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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 7.5 $ 5.6
Receivables, less allowances of $9.4 and $3.6 391.7 450.2
Inventory, materials and supplies 78.7 57.1
Prepaid expenses 46.1 50.4
Other current assets 22.0 9.1
Total current assets 546.0 572.4
Property, plant and equipment, net 2,058.3 1,966.6
Operating lease right-of-use assets 75.1 44.3
Goodwill 719.0 646.3
Intangible assets, net 851.8 928.3
Deferred income tax assets 5.7 5.3
Other noncurrent assets 57.7 35.6
Total assets 4,313.6 4,198.8
Current liabilities    
Current portion of long-term debt 44.7 19.7
Accounts payable 432.4 399.2
Unearned revenue and customer deposits 66.1 83.2
Accrued taxes 23.8 25.3
Accrued interest 4.0 1.9
Accrued payroll and benefits 34.4 41.9
Other current liabilities 47.4 45.5
Total current liabilities 652.8 616.7
Long-term debt, less current portion 1,588.2 1,428.9
Operating lease liabilities 67.8 40.2
Pension and postretirement benefit obligations 177.4 141.1
Pole license agreement obligation 45.2 46.2
Deferred income tax liability 98.3 139.6
Other noncurrent liabilities 97.7 96.0
Total liabilities 2,727.4 2,508.7
Shareowners’ equity    
Additional paid-in capital 1,716.1 1,716.1
Accumulated deficit (121.8) (27.2)
Accumulated other comprehensive (loss) income (8.1) 1.2
Total shareowners’ equity 1,586.2 1,690.1
Total liabilities and shareowners’ equity $ 4,313.6 $ 4,198.8