Windstream 2015 Annual Report Download - page 119

WINDSTREAM HOLDINGS, INC.
SCHEDULE I - CONDENSED FINANCIAL INFORMATION OF
THE REGISTRANT (PARENT COMPANY)
37
BALANCE SHEETS
(Millions, except par value)
Assets 2015 2014
Current Assets:
Distributions receivable from Windstream Services $ 15.1 $ 152.4
Total current assets 15.1 152.4
Investment and affiliate related balances 2,009.5 224.8
Net property, plant and equipment 2,301.3 —
Deferred income taxes 1,076.0 —
Total Assets $ 5,401.9 $ 377.2
Liabilities and Shareholders’ Equity
Current liabilities:
Accrued dividends $ 15.1 $ 152.4
Current portion of long-term lease obligation 152.7 —
Total current liabilities 167.8 152.4
Long-term lease obligation 4,927.7 —
Total liabilities 5,095.5 152.4
Shareholders’ Equity:
Common stock, $0.0001 par value, 166.7 shares authorized,
96.7 and 100.5 shares issued and outstanding — —
Additional paid-in capital 602.9 252.2
Accumulated other comprehensive (loss) income (284.4) 12.1
Accumulated deficit (12.1)(39.5)
Total shareholders’ equity 306.4 224.8
Total Liabilities and Shareholders’ Equity $ 5,401.9 $ 377.2
See Notes to Condensed Financial Information (Parent Company) and Notes to Consolidated Financial Statements of
Windstream Holdings, Inc. and Subsidiaries included in the Financial Supplement