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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 9.1 $ 9.4
Receivables, less allowances of $17.7 and $12.0 495.0 447.8
Inventory, materials and supplies 107.4 103.4
Prepaid expenses 53.3 45.7
Other current assets 32.1 25.7
Total current assets 696.9 632.0
Property, plant and equipment, net 2,459.1 2,116.8
Operating lease right-of-use assets 78.3 73.1
Goodwill 721.0 723.5
Intangible assets, net 715.9 829.1
Deferred income tax assets 2.8 2.2
Other noncurrent assets 78.0 58.9
Total assets 4,752.0 4,435.6
Current liabilities    
Current portion of long-term debt 27.1 45.0
Accounts payable 453.8 492.5
Unearned revenue and customer deposits 72.0 81.6
Accrued taxes 13.2 14.5
Accrued interest 3.6 2.0
Accrued payroll and benefits 51.5 52.5
Other current liabilities 62.8 47.8
Total current liabilities 684.0 735.9
Long-term debt, less current portion 1,836.4 1,656.0
Operating lease liabilities 72.0 66.1
Pension and postretirement benefit obligations 127.9 138.9
Pole license agreement obligation 40.8 43.6
Deferred income tax liabilities 54.2 98.2
Other noncurrent liabilities 143.2 119.4
Total liabilities 2,958.5 2,858.1
Shareowners' equity    
Additional paid-in capital 2,116.1 1,716.1
Accumulated deficit (350.8) (158.1)
Accumulated other comprehensive income 28.2 19.5
Total shareowners' equity 1,793.5 1,577.5
Total liabilities and shareowners' equity $ 4,752.0 $ 4,435.6