Windstream 2012 Annual Report Download - page 177
Download and view the complete annual report
Please find page 177 of the 2012 Windstream annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167 -
168 -
169 -
170 -
171 -
172 -
173 -
174 -
175 -
176 -
177 -
178 -
179 -
180 -
181 -
182 -
183 -
184 -
185 -
186 -
187 -
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
 |
 |
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
____
F-79
15. Supplemental Guarantor Information, Continued:
Condensed Consolidated Balance Sheet
As of December 31, 2011
(Millions) Parent Guarantors
Non-
Guarantors Eliminations Consolidated
Assets
Current Assets:
Cash and cash equivalents $ 115.4 $ 7.1 $ 104.5 $ — $ 227.0
Restricted cash 11.9 — 9.8 — 21.7
Accounts receivable (less allowance for doubtful
accounts of $29.9) — 105.7 549.3 2.4 657.4
Affiliates receivable, net — 52.7 2,744.2 (2,796.9)—
Income tax receivable 122.0 1.2 0.9 — 124.1
Inventories — 55.4 21.1 — 76.5
Deferred income taxes 153.0 22.8 56.3 — 232.1
Prepaid income taxes 163.4 — — (148.1) 15.3
Prepaid expenses and other 3.4 13.2 86.3 — 102.9
Assets held for sale — 50.6 10.8 — 61.4
Total current assets 569.1 308.7 3,583.2 (2,942.6) 1,518.4
Investments in consolidated subsidiaries 11,620.0 1,237.0 313.1 (13,170.1)—
Goodwill — 2,475.2 1,826.5 — 4,301.7
Other intangibles, net — 1,286.6 1,398.7 — 2,685.3
Net property, plant and equipment 7.6 1,465.6 4,236.0 — 5,709.2
Other assets 95.4 355.5 62.3 (335.7) 177.5
Total Assets $ 12,292.1 $ 7,128.6 $ 11,419.8 $ (16,448.4) $ 14,392.1
Liabilities and Shareholders’ Equity
Current Liabilities:
Current maturities of long-term debt and capital
lease obligations $ 33.8 $ 0.7 $ 184.0 $ (4.8) $ 213.7
Current portion of interest rate swaps 30.5———30.5
Accounts payable 1.0 49.0 246.0 — 296.0
Affiliates payable, net 2,796.6 — — (2,796.6)—
Advance payments and customer deposits — 32.8 211.1 — 243.9
Accrued dividends 148.0———148.0
Accrued taxes 0.3 103.1 163.2 (148.7) 117.9
Accrued interest 114.0 1.7 46.1 — 161.8
Other current liabilities 29.8 27.2 194.2 — 251.2
Total current liabilities 3,154.0 214.5 1,044.6 (2,950.1) 1,463.0
Long-term debt and capital lease obligations 7,432.0 99.7 1,733.5 (328.5) 8,936.7
Deferred income taxes 91.8 941.1 816.9 — 1,849.8
Other liabilities 119.0 32.0 496.3 — 647.3
Total liabilities 10,796.8 1,287.3 4,091.3 (3,278.6) 12,896.8
Commitments and Contingencies (See Note 13)
Shareholders’ Equity:
Common stock 0.1 40.8 83.1 (123.9) 0.1
Additional paid-in capital 1,493.3 5,083.4 4,004.0 (9,087.4) 1,493.3
Accumulated other comprehensive income 1.9 8.2 47.6 (55.8) 1.9
Retained earnings — 708.9 3,193.8 (3,902.7)—
Total shareholders’ equity 1,495.3 5,841.3 7,328.5 (13,169.8) 1,495.3
Total Liabilities and Shareholders’ Equity $ 12,292.1 $ 7,128.6 $ 11,419.8 $ (16,448.4) $ 14,392.1