Supplemental Guarantor Information (Tables)

9 Months Ended

Sep. 30, 2014

Supplemental Guarantor Information Abstract

Supplemental Guarantor Information [Table Text Block]

The following information sets forth the Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) for the three and nine months ended September 30, 2014 and 2013, Condensed Consolidating Balance Sheets as of September 30, 2014 and December 31, 2013, and Condensed Consolidating Statements of Cash Flows for the nine months ended September 30, 2014 and 2013 of (1) the Parent Company, as the guarantor, (2) CBT, as the issuer, and (3) the non-guarantor subsidiaries on a combined basis.

Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
	Three Months Ended September 30, 2014
(dollars in millions)	Parent (Guarantor)			CBT (Issuer)			Non-guarantors			Eliminations			Total
Revenue	$	—		$	163.8		$	176.9		$	(13.2	)	$	327.5
Operating costs and expenses	2.9			121.2			200.6			(13.2		)	311.5
Operating (loss) income	(2.9		)	42.6			(23.7		)	—			16.0
Interest expense (income), net	34.8			(1.3		)	2.3			—			35.8
Other expense (income), net	18.9			1.6			(1.3		)	—			19.2
(Loss) income before equity in earnings of subsidiaries and income taxes	(56.6		)	42.3			(24.7		)	—			(39.0		)
Income tax (benefit) expense	(18.1		)	15.4			(9.0		)	—			(11.7		)
Equity in earnings of subsidiaries, net of tax	11.2			—			—			(11.2		)	—
Net (loss) income	(27.3		)	26.9			(15.7		)	(11.2		)	(27.3		)
Other comprehensive income	1.2			—			—			—			1.2
Total comprehensive (loss) income	$	(26.1	)	$	26.9		$	(15.7	)	$	(11.2	)	$	(26.1	)
Net (loss) income	(27.3		)	26.9			(15.7		)	(11.2		)	(27.3		)
Preferred stock dividends	2.6			—			—			—			2.6
Net (loss) income applicable to common shareowners	$	(29.9	)	$	26.9		$	(15.7	)	$	(11.2	)	$	(29.9	)
	Three Months Ended September 30, 2013
	Parent (Guarantor)			CBT (Issuer)			Non-guarantors			Eliminations			Total
Revenue	$	—		$	161.4		$	163.5		$	(14.1	)	$	310.8
Operating costs and expenses	1.5			115.3			150.4			(14.1		)	253.1
Operating (loss) income	(1.5		)	46.1			13.1			—			57.7
Interest expense (income), net	42.9			(0.3		)	4.1			—			46.7
Other (income) expense, net	(0.4		)	1.8			(1.1		)	—			0.3
(Loss) income before equity in earnings of subsidiaries and income taxes	(44.0		)	44.6			10.1			—			10.7
Income tax (benefit) expense	(18.5		)	16.4			3.5			—			1.4
Equity in earnings of subsidiaries, net of tax	34.8			—			—			(34.8		)	—
Net income	9.3			28.2			6.6			(34.8		)	9.3
Other comprehensive income	24.8			—			—			—			24.8
Total comprehensive income	$	34.1		$	28.2		$	6.6		$	(34.8	)	$	34.1
Net income	9.3			28.2			6.6			(34.8		)	9.3
Preferred stock dividends	2.6			—			—			—			2.6
Net income applicable to common shareowners	$	6.7		$	28.2		$	6.6		$	(34.8	)	$	6.7

Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
	Nine Months Ended September 30, 2014
(dollars in millions)	Parent (Guarantor)			CBT (Issuer)			Non-guarantors			Eliminations			Total
Revenue	$	—		$	491.4		$	520.5		$	(42.0	)	$	969.9
Operating costs and expenses	13.8			349.8			539.8			(42.0		)	861.4
Operating (loss) income	(13.8		)	141.6			(19.3		)	—			108.5
Interest expense (income), net	109.8			(3.1		)	10.1			—			116.8
Other expense (income), net	18.2			5.5			(194.7		)	—			(171.0		)
(Loss) income before equity in earnings of subsidiaries and income taxes	(141.8		)	139.2			165.3			—			162.7
Income tax (benefit) expense	(40.6		)	50.8			58.6			—			68.8
Equity in earnings of subsidiaries, net of tax	195.1			—			—			(195.1		)	—
Net income	93.9			88.4			106.7			(195.1		)	93.9
Other comprehensive income	3.6			—			—			—			3.6
Total comprehensive income	$	97.5		$	88.4		$	106.7		$	(195.1	)	$	97.5
Net income	93.9			88.4			106.7			(195.1		)	93.9
Preferred stock dividends	7.8			—			—			—			7.8
Net income applicable to common shareowners	$	86.1		$	88.4		$	106.7		$	(195.1	)	$	86.1
	Nine Months Ended September 30, 2013
	Parent (Guarantor)			CBT (Issuer)			Non-guarantors			Eliminations			Total
Revenue	$	—		$	482.3		$	508.4		$	(42.2	)	$	948.5
Operating costs and expenses	51.2			340.0			475.8			(42.2		)	824.8
Operating (loss) income	(51.2		)	142.3			32.6			—			123.7
Interest expense (income), net	125.0			(1.4		)	16.4			—			140.0
Other (income) expense, net	(1.1		)	4.4			3.4			—			6.7
(Loss) income before equity in earnings of subsidiaries and income taxes	(175.1		)	139.3			12.8			—			(23.0		)
Income tax (benefit) expense	(59.8		)	51.2			12.2			—			3.6
Equity in earnings of subsidiaries, net of tax	88.7			—			—			(88.7		)	—
Net (loss) income	(26.6		)	88.1			0.6			(88.7		)	(26.6		)
Other comprehensive income (loss)	36.5			—			(0.1		)	—			36.4
Total comprehensive income	$	9.9		$	88.1		$	0.5		$	(88.7	)	$	9.8
Net (loss) income	(26.6		)	88.1			0.6			(88.7		)	(26.6		)
Preferred stock dividends	7.8			—			—			—			7.8
Net (loss) income applicable to common shareowners	$	(34.4	)	$	88.1		$	0.6		$	(88.7	)	$	(34.4	)

Condensed Consolidating Balance Sheets
	As of September 30, 2014
(dollars in millions)	Parent (Guarantor)			CBT (Issuer)		Non-guarantors		Eliminations			Total
Cash and cash equivalents	$	179.1		$	1.5	$	0.9	$	—		$	181.5
Receivables, net	2.0			—		180.1		—			182.1
Other current assets	3.4			24.8		83.1		(0.7		)	110.6
Total current assets	184.5			26.3		264.1		(0.7		)	474.2
Property, plant and equipment, net	0.1			752.1		123.0		—			875.2
Investment in CyrusOne	—			—		284.7		—			284.7
Goodwill and intangibles, net	—			2.2		13.8		—			16.0
Investments in and advances to subsidiaries	1,081.7			314.1		311.2		(1,707.0		)	—
Other noncurrent assets	271.3			5.2		182.1		(156.1		)	302.5
Total assets	$	1,537.6		$	1,099.9	$	1,178.9	$	(1,863.8	)	$	1,952.6
Current portion of long-term debt	$	5.4		$	3.3	$	3.2	$	—		$	11.9
Accounts payable	1.1			78.3		54.6		—			134.0
Other current liabilities	66.8			47.0		164.3		0.1			278.2
Total current liabilities	73.3			128.6		222.1		0.1			424.1
Long-term debt, less current portion	1,550.0			139.8		197.2		—			1,887.0
Other noncurrent liabilities	186.4			167.8		28.6		(156.9		)	225.9
Intercompany payables	312.3			—		—		(312.3		)	—
Total liabilities	2,122.0			436.2		447.9		(469.1		)	2,537.0
Shareowners’ (deficit) equity	(584.4		)	663.7		731.0		(1,394.7		)	(584.4		)
Total liabilities and shareowners’ equity (deficit)	$	1,537.6		$	1,099.9	$	1,178.9	$	(1,863.8	)	$	1,952.6
	As of December 31, 2013
	Parent (Guarantor)			CBT (Issuer)		Non-guarantors		Eliminations			Total
Cash and cash equivalents	$	2.1		$	1.8	$	0.7	$	—		$	4.6
Receivables, net	2.6			—		152.2		—			154.8
Other current assets	4.4			24.1		63.9		(0.7		)	91.7
Total current assets	9.1			25.9		216.8		(0.7		)	251.1
Property, plant and equipment, net	0.1			706.5		196.2		—			902.8
Investment in CyrusOne	—			—		471.0		—			471.0
Goodwill and intangibles, net	—			2.3		103.8		—			106.1
Investments in and advances to subsidiaries	1,406.6			247.7		—		(1,654.3		)	—
Other noncurrent assets	359.1			6.1		178.9		(167.8		)	376.3
Total assets	$	1,774.9		$	988.5	$	1,166.7	$	(1,822.8	)	$	2,107.3
Current portion of long-term debt	$	5.4		$	3.9	$	3.3	$	—		$	12.6
Accounts payable	1.5			45.9		42.5		—			89.9
Other current liabilities	67.7			49.4		34.6		0.1			151.8
Total current liabilities	74.6			99.2		80.4		0.1			254.3
Long-term debt, less current portion	1,916.1			141.8		194.7		—			2,252.6
Other noncurrent liabilities	214.5			172.2		59.0		(168.6		)	277.1
Intercompany payables	246.4			—		199.7		(446.1		)	—
Total liabilities	2,451.6			413.2		533.8		(614.6		)	2,784.0
Shareowners’ (deficit) equity	(676.7		)	575.3		632.9		(1,208.2		)	(676.7		)
Total liabilities and shareowners’ equity (deficit)	$	1,774.9		$	988.5	$	1,166.7	$	(1,822.8	)	$	2,107.3

Condensed Consolidating Statements of Cash Flows

	Nine Months Ended September 30, 2014
(dollars in millions)	Parent (Guarantor)			CBT (Issuer)			Non-guarantors			Eliminations		Total
Cash flows (used in) provided by operating activities	$	(17.9	)	$	165.2		$	(26.5	)	$	—	$	120.8
Capital expenditures	—			(96.5		)	(24.6		)	—		(121.1		)
Proceeds received from sale of CyrusOne	—			—			355.9			—		355.9
Dividends received from CyrusOne	—			—			22.4			—		22.4
Proceeds from sale of assets	—			0.2			196.2			—		196.4
Other investing activities	(0.2		)	—			(5.5		)	—		(5.7		)
Cash flows (used in) provided by investing activities	(0.2		)	(96.3		)	544.4			—		447.9
Funding between Parent and subsidiaries, net	586.1			(66.5		)	(519.6		)	—		—
Net (decrease) increase in corporate credit and receivables facilities with initial maturities less than 90 days	(40.0		)	—			6.2			—		(33.8		)
Repayment of debt	(343.3		)	(3.0		)	(4.3		)	—		(350.6		)
Proceeds from exercise of options and warrants	1.2			—			—			—		1.2
Other financing activities	(8.9		)	0.3			—			—		(8.6		)
Cash flows provided by (used in) financing activities	195.1			(69.2		)	(517.7		)	—		(391.8		)
Increase (decrease) in cash and cash equivalents	177.0			(0.3		)	0.2			—		176.9
Beginning cash and cash equivalents	2.1			1.8			0.7			—		4.6
Ending cash and cash equivalents	$	179.1		$	1.5		$	0.9		$	—	$	181.5
	Nine Months Ended September 30, 2013
	Parent (Guarantor)			CBT (Issuer)			Non-guarantors			Eliminations		Total
Cash flows (used in) provided by operating activities	$	(165.0	)	$	170.1		$	54.7		$	—	$	59.8
Capital expenditures	—			(108.7		)	(33.3		)	—		(142.0		)
Dividends received from CyrusOne	—			—			14.2			—		14.2
Proceeds from sale of assets	—			1.8			—			—		1.8
Cash divested from deconsolidation of CyrusOne	—			—			(12.2		)	—		(12.2		)
Other investing activities	—			—			0.4			—		0.4
Cash flows used in investing activities	—			(106.9		)	(30.9		)	—		(137.8		)
Issuance of long-term debt	536.0			—			—			—		536.0
Funding between Parent and subsidiaries, net	45.5			(60.5		)	15.0			—		—
Debt issuance costs	(6.4		)	—			—			—		(6.4		)
Net decrease in corporate credit and receivables facilities with initial maturities less than 90 days	—			—			(52.0		)	—		(52.0		)
Repayment of debt	—			(2.6		)	(4.1		)	—		(6.7		)
Proceeds from exercise of options and warrants	6.8			—			—			—		6.8
Other financing activities	(9.6		)	—			—			—		(9.6		)
Cash flows provided by (used in) financing activities	572.3			(63.1		)	(41.1		)	—		468.1
Increase (decrease) in cash and cash equivalents	407.3			0.1			(17.3		)	—		390.1
Beginning cash and cash equivalents	3.8			1.9			17.9			—		23.6
Ending cash and cash equivalents	$	411.1		$	2.0		$	0.6		$	—	$	413.7

Supplemental Guarantor Information, High Yield Notes [Table Text Block]

The following information sets forth the Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) for the three and nine months ended September 30, 2014 and 2013, Condensed Consolidating Balance Sheets as of September 30, 2014 and December 31, 2013, and Condensed Consolidating Statements of Cash Flows for the nine months ended September 30, 2014 and 2013 of (1) the Parent Company, as the issuer, (2) the guarantor subsidiaries on a combined basis, and (3) the non-guarantor subsidiaries on a combined basis.

Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
	Three Months Ended September 30, 2014
(dollars in millions)	Parent (Issuer)			Guarantors			Non-guarantors			Eliminations			Total
Revenue	$	—		$	190.2		$	150.5		$	(13.2	)	$	327.5
Operating costs and expenses	2.9			212.4			109.4			(13.2		)	311.5
Operating (loss) income	(2.9		)	(22.2		)	41.1			—			16.0
Interest expense (income), net	34.8			1.9			(0.9		)	—			35.8
Other expense (income), net	18.9			3.4			(3.1		)	—			19.2
(Loss) income before equity in earnings of subsidiaries and income taxes	(56.6		)	(27.5		)	45.1			—			(39.0		)
Income tax (benefit) expense	(18.1		)	(10.0		)	16.4			—			(11.7		)
Equity in earnings of subsidiaries, net of tax	11.2			—			—			(11.2		)	—
Net (loss) income	(27.3		)	(17.5		)	28.7			(11.2		)	(27.3		)
Other comprehensive income	1.2			—			—			—			1.2
Total comprehensive (loss) income	$	(26.1	)	$	(17.5	)	$	28.7		$	(11.2	)	$	(26.1	)
Net (loss) income	(27.3		)	(17.5		)	28.7			(11.2		)	(27.3		)
Preferred stock dividends	2.6			—			—			—			2.6
Net (loss) income applicable to common shareowners	$	(29.9	)	$	(17.5	)	$	28.7		$	(11.2	)	$	(29.9	)
	Three Months Ended September 30, 2013
	Parent (Issuer)			Guarantors			Non-guarantors			Eliminations			Total
Revenue	$	—		$	177.4		$	147.5		$	(14.1	)	$	310.8
Operating costs and expenses	1.5			162.5			103.2			(14.1		)	253.1
Operating (loss) income	(1.5		)	14.9			44.3			—			57.7
Interest expense, net	42.9			3.5			0.3			—			46.7
Other (income) expense, net	(0.4		)	3.2			(2.5		)	—			0.3
(Loss) income before equity in earnings of subsidiaries and income taxes	(44.0		)	8.2			46.5			—			10.7
Income tax (benefit) expense	(18.5		)	3.1			16.8			—			1.4
Equity in earnings of subsidiaries, net of tax	34.8			—			—			(34.8		)	—
Net income	9.3			5.1			29.7			(34.8		)	9.3
Other comprehensive income	24.8			—			—			—			24.8
Total comprehensive income	$	34.1		$	5.1		$	29.7		$	(34.8	)	$	34.1
Net income	9.3			5.1			29.7			(34.8		)	9.3
Preferred stock dividends	2.6			—			—			—			2.6
Net income applicable to common shareowners	$	6.7		$	5.1		$	29.7		$	(34.8	)	$	6.7

Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
	Nine Months Ended September 30, 2014
(dollars in millions)	Parent (Issuer)			Guarantors			Non-guarantors			Eliminations			Total
Revenue	$	—		$	560.5		$	451.4		$	(42.0	)	$	969.9
Operating costs and expenses	13.8			575.6			314.0			(42.0		)	861.4
Operating (loss) income	(13.8		)	(15.1		)	137.4			—			108.5
Interest expense (income), net	109.8			8.9			(1.9		)	—			116.8
Other expense (income), net	18.2			(179.6		)	(9.6		)	—			(171.0		)
(Loss) income before equity in earnings of subsidiaries and income taxes	(141.8		)	155.6			148.9			—			162.7
Income tax (benefit) expense	(40.6		)	55.1			54.3			—			68.8
Equity in earnings of subsidiaries, net of tax	195.1			—			—			(195.1		)	—
Net income	93.9			100.5			94.6			(195.1		)	93.9
Other comprehensive income	3.6			—			—			—			3.6
Total comprehensive income	$	97.5		$	100.5		$	94.6		$	(195.1	)	$	97.5
Net income	93.9			100.5			94.6			(195.1		)	93.9
Preferred stock dividends	7.8			—			—			—			7.8
Net income applicable to common shareowners	$	86.1		$	100.5		$	94.6		$	(195.1	)	$	86.1
	Nine Months Ended September 30, 2013
	Parent (Issuer)			Guarantors			Non-guarantors			Eliminations			Total
Revenue	$	—		$	530.7		$	460.0		$	(42.2	)	$	948.5
Operating costs and expenses	51.2			496.1			319.7			(42.2		)	824.8
Operating (loss) income	(51.2		)	34.6			140.3			—			123.7
Interest expense, net	125.0			11.2			3.8			—			140.0
Other (income) expense, net	(1.1		)	12.1			(4.3		)	—			6.7
(Loss) income before equity in earnings of subsidiaries and income taxes	(175.1		)	11.3			140.8			—			(23.0		)
Income tax (benefit) expense	(59.8		)	11.9			51.5			—			3.6
Equity in earnings of subsidiaries, net of tax	88.7			0.7			—			(89.4		)	—
Net (loss) income	(26.6		)	0.1			89.3			(89.4		)	(26.6		)
Other comprehensive income (loss)	36.5			—			(0.1		)	—			36.4
Total comprehensive income	$	9.9		$	0.1		$	89.2		$	(89.4	)	$	9.8
Net (loss) income	(26.6		)	0.1			89.3			(89.4		)	(26.6		)
Preferred stock dividends	7.8			—			—			—			7.8
Net (loss) income applicable to common shareowners	$	(34.4	)	$	0.1		$	89.3		$	(89.4	)	$	(34.4	)

Condensed Consolidating Balance Sheets
	As of September 30, 2014
(dollars in millions)	Parent (Issuer)			Guarantors			Non-guarantors		Eliminations			Total
Cash and cash equivalents	$	179.1		$	0.4		$	2.0	$	—		$	181.5
Receivables, net	2.0			6.0			174.1		—			182.1
Other current assets	3.4			79.3			28.6		(0.7		)	110.6
Total current assets	184.5			85.7			204.7		(0.7		)	474.2
Property, plant and equipment, net	0.1			122.6			752.5		—			875.2
Investment in CyrusOne	—			284.7			—		—			284.7
Goodwill and intangibles, net	—			13.8			2.2		—			16.0
Investments in and advances to subsidiaries	1,081.7			370.3			293.9		(1,745.9		)	—
Other noncurrent assets	271.3			183.1			4.2		(156.1		)	302.5
Total assets	$	1,537.6		$	1,060.2		$	1,257.5	$	(1,902.7	)	$	1,952.6
Current portion of long-term debt	$	5.4		$	3.2		$	3.3	$	—		$	11.9
Accounts payable	1.1			69.4			63.5		—			134.0
Other current liabilities	66.8			166.4			44.9		0.1			278.2
Total current liabilities	73.3			239.0			111.7		0.1			424.1
Long-term debt, less current portion	1,550.0			84.8			252.2		—			1,887.0
Other noncurrent liabilities	186.4			31.0			165.4		(156.9		)	225.9
Intercompany payables	312.3			—			50.0		(362.3		)	—
Total liabilities	2,122.0			354.8			579.3		(519.1		)	2,537.0
Shareowners’ (deficit) equity	(584.4		)	705.4			678.2		(1,383.6		)	(584.4		)
Total liabilities and shareowners’ equity (deficit)	$	1,537.6		$	1,060.2		$	1,257.5	$	(1,902.7	)	$	1,952.6
	As of December 31, 2013
	Parent (Issuer)			Guarantors			Non-guarantors		Eliminations			Total
Cash and cash equivalents	$	2.1		$	0.3		$	2.2	$	—		$	4.6
Receivables, net	2.6			7.2			145.0		—			154.8
Other current assets	4.4			60.7			27.3		(0.7		)	91.7
Total current assets	9.1			68.2			174.5		(0.7		)	251.1
Property, plant and equipment, net	0.1			194.1			708.6		—			902.8
Investment in CyrusOne	—			471.0			—		—			471.0
Goodwill and intangibles, net	—			103.8			2.3		—			106.1
Investments in and advances to subsidiaries	1,406.6			(1.6		)	218.2		(1,623.2		)	—
Other noncurrent assets	359.1			179.9			5.1		(167.8		)	376.3
Total assets	$	1,774.9		$	1,015.4		$	1,108.7	$	(1,791.7	)	$	2,107.3
Current portion of long-term debt	$	5.4		$	3.0		$	4.2	$	—		$	12.6
Accounts payable	1.5			72.3			16.1		—			89.9
Other current liabilities	67.7			36.9			47.1		0.1			151.8
Total current liabilities	74.6			112.2			67.4		0.1			254.3
Long-term debt, less current portion	1,916.1			87.0			249.5		—			2,252.6
Other noncurrent liabilities	214.5			61.3			169.9		(168.6		)	277.1
Intercompany payables	246.4			149.9			33.2		(429.5		)	—
Total liabilities	2,451.6			410.4			520.0		(598.0		)	2,784.0
Shareowners’ (deficit) equity	(676.7		)	605.0			588.7		(1,193.7		)	(676.7		)
Total liabilities and shareowners’ equity (deficit)	$	1,774.9		$	1,015.4		$	1,108.7	$	(1,791.7	)	$	2,107.3

Condensed Consolidating Statements of Cash Flows
	Nine Months Ended September 30, 2014
(dollars in millions)	Parent (Issuer)			Guarantors			Non-guarantors			Eliminations		Total
Cash flows (used in) provided by operating activities	$	(17.9	)	$	(18.6	)	$	157.3		$	—	$	120.8
Capital expenditures	—			(24.6		)	(96.5		)	—		(121.1		)
Proceeds from sale of CyrusOne	—			355.9			—			—		355.9
Dividends received from CyrusOne	—			22.4			—			—		22.4
Proceeds from sale of assets	—			194.4			2.0			—		196.4
Other investing activities	(0.2		)	(5.5		)	—			—		(5.7		)
Cash flows (used in) provided by investing activities	(0.2		)	542.6			(94.5		)	—		447.9
Funding between Parent and subsidiaries, net	586.1			(521.8		)	(64.3		)	—		—
Net (decrease) increase in corporate credit and receivables facilities with initial maturities less than 90 days	(40.0		)	—			6.2			—		(33.8		)
Repayment of debt	(343.3		)	(2.1		)	(5.2		)	—		(350.6		)
Proceeds from exercise of options and warrants	1.2			—			—			—		1.2
Other financing activities	(8.9		)	—			0.3			—		(8.6		)
Cash flows provided by (used in) financing activities	195.1			(523.9		)	(63.0		)	—		(391.8		)
Increase (decrease) in cash and cash equivalents	177.0			0.1			(0.2		)	—		176.9
Beginning cash and cash equivalents	2.1			0.3			2.2			—		4.6
Ending cash and cash equivalents	$	179.1		$	0.4		$	2.0		$	—	$	181.5
	Nine Months Ended September 30, 2013
	Parent (Issuer)			Guarantors			Non-guarantors			Eliminations		Total
Cash flows (used in) provided by operating activities	(165.0		)	27.4			197.4			—		59.8
Capital expenditures	—			(25.6		)	(116.4		)	—		(142.0		)
Dividends received from CyrusOne	—			14.2			—			—		14.2
Proceeds from sale of assets	—			—			1.8			—		1.8
Cash divested from deconsolidation of CyrusOne	—			—			(12.2		)	—		(12.2		)
Other investing activities	—			—			0.4			—		0.4
Cash flows used in investing activities	—			(11.4		)	(126.4		)	—		(137.8		)
Issuance of long-term debt	536.0			—			—			—		536.0
Funding between Parent and subsidiaries, net	45.5			(12.6		)	(32.9		)	—		—
Debt issuance costs	(6.4		)	—			—			—		(6.4		)
Net decrease in corporate credit and receivables facilities with initial maturities less than 90 days	—			—			(52.0		)	—		(52.0		)
Repayment of debt	—			(3.2		)	(3.5		)	—		(6.7		)
Proceeds from exercise of options and warrants	6.8			—			—			—		6.8
Other financing activities	(9.6		)	—			—			—		(9.6		)
Cash flows provided by (used in) financing activities	572.3			(15.8		)	(88.4		)	—		468.1
Increase (decrease) in cash and cash equivalents	407.3			0.2			(17.4		)	—		390.1
Beginning cash and cash equivalents	3.8			0.3			19.5			—		23.6
Ending cash and cash equivalents	$	411.1		$	0.5		$	2.1		$	—	413.7