Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2015

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Assets and Liabilities to be Reclassified - Discontinued Operations [Table Text Block]

As a result, we removed the following assets and liabilities in the second quarter of 2015.

(dollars in millions)	As of April 1, 2015
Property, plant and equipment, net	$	16.0
Current portion of long-term debt	0.5
Long-term debt, less current portion	24.8
Other non-current liabilities	6.6
Total liabilities	$	31.9

Disposal Groups, Including Discontinued Operations [Table Text Block]

Summarized financial information for the CyrusOne Consolidated Statements of Operations for the years ended December 31, 2015, 2014, and 2013 and Consolidated Balance Sheets as of December 31, 2015 and 2014 is as follows:

(dollars in millions)	Year Ended December 31, 2015			Year Ended December 31, 2014			January 24, 2013 to December 31, 2013
Revenue	$	399.3		$	330.9		$	248.4
Operating income	22.8			40.0			28.9
Net loss	(20.2		)	(14.5		)	(15.6		)

Condensed Balance Sheet [Table Text Block]

(dollars in millions)	December 31, 2015		December 31, 2014
Net investment in real estate	$	1,392.0	$	1,051.4
Total assets	2,195.6		1,571.0
Total liabilities	1,374.0		854.0

Capital Leases and Debt Retained - Discontinued Operations [Table Text Block]

Amounts transferred at April 1, 2015 include the following:

	Continuing Operations		Discontinued Operations
	As of April 1, 2015		As of December 31, 2014
(dollars in millions)
Current portion of long-term debt	$	1.1	$	1.1
Long-term debt, less current portion	53.4		57.0
Other noncurrent liabilities	10.9		7.5
Total liabilities	$	65.4	$	65.6

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

At December 31, 2015, future minimum lease payments required under operating leases having initial or remaining non-cancellable lease terms for the next five years are as follows:

(dollars in millions)
2016	$	3.9
2017	3.7
2018	2.6
2019	2.5
2020	2.3
Thereafter	22.0
Total	$	37.0

Discontinued Operations [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Groups, Including Discontinued Operations [Table Text Block]

Wireless financial results for the twelve months ended December 31, 2015, 2014 and 2013 reported as Income (loss) from discontinued operations, net of tax on the Consolidated Statements of Operations are as follows:

	Twelve Months Ended
	December 31,
(dollars in millions)	2015			2014			2013
Revenue	$	4.4		$	132.8		$	201.5
Costs and expenses
Cost of products and services	12.0			66.9			102.3
Selling, general and administrative	2.2			19.5			33.6
Depreciation and amortization expense	28.6			103.4			41.2
Restructuring charges	3.3			16.3			0.2
Impairment of asset	—			7.5			—
Transaction costs	—			3.2			—
(Gain) loss on sale or disposal of assets	(0.4		)	—			3.5
Amortization of deferred gain	(6.5		)	(22.9		)	(3.3		)
Total operating costs and expenses	39.2			193.9			177.5
Operating income (loss)	(34.8		)	(61.1		)	24.0
Interest (income) expense	(1.7		)	2.8			6.0
Other (income) expense	(2.3		)	2.2			2.0
Gain on transfer of tower lease obligations and other assets	15.9			—			—
Gain on sale of wireless spectrum licenses	112.6			—			—
Income (loss) before income taxes	97.7			(66.1		)	16.0
Income tax expense (benefit)	34.8			(24.0		)	5.8
Net income (loss) from discontinued operations	$	62.9		$	(42.1	)	$	10.2

Condensed Balance Sheet [Table Text Block]

Wireless assets and liabilities presented as discontinued operations as of December 31, 2015 and December 31, 2014 are as follows:

(dollars in millions)	December 31, 2015		December 31, 2014
Current assets
Prepaid rent - spectrum license	$	—	$	3.2
Other current assets	—		1.5
Total current assets from discontinued operations	—		4.7
Property, plant and equipment	—		44.1
Other noncurrent assets	—		0.5
Total noncurrent assets from discontinued operations	—		44.6
Total assets from discontinued operations	$	—	$	49.3
Current liabilities
Current portion of long-term debt	$	—	$	1.6
Accounts payable	—		5.0
Restructuring liability	4.7		15.4
Deferred gain on sale of wireless spectrum licenses	—		112.6
Other current liabilities	0.7		7.4
Total current liabilities from discontinued operations	5.4		142.0
Long-term debt, less current portion	—		81.6
Deferred gain on sale of towers	—		13.1
Other noncurrent liabilities	—		8.0
Total noncurrent liabilities from discontinued operations	—		102.7
Total liabilities from discontinued operations	$	5.4	$	244.7

Condensed Cash Flow Statement [Table Text Block]

Following is selected operating, investing and financing cash flow activity from discontinued operations included in Consolidated Statements of Cash Flows:

	Twelve Months Ended
	December 31,
(dollars in millions)	2015			2014			2013
Depreciation and amortization	$	28.6		$	103.4		$	41.2
(Gain) loss on sale of assets	(0.4		)	—			3.5
Impairment of assets	—			7.5			—
Deferred gain on sale of spectrum licenses	(112.6		)	—			—
Amortization of deferred gain on sale of towers	(6.5		)	(22.9		)	(3.3		)
Gain on transfer of tower lease obligations and other assets	(15.9		)	—			—
Non-cash spectrum lease	3.2			3.2			—
Restructuring payments	(14.5		)	(2.4		)	(0.3		)
Capital expenditures	—			(6.5		)	(16.0		)
Proceeds from sale of wireless spectrum licenses	—			194.4			—
Repayment of debt	(0.3		)	(23.5		)	(0.6		)

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

At December 31, 2015, future minimum lease payments required under operating leases have been reported as Restructuring liability.