Supplemental Guarantor Information (Tables)

6 Months Ended

Jun. 30, 2015

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 six months ended June 30, 2015 and 2014, Condensed Consolidating Balance Sheets as of June 30, 2015 and December 31, 2014, and Condensed Consolidating Statements of Cash Flows for the six months ended June 30, 2015 and 2014 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 June 30, 2015
(dollars in millions)	Parent (Guarantor)			CBT (Issuer)			Other Non-guarantors			Eliminations			Total
Revenue	$	—		$	161.5		$	134.0		$	(9.7	)	$	285.8
Operating costs and expenses	6.4			133.7			125.7			(9.7		)	256.1
Operating income (loss)	(6.4		)	27.8			8.3			—			29.7
Interest expense (income), net	28.4			(0.3		)	(0.1		)	—			28.0
Other expense (income), net	13.1			1.6			(295.1		)	—			(280.4		)
Income (loss) before equity in earnings of subsidiaries and income taxes	(47.9		)	26.5			303.5			—			282.1
Income tax expense (benefit)	(15.6		)	9.4			107.6			—			101.4
Equity in earnings of subsidiaries, net of tax	223.9			—			—			(223.9		)	—
Income (loss) from continuing operations	191.6			17.1			195.9			(223.9		)	180.7
Income (loss) from discontinued operations, net of tax	—			—			10.9			—			10.9
Net income (loss)	191.6			17.1			206.8			(223.9		)	191.6
Other comprehensive income (loss)	5.8			—			0.2			—			6.0
Total comprehensive income (loss)	$	197.4		$	17.1		$	207.0		$	(223.9	)	$	197.6
Net income (loss)	191.6			17.1			206.8			(223.9		)	191.6
Preferred stock dividends	2.6			—			—			—			2.6
Net income (loss) applicable to common shareowners	$	189.0		$	17.1		$	206.8		$	(223.9	)	$	189.0
	Three Months Ended June 30, 2014
	Parent (Guarantor)			CBT (Issuer)			Other Non-guarantors			Eliminations			Total
Revenue	$	—		$	164.3		$	128.8		$	(10.1	)	$	283.0
Operating costs and expenses	5.2			116.6			124.0			(10.1		)	235.7
Operating income (loss)	(5.2		)	47.7			4.8			—			47.3
Interest expense (income), net	37.4			(1.0		)	3.1			—			39.5
Other expense (income), net	(0.5		)	2.0			(192.8		)	—			(191.3		)
Income (loss) before equity in earnings of subsidiaries and income taxes	(42.1		)	46.7			194.5			—			199.1
Income tax expense (benefit)	(11.5		)	16.9			70.0			—			75.4
Equity in earnings of subsidiaries, net of tax	144.8			—			—			(144.8		)	—
Income (loss) from continuing operations	114.2			29.8			124.5			(144.8		)	123.7
Income (loss) from discontinued operations, net of tax	—			—			(9.5		)	—			(9.5		)
Net income (loss)	114.2			29.8			115.0			(144.8		)	114.2
Other comprehensive income (loss)	0.6			—			—			—			0.6
Total comprehensive income (loss)	$	114.8		$	29.8		$	115.0		$	(144.8	)	$	114.8
Net income (loss)	114.2			29.8			115.0			(144.8		)	114.2
Preferred stock dividends	2.6			—			—			—			2.6
Net income (loss) applicable to common shareowners	$	111.6		$	29.8		$	115.0		$	(144.8	)	$	111.6

Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
	Six Months Ended June 30, 2015
(dollars in millions)	Parent (Guarantor)			CBT (Issuer)			Other Non-guarantors			Eliminations			Total
Revenue	$	—		$	329.1		$	269.0		$	(19.4	)	$	578.7
Operating costs and expenses	11.7			262.6			257.0			(19.4		)	511.9
Operating income (loss)	(11.7		)	66.5			12.0			—			66.8
Interest expense (income), net	62.3			(1.1		)	(0.5		)	—			60.7
Other expense (income), net	12.7			3.5			(293.1		)	—			(276.9		)
Income (loss) before equity in earnings of subsidiaries and income taxes	(86.7		)	64.1			305.6			—			283.0
Income tax expense (benefit)	(29.7		)	23.2			108.5			—			102.0
Equity in earnings of subsidiaries, net of tax	297.8			—			—			(297.8		)	—
Income (loss) from continuing operations	240.8			40.9			197.1			(297.8		)	181.0
Income (loss) from discontinued operations, net of tax	—			—			59.8			—			59.8
Net income (loss)	240.8			40.9			256.9			(297.8		)	240.8
Other comprehensive income (loss)	7.5			—			(0.1		)	—			7.4
Total comprehensive income (loss)	$	248.3		$	40.9		$	256.8		$	(297.8	)	$	248.2
Net income (loss)	240.8			40.9			256.9			(297.8		)	240.8
Preferred stock dividends	5.2			—			—			—			5.2
Net income (loss) applicable to common shareowners	$	235.6		$	40.9		$	256.9		$	(297.8	)	$	235.6
	Six Months Ended June 30, 2014
	Parent (Guarantor)			CBT (Issuer)			Other Non-guarantors			Eliminations			Total
Revenue	$	—		$	327.6		$	257.7		$	(20.1	)	$	565.2
Operating costs and expenses	11.7			230.3			245.6			(20.1		)	467.5
Operating income (loss)	(11.7		)	97.3			12.1			—			97.7
Interest expense (income), net	74.1			(1.8		)	6.0			—			78.3
Other expense (income), net	(0.8		)	3.9			(195.2		)	—			(192.1		)
Income (loss) before equity in earnings of subsidiaries and income taxes	(85.0		)	95.2			201.3			—			211.5
Income tax expense (benefit)	(24.7		)	34.8			71.8			—			81.9
Equity in earnings of subsidiaries, net of tax	181.5			—			—			(181.5		)	—
Income (loss) from continuing operations	121.2			60.4			129.5			(181.5		)	129.6
Income (loss) from discontinued operations, net of tax	—			—			(8.4		)	—			(8.4		)
Net income (loss)	121.2			60.4			121.1			(181.5		)	121.2
Other comprehensive income (loss)	2.4			—			—			—			2.4
Total comprehensive income (loss)	$	123.6		$	60.4		$	121.1		$	(181.5	)	$	123.6
Net income (loss)	121.2			60.4			121.1			(181.5		)	121.2
Preferred stock dividends	5.2			—			—			—			5.2
Net income (loss) applicable to common shareowners	$	116.0		$	60.4		$	121.1		$	(181.5	)	$	116.0

Condensed Consolidating Balance Sheets
	As of June 30, 2015
(dollars in millions)	Parent (Guarantor)			CBT (Issuer)		Other Non-guarantors		Eliminations			Total
Cash and cash equivalents	$	8.7		$	3.2	$	2.9	$	—		$	14.8
Receivables, net	0.7			—		154.5		—			155.2
Other current assets	25.7			31.2		45.3		(1.3		)	100.9
Other current assets from discontinued operations	—			—		1.6		—			1.6
Total current assets	35.1			34.4		204.3		(1.3		)	272.5
Property, plant and equipment, net	0.3			841.1		53.1		—			894.5
Investment in CyrusOne	—			—		124.9		—			124.9
Goodwill and intangibles, net	—			2.2		12.5		—			14.7
Investments in and advances to subsidiaries	984.4			200.4		425.2		(1,610.0		)	—
Other noncurrent assets	234.6			4.3		118.5		(154.4		)	203.0
Total assets	$	1,254.4		$	1,082.4	$	938.5	$	(1,765.7	)	$	1,509.6
Current portion of long-term debt	$	5.4		$	3.8	$	3.3	$	—		$	12.5
Accounts payable	1.0			87.6		36.7		—			125.3
Other current liabilities	44.6			52.7		17.8		—			115.1
Other current liabilities from discontinued operations	—			—		19.8		—			19.8
Total current liabilities	51.0			144.1		77.6		—			272.7
Long-term debt, less current portion	1,179.9			141.8		57.3		—			1,379.0
Other noncurrent liabilities	233.9			170.9		10.2		(155.7		)	259.3
Other noncurrent liabilities from discontinued operations	—			—		2.1		—			2.1
Intercompany payables	192.7			—		—		(192.7		)	—
Total liabilities	1,657.5			456.8		147.2		(348.4		)	1,913.1
Shareowners’ (deficit) equity	(403.1		)	625.6		791.3		(1,417.3		)	(403.5		)
Total liabilities and shareowners’ equity (deficit)	$	1,254.4		$	1,082.4	$	938.5	$	(1,765.7	)	$	1,509.6

	As of December 31, 2014
	Parent (Guarantor)			CBT (Issuer)		Other Non-guarantors		Eliminations			Total
Cash and cash equivalents	$	56.2		$	1.0	$	0.7	$	—		$	57.9
Receivables, net	2.6			1.0		164.9		—			168.5
Other current assets	4.7			29.3		73.7		(1.2		)	106.5
Other current assets from discontinued operations	—			—		4.7		—			4.7
Total current assets	63.5			31.3		244.0		(1.2		)	337.6
Property, plant and equipment, net	0.2			764.0		51.2		—			815.4
Investment in CyrusOne	—			—		273.6		—			273.6
Goodwill and intangibles, net	—			2.2		12.7		—			14.9
Investments in and advances to subsidiaries	1,066.1			220.8		260.5		(1,547.4		)	—
Other noncurrent assets	294.2			4.9		190.5		(155.0		)	334.6
Other noncurrent assets from discontinued operations	—			—		44.6		—			44.6
Total assets	$	1,424.0		$	1,023.2	$	1,077.1	$	(1,703.6	)	$	1,820.7
Current portion of long-term debt	$	5.4		$	3.9	$	2.3	$	—		$	11.6
Accounts payable	1.0			73.8		57.2		—			132.0
Other current liabilities	52.3			52.8		20.0		0.1			125.2
Other current liabilities from discontinued operations	—			—		142.0		—			142.0
Total current liabilities	58.7			130.5		221.5		0.1			410.8
Long-term debt, less current portion	1,526.1			141.2		22.1		—			1,689.4
Other noncurrent liabilities	254.1			166.7		1.9		(156.4		)	266.3
Other noncurrent liabilities from discontinued operations	—			—		102.7		—			102.7
Intercompany payables	233.4			—		—		(233.4		)	—
Total liabilities	2,072.3			438.4		348.2		(389.7		)	2,469.2
Shareowners’ (deficit) equity	(648.3		)	584.8		728.9		(1,313.9		)	(648.5		)
Total liabilities and shareowners’ equity (deficit)	$	1,424.0		$	1,023.2	$	1,077.1	$	(1,703.6	)	$	1,820.7

Condensed Consolidating Statements of Cash Flows

	Six Months Ended June 30, 2015
(dollars in millions)	Parent (Guarantor)			CBT (Issuer)			Other Non-guarantors			Eliminations			Total
Cash flows provided by (used in) operating activities	$	(22.9	)	$	103.9		$	(48.3	)	$	—		$	32.7
Capital expenditures	(0.1		)	(119.8		)	(12.6		)	—			(132.5		)
Proceeds from sale of CyrusOne	—			—			426.0			—			426.0
Dividends received from CyrusOne	—			—			15.0			—			15.0
Proceeds from sale of assets	—			0.1			—			—			0.1
Distributions received from subsidiaries	5.3			—			—			(5.3		)	—
Funding between Parent and subsidiaries, net	—			20.3			(361.5		)	341.2			—
Other investing activities	(0.2		)	—			—			—			(0.2		)
Cash flows provided by (used in) investing activities	5.0			(99.4		)	66.9			335.9			308.4
Funding between Parent and subsidiaries, net	333.6			—			7.6			(341.2		)	—
Distributions paid to Parent	—			—			(5.3		)	5.3			—
Net increase (decrease) in corporate credit and receivables facilities with initial maturities less than 90 days	—			—			(16.6		)	—			(16.6		)
Repayment of debt	(357.2		)	(2.3		)	(1.9		)	—			(361.4		)
Debt issuance costs	(0.2		)	—			(0.2		)	—			(0.4		)
Other financing activities	(5.8		)	—			—			—			(5.8		)
Cash flows provided by (used in) financing activities	(29.6		)	(2.3		)	(16.4		)	(335.9		)	(384.2		)
Increase (decrease) in cash and cash equivalents	(47.5		)	2.2			2.2			—			(43.1		)
Beginning cash and cash equivalents	56.2			1.0			0.7			—			57.9
Ending cash and cash equivalents	$	8.7		$	3.2		$	2.9		$	—		$	14.8
	Six Months Ended June 30, 2014
	Parent (Guarantor)			CBT (Issuer)			Other Non-guarantors			Eliminations			Total
Cash flows provided by (used in) operating activities	$	(12.6	)	$	119.8		$	(13.4	)	$	—		$	93.8
Capital expenditures	—			(57.4		)	(18.1		)	—			(75.5		)
Proceeds from sale of CyrusOne	—			—			355.9			—			355.9
Dividends received from CyrusOne	—			—			16.4			—			16.4
Proceeds from sale of assets	—			0.2			1.8			—			2.0
Other investing activities	(0.2		)	—			(5.5		)	—			(5.7		)
Cash flows provided by (used in) investing activities	(0.2		)	(57.2		)	350.5			—			293.1
Funding between Parent and subsidiaries, net	402.3			(60.6		)	(341.7		)	—			—
Net increase (decrease) in corporate credit and receivables facilities with initial maturities less than 90 days	(40.0		)	—			8.6			—			(31.4		)
Repayment of debt	(2.7		)	(2.0		)	(3.6		)	—			(8.3		)
Proceeds from exercise of options and warrants	1.2			—			—			—			1.2
Other financing activities	(5.8		)	—			—			—			(5.8		)
Cash flows provided by (used in) financing activities	355.0			(62.6		)	(336.7		)	—			(44.3		)
Increase (decrease) in cash and cash equivalents	342.2			—			0.4			—			342.6
Beginning cash and cash equivalents	2.1			1.8			0.7			—			4.6
Ending cash and cash equivalents	$	344.3		$	1.8		$	1.1		$	—		$	347.2

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 six months ended June 30, 2015 and 2014, Condensed Consolidating Balance Sheets as of June 30, 2015 and December 31, 2014, and Condensed Consolidating Statements of Cash Flows for the six months ended June 30, 2015 and 2014 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 June 30, 2015
(dollars in millions)	Parent (Issuer)			Guarantors			Non-guarantors			Eliminations			Total
Revenue	$	—		$	150.7		$	144.8		$	(9.7	)	$	285.8
Operating costs and expenses	6.4			141.8			117.6			(9.7		)	256.1
Operating income (loss)	(6.4		)	8.9			27.2			—			29.7
Interest expense (income), net	28.4			(0.3		)	(0.1		)	—			28.0
Other expense (income), net	13.1			(290.9		)	(2.6		)	—			(280.4		)
Income (loss) before equity in earnings of subsidiaries and income taxes	(47.9		)	300.1			29.9			—			282.1
Income tax expense (benefit)	(15.6		)	106.4			10.6			—			101.4
Equity in earnings of subsidiaries, net of tax	223.9			—			—			(223.9		)	—
Income (loss) from continuing operations	191.6			193.7			19.3			(223.9		)	180.7
Income (loss) from discontinued operations, net of tax	—			10.9			—			—			10.9
Net income (loss)	191.6			204.6			19.3			(223.9		)	191.6
Other comprehensive income (loss)	5.8			—			0.2			—			6.0
Total comprehensive income (loss)	$	197.4		$	204.6		$	19.5		$	(223.9	)	$	197.6
Net income (loss)	191.6			204.6			19.3			(223.9		)	191.6
Preferred stock dividends	2.6			—			—			—			2.6
Net income (loss) applicable to common shareowners	$	189.0		$	204.6		$	19.3		$	(223.9	)	$	189.0
	Three Months Ended June 30, 2014
	Parent (Issuer)			Guarantors			Non-guarantors			Eliminations			Total
Revenue	$	—		$	142.0		$	151.1		$	(10.1	)	$	283.0
Operating costs and expenses	5.2			136.1			104.5			(10.1		)	235.7
Operating income (loss)	(5.2		)	5.9			46.6			—			47.3
Interest expense (income), net	37.4			2.7			(0.6		)	—			39.5
Other expense (income), net	(0.5		)	(187.4		)	(3.4		)	—			(191.3		)
Income (loss) before equity in earnings of subsidiaries and income taxes	(42.1		)	190.6			50.6			—			199.1
Income tax expense (benefit)	(11.5		)	68.1			18.8			—			75.4
Equity in earnings of subsidiaries, net of tax	144.8			—			—			(144.8		)	—
Income (loss) from continuing operations	114.2			122.5			31.8			(144.8		)	123.7
Income (loss) from discontinued operations, net of tax	—			(9.5		)	—			—			(9.5		)
Net income (loss)	114.2			113.0			31.8			(144.8		)	114.2
Other comprehensive income (loss)	0.6			—			—			—			0.6
Total comprehensive income (loss)	$	114.8		$	113.0		$	31.8		$	(144.8	)	$	114.8
Net income (loss)	114.2			113.0			31.8			(144.8		)	114.2
Preferred stock dividends	2.6			—			—			—			2.6
Net income (loss) applicable to common shareowners	$	111.6		$	113.0		$	31.8		$	(144.8	)	$	111.6

Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
	Six Months Ended June 30, 2015
(dollars in millions)	Parent (Issuer)			Guarantors			Non-guarantors			Eliminations			Total
Revenue	$	—		$	303.6		$	294.5		$	(19.4	)	$	578.7
Operating costs and expenses	11.7			289.1			230.5			(19.4		)	511.9
Operating income (loss)	(11.7		)	14.5			64.0			—			66.8
Interest expense (income), net	62.3			(1.0		)	(0.6		)	—			60.7
Other expense (income), net	12.7			(284.8		)	(4.8		)	—			(276.9		)
Income (loss) before equity in earnings of subsidiaries and income taxes	(86.7		)	300.3			69.4			—			283.0
Income tax expense (benefit)	(29.7		)	106.4			25.3			—			102.0
Equity in earnings of subsidiaries, net of tax	297.8			—			—			(297.8		)	—
Income (loss) from continuing operations	240.8			193.9			44.1			(297.8		)	181.0
Income (loss) from discontinued operations, net of tax	—			59.8			—			—			59.8
Net income (loss)	240.8			253.7			44.1			(297.8		)	240.8
Other comprehensive income (loss)	7.5			—			(0.1		)	—			7.4
Total comprehensive income (loss)	$	248.3		$	253.7		$	44.0		$	(297.8	)	$	248.2
Net income (loss)	240.8			253.7			44.1			(297.8		)	240.8
Preferred stock dividends	5.2			—			—			—			5.2
Net income (loss) applicable to common shareowners	$	235.6		$	253.7		$	44.1		$	(297.8	)	$	235.6
	Six Months Ended June 30, 2014
	Parent (Issuer)			Guarantors			Non-guarantors			Eliminations			Total
Revenue	$	—		$	284.4		$	300.9		$	(20.1	)	$	565.2
Operating costs and expenses	11.7			269.6			206.3			(20.1		)	467.5
Operating income (loss)	(11.7		)	14.8			94.6			—			97.7
Interest expense (income), net	74.1			5.2			(1.0		)	—			78.3
Other expense (income), net	(0.8		)	(184.8		)	(6.5		)	—			(192.1		)
Income (loss) before equity in earnings of subsidiaries and income taxes	(85.0		)	194.4			102.1			—			211.5
Income tax expense (benefit)	(24.7		)	69.3			37.3			—			81.9
Equity in earnings of subsidiaries, net of tax	181.5			—			—			(181.5		)	—
Income (loss) from continuing operations	121.2			125.1			64.8			(181.5		)	129.6
Income (loss) from discontinued operations, net of tax	—			(8.4		)	—			—			(8.4		)
Net income (loss)	121.2			116.7			64.8			(181.5		)	121.2
Other comprehensive income (loss)	2.4			—			—			—			2.4
Total comprehensive income (loss)	$	123.6		$	116.7		$	64.8		$	(181.5	)	$	123.6
Net income (loss)	121.2			116.7			64.8			(181.5		)	121.2
Preferred stock dividends	5.2			—			—			—			5.2
Net income (loss) applicable to common shareowners	$	116.0		$	116.7		$	64.8		$	(181.5	)	$	116.0

Condensed Consolidating Balance Sheets
	As of June 30, 2015
(dollars in millions)	Parent (Issuer)			Guarantors		Non-guarantors		Eliminations			Total
Cash and cash equivalents	$	8.7		$	1.3	$	4.8	$	—		$	14.8
Receivables, net	0.7			4.5		150.0		—			155.2
Other current assets	25.7			41.9		34.6		(1.3		)	100.9
Other current assets from discontinued operations	—			1.6		—		—			1.6
Total current assets	35.1			49.3		189.4		(1.3		)	272.5
Property, plant and equipment, net	0.3			52.7		841.5		—			894.5
Investment in CyrusOne	—			124.9		—		—			124.9
Goodwill and intangibles, net	—			12.5		2.2		—			14.7
Investments in and advances to subsidiaries	984.4			599.6		157.3		(1,741.3		)	—
Other noncurrent assets	234.6			119.2		3.6		(154.4		)	203.0
Total assets	$	1,254.4		$	958.2	$	1,194.0	$	(1,897.0	)	$	1,509.6
Current portion of long-term debt	$	5.4		$	3.3	$	3.8	$	—		12.5
Accounts payable	1.0			70.4		53.9		—			125.3
Other current liabilities	44.6			22.8		47.7		—			115.1
Other current liabilities from discontinued operations	—			19.8		—		—			19.8
Total current liabilities	51.0			116.3		105.4		—			272.7
Long-term debt, less current portion	1,179.9			54.7		144.4		—			1,379.0
Other noncurrent liabilities	233.9			16.7		164.4		(155.7		)	259.3
Other noncurrent liabilities from discontinued operations	—			2.1		—		—			2.1
Intercompany payables	192.7			—		140.2		(332.9		)	—
Total liabilities	1,657.5			189.8		554.4		(488.6		)	1,913.1
Shareowners’ (deficit) equity	(403.1		)	768.4		639.6		(1,408.4		)	(403.5		)
Total liabilities and shareowners’ equity (deficit)	$	1,254.4		$	958.2	$	1,194.0	$	(1,897.0	)	$	1,509.6

	As of December 31, 2014
	Parent (Issuer)			Guarantors		Non-guarantors		Eliminations			Total
Cash and cash equivalents	$	56.2		$	0.2	$	1.5	$	—		$	57.9
Receivables, net	2.6			6.1		159.8		—			168.5
Other current assets	4.7			69.9		33.1		(1.2		)	106.5
Other current assets from discontinued operations	—			4.7		—		—			4.7
Total current assets	63.5			80.9		194.4		(1.2		)	337.6
Property, plant and equipment, net	0.2			50.8		764.4		—			815.4
Investment in CyrusOne	—			273.6		—		—			273.6
Goodwill and intangibles, net	—			12.7		2.2		—			14.9
Investments in and advances to subsidiaries	1,066.1			403.6		199.3		(1,669.0		)	—
Other noncurrent assets	294.2			191.6		3.8		(155.0		)	334.6
Other noncurrent assets from discontinued operations	—			44.6		—		—			44.6
Total assets	$	1,424.0		$	1,057.8	$	1,164.1	$	(1,825.2	)	$	1,820.7
Current portion of long-term debt	$	5.4		$	2.3	$	3.9	$	—		$	11.6
Accounts payable	1.0			76.2		54.8		—			132.0
Other current liabilities	52.3			23.5		49.3		0.1			125.2
Other current liabilities from discontinued operations	—			142.0		—		—			142.0
Total current liabilities	58.7			244.0		108.0		0.1			410.8
Long-term debt, less current portion	1,526.1			2.9		160.4		—			1,689.4
Other noncurrent liabilities	254.1			4.6		164.0		(156.4		)	266.3
Other noncurrent liabilities from discontinued operations	—			102.7		—		—			102.7
Intercompany payables	233.4			—		131.9		(365.3		)	—
Total liabilities	2,072.3			354.2		564.3		(521.6		)	2,469.2
Shareowners’ (deficit) equity	(648.3		)	703.6		599.8		(1,303.6		)	(648.5		)
Total liabilities and shareowners’ equity (deficit)	$	1,424.0		$	1,057.8	$	1,164.1	$	(1,825.2	)	$	1,820.7

Condensed Consolidating Statements of Cash Flows
	Six Months Ended June 30, 2015
(dollars in millions)	Parent (Issuer)			Guarantors			Non-guarantors			Eliminations			Total
Cash flows provided by (used in) operating activities	$	(22.9	)	$	(40.4	)	$	96.0		$	—		$	32.7
Capital expenditures	(0.1		)	(12.6		)	(119.8		)	—			(132.5		)
Proceeds from sale of CyrusOne	—			426.0			—			—			426.0
Dividends received from CyrusOne	—			15.0			—			—			15.0
Proceeds from sale of assets	—			—			0.1			—			0.1
Distributions received from subsidiaries	5.3			—			—			(5.3		)	—
Funding between Parent and subsidiaries, net	—			(385.0		)	42.8			342.2			—
Other investing activities	(0.2		)	—			—			—			(0.2		)
Cash flows provided by (used in) investing activities	5.0			43.4			(76.9		)	336.9			308.4
Funding between Parent and subsidiaries, net	333.6			—			8.6			(342.2		)	—
Distributions paid to Parent	—			—			(5.3		)	5.3			—
Net increase (decrease) in corporate credit and receivables facilities with initial maturities less than 90 days	—			—			(16.6		)	—			(16.6		)
Repayment of debt	(357.2		)	(1.9		)	(2.3		)	—			(361.4		)
Debt issuance costs	(0.2		)	—			(0.2		)	—			(0.4		)
Other financing activities	(5.8		)	—			—			—			(5.8		)
Cash flows provided by (used in) financing activities	(29.6		)	(1.9		)	(15.8		)	(336.9		)	(384.2		)
Increase (decrease) in cash and cash equivalents	(47.5		)	1.1			3.3			—			(43.1		)
Beginning cash and cash equivalents	56.2			0.2			1.5			—			57.9
Ending cash and cash equivalents	$	8.7		$	1.3		$	4.8		$	—		$	14.8
	Six Months Ended June 30, 2014
	Parent (Issuer)			Guarantors			Non-guarantors			Eliminations			Total
Cash flows provided by (used in) operating activities	$	(12.6	)	$	(18.8	)	$	125.2		$	—		$	93.8
Capital expenditures	—			(18.1		)	(57.4		)	—			(75.5		)
Proceeds from sale of CyrusOne	—			355.9			—			—			355.9
Dividends received from CyrusOne	—			16.4			—			—			16.4
Proceeds from sale of assets	—			—			2.0			—			2.0
Other investing activities	(0.2		)	(5.5		)	—			—			(5.7		)
Cash flows provided by (used in) investing activities	(0.2		)	348.7			(55.4		)	—			293.1
Funding between Parent and subsidiaries, net	402.3			(328.2		)	(74.1		)	—			—
Net increase (decrease) in corporate credit and receivables facilities with initial maturities less than 90 days	(40.0		)	—			8.6			—			(31.4		)
Repayment of debt	(2.7		)	(1.4		)	(4.2		)	—			(8.3		)
Proceeds from exercise of options and warrants	1.2			—			—			—			1.2
Other financing activities	(5.8		)	—			—			—			(5.8		)
Cash flows provided by (used in) financing activities	355.0			(329.6		)	(69.7		)	—			(44.3		)
Increase (decrease) in cash and cash equivalents	342.2			0.3			0.1			—			342.6
Beginning cash and cash equivalents	2.1			0.3			2.2			—			4.6
Ending cash and cash equivalents	$	344.3		$	0.6		$	2.3		$	—		$	347.2