Investment in CyrusOne (Tables)

3 Months Ended

Mar. 31, 2013

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Condensed Balance Sheet, Equity Method Investee

On January 24, 2013, we completed the initial public offering of CyrusOne, our former Data Center Colocation segment. As of this date, we no longer control CyrusOne's operations and we removed the following assets and liabilities of CyrusOne from our consolidated financial statements:



(dollars in millions)
Cash	$	12.2
Receivables	41.5
Other current assets	13.4
Property, plant and equipment	736.2
Goodwill and intangibles	377.7
Other noncurrent assets	44.0
Total assets	1,225.0

Current portion of long-term debt	6.3
Accounts payable	29.4
Unearned revenue and customer deposits	24.1
Other current liabilities	12.9
Long-term debt	550.3
Other noncurrent liabilities	92.3
Total liabilities	715.3

Net assets	$	509.7

Schedule of Condensed Income Statement, Equity Method Investee

Summarized financial information for CyrusOne for the period January 24, 2013 through March 31, 2013 is as follows:



(dollars in millions)
Revenue	$	45.0
Operating income	5.8
Loss from continuing operations before noncontrolling interests	(2.6		)
Net loss	(0.9		)

For the three months ended March 31, 2013, revenues and operating costs and expenses from transactions with CyrusOne were as follows:



	Three months
	ended
(dollars in millions)	March 31, 2013

Revenue:
Services provided to CyrusOne	$	0.5

Operating costs and expenses:
Transaction-related compensation to CyrusOne employees	$	20.0
Charges for services provided by CyrusOne	1.5
Expense recoveries for services provided to CyrusOne	(0.1		)
Total operating costs and expenses	$	21.4

At March 31, 2013, amounts receivable from and payable to CyrusOne were as follows:



	March 31,
(dollars in millions)	2013

Accounts receivable	$	1.0
Dividends receivable	7.1
Receivable from CyrusOne	$	8.1

Accounts payable	$	2.9
Transaction-related compensation payable	19.6
Payable to CyrusOne	$	22.5