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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue        
Services $ 244.9 $ 229.4 $ 486.4 $ 459.2
Products 54.3 56.4 101.7 119.5
Total revenue 299.2 285.8 588.1 578.7
Costs and expenses        
Cost of services, excluding items below 124.8 114.4 248.0 228.0
Cost of products sold, excluding items below 46.0 47.8 85.5 100.4
Selling, general and administrative, excluding items below 56.2 57.0 109.4 109.2
Depreciation and amortization 44.8 34.0 88.2 66.6
Other 0.0 2.9 0.0 7.7
Total operating costs and expenses 271.8 256.1 531.1 511.9
Operating income 27.4 29.7 57.0 66.8
Interest expense 19.9 28.0 40.2 60.7
Loss on extinguishment of debt, net 5.2 13.5 2.8 13.5
Gain on sale of CyrusOne investment (118.6) (295.2) (118.6) (295.2)
Other (income) expense, net (1.1) 1.3 (1.1) 4.8
Income from continuing operations before income taxes 122.0 282.1 133.7 283.0
Income tax expense 44.4 101.4 49.1 102.0
Income from continuing operations 77.6 180.7 84.6 181.0
Income from discontinued operations, net of tax 0.0 10.9 0.0 59.8
Net income 77.6 191.6 84.6 240.8
Preferred stock dividends 2.6 2.6 5.2 5.2
Net income applicable to common shareowners $ 75.0 $ 189.0 $ 79.4 $ 235.6
Basic net earnings per common share        
Basic earnings per common share from continuing operations $ 0.36 $ 0.85 $ 0.38 $ 0.84
Basic earnings per common share from discontinued operations 0.00 0.05 0.00 0.29
Basic net earnings per common share 0.36 0.90 0.38 1.13
Diluted net earnings per common share        
Diluted earnings per common share from continuing operations 0.36 0.84 0.38 0.84
Diluted earnings per common share from discontinued operations 0.00 0.05 0.00 0.28
Diluted net earnings per common share $ 0.36 $ 0.89 $ 0.38 $ 1.12
Continuing Operations [Member]        
Costs and expenses        
Net income $ 77.6 $ 180.7 $ 84.6 $ 181.0
Preferred stock dividends 2.6 2.6 5.2 5.2
Discontinued Operations [Member]        
Costs and expenses        
Selling, general and administrative, excluding items below   0.9   2.2
Depreciation and amortization   0.0 0.0 28.6
Operating income   (0.9)   (38.3)
Other (income) expense, net   (0.1)   (0.1)
Income tax expense   5.1   32.2
Net income 0.0 10.9 0.0 59.8
Preferred stock dividends $ 0.0 $ 0.0 $ 0.0 $ 0.0