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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 8.5 $ 7.4
Restricted Cash and Cash Equivalents, Current 90.7 0.0
Receivables, less allowances of $9.8 and $12.4 172.2 157.1
Inventory, materials and supplies 23.0 20.6
Prepaid expenses 15.0 13.1
Other current assets 4.2 2.2
Total current assets 313.6 200.4
Property, plant and equipment, net 1,052.6 975.5
Investment in CyrusOne 21.0 55.5
Goodwill 14.3 14.3
Deferred income taxes, net 108.7 182.9
Other noncurrent assets 19.7 17.8
Total assets 1,529.9 1,446.4
Current liabilities    
Current portion of long-term debt 98.8 13.8
Accounts payable 134.3 128.9
Unearned revenue and customer deposits 36.8 29.2
Accrued taxes 14.5 14.5
Accrued interest 8.3 11.2
Accrued payroll and benefits 35.9 31.2
Other current liabilities 25.3 25.0
Other current liabilities from discontinued operations 0.4 5.4
Total current liabilities 354.3 259.2
Long-term debt, less current portion 1,125.5 1,223.8
Pension and postretirement benefit obligations 214.0 225.0
Other noncurrent liabilities 30.9 36.6
Total liabilities 1,724.7 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 September 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; 96,000,000 shares authorized; 42,055,001 and 42,003,600 shares issued; 42,026,791 and 41,975,390 shares outstanding at September 30, 2016 and December 31, 2015 0.4 0.4
Additional paid-in capital 2,573.3 2,577.7
Accumulated deficit (2,730.8) (2,834.2)
Accumulated other comprehensive loss (166.6) (171.0)
Common shares in treasury, at cost (0.5) (0.5)
Total shareowners' deficit (194.8) (298.2)
Total liabilities and shareowners' deficit $ 1,529.9 $ 1,446.4