.8			3.0			—			216.1
Other current and accrued liabilities	180.4			30.3			8.2			—			218.9
Current maturities of long-term debt	71.5			—			2.2			—			73.7
Total current liabilities	297.0			38.7			344.0			—			679.7
Payable to affiliate	—			200.0			—			(200.0		)	—
Long-term debt, less current portion	981.9			1.3			312.8			—			1,296.0
Deferred income taxes, net	226.4			(229.0		)	2.6			—			—
Pension and postretirement	537.9			—			0.2			—			538.1
Claims and other liabilities	292.3			36.9			0.5			—			329.7
Commitments and contingencies
Shareholders’ equity (deficit)	(653.1		)	1,827.2			134.2			(1,950.9		)	(642.6		)
Total Liabilities and Shareholders’ Equity (Deficit)	$	1,682.4		$	1,875.1		$	794.3		$	(2,150.9	)	$	2,200.9

As of December 31, 2012 (in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash and cash equivalents	$	151.9		$	15.5		$	41.3		$	—		$	208.7
Intercompany advances receivable	—			(28.8		)	28.8			—			—
Accounts receivable, net	3.3			20.6			436.2			—			460.1
Prepaid expenses and other	93.7			31.8			(20.2		)	—			105.3
Total current assets	248.9			39.1			486.1			—			774.1
Property and equipment	0.7			2,814.9			53.4			—			2,869.0
Less – accumulated depreciation	(0.2		)	(1,638.7		)	(38.7		)	—			(1,677.6		)
Net property and equipment	0.5			1,176.2			14.7			—			1,191.4
Investment in subsidiaries	1,463.5			149.2			(4.1		)	(1,608.6		)	—
Receivable from affiliate	(392.8		)	351.5			241.3			(200.0		)	—
Intangibles and other assets	154.1			86.9			19.0			—			260.0
Total Assets	$	1,474.2		$	1,802.9		$	757.0		$	(1,808.6	)	$	2,225.5
Intercompany advances payable	$	(11.8	)	$	(294.5	)	$	306.3		$	—		$	—
Accounts payable	42.1			112.3			7.6			—			162.0
Wages, vacations and employees’ benefits	13.2			173.8			3.9			—			190.9
Other current and accrued liabilities	193.5			28.0			11.7			—			233.2
Current maturities of long-term debt	6.8			—			2.3			—			9.1
Total current liabilities	243.8			19.6			331.8			—			595.2
Payable to affiliate	—			200.0			—			(200.0		)	—
Long-term debt, less current portion	1,054.7			—			311.6			—			1,366.3
Deferred income taxes, net	228.2			(230.9		)	2.7			—			—
Pension and postretirement	548.8			—			—			—			548.8
Claims and other liabilities	302.9			40.9			0.5			—			344.3
Commitments and contingencies
Shareholders’ equity (deficit)	(904.2		)	1,773.3			110.4			(1,608.6		)	(629.1		)
Total Liabilities and Shareholders’ Equity (Deficit)	$	1,474.2		$	1,802.9		$	757.0		$	(1,808.6	)	$	2,225.5

Condensed Consolidating

Schedule of Comprehensive Income (Loss) [Table Text Block]

Comprehensive Income (Loss)

Three Months Ended March 31, 2013 (in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Operating Revenue	$	—		$	1,129.0		$	33.5		$	—	$	1,162.5
Operating Expenses:
Salaries, wages and employees’ benefits	9.5			658.5			13.0			—		681.0
Operating expenses and supplies	(7.8		)	266.4			9.2			—		267.8
Purchased transportation	—			107.6			7.3			—		114.9
Depreciation and amortization	—			43.0			0.6			—		43.6
Other operating expenses	0.1			50.8			(1.1		)	—		49.8
Gains on property disposals, net	—			(4.5		)	—			—		(4.5		)
Total operating expenses	1.8			1,121.8			29.0			—		1,152.6
Operating Income (Loss)	(1.8		)	7.2			4.5			—		9.9
Nonoperating Expenses (Income):
Interest expense (income)	27.9			(1.0		)	12.3			—		39.2
Other, net	17.5			10.4			(28.2		)	—		(0.3		)
Nonoperating expenses (income), net	45.4			9.4			(15.9		)	—		38.9
Income (loss) before income taxes	(47.2		)	(2.2		)	20.4			—		(29.0		)
Income tax benefit	(4.1		)	(0.4		)	—					(4.5		)
Net income (loss)	(43.1		)	(1.8		)	20.4			—		(24.5		)
Other comprehensive income, net of tax	0.5			3.4			(0.8		)	—		3.1
Comprehensive Income (Loss) Attributable to YRC Worldwide Inc. Shareholders	$	(42.6	)	$	1.6		$	19.6		$	—	$	(21.4	)

Three Months Ended March 31, 2012 (in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Operating Revenue	$	—		$	1,151.7		$	42.6		$	—	$	1,194.3
Operating Expenses:
Salaries, wages and employees’ benefits	9.7			679.1			16.0			—		704.8
Operating expenses and supplies	(9.4		)	292.5			10.1			—		293.2
Purchased transportation	—			105.0			14.7			—		119.7
Depreciation and amortization	—			48.4			0.6			—		49.0
Other operating expenses	0.9			65.8			1.4			—		68.1
Gains on property disposals, net	—			8.3			—			—		8.3
Total operating expenses	1.2			1,199.1			42.8			—		1,243.1
Operating loss	(1.2		)	(47.4		)	(0.2		)	—		(48.8		)
Nonoperating Expenses (Income):
Interest expense	24.6			—			11.8			—		36.4
Other, net	73.9			(47.6		)	(26.7		)	—		(0.4		)
Nonoperating expenses (income), net	98.5			(47.6		)	(14.9		)	—		36.0
Income (loss) before income taxes	(99.7		)	0.2			14.7			—		(84.8		)
Income tax benefit	(2.1		)	—			(1.1		)	—		(3.2		)
Net income (loss)	(97.6		)	0.2			15.8			—		(81.6		)
Less: Net loss attributable to non-controlling interest	—			—			3.9			—		3.9
Net Income (Loss) Attributable to YRC Worldwide Inc.	(97.6		)	0.2			11.9			—		(85.5		)
Other comprehensive income, net of tax	0.7			2.7			2.3			—		5.7
Comprehensive Income (Loss) Attributable to YRC Worldwide Shareholders	$	(96.9	)	$	2.9		$	14.2		$	—	$	(79.8	)

Condensed Consolidatin

Schedule of Condensed Cash Flow Statement [Table Text Block]

Statements of Cash Flows

Three Months Ended March 31, 2013 (in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Operating Activities:
Net cash provided by (used in) operating activities	$	(41.2	)	$	52.9		$	(25.6	)	$	—	$	(13.9	)
Investing Activities:
Acquisition of property and equipment	—			(17.1		)	(0.1		)	—		(17.2		)
Proceeds from disposal of property and equipment	—			0.6			—			—		0.6
Restricted amounts held in escrow	4.5			—			—			—		4.5
Other, net	1.8			—			—			—		1.8
Net cash provided by (used in) investing activities	6.3			(16.5		)	(0.1		)	—		(10.3		)
Financing Activities:
Issuance of long-term debt	—			0.3			—			—		0.3
Repayments of long-term debt	(1.9		)	—			(0.5		)			(2.4		)
Intercompany advances (repayments)	23.5			(33.6		)	10.1			—		—
Net cash provided by (used in) financing activities	21.6			(33.3		)	9.6			—		(2.1		)
Net Increase (Decrease) in Cash and Cash Equivalents	(13.3		)	3.1			(16.1		)	—		(26.3		)
Cash and Cash Equivalents, Beginning of Period	151.9			15.5			41.3			—		208.7
Cash and Cash Equivalents, End of Period	$	138.6		$	18.6		$	25.2		$	—	$	182.4

Three Months Ended March 31, 2012 (in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Operating Activities:
Net cash provided by (used in) operating activities	$	(86.8	)	$	83.6		$	(13.9	)	$	—	$	(17.1	)
Investing Activities:
Acquisition of property and equipment	—			(15.2		)	0.1			—		(15.1		)
Proceeds from disposal of property and equipment	—			10.2			(0.2		)	—		10.0
Restricted amounts held in escrow	10.1			—			—			—		10.1
Net cash provided by (used in) investing activities	10.1			(5.0		)	(0.1		)	—		5.0
Financing Activities:
Issuance of long-term debt	—			—			45.0			—		45.0
Repayments of long-term debt	(5.4		)	—			(0.6		)	—		(6.0		)
Debt issuance cost	—			—			(1.1		)	—		(1.1		)
Intercompany advances (repayments)	109.9			(83.1		)	(26.8		)	—		—
Net cash provided by (used in) financing activities	104.5			(83.1		)	16.5			—		37.9
Net Increase in Cash and Cash Equivalents	27.8			(4.5		)	2.5			—		25.8
Cash and Cash Equivalents, Beginning of Period	142.0			21.1			37.4			—		200.5
Cash and Cash equivalents, End of Period	$	169.8		$	16.6		$	39.9		$	—	$	226.3