Windstream 2012 Annual Report Download - page 82
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20
Item 1B. Unresolved Staff Comments
No reportable information under this item.
Item 2. Properties
Certain of our properties are pledged as collateral as discussed further in Note 15 to the consolidated financial statements. The
obligations under our senior secured credit facilities are secured by liens on substantially all of our personal property assets and
our subsidiaries who are guarantors of our senior secured credit facilities. A summary of our investment in property, plant and
equipment is presented below.
We own property, which consists primarily of land and buildings, office and warehouse facilities, central office equipment,
software, outside plant and related equipment. Outside communications plant includes aerial and underground cable, conduit,
poles and wires. Central office equipment includes digital switches and peripheral equipment. As such, our properties do not
provide a basis for description by character or location of principal units.
Our gross investment in property, by category, as of December 31, 2012, was as follows:
(Millions)
Land $ 46.3
Building and improvements 649.4
Central office equipment 5,276.0
Outside communications plant 6,256.2
Furniture, vehicles and other equipment 1,270.8
Total $ 13,498.7
Item 3. Legal Proceedings
We are party to various legal proceedings, the ultimate resolution of which cannot be determined at this time. Management
does not believe such proceedings, individually or in the aggregate, will have a material adverse effect on the future
consolidated results of our income, cash flows or financial condition.
In addition, management is currently not aware of any environmental matters, individually or in the aggregate, that would have
a material adverse effect on our consolidated financial condition or results of our operations.
Item 4. Mine Safety Disclosures
Not applicable.