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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 9.6 $ 7.4
Receivables, less allowances of $11.9 and $12.4 157.5 157.1
Inventory, materials and supplies 23.1 20.6
Prepaid expenses 15.7 13.1
Other current assets 3.0 2.2
Total current assets 208.9 200.4
Property, plant and equipment, net 1,021.7 975.5
Investment in CyrusOne 27.4 55.5
Goodwill 14.3 14.3
Deferred income taxes, net 132.5 182.9
Other noncurrent assets 18.4 17.8
Total assets 1,423.2 1,446.4
Current liabilities    
Current portion of long-term debt 14.7 13.8
Accounts payable 142.5 128.9
Unearned revenue and customer deposits 26.7 29.2
Accrued taxes 12.0 14.5
Accrued interest 8.0 11.2
Accrued payroll and benefits 27.9 31.2
Other current liabilities 24.5 25.0
Other current liabilities from discontinued operations 0.6 5.4
Total current liabilities 256.9 259.2
Long-term debt, less current portion 1,125.7 1,223.8
Pension and postretirement benefit obligations 217.5 225.0
Other noncurrent liabilities 40.1 36.6
Total liabilities 1,640.2 1,744.6
Shareowners' deficit    
Preferred stock, 2,357,299 shares authorized, 155,250 shares (3,105,000 depositary shares) of 6 3/4% Cumulative Convertible Preferred Stock issued and outstanding at June 30, 2016 and December 31, 2015; liquidation preference $1,000 per share ($50 per depositary share) 129.4 129.4
Common shares, $.01 par value; 480,000,000 shares authorized; 209,277,290 and 210,017,999 shares issued; 209,136,240 and 209,876,949 shares outstanding at June 30, 2016 and December 31, 2015 2.1 2.1
Additional paid-in capital 2,569.6 2,576.0
Accumulated deficit (2,749.6) (2,834.2)
Accumulated other comprehensive loss (168.0) (171.0)
Common shares in treasury, at cost (0.5) (0.5)
Total shareowners' deficit (217.0) (298.2)
Total liabilities and shareowners' deficit $ 1,423.2 $ 1,446.4