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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 17.8 $ 9.7
Restricted Cash, Current 378.7 0.0
Receivables, less allowances of $10.4 and $9.9 239.8 178.6
Inventory, materials and supplies 44.3 22.7
Prepaid expenses 22.2 15.0
Other current assets 7.6 3.9
Total current assets 710.4 229.9
Property, plant and equipment, net 1,129.0 1,085.5
Investment in CyrusOne 0.0 128.0
Goodwill 151.0 14.3
Intangible assets, net 132.3 0.0
Deferred income tax assets 19.3 64.5
Other noncurrent assets 20.4 18.8
Total assets 2,162.4 1,541.0
Current liabilities    
Current portion of long-term debt 18.4 7.5
Accounts payable 185.6 105.9
Unearned revenue and customer deposits 36.3 36.3
Accrued taxes 21.2 12.9
Accrued interest 29.9 12.7
Accrued payroll and benefits 28.7 25.7
Other current liabilities 37.2 31.9
Total current liabilities 357.3 232.9
Long-term debt, less current portion 1,729.3 1,199.1
Pension and postretirement benefit obligations 177.5 197.7
Deferred income tax liabilities 11.2 0.0
Other noncurrent liabilities 30.2 33.0
Total liabilities 2,305.5 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 December 31, 2017 and 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; 42,197,965 and 42,056,237 shares issued and outstanding at December 31, 2017 and 2016, respectively 0.4 0.4
Additional paid-in capital 2,565.6 2,570.9
Accumulated deficit (2,664.8) (2,732.1)
Accumulated other comprehensive loss (173.7) (90.3)
Total shareowners' deficit (143.1) (121.7)
Total liabilities and shareowners' deficit $ 2,162.4 $ 1,541.0