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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 58.2 $ 9.7
Receivables, less allowances of $9.7 and $9.9 166.5 178.6
Inventory, materials and supplies 23.4 22.7
Prepaid expenses 19.9 15.0
Other current assets 5.3 3.9
Total current assets 273.3 229.9
Property, plant and equipment, net 1,111.7 1,085.5
Available-for-sale Securities, Equity Securities 0.0 128.0
Goodwill 18.6 14.3
Deferred income taxes, net 55.1 64.5
Other noncurrent assets 23.0 18.8
Total assets 1,481.7 1,541.0
Current liabilities    
Current portion of long-term debt 10.8 7.5
Accounts payable 121.5 105.9
Unearned revenue and customer deposits 33.4 36.3
Accrued taxes 12.2 12.9
Accrued interest 21.8 12.7
Accrued payroll and benefits 27.3 25.7
Other current liabilities 34.9 31.9
Total current liabilities 261.9 232.9
Long-term debt, less current portion 1,116.1 1,199.1
Pension and postretirement benefit obligations 190.2 197.7
Other noncurrent liabilities 37.5 33.0
Total liabilities 1,605.7 1,662.7
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, 2017 and December 31, 2016; liquidation preference $1,000 per share ($50 per depositary share) 129.4 129.4
Common shares, $.01 par value; 96,000,000 shares authorized; 42,173,872 and 42,056,237 shares issued; 42,173,872 and 42,056,237 shares outstanding at June 30, 2017 and December 31, 2016 0.4 0.4
Additional paid-in capital 2,568.5 2,570.9
Accumulated deficit (2,669.6) (2,732.1)
Accumulated other comprehensive loss (152.7) (90.3)
Total shareowners' deficit (124.0) (121.7)
Total liabilities and shareowners' deficit $ 1,481.7 $ 1,541.0