Windstream 2013 Annual Report Download - page 217
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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
____
F-81
14. Supplemental Guarantor Information, Continued:
Condensed Consolidated Balance Sheet
As of December 31, 2013
(Millions) Windstream
Corp. Guarantors Non-
Guarantors Eliminations Consolidated
Assets
Current Assets:
Cash and cash equivalents $ 13.7 $ 4.1 $ 30.4 $ — $ 48.2
Restricted cash 9.7 — — — 9.7
Accounts receivable (less allowance for doubtful
accounts of $40.0) — 117.6 517.7 — 635.3
Notes receivable - affiliate — 4.8 — (4.8) —
Affiliates receivable, net — 719.9 2,114.3 (2,834.2) —
Inventories — 49.8 17.9 — 67.7
Deferred income taxes 201.9 22.9 16.7 — 241.5
Prepaid income taxes 29.7 — — — 29.7
Prepaid expenses and other 5.6 20.8 126.3 — 152.7
Total current assets 260.6 939.9 2,823.3 (2,839.0) 1,184.8
Investments in consolidated subsidiaries 12,064.6 1,319.3 296.0 (13,679.9) —
Notes receivable - affiliate — 321.3 — (321.3) —
Goodwill — 2,475.1 1,856.3 — 4,331.4
Other intangibles, net — 1,042.6 977.5 — 2,020.1
Net property, plant and equipment 7.6 1,398.2 4,296.8 — 5,702.6
Other assets 115.3 20.0 70.4 — 205.7
Total Assets $ 12,448.1 $ 7,516.4 $ 10,320.3 $ (16,840.2) $ 13,444.6
Liabilities and Shareholders’ Equity
Current Liabilities:
Current maturities of long-term debt $ 84.9 $ — $ 0.1 $ — $ 85.0
Current portion of interest rate swaps 30.0 — — — 30.0
Accounts payable 1.3 56.4 328.2 — 385.9
Affiliates payable, net 2,984.9 — — (2,834.2) 150.7
Notes payable - affiliate — — 4.8 (4.8) —
Advance payments and customer deposits — 17.4 206.1 — 223.5
Accrued taxes 0.2 34.0 70.1 — 104.3
Accrued interest 95.4 1.8 6.3 — 103.5
Other current liabilities 38.1 18.6 305.7 — 362.4
Total current liabilities 3,234.8 128.2 921.3 (2,839.0) 1,445.3
Long-term debt 8,044.9 99.6 477.7 — 8,622.2
Notes payable - affiliate — — 321.3 (321.3) —
Deferred income taxes 268.5 935.0 834.8 — 2,038.3
Other liabilities 59.4 32.2 406.7 — 498.3
Total liabilities 11,607.6 1,195.0 2,961.8 (3,160.3) 12,604.1
Commitments and Contingencies (See Note 13)
Shareholders’ Equity:
Common stock — 40.8 83.1 (123.9) —
Additional paid-in capital 812.0 5,083.4 4,004.0 (9,087.4) 812.0
Accumulated other comprehensive income 28.5 7.6 19.2 (26.8) 28.5
Retained earnings — 1,189.6 3,252.2 (4,441.8) —
Total shareholders’ equity 840.5 6,321.4 7,358.5 (13,679.9) 840.5
Total Liabilities and Shareholders’ Equity $ 12,448.1 $ 7,516.4 $ 10,320.3 $ (16,840.2) $ 13,444.6