Windstream 2009 Annual Report Download - page 187

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
15. Supplemental Guarantor Information, Continued:
Condensed Consolidated Balance Sheet
As of December 31, 2008
(Millions) Parent Guarantors
Non-
Guarantors Eliminations Consolidated
Assets
Current Assets:
Cash and cash equivalents $ 282.8 $ 1.0 $ 12.8 $ - $ 296.6
Accounts receivable (less allowance for doubtful
accounts of $16.3) 0.3 105.5 210.8 - 316.6
Inventories - 21.3 9.5 - 30.8
Deferred income taxes 22.4 - 8.4 - 30.8
Prepaid expenses and other 2.3 4.2 27.4 - 33.9
Total current assets 307.8 132.0 268.9 - 708.7
Investments in consolidated subsidiaries 7,637.4 460.5 (1.4) (8,096.5) -
Goodwill and other intangibles, net 0.1 1,826.2 1,504.1 - 3,330.4
Net property, plant and equipment 7.6 1,103.6 2,785.9 - 3,897.1
Other assets 31.4 11.4 30.3 - 73.1
Total Assets $ 7,984.3 $ 3,533.7 $ 4,587.8 $ (8,096.5) $ 8,009.3
Liabilities and Shareholders’ Equity
Current Liabilities:
Current maturities of long-term debt $ 14.0 $ 0.3 $ 10.0 $ - $ 24.3
Current portion of interest rate swaps 40.5 - - - 40.5
Accounts payable 10.2 83.0 40.8 - 134.0
Affiliates payable, net 2,155.1 290.6 (2,445.7) - -
Advance payments and customer deposits - 8.7 85.3 - 94.0
Accrued dividends 109.9 - - - 109.9
Accrued taxes (30.7) 23.3 55.4 - 48.0
Accrued interest 135.8 1.7 0.9 - 138.4
Other current liabilities 15.7 13.2 47.3 - 76.2
Total current liabilities 2,450.5 420.8 (2,206.0) - 665.3
Long-term debt 5,218.8 99.6 39.8 - 5,358.2
Deferred income taxes (92.7) 519.5 643.8 - 1,070.6
Other liabilities 155.4 15.5 492.0 - 662.9
Total liabilities 7,732.0 1,055.4 (1,030.4) - 7,757.0
Commitments and Contingencies (See Note 13)
Shareholders’ Equity:
Common stock - - 45.8 (45.8) -
Additional paid-in capital 101.5 1,764.5 2,619.0 (4,383.5) 101.5
Accumulated other comprehensive loss (336.6) - (248.2) 248.2 (336.6)
Retained earnings 487.4 713.8 3,201.6 (3,915.4) 487.4
Total shareholders’ equity 252.3 2,478.3 5,618.2 (8,096.5) 252.3
Total Liabilities and Shareholders’ Equity $ 7,984.3 $ 3,533.7 $ 4,587.8 $ (8,096.5) $ 8,009.3
F-73