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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 9.4 $ 5.6
Receivables, less allowances of $12.0 and $3.6 447.8 450.2
Inventory, materials and supplies 103.4 57.1
Prepaid expenses 45.7 50.4
Other current assets 25.7 9.1
Total current assets 632.0 572.4
Property, plant and equipment, net 2,116.8 1,966.6
Operating lease right-of-use assets 73.1 44.3
Goodwill 723.5 646.3
Intangible assets, net 829.1 928.3
Deferred income tax assets 2.2 5.3
Other noncurrent assets 58.9 35.6
Total assets 4,435.6 4,198.8
Current liabilities    
Current portion of long-term debt 45.0 19.7
Accounts payable 492.5 399.2
Unearned revenue and customer deposits 81.6 83.2
Accrued taxes 14.5 25.3
Accrued interest 2.0 1.9
Accrued payroll and benefits 52.5 41.9
Other current liabilities 47.8 45.5
Total current liabilities 735.9 616.7
Long-term debt, less current portion 1,656.0 1,428.9
Operating lease liabilities 66.1 40.2
Pension and postretirement benefit obligations 138.9 141.1
Pole license agreement obligation 43.6 46.2
Deferred income tax liabilities 98.2 139.6
Other noncurrent liabilities 118.6 96.0
Total liabilities 2,857.3 2,508.7
Equity    
Additional paid-in capital 1,716.1 1,716.1
Accumulated deficit (158.1) (27.2)
Accumulated other comprehensive income 19.5 1.2
Shareowners' equity - controlling interest 1,577.5 1,690.1
Noncontrolling interests 0.8 0.0
Total equity 1,578.3 1,690.1
Total liabilities and equity $ 4,435.6 $ 4,198.8