Document_and_Entity_Informatio
Document and Entity Information Document (USD $) | 12 Months Ended | ||
In Billions, except Share data, unless otherwise specified | Dec. 31, 2013 | Jan. 31, 2014 | Jun. 30, 2013 |
Entity Information [Line Items] | ' | ' | ' |
Entity Registrant Name | 'CINCINNATI BELL INC. | ' | ' |
Entity Central Index Key | '0000716133 | ' | ' |
Current Fiscal Year End Date | '--12-31 | ' | ' |
Entity Filer Category | 'Large Accelerated Filer | ' | ' |
Document Type | '10-K | ' | ' |
Document Period End Date | 31-Dec-13 | ' | ' |
Document Fiscal Year Focus | '2013 | ' | ' |
Document Fiscal Period Focus | 'FY | ' | ' |
Amendment Flag | 'false | ' | ' |
Entity Common Stock, Shares Outstanding | ' | 208,738,253 | ' |
Entity Well-known Seasoned Issuer | 'Yes | ' | ' |
Entity Voluntary Filers | 'No | ' | ' |
Entity Current Reporting Status | 'Yes | ' | ' |
Entity Public Float | ' | ' | $0.60 |
Consolidated_Balance_Sheets
Consolidated Balance Sheets (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Current assets | ' | ' |
Cash and cash equivalents | $4.60 | $23.60 |
Receivables, less allowances of $12.2 and $13.3 | 145.6 | 199 |
Receivable from CyrusOne | 9.2 | 0 |
Inventory, materials and supplies | 23.8 | 30.7 |
Deferred income taxes | 55.3 | 26.8 |
Prepaid expenses | 11 | 11.8 |
Other current assets | 1.6 | 11.6 |
Total current assets | 251.1 | 303.5 |
Property, plant and equipment, net | 902.8 | 1,587.40 |
Investment in CyrusOne | 471 | 0 |
Goodwill | 14.4 | 290.6 |
Intangible assets, net | 91.7 | 196.8 |
Deferred income taxes | 339.7 | 407.8 |
Other noncurrent assets | 36.6 | 86.3 |
Total assets | 2,107.30 | 2,872.40 |
Current liabilities | ' | ' |
Current portion of long-term debt | 12.6 | 13.4 |
Accounts payable | 89.4 | 135.6 |
Payable to CyrusOne | 0.5 | 0 |
Unearned revenue and customer deposits | 32.5 | 51.2 |
Accrued taxes | 12.9 | 21.6 |
Accrued interest | 31.6 | 41.3 |
Accrued payroll and benefits | 38 | 52.1 |
Other current liabilities | 36.8 | 40.2 |
Total current liabilities | 254.3 | 355.4 |
Long-term debt, less current portion | 2,252.60 | 2,676 |
Pension and postretirement benefit obligations | 202.7 | 362.7 |
Other noncurrent liabilities | 74.4 | 176.5 |
Total liabilities | 2,784 | 3,570.60 |
Shareowners' deficit | ' | ' |
Preferred stock, 2,357,299 shares authorized; 155,250 shares (3,105,000 depositary shares) of 6 3/4% Cumulative Convertible Preferred Stock issued and outstanding at December 31, 2013 and 2012; liquidation preference $1,000 per share ($50 per depositary share) | 129.4 | 129.4 |
Common shares, $.01 par value; 480,000,000 shares authorized; 208,656,995 and 202,960,430 shares issued; 208,165,275 and 202,468,710 shares outstanding at December 31, 2013 and 2012 | 2.1 | 2 |
Additional paid-in capital | 2,590.60 | 2,590.90 |
Accumulated deficit | -3,263.50 | -3,208.80 |
Accumulated other comprehensive loss | -133.3 | -209.7 |
Common shares in treasury, at cost | -2 | -2 |
Total shareowners' deficit | -676.7 | -698.2 |
Total liabilities and shareowners' deficit | $2,107.30 | $2,872.40 |
Consolidated_Balance_Sheets_Pa
Consolidated Balance Sheets Parenthetical (USD $) | 12 Months Ended | |
In Millions, except Share data, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 |
Allowance for receivables | $12.20 | $13.30 |
Preferred Stock, Shares Authorized | 2,357,299 | 2,357,299 |
Preferred Stock, 6 3/4% Cumulative Convertible, Shares Issued | 155,250 | 155,250 |
Preferred Stock, 6 3/4% Cumulative Convertible, Shares Outstanding | 155,250 | 155,250 |
Preferred Stock, Depositary Shares | 3,105,000 | 3,105,000 |
Preferred Stock, Dividend Rate, Percentage | 6.75% | 6.75% |
Preferred Stock, Liquidation Preference Per Share | $1,000 | $1,000 |
Preferred Stock Liquidation Preference Per Depositary Share | $50 | $50 |
Common Stock, Par or Stated Value Per Share | $0.01 | $0.01 |
Common Stock, Shares Authorized | 480,000,000 | 480,000,000 |
Common Stock, Shares, Issued | 208,656,995 | 202,960,430 |
Common Stock, Shares, Outstanding | 208,165,275 | 202,468,710 |
Consolidated_Statements_of_Ope
Consolidated Statements of Operations (USD $) | 12 Months Ended | ||
In Millions, except Per Share data, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Revenue | ' | ' | ' |
Services | $1,039.30 | $1,272.80 | $1,250.80 |
Products | 217.6 | 201.1 | 211.6 |
Total revenue | 1,256.90 | 1,473.90 | 1,462.40 |
Costs and expenses | ' | ' | ' |
Cost of services, excluding items below | 427.1 | 489.9 | 464.3 |
Cost of products sold, excluding items below | 215.9 | 204.7 | 213 |
Selling, general and administrative | 220.8 | 269.5 | 263.1 |
Depreciation and amortization | 169.6 | 217.4 | 199.5 |
Restructuring charges | 13.7 | 3.4 | 12.2 |
Transaction-related compensation | 42.6 | 0 | 0 |
Curtailment (gain) loss | -0.6 | 0 | 4.2 |
Loss (gain) on sale or disposal of assets, net | 2.4 | -1.6 | -8.4 |
Impairment of goodwill | 0 | 0 | 50.3 |
Impairment of assets, excluding goodwill | 0 | 14.2 | 2.1 |
Transaction costs | 1.6 | 6.3 | 2.6 |
Total operating costs and expenses | 1,093.10 | 1,203.80 | 1,202.90 |
Operating income | 163.8 | 270.1 | 259.5 |
Interest expense | 182 | 218.9 | 215 |
Loss on extinguishment of debt | 29.6 | 13.6 | 0 |
Loss from CyrusOne equity method investment | 10.7 | 0 | 0 |
Other (income) expense, net | -1.3 | 1.7 | 0.9 |
(Loss) income before income taxes | -57.2 | 35.9 | 43.6 |
Income tax (benefit) expense | -2.5 | 24.7 | 25 |
Net (loss) income | -54.7 | 11.2 | 18.6 |
Preferred stock dividends | 10.4 | 10.4 | 10.4 |
Net (loss) income applicable to common shareowners | ($65.10) | $0.80 | $8.20 |
Basic and diluted (loss) earnings per common share | ($0.32) | $0 | $0.04 |
Weighted-average common shares outstanding - basic | 205.9 | 197 | 196.8 |
Weighted-average common shares outstanding - diluted | 205.9 | 204.7 | 200 |
Consolidated_Statements_of_Com
Consolidated Statements of Comprehensive Income (Loss) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Net (loss) income | ($54.70) | $11.20 | $18.60 |
Other comprehensive income (loss), net of tax: | ' | ' | ' |
Foreign currency translation loss | -0.1 | 0 | -0.1 |
Defined benefit plans: | ' | ' | ' |
Net gain (loss) arising from remeasurement during the period, net of tax of ($30.7), $5.1, $30.9 | 56.8 | -9.2 | -56.5 |
Net prior service credit, net of tax of ($6.1) | 11.3 | 0 | 0 |
Amortization of prior service benefits included in net income, net of tax of $5.2, $4.8, $4.7 | -8.7 | -8.3 | -8.2 |
Amortization of net actuarial loss included in net income, net of tax of ($10.1), ($9.5), ($7.6) | 17.5 | 16.7 | 13.2 |
Reclassification adjustment for curtailment (gain) loss included in net income, net of tax of $0.2, ($1.5) | -0.4 | 0 | 2.7 |
Total other comprehensive income (loss), net of tax | 76.4 | -0.8 | -48.9 |
Total comprehensive income (loss) | $21.70 | $10.40 | ($30.30) |
Consolidated_Statements_of_Com1
Consolidated Statements of Comprehensive Income (Loss) Parenthetical (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Net gain (loss) arising from remeasurement during the period, tax | ($30.70) | $5.10 | $30.90 |
Net prior service credit, tax | -6.1 | ' | ' |
Amortization of prior service benefits included in net income, tax | 5.2 | 4.8 | 4.7 |
Amortization of net actuarial loss included in net income, tax | -10.1 | -9.5 | -7.6 |
Reclassification adjustment for curtailment (gain) loss included in net income, tax | $0.20 | ' | ($1.50) |
Consolidated_Statements_of_Sha
Consolidated Statements of Shareowners' Deficit (USD $) | 12 Months Ended | 12 Months Ended | ||||||||||||||||||||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Preferred Stock [Member] | Preferred Stock [Member] | Preferred Stock [Member] | Preferred Stock [Member] | Common Stock [Member] | Common Stock [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | Additional Paid-in Capital [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Retained Earnings [Member] | Retained Earnings [Member] | Accumulated Other Comprehensive Income (Loss) [Member] | Accumulated Other Comprehensive Income (Loss) [Member] | Accumulated Other Comprehensive Income (Loss) [Member] | Treasury Stock [Member] | Treasury Stock [Member] | Treasury Stock [Member] | ||||
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Balance | ($698.20) | ($715.20) | ($667.80) | $129.40 | $129.40 | $129.40 | $129.40 | $2 | $2 | $2 | $2,590.90 | $2,584.60 | $2,601.50 | ($3,208.80) | ($3,220) | ($3,238.60) | ($209.70) | ($208.90) | ($160) | ($2) | ($2.30) | ($2.10) |
Balance | ' | ' | ' | 3.1 | 3.1 | 3.1 | 3.1 | 203 | 196.3 | 198.3 | ' | ' | ' | ' | ' | ' | ' | ' | ' | -0.5 | -0.6 | -0.5 |
Net income (loss) | -54.7 | 11.2 | 18.6 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -54.7 | 11.2 | 18.6 | ' | ' | ' | ' | ' | ' |
Other comprehensive income (loss) | 76.4 | -0.8 | -48.9 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 76.4 | -0.8 | -48.9 | ' | ' | ' |
Shares issued under employee plans | 2.4 | 14.5 | 0.5 | ' | ' | ' | ' | 0 | 0 | 0 | 2.4 | 14.5 | 0.4 | ' | ' | ' | ' | ' | ' | 0 | 0 | 0.1 |
Shares issued under employee plans | ' | ' | ' | ' | ' | ' | ' | 1.6 | 5.2 | 1.5 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Shares purchased under employee plans and other | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Shares purchased under employee plans and other | -2.3 | -2.8 | -0.5 | ' | ' | ' | ' | ' | ' | ' | -2.3 | -2.8 | -0.5 | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Shares purchased under employee plans and other | ' | ' | ' | ' | ' | ' | ' | -0.3 | 0 | -0.2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Stock-based compensation | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Stock-based compensation | 4.9 | 5.2 | 4.1 | ' | ' | ' | ' | ' | ' | ' | 4.9 | 5.2 | 4.1 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stock-based compensation | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 |
Exercise of warrants | ' | ' | ' | ' | ' | ' | ' | 0.1 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Exercise of warrants | 5.2 | 0.1 | ' | ' | ' | ' | ' | ' | ' | ' | 5.1 | 0.1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Exercise of warrants | ' | ' | ' | ' | ' | ' | ' | 4.4 | 1.5 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Repurchase and retirement of shares | ' | 0 | -10.8 | ' | ' | ' | ' | ' | ' | 0 | ' | -0.3 | -10.5 | ' | ' | ' | ' | ' | ' | ' | 0.3 | -0.3 |
Repurchase and retirement of shares | 0 | 0.1 | ' | ' | ' | ' | ' | ' | ' | -3.3 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -0.1 |
Retirement of shares | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.1 | ' |
Dividends on preferred stock | -10.4 | -10.4 | -10.4 | ' | ' | ' | ' | ' | ' | ' | -10.4 | -10.4 | -10.4 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Balance | ($676.70) | ($698.20) | ($715.20) | $129.40 | $129.40 | $129.40 | $129.40 | $2.10 | $2 | $2 | $2,590.60 | $2,590.90 | $2,584.60 | ($3,263.50) | ($3,208.80) | ($3,220) | ($133.30) | ($209.70) | ($208.90) | ($2) | ($2) | ($2.30) |
Balance | ' | ' | ' | 3.1 | 3.1 | 3.1 | 3.1 | 208.7 | 203 | 196.3 | ' | ' | ' | ' | ' | ' | ' | ' | ' | -0.5 | -0.5 | -0.6 |
Consolidated_Statements_of_Cas
Consolidated Statements of Cash Flows (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Cash flows from operating activities | ' | ' | ' |
Net (loss) income | ($54.70) | $11.20 | $18.60 |
Adjustments to reconcile net (loss) income to net cash provided by operating activities: | ' | ' | ' |
Depreciation and amortization | 169.6 | 217.4 | 199.5 |
Loss on extinguishment of debt | 29.6 | 13.6 | 0 |
Loss from CyrusOne equity method investment | 10.7 | 0 | 0 |
Loss (gain) on sale of assets | 2.4 | -1.6 | -8.4 |
Impairment of goodwill and other assets | 0 | 14.2 | 52.4 |
Provision for loss on receivables | 11.3 | 13.9 | 13.9 |
Noncash portion of interest expense | 7.5 | 7.8 | 7.7 |
Deferred income taxes expense, including valuation allowance change | -2.7 | 21.6 | 24.9 |
Pension and other postretirement benefits in excess of expense | -49.7 | -28.4 | -19.5 |
Stock-based compensation | 4.9 | 5.2 | 4.1 |
Excess tax benefit for share based payments | -0.5 | -2.4 | 0 |
Other, net | -6.7 | -1.4 | -3.7 |
Changes in operating assets and liabilities, net of effects of divestitures: | ' | ' | ' |
Decrease (increase) in receivables | 0.5 | -33.6 | -10.6 |
Increase in inventory, materials, supplies, prepaid expenses and other current assets | -0.8 | -14.5 | -5.9 |
(Decrease) increase in accounts payable | -17.7 | -6.9 | 19.2 |
Decrease in accrued and other current liabilities | -18.1 | -10 | -0.5 |
Decrease in other noncurrent assets | 0.8 | 4.6 | 1.1 |
(Decrease) increase in other noncurrent liabilities | -7.6 | 2 | -2.9 |
Net cash provided by operating activities | 78.8 | 212.7 | 289.9 |
Cash flows from investing activities | ' | ' | ' |
Capital expenditures | -196.9 | -367.2 | -255.5 |
Dividends received from CyrusOne | 21.3 | 0 | 0 |
Proceeds from sale of assets | 2 | 1.6 | 11.5 |
Increase in restricted cash | 0 | -11.1 | 0 |
Release of restricted cash | 0.4 | 4.9 | 0 |
Cash divested from deconsolidation of CyrusOne | -12.2 | 0 | 0 |
Other, net | 0 | 0 | -0.7 |
Net cash used in investing activities | -185.4 | -371.8 | -244.7 |
Cash flows from financing activities | ' | ' | ' |
Proceeds from issuance of long-term debt | 536 | 525 | 0 |
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | 94.2 | 52 | 0.4 |
Repayment of debt | -530.8 | -442.4 | -11.5 |
Debt issuance costs | -6.7 | -20.9 | -0.8 |
Dividends paid on preferred stock | -10.4 | -10.4 | -10.4 |
CyrusOne stock issuance costs | 0 | -5.7 | 0 |
Common stock repurchase | 0 | -0.3 | -10.4 |
Proceeds from exercise of options and warrants | 7.1 | 12.1 | 0.4 |
Excess tax benefit for share based payments | 0.5 | 2.4 | 0 |
Financing obligations and other, net | -2.3 | -2.8 | -16.5 |
Net cash provided by (used in) financing activities | 87.6 | 109 | -48.8 |
Net decrease in cash and cash equivalents | -19 | -50.1 | -3.6 |
Cash and cash equivalents at beginning of year | 23.6 | 73.7 | 77.3 |
Cash and cash equivalents at end of year | $4.60 | $23.60 | $73.70 |
Description_of_Business_and_Ac
Description of Business and Accounting Policies | 12 Months Ended |
Dec. 31, 2013 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ' |
Description of Business and Accounting Policies [Text Block] | ' |
Description of Business and Accounting Policies | |
Description of Business — Cincinnati Bell Inc. and its consolidated subsidiaries ("Cincinnati Bell", "we", "our", "us" or the "Company") provides diversified telecommunications and technology services. The Company generates a large portion of its revenue by serving customers in the Greater Cincinnati and Dayton, Ohio areas. An economic downturn or natural disaster occurring in this, or a portion of this, limited operating territory could have a disproportionate effect on our business, financial condition, results of operations and cash flows compared to similar companies of a national scope and similar companies operating in different geographic areas. Revenue derived from foreign operations is less than 1% of consolidated revenue. | |
As of December 31, 2013, the Company managed its business by product and service offerings in three segments: Wireline, Wireless, and IT Services and Hardware. On January 24, 2013, we completed the IPO of CyrusOne Inc. ("CyrusOne"), which owns and operates our former Data Center Colocation business. CyrusOne conducts its data center business through CyrusOne LP, an operating partnership. Effective with the IPO, we now own approximately 1.9 million shares, or 8.6%, of CyrusOne's common stock and are a limited partner in CyrusOne LP, owning approximately 42.6 million, or 66%, of its partnership units. The Company may redeem its CyrusOne LP units into common stock of CyrusOne on a one-to-one basis, or for cash at the fair value of a share of CyrusOne common stock, at the option of CyrusOne, commencing on January 17, 2014. Although we effectively own approximately 69% of CyrusOne through our ownership of its common stock and partnership units of CyrusOne LP, we no longer control its operations. | |
On August 1, 2011, we sold substantially all of the assets associated with our home security monitoring business for $11.5 million. The pre-tax gain recognized on the sale of these assets was $8.4 million. The operating results of this business, which were included within the Wireline segment prior to its sale, were immaterial to our consolidated financial statements for the year ended December 31, 2011. | |
Basis of Presentation — The consolidated financial statements of the Company have been prepared pursuant to the rules and regulations of the U.S. Securities and Exchange Commission ("SEC") and, in the opinion of management, include all adjustments necessary for a fair presentation of the results of operations, comprehensive income (loss), financial position, and cash flows for each period presented. | |
Basis of Consolidation — The consolidated financial statements include the consolidated accounts of Cincinnati Bell Inc. and its majority-owned subsidiaries over which it exercises control. Intercompany accounts and transactions have been eliminated in the consolidated financial statements. Investments over which the Company exercises significant influence are recorded under the equity method. As of December 31, 2013, the Company applies the equity method to its investment in CyrusOne. As of December 31, 2012, the Company had no equity method investments. Investments in which we own less than 20% of the ownership interests and cannot exercise significant influence over the investee’s operations are recorded at cost. | |
Use of Estimates — The preparation of financial statements in conformity with generally accepted accounting principles ("GAAP") requires management to make estimates and assumptions that affect the amounts reported. Actual results could differ from those estimates. Significant items subject to such estimates and judgments include: the carrying value of property, plant and equipment; the valuation of insurance and claims liabilities; the valuation of allowances for receivables and deferred income taxes; reserves recorded for income tax exposures; the valuation of asset retirement obligations; assets and liabilities related to employee benefits; and the valuation of goodwill and intangibles. In the normal course of business, the Company is also subject to various regulatory and tax proceedings, lawsuits, claims, and other matters. The Company believes adequate provision has been made for all such asserted and unasserted claims in accordance with GAAP. Such matters are subject to many uncertainties and outcomes that are not predictable with assurance. | |
Investment in CyrusOne - We completed the IPO of CyrusOne on January 24, 2013, and as of that date, we have significant influence over it but do not control its operations. As a result, effective January 24, 2013, our ownership in CyrusOne is accounted for as an equity method investment. From that date, we recognize our proportionate share of CyrusOne's net income or loss as non-operating income or expense in our Consolidated Statement of Operations. For the period January 1, 2013 through January 23, 2013, we consolidated CyrusOne's operating results. For the year ended December 31, 2013, the Company received cash dividends from CyrusOne totaling $21.3 million. Dividends from CyrusOne are recognized as a reduction of our investment. | |
Cash and Cash Equivalents — Cash consists of funds held in bank accounts. Cash equivalents consist of short-term, highly liquid investments with original maturities of three months or less. | |
Receivables — Receivables consist principally of trade receivables from customers and are generally unsecured and due within 21 - 90 days. The Company has receivables with one large customer that exceed 10% of the outstanding accounts receivable balance at December 31, 2013 and 2012. Unbilled receivables arise from services rendered but not yet billed. As of December 31, 2013 and 2012, unbilled receivables totaled $23.2 million and $26.0 million, respectively. Expected credit losses related to trade receivables are recorded as an allowance for uncollectible accounts in the Consolidated Balance Sheets. The Company establishes the allowances for uncollectible accounts using percentages of aged accounts receivable balances to reflect the historical average of credit losses as well as specific provisions for certain identifiable, potentially uncollectible balances. When internal collection efforts on accounts have been exhausted, the accounts are written off and the associated allowance for uncollectible accounts is reduced. | |
Inventory, Materials and Supplies — Inventory, materials and supplies consists of wireless handsets, wireline network components, various telephony and IT equipment to be sold to customers, maintenance inventories, and other materials and supplies, which are carried at the lower of average cost or market. | |
Property, Plant and Equipment — Property, plant and equipment is stated at original cost and presented net of accumulated depreciation and impairment losses. Maintenance and repairs are charged to expense as incurred while improvements which extend an asset's useful life or increase its functionality are capitalized and depreciated over the asset's remaining life. The majority of the Wireline network property, plant and equipment used to generate its voice and data revenue is depreciated using the group method, which develops a depreciation rate annually based on the average useful life of a specific group of assets rather than for each individual asset as would be utilized under the unit method. The estimated life of the group changes as the composition of the group of assets and their related lives change. Provision for depreciation of other property, plant and equipment, except for leasehold improvements, is based on the straight-line method over the estimated economic useful life. Depreciation of leasehold improvements is based on a straight-line method over the lesser of the economic useful life of the asset or the term of the lease, including optional renewal periods if renewal of the lease is reasonably assured. | |
Additions and improvements, including interest and certain labor costs incurred during the construction period, are capitalized. The Company records the fair value of a legal liability for an asset retirement obligation in the period it is incurred. The estimated removal cost is initially capitalized and depreciated over the remaining life of the underlying asset. The associated liability is accreted to its present value each period. Once the obligation is ultimately settled, any difference between the final cost and the recorded liability is recognized as gain or loss on disposition. | |
Goodwill and Indefinite-Lived Intangible Assets | |
Goodwill — Goodwill represents the excess of the purchase price consideration over the fair value of net assets acquired and recorded in connection with business acquisitions. Goodwill is generally allocated to reporting units one level below business segments. Goodwill is tested for impairment on an annual basis or when events or changes in circumstances indicate that such assets may be impaired. If the net book value of the reporting unit exceeds its fair value, an impairment loss may be recognized. An impairment loss is measured as the excess of the carrying value of goodwill of a reporting unit over its implied fair value. The implied fair value of goodwill represents the difference between the fair value of the reporting unit and the fair value of all the assets and liabilities of that unit, including any unrecognized intangible assets. | |
Intangible assets not subject to amortization — Intangible assets represent purchased assets that lack physical substance but can be separately distinguished from goodwill because of contractual or legal rights, or because the asset is capable of being separately sold or exchanged. Federal Communications Commission ("FCC") licenses for wireless spectrum represent indefinite-lived intangible assets. The Company may renew the wireless licenses in a routine manner every ten years for a nominal fee, provided the Company continues to meet the service and geographic coverage provisions required by the FCC. Intangible assets not subject to amortization are tested for impairment annually, or when events or changes in circumstances indicate that the asset might be impaired. | |
Long-Lived Assets — Management reviews the carrying value of property, plant and equipment and other long-lived assets, including intangible assets with definite lives, when events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable. An impairment loss is recognized when the estimated future undiscounted cash flows expected to result from the use of an asset (or group of assets) and its eventual disposition is less than its carrying amount. An impairment loss is measured as the amount by which the asset’s carrying value exceeds its estimated fair value. Long-lived intangible assets are amortized based on the estimated economic value generated by the asset in future years. | |
Cost Method Investments — Certain of our cost method investments do not have readily determinable fair values. The carrying value of these investments was $2.5 million and $2.7 million as of December 31, 2013 and 2012, respectively, and was included in “Other noncurrent assets” in the Consolidated Balance Sheets. Investments are reviewed annually for impairment, or sooner if changes in circumstances indicate the carrying value may not be recoverable. If the carrying value of the investment exceeds its estimated fair value and the decline in value is determined to be other-than-temporary, an impairment loss is recognized for the difference. The Company estimates fair value using external information and discounted cash flow analysis. | |
Leases — Certain property and equipment are leased. At lease inception, the lease terms are assessed to determine if the transaction should be classified as a capital or operating lease. | |
Several of the buildings used in our former data center operations were leased facilities. When we were involved in the construction of structural improvements to the leased property, we were deemed the accounting owner of leased real estate. In these instances, we bore substantially all the construction period risk, such as managing or funding construction. These transactions generally did not qualify for sale-leaseback accounting due to our continued involvement in these data center operations. At inception, the fair value of the real estate, which generally consisted of a building shell, and our associated obligation was recorded as construction in progress. As construction progressed, the value of the asset and obligation was increased by the fair value of the structural improvements. When construction was completed, the asset was placed in service and depreciation commenced. Leased real estate was depreciated to the lesser of (i) its estimated fair value at the end of the term or (ii) the expected amount of the unamortized obligation at the end of the term. | |
Treasury Shares — The repurchase of common shares is recorded at purchase cost as treasury shares. Our policy is to retire, either formally or constructively, treasury shares that management anticipates will not be reissued. Upon retirement, the purchase cost of the treasury shares that exceeds par value is recorded as a reduction to “Additional paid-in capital” in the Consolidated Balance Sheets. | |
Revenue Recognition — We apply the revenue recognition principles described in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification Topic ("ASC") 605, “Revenue Recognition.” Under ASC 605, revenue is recognized when there is persuasive evidence of a sale arrangement, delivery has occurred or services have been rendered, the sales price is fixed or determinable, and collectability is reasonably assured. | |
With respect to arrangements with multiple deliverables, management determines whether more than one unit of accounting exists in an arrangement. To the extent that the deliverables are separable into multiple units of accounting, total consideration is allocated to the individual units of accounting based on their relative fair value, determined by the price of each deliverable when it is regularly sold on a stand-alone basis. Revenue is recognized for each unit of accounting as delivered, or as service is performed, depending on the nature of the deliverable comprising the unit of accounting. | |
Wireline — Revenues from local telephone, special access, internet product and entertainment services, which are billed monthly prior to performance of service, are not recognized upon billing or cash receipt but rather are deferred until the service is provided. Long distance, switched access and other usage based charges are billed monthly in arrears. Wireline bills service revenue in regular monthly cycles, which are spread throughout the days of the month. As the last day of each billing cycle rarely coincides with the end of the reporting period for usage-based services such as long distance and switched access, we must estimate service revenues earned but not yet billed. These estimates are based upon historical usage, and we adjust these estimates during the period in which actual usage is determinable, typically in the following reporting period. | |
Initial billings for Wireline service connection and activation are deferred and amortized into revenue on a straight-line basis over the average customer life. The associated connection and activation costs, to the extent of the upfront fees, are also deferred and amortized on a straight-line basis over the average customer life. | |
Pricing of local voice services is generally subject to oversight by both state and federal regulatory commissions. Such regulation also covers services, competition, and other public policy issues. Various regulatory rulings and interpretations could result in increases or decreases to revenue in future periods. | |
Wireless — Postpaid wireless and reciprocal compensation are billed monthly in arrears. Wireless bills service revenue in regular monthly cycles, which are spread throughout the days of the month. As the last day of each billing cycle rarely coincides with the end of the reporting period for usage-based services such as postpaid wireless, we estimate service revenues earned but not yet billed. Our estimates are based upon historical usage, and we adjust these estimates during the period in which actual usage is determinable, typically in the following reporting period. | |
Revenue from prepaid wireless service, which is collected in advance, is not recognized upon billing or cash receipt, but rather is deferred until the service is provided. | |
Wireless handset revenue and the related activation revenue are recognized when the products are delivered to and accepted by the customer, as this is considered to be a separate earnings process from the sale of wireless services. Wireless equipment costs are also recognized upon handset sale and are generally in excess of the related handset and activation revenue. Revenue from termination fees is recognized when collection is deemed reasonably assured. | |
IT Services and Hardware — Professional services, including product installations, are recognized as the service is provided. Maintenance services on telephony equipment are deferred and recognized ratably over the term of the underlying customer contract, generally one to four years. | |
Equipment revenue is recognized upon the completion of our contractual obligations, such as shipment, delivery, installation, or customer acceptance. Installation service revenue is generally recognized when installation is complete. We have vendor specific evidence of selling price for installation services, as we sell these services on a standalone basis. | |
The Company is a reseller of IT and telephony equipment. For these transactions, we consider the gross versus net revenue recording criteria of ASC 605. Based on this criteria, these equipment revenues and associated costs have generally been recorded on a gross basis, rather than recording the revenues net of the associated costs. Vendor rebates are earned on certain equipment sales. When the rebate is earned and the amount is determinable, we recognize the rebate as an offset to cost of products sold. | |
Data Center Colocation — During the period of time in which we included the accounts of CyrusOne in our consolidated financial statements, data center colocation rentals were generally billed monthly in advance and some contracts had escalating payments over the non-cancellable term of the contract. If rents escalated without the lessee gaining access to or control over additional leased space or power, and the lessee took possession of, or controlled the physical use of the property (including all contractually committed power) at the beginning of the lease term, the rental payments by the lessee were recognized as revenue on a straight-line basis over the term of the lease. If rents escalated because the lessee gained access to and control over additional leased space or power, revenue was recognized in proportion to the additional space or power in the years that the lessee had control over the use of the additional space or power. The excess of revenue recognized over amounts contractually due is recognized in other current and noncurrent assets in the accompanying Consolidated Balance Sheets. | |
Some of our leases were structured on a full-service gross basis in which the customer paid a fixed amount for both colocation rental and power. Other leases provided that the customer would be billed for power based upon actual usage which was separately metered. In both cases, this revenue is presented on a gross basis in the accompanying Consolidated Statements of Operations. Power was generally billed one month in arrears and an estimate of this revenue was accrued in the month that the associated costs were incurred. We generally were not entitled to reimbursements for real estate taxes, insurance or other operating expenses. | |
Revenue was recognized for services or products that were deemed separate units of accounting. When a customer made an advance payment which was not deemed a separate unit of accounting, deferred revenue was recorded. This revenue was recognized ratably over the expected term of the customer relationship, unless the pattern of service suggested otherwise. | |
Certain customer contracts required specified levels of service or performance. If we failed to meet these service levels, our customers may have been eligible to receive credits on their contractual billings. These credits were recognized against revenue when an event occurred that gave rise to such credits. | |
Advertising Expenses — Costs related to advertising are expensed as incurred. Advertising costs were $12.2 million, $16.6 million, and $18.4 million in 2013, 2012, and 2011, respectively. | |
Legal Expenses — In the normal course of business, the Company is involved in various claims and legal proceedings. Legal costs incurred in connection with loss contingencies are expensed as incurred. Legal claim accruals are recorded once determined to be both probable and estimable. | |
Income, Operating, and Regulatory Taxes | |
Income taxes — The Company and its subsidiaries file income tax returns in the U.S. federal jurisdiction as well as various foreign, state and local jurisdictions. The provision for income taxes is based upon income in the consolidated financial statements, rather than amounts reported on the income tax return. The income tax provision consists of an amount for taxes currently payable and an amount for tax consequences deferred to future periods. Deferred investment tax credits are amortized as a reduction of the provision for income taxes over the estimated useful lives of the related property, plant and equipment. Deferred income taxes are provided for temporary differences between financial statement and income tax assets and liabilities. Deferred income taxes are recalculated annually at rates then in effect. Valuation allowances are recorded to reduce deferred tax assets to amounts that are more likely than not to be realized. The ultimate realization of the deferred income tax assets depends upon the ability to generate future taxable income during the periods in which basis differences and other deductions become deductible and prior to the expiration of the net operating loss carryforwards. In the first quarter of 2013, the Company recorded a valuation allowance provision of $10.7 million for Texas margin credits, which effective with CyrusOne's IPO on January 24, 2013, are unlikely to be realized before their expiration date. | |
Previous tax filings are subject to normal reviews by regulatory agencies until the related statute of limitations expires. | |
Operating taxes — Certain operating taxes such as property, sales, use, and gross receipts taxes are reported as expenses in operating income primarily within cost of services. These taxes are not included in income tax expense because the amounts to be paid are not dependent on our level of income. Liabilities for audit exposures are established based on management's assessment of the probability of payment. The provision for such liabilities is recognized as either property, plant and equipment, operating tax expense, or depreciation expense depending on the nature of the audit exposure. Upon resolution of an audit, any remaining liability not paid is released against the account in which it was originally recorded. | |
Regulatory taxes — The Company incurs federal regulatory taxes on certain revenue producing transactions. We are permitted to recover certain of these taxes by billing the customer; however, collections cannot exceed the amount due to the federal regulatory agency. These federal regulatory taxes are presented in sales and cost of services on a gross basis because, while the Company is required to pay the tax, it is not required to collect the tax from customers and, in fact, does not collect the tax from customers in certain instances. The amounts recorded as revenue for 2013, 2012, and 2011 were $18.9 million, $22.2 million, and $20.6 million, respectively. The amounts expensed for 2013, 2012, and 2011 were $19.2 million, $24.4 million, and $22.7 million, respectively. We record all other federal taxes collected from customers on a net basis. | |
Stock-Based Compensation — Compensation cost is recognized for all share-based awards to employees. We value all share-based awards to employees at fair value on the date of grant and expense this amount over the required service period, generally defined as the applicable vesting period. For awards which contain a performance condition, compensation expense is recognized over the service period, when achievement of the performance condition is deemed probable. The fair value of stock options and stock appreciation rights is determined using the Black-Scholes option-pricing model using assumptions such as volatility, risk-free interest rate, holding period and dividends. The fair value of stock awards is based on the Company’s closing share price on the date of grant. For all share-based payments, an assumption is also made for the estimated forfeiture rate based on the historical behavior of employees. The forfeiture rate reduces the total fair value of the awards to be recognized as compensation expense. Our accounting policy for graded vesting awards is to recognize compensation expense on a straight-line basis over the vesting period. We have also granted employee awards to be ultimately paid in cash which are indexed to the change in the Company’s common stock price. These awards are adjusted to the fair value of the Company's common stock, and the adjusted fair value is expensed on a pro-rata basis over the vesting period. When an award is granted to an employee who is retirement eligible, the compensation cost is recognized over the service period up to the date that the employee first becomes eligible to retire. | |
Pension and Postretirement Benefit Plans — The Company maintains qualified and non-qualified defined benefit pension plans, and also provides postretirement healthcare and life insurance benefits for eligible employees. We recognize the overfunded or underfunded status of the defined benefit pension and other postretirement benefit plans as either an asset or liability. Changes in the funded status of these plans are recognized as a component of comprehensive income (loss) in the year they occur. Pension and postretirement healthcare and life insurance benefits earned during the year and interest on the projected benefit obligations are accrued and recognized currently in net periodic benefit cost. Prior service costs and credits are amortized over the average life expectancy of participants or remaining service period, based upon whether plan participants are mostly retirees or active employees. Net gains or losses resulting from differences between actuarial experience and assumptions or from changes in actuarial assumptions, are recognized as a component of annual net periodic benefit cost. Unrecognized actuarial gains or losses that exceed 10% of the projected benefit obligation are amortized on a straight-line basis over the average remaining service life of active employees for the pension and bargained postretirement plans (approximately 10-14 years) and average life expectancy of retirees for the management postretirement plan (approximately 16 years). | |
Termination Benefits — The Company has written severance plans covering both its management and union employees and, as such, accrues probable and estimable employee separation liabilities in accordance with ASC 712, “Compensation — Nonretirement Postemployment Benefits.” These liabilities are based on the Company’s historical experience of severance, historical severance costs, and management’s expectation of future separations. | |
Special termination benefits are recognized upon acceptance by an employee of a voluntary termination offer. For terminations involving a large group of employees, we consider whether a pension and postretirement curtailment event has occurred. We define a curtailment as an event that reduces the expected years of future service of present employees by 10% or more. | |
Business Combinations — In accounting for business combinations, we apply the accounting requirements of ASC 805, “Business Combinations,” which requires the recording of net assets of acquired businesses at fair value. In developing estimates of fair value of acquired assets and assumed liabilities, management analyzes a variety of factors including market data, estimated future cash flows of the acquired operations, industry growth rates, current replacement cost for fixed assets, and market rate assumptions for contractual obligations. Such a valuation requires management to make significant estimates and assumptions, particularly with respect to the intangible assets. In addition, contingent consideration is presented at fair value at the date of acquisition. Transaction costs are expensed as incurred. | |
Fair Value Measurements — Fair value of financial and non-financial assets and liabilities is defined as the price representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. Fair value is utilized to measure certain investments on a recurring basis. Fair value measurements are also utilized to determine the initial value of assets and liabilities acquired in a business combination, to perform impairment tests, and for disclosure purposes. | |
Management uses quoted market prices and observable inputs to the maximum extent possible when measuring fair value. In the absence of quoted market prices or observable inputs, fair value is determined using valuation models that incorporate assumptions that a market participant would use in pricing the asset or liability. | |
Fair value measurements are classified within one of three levels, which prioritize the inputs used in the methodologies of measuring fair value for assets and liabilities, as follows: | |
Level 1 — Quoted market prices for identical instruments in an active market; | |
Level 2 — Quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (i.e., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs); and | |
Level 3 — Unobservable inputs that reflect management's determination of assumptions that market participants would use in pricing the asset or liability. These inputs are developed based on the best information available, including our own data. | |
Foreign Currency Translation and Transactions — The financial position of foreign subsidiaries is translated at the exchange rates in effect at the end of the period, while revenues and expenses are translated at average rates of exchange during the period. Gains or losses from translation of foreign operations where the local currency is the functional currency are included as components of accumulated other comprehensive income (loss). Gains and losses arising from foreign currency transactions are recorded in other income (expense) in the period incurred. |
Recently_Issued_Accounting_Sta
Recently Issued Accounting Standards | 12 Months Ended |
Dec. 31, 2013 | |
Recently Issued Accounting Standards [Abstract] | ' |
New Accounting Pronouncements and Changes in Accounting Principles [Text Block] | ' |
Recently Issued Accounting Standards | |
In July 2013, the FASB issued new guidance under Accounting Standards Update 2013-11 regarding the presentation of unrecognized tax benefits in financial statements. This new standard requires the netting in the balance sheet of unrecognized tax benefits against a deferred tax asset for a same-jurisdiction loss or other carryforward that would apply in settlement of the uncertain tax positions. To the extent a net operating loss ("NOL") or tax credit carryforward is not available under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position, the unrecognized tax benefit would be presented in the balance sheet as a liability. This standard is effective for annual and interim periods beginning after December 15, 2013. We expect that the adoption of this standard will not have a material impact on our financial statements. | |
In February 2013, the FASB amended the guidance in ASC 220 on comprehensive income. The new guidance requires additional information to be disclosed about the amounts reclassified out of accumulated other comprehensive income by the respective line items of net income, but only if the amounts reclassified are required under GAAP to be reclassified in their entirety to net income. For other amounts that are not required under GAAP to be reclassified in their entirety to net income, cross references to other disclosures will be required. We adopted this new guidance beginning with our interim financial statements for the three months ended March 31, 2013. See Note 12 for our disclosures. |
Investment_in_CyrusOne
Investment in CyrusOne | 12 Months Ended | ||||
Dec. 31, 2013 | |||||
Equity Method Investments and Joint Ventures [Abstract] | ' | ||||
Equity Method Investments and Joint Ventures Disclosure [Text Block] | ' | ||||
Investment in CyrusOne | |||||
On January 24, 2013, we completed the initial public offering of CyrusOne, our former Data Center Colocation segment. As of this date, we no longer control CyrusOne's operations and we removed the following assets and liabilities of CyrusOne from our consolidated financial statements: | |||||
(dollars in millions) | |||||
Cash | $ | 12.2 | |||
Receivables | 41.5 | ||||
Other current assets | 13.4 | ||||
Property, plant and equipment | 736.2 | ||||
Goodwill and intangibles | 377.7 | ||||
Other noncurrent assets | 44 | ||||
Total assets | 1,225.00 | ||||
Current portion of long-term debt | 6.3 | ||||
Accounts payable | 29.4 | ||||
Unearned revenue and customer deposits | 24.1 | ||||
Other current liabilities | 12.9 | ||||
Long-term debt | 550.3 | ||||
Other noncurrent liabilities | 92.3 | ||||
Total liabilities | 715.3 | ||||
Net assets | $ | 509.7 | |||
Our 69% effective ownership is held in the form of 1.9 million shares of unregistered common stock of CyrusOne Inc. and 42.6 million of economically equivalent partnership units in its underlying operating entity, CyrusOne LP. For the year ended December 31, 2013, our equity method share of CyrusOne's net loss was $10.7 million. | |||||
Commencing January 17, 2014, we may exchange the partnership units of CyrusOne LP into cash, or shares of common stock of CyrusOne, as determined by CyrusOne, on a one-for-one basis based upon the fair value of a share of CyrusOne common stock, subject to certain limitations which restrict the volume of shares we are permitted to sell. The restrictions lapse upon the effectiveness of CyrusOne Inc.'s registration statement, to be filed by March 24, 2014. | |||||
As of December 31, 2013, the fair value of this investment was $993.2 million based on the quoted market price of CyrusOne's common stock, which is considered a Level 1 measurement in the fair value hierarchy. | |||||
Summarized financial information for CyrusOne is as follows: | |||||
(dollars in millions) | January 24, 2013 to December 31, 2013 | ||||
Revenue | $ | 248.4 | |||
Operating income | 28.9 | ||||
Net loss | (15.6 | ) | |||
(dollars in millions) | As of December 31, 2013 | ||||
Net investment in real estate | $ | 883.8 | |||
Total assets | 1,506.80 | ||||
Total liabilities | 729.2 | ||||
Transactions with CyrusOne | |||||
Revenues - The Company records service revenue from CyrusOne under contractual service arrangements which include, among others, providing services such as fiber transport, network support, service calls, monitoring and management, storage and back-up, and IT systems support. | |||||
Operating Expenses - For the year ended December 31, 2013, we recognized transaction-related compensation of $20.0 million associated with CyrusOne employees. These payments were made in April 2013. See Note 8 for further discussion of this compensation plan. | |||||
We lease data center and office space from CyrusOne at certain locations in the Cincinnati area under operating leases and are also billed for other services provided by CyrusOne under contractual service arrangements. In the normal course of business, the Company also provides certain administrative services to CyrusOne. These services are billed to CyrusOne based on agreed-upon rates and could include, but are not limited to, services for cash management, legal, treasury, human resources, accounting, tax, internal audit, information technology and risk management services. For the period to date, the services provided have been primarily limited to cash management. These expense recoveries from CyrusOne are credited to the expense account in which they were initially recorded. | |||||
Revenues and operating costs and expenses from transactions with CyrusOne were as follows: | |||||
(dollars in millions) | January 24, 2013 to December 31, 2013 | ||||
Revenue: | |||||
Services provided to CyrusOne | $ | 2.1 | |||
Operating costs and expenses: | |||||
Transaction-related compensation to CyrusOne employees | $ | 20 | |||
Charges for services provided by CyrusOne | 8.8 | ||||
Administrative services provided to CyrusOne | (0.6 | ) | |||
Total operating costs and expenses | $ | 28.2 | |||
Dividends of $21.3 million were received in 2013. In addition, on December 11, 2013, CyrusOne declared dividends of $0.16 per share payable on its common shares and CyrusOne LP partnership units. This dividend was paid on January 10, 2014 to holders of record as of December 27, 2013. | |||||
In addition to the agreements noted above, the Company entered into a tax sharing agreement with CyrusOne. Under the terms of the agreement, CyrusOne will reimburse the Company for the Texas Margin Tax liability that CyrusOne would have incurred if they filed a Texas Margin Tax return separate from the consolidated filing. The agreement will remain in effect until terminated by the mutual written consent of the parties or when the Company is no longer required to file the Texas Margin Tax return on a consolidated basis with CyrusOne. As of December 31, 2013 the receivable related to this agreement amounted to $1.5 million and is included in the receivable balance noted below. | |||||
At December 31, 2013, amounts receivable from and payable to CyrusOne were as follows: | |||||
(dollars in millions) | December 31, 2013 | ||||
Accounts receivable | $ | 2.1 | |||
Dividends receivable | 7.1 | ||||
Receivable from CyrusOne | $ | 9.2 | |||
Accounts payable | $ | 0.5 | |||
Payable to CyrusOne | $ | 0.5 | |||
Earnings_Per_Common_Share
Earnings Per Common Share | 12 Months Ended | |||||||||||
Dec. 31, 2013 | ||||||||||||
Earnings Per Share [Abstract] | ' | |||||||||||
Earnings Per Common Share [Text Block] | ' | |||||||||||
Earnings Per Common Share | ||||||||||||
Basic earnings per common share ("EPS") is based upon the weighted-average number of common shares outstanding during the period. Diluted EPS reflects the potential dilution that would occur upon issuance of common shares for awards under stock-based compensation plans, exercise of warrants, or conversion of preferred stock, but only to the extent that they are considered dilutive. | ||||||||||||
The following table shows the computation of basic and diluted EPS: | ||||||||||||
Year Ended December 31, | ||||||||||||
(in millions, except per share amounts) | 2013 | 2012 | 2011 | |||||||||
Numerator: | ||||||||||||
Net (loss) income | $ | (54.7 | ) | $ | 11.2 | $ | 18.6 | |||||
Preferred stock dividends | 10.4 | 10.4 | 10.4 | |||||||||
Net (loss) income applicable to common shareowners - basic and diluted | $ | (65.1 | ) | $ | 0.8 | $ | 8.2 | |||||
Denominator: | ||||||||||||
Weighted-average common shares outstanding - basic | 205.9 | 197 | 196.8 | |||||||||
Warrants | — | 4.5 | 0.4 | |||||||||
Stock-based compensation arrangements | — | 3.2 | 2.8 | |||||||||
Weighted-average common shares outstanding - diluted | 205.9 | 204.7 | 200 | |||||||||
Basic and diluted (loss) earnings per common share | $ | (0.32 | ) | $ | 0 | $ | 0.04 | |||||
For the year ended December 31, 2013, the Company had a net loss available to common shareholders and, as a result, all common stock equivalents were excluded from the computation of diluted EPS as their inclusion would have been anti-dilutive. For the years ended December 31, 2012, and 2011, awards under our stock-based compensation plans for common shares of 5.3 million and 11.4 million, respectively, were excluded from the computation of diluted EPS as their inclusion would have been anti-dilutive. For all periods presented, preferred stock convertible into 4.5 million common shares was excluded as it was anti-dilutive. |
Property_Plant_and_Equipment
Property, Plant and Equipment | 12 Months Ended | |||||||||||
Dec. 31, 2013 | ||||||||||||
Property, Plant and Equipment [Abstract] | ' | |||||||||||
Property, Plant and Equipment Disclosure [Text Block] | ' | |||||||||||
Property, Plant and Equipment | ||||||||||||
Property, plant and equipment is comprised of the following: | ||||||||||||
December 31, | Depreciable | |||||||||||
(dollars in millions) | 2013 | 2012 | Lives (Years) | |||||||||
Land and rights-of-way | $ | 4.3 | $ | 49.7 | 20 | - | Indefinite | |||||
Buildings and leasehold improvements | 172.8 | 895.9 | 2 | - | 40 | |||||||
Network equipment | 2,897.70 | 2,858.40 | 2 | - | 50 | |||||||
Office software, furniture, fixtures and vehicles | 152.9 | 133.8 | 2 | - | 14 | |||||||
Construction in process | 20.7 | 78.6 | n/a | |||||||||
Gross value | 3,248.40 | 4,016.40 | ||||||||||
Accumulated depreciation | (2,345.6 | ) | (2,429.0 | ) | ||||||||
Property, plant and equipment, net | $ | 902.8 | $ | 1,587.40 | ||||||||
Depreciation expense on property, plant and equipment was $166.0 million, $198.8 million, and $180.4 million in 2013, 2012, and 2011, respectively. Approximately 85%, 87%, and 84% of "Depreciation," as presented in the Consolidated Statements of Operations in 2013, 2012, and 2011, respectively, was associated with the cost of providing services. There are numerous assets included within network equipment resulting in a range of depreciable lives between 2 and 50 years, the majority of which fall within the range of 9 to 22 years. | ||||||||||||
No asset impairment losses were recognized in 2013. During the year ended December 31, 2012, an asset impairment loss of $11.8 million was recognized in the Data Center Colocation segment on certain leasehold improvements at data centers acquired in the GramTel acquisition. Also during 2012, asset impairment losses of $0.4 million and $0.5 million were recognized in the Wireless and Wireline segments, respectively. The Wireless impairment loss was associated with abandoned assets that have no resale market, and the Wireline impairment loss was associated with an out-of-territory fiber network. During 2011, asset impairment losses of $1.1 million and $1.0 million were recognized in the Wireless and Wireline segments, respectively, on abandoned assets that had no resale market. | ||||||||||||
During the first quarter and in connection with ongoing reviews of the estimated remaining useful lives of property, plant and equipment, we shortened the estimated useful lives assigned to wireless network software to three years. This change resulted from smartphone-driven technology upgrades, enhancements and projected retirements. As a result of this change in estimate, we recorded depreciation expense of $8.5 million in the first quarter of 2013, which has the impact of increasing basic and diluted loss per share for the first quarter by approximately $0.03 per share. | ||||||||||||
In conjunction with our long-lived asset analysis conducted in the fourth quarter, we reassessed the useful lives of all our Wireless property, plant and equipment. The remaining useful life for all Wireless property, plant, and equipment assets was reduced to 30 months as of December 31, 2013, resulting in additional depreciation expense of $3.0 million in the quarter. The additional depreciation expense in the fourth quarter had the impact of increasing basic and diluted loss per share for the year by $0.01 per share. As a result of this change in estimate, depreciation expense will be increased by approximately $36 million in 2014. In addition, reducing the useful life of all Wireless property, plant and equipment also required that we shorten the amortization period of the deferred gain associated with the tower sale to 30 months as of December 31, 2013. In 2013, the amortization of the deferred gain associated with the tower sale totaled $3.3 million, compared to the approximate $14 million expected to be recognized in 2014. | ||||||||||||
As of December 31, 2013 and 2012, buildings and leasehold improvements, network equipment, and office software, furniture, fixtures and vehicles include $126.8 million and $244.1 million, respectively, of assets accounted for as capital leases or financing arrangements. Depreciation of capital lease assets is included in "Depreciation and amortization" in the Consolidated Statements of Operations. |
Goodwill_and_Intangible_Assets
Goodwill and Intangible Assets | 12 Months Ended | |||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||
Goodwill and Intangible Assets [Abstract] | ' | |||||||||||||||||||
Goodwill and Intangible Assets Disclosure [Text Block] | ' | |||||||||||||||||||
Goodwill and Intangible Assets | ||||||||||||||||||||
Goodwill | ||||||||||||||||||||
At December 31, 2013 and 2012, the gross value of goodwill was $64.7 million and $340.9 million, respectively. Accumulated impairment losses were $50.3 million at December 31, 2013 and 2012. The deconsolidation of CyrusOne in January 2013 resulted in the divestiture of $276.2 million of goodwill. The changes in the carrying amount of goodwill, for the years ended December 31, 2013 and 2012 are as follows: | ||||||||||||||||||||
(dollars in millions) | Wireline | Wireless | IT Services and Hardware | Data Center Colocation | Total | |||||||||||||||
Balance as of December 31, 2011 | $ | 11.8 | $ | — | $ | 2.6 | $ | 276.2 | $ | 290.6 | ||||||||||
Impairment | — | — | — | — | — | |||||||||||||||
Balance as of December 31, 2012 | 11.8 | — | 2.6 | 276.2 | 290.6 | |||||||||||||||
Goodwill divested from deconsolidation of CyrusOne | — | — | — | (276.2 | ) | (276.2 | ) | |||||||||||||
Balance as of December 31, 2013 | $ | 11.8 | $ | — | $ | 2.6 | $ | — | $ | 14.4 | ||||||||||
Intangible Assets Not Subject to Amortization | ||||||||||||||||||||
As of December 31, 2013 and 2012, intangible assets not subject to amortization consist solely of FCC wireless spectrum licenses with a carrying value of $88.2 million. These licenses are subject to renewal every 10 years for a nominal fee. The next renewal date is in 2015. | ||||||||||||||||||||
Intangible Assets Subject to Amortization | ||||||||||||||||||||
As of December 31, 2013, intangible assets subject to amortization consist of customer relationships and trademarks. As of December 31, 2012, intangible assets subject to amortization consisted of customer relationships, trademarks and a favorable leasehold interest. For the year ended December 31, 2013, no impairment losses were recognized on intangible assets subject to amortization. For the year ended December 31, 2012, an impairment loss of $1.5 million was recognized by our former Data Center Colocation segment on a customer relationship intangible that was obtained with the 2007 GramTel acquisition. No impairments were recognized on intangible assets subject to amortization in 2011. The deconsolidation of CyrusOne in January 2013 resulted in the divestiture of customer relationships, trademarks and a favorable leasehold interest with net book values of $91.7 million, $6.1 million and $3.7 million, respectively. | ||||||||||||||||||||
Summarized below are the carrying values for the major classes of intangible assets subject to amortization: | ||||||||||||||||||||
Weighted- | ||||||||||||||||||||
Average | December 31, 2013 | December 31, 2012 | ||||||||||||||||||
Life in | Gross Carrying | Accumulated | Gross Carrying | Accumulated | ||||||||||||||||
(dollars in millions) | Years | Amount | Amortization | Amount | Amortization | |||||||||||||||
Customer relationships | ||||||||||||||||||||
Wireline | 10 | $ | 7 | $ | (6.1 | ) | $ | 7 | (4.9 | ) | ||||||||||
Wireless | 9 | 8.7 | (8.5 | ) | 8.7 | (8.1 | ) | |||||||||||||
IT Services and Hardware | 5 | 2 | (2.0 | ) | 2 | (2.0 | ) | |||||||||||||
Data Center Colocation | 15 | — | — | 129.5 | (36.8 | ) | ||||||||||||||
17.7 | (16.6 | ) | 147.2 | (51.8 | ) | |||||||||||||||
Trademarks | ||||||||||||||||||||
Wireless | 6 | 6.2 | (3.8 | ) | 6.2 | (2.8 | ) | |||||||||||||
Data Center Colocation | 15 | — | — | 7.4 | (1.3 | ) | ||||||||||||||
6.2 | (3.8 | ) | 13.6 | (4.1 | ) | |||||||||||||||
Favorable leasehold interest | ||||||||||||||||||||
Data Center Colocation | 56 | — | — | 3.9 | (0.2 | ) | ||||||||||||||
$ | 23.9 | $ | (20.4 | ) | $ | 164.7 | $ | (56.1 | ) | |||||||||||
Amortization expense for intangible assets subject to amortization was $3.6 million in 2013, $18.6 million in 2012, and $19.1 million in 2011. In the fourth quarter of 2013, the remaining useful life for the Wireless trademark was reduced to 30 months as of December 31, 2013. The change in the useful life was not material to 2013 or future periods. | ||||||||||||||||||||
The following table presents estimated amortization expense for 2014 through 2018: | ||||||||||||||||||||
(dollars in millions) | ||||||||||||||||||||
2014 | $ | 1.7 | ||||||||||||||||||
2015 | 1.2 | |||||||||||||||||||
2016 | 0.6 | |||||||||||||||||||
2017 | — | |||||||||||||||||||
2018 | — | |||||||||||||||||||
Debt_and_Other_Financing_Arran
Debt and Other Financing Arrangements (Notes) | 12 Months Ended | |||||||||||
Dec. 31, 2013 | ||||||||||||
Debt Instruments [Abstract] | ' | |||||||||||
Debt and Other Financing Arrangements [Text Block] | ' | |||||||||||
Debt and Other Financing Arrangements | ||||||||||||
The Company’s debt consists of the following: | ||||||||||||
December 31, | ||||||||||||
(dollars in millions) | 2013 | 2012 | ||||||||||
Current portion of long-term debt: | ||||||||||||
Corporate Credit Agreement - Tranche B Term Loan | $ | 5.4 | $ | — | ||||||||
Capital lease obligations and other debt | 7.2 | 13.4 | ||||||||||
Current portion of long-term debt | 12.6 | 13.4 | ||||||||||
Long-term debt, less current portion: | ||||||||||||
Corporate Credit Agreement | 40 | — | ||||||||||
Receivables facility | 106.2 | 52 | ||||||||||
8 1/4% Senior Notes due 2017 | — | 500 | ||||||||||
8 3/4% Senior Subordinated Notes due 2018 | 625 | 625 | ||||||||||
Corporate Credit Agreement - Tranche B Term Loan | 533.2 | — | ||||||||||
8 3/8% Senior Notes due 2020 | 683.9 | 683.9 | ||||||||||
CyrusOne 6 3/8% Senior Notes due 2022 | — | 525 | ||||||||||
7 1/4% Senior Notes due 2023 | 40 | 40 | ||||||||||
Various Cincinnati Bell Telephone notes | 134.5 | 134.5 | ||||||||||
Capital lease obligations and other debt | 96.1 | 123.1 | ||||||||||
2,258.90 | 2,683.50 | |||||||||||
Net unamortized discount | (6.3 | ) | (7.5 | ) | ||||||||
Long-term debt, less current portion | 2,252.60 | 2,676.00 | ||||||||||
Total debt | $ | 2,265.20 | $ | 2,689.40 | ||||||||
Corporate Credit Agreement | ||||||||||||
Revolving Credit Facility | ||||||||||||
On November 20, 2012, the Company entered into a new corporate credit agreement ("Corporate Credit Agreement") which provides for a $200 million revolving credit facility, with a sublimit of $30 million for letters of credit and a $25 million sublimit for swingline loans. The Corporate Credit Agreement has a maturity date of July 15, 2017. Borrowings under the Corporate Credit Agreement will be used to provide ongoing working capital and for other general corporate purposes of the Company. Upon issuance of the Corporate Credit Agreement, the Company's former revolving credit facility was terminated. Availability under the new revolving credit facility is subject to customary borrowing conditions. | ||||||||||||
Borrowings under the Corporate Credit Agreement bear interest, at the Company's election, at a rate per annum equal to (i) LIBOR plus the applicable margin or (ii) the base rate plus the applicable margin. The applicable margin for advances under the revolving facility is based on certain financial ratios and ranges between 3.50% and 4.25% for LIBOR rate advances and 2.50% and 3.25% for base rate advances. As of December 31, 2013, the applicable margin was 4.00% for LIBOR rate advances and 3.00% for base rate advances. Base rate is the higher of (i) the bank prime rate, (ii) the one-month LIBOR rate plus 1.00% and (iii) the federal funds rate plus 0.5%. At December 31, 2013, the interest rate on the outstanding borrowings under the Corporate Credit Agreement was 4.15%. | ||||||||||||
The revolving commitments under the Corporate Credit Agreement will be permanently reduced by the lesser of (i) the amount of net cash proceeds from the first sale by the Company of its equity interests in CyrusOne or CyrusOne LP and (ii) $50 million, provided that such sale occurs by December 31, 2014. If such sale has not occurred by that date, the original revolving commitments will be permanently reduced to $150 million. In addition, the original revolving commitments will be further reduced to $125 million on December 31, 2015. | ||||||||||||
Amendment for Tranche B Term Loan Facility | ||||||||||||
On September 10, 2013, the Company amended and restated its Corporate Credit Agreement, originally dated as of November 20, 2012, to include a $540 million Tranche B Term Loan facility ("Tranche B Term Loan") that matures on September 10, 2020. | ||||||||||||
The Company received $529.8 million in net proceeds from the Tranche B Term Loan, after deducting the original issue discount, fees and expenses. These proceeds were used to redeem all of the Company's $500 million 8 1/4% Senior Notes due 2017 ("8 1/4% Senior Notes") on October 15, 2013 at a redemption price of 104.125%, including payment of accrued interest thereon totaling $20.6 million. | ||||||||||||
The Tranche B Term Loan was issued with 0.75% of original issue discount and requires quarterly principal payments of 0.25% of the original principal amount. Loans under the Tranche B Term Loan bear interest, at the Company's election, at a rate per annum equal to (i) LIBOR (subject to a 1.00% floor) plus 3.00% or (ii) the base rate plus 2.00%. Base rate is the greatest of (a) the bank prime rate, (b) the one-month LIBOR rate plus 1.00% and (c) the federal funds rate plus 0.5%. At December 31, 2013, the interest rate on the outstanding Tranche B Term Loan was 4.00%. | ||||||||||||
In accordance with the terms of the amended Corporate Credit Agreement, the Company's ability to make restricted payments, which include share repurchases and common stock dividends, is limited to a total of $15 million, with certain permitted exceptions, given that its Consolidated Total Leverage Ratio, as defined by the Corporate Credit Agreement, exceeds 3.50 to 1.00 as of December 31, 2013. The Company may make restricted payments of $45 million annually when the Consolidated Total Leverage Ratio is less than or equal to 3.50 to 1.00. There are no dollar limits on restricted payments when the Consolidated Total Leverage Ratio is less than or equal to 3.00 to 1.00. These restricted payment limitations do not impact the Company's ability to make regularly scheduled dividend payments on its 6 3/4% Cumulative Convertible Preferred Stock. Furthermore, the Company may make restricted payments in the form of share repurchases or dividends up to 15% of CyrusOne sale proceeds, subject to a $35 million annual cap with carryovers. | ||||||||||||
The Corporate Credit Agreement was also modified to provide that the Tranche B Term Loan participates in mandatory prepayments, subject to the terms and conditions (including with respect to payment priority) set forth in the restated Corporate Credit Agreement. In addition, the Corporate Credit Agreement was modified to provide that 85%, rather than 100%, of proceeds from monetizing any portion of our CyrusOne common stock partnership units, are applied to mandatory prepayments under the restated Corporate Credit Agreement, subject to the terms and conditions set forth therein. Other revisions were also effected pursuant to the amended agreement, including with respect to financial covenant compliance levels. | ||||||||||||
Guarantors and Security Interests, Corporate Credit Agreement (Including Tranche B Term Loan) | ||||||||||||
All existing and future subsidiaries of the Company (other than Cincinnati Bell Telephone Company LLC, Cincinnati Bell Funding LLC (and any other similar special purpose receivables financing subsidiary), Cincinnati Bell Shared Services LLC, Cincinnati Bell Extended Territories LLC, CBMSM Inc. and its direct and indirect subsidiaries, and the Company's joint ventures, subsidiaries prohibited by applicable law from becoming guarantors and foreign subsidiaries) are required to guarantee borrowings under the Corporate Credit Agreement. Debt outstanding under the Corporate Credit Agreement is secured by perfected first priority pledges of and security interests in (i) substantially all of the equity interests of the Company's U.S. subsidiaries (other than subsidiaries of non-guarantors of the Corporate Credit Agreement) and 66% of the equity interests in the first-tier foreign subsidiaries held by the Company and the guarantors under the Corporate Credit Agreement, (ii) certain personal property and intellectual property of the Company and its subsidiaries (other than that of non-guarantors of the Corporate Credit Agreement and certain other excluded property) and (iii) the Company's equity interests in CyrusOne and CyrusOne LP, both of which, together with their respective subsidiaries, are treated as non-subsidiaries of the Company and are not guarantors for purposes of the Corporate Credit Agreement. | ||||||||||||
Borrowings and Commitment Fees, Corporate Credit Agreement | ||||||||||||
As of December 31, 2013, the Company had $40.0 million of outstanding borrowings under the Corporate Credit Agreement, leaving $160.0 million available. There were no borrowings under the Corporate Credit Agreement as of December 31, 2012. | ||||||||||||
The Company pays commitment fees for the unused amount of borrowings on the Corporate Credit Agreement and letter of credit fees on outstanding letters of credit. The commitment fees are calculated based on the total leverage ratio and range between 0.500% and 0.625% of the actual daily amount by which the aggregate revolving commitments exceed the sum of outstanding revolving loans and letter of credit obligations. These fees were $1.0 million in 2013, $1.6 million in 2012, and $2.3 million in 2011. | ||||||||||||
Accounts Receivable Securitization Facility | ||||||||||||
Cincinnati Bell Inc. and certain of its subsidiaries have an accounts receivable securitization facility ("Receivables Facility"), which permits maximum borrowings of up to $120.0 million as of December 31, 2013. On June 3, 2013, the Company executed an amendment of its Receivables Facility which, in addition to modifying some of the defined terms and purchaser parties under the prior agreement, provided for an increase in the maximum credit availability under the Receivables Facility from $105.0 million to $120.0 million and extended the facility's expiration through June 2016. CBT, CBET, Cincinnati Bell Wireless, LLC ("CBW"), Cincinnati Bell Any Distance Inc. ("CBAD"), Cincinnati Bell Any Distance of Virginia LLC, CBTS, and eVolve Business Solutions LLC ("eVolve") all participate in this facility. The available borrowing capacity is calculated monthly based on the quantity and quality of outstanding accounts receivable and thus may be lower than the maximum borrowing limit. At December 31, 2013, the available borrowing capacity was $111.4 million. On October 1, 2012, the Company and CBF amended the Receivables Facility to remove CyrusOne as an originator and to remove the CyrusOne receivables from the financing provided under the Receivables Facility. | ||||||||||||
The transferors sell their respective trade receivables on a continuous basis to CBF, a wholly-owned limited liability company. In turn, CBF grants, without recourse, a senior undivided interest in the pooled receivables to various purchasers, including commercial paper conduits, in exchange for cash while maintaining a subordinated undivided interest in the form of over-collateralization in the pooled receivables. The transferors have agreed to continue servicing the receivables for CBF at market rates; accordingly, no servicing asset or liability has been recorded. The Receivables Facility is subject to bank renewal every 364 days, and in any event expires in June 2016. In the event the Receivables Facility is not renewed, management believes it would be able to refinance any outstanding borrowings under the Corporate Credit Agreement. | ||||||||||||
Although CBF is a wholly-owned consolidated subsidiary of the Company, CBF is legally separate from the Company and each of the Company’s other subsidiaries. Upon and after the sale or contribution of the accounts receivable to CBF, such accounts receivable are legally assets of CBF, and, as such, are not available to creditors of other subsidiaries or the parent company. | ||||||||||||
For the purposes of consolidated financial reporting, the Receivables Facility is accounted for as a secured financing. Because CBF has the ability to prepay the Receivables Facility at any time by making a cash payment and effectively repurchasing the receivables transferred pursuant to the facility, the transfers do not qualify for "sale" treatment on a consolidated basis under ASC 860, "Transfers and Servicing." | ||||||||||||
Of the total borrowing capacity of $111.4 million at December 31, 2013, $106.2 million consisted of outstanding borrowings and $5.2 million consisted of outstanding letters of credit. Interest on the Receivables Facility is based on the LIBOR rate plus 0.5%. The average interest rate on the Receivables Facility was 0.7% in 2013. The Company pays letter of credit fees on the securitization facility and also pays commitment fees on the total facility. These fees were $0.7 million in 2013, 2012 and 2011. | ||||||||||||
8 3/4% Senior Subordinated Notes due 2018 | ||||||||||||
In March 2010, the Company issued $625 million of 8 3/4% Senior Subordinated Notes due 2018 (“8 3/4% Senior Subordinated Notes”), which are fixed rate bonds to maturity. | ||||||||||||
Interest on the 8 3/4% Senior Subordinated Notes is payable semi-annually in cash in arrears on March 15 and September 15 of each year, commencing September 15, 2010. The 8 3/4% Senior Subordinated Notes are unsecured senior subordinated obligations ranking junior to all existing and future senior debt, ranking equally to all existing and future senior subordinated indebtedness, and ranking senior to all existing and future subordinated indebtedness. Each of the Company’s current and future subsidiaries that is a guarantor under the Corporate Credit Agreement is also a guarantor of the 8 3/4% Senior Subordinated Notes on an unsecured senior subordinated basis, with certain immaterial exceptions. The indenture governing the 8 3/4% Senior Subordinated Notes contains covenants including but not limited to the following: limitations on dividends to shareowners and other restricted payments; dividend and other payment restrictions affecting the Company’s subsidiaries such that the subsidiaries are generally not permitted to enter into an agreement that would limit their ability to make dividend payments to the parent; issuance of indebtedness; asset dispositions; transactions with affiliates; liens; investments; issuances and sales of capital stock of subsidiaries; and redemption of debt that is junior in right of payment. The indenture governing the 8 3/4% Senior Subordinated Notes provides for customary events of default, including for nonpayment at final maturity and for a default of any other existing debt instrument that exceeds $35 million. | ||||||||||||
The Company may redeem the 8 3/4% Senior Subordinated Notes for a redemption price of 104.375%, 102.188%, and 100.000% on or after March 15, 2014, 2015, and 2016, respectively. At any time prior to March 15, 2014, the Company may redeem all or part of the 8 3/4% Senior Subordinated Notes at a redemption price equal to the sum of (1) 100% of the principal, plus (2) the greater of (a) 1% of the face value of the 8 3/4% Senior Subordinated Notes or (b) the excess over the principal amount of the sum of the present values of (i) 104.375% of the face value of the 8 3/4% Senior Subordinated Notes, and (ii) interest payments due from the date of redemption to March 15, 2014, in each case discounted to the redemption date on a semi-annual basis at the applicable U.S. Treasury rates plus 0.5%, plus (3) accrued and unpaid interest, if any, to the date of redemption. | ||||||||||||
8 3/8% Senior Notes due 2020 | ||||||||||||
In the fourth quarter of 2010, the Company issued $775 million of 8 3/8% Senior Notes due 2020 ("8 3/8% Senior Notes"), which are fixed rate bonds to maturity. In the fourth quarter of 2012, the Company conducted a tender offer and redeemed $91.1 million of the 8 3/8% Senior Notes. | ||||||||||||
Interest on the 8 3/8% Senior Notes is payable semi-annually in cash in arrears on April 15 and October 15 of each year, commencing April 15, 2011. The 8 3/8% Senior Notes are unsecured senior obligations ranking equally with all existing and future senior debt and ranking senior to all existing and future senior subordinated indebtedness and subordinated indebtedness. Each of the Company’s current and future subsidiaries that is a guarantor under the Corporate Credit Agreement is also a guarantor of the 8 3/8% Senior Notes on an unsecured senior basis, with certain immaterial exceptions. The indenture governing the 8 3/8% Senior Notes contains covenants including but not limited to the following: limitations on dividends to shareowners and other restricted payments; dividend and other payment restrictions affecting the Company’s subsidiaries such that the subsidiaries are not permitted to enter into an agreement that would limit their ability to make dividend payments to the parent; issuance of indebtedness; asset dispositions; transactions with affiliates; liens; investments; issuances and sales of capital stock of subsidiaries; and redemption of debt that is junior in right of payment. The indenture governing the 8 3/8% Senior Notes provides for customary events of default, including for nonpayment at final maturity and for a default of any other existing debt instrument that exceeds $35 million. | ||||||||||||
The Company may redeem the 8 3/8% Senior Notes for a redemption price of 104.188%, 102.792%, 101.396% and 100.000% on or after October 15, 2015, 2016, 2017, and 2018, respectively. At any time prior to October 15, 2015, the Company may redeem all or part of the 8 3/8% Senior Notes at a redemption price equal to the sum of (1) 100% of the principal, plus (2) the greater of (a) 1% of the face value of the 8 3/8% Senior Notes or (b) the excess over the principal amount of the sum of the present values of (i) 104.188% of the face value of the 8 3/8% Senior Notes, and (ii) interest payments due from the date of redemption to October 15, 2015, in each case discounted to the redemption date on a semi-annual basis at the applicable U.S. Treasury rates plus 0.5%, plus (3) accrued and unpaid interest, if any, to the date of redemption. | ||||||||||||
7 1/4% Senior Notes due 2023 | ||||||||||||
In 1993, the Company issued $50 million of 7 1/4% Senior Notes due 2023 ("7 1/4% Senior Notes"). The indenture related to these 7 1/4% Senior Notes does not subject the Company to restrictive financial covenants, but it does contain a covenant providing that if the Company incurs certain liens on its property or assets, the Company must secure the outstanding 7 1/4% Senior Notes equally and ratably with the indebtedness or obligations secured by such liens. The 7 1/4% Senior Notes are collateralized on a basis consistent with the Corporate Credit Agreement. Interest on the 7 1/4% Senior Notes is payable semi-annually on June 15 and December 15. The Company may not call the 7 1/4% Senior Notes prior to maturity. The indenture governing the 7 1/4% Senior Notes provides for customary events of default, including for failure to make any payment when due and for a default of any other existing debt instrument that exceeds $20 million. | ||||||||||||
Cincinnati Bell Telephone Notes | ||||||||||||
CBT issued $80.0 million in unsecured notes that were guaranteed on a subordinated basis by Cincinnati Bell Inc., but not the subsidiaries of Cincinnati Bell Inc. These notes had various final maturity dates occurring in 2023, and were callable prior to maturity. The fixed interest rates on these notes ranged from 7.18% to 7.27%. In the fourth quarter of 2012, the Company fully redeemed the outstanding balance of $73.0 million under the CBT Notes. | ||||||||||||
CBT issued $150.0 million in aggregate principal of 6.30% unsecured senior notes due 2028, which is guaranteed on a subordinated basis by Cincinnati Bell Inc. but not its subsidiaries. The maturity date of these notes is in 2028 and they may not be called prior to maturity. The indentures governing these notes provide for customary events of default, including for failure to make any payment when due and for a default of any other existing debt instrument of Cincinnati Bell Inc. or CBT that exceeds $20.0 million. At both December 31, 2013 and 2012, the amount outstanding under these senior notes was $134.5 million. | ||||||||||||
Capital Lease Obligations | ||||||||||||
Capital lease obligations represent our obligation for certain leased assets, including wireless towers and various equipment. These leases generally contain renewal or buyout options. During the period of time in which we included the accounts of CyrusOne in our consolidated financial statements, capital lease obligations also included liabilities for leased data center facilities, which also generally included renewal options. As of December 31, 2012, CyrusOne held a purchase option on one leased data center facility. | ||||||||||||
Debt Maturity Schedule | ||||||||||||
The following table summarizes our annual principal maturities of debt and capital leases for the five years subsequent to December 31, 2013, and thereafter: | ||||||||||||
Capital | Total | |||||||||||
(dollars in millions) | Debt | Leases | Debt | |||||||||
Year ended December 31, | ||||||||||||
2014 | $ | 5.7 | $ | 6.9 | $ | 12.6 | ||||||
2015 | 5.6 | 6.3 | 11.9 | |||||||||
2016 | 111.7 | 6.6 | 118.3 | |||||||||
2017 | 45.6 | 3.8 | 49.4 | |||||||||
2018 | 630.4 | 2.9 | 633.3 | |||||||||
Thereafter | 1,370.00 | 76 | 1,446.00 | |||||||||
2,169.00 | 102.5 | 2,271.50 | ||||||||||
Net unamortized discount | (6.3 | ) | — | (6.3 | ) | |||||||
Total debt | $ | 2,162.70 | $ | 102.5 | $ | 2,265.20 | ||||||
Total capital lease payments including interest are expected to be $14.0 million for 2014, $12.9 million for 2015, $13.2 million for 2016, $9.8 million for 2017, $8.7 million for 2018, and $116.8 million thereafter. | ||||||||||||
Deferred Financing Costs | ||||||||||||
Deferred financing costs are costs incurred in connection with obtaining long-term financing. In 2013, deferred financing costs of $6.7 million were incurred related to amending the Corporate Credit Agreement for the issuance of the $540 million Tranche B Term Loan facility and amending the Receivables Facility. In 2012, deferred financing costs were incurred in connection with the issuance of the Corporate Credit Agreement, CyrusOne Credit Agreement and CyrusOne 6 3/8% Senior Notes due 2022. As of December 31, 2013 and 2012, deferred financing costs totaled $26.1 million and $47.1 million, respectively. The deconsolidation of CyrusOne in January 2013 resulted in the divestiture of $16.9 million deferred financing costs. Deferred financing costs are amortized over the term of the related indebtedness or credit agreement. Amortization of deferred financing costs, included in "Interest expense" in the Consolidated Statements of Operations, totaled $5.9 million in 2013, $7.2 million in 2012, and $7.0 million in 2011. | ||||||||||||
Debt Covenants | ||||||||||||
Corporate Credit Agreement | ||||||||||||
The Corporate Credit Agreement has financial covenants that require the Company to maintain certain leverage and interest coverage ratios and comply with annual limitations on capital expenditures. As of December 31, 2013, these ratios and limitations include a maximum consolidated total leverage ratio of 7.00, a maximum consolidated senior secured leverage ratio of 3.00, a minimum consolidated interest coverage ratio of 1.50 and a 2013 maximum capital expenditure limitation of $220 million. Capital expenditures are permitted subject to predetermined annual thresholds which are not to exceed $955 million in the aggregate over the life of the Corporate Credit Agreement. One year into the Corporate Credit Agreement, capital expenditures for the Company, excluding CyrusOne, totaled $189.2 million. In addition, the Corporate Credit Agreement contains customary affirmative and negative covenants including, but not limited to, restrictions on the Company's ability to incur additional indebtedness, create liens, pay dividends, make certain investments, prepay other indebtedness, sell, transfer, lease, or dispose of assets and enter into, or undertake, certain liquidations, mergers, consolidations or acquisitions. | ||||||||||||
The Corporate Credit Agreement contains customary events of default (which are in some cases subject to certain exceptions, thresholds and grace periods), including, but not limited to, nonpayment of principal or interest, failure to perform or observe covenants, breaches of representations and warranties, cross-defaults with certain other indebtedness, certain bankruptcy-related events or proceedings, final monetary judgments or orders, ERISA defaults, invalidity of loan documents or guarantees, and certain change of control events. If the Company were to violate any of its covenants and were unable to obtain a waiver, it would be considered a default. If the Company were in default under the Corporate Credit Agreement, no additional borrowings under this facility would be available until the default was waived or cured. | ||||||||||||
The Tranche B Term Loan is subject to the same affirmative and negative covenants and events of default as the Corporate Credit Agreement, except that a breach of the financial covenants will not result in an event of default under the Tranche B Term Loan unless and until the agent or a majority in interest of the lenders under the Corporate Credit Agreement have terminated the commitments under the Corporate Credit Agreement or accelerated the loans then outstanding under the Corporate Credit Agreement in response to such breach. | ||||||||||||
Public Indentures | ||||||||||||
The Company’s public debt, which includes the 8 3/4% Senior Subordinated Notes due 2018 and 8 3/8% Senior Notes due 2020, is governed by indentures which contain covenants that, among other things, limit the Company’s ability to incur additional debt or liens, pay dividends or make other restricted payments, sell, transfer, lease, or dispose of assets and make investments or merge with another company. | ||||||||||||
One of the financial covenants permits the issuance of additional Indebtedness up to a 4:00 to 1:00 Consolidated Adjusted Senior Debt to EBITDA ratio (as defined by the individual indentures). Once this ratio exceeds 4:00 to 1:00, the Company is not in default; however, additional indebtedness may only be incurred in specified permitted baskets, including a credit agreement basket providing full access to the $200 million Corporate Credit Agreement plus an additional $161.4 million of secured debt. Also, the Company’s ability to make Restricted Payments (as defined by the individual indentures) would be limited, including common stock dividend payments or repurchasing outstanding Company shares. If the Company is under the 4:00 to 1:00 ratio on a pro forma basis, the Company may access its restricted payments basket, which provides the ability to repurchase shares or pay dividends. In addition, the Company may designate one or more of its subsidiaries as Unrestricted (as defined in the various indentures) such that any Unrestricted Subsidiary (as defined in the various indentures) would generally not be subject to the restrictions of these various indentures. However, certain provisions which govern the Company's relationship with Unrestricted Subsidiaries would begin to apply. | ||||||||||||
CyrusOne Credit Agreement, 6 3/8% Senior Notes due 2022, Capital Lease Obligations, and Other Financing Arrangements | ||||||||||||
On November 20, 2012, CyrusOne entered into a credit agreement (the “CyrusOne Credit Agreement”) which provided for a $225 million senior secured revolving credit facility, with a sublimit of $50 million for letters of credit and a $30 million sublimit for swingline loans. As of December 31, 2012, there were no borrowings on the CyrusOne Credit Agreement. Commitment fees related to the CyrusOne Credit Agreement were immaterial in 2012. | ||||||||||||
Also on November 20, 2012, CyrusOne LP and CyrusOne Finance Corp. (the “Issuers”) issued $525 million of 6 3/8% Senior Notes due 2022, which was recognized within "Long-term debt, less current portion" in the Consolidated Balance Sheets as of December 31, 2012. | ||||||||||||
During the period of time in which we included the accounts of CyrusOne in our consolidated financial statements, we accounted for certain leased buildings in our data center operations as other financing arrangements. Structural improvements were made to these leased facilities in excess of normal tenant improvements and, as such, we were deemed the accounting owner of these facilities. As of December 31, 2012, the liability related to other financing arrangements was $60.8 million, which was recognized within "Other noncurrent liabilities" in the Consolidated Balance Sheets. | ||||||||||||
In 2013, upon completion of the IPO of CyrusOne, we removed CyrusOne's debt from our consolidated financial statements. The Company no longer has any obligations related to CyrusOne's indebtedness which includes CyrusOne's $525 million of 6 3/8% Senior Notes due 2022 (“CyrusOne 6 3/8% Senior Notes”), capital lease obligations and other financing arrangements. In addition, the Company no longer has access to the $225 million CyrusOne Credit Agreement. | ||||||||||||
Extinguished Notes | ||||||||||||
In the fourth quarter of 2013, the Company redeemed all of the $500.0 million of 8 1/4% Senior Notes due 2017 ("8 1/4% Senior Notes") at a redemption price of 104.125% using proceeds from the new Tranche B Term Loan facility that was issued on September 10, 2013. In accordance with the indenture governing these 8 1/4% Senior Notes, the Company had filed a notification with the trustee on September 11, 2013 of its election to redeem these 8 1/4% Senior Notes on the Redemption date, October 15, 2013. As a result, the Company recorded a debt extinguishment loss of $29.6 million for the year ended December 31, 2013. | ||||||||||||
In the fourth quarter of 2012, the Company redeemed its 7% Senior Notes due 2015 ("7% Senior Notes") with a principal balance of $247.5 million, a portion of its 8 3/8% Senior Notes due 2020 with a principal balance of $91.1 million, purchased pursuant to a tender offer conducted during the fourth quarter of 2012, and CBT unsecured notes with a principal balance of $73.0 million. The Company had previously terminated an interest rate swap related to the 7% Senior Notes. For the year ended December 31, 2012, a loss on debt extinguishment of $13.6 million was recognized on these redemptions. |
Commitments_and_Contingencies
Commitments and Contingencies | 12 Months Ended | |||||||
Dec. 31, 2013 | ||||||||
Commitments and Contingencies [Abstract] | ' | |||||||
Commitments and Contingencies [Text Block] | ' | |||||||
Commitments and Contingencies | ||||||||
Operating Lease Commitments | ||||||||
The Company leases certain circuits, facilities, and equipment used in its operations. Operating lease expense was $13.4 million, $19.3 million, and $20.4 million in 2013, 2012, and 2011, respectively. In 2013, $0.3 million of the operating lease expense is associated with CyrusOne as it was included for the first 23 days of January prior to its IPO. In 2012 and 2011, CyrusOne operating lease expense was $5.9 million and $5.3 million, respectively. Certain facility leases and tower site leases provide for renewal options with fixed rent escalations beyond the initial lease term. | ||||||||
At December 31, 2013, future minimum lease payments required under operating leases having initial or remaining non-cancellable lease terms for the next five years are as follows: | ||||||||
(dollars in millions) | ||||||||
2014 | $ | 10.9 | ||||||
2015 | 8.1 | |||||||
2016 | 4.5 | |||||||
2017 | 2.6 | |||||||
2018 | 1.1 | |||||||
Thereafter | 1.1 | |||||||
Total | $ | 28.3 | ||||||
Asset Retirement Obligations | ||||||||
Asset retirement obligations exist for leased wireless towers and certain other assets. The following table presents the activity for the Company’s asset retirement obligations, which are included in "Other noncurrent liabilities" in the Consolidated Balance Sheets: | ||||||||
December 31, | ||||||||
(dollars in millions) | 2013 | 2012 | ||||||
Balance, beginning of period | $ | 7.1 | $ | 5.4 | ||||
Liabilities settled | (0.1 | ) | — | |||||
Liabilities incurred | 0.1 | 0.2 | ||||||
Revisions to estimated cash flow | 1.1 | 1.1 | ||||||
Accretion expense | 0.5 | 0.4 | ||||||
Deconsolidation of CyrusOne | (0.2 | ) | — | |||||
Balance, end of period | $ | 8.5 | $ | 7.1 | ||||
Indemnifications | ||||||||
During the normal course of business, the Company makes certain indemnities, commitments, and guarantees under which it may be required to make payments in relation to certain transactions. These include (a) intellectual property indemnities to customers in connection with the use, sale, and/or license of products and services, (b) indemnities to customers in connection with losses incurred while performing services on their premises, (c) indemnities to vendors and service providers pertaining to claims based on negligence or willful misconduct of the Company, (d) indemnities involving the representations and warranties in certain contracts, and (e) outstanding letters of credit which totaled $5.2 million as of December 31, 2013. In addition, the Company has made contractual commitments to several employees providing for payments upon the occurrence of certain prescribed events. The majority of these indemnities, commitments, and guarantees do not provide for any limitation on the maximum potential for future payments that the Company could be obligated to make. | ||||||||
As permitted under Ohio law, the Company has agreements whereby the Company indemnifies its officers and directors for certain events or occurrences while the officer or director is, or was, serving at the Company's request in such capacity. The term of the indemnification period is for the lifetime of the officer or director. The maximum potential amount of future payments the Company could be required to make under these indemnification agreements is unlimited; however, the Company has a director and officer insurance policy that limits the Company's exposure and enables the Company to recover a portion of any future amounts paid. As a result of the Company's insurance policy coverage, the Company believes the estimated fair value of these indemnification agreements is minimal. The Company has no liabilities recorded for these agreements as of December 31, 2013 or 2012. | ||||||||
Purchase Commitments | ||||||||
The Company has noncancellable purchase commitments related to certain goods and services. These agreements range from one to three years. As of December 31, 2013 and 2012, the minimum commitments for these arrangements were approximately $117 million and $120 million, respectively. The Company generally has the right to cancel open purchase orders prior to delivery and to terminate the contracts without cause. | ||||||||
Litigation | ||||||||
Cincinnati Bell and its subsidiaries are subject to various lawsuits, actions, proceedings, claims and other matters asserted under laws and regulations in the normal course of business. We believe the liabilities accrued for legal contingencies in our consolidated financial statements, as prescribed by GAAP, are adequate in light of the probable and estimable contingencies. However, there can be no assurances that the actual amounts required to satisfy alleged liabilities from various legal proceedings, claims, tax examinations, and other matters, and to comply with applicable laws and regulations, will not exceed the amounts reflected in our consolidated financial statements. As such, costs, if any, that may be incurred in excess of those amounts provided as of December 31, 2013, cannot be reasonably determined. | ||||||||
In 2011, the Company and certain directors and officers were named as defendants in a federal court and a state court shareholder derivative action. Plaintiffs' allegations, which defendants denied, in both the federal and state court actions, were that the director defendants breached their duty of loyalty in connection with 2010 executive compensation decisions and the officer defendants were unjustly enriched. On March 1, 2012, the parties to the case captioned: NECA-IBEW Pension Fund (The Decatur Plan) v. Cox, et al., Case No. 11-cv-00451, United States District Court, Southern District of Ohio, Western Division (“the Federal Action”), reached an agreement concerning the Federal Action. Pursuant to the agreement, the parties agreed to stipulate to the filing of an Amended Complaint, which was docketed with the court, and thereafter, the parties jointly moved the court to stay the Federal Action pending the entry of a judgment in the state court action, captioned:In re Cincinnati Bell Inc. Derivative Litigation, Case No. A1105305, Court of Common Pleas, Hamilton County, Ohio (“the State Action”). The Federal Action was stayed by the court. The parties to the State Action previously reached a settlement of that action which includes certain changes to the Company's corporate governance policies. On April 16, 2012, in the State Action, the court held a hearing to consider final approval of the settlement and fee and expense request by plaintiffs' counsel. The court on April 16, 2012 approved the settlement and the fees and expenses requested by plaintiffs' counsel, including counsel for plaintiff in the Federal Action, and entered an Order and Final Judgment, dismissing the State Action with prejudice. Subsequently, the Federal Action was dismissed with prejudice. The resolution of the above claims did not individually, or in the aggregate, have a material effect on our financial position, results of operations or cash flows during the period ended December 31, 2012. The settlement and counsel fees and expenses were fully paid as of December 31, 2012. | ||||||||
Contingent Compensation Plan | ||||||||
In 2010, the Company's Board of Directors approved long-term incentive programs for certain members of management. Payment was contingent upon the completion of a qualifying transaction and attainment of an increase in the equity value of the data center business, as defined in the plans. | ||||||||
On January 24, 2013, CyrusOne completed its IPO. This is a qualifying transaction and as such triggered payments under this contingent compensation plan. For the year ended December 31, 2013, compensation expense of $42.6 million was recognized for these awards and other transaction-related incentives, of which $20.0 million was associated with CyrusOne employees. This expense has been presented as transaction-related compensation in our Consolidated Statement of Operations for the year ended December 31, 2013. For the years ended December 31, 2012 and 2011, no compensation expense was recognized for these awards as a qualifying transaction had not been completed. |
Financial_Instruments_and_Fair
Financial Instruments and Fair Value Measurements | 12 Months Ended | |||||||||||||||
Dec. 31, 2013 | ||||||||||||||||
Fair Value Disclosures [Abstract] | ' | |||||||||||||||
Financial Instruments and Fair Value Disclosures [text block] | ' | |||||||||||||||
Financial Instruments and Fair Value Measurements | ||||||||||||||||
Fair Value of Financial Instruments | ||||||||||||||||
The carrying values of our financial instruments do not materially differ from the estimated fair values as of December 31, 2013 and 2012, except for the Company's investment in CyrusOne, long-term debt and other financing arrangements. | ||||||||||||||||
The carrying value and fair value of the Company’s financial instruments are as follows: | ||||||||||||||||
December 31, 2013 | December 31, 2012 | |||||||||||||||
(dollars in millions) | Carrying Value | Fair Value | Carrying Value | Fair Value | ||||||||||||
Investment in CyrusOne | $ | 471 | $ | 993.2 | $ | — | $ | — | ||||||||
Long-term debt, including current portion* | 2,162.70 | 2,248.30 | 2,554.30 | 2,699.50 | ||||||||||||
Other financing arrangements | — | — | 60.8 | 69.5 | ||||||||||||
*Excludes capital leases. | ||||||||||||||||
The fair value of our investment in CyrusOne was based on the closing market price of CyrusOne's common stock on December 31, 2013. This fair value measurement is considered Level 1 of the fair value hierarchy. | ||||||||||||||||
The fair value of debt instruments was based on closing or estimated market prices of the Company’s debt at December 31, 2013 and 2012, which is considered Level 2 of the fair value hierarchy. | ||||||||||||||||
As of January 24, 2013, upon completion of the IPO of CyrusOne, we no longer consolidate CyrusOne. Therefore, the other financing arrangements related to CyrusOne are no longer accounted for in our consolidated financial statements. As of December 31, 2012, the fair value of other financing arrangements was calculated using a discounted cash flow model that incorporates current borrowing rates for obligations of similar duration, which is considered Level 3 of the fair value hierarchy. As of December 31, 2012, the current borrowing rate was estimated by applying CyrusOne's credit spread to the risk-free rate for a similar duration borrowing. | ||||||||||||||||
Non-Recurring Fair Value Measurements | ||||||||||||||||
Certain long-lived assets, intangibles, and goodwill are required to be measured at fair value on a non-recurring basis subsequent to their initial measurement. These non-recurring fair value measurements generally occur when evidence of impairment has occurred. In 2013, no assets were remeasured at fair value. | ||||||||||||||||
During 2012, the following assets were remeasured at fair value in connection with impairment tests: | ||||||||||||||||
Fair Value Measurements Using | ||||||||||||||||
(dollars in millions) | Year Ended | Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Impairment Losses | |||||||||||
31-Dec-12 | ||||||||||||||||
Customer relationship intangible | 2.8 | — | — | 2.8 | (1.5 | ) | ||||||||||
Property: | ||||||||||||||||
Leasehold improvements | 2.4 | — | — | 2.4 | (11.8 | ) | ||||||||||
Network equipment | 0.4 | — | — | 0.4 | (0.5 | ) | ||||||||||
Other | — | — | — | — | (0.4 | ) | ||||||||||
Impairment of assets | (14.2 | ) | ||||||||||||||
In 2012, the customer relationship intangible obtained in the GramTel acquisition was deemed impaired. The fair value of this asset was estimated at $2.8 million, resulting in an impairment loss of $1.5 million. The fair value of this asset was estimated by management with the assistance of a third-party valuation specialist. Management estimated the fair value using the income approach, which discounted the expected future earnings attributable to the acquired customer contracts, and included estimates of future expenses, capital expenditures and a discount rate of 12%. This fair value measurement is considered a Level 3 measurement due to the significance of its unobservable inputs. | ||||||||||||||||
In addition, certain leasehold improvements at data centers acquired in the GramTel acquisition were deemed impaired. Prior to recognizing the impairment, these assets had a net book value of $14.2 million as of June, 30, 2012. The fair value of the assets was written down to the estimated fair value of $2.4 million, resulting in an impairment loss of $11.8 million. The fair value of these assets was estimated by management with the assistance of a third-party valuation specialist. Management estimated the fair value using an income approach. Projected discounted cash flows utilized under the income approach included estimates regarding future revenues and expenses, projected capital expenditures and a discount rate of 12%. This fair value measurement is considered a Level 3 measurement due to the significance of its unobservable inputs. | ||||||||||||||||
In 2012, property associated with an out-of-territory fiber network was deemed impaired. The fair value of this asset was estimated at $0.4 million, resulting in an impairment loss of $0.5 million. Management estimated the fair value using an income approach. Projected discounted cash flows utilized under the income approach included estimates regarding future revenues and expenses, projected capital expenditures and a discount rate of 12%. This fair value measurement is considered a Level 3 measurement due to the significance of its unobservable inputs. In addition, properties associated with abandoned assets having no resale market were deemed impaired, resulting in an impairment loss of $0.4 million. |
Restructuring_Charges
Restructuring Charges | 12 Months Ended | |||||||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||||||
Restructuring Charges [Abstract] | ' | |||||||||||||||||||||||
Restructuring Charges [Text Block] | ' | |||||||||||||||||||||||
Restructuring Charges | ||||||||||||||||||||||||
Restructuring liabilities have been established for employee separations, lease abandonment and contract terminations. A summary of activity in the restructuring liability is shown below: | ||||||||||||||||||||||||
(dollars in millions) | Employee | Lease | Contract Terminations | Total | ||||||||||||||||||||
Separation | Abandonment | |||||||||||||||||||||||
Balance as of December 31, 2010 | $ | 11.7 | $ | 7.2 | $ | 1.4 | $ | 20.3 | ||||||||||||||||
Charges | 8 | 2.5 | 1.7 | 12.2 | ||||||||||||||||||||
Utilizations | (5.5 | ) | (1.6 | ) | (1.4 | ) | (8.5 | ) | ||||||||||||||||
Balance as of December 31, 2011 | $ | 14.2 | $ | 8.1 | $ | 1.7 | $ | 24 | ||||||||||||||||
Charges | 2.5 | 0.9 | — | 3.4 | ||||||||||||||||||||
Utilizations | (8.9 | ) | (3.5 | ) | (1.5 | ) | (13.9 | ) | ||||||||||||||||
Balance as of December 31, 2012 | $ | 7.8 | $ | 5.5 | $ | 0.2 | $ | 13.5 | ||||||||||||||||
Charges | 9 | 4.1 | 0.6 | 13.7 | ||||||||||||||||||||
Utilizations | (7.1 | ) | (3.6 | ) | (0.7 | ) | (11.4 | ) | ||||||||||||||||
Balance as of December 31, 2013 | $ | 9.7 | $ | 6 | $ | 0.1 | $ | 15.8 | ||||||||||||||||
Employee separation costs consist of severance to be paid pursuant to the Company's written severance plan and certain management contracts. In 2013, employee separation costs also included consulting fees related to a workforce optimization initiative. In 2012, a voluntary termination program was offered to certain Wireline call center employees and included in employee separation costs. Severance payments are expected to be paid through 2015. | ||||||||||||||||||||||||
Lease abandonment costs represent future minimum lease obligations, net of expected sublease income, for abandoned facilities. Lease payments on abandoned facilities will continue through 2018. | ||||||||||||||||||||||||
In 2013, contract terminations consist of amounts due to a distributor to terminate a contractual agreement. In 2011, contract terminations consist of amounts due to distributors to terminate their contractual agreements and to telecommunication carriers to cancel circuits. Contract terminations are expected to be paid in 2014. | ||||||||||||||||||||||||
A summary of restructuring activity by business segment is presented below: | ||||||||||||||||||||||||
(dollars in millions) | Wireline | Wireless | IT Services and Hardware | Data Center Colocation | Corporate | Total | ||||||||||||||||||
Balance as of December 31, 2010 | $ | 12.8 | $ | 1 | $ | 1.3 | $ | 1.4 | $ | 3.8 | $ | 20.3 | ||||||||||||
Charges | 7.7 | — | 1.9 | — | 2.6 | 12.2 | ||||||||||||||||||
Utilizations | (5.4 | ) | (0.3 | ) | (0.7 | ) | (1.4 | ) | (0.7 | ) | (8.5 | ) | ||||||||||||
Balance as of December 31, 2011 | $ | 15.1 | $ | 0.7 | $ | 2.5 | $ | — | $ | 5.7 | $ | 24 | ||||||||||||
Charges/(Reversals) | 3.5 | 1.6 | (1.2 | ) | 0.5 | (1.0 | ) | 3.4 | ||||||||||||||||
Utilizations | (10.0 | ) | (0.7 | ) | (0.8 | ) | (0.5 | ) | (1.9 | ) | (13.9 | ) | ||||||||||||
Balance as of December 31, 2012 | $ | 8.6 | $ | 1.6 | $ | 0.5 | $ | — | $ | 2.8 | $ | 13.5 | ||||||||||||
Charges | 9.1 | 0.2 | 0.7 | — | 3.7 | 13.7 | ||||||||||||||||||
Utilizations | (7.2 | ) | (0.3 | ) | (0.4 | ) | — | (3.5 | ) | (11.4 | ) | |||||||||||||
Balance as of December 31, 2013 | $ | 10.5 | $ | 1.5 | $ | 0.8 | $ | — | $ | 3 | $ | 15.8 | ||||||||||||
At December 31, 2013 and 2012, $7.8 million and $5.8 million, respectively, of the restructuring liabilities were included in “Other current liabilities,” and $8.0 million and $7.7 million, respectively, were included in "Other noncurrent liabilities," in the Consolidated Balance Sheets. |
Pension_and_Postretirement_Pla
Pension and Postretirement Plans | 12 Months Ended | |||||||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||||||
General Discussion of Pension and Other Postretirement Benefits [Abstract] | ' | |||||||||||||||||||||||
Pension and Postretirement Plans [Text Block] | ' | |||||||||||||||||||||||
Pension and Postretirement Plans | ||||||||||||||||||||||||
Savings Plans | ||||||||||||||||||||||||
The Company sponsors several defined contribution plans covering substantially all employees. The Company's contributions to the plans are based on matching a portion of the employee contributions. Both employer and employee contributions are invested in various investment funds at the direction of the employee. Employer contributions to the defined contribution plans were $6.6 million, $6.9 million, and $6.4 million in 2013, 2012, and 2011, respectively. | ||||||||||||||||||||||||
Pension and Postretirement Plans | ||||||||||||||||||||||||
The Company sponsors three noncontributory defined benefit pension plans: one for eligible management employees, one for non-management employees, and one supplemental, nonqualified, unfunded plan for certain former senior executives. The management pension plan is a cash balance plan in which the pension benefit is determined by a combination of compensation-based credits and annual guaranteed interest credits. The non-management pension plan is also a cash balance plan in which the combination of service and job-classification-based credits and annual interest credits determine the pension benefit. Benefits for the supplemental plan are based on eligible pay, adjusted for age and service upon retirement. We fund both the management and non-management plans in an irrevocable trust through contributions, which are determined using the traditional unit credit cost method. We also use the traditional unit credit cost method for determining pension cost for financial reporting purposes. Pension plan amendments were approved in May 2013, and the Company remeasured the associated pension obligations. As a result of the pension plan amendment, the Company recorded a curtailment gain of $0.6 million and a $10.3 million reduction to the associated pension obligations in the three months ended June 30, 2013. Effective January 1, 2012, future pension service credits were eliminated for certain non-management employees which resulted in a remeasurement of the projected benefit obligations for this plan. In 2011, a curtailment loss of $4.2 million was recognized upon remeasurement. | ||||||||||||||||||||||||
The Company also provides healthcare and group life insurance benefits for eligible retirees. We fund healthcare benefits and other group life insurance benefits using Voluntary Employee Benefit Association ("VEBA") trusts. It is our practice to fund amounts as deemed appropriate from time to time. Contributions are subject to Internal Revenue Service ("IRS") limitations developed using the traditional unit credit cost method. The actuarial expense calculation for our postretirement health plan is based on numerous assumptions, estimates, and judgments including healthcare cost trend rates and cost sharing with retirees. Retiree healthcare benefits are being phased out for both management and certain retirees. In August 2013, several amendments to the postretirement plan required a remeasurement of the associated benefit obligations. As a result, the Company recorded a $26.1 million reduction to the postretirement liability in the third quarter of 2013. | ||||||||||||||||||||||||
Components of Net Periodic Cost | ||||||||||||||||||||||||
The following information relates to noncontributory defined benefit pension plans, postretirement healthcare plans, and life insurance benefit plans. Approximately 10% in 2013, 11% in 2012, and 7% in 2011 of these costs were capitalized to property, plant and equipment related to network construction in the Wireline segment. Pension and postretirement benefit costs for these plans were comprised of: | ||||||||||||||||||||||||
Pension Benefits | Postretirement and Other Benefits | |||||||||||||||||||||||
(dollars in millions) | 2013 | 2012 | 2011 | 2013 | 2012 | 2011 | ||||||||||||||||||
Service cost | $ | 2.1 | $ | 2.6 | $ | 5.1 | $ | 0.4 | $ | 0.5 | $ | 0.3 | ||||||||||||
Interest cost on projected benefit obligation | 18.8 | 21.3 | 24.8 | 4 | 5.6 | 7.1 | ||||||||||||||||||
Expected return on plan assets | (25.7 | ) | (26.1 | ) | (29.3 | ) | — | — | — | |||||||||||||||
Amortization of: | ||||||||||||||||||||||||
Prior service cost (benefit) | 0.2 | 0.1 | 0.3 | (14.1 | ) | (13.2 | ) | (13.2 | ) | |||||||||||||||
Actuarial loss | 22 | 19.4 | 14.3 | 5.6 | 6.8 | 6.5 | ||||||||||||||||||
Curtailment (gain) loss | (0.6 | ) | — | 4.2 | — | — | — | |||||||||||||||||
Pension/postretirement costs | $ | 16.8 | $ | 17.3 | $ | 19.4 | $ | (4.1 | ) | $ | (0.3 | ) | $ | 0.7 | ||||||||||
The following are the weighted-average assumptions used in measuring the net periodic cost of the pension and postretirement benefits: | ||||||||||||||||||||||||
Pension Benefits | Postretirement and Other Benefits | |||||||||||||||||||||||
2013 | 2012 | 2011 | 2013 | 2012 | 2011 | |||||||||||||||||||
Discount rate | 3.3 | % | * | 3.9 | % | 4.9 | % | 3.4 | % | ** | 3.6 | % | 4.5 | % | ||||||||||
Expected long-term rate of return | 7.75 | % | 7.75 | % | 8.25 | % | 0 | % | 0 | % | 0 | % | ||||||||||||
Future compensation growth rate | 3 | % | 3 | % | 3 | % | — | — | — | |||||||||||||||
* Discount rate used for the remeasurement of the management pension plan was consistent with the discount rate previously established. | ||||||||||||||||||||||||
** For the period January 1, 2013 through July 31, 2013, the date of the remeasurement, we used a 3.10% discount rate. From that date through the end of the year, we used a 3.90% discount rate. | ||||||||||||||||||||||||
The expected long-term rate of return on plan assets, developed using the building block approach, is based on the mix of investments held directly by the plans and the current view of expected future returns, which is influenced by historical averages. Changes in actual asset return experience and discount rate assumptions can impact the Company’s operating results, financial position and cash flows. | ||||||||||||||||||||||||
Benefit Obligation and Funded Status | ||||||||||||||||||||||||
Changes in the plans' benefit obligations and funded status are as follows: | ||||||||||||||||||||||||
Postretirement and Other Benefits | ||||||||||||||||||||||||
Pension Benefits | ||||||||||||||||||||||||
(dollars in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||
Change in benefit obligation: | ||||||||||||||||||||||||
Benefit obligation at January 1, | $ | 584.9 | $ | 569.2 | $ | 152.4 | $ | 164.9 | ||||||||||||||||
Service cost | 2.1 | 2.6 | 0.4 | 0.5 | ||||||||||||||||||||
Interest cost | 18.8 | 21.3 | 4 | 5.6 | ||||||||||||||||||||
Prior service credit | — | — | (17.4 | ) | — | |||||||||||||||||||
Actuarial (gain) loss | (38.2 | ) | 30.6 | (19.6 | ) | 2.2 | ||||||||||||||||||
Benefits paid | (44.6 | ) | (38.8 | ) | (23.9 | ) | (26.0 | ) | ||||||||||||||||
Retiree drug subsidy received | — | — | 0.5 | 0.6 | ||||||||||||||||||||
Early retiree subsidy refunded | — | — | — | (0.1 | ) | |||||||||||||||||||
Other | — | — | 5.1 | 4.7 | ||||||||||||||||||||
Benefit obligation at December 31, | $ | 523 | $ | 584.9 | $ | 101.5 | $ | 152.4 | ||||||||||||||||
Change in plan assets: | ||||||||||||||||||||||||
Fair value of plan assets at January 1, | $ | 343.8 | $ | 312.5 | $ | 11.7 | $ | 12.1 | ||||||||||||||||
Actual return on plan assets | 55.1 | 44.2 | 0.4 | 0.4 | ||||||||||||||||||||
Employer contributions | 45 | 25.9 | 22.6 | 24.7 | ||||||||||||||||||||
Retiree drug subsidy received | — | — | 0.5 | 0.6 | ||||||||||||||||||||
Early retiree subsidy refunded | — | — | — | (0.1 | ) | |||||||||||||||||||
Benefits paid | (44.6 | ) | (38.8 | ) | (23.9 | ) | (26.0 | ) | ||||||||||||||||
Fair value of plan assets at December 31, | 399.3 | 343.8 | 11.3 | 11.7 | ||||||||||||||||||||
Unfunded status | $ | (123.7 | ) | $ | (241.1 | ) | $ | (90.2 | ) | $ | (140.7 | ) | ||||||||||||
The following are the weighted-average assumptions used in accounting for and measuring the projected benefit obligations: | ||||||||||||||||||||||||
Pension Benefits | Postretirement and Other Benefits | |||||||||||||||||||||||
December 31, | December 31, | |||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||
Discount rate | 4.2 | % | 3.3 | % | 4.1 | % | 3.1 | % | ||||||||||||||||
Expected long-term rate of return | 7.75 | % | 7.75 | % | 0 | % | 0 | % | ||||||||||||||||
Future compensation growth rate | — | 3 | % | — | — | |||||||||||||||||||
The assumed healthcare cost trend rate used to measure the postretirement health benefit obligation is shown below: | ||||||||||||||||||||||||
December 31, | ||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||
Healthcare cost trend | 6.5 | % | 6.5 | % | ||||||||||||||||||||
Rate to which the cost trend is assumed to decline (ultimate trend rate) | 4.5 | % | 4.5 | % | ||||||||||||||||||||
Year the rates reach the ultimate trend rate | 2017 | 2016 | ||||||||||||||||||||||
A one-percentage point change in assumed healthcare cost trend rates would have the following effect on the postretirement benefit costs and obligation: | ||||||||||||||||||||||||
(dollars in millions) | 1% Increase | 1% Decrease | ||||||||||||||||||||||
Service and interest costs for 2013 | $ | 0.2 | $ | (0.2 | ) | |||||||||||||||||||
Postretirement benefit obligation at December 31, 2013 | 4.7 | (4.2 | ) | |||||||||||||||||||||
The projected benefit obligation is recognized in the Consolidated Balance Sheets as follows: | ||||||||||||||||||||||||
Pension Benefits | Postretirement and Other Benefits | |||||||||||||||||||||||
December 31, | December 31, | |||||||||||||||||||||||
(dollars in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||
Accrued payroll and benefits (current liability) | $ | 2.1 | $ | 1.7 | $ | 12.7 | $ | 21.4 | ||||||||||||||||
Pension and postretirement benefit obligations (noncurrent liability) | 121.6 | 239.4 | 77.5 | 119.3 | ||||||||||||||||||||
Total | $ | 123.7 | $ | 241.1 | $ | 90.2 | $ | 140.7 | ||||||||||||||||
Amounts recognized in "Accumulated other comprehensive loss" in the Consolidated Balance Sheets which have not yet been recognized in net pension costs consisted of the following: | ||||||||||||||||||||||||
Postretirement and Other Benefits | ||||||||||||||||||||||||
Pension Benefits | ||||||||||||||||||||||||
December 31, | December 31, | |||||||||||||||||||||||
(dollars in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||
Prior service (cost) benefit, net of tax of $0.3, $0.2, $(26.8), $(26.0) | $ | (0.6 | ) | $ | (0.3 | ) | $ | 48.4 | $ | 45.9 | ||||||||||||||
Actuarial loss, net of tax of $77.2, $109.0, $26.6, $35.6 | (134.8 | ) | (192.5 | ) | (46.1 | ) | (62.7 | ) | ||||||||||||||||
Total | $ | (135.4 | ) | $ | (192.8 | ) | $ | 2.3 | $ | (16.8 | ) | |||||||||||||
Amounts recognized in "Accumulated other comprehensive loss" on the Consolidated Statements of Shareowners’ Deficit and the Consolidated Statements of Comprehensive Income (Loss) are shown below: | ||||||||||||||||||||||||
Pension Benefits | Postretirement and Other Benefits | |||||||||||||||||||||||
(dollars in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||
Prior service cost recognized: | ||||||||||||||||||||||||
Reclassification adjustments | $ | (0.4 | ) | $ | 0.1 | $ | (14.1 | ) | $ | (13.2 | ) | |||||||||||||
Prior service credit | — | — | 17.4 | — | ||||||||||||||||||||
Actuarial loss recognized: | ||||||||||||||||||||||||
Reclassification adjustments | 22 | 19.4 | 5.6 | 6.8 | ||||||||||||||||||||
Actuarial loss arising during the period | 67.5 | (12.5 | ) | 20 | (1.8 | ) | ||||||||||||||||||
The following amounts currently included in "Accumulated other comprehensive loss" are expected to be recognized in 2014 as a component of net periodic pension and postretirement cost: | ||||||||||||||||||||||||
Pension Benefits | Postretirement and Other Benefits | |||||||||||||||||||||||
(dollars in millions) | ||||||||||||||||||||||||
Prior service cost (benefit) | $ | 0.2 | $ | (15.4 | ) | |||||||||||||||||||
Actuarial loss | 16.7 | 5.2 | ||||||||||||||||||||||
Total | $ | 16.9 | $ | (10.2 | ) | |||||||||||||||||||
Plan Assets, Investment Policies and Strategies | ||||||||||||||||||||||||
The primary investment objective for the trusts holding the assets of the pension and postretirement plans is preservation of capital with a reasonable amount of long-term growth and income without undue exposure to risk. This is provided by a balanced strategy using fixed income and equity securities. The target allocations for the pension plan assets are 61% equity securities, 33% investment grade fixed income securities and 6% in pooled real estate funds. Equity securities are primarily held in the form of passively managed funds that seek to track the performance of a benchmark index. Equity securities include investments in growth and value common stocks of companies located in the United States, which represents approximately 78% of the equity securities held by the pension plans at December 31, 2013 as well as stock of international companies located in both developed and emerging markets around the world. Fixed income securities primarily include holdings of funds, which generally invest in a variety of intermediate and long-term investment grade corporate bonds from diversified industries. The postretirement plan assets are currently invested in a group insurance contract. | ||||||||||||||||||||||||
The fair values of the pension and postretirement plan assets at December 31, 2013 and 2012 by asset category are as follows: | ||||||||||||||||||||||||
(dollars in millions) | December 31, 2013 | Quoted Prices | Significant | Significant | ||||||||||||||||||||
in active | observable | unobservable | ||||||||||||||||||||||
markets | inputs | inputs | ||||||||||||||||||||||
Level 1 | Level 2 | Level 3 | ||||||||||||||||||||||
Mutual funds | ||||||||||||||||||||||||
U.S. equity index funds | $ | 201.4 | $ | 201.4 | $ | — | $ | — | ||||||||||||||||
International equity index funds | 57 | 57 | — | — | ||||||||||||||||||||
Fixed income bond funds | 109.8 | 109.8 | — | — | ||||||||||||||||||||
Fixed income short-term money market funds | 0.3 | 0.3 | — | — | ||||||||||||||||||||
Real estate pooled funds | 30.8 | — | — | 30.8 | ||||||||||||||||||||
Group insurance contract | 11.3 | — | — | 11.3 | ||||||||||||||||||||
Total | $ | 410.6 | $ | 368.5 | $ | — | $ | 42.1 | ||||||||||||||||
(dollars in millions) | December 31, 2012 | Quoted Prices | Significant | Significant | ||||||||||||||||||||
in active | observable | unobservable | ||||||||||||||||||||||
markets | inputs | inputs | ||||||||||||||||||||||
Level 1 | Level 2 | Level 3 | ||||||||||||||||||||||
Mutual funds | ||||||||||||||||||||||||
U.S. equity index funds | $ | 163.3 | $ | 163.3 | $ | — | $ | — | ||||||||||||||||
International equity index funds | 49.8 | 49.8 | — | — | ||||||||||||||||||||
Fixed income bond funds | 102.9 | 102.9 | — | — | ||||||||||||||||||||
Real estate pooled funds | 27.8 | — | — | 27.8 | ||||||||||||||||||||
Group insurance contract | 11.7 | — | — | 11.7 | ||||||||||||||||||||
Total | $ | 355.5 | $ | 316 | $ | — | $ | 39.5 | ||||||||||||||||
The fair values of Level 1 investments are based on quoted prices in active markets. The fair values of Level 2 investments, which consist of funds that hold securities in active markets, are determined based on the net asset value as reported by the fund manager. | ||||||||||||||||||||||||
The Level 3 investments consist of real estate pooled funds and a group insurance contract. The real estate pooled funds are valued at the net asset values disclosed by the fund managers, which are based on estimated fair values of the real estate investments using independent appraisal. The group insurance contract is valued at contract value plus accrued interest, which approximates fair value. | ||||||||||||||||||||||||
The real estate pooled funds invest primarily in commercial real estate and include mortgage loans which are backed by the associated properties. These investments are sensitive to changes in commercial real estate market values. They focus on properties that return both lease income and appreciation of the buildings’ marketable value. In estimating fair value of the investments in level 3, the fund managers use independent appraisers. The generally accepted method used in the valuation of real estate are the income, cost and sales comparison approaches of estimating property value. Key inputs and assumptions used to determine fair value include among others, rental revenue and expense amounts and related revenue and expense growth rates, terminal capitalization rates and discount rates. In the event that total withdrawal requests exceed the total cash available to honor such requests, available cash will be pro-rated among those contract-holders eligible for withdrawals. | ||||||||||||||||||||||||
The Level 3 investments had the following changes in 2013 and 2012: | ||||||||||||||||||||||||
Pension | Postretirement and Other Benefits | |||||||||||||||||||||||
(dollars in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||
Balance, beginning of year | $ | 27.8 | $ | 25.5 | $ | 11.7 | $ | 12.1 | ||||||||||||||||
Realized gains, net | 1 | 1 | 0.4 | 0.4 | ||||||||||||||||||||
Unrealized gains, net | 2.7 | 1.8 | — | — | ||||||||||||||||||||
Purchases, sales, issuances and settlements, net | (0.7 | ) | (0.5 | ) | (0.8 | ) | (0.8 | ) | ||||||||||||||||
Balance, end of year | $ | 30.8 | $ | 27.8 | $ | 11.3 | $ | 11.7 | ||||||||||||||||
Contributions to our qualified pension plans were $42.1 million in 2013, $23.9 million in 2012, and $18.1 million in 2011. Contributions to our non-qualified pension plan were $2.9 million in 2013 and $2.0 million in 2012 and 2011, respectively. | ||||||||||||||||||||||||
Based on current assumptions, management believes it will make contributions of approximately $33 million to the qualified pension plan in 2014. Contributions to non-qualified pension plans in 2014 are expected to be approximately $2 million. Management expects to make cash payments of approximately $13 million related to its postretirement health plans in 2014. | ||||||||||||||||||||||||
Estimated Future Benefit Payments | ||||||||||||||||||||||||
The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid over the next ten years: | ||||||||||||||||||||||||
(dollars in millions) | Pension | Postretirement | Medicare | |||||||||||||||||||||
Benefits | and Other | Subsidy | ||||||||||||||||||||||
Benefits | Receipts | |||||||||||||||||||||||
2014 | $ | 42 | $ | 13.4 | $ | (0.7 | ) | |||||||||||||||||
2015 | 41 | 12.3 | (0.6 | ) | ||||||||||||||||||||
2016 | 41.7 | 11.1 | (0.6 | ) | ||||||||||||||||||||
2017 | 41.6 | 10 | (0.5 | ) | ||||||||||||||||||||
2018 | 40.7 | 9 | (0.5 | ) | ||||||||||||||||||||
Years 2019 - 2023 | 184.6 | 32.3 | (1.9 | ) | ||||||||||||||||||||
Shareowners_Deficit
Shareowners' Deficit | 12 Months Ended | |||||||||||
Dec. 31, 2013 | ||||||||||||
Shareowners' Deficit [Abstract] | ' | |||||||||||
Stockholders' Equity Note Disclosure [Text Block] | ' | |||||||||||
Shareowners’ Deficit | ||||||||||||
Common Shares | ||||||||||||
The par value of the Company’s common shares is $0.01 per share. At December 31, 2013 and 2012, common shares outstanding were 208,165,275 and 202,468,710, respectively. | ||||||||||||
In 2010, the Board of Directors approved a plan for repurchase of up to $150 million of the Company's common shares. In 2013, no shares were repurchased or retired under this plan. In 2012, no shares were repurchased under this plan and the Company retired 0.1 million shares of common stock. In 2011, we purchased 3.4 million shares at a cost of $10.8 million and retired 3.3 million shares. As of December 31, 2013, the Company has the authority to repurchase $129.2 million of its common stock. | ||||||||||||
At December 31, 2013 and 2012, treasury shares of common stock held under certain management deferred compensation arrangements were 0.5 million, with a total cost of $2.0 million. | ||||||||||||
Preferred Shares | ||||||||||||
The Company is authorized to issue 1,357,299 shares of voting preferred stock without par value and 1,000,000 shares of nonvoting preferred stock without par value. The Company issued 155,250 voting shares of 6 3/4% cumulative convertible preferred stock at stated value. These shares were subsequently deposited into a trust in which the underlying 155,250 shares are equivalent to 3,105,000 depositary shares. Shares of this preferred stock can be converted at any time at the option of the holder into common stock of the Company at a conversion rate of 1.44 shares of the Company common stock per depositary share of 6 3/4% convertible preferred stock. Annual dividends of $67.50 per share (or $3.3752 per depositary share) on the outstanding 6 3/4% convertible preferred stock are payable quarterly in arrears in cash, or in common stock in certain circumstances if cash payment is not legally permitted. The liquidation preference on the 6 3/4% preferred stock is $1,000 per share (or $50 per depositary share). The Company paid $10.4 million in preferred stock dividends in 2013, 2012, and 2011. | ||||||||||||
Warrants | ||||||||||||
In March 2003, the Company entered into a series of recapitalization transactions which included the issuance of 17.5 million warrants that expired on March 26, 2013. Each warrant allowed the holder to purchase one share of Cincinnati Bell common stock at an exercise price of $3.00 each. During the first quarter of 2013, warrant holders elected to exercise a total of 14.3 million warrants, leaving no remaining warrants outstanding as of December 31, 2013. As a result, the Company issued a total of 4.4 million shares of common stock and received $5.1 million of cash proceeds for the 1.7 million of such warrants which were cash settled. During 2012, warrant holders elected to exercise a total of 3.2 million warrants, primarily on a cashless basis, and received a total of 1.5 million shares of common stock. Cash proceeds received upon exercise were $0.1 million. There were no warrants exercised during 2011. | ||||||||||||
Accumulated Other Comprehensive Loss | ||||||||||||
Shareowners’ deficit includes an accumulated other comprehensive loss that is comprised of pension and postretirement unrecognized prior service cost and unrecognized actuarial losses, and foreign currency translation losses. | ||||||||||||
For the year ended December 31, 2013, the changes in accumulated other comprehensive loss by component were as follows: | ||||||||||||
(dollars in millions) | Unrecognized Net Periodic Pension and Postretirement Benefit Cost | Foreign Currency Translation Loss | Total | |||||||||
Balance as of December 31, 2012 | $ | (209.6 | ) | $ | (0.1 | ) | $ | (209.7 | ) | |||
Foreign currency loss | — | (0.1 | ) | (0.1 | ) | |||||||
Remeasurement of benefit obligations | 56.8 | — | 56.8 | |||||||||
Net prior service credit | 11.3 | — | 11.3 | |||||||||
Reclassifications, net | 8.4 | (a) | — | 8.4 | ||||||||
Balance as of December 31, 2013 | $ | (133.1 | ) | $ | (0.2 | ) | $ | (133.3 | ) | |||
(a) These reclassifications are included in the components of net period pension and postretirement benefit costs (see Note 11 for additional details). The components of net period pension and postretirement benefit cost are reported within "Cost of services", "Cost of products sold", and "Selling, general and administrative" expenses on the Consolidated Statements of Operations. |
Income_Taxes
Income Taxes | 12 Months Ended | |||||||||||
Dec. 31, 2013 | ||||||||||||
Income Tax Provision (Benefit) Charged to Continuing Operations, Accumulated Other Comprehensive Income (Loss) or Additional Paid-In Capital [Abstract] | ' | |||||||||||
Income Taxes [Text Block] | ' | |||||||||||
Income Taxes | ||||||||||||
Income tax expense consists of the following: | ||||||||||||
Year Ended December 31, | ||||||||||||
(dollars in millions) | 2013 | 2012 | 2011 | |||||||||
Current: | ||||||||||||
Federal | $ | — | $ | 1.8 | $ | — | ||||||
State and local | — | 1.6 | 0.4 | |||||||||
Total current | — | 3.4 | 0.4 | |||||||||
Investment tax credits | (0.2 | ) | (0.3 | ) | (0.3 | ) | ||||||
Deferred: | ||||||||||||
Federal | (13.0 | ) | 21.8 | 24.3 | ||||||||
State and local | (3.7 | ) | 2 | 3.4 | ||||||||
Foreign | 0.3 | (0.5 | ) | 0.1 | ||||||||
Total deferred | (16.4 | ) | 23.3 | 27.8 | ||||||||
Valuation allowance | 14.1 | (1.7 | ) | (2.9 | ) | |||||||
Total | $ | (2.5 | ) | $ | 24.7 | $ | 25 | |||||
The following is a reconciliation of the statutory federal income tax rate with the effective tax rate for each year: | ||||||||||||
Year Ended December 31, | ||||||||||||
2013 | 2012 | 2011 | ||||||||||
U.S. federal statutory rate | 35 | % | 35 | % | 35 | % | ||||||
State and local income taxes, net of federal income tax | 1.5 | 3.9 | 2.9 | |||||||||
Change in valuation allowance, net of federal income tax | (15.8 | ) | (2.3 | ) | (4.4 | ) | ||||||
State net operating loss adjustments | 2.7 | 3.7 | 2.7 | |||||||||
Nondeductible interest expense | (11.4 | ) | 18.1 | 15 | ||||||||
Unrecognized tax benefit changes | (2.1 | ) | 2.2 | 2.8 | ||||||||
Nondeductible compensation | (2.5 | ) | 2.7 | 2.1 | ||||||||
Foreign | (0.7 | ) | 3.5 | 0.1 | ||||||||
Other differences, net | (2.3 | ) | 2 | 1.1 | ||||||||
Effective tax rate | 4.4 | % | 68.8 | % | 57.3 | % | ||||||
The income tax (benefit) provision was charged to continuing operations, accumulated other comprehensive income (loss) or additional paid-in capital as follows: | ||||||||||||
Year Ended December 31, | ||||||||||||
(dollars in millions) | 2013 | 2012 | 2011 | |||||||||
Income tax (benefit) provision related to: | ||||||||||||
Continuing operations | $ | (2.5 | ) | $ | 24.7 | $ | 25 | |||||
Accumulated other comprehensive income (loss) | 42.1 | (0.4 | ) | (26.5 | ) | |||||||
Excess tax benefits on stock option exercises | (0.5 | ) | (2.4 | ) | — | |||||||
The components of our deferred tax assets and liabilities are as follows: | ||||||||||||
December 31, | ||||||||||||
(dollars in millions) | 2013 | 2012 | ||||||||||
Deferred tax assets: | ||||||||||||
Net operating loss carryforwards | $ | 452.3 | $ | 410.8 | ||||||||
Pension and postretirement benefits | 81.9 | 144.6 | ||||||||||
Equity method investment in CyrusOne | 41.5 | — | ||||||||||
Other | 63.2 | 69.9 | ||||||||||
Total deferred tax assets | 638.9 | 625.3 | ||||||||||
Valuation allowance | (68.3 | ) | (56.8 | ) | ||||||||
Total deferred tax assets, net of valuation allowance | $ | 570.6 | $ | 568.5 | ||||||||
Deferred tax liabilities: | ||||||||||||
Property, plant and equipment | $ | 171.8 | $ | 125.1 | ||||||||
Federal deferred liability on state deferred tax assets | 3.5 | 7.2 | ||||||||||
Other | 0.3 | 1.6 | ||||||||||
Total deferred tax liabilities | 175.6 | 133.9 | ||||||||||
Net deferred tax assets | $ | 395 | $ | 434.6 | ||||||||
As of December 31, 2013, the Company had approximately $1.1 billion of federal tax operating loss carryforwards with a deferred tax asset value of $388.4 million, alternative minimum tax credit carryforwards of $16.5 million, state tax credits of $11.1 million, and $63.9 million in deferred tax assets related to state, local, and foreign tax operating loss carryforwards. The majority of the remaining tax loss carryforwards will generally expire between 2021 and 2023. U.S. tax laws limit the annual utilization of tax loss carryforwards of acquired entities. These limitations should not materially impact the utilization of the tax carryforwards. | ||||||||||||
The ultimate realization of the deferred income tax assets depends upon the Company’s ability to generate future taxable income during the periods in which basis differences and other deductions become deductible, and prior to the expiration of the net operating loss carryforwards. Due to its historical and future projected earnings, management believes it will utilize future federal deductions and available net operating loss carryforwards prior to their expiration. Management also concluded that it was more likely than not that certain state and foreign tax loss carryforwards would not be realized based upon the analysis described above and therefore provided a valuation allowance. | ||||||||||||
The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate is $23.5 million at December 31, 2013 and $22.3 million at December 31, 2012. We do not currently anticipate that the amount of unrecognized tax benefits will change significantly over the next year. Accrued interest and penalties on income tax uncertainties were immaterial as of December 31, 2013 and 2012. | ||||||||||||
A reconciliation of the unrecognized tax benefits is as follows: | ||||||||||||
Year Ended December 31, | ||||||||||||
(dollars in millions) | 2013 | 2012 | 2011 | |||||||||
Balance, beginning of year | $ | 22.8 | $ | 21.8 | $ | 20.5 | ||||||
Change in tax positions for the current year | 1.3 | 1.4 | 1.3 | |||||||||
Change in tax positions for prior years | — | (0.4 | ) | — | ||||||||
Balance, end of year | $ | 24.1 | $ | 22.8 | $ | 21.8 | ||||||
The Company and its subsidiaries file income tax returns in the U.S. federal jurisdiction, and various foreign, state and local jurisdictions. With a few exceptions, the Company is no longer subject to U.S. federal, state or local examinations for years before 2010. |
StockBased_Compensation_Plans
Stock-Based Compensation Plans | 12 Months Ended | |||||||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | |||||||||||||||||||||||
Stock-Based Compensation Plans [Text Block] | ' | |||||||||||||||||||||||
Stock-Based and Deferred Compensation Plans | ||||||||||||||||||||||||
The Company may grant stock options, stock appreciation rights, performance-based awards, and time-based restricted shares to officers and key employees under the 2007 Long Term Incentive Plan and stock options and restricted shares to directors under the 2007 Stock Option Plan for Non-Employee Directors. The maximum number of shares authorized under these plans is 19.0 million. Shares available for award under the plans at December 31, 2013 were 3.8 million. | ||||||||||||||||||||||||
Stock Options and Stock Appreciation Rights | ||||||||||||||||||||||||
Generally, the awards of stock options and stock appreciation rights fully vest three years from grant date and expire ten years from grant date. Beginning in 2012, some of the stock options and stock appreciation rights vested over a three year period based on the achievement of certain performance objectives. The Company generally issues new shares when options to purchase common shares or stock appreciation rights are exercised. The following table summarizes stock options and stock appreciation rights activity: | ||||||||||||||||||||||||
2013 | 2012 | 2011 | ||||||||||||||||||||||
Weighted- | Weighted- | Weighted- | ||||||||||||||||||||||
Average | Average | Average | ||||||||||||||||||||||
Exercise | Exercise | Exercise | ||||||||||||||||||||||
Price Per | Price Per | Price Per | ||||||||||||||||||||||
(in thousands, except per share amounts) | Shares | Share | Shares | Share | Shares | Share | ||||||||||||||||||
Outstanding at January 1, | 9,538 | $ | 4.04 | 14,152 | $ | 3.7 | 17,816 | $ | 5.55 | |||||||||||||||
Granted * | 595 | 4.75 | 994 | 3.41 | — | — | ||||||||||||||||||
Exercised | (804 | ) | 2.41 | (4,854 | ) | 2.8 | (292 | ) | 1.74 | |||||||||||||||
Forfeited | (361 | ) | 3.39 | (6 | ) | 2.91 | (261 | ) | 3.22 | |||||||||||||||
Expired | (2,840 | ) | 5.56 | (748 | ) | 4.87 | (3,111 | ) | 14.48 | |||||||||||||||
Outstanding at December 31, | 6,128 | $ | 3.66 | 9,538 | $ | 4.04 | 14,152 | $ | 3.7 | |||||||||||||||
Expected to vest at December 31, | 6,128 | $ | 3.66 | 9,538 | $ | 4.04 | 14,152 | $ | 3.7 | |||||||||||||||
Exercisable at December 31, | 5,064 | $ | 3.61 | 8,486 | $ | 4.13 | 13,047 | $ | 3.73 | |||||||||||||||
(dollars in millions) | ||||||||||||||||||||||||
Compensation expense for the year | $ | 0.6 | $ | 1.1 | $ | 0.9 | ||||||||||||||||||
Tax benefit related to compensation expense | $ | (0.2 | ) | $ | (0.4 | ) | $ | (0.3 | ) | |||||||||||||||
Intrinsic value of awards exercised | $ | 1.2 | $ | 10.6 | $ | 0.4 | ||||||||||||||||||
Cash received from awards exercised | $ | 2.4 | $ | 5.5 | $ | 0.4 | ||||||||||||||||||
Grant date fair value of awards vested | $ | 0.4 | $ | 0.5 | $ | 2.1 | ||||||||||||||||||
* Assumes the maximum number of awards that can be earned if the performance conditions are achieved. | ||||||||||||||||||||||||
The following table summarizes our outstanding and exercisable awards at December 31, 2013: | ||||||||||||||||||||||||
Outstanding | Exercisable | |||||||||||||||||||||||
Weighted- | Weighted- | |||||||||||||||||||||||
Average | Average | |||||||||||||||||||||||
Exercise | Exercise | |||||||||||||||||||||||
Price Per | Price Per | |||||||||||||||||||||||
(in thousands, except per share amounts) | Shares | Share | Shares | Share | ||||||||||||||||||||
$1.39 to $2.91 | 1,321 | $ | 2.06 | 1,321 | $ | 2.06 | ||||||||||||||||||
$3.28 to $4.00 | 2,915 | 3.66 | 2,234 | 3.74 | ||||||||||||||||||||
$4.06 to $5.53 | 1,890 | 4.78 | 1,507 | 4.79 | ||||||||||||||||||||
$5.65 to $6.75 | 2 | 5.66 | 2 | 5.66 | ||||||||||||||||||||
Total | 6,128 | $ | 3.66 | 5,064 | $ | 3.61 | ||||||||||||||||||
As of December 31, 2013, the aggregate intrinsic value for awards outstanding was approximately $2.2 million and for exercisable awards was $2.1 million. The weighted-average remaining contractual life for awards outstanding and exercisable are each approximately four years. As of December 31, 2013, there was $0.1 million of unrecognized stock compensation expense, which is expected to be recognized over a weighted-average period of approximately one year. | ||||||||||||||||||||||||
The fair values at the date of grant were estimated using the Black-Scholes pricing model with the following assumptions: | ||||||||||||||||||||||||
2013 | 2012 | 2011 | ||||||||||||||||||||||
Expected volatility | 43.6 | % | 43.5 | % | — | |||||||||||||||||||
Risk-free interest rate | 0.8 | % | 0.8 | % | — | |||||||||||||||||||
Expected holding period (in years) | 5 | 5 | — | |||||||||||||||||||||
Expected dividends | 0 | % | 0 | % | — | |||||||||||||||||||
Weighted-average grant date fair value | $ | 1.84 | $ | 1.32 | $ | — | ||||||||||||||||||
The Company did not grant any stock options or stock-settled appreciation rights in the year ended December 31, 2011. The expected volatility assumption used in the Black-Scholes pricing model was based on historical volatility. The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of grant. The expected holding period was estimated using the historical exercise behavior of employees and adjusted for abnormal activity. Expected dividends are based on the Company’s history of not paying dividends. | ||||||||||||||||||||||||
Performance-Based Restricted Awards | ||||||||||||||||||||||||
Awards granted generally vest over three years and upon the achievement of certain performance-based objectives. Performance-based awards are expensed based on their grant date fair value if it is probable that the performance conditions will be achieved. | ||||||||||||||||||||||||
The following table summarizes our outstanding performance-based restricted award activity: | ||||||||||||||||||||||||
2013 | 2012 | 2011 | ||||||||||||||||||||||
Weighted- | Weighted- | Weighted- | ||||||||||||||||||||||
Average | Average | Average | ||||||||||||||||||||||
Exercise | Exercise | Exercise | ||||||||||||||||||||||
Price Per | Price Per | Price Per | ||||||||||||||||||||||
(in thousands, except per share amounts) | Shares | Share | Shares | Share | Shares | Share | ||||||||||||||||||
Non-vested at January 1, | 1,687 | $ | 3.13 | 1,839 | $ | 2.9 | 2,641 | $ | 3.25 | |||||||||||||||
Granted* | 1,067 | 4.56 | 808 | 3.4 | 998 | 2.85 | ||||||||||||||||||
Vested | (703 | ) | 3.07 | (552 | ) | 2.85 | (479 | ) | 2.84 | |||||||||||||||
Forfeited | (514 | ) | 3.67 | (408 | ) | 2.79 | (1,321 | ) | 3.91 | |||||||||||||||
Non-vested at December 31, | 1,537 | $ | 3.97 | 1,687 | $ | 3.13 | 1,839 | $ | 2.9 | |||||||||||||||
(dollars in millions) | ||||||||||||||||||||||||
Compensation expense for the year | $ | 2.6 | $ | 2.7 | $ | 2.4 | ||||||||||||||||||
Tax benefit related to compensation expense | $ | (1.0 | ) | $ | (1.0 | ) | $ | (0.9 | ) | |||||||||||||||
Grant date fair value of awards vested | $ | 2.2 | $ | 1.6 | $ | 1.4 | ||||||||||||||||||
* Assumes the maximum number of awards that can be earned if the performance conditions are achieved. | ||||||||||||||||||||||||
As of December 31, 2013, unrecognized compensation expense related to performance-based awards was $1.6 million, which is expected to be recognized over a weighted-average period of approximately two years. | ||||||||||||||||||||||||
Time-Based Restricted Awards | ||||||||||||||||||||||||
Awards granted to employees generally vest in one-third increments over a period of three years. Awards granted to directors vest on the third anniversary of the grant date. The following table summarizes our time-based restricted award activity: | ||||||||||||||||||||||||
2013 | 2012 | 2011 | ||||||||||||||||||||||
Weighted- | Weighted- | Weighted- | ||||||||||||||||||||||
Average | Average | Average | ||||||||||||||||||||||
Exercise | Exercise | Exercise | ||||||||||||||||||||||
Price Per | Price Per | Price Per | ||||||||||||||||||||||
(in thousands, except per share amounts) | Shares | Share | Shares | Share | Shares | Share | ||||||||||||||||||
Non-vested at January 1, | 1,298 | $ | 3.11 | 872 | $ | 2.89 | 229 | $ | 3.36 | |||||||||||||||
Granted | 279 | 4.72 | 725 | 3.26 | 711 | 2.85 | ||||||||||||||||||
Vested | (454 | ) | 3.03 | (299 | ) | 2.83 | (45 | ) | 4.69 | |||||||||||||||
Forfeited | (79 | ) | 3.4 | — | — | (23 | ) | 3.03 | ||||||||||||||||
Non-vested at December 31, | 1,044 | $ | 3.55 | 1,298 | $ | 3.11 | 872 | $ | 2.89 | |||||||||||||||
(dollars in millions) | ||||||||||||||||||||||||
Compensation expense for the year | $ | 1.7 | $ | 1.5 | $ | 0.8 | ||||||||||||||||||
Tax benefit related to compensation expense | $ | (0.6 | ) | $ | (0.6 | ) | $ | (0.3 | ) | |||||||||||||||
Grant date fair value of awards vested | $ | 1.4 | $ | 0.8 | $ | 0.2 | ||||||||||||||||||
As of December 31, 2013, there was $1.7 million of unrecognized compensation expense related to these shares, which is expected to be recognized over a weighted-average period of approximately one year. | ||||||||||||||||||||||||
Cash Settled and Other Awards | ||||||||||||||||||||||||
The Company granted 531,000 and 789,000 cash-settled stock appreciation rights awards in 2012 and 2011, respectively, with grant date values of $0.8 million and $0.9 million, respectively. A Black-Scholes pricing model was utilized to determine the fair value of these awards at the date of grant. For awards granted in 2012 and 2011, the weighted-average fair value per share was $1.32 and $1.18, respectively. The final payments of these awards will be indexed to the percentage change in the Company’s stock price from the date of grant. At December 31, 2013, there was $0.1 million of unrecognized compensation, which is expected to be recognized over one year. The aggregate intrinsic value of outstanding and exercisable awards at December 31, 2013 was $0.9 million. | ||||||||||||||||||||||||
The Company also granted cash-payment performance awards in 2012 and 2011 with base awards of $2.3 million, and $1.0 million, respectively, with the final award payment indexed to the percentage change in the Company’s stock price from the date of grant. In 2013, we recorded a $0.2 million benefit related to these awards. In 2012 and 2011, we recorded expenses of $4.4 million and $1.8 million, respectively | ||||||||||||||||||||||||
Deferred Compensation Plans | ||||||||||||||||||||||||
The Company currently has deferred compensation plans for both the Board of Directors and certain executives of the Company. Under the directors deferred compensation plan, each director can defer receipt of all or a part of their director fees and annual retainers, which can be invested in various investment funds including the Company’s common stock. In years prior to 2012, the Company granted 6,000 phantom shares to each non-employee director on the first business day of each year, which are fully vested once a director has five years of service. No phantom shares were granted to non-employee directors in 2013. Distributions to the directors are generally in the form of cash. The executive deferred compensation plan allows for certain executives to defer a portion of their annual base pay, bonus, or stock awards. Under the executive deferred compensation plan, participants can elect to receive distributions in the form of either cash or common shares. | ||||||||||||||||||||||||
At December 31, 2013 and 2012, there were 0.7 million common shares deferred in these plans. As these awards can be settled in cash, we record compensation costs each period based on the change in the Company’s stock price. We recognized a compensation benefit of $1.4 million in 2013, and expenses of $1.8 million and $0.3 million in 2012 and 2011, respectively. |
Business_Segment_Information
Business Segment Information | 12 Months Ended | |||||||||||
Dec. 31, 2013 | ||||||||||||
Segment Reporting [Abstract] | ' | |||||||||||
Business Segment Information [Text Block] | ' | |||||||||||
Business Segment Information | ||||||||||||
As of December 31, 2012, and for the period January 1, 2013 through January 23, 2013, we operated four business segments: Wireline, Wireless, IT Services and Hardware, and Data Center Colocation. Effective January 24, 2013, the date of the CyrusOne IPO, we no longer include CyrusOne, our former Data Center Colocation segment, in our consolidated financial statements and now account for our ownership in CyrusOne as an equity method investment. Therefore, at December 31, 2013, we operated three business segments: Wireline, Wireless and IT Services and Hardware. For further details of the CyrusOne IPO, see Note 1 and Note 3 of Notes to consolidated financial statements. | ||||||||||||
The Wireline segment provides products and services such as local voice, high-speed internet, data transport, long distance, entertainment, voice over internet protocol (VoIP), and other services. Voice local service revenue includes local service, digital trunking, switched access, information services, and other value-added services such as caller identification, voicemail, call waiting, and call return. Data services include Fioptics high-speed internet and DSL internet access primarily for residential consumers. Data services also provide data transport for businesses, including local area network services, dedicated network access, metro-ethernet and Dense Wavelength Division Multiplexing ("DWDM"), which principally are used to transport large amounts of data over private networks. Long distance and VoIP services include long distance voice, audio conferencing, VoIP and other broadband services including private line and multi-protocol label switching, a technology that enables a business customer to privately interconnect voice and data services at its locations. Entertainment services are comprised of television media through our Fioptics product suite. Other services primarily include inside wire installation for business enterprises and rental revenue. These services are primarily provided to customers in southwestern Ohio, northern Kentucky, and southeastern Indiana. | ||||||||||||
Wireline recognized restructuring charges of $9.1 million, $3.5 million, and $7.7 million in 2013, 2012 and 2011, respectively, for costs associated with employee separation, lease abandonments and contract termination costs. A curtailment gain of $0.6 million was recognized during the second quarter of 2013 due to the remeasurement of the Company's projected benefit obligation following an amendment to the management pension plan that eliminated all future pension service credits as of July 1, 2013. During 2011, a curtailment loss of $4.2 million was recognized from the reduction of future pension benefits for certain bargained employees. Gains on the sale assets were $1.1 million, $1.8 million, and $8.4 million, in 2013, 2012 and 2011, respectively. The gains in 2013 and 2012 were primarily from the sale of copper cabling that was no longer in use. In 2011, the Company sold substantially all of the assets associated with its home security monitoring business. There were no asset impairments in 2013. Asset impairments of $0.5 million in 2012 relate primarily to the write-off of an out-of-territory fiber network. The impairment losses in 2011 of $1.0 million were related to abandoned leasehold improvements on vacated office space and the write-down to fair value of certain assets that were held for sale. | ||||||||||||
The Wireless segment provides digital wireless voice and data communications services and sales of related handset equipment to customers in the Greater Cincinnati and Dayton, Ohio operating areas. Wireless incurred restructuring charges of $0.2 million in 2013 and $1.6 million in 2012, with no such charges in 2011. In 2013, Wireless recorded a $3.5 million loss on disposal of assets for equipment that had no resale market or has either been disconnected from the wireless network, abandoned or demolished. There was no loss on disposal of assets recorded in 2012 and 2011. In 2011, the Wireless segment recognized a goodwill impairment loss of $50.3 million. In 2012 and 2011, other asset impairments were $0.4 million and $1.1 million, respectively, and related to the write-off of canceled or abandoned capital projects. There were no such impairments in 2013. | ||||||||||||
The IT Services and Hardware segment provides a range of fully managed and outsourced IT and telecommunications services along with the sale, installation, and maintenance of major branded IT and telephony equipment. During 2013 and 2011, the IT Services and Hardware segment incurred employee separation charges of $0.7 million and $1.9 million, respectively, associated with the elimination of certain functions due to product consolidation and integration within the Wireline segment. In 2012, the IT Services and Hardware segment reversed restructuring costs of $1.2 million due to changes in estimates of liabilities that had been accrued for in the prior year. | ||||||||||||
The Data Center Colocation segment provided data center colocation services to primarily large businesses. The Data Center Colocation results shown in the accompanying tables reflect the revenues and expenses of our former data center business for the period January 1, 2013 through January 23, 2013. Effective January 24, 2013, we no longer include CyrusOne's operating results in our consolidated financial statements. In 2013, we recognized losses of $10.7 million from our investment in CyrusOne which represented our equity method share of CyrusOne's losses. These losses from CyrusOne were recognized as a component of non-operating income. As of December 31, 2013, the carrying value of our investment in CyrusOne was $471.0 million and is included as an asset of the Corporate segment. In 2012, the Data Center Colocation segment recognized impairment losses of $13.3 million on long-lived assets and a customer relationship intangible primarily related to our GramTel acquisition. Also in 2012, the Data Center Colocation segment recognized restructuring charges of $0.5 million for severance associated with management contracts, and a $0.2 million gain on the sale of assets. No asset impairment, restructuring charges, or gain on the sale of assets were incurred in 2011. | ||||||||||||
Corporate operating results include compensation expense of $42.6 million associated with awards and other transaction-related incentives associated with the initial public offering of CyrusOne on January 24, 2013. Other transaction costs were $1.6 million in 2013, $6.3 million in 2012, and $2.6 million in 2011. Corporate recognized restructuring charges of $3.7 million and $2.6 million in 2013 and 2011, respectively, and reversed restructuring costs of $1.0 million in 2012. | ||||||||||||
Our business segment information is as follows: | ||||||||||||
Year Ended December 31, | ||||||||||||
(dollars in millions) | 2013 | 2012 | 2011 | |||||||||
Revenue | ||||||||||||
Wireline | $ | 724.8 | $ | 730.5 | $ | 732.1 | ||||||
Wireless | 201.5 | 241.8 | 277.6 | |||||||||
IT Services and Hardware | 344.1 | 315.7 | 300.5 | |||||||||
Data Center Colocation | 15.6 | 221.3 | 184.7 | |||||||||
Intersegment | (29.1 | ) | (35.4 | ) | (32.5 | ) | ||||||
Total revenue | $ | 1,256.90 | $ | 1,473.90 | $ | 1,462.40 | ||||||
Intersegment revenue | ||||||||||||
Wireline | $ | 16.8 | $ | 19.1 | $ | 23 | ||||||
Wireless | 2.3 | 2.3 | 2.3 | |||||||||
IT Services and Hardware | 9.6 | 7.6 | 5.1 | |||||||||
Data Center Colocation | 0.4 | 6.4 | 2.1 | |||||||||
Total intersegment revenue | $ | 29.1 | $ | 35.4 | $ | 32.5 | ||||||
Operating income | ||||||||||||
Wireline | $ | 190.2 | $ | 212.9 | $ | 228.5 | ||||||
Wireless | 18.2 | 51.2 | 3.3 | |||||||||
IT Services and Hardware | 8.5 | 10.3 | 9.8 | |||||||||
Data Center Colocation | 3.2 | 30.4 | 46.4 | |||||||||
Corporate | (56.3 | ) | (34.7 | ) | (28.5 | ) | ||||||
Total operating income | $ | 163.8 | $ | 270.1 | $ | 259.5 | ||||||
Expenditures for long-lived assets | ||||||||||||
Wireline | $ | 162.6 | $ | 114.2 | $ | 112.6 | ||||||
Wireless | 16 | 15.8 | 17.6 | |||||||||
IT Services and Hardware | 10.6 | 9 | 6.8 | |||||||||
Data Center Colocation | 7.7 | 228.2 | 118.5 | |||||||||
Total expenditures for long-lived assets | $ | 196.9 | $ | 367.2 | $ | 255.5 | ||||||
Depreciation and amortization | ||||||||||||
Wireline | $ | 112.2 | $ | 106 | $ | 102.4 | ||||||
Wireless | 41.2 | 31.9 | 33.5 | |||||||||
IT Services and Hardware | 10.5 | 8.6 | 8.4 | |||||||||
Data Center Colocation | 5.2 | 70.6 | 54.8 | |||||||||
Corporate | 0.5 | 0.3 | 0.4 | |||||||||
Total depreciation and amortization | $ | 169.6 | $ | 217.4 | $ | 199.5 | ||||||
As of December 31, | ||||||||||||
(dollars in millions) | 2013 | 2012 | ||||||||||
Assets | ||||||||||||
Wireline | $ | 780.8 | $ | 723.7 | ||||||||
Wireless | 247.5 | 275.6 | ||||||||||
IT Services and Hardware | 48.9 | 43.3 | ||||||||||
Data Center Colocation | — | 1,208.50 | ||||||||||
Corporate and eliminations | 1,030.10 | 621.3 | ||||||||||
Total assets | $ | 2,107.30 | $ | 2,872.40 | ||||||||
Details of our service and product revenues including eliminations are as follows: | ||||||||||||
Year Ended December 31, | ||||||||||||
(dollars in millions) | 2013 | 2012 | 2011 | |||||||||
Service revenue | ||||||||||||
Wireline | $ | 702.3 | $ | 705 | $ | 703.3 | ||||||
Wireless | 183.1 | 222.7 | 250.8 | |||||||||
IT Services and Hardware | 138.7 | 130.2 | 114.1 | |||||||||
Data Center Colocation | 15.2 | 214.9 | 182.6 | |||||||||
Total service revenue | $ | 1,039.30 | $ | 1,272.80 | $ | 1,250.80 | ||||||
Product revenue | ||||||||||||
Handsets and accessories | $ | 21.8 | $ | 23.2 | $ | 30.3 | ||||||
IT, telephony and other equipment | 195.8 | 177.9 | 181.3 | |||||||||
Total product revenue | $ | 217.6 | $ | 201.1 | $ | 211.6 | ||||||
Supplemental_Cash_Flow_Informa
Supplemental Cash Flow Information | 12 Months Ended | |||||||||||
Dec. 31, 2013 | ||||||||||||
Supplemental Cash Flow Information [Abstract] | ' | |||||||||||
Supplemental Cash Flow Information [Text Block] | ' | |||||||||||
Supplemental Cash Flow Information | ||||||||||||
Year Ended December 31, | ||||||||||||
(dollars in millions) | 2013 | 2012 | 2011 | |||||||||
Capitalized interest expense | $ | 0.6 | $ | 2.7 | $ | 3.5 | ||||||
Cash paid (received) for: | ||||||||||||
Interest | 179.5 | 217.9 | 211.8 | |||||||||
Income taxes, net of refunds | 2.8 | 0.1 | (1.2 | ) | ||||||||
Noncash investing and financing activities: | ||||||||||||
Investment in CyrusOne resulting from deconsolidation | 509.7 | — | — | |||||||||
Accrual of CyrusOne dividends | 7.1 | — | — | |||||||||
Acquisition of property by assuming debt and other financing arrangements | 7.6 | 19.9 | 49.7 | |||||||||
Acquisition of property on account | 13.3 | 30.7 | 22.8 | |||||||||
Accrued CyrusOne stock issuance costs | — | 2.2 | — | |||||||||
Supplemental_Guarantor_Informa
Supplemental Guarantor Information | 12 Months Ended | |||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||
Supplemental Guarantor Information Abstract | ' | |||||||||||||||||||
Supplemental Guarantor Information | ' | |||||||||||||||||||
Supplemental Guarantor Information - Cincinnati Bell Telephone Notes | ||||||||||||||||||||
CBT, a wholly-owned subsidiary of Cincinnati Bell Inc. (the "Parent Company"), had $134.5 million in notes outstanding at December 31, 2013 that are guaranteed by the Parent Company and no other subsidiaries of the Parent Company. The guarantee is full and unconditional. The Parent Company’s subsidiaries generate substantially all of its income and cash flow and generally distribute or advance the funds necessary to meet the Parent Company’s debt service obligations. | ||||||||||||||||||||
The following information sets forth the Condensed Consolidating Balance Sheets of the Company as of December 31, 2013 and 2012 and the Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) and Cash Flows for the years ended December 31, 2013, 2012, and 2011 of (1) the Parent Company, as the guarantor, (2) CBT, as the issuer, and (3) the non-guarantor subsidiaries on a combined basis. | ||||||||||||||||||||
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) | ||||||||||||||||||||
Year Ended December 31, 2013 | ||||||||||||||||||||
(dollars in millions) | Parent | CBT | Other | Eliminations | Total | |||||||||||||||
(Guarantor) | (Issuer) | Non-guarantors | ||||||||||||||||||
Revenue | $ | — | $ | 644.2 | $ | 669 | $ | (56.3 | ) | $ | 1,256.90 | |||||||||
Operating costs and expenses | 55.4 | 459.1 | 634.9 | (56.3 | ) | 1,093.10 | ||||||||||||||
Operating (loss) income | (55.4 | ) | 185.1 | 34.1 | — | 163.8 | ||||||||||||||
Interest expense (income), net | 164.3 | (2.7 | ) | 20.4 | — | 182 | ||||||||||||||
Other expense, net | 28.2 | 6.5 | 4.3 | — | 39 | |||||||||||||||
(Loss) income before equity in earnings of subsidiaries and income taxes | (247.9 | ) | 181.3 | 9.4 | — | (57.2 | ) | |||||||||||||
Income tax (benefit) expense | (79.8 | ) | 66.1 | 11.2 | — | (2.5 | ) | |||||||||||||
Equity in earnings of subsidiaries, net of tax | 113.4 | — | — | (113.4 | ) | — | ||||||||||||||
Net (loss) income | (54.7 | ) | 115.2 | (1.8 | ) | (113.4 | ) | (54.7 | ) | |||||||||||
Other comprehensive income (loss) | 76.5 | — | (0.1 | ) | — | 76.4 | ||||||||||||||
Total comprehensive income (loss) | $ | 21.8 | $ | 115.2 | $ | (1.9 | ) | $ | (113.4 | ) | $ | 21.7 | ||||||||
Net (loss) income | $ | (54.7 | ) | $ | 115.2 | $ | (1.8 | ) | $ | (113.4 | ) | $ | (54.7 | ) | ||||||
Preferred stock dividends | 10.4 | — | — | — | 10.4 | |||||||||||||||
Net (loss) income applicable to common shareowners | $ | (65.1 | ) | $ | 115.2 | $ | (1.8 | ) | $ | (113.4 | ) | $ | (65.1 | ) | ||||||
Year Ended December 31, 2012 | ||||||||||||||||||||
(dollars in millions) | Parent | CBT | Other | Eliminations | Total | |||||||||||||||
(Guarantor) | (Issuer) | Non-guarantors | ||||||||||||||||||
Revenue | $ | — | $ | 642.8 | $ | 893.3 | $ | (62.2 | ) | $ | 1,473.90 | |||||||||
Operating costs and expenses | 33.9 | 436.3 | 795.8 | (62.2 | ) | 1,203.80 | ||||||||||||||
Operating (loss) income | (33.9 | ) | 206.5 | 97.5 | — | 270.1 | ||||||||||||||
Interest expense (income), net | 164.8 | (1.5 | ) | 55.6 | — | 218.9 | ||||||||||||||
Other expense (income), net | 11.5 | 5.9 | (2.1 | ) | — | 15.3 | ||||||||||||||
(Loss) income before equity in earnings of subsidiaries and income taxes | (210.2 | ) | 202.1 | 44 | — | 35.9 | ||||||||||||||
Income tax (benefit) expense | (68.3 | ) | 73.8 | 19.2 | — | 24.7 | ||||||||||||||
Equity in earnings of subsidiaries, net of tax | 153.1 | — | — | (153.1 | ) | — | ||||||||||||||
Net income | 11.2 | 128.3 | 24.8 | (153.1 | ) | 11.2 | ||||||||||||||
Other comprehensive loss | (0.8 | ) | — | — | — | (0.8 | ) | |||||||||||||
Total comprehensive income | $ | 10.4 | $ | 128.3 | $ | 24.8 | $ | (153.1 | ) | $ | 10.4 | |||||||||
Net income | $ | 11.2 | $ | 128.3 | $ | 24.8 | $ | (153.1 | ) | $ | 11.2 | |||||||||
Preferred stock dividends | 10.4 | — | — | — | 10.4 | |||||||||||||||
Net income applicable to common shareowners | $ | 0.8 | $ | 128.3 | $ | 24.8 | $ | (153.1 | ) | $ | 0.8 | |||||||||
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) | ||||||||||||||||||||
Year Ended December 31, 2011 | ||||||||||||||||||||
(dollars in millions) | Parent | CBT | Other | Eliminations | Total | |||||||||||||||
(Guarantor) | (Issuer) | Non-guarantors | ||||||||||||||||||
Revenue | $ | 3.4 | $ | 655.8 | $ | 860.6 | $ | (57.4 | ) | $ | 1,462.40 | |||||||||
Operating costs and expenses | 23.6 | 435.6 | 801.1 | (57.4 | ) | 1,202.90 | ||||||||||||||
Operating (loss) income | (20.2 | ) | 220.2 | 59.5 | — | 259.5 | ||||||||||||||
Interest expense, net | 161.8 | 3.4 | 49.8 | — | 215 | |||||||||||||||
Other (income) expense, net | (0.9 | ) | 7.5 | (5.7 | ) | — | 0.9 | |||||||||||||
(Loss) income before equity in earnings of subsidiaries and income taxes | (181.1 | ) | 209.3 | 15.4 | — | 43.6 | ||||||||||||||
Income tax (benefit) expense | (56.4 | ) | 76 | 5.4 | — | 25 | ||||||||||||||
Equity in earnings of subsidiaries, net of tax | 143.3 | — | — | (143.3 | ) | — | ||||||||||||||
Net income | 18.6 | 133.3 | 10 | (143.3 | ) | 18.6 | ||||||||||||||
Other comprehensive loss | (48.8 | ) | — | (0.1 | ) | — | (48.9 | ) | ||||||||||||
Total comprehensive (loss) income | $ | (30.2 | ) | $ | 133.3 | $ | 9.9 | $ | (143.3 | ) | $ | (30.3 | ) | |||||||
Net income | $ | 18.6 | $ | 133.3 | $ | 10 | $ | (143.3 | ) | $ | 18.6 | |||||||||
Preferred stock dividends | 10.4 | — | — | — | 10.4 | |||||||||||||||
Net income applicable to common shareowners | $ | 8.2 | $ | 133.3 | $ | 10 | $ | (143.3 | ) | $ | 8.2 | |||||||||
Condensed Consolidating Balance Sheets | ||||||||||||||||||||
As of December 31, 2013 | ||||||||||||||||||||
(dollars in millions) | Parent | CBT | Other | Eliminations | Total | |||||||||||||||
(Guarantor) | (Issuer) | Non-guarantors | ||||||||||||||||||
Cash and cash equivalents | $ | 2.1 | $ | 1.8 | $ | 0.7 | $ | — | $ | 4.6 | ||||||||||
Receivables, net | 2.6 | — | 152.2 | — | 154.8 | |||||||||||||||
Other current assets | 4.4 | 24.1 | 63.9 | (0.7 | ) | 91.7 | ||||||||||||||
Total current assets | 9.1 | 25.9 | 216.8 | (0.7 | ) | 251.1 | ||||||||||||||
Property, plant and equipment, net | 0.1 | 706.5 | 196.2 | — | 902.8 | |||||||||||||||
Investment in CyrusOne | — | — | 471 | — | 471 | |||||||||||||||
Goodwill and intangibles, net | — | 2.3 | 103.8 | — | 106.1 | |||||||||||||||
Investments in and advances to subsidiaries | 1,406.60 | 247.7 | — | (1,654.3 | ) | — | ||||||||||||||
Other noncurrent assets | 359.1 | 6.1 | 178.9 | (167.8 | ) | 376.3 | ||||||||||||||
Total assets | $ | 1,774.90 | $ | 988.5 | $ | 1,166.70 | $ | (1,822.8 | ) | $ | 2,107.30 | |||||||||
Current portion of long-term debt | $ | 5.4 | $ | 3.9 | $ | 3.3 | $ | — | $ | 12.6 | ||||||||||
Accounts payable | 1.5 | 45.9 | 42.5 | — | 89.9 | |||||||||||||||
Other current liabilities | 67.7 | 49.4 | 34.6 | 0.1 | 151.8 | |||||||||||||||
Total current liabilities | 74.6 | 99.2 | 80.4 | 0.1 | 254.3 | |||||||||||||||
Long-term debt, less current portion | 1,916.10 | 141.8 | 194.7 | — | 2,252.60 | |||||||||||||||
Other noncurrent liabilities | 214.5 | 172.2 | 59 | (168.6 | ) | 277.1 | ||||||||||||||
Intercompany payables | 246.4 | — | 199.7 | (446.1 | ) | — | ||||||||||||||
Total liabilities | 2,451.60 | 413.2 | 533.8 | (614.6 | ) | 2,784.00 | ||||||||||||||
Shareowners’ (deficit) equity | (676.7 | ) | 575.3 | 632.9 | (1,208.2 | ) | (676.7 | ) | ||||||||||||
Total liabilities and shareowners’ equity (deficit) | $ | 1,774.90 | $ | 988.5 | $ | 1,166.70 | $ | (1,822.8 | ) | $ | 2,107.30 | |||||||||
As of December 31, 2012 | ||||||||||||||||||||
(dollars in millions) | Parent | CBT | Other | Eliminations | Total | |||||||||||||||
(Guarantor) | (Issuer) | Non-guarantors | ||||||||||||||||||
Cash and cash equivalents | $ | 3.8 | $ | 1.9 | $ | 17.9 | $ | — | $ | 23.6 | ||||||||||
Receivables, net | 1 | — | 198 | — | 199 | |||||||||||||||
Other current assets | 3.1 | 34.4 | 43.8 | (0.4 | ) | 80.9 | ||||||||||||||
Total current assets | 7.9 | 36.3 | 259.7 | (0.4 | ) | 303.5 | ||||||||||||||
Property, plant and equipment, net | 0.1 | 646.7 | 940.6 | — | 1,587.40 | |||||||||||||||
Goodwill and intangibles, net | — | 2.3 | 485.1 | — | 487.4 | |||||||||||||||
Investments in and advances to subsidiaries | 1,449.90 | 228.2 | — | (1,678.1 | ) | — | ||||||||||||||
Other noncurrent assets | 384.6 | 6.3 | 266.3 | (163.1 | ) | 494.1 | ||||||||||||||
Total assets | $ | 1,842.50 | $ | 919.8 | $ | 1,951.70 | $ | (1,841.6 | ) | $ | 2,872.40 | |||||||||
Current portion of long-term debt | $ | — | $ | 3 | $ | 10.4 | $ | — | $ | 13.4 | ||||||||||
Accounts payable | 1.2 | 61.7 | 72.7 | — | 135.6 | |||||||||||||||
Other current liabilities | 85.6 | 50.2 | 69.7 | 0.9 | 206.4 | |||||||||||||||
Total current liabilities | 86.8 | 114.9 | 152.8 | 0.9 | 355.4 | |||||||||||||||
Long-term debt, less current portion | 1,841.70 | 141.3 | 693 | — | 2,676.00 | |||||||||||||||
Other noncurrent liabilities | 383.3 | 138.6 | 181.7 | (164.4 | ) | 539.2 | ||||||||||||||
Intercompany payables | 228.9 | — | 276.4 | (505.3 | ) | — | ||||||||||||||
Total liabilities | 2,540.70 | 394.8 | 1,303.90 | (668.8 | ) | 3,570.60 | ||||||||||||||
Shareowners’ (deficit) equity | (698.2 | ) | 525 | 647.8 | (1,172.8 | ) | (698.2 | ) | ||||||||||||
Total liabilities and shareowners’ equity (deficit) | $ | 1,842.50 | $ | 919.8 | $ | 1,951.70 | $ | (1,841.6 | ) | $ | 2,872.40 | |||||||||
Condensed Consolidating Statements of Cash Flows | ||||||||||||||||||||
Year Ended December 31, 2013 | ||||||||||||||||||||
(dollars in millions) | Parent | CBT | Other | Eliminations | Total | |||||||||||||||
(Guarantor) | (Issuer) | Non-guarantors | ||||||||||||||||||
Cash flows (used in) provided by operating activities | $ | (218.1 | ) | $ | 239 | $ | 57.9 | $ | — | $ | 78.8 | |||||||||
Capital expenditures | — | (153.1 | ) | (43.8 | ) | — | (196.9 | ) | ||||||||||||
Dividends received from CyrusOne | — | — | 21.3 | — | 21.3 | |||||||||||||||
Proceeds from sale of assets | — | 2 | — | — | 2 | |||||||||||||||
Cash divested from deconsolidation of CyrusOne | — | — | (12.2 | ) | — | (12.2 | ) | |||||||||||||
Other investing activities | — | — | 0.4 | — | 0.4 | |||||||||||||||
Cash flows used in investing activities | — | (151.1 | ) | (34.3 | ) | — | (185.4 | ) | ||||||||||||
Issuance of long-term debt | 536 | — | — | — | 536 | |||||||||||||||
Funding between Parent and subsidiaries, net | 174.2 | (84.3 | ) | (89.9 | ) | — | — | |||||||||||||
Debt issuance costs | (6.7 | ) | — | — | — | (6.7 | ) | |||||||||||||
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | 40 | — | 54.2 | — | 94.2 | |||||||||||||||
Repayment of debt | (522.0 | ) | (3.7 | ) | (5.1 | ) | — | (530.8 | ) | |||||||||||
Proceeds from exercise of options and warrants | 7.1 | — | — | — | 7.1 | |||||||||||||||
Other financing activities | (12.2 | ) | — | — | — | (12.2 | ) | |||||||||||||
Cash flows provided by (used in) financing activities | 216.4 | (88.0 | ) | (40.8 | ) | — | 87.6 | |||||||||||||
Decrease in cash and cash equivalents | (1.7 | ) | (0.1 | ) | (17.2 | ) | — | (19.0 | ) | |||||||||||
Beginning cash and cash equivalents | 3.8 | 1.9 | 17.9 | — | 23.6 | |||||||||||||||
Ending cash and cash equivalents | $ | 2.1 | $ | 1.8 | $ | 0.7 | $ | — | $ | 4.6 | ||||||||||
Year Ended December 31, 2012 | ||||||||||||||||||||
(dollars in millions) | Parent | CBT | Other | Eliminations | Total | |||||||||||||||
(Guarantor) | (Issuer) | Non-guarantors | ||||||||||||||||||
Cash flows (used in) provided by operating activities | $ | (144.8 | ) | $ | 250.4 | $ | 107.1 | $ | — | $ | 212.7 | |||||||||
Capital expenditures | — | (108.8 | ) | (258.4 | ) | — | (367.2 | ) | ||||||||||||
Proceeds from sale of assets | — | 1.4 | 0.2 | — | 1.6 | |||||||||||||||
Other investing activities | — | — | (6.2 | ) | — | (6.2 | ) | |||||||||||||
Cash flows used in investing activities | — | (107.4 | ) | (264.4 | ) | — | (371.8 | ) | ||||||||||||
Issuance of long-term debt | — | — | 525 | — | 525 | |||||||||||||||
Funding between Parent and subsidiaries, net | 433.6 | (66.0 | ) | (367.6 | ) | — | — | |||||||||||||
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | — | — | 52 | — | 52 | |||||||||||||||
Repayment of debt | (352.0 | ) | (76.5 | ) | (13.9 | ) | — | (442.4 | ) | |||||||||||
Debt issuance costs | (3.6 | ) | — | (17.3 | ) | — | (20.9 | ) | ||||||||||||
Common stock issuance costs | — | — | (5.7 | ) | — | (5.7 | ) | |||||||||||||
Common stock repurchase | (0.3 | ) | — | — | — | (0.3 | ) | |||||||||||||
Proceeds from exercise of options and warrants | 12.1 | — | — | — | 12.1 | |||||||||||||||
Other financing activities | (10.8 | ) | — | — | — | (10.8 | ) | |||||||||||||
Cash flows provided by (used in) financing activities | 79 | (142.5 | ) | 172.5 | — | 109 | ||||||||||||||
(Decrease) increase in cash and cash equivalents | (65.8 | ) | 0.5 | 15.2 | — | (50.1 | ) | |||||||||||||
Beginning cash and cash equivalents | 69.6 | 1.4 | 2.7 | — | 73.7 | |||||||||||||||
Ending cash and cash equivalents | $ | 3.8 | $ | 1.9 | $ | 17.9 | $ | — | $ | 23.6 | ||||||||||
Condensed Consolidating Statements of Cash Flows | ||||||||||||||||||||
Year Ended December 31, 2011 | ||||||||||||||||||||
(dollars in millions) | Parent | CBT | Other | Eliminations | Total | |||||||||||||||
(Guarantor) | (Issuer) | Non-guarantors | ||||||||||||||||||
Cash flows (used in) provided by operating activities | $ | (139.6 | ) | $ | 264.7 | $ | 164.8 | $ | — | $ | 289.9 | |||||||||
Capital expenditures | — | (106.3 | ) | (149.2 | ) | — | (255.5 | ) | ||||||||||||
Proceeds from sale of assets | 11.5 | — | — | — | 11.5 | |||||||||||||||
Other investing activities | (0.7 | ) | — | — | — | (0.7 | ) | |||||||||||||
Cash flows provided by (used in) investing activities | 10.8 | (106.3 | ) | (149.2 | ) | — | (244.7 | ) | ||||||||||||
Funding between Parent and subsidiaries, net | 150.3 | (156.5 | ) | 6.2 | — | — | ||||||||||||||
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | — | — | 0.4 | — | 0.4 | |||||||||||||||
Repayment of debt | — | (2.3 | ) | (9.2 | ) | — | (11.5 | ) | ||||||||||||
Common stock repurchase | (10.4 | ) | — | — | — | (10.4 | ) | |||||||||||||
Other financing activities | (11.3 | ) | — | (16.0 | ) | — | (27.3 | ) | ||||||||||||
Cash flows provided by (used in) financing activities | 128.6 | (158.8 | ) | (18.6 | ) | — | (48.8 | ) | ||||||||||||
Decrease in cash and cash equivalents | (0.2 | ) | (0.4 | ) | (3.0 | ) | — | (3.6 | ) | |||||||||||
Beginning cash and cash equivalents | 69.8 | 1.8 | 5.7 | — | 77.3 | |||||||||||||||
Ending cash and cash equivalents | $ | 69.6 | $ | 1.4 | $ | 2.7 | $ | — | $ | 73.7 | ||||||||||
Supplemental_Guarantor_Informa1
Supplemental Guarantor Information HY | 12 Months Ended | |||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||
Supplemental Guarantor Information Abstract | ' | |||||||||||||||||||
Supplemental Guarantor Information High Yield [Text Block] | ' | |||||||||||||||||||
Supplemental Guarantor Information - 8 3/8% Senior Notes due 2020 and 8 3/4% Senior Subordinated Notes due 2018 | ||||||||||||||||||||
As of December 31, 2013, the Parent Company’s 8 3/8% Senior Notes due 2020 and 8 3/4% Senior Subordinated Notes due 2018 are guaranteed by the following subsidiaries: Cincinnati Bell Entertainment Inc., Cincinnati Bell Any Distance Inc., Cincinnati Bell Telecommunications Services LLC, Cincinnati Bell Wireless LLC, CBTS Software LLC, Cincinnati Bell Technology Solutions Inc., Cincinnati Bell Any Distance of Virginia LLC, eVolve Business Solutions LLC, Data Center Investments Inc., Data Center Investments Holdco LLC, Data Centers South Inc. and Data Centers South Holdings LLC. | ||||||||||||||||||||
The Parent Company owns directly or indirectly 100% of each guarantor and each guarantee is full and unconditional, and joint and several. In certain customary circumstances, a subsidiary may be released from its guarantee obligation. These circumstances are defined as follows: | ||||||||||||||||||||
• | upon the sale of all of the capital stock of a subsidiary, | |||||||||||||||||||
• | if the Company designates the subsidiary as an unrestricted subsidiary under the terms of the indentures, or | |||||||||||||||||||
• | if the subsidiary is released as a guarantor from the Company's credit facility. | |||||||||||||||||||
As of November 20, 2012, the following subsidiaries were released from their guarantee obligation on these notes: Cincinnati Bell Shared Service LLC, CyrusOne and CyrusOne Foreign Holdings LLC. The condensed consolidated financial statements shown below have been retroactively restated to reflect these subsidiaries as non-guarantors. In addition, CyrusOne and CyrusOne Foreign Holdings LLC were designated as unrestricted subsidiaries. | ||||||||||||||||||||
The Parent Company’s subsidiaries generate substantially all of its income and cash flow and generally distribute or advance the funds necessary to meet the Parent Company’s debt service obligations. The following information sets forth the Condensed Consolidating Balance Sheets of the Company as of December 31, 2013 and 2012 and the Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) and Cash Flows for the years ended December 31, 2013, 2012, and 2011 of (1) the Parent Company, as the issuer, (2) the guarantor subsidiaries on a combined basis, and (3) the non-guarantor subsidiaries on a combined basis. | ||||||||||||||||||||
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) | ||||||||||||||||||||
Year Ended December 31, 2013 | ||||||||||||||||||||
(dollars in millions) | Parent | Guarantors | Non-guarantors | Eliminations | Total | |||||||||||||||
(Issuer) | ||||||||||||||||||||
Revenue | $ | — | $ | 704.6 | $ | 608.6 | $ | (56.3 | ) | $ | 1,256.90 | |||||||||
Operating costs and expenses | 55.4 | 667.5 | 426.5 | (56.3 | ) | 1,093.10 | ||||||||||||||
Operating (loss) income | (55.4 | ) | 37.1 | 182.1 | — | 163.8 | ||||||||||||||
Interest expense, net | 164.3 | 14.9 | 2.8 | — | 182 | |||||||||||||||
Other expense (income), net | 28.2 | 17.4 | (6.6 | ) | — | 39 | ||||||||||||||
(Loss) income before equity in earnings of subsidiaries and income taxes | (247.9 | ) | 4.8 | 185.9 | — | (57.2 | ) | |||||||||||||
Income tax (benefit) expense | (79.8 | ) | 9.7 | 67.6 | — | (2.5 | ) | |||||||||||||
Equity in earnings of subsidiaries, net of tax | 113.4 | 0.7 | — | (114.1 | ) | — | ||||||||||||||
Net (loss) income | (54.7 | ) | (4.2 | ) | 118.3 | (114.1 | ) | (54.7 | ) | |||||||||||
Other comprehensive income (loss) | 76.5 | — | (0.1 | ) | — | 76.4 | ||||||||||||||
Total comprehensive income (loss) | $ | 21.8 | $ | (4.2 | ) | $ | 118.2 | $ | (114.1 | ) | $ | 21.7 | ||||||||
Net (loss) income | $ | (54.7 | ) | $ | (4.2 | ) | $ | 118.3 | $ | (114.1 | ) | $ | (54.7 | ) | ||||||
Preferred stock dividends | 10.4 | — | — | — | 10.4 | |||||||||||||||
Net (loss) income applicable to common shareowners | $ | (65.1 | ) | $ | (4.2 | ) | $ | 118.3 | $ | (114.1 | ) | $ | (65.1 | ) | ||||||
Year Ended December 31, 2012 | ||||||||||||||||||||
(dollars in millions) | Parent | Guarantors | Non-guarantors | Eliminations | Total | |||||||||||||||
(Issuer) | ||||||||||||||||||||
Revenue | $ | — | $ | 713.4 | $ | 822.7 | $ | (62.2 | ) | $ | 1,473.90 | |||||||||
Operating costs and expenses | 33.9 | 646.5 | 585.6 | (62.2 | ) | 1,203.80 | ||||||||||||||
Operating (loss) income | (33.9 | ) | 66.9 | 237.1 | — | 270.1 | ||||||||||||||
Interest expense, net | 164.8 | 7.8 | 46.3 | — | 218.9 | |||||||||||||||
Other expense (income), net | 11.5 | 9.1 | (5.3 | ) | — | 15.3 | ||||||||||||||
(Loss) income before equity in earnings of subsidiaries | (210.2 | ) | 50 | 196.1 | — | 35.9 | ||||||||||||||
and income taxes | ||||||||||||||||||||
Income tax (benefit) expense | (68.3 | ) | 19.2 | 73.8 | — | 24.7 | ||||||||||||||
Equity in earnings of subsidiaries, net of tax | 153.1 | (11.8 | ) | — | (141.3 | ) | — | |||||||||||||
Net income | 11.2 | 19 | 122.3 | (141.3 | ) | 11.2 | ||||||||||||||
Other comprehensive loss | (0.8 | ) | — | — | — | (0.8 | ) | |||||||||||||
Total comprehensive income | $ | 10.4 | $ | 19 | $ | 122.3 | $ | (141.3 | ) | $ | 10.4 | |||||||||
Net income | $ | 11.2 | $ | 19 | $ | 122.3 | $ | (141.3 | ) | $ | 11.2 | |||||||||
Preferred stock dividends | 10.4 | — | — | — | 10.4 | |||||||||||||||
Net income applicable to common shareowners | $ | 0.8 | $ | 19 | $ | 122.3 | $ | (141.3 | ) | $ | 0.8 | |||||||||
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) | ||||||||||||||||||||
Year Ended December 31, 2011 | ||||||||||||||||||||
(dollars in millions) | Parent | Guarantors | Non-guarantors | Eliminations | Total | |||||||||||||||
(Issuer) | ||||||||||||||||||||
Revenue | $ | 3.4 | $ | 741.6 | $ | 774.8 | $ | (57.4 | ) | $ | 1,462.40 | |||||||||
Operating costs and expenses | 23.6 | 714 | 522.7 | (57.4 | ) | 1,202.90 | ||||||||||||||
Operating (loss) income | (20.2 | ) | 27.6 | 252.1 | — | 259.5 | ||||||||||||||
Interest expense, net | 161.8 | 9.7 | 43.5 | — | 215 | |||||||||||||||
Other (income) expense, net | (0.9 | ) | 9.7 | (7.9 | ) | — | 0.9 | |||||||||||||
(Loss) income before equity in earnings of subsidiaries and income taxes | (181.1 | ) | 8.2 | 216.5 | — | 43.6 | ||||||||||||||
Income tax (benefit) expense | (56.4 | ) | 2.6 | 78.8 | — | 25 | ||||||||||||||
Equity in earnings of subsidiaries, net of tax | 143.3 | 11.1 | — | (154.4 | ) | — | ||||||||||||||
Net income | 18.6 | 16.7 | 137.7 | (154.4 | ) | 18.6 | ||||||||||||||
Other comprehensive loss | (48.8 | ) | — | (0.1 | ) | — | (48.9 | ) | ||||||||||||
Total comprehensive (loss) income | $ | (30.2 | ) | $ | 16.7 | $ | 137.6 | $ | (154.4 | ) | $ | (30.3 | ) | |||||||
Net income | $ | 18.6 | $ | 16.7 | $ | 137.7 | $ | (154.4 | ) | $ | 18.6 | |||||||||
Preferred stock dividends | 10.4 | — | — | — | 10.4 | |||||||||||||||
Net income applicable to common shareowners | $ | 8.2 | $ | 16.7 | $ | 137.7 | $ | (154.4 | ) | $ | 8.2 | |||||||||
Condensed Consolidating Balance Sheets | ||||||||||||||||||||
As of December 31, 2013 | ||||||||||||||||||||
(dollars in millions) | Parent | Guarantors | Non-guarantors | Eliminations | Total | |||||||||||||||
(Issuer) | ||||||||||||||||||||
Cash and cash equivalents | $ | 2.1 | $ | 0.3 | $ | 2.2 | $ | — | $ | 4.6 | ||||||||||
Receivables, net | 2.6 | 7.2 | 145 | — | 154.8 | |||||||||||||||
Other current assets | 4.4 | 60.7 | 27.3 | (0.7 | ) | 91.7 | ||||||||||||||
Total current assets | 9.1 | 68.2 | 174.5 | (0.7 | ) | 251.1 | ||||||||||||||
Property, plant and equipment, net | 0.1 | 194.1 | 708.6 | — | 902.8 | |||||||||||||||
Investment in CyrusOne | — | 471 | — | — | 471 | |||||||||||||||
Goodwill and intangibles, net | — | 103.8 | 2.3 | — | 106.1 | |||||||||||||||
Investments in and advances to subsidiaries | 1,406.60 | (1.6 | ) | 218.2 | (1,623.2 | ) | — | |||||||||||||
Other noncurrent assets | 359.1 | 179.9 | 5.1 | (167.8 | ) | 376.3 | ||||||||||||||
Total assets | $ | 1,774.90 | $ | 1,015.40 | $ | 1,108.70 | $ | (1,791.7 | ) | $ | 2,107.30 | |||||||||
Current portion of long-term debt | $ | 5.4 | $ | 3 | $ | 4.2 | $ | — | $ | 12.6 | ||||||||||
Accounts payable | 1.5 | 72.3 | 16.1 | — | 89.9 | |||||||||||||||
Other current liabilities | 67.7 | 36.9 | 47.1 | 0.1 | 151.8 | |||||||||||||||
Total current liabilities | 74.6 | 112.2 | 67.4 | 0.1 | 254.3 | |||||||||||||||
Long-term debt, less current portion | 1,916.10 | 87 | 249.5 | — | 2,252.60 | |||||||||||||||
Other noncurrent liabilities | 214.5 | 61.3 | 169.9 | (168.6 | ) | 277.1 | ||||||||||||||
Intercompany payables | 246.4 | 149.9 | 33.2 | (429.5 | ) | — | ||||||||||||||
Total liabilities | 2,451.60 | 410.4 | 520 | (598.0 | ) | 2,784.00 | ||||||||||||||
Shareowners’ (deficit) equity | (676.7 | ) | 605 | 588.7 | (1,193.7 | ) | (676.7 | ) | ||||||||||||
Total liabilities and shareowners’ equity (deficit) | $ | 1,774.90 | $ | 1,015.40 | $ | 1,108.70 | $ | (1,791.7 | ) | $ | 2,107.30 | |||||||||
As of December 31, 2012 | ||||||||||||||||||||
(dollars in millions) | Parent | Guarantors | Non-guarantors | Eliminations | Total | |||||||||||||||
(Issuer) | ||||||||||||||||||||
Cash and cash equivalents | $ | 3.8 | $ | 0.3 | $ | 19.5 | $ | — | $ | 23.6 | ||||||||||
Receivables, net | 1 | 1.2 | 196.8 | — | 199 | |||||||||||||||
Other current assets | 3.1 | 27.7 | 50.5 | (0.4 | ) | 80.9 | ||||||||||||||
Total current assets | 7.9 | 29.2 | 266.8 | (0.4 | ) | 303.5 | ||||||||||||||
Property, plant and equipment, net | 0.1 | 220.9 | 1,366.40 | — | 1,587.40 | |||||||||||||||
Goodwill and intangibles, net | — | 106.4 | 381 | — | 487.4 | |||||||||||||||
Investments in and advances to subsidiaries | 1,449.90 | 506.4 | 192.5 | (2,148.8 | ) | — | ||||||||||||||
Other noncurrent assets | 384.6 | 218.5 | 54.1 | (163.1 | ) | 494.1 | ||||||||||||||
Total assets | $ | 1,842.50 | $ | 1,081.40 | $ | 2,260.80 | $ | (2,312.3 | ) | $ | 2,872.40 | |||||||||
Current portion of long-term debt | $ | — | $ | 3.9 | $ | 9.5 | $ | — | $ | 13.4 | ||||||||||
Accounts payable | 1.2 | 90.2 | 44.2 | — | 135.6 | |||||||||||||||
Other current liabilities | 85.6 | 33.6 | 86.3 | 0.9 | 206.4 | |||||||||||||||
Total current liabilities | 86.8 | 127.7 | 140 | 0.9 | 355.4 | |||||||||||||||
Long-term debt, less current portion | 1,841.70 | 88.4 | 745.9 | — | 2,676.00 | |||||||||||||||
Other noncurrent liabilities | 383.3 | 90.6 | 229.7 | (164.4 | ) | 539.2 | ||||||||||||||
Intercompany payables | 228.9 | 160 | 102.6 | (491.5 | ) | — | ||||||||||||||
Total liabilities | 2,540.70 | 466.7 | 1,218.20 | (655.0 | ) | 3,570.60 | ||||||||||||||
Shareowners’ (deficit) equity | (698.2 | ) | 614.7 | 1,042.60 | (1,657.3 | ) | (698.2 | ) | ||||||||||||
Total liabilities and shareowners’ equity (deficit) | $ | 1,842.50 | $ | 1,081.40 | $ | 2,260.80 | $ | (2,312.3 | ) | $ | 2,872.40 | |||||||||
Condensed Consolidating Statements of Cash Flows | ||||||||||||||||||||
Year Ended December 31, 2013 | ||||||||||||||||||||
(dollars in millions) | Parent | Guarantors | Non-guarantors | Eliminations | Total | |||||||||||||||
(Issuer) | ||||||||||||||||||||
Cash flows (used in) provided by operating activities | $ | (218.1 | ) | $ | 26.2 | $ | 270.7 | $ | — | $ | 78.8 | |||||||||
Capital expenditures | — | (36.1 | ) | (160.8 | ) | — | (196.9 | ) | ||||||||||||
Dividends received from CyrusOne | — | 21.3 | — | — | 21.3 | |||||||||||||||
Proceeds from sale of assets | — | — | 2 | — | 2 | |||||||||||||||
Cash divested from deconsolidation of CyrusOne | — | — | (12.2 | ) | — | (12.2 | ) | |||||||||||||
Other investing activities | — | — | 0.4 | — | 0.4 | |||||||||||||||
Cash flows used in investing activities | — | (14.8 | ) | (170.6 | ) | — | (185.4 | ) | ||||||||||||
Issuance of long-term debt | 536 | — | — | — | 536 | |||||||||||||||
Funding between Parent and subsidiaries, net | 174.2 | (7.4 | ) | (166.8 | ) | — | — | |||||||||||||
Debt issuance costs | (6.7 | ) | — | — | — | (6.7 | ) | |||||||||||||
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | 40 | — | 54.2 | — | 94.2 | |||||||||||||||
Repayment of debt | (522.0 | ) | (4.0 | ) | (4.8 | ) | — | (530.8 | ) | |||||||||||
Proceeds from exercise of options and warrants | 7.1 | — | — | — | 7.1 | |||||||||||||||
Other financing activities | (12.2 | ) | — | — | — | (12.2 | ) | |||||||||||||
Cash flows provided by (used in) financing activities | 216.4 | (11.4 | ) | (117.4 | ) | — | 87.6 | |||||||||||||
Decrease in cash and cash equivalents | (1.7 | ) | — | (17.3 | ) | — | (19.0 | ) | ||||||||||||
Beginning cash and cash equivalents | 3.8 | 0.3 | 19.5 | — | 23.6 | |||||||||||||||
Ending cash and cash equivalents | $ | 2.1 | $ | 0.3 | $ | 2.2 | $ | — | $ | 4.6 | ||||||||||
Year Ended December 31, 2012 | ||||||||||||||||||||
(dollars in millions) | Parent | Guarantors | Non-guarantors | Eliminations | Total | |||||||||||||||
(Issuer) | ||||||||||||||||||||
Cash flows (used in) provided by operating activities | $ | (144.8 | ) | $ | 51.3 | $ | 306.2 | $ | — | $ | 212.7 | |||||||||
Capital expenditures | — | (30.2 | ) | (337.0 | ) | — | (367.2 | ) | ||||||||||||
Proceeds from sale of assets | — | — | 1.6 | — | 1.6 | |||||||||||||||
Other investing activities | — | — | (6.2 | ) | — | (6.2 | ) | |||||||||||||
Cash flows used in investing activities | — | (30.2 | ) | (341.6 | ) | — | (371.8 | ) | ||||||||||||
Issuance of long-term debt | — | — | 525 | — | 525 | |||||||||||||||
Funding between Parent and subsidiaries, net | 433.6 | (16.9 | ) | (416.7 | ) | — | — | |||||||||||||
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | — | — | 52 | — | 52 | |||||||||||||||
Repayment of debt | (352.0 | ) | (4.6 | ) | (85.8 | ) | — | (442.4 | ) | |||||||||||
Debt issuance costs | (3.6 | ) | — | (17.3 | ) | — | (20.9 | ) | ||||||||||||
Common stock issuance costs | — | — | (5.7 | ) | — | (5.7 | ) | |||||||||||||
Common stock repurchase | (0.3 | ) | — | — | — | (0.3 | ) | |||||||||||||
Proceeds from exercise of options and warrants | 12.1 | — | — | — | 12.1 | |||||||||||||||
Other financing activities | (10.8 | ) | — | — | — | (10.8 | ) | |||||||||||||
Cash flows provided by (used in) financing activities | 79 | (21.5 | ) | 51.5 | — | 109 | ||||||||||||||
(Decrease) increase in cash and cash equivalents | (65.8 | ) | (0.4 | ) | 16.1 | — | (50.1 | ) | ||||||||||||
Beginning cash and cash equivalents | 69.6 | 0.7 | 3.4 | — | 73.7 | |||||||||||||||
Ending cash and cash equivalents | $ | 3.8 | $ | 0.3 | $ | 19.5 | $ | — | $ | 23.6 | ||||||||||
Condensed Consolidating Statements of Cash Flows | ||||||||||||||||||||
Year Ended December 31, 2011 | ||||||||||||||||||||
(dollars in millions) | Parent (Issuer) | Guarantors | Non-guarantors | Eliminations | Total | |||||||||||||||
Cash flows (used in) provided by operating activities | $ | (139.6 | ) | $ | 120 | $ | 309.5 | $ | — | $ | 289.9 | |||||||||
Capital expenditures | — | (31.2 | ) | (224.3 | ) | — | (255.5 | ) | ||||||||||||
Proceeds from sale of assets | 11.5 | — | — | — | 11.5 | |||||||||||||||
Other investing activities | (0.7 | ) | — | — | — | (0.7 | ) | |||||||||||||
Cash flows provided by (used in) investing activities | 10.8 | (31.2 | ) | (224.3 | ) | — | (244.7 | ) | ||||||||||||
Funding between Parent and subsidiaries, net | 150.3 | (86.6 | ) | (63.7 | ) | — | — | |||||||||||||
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | — | — | 0.4 | — | 0.4 | |||||||||||||||
Repayment of debt | — | (2.3 | ) | (9.2 | ) | — | (11.5 | ) | ||||||||||||
Common stock repurchase | (10.4 | ) | — | — | — | (10.4 | ) | |||||||||||||
Other financing activities | (11.3 | ) | — | (16.0 | ) | — | (27.3 | ) | ||||||||||||
Cash flows provided by (used in) financing activities | 128.6 | (88.9 | ) | (88.5 | ) | — | (48.8 | ) | ||||||||||||
Decrease in cash and cash equivalents | (0.2 | ) | (0.1 | ) | (3.3 | ) | — | (3.6 | ) | |||||||||||
Beginning cash and cash equivalents | 69.8 | 0.8 | 6.7 | — | 77.3 | |||||||||||||||
Ending cash and cash equivalents | $ | 69.6 | $ | 0.7 | $ | 3.4 | $ | — | $ | 73.7 | ||||||||||
Quarterly_Financial_Informatio
Quarterly Financial Information (Unaudited) | 12 Months Ended | |||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||
Selected Quarterly Financial Information [Abstract] | ' | |||||||||||||||||||
Quarterly Financial Information (Unaudited) [Text Block] | ' | |||||||||||||||||||
Quarterly Financial Information (Unaudited) | ||||||||||||||||||||
2013 | ||||||||||||||||||||
First | Second | Third | Fourth | |||||||||||||||||
(dollars in millions, except per common share amounts) | Quarter | Quarter | Quarter | Quarter | Total | |||||||||||||||
Revenue | $ | 325.7 | $ | 312 | $ | 310.8 | $ | 308.4 | $ | 1,256.90 | ||||||||||
Operating income | 19.2 | 46.8 | 57.7 | 40.1 | 163.8 | |||||||||||||||
Net (loss) income | (36.7 | ) | 0.8 | 9.3 | (28.1 | ) | (54.7 | ) | ||||||||||||
Basic and diluted (loss) earnings per common share | $ | (0.19 | ) | $ | (0.01 | ) | $ | 0.03 | $ | (0.15 | ) | $ | (0.32 | ) | ||||||
2012 | ||||||||||||||||||||
First | Second | Third | Fourth | |||||||||||||||||
(dollars in millions, except per common share amounts) | Quarter | Quarter | Quarter | Quarter | Total | |||||||||||||||
Revenue | $ | 362.8 | $ | 368.2 | $ | 368.2 | $ | 374.7 | $ | 1,473.90 | ||||||||||
Operating income | 81 | 65.2 | 66 | 57.9 | 270.1 | |||||||||||||||
Net income (loss) | 12.6 | 4.5 | 3.9 | (9.8 | ) | 11.2 | ||||||||||||||
Basic and diluted earnings (loss) per common share | $ | 0.05 | $ | 0.01 | $ | 0.01 | $ | (0.06 | ) | $ | 0 | |||||||||
The effects of assumed common share conversions are determined independently for each respective quarter and year and may not be dilutive during every period due to variations in operating results. Therefore, the sum of quarterly per share results will not necessarily equal the per share results for the full year. | ||||||||||||||||||||
On January 24, 2013, we completed the IPO of CyrusOne, which owns and operates our former data center colocation business. Effective January 24, 2013, we no longer consolidate the accounts of CyrusOne in our consolidated financial statements, but account for our ownership in CyrusOne as an equity method investment. Due to the change in presentation of CyrusOne, our quarterly and full year results of operations for 2013 are not comparable to 2012. | ||||||||||||||||||||
In the fourth quarter of 2013, the Company redeemed all of the $500.0 million of 8 1/4% Senior Notes due 2017 at a redemption price of 104.125% using proceeds from the Tranche B Term Loan facility that was issued on September 10, 2013. As a result, the Company recorded a debt extinguishment loss of $29.6 million in the fourth quarter of 2013. | ||||||||||||||||||||
During the fourth quarter of 2012, the Company incurred a loss on extinguishment of debt of $13.6 million from the redemption of its 7% Senior Notes due 2015, a portion of its 8 3/8% Senior Notes due 2020, and various CBT notes. |
Schedule_II_Valuation_and_Qual
Schedule II - Valuation and Qualifying Accounts | 12 Months Ended | ||||||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||||||
Schedule of Valuation and Qualifying Accounts Disclosure [Abstract] | ' | ||||||||||||||||||||
Schedule of Valuation and Qualifying Accounts Disclosure [Text Block] | ' | ||||||||||||||||||||
VALUATION AND QUALIFYING ACCOUNTS | |||||||||||||||||||||
Additions | |||||||||||||||||||||
(dollars in millions) | Beginning of Period | Charge (Benefit) to Expenses | To (from) Other Accounts | Deductions | End of Period | ||||||||||||||||
Allowance for Doubtful Accounts | |||||||||||||||||||||
Year 2013 | $ | 13.3 | $ | 11.3 | $ | — | $ | 12.4 | $ | 12.2 | |||||||||||
Year 2012 | $ | 11.6 | $ | 13.9 | $ | — | $ | 12.2 | $ | 13.3 | |||||||||||
Year 2011 | $ | 14 | $ | 13.9 | $ | — | $ | 16.3 | $ | 11.6 | |||||||||||
Deferred Tax Valuation Allowance | |||||||||||||||||||||
Year 2013 | $ | 56.8 | $ | 14.1 | $ | (2.6 | ) | $ | — | $ | 68.3 | ||||||||||
Year 2012 | $ | 58.4 | $ | (1.7 | ) | $ | 0.1 | $ | — | $ | 56.8 | ||||||||||
Year 2011 | $ | 60 | $ | (2.9 | ) | $ | 1.3 | $ | — | $ | 58.4 | ||||||||||
Description_of_Business_and_Ac1
Description of Business and Accounting Policies (Policies) | 12 Months Ended |
Dec. 31, 2013 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ' |
Basis of Presentation | ' |
Basis of Presentation — The consolidated financial statements of the Company have been prepared pursuant to the rules and regulations of the U.S. Securities and Exchange Commission ("SEC") and, in the opinion of management, include all adjustments necessary for a fair presentation of the results of operations, comprehensive income (loss), financial position, and cash flows for each period presented. | |
Basis of Consolidation | ' |
Basis of Consolidation — The consolidated financial statements include the consolidated accounts of Cincinnati Bell Inc. and its majority-owned subsidiaries over which it exercises control. Intercompany accounts and transactions have been eliminated in the consolidated financial statements. Investments over which the Company exercises significant influence are recorded under the equity method. As of December 31, 2013, the Company applies the equity method to its investment in CyrusOne. As of December 31, 2012, the Company had no equity method investments. Investments in which we own less than 20% of the ownership interests and cannot exercise significant influence over the investee’s operations are recorded at cost. | |
Use of Estimates | ' |
Use of Estimates — The preparation of financial statements in conformity with generally accepted accounting principles ("GAAP") requires management to make estimates and assumptions that affect the amounts reported. Actual results could differ from those estimates. Significant items subject to such estimates and judgments include: the carrying value of property, plant and equipment; the valuation of insurance and claims liabilities; the valuation of allowances for receivables and deferred income taxes; reserves recorded for income tax exposures; the valuation of asset retirement obligations; assets and liabilities related to employee benefits; and the valuation of goodwill and intangibles. In the normal course of business, the Company is also subject to various regulatory and tax proceedings, lawsuits, claims, and other matters. The Company believes adequate provision has been made for all such asserted and unasserted claims in accordance with GAAP. Such matters are subject to many uncertainties and outcomes that are not predictable with assurance. | |
Investment in CyrusOne | ' |
Investment in CyrusOne - We completed the IPO of CyrusOne on January 24, 2013, and as of that date, we have significant influence over it but do not control its operations. As a result, effective January 24, 2013, our ownership in CyrusOne is accounted for as an equity method investment. From that date, we recognize our proportionate share of CyrusOne's net income or loss as non-operating income or expense in our Consolidated Statement of Operations. For the period January 1, 2013 through January 23, 2013, we consolidated CyrusOne's operating results. For the year ended December 31, 2013, the Company received cash dividends from CyrusOne totaling $21.3 million. Dividends from CyrusOne are recognized as a reduction of our investment. | |
Cash and Cash Equivalents | ' |
Cash and Cash Equivalents — Cash consists of funds held in bank accounts. Cash equivalents consist of short-term, highly liquid investments with original maturities of three months or less. | |
Receivables | ' |
Receivables — Receivables consist principally of trade receivables from customers and are generally unsecured and due within 21 - 90 days. The Company has receivables with one large customer that exceed 10% of the outstanding accounts receivable balance at December 31, 2013 and 2012. Unbilled receivables arise from services rendered but not yet billed. As of December 31, 2013 and 2012, unbilled receivables totaled $23.2 million and $26.0 million, respectively. Expected credit losses related to trade receivables are recorded as an allowance for uncollectible accounts in the Consolidated Balance Sheets. The Company establishes the allowances for uncollectible accounts using percentages of aged accounts receivable balances to reflect the historical average of credit losses as well as specific provisions for certain identifiable, potentially uncollectible balances. When internal collection efforts on accounts have been exhausted, the accounts are written off and the associated allowance for uncollectible accounts is reduced. | |
Inventory, Materials and Supplies | ' |
Inventory, Materials and Supplies — Inventory, materials and supplies consists of wireless handsets, wireline network components, various telephony and IT equipment to be sold to customers, maintenance inventories, and other materials and supplies, which are carried at the lower of average cost or market. | |
Property, Plant and Equipment | ' |
Property, Plant and Equipment — Property, plant and equipment is stated at original cost and presented net of accumulated depreciation and impairment losses. Maintenance and repairs are charged to expense as incurred while improvements which extend an asset's useful life or increase its functionality are capitalized and depreciated over the asset's remaining life. The majority of the Wireline network property, plant and equipment used to generate its voice and data revenue is depreciated using the group method, which develops a depreciation rate annually based on the average useful life of a specific group of assets rather than for each individual asset as would be utilized under the unit method. The estimated life of the group changes as the composition of the group of assets and their related lives change. Provision for depreciation of other property, plant and equipment, except for leasehold improvements, is based on the straight-line method over the estimated economic useful life. Depreciation of leasehold improvements is based on a straight-line method over the lesser of the economic useful life of the asset or the term of the lease, including optional renewal periods if renewal of the lease is reasonably assured. | |
Additions and improvements, including interest and certain labor costs incurred during the construction period, are capitalized. The Company records the fair value of a legal liability for an asset retirement obligation in the period it is incurred. The estimated removal cost is initially capitalized and depreciated over the remaining life of the underlying asset. The associated liability is accreted to its present value each period. Once the obligation is ultimately settled, any difference between the final cost and the recorded liability is recognized as gain or loss on disposition. | |
Goodwill and Indefinite-Lived Intangible Assets | ' |
Goodwill and Indefinite-Lived Intangible Assets | |
Goodwill — Goodwill represents the excess of the purchase price consideration over the fair value of net assets acquired and recorded in connection with business acquisitions. Goodwill is generally allocated to reporting units one level below business segments. Goodwill is tested for impairment on an annual basis or when events or changes in circumstances indicate that such assets may be impaired. If the net book value of the reporting unit exceeds its fair value, an impairment loss may be recognized. An impairment loss is measured as the excess of the carrying value of goodwill of a reporting unit over its implied fair value. The implied fair value of goodwill represents the difference between the fair value of the reporting unit and the fair value of all the assets and liabilities of that unit, including any unrecognized intangible assets. | |
Intangible assets not subject to amortization — Intangible assets represent purchased assets that lack physical substance but can be separately distinguished from goodwill because of contractual or legal rights, or because the asset is capable of being separately sold or exchanged. Federal Communications Commission ("FCC") licenses for wireless spectrum represent indefinite-lived intangible assets. The Company may renew the wireless licenses in a routine manner every ten years for a nominal fee, provided the Company continues to meet the service and geographic coverage provisions required by the FCC. Intangible assets not subject to amortization are tested for impairment annually, or when events or changes in circumstances indicate that the asset might be impaired. | |
Long-Lived Assets | ' |
Long-Lived Assets — Management reviews the carrying value of property, plant and equipment and other long-lived assets, including intangible assets with definite lives, when events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable. An impairment loss is recognized when the estimated future undiscounted cash flows expected to result from the use of an asset (or group of assets) and its eventual disposition is less than its carrying amount. An impairment loss is measured as the amount by which the asset’s carrying value exceeds its estimated fair value. Long-lived intangible assets are amortized based on the estimated economic value generated by the asset in future years. | |
Cost Method Investments | ' |
Cost Method Investments — Certain of our cost method investments do not have readily determinable fair values. The carrying value of these investments was $2.5 million and $2.7 million as of December 31, 2013 and 2012, respectively, and was included in “Other noncurrent assets” in the Consolidated Balance Sheets. Investments are reviewed annually for impairment, or sooner if changes in circumstances indicate the carrying value may not be recoverable. If the carrying value of the investment exceeds its estimated fair value and the decline in value is determined to be other-than-temporary, an impairment loss is recognized for the difference. The Company estimates fair value using external information and discounted cash flow analysis. | |
Leases | ' |
Leases — Certain property and equipment are leased. At lease inception, the lease terms are assessed to determine if the transaction should be classified as a capital or operating lease. | |
Several of the buildings used in our former data center operations were leased facilities. When we were involved in the construction of structural improvements to the leased property, we were deemed the accounting owner of leased real estate. In these instances, we bore substantially all the construction period risk, such as managing or funding construction. These transactions generally did not qualify for sale-leaseback accounting due to our continued involvement in these data center operations. At inception, the fair value of the real estate, which generally consisted of a building shell, and our associated obligation was recorded as construction in progress. As construction progressed, the value of the asset and obligation was increased by the fair value of the structural improvements. When construction was completed, the asset was placed in service and depreciation commenced. Leased real estate was depreciated to the lesser of (i) its estimated fair value at the end of the term or (ii) the expected amount of the unamortized obligation at the end of the term. | |
Treasury Shares | ' |
Treasury Shares — The repurchase of common shares is recorded at purchase cost as treasury shares. Our policy is to retire, either formally or constructively, treasury shares that management anticipates will not be reissued. Upon retirement, the purchase cost of the treasury shares that exceeds par value is recorded as a reduction to “Additional paid-in capital” in the Consolidated Balance Sheets. | |
Revenue Recognition | ' |
Revenue Recognition — We apply the revenue recognition principles described in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification Topic ("ASC") 605, “Revenue Recognition.” Under ASC 605, revenue is recognized when there is persuasive evidence of a sale arrangement, delivery has occurred or services have been rendered, the sales price is fixed or determinable, and collectability is reasonably assured. | |
With respect to arrangements with multiple deliverables, management determines whether more than one unit of accounting exists in an arrangement. To the extent that the deliverables are separable into multiple units of accounting, total consideration is allocated to the individual units of accounting based on their relative fair value, determined by the price of each deliverable when it is regularly sold on a stand-alone basis. Revenue is recognized for each unit of accounting as delivered, or as service is performed, depending on the nature of the deliverable comprising the unit of accounting. | |
Wireline — Revenues from local telephone, special access, internet product and entertainment services, which are billed monthly prior to performance of service, are not recognized upon billing or cash receipt but rather are deferred until the service is provided. Long distance, switched access and other usage based charges are billed monthly in arrears. Wireline bills service revenue in regular monthly cycles, which are spread throughout the days of the month. As the last day of each billing cycle rarely coincides with the end of the reporting period for usage-based services such as long distance and switched access, we must estimate service revenues earned but not yet billed. These estimates are based upon historical usage, and we adjust these estimates during the period in which actual usage is determinable, typically in the following reporting period. | |
Initial billings for Wireline service connection and activation are deferred and amortized into revenue on a straight-line basis over the average customer life. The associated connection and activation costs, to the extent of the upfront fees, are also deferred and amortized on a straight-line basis over the average customer life. | |
Pricing of local voice services is generally subject to oversight by both state and federal regulatory commissions. Such regulation also covers services, competition, and other public policy issues. Various regulatory rulings and interpretations could result in increases or decreases to revenue in future periods. | |
Wireless — Postpaid wireless and reciprocal compensation are billed monthly in arrears. Wireless bills service revenue in regular monthly cycles, which are spread throughout the days of the month. As the last day of each billing cycle rarely coincides with the end of the reporting period for usage-based services such as postpaid wireless, we estimate service revenues earned but not yet billed. Our estimates are based upon historical usage, and we adjust these estimates during the period in which actual usage is determinable, typically in the following reporting period. | |
Revenue from prepaid wireless service, which is collected in advance, is not recognized upon billing or cash receipt, but rather is deferred until the service is provided. | |
Wireless handset revenue and the related activation revenue are recognized when the products are delivered to and accepted by the customer, as this is considered to be a separate earnings process from the sale of wireless services. Wireless equipment costs are also recognized upon handset sale and are generally in excess of the related handset and activation revenue. Revenue from termination fees is recognized when collection is deemed reasonably assured. | |
IT Services and Hardware — Professional services, including product installations, are recognized as the service is provided. Maintenance services on telephony equipment are deferred and recognized ratably over the term of the underlying customer contract, generally one to four years. | |
Equipment revenue is recognized upon the completion of our contractual obligations, such as shipment, delivery, installation, or customer acceptance. Installation service revenue is generally recognized when installation is complete. We have vendor specific evidence of selling price for installation services, as we sell these services on a standalone basis. | |
The Company is a reseller of IT and telephony equipment. For these transactions, we consider the gross versus net revenue recording criteria of ASC 605. Based on this criteria, these equipment revenues and associated costs have generally been recorded on a gross basis, rather than recording the revenues net of the associated costs. Vendor rebates are earned on certain equipment sales. When the rebate is earned and the amount is determinable, we recognize the rebate as an offset to cost of products sold. | |
Data Center Colocation — During the period of time in which we included the accounts of CyrusOne in our consolidated financial statements, data center colocation rentals were generally billed monthly in advance and some contracts had escalating payments over the non-cancellable term of the contract. If rents escalated without the lessee gaining access to or control over additional leased space or power, and the lessee took possession of, or controlled the physical use of the property (including all contractually committed power) at the beginning of the lease term, the rental payments by the lessee were recognized as revenue on a straight-line basis over the term of the lease. If rents escalated because the lessee gained access to and control over additional leased space or power, revenue was recognized in proportion to the additional space or power in the years that the lessee had control over the use of the additional space or power. The excess of revenue recognized over amounts contractually due is recognized in other current and noncurrent assets in the accompanying Consolidated Balance Sheets. | |
Some of our leases were structured on a full-service gross basis in which the customer paid a fixed amount for both colocation rental and power. Other leases provided that the customer would be billed for power based upon actual usage which was separately metered. In both cases, this revenue is presented on a gross basis in the accompanying Consolidated Statements of Operations. Power was generally billed one month in arrears and an estimate of this revenue was accrued in the month that the associated costs were incurred. We generally were not entitled to reimbursements for real estate taxes, insurance or other operating expenses. | |
Revenue was recognized for services or products that were deemed separate units of accounting. When a customer made an advance payment which was not deemed a separate unit of accounting, deferred revenue was recorded. This revenue was recognized ratably over the expected term of the customer relationship, unless the pattern of service suggested otherwise. | |
Certain customer contracts required specified levels of service or performance. If we failed to meet these service levels, our customers may have been eligible to receive credits on their contractual billings. These credits were recognized against revenue when an event occurred that gave rise to such credits. | |
Advertising Expenses | ' |
Advertising Expenses — Costs related to advertising are expensed as incurred. Advertising costs were $12.2 million, $16.6 million, and $18.4 million in 2013, 2012, and 2011, respectively. | |
Legal Expenses | ' |
Legal Expenses — In the normal course of business, the Company is involved in various claims and legal proceedings. Legal costs incurred in connection with loss contingencies are expensed as incurred. Legal claim accruals are recorded once determined to be both probable and estimable. | |
Income Taxes | ' |
Income taxes — The Company and its subsidiaries file income tax returns in the U.S. federal jurisdiction as well as various foreign, state and local jurisdictions. The provision for income taxes is based upon income in the consolidated financial statements, rather than amounts reported on the income tax return. The income tax provision consists of an amount for taxes currently payable and an amount for tax consequences deferred to future periods. Deferred investment tax credits are amortized as a reduction of the provision for income taxes over the estimated useful lives of the related property, plant and equipment. Deferred income taxes are provided for temporary differences between financial statement and income tax assets and liabilities. Deferred income taxes are recalculated annually at rates then in effect. Valuation allowances are recorded to reduce deferred tax assets to amounts that are more likely than not to be realized. The ultimate realization of the deferred income tax assets depends upon the ability to generate future taxable income during the periods in which basis differences and other deductions become deductible and prior to the expiration of the net operating loss carryforwards. In the first quarter of 2013, the Company recorded a valuation allowance provision of $10.7 million for Texas margin credits, which effective with CyrusOne's IPO on January 24, 2013, are unlikely to be realized before their expiration date. | |
Previous tax filings are subject to normal reviews by regulatory agencies until the related statute of limitations expires. | |
Operating Taxes | ' |
Operating taxes — Certain operating taxes such as property, sales, use, and gross receipts taxes are reported as expenses in operating income primarily within cost of services. These taxes are not included in income tax expense because the amounts to be paid are not dependent on our level of income. Liabilities for audit exposures are established based on management's assessment of the probability of payment. The provision for such liabilities is recognized as either property, plant and equipment, operating tax expense, or depreciation expense depending on the nature of the audit exposure. Upon resolution of an audit, any remaining liability not paid is released against the account in which it was originally recorded. | |
Regulatory Taxes | ' |
Regulatory taxes — The Company incurs federal regulatory taxes on certain revenue producing transactions. We are permitted to recover certain of these taxes by billing the customer; however, collections cannot exceed the amount due to the federal regulatory agency. These federal regulatory taxes are presented in sales and cost of services on a gross basis because, while the Company is required to pay the tax, it is not required to collect the tax from customers and, in fact, does not collect the tax from customers in certain instances. The amounts recorded as revenue for 2013, 2012, and 2011 were $18.9 million, $22.2 million, and $20.6 million, respectively. The amounts expensed for 2013, 2012, and 2011 were $19.2 million, $24.4 million, and $22.7 million, respectively. We record all other federal taxes collected from customers on a net basis. | |
Stock-Based Compensation | ' |
Stock-Based Compensation — Compensation cost is recognized for all share-based awards to employees. We value all share-based awards to employees at fair value on the date of grant and expense this amount over the required service period, generally defined as the applicable vesting period. For awards which contain a performance condition, compensation expense is recognized over the service period, when achievement of the performance condition is deemed probable. The fair value of stock options and stock appreciation rights is determined using the Black-Scholes option-pricing model using assumptions such as volatility, risk-free interest rate, holding period and dividends. The fair value of stock awards is based on the Company’s closing share price on the date of grant. For all share-based payments, an assumption is also made for the estimated forfeiture rate based on the historical behavior of employees. The forfeiture rate reduces the total fair value of the awards to be recognized as compensation expense. Our accounting policy for graded vesting awards is to recognize compensation expense on a straight-line basis over the vesting period. We have also granted employee awards to be ultimately paid in cash which are indexed to the change in the Company’s common stock price. These awards are adjusted to the fair value of the Company's common stock, and the adjusted fair value is expensed on a pro-rata basis over the vesting period. When an award is granted to an employee who is retirement eligible, the compensation cost is recognized over the service period up to the date that the employee first becomes eligible to retire. | |
Pension and Postretirement Benefit Plans | ' |
Pension and Postretirement Benefit Plans — The Company maintains qualified and non-qualified defined benefit pension plans, and also provides postretirement healthcare and life insurance benefits for eligible employees. We recognize the overfunded or underfunded status of the defined benefit pension and other postretirement benefit plans as either an asset or liability. Changes in the funded status of these plans are recognized as a component of comprehensive income (loss) in the year they occur. Pension and postretirement healthcare and life insurance benefits earned during the year and interest on the projected benefit obligations are accrued and recognized currently in net periodic benefit cost. Prior service costs and credits are amortized over the average life expectancy of participants or remaining service period, based upon whether plan participants are mostly retirees or active employees. Net gains or losses resulting from differences between actuarial experience and assumptions or from changes in actuarial assumptions, are recognized as a component of annual net periodic benefit cost. Unrecognized actuarial gains or losses that exceed 10% of the projected benefit obligation are amortized on a straight-line basis over the average remaining service life of active employees for the pension and bargained postretirement plans (approximately 10-14 years) and average life expectancy of retirees for the management postretirement plan (approximately 16 years). | |
Termination Benefits | ' |
Termination Benefits — The Company has written severance plans covering both its management and union employees and, as such, accrues probable and estimable employee separation liabilities in accordance with ASC 712, “Compensation — Nonretirement Postemployment Benefits.” These liabilities are based on the Company’s historical experience of severance, historical severance costs, and management’s expectation of future separations. | |
Special termination benefits are recognized upon acceptance by an employee of a voluntary termination offer. For terminations involving a large group of employees, we consider whether a pension and postretirement curtailment event has occurred. We define a curtailment as an event that reduces the expected years of future service of present employees by 10% or more. | |
Business Combinations | ' |
Business Combinations — In accounting for business combinations, we apply the accounting requirements of ASC 805, “Business Combinations,” which requires the recording of net assets of acquired businesses at fair value. In developing estimates of fair value of acquired assets and assumed liabilities, management analyzes a variety of factors including market data, estimated future cash flows of the acquired operations, industry growth rates, current replacement cost for fixed assets, and market rate assumptions for contractual obligations. Such a valuation requires management to make significant estimates and assumptions, particularly with respect to the intangible assets. In addition, contingent consideration is presented at fair value at the date of acquisition. Transaction costs are expensed as incurred. | |
Fair Value Measurements | ' |
Fair Value Measurements — Fair value of financial and non-financial assets and liabilities is defined as the price representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. Fair value is utilized to measure certain investments on a recurring basis. Fair value measurements are also utilized to determine the initial value of assets and liabilities acquired in a business combination, to perform impairment tests, and for disclosure purposes. | |
Management uses quoted market prices and observable inputs to the maximum extent possible when measuring fair value. In the absence of quoted market prices or observable inputs, fair value is determined using valuation models that incorporate assumptions that a market participant would use in pricing the asset or liability. | |
Fair value measurements are classified within one of three levels, which prioritize the inputs used in the methodologies of measuring fair value for assets and liabilities, as follows: | |
Level 1 — Quoted market prices for identical instruments in an active market; | |
Level 2 — Quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (i.e., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs); and | |
Level 3 — Unobservable inputs that reflect management's determination of assumptions that market participants would use in pricing the asset or liability. These inputs are developed based on the best information available, including our own data. | |
Foreign Currency Translation and Transactions | ' |
Foreign Currency Translation and Transactions — The financial position of foreign subsidiaries is translated at the exchange rates in effect at the end of the period, while revenues and expenses are translated at average rates of exchange during the period. Gains or losses from translation of foreign operations where the local currency is the functional currency are included as components of accumulated other comprehensive income (loss). Gains and losses arising from foreign currency transactions are recorded in other income (expense) in the period incurred. | |
Earnings Per Common Share | ' |
Basic earnings per common share ("EPS") is based upon the weighted-average number of common shares outstanding during the period. Diluted EPS reflects the potential dilution that would occur upon issuance of common shares for awards under stock-based compensation plans, exercise of warrants, or conversion of preferred stock, but only to the extent that they are considered dilutive. | |
Fair Value of Financial Instruments | ' |
The fair value of our investment in CyrusOne was based on the closing market price of CyrusOne's common stock on December 31, 2013. This fair value measurement is considered Level 1 of the fair value hierarchy. | |
The fair value of debt instruments was based on closing or estimated market prices of the Company’s debt at December 31, 2013 and 2012, which is considered Level 2 of the fair value hierarchy. | |
As of January 24, 2013, upon completion of the IPO of CyrusOne, we no longer consolidate CyrusOne. Therefore, the other financing arrangements related to CyrusOne are no longer accounted for in our consolidated financial statements. As of December 31, 2012, the fair value of other financing arrangements was calculated using a discounted cash flow model that incorporates current borrowing rates for obligations of similar duration, which is considered Level 3 of the fair value hierarchy. As of December 31, 2012, the current borrowing rate was estimated by applying CyrusOne's credit spread to the risk-free rate for a similar duration borrowing. |
Investment_in_CyrusOne_Tables
Investment in CyrusOne (Tables) | 12 Months Ended | ||||
Dec. 31, 2013 | |||||
Related Party Transaction [Line Items] | ' | ||||
Assets and Liabilities Deconsolidated [Table Text Block] | ' | ||||
On January 24, 2013, we completed the initial public offering of CyrusOne, our former Data Center Colocation segment. As of this date, we no longer control CyrusOne's operations and we removed the following assets and liabilities of CyrusOne from our consolidated financial statements: | |||||
(dollars in millions) | |||||
Cash | $ | 12.2 | |||
Receivables | 41.5 | ||||
Other current assets | 13.4 | ||||
Property, plant and equipment | 736.2 | ||||
Goodwill and intangibles | 377.7 | ||||
Other noncurrent assets | 44 | ||||
Total assets | 1,225.00 | ||||
Current portion of long-term debt | 6.3 | ||||
Accounts payable | 29.4 | ||||
Unearned revenue and customer deposits | 24.1 | ||||
Other current liabilities | 12.9 | ||||
Long-term debt | 550.3 | ||||
Other noncurrent liabilities | 92.3 | ||||
Total liabilities | 715.3 | ||||
Net assets | $ | 509.7 | |||
Condensed Income Statement, Equity Method Investee | ' | ||||
Summarized financial information for CyrusOne is as follows: | |||||
(dollars in millions) | January 24, 2013 to December 31, 2013 | ||||
Revenue | $ | 248.4 | |||
Operating income | 28.9 | ||||
Net loss | (15.6 | ) | |||
Condensed Balance Sheet, Equity Method Investee | ' | ||||
(dollars in millions) | As of December 31, 2013 | ||||
Net investment in real estate | $ | 883.8 | |||
Total assets | 1,506.80 | ||||
Total liabilities | 729.2 | ||||
Related Party Revenues and Expenses [Member] | ' | ||||
Related Party Transaction [Line Items] | ' | ||||
Schedule of Related Party Transactions [Table Text Block] | ' | ||||
Revenues and operating costs and expenses from transactions with CyrusOne were as follows: | |||||
(dollars in millions) | January 24, 2013 to December 31, 2013 | ||||
Revenue: | |||||
Services provided to CyrusOne | $ | 2.1 | |||
Operating costs and expenses: | |||||
Transaction-related compensation to CyrusOne employees | $ | 20 | |||
Charges for services provided by CyrusOne | 8.8 | ||||
Administrative services provided to CyrusOne | (0.6 | ) | |||
Total operating costs and expenses | $ | 28.2 | |||
Related Party Receivables and Payables [Member] | ' | ||||
Related Party Transaction [Line Items] | ' | ||||
Schedule of Related Party Transactions [Table Text Block] | ' | ||||
At December 31, 2013, amounts receivable from and payable to CyrusOne were as follows: | |||||
(dollars in millions) | December 31, 2013 | ||||
Accounts receivable | $ | 2.1 | |||
Dividends receivable | 7.1 | ||||
Receivable from CyrusOne | $ | 9.2 | |||
Accounts payable | $ | 0.5 | |||
Payable to CyrusOne | $ | 0.5 | |||
Earnings_Per_Common_Share_Tabl
Earnings Per Common Share (Tables) | 12 Months Ended | |||||||||||
Dec. 31, 2013 | ||||||||||||
Earnings Per Share [Abstract] | ' | |||||||||||
Schedule of Calculation of Numerator and Denominator in Earnings Per Share | ' | |||||||||||
The following table shows the computation of basic and diluted EPS: | ||||||||||||
Year Ended December 31, | ||||||||||||
(in millions, except per share amounts) | 2013 | 2012 | 2011 | |||||||||
Numerator: | ||||||||||||
Net (loss) income | $ | (54.7 | ) | $ | 11.2 | $ | 18.6 | |||||
Preferred stock dividends | 10.4 | 10.4 | 10.4 | |||||||||
Net (loss) income applicable to common shareowners - basic and diluted | $ | (65.1 | ) | $ | 0.8 | $ | 8.2 | |||||
Denominator: | ||||||||||||
Weighted-average common shares outstanding - basic | 205.9 | 197 | 196.8 | |||||||||
Warrants | — | 4.5 | 0.4 | |||||||||
Stock-based compensation arrangements | — | 3.2 | 2.8 | |||||||||
Weighted-average common shares outstanding - diluted | 205.9 | 204.7 | 200 | |||||||||
Basic and diluted (loss) earnings per common share | $ | (0.32 | ) | $ | 0 | $ | 0.04 | |||||
Property_Plant_and_Equipment_T
Property, Plant and Equipment (Tables) | 12 Months Ended | |||||||||||
Dec. 31, 2013 | ||||||||||||
Property, Plant and Equipment [Abstract] | ' | |||||||||||
Property, Plant and Equipment [Table Text Block] | ' | |||||||||||
Property, plant and equipment is comprised of the following: | ||||||||||||
December 31, | Depreciable | |||||||||||
(dollars in millions) | 2013 | 2012 | Lives (Years) | |||||||||
Land and rights-of-way | $ | 4.3 | $ | 49.7 | 20 | - | Indefinite | |||||
Buildings and leasehold improvements | 172.8 | 895.9 | 2 | - | 40 | |||||||
Network equipment | 2,897.70 | 2,858.40 | 2 | - | 50 | |||||||
Office software, furniture, fixtures and vehicles | 152.9 | 133.8 | 2 | - | 14 | |||||||
Construction in process | 20.7 | 78.6 | n/a | |||||||||
Gross value | 3,248.40 | 4,016.40 | ||||||||||
Accumulated depreciation | (2,345.6 | ) | (2,429.0 | ) | ||||||||
Property, plant and equipment, net | $ | 902.8 | $ | 1,587.40 | ||||||||
Goodwill_and_Intangible_Assets1
Goodwill and Intangible Assets (Tables) | 12 Months Ended | |||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||
Goodwill and Intangible Assets [Abstract] | ' | |||||||||||||||||||
Schedule of Goodwill [Table Text Block] | ' | |||||||||||||||||||
The changes in the carrying amount of goodwill, for the years ended December 31, 2013 and 2012 are as follows: | ||||||||||||||||||||
(dollars in millions) | Wireline | Wireless | IT Services and Hardware | Data Center Colocation | Total | |||||||||||||||
Balance as of December 31, 2011 | $ | 11.8 | $ | — | $ | 2.6 | $ | 276.2 | $ | 290.6 | ||||||||||
Impairment | — | — | — | — | — | |||||||||||||||
Balance as of December 31, 2012 | 11.8 | — | 2.6 | 276.2 | 290.6 | |||||||||||||||
Goodwill divested from deconsolidation of CyrusOne | — | — | — | (276.2 | ) | (276.2 | ) | |||||||||||||
Balance as of December 31, 2013 | $ | 11.8 | $ | — | $ | 2.6 | $ | — | $ | 14.4 | ||||||||||
Schedule of Finite-Lived Intangible Assets by Major Class [Table Text Block] | ' | |||||||||||||||||||
Summarized below are the carrying values for the major classes of intangible assets subject to amortization: | ||||||||||||||||||||
Weighted- | ||||||||||||||||||||
Average | December 31, 2013 | December 31, 2012 | ||||||||||||||||||
Life in | Gross Carrying | Accumulated | Gross Carrying | Accumulated | ||||||||||||||||
(dollars in millions) | Years | Amount | Amortization | Amount | Amortization | |||||||||||||||
Customer relationships | ||||||||||||||||||||
Wireline | 10 | $ | 7 | $ | (6.1 | ) | $ | 7 | (4.9 | ) | ||||||||||
Wireless | 9 | 8.7 | (8.5 | ) | 8.7 | (8.1 | ) | |||||||||||||
IT Services and Hardware | 5 | 2 | (2.0 | ) | 2 | (2.0 | ) | |||||||||||||
Data Center Colocation | 15 | — | — | 129.5 | (36.8 | ) | ||||||||||||||
17.7 | (16.6 | ) | 147.2 | (51.8 | ) | |||||||||||||||
Trademarks | ||||||||||||||||||||
Wireless | 6 | 6.2 | (3.8 | ) | 6.2 | (2.8 | ) | |||||||||||||
Data Center Colocation | 15 | — | — | 7.4 | (1.3 | ) | ||||||||||||||
6.2 | (3.8 | ) | 13.6 | (4.1 | ) | |||||||||||||||
Favorable leasehold interest | ||||||||||||||||||||
Data Center Colocation | 56 | — | — | 3.9 | (0.2 | ) | ||||||||||||||
$ | 23.9 | $ | (20.4 | ) | $ | 164.7 | $ | (56.1 | ) | |||||||||||
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] | ' | |||||||||||||||||||
The following table presents estimated amortization expense for 2014 through 2018: | ||||||||||||||||||||
(dollars in millions) | ||||||||||||||||||||
2014 | $ | 1.7 | ||||||||||||||||||
2015 | 1.2 | |||||||||||||||||||
2016 | 0.6 | |||||||||||||||||||
2017 | — | |||||||||||||||||||
2018 | — | |||||||||||||||||||
Debt_Tables
Debt (Tables) | 12 Months Ended | |||||||||||
Dec. 31, 2013 | ||||||||||||
Debt Instruments [Abstract] | ' | |||||||||||
Schedule of Long-term Debt Instruments | ' | |||||||||||
The Company’s debt consists of the following: | ||||||||||||
December 31, | ||||||||||||
(dollars in millions) | 2013 | 2012 | ||||||||||
Current portion of long-term debt: | ||||||||||||
Corporate Credit Agreement - Tranche B Term Loan | $ | 5.4 | $ | — | ||||||||
Capital lease obligations and other debt | 7.2 | 13.4 | ||||||||||
Current portion of long-term debt | 12.6 | 13.4 | ||||||||||
Long-term debt, less current portion: | ||||||||||||
Corporate Credit Agreement | 40 | — | ||||||||||
Receivables facility | 106.2 | 52 | ||||||||||
8 1/4% Senior Notes due 2017 | — | 500 | ||||||||||
8 3/4% Senior Subordinated Notes due 2018 | 625 | 625 | ||||||||||
Corporate Credit Agreement - Tranche B Term Loan | 533.2 | — | ||||||||||
8 3/8% Senior Notes due 2020 | 683.9 | 683.9 | ||||||||||
CyrusOne 6 3/8% Senior Notes due 2022 | — | 525 | ||||||||||
7 1/4% Senior Notes due 2023 | 40 | 40 | ||||||||||
Various Cincinnati Bell Telephone notes | 134.5 | 134.5 | ||||||||||
Capital lease obligations and other debt | 96.1 | 123.1 | ||||||||||
2,258.90 | 2,683.50 | |||||||||||
Net unamortized discount | (6.3 | ) | (7.5 | ) | ||||||||
Long-term debt, less current portion | 2,252.60 | 2,676.00 | ||||||||||
Total debt | $ | 2,265.20 | $ | 2,689.40 | ||||||||
Schedule of Maturities of Long-term Debt [Table Text Block] | ' | |||||||||||
The following table summarizes our annual principal maturities of debt and capital leases for the five years subsequent to December 31, 2013, and thereafter: | ||||||||||||
Capital | Total | |||||||||||
(dollars in millions) | Debt | Leases | Debt | |||||||||
Year ended December 31, | ||||||||||||
2014 | $ | 5.7 | $ | 6.9 | $ | 12.6 | ||||||
2015 | 5.6 | 6.3 | 11.9 | |||||||||
2016 | 111.7 | 6.6 | 118.3 | |||||||||
2017 | 45.6 | 3.8 | 49.4 | |||||||||
2018 | 630.4 | 2.9 | 633.3 | |||||||||
Thereafter | 1,370.00 | 76 | 1,446.00 | |||||||||
2,169.00 | 102.5 | 2,271.50 | ||||||||||
Net unamortized discount | (6.3 | ) | — | (6.3 | ) | |||||||
Total debt | $ | 2,162.70 | $ | 102.5 | $ | 2,265.20 | ||||||
Commitments_and_Contingencies_
Commitments and Contingencies (Tables) | 12 Months Ended | |||||||
Dec. 31, 2013 | ||||||||
Commitments and Contingencies [Abstract] | ' | |||||||
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] | ' | |||||||
At December 31, 2013, future minimum lease payments required under operating leases having initial or remaining non-cancellable lease terms for the next five years are as follows: | ||||||||
(dollars in millions) | ||||||||
2014 | $ | 10.9 | ||||||
2015 | 8.1 | |||||||
2016 | 4.5 | |||||||
2017 | 2.6 | |||||||
2018 | 1.1 | |||||||
Thereafter | 1.1 | |||||||
Total | $ | 28.3 | ||||||
Schedule of Change in Asset Retirement Obligation [Table Text Block] | ' | |||||||
The following table presents the activity for the Company’s asset retirement obligations, which are included in "Other noncurrent liabilities" in the Consolidated Balance Sheets: | ||||||||
December 31, | ||||||||
(dollars in millions) | 2013 | 2012 | ||||||
Balance, beginning of period | $ | 7.1 | $ | 5.4 | ||||
Liabilities settled | (0.1 | ) | — | |||||
Liabilities incurred | 0.1 | 0.2 | ||||||
Revisions to estimated cash flow | 1.1 | 1.1 | ||||||
Accretion expense | 0.5 | 0.4 | ||||||
Deconsolidation of CyrusOne | (0.2 | ) | — | |||||
Balance, end of period | $ | 8.5 | $ | 7.1 | ||||
Financial_Instruments_and_Fair1
Financial Instruments and Fair Value Measurements (Tables) | 12 Months Ended | |||||||||||||||
Dec. 31, 2013 | ||||||||||||||||
Fair Value Disclosures [Abstract] | ' | |||||||||||||||
Fair Value, by Balance Sheet Grouping | ' | |||||||||||||||
The carrying value and fair value of the Company’s financial instruments are as follows: | ||||||||||||||||
December 31, 2013 | December 31, 2012 | |||||||||||||||
(dollars in millions) | Carrying Value | Fair Value | Carrying Value | Fair Value | ||||||||||||
Investment in CyrusOne | $ | 471 | $ | 993.2 | $ | — | $ | — | ||||||||
Long-term debt, including current portion* | 2,162.70 | 2,248.30 | 2,554.30 | 2,699.50 | ||||||||||||
Other financing arrangements | — | — | 60.8 | 69.5 | ||||||||||||
*Excludes capital leases. | ||||||||||||||||
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Table Text Block] | ' | |||||||||||||||
During 2012, the following assets were remeasured at fair value in connection with impairment tests: | ||||||||||||||||
Fair Value Measurements Using | ||||||||||||||||
(dollars in millions) | Year Ended | Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Impairment Losses | |||||||||||
31-Dec-12 | ||||||||||||||||
Customer relationship intangible | 2.8 | — | — | 2.8 | (1.5 | ) | ||||||||||
Property: | ||||||||||||||||
Leasehold improvements | 2.4 | — | — | 2.4 | (11.8 | ) | ||||||||||
Network equipment | 0.4 | — | — | 0.4 | (0.5 | ) | ||||||||||
Other | — | — | — | — | (0.4 | ) | ||||||||||
Impairment of assets | (14.2 | ) |
Restructuring_Charges_Tables
Restructuring Charges (Tables) | 12 Months Ended | |||||||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||||||
Restructuring and Related Activities [Abstract] | ' | |||||||||||||||||||||||
Schedule of Restructuring and Related Costs | ' | |||||||||||||||||||||||
A summary of activity in the restructuring liability is shown below: | ||||||||||||||||||||||||
(dollars in millions) | Employee | Lease | Contract Terminations | Total | ||||||||||||||||||||
Separation | Abandonment | |||||||||||||||||||||||
Balance as of December 31, 2010 | $ | 11.7 | $ | 7.2 | $ | 1.4 | $ | 20.3 | ||||||||||||||||
Charges | 8 | 2.5 | 1.7 | 12.2 | ||||||||||||||||||||
Utilizations | (5.5 | ) | (1.6 | ) | (1.4 | ) | (8.5 | ) | ||||||||||||||||
Balance as of December 31, 2011 | $ | 14.2 | $ | 8.1 | $ | 1.7 | $ | 24 | ||||||||||||||||
Charges | 2.5 | 0.9 | — | 3.4 | ||||||||||||||||||||
Utilizations | (8.9 | ) | (3.5 | ) | (1.5 | ) | (13.9 | ) | ||||||||||||||||
Balance as of December 31, 2012 | $ | 7.8 | $ | 5.5 | $ | 0.2 | $ | 13.5 | ||||||||||||||||
Charges | 9 | 4.1 | 0.6 | 13.7 | ||||||||||||||||||||
Utilizations | (7.1 | ) | (3.6 | ) | (0.7 | ) | (11.4 | ) | ||||||||||||||||
Balance as of December 31, 2013 | $ | 9.7 | $ | 6 | $ | 0.1 | $ | 15.8 | ||||||||||||||||
Schedule of Restructuring and Related Costs by Segment [Table Text Block] | ' | |||||||||||||||||||||||
A summary of restructuring activity by business segment is presented below: | ||||||||||||||||||||||||
(dollars in millions) | Wireline | Wireless | IT Services and Hardware | Data Center Colocation | Corporate | Total | ||||||||||||||||||
Balance as of December 31, 2010 | $ | 12.8 | $ | 1 | $ | 1.3 | $ | 1.4 | $ | 3.8 | $ | 20.3 | ||||||||||||
Charges | 7.7 | — | 1.9 | — | 2.6 | 12.2 | ||||||||||||||||||
Utilizations | (5.4 | ) | (0.3 | ) | (0.7 | ) | (1.4 | ) | (0.7 | ) | (8.5 | ) | ||||||||||||
Balance as of December 31, 2011 | $ | 15.1 | $ | 0.7 | $ | 2.5 | $ | — | $ | 5.7 | $ | 24 | ||||||||||||
Charges/(Reversals) | 3.5 | 1.6 | (1.2 | ) | 0.5 | (1.0 | ) | 3.4 | ||||||||||||||||
Utilizations | (10.0 | ) | (0.7 | ) | (0.8 | ) | (0.5 | ) | (1.9 | ) | (13.9 | ) | ||||||||||||
Balance as of December 31, 2012 | $ | 8.6 | $ | 1.6 | $ | 0.5 | $ | — | $ | 2.8 | $ | 13.5 | ||||||||||||
Charges | 9.1 | 0.2 | 0.7 | — | 3.7 | 13.7 | ||||||||||||||||||
Utilizations | (7.2 | ) | (0.3 | ) | (0.4 | ) | — | (3.5 | ) | (11.4 | ) | |||||||||||||
Balance as of December 31, 2013 | $ | 10.5 | $ | 1.5 | $ | 0.8 | $ | — | $ | 3 | $ | 15.8 | ||||||||||||
Pension_and_Postretirement_Pla1
Pension and Postretirement Plans (Tables) | 12 Months Ended | |||||||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||||||
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ' | |||||||||||||||||||||||
Schedule of Net Benefit Costs [Table Text Block] | ' | |||||||||||||||||||||||
Pension and postretirement benefit costs for these plans were comprised of: | ||||||||||||||||||||||||
Pension Benefits | Postretirement and Other Benefits | |||||||||||||||||||||||
(dollars in millions) | 2013 | 2012 | 2011 | 2013 | 2012 | 2011 | ||||||||||||||||||
Service cost | $ | 2.1 | $ | 2.6 | $ | 5.1 | $ | 0.4 | $ | 0.5 | $ | 0.3 | ||||||||||||
Interest cost on projected benefit obligation | 18.8 | 21.3 | 24.8 | 4 | 5.6 | 7.1 | ||||||||||||||||||
Expected return on plan assets | (25.7 | ) | (26.1 | ) | (29.3 | ) | — | — | — | |||||||||||||||
Amortization of: | ||||||||||||||||||||||||
Prior service cost (benefit) | 0.2 | 0.1 | 0.3 | (14.1 | ) | (13.2 | ) | (13.2 | ) | |||||||||||||||
Actuarial loss | 22 | 19.4 | 14.3 | 5.6 | 6.8 | 6.5 | ||||||||||||||||||
Curtailment (gain) loss | (0.6 | ) | — | 4.2 | — | — | — | |||||||||||||||||
Pension/postretirement costs | $ | 16.8 | $ | 17.3 | $ | 19.4 | $ | (4.1 | ) | $ | (0.3 | ) | $ | 0.7 | ||||||||||
Schedule of Changes in Projected Benefit Obligations [Table Text Block] | ' | |||||||||||||||||||||||
Changes in the plans' benefit obligations and funded status are as follows: | ||||||||||||||||||||||||
Postretirement and Other Benefits | ||||||||||||||||||||||||
Pension Benefits | ||||||||||||||||||||||||
(dollars in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||
Change in benefit obligation: | ||||||||||||||||||||||||
Benefit obligation at January 1, | $ | 584.9 | $ | 569.2 | $ | 152.4 | $ | 164.9 | ||||||||||||||||
Service cost | 2.1 | 2.6 | 0.4 | 0.5 | ||||||||||||||||||||
Interest cost | 18.8 | 21.3 | 4 | 5.6 | ||||||||||||||||||||
Prior service credit | — | — | (17.4 | ) | — | |||||||||||||||||||
Actuarial (gain) loss | (38.2 | ) | 30.6 | (19.6 | ) | 2.2 | ||||||||||||||||||
Benefits paid | (44.6 | ) | (38.8 | ) | (23.9 | ) | (26.0 | ) | ||||||||||||||||
Retiree drug subsidy received | — | — | 0.5 | 0.6 | ||||||||||||||||||||
Early retiree subsidy refunded | — | — | — | (0.1 | ) | |||||||||||||||||||
Other | — | — | 5.1 | 4.7 | ||||||||||||||||||||
Benefit obligation at December 31, | $ | 523 | $ | 584.9 | $ | 101.5 | $ | 152.4 | ||||||||||||||||
Change in plan assets: | ||||||||||||||||||||||||
Fair value of plan assets at January 1, | $ | 343.8 | $ | 312.5 | $ | 11.7 | $ | 12.1 | ||||||||||||||||
Actual return on plan assets | 55.1 | 44.2 | 0.4 | 0.4 | ||||||||||||||||||||
Employer contributions | 45 | 25.9 | 22.6 | 24.7 | ||||||||||||||||||||
Retiree drug subsidy received | — | — | 0.5 | 0.6 | ||||||||||||||||||||
Early retiree subsidy refunded | — | — | — | (0.1 | ) | |||||||||||||||||||
Benefits paid | (44.6 | ) | (38.8 | ) | (23.9 | ) | (26.0 | ) | ||||||||||||||||
Fair value of plan assets at December 31, | 399.3 | 343.8 | 11.3 | 11.7 | ||||||||||||||||||||
Unfunded status | $ | (123.7 | ) | $ | (241.1 | ) | $ | (90.2 | ) | $ | (140.7 | ) | ||||||||||||
Schedule of Health Care Cost Trend Rates [Table Text Block] | ' | |||||||||||||||||||||||
The assumed healthcare cost trend rate used to measure the postretirement health benefit obligation is shown below: | ||||||||||||||||||||||||
December 31, | ||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||
Healthcare cost trend | 6.5 | % | 6.5 | % | ||||||||||||||||||||
Rate to which the cost trend is assumed to decline (ultimate trend rate) | 4.5 | % | 4.5 | % | ||||||||||||||||||||
Year the rates reach the ultimate trend rate | 2017 | 2016 | ||||||||||||||||||||||
Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block] | ' | |||||||||||||||||||||||
A one-percentage point change in assumed healthcare cost trend rates would have the following effect on the postretirement benefit costs and obligation: | ||||||||||||||||||||||||
(dollars in millions) | 1% Increase | 1% Decrease | ||||||||||||||||||||||
Service and interest costs for 2013 | $ | 0.2 | $ | (0.2 | ) | |||||||||||||||||||
Postretirement benefit obligation at December 31, 2013 | 4.7 | (4.2 | ) | |||||||||||||||||||||
Schedule of Amounts Recognized in Balance Sheet [Table Text Block] | ' | |||||||||||||||||||||||
The projected benefit obligation is recognized in the Consolidated Balance Sheets as follows: | ||||||||||||||||||||||||
Pension Benefits | Postretirement and Other Benefits | |||||||||||||||||||||||
December 31, | December 31, | |||||||||||||||||||||||
(dollars in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||
Accrued payroll and benefits (current liability) | $ | 2.1 | $ | 1.7 | $ | 12.7 | $ | 21.4 | ||||||||||||||||
Pension and postretirement benefit obligations (noncurrent liability) | 121.6 | 239.4 | 77.5 | 119.3 | ||||||||||||||||||||
Total | $ | 123.7 | $ | 241.1 | $ | 90.2 | $ | 140.7 | ||||||||||||||||
Schedule of Net Periodic Benefit Cost Not yet Recognized [Table Text Block] | ' | |||||||||||||||||||||||
Amounts recognized in "Accumulated other comprehensive loss" in the Consolidated Balance Sheets which have not yet been recognized in net pension costs consisted of the following: | ||||||||||||||||||||||||
Postretirement and Other Benefits | ||||||||||||||||||||||||
Pension Benefits | ||||||||||||||||||||||||
December 31, | December 31, | |||||||||||||||||||||||
(dollars in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||
Prior service (cost) benefit, net of tax of $0.3, $0.2, $(26.8), $(26.0) | $ | (0.6 | ) | $ | (0.3 | ) | $ | 48.4 | $ | 45.9 | ||||||||||||||
Actuarial loss, net of tax of $77.2, $109.0, $26.6, $35.6 | (134.8 | ) | (192.5 | ) | (46.1 | ) | (62.7 | ) | ||||||||||||||||
Total | $ | (135.4 | ) | $ | (192.8 | ) | $ | 2.3 | $ | (16.8 | ) | |||||||||||||
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block] | ' | |||||||||||||||||||||||
Amounts recognized in "Accumulated other comprehensive loss" on the Consolidated Statements of Shareowners’ Deficit and the Consolidated Statements of Comprehensive Income (Loss) are shown below: | ||||||||||||||||||||||||
Pension Benefits | Postretirement and Other Benefits | |||||||||||||||||||||||
(dollars in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||
Prior service cost recognized: | ||||||||||||||||||||||||
Reclassification adjustments | $ | (0.4 | ) | $ | 0.1 | $ | (14.1 | ) | $ | (13.2 | ) | |||||||||||||
Prior service credit | — | — | 17.4 | — | ||||||||||||||||||||
Actuarial loss recognized: | ||||||||||||||||||||||||
Reclassification adjustments | 22 | 19.4 | 5.6 | 6.8 | ||||||||||||||||||||
Actuarial loss arising during the period | 67.5 | (12.5 | ) | 20 | (1.8 | ) | ||||||||||||||||||
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block] | ' | |||||||||||||||||||||||
The following amounts currently included in "Accumulated other comprehensive loss" are expected to be recognized in 2014 as a component of net periodic pension and postretirement cost: | ||||||||||||||||||||||||
Pension Benefits | Postretirement and Other Benefits | |||||||||||||||||||||||
(dollars in millions) | ||||||||||||||||||||||||
Prior service cost (benefit) | $ | 0.2 | $ | (15.4 | ) | |||||||||||||||||||
Actuarial loss | 16.7 | 5.2 | ||||||||||||||||||||||
Total | $ | 16.9 | $ | (10.2 | ) | |||||||||||||||||||
Schedule of Allocation of Plan Assets [Table Text Block] | ' | |||||||||||||||||||||||
The fair values of the pension and postretirement plan assets at December 31, 2013 and 2012 by asset category are as follows: | ||||||||||||||||||||||||
(dollars in millions) | December 31, 2013 | Quoted Prices | Significant | Significant | ||||||||||||||||||||
in active | observable | unobservable | ||||||||||||||||||||||
markets | inputs | inputs | ||||||||||||||||||||||
Level 1 | Level 2 | Level 3 | ||||||||||||||||||||||
Mutual funds | ||||||||||||||||||||||||
U.S. equity index funds | $ | 201.4 | $ | 201.4 | $ | — | $ | — | ||||||||||||||||
International equity index funds | 57 | 57 | — | — | ||||||||||||||||||||
Fixed income bond funds | 109.8 | 109.8 | — | — | ||||||||||||||||||||
Fixed income short-term money market funds | 0.3 | 0.3 | — | — | ||||||||||||||||||||
Real estate pooled funds | 30.8 | — | — | 30.8 | ||||||||||||||||||||
Group insurance contract | 11.3 | — | — | 11.3 | ||||||||||||||||||||
Total | $ | 410.6 | $ | 368.5 | $ | — | $ | 42.1 | ||||||||||||||||
(dollars in millions) | December 31, 2012 | Quoted Prices | Significant | Significant | ||||||||||||||||||||
in active | observable | unobservable | ||||||||||||||||||||||
markets | inputs | inputs | ||||||||||||||||||||||
Level 1 | Level 2 | Level 3 | ||||||||||||||||||||||
Mutual funds | ||||||||||||||||||||||||
U.S. equity index funds | $ | 163.3 | $ | 163.3 | $ | — | $ | — | ||||||||||||||||
International equity index funds | 49.8 | 49.8 | — | — | ||||||||||||||||||||
Fixed income bond funds | 102.9 | 102.9 | — | — | ||||||||||||||||||||
Real estate pooled funds | 27.8 | — | — | 27.8 | ||||||||||||||||||||
Group insurance contract | 11.7 | — | — | 11.7 | ||||||||||||||||||||
Total | $ | 355.5 | $ | 316 | $ | — | $ | 39.5 | ||||||||||||||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] | ' | |||||||||||||||||||||||
The Level 3 investments had the following changes in 2013 and 2012: | ||||||||||||||||||||||||
Pension | Postretirement and Other Benefits | |||||||||||||||||||||||
(dollars in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||
Balance, beginning of year | $ | 27.8 | $ | 25.5 | $ | 11.7 | $ | 12.1 | ||||||||||||||||
Realized gains, net | 1 | 1 | 0.4 | 0.4 | ||||||||||||||||||||
Unrealized gains, net | 2.7 | 1.8 | — | — | ||||||||||||||||||||
Purchases, sales, issuances and settlements, net | (0.7 | ) | (0.5 | ) | (0.8 | ) | (0.8 | ) | ||||||||||||||||
Balance, end of year | $ | 30.8 | $ | 27.8 | $ | 11.3 | $ | 11.7 | ||||||||||||||||
Schedule of Expected Benefit Payments [Table Text Block] | ' | |||||||||||||||||||||||
The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid over the next ten years: | ||||||||||||||||||||||||
(dollars in millions) | Pension | Postretirement | Medicare | |||||||||||||||||||||
Benefits | and Other | Subsidy | ||||||||||||||||||||||
Benefits | Receipts | |||||||||||||||||||||||
2014 | $ | 42 | $ | 13.4 | $ | (0.7 | ) | |||||||||||||||||
2015 | 41 | 12.3 | (0.6 | ) | ||||||||||||||||||||
2016 | 41.7 | 11.1 | (0.6 | ) | ||||||||||||||||||||
2017 | 41.6 | 10 | (0.5 | ) | ||||||||||||||||||||
2018 | 40.7 | 9 | (0.5 | ) | ||||||||||||||||||||
Years 2019 - 2023 | 184.6 | 32.3 | (1.9 | ) | ||||||||||||||||||||
Net Periodic Cost [Member] | ' | |||||||||||||||||||||||
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ' | |||||||||||||||||||||||
Schedule of Assumptions Used [Table Text Block] | ' | |||||||||||||||||||||||
The following are the weighted-average assumptions used in measuring the net periodic cost of the pension and postretirement benefits: | ||||||||||||||||||||||||
Pension Benefits | Postretirement and Other Benefits | |||||||||||||||||||||||
2013 | 2012 | 2011 | 2013 | 2012 | 2011 | |||||||||||||||||||
Discount rate | 3.3 | % | * | 3.9 | % | 4.9 | % | 3.4 | % | ** | 3.6 | % | 4.5 | % | ||||||||||
Expected long-term rate of return | 7.75 | % | 7.75 | % | 8.25 | % | 0 | % | 0 | % | 0 | % | ||||||||||||
Future compensation growth rate | 3 | % | 3 | % | 3 | % | — | — | — | |||||||||||||||
* Discount rate used for the remeasurement of the management pension plan was consistent with the discount rate previously established. | ||||||||||||||||||||||||
** For the period January 1, 2013 through July 31, 2013, the date of the remeasurement, we used a 3.10% discount rate. From that date through the end of the year, we used a 3.90% discount rate. | ||||||||||||||||||||||||
Projected Benefit Obligation [Member] | ' | |||||||||||||||||||||||
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ' | |||||||||||||||||||||||
Schedule of Assumptions Used [Table Text Block] | ' | |||||||||||||||||||||||
The following are the weighted-average assumptions used in accounting for and measuring the projected benefit obligations: | ||||||||||||||||||||||||
Pension Benefits | Postretirement and Other Benefits | |||||||||||||||||||||||
December 31, | December 31, | |||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||
Discount rate | 4.2 | % | 3.3 | % | 4.1 | % | 3.1 | % | ||||||||||||||||
Expected long-term rate of return | 7.75 | % | 7.75 | % | 0 | % | 0 | % | ||||||||||||||||
Future compensation growth rate | — | 3 | % | — | — | |||||||||||||||||||
Shareowners_Deficit_Tables
Shareowners' Deficit (Tables) | 12 Months Ended | |||||||||||
Dec. 31, 2013 | ||||||||||||
Changes in Other Comprehensive Loss by Component [Abstract] | ' | |||||||||||
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] | ' | |||||||||||
For the year ended December 31, 2013, the changes in accumulated other comprehensive loss by component were as follows: | ||||||||||||
(dollars in millions) | Unrecognized Net Periodic Pension and Postretirement Benefit Cost | Foreign Currency Translation Loss | Total | |||||||||
Balance as of December 31, 2012 | $ | (209.6 | ) | $ | (0.1 | ) | $ | (209.7 | ) | |||
Foreign currency loss | — | (0.1 | ) | (0.1 | ) | |||||||
Remeasurement of benefit obligations | 56.8 | — | 56.8 | |||||||||
Net prior service credit | 11.3 | — | 11.3 | |||||||||
Reclassifications, net | 8.4 | (a) | — | 8.4 | ||||||||
Balance as of December 31, 2013 | $ | (133.1 | ) | $ | (0.2 | ) | $ | (133.3 | ) | |||
(a) These reclassifications are included in the components of net period pension and postretirement benefit costs (see Note 11 for additional details). The components of net period pension and postretirement benefit cost are reported within "Cost of services", "Cost of products sold", and "Selling, general and administrative" expenses on the Consolidated Statements of Operations. |
Income_Taxes_Tables
Income Taxes (Tables) | 12 Months Ended | |||||||||||
Dec. 31, 2013 | ||||||||||||
Income Tax Provision (Benefit) Charged to Continuing Operations, Accumulated Other Comprehensive Income (Loss) or Additional Paid-In Capital [Abstract] | ' | |||||||||||
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] | ' | |||||||||||
Income tax expense consists of the following: | ||||||||||||
Year Ended December 31, | ||||||||||||
(dollars in millions) | 2013 | 2012 | 2011 | |||||||||
Current: | ||||||||||||
Federal | $ | — | $ | 1.8 | $ | — | ||||||
State and local | — | 1.6 | 0.4 | |||||||||
Total current | — | 3.4 | 0.4 | |||||||||
Investment tax credits | (0.2 | ) | (0.3 | ) | (0.3 | ) | ||||||
Deferred: | ||||||||||||
Federal | (13.0 | ) | 21.8 | 24.3 | ||||||||
State and local | (3.7 | ) | 2 | 3.4 | ||||||||
Foreign | 0.3 | (0.5 | ) | 0.1 | ||||||||
Total deferred | (16.4 | ) | 23.3 | 27.8 | ||||||||
Valuation allowance | 14.1 | (1.7 | ) | (2.9 | ) | |||||||
Total | $ | (2.5 | ) | $ | 24.7 | $ | 25 | |||||
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | ' | |||||||||||
The following is a reconciliation of the statutory federal income tax rate with the effective tax rate for each year: | ||||||||||||
Year Ended December 31, | ||||||||||||
2013 | 2012 | 2011 | ||||||||||
U.S. federal statutory rate | 35 | % | 35 | % | 35 | % | ||||||
State and local income taxes, net of federal income tax | 1.5 | 3.9 | 2.9 | |||||||||
Change in valuation allowance, net of federal income tax | (15.8 | ) | (2.3 | ) | (4.4 | ) | ||||||
State net operating loss adjustments | 2.7 | 3.7 | 2.7 | |||||||||
Nondeductible interest expense | (11.4 | ) | 18.1 | 15 | ||||||||
Unrecognized tax benefit changes | (2.1 | ) | 2.2 | 2.8 | ||||||||
Nondeductible compensation | (2.5 | ) | 2.7 | 2.1 | ||||||||
Foreign | (0.7 | ) | 3.5 | 0.1 | ||||||||
Other differences, net | (2.3 | ) | 2 | 1.1 | ||||||||
Effective tax rate | 4.4 | % | 68.8 | % | 57.3 | % | ||||||
Schedule of income tax provision charged to continuing operations, accumulated other comprehensive income (loss) or additional paid-in capital [Table Text Block] | ' | |||||||||||
The income tax (benefit) provision was charged to continuing operations, accumulated other comprehensive income (loss) or additional paid-in capital as follows: | ||||||||||||
Year Ended December 31, | ||||||||||||
(dollars in millions) | 2013 | 2012 | 2011 | |||||||||
Income tax (benefit) provision related to: | ||||||||||||
Continuing operations | $ | (2.5 | ) | $ | 24.7 | $ | 25 | |||||
Accumulated other comprehensive income (loss) | 42.1 | (0.4 | ) | (26.5 | ) | |||||||
Excess tax benefits on stock option exercises | (0.5 | ) | (2.4 | ) | — | |||||||
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | ' | |||||||||||
The components of our deferred tax assets and liabilities are as follows: | ||||||||||||
December 31, | ||||||||||||
(dollars in millions) | 2013 | 2012 | ||||||||||
Deferred tax assets: | ||||||||||||
Net operating loss carryforwards | $ | 452.3 | $ | 410.8 | ||||||||
Pension and postretirement benefits | 81.9 | 144.6 | ||||||||||
Equity method investment in CyrusOne | 41.5 | — | ||||||||||
Other | 63.2 | 69.9 | ||||||||||
Total deferred tax assets | 638.9 | 625.3 | ||||||||||
Valuation allowance | (68.3 | ) | (56.8 | ) | ||||||||
Total deferred tax assets, net of valuation allowance | $ | 570.6 | $ | 568.5 | ||||||||
Deferred tax liabilities: | ||||||||||||
Property, plant and equipment | $ | 171.8 | $ | 125.1 | ||||||||
Federal deferred liability on state deferred tax assets | 3.5 | 7.2 | ||||||||||
Other | 0.3 | 1.6 | ||||||||||
Total deferred tax liabilities | 175.6 | 133.9 | ||||||||||
Net deferred tax assets | $ | 395 | $ | 434.6 | ||||||||
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block] | ' | |||||||||||
A reconciliation of the unrecognized tax benefits is as follows: | ||||||||||||
Year Ended December 31, | ||||||||||||
(dollars in millions) | 2013 | 2012 | 2011 | |||||||||
Balance, beginning of year | $ | 22.8 | $ | 21.8 | $ | 20.5 | ||||||
Change in tax positions for the current year | 1.3 | 1.4 | 1.3 | |||||||||
Change in tax positions for prior years | — | (0.4 | ) | — | ||||||||
Balance, end of year | $ | 24.1 | $ | 22.8 | $ | 21.8 | ||||||
StockBased_Compensation_Plans_
Stock-Based Compensation Plans Stock Option & SARS activity (Tables) | 12 Months Ended | |||||||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | |||||||||||||||||||||||
Schedule of Share-based Compensation, Stock Options and Stock Appreciation Rights Award Activity [Table Text Block] | ' | |||||||||||||||||||||||
The following table summarizes stock options and stock appreciation rights activity: | ||||||||||||||||||||||||
2013 | 2012 | 2011 | ||||||||||||||||||||||
Weighted- | Weighted- | Weighted- | ||||||||||||||||||||||
Average | Average | Average | ||||||||||||||||||||||
Exercise | Exercise | Exercise | ||||||||||||||||||||||
Price Per | Price Per | Price Per | ||||||||||||||||||||||
(in thousands, except per share amounts) | Shares | Share | Shares | Share | Shares | Share | ||||||||||||||||||
Outstanding at January 1, | 9,538 | $ | 4.04 | 14,152 | $ | 3.7 | 17,816 | $ | 5.55 | |||||||||||||||
Granted * | 595 | 4.75 | 994 | 3.41 | — | — | ||||||||||||||||||
Exercised | (804 | ) | 2.41 | (4,854 | ) | 2.8 | (292 | ) | 1.74 | |||||||||||||||
Forfeited | (361 | ) | 3.39 | (6 | ) | 2.91 | (261 | ) | 3.22 | |||||||||||||||
Expired | (2,840 | ) | 5.56 | (748 | ) | 4.87 | (3,111 | ) | 14.48 | |||||||||||||||
Outstanding at December 31, | 6,128 | $ | 3.66 | 9,538 | $ | 4.04 | 14,152 | $ | 3.7 | |||||||||||||||
Expected to vest at December 31, | 6,128 | $ | 3.66 | 9,538 | $ | 4.04 | 14,152 | $ | 3.7 | |||||||||||||||
Exercisable at December 31, | 5,064 | $ | 3.61 | 8,486 | $ | 4.13 | 13,047 | $ | 3.73 | |||||||||||||||
(dollars in millions) | ||||||||||||||||||||||||
Compensation expense for the year | $ | 0.6 | $ | 1.1 | $ | 0.9 | ||||||||||||||||||
Tax benefit related to compensation expense | $ | (0.2 | ) | $ | (0.4 | ) | $ | (0.3 | ) | |||||||||||||||
Intrinsic value of awards exercised | $ | 1.2 | $ | 10.6 | $ | 0.4 | ||||||||||||||||||
Cash received from awards exercised | $ | 2.4 | $ | 5.5 | $ | 0.4 | ||||||||||||||||||
Grant date fair value of awards vested | $ | 0.4 | $ | 0.5 | $ | 2.1 | ||||||||||||||||||
* Assumes the maximum number of awards that can be earned if the performance conditions are achieved. | ||||||||||||||||||||||||
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block] | ' | |||||||||||||||||||||||
The following table summarizes our outstanding and exercisable awards at December 31, 2013: | ||||||||||||||||||||||||
Outstanding | Exercisable | |||||||||||||||||||||||
Weighted- | Weighted- | |||||||||||||||||||||||
Average | Average | |||||||||||||||||||||||
Exercise | Exercise | |||||||||||||||||||||||
Price Per | Price Per | |||||||||||||||||||||||
(in thousands, except per share amounts) | Shares | Share | Shares | Share | ||||||||||||||||||||
$1.39 to $2.91 | 1,321 | $ | 2.06 | 1,321 | $ | 2.06 | ||||||||||||||||||
$3.28 to $4.00 | 2,915 | 3.66 | 2,234 | 3.74 | ||||||||||||||||||||
$4.06 to $5.53 | 1,890 | 4.78 | 1,507 | 4.79 | ||||||||||||||||||||
$5.65 to $6.75 | 2 | 5.66 | 2 | 5.66 | ||||||||||||||||||||
Total | 6,128 | $ | 3.66 | 5,064 | $ | 3.61 | ||||||||||||||||||
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] | ' | |||||||||||||||||||||||
The fair values at the date of grant were estimated using the Black-Scholes pricing model with the following assumptions: | ||||||||||||||||||||||||
2013 | 2012 | 2011 | ||||||||||||||||||||||
Expected volatility | 43.6 | % | 43.5 | % | — | |||||||||||||||||||
Risk-free interest rate | 0.8 | % | 0.8 | % | — | |||||||||||||||||||
Expected holding period (in years) | 5 | 5 | — | |||||||||||||||||||||
Expected dividends | 0 | % | 0 | % | — | |||||||||||||||||||
Weighted-average grant date fair value | $ | 1.84 | $ | 1.32 | $ | — | ||||||||||||||||||
Performance Based Awards [Member] | ' | |||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | |||||||||||||||||||||||
Schedule of Nonvested Share Activity [Table Text Block] | ' | |||||||||||||||||||||||
The following table summarizes our outstanding performance-based restricted award activity: | ||||||||||||||||||||||||
2013 | 2012 | 2011 | ||||||||||||||||||||||
Weighted- | Weighted- | Weighted- | ||||||||||||||||||||||
Average | Average | Average | ||||||||||||||||||||||
Exercise | Exercise | Exercise | ||||||||||||||||||||||
Price Per | Price Per | Price Per | ||||||||||||||||||||||
(in thousands, except per share amounts) | Shares | Share | Shares | Share | Shares | Share | ||||||||||||||||||
Non-vested at January 1, | 1,687 | $ | 3.13 | 1,839 | $ | 2.9 | 2,641 | $ | 3.25 | |||||||||||||||
Granted* | 1,067 | 4.56 | 808 | 3.4 | 998 | 2.85 | ||||||||||||||||||
Vested | (703 | ) | 3.07 | (552 | ) | 2.85 | (479 | ) | 2.84 | |||||||||||||||
Forfeited | (514 | ) | 3.67 | (408 | ) | 2.79 | (1,321 | ) | 3.91 | |||||||||||||||
Non-vested at December 31, | 1,537 | $ | 3.97 | 1,687 | $ | 3.13 | 1,839 | $ | 2.9 | |||||||||||||||
(dollars in millions) | ||||||||||||||||||||||||
Compensation expense for the year | $ | 2.6 | $ | 2.7 | $ | 2.4 | ||||||||||||||||||
Tax benefit related to compensation expense | $ | (1.0 | ) | $ | (1.0 | ) | $ | (0.9 | ) | |||||||||||||||
Grant date fair value of awards vested | $ | 2.2 | $ | 1.6 | $ | 1.4 | ||||||||||||||||||
* Assumes the maximum number of awards that can be earned if the performance conditions are achieved. | ||||||||||||||||||||||||
Restricted Stock [Member] | ' | |||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | |||||||||||||||||||||||
Schedule of Nonvested Share Activity [Table Text Block] | ' | |||||||||||||||||||||||
The following table summarizes our time-based restricted award activity: | ||||||||||||||||||||||||
2013 | 2012 | 2011 | ||||||||||||||||||||||
Weighted- | Weighted- | Weighted- | ||||||||||||||||||||||
Average | Average | Average | ||||||||||||||||||||||
Exercise | Exercise | Exercise | ||||||||||||||||||||||
Price Per | Price Per | Price Per | ||||||||||||||||||||||
(in thousands, except per share amounts) | Shares | Share | Shares | Share | Shares | Share | ||||||||||||||||||
Non-vested at January 1, | 1,298 | $ | 3.11 | 872 | $ | 2.89 | 229 | $ | 3.36 | |||||||||||||||
Granted | 279 | 4.72 | 725 | 3.26 | 711 | 2.85 | ||||||||||||||||||
Vested | (454 | ) | 3.03 | (299 | ) | 2.83 | (45 | ) | 4.69 | |||||||||||||||
Forfeited | (79 | ) | 3.4 | — | — | (23 | ) | 3.03 | ||||||||||||||||
Non-vested at December 31, | 1,044 | $ | 3.55 | 1,298 | $ | 3.11 | 872 | $ | 2.89 | |||||||||||||||
(dollars in millions) | ||||||||||||||||||||||||
Compensation expense for the year | $ | 1.7 | $ | 1.5 | $ | 0.8 | ||||||||||||||||||
Tax benefit related to compensation expense | $ | (0.6 | ) | $ | (0.6 | ) | $ | (0.3 | ) | |||||||||||||||
Grant date fair value of awards vested | $ | 1.4 | $ | 0.8 | $ | 0.2 | ||||||||||||||||||
Business_Segment_Information_T
Business Segment Information (Tables) | 12 Months Ended | |||||||||||
Dec. 31, 2013 | ||||||||||||
Segment Reporting [Abstract] | ' | |||||||||||
Schedule of Segment Reporting Information, by Segment | ' | |||||||||||
Our business segment information is as follows: | ||||||||||||
Year Ended December 31, | ||||||||||||
(dollars in millions) | 2013 | 2012 | 2011 | |||||||||
Revenue | ||||||||||||
Wireline | $ | 724.8 | $ | 730.5 | $ | 732.1 | ||||||
Wireless | 201.5 | 241.8 | 277.6 | |||||||||
IT Services and Hardware | 344.1 | 315.7 | 300.5 | |||||||||
Data Center Colocation | 15.6 | 221.3 | 184.7 | |||||||||
Intersegment | (29.1 | ) | (35.4 | ) | (32.5 | ) | ||||||
Total revenue | $ | 1,256.90 | $ | 1,473.90 | $ | 1,462.40 | ||||||
Intersegment revenue | ||||||||||||
Wireline | $ | 16.8 | $ | 19.1 | $ | 23 | ||||||
Wireless | 2.3 | 2.3 | 2.3 | |||||||||
IT Services and Hardware | 9.6 | 7.6 | 5.1 | |||||||||
Data Center Colocation | 0.4 | 6.4 | 2.1 | |||||||||
Total intersegment revenue | $ | 29.1 | $ | 35.4 | $ | 32.5 | ||||||
Operating income | ||||||||||||
Wireline | $ | 190.2 | $ | 212.9 | $ | 228.5 | ||||||
Wireless | 18.2 | 51.2 | 3.3 | |||||||||
IT Services and Hardware | 8.5 | 10.3 | 9.8 | |||||||||
Data Center Colocation | 3.2 | 30.4 | 46.4 | |||||||||
Corporate | (56.3 | ) | (34.7 | ) | (28.5 | ) | ||||||
Total operating income | $ | 163.8 | $ | 270.1 | $ | 259.5 | ||||||
Expenditures for long-lived assets | ||||||||||||
Wireline | $ | 162.6 | $ | 114.2 | $ | 112.6 | ||||||
Wireless | 16 | 15.8 | 17.6 | |||||||||
IT Services and Hardware | 10.6 | 9 | 6.8 | |||||||||
Data Center Colocation | 7.7 | 228.2 | 118.5 | |||||||||
Total expenditures for long-lived assets | $ | 196.9 | $ | 367.2 | $ | 255.5 | ||||||
Depreciation and amortization | ||||||||||||
Wireline | $ | 112.2 | $ | 106 | $ | 102.4 | ||||||
Wireless | 41.2 | 31.9 | 33.5 | |||||||||
IT Services and Hardware | 10.5 | 8.6 | 8.4 | |||||||||
Data Center Colocation | 5.2 | 70.6 | 54.8 | |||||||||
Corporate | 0.5 | 0.3 | 0.4 | |||||||||
Total depreciation and amortization | $ | 169.6 | $ | 217.4 | $ | 199.5 | ||||||
As of December 31, | ||||||||||||
(dollars in millions) | 2013 | 2012 | ||||||||||
Assets | ||||||||||||
Wireline | $ | 780.8 | $ | 723.7 | ||||||||
Wireless | 247.5 | 275.6 | ||||||||||
IT Services and Hardware | 48.9 | 43.3 | ||||||||||
Data Center Colocation | — | 1,208.50 | ||||||||||
Corporate and eliminations | 1,030.10 | 621.3 | ||||||||||
Total assets | $ | 2,107.30 | $ | 2,872.40 | ||||||||
Revenue from External Customers by Products and Services [Table Text Block] | ' | |||||||||||
Details of our service and product revenues including eliminations are as follows: | ||||||||||||
Year Ended December 31, | ||||||||||||
(dollars in millions) | 2013 | 2012 | 2011 | |||||||||
Service revenue | ||||||||||||
Wireline | $ | 702.3 | $ | 705 | $ | 703.3 | ||||||
Wireless | 183.1 | 222.7 | 250.8 | |||||||||
IT Services and Hardware | 138.7 | 130.2 | 114.1 | |||||||||
Data Center Colocation | 15.2 | 214.9 | 182.6 | |||||||||
Total service revenue | $ | 1,039.30 | $ | 1,272.80 | $ | 1,250.80 | ||||||
Product revenue | ||||||||||||
Handsets and accessories | $ | 21.8 | $ | 23.2 | $ | 30.3 | ||||||
IT, telephony and other equipment | 195.8 | 177.9 | 181.3 | |||||||||
Total product revenue | $ | 217.6 | $ | 201.1 | $ | 211.6 | ||||||
Supplemental_Cash_Flow_Informa1
Supplemental Cash Flow Information (Tables) | 12 Months Ended | |||||||||||
Dec. 31, 2013 | ||||||||||||
Supplemental Cash Flow Information [Abstract] | ' | |||||||||||
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block] | ' | |||||||||||
Year Ended December 31, | ||||||||||||
(dollars in millions) | 2013 | 2012 | 2011 | |||||||||
Capitalized interest expense | $ | 0.6 | $ | 2.7 | $ | 3.5 | ||||||
Cash paid (received) for: | ||||||||||||
Interest | 179.5 | 217.9 | 211.8 | |||||||||
Income taxes, net of refunds | 2.8 | 0.1 | (1.2 | ) | ||||||||
Noncash investing and financing activities: | ||||||||||||
Investment in CyrusOne resulting from deconsolidation | 509.7 | — | — | |||||||||
Accrual of CyrusOne dividends | 7.1 | — | — | |||||||||
Acquisition of property by assuming debt and other financing arrangements | 7.6 | 19.9 | 49.7 | |||||||||
Acquisition of property on account | 13.3 | 30.7 | 22.8 | |||||||||
Accrued CyrusOne stock issuance costs | — | 2.2 | — | |||||||||
Supplemental_Guarantor_Informa2
Supplemental Guarantor Information (Tables) | 12 Months Ended | |||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||
Supplemental Guarantor Information Abstract | ' | |||||||||||||||||||
Supplemental Guarantor Information [Table Text Block] | ' | |||||||||||||||||||
The following information sets forth the Condensed Consolidating Balance Sheets of the Company as of December 31, 2013 and 2012 and the Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) and Cash Flows for the years ended December 31, 2013, 2012, and 2011 of (1) the Parent Company, as the guarantor, (2) CBT, as the issuer, and (3) the non-guarantor subsidiaries on a combined basis. | ||||||||||||||||||||
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) | ||||||||||||||||||||
Year Ended December 31, 2013 | ||||||||||||||||||||
(dollars in millions) | Parent | CBT | Other | Eliminations | Total | |||||||||||||||
(Guarantor) | (Issuer) | Non-guarantors | ||||||||||||||||||
Revenue | $ | — | $ | 644.2 | $ | 669 | $ | (56.3 | ) | $ | 1,256.90 | |||||||||
Operating costs and expenses | 55.4 | 459.1 | 634.9 | (56.3 | ) | 1,093.10 | ||||||||||||||
Operating (loss) income | (55.4 | ) | 185.1 | 34.1 | — | 163.8 | ||||||||||||||
Interest expense (income), net | 164.3 | (2.7 | ) | 20.4 | — | 182 | ||||||||||||||
Other expense, net | 28.2 | 6.5 | 4.3 | — | 39 | |||||||||||||||
(Loss) income before equity in earnings of subsidiaries and income taxes | (247.9 | ) | 181.3 | 9.4 | — | (57.2 | ) | |||||||||||||
Income tax (benefit) expense | (79.8 | ) | 66.1 | 11.2 | — | (2.5 | ) | |||||||||||||
Equity in earnings of subsidiaries, net of tax | 113.4 | — | — | (113.4 | ) | — | ||||||||||||||
Net (loss) income | (54.7 | ) | 115.2 | (1.8 | ) | (113.4 | ) | (54.7 | ) | |||||||||||
Other comprehensive income (loss) | 76.5 | — | (0.1 | ) | — | 76.4 | ||||||||||||||
Total comprehensive income (loss) | $ | 21.8 | $ | 115.2 | $ | (1.9 | ) | $ | (113.4 | ) | $ | 21.7 | ||||||||
Net (loss) income | $ | (54.7 | ) | $ | 115.2 | $ | (1.8 | ) | $ | (113.4 | ) | $ | (54.7 | ) | ||||||
Preferred stock dividends | 10.4 | — | — | — | 10.4 | |||||||||||||||
Net (loss) income applicable to common shareowners | $ | (65.1 | ) | $ | 115.2 | $ | (1.8 | ) | $ | (113.4 | ) | $ | (65.1 | ) | ||||||
Year Ended December 31, 2012 | ||||||||||||||||||||
(dollars in millions) | Parent | CBT | Other | Eliminations | Total | |||||||||||||||
(Guarantor) | (Issuer) | Non-guarantors | ||||||||||||||||||
Revenue | $ | — | $ | 642.8 | $ | 893.3 | $ | (62.2 | ) | $ | 1,473.90 | |||||||||
Operating costs and expenses | 33.9 | 436.3 | 795.8 | (62.2 | ) | 1,203.80 | ||||||||||||||
Operating (loss) income | (33.9 | ) | 206.5 | 97.5 | — | 270.1 | ||||||||||||||
Interest expense (income), net | 164.8 | (1.5 | ) | 55.6 | — | 218.9 | ||||||||||||||
Other expense (income), net | 11.5 | 5.9 | (2.1 | ) | — | 15.3 | ||||||||||||||
(Loss) income before equity in earnings of subsidiaries and income taxes | (210.2 | ) | 202.1 | 44 | — | 35.9 | ||||||||||||||
Income tax (benefit) expense | (68.3 | ) | 73.8 | 19.2 | — | 24.7 | ||||||||||||||
Equity in earnings of subsidiaries, net of tax | 153.1 | — | — | (153.1 | ) | — | ||||||||||||||
Net income | 11.2 | 128.3 | 24.8 | (153.1 | ) | 11.2 | ||||||||||||||
Other comprehensive loss | (0.8 | ) | — | — | — | (0.8 | ) | |||||||||||||
Total comprehensive income | $ | 10.4 | $ | 128.3 | $ | 24.8 | $ | (153.1 | ) | $ | 10.4 | |||||||||
Net income | $ | 11.2 | $ | 128.3 | $ | 24.8 | $ | (153.1 | ) | $ | 11.2 | |||||||||
Preferred stock dividends | 10.4 | — | — | — | 10.4 | |||||||||||||||
Net income applicable to common shareowners | $ | 0.8 | $ | 128.3 | $ | 24.8 | $ | (153.1 | ) | $ | 0.8 | |||||||||
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) | ||||||||||||||||||||
Year Ended December 31, 2011 | ||||||||||||||||||||
(dollars in millions) | Parent | CBT | Other | Eliminations | Total | |||||||||||||||
(Guarantor) | (Issuer) | Non-guarantors | ||||||||||||||||||
Revenue | $ | 3.4 | $ | 655.8 | $ | 860.6 | $ | (57.4 | ) | $ | 1,462.40 | |||||||||
Operating costs and expenses | 23.6 | 435.6 | 801.1 | (57.4 | ) | 1,202.90 | ||||||||||||||
Operating (loss) income | (20.2 | ) | 220.2 | 59.5 | — | 259.5 | ||||||||||||||
Interest expense, net | 161.8 | 3.4 | 49.8 | — | 215 | |||||||||||||||
Other (income) expense, net | (0.9 | ) | 7.5 | (5.7 | ) | — | 0.9 | |||||||||||||
(Loss) income before equity in earnings of subsidiaries and income taxes | (181.1 | ) | 209.3 | 15.4 | — | 43.6 | ||||||||||||||
Income tax (benefit) expense | (56.4 | ) | 76 | 5.4 | — | 25 | ||||||||||||||
Equity in earnings of subsidiaries, net of tax | 143.3 | — | — | (143.3 | ) | — | ||||||||||||||
Net income | 18.6 | 133.3 | 10 | (143.3 | ) | 18.6 | ||||||||||||||
Other comprehensive loss | (48.8 | ) | — | (0.1 | ) | — | (48.9 | ) | ||||||||||||
Total comprehensive (loss) income | $ | (30.2 | ) | $ | 133.3 | $ | 9.9 | $ | (143.3 | ) | $ | (30.3 | ) | |||||||
Net income | $ | 18.6 | $ | 133.3 | $ | 10 | $ | (143.3 | ) | $ | 18.6 | |||||||||
Preferred stock dividends | 10.4 | — | — | — | 10.4 | |||||||||||||||
Net income applicable to common shareowners | $ | 8.2 | $ | 133.3 | $ | 10 | $ | (143.3 | ) | $ | 8.2 | |||||||||
Condensed Consolidating Balance Sheets | ||||||||||||||||||||
As of December 31, 2013 | ||||||||||||||||||||
(dollars in millions) | Parent | CBT | Other | Eliminations | Total | |||||||||||||||
(Guarantor) | (Issuer) | Non-guarantors | ||||||||||||||||||
Cash and cash equivalents | $ | 2.1 | $ | 1.8 | $ | 0.7 | $ | — | $ | 4.6 | ||||||||||
Receivables, net | 2.6 | — | 152.2 | — | 154.8 | |||||||||||||||
Other current assets | 4.4 | 24.1 | 63.9 | (0.7 | ) | 91.7 | ||||||||||||||
Total current assets | 9.1 | 25.9 | 216.8 | (0.7 | ) | 251.1 | ||||||||||||||
Property, plant and equipment, net | 0.1 | 706.5 | 196.2 | — | 902.8 | |||||||||||||||
Investment in CyrusOne | — | — | 471 | — | 471 | |||||||||||||||
Goodwill and intangibles, net | — | 2.3 | 103.8 | — | 106.1 | |||||||||||||||
Investments in and advances to subsidiaries | 1,406.60 | 247.7 | — | (1,654.3 | ) | — | ||||||||||||||
Other noncurrent assets | 359.1 | 6.1 | 178.9 | (167.8 | ) | 376.3 | ||||||||||||||
Total assets | $ | 1,774.90 | $ | 988.5 | $ | 1,166.70 | $ | (1,822.8 | ) | $ | 2,107.30 | |||||||||
Current portion of long-term debt | $ | 5.4 | $ | 3.9 | $ | 3.3 | $ | — | $ | 12.6 | ||||||||||
Accounts payable | 1.5 | 45.9 | 42.5 | — | 89.9 | |||||||||||||||
Other current liabilities | 67.7 | 49.4 | 34.6 | 0.1 | 151.8 | |||||||||||||||
Total current liabilities | 74.6 | 99.2 | 80.4 | 0.1 | 254.3 | |||||||||||||||
Long-term debt, less current portion | 1,916.10 | 141.8 | 194.7 | — | 2,252.60 | |||||||||||||||
Other noncurrent liabilities | 214.5 | 172.2 | 59 | (168.6 | ) | 277.1 | ||||||||||||||
Intercompany payables | 246.4 | — | 199.7 | (446.1 | ) | — | ||||||||||||||
Total liabilities | 2,451.60 | 413.2 | 533.8 | (614.6 | ) | 2,784.00 | ||||||||||||||
Shareowners’ (deficit) equity | (676.7 | ) | 575.3 | 632.9 | (1,208.2 | ) | (676.7 | ) | ||||||||||||
Total liabilities and shareowners’ equity (deficit) | $ | 1,774.90 | $ | 988.5 | $ | 1,166.70 | $ | (1,822.8 | ) | $ | 2,107.30 | |||||||||
As of December 31, 2012 | ||||||||||||||||||||
(dollars in millions) | Parent | CBT | Other | Eliminations | Total | |||||||||||||||
(Guarantor) | (Issuer) | Non-guarantors | ||||||||||||||||||
Cash and cash equivalents | $ | 3.8 | $ | 1.9 | $ | 17.9 | $ | — | $ | 23.6 | ||||||||||
Receivables, net | 1 | — | 198 | — | 199 | |||||||||||||||
Other current assets | 3.1 | 34.4 | 43.8 | (0.4 | ) | 80.9 | ||||||||||||||
Total current assets | 7.9 | 36.3 | 259.7 | (0.4 | ) | 303.5 | ||||||||||||||
Property, plant and equipment, net | 0.1 | 646.7 | 940.6 | — | 1,587.40 | |||||||||||||||
Goodwill and intangibles, net | — | 2.3 | 485.1 | — | 487.4 | |||||||||||||||
Investments in and advances to subsidiaries | 1,449.90 | 228.2 | — | (1,678.1 | ) | — | ||||||||||||||
Other noncurrent assets | 384.6 | 6.3 | 266.3 | (163.1 | ) | 494.1 | ||||||||||||||
Total assets | $ | 1,842.50 | $ | 919.8 | $ | 1,951.70 | $ | (1,841.6 | ) | $ | 2,872.40 | |||||||||
Current portion of long-term debt | $ | — | $ | 3 | $ | 10.4 | $ | — | $ | 13.4 | ||||||||||
Accounts payable | 1.2 | 61.7 | 72.7 | — | 135.6 | |||||||||||||||
Other current liabilities | 85.6 | 50.2 | 69.7 | 0.9 | 206.4 | |||||||||||||||
Total current liabilities | 86.8 | 114.9 | 152.8 | 0.9 | 355.4 | |||||||||||||||
Long-term debt, less current portion | 1,841.70 | 141.3 | 693 | — | 2,676.00 | |||||||||||||||
Other noncurrent liabilities | 383.3 | 138.6 | 181.7 | (164.4 | ) | 539.2 | ||||||||||||||
Intercompany payables | 228.9 | — | 276.4 | (505.3 | ) | — | ||||||||||||||
Total liabilities | 2,540.70 | 394.8 | 1,303.90 | (668.8 | ) | 3,570.60 | ||||||||||||||
Shareowners’ (deficit) equity | (698.2 | ) | 525 | 647.8 | (1,172.8 | ) | (698.2 | ) | ||||||||||||
Total liabilities and shareowners’ equity (deficit) | $ | 1,842.50 | $ | 919.8 | $ | 1,951.70 | $ | (1,841.6 | ) | $ | 2,872.40 | |||||||||
Condensed Consolidating Statements of Cash Flows | ||||||||||||||||||||
Year Ended December 31, 2013 | ||||||||||||||||||||
(dollars in millions) | Parent | CBT | Other | Eliminations | Total | |||||||||||||||
(Guarantor) | (Issuer) | Non-guarantors | ||||||||||||||||||
Cash flows (used in) provided by operating activities | $ | (218.1 | ) | $ | 239 | $ | 57.9 | $ | — | $ | 78.8 | |||||||||
Capital expenditures | — | (153.1 | ) | (43.8 | ) | — | (196.9 | ) | ||||||||||||
Dividends received from CyrusOne | — | — | 21.3 | — | 21.3 | |||||||||||||||
Proceeds from sale of assets | — | 2 | — | — | 2 | |||||||||||||||
Cash divested from deconsolidation of CyrusOne | — | — | (12.2 | ) | — | (12.2 | ) | |||||||||||||
Other investing activities | — | — | 0.4 | — | 0.4 | |||||||||||||||
Cash flows used in investing activities | — | (151.1 | ) | (34.3 | ) | — | (185.4 | ) | ||||||||||||
Issuance of long-term debt | 536 | — | — | — | 536 | |||||||||||||||
Funding between Parent and subsidiaries, net | 174.2 | (84.3 | ) | (89.9 | ) | — | — | |||||||||||||
Debt issuance costs | (6.7 | ) | — | — | — | (6.7 | ) | |||||||||||||
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | 40 | — | 54.2 | — | 94.2 | |||||||||||||||
Repayment of debt | (522.0 | ) | (3.7 | ) | (5.1 | ) | — | (530.8 | ) | |||||||||||
Proceeds from exercise of options and warrants | 7.1 | — | — | — | 7.1 | |||||||||||||||
Other financing activities | (12.2 | ) | — | — | — | (12.2 | ) | |||||||||||||
Cash flows provided by (used in) financing activities | 216.4 | (88.0 | ) | (40.8 | ) | — | 87.6 | |||||||||||||
Decrease in cash and cash equivalents | (1.7 | ) | (0.1 | ) | (17.2 | ) | — | (19.0 | ) | |||||||||||
Beginning cash and cash equivalents | 3.8 | 1.9 | 17.9 | — | 23.6 | |||||||||||||||
Ending cash and cash equivalents | $ | 2.1 | $ | 1.8 | $ | 0.7 | $ | — | $ | 4.6 | ||||||||||
Year Ended December 31, 2012 | ||||||||||||||||||||
(dollars in millions) | Parent | CBT | Other | Eliminations | Total | |||||||||||||||
(Guarantor) | (Issuer) | Non-guarantors | ||||||||||||||||||
Cash flows (used in) provided by operating activities | $ | (144.8 | ) | $ | 250.4 | $ | 107.1 | $ | — | $ | 212.7 | |||||||||
Capital expenditures | — | (108.8 | ) | (258.4 | ) | — | (367.2 | ) | ||||||||||||
Proceeds from sale of assets | — | 1.4 | 0.2 | — | 1.6 | |||||||||||||||
Other investing activities | — | — | (6.2 | ) | — | (6.2 | ) | |||||||||||||
Cash flows used in investing activities | — | (107.4 | ) | (264.4 | ) | — | (371.8 | ) | ||||||||||||
Issuance of long-term debt | — | — | 525 | — | 525 | |||||||||||||||
Funding between Parent and subsidiaries, net | 433.6 | (66.0 | ) | (367.6 | ) | — | — | |||||||||||||
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | — | — | 52 | — | 52 | |||||||||||||||
Repayment of debt | (352.0 | ) | (76.5 | ) | (13.9 | ) | — | (442.4 | ) | |||||||||||
Debt issuance costs | (3.6 | ) | — | (17.3 | ) | — | (20.9 | ) | ||||||||||||
Common stock issuance costs | — | — | (5.7 | ) | — | (5.7 | ) | |||||||||||||
Common stock repurchase | (0.3 | ) | — | — | — | (0.3 | ) | |||||||||||||
Proceeds from exercise of options and warrants | 12.1 | — | — | — | 12.1 | |||||||||||||||
Other financing activities | (10.8 | ) | — | — | — | (10.8 | ) | |||||||||||||
Cash flows provided by (used in) financing activities | 79 | (142.5 | ) | 172.5 | — | 109 | ||||||||||||||
(Decrease) increase in cash and cash equivalents | (65.8 | ) | 0.5 | 15.2 | — | (50.1 | ) | |||||||||||||
Beginning cash and cash equivalents | 69.6 | 1.4 | 2.7 | — | 73.7 | |||||||||||||||
Ending cash and cash equivalents | $ | 3.8 | $ | 1.9 | $ | 17.9 | $ | — | $ | 23.6 | ||||||||||
Condensed Consolidating Statements of Cash Flows | ||||||||||||||||||||
Year Ended December 31, 2011 | ||||||||||||||||||||
(dollars in millions) | Parent | CBT | Other | Eliminations | Total | |||||||||||||||
(Guarantor) | (Issuer) | Non-guarantors | ||||||||||||||||||
Cash flows (used in) provided by operating activities | $ | (139.6 | ) | $ | 264.7 | $ | 164.8 | $ | — | $ | 289.9 | |||||||||
Capital expenditures | — | (106.3 | ) | (149.2 | ) | — | (255.5 | ) | ||||||||||||
Proceeds from sale of assets | 11.5 | — | — | — | 11.5 | |||||||||||||||
Other investing activities | (0.7 | ) | — | — | — | (0.7 | ) | |||||||||||||
Cash flows provided by (used in) investing activities | 10.8 | (106.3 | ) | (149.2 | ) | — | (244.7 | ) | ||||||||||||
Funding between Parent and subsidiaries, net | 150.3 | (156.5 | ) | 6.2 | — | — | ||||||||||||||
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | — | — | 0.4 | — | 0.4 | |||||||||||||||
Repayment of debt | — | (2.3 | ) | (9.2 | ) | — | (11.5 | ) | ||||||||||||
Common stock repurchase | (10.4 | ) | — | — | — | (10.4 | ) | |||||||||||||
Other financing activities | (11.3 | ) | — | (16.0 | ) | — | (27.3 | ) | ||||||||||||
Cash flows provided by (used in) financing activities | 128.6 | (158.8 | ) | (18.6 | ) | — | (48.8 | ) | ||||||||||||
Decrease in cash and cash equivalents | (0.2 | ) | (0.4 | ) | (3.0 | ) | — | (3.6 | ) | |||||||||||
Beginning cash and cash equivalents | 69.8 | 1.8 | 5.7 | — | 77.3 | |||||||||||||||
Ending cash and cash equivalents | $ | 69.6 | $ | 1.4 | $ | 2.7 | $ | — | $ | 73.7 | ||||||||||
Supplemental_Guarantor_Informa3
Supplemental Guarantor Information HY (Tables) | 12 Months Ended | |||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||
Supplemental Guarantor Information Abstract | ' | |||||||||||||||||||
Supplemental Guarantor Information, High Yield Notes [Table Text Block] | ' | |||||||||||||||||||
The following information sets forth the Condensed Consolidating Balance Sheets of the Company as of December 31, 2013 and 2012 and the Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) and Cash Flows for the years ended December 31, 2013, 2012, and 2011 of (1) the Parent Company, as the issuer, (2) the guarantor subsidiaries on a combined basis, and (3) the non-guarantor subsidiaries on a combined basis. | ||||||||||||||||||||
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) | ||||||||||||||||||||
Year Ended December 31, 2013 | ||||||||||||||||||||
(dollars in millions) | Parent | Guarantors | Non-guarantors | Eliminations | Total | |||||||||||||||
(Issuer) | ||||||||||||||||||||
Revenue | $ | — | $ | 704.6 | $ | 608.6 | $ | (56.3 | ) | $ | 1,256.90 | |||||||||
Operating costs and expenses | 55.4 | 667.5 | 426.5 | (56.3 | ) | 1,093.10 | ||||||||||||||
Operating (loss) income | (55.4 | ) | 37.1 | 182.1 | — | 163.8 | ||||||||||||||
Interest expense, net | 164.3 | 14.9 | 2.8 | — | 182 | |||||||||||||||
Other expense (income), net | 28.2 | 17.4 | (6.6 | ) | — | 39 | ||||||||||||||
(Loss) income before equity in earnings of subsidiaries and income taxes | (247.9 | ) | 4.8 | 185.9 | — | (57.2 | ) | |||||||||||||
Income tax (benefit) expense | (79.8 | ) | 9.7 | 67.6 | — | (2.5 | ) | |||||||||||||
Equity in earnings of subsidiaries, net of tax | 113.4 | 0.7 | — | (114.1 | ) | — | ||||||||||||||
Net (loss) income | (54.7 | ) | (4.2 | ) | 118.3 | (114.1 | ) | (54.7 | ) | |||||||||||
Other comprehensive income (loss) | 76.5 | — | (0.1 | ) | — | 76.4 | ||||||||||||||
Total comprehensive income (loss) | $ | 21.8 | $ | (4.2 | ) | $ | 118.2 | $ | (114.1 | ) | $ | 21.7 | ||||||||
Net (loss) income | $ | (54.7 | ) | $ | (4.2 | ) | $ | 118.3 | $ | (114.1 | ) | $ | (54.7 | ) | ||||||
Preferred stock dividends | 10.4 | — | — | — | 10.4 | |||||||||||||||
Net (loss) income applicable to common shareowners | $ | (65.1 | ) | $ | (4.2 | ) | $ | 118.3 | $ | (114.1 | ) | $ | (65.1 | ) | ||||||
Year Ended December 31, 2012 | ||||||||||||||||||||
(dollars in millions) | Parent | Guarantors | Non-guarantors | Eliminations | Total | |||||||||||||||
(Issuer) | ||||||||||||||||||||
Revenue | $ | — | $ | 713.4 | $ | 822.7 | $ | (62.2 | ) | $ | 1,473.90 | |||||||||
Operating costs and expenses | 33.9 | 646.5 | 585.6 | (62.2 | ) | 1,203.80 | ||||||||||||||
Operating (loss) income | (33.9 | ) | 66.9 | 237.1 | — | 270.1 | ||||||||||||||
Interest expense, net | 164.8 | 7.8 | 46.3 | — | 218.9 | |||||||||||||||
Other expense (income), net | 11.5 | 9.1 | (5.3 | ) | — | 15.3 | ||||||||||||||
(Loss) income before equity in earnings of subsidiaries | (210.2 | ) | 50 | 196.1 | — | 35.9 | ||||||||||||||
and income taxes | ||||||||||||||||||||
Income tax (benefit) expense | (68.3 | ) | 19.2 | 73.8 | — | 24.7 | ||||||||||||||
Equity in earnings of subsidiaries, net of tax | 153.1 | (11.8 | ) | — | (141.3 | ) | — | |||||||||||||
Net income | 11.2 | 19 | 122.3 | (141.3 | ) | 11.2 | ||||||||||||||
Other comprehensive loss | (0.8 | ) | — | — | — | (0.8 | ) | |||||||||||||
Total comprehensive income | $ | 10.4 | $ | 19 | $ | 122.3 | $ | (141.3 | ) | $ | 10.4 | |||||||||
Net income | $ | 11.2 | $ | 19 | $ | 122.3 | $ | (141.3 | ) | $ | 11.2 | |||||||||
Preferred stock dividends | 10.4 | — | — | — | 10.4 | |||||||||||||||
Net income applicable to common shareowners | $ | 0.8 | $ | 19 | $ | 122.3 | $ | (141.3 | ) | $ | 0.8 | |||||||||
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) | ||||||||||||||||||||
Year Ended December 31, 2011 | ||||||||||||||||||||
(dollars in millions) | Parent | Guarantors | Non-guarantors | Eliminations | Total | |||||||||||||||
(Issuer) | ||||||||||||||||||||
Revenue | $ | 3.4 | $ | 741.6 | $ | 774.8 | $ | (57.4 | ) | $ | 1,462.40 | |||||||||
Operating costs and expenses | 23.6 | 714 | 522.7 | (57.4 | ) | 1,202.90 | ||||||||||||||
Operating (loss) income | (20.2 | ) | 27.6 | 252.1 | — | 259.5 | ||||||||||||||
Interest expense, net | 161.8 | 9.7 | 43.5 | — | 215 | |||||||||||||||
Other (income) expense, net | (0.9 | ) | 9.7 | (7.9 | ) | — | 0.9 | |||||||||||||
(Loss) income before equity in earnings of subsidiaries and income taxes | (181.1 | ) | 8.2 | 216.5 | — | 43.6 | ||||||||||||||
Income tax (benefit) expense | (56.4 | ) | 2.6 | 78.8 | — | 25 | ||||||||||||||
Equity in earnings of subsidiaries, net of tax | 143.3 | 11.1 | — | (154.4 | ) | — | ||||||||||||||
Net income | 18.6 | 16.7 | 137.7 | (154.4 | ) | 18.6 | ||||||||||||||
Other comprehensive loss | (48.8 | ) | — | (0.1 | ) | — | (48.9 | ) | ||||||||||||
Total comprehensive (loss) income | $ | (30.2 | ) | $ | 16.7 | $ | 137.6 | $ | (154.4 | ) | $ | (30.3 | ) | |||||||
Net income | $ | 18.6 | $ | 16.7 | $ | 137.7 | $ | (154.4 | ) | $ | 18.6 | |||||||||
Preferred stock dividends | 10.4 | — | — | — | 10.4 | |||||||||||||||
Net income applicable to common shareowners | $ | 8.2 | $ | 16.7 | $ | 137.7 | $ | (154.4 | ) | $ | 8.2 | |||||||||
Condensed Consolidating Balance Sheets | ||||||||||||||||||||
As of December 31, 2013 | ||||||||||||||||||||
(dollars in millions) | Parent | Guarantors | Non-guarantors | Eliminations | Total | |||||||||||||||
(Issuer) | ||||||||||||||||||||
Cash and cash equivalents | $ | 2.1 | $ | 0.3 | $ | 2.2 | $ | — | $ | 4.6 | ||||||||||
Receivables, net | 2.6 | 7.2 | 145 | — | 154.8 | |||||||||||||||
Other current assets | 4.4 | 60.7 | 27.3 | (0.7 | ) | 91.7 | ||||||||||||||
Total current assets | 9.1 | 68.2 | 174.5 | (0.7 | ) | 251.1 | ||||||||||||||
Property, plant and equipment, net | 0.1 | 194.1 | 708.6 | — | 902.8 | |||||||||||||||
Investment in CyrusOne | — | 471 | — | — | 471 | |||||||||||||||
Goodwill and intangibles, net | — | 103.8 | 2.3 | — | 106.1 | |||||||||||||||
Investments in and advances to subsidiaries | 1,406.60 | (1.6 | ) | 218.2 | (1,623.2 | ) | — | |||||||||||||
Other noncurrent assets | 359.1 | 179.9 | 5.1 | (167.8 | ) | 376.3 | ||||||||||||||
Total assets | $ | 1,774.90 | $ | 1,015.40 | $ | 1,108.70 | $ | (1,791.7 | ) | $ | 2,107.30 | |||||||||
Current portion of long-term debt | $ | 5.4 | $ | 3 | $ | 4.2 | $ | — | $ | 12.6 | ||||||||||
Accounts payable | 1.5 | 72.3 | 16.1 | — | 89.9 | |||||||||||||||
Other current liabilities | 67.7 | 36.9 | 47.1 | 0.1 | 151.8 | |||||||||||||||
Total current liabilities | 74.6 | 112.2 | 67.4 | 0.1 | 254.3 | |||||||||||||||
Long-term debt, less current portion | 1,916.10 | 87 | 249.5 | — | 2,252.60 | |||||||||||||||
Other noncurrent liabilities | 214.5 | 61.3 | 169.9 | (168.6 | ) | 277.1 | ||||||||||||||
Intercompany payables | 246.4 | 149.9 | 33.2 | (429.5 | ) | — | ||||||||||||||
Total liabilities | 2,451.60 | 410.4 | 520 | (598.0 | ) | 2,784.00 | ||||||||||||||
Shareowners’ (deficit) equity | (676.7 | ) | 605 | 588.7 | (1,193.7 | ) | (676.7 | ) | ||||||||||||
Total liabilities and shareowners’ equity (deficit) | $ | 1,774.90 | $ | 1,015.40 | $ | 1,108.70 | $ | (1,791.7 | ) | $ | 2,107.30 | |||||||||
As of December 31, 2012 | ||||||||||||||||||||
(dollars in millions) | Parent | Guarantors | Non-guarantors | Eliminations | Total | |||||||||||||||
(Issuer) | ||||||||||||||||||||
Cash and cash equivalents | $ | 3.8 | $ | 0.3 | $ | 19.5 | $ | — | $ | 23.6 | ||||||||||
Receivables, net | 1 | 1.2 | 196.8 | — | 199 | |||||||||||||||
Other current assets | 3.1 | 27.7 | 50.5 | (0.4 | ) | 80.9 | ||||||||||||||
Total current assets | 7.9 | 29.2 | 266.8 | (0.4 | ) | 303.5 | ||||||||||||||
Property, plant and equipment, net | 0.1 | 220.9 | 1,366.40 | — | 1,587.40 | |||||||||||||||
Goodwill and intangibles, net | — | 106.4 | 381 | — | 487.4 | |||||||||||||||
Investments in and advances to subsidiaries | 1,449.90 | 506.4 | 192.5 | (2,148.8 | ) | — | ||||||||||||||
Other noncurrent assets | 384.6 | 218.5 | 54.1 | (163.1 | ) | 494.1 | ||||||||||||||
Total assets | $ | 1,842.50 | $ | 1,081.40 | $ | 2,260.80 | $ | (2,312.3 | ) | $ | 2,872.40 | |||||||||
Current portion of long-term debt | $ | — | $ | 3.9 | $ | 9.5 | $ | — | $ | 13.4 | ||||||||||
Accounts payable | 1.2 | 90.2 | 44.2 | — | 135.6 | |||||||||||||||
Other current liabilities | 85.6 | 33.6 | 86.3 | 0.9 | 206.4 | |||||||||||||||
Total current liabilities | 86.8 | 127.7 | 140 | 0.9 | 355.4 | |||||||||||||||
Long-term debt, less current portion | 1,841.70 | 88.4 | 745.9 | — | 2,676.00 | |||||||||||||||
Other noncurrent liabilities | 383.3 | 90.6 | 229.7 | (164.4 | ) | 539.2 | ||||||||||||||
Intercompany payables | 228.9 | 160 | 102.6 | (491.5 | ) | — | ||||||||||||||
Total liabilities | 2,540.70 | 466.7 | 1,218.20 | (655.0 | ) | 3,570.60 | ||||||||||||||
Shareowners’ (deficit) equity | (698.2 | ) | 614.7 | 1,042.60 | (1,657.3 | ) | (698.2 | ) | ||||||||||||
Total liabilities and shareowners’ equity (deficit) | $ | 1,842.50 | $ | 1,081.40 | $ | 2,260.80 | $ | (2,312.3 | ) | $ | 2,872.40 | |||||||||
Condensed Consolidating Statements of Cash Flows | ||||||||||||||||||||
Year Ended December 31, 2013 | ||||||||||||||||||||
(dollars in millions) | Parent | Guarantors | Non-guarantors | Eliminations | Total | |||||||||||||||
(Issuer) | ||||||||||||||||||||
Cash flows (used in) provided by operating activities | $ | (218.1 | ) | $ | 26.2 | $ | 270.7 | $ | — | $ | 78.8 | |||||||||
Capital expenditures | — | (36.1 | ) | (160.8 | ) | — | (196.9 | ) | ||||||||||||
Dividends received from CyrusOne | — | 21.3 | — | — | 21.3 | |||||||||||||||
Proceeds from sale of assets | — | — | 2 | — | 2 | |||||||||||||||
Cash divested from deconsolidation of CyrusOne | — | — | (12.2 | ) | — | (12.2 | ) | |||||||||||||
Other investing activities | — | — | 0.4 | — | 0.4 | |||||||||||||||
Cash flows used in investing activities | — | (14.8 | ) | (170.6 | ) | — | (185.4 | ) | ||||||||||||
Issuance of long-term debt | 536 | — | — | — | 536 | |||||||||||||||
Funding between Parent and subsidiaries, net | 174.2 | (7.4 | ) | (166.8 | ) | — | — | |||||||||||||
Debt issuance costs | (6.7 | ) | — | — | — | (6.7 | ) | |||||||||||||
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | 40 | — | 54.2 | — | 94.2 | |||||||||||||||
Repayment of debt | (522.0 | ) | (4.0 | ) | (4.8 | ) | — | (530.8 | ) | |||||||||||
Proceeds from exercise of options and warrants | 7.1 | — | — | — | 7.1 | |||||||||||||||
Other financing activities | (12.2 | ) | — | — | — | (12.2 | ) | |||||||||||||
Cash flows provided by (used in) financing activities | 216.4 | (11.4 | ) | (117.4 | ) | — | 87.6 | |||||||||||||
Decrease in cash and cash equivalents | (1.7 | ) | — | (17.3 | ) | — | (19.0 | ) | ||||||||||||
Beginning cash and cash equivalents | 3.8 | 0.3 | 19.5 | — | 23.6 | |||||||||||||||
Ending cash and cash equivalents | $ | 2.1 | $ | 0.3 | $ | 2.2 | $ | — | $ | 4.6 | ||||||||||
Year Ended December 31, 2012 | ||||||||||||||||||||
(dollars in millions) | Parent | Guarantors | Non-guarantors | Eliminations | Total | |||||||||||||||
(Issuer) | ||||||||||||||||||||
Cash flows (used in) provided by operating activities | $ | (144.8 | ) | $ | 51.3 | $ | 306.2 | $ | — | $ | 212.7 | |||||||||
Capital expenditures | — | (30.2 | ) | (337.0 | ) | — | (367.2 | ) | ||||||||||||
Proceeds from sale of assets | — | — | 1.6 | — | 1.6 | |||||||||||||||
Other investing activities | — | — | (6.2 | ) | — | (6.2 | ) | |||||||||||||
Cash flows used in investing activities | — | (30.2 | ) | (341.6 | ) | — | (371.8 | ) | ||||||||||||
Issuance of long-term debt | — | — | 525 | — | 525 | |||||||||||||||
Funding between Parent and subsidiaries, net | 433.6 | (16.9 | ) | (416.7 | ) | — | — | |||||||||||||
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | — | — | 52 | — | 52 | |||||||||||||||
Repayment of debt | (352.0 | ) | (4.6 | ) | (85.8 | ) | — | (442.4 | ) | |||||||||||
Debt issuance costs | (3.6 | ) | — | (17.3 | ) | — | (20.9 | ) | ||||||||||||
Common stock issuance costs | — | — | (5.7 | ) | — | (5.7 | ) | |||||||||||||
Common stock repurchase | (0.3 | ) | — | — | — | (0.3 | ) | |||||||||||||
Proceeds from exercise of options and warrants | 12.1 | — | — | — | 12.1 | |||||||||||||||
Other financing activities | (10.8 | ) | — | — | — | (10.8 | ) | |||||||||||||
Cash flows provided by (used in) financing activities | 79 | (21.5 | ) | 51.5 | — | 109 | ||||||||||||||
(Decrease) increase in cash and cash equivalents | (65.8 | ) | (0.4 | ) | 16.1 | — | (50.1 | ) | ||||||||||||
Beginning cash and cash equivalents | 69.6 | 0.7 | 3.4 | — | 73.7 | |||||||||||||||
Ending cash and cash equivalents | $ | 3.8 | $ | 0.3 | $ | 19.5 | $ | — | $ | 23.6 | ||||||||||
Condensed Consolidating Statements of Cash Flows | ||||||||||||||||||||
Year Ended December 31, 2011 | ||||||||||||||||||||
(dollars in millions) | Parent (Issuer) | Guarantors | Non-guarantors | Eliminations | Total | |||||||||||||||
Cash flows (used in) provided by operating activities | $ | (139.6 | ) | $ | 120 | $ | 309.5 | $ | — | $ | 289.9 | |||||||||
Capital expenditures | — | (31.2 | ) | (224.3 | ) | — | (255.5 | ) | ||||||||||||
Proceeds from sale of assets | 11.5 | — | — | — | 11.5 | |||||||||||||||
Other investing activities | (0.7 | ) | — | — | — | (0.7 | ) | |||||||||||||
Cash flows provided by (used in) investing activities | 10.8 | (31.2 | ) | (224.3 | ) | — | (244.7 | ) | ||||||||||||
Funding between Parent and subsidiaries, net | 150.3 | (86.6 | ) | (63.7 | ) | — | — | |||||||||||||
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | — | — | 0.4 | — | 0.4 | |||||||||||||||
Repayment of debt | — | (2.3 | ) | (9.2 | ) | — | (11.5 | ) | ||||||||||||
Common stock repurchase | (10.4 | ) | — | — | — | (10.4 | ) | |||||||||||||
Other financing activities | (11.3 | ) | — | (16.0 | ) | — | (27.3 | ) | ||||||||||||
Cash flows provided by (used in) financing activities | 128.6 | (88.9 | ) | (88.5 | ) | — | (48.8 | ) | ||||||||||||
Decrease in cash and cash equivalents | (0.2 | ) | (0.1 | ) | (3.3 | ) | — | (3.6 | ) | |||||||||||
Beginning cash and cash equivalents | 69.8 | 0.8 | 6.7 | — | 77.3 | |||||||||||||||
Ending cash and cash equivalents | $ | 69.6 | $ | 0.7 | $ | 3.4 | $ | — | $ | 73.7 | ||||||||||
Quarterly_Financial_Informatio1
Quarterly Financial Information (Unaudited) (Tables) | 12 Months Ended | |||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||
Selected Quarterly Financial Information [Abstract] | ' | |||||||||||||||||||
Schedule of Quarterly Financial Information [Table Text Block] | ' | |||||||||||||||||||
2013 | ||||||||||||||||||||
First | Second | Third | Fourth | |||||||||||||||||
(dollars in millions, except per common share amounts) | Quarter | Quarter | Quarter | Quarter | Total | |||||||||||||||
Revenue | $ | 325.7 | $ | 312 | $ | 310.8 | $ | 308.4 | $ | 1,256.90 | ||||||||||
Operating income | 19.2 | 46.8 | 57.7 | 40.1 | 163.8 | |||||||||||||||
Net (loss) income | (36.7 | ) | 0.8 | 9.3 | (28.1 | ) | (54.7 | ) | ||||||||||||
Basic and diluted (loss) earnings per common share | $ | (0.19 | ) | $ | (0.01 | ) | $ | 0.03 | $ | (0.15 | ) | $ | (0.32 | ) | ||||||
2012 | ||||||||||||||||||||
First | Second | Third | Fourth | |||||||||||||||||
(dollars in millions, except per common share amounts) | Quarter | Quarter | Quarter | Quarter | Total | |||||||||||||||
Revenue | $ | 362.8 | $ | 368.2 | $ | 368.2 | $ | 374.7 | $ | 1,473.90 | ||||||||||
Operating income | 81 | 65.2 | 66 | 57.9 | 270.1 | |||||||||||||||
Net income (loss) | 12.6 | 4.5 | 3.9 | (9.8 | ) | 11.2 | ||||||||||||||
Basic and diluted earnings (loss) per common share | $ | 0.05 | $ | 0.01 | $ | 0.01 | $ | (0.06 | ) | $ | 0 | |||||||||
Description_of_Business_and_Ac2
Description of Business and Accounting Policies Description of Business and Accounting Policies (Details) (USD $) | 3 Months Ended | 12 Months Ended | |||
In Millions, unless otherwise specified | Dec. 31, 2013 | Mar. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
D | |||||
Description of accounting policies [Line Items] | ' | ' | ' | ' | ' |
Percent of Revenue from Foreign Subsidiaries | ' | ' | 1.00% | ' | ' |
Number of Operating Segments | 3 | 4 | ' | ' | ' |
Investment owned in CyrusOne Inc., Balance, Shares | 1.9 | ' | 1.9 | ' | ' |
Investment owned in CyrusOne Inc., Percentage, Common Stock | 8.60% | ' | 8.60% | ' | ' |
Investment in CyrusOne LP, Balance, Partnership Units | 42.6 | ' | 42.6 | ' | ' |
Investment owned in CyrusOne LP, Percentage, Partnership Units | 66.00% | ' | 66.00% | ' | ' |
Total ownership interests in CyrusOne, Percentage | 69.00% | ' | 69.00% | ' | ' |
Proceeds from sale of assets | ' | ' | $2 | $1.60 | $11.50 |
Gain on sale of assets | ' | ' | -2.4 | 1.6 | 8.4 |
Dividends received from CyrusOne | ' | ' | 21.3 | 0 | 0 |
Trade Receivables Due From Customers, Range, Minimum | ' | ' | 21 | ' | ' |
Trade Receivables Due from Customers, Range, Maximum | ' | ' | 90 | ' | ' |
Number of customers, exceeds 10% of total accounts receivable | 1 | ' | 1 | ' | ' |
Unbilled Receivables, Current | 23.2 | ' | 23.2 | 26 | ' |
Cost Method Investments | 2.5 | ' | 2.5 | 2.7 | ' |
Customer Contract, Lower Range, in Years | ' | ' | 1 | ' | ' |
Customer Contract, Upper Range, in Years | ' | ' | 4 | ' | ' |
Advertising Expense | ' | ' | 12.2 | 16.6 | 18.4 |
Valuation Allowance Provision for Texas margin credits | ' | ' | 10.7 | ' | ' |
Regulatory Taxes Included in Revenue | ' | ' | 18.9 | 22.2 | 20.6 |
Regulatory Taxes Included in Expense | ' | ' | $19.20 | $24.40 | $22.70 |
Lower range, in years, of remaining service life of active employees | 10 | ' | 10 | ' | ' |
Upper range, in years, of remaining service life of active employees | 14 | ' | 14 | ' | ' |
Other Postretirement Benefit Plans, Defined Benefit [Member] | ' | ' | ' | ' | ' |
Description of accounting policies [Line Items] | ' | ' | ' | ' | ' |
Average life expectancy of retirees, in years | 16 | ' | 16 | ' | ' |
Investment_in_CyrusOne_Details
Investment in CyrusOne (Details) (USD $) | 3 Months Ended | 12 Months Ended | 12 Months Ended | |||||||||||
In Millions, except Per Share data, unless otherwise specified | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2013 | Jan. 24, 2013 |
CyrusOne [Member] | CyrusOne [Member] | |||||||||||||
Schedule of Equity Method Investments [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total ownership interests in CyrusOne, Percentage | 69.00% | ' | ' | ' | ' | ' | ' | ' | 69.00% | ' | ' | ' | ' | ' |
Investment owned in CyrusOne Inc., Balance, Shares | 1.9 | ' | ' | ' | ' | ' | ' | ' | 1.9 | ' | ' | ' | ' | ' |
Investment in CyrusOne LP, Balance, Partnership Units | 42.6 | ' | ' | ' | ' | ' | ' | ' | 42.6 | ' | ' | ' | ' | ' |
Loss from CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | ($10.70) | $0 | $0 | ' | ' | ' |
Equity Method Investments, Fair Value Disclosure | 993.2 | ' | ' | ' | 0 | ' | ' | ' | 993.2 | 0 | ' | ' | ' | ' |
Dividends received from CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | 21.3 | 0 | 0 | ' | ' | ' |
Dividends Payable, Amount Per Share | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $0.16 | ' |
Assets Deconsolidated [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash | 4.6 | ' | ' | ' | 23.6 | ' | ' | ' | 4.6 | 23.6 | 73.7 | 77.3 | ' | 12.2 |
Receivables | 145.6 | ' | ' | ' | 199 | ' | ' | ' | 145.6 | 199 | ' | ' | ' | 41.5 |
Other current assets | 1.6 | ' | ' | ' | 11.6 | ' | ' | ' | 1.6 | 11.6 | ' | ' | ' | 13.4 |
Property, plant and equipment | 902.8 | ' | ' | ' | 1,587.40 | ' | ' | ' | 902.8 | 1,587.40 | ' | ' | ' | 736.2 |
Goodwill and intangibles | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 377.7 |
Other noncurrent assets | 36.6 | ' | ' | ' | 86.3 | ' | ' | ' | 36.6 | 86.3 | ' | ' | ' | 44 |
Total assets | 2,107.30 | ' | ' | ' | 2,872.40 | ' | ' | ' | 2,107.30 | 2,872.40 | ' | ' | ' | 1,225 |
Liabilities Deconsolidated [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Current portion of long-term debt | 12.6 | ' | ' | ' | 13.4 | ' | ' | ' | 12.6 | 13.4 | ' | ' | ' | 6.3 |
Accounts payable | 89.4 | ' | ' | ' | 135.6 | ' | ' | ' | 89.4 | 135.6 | ' | ' | ' | 29.4 |
Unearned revenue and customer deposits | 32.5 | ' | ' | ' | 51.2 | ' | ' | ' | 32.5 | 51.2 | ' | ' | ' | 24.1 |
Other current liabilities | 36.8 | ' | ' | ' | 40.2 | ' | ' | ' | 36.8 | 40.2 | ' | ' | ' | 12.9 |
Long-term debt | 2,252.60 | ' | ' | ' | 2,676 | ' | ' | ' | 2,252.60 | 2,676 | ' | ' | ' | 550.3 |
Other noncurrent liabilities | 74.4 | ' | ' | ' | 176.5 | ' | ' | ' | 74.4 | 176.5 | ' | ' | ' | 92.3 |
Total liabilities | 2,784 | ' | ' | ' | 3,570.60 | ' | ' | ' | 2,784 | 3,570.60 | ' | ' | ' | 715.3 |
Equity Method Investment, Financial Statement, Reported Amounts [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net assets | ' | ' | ' | ' | ' | ' | ' | ' | 509.7 | 0 | 0 | ' | ' | ' |
Equity Method Investment, Summarized Financial Information, Income Statement [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 248.4 | ' |
Operating income | 40.1 | 57.7 | 46.8 | 19.2 | 57.9 | 66 | 65.2 | 81 | 163.8 | 270.1 | 259.5 | ' | 28.9 | ' |
Net loss | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -15.6 | ' |
Equity Method Investment, Summarized Financial Information, Assets [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net investment in real estate | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 883.8 | ' |
Total assets | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,506.80 | ' |
Equity Method Investment, Summarized Financial Information, Liabilities [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total liabilities | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $729.20 | ' |
Investment_in_CyrusOne_Schedul
Investment in CyrusOne - Schedule of Related Party Transactions (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Operating costs and expenses: | ' | ' | ' |
Transaction-related compensation to CyrusOne employees | $20 | ' | ' |
Balance Sheet Related Disclosures [Abstract] | ' | ' | ' |
Dividends receivable | 7.1 | 0 | 0 |
Receivable from CyrusOne | 9.2 | 0 | ' |
Payable to CyrusOne | 0.5 | 0 | ' |
CyrusOne [Member] | ' | ' | ' |
Related Party Transaction [Line Items] | ' | ' | ' |
Income Tax Receivable from Related Party | 1.5 | ' | ' |
Revenue: | ' | ' | ' |
Services provided to CyrusOne | 2.1 | ' | ' |
Operating costs and expenses: | ' | ' | ' |
Transaction-related compensation to CyrusOne employees | 20 | ' | ' |
Charges for services provided by CyrusOne | 8.8 | ' | ' |
Administrative services provided to CyrusOne | -0.6 | ' | ' |
Total operating costs and expenses | 28.2 | ' | ' |
Balance Sheet Related Disclosures [Abstract] | ' | ' | ' |
Accounts receivable | 2.1 | ' | ' |
Dividends receivable | 7.1 | ' | ' |
Receivable from CyrusOne | 9.2 | ' | ' |
Accounts payable | 0.5 | ' | ' |
Payable to CyrusOne | $0.50 | ' | ' |
Earnings_Per_Common_Share_Comp
Earnings Per Common Share - Computation of EPS (Details) (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
In Millions, except Per Share data, unless otherwise specified | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Numerator: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net (loss) income | ($28.10) | $9.30 | $0.80 | ($36.70) | ($9.80) | $3.90 | $4.50 | $12.60 | ($54.70) | $11.20 | $18.60 |
Preferred stock dividends | ' | ' | ' | ' | ' | ' | ' | ' | 10.4 | 10.4 | 10.4 |
Net (loss) income applicable to common shareowners - basic and diluted | ' | ' | ' | ' | ' | ' | ' | ' | ($65.10) | $0.80 | $8.20 |
Denominator: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Weighted-average common shares outstanding - basic | ' | ' | ' | ' | ' | ' | ' | ' | 205.9 | 197 | 196.8 |
Warrants | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 4.5 | 0.4 |
Stock-based compensation arrangements | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 3.2 | 2.8 |
Weighted-average common shares outstanding - diluted | ' | ' | ' | ' | ' | ' | ' | ' | 205.9 | 204.7 | 200 |
Basic and diluted (loss) earnings per common share | ($0.15) | $0.03 | ($0.01) | ($0.19) | ($0.06) | $0.01 | $0.01 | $0.05 | ($0.32) | $0 | $0.04 |
Earinings_Per_Common_Share_Ant
Earinings Per Common Share - Antidilutive Securities Excluded From Computation of EPS (Details) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Stock Compensation Plan [Member] | ' | ' | ' |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ' | ' | ' |
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | ' | 5.3 | 11.4 |
Convertible Preferred Stock [Member] | ' | ' | ' |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ' | ' | ' |
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 4.5 | 4.5 | 4.5 |
Property_Plant_and_Equipment_D
Property, Plant and Equipment (Details) (USD $) | 3 Months Ended | 12 Months Ended | |||
Dec. 31, 2013 | Mar. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | |
Property, Plant and Equipment [Line Items] | ' | ' | ' | ' | ' |
Land and rights-of-way | $4,300,000 | ' | $4,300,000 | $49,700,000 | ' |
Buildings and leasehold improvements | 172,800,000 | ' | 172,800,000 | 895,900,000 | ' |
Network equipment | 2,897,700,000 | ' | 2,897,700,000 | 2,858,400,000 | ' |
Office software, furniture, fixtures and vehicles | 152,900,000 | ' | 152,900,000 | 133,800,000 | ' |
Construction in process | 20,700,000 | ' | 20,700,000 | 78,600,000 | ' |
Gross value | 3,248,400,000 | ' | 3,248,400,000 | 4,016,400,000 | ' |
Accumulated depreciation | -2,345,600,000 | ' | -2,345,600,000 | -2,429,000,000 | ' |
Property, plant and equipment, net | 902,800,000 | ' | 902,800,000 | 1,587,400,000 | ' |
Depreciation | ' | ' | 166,000,000 | 198,800,000 | 180,400,000 |
Depreciation associated with cost of providing services | ' | ' | 85.00% | 87.00% | 84.00% |
Impairment of assets, excluding goodwill | ' | ' | 0 | -14,200,000 | -2,100,000 |
Change in Accounting Estimate, Effect of Change on Operating Results, Increase in Depreciation Expense | 3,000,000 | 8,500,000 | ' | ' | ' |
Change in Accounting Estimate, Effect of Change on Basic and Diluted Earnings Per Share | ($0.01) | ($0.03) | ' | ' | ' |
Change in Accounting Estimate, Effect of Change on Future Operating Results, Increase in Depreciation Expense for Next Fiscal Year | ' | ' | 36,000,000 | ' | ' |
Capital Lease and Other Financing Arrangements Assets, Gross | 126,800,000 | ' | 126,800,000 | 244,100,000 | ' |
Land [Member] | ' | ' | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' | ' | ' |
Property, Plant and Equipment, Useful Life | ' | ' | '20 years | ' | ' |
Equipment [Member] | ' | ' | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' | ' | ' |
Property, Plant and Equipment, Useful Life, Minimum in Practice | ' | ' | 9 | ' | ' |
Property, Plant and Equipment, Useful Life, Maximum in Practice | ' | ' | 22 | ' | ' |
Data Center Colocation [Member] | ' | ' | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' | ' | ' |
Impairment of assets, excluding goodwill | ' | ' | ' | 11,800,000 | ' |
Wireless [Member] | ' | ' | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' | ' | ' |
Impairment of assets, excluding goodwill | ' | ' | 0 | 400,000 | 1,100,000 |
Sale Leaseback Transaction, Deferred Gain, Remaining Amortization Period | '30 months | ' | '30 months | ' | ' |
Sale Leaseback Transaction, Current Period Gain Recognized | ' | ' | 3,300,000 | ' | ' |
Sale Leaseback Transaction, Gain to be Recognized in Next Fiscal Year | ' | ' | 14,000,000 | ' | ' |
Wireless [Member] | Computer Software, Intangible Asset [Member] | ' | ' | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' | ' | ' |
Property, Plant and Equipment, Useful Life | ' | '3 years 0 months 0 days | ' | ' | ' |
Wireless [Member] | Property, Plant and Equipment [Member] | ' | ' | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' | ' | ' |
Property, Plant and Equipment, Useful Life | '30 months | ' | ' | ' | ' |
Wireline [Member] | ' | ' | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' | ' | ' |
Impairment of assets, excluding goodwill | ' | ' | $0 | $500,000 | $1,000,000 |
Minimum [Member] | Building and Building Improvements [Member] | ' | ' | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' | ' | ' |
Property, Plant and Equipment, Useful Life | ' | ' | '2 years | ' | ' |
Minimum [Member] | Equipment [Member] | ' | ' | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' | ' | ' |
Property, Plant and Equipment, Useful Life | ' | ' | '2 years | ' | ' |
Minimum [Member] | Furniture and Fixtures [Member] | ' | ' | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' | ' | ' |
Property, Plant and Equipment, Useful Life | ' | ' | '2 years | ' | ' |
Maximum [Member] | Building and Building Improvements [Member] | ' | ' | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' | ' | ' |
Property, Plant and Equipment, Useful Life | ' | ' | '40 years | ' | ' |
Maximum [Member] | Equipment [Member] | ' | ' | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' | ' | ' |
Property, Plant and Equipment, Useful Life | ' | ' | '50 years | ' | ' |
Maximum [Member] | Furniture and Fixtures [Member] | ' | ' | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' | ' | ' |
Property, Plant and Equipment, Useful Life | ' | ' | '14 years | ' | ' |
Goodwill_and_Intangible_Assets2
Goodwill and Intangible Assets Goodwill (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Goodwill [Line Items] | ' | ' | ' |
Goodwill, Gross | $64.70 | $340.90 | ' |
Goodwill, Impaired, Accumulated Impairment Loss [Abstract] | ' | ' | ' |
Goodwill, Impaired, Accumulated Impairment Loss | 50.3 | 50.3 | ' |
Goodwill [Roll Forward] | ' | ' | ' |
Goodwill | 290.6 | 290.6 | ' |
Impairment | 0 | 0 | 50.3 |
Goodwill divested from deconsolidation of CyrusOne | -276.2 | ' | ' |
Goodwill | 14.4 | 290.6 | 290.6 |
Wireline [Member] | ' | ' | ' |
Goodwill [Roll Forward] | ' | ' | ' |
Goodwill | 11.8 | 11.8 | ' |
Impairment | ' | 0 | ' |
Goodwill divested from deconsolidation of CyrusOne | 0 | ' | ' |
Goodwill | 11.8 | 11.8 | ' |
Wireless [Member] | ' | ' | ' |
Goodwill [Roll Forward] | ' | ' | ' |
Goodwill | 0 | 0 | ' |
Impairment | ' | 0 | 50.3 |
Goodwill divested from deconsolidation of CyrusOne | 0 | ' | ' |
Goodwill | 0 | 0 | 0 |
IT Services and Hardware [Member] | ' | ' | ' |
Goodwill [Roll Forward] | ' | ' | ' |
Goodwill | 2.6 | 2.6 | ' |
Impairment | ' | 0 | ' |
Goodwill divested from deconsolidation of CyrusOne | 0 | ' | ' |
Goodwill | 2.6 | 2.6 | ' |
Data Center Colocation [Member] | ' | ' | ' |
Goodwill [Roll Forward] | ' | ' | ' |
Goodwill | 276.2 | 276.2 | ' |
Impairment | ' | 0 | ' |
Goodwill divested from deconsolidation of CyrusOne | -276.2 | ' | ' |
Goodwill | $0 | $276.20 | ' |
Goodwill_and_Intangible_Assets3
Goodwill and Intangible Assets Intangible Assets (Details) (USD $) | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 3 Months Ended | 12 Months Ended | 12 Months Ended | 3 Months Ended | 12 Months Ended | |||||||||||||||||||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Jan. 24, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Jan. 24, 2013 | Dec. 31, 2012 | Mar. 31, 2013 | Dec. 31, 2013 | Jan. 24, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 |
Years | Customer Relationships [Member] | Customer Relationships [Member] | Customer Relationships [Member] | Customer Relationships [Member] | Customer Relationships [Member] | Customer Relationships [Member] | Customer Relationships [Member] | Customer Relationships [Member] | Customer Relationships [Member] | Customer Relationships [Member] | Customer Relationships [Member] | Trademarks [Member] | Trademarks [Member] | Trademarks [Member] | Trademarks [Member] | Trademarks [Member] | Trademarks [Member] | Trademarks [Member] | Trademarks [Member] | Lease Agreements [Member] | Lease Agreements [Member] | Lease Agreements [Member] | Lease Agreements [Member] | Fair Value, Measurements, Nonrecurring [Member] | Licensing Agreements [Member] | Licensing Agreements [Member] | |||
Wireline [Member] | Wireline [Member] | Wireless [Member] | Wireless [Member] | IT Services and Hardware [Member] | IT Services and Hardware [Member] | Data Center Colocation [Member] | Data Center Colocation [Member] | Data Center Colocation [Member] | Wireless [Member] | Wireless [Member] | Wireless [Member] | Data Center Colocation [Member] | Data Center Colocation [Member] | Data Center Colocation [Member] | Data Center Colocation [Member] | Data Center Colocation [Member] | Data Center Colocation [Member] | Data Center Colocation [Member] | Data Center Colocation [Member] | ||||||||||
Indefinite-lived Intangible Assets [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Indefinite-Lived Intangible Assets (Excluding Goodwill) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $88.20 | $88.20 |
Indefinite-Lived Intangible Assets, Set Renewal Period | 10 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Impairment of Intangible Assets, Finite-lived | 0 | ' | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -1.5 | ' | ' |
Finite-Lived Intangible Assets, Net | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 91.7 | ' | ' | ' | ' | ' | ' | ' | 6.1 | ' | ' | ' | 3.7 | ' | ' | ' | ' |
Finite-Lived Intangible Asset, Useful Life | ' | ' | ' | ' | ' | '10 years | ' | '9 years | ' | '5 years | ' | '15 years | ' | ' | ' | ' | '30 months | '6 years | ' | '15 years | ' | ' | '56 years | ' | ' | ' | ' | ' | ' |
Gross Carrying Amount | 23.9 | 164.7 | ' | 17.7 | 147.2 | 7 | 7 | 8.7 | 8.7 | 2 | 2 | 0 | ' | 129.5 | 6.2 | 13.6 | 6.2 | 6.2 | 6.2 | 0 | ' | 7.4 | ' | 0 | ' | 3.9 | ' | ' | ' |
Accumulated Amortization | -20.4 | -56.1 | ' | -16.6 | -51.8 | -6.1 | -4.9 | -8.5 | -8.1 | -2 | -2 | 0 | ' | -36.8 | -3.8 | -4.1 | -3.8 | -3.8 | -2.8 | 0 | ' | -1.3 | ' | 0 | ' | -0.2 | ' | ' | ' |
Amortization of Intangible Assets | 3.6 | 18.6 | 19.1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
2014 | 1.7 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
2015 | 1.2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
2016 | 0.6 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
2017 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
2018 | $0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt_and_Other_Financing_Arran1
Debt and Other Financing Arrangements Long-Term Debt and Other (Details) (USD $) | 3 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 1 Months Ended | 12 Months Ended | 3 Months Ended | 12 Months Ended | 3 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2015 | Dec. 31, 2014 | Dec. 31, 2012 | Dec. 31, 2013 | Oct. 15, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2010 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2010 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2013 | Jan. 24, 2013 | Dec. 31, 1993 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Nov. 30, 1998 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Jan. 24, 2013 | Jan. 24, 2013 | Jan. 24, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Jan. 24, 2013 | Dec. 31, 2013 |
Senior Notes due 2015 [Member] | Senior Notes due 2017 [Member] | Senior Notes due 2017 [Member] | Senior Notes due 2017 [Member] | Senior Subordinated Notes due 2018 [Member] | Senior Subordinated Notes due 2018 [Member] | Senior Subordinated Notes due 2018 [Member] | Senior Notes due 2020 [Member] | Senior Notes due 2020 [Member] | Senior Notes due 2020 [Member] | Senior Notes due 2022 [Member] | Senior Notes due 2022 [Member] | Senior Notes due 2022 [Member] | Senior Notes due 2023 [Member] | Senior Notes due 2023 [Member] | Senior Notes due 2023 [Member] | Cincinnati Bell Telephone Unsecured Notes due 2023 [Member] | Cincinnati Bell Telephone Unsecured Notes due 2023 [Member] | Various Cincinnati Bell Telephone Notes [Member] | Various Cincinnati Bell Telephone Notes [Member] | Cincinnati Bell Telephone Senior Notes due 2028 [Member] | Cincinnati Bell Telephone Senior Notes due 2028 [Member] | Cincinnati Bell Telephone Senior Notes due 2028 [Member] | Capital Lease Obligations [Member] | Line of Credit [Member] | Standby Letters of Credit [Member] | Bridge Loan [Member] | Senior Notes due 2015 [Member] | Senior Notes due 2017 [Member] | Senior Notes due 2020 [Member] | Senior Notes due 2020 [Member] | Cincinnati Bell Telephone Unsecured Notes due 2023 [Member] | Various Cincinnati Bell Telephone Notes [Member] | CyrusOne LP [Member] | CyrusOne LP [Member] | CyrusOne LP [Member] | CyrusOne LP [Member] | Debt Instrument, Redemption, Period One [Member] | Debt Instrument, Redemption, Period One [Member] | Debt Instrument, Redemption, Period Two [Member] | Debt Instrument, Redemption, Period Two [Member] | Debt Instrument, Redemption, Period Three [Member] | Debt Instrument, Redemption, Period Three [Member] | Debt Instrument, Redemption, Period Four [Member] | US Treasury Securities [Member] | US Treasury Securities [Member] | Data Center Colocation [Member] | Data Center Colocation [Member] | Data Center Colocation [Member] | CyrusOne [Member] | Excluding Data Center Colocation [Member] | |||||||
Line of Credit [Member] | Standby Letters of Credit [Member] | Bridge Loan [Member] | Senior Subordinated Notes due 2018 [Member] | Senior Notes due 2020 [Member] | Senior Subordinated Notes due 2018 [Member] | Senior Notes due 2020 [Member] | Senior Subordinated Notes due 2018 [Member] | Senior Notes due 2020 [Member] | Senior Notes due 2020 [Member] | Senior Subordinated Notes due 2018 [Member] | Senior Notes due 2020 [Member] | ||||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Proceeds from issuance of long-term debt | ' | $536 | $525 | $0 | ' | ' | ' | ' | ' | ' | ' | $625 | ' | ' | $775 | ' | $525 | ' | ' | $50 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Customary Events of Default Amount for Existing Debt Instruments | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 35 | ' | ' | 35 | ' | ' | ' | ' | ' | ' | 20 | ' | ' | ' | 20 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Redemption Price, Percentage | 104.13% | ' | ' | ' | ' | ' | ' | ' | ' | ' | 100.00% | ' | ' | 100.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 104.38% | 104.19% | 102.19% | 102.79% | 100.00% | 101.40% | 100.00% | ' | ' | ' | ' | ' | ' | ' |
Incremental Percentage of Face Value | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1.00% | ' | ' | 1.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Redemption Price, Present Value of Percentage of Face Value | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 104.38% | ' | ' | 104.19% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Basis Spread on Variable Rate | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.50% | 0.50% | ' | ' | ' | ' | ' |
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 7.18% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Maximum | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 7.27% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Interest Rate, Stated Percentage | ' | ' | ' | ' | ' | ' | 7.00% | 8.25% | ' | ' | 8.75% | ' | ' | 8.38% | ' | ' | ' | ' | 6.38% | ' | 7.25% | ' | ' | ' | ' | ' | ' | 6.30% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Proceeds from Issuance of Unsecured Debt | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 80 | ' | ' | ' | 150 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Face Amount | ' | ' | ' | ' | ' | ' | ' | 0 | 500 | 500 | 625 | ' | 625 | 683.9 | ' | 683.9 | 525 | 0 | 525 | ' | 40 | 40 | ' | ' | 134.5 | 134.5 | ' | 134.5 | 134.5 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Line of Credit Facility, Maximum Borrowing Capacity | ' | ' | ' | ' | 125 | 150 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 200 | 30 | 25 | ' | ' | ' | ' | ' | ' | ' | 225 | 50 | 30 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Line of Credit Facility, Amount Outstanding | 40 | 40 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Other Financing Arrangements Liabilities [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Other Financing Arrangements, Carrying Value | 0 | 0 | 60.8 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Repayments of Long-term Debt [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Long-Term Debt, Excluding Capital Leases, Current | 5.7 | 5.7 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Long-Term Debt, Excluding Capital Leases, Repayments of Principal in Year Two | 5.6 | 5.6 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Long-Term Debt, Excluding Capital Leases, Repayments of Principal in Year Three | 111.7 | 111.7 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Long-Term Debt, Excluding Capital Leases, Repayments of Principal in Year Four | 45.6 | 45.6 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Long-Term Debt, Excluding Capital Leases, Repayments of Principal in Year Five | 630.4 | 630.4 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Long-Term Debt, Excluding Capital Leases, Repayments of Principal After Year Five | 1,370 | 1,370 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Long-Term Debt, Excluding Capital Leases, Gross | 2,169 | 2,169 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Long-Term Debt, Excluding Capital Leases, Net | 2,162.70 | 2,162.70 | 2,554.30 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Capital Leases, Future Principal Payments Due, Repayments of Principal in Next Twelve Months | 6.9 | 6.9 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Capital Leases, Future Principal Payments Due in Two Years | 6.3 | 6.3 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Capital Leases, Future Principal Payments Due in Three Years | 6.6 | 6.6 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Capital Leases, Future Principal Payments Due in Four Years | 3.8 | 3.8 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Capital Leases, Future Principal Payments Due in Five Years | 2.9 | 2.9 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Capital Leases, Future Principal Payments Due Thereafter | 76 | 76 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Capital Leases, Future Minimum Principal Payments Due | 102.5 | 102.5 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Long-term Debt and Capital Lease Obligations, Repayments of Principal in Next Twelve Months | 12.6 | 12.6 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Long-term Debt and Capital Lease Obligations, Maturities, Repayments of Principal in Year Two | 11.9 | 11.9 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Long-term Debt and Capital Lease Obligations, Maturities, Repayments of Principal in Year Three | 118.3 | 118.3 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Long-term Debt and Capital Lease Obligations, Maturities, Repayments of Principal in Year Four | 49.4 | 49.4 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Long-term Debt and Capital Lease Obligations, Maturities, Repayments of Principal in Year Five | 633.3 | 633.3 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Long-term Debt and Capital Lease Obligations, Maturities, Repayments of Principal after Year Five | 1,446 | 1,446 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Long-term Debt, Gross | 2,271.50 | 2,271.50 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net unamortized discount | 6.3 | 6.3 | 7.5 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net unamortized discount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total debt | 2,265.20 | 2,265.20 | 2,689.40 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Capital Leases, Future Minimum Payments Due [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Capital Leases, Future Minimum Payments Due, Next Twelve Months | 14 | 14 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Capital Leases, Future Minimum Payments Due in Two Years | 12.9 | 12.9 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Capital Leases, Future Minimum Payments Due in Three Years | 13.2 | 13.2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Capital Leases, Future Minimum Payments Due in Four Years | 9.8 | 9.8 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Capital Leases, Future Minimum Payments Due in Five Years | 8.7 | 8.7 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Capital Leases, Future Minimum Payments Due Thereafter | 116.8 | 116.8 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Payments of Debt Issuance Costs | ' | 6.7 | 20.9 | 0.8 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amortization of Deferred Charges [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amortization of Financing Costs | ' | 5.9 | 7.2 | 7 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Deferred Finance Costs [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Deferred Finance Costs, Noncurrent, Net | 26.1 | 26.1 | 47.1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 16.9 | ' |
Debt Covenants [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Consolidated total leverage ratio, maximum allowed under Line of Credit Facility | ' | '7.00 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Consolidated senior secured leverage ratio, maximum allowed under Line of Credit Facility | ' | '3.00 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Consolidated interest coverage ratio, minimum allowed under Line of Credit Facility | ' | '1.50 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Line of credit facility, maximum capital expenditures in current year | ' | 220 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Line of credit facility, maximum aggregate capital expenditures over life of the agreement | ' | 955 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Capital expenditures, excluding CyrusOne | ' | 196.9 | 367.2 | 255.5 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 7.7 | 228.2 | 118.5 | ' | 189 |
Consolidated Adjusted Senior Debt to EBITDA ratio | ' | '4:00 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Secured Debt, Other | 161.4 | 161.4 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Extinguishment of Debt Disclosures [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Extinguishment of Debt, Amount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 247.5 | 500 | 91.1 | 91.1 | 73 | 73 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loss on extinguishment of debt | ' | ($29.60) | ($13.60) | $0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of Leased Facilities on which Purchase Option was held | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' |
Debt_Schedule_of_Debt_Details
Debt - Schedule of Debt (Details) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Sep. 30, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Oct. 15, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Jan. 24, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | Tranche B Term Loan [Member] | Tranche B Term Loan [Member] | Capital lease Obligations and Other Debt [Member] | Capital lease Obligations and Other Debt [Member] | Senior Notes due 2017 [Member] | Senior Notes due 2017 [Member] | Senior Notes due 2017 [Member] | Senior Subordinated Notes due 2018 [Member] | Senior Subordinated Notes due 2018 [Member] | Senior Notes due 2020 [Member] | Senior Notes due 2020 [Member] | Senior Notes due 2022 [Member] | Senior Notes due 2022 [Member] | Senior Notes due 2022 [Member] | Senior Notes due 2023 [Member] | Senior Notes due 2023 [Member] | Various Cincinnati Bell Telephone Notes [Member] | Various Cincinnati Bell Telephone Notes [Member] | Long-term debt, less current portion, before deducting unamortized discount or premium [Member] | Long-term debt, less current portion, before deducting unamortized discount or premium [Member] | Current Portion of Long-Term Debt [Member] | Current Portion of Long-Term Debt [Member] | Long-Term Debt, Less Current Portion [Member] | Long-Term Debt, Less Current Portion [Member] | ||
Tranche B Term Loan [Member] | Tranche B Term Loan [Member] | Tranche B Term Loan [Member] | Tranche B Term Loan [Member] | |||||||||||||||||||||||
Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Current portion of long-term debt | $12.60 | $13.40 | ' | ' | $7.20 | $13.40 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Corporate Credit Agreement | 40 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Receivables facility | 106.2 | 52 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Face Amount | ' | ' | ' | 540 | ' | ' | 0 | 500 | 500 | 625 | 625 | 683.9 | 683.9 | 0 | 525 | 525 | 40 | 40 | 134.5 | 134.5 | ' | ' | 5.4 | 0 | 533.2 | 0 |
Long-term debt, less current portion | 2,252.60 | 2,676 | ' | ' | 96.1 | 123.1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,258.90 | 2,683.50 | ' | ' | ' | ' |
Net unamortized discount | 6.3 | 7.5 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total debt | $2,265.20 | $2,689.40 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Interest Rate, Stated Percentage [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Interest Rate, Stated Percentage | ' | ' | 4.00% | ' | ' | ' | 8.25% | ' | ' | 8.75% | ' | 8.38% | ' | ' | 6.38% | ' | 7.25% | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt_Credit_Facilities_Details
Debt - Credit Facilities (Details) (USD $) | 3 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2015 | Dec. 31, 2014 | Jun. 30, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Sep. 30, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Oct. 15, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Jan. 24, 2013 | Jan. 24, 2013 | Jan. 24, 2013 |
Line of Credit [Member] | Standby Letters of Credit [Member] | Bridge Loan [Member] | Revolving Credit Facility [Member] | Tranche B Term Loan [Member] | Tranche B Term Loan [Member] | Tranche B Term Loan [Member] | Senior Notes due 2017 [Member] | Senior Notes due 2017 [Member] | Senior Notes due 2017 [Member] | Receivables Facilities [Member] | Receivables Facilities [Member] | Receivables Facilities [Member] | London Interbank Offered Rate (LIBOR) [Member] | London Interbank Offered Rate (LIBOR) [Member] | London Interbank Offered Rate (LIBOR) [Member] | Base Rate [Member] | Base Rate [Member] | Federal Funds Rate [Member] | Federal Funds Rate [Member] | Minimum [Member] | Maximum [Member] | CyrusOne LP [Member] | CyrusOne LP [Member] | CyrusOne LP [Member] | CyrusOne LP [Member] | ||||||||
London Interbank Offered Rate (LIBOR) [Member] | Tranche B Term Loan [Member] | Receivables Facilities [Member] | Tranche B Term Loan [Member] | Tranche B Term Loan [Member] | Line of Credit [Member] | Standby Letters of Credit [Member] | Bridge Loan [Member] | ||||||||||||||||||||||||||
Line of Credit Facility [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Line of Credit Facility, Maximum Borrowing Capacity | ' | ' | ' | ' | $125 | $150 | ' | $200 | $30 | $25 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $225 | $50 | $30 |
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3.50% | 1.00% | ' | 2.50% | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Maximum | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4.25% | ' | ' | 3.25% | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Interest Rate, Stated Percentage | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4.00% | ' | ' | 8.25% | ' | ' | ' | ' | ' | 4.00% | ' | ' | 3.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Basis Spread on Variable Rate | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3.00% | ' | ' | ' | ' | ' | ' | 1.00% | 1.00% | 0.50% | ' | 2.00% | 0.50% | 0.50% | ' | ' | ' | ' | ' | ' |
Line of Credit Facility, Interest Rate at Period End | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4.15% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Line of Credit Facility, Increase (Decrease), Other, Net | ' | 50 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Long-Term Debt, Required Principal Payments | ' | 0.25% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Face Amount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 540 | ' | 0 | 500 | 500 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Proceeds received from Tranche B Term Loan | ' | 536 | 525 | 0 | ' | ' | ' | ' | ' | ' | ' | 529.8 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Redemption Price, Percentage | 104.13% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Accrued interest | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 20.6 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Issuance of Long-Term Debt, Original Issue Discount | 0.75% | 0.75% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loss on extinguishment of debt | ' | 29.6 | 13.6 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Restricted payments, limit when leverage ratio threshold not attained | 15 | 15 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Leverage Ratio, threshold | 3.5 | 3.5 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Restricted payments, limit when leverage ratio threshold is attained | 45 | 45 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Leverage Ratio, threshold, other | 3 | 3 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Restricted Payments, Share Repurchases or Dividends, limit | 15.00% | 15.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Restricted Payments, Share Repurchases or Dividends, cap | 35 | 35 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Proceeds from Sale of Equity Method Investment, Percent Required for Mandatory Debt Prepayments | 85.00% | 85.00% | 100.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Equity Interests in Foreign Subsidiaries | 66.00% | 66.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Line of Credit Facility, Amount Outstanding | 40 | 40 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' | ' |
Line of Credit Facility, Remaining Borrowing Capacity | 160 | 160 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Line of Credit Facility, Commitment Fee Percentage | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.50% | 0.63% | ' | ' | ' | ' |
Line of Credit Facility, Commitment Fee Amount | ' | 1 | 1.6 | 2.3 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.7 | 0.7 | 0.7 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Receivables facility maximum borrowing capacity | 120 | 120 | ' | ' | ' | ' | 105 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Receivables facility maximum borrowing availability | 111.4 | 111.4 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Accounts Receivable Facility, Renewal Term | '364 | '364 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Receivables facility amount outstanding | 106.2 | 106.2 | 52 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Letters of Credit Outstanding, Amount | $5.20 | $5.20 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Interest Rate During Period | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.70% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Commitments_and_Contingencies_1
Commitments and Contingencies (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Years | |||
Operating lease expense | $13.40 | $19.30 | $20.40 |
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract] | ' | ' | ' |
2014 | 10.9 | ' | ' |
2015 | 8.1 | ' | ' |
2016 | 4.5 | ' | ' |
2017 | 2.6 | ' | ' |
2018 | 1.1 | ' | ' |
Thereafter | 1.1 | ' | ' |
Total | 28.3 | ' | ' |
Asset Retirement Obligation [Abstract] | ' | ' | ' |
Balance, beginning of period | 7.1 | 5.4 | ' |
Liabilities settled | -0.1 | 0 | ' |
Liabilities incurred | 0.1 | 0.2 | ' |
Revisions to estimated cash flow | 1.1 | 1.1 | ' |
Accretion expense | 0.5 | 0.4 | ' |
Deconsolidation of CyrusOne | -0.2 | 0 | ' |
Balance, end of period | 8.5 | 7.1 | 5.4 |
Letters of Credit Outstanding, Amount | 5.2 | ' | ' |
Long-term Purchase Commitments, Range of Years, Minimum | 1 | ' | ' |
Long-Term Purchase Commitments, Range of Years, Maximum | 3 | ' | ' |
Long-term Purchase Commitment, Amount | 117 | 120 | ' |
Transaction-related compensation | 42.6 | 0 | 0 |
Transaction-related compensation to CyrusOne employees | 20 | ' | ' |
Data Center Colocation [Member] | ' | ' | ' |
Operating lease expense | $0.30 | $5.90 | $5.30 |
Financial_Instruments_and_Fair2
Financial Instruments and Fair Value Measurements Fair Value of Financial Instruments (Details) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ' | ' |
Long-Term Debt, Excluding Capital Leases, Net | $2,162.70 | $2,554.30 |
Investment in CyrusOne, carrying value | 471 | 0 |
Investment in CyrusOne, fair value | 993.2 | 0 |
Other financing arrangements, carrying value | 0 | 60.8 |
Other financing arrangements, fair value | 0 | 69.5 |
Estimate of Fair Value Measurement [Member] | ' | ' |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ' | ' |
Long-Term Debt, Excluding Capital Leases, Net | $2,248.30 | $2,699.50 |
Financial_Instruments_and_Fair3
Financial Instruments and Fair Value Measurements Non-Recurring Fair Value Measurements (Details) (USD $) | 12 Months Ended | 12 Months Ended | 12 Months Ended | |||||||||||||||||||||||||
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Jun. 30, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Jun. 30, 2012 | Jun. 30, 2012 | Jun. 30, 2012 | Jun. 30, 2012 | Jun. 30, 2012 | Jun. 30, 2012 | Jun. 30, 2012 | Jun. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | |
Data Center Colocation [Member] | Data Center Colocation [Member] | Wireline [Member] | Wireline [Member] | Wireline [Member] | Wireless [Member] | Wireless [Member] | Wireless [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Leasehold Improvements [Member] | Leasehold Improvements [Member] | Leasehold Improvements [Member] | Leasehold Improvements [Member] | Network equipment [Member] | Network equipment [Member] | Network equipment [Member] | Network equipment [Member] | ||||
Data Center Colocation [Member] | Data Center Colocation [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||||||||||||||||
Data Center Colocation [Member] | Data Center Colocation [Member] | Data Center Colocation [Member] | Data Center Colocation [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Inputs, Level 3 [Member] | Wireline [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Inputs, Level 3 [Member] | ||||||||||||||||||
Data Center Colocation [Member] | Data Center Colocation [Member] | Data Center Colocation [Member] | Wireline [Member] | Wireline [Member] | Wireline [Member] | |||||||||||||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Finite-lived Intangible Assets, Fair Value Disclosure | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $2,800,000 | $0 | $0 | $2,800,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Impairment of Intangible Assets, Finite-lived | 0 | ' | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -1,500,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Property, Plant, and Equipment, Fair Value Disclosure | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,400,000 | 0 | 0 | 2,400,000 | 400,000 | 0 | 0 | 400,000 |
Other Assets, Fair Value Disclosure | ' | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Impairment of assets, excluding goodwill | 0 | -14,200,000 | -2,100,000 | 11,800,000 | ' | 0 | 500,000 | 1,000,000 | 0 | 400,000 | 1,100,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Asset Impairment Charges | 0 | -14,200,000 | -52,400,000 | -13,300,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -14,200,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fair Value Inputs, Discount Rate | ' | 12.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Property, Plant and Equipment at Carrying Value for Fair Value Measurement | ' | ' | ' | ' | $14,200,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Restructuring_Charges_Details
Restructuring Charges (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Restructuring Reserve [Roll Forward] | ' | ' | ' |
Beginning balance | $13.50 | $24 | $20.30 |
Charges | 13.7 | 3.4 | 12.2 |
Utilizations | -11.4 | -13.9 | -8.5 |
Ending balance | 15.8 | 13.5 | 24 |
Restructuring liabilities included in other current liabilities | 7.8 | 5.8 | ' |
Restructuring liabilities included in other noncurrent liabilities | 8 | 7.7 | ' |
Wireline [Member] | ' | ' | ' |
Restructuring Reserve [Roll Forward] | ' | ' | ' |
Beginning balance | 8.6 | 15.1 | 12.8 |
Charges | 9.1 | 3.5 | 7.7 |
Utilizations | -7.2 | -10 | -5.4 |
Ending balance | 10.5 | 8.6 | 15.1 |
Wireless [Member] | ' | ' | ' |
Restructuring Reserve [Roll Forward] | ' | ' | ' |
Beginning balance | 1.6 | 0.7 | 1 |
Charges | 0.2 | 1.6 | 0 |
Utilizations | -0.3 | -0.7 | -0.3 |
Ending balance | 1.5 | 1.6 | 0.7 |
IT Services and Hardware [Member] | ' | ' | ' |
Restructuring Reserve [Roll Forward] | ' | ' | ' |
Beginning balance | 0.5 | 2.5 | 1.3 |
Charges | 0.7 | -1.2 | 1.9 |
Utilizations | -0.4 | -0.8 | -0.7 |
Ending balance | 0.8 | 0.5 | 2.5 |
Data Center Colocation [Member] | ' | ' | ' |
Restructuring Reserve [Roll Forward] | ' | ' | ' |
Beginning balance | 0 | 0 | 1.4 |
Charges | 0 | 0.5 | 0 |
Utilizations | 0 | -0.5 | -1.4 |
Ending balance | 0 | 0 | 0 |
Corporate Segment [Member] | ' | ' | ' |
Restructuring Reserve [Roll Forward] | ' | ' | ' |
Beginning balance | 2.8 | 5.7 | 3.8 |
Charges | 3.7 | -1 | 2.6 |
Utilizations | -3.5 | -1.9 | -0.7 |
Ending balance | 3 | 2.8 | 5.7 |
Employee Severance [Member] | ' | ' | ' |
Restructuring Reserve [Roll Forward] | ' | ' | ' |
Beginning balance | 7.8 | 14.2 | 11.7 |
Charges | 9 | 2.5 | 8 |
Utilizations | -7.1 | -8.9 | -5.5 |
Ending balance | 9.7 | 7.8 | 14.2 |
Lease Abandonment [Member] | ' | ' | ' |
Restructuring Reserve [Roll Forward] | ' | ' | ' |
Beginning balance | 5.5 | 8.1 | 7.2 |
Charges | 4.1 | 0.9 | 2.5 |
Utilizations | -3.6 | -3.5 | -1.6 |
Ending balance | 6 | 5.5 | 8.1 |
Other Restructuring [Member] | ' | ' | ' |
Restructuring Reserve [Roll Forward] | ' | ' | ' |
Beginning balance | 0.2 | 1.7 | 1.4 |
Charges | 0.6 | 0 | 1.7 |
Utilizations | -0.7 | -1.5 | -1.4 |
Ending balance | $0.10 | $0.20 | $1.70 |
Pension_and_Postretirement_Pla2
Pension and Postretirement Plans (Details) (USD $) | 3 Months Ended | 12 Months Ended | |||
In Millions, unless otherwise specified | Sep. 30, 2013 | Jun. 30, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Defined Contribution Plan, Cost Recognized | ' | ' | $6.60 | $6.90 | $6.40 |
Reduction to pension obligation | ' | 10.3 | ' | ' | ' |
Reduction to postretirement liability | 26.1 | ' | ' | ' | ' |
Capitalized portion of defined benefit contribution percent | ' | ' | 10.00% | 11.00% | 7.00% |
Fair value of plan assets | ' | ' | 410.6 | 355.5 | ' |
Defined Benefit Plan, Amounts Recognized in Balance Sheet [Abstract] | ' | ' | ' | ' | ' |
Pension and postretirement benefit obligations (noncurrent liablity) | ' | ' | 202.7 | 362.7 | ' |
Defined Benefit Plan, Assets, Target Allocations [Abstract] | ' | ' | ' | ' | ' |
Allocation Percentage in US based Investments | ' | ' | 78.00% | ' | ' |
Amortization of: | ' | ' | ' | ' | ' |
Curtailment (gain) loss | ' | ' | -0.6 | 0 | 4.2 |
Disclosure of Expected Gross Prescription Drug Subsidy Receipts [Abstract] | ' | ' | ' | ' | ' |
2014 | ' | ' | -0.7 | ' | ' |
2015 | ' | ' | -0.6 | ' | ' |
2016 | ' | ' | -0.6 | ' | ' |
2017 | ' | ' | -0.5 | ' | ' |
2018 | ' | ' | -0.5 | ' | ' |
Years 2019 - 2023 | ' | ' | -1.9 | ' | ' |
Pension Plan, Defined Benefit [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 399.3 | 343.8 | 312.5 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases, Sales, Issuances, Settlements [Abstract] | ' | ' | ' | ' | ' |
Balance, beginning of the year | ' | ' | 27.8 | 25.5 | ' |
Realized gains, net | ' | ' | 1 | 1 | ' |
Unrealized gains, net | ' | ' | 2.7 | 1.8 | ' |
Purchases, sales, issuances and settlements, net | ' | ' | -0.7 | -0.5 | ' |
Balance, end of the year | ' | ' | 30.8 | 27.8 | 25.5 |
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Benefit Obligation [Abstract] | ' | ' | ' | ' | ' |
Discount rate | ' | ' | 4.20% | 3.30% | ' |
Expected long-term rate of return | ' | ' | 7.75% | 7.75% | ' |
Future compensation growth rate | ' | ' | 0.00% | 3.00% | ' |
Defined Benefit Plan, Amounts Recognized in Balance Sheet [Abstract] | ' | ' | ' | ' | ' |
Accrued payroll and benefits (current liability) | ' | ' | 2.1 | 1.7 | ' |
Pension and postretirement benefit obligations (noncurrent liablity) | ' | ' | 121.6 | 239.4 | ' |
Total | ' | ' | 123.7 | 241.1 | ' |
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract] | ' | ' | ' | ' | ' |
Service cost | ' | ' | 2.1 | 2.6 | 5.1 |
Interest cost on projected benefit obligation | ' | ' | 18.8 | 21.3 | 24.8 |
Expected return on plan assets | ' | ' | -25.7 | -26.1 | -29.3 |
Amortization of: | ' | ' | ' | ' | ' |
Prior service cost (benefit) | ' | ' | 0.2 | 0.1 | 0.3 |
Actuarial loss | ' | ' | 22 | 19.4 | 14.3 |
Curtailment (gain) loss | ' | ' | -0.6 | 0 | 4.2 |
Pension/postretirement costs | ' | ' | 16.8 | 17.3 | 19.4 |
Defined Benefit Plan, Estimated Future Benefit Payments [Abstract] | ' | ' | ' | ' | ' |
2014 | ' | ' | 42 | ' | ' |
2015 | ' | ' | 41 | ' | ' |
2016 | ' | ' | 41.7 | ' | ' |
2017 | ' | ' | 41.6 | ' | ' |
2018 | ' | ' | 40.7 | ' | ' |
Years 2019-2023 | ' | ' | 184.6 | ' | ' |
Other Postretirement Benefit Plan, Defined Benefit [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 11.3 | 11.7 | 12.1 |
Pension and Other Postretirement Benefit Contributions [Abstract] | ' | ' | ' | ' | ' |
Estimated Future Employer Contributions in Next Fiscal Year | ' | ' | 13 | ' | ' |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases, Sales, Issuances, Settlements [Abstract] | ' | ' | ' | ' | ' |
Balance, beginning of the year | ' | ' | 11.7 | 12.1 | ' |
Realized gains, net | ' | ' | 0.4 | 0.4 | ' |
Unrealized gains, net | ' | ' | 0 | 0 | ' |
Purchases, sales, issuances and settlements, net | ' | ' | -0.8 | -0.8 | ' |
Balance, end of the year | ' | ' | 11.3 | 11.7 | 12.1 |
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Benefit Obligation [Abstract] | ' | ' | ' | ' | ' |
Discount rate | ' | ' | 4.10% | 3.10% | ' |
Expected long-term rate of return | ' | ' | 0.00% | 0.00% | ' |
Future compensation growth rate | ' | ' | 0.00% | 0.00% | ' |
Defined Benefit Plan, Amounts Recognized in Balance Sheet [Abstract] | ' | ' | ' | ' | ' |
Accrued payroll and benefits (current liability) | ' | ' | 12.7 | 21.4 | ' |
Pension and postretirement benefit obligations (noncurrent liablity) | ' | ' | 77.5 | 119.3 | ' |
Total | ' | ' | 90.2 | 140.7 | ' |
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract] | ' | ' | ' | ' | ' |
Service cost | ' | ' | 0.4 | 0.5 | 0.3 |
Interest cost on projected benefit obligation | ' | ' | 4 | 5.6 | 7.1 |
Expected return on plan assets | ' | ' | 0 | 0 | 0 |
Amortization of: | ' | ' | ' | ' | ' |
Prior service cost (benefit) | ' | ' | -14.1 | -13.2 | -13.2 |
Actuarial loss | ' | ' | 5.6 | 6.8 | 6.5 |
Curtailment (gain) loss | ' | ' | 0 | 0 | 0 |
Pension/postretirement costs | ' | ' | -4.1 | -0.3 | 0.7 |
Defined Benefit Plan, Estimated Future Benefit Payments [Abstract] | ' | ' | ' | ' | ' |
2014 | ' | ' | 13.4 | ' | ' |
2015 | ' | ' | 12.3 | ' | ' |
2016 | ' | ' | 11.1 | ' | ' |
2017 | ' | ' | 10 | ' | ' |
2018 | ' | ' | 9 | ' | ' |
Years 2019-2023 | ' | ' | 32.3 | ' | ' |
Pension Plan Qualified [Member] | ' | ' | ' | ' | ' |
Pension and Other Postretirement Benefit Contributions [Abstract] | ' | ' | ' | ' | ' |
Pension benefit contributions | ' | ' | 42.1 | 23.9 | 18.1 |
Estimated Future Employer Contributions in Next Fiscal Year | ' | ' | 33 | ' | ' |
Pension Plan Non-Qualified [Member] | ' | ' | ' | ' | ' |
Pension and Other Postretirement Benefit Contributions [Abstract] | ' | ' | ' | ' | ' |
Pension benefit contributions | ' | ' | 2.9 | 2 | 2 |
Estimated Future Employer Contributions in Next Fiscal Year | ' | ' | 2 | ' | ' |
Equity Securities [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan, Assets, Target Allocations [Abstract] | ' | ' | ' | ' | ' |
Target allocation percentage of assets, equity securities | ' | ' | 61.00% | ' | ' |
Fixed Income Securities [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan, Assets, Target Allocations [Abstract] | ' | ' | ' | ' | ' |
Target allocation percentage of assets, equity securities | ' | ' | 33.00% | ' | ' |
Equity Funds [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 201.4 | 163.3 | ' |
Equity Index Funds International [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 57 | 49.8 | ' |
Fixed Income Funds [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 109.8 | 102.9 | ' |
Money Market Funds [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 0.3 | ' | ' |
Real Estate Funds [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 30.8 | 27.8 | ' |
Defined Benefit Plan, Assets, Target Allocations [Abstract] | ' | ' | ' | ' | ' |
Target allocation percentage of assets, equity securities | ' | ' | 6.00% | ' | ' |
Insurance Contract, Rights and Obligations [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 11.3 | 11.7 | ' |
Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 368.5 | 316 | ' |
Fair Value, Inputs, Level 1 [Member] | Equity Funds [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 201.4 | 163.3 | ' |
Fair Value, Inputs, Level 1 [Member] | Equity Index Funds International [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 57 | 49.8 | ' |
Fair Value, Inputs, Level 1 [Member] | Fixed Income Funds [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 109.8 | 102.9 | ' |
Fair Value, Inputs, Level 1 [Member] | Money Market Funds [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 0.3 | ' | ' |
Fair Value, Inputs, Level 1 [Member] | Real Estate Funds [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 0 | 0 | ' |
Fair Value, Inputs, Level 1 [Member] | Insurance Contract, Rights and Obligations [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 0 | 0 | ' |
Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 0 | 0 | ' |
Fair Value, Inputs, Level 2 [Member] | Equity Funds [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 0 | 0 | ' |
Fair Value, Inputs, Level 2 [Member] | Equity Index Funds International [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 0 | 0 | ' |
Fair Value, Inputs, Level 2 [Member] | Fixed Income Funds [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 0 | 0 | ' |
Fair Value, Inputs, Level 2 [Member] | Money Market Funds [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 0 | ' | ' |
Fair Value, Inputs, Level 2 [Member] | Real Estate Funds [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 0 | 0 | ' |
Fair Value, Inputs, Level 2 [Member] | Insurance Contract, Rights and Obligations [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 0 | 0 | ' |
Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 42.1 | 39.5 | ' |
Fair Value, Inputs, Level 3 [Member] | Equity Funds [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 0 | 0 | ' |
Fair Value, Inputs, Level 3 [Member] | Equity Index Funds International [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 0 | 0 | ' |
Fair Value, Inputs, Level 3 [Member] | Fixed Income Funds [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 0 | 0 | ' |
Fair Value, Inputs, Level 3 [Member] | Money Market Funds [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 0 | ' | ' |
Fair Value, Inputs, Level 3 [Member] | Real Estate Funds [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | 30.8 | 27.8 | ' |
Fair Value, Inputs, Level 3 [Member] | Insurance Contract, Rights and Obligations [Member] | ' | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' | ' |
Fair value of plan assets | ' | ' | $11.30 | $11.70 | ' |
Pension_and_Postretirement_Pla3
Pension and Postretirement Plans Pension and Postretirement Assumptions (Details) (USD $) | 12 Months Ended | |||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | |
Defined Benefit Plan, Assumed Health Care Cost Trend Rates [Abstract] | ' | ' | ' | |
Healthcare cost trend | 6.50% | 6.50% | ' | |
Rate to which the cost trend is assumed to decline (ultimate trend rate) | 4.50% | 4.50% | ' | |
Year the rates reach the ultimate trend rate | '2017 | '2016 | ' | |
Defined Benefit Plan, Effect of One-Percentage Point Change in Assumed Health Care Cost Trend Rates [Abstract] | ' | ' | ' | |
Service and interest costs for 2013 | 0.2 | ' | ' | |
Service and interest costs for 2013 | -0.2 | ' | ' | |
Postretirement benefit obligation at December 31, 2013 | 4.7 | ' | ' | |
Postretirement benefit obligation at December 31, 2013 | -4.2 | ' | ' | |
Pension Plan, Defined Benefit [Member] | ' | ' | ' | |
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract] | ' | ' | ' | |
Discount rate | 3.30% | [1] | 3.90% | 4.90% |
Expected long-term rate of return | 7.75% | 7.75% | 8.25% | |
Future compensation growth rate | 3.00% | 3.00% | 3.00% | |
Other Postretirement Benefit Plan, Defined Benefit [Member] | ' | ' | ' | |
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract] | ' | ' | ' | |
Discount rate | 3.40% | [2] | 3.60% | 4.50% |
Expected long-term rate of return | 0.00% | 0.00% | 0.00% | |
Future compensation growth rate | 0.00% | 0.00% | 0.00% | |
Discount rate before remeasurement of pension or postretirement liability [Member] | Other Postretirement Benefit Plan, Defined Benefit [Member] | ' | ' | ' | |
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract] | ' | ' | ' | |
Discount rate | 3.10% | [2] | ' | ' |
Discount rate after remeasurement of pension or postretirement liability [Member] | Other Postretirement Benefit Plan, Defined Benefit [Member] | ' | ' | ' | |
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract] | ' | ' | ' | |
Discount rate | 3.90% | [2] | ' | ' |
[1] | Discount rate used for the remeasurement of the management pension plan was consistent with the discount rate previously established. | |||
[2] | For the period January 1, 2013 through July 31, 2013, the date of the remeasurement, we used a 3.10% discount rate. From that date through the end of the year, we used a 3.90% discount rate. |
Pension_and_Postretirement_Pla4
Pension and Postretirement Plans Projected Benefit Obligation (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward] | ' | ' | ' |
Fair value of plan assets at December 31, | $410.60 | $355.50 | ' |
Pension Plan, Defined Benefit [Member] | ' | ' | ' |
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward] | ' | ' | ' |
Benefit obligation at January 1, | 584.9 | 569.2 | ' |
Service cost | 2.1 | 2.6 | 5.1 |
Interest Cost | 18.8 | 21.3 | 24.8 |
Prior service credit | 0 | 0 | ' |
Actuarial (gain) loss | -38.2 | 30.6 | ' |
Benefits paid | -44.6 | -38.8 | ' |
Retiree drug subsidy received | 0 | 0 | ' |
Early retiree subsidy refunded | 0 | 0 | ' |
Other | 0 | 0 | ' |
Benefit obligation at December 31, | 523 | 584.9 | 569.2 |
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward] | ' | ' | ' |
Fair value of plan assets at January 1, | 343.8 | 312.5 | ' |
Actual return on plan assets | 55.1 | 44.2 | ' |
Employer contributions | 45 | 25.9 | ' |
Retiree drug subsidy received | 0 | 0 | ' |
Early retiree subsidy refunded | 0 | 0 | ' |
Benefits paid | -44.6 | -38.8 | ' |
Fair value of plan assets at December 31, | 399.3 | 343.8 | 312.5 |
Unfunded status | -123.7 | -241.1 | ' |
Other Postretirement Benefit Plan, Defined Benefit [Member] | ' | ' | ' |
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward] | ' | ' | ' |
Benefit obligation at January 1, | 152.4 | 164.9 | ' |
Service cost | 0.4 | 0.5 | 0.3 |
Interest Cost | 4 | 5.6 | 7.1 |
Prior service credit | -17.4 | 0 | ' |
Actuarial (gain) loss | -19.6 | 2.2 | ' |
Benefits paid | -23.9 | -26 | ' |
Retiree drug subsidy received | 0.5 | 0.6 | ' |
Early retiree subsidy refunded | 0 | -0.1 | ' |
Other | 5.1 | 4.7 | ' |
Benefit obligation at December 31, | 101.5 | 152.4 | 164.9 |
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward] | ' | ' | ' |
Fair value of plan assets at January 1, | 11.7 | 12.1 | ' |
Actual return on plan assets | 0.4 | 0.4 | ' |
Employer contributions | 22.6 | 24.7 | ' |
Retiree drug subsidy received | 0.5 | 0.6 | ' |
Early retiree subsidy refunded | 0 | -0.1 | ' |
Benefits paid | -23.9 | -26 | ' |
Fair value of plan assets at December 31, | 11.3 | 11.7 | 12.1 |
Unfunded status | ($90.20) | ($140.70) | ' |
Pension_and_Postretirement_Pla5
Pension and Postretirement Plans Comprehensive Income (Details) (USD $) | 12 Months Ended | |
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 |
Pension Plan, Defined Benefit [Member] | ' | ' |
Prior service cost recognized: | ' | ' |
Reclassification adjustments | ($0.40) | $0.10 |
Prior service credit | 0 | 0 |
Actuarial loss recognized: | ' | ' |
Reclassification adjustments | 22 | 19.4 |
Actuarial loss arising during the period | 67.5 | -12.5 |
Pension and Other Postretirement Benefit Plans, Amounts that Will be Amortized from Accumulated Other Comprehensive Income (Loss) in Next Fiscal Year [Abstract] | ' | ' |
Prior service cost (benefit) | 0.2 | ' |
Actuarial loss | 16.7 | ' |
Total | 16.9 | ' |
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] | ' | ' |
Prior service (cost) benefit, net of tax of $0.3, $0.2, $(26.8), $(26.0) | -0.6 | -0.3 |
Actuarial loss, net of tax of $77.2, $109.0, $26.6, $35.6 | -134.8 | -192.5 |
Total | -135.4 | -192.8 |
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Tax Effect [Abstract] | ' | ' |
Pension and Other Postretirement Benefit Plans, Accumulated Other Comprehensive Income (Loss), Prior Service (Cost) Benefit, Tax Effect | 0.3 | 0.2 |
Pension and Other Postretirement Benefit Plans, Accumulated Other Comprehensive Income (Loss), Net Gains (Losses), Tax Effect | 77.2 | 109 |
Other Postretirement Benefit Plan, Defined Benefit [Member] | ' | ' |
Prior service cost recognized: | ' | ' |
Reclassification adjustments | -14.1 | -13.2 |
Prior service credit | 17.4 | 0 |
Actuarial loss recognized: | ' | ' |
Reclassification adjustments | 5.6 | 6.8 |
Actuarial loss arising during the period | 20 | -1.8 |
Pension and Other Postretirement Benefit Plans, Amounts that Will be Amortized from Accumulated Other Comprehensive Income (Loss) in Next Fiscal Year [Abstract] | ' | ' |
Prior service cost (benefit) | -15.4 | ' |
Actuarial loss | 5.2 | ' |
Total | -10.2 | ' |
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] | ' | ' |
Prior service (cost) benefit, net of tax of $0.3, $0.2, $(26.8), $(26.0) | 48.4 | 45.9 |
Actuarial loss, net of tax of $77.2, $109.0, $26.6, $35.6 | -46.1 | -62.7 |
Total | 2.3 | -16.8 |
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Tax Effect [Abstract] | ' | ' |
Pension and Other Postretirement Benefit Plans, Accumulated Other Comprehensive Income (Loss), Prior Service (Cost) Benefit, Tax Effect | -26.8 | -26 |
Pension and Other Postretirement Benefit Plans, Accumulated Other Comprehensive Income (Loss), Net Gains (Losses), Tax Effect | $26.60 | $35.60 |
Shareowners_Deficit_Details
Shareowners' Deficit (Details) (USD $) | 3 Months Ended | 12 Months Ended | |||
In Millions, except Share data, unless otherwise specified | Mar. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Mar. 31, 2003 |
Class of Stock [Line Items] | ' | ' | ' | ' | ' |
Common Stock, Par or Stated Value Per Share | ' | $0.01 | $0.01 | ' | ' |
Common Stock, Shares, Outstanding | ' | 208,165,275 | 202,468,710 | ' | ' |
Stock Repurchase Program, Authorized Amount | ' | $150 | ' | ' | ' |
Repurchase and retirement of shares | ' | 0 | -100,000 | ' | ' |
Treasury Stock, Shares, Acquired | ' | ' | 0 | 3,400,000 | ' |
Treasury Stock, Value, Acquired, Cost Method | ' | ' | ' | 10.8 | ' |
Stock Repurchase Program, Remaining Authorized Repurchase Amount | ' | 129.2 | ' | ' | ' |
Treasury Stock, Shares | ' | 500,000 | 500,000 | ' | ' |
Treasury Stock, Value | ' | 2 | 2 | ' | ' |
Preferred Stock, Shares Authorized | ' | 2,357,299 | 2,357,299 | ' | ' |
Preferred Stock, Shares Issued | ' | 155,250 | 155,250 | ' | ' |
Preferred Stock, Depositary Shares | ' | 3,105,000 | 3,105,000 | ' | ' |
Preferred Stock Converstion Rate | ' | 1.44 | ' | ' | ' |
Preferred Stock, Dividends, Per Share, Cash Paid | ' | $67.50 | ' | ' | ' |
Preferred stock dividends per depositary share | ' | $3.38 | ' | ' | ' |
Preferred Stock, Liquidation Preference Per Share | ' | $1,000 | $1,000 | ' | ' |
Preferred Stock Liquidation Preference Per Depositary Share | ' | $50 | $50 | ' | ' |
Preferred Stock Dividends and Other Adjustments | ' | 10.4 | 10.4 | 10.4 | ' |
Class of Warrant or Right, Outstanding | ' | 0 | ' | ' | 17,500,000 |
Class of Warrant or Right, Exercise Price of Warrants or Rights | 3 | ' | ' | ' | ' |
Warrants exercised | 14,300,000 | ' | 3,200,000 | 0 | ' |
Stock Issued During Period, Shares, Conversion of Convertible Securities | 4,400,000 | ' | ' | ' | ' |
Proceeds from Warrant Exercises | $5.10 | ' | $0.10 | ' | ' |
Warrants exercised, cash basis | 1,700,000 | ' | ' | ' | ' |
Common Stock [Member] | ' | ' | ' | ' | ' |
Class of Stock [Line Items] | ' | ' | ' | ' | ' |
Stock Issued During Period, Shares, Conversion of Convertible Securities | ' | ' | 1,500,000 | ' | ' |
Preferred Voting Stock [Member] | ' | ' | ' | ' | ' |
Class of Stock [Line Items] | ' | ' | ' | ' | ' |
Preferred Stock, Shares Authorized | ' | 1,357,299 | ' | ' | ' |
Nonvoting Preferred Stock [Member] | ' | ' | ' | ' | ' |
Class of Stock [Line Items] | ' | ' | ' | ' | ' |
Preferred Stock, Shares Authorized | ' | 1,000,000 | ' | ' | ' |
Common Stock [Member] | ' | ' | ' | ' | ' |
Class of Stock [Line Items] | ' | ' | ' | ' | ' |
Repurchase and retirement of shares | ' | ' | ' | 3,300,000 | ' |
Stock Issued During Period, Shares, Conversion of Convertible Securities | ' | 4,400,000 | 1,500,000 | ' | ' |
Shareowners_Deficit_Accumulate
Shareowners' Deficit Accumulated Other Comprehensive Loss (Details) (USD $) | 12 Months Ended | |||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | |
Changes in Accumulated Other Comprehensive Loss by Component [Roll Forward] | ' | ' | ' | |
Beginning balance | ($209.70) | ' | ' | |
Foreign currency loss | -0.1 | 0 | -0.1 | |
Remeasurement of benefit obligations | 56.8 | -9.2 | -56.5 | |
Net prior service credit | 11.3 | 0 | 0 | |
Reclassifications, net | 8.4 | ' | ' | |
Ending balance | -133.3 | -209.7 | ' | |
Accumulated Translation Adjustment [Member] | ' | ' | ' | |
Changes in Accumulated Other Comprehensive Loss by Component [Roll Forward] | ' | ' | ' | |
Beginning balance | -0.1 | ' | ' | |
Foreign currency loss | -0.1 | ' | ' | |
Remeasurement of benefit obligations | 0 | ' | ' | |
Net prior service credit | 0 | ' | ' | |
Reclassifications, net | 0 | ' | ' | |
Ending balance | -0.2 | ' | ' | |
Accumulated Defined Benefit Plans Adjustment [Member] | ' | ' | ' | |
Changes in Accumulated Other Comprehensive Loss by Component [Roll Forward] | ' | ' | ' | |
Beginning balance | -209.6 | ' | ' | |
Foreign currency loss | 0 | ' | ' | |
Remeasurement of benefit obligations | 56.8 | ' | ' | |
Net prior service credit | 11.3 | ' | ' | |
Reclassifications, net | 8.4 | [1] | ' | ' |
Ending balance | ($133.10) | ' | ' | |
[1] | These reclassifications are included in the components of net period pension and postretirement benefit costs (see Note 11 for additional details). The components of net period pension and postretirement benefit cost are reported within "Cost of services", "Cost of products sold", and "Selling, general and administrative" expenses on the Consolidated Statements of Operations. |
Income_Taxes_Details
Income Taxes (Details) (USD $) | 12 Months Ended | ||
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | |
Deferred tax assets: | ' | ' | ' |
Net operating loss carryforwards | $452,300,000 | $410,800,000 | ' |
Pension and postretirement benefits | 81,900,000 | 144,600,000 | ' |
Equity method investment in CyrusOne | 41,500,000 | 0 | ' |
Other | 63,200,000 | 69,900,000 | ' |
Total deferred tax assets | 638,900,000 | 625,300,000 | ' |
Valuation allowance | -68,300,000 | -56,800,000 | ' |
Total deferred tax assets, net of valuation allowance | 570,600,000 | 568,500,000 | ' |
Deferred tax liabilities: | ' | ' | ' |
Property, plant and equipment | 171,800,000 | 125,100,000 | ' |
Federal deferred liability on state deferred tax assets | 3,500,000 | 7,200,000 | ' |
Other | 300,000 | 1,600,000 | ' |
Total deferred tax liabilities | 175,600,000 | 133,900,000 | ' |
Net deferred tax assets | 395,000,000 | 434,600,000 | ' |
Deferred Tax Assets, Operating Loss Carryforwards, Components [Abstract] | ' | ' | ' |
Federal tax operating loss carryforwards | 1,100,000,000 | ' | ' |
Federal tax operating loss carryforwards, deferred tax asset value | 388,400,000 | ' | ' |
Deferred Tax Assets, Tax Credit Carryforwards, Alternative Minimum Tax | 16,500,000 | ' | ' |
State tax credits | 11,100,000 | ' | ' |
Deferred Tax Assets, Operating Loss Carryforwards, Foreign, State and Local Tax | 63,900,000 | ' | ' |
Effective Income Tax Rate Reconciliation, Percent [Abstract] | ' | ' | ' |
U.S. federal statutory rate | 35.00% | 35.00% | 35.00% |
State and local income taxes, net of federal income tax | 1.50% | 3.90% | 2.90% |
Change in valuation allowance, net of federal income tax | -15.80% | -2.30% | -4.40% |
State net operating loss adjustments | 2.70% | 3.70% | 2.70% |
Nondeductible interest expense | -11.40% | 18.10% | 15.00% |
Unrecognized tax benefit changes | -2.10% | 2.20% | 2.80% |
Nondeductible compensation | -2.50% | 2.70% | 2.10% |
Foreign | -0.70% | 3.50% | 0.10% |
Other differences, net | -2.30% | 2.00% | 1.10% |
Effective tax rate | 4.40% | 68.80% | 57.30% |
Current: | ' | ' | ' |
Federal | 0 | 1,800,000 | 0 |
State and local | 0 | 1,600,000 | 400,000 |
Total current | 0 | 3,400,000 | 400,000 |
Investment tax credits | -200,000 | -300,000 | -300,000 |
Deferred: | ' | ' | ' |
Federal | -13,000,000 | 21,800,000 | 24,300,000 |
State and local | -3,700,000 | 2,000,000 | 3,400,000 |
Foreign | 300,000 | -500,000 | 100,000 |
Total deferred | -16,400,000 | 23,300,000 | 27,800,000 |
Valuation allowance | 14,100,000 | -1,700,000 | -2,900,000 |
Total | -2,500,000 | 24,700,000 | 25,000,000 |
Income Tax Provision (Benefit) Charged to Continuing Operations, Accumulated Other Comprehensive Income (Loss) or Additional Paid-In Capital [Abstract] | ' | ' | ' |
Income tax expense (benefit) | -2,500,000 | 24,700,000 | 25,000,000 |
Accumulated other comprehensive income (loss) | 42,100,000 | -400,000 | -26,500,000 |
Excess tax benefits on stock option exercises | -500,000 | -2,400,000 | 0 |
Income Tax Uncertainties [Abstract] | ' | ' | ' |
Unrecognized Tax Benefits that Would Impact Effective Tax Rate | 23,500,000 | 22,300,000 | ' |
Balance, beginning of year | 22,800,000 | 21,800,000 | 20,500,000 |
Change in tax positions for the current year | 1,300,000 | 1,400,000 | 1,300,000 |
Change in tax positions for prior years | 0 | -400,000 | 0 |
Balance, end of year | $24,100,000 | $22,800,000 | $21,800,000 |
Maximum [Member] | ' | ' | ' |
Operating Loss Carryforwards [Line Items] | ' | ' | ' |
Operating Loss Carryforwards, Expiration Date | 31-Dec-23 | ' | ' |
Minimum [Member] | ' | ' | ' |
Operating Loss Carryforwards [Line Items] | ' | ' | ' |
Operating Loss Carryforwards, Expiration Date | 31-Dec-21 | ' | ' |
StockBased_Compensation_Plans_1
Stock-Based Compensation Plans Stock-Based Compensation Options & SARs (Details) | 12 Months Ended |
Dec. 31, 2013 | |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period | '10 years 0 months 0 days |
Stock Options and Stock Appreciation Rights [Member] | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | '3 years 0 months 0 days |
StockBased_Compensation_Plans_2
Stock-Based Compensation Plans (Details) (USD $) | 12 Months Ended | ||
In Millions, except Share data, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Number of Shares Authorized | 19,000,000 | ' | ' |
Number of Shares Available for Grant | 3,800,000 | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward] | ' | ' | ' |
Granted | $1.84 | $1.32 | $0 |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract] | ' | ' | ' |
Compensation expense for the year | $4.90 | $5.20 | $4.10 |
Cash received from awards exercised | 7.1 | 12.1 | 0.4 |
Intrinsic Value of awards outstanding | 2.2 | ' | ' |
Intrinsic Value of awards exercisable | 2.1 | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term | '4 years | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term | '4 years | ' | ' |
Phantom Shares Annual Grant | 0 | ' | 6,000 |
Deferred Compensation Plans, Years of Service Required for Full Vesting | 'five | ' | ' |
Stock Options and Stock Appreciation Rights [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward] | ' | ' | ' |
Outstanding at January 1, | 9,538,000 | 14,152,000 | 17,816,000 |
Outstanding at January 1, | $4.04 | $3.70 | $5.55 |
Granted | 595,000 | 994,000 | 0 |
Granted | $4.75 | $3.41 | $0 |
Exercised | -804,000 | -4,854,000 | -292,000 |
Exercised | $2.41 | $2.80 | $1.74 |
Forfeited | 361,000 | -6,000 | -261,000 |
Forfeited | $3.39 | $2.91 | $3.22 |
Expired | -2,840,000 | -748,000 | -3,111,000 |
Expired | $5.56 | $4.87 | $14.48 |
Outstanding at December 31, | 6,128,000 | 9,538,000 | 14,152,000 |
Outstanding at December 31, | $3.66 | $4.04 | $3.70 |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract] | ' | ' | ' |
Expected to vest at December 31, | 6,128,000 | 9,538,000 | 14,152,000 |
Expected to vest at December 31, | $3.66 | $4.04 | $3.70 |
Exercisable at December 31, | 5,064,000 | 8,486,000 | 13,047,000 |
Exercisable at December 31, | $3.61 | $4.13 | $3.73 |
Compensation expense for the year | 0.6 | 1.1 | 0.9 |
Tax benefit related to compensation expense | -0.2 | -0.4 | -0.3 |
Intrinsic value of awards exercised | 1.2 | 10.6 | 0.4 |
Cash received from awards exercised | 2.4 | 5.5 | 0.4 |
Grant date fair value of awards vested | 0.4 | 0.5 | 2.1 |
Unrecognized Compensation | 0.1 | ' | ' |
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition | '1 year | ' | ' |
Performance Based Awards [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract] | ' | ' | ' |
Compensation expense for the year | 2.6 | 2.7 | 2.4 |
Tax benefit related to compensation expense | -1 | -1 | -0.9 |
Unrecognized Compensation | 1.6 | ' | ' |
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition | '2 years | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | 1,067,000 | 808,000 | 998,000 |
Restricted Stock [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract] | ' | ' | ' |
Compensation expense for the year | 1.7 | 1.5 | 0.8 |
Tax benefit related to compensation expense | -0.6 | -0.6 | -0.3 |
Unrecognized Compensation | 1.7 | ' | ' |
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition | '1 year | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | 279,000 | 725,000 | 711,000 |
Stock Appreciation Rights (SARs) [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward] | ' | ' | ' |
Granted | ' | ' | $1.18 |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract] | ' | ' | ' |
Unrecognized Compensation | 0.1 | ' | ' |
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition | '1 year | ' | ' |
Aggregate intrinsic value, cash settled and other awards, outstanding | 0.9 | ' | ' |
Aggregate intrinsic value, cash settled and other awards, exercisable | 0.9 | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | ' | 531,000 | 789,000 |
Performance Based Cash Unit Award [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract] | ' | ' | ' |
Compensation expense for the year | -0.2 | 4.4 | 1.8 |
Deferred Compensation, Share-based Payments [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract] | ' | ' | ' |
Deferred Compensation,Total Shares Deferred | 700,000 | 700,000 | ' |
Deferred Compensation, Compensation Expense | ($1.40) | $1.80 | $0.30 |
StockBased_Compensation_Plans_3
Stock-Based Compensation Plans Oustanding and Exercisable Awards (Details) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
In Thousands, except Per Share data, unless otherwise specified | ||||
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | ' | ' | ' | ' |
Outstanding Shares | 6,128 | ' | ' | ' |
Exercisable Shares | 5,064 | ' | ' | ' |
$1.39 to $2.91 [Member] | ' | ' | ' | ' |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | ' | ' | ' | ' |
Outstanding Shares | 1,321 | ' | ' | ' |
Outstanding Weighted Average Exercise Price Per Share | $2.06 | ' | ' | ' |
Exercisable Shares | 1,321 | ' | ' | ' |
Exercisable Weighted Average Exercise Price Per Share | $2.06 | ' | ' | ' |
$3.28 to $4.00 [Member] | ' | ' | ' | ' |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | ' | ' | ' | ' |
Outstanding Shares | 2,915 | ' | ' | ' |
Outstanding Weighted Average Exercise Price Per Share | $3.66 | ' | ' | ' |
Exercisable Shares | 2,234 | ' | ' | ' |
Exercisable Weighted Average Exercise Price Per Share | $3.74 | ' | ' | ' |
$4.06 to $5.53 [Member] | ' | ' | ' | ' |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | ' | ' | ' | ' |
Outstanding Shares | 1,890 | ' | ' | ' |
Outstanding Weighted Average Exercise Price Per Share | $4.78 | ' | ' | ' |
Exercisable Shares | 1,507 | ' | ' | ' |
Exercisable Weighted Average Exercise Price Per Share | $4.79 | ' | ' | ' |
$5.65 to $6.75 [Member] | ' | ' | ' | ' |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | ' | ' | ' | ' |
Outstanding Shares | 2 | ' | ' | ' |
Outstanding Weighted Average Exercise Price Per Share | $5.66 | ' | ' | ' |
Exercisable Shares | 2 | ' | ' | ' |
Exercisable Weighted Average Exercise Price Per Share | $5.66 | ' | ' | ' |
Stock Options and Stock Appreciation Rights [Member] | ' | ' | ' | ' |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price | $3.66 | $4.04 | $3.70 | $5.55 |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price | $3.61 | $4.13 | $3.73 | ' |
StockBased_Compensation_Plans_4
Stock-Based Compensation Plans Stock Option Award Assumptions (Details) (USD $) | 12 Months Ended | ||
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Expected volatility | 43.60% | 43.50% | 0.00% |
Risk-free interest rate | 0.80% | 0.80% | 0.00% |
Expected holding period (in years) | 5 | 5 | 0 |
Expected dividends | 0.00% | 0.00% | 0.00% |
Weighted-average grant date fair value | $1.84 | $1.32 | $0 |
Stock Options and Stock Appreciation Rights [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Weighted-average grant date fair value | $4.75 | $3.41 | $0 |
Stock Appreciation Rights (SARs) [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Weighted-average grant date fair value | ' | ' | $1.18 |
StockBased_Compensation_Plans_5
Stock-Based Compensation Plans Performance Unit Awards (Details) (USD $) | 12 Months Ended | ||
In Millions, except Share data, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract] | ' | ' | ' |
Compensation expense for the year | $4.90 | $5.20 | $4.10 |
Performance Based Awards [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | '3 years | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward] | ' | ' | ' |
Non-vested at January 1, | 1,687,000 | 1,839,000 | 2,641,000 |
Non-vested at January 1, | $3.13 | $2.90 | $3.25 |
Granted | 1,067,000 | 808,000 | 998,000 |
Granted | $4.56 | $3.40 | $2.85 |
Vested | -703,000 | -552,000 | -479,000 |
Vested | $3.07 | $2.85 | $2.84 |
Forfeited | -514,000 | -408,000 | -1,321,000 |
Forfeited | $3.67 | $2.79 | $3.91 |
Non-vested at December 31, | 1,537,000 | 1,687,000 | 1,839,000 |
Non-vested at December 31, | $3.97 | $3.13 | $2.90 |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract] | ' | ' | ' |
Compensation expense for the year | 2.6 | 2.7 | 2.4 |
Tax benefit related to compensation expense | -1 | -1 | -0.9 |
Grant date fair value of awards vested | 2.2 | 1.6 | 1.4 |
Unrecognized Compensation | 1.6 | ' | ' |
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition | '2 years | ' | ' |
Stock Appreciation Rights (SARs) [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward] | ' | ' | ' |
Granted | ' | 531,000 | 789,000 |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract] | ' | ' | ' |
Unrecognized Compensation | 0.1 | ' | ' |
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition | '1 year | ' | ' |
Fair Value of Grants in Period | ' | 0.8 | 0.9 |
Performance Based Cash Unit Award [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract] | ' | ' | ' |
Compensation expense for the year | -0.2 | 4.4 | 1.8 |
Fair Value of Grants in Period | ' | $2.30 | $1 |
StockBased_Compensation_Plans_6
Stock-Based Compensation Plans Time Based Restricted Shares (Details) (USD $) | 12 Months Ended | ||
In Millions, except Share data, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract] | ' | ' | ' |
Compensation expense for the year | $4.90 | $5.20 | $4.10 |
Restricted Stock [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | '3 years | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward] | ' | ' | ' |
Non-vested at January 1, | 1,298,000 | 872,000 | 229,000 |
Non-vested at January 1, | $3.11 | $2.89 | $3.36 |
Granted | 279,000 | 725,000 | 711,000 |
Granted | $4.72 | $3.26 | $2.85 |
Vested | -454,000 | -299,000 | -45,000 |
Vested | $3.03 | $2.83 | $4.69 |
Forfeited | 79,000 | 0 | -23,000 |
Forfeited | $3.40 | $0 | $3.03 |
Non-vested at December 31, | 1,044,000 | 1,298,000 | 872,000 |
Non-vested at December 31, | $3.55 | $3.11 | $2.89 |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract] | ' | ' | ' |
Compensation expense for the year | 1.7 | 1.5 | 0.8 |
Tax benefit related to compensation expense | -0.6 | -0.6 | -0.3 |
Grant date fair value of awards vested | 1.4 | 0.8 | 0.2 |
Unrecognized Compensation | 1.7 | ' | ' |
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition | '1 year | ' | ' |
Performance Based Cash Unit Award [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract] | ' | ' | ' |
Compensation expense for the year | ($0.20) | $4.40 | $1.80 |
Business_Segment_Information_D
Business Segment Information (Details) (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | |
Segment Reporting [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | $308,400,000 | $310,800,000 | $312,000,000 | $325,700,000 | $374,700,000 | $368,200,000 | $368,200,000 | $362,800,000 | $1,256,900,000 | $1,473,900,000 | $1,462,400,000 |
Operating income (loss) | 40,100,000 | 57,700,000 | 46,800,000 | 19,200,000 | 57,900,000 | 66,000,000 | 65,200,000 | 81,000,000 | 163,800,000 | 270,100,000 | 259,500,000 |
Expenditures for long-lived assets | ' | ' | ' | ' | ' | ' | ' | ' | -196,900,000 | -367,200,000 | -255,500,000 |
Depreciation and amortization | ' | ' | ' | ' | ' | ' | ' | ' | 169,600,000 | 217,400,000 | 199,500,000 |
Assets | 2,107,300,000 | ' | ' | ' | 2,872,400,000 | ' | ' | ' | 2,107,300,000 | 2,872,400,000 | ' |
Service revenue | ' | ' | ' | ' | ' | ' | ' | ' | 1,039,300,000 | 1,272,800,000 | 1,250,800,000 |
Product revenue | ' | ' | ' | ' | ' | ' | ' | ' | 217,600,000 | 201,100,000 | 211,600,000 |
Segment Reporting Information, Additional Information [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of Operating Segments | 3 | ' | ' | 4 | ' | ' | ' | ' | ' | ' | ' |
Restructuring charges | ' | ' | ' | ' | ' | ' | ' | ' | 13,700,000 | 3,400,000 | 12,200,000 |
Curtailment (gain) loss | ' | ' | ' | ' | ' | ' | ' | ' | -600,000 | 0 | 4,200,000 |
Loss (gain) on sale of assets | ' | ' | ' | ' | ' | ' | ' | ' | 2,400,000 | -1,600,000 | -8,400,000 |
Impairment of assets, excluding goodwill | ' | ' | ' | ' | ' | ' | ' | ' | 0 | -14,200,000 | -2,100,000 |
Impairment of goodwill | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 50,300,000 |
Loss from CyrusOne equity method investment | ' | ' | ' | ' | ' | ' | ' | ' | -10,700,000 | 0 | 0 |
Investment in CyrusOne | 471,000,000 | ' | ' | ' | 0 | ' | ' | ' | 471,000,000 | 0 | ' |
Asset Impairment Charges | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 14,200,000 | 52,400,000 |
Transaction-related compensation | ' | ' | ' | ' | ' | ' | ' | ' | 42,600,000 | 0 | 0 |
Transaction costs | ' | ' | ' | ' | ' | ' | ' | ' | 1,600,000 | 6,300,000 | 2,600,000 |
Handsets and accessories [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Product revenue | ' | ' | ' | ' | ' | ' | ' | ' | 21,800,000 | 23,200,000 | 30,300,000 |
IT, telephony and other equipment [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Product revenue | ' | ' | ' | ' | ' | ' | ' | ' | 195,800,000 | 177,900,000 | 181,300,000 |
Wireline [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | ' | ' | ' | ' | ' | ' | ' | ' | 724,800,000 | 730,500,000 | 732,100,000 |
Operating income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 190,200,000 | 212,900,000 | 228,500,000 |
Expenditures for long-lived assets | ' | ' | ' | ' | ' | ' | ' | ' | -162,600,000 | -114,200,000 | -112,600,000 |
Depreciation and amortization | ' | ' | ' | ' | ' | ' | ' | ' | 112,200,000 | 106,000,000 | 102,400,000 |
Assets | 780,800,000 | ' | ' | ' | 723,700,000 | ' | ' | ' | 780,800,000 | 723,700,000 | ' |
Service revenue | ' | ' | ' | ' | ' | ' | ' | ' | 702,300,000 | 705,000,000 | 703,300,000 |
Segment Reporting Information, Additional Information [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Restructuring charges | ' | ' | ' | ' | ' | ' | ' | ' | 9,100,000 | 3,500,000 | 7,700,000 |
Curtailment (gain) loss | ' | ' | ' | ' | ' | ' | ' | ' | -600,000 | ' | 4,200,000 |
Loss (gain) on sale of assets | ' | ' | ' | ' | ' | ' | ' | ' | -1,100,000 | -1,800,000 | -8,400,000 |
Impairment of assets, excluding goodwill | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 500,000 | 1,000,000 |
Impairment of goodwill | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' |
Wireless [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | ' | ' | ' | ' | ' | ' | ' | ' | 201,500,000 | 241,800,000 | 277,600,000 |
Operating income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 18,200,000 | 51,200,000 | 3,300,000 |
Expenditures for long-lived assets | ' | ' | ' | ' | ' | ' | ' | ' | -16,000,000 | -15,800,000 | -17,600,000 |
Depreciation and amortization | ' | ' | ' | ' | ' | ' | ' | ' | 41,200,000 | 31,900,000 | 33,500,000 |
Assets | 247,500,000 | ' | ' | ' | 275,600,000 | ' | ' | ' | 247,500,000 | 275,600,000 | ' |
Service revenue | ' | ' | ' | ' | ' | ' | ' | ' | 183,100,000 | 222,700,000 | 250,800,000 |
Segment Reporting Information, Additional Information [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Restructuring charges | ' | ' | ' | ' | ' | ' | ' | ' | 200,000 | 1,600,000 | 0 |
Loss (gain) on sale of assets | ' | ' | ' | ' | ' | ' | ' | ' | 3,500,000 | ' | ' |
Impairment of assets, excluding goodwill | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 400,000 | 1,100,000 |
Impairment of goodwill | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 50,300,000 |
IT Services and Hardware [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | ' | ' | ' | ' | ' | ' | ' | ' | 344,100,000 | 315,700,000 | 300,500,000 |
Operating income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 8,500,000 | 10,300,000 | 9,800,000 |
Expenditures for long-lived assets | ' | ' | ' | ' | ' | ' | ' | ' | -10,600,000 | -9,000,000 | -6,800,000 |
Depreciation and amortization | ' | ' | ' | ' | ' | ' | ' | ' | 10,500,000 | 8,600,000 | 8,400,000 |
Assets | 48,900,000 | ' | ' | ' | 43,300,000 | ' | ' | ' | 48,900,000 | 43,300,000 | ' |
Service revenue | ' | ' | ' | ' | ' | ' | ' | ' | 138,700,000 | 130,200,000 | 114,100,000 |
Segment Reporting Information, Additional Information [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Restructuring charges | ' | ' | ' | ' | ' | ' | ' | ' | 700,000 | -1,200,000 | 1,900,000 |
Impairment of goodwill | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' |
Data Center Colocation [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | ' | ' | ' | ' | ' | ' | ' | ' | 15,600,000 | 221,300,000 | 184,700,000 |
Operating income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 3,200,000 | 30,400,000 | 46,400,000 |
Expenditures for long-lived assets | ' | ' | ' | ' | ' | ' | ' | ' | -7,700,000 | -228,200,000 | -118,500,000 |
Depreciation and amortization | ' | ' | ' | ' | ' | ' | ' | ' | 5,200,000 | 70,600,000 | 54,800,000 |
Assets | 0 | ' | ' | ' | 1,208,500,000 | ' | ' | ' | 0 | 1,208,500,000 | ' |
Service revenue | ' | ' | ' | ' | ' | ' | ' | ' | 15,200,000 | 214,900,000 | 182,600,000 |
Segment Reporting Information, Additional Information [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Restructuring charges | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 500,000 | 0 |
Loss (gain) on sale of assets | ' | ' | ' | ' | ' | ' | ' | ' | ' | -200,000 | ' |
Impairment of assets, excluding goodwill | ' | ' | ' | ' | ' | ' | ' | ' | ' | 11,800,000 | ' |
Impairment of goodwill | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' |
Asset Impairment Charges | ' | ' | ' | ' | ' | ' | ' | ' | ' | 13,300,000 | ' |
Corporate Segment [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Operating income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | -56,300,000 | -34,700,000 | -28,500,000 |
Depreciation and amortization | ' | ' | ' | ' | ' | ' | ' | ' | 500,000 | 300,000 | 400,000 |
Segment Reporting Information, Additional Information [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Restructuring charges | ' | ' | ' | ' | ' | ' | ' | ' | 3,700,000 | -1,000,000 | 2,600,000 |
Transaction costs | ' | ' | ' | ' | ' | ' | ' | ' | 1,600,000 | 6,300,000 | 2,600,000 |
Intersegment Eliminations [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | ' | ' | ' | ' | ' | ' | ' | ' | -29,100,000 | -35,400,000 | -32,500,000 |
Intersegment Eliminations [Member] | Wireline [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | ' | ' | ' | ' | ' | ' | ' | ' | 16,800,000 | 19,100,000 | 23,000,000 |
Intersegment Eliminations [Member] | Wireless [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | ' | ' | ' | ' | ' | ' | ' | ' | 2,300,000 | 2,300,000 | 2,300,000 |
Intersegment Eliminations [Member] | IT Services and Hardware [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | ' | ' | ' | ' | ' | ' | ' | ' | 9,600,000 | 7,600,000 | 5,100,000 |
Intersegment Eliminations [Member] | Data Center Colocation [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | ' | ' | ' | ' | ' | ' | ' | ' | 400,000 | 6,400,000 | 2,100,000 |
Intersegment Eliminations [Member] | Corporate Segment [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Assets | 1,030,100,000 | ' | ' | ' | 621,300,000 | ' | ' | ' | 1,030,100,000 | 621,300,000 | ' |
Sales [Member] | Intersegment Eliminations [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | ' | ' | ' | ' | ' | ' | ' | ' | $29,100,000 | $35,400,000 | $32,500,000 |
Supplemental_Cash_Flow_Informa2
Supplemental Cash Flow Information (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Supplemental Cash Flow Information [Abstract] | ' | ' | ' |
Capitalized interest expense | $0.60 | $2.70 | $3.50 |
Interest | 179.5 | 217.9 | 211.8 |
Income taxes, net of refunds | 2.8 | 0.1 | -1.2 |
Noncash Investing and Financing Items [Abstract] | ' | ' | ' |
Investment in CyrusOne resulting from deconsolidation | 509.7 | 0 | 0 |
Accrual of CyrusOne dividends | 7.1 | 0 | 0 |
Acquisition of property by assuming debt and other financing arrangements | 7.6 | 19.9 | 49.7 |
Acquisition of property on account | 13.3 | 30.7 | 22.8 |
Accrued CyrusOne stock issuance costs | $0 | $2.20 | $0 |
Supplemental_Guarantor_Informa4
Supplemental Guarantor Information (Details) (USD $) | 3 Months Ended | 12 Months Ended | ||||||||||
In Millions, unless otherwise specified | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | $308.40 | $310.80 | $312 | $325.70 | $374.70 | $368.20 | $368.20 | $362.80 | $1,256.90 | $1,473.90 | $1,462.40 | ' |
Operating costs and expenses | ' | ' | ' | ' | ' | ' | ' | ' | 1,093.10 | 1,203.80 | 1,202.90 | ' |
Operating income (loss) | 40.1 | 57.7 | 46.8 | 19.2 | 57.9 | 66 | 65.2 | 81 | 163.8 | 270.1 | 259.5 | ' |
Interest expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | 182 | 218.9 | 215 | ' |
Other expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | -1.3 | 1.7 | 0.9 | ' |
(Loss) income before equity in earnings of subsidiaries and income taxes | ' | ' | ' | ' | ' | ' | ' | ' | -57.2 | 35.9 | 43.6 | ' |
Income tax (benefit) expense | ' | ' | ' | ' | ' | ' | ' | ' | -2.5 | 24.7 | 25 | ' |
Net (loss) income | -28.1 | 9.3 | 0.8 | -36.7 | -9.8 | 3.9 | 4.5 | 12.6 | -54.7 | 11.2 | 18.6 | ' |
Other comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 76.4 | -0.8 | -48.9 | ' |
Total comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 21.7 | 10.4 | -30.3 | ' |
Preferred stock dividends | ' | ' | ' | ' | ' | ' | ' | ' | 10.4 | 10.4 | 10.4 | ' |
Net (loss) income applicable to common shareowners | ' | ' | ' | ' | ' | ' | ' | ' | -65.1 | 0.8 | 8.2 | ' |
Condensed Consolidating Balance Sheets [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | 4.6 | ' | ' | ' | 23.6 | ' | ' | ' | 4.6 | 23.6 | 73.7 | ' |
Other current assets | 1.6 | ' | ' | ' | 11.6 | ' | ' | ' | 1.6 | 11.6 | ' | ' |
Total current assets | 251.1 | ' | ' | ' | 303.5 | ' | ' | ' | 251.1 | 303.5 | ' | ' |
Property, plant and equipment, net | 902.8 | ' | ' | ' | 1,587.40 | ' | ' | ' | 902.8 | 1,587.40 | ' | ' |
Investment in CyrusOne | 471 | ' | ' | ' | 0 | ' | ' | ' | 471 | 0 | ' | ' |
Other noncurrent assets | 36.6 | ' | ' | ' | 86.3 | ' | ' | ' | 36.6 | 86.3 | ' | ' |
Total assets | 2,107.30 | ' | ' | ' | 2,872.40 | ' | ' | ' | 2,107.30 | 2,872.40 | ' | ' |
Current portion of long-term debt | 12.6 | ' | ' | ' | 13.4 | ' | ' | ' | 12.6 | 13.4 | ' | ' |
Accounts payable | 89.4 | ' | ' | ' | 135.6 | ' | ' | ' | 89.4 | 135.6 | ' | ' |
Other current liabilities | 36.8 | ' | ' | ' | 40.2 | ' | ' | ' | 36.8 | 40.2 | ' | ' |
Total current liabilities | 254.3 | ' | ' | ' | 355.4 | ' | ' | ' | 254.3 | 355.4 | ' | ' |
Long-term debt, less current portion | 2,252.60 | ' | ' | ' | 2,676 | ' | ' | ' | 2,252.60 | 2,676 | ' | ' |
Other noncurrent liabilities | 74.4 | ' | ' | ' | 176.5 | ' | ' | ' | 74.4 | 176.5 | ' | ' |
Total liabilities | 2,784 | ' | ' | ' | 3,570.60 | ' | ' | ' | 2,784 | 3,570.60 | ' | ' |
Shareowners' (deficit) equity | -676.7 | ' | ' | ' | -698.2 | ' | ' | ' | -676.7 | -698.2 | -715.2 | -667.8 |
Total liabilities and shareowners' equity (deficit) | 2,107.30 | ' | ' | ' | 2,872.40 | ' | ' | ' | 2,107.30 | 2,872.40 | ' | ' |
Condensed Consolidating Statements of Cash Flows [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash flows (used in) provided by operating activities | ' | ' | ' | ' | ' | ' | ' | ' | 78.8 | 212.7 | 289.9 | ' |
Capital expenditures | ' | ' | ' | ' | ' | ' | ' | ' | -196.9 | -367.2 | -255.5 | ' |
Dividends received from CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | 21.3 | 0 | 0 | ' |
Proceeds from sale of assets | ' | ' | ' | ' | ' | ' | ' | ' | 2 | 1.6 | 11.5 | ' |
Cash divested from deconsolidation of CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | -12.2 | 0 | 0 | ' |
Other investing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | -0.7 | ' |
Cash flows provided by (used in) investing activities | ' | ' | ' | ' | ' | ' | ' | ' | -185.4 | -371.8 | -244.7 | ' |
Proceeds from issuance of long-term debt | ' | ' | ' | ' | ' | ' | ' | ' | 536 | 525 | 0 | ' |
Debt issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | -6.7 | -20.9 | -0.8 | ' |
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | ' | ' | ' | ' | ' | ' | ' | ' | 94.2 | 52 | 0.4 | ' |
Repayment of debt | ' | ' | ' | ' | ' | ' | ' | ' | -530.8 | -442.4 | -11.5 | ' |
Common stock issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | 0 | -5.7 | 0 | ' |
Common stock repurchase | ' | ' | ' | ' | ' | ' | ' | ' | 0 | -0.3 | -10.4 | ' |
Proceeds from exercise of options and warrants | ' | ' | ' | ' | ' | ' | ' | ' | 7.1 | 12.1 | 0.4 | ' |
Other financing activities | ' | ' | ' | ' | ' | ' | ' | ' | -2.3 | -2.8 | -16.5 | ' |
Cash flows provided by (used in) financing activities | ' | ' | ' | ' | ' | ' | ' | ' | 87.6 | 109 | -48.8 | ' |
(Decrease) increase in cash and cash equivalents | ' | ' | ' | ' | ' | ' | ' | ' | -19 | -50.1 | -3.6 | ' |
Cash and cash equivalents at beginning of year | ' | ' | ' | 23.6 | ' | ' | ' | 73.7 | 23.6 | 73.7 | 77.3 | ' |
Cash and cash equivalents at end of year | 4.6 | ' | ' | ' | 23.6 | ' | ' | ' | 4.6 | 23.6 | 73.7 | ' |
Notes guaranteed by parent [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | ' | ' | ' | ' | ' | ' | ' | ' | 1,256.90 | 1,473.90 | 1,462.40 | ' |
Operating costs and expenses | ' | ' | ' | ' | ' | ' | ' | ' | 1,093.10 | 1,203.80 | 1,202.90 | ' |
Operating income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 163.8 | 270.1 | 259.5 | ' |
Interest expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | 182 | 218.9 | 215 | ' |
Other expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | 39 | 15.3 | 0.9 | ' |
(Loss) income before equity in earnings of subsidiaries and income taxes | ' | ' | ' | ' | ' | ' | ' | ' | -57.2 | 35.9 | 43.6 | ' |
Income tax (benefit) expense | ' | ' | ' | ' | ' | ' | ' | ' | -2.5 | 24.7 | 25 | ' |
Equity in earnings of subsidiaries, net of tax | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Net (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | -54.7 | 11.2 | 18.6 | ' |
Other comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 76.4 | -0.8 | -48.9 | ' |
Total comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 21.7 | 10.4 | -30.3 | ' |
Preferred stock dividends | ' | ' | ' | ' | ' | ' | ' | ' | 10.4 | 10.4 | 10.4 | ' |
Net (loss) income applicable to common shareowners | ' | ' | ' | ' | ' | ' | ' | ' | -65.1 | 0.8 | 8.2 | ' |
Condensed Consolidating Balance Sheets [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | 4.6 | ' | ' | ' | 23.6 | ' | ' | ' | 4.6 | 23.6 | 73.7 | ' |
Receivables, net | 154.8 | ' | ' | ' | 199 | ' | ' | ' | 154.8 | 199 | ' | ' |
Other current assets | 91.7 | ' | ' | ' | 80.9 | ' | ' | ' | 91.7 | 80.9 | ' | ' |
Total current assets | 251.1 | ' | ' | ' | 303.5 | ' | ' | ' | 251.1 | 303.5 | ' | ' |
Property, plant and equipment, net | 902.8 | ' | ' | ' | 1,587.40 | ' | ' | ' | 902.8 | 1,587.40 | ' | ' |
Investment in CyrusOne | 471 | ' | ' | ' | ' | ' | ' | ' | 471 | ' | ' | ' |
Goodwill and intangibles, net | 106.1 | ' | ' | ' | 487.4 | ' | ' | ' | 106.1 | 487.4 | ' | ' |
Investments in and advances to subsidiaries | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | ' | ' |
Other noncurrent assets | 376.3 | ' | ' | ' | 494.1 | ' | ' | ' | 376.3 | 494.1 | ' | ' |
Total assets | 2,107.30 | ' | ' | ' | 2,872.40 | ' | ' | ' | 2,107.30 | 2,872.40 | ' | ' |
Current portion of long-term debt | 12.6 | ' | ' | ' | 13.4 | ' | ' | ' | 12.6 | 13.4 | ' | ' |
Accounts payable | 89.9 | ' | ' | ' | 135.6 | ' | ' | ' | 89.9 | 135.6 | ' | ' |
Other current liabilities | 151.8 | ' | ' | ' | 206.4 | ' | ' | ' | 151.8 | 206.4 | ' | ' |
Total current liabilities | 254.3 | ' | ' | ' | 355.4 | ' | ' | ' | 254.3 | 355.4 | ' | ' |
Long-term debt, less current portion | 2,252.60 | ' | ' | ' | 2,676 | ' | ' | ' | 2,252.60 | 2,676 | ' | ' |
Other noncurrent liabilities | 277.1 | ' | ' | ' | 539.2 | ' | ' | ' | 277.1 | 539.2 | ' | ' |
Intercompany payables | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | ' | ' |
Total liabilities | 2,784 | ' | ' | ' | 3,570.60 | ' | ' | ' | 2,784 | 3,570.60 | ' | ' |
Shareowners' (deficit) equity | -676.7 | ' | ' | ' | -698.2 | ' | ' | ' | -676.7 | -698.2 | ' | ' |
Total liabilities and shareowners' equity (deficit) | 2,107.30 | ' | ' | ' | 2,872.40 | ' | ' | ' | 2,107.30 | 2,872.40 | ' | ' |
Condensed Consolidating Statements of Cash Flows [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash flows (used in) provided by operating activities | ' | ' | ' | ' | ' | ' | ' | ' | 78.8 | 212.7 | 289.9 | ' |
Capital expenditures | ' | ' | ' | ' | ' | ' | ' | ' | -196.9 | -367.2 | -255.5 | ' |
Dividends received from CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | 21.3 | ' | ' | ' |
Proceeds from sale of assets | ' | ' | ' | ' | ' | ' | ' | ' | 2 | 1.6 | 11.5 | ' |
Cash divested from deconsolidation of CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | -12.2 | ' | ' | ' |
Other investing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0.4 | -6.2 | -0.7 | ' |
Cash flows provided by (used in) investing activities | ' | ' | ' | ' | ' | ' | ' | ' | -185.4 | -371.8 | -244.7 | ' |
Proceeds from issuance of long-term debt | ' | ' | ' | ' | ' | ' | ' | ' | 536 | 525 | ' | ' |
Funding between Parent and subsidiaries, net | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Debt issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | -6.7 | -20.9 | ' | ' |
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | ' | ' | ' | ' | ' | ' | ' | ' | 94.2 | 52 | 0.4 | ' |
Repayment of debt | ' | ' | ' | ' | ' | ' | ' | ' | -530.8 | -442.4 | -11.5 | ' |
Common stock issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | ' | -5.7 | ' | ' |
Common stock repurchase | ' | ' | ' | ' | ' | ' | ' | ' | ' | -0.3 | -10.4 | ' |
Proceeds from exercise of options and warrants | ' | ' | ' | ' | ' | ' | ' | ' | 7.1 | 12.1 | ' | ' |
Other financing activities | ' | ' | ' | ' | ' | ' | ' | ' | -12.2 | -10.8 | -27.3 | ' |
Cash flows provided by (used in) financing activities | ' | ' | ' | ' | ' | ' | ' | ' | 87.6 | 109 | -48.8 | ' |
(Decrease) increase in cash and cash equivalents | ' | ' | ' | ' | ' | ' | ' | ' | -19 | -50.1 | -3.6 | ' |
Cash and cash equivalents at beginning of year | ' | ' | ' | 23.6 | ' | ' | ' | 73.7 | 23.6 | 73.7 | 77.3 | ' |
Cash and cash equivalents at end of year | 4.6 | ' | ' | ' | 23.6 | ' | ' | ' | 4.6 | 23.6 | 73.7 | ' |
Parent Company [Member] | Notes guaranteed by parent [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 3.4 | ' |
Operating costs and expenses | ' | ' | ' | ' | ' | ' | ' | ' | 55.4 | 33.9 | 23.6 | ' |
Operating income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | -55.4 | -33.9 | -20.2 | ' |
Interest expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | 164.3 | 164.8 | 161.8 | ' |
Other expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | 28.2 | 11.5 | -0.9 | ' |
(Loss) income before equity in earnings of subsidiaries and income taxes | ' | ' | ' | ' | ' | ' | ' | ' | -247.9 | -210.2 | -181.1 | ' |
Income tax (benefit) expense | ' | ' | ' | ' | ' | ' | ' | ' | -79.8 | -68.3 | -56.4 | ' |
Equity in earnings of subsidiaries, net of tax | ' | ' | ' | ' | ' | ' | ' | ' | 113.4 | 153.1 | 143.3 | ' |
Net (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | -54.7 | 11.2 | 18.6 | ' |
Other comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 76.5 | -0.8 | -48.8 | ' |
Total comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 21.8 | 10.4 | -30.2 | ' |
Preferred stock dividends | ' | ' | ' | ' | ' | ' | ' | ' | 10.4 | 10.4 | 10.4 | ' |
Net (loss) income applicable to common shareowners | ' | ' | ' | ' | ' | ' | ' | ' | -65.1 | 0.8 | 8.2 | ' |
Condensed Consolidating Balance Sheets [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | 2.1 | ' | ' | ' | 3.8 | ' | ' | ' | 2.1 | 3.8 | 69.6 | ' |
Receivables, net | 2.6 | ' | ' | ' | 1 | ' | ' | ' | 2.6 | 1 | ' | ' |
Other current assets | 4.4 | ' | ' | ' | 3.1 | ' | ' | ' | 4.4 | 3.1 | ' | ' |
Total current assets | 9.1 | ' | ' | ' | 7.9 | ' | ' | ' | 9.1 | 7.9 | ' | ' |
Property, plant and equipment, net | 0.1 | ' | ' | ' | 0.1 | ' | ' | ' | 0.1 | 0.1 | ' | ' |
Investment in CyrusOne | 0 | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' | ' |
Goodwill and intangibles, net | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | ' | ' |
Investments in and advances to subsidiaries | 1,406.60 | ' | ' | ' | 1,449.90 | ' | ' | ' | 1,406.60 | 1,449.90 | ' | ' |
Other noncurrent assets | 359.1 | ' | ' | ' | 384.6 | ' | ' | ' | 359.1 | 384.6 | ' | ' |
Total assets | 1,774.90 | ' | ' | ' | 1,842.50 | ' | ' | ' | 1,774.90 | 1,842.50 | ' | ' |
Current portion of long-term debt | 5.4 | ' | ' | ' | 0 | ' | ' | ' | 5.4 | 0 | ' | ' |
Accounts payable | 1.5 | ' | ' | ' | 1.2 | ' | ' | ' | 1.5 | 1.2 | ' | ' |
Other current liabilities | 67.7 | ' | ' | ' | 85.6 | ' | ' | ' | 67.7 | 85.6 | ' | ' |
Total current liabilities | 74.6 | ' | ' | ' | 86.8 | ' | ' | ' | 74.6 | 86.8 | ' | ' |
Long-term debt, less current portion | 1,916.10 | ' | ' | ' | 1,841.70 | ' | ' | ' | 1,916.10 | 1,841.70 | ' | ' |
Other noncurrent liabilities | 214.5 | ' | ' | ' | 383.3 | ' | ' | ' | 214.5 | 383.3 | ' | ' |
Intercompany payables | 246.4 | ' | ' | ' | 228.9 | ' | ' | ' | 246.4 | 228.9 | ' | ' |
Total liabilities | 2,451.60 | ' | ' | ' | 2,540.70 | ' | ' | ' | 2,451.60 | 2,540.70 | ' | ' |
Shareowners' (deficit) equity | -676.7 | ' | ' | ' | -698.2 | ' | ' | ' | -676.7 | -698.2 | ' | ' |
Total liabilities and shareowners' equity (deficit) | 1,774.90 | ' | ' | ' | 1,842.50 | ' | ' | ' | 1,774.90 | 1,842.50 | ' | ' |
Condensed Consolidating Statements of Cash Flows [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash flows (used in) provided by operating activities | ' | ' | ' | ' | ' | ' | ' | ' | -218.1 | -144.8 | -139.6 | ' |
Capital expenditures | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Dividends received from CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' | ' |
Proceeds from sale of assets | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 11.5 | ' |
Cash divested from deconsolidation of CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' | ' |
Other investing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | -0.7 | ' |
Cash flows provided by (used in) investing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 10.8 | ' |
Proceeds from issuance of long-term debt | ' | ' | ' | ' | ' | ' | ' | ' | 536 | 0 | ' | ' |
Funding between Parent and subsidiaries, net | ' | ' | ' | ' | ' | ' | ' | ' | 174.2 | 433.6 | 150.3 | ' |
Debt issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | -6.7 | -3.6 | ' | ' |
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | ' | ' | ' | ' | ' | ' | ' | ' | 40 | 0 | 0 | ' |
Repayment of debt | ' | ' | ' | ' | ' | ' | ' | ' | -522 | -352 | 0 | ' |
Common stock issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' |
Common stock repurchase | ' | ' | ' | ' | ' | ' | ' | ' | ' | -0.3 | -10.4 | ' |
Proceeds from exercise of options and warrants | ' | ' | ' | ' | ' | ' | ' | ' | 7.1 | 12.1 | ' | ' |
Other financing activities | ' | ' | ' | ' | ' | ' | ' | ' | -12.2 | -10.8 | -11.3 | ' |
Cash flows provided by (used in) financing activities | ' | ' | ' | ' | ' | ' | ' | ' | 216.4 | 79 | 128.6 | ' |
(Decrease) increase in cash and cash equivalents | ' | ' | ' | ' | ' | ' | ' | ' | -1.7 | -65.8 | -0.2 | ' |
Cash and cash equivalents at beginning of year | ' | ' | ' | 3.8 | ' | ' | ' | 69.6 | 3.8 | 69.6 | 69.8 | ' |
Cash and cash equivalents at end of year | 2.1 | ' | ' | ' | 3.8 | ' | ' | ' | 2.1 | 3.8 | 69.6 | ' |
Cincinnati Bell Telephone Company [Member] | Notes guaranteed by parent [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | ' | ' | ' | ' | ' | ' | ' | ' | 644.2 | 642.8 | 655.8 | ' |
Operating costs and expenses | ' | ' | ' | ' | ' | ' | ' | ' | 459.1 | 436.3 | 435.6 | ' |
Operating income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 185.1 | 206.5 | 220.2 | ' |
Interest expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | -2.7 | -1.5 | 3.4 | ' |
Other expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | 6.5 | 5.9 | 7.5 | ' |
(Loss) income before equity in earnings of subsidiaries and income taxes | ' | ' | ' | ' | ' | ' | ' | ' | 181.3 | 202.1 | 209.3 | ' |
Income tax (benefit) expense | ' | ' | ' | ' | ' | ' | ' | ' | 66.1 | 73.8 | 76 | ' |
Equity in earnings of subsidiaries, net of tax | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Net (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | 115.2 | 128.3 | 133.3 | ' |
Other comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Total comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 115.2 | 128.3 | 133.3 | ' |
Preferred stock dividends | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Net (loss) income applicable to common shareowners | ' | ' | ' | ' | ' | ' | ' | ' | 115.2 | 128.3 | 133.3 | ' |
Condensed Consolidating Balance Sheets [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | 1.8 | ' | ' | ' | 1.9 | ' | ' | ' | 1.8 | 1.9 | 1.4 | ' |
Receivables, net | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | ' | ' |
Other current assets | 24.1 | ' | ' | ' | 34.4 | ' | ' | ' | 24.1 | 34.4 | ' | ' |
Total current assets | 25.9 | ' | ' | ' | 36.3 | ' | ' | ' | 25.9 | 36.3 | ' | ' |
Property, plant and equipment, net | 706.5 | ' | ' | ' | 646.7 | ' | ' | ' | 706.5 | 646.7 | ' | ' |
Investment in CyrusOne | 0 | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' | ' |
Goodwill and intangibles, net | 2.3 | ' | ' | ' | 2.3 | ' | ' | ' | 2.3 | 2.3 | ' | ' |
Investments in and advances to subsidiaries | 247.7 | ' | ' | ' | 228.2 | ' | ' | ' | 247.7 | 228.2 | ' | ' |
Other noncurrent assets | 6.1 | ' | ' | ' | 6.3 | ' | ' | ' | 6.1 | 6.3 | ' | ' |
Total assets | 988.5 | ' | ' | ' | 919.8 | ' | ' | ' | 988.5 | 919.8 | ' | ' |
Current portion of long-term debt | 3.9 | ' | ' | ' | 3 | ' | ' | ' | 3.9 | 3 | ' | ' |
Accounts payable | 45.9 | ' | ' | ' | 61.7 | ' | ' | ' | 45.9 | 61.7 | ' | ' |
Other current liabilities | 49.4 | ' | ' | ' | 50.2 | ' | ' | ' | 49.4 | 50.2 | ' | ' |
Total current liabilities | 99.2 | ' | ' | ' | 114.9 | ' | ' | ' | 99.2 | 114.9 | ' | ' |
Long-term debt, less current portion | 141.8 | ' | ' | ' | 141.3 | ' | ' | ' | 141.8 | 141.3 | ' | ' |
Other noncurrent liabilities | 172.2 | ' | ' | ' | 138.6 | ' | ' | ' | 172.2 | 138.6 | ' | ' |
Intercompany payables | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | ' | ' |
Total liabilities | 413.2 | ' | ' | ' | 394.8 | ' | ' | ' | 413.2 | 394.8 | ' | ' |
Shareowners' (deficit) equity | 575.3 | ' | ' | ' | 525 | ' | ' | ' | 575.3 | 525 | ' | ' |
Total liabilities and shareowners' equity (deficit) | 988.5 | ' | ' | ' | 919.8 | ' | ' | ' | 988.5 | 919.8 | ' | ' |
Condensed Consolidating Statements of Cash Flows [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash flows (used in) provided by operating activities | ' | ' | ' | ' | ' | ' | ' | ' | 239 | 250.4 | 264.7 | ' |
Capital expenditures | ' | ' | ' | ' | ' | ' | ' | ' | -153.1 | -108.8 | -106.3 | ' |
Dividends received from CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' | ' |
Proceeds from sale of assets | ' | ' | ' | ' | ' | ' | ' | ' | 2 | 1.4 | 0 | ' |
Cash divested from deconsolidation of CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' | ' |
Other investing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Cash flows provided by (used in) investing activities | ' | ' | ' | ' | ' | ' | ' | ' | -151.1 | -107.4 | -106.3 | ' |
Proceeds from issuance of long-term debt | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' | ' |
Funding between Parent and subsidiaries, net | ' | ' | ' | ' | ' | ' | ' | ' | -84.3 | -66 | -156.5 | ' |
Debt issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' | ' |
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Repayment of debt | ' | ' | ' | ' | ' | ' | ' | ' | -3.7 | -76.5 | -2.3 | ' |
Common stock issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' |
Common stock repurchase | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' |
Proceeds from exercise of options and warrants | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' | ' |
Other financing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Cash flows provided by (used in) financing activities | ' | ' | ' | ' | ' | ' | ' | ' | -88 | -142.5 | -158.8 | ' |
(Decrease) increase in cash and cash equivalents | ' | ' | ' | ' | ' | ' | ' | ' | -0.1 | 0.5 | -0.4 | ' |
Cash and cash equivalents at beginning of year | ' | ' | ' | 1.9 | ' | ' | ' | 1.4 | 1.9 | 1.4 | 1.8 | ' |
Cash and cash equivalents at end of year | 1.8 | ' | ' | ' | 1.9 | ' | ' | ' | 1.8 | 1.9 | 1.4 | ' |
Non-Guarantor Subsidiaries [Member] | Notes guaranteed by parent [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | ' | ' | ' | ' | ' | ' | ' | ' | 669 | 893.3 | 860.6 | ' |
Operating costs and expenses | ' | ' | ' | ' | ' | ' | ' | ' | 634.9 | 795.8 | 801.1 | ' |
Operating income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 34.1 | 97.5 | 59.5 | ' |
Interest expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | 20.4 | 55.6 | 49.8 | ' |
Other expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | 4.3 | -2.1 | -5.7 | ' |
(Loss) income before equity in earnings of subsidiaries and income taxes | ' | ' | ' | ' | ' | ' | ' | ' | 9.4 | 44 | 15.4 | ' |
Income tax (benefit) expense | ' | ' | ' | ' | ' | ' | ' | ' | 11.2 | 19.2 | 5.4 | ' |
Equity in earnings of subsidiaries, net of tax | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Net (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | -1.8 | 24.8 | 10 | ' |
Other comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | -0.1 | 0 | -0.1 | ' |
Total comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | -1.9 | 24.8 | 9.9 | ' |
Preferred stock dividends | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Net (loss) income applicable to common shareowners | ' | ' | ' | ' | ' | ' | ' | ' | -1.8 | 24.8 | 10 | ' |
Condensed Consolidating Balance Sheets [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | 0.7 | ' | ' | ' | 17.9 | ' | ' | ' | 0.7 | 17.9 | 2.7 | ' |
Receivables, net | 152.2 | ' | ' | ' | 198 | ' | ' | ' | 152.2 | 198 | ' | ' |
Other current assets | 63.9 | ' | ' | ' | 43.8 | ' | ' | ' | 63.9 | 43.8 | ' | ' |
Total current assets | 216.8 | ' | ' | ' | 259.7 | ' | ' | ' | 216.8 | 259.7 | ' | ' |
Property, plant and equipment, net | 196.2 | ' | ' | ' | 940.6 | ' | ' | ' | 196.2 | 940.6 | ' | ' |
Investment in CyrusOne | 471 | ' | ' | ' | ' | ' | ' | ' | 471 | ' | ' | ' |
Goodwill and intangibles, net | 103.8 | ' | ' | ' | 485.1 | ' | ' | ' | 103.8 | 485.1 | ' | ' |
Investments in and advances to subsidiaries | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | ' | ' |
Other noncurrent assets | 178.9 | ' | ' | ' | 266.3 | ' | ' | ' | 178.9 | 266.3 | ' | ' |
Total assets | 1,166.70 | ' | ' | ' | 1,951.70 | ' | ' | ' | 1,166.70 | 1,951.70 | ' | ' |
Current portion of long-term debt | 3.3 | ' | ' | ' | 10.4 | ' | ' | ' | 3.3 | 10.4 | ' | ' |
Accounts payable | 42.5 | ' | ' | ' | 72.7 | ' | ' | ' | 42.5 | 72.7 | ' | ' |
Other current liabilities | 34.6 | ' | ' | ' | 69.7 | ' | ' | ' | 34.6 | 69.7 | ' | ' |
Total current liabilities | 80.4 | ' | ' | ' | 152.8 | ' | ' | ' | 80.4 | 152.8 | ' | ' |
Long-term debt, less current portion | 194.7 | ' | ' | ' | 693 | ' | ' | ' | 194.7 | 693 | ' | ' |
Other noncurrent liabilities | 59 | ' | ' | ' | 181.7 | ' | ' | ' | 59 | 181.7 | ' | ' |
Intercompany payables | 199.7 | ' | ' | ' | 276.4 | ' | ' | ' | 199.7 | 276.4 | ' | ' |
Total liabilities | 533.8 | ' | ' | ' | 1,303.90 | ' | ' | ' | 533.8 | 1,303.90 | ' | ' |
Shareowners' (deficit) equity | 632.9 | ' | ' | ' | 647.8 | ' | ' | ' | 632.9 | 647.8 | ' | ' |
Total liabilities and shareowners' equity (deficit) | 1,166.70 | ' | ' | ' | 1,951.70 | ' | ' | ' | 1,166.70 | 1,951.70 | ' | ' |
Condensed Consolidating Statements of Cash Flows [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash flows (used in) provided by operating activities | ' | ' | ' | ' | ' | ' | ' | ' | 57.9 | 107.1 | 164.8 | ' |
Capital expenditures | ' | ' | ' | ' | ' | ' | ' | ' | -43.8 | -258.4 | -149.2 | ' |
Dividends received from CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | 21.3 | ' | ' | ' |
Proceeds from sale of assets | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0.2 | 0 | ' |
Cash divested from deconsolidation of CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | -12.2 | ' | ' | ' |
Other investing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0.4 | -6.2 | 0 | ' |
Cash flows provided by (used in) investing activities | ' | ' | ' | ' | ' | ' | ' | ' | -34.3 | -264.4 | -149.2 | ' |
Proceeds from issuance of long-term debt | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 525 | ' | ' |
Funding between Parent and subsidiaries, net | ' | ' | ' | ' | ' | ' | ' | ' | -89.9 | -367.6 | 6.2 | ' |
Debt issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | 0 | -17.3 | ' | ' |
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | ' | ' | ' | ' | ' | ' | ' | ' | 54.2 | 52 | 0.4 | ' |
Repayment of debt | ' | ' | ' | ' | ' | ' | ' | ' | -5.1 | -13.9 | -9.2 | ' |
Common stock issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | ' | -5.7 | ' | ' |
Common stock repurchase | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' |
Proceeds from exercise of options and warrants | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' | ' |
Other financing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | -16 | ' |
Cash flows provided by (used in) financing activities | ' | ' | ' | ' | ' | ' | ' | ' | -40.8 | 172.5 | -18.6 | ' |
(Decrease) increase in cash and cash equivalents | ' | ' | ' | ' | ' | ' | ' | ' | -17.2 | 15.2 | -3 | ' |
Cash and cash equivalents at beginning of year | ' | ' | ' | 17.9 | ' | ' | ' | 2.7 | 17.9 | 2.7 | 5.7 | ' |
Cash and cash equivalents at end of year | 0.7 | ' | ' | ' | 17.9 | ' | ' | ' | 0.7 | 17.9 | 2.7 | ' |
Consolidation, Eliminations [Member] | Notes guaranteed by parent [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | ' | ' | ' | ' | ' | ' | ' | ' | -56.3 | -62.2 | -57.4 | ' |
Operating costs and expenses | ' | ' | ' | ' | ' | ' | ' | ' | -56.3 | -62.2 | -57.4 | ' |
Operating income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Interest expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Other expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
(Loss) income before equity in earnings of subsidiaries and income taxes | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Income tax (benefit) expense | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Equity in earnings of subsidiaries, net of tax | ' | ' | ' | ' | ' | ' | ' | ' | -113.4 | -153.1 | -143.3 | ' |
Net (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | -113.4 | -153.1 | -143.3 | ' |
Other comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Total comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | -113.4 | -153.1 | -143.3 | ' |
Preferred stock dividends | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Net (loss) income applicable to common shareowners | ' | ' | ' | ' | ' | ' | ' | ' | -113.4 | -153.1 | -143.3 | ' |
Condensed Consolidating Balance Sheets [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | 0 | ' |
Receivables, net | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | ' | ' |
Other current assets | -0.7 | ' | ' | ' | -0.4 | ' | ' | ' | -0.7 | -0.4 | ' | ' |
Total current assets | -0.7 | ' | ' | ' | -0.4 | ' | ' | ' | -0.7 | -0.4 | ' | ' |
Property, plant and equipment, net | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | ' | ' |
Investment in CyrusOne | 0 | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' | ' |
Goodwill and intangibles, net | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | ' | ' |
Investments in and advances to subsidiaries | -1,654.30 | ' | ' | ' | -1,678.10 | ' | ' | ' | -1,654.30 | -1,678.10 | ' | ' |
Other noncurrent assets | -167.8 | ' | ' | ' | -163.1 | ' | ' | ' | -167.8 | -163.1 | ' | ' |
Total assets | -1,822.80 | ' | ' | ' | -1,841.60 | ' | ' | ' | -1,822.80 | -1,841.60 | ' | ' |
Current portion of long-term debt | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | ' | ' |
Accounts payable | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | ' | ' |
Other current liabilities | 0.1 | ' | ' | ' | 0.9 | ' | ' | ' | 0.1 | 0.9 | ' | ' |
Total current liabilities | 0.1 | ' | ' | ' | 0.9 | ' | ' | ' | 0.1 | 0.9 | ' | ' |
Long-term debt, less current portion | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | ' | ' |
Other noncurrent liabilities | -168.6 | ' | ' | ' | -164.4 | ' | ' | ' | -168.6 | -164.4 | ' | ' |
Intercompany payables | -446.1 | ' | ' | ' | -505.3 | ' | ' | ' | -446.1 | -505.3 | ' | ' |
Total liabilities | -614.6 | ' | ' | ' | -668.8 | ' | ' | ' | -614.6 | -668.8 | ' | ' |
Shareowners' (deficit) equity | -1,208.20 | ' | ' | ' | -1,172.80 | ' | ' | ' | -1,208.20 | -1,172.80 | ' | ' |
Total liabilities and shareowners' equity (deficit) | -1,822.80 | ' | ' | ' | -1,841.60 | ' | ' | ' | -1,822.80 | -1,841.60 | ' | ' |
Condensed Consolidating Statements of Cash Flows [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash flows (used in) provided by operating activities | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Capital expenditures | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Dividends received from CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' | ' |
Proceeds from sale of assets | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Cash divested from deconsolidation of CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' | ' |
Other investing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Cash flows provided by (used in) investing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Proceeds from issuance of long-term debt | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' | ' |
Funding between Parent and subsidiaries, net | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Debt issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' | ' |
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Repayment of debt | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Common stock issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' |
Common stock repurchase | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' |
Proceeds from exercise of options and warrants | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' | ' |
Other financing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Cash flows provided by (used in) financing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
(Decrease) increase in cash and cash equivalents | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Cash and cash equivalents at beginning of year | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | 0 | 0 | ' |
Cash and cash equivalents at end of year | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | 0 | ' |
Various Cincinnati Bell Telephone Notes [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instruments [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cincinnati Bell Telephone Notes Outstanding | $134.50 | ' | ' | ' | $134.50 | ' | ' | ' | $134.50 | $134.50 | ' | ' |
Supplemental_Guarantor_Informa5
Supplemental Guarantor Information HY (Details) (USD $) | 3 Months Ended | 12 Months Ended | ||||||||||
In Millions, unless otherwise specified | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | $308.40 | $310.80 | $312 | $325.70 | $374.70 | $368.20 | $368.20 | $362.80 | $1,256.90 | $1,473.90 | $1,462.40 | ' |
Operating costs and expenses | ' | ' | ' | ' | ' | ' | ' | ' | 1,093.10 | 1,203.80 | 1,202.90 | ' |
Operating income (loss) | 40.1 | 57.7 | 46.8 | 19.2 | 57.9 | 66 | 65.2 | 81 | 163.8 | 270.1 | 259.5 | ' |
Interest expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | 182 | 218.9 | 215 | ' |
Other expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | -1.3 | 1.7 | 0.9 | ' |
(Loss) income before equity in earnings of subsidiaries and income taxes | ' | ' | ' | ' | ' | ' | ' | ' | -57.2 | 35.9 | 43.6 | ' |
Income tax (benefit) expense | ' | ' | ' | ' | ' | ' | ' | ' | -2.5 | 24.7 | 25 | ' |
Net (loss) income | -28.1 | 9.3 | 0.8 | -36.7 | -9.8 | 3.9 | 4.5 | 12.6 | -54.7 | 11.2 | 18.6 | ' |
Other comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 76.4 | -0.8 | -48.9 | ' |
Total comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 21.7 | 10.4 | -30.3 | ' |
Preferred stock dividends | ' | ' | ' | ' | ' | ' | ' | ' | 10.4 | 10.4 | 10.4 | ' |
Net (loss) income applicable to common shareowners | ' | ' | ' | ' | ' | ' | ' | ' | -65.1 | 0.8 | 8.2 | ' |
Condensed Consolidating Balance Sheets [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | 4.6 | ' | ' | ' | 23.6 | ' | ' | ' | 4.6 | 23.6 | 73.7 | ' |
Other current assets | 1.6 | ' | ' | ' | 11.6 | ' | ' | ' | 1.6 | 11.6 | ' | ' |
Total current assets | 251.1 | ' | ' | ' | 303.5 | ' | ' | ' | 251.1 | 303.5 | ' | ' |
Property, plant and equipment, net | 902.8 | ' | ' | ' | 1,587.40 | ' | ' | ' | 902.8 | 1,587.40 | ' | ' |
Investment in CyrusOne | 471 | ' | ' | ' | 0 | ' | ' | ' | 471 | 0 | ' | ' |
Other noncurrent assets | 36.6 | ' | ' | ' | 86.3 | ' | ' | ' | 36.6 | 86.3 | ' | ' |
Total assets | 2,107.30 | ' | ' | ' | 2,872.40 | ' | ' | ' | 2,107.30 | 2,872.40 | ' | ' |
Current portion of long-term debt | 12.6 | ' | ' | ' | 13.4 | ' | ' | ' | 12.6 | 13.4 | ' | ' |
Accounts payable | 89.4 | ' | ' | ' | 135.6 | ' | ' | ' | 89.4 | 135.6 | ' | ' |
Other current liabilities | 36.8 | ' | ' | ' | 40.2 | ' | ' | ' | 36.8 | 40.2 | ' | ' |
Total current liabilities | 254.3 | ' | ' | ' | 355.4 | ' | ' | ' | 254.3 | 355.4 | ' | ' |
Long-term debt, less current portion | 2,252.60 | ' | ' | ' | 2,676 | ' | ' | ' | 2,252.60 | 2,676 | ' | ' |
Other noncurrent liabilities | 74.4 | ' | ' | ' | 176.5 | ' | ' | ' | 74.4 | 176.5 | ' | ' |
Total liabilities | 2,784 | ' | ' | ' | 3,570.60 | ' | ' | ' | 2,784 | 3,570.60 | ' | ' |
Shareowners' (deficit) equity | -676.7 | ' | ' | ' | -698.2 | ' | ' | ' | -676.7 | -698.2 | -715.2 | -667.8 |
Total liabilities and shareowners' equity (deficit) | 2,107.30 | ' | ' | ' | 2,872.40 | ' | ' | ' | 2,107.30 | 2,872.40 | ' | ' |
Condensed Consolidating Statements of Cash Flows [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash flows (used in) provided by operating activities | ' | ' | ' | ' | ' | ' | ' | ' | 78.8 | 212.7 | 289.9 | ' |
Capital expenditures | ' | ' | ' | ' | ' | ' | ' | ' | -196.9 | -367.2 | -255.5 | ' |
Dividends received from CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | 21.3 | 0 | 0 | ' |
Proceeds from sale of assets | ' | ' | ' | ' | ' | ' | ' | ' | 2 | 1.6 | 11.5 | ' |
Cash divested from deconsolidation of CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | -12.2 | 0 | 0 | ' |
Other investing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | -0.7 | ' |
Cash flows provided by (used in) investing activities | ' | ' | ' | ' | ' | ' | ' | ' | -185.4 | -371.8 | -244.7 | ' |
Proceeds from issuance of long-term debt | ' | ' | ' | ' | ' | ' | ' | ' | 536 | 525 | 0 | ' |
Debt issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | -6.7 | -20.9 | -0.8 | ' |
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | ' | ' | ' | ' | ' | ' | ' | ' | 94.2 | 52 | 0.4 | ' |
Repayment of debt | ' | ' | ' | ' | ' | ' | ' | ' | -530.8 | -442.4 | -11.5 | ' |
Common stock issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | 0 | -5.7 | 0 | ' |
Common stock repurchase | ' | ' | ' | ' | ' | ' | ' | ' | 0 | -0.3 | -10.4 | ' |
Proceeds from exercise of options and warrants | ' | ' | ' | ' | ' | ' | ' | ' | 7.1 | 12.1 | 0.4 | ' |
Other financing activities | ' | ' | ' | ' | ' | ' | ' | ' | -2.3 | -2.8 | -16.5 | ' |
Cash flows provided by (used in) financing activities | ' | ' | ' | ' | ' | ' | ' | ' | 87.6 | 109 | -48.8 | ' |
(Decrease) increase in cash and cash equivalents | ' | ' | ' | ' | ' | ' | ' | ' | -19 | -50.1 | -3.6 | ' |
Cash and cash equivalents at beginning of year | ' | ' | ' | 23.6 | ' | ' | ' | 73.7 | 23.6 | 73.7 | 77.3 | ' |
Cash and cash equivalents at end of year | 4.6 | ' | ' | ' | 23.6 | ' | ' | ' | 4.6 | 23.6 | 73.7 | ' |
Notes guaranteed by subsidiaries [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | ' | ' | ' | ' | ' | ' | ' | ' | 1,256.90 | 1,473.90 | 1,462.40 | ' |
Operating costs and expenses | ' | ' | ' | ' | ' | ' | ' | ' | 1,093.10 | 1,203.80 | 1,202.90 | ' |
Operating income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 163.8 | 270.1 | 259.5 | ' |
Interest expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | 182 | 218.9 | 215 | ' |
Other expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | 39 | 15.3 | 0.9 | ' |
(Loss) income before equity in earnings of subsidiaries and income taxes | ' | ' | ' | ' | ' | ' | ' | ' | -57.2 | 35.9 | 43.6 | ' |
Income tax (benefit) expense | ' | ' | ' | ' | ' | ' | ' | ' | -2.5 | 24.7 | 25 | ' |
Equity in earnings of subsidiaries, net of tax | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Net (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | -54.7 | 11.2 | 18.6 | ' |
Other comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 76.4 | -0.8 | -48.9 | ' |
Total comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 21.7 | 10.4 | -30.3 | ' |
Preferred stock dividends | ' | ' | ' | ' | ' | ' | ' | ' | 10.4 | 10.4 | 10.4 | ' |
Net (loss) income applicable to common shareowners | ' | ' | ' | ' | ' | ' | ' | ' | -65.1 | 0.8 | 8.2 | ' |
Condensed Consolidating Balance Sheets [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | 4.6 | ' | ' | ' | 23.6 | ' | ' | ' | 4.6 | 23.6 | 73.7 | ' |
Receivables, net | 154.8 | ' | ' | ' | 199 | ' | ' | ' | 154.8 | 199 | ' | ' |
Other current assets | 91.7 | ' | ' | ' | 80.9 | ' | ' | ' | 91.7 | 80.9 | ' | ' |
Total current assets | 251.1 | ' | ' | ' | 303.5 | ' | ' | ' | 251.1 | 303.5 | ' | ' |
Property, plant and equipment, net | 902.8 | ' | ' | ' | 1,587.40 | ' | ' | ' | 902.8 | 1,587.40 | ' | ' |
Investment in CyrusOne | 471 | ' | ' | ' | ' | ' | ' | ' | 471 | ' | ' | ' |
Goodwill and intangibles, net | 106.1 | ' | ' | ' | 487.4 | ' | ' | ' | 106.1 | 487.4 | ' | ' |
Investments in and advances to subsidiaries | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | ' | ' |
Other noncurrent assets | 376.3 | ' | ' | ' | 494.1 | ' | ' | ' | 376.3 | 494.1 | ' | ' |
Total assets | 2,107.30 | ' | ' | ' | 2,872.40 | ' | ' | ' | 2,107.30 | 2,872.40 | ' | ' |
Current portion of long-term debt | 12.6 | ' | ' | ' | 13.4 | ' | ' | ' | 12.6 | 13.4 | ' | ' |
Accounts payable | 89.9 | ' | ' | ' | 135.6 | ' | ' | ' | 89.9 | 135.6 | ' | ' |
Other current liabilities | 151.8 | ' | ' | ' | 206.4 | ' | ' | ' | 151.8 | 206.4 | ' | ' |
Total current liabilities | 254.3 | ' | ' | ' | 355.4 | ' | ' | ' | 254.3 | 355.4 | ' | ' |
Long-term debt, less current portion | 2,252.60 | ' | ' | ' | 2,676 | ' | ' | ' | 2,252.60 | 2,676 | ' | ' |
Other noncurrent liabilities | 277.1 | ' | ' | ' | 539.2 | ' | ' | ' | 277.1 | 539.2 | ' | ' |
Intercompany payables | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | ' | ' |
Total liabilities | 2,784 | ' | ' | ' | 3,570.60 | ' | ' | ' | 2,784 | 3,570.60 | ' | ' |
Shareowners' (deficit) equity | -676.7 | ' | ' | ' | -698.2 | ' | ' | ' | -676.7 | -698.2 | ' | ' |
Total liabilities and shareowners' equity (deficit) | 2,107.30 | ' | ' | ' | 2,872.40 | ' | ' | ' | 2,107.30 | 2,872.40 | ' | ' |
Condensed Consolidating Statements of Cash Flows [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash flows (used in) provided by operating activities | ' | ' | ' | ' | ' | ' | ' | ' | 78.8 | 212.7 | 289.9 | ' |
Capital expenditures | ' | ' | ' | ' | ' | ' | ' | ' | -196.9 | -367.2 | -255.5 | ' |
Dividends received from CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | 21.3 | ' | ' | ' |
Proceeds from sale of assets | ' | ' | ' | ' | ' | ' | ' | ' | 2 | 1.6 | 11.5 | ' |
Cash divested from deconsolidation of CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | -12.2 | ' | ' | ' |
Other investing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0.4 | -6.2 | -0.7 | ' |
Cash flows provided by (used in) investing activities | ' | ' | ' | ' | ' | ' | ' | ' | -185.4 | -371.8 | -244.7 | ' |
Proceeds from issuance of long-term debt | ' | ' | ' | ' | ' | ' | ' | ' | 536 | 525 | ' | ' |
Funding between Parent and subsidiaries, net | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Debt issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | -6.7 | -20.9 | ' | ' |
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | ' | ' | ' | ' | ' | ' | ' | ' | 94.2 | 52 | 0.4 | ' |
Repayment of debt | ' | ' | ' | ' | ' | ' | ' | ' | -530.8 | -442.4 | -11.5 | ' |
Common stock issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | ' | -5.7 | ' | ' |
Common stock repurchase | ' | ' | ' | ' | ' | ' | ' | ' | ' | -0.3 | -10.4 | ' |
Proceeds from exercise of options and warrants | ' | ' | ' | ' | ' | ' | ' | ' | 7.1 | 12.1 | ' | ' |
Other financing activities | ' | ' | ' | ' | ' | ' | ' | ' | -12.2 | -10.8 | -27.3 | ' |
Cash flows provided by (used in) financing activities | ' | ' | ' | ' | ' | ' | ' | ' | 87.6 | 109 | -48.8 | ' |
(Decrease) increase in cash and cash equivalents | ' | ' | ' | ' | ' | ' | ' | ' | -19 | -50.1 | -3.6 | ' |
Cash and cash equivalents at beginning of year | ' | ' | ' | 23.6 | ' | ' | ' | 73.7 | 23.6 | 73.7 | 77.3 | ' |
Cash and cash equivalents at end of year | 4.6 | ' | ' | ' | 23.6 | ' | ' | ' | 4.6 | 23.6 | 73.7 | ' |
Notes guaranteed by subsidiaries [Member] | Parent Company [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 3.4 | ' |
Operating costs and expenses | ' | ' | ' | ' | ' | ' | ' | ' | 55.4 | 33.9 | 23.6 | ' |
Operating income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | -55.4 | -33.9 | -20.2 | ' |
Interest expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | 164.3 | 164.8 | 161.8 | ' |
Other expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | 28.2 | 11.5 | -0.9 | ' |
(Loss) income before equity in earnings of subsidiaries and income taxes | ' | ' | ' | ' | ' | ' | ' | ' | -247.9 | -210.2 | -181.1 | ' |
Income tax (benefit) expense | ' | ' | ' | ' | ' | ' | ' | ' | -79.8 | -68.3 | -56.4 | ' |
Equity in earnings of subsidiaries, net of tax | ' | ' | ' | ' | ' | ' | ' | ' | 113.4 | 153.1 | 143.3 | ' |
Net (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | -54.7 | 11.2 | 18.6 | ' |
Other comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 76.5 | -0.8 | -48.8 | ' |
Total comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 21.8 | 10.4 | -30.2 | ' |
Preferred stock dividends | ' | ' | ' | ' | ' | ' | ' | ' | 10.4 | 10.4 | 10.4 | ' |
Net (loss) income applicable to common shareowners | ' | ' | ' | ' | ' | ' | ' | ' | -65.1 | 0.8 | 8.2 | ' |
Condensed Consolidating Balance Sheets [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | 2.1 | ' | ' | ' | 3.8 | ' | ' | ' | 2.1 | 3.8 | 69.6 | ' |
Receivables, net | 2.6 | ' | ' | ' | 1 | ' | ' | ' | 2.6 | 1 | ' | ' |
Other current assets | 4.4 | ' | ' | ' | 3.1 | ' | ' | ' | 4.4 | 3.1 | ' | ' |
Total current assets | 9.1 | ' | ' | ' | 7.9 | ' | ' | ' | 9.1 | 7.9 | ' | ' |
Property, plant and equipment, net | 0.1 | ' | ' | ' | 0.1 | ' | ' | ' | 0.1 | 0.1 | ' | ' |
Investment in CyrusOne | 0 | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' | ' |
Goodwill and intangibles, net | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | ' | ' |
Investments in and advances to subsidiaries | 1,406.60 | ' | ' | ' | 1,449.90 | ' | ' | ' | 1,406.60 | 1,449.90 | ' | ' |
Other noncurrent assets | 359.1 | ' | ' | ' | 384.6 | ' | ' | ' | 359.1 | 384.6 | ' | ' |
Total assets | 1,774.90 | ' | ' | ' | 1,842.50 | ' | ' | ' | 1,774.90 | 1,842.50 | ' | ' |
Current portion of long-term debt | 5.4 | ' | ' | ' | 0 | ' | ' | ' | 5.4 | 0 | ' | ' |
Accounts payable | 1.5 | ' | ' | ' | 1.2 | ' | ' | ' | 1.5 | 1.2 | ' | ' |
Other current liabilities | 67.7 | ' | ' | ' | 85.6 | ' | ' | ' | 67.7 | 85.6 | ' | ' |
Total current liabilities | 74.6 | ' | ' | ' | 86.8 | ' | ' | ' | 74.6 | 86.8 | ' | ' |
Long-term debt, less current portion | 1,916.10 | ' | ' | ' | 1,841.70 | ' | ' | ' | 1,916.10 | 1,841.70 | ' | ' |
Other noncurrent liabilities | 214.5 | ' | ' | ' | 383.3 | ' | ' | ' | 214.5 | 383.3 | ' | ' |
Intercompany payables | 246.4 | ' | ' | ' | 228.9 | ' | ' | ' | 246.4 | 228.9 | ' | ' |
Total liabilities | 2,451.60 | ' | ' | ' | 2,540.70 | ' | ' | ' | 2,451.60 | 2,540.70 | ' | ' |
Shareowners' (deficit) equity | -676.7 | ' | ' | ' | -698.2 | ' | ' | ' | -676.7 | -698.2 | ' | ' |
Total liabilities and shareowners' equity (deficit) | 1,774.90 | ' | ' | ' | 1,842.50 | ' | ' | ' | 1,774.90 | 1,842.50 | ' | ' |
Condensed Consolidating Statements of Cash Flows [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash flows (used in) provided by operating activities | ' | ' | ' | ' | ' | ' | ' | ' | -218.1 | -144.8 | -139.6 | ' |
Capital expenditures | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Dividends received from CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' | ' |
Proceeds from sale of assets | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 11.5 | ' |
Cash divested from deconsolidation of CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' | ' |
Other investing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | -0.7 | ' |
Cash flows provided by (used in) investing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 10.8 | ' |
Proceeds from issuance of long-term debt | ' | ' | ' | ' | ' | ' | ' | ' | 536 | 0 | ' | ' |
Funding between Parent and subsidiaries, net | ' | ' | ' | ' | ' | ' | ' | ' | 174.2 | 433.6 | 150.3 | ' |
Debt issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | -6.7 | -3.6 | ' | ' |
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | ' | ' | ' | ' | ' | ' | ' | ' | 40 | 0 | 0 | ' |
Repayment of debt | ' | ' | ' | ' | ' | ' | ' | ' | -522 | -352 | 0 | ' |
Common stock issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' |
Common stock repurchase | ' | ' | ' | ' | ' | ' | ' | ' | ' | -0.3 | -10.4 | ' |
Proceeds from exercise of options and warrants | ' | ' | ' | ' | ' | ' | ' | ' | 7.1 | 12.1 | ' | ' |
Other financing activities | ' | ' | ' | ' | ' | ' | ' | ' | -12.2 | -10.8 | -11.3 | ' |
Cash flows provided by (used in) financing activities | ' | ' | ' | ' | ' | ' | ' | ' | 216.4 | 79 | 128.6 | ' |
(Decrease) increase in cash and cash equivalents | ' | ' | ' | ' | ' | ' | ' | ' | -1.7 | -65.8 | -0.2 | ' |
Cash and cash equivalents at beginning of year | ' | ' | ' | 3.8 | ' | ' | ' | 69.6 | 3.8 | 69.6 | 69.8 | ' |
Cash and cash equivalents at end of year | 2.1 | ' | ' | ' | 3.8 | ' | ' | ' | 2.1 | 3.8 | 69.6 | ' |
Notes guaranteed by subsidiaries [Member] | Guarantor Subsidiaries [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | ' | ' | ' | ' | ' | ' | ' | ' | 704.6 | 713.4 | 741.6 | ' |
Operating costs and expenses | ' | ' | ' | ' | ' | ' | ' | ' | 667.5 | 646.5 | 714 | ' |
Operating income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 37.1 | 66.9 | 27.6 | ' |
Interest expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | 14.9 | 7.8 | 9.7 | ' |
Other expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | 17.4 | 9.1 | 9.7 | ' |
(Loss) income before equity in earnings of subsidiaries and income taxes | ' | ' | ' | ' | ' | ' | ' | ' | 4.8 | 50 | 8.2 | ' |
Income tax (benefit) expense | ' | ' | ' | ' | ' | ' | ' | ' | 9.7 | 19.2 | 2.6 | ' |
Equity in earnings of subsidiaries, net of tax | ' | ' | ' | ' | ' | ' | ' | ' | 0.7 | -11.8 | 11.1 | ' |
Net (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | -4.2 | 19 | 16.7 | ' |
Other comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Total comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | -4.2 | 19 | 16.7 | ' |
Preferred stock dividends | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Net (loss) income applicable to common shareowners | ' | ' | ' | ' | ' | ' | ' | ' | -4.2 | 19 | 16.7 | ' |
Condensed Consolidating Balance Sheets [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | 0.3 | ' | ' | ' | 0.3 | ' | ' | ' | 0.3 | 0.3 | 0.7 | ' |
Receivables, net | 7.2 | ' | ' | ' | 1.2 | ' | ' | ' | 7.2 | 1.2 | ' | ' |
Other current assets | 60.7 | ' | ' | ' | 27.7 | ' | ' | ' | 60.7 | 27.7 | ' | ' |
Total current assets | 68.2 | ' | ' | ' | 29.2 | ' | ' | ' | 68.2 | 29.2 | ' | ' |
Property, plant and equipment, net | 194.1 | ' | ' | ' | 220.9 | ' | ' | ' | 194.1 | 220.9 | ' | ' |
Investment in CyrusOne | 471 | ' | ' | ' | ' | ' | ' | ' | 471 | ' | ' | ' |
Goodwill and intangibles, net | 103.8 | ' | ' | ' | 106.4 | ' | ' | ' | 103.8 | 106.4 | ' | ' |
Investments in and advances to subsidiaries | -1.6 | ' | ' | ' | 506.4 | ' | ' | ' | -1.6 | 506.4 | ' | ' |
Other noncurrent assets | 179.9 | ' | ' | ' | 218.5 | ' | ' | ' | 179.9 | 218.5 | ' | ' |
Total assets | 1,015.40 | ' | ' | ' | 1,081.40 | ' | ' | ' | 1,015.40 | 1,081.40 | ' | ' |
Current portion of long-term debt | 3 | ' | ' | ' | 3.9 | ' | ' | ' | 3 | 3.9 | ' | ' |
Accounts payable | 72.3 | ' | ' | ' | 90.2 | ' | ' | ' | 72.3 | 90.2 | ' | ' |
Other current liabilities | 36.9 | ' | ' | ' | 33.6 | ' | ' | ' | 36.9 | 33.6 | ' | ' |
Total current liabilities | 112.2 | ' | ' | ' | 127.7 | ' | ' | ' | 112.2 | 127.7 | ' | ' |
Long-term debt, less current portion | 87 | ' | ' | ' | 88.4 | ' | ' | ' | 87 | 88.4 | ' | ' |
Other noncurrent liabilities | 61.3 | ' | ' | ' | 90.6 | ' | ' | ' | 61.3 | 90.6 | ' | ' |
Intercompany payables | 149.9 | ' | ' | ' | 160 | ' | ' | ' | 149.9 | 160 | ' | ' |
Total liabilities | 410.4 | ' | ' | ' | 466.7 | ' | ' | ' | 410.4 | 466.7 | ' | ' |
Shareowners' (deficit) equity | 605 | ' | ' | ' | 614.7 | ' | ' | ' | 605 | 614.7 | ' | ' |
Total liabilities and shareowners' equity (deficit) | 1,015.40 | ' | ' | ' | 1,081.40 | ' | ' | ' | 1,015.40 | 1,081.40 | ' | ' |
Condensed Consolidating Statements of Cash Flows [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash flows (used in) provided by operating activities | ' | ' | ' | ' | ' | ' | ' | ' | 26.2 | 51.3 | 120 | ' |
Capital expenditures | ' | ' | ' | ' | ' | ' | ' | ' | -36.1 | -30.2 | -31.2 | ' |
Dividends received from CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | 21.3 | ' | ' | ' |
Proceeds from sale of assets | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Cash divested from deconsolidation of CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' | ' |
Other investing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Cash flows provided by (used in) investing activities | ' | ' | ' | ' | ' | ' | ' | ' | -14.8 | -30.2 | -31.2 | ' |
Proceeds from issuance of long-term debt | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' | ' |
Funding between Parent and subsidiaries, net | ' | ' | ' | ' | ' | ' | ' | ' | -7.4 | -16.9 | -86.6 | ' |
Debt issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' | ' |
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Repayment of debt | ' | ' | ' | ' | ' | ' | ' | ' | -4 | -4.6 | -2.3 | ' |
Common stock issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' |
Common stock repurchase | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' |
Proceeds from exercise of options and warrants | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' | ' |
Other financing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Cash flows provided by (used in) financing activities | ' | ' | ' | ' | ' | ' | ' | ' | -11.4 | -21.5 | -88.9 | ' |
(Decrease) increase in cash and cash equivalents | ' | ' | ' | ' | ' | ' | ' | ' | 0 | -0.4 | -0.1 | ' |
Cash and cash equivalents at beginning of year | ' | ' | ' | 0.3 | ' | ' | ' | 0.7 | 0.3 | 0.7 | 0.8 | ' |
Cash and cash equivalents at end of year | 0.3 | ' | ' | ' | 0.3 | ' | ' | ' | 0.3 | 0.3 | 0.7 | ' |
Notes guaranteed by subsidiaries [Member] | Non-Guarantor Subsidiaries [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | ' | ' | ' | ' | ' | ' | ' | ' | 608.6 | 822.7 | 774.8 | ' |
Operating costs and expenses | ' | ' | ' | ' | ' | ' | ' | ' | 426.5 | 585.6 | 522.7 | ' |
Operating income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 182.1 | 237.1 | 252.1 | ' |
Interest expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | 2.8 | 46.3 | 43.5 | ' |
Other expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | -6.6 | -5.3 | -7.9 | ' |
(Loss) income before equity in earnings of subsidiaries and income taxes | ' | ' | ' | ' | ' | ' | ' | ' | 185.9 | 196.1 | 216.5 | ' |
Income tax (benefit) expense | ' | ' | ' | ' | ' | ' | ' | ' | 67.6 | 73.8 | 78.8 | ' |
Equity in earnings of subsidiaries, net of tax | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Net (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | 118.3 | 122.3 | 137.7 | ' |
Other comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | -0.1 | 0 | -0.1 | ' |
Total comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 118.2 | 122.3 | 137.6 | ' |
Preferred stock dividends | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Net (loss) income applicable to common shareowners | ' | ' | ' | ' | ' | ' | ' | ' | 118.3 | 122.3 | 137.7 | ' |
Condensed Consolidating Balance Sheets [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | 2.2 | ' | ' | ' | 19.5 | ' | ' | ' | 2.2 | 19.5 | 3.4 | ' |
Receivables, net | 145 | ' | ' | ' | 196.8 | ' | ' | ' | 145 | 196.8 | ' | ' |
Other current assets | 27.3 | ' | ' | ' | 50.5 | ' | ' | ' | 27.3 | 50.5 | ' | ' |
Total current assets | 174.5 | ' | ' | ' | 266.8 | ' | ' | ' | 174.5 | 266.8 | ' | ' |
Property, plant and equipment, net | 708.6 | ' | ' | ' | 1,366.40 | ' | ' | ' | 708.6 | 1,366.40 | ' | ' |
Investment in CyrusOne | 0 | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' | ' |
Goodwill and intangibles, net | 2.3 | ' | ' | ' | 381 | ' | ' | ' | 2.3 | 381 | ' | ' |
Investments in and advances to subsidiaries | 218.2 | ' | ' | ' | 192.5 | ' | ' | ' | 218.2 | 192.5 | ' | ' |
Other noncurrent assets | 5.1 | ' | ' | ' | 54.1 | ' | ' | ' | 5.1 | 54.1 | ' | ' |
Total assets | 1,108.70 | ' | ' | ' | 2,260.80 | ' | ' | ' | 1,108.70 | 2,260.80 | ' | ' |
Current portion of long-term debt | 4.2 | ' | ' | ' | 9.5 | ' | ' | ' | 4.2 | 9.5 | ' | ' |
Accounts payable | 16.1 | ' | ' | ' | 44.2 | ' | ' | ' | 16.1 | 44.2 | ' | ' |
Other current liabilities | 47.1 | ' | ' | ' | 86.3 | ' | ' | ' | 47.1 | 86.3 | ' | ' |
Total current liabilities | 67.4 | ' | ' | ' | 140 | ' | ' | ' | 67.4 | 140 | ' | ' |
Long-term debt, less current portion | 249.5 | ' | ' | ' | 745.9 | ' | ' | ' | 249.5 | 745.9 | ' | ' |
Other noncurrent liabilities | 169.9 | ' | ' | ' | 229.7 | ' | ' | ' | 169.9 | 229.7 | ' | ' |
Intercompany payables | 33.2 | ' | ' | ' | 102.6 | ' | ' | ' | 33.2 | 102.6 | ' | ' |
Total liabilities | 520 | ' | ' | ' | 1,218.20 | ' | ' | ' | 520 | 1,218.20 | ' | ' |
Shareowners' (deficit) equity | 588.7 | ' | ' | ' | 1,042.60 | ' | ' | ' | 588.7 | 1,042.60 | ' | ' |
Total liabilities and shareowners' equity (deficit) | 1,108.70 | ' | ' | ' | 2,260.80 | ' | ' | ' | 1,108.70 | 2,260.80 | ' | ' |
Condensed Consolidating Statements of Cash Flows [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash flows (used in) provided by operating activities | ' | ' | ' | ' | ' | ' | ' | ' | 270.7 | 306.2 | 309.5 | ' |
Capital expenditures | ' | ' | ' | ' | ' | ' | ' | ' | -160.8 | -337 | -224.3 | ' |
Dividends received from CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' | ' |
Proceeds from sale of assets | ' | ' | ' | ' | ' | ' | ' | ' | 2 | 1.6 | 0 | ' |
Cash divested from deconsolidation of CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | -12.2 | ' | ' | ' |
Other investing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0.4 | -6.2 | 0 | ' |
Cash flows provided by (used in) investing activities | ' | ' | ' | ' | ' | ' | ' | ' | -170.6 | -341.6 | -224.3 | ' |
Proceeds from issuance of long-term debt | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 525 | ' | ' |
Funding between Parent and subsidiaries, net | ' | ' | ' | ' | ' | ' | ' | ' | -166.8 | -416.7 | -63.7 | ' |
Debt issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | 0 | -17.3 | ' | ' |
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | ' | ' | ' | ' | ' | ' | ' | ' | 54.2 | 52 | 0.4 | ' |
Repayment of debt | ' | ' | ' | ' | ' | ' | ' | ' | -4.8 | -85.8 | -9.2 | ' |
Common stock issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | ' | -5.7 | ' | ' |
Common stock repurchase | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' |
Proceeds from exercise of options and warrants | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' | ' |
Other financing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | -16 | ' |
Cash flows provided by (used in) financing activities | ' | ' | ' | ' | ' | ' | ' | ' | -117.4 | 51.5 | -88.5 | ' |
(Decrease) increase in cash and cash equivalents | ' | ' | ' | ' | ' | ' | ' | ' | -17.3 | 16.1 | -3.3 | ' |
Cash and cash equivalents at beginning of year | ' | ' | ' | 19.5 | ' | ' | ' | 3.4 | 19.5 | 3.4 | 6.7 | ' |
Cash and cash equivalents at end of year | 2.2 | ' | ' | ' | 19.5 | ' | ' | ' | 2.2 | 19.5 | 3.4 | ' |
Notes guaranteed by subsidiaries [Member] | Consolidation, Eliminations [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | ' | ' | ' | ' | ' | ' | ' | ' | -56.3 | -62.2 | -57.4 | ' |
Operating costs and expenses | ' | ' | ' | ' | ' | ' | ' | ' | -56.3 | -62.2 | -57.4 | ' |
Operating income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Interest expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Other expense (income), net | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
(Loss) income before equity in earnings of subsidiaries and income taxes | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Income tax (benefit) expense | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Equity in earnings of subsidiaries, net of tax | ' | ' | ' | ' | ' | ' | ' | ' | -114.1 | -141.3 | -154.4 | ' |
Net (loss) income | ' | ' | ' | ' | ' | ' | ' | ' | -114.1 | -141.3 | -154.4 | ' |
Other comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Total comprehensive income (loss) | ' | ' | ' | ' | ' | ' | ' | ' | -114.1 | -141.3 | -154.4 | ' |
Preferred stock dividends | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Net (loss) income applicable to common shareowners | ' | ' | ' | ' | ' | ' | ' | ' | -114.1 | -141.3 | -154.4 | ' |
Condensed Consolidating Balance Sheets [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | 0 | ' |
Receivables, net | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | ' | ' |
Other current assets | -0.7 | ' | ' | ' | -0.4 | ' | ' | ' | -0.7 | -0.4 | ' | ' |
Total current assets | -0.7 | ' | ' | ' | -0.4 | ' | ' | ' | -0.7 | -0.4 | ' | ' |
Property, plant and equipment, net | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | ' | ' |
Investment in CyrusOne | 0 | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' | ' |
Goodwill and intangibles, net | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | ' | ' |
Investments in and advances to subsidiaries | -1,623.20 | ' | ' | ' | -2,148.80 | ' | ' | ' | -1,623.20 | -2,148.80 | ' | ' |
Other noncurrent assets | -167.8 | ' | ' | ' | -163.1 | ' | ' | ' | -167.8 | -163.1 | ' | ' |
Total assets | -1,791.70 | ' | ' | ' | -2,312.30 | ' | ' | ' | -1,791.70 | -2,312.30 | ' | ' |
Current portion of long-term debt | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | ' | ' |
Accounts payable | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | ' | ' |
Other current liabilities | 0.1 | ' | ' | ' | 0.9 | ' | ' | ' | 0.1 | 0.9 | ' | ' |
Total current liabilities | 0.1 | ' | ' | ' | 0.9 | ' | ' | ' | 0.1 | 0.9 | ' | ' |
Long-term debt, less current portion | 0 | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | ' | ' |
Other noncurrent liabilities | -168.6 | ' | ' | ' | -164.4 | ' | ' | ' | -168.6 | -164.4 | ' | ' |
Intercompany payables | -429.5 | ' | ' | ' | -491.5 | ' | ' | ' | -429.5 | -491.5 | ' | ' |
Total liabilities | -598 | ' | ' | ' | -655 | ' | ' | ' | -598 | -655 | ' | ' |
Shareowners' (deficit) equity | -1,193.70 | ' | ' | ' | -1,657.30 | ' | ' | ' | -1,193.70 | -1,657.30 | ' | ' |
Total liabilities and shareowners' equity (deficit) | -1,791.70 | ' | ' | ' | -2,312.30 | ' | ' | ' | -1,791.70 | -2,312.30 | ' | ' |
Condensed Consolidating Statements of Cash Flows [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash flows (used in) provided by operating activities | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Capital expenditures | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Dividends received from CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' | ' |
Proceeds from sale of assets | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Cash divested from deconsolidation of CyrusOne | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' | ' |
Other investing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Cash flows provided by (used in) investing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Proceeds from issuance of long-term debt | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' | ' |
Funding between Parent and subsidiaries, net | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Debt issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' | ' |
Net increase in corporate credit and receivables facilities with initial maturities less than 90 days | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Repayment of debt | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Common stock issuance costs | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' |
Common stock repurchase | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' |
Proceeds from exercise of options and warrants | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' | ' |
Other financing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Cash flows provided by (used in) financing activities | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
(Decrease) increase in cash and cash equivalents | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | ' |
Cash and cash equivalents at beginning of year | ' | ' | ' | 0 | ' | ' | ' | 0 | 0 | 0 | 0 | ' |
Cash and cash equivalents at end of year | $0 | ' | ' | ' | $0 | ' | ' | ' | $0 | $0 | $0 | ' |
Quarterly_Financial_Informatio2
Quarterly Financial Information (Unaudited) (Details) (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
In Millions, except Per Share data, unless otherwise specified | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Selected Quarterly Financial Information [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue | $308.40 | $310.80 | $312 | $325.70 | $374.70 | $368.20 | $368.20 | $362.80 | $1,256.90 | $1,473.90 | $1,462.40 |
Operating income | 40.1 | 57.7 | 46.8 | 19.2 | 57.9 | 66 | 65.2 | 81 | 163.8 | 270.1 | 259.5 |
Net (loss) income | -28.1 | 9.3 | 0.8 | -36.7 | -9.8 | 3.9 | 4.5 | 12.6 | -54.7 | 11.2 | 18.6 |
Basic and diluted (loss) earnings per common share | ($0.15) | $0.03 | ($0.01) | ($0.19) | ($0.06) | $0.01 | $0.01 | $0.05 | ($0.32) | $0 | $0.04 |
Effect of Fourth Quarter Events [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Redemption Price, Percentage | 104.13% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Effect of Fourth Quarter Events, Amount | 29.6 | ' | ' | ' | 13.6 | ' | ' | ' | ' | ' | ' |
Senior Notes due 2017 [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Effect of Fourth Quarter Events [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Extinguishment of Debt, Amount | ' | ' | ' | ' | ' | ' | ' | ' | $500 | ' | ' |
Schedule_II_Valuation_and_Qual1
Schedule II - Valuation and Qualifying Accounts (Details) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Allowance for Doubtful Accounts [Member] | ' | ' | ' |
Valuation and Qualifying Accounts Disclosure [Line Items] | ' | ' | ' |
Beginning of Period | $13.30 | $11.60 | $14 |
Charge (Benefit) to Expenses | 11.3 | 13.9 | 13.9 |
To (from) Other Accounts | 0 | 0 | 0 |
Deductions | 12.4 | 12.2 | 16.3 |
End of Period | 12.2 | 13.3 | 11.6 |
Valuation Allowance of Deferred Tax Assets [Member] | ' | ' | ' |
Valuation and Qualifying Accounts Disclosure [Line Items] | ' | ' | ' |
Beginning of Period | 56.8 | 58.4 | 60 |
Charge (Benefit) to Expenses | 14.1 | -1.7 | -2.9 |
To (from) Other Accounts | -2.6 | 0.1 | 1.3 |
Deductions | 0 | 0 | 0 |
End of Period | $68.30 | $56.80 | $58.40 |