Windstream 2015 Annual Report Download - page 226

Download and view the complete annual report

Please find page 226 of the 2015 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.

Page out of 232

  • 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
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
____
F-96
16. Supplemental Guarantor Information, Continued:
Condensed Consolidating Statement of Cash Flows
For the Year Ended December 31, 2015
(Millions)
Windstream
Services Guarantors
Non-
Guarantors Eliminations Consolidated
Cash Provided from Operations:
Net cash (used in) provided from operations $ (337.4) $ 256.1 $ 1,109.1 $ — $ 1,027.8
Cash Flows from Investing Activities:
Additions to property, plant and equipment (1.0)(180.4)(873.9) — (1,055.3)
Changes in restricted cash 6.7 — — — 6.7
Grant funds received for broadband stimulus
projects 23.5 — — — 23.5
Network expansion funded by Connect America
Fund - Phase 1 —(18.6)(55.3) — (73.9)
Disposition of data center business — — 574.2 — 574.2
Other, net (9.6) 0.1 12.3 — 2.8
Net cash provided from (used in)
investing activities 19.6 (198.9)(342.7) — (522.0)
Cash Flows from Financing Activities:
Distributions to Windstream Holdings, Inc. (416.6) — — — (416.6)
Payment received from CS&L in spin-off 1,035.0 — — — 1,035.0
Funding received from CS&L for tenant capital
improvements — 19.6 23.5 — 43.1
Repayments of debt and swaps (2,898.9)(450.0)(2.0) — (3,350.9)
Proceeds of debt issuance 2,335.0 — — — 2,335.0
Debt issuance costs (4.3) — — — (4.3)
Intercompany transactions, net 277.1 406.7 (706.5) 22.7 —
Payments under long-term lease obligations — (35.6)(67.0) — (102.6)
Payments under capital lease obligations — (4.2)(27.3) — (31.5)
Other, net (9.5) 3.6 (3.6) — (9.5)
Net cash provided from (used in) financing
activities 317.8 (59.9)(782.9) 22.7 (502.3)
Decrease in cash and cash equivalents — (2.7)(16.5) 22.7 3.5
Cash and Cash Equivalents:
Beginning of period — 3.8 50.0 (26.0) 27.8
End of period $ — $ 1.1 $ 33.5 $ (3.3) $ 31.3