Investment in CyrusOne (Tables)

12 Months Ended

Dec. 31, 2013

Assets and Liabilities Deconsolidated [Table Text Block]

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

Condensed Income Statement, Equity Method Investee

Summarized financial information for CyrusOne is as follows:



(dollars in millions)	January 24, 2013 to December 31, 2013
Revenue	$	248.4
Operating income	28.9
Net loss	(15.6		)

Condensed Balance Sheet, Equity Method Investee



(dollars in millions)	As of December 31, 2013
Net investment in real estate	$	883.8
Total assets	1,506.8
Total liabilities	729.2

Related Party Revenues and Expenses [Member]

Revenues and operating costs and expenses from transactions with CyrusOne were as follows:



(dollars in millions)	January 24, 2013 to December 31, 2013
Revenue:
Services provided to CyrusOne	$	2.1

Operating costs and expenses:
Transaction-related compensation to CyrusOne employees	$	20.0
Charges for services provided by CyrusOne	8.8
Administrative services provided to CyrusOne	(0.6		)
Total operating costs and expenses	$	28.2

Related Party Receivables and Payables [Member]

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



(dollars in millions)	December 31, 2013
Accounts receivable	$	2.1
Dividends receivable	7.1
Receivable from CyrusOne	$	9.2

Accounts payable	$	0.5
Payable to CyrusOne	$	0.5