XML 12 R6.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 188.4 $ 460.7
Receivables, less allowances of $16.1 and $15.0 94.5 96.4
Inventory, materials and supplies 71.8 82.3
Prepaid expenses 27.0 23.1
Other current assets 105.5 10.3
Total current assets 487.2 672.8
Property, plant and equipment, net 2,758.6 2,625.3
Operating lease right-of-use assets 77.4 77.4
Goodwill 566.7 566.7
Intangible assets, net 326.8 353.4
Other noncurrent assets 76.3 166.8
Total assets 4,293.0 4,462.4
Current liabilities    
Current portion of long-term debt 26.2 45.6
Accounts payable 149.4 174.8
Unearned revenue and customer deposits 49.2 50.6
Accrued taxes 10.0 10.2
Accrued interest 0.9 0.9
Accrued payroll and benefits 30.1 36.4
Accrued restructuring 3.2 40.4
Other current liabilities 120.8 26.8
Total current liabilities 389.8 385.7
Long-term debt, less current portion 1,695.2 1,720.2
Operating lease liabilities 77.9 77.5
Pension and postretirement benefit obligations 107.1 111.3
Pole license agreement obligation 36.3 37.8
Deferred income tax liabilities 21.0 20.4
Other noncurrent liabilities 143.5 238.5
Total liabilities 2,470.8 2,591.4
Shareowners’ equity    
Additional paid-in capital 2,316.1 2,316.1
Accumulated deficit (526.5) (480.1)
Accumulated other comprehensive income 32.6 35.0
Total shareowners' equity 1,822.2 1,871.0
Total liabilities and shareowners’ equity $ 4,293.0 $ 4,462.4