Cincinnati Bell (BDWGP) 10-Q 6 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information Document - shares	6 Months Ended
	Jun. 30, 2015	Jul. 31, 2015
Document and Entity [Abstract]
Entity Registrant Name	CINCINNATI BELL INC.
Entity Central Index Key	716,133
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		209,862,205

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenue
Services	$ 229.4	$ 221.8	$ 459.2	$ 442.6
Products	56.4	61.2	119.5	122.6
Total revenue	285.8	283	578.7	565.2
Costs and expenses
Cost of services, excluding items below	114.4	99.4	228	196.6
Cost of products sold, excluding items below	47.8	54.7	100.4	108.2
Selling, general and administrative, excluding items below	57	49.5	109.2	98.8
Depreciation and amortization	34	31	66.6	62.1
Restructuring charges	2.3	1.2	5.7	1.2
(Gain) loss on sale or disposal of assets, net	0.3	(0.1)	1.7	(0.1)
Curtailment loss	0.3	0	0.3	0
Transaction costs	0	0	0	0.7
Total operating costs and expenses	256.1	235.7	511.9	467.5
Operating income	29.7	47.3	66.8	97.7
Interest expense	28	39.5	60.7	78.3
Loss on extinguishment of debt	13.5	0	13.5	0
Loss from CyrusOne equity method investment	1.3	2.4	4.4	1.9
Gain on sale of CyrusOne equity method investment	(295.2)	(192.8)	(295.2)	(192.8)
Other expense (income), net	0	(0.9)	0.4	(1.2)
Income from continuing operations before income taxes	282.1	199.1	283	211.5
Income tax expense	101.4	75.4	102	81.9
Income from continuing operations	180.7	123.7	181	129.6
Income (loss) from discontinued operations (net of tax)	10.9	(9.5)	59.8	(8.4)
Net income	191.6	114.2	240.8	121.2
Preferred stock dividends	2.6	2.6	5.2	5.2
Net income applicable to common shareowners	$ 189	$ 111.6	$ 235.6	$ 116
Basic net earnings per common share
Basic earnings per common share from continuing operations	$ 0.85	$ 0.58	$ 0.84	$ 0.60
Basic earnings (loss) per common share from discontinued operations	0.05	(0.04)	0.29	(0.04)
Basic net earnings per common share	0.90	0.54	1.13	0.56
Diluted net earnings per common share
Diluted earnings per common share from continuing operations	0.84	0.58	0.84	0.59
Diluted earnings (loss) per common share from discontinued operations	0.05	(0.05)	0.28	(0.04)
Diluted net earnings per common share	$ 0.89	$ 0.53	$ 1.12	$ 0.55
Continuing Operations [Member]
Costs and expenses
Net income	$ 180.7	$ 123.7	$ 181	$ 129.6
Preferred stock dividends	2.6	2.6	5.2	5.2
Discontinued Operations [Member]
Costs and expenses
Selling, general and administrative, excluding items below	0.9	5.2	2.2	11.4
Depreciation and amortization	0	29.3	28.6	45.1
Restructuring charges	0	5.2	6.4	5.2
Operating income	(0.9)	(11.7)	(38.3)	(5.2)
Other expense (income), net	0.1	(1)	0.1	(1.9)
Income tax expense	5.1	(4.4)	32.2	(1.4)
Net income	10.9	(9.5)	59.8	(8.4)
Preferred stock dividends	$ 0	$ 0	$ 0	$ 0

Condensed Consolidated Stateme3

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net income	$ 191.6	$ 114.2	$ 240.8	$ 121.2
Other comprehensive income
Foreign currency translation gain (loss)	0.2	0	(0.1)	0
Defined benefit pension and postretirement plans:
Net loss arising from remeasurement during the period, net of tax of $0.6	1.1	0	1.1	0
Amortization of prior service benefits, net of tax of ($1.4), ($1.4), ($2.8), ($2.8)	(2.4)	(2.4)	(4.8)	(4.8)
Amortization of net actuarial loss, net of tax of $3.8, $1.8, $6.2, $4.2	6.9	3	11	7.2
Reclassification adjustment for curtailment loss included in net income, net of tax of $0.1	0.2	0	0.2	0
Other comprehensive income	6	0.6	7.4	2.4
Total comprehensive income	$ 197.6	$ 114.8	$ 248.2	$ 123.6

Condensed Consolidated Stateme4

Condensed Consolidated Statements of Comprehensive Income Parenthetical - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net loss arising from remeasurement during the period, tax	$ 0.6	$ 0	$ 0.6	$ 0
Amortization of prior service benefits, tax	(1.4)	(1.4)	(2.8)	(2.8)
Amortization of net actuarial loss, tax	3.8	1.8	6.2	4.2
Reclassification adjustment for curtailment loss included in net income, tax	$ 0.1	$ 0	$ 0.1	$ 0

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Current assets
Cash and cash equivalents	$ 14.8	$ 57.9
Receivables, less allowances of $10.5 and $12.4	150	160.8
Receivable from CyrusOne	5.2	7.7
Inventory, materials and supplies	24.1	25
Deferred income taxes, net	61.7	68.9
Prepaid expenses	13.8	10.8
Other current assets	1.3	1.8
Other current assets from discontinued operations	1.6	4.7
Total current assets	272.5	337.6
Property, plant and equipment, net	894.5	815.4
Investment in CyrusOne	124.9	273.6
Goodwill	14.4	14.4
Intangible assets, net	0.3	0.5
Deferred income taxes, net	174.4	300.7
Other noncurrent assets	28.6	33.9
Other noncurrent assets from discontinued operations	0	44.6
Total assets	1,509.6	1,820.7
Current liabilities
Current portion of long-term debt	12.5	11.6
Accounts payable	123.7	131.6
Payable to CyrusOne	1.6	0.4
Unearned revenue and customer deposits	27.7	30.4
Accrued taxes	12.6	9.9
Accrued interest	13.6	22.1
Accrued payroll and benefits	37.3	37
Other current liabilities	23.9	25.8
Other current liabilities from discontinued operations	19.8	142
Total current liabilities	272.7	410.8
Long-term debt, less current portion	1,379	1,689.4
Pension and postretirement benefit obligations	220.2	240.1
Other noncurrent liabilities	39.1	26.2
Other noncurrent liabilities from discontinued operations	2.1	102.7
Total liabilities	1,913.1	2,469.2
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 June 30, 2015 and December 31, 2014; liquidation preference $1,000 per share ($50 per depositary share)	129.4	129.4
Common shares, $.01 par value; 480,000,000 shares authorized; 210,003,255 and 209,571,138 shares issued; 209,862,205 and 209,296,068 shares outstanding at June 30, 2015 and December 31, 2014	2.1	2.1
Additional paid-in capital	2,579.1	2,582.9
Accumulated deficit	(2,947.1)	(3,187.9)
Accumulated other comprehensive loss	(166.5)	(173.9)
Common shares in treasury, at cost	(0.5)	(1.1)
Total shareowners' deficit	(403.5)	(648.5)
Total liabilities and shareowners' deficit	$ 1,509.6	$ 1,820.7

Condensed Consolidated Balance6

Condensed Consolidated Balance Sheets Parenthetical - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Allowance for receivables	$ 10,500,000	$ 12,400,000
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 Depositary Per 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	210,003,255	209,571,138
Common Stock, Shares, Outstanding	209,862,205	209,296,068

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities
Net income	$ 240.8	$ 121.2
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation & Amortization	95.2	107.2
Loss on extinguishment of debt	13.5	0
Provision for loss on receivables	4.3	4.6
Loss from CyrusOne equity method investment	4.4	1.9
Gain on sale of CyrusOne equity method investment	(295.2)	(192.8)
Noncash portion of interest expense	2.5	3.4
Deferred income tax provision	129.4	73.2
Pension and other postretirement payments in excess of expense	(8.4)	(13.3)
Stock-based compensation	2.1	1.7
Deferred gain on sale of Wireless spectrum licenses - discontinued operations	(112.6)	0
Amortization of deferred gain - discontinued operations	(6.5)	(10.1)
Loss (gain) on sale or disposal of assets, net	1.7	(0.1)
Excess tax benefit for share based payments	0	(0.8)
Gain on transfer of lease obligations - discontinued operations	(15.9)	0
Other, net	(0.8)	(0.6)
Changes in operating assets and liabilities, net of CyrusOne deconsolidation:
Decrease (increase) in receivables	4.9	(20.2)
Decrease in inventory, materials, supplies, prepaid expenses and other current assets	0.4	5.8
(Decrease) increase in accounts payable	(17)	12.6
(Decrease) increase in accrued and other current liabilities	(13)	1.3
Decrease in other noncurrent assets	0.8	0.8
Increase (decrease) in other noncurrent liabilities	2.1	(2)
Net cash provided by operating activities	32.7	93.8
Cash flows from investing activities
Capital expenditures	(132.5)	(75.5)
Dividends received from CyrusOne	15	16.4
Proceeds from sale of assets	0.1	2
Proceeds from sale of CyrusOne equity method investment	426	355.9
Other, net	(0.2)	(5.7)
Net cash provided by investing activities	308.4	293.1
Cash flows from financing activities
Net decrease in corporate credit and receivables facilities with initial maturities less than 90 days	(16.6)	(31.4)
Repayment of debt	(361.4)	(8.3)
Debt issuance costs	(0.4)	0
Dividends paid on preferred stock	(5.2)	(5.2)
Proceeds from exercise of options and warrants	0	1.2
Excess tax benefit for share based payments	0	0.8
Other, net	(0.6)	(1.4)
Net cash used in financing activities	(384.2)	(44.3)
Net (decrease) increase in cash and cash equivalents	(43.1)	342.6
Cash and cash equivalents at beginning of period	57.9	4.6
Cash and cash equivalents at end of period	14.8	347.2
Noncash investing and financing transactions:
Accrual of CyrusOne dividends	4.5	6
Acquisition of property by assuming debt and other noncurrent liabilities	2.9	0.2
Acquisition of property on account	33	20.8
Continuing Operations [Member]
Cash flows from operating activities
Net income	$ 181	129.6
Cash flows from investing activities
Capital expenditures		$ (69.3)

Description of Business and Acc

Description of Business and Accounting Policies	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [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") is a full-service regional provider of entertainment, data and voice communications services over copper and fiber networks, a provider of managed and professional information technology services, and a reseller of information technology ("IT") and telephony equipment. In addition, enterprise customers across the United States rely on Cincinnati Bell Technology Solutions Inc. ("CBTS"), a wholly-owned subsidiary, for efficient, scalable communications systems and end-to-end IT solutions. As of June 30, 2015, we operate our business through the following segments: Entertainment and Communications and IT Services and Hardware. As of December 31, 2014, we operated three business segments: Entertainment and Communications, IT Services and Hardware and Wireless. In the second quarter of 2014, we entered into agreements to sell our wireless spectrum licenses and certain other assets related to our wireless business. The agreement to sell our wireless spectrum licenses closed on September 30, 2014, for cash proceeds of $194.4 million . Simultaneously, we entered into a separate agreement to use certain spectrum licenses for $8.00 until we no longer provided wireless service. Effective March 31, 2015, all wireless subscribers were migrated off our network and we ceased providing wireless services and operations. Certain wireless tower lease obligations and other assets were transferred to the acquiring company on April 1, 2015. On January 24, 2013, we completed the initial public offering ("IPO") of CyrusOne Inc. ("CyrusOne"), which owns and operates our former Data Center Colocation segment. CyrusOne conducts its data center business through CyrusOne LP, an operating partnership. On April 7, 2015, we sold 14.3 million operating partnership units of CyrusOne LP to CyrusOne, Inc. at a price of $29.88 per unit for proceeds of $426.0 million . As of June 30, 2015 , we effectively owned 18% of CyrusOne, which was held in the form of 1.9 million shares of registered common stock of CyrusOne Inc. and 12.3 million economically equivalent partnership units in CyrusOne LP. We account for this investment using the equity method. On July 1, 2015, we sold 6.0 million operating partnership units of CyrusOne LP to CyrusOne, Inc. at a price of $28.41 per unit for proceeds of $170.3 million , and after such sale, we effectively own 11% of CyrusOne. In conjunction with the ratification of the agreement with the Communications Workers of America ("CWA") in February 2015, the remaining bargained pension plan credits were frozen effective May 1, 2015 resulting in an actuarial remeasurement of the pension plan as of that date. Refer to Note 8 for additional details. The Company has receivables with one Fortune 10 industrial customer that makes up 23% and 26% of the outstanding accounts receivable balance at June 30, 2015 and December 31, 2014, respectively. This same customer represented 11% and 12% of consolidated revenue for the three and six months ended June 30, 2015, respectively, and represented 19% and 15% of consolidated revenue for the three and six months ended June 30, 2014, respectively. Basis of Presentation — The Condensed 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, other comprehensive income, financial position and cash flows for each period presented. The adjustments referred to above are of a normal and recurring nature. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been condensed or omitted pursuant to SEC rules and regulations for interim reporting. The Condensed Consolidated Balance Sheet as of December 31, 2014 was derived from audited financial statements, but does not include all disclosures required by U.S. GAAP. These Condensed Consolidated Financial Statements should be read in conjunction with the Company’s 2014 Annual Report on Form 10-K. Operating results for the three and six months ended June 30, 2015 are not necessarily indicative of the results expected for the full year or any other interim period. The closing of our wireless operations in March 2015 represents a strategic shift in our business. Therefore, certain wireless assets, liabilities and results of operations are reported as discontinued operations in our financial statements. Accordingly, the Company has recast its prior period results to be comparable with the current discontinued operations presentation with the exception of the Condensed Consolidated Statements of Cash Flows. See Note 2 for all required disclosures. Use of Estimates — Preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported. Actual results could differ from those estimates. In the normal course of business, the Company is 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 U.S. GAAP. Such matters are subject to many uncertainties and outcomes that are not predictable with assurance. Equity Method Investments — Effective January 24, 2013, the completion date of CyrusOne's IPO, 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 Condensed Consolidated Statement of Operations. For the three and six months ended June 30, 2015, the Company received cash dividends from CyrusOne totaling $9.0 million and $ 15.0 million , respectively. For the three and six months ended June 30, 2014, the Company received cash dividends from CyrusOne totaling $9.3 million and $16.4 million , respectively. Dividends from CyrusOne are recognized as a reduction of the cost of our investment. During the second quarter of 2014, we invested a total of $5.5 million in other entities, which are accounted for as equity method investments, and the carrying value has been recorded in "Other noncurrent assets" in the Condensed Consolidated Balance Sheets. The Company's proportionate share of their respective net income is recorded in "Other expense (income), net" in the Condensed Consolidated Statement of Operations. Income Taxes — The Company’s income tax provision for interim periods is determined through the use of an estimated annual effective tax rate applied to year-to-date ordinary income, as well as the tax effects associated with discrete items. The Company expects its effective rate to exceed statutory rates primarily due to non-deductible expenses, including interest on securities originally issued to acquire its broadband business or securities subsequently issued to refinance those securities. These securities were repaid in full in the second quarter of 2015. Recently Issued Accounting Standards — In April 2015, the FASB issued Accounting Standard Update ("ASU") 2015-05, Intangibles-Goodwill and Other-Internal-Use Software, which amends ASC 350-40 to provide customers with guidance on determining whether a cloud computing arrangement contains a software license that should be accounted for as internal-use software. The standard will be effective on January 1, 2016 and can be adopted retrospectively or prospectively to arrangements entered into, or materially modified, after the effective date. The Company is currently in the process of evaluating the impact of adoption of this ASU on the Company’s consolidated financial statements. In April 2015, the FASB issued ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs, which changes the presentation of debt issuance costs in the financial statements. The amendments in this update require companies to present such costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset and to record amortization of the costs as interest expense. The standard will be effective on January 1, 2016 and will be applied retrospectively for prior periods. The Company estimates approximately $10 million of debt issuance costs will be reclassified from "Other non-current assets" to "Long term debt, less current portion" on the Condensed Consolidated Balance Sheets on the date of adoption. The adoption is not expected to impact the Statement of Operations. On January 9, 2015, the FASB issued ASU 2015-01, Income Statement-Extraordinary and Unusual Items. The updated standard will no longer allow for transactions that are unusual in nature and occur infrequently to be presented net-of-tax after income from continuing operations as an extraordinary item in the statements of operations. Under the new guidance, these transactions will be separately presented within income from continuing operations similar to current guidance for transactions that are unusual in nature or occur infrequently. The standard will be effective for us on January 1, 2016. The adoption of this pronouncement is not expected to have a material impact on our financial statements as there are no transactions presented as an extraordinary item. In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties About an Entity's Ability to Continue as a Going Concern. The amendments provide guidance about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. The standard will be effective for us on January 1, 2016. The adoption of this pronouncement is not expected to have a material impact on our financial statements. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers. The standard’s core principle is that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. This standard also includes expanded disclosure requirements that result in an entity providing users of financial statements with comprehensive information about the nature, amount, timing, and uncertainty of revenue and cash flows arising from the entity’s contracts with customers. This standard will be effective for us in the first quarter of the fiscal year ending December 31, 2018. The Company is continuing to evaluate the impact of adoption of this ASU on the Company’s consolidated financial statements. In April 2014, the FASB issued ASU 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. The amendments in this update increased the threshold for a disposal to qualify as a discontinued operation and require new disclosures of both discontinued operations and certain other disposals that do not meet the definition of a discontinued operation. The standard was effective for us on January 1, 2015 and the amended guidance has been applied to the discontinuation of our wireless operations. For a full discussion of discontinued operations and required disclosures reference Note 2.

Discontinued Operations (Notes)

Discontinued Operations (Notes)	6 Months Ended
	Jun. 30, 2015
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	Discontinued Operations Cincinnati Bell Wireless LLC ("CBW"), our former Wireless segment, provided digital wireless voice and data communications services to customers in the Company’s licensed service territory, which included Greater Cincinnati and Dayton, Ohio, and areas of northern Kentucky and southeastern Indiana. The Company’s customers were also able to place and receive wireless calls nationally and internationally due to roaming agreements the Company had with other carriers. In the second quarter of 2014, we entered into agreements to sell our wireless spectrum licenses and certain other assets related to our wireless business, including leases to certain wireless towers and related equipment and other assets. The agreement to sell our spectrum licenses closed on September 30, 2014 for cash proceeds of $194.4 million . Prior to this date, the Company's digital wireless network utilized 50 MHz of licensed spectrum in the Cincinnati area and 40 MHz of licensed spectrum in the Dayton area, which had a carrying value of $88.2 million . Simultaneous with the close of the spectrum sale, the Company entered into a separate agreement to use certain wireless spectrum licenses for $8.00 until we no longer provided wireless service. We ceased providing wireless service effective March 31, 2015 . The fair value of the lease, which is considered a Level 3 measurement based on other comparable transactions, totaled $6.4 million and was recorded as a prepaid expense and amortized over a six month period ending March 31, 2015 . As of March 31, 2015, there were no subscribers remaining on the network and we no longer required the use of the spectrum being leased. Therefore, the $112.6 million gain on the sale of the wireless spectrum licenses, which had been previously deferred, was recognized in Income (loss) from discontinued operations, net of tax in the Condensed Consolidated Statements of Operations for the three months ended March 31, 2015. On April 1, 2015, we transferred certain other assets related to our wireless business, including leases to certain wireless towers and related equipment and other assets, which resulted in a gain of $15.9 million in the second quarter of 2015. As a result, we removed the following assets and liabilities in the second quarter of 2015. (dollars in millions) As of April 1, 2015 Property, plant and equipment, net $ 16.0 Current portion of long-term debt 0.5 Long-term debt, less current portion 24.8 Other non-current liabilities 6.6 Total liabilities $ 31.9 Wireless financial results for the three and six months ended June 30, 2015 and 2014 reported as Income (loss) from discontinued operations, net of tax on the Condensed Consolidated Statements of Operations are as follows: Three Months Ended Six Months Ended June 30, June 30, (dollars in millions) 2015 2014 2015 2014 Revenue $ — $ 41.2 $ 4.4 $ 85.9 Costs and expenses Cost of products and services — 19.7 12.0 39.5 Selling, general and administrative 0.9 5.2 2.2 11.4 Depreciation and amortization expense — 29.3 28.6 45.1 Restructuring charge — 5.2 6.4 5.2 Amortization of deferred gain — (6.5 ) (6.5 ) (10.1 ) Total operating costs and expenses 0.9 52.9 42.7 91.1 Operating loss (0.9 ) (11.7 ) (38.3 ) (5.2 ) Interest (income) expense (0.9 ) 1.2 (1.7 ) 2.7 Other (income) expense (0.1 ) 1.0 (0.1 ) 1.9 Gain on transfer of tower lease obligations and other assets 15.9 — 15.9 — Gain on sale of wireless spectrum licenses — — 112.6 — Income (loss) before income taxes 16.0 (13.9 ) 92.0 (9.8 ) Income tax expense (benefit) 5.1 (4.4 ) 32.2 (1.4 ) Income (loss) from discontinued operations $ 10.9 $ (9.5 ) $ 59.8 $ (8.4 ) Wireless assets and liabilities presented as discontinued operations as of June 30, 2015 and December 31, 2014 are as follows: (dollars in millions) June 30, 2015 December 31, 2014 Current assets Prepaid rent - spectrum license $ — $ 3.2 Other current assets 1.6 1.5 Total current assets from discontinued operations 1.6 4.7 Property, plant and equipment — 44.1 Other noncurrent assets — 0.5 Total noncurrent assets from discontinued operation — 44.6 Total assets from discontinued operations $ 1.6 $ 49.3 Current liabilities Current portion of long-term debt $ — $ 1.6 Accounts payable 2.0 5.0 Restructuring liability 14.1 15.4 Deferred gain on sale of wireless spectrum licenses — 112.6 Other current liabilities 3.7 7.4 Total current liabilities from discontinued operations 19.8 142.0 Long-term debt, less current portion — 81.6 Deferred gain on sale of towers — 13.1 Non-current restructuring liability 2.1 — Other noncurrent liabilities — 8.0 Total noncurrent liabilities from discontinued operations 2.1 102.7 Total liabilities from discontinued operations $ 21.9 $ 244.7 Certain capital lease and retirement obligations were reported as liabilities from discontinued operations as of December 31, 2014 as we continued to operate the wireless business at that time. The following capital lease and asset retirement obligations will be retained by the Company and have not been included in liabilities from discontinued operations at June 30, 2015: Continuing Operations Discontinued Operations As of June 30, 2015 As of December 31, 2014 (dollars in millions) Current portion of long-term debt $ 1.1 $ 1.1 Long-term debt, less current portion 52.8 57.0 Other noncurrent liabilities 9.4 7.5 Total liabilities $ 63.3 $ 65.6 Following is selected operating and investing cash flow activity from discontinued operations included in Condensed Consolidated Statements of Cash Flows: Six Months Ended June 30, (dollars in millions) 2015 2014 Depreciation and amortization 28.6 45.1 Amortization of deferred gain on sale of towers (6.5 ) (10.1 ) Non-cash spectrum lease 3.2 — Deferred gain on sale of spectrum licenses (112.6 ) — Gain on transfer of tower lease obligations and other assets (15.9 ) — Restructuring payments (6.0 ) (0.6 ) Capital expenditures — (6.2 )

Investment in CyrusOne

Investment in CyrusOne	6 Months Ended
	Jun. 30, 2015
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 IPO of CyrusOne, our former Data Center Colocation segment. As of that date, we no longer control CyrusOne's operations. Commencing January 17, 2014, we are permitted to 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 restricted the volume of shares we are permitted to sell. The registration statement filed by CyrusOne on March 24, 2014 became effective on April 4, 2014 and eliminated all prior limitations restricting the volume of shares we are allowed to sell. In the second quarter of 2014, we sold 16.0 million operating partnership units of CyrusOne LP to CyrusOne, Inc. at a price of $22.26 per unit. The sale generated proceeds of $355.9 million and resulted in a gain of $192.8 million . On April 7, 2015, we sold 14.3 million operating partnership units of CyrusOne LP to CyrusOne, Inc. at a price of $29.88 per unit. The sale generated proceeds of $426.0 million and resulted in a gain of $295.2 million that was recognized in the second quarter of 2015. As of June 30, 2015 , we effectively owned 18% of CyrusOne, which was held in the form of 1.9 million shares of registered common stock of CyrusOne Inc. and 12.3 million economically equivalent partnership units in CyrusOne LP. We account for this investment using the equity method. As of June 30, 2015 , the fair value of this investment was $419.1 million based on the quoted market price of CyrusOne's common stock, which is considered a Level 1 measurement in the fair value hierarchy. For the three and six months ended June 30, 2015 , our equity method share of CyrusOne's net loss was $1.3 million and $4.4 million , respectively. For the three and six months ended June 30, 2014 our equity method share of CyrusOne's net loss was $2.4 million and $1.9 million , respectively. On July 1, 2015, we sold 6.0 million operating partnership units of CyrusOne LP to CyrusOne, Inc. at a price of $28.41 per unit. The sale generated proceeds of $170.3 million and resulted in a gain of $117.7 million that will be recognized in the third quarter of 2015. After completion of the sale, we effectively own 11% of CyrusOne, which is held in the form of 1.9 million shares of registered common stock of CyrusOne Inc. and 6.3 million economically equivalent partnership units in CyrusOne LP. Summarized financial information for CyrusOne is as follows: Three Months Ended Six Months Ended June 30, June 30, (dollars in millions) 2015 2014 2015 2014 Revenue $ 89.1 $ 81.7 $ 174.8 $ 159.2 Operating income 2.6 7.4 4.2 19.2 Net loss (6.5 ) (3.6 ) (13.7 ) (2.9 ) Transactions with CyrusOne Revenues - The Company records 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 - 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 which are billed based on agreed-upon rates. Revenues and operating costs and expenses from transactions with CyrusOne were as follows: Three Months Ended Six Months Ended June 30, June 30, (dollars in millions) 2015 2014 2015 2014 Revenue: Services provided to CyrusOne $ 0.4 $ 0.4 $ 0.7 $ 0.9 Operating costs and expenses: Charges for services provided by CyrusOne 2.5 2.3 5.0 4.6 Administrative services provided to CyrusOne (0.1 ) (0.1 ) (0.2 ) (0.2 ) Total operating costs and expenses $ 2.4 $ 2.2 $ 4.8 $ 4.4 Dividends of $9.0 million were received in the second quarter of 2015. Additionally, on May 7, 2015, CyrusOne declared dividends of $0.315 per share payable on its common shares and CyrusOne LP partnership units. This dividend was paid on July 15, 2015 to holders of record as of June 26, 2015. 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 the Texas Margin Tax return for the period ending December 31, 2014 is filed. As of June 30, 2015 and December 31, 2014, the receivable related to this agreement amounted to $0.7 million and $1.7 million , respectively. These balances are included in Receivable from CyrusOne. At June 30, 2015 and December 31, 2014, amounts receivable from and payable to CyrusOne were as follows: June 30, December 31, (dollars in millions) 2015 2014 Accounts receivable $ 0.7 $ 1.7 Dividends receivable 4.5 6.0 Receivable from CyrusOne $ 5.2 $ 7.7 Accounts payable $ 1.6 $ 0.4 Payable to CyrusOne $ 1.6 $ 0.4

Earnings Per Common Share

Earnings Per Common Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per 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: Three Months Ended Three Months Ended June 30, 2015 June 30, 2014 (in millions, except per share amounts) Continuing Operations Discontinued Operations Total Continuing Operations Discontinued Operations Total Numerator: Net income (loss) $ 180.7 $ 10.9 $ 191.6 $ 123.7 $ (9.5 ) $ 114.2 Preferred stock dividends (1) 2.6 — 2.6 2.6 — 2.6 Net income (loss) applicable to common shareowners - basic and diluted $ 178.1 $ 10.9 $ 189.0 $ 121.1 $ (9.5 ) $ 111.6 Denominator: Weighted average common shares outstanding - basic 209.7 209.7 209.7 208.5 208.5 208.5 Stock-based compensation arrangements 0.4 0.4 0.4 0.9 0.9 0.9 Conversion of preferred shares 4.5 4.5 4.5 — — — Weighted average common shares outstanding - diluted 214.6 214.6 214.6 209.4 209.4 209.4 Basic earnings (loss) per common share $ 0.85 $ 0.05 $ 0.90 $ 0.58 $ (0.04 ) $ 0.54 Diluted earnings (loss) per common share $ 0.84 $ 0.05 $ 0.89 $ 0.58 $ (0.05 ) $ 0.53 (1) Calculation of diluted earnings per common share for the three months ended June 30, 2015 excludes preferred stock dividends as the preferred shares are considered converted. Six Months Ended Six Months Ended June 30, 2015 June 30, 2014 (in millions, except per share amounts) Continuing Operations Discontinued Operations Total Continuing Operations Discontinued Operations Total Numerator: Net income (loss) $ 181.0 $ 59.8 $ 240.8 $ 129.6 $ (8.4 ) $ 121.2 Preferred stock dividends 5.2 — 5.2 5.2 — 5.2 Net income (loss) applicable to common shareowners - basic and diluted $ 175.8 $ 59.8 $ 235.6 $ 124.4 $ (8.4 ) $ 116.0 Denominator: Weighted average common shares outstanding - basic 209.4 209.4 209.4 208.2 208.2 208.2 Stock-based compensation arrangements 0.7 0.7 0.7 1.0 1.0 1.0 Weighted average common shares outstanding - diluted 210.1 210.1 210.1 209.2 209.2 209.2 Basic earnings (loss) per common share $ 0.84 $ 0.29 $ 1.13 $ 0.60 $ (0.04 ) $ 0.56 Diluted earnings (loss) per common share $ 0.84 $ 0.28 $ 1.12 $ 0.59 $ (0.04 ) $ 0.55 For the three and six months ended June 30, 2015 , awards under the Company's stock-based compensation plans for common shares of 3.4 million and 3.7 million , respectively, were excluded from the computation of diluted EPS as the inclusion would have been anti-dilutive. For the three and six months ended June 30, 2014 , awards under the Company's stock-based compensation plans for common shares of 3.2 million and 3.5 million , respectively, were excluded from the computation of diluted EPS as the inclusion would have been anti-dilutive. For all periods presented with the exception of the three months ended June 30, 2015 , preferred stock convertible into 4.5 million common shares was excluded as it was anti-dilutive.

Debt

Debt	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	Debt The Company’s debt consists of the following: (dollars in millions) June 30, December 31, Current portion of long-term debt: Corporate Credit Agreement - Tranche B Term Loan $ 5.4 $ 5.4 Capital lease obligations and other debt 7.1 6.2 Current portion of long-term debt 12.5 11.6 Long-term debt, less current portion: Receivables facility 2.6 19.2 8 3/4% Senior Subordinated Notes due 2018 — 300.0 Corporate Credit Agreement - Tranche B Term Loan 525.2 527.8 8 3/8% Senior Notes due 2020 616.1 661.2 7 1/4% Senior Notes due 2023 40.0 40.0 Various Cincinnati Bell Telephone notes 134.5 134.5 Capital lease obligations and other debt 62.2 9.9 1,380.6 1,692.6 Net unamortized discount (1.6 ) (3.2 ) Long-term debt, less current portion 1,379.0 1,689.4 Total debt $ 1,391.5 $ 1,701.0 The Company entered into an Incremental Assumption Agreement to the Company's existing Corporate Credit Agreement on April 6, 2015. Effective with the consummation of the sale of 14.3 million CyrusOne LP operating partnership units on April 7, 2015, the aggregate available borrowings on the Corporate Credit Agreement's revolving credit facility increased to $175.0 million for the remainder of the term. There were no outstanding borrowings on the Corporate Credit Agreement's revolving credit facility, leaving $175.0 million available for borrowings as of June 30, 2015 . This revolving credit facility expires in July 2017. On June 1, 2015, the Company executed an amendment of its accounts receivable securitization facility (“Receivables Facility”). The amendment replaced, amended, and added certain provisions and definitions to increase the credit availability, renew the facility, which is subject to renewal every 364 days, until May 30, 2016, extend the facility's termination date to May 30, 2018, and include a Libor Market Index Rate floor of zero. As of June 30, 2015 , the Company had $2.6 million of borrowings and $6.3 million of letters of credit outstanding under the Receivables Facility, leaving $110.4 million remaining availability on the total borrowing capacity of $119.3 million . In the event the Receivables Facility is not renewed, the Company has the ability to refinance any outstanding borrowings with borrowings under the Corporate Credit Agreement. Under the terms of the Receivables Facility, the Company could obtain up to $120.0 million depending on the quantity and quality of accounts receivable. Under this agreement, certain subsidiaries, or originators, sell their respective trade receivables on a continuous basis to Cincinnati Bell Funding LLC (“CBF”). 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 Company. On May 7, 2015, the Company redeemed $300.0 million of its outstanding 8 ¾% Senior Subordinated Notes due 2018, at a redemption rate of 102.188% . As a result, a loss on extinguishment of debt of $10.4 million was recorded in the second quarter of 2015. Additionally, during the second quarter of 2015, the Company redeemed $45.1 million of its outstanding 8 3 / 8 % Senior Notes due 2020 at an average redemption price of 106.450% which resulted in recording a loss on extinguishment of debt of $3.1 million . Subsequent to June 30, 2015, the Company redeemed $107.9 million of its outstanding 8 3 / 8 % Senior Notes due 2020 at an average redemption price of 105.300% which will result in recording a loss on extinguishment of debt of approximately $6 million in the third quarter of 2015.

Financial Instruments and Fair

Financial Instruments and Fair Value Measurements	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	Financial Instruments and Fair Value Measurements The carrying values of the Company's financial instruments approximate the estimated fair values as of June 30, 2015 and December 31, 2014 , except for the Company's investment in CyrusOne and long-term debt. The carrying and fair values of these financial instruments are as follows: June 30, 2015 December 31, 2014 (dollars in millions) Carrying Value Fair Value Carrying Value Fair Value Investment in CyrusOne $ 124.9 $ 419.1 $ 273.6 $ 785.0 Long-term debt, including current portion* 1,323.2 1,353.2 1,686.1 1,717.4 *Excludes capital leases. The fair value of our investment in CyrusOne was based on the closing market price of CyrusOne's common stock on June 30, 2015 and December 31, 2014 . This fair value measurement is considered Level 1 of the fair value hierarchy. The fair value of our long-term debt was based on closing or estimated market prices of the Company’s debt at June 30, 2015 and December 31, 2014 , which is considered Level 2 of the fair value hierarchy.

Restructuring Charges

Restructuring Charges	6 Months Ended
	Jun. 30, 2015
Restructuring and Related Activities [Abstract]
Restructuring and Related Activities Disclosure [Text Block]	Restructuring Charges As of June 30, 2015, restructuring liabilities have been established for employee separations, lease abandonments and contract terminations. A summary of the activity in our restructuring liabilities is presented below: (dollars in millions) Employee Separation Lease Abandonment Other Total Balance as of December 31, 2014 $ 3.0 $ 1.8 $ 0.1 $ 4.9 Charges 2.2 — 1.2 3.4 Utilization (3.1 ) (0.2 ) (1.2 ) (4.5 ) Balance as of March 31, 2015 $ 2.1 $ 1.6 $ 0.1 $ 3.8 Charges 0.9 0.2 1.2 2.3 Utilizations (1.5 ) (0.8 ) (1.2 ) (3.5 ) Balance as of June 30, 2015 $ 1.5 $ 1.0 $ 0.1 $ 2.6 The Company made severance payments during the three and six months ended June 30, 2015 pursuant to its written severance plan. Lease abandonment costs represent future minimum lease obligations, net of expected sublease income, for abandoned facilities. Lease payments on abandoned facilities will continue through 2019. Other represents project related expenses as we continue to identify opportunities to integrate the business markets within our Entertainment and Communications and IT Services & Hardware segment. A summary of restructuring activity by business segment is presented below: ( dollars in millions ) Entertainment and Communications IT Services and Hardware Corporate Total Balance as of December 31, 2014 $ 3.9 $ 0.3 $ 0.7 $ 4.9 Charges 0.8 2.2 0.4 3.4 Utilization (3.2 ) (0.8 ) (0.5 ) (4.5 ) Balance as of March 31, 2015 $ 1.5 $ 1.7 $ 0.6 $ 3.8 Charges 0.8 0.3 1.2 2.3 Utilizations (1.1 ) (0.8 ) (1.6 ) (3.5 ) Balance as of June 30, 2015 $ 1.2 $ 1.2 $ 0.2 $ 2.6 At June 30, 2015 and December 31, 2014 , $2.4 million and $4.9 million , respectively, of the restructuring liabilities were included in “Other current liabilities,” and $0.2 million was included in “Other noncurrent liabilities” in the Condensed Consolidated Balance Sheets as of June 30, 2015 .

Pension and Postretirement Plan

Pension and Postretirement Plans	6 Months Ended
	Jun. 30, 2015
General Discussion of Pension and Other Postretirement Benefits [Abstract]
Pension and Other Postretirement Benefits Disclosure [Text Block]	Pension and Postretirement Plans The Company sponsors three noncontributory defined benefit plans and a postretirement health and life insurance plan. For the three and six months ended June 30, 2015 and 2014 , approximately 10% of the costs were capitalized as a component of property, plant and equipment related to construction of our copper and fiber networks. During the second quarter of 2015, the bargained pension plan was amended to eliminate all future pension credits and transition benefits. As a result, we recognized a curtailment loss of $0.3 million in the three months ended June 30, 2015 and remeasured the associated pension obligation. This remeasurement resulted in a decrease of our pension liability of $1.7 million . For the three and six months ended June 30, 2015 and 2014 , pension and postretirement benefit costs were as follows: Three Months Ended June 30, 2015 2014 2015 2014 (dollars in millions) Pension Benefits Postretirement and Other Benefits Service cost $ 0.3 $ 0.2 $ — $ — Interest cost on projected benefit obligation 4.9 6.0 0.9 1.1 Expected return on plan assets (7.3 ) (7.3 ) — — Curtailment loss 0.3 — — — Amortization of: Prior service cost (benefit) — 0.1 (3.8 ) (3.9 ) Actuarial loss 9.4 3.4 1.3 1.4 Total amortization 9.4 3.5 (2.5 ) (2.5 ) Benefit costs $ 7.6 $ 2.4 $ (1.6 ) $ (1.4 ) Six Months Ended June 30, 2015 2014 2015 2014 (dollars in millions) Pension Benefits Postretirement and Other Benefits Service cost $ 0.3 $ 0.5 $ 0.1 $ 0.1 Interest cost on projected benefit obligation 9.5 10.5 1.7 2.0 Expected return on plan assets (14.5 ) (14.1 ) — — Curtailment loss 0.3 — — — Amortization of: Prior service cost (benefit) 0.1 0.1 (7.7 ) (7.7 ) Actuarial loss 14.5 8.7 2.7 2.7 Total amortization 14.6 8.8 (5.0 ) (5.0 ) Benefit costs $ 10.2 $ 5.7 $ (3.2 ) $ (2.9 ) Amortizations of prior service cost (benefit) and actuarial loss represent reclassifications from accumulated other comprehensive income. Contributions in 2015 to the Company’s pension and postretirement plans are expected to be approximately $20 million . For the six months ended June 30, 2015 , contributions to the pension plans were $11.1 million and contributions to the postretirement plan were $4.3 million .

Stock-Based and Other Compensat

Stock-Based and Other Compensation Plans	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments and Other Compensation [Text Block]	Stock-Based and Other Compensation Plans The Company grants stock options, stock appreciation rights (“SARs”), long-term incentive plan performance-based awards, and time-based restricted shares, some of which are cash-settled awards with the final payment indexed to the percentage change in the Company’s stock price from the date of grant. For the three and six months ended June 30, 2015, the Company recognized stock-based compensation expense of $1.3 million and $3.3 million , respectively, inclusive of $0.5 million and $0.9 million of mark-to-market expense on awards indexed to the Company's stock price. For the three and six months ended June 30, 2014, the Company recognized stock-based compensation expense of $1.7 million and $2.6 million , respectively, which reflected $0.4 million and $0.2 million of mark-to-market expense on awards indexed to the Company's stock price. As of June 30, 2015 , there was $14.3 million of unrecognized compensation expense related to these awards. The remaining compensation expense for the stock options, SARs and restricted awards is expected to be recognized over a weighted-average period of approximately two years, and the remaining expense for long-term incentive plan performance-based awards will be recognized within approximately two years. The Company also has deferred compensation plans for its Board of Directors and certain executives. Under these plans, participants can elect to invest their deferrals in the Company’s common stock. At June 30, 2015 and 2014 , the number of common shares deferred under these plans was 0.3 million and 0.6 million , respectively. As these awards can be settled in cash, the Company records compensation costs each period based on the change in the Company’s stock price. For the three and six months ended June 30, 2015 , the Company recognized expense of $0.1 million and $0.2 million , respectively. The Company recognized expense of $0.4 million for each of the three and six months ended June 30, 2014.

Shareowners' Deficit

Shareowners' Deficit	6 Months Ended
	Jun. 30, 2015
Shareowners' Deficit [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	Shareowners' Deficit Accumulated Other Comprehensive Loss For the six months ended June 30, 2015 , 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, 2014 $ (173.6 ) $ (0.3 ) $ (173.9 ) Reclassifications, net 6.4 (a) — 6.4 Remeasurement of benefit obligations 1.1 — 1.1 Foreign currency loss — (0.1 ) (0.1 ) Balance as of June 30, 2015 $ (166.1 ) $ (0.4 ) $ (166.5 ) (a) These reclassifications are included in the components of net periodic pension and postretirement benefit costs (see Note 8 for additional details). The components of net periodic pension and postretirement benefit cost are reported within "Cost of services," "Cost of products sold," and "Selling, general and administrative" expenses on the Condensed Consolidated Statements of Operations.

Business Segment Information

Business Segment Information	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	Business Segment Information The Company’s segments are strategic business units that offer distinct products and services and are aligned with its internal management structure and reporting. The Entertainment and Communications segment provides products and services such as data transport, high-speed internet, entertainment, local voice, long distance, voice over internet protocol (VoIP) and other services. 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. Certain corporate administrative expenses have been allocated to the segments based upon the nature of the expense and the relative size of the segment. Intercompany transactions between segments have been eliminated. Selected financial data for the Company’s business segment information is as follows: Three Months Ended Six Months Ended June 30, June 30, (dollars in millions) 2015 2014 2015 2014 Revenue Entertainment and Communications $ 182.4 $ 184.7 $ 370.5 $ 368.3 IT Services and Hardware 106.3 101.6 213.9 203.5 Intersegment (2.9 ) (3.3 ) (5.7 ) (6.6 ) Total revenue $ 285.8 $ 283.0 $ 578.7 $ 565.2 Intersegment revenue Entertainment and Communications $ 0.4 $ 0.3 $ 0.7 $ 0.5 IT Services and Hardware 2.5 3.0 5.0 6.1 Total intersegment revenue $ 2.9 $ 3.3 $ 5.7 $ 6.6 Operating income Entertainment and Communications $ 30.1 $ 49.6 $ 71.4 $ 101.4 IT Services and Hardware 6.2 2.8 7.3 8.2 Corporate (6.6 ) (5.1 ) (11.9 ) (11.9 ) Total operating income $ 29.7 $ 47.3 $ 66.8 $ 97.7 Expenditures for long-lived assets Entertainment and Communications $ 70.1 $ 38.1 $ 124.1 $ 64.3 IT Services and Hardware 4.4 2.5 8.3 5.0 Corporate 0.1 — 0.1 — Total expenditures for long-lived assets $ 74.6 $ 40.6 $ 132.5 $ 69.3 Depreciation and amortization Entertainment and Communications $ 31.0 $ 28.2 $ 60.5 $ 56.3 IT Services and Hardware 3.0 2.8 6.1 5.6 Corporate — — — 0.2 Total depreciation and amortization $ 34.0 $ 31.0 $ 66.6 $ 62.1 June 30, December 31, Assets Entertainment and Communications $ 911.5 $ 833.2 IT Services and Hardware 62.3 61.4 Total assets from discontinued operations 1.6 49.3 Corporate and eliminations 534.2 876.8 Total assets $ 1,509.6 $ 1,820.7

Supplemental Guarantor Informat

Supplemental Guarantor Information	6 Months Ended
	Jun. 30, 2015
Supplemental Guarantor Information Abstract
Supplemental Guarantor Information	Supplemental Guarantor Information Cincinnati Bell Telephone Notes As of June 30, 2015, Cincinnati Bell Telephone Company LLC (“CBT”), a wholly-owned subsidiary of Cincinnati Bell Inc. (the “Parent Company”), had $134.5 million in notes outstanding 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. During the first six months of 2015, certain entities issued dividends to the Parent Company which impacted equity and intercompany accounts on the balance sheets of certain non-guarantor entities. The following information sets forth the Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) for the three and six months ended June 30, 2015 and 2014 , Condensed Consolidating Balance Sheets as of June 30, 2015 and December 31, 2014 , and Condensed Consolidating Statements of Cash Flows for the six months ended June 30, 2015 and 2014 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) Three Months Ended June 30, 2015 (dollars in millions) Parent (Guarantor) CBT (Issuer) Other Non-guarantors Eliminations Total Revenue $ — $ 161.5 $ 134.0 $ (9.7 ) $ 285.8 Operating costs and expenses 6.4 133.7 125.7 (9.7 ) 256.1 Operating income (loss) (6.4 ) 27.8 8.3 — 29.7 Interest expense (income), net 28.4 (0.3 ) (0.1 ) — 28.0 Other expense (income), net 13.1 1.6 (295.1 ) — (280.4 ) Income (loss) before equity in earnings of subsidiaries and income taxes (47.9 ) 26.5 303.5 — 282.1 Income tax expense (benefit) (15.6 ) 9.4 107.6 — 101.4 Equity in earnings of subsidiaries, net of tax 223.9 — — (223.9 ) — Income (loss) from continuing operations 191.6 17.1 195.9 (223.9 ) 180.7 Income (loss) from discontinued operations, net of tax — — 10.9 — 10.9 Net income (loss) 191.6 17.1 206.8 (223.9 ) 191.6 Other comprehensive income (loss) 5.8 — 0.2 — 6.0 Total comprehensive income (loss) $ 197.4 $ 17.1 $ 207.0 $ (223.9 ) $ 197.6 Net income (loss) 191.6 17.1 206.8 (223.9 ) 191.6 Preferred stock dividends 2.6 — — — 2.6 Net income (loss) applicable to common shareowners $ 189.0 $ 17.1 $ 206.8 $ (223.9 ) $ 189.0 Three Months Ended June 30, 2014 Parent (Guarantor) CBT (Issuer) Other Non-guarantors Eliminations Total Revenue $ — $ 164.3 $ 128.8 $ (10.1 ) $ 283.0 Operating costs and expenses 5.2 116.6 124.0 (10.1 ) 235.7 Operating income (loss) (5.2 ) 47.7 4.8 — 47.3 Interest expense (income), net 37.4 (1.0 ) 3.1 — 39.5 Other expense (income), net (0.5 ) 2.0 (192.8 ) — (191.3 ) Income (loss) before equity in earnings of subsidiaries and income taxes (42.1 ) 46.7 194.5 — 199.1 Income tax expense (benefit) (11.5 ) 16.9 70.0 — 75.4 Equity in earnings of subsidiaries, net of tax 144.8 — — (144.8 ) — Income (loss) from continuing operations 114.2 29.8 124.5 (144.8 ) 123.7 Income (loss) from discontinued operations, net of tax — — (9.5 ) — (9.5 ) Net income (loss) 114.2 29.8 115.0 (144.8 ) 114.2 Other comprehensive income (loss) 0.6 — — — 0.6 Total comprehensive income (loss) $ 114.8 $ 29.8 $ 115.0 $ (144.8 ) $ 114.8 Net income (loss) 114.2 29.8 115.0 (144.8 ) 114.2 Preferred stock dividends 2.6 — — — 2.6 Net income (loss) applicable to common shareowners $ 111.6 $ 29.8 $ 115.0 $ (144.8 ) $ 111.6 Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) Six Months Ended June 30, 2015 (dollars in millions) Parent (Guarantor) CBT (Issuer) Other Non-guarantors Eliminations Total Revenue $ — $ 329.1 $ 269.0 $ (19.4 ) $ 578.7 Operating costs and expenses 11.7 262.6 257.0 (19.4 ) 511.9 Operating income (loss) (11.7 ) 66.5 12.0 — 66.8 Interest expense (income), net 62.3 (1.1 ) (0.5 ) — 60.7 Other expense (income), net 12.7 3.5 (293.1 ) — (276.9 ) Income (loss) before equity in earnings of subsidiaries and income taxes (86.7 ) 64.1 305.6 — 283.0 Income tax expense (benefit) (29.7 ) 23.2 108.5 — 102.0 Equity in earnings of subsidiaries, net of tax 297.8 — — (297.8 ) — Income (loss) from continuing operations 240.8 40.9 197.1 (297.8 ) 181.0 Income (loss) from discontinued operations, net of tax — — 59.8 — 59.8 Net income (loss) 240.8 40.9 256.9 (297.8 ) 240.8 Other comprehensive income (loss) 7.5 — (0.1 ) — 7.4 Total comprehensive income (loss) $ 248.3 $ 40.9 $ 256.8 $ (297.8 ) $ 248.2 Net income (loss) 240.8 40.9 256.9 (297.8 ) 240.8 Preferred stock dividends 5.2 — — — 5.2 Net income (loss) applicable to common shareowners $ 235.6 $ 40.9 $ 256.9 $ (297.8 ) $ 235.6 Six Months Ended June 30, 2014 Parent (Guarantor) CBT (Issuer) Other Non-guarantors Eliminations Total Revenue $ — $ 327.6 $ 257.7 $ (20.1 ) $ 565.2 Operating costs and expenses 11.7 230.3 245.6 (20.1 ) 467.5 Operating income (loss) (11.7 ) 97.3 12.1 — 97.7 Interest expense (income), net 74.1 (1.8 ) 6.0 — 78.3 Other expense (income), net (0.8 ) 3.9 (195.2 ) — (192.1 ) Income (loss) before equity in earnings of subsidiaries and income taxes (85.0 ) 95.2 201.3 — 211.5 Income tax expense (benefit) (24.7 ) 34.8 71.8 — 81.9 Equity in earnings of subsidiaries, net of tax 181.5 — — (181.5 ) — Income (loss) from continuing operations 121.2 60.4 129.5 (181.5 ) 129.6 Income (loss) from discontinued operations, net of tax — — (8.4 ) — (8.4 ) Net income (loss) 121.2 60.4 121.1 (181.5 ) 121.2 Other comprehensive income (loss) 2.4 — — — 2.4 Total comprehensive income (loss) $ 123.6 $ 60.4 $ 121.1 $ (181.5 ) $ 123.6 Net income (loss) 121.2 60.4 121.1 (181.5 ) 121.2 Preferred stock dividends 5.2 — — — 5.2 Net income (loss) applicable to common shareowners $ 116.0 $ 60.4 $ 121.1 $ (181.5 ) $ 116.0 Condensed Consolidating Balance Sheets As of June 30, 2015 (dollars in millions) Parent (Guarantor) CBT (Issuer) Other Non-guarantors Eliminations Total Cash and cash equivalents $ 8.7 $ 3.2 $ 2.9 $ — $ 14.8 Receivables, net 0.7 — 154.5 — 155.2 Other current assets 25.7 31.2 45.3 (1.3 ) 100.9 Other current assets from discontinued operations — — 1.6 — 1.6 Total current assets 35.1 34.4 204.3 (1.3 ) 272.5 Property, plant and equipment, net 0.3 841.1 53.1 — 894.5 Investment in CyrusOne — — 124.9 — 124.9 Goodwill and intangibles, net — 2.2 12.5 — 14.7 Investments in and advances to subsidiaries 984.4 200.4 425.2 (1,610.0 ) — Other noncurrent assets 234.6 4.3 118.5 (154.4 ) 203.0 Total assets $ 1,254.4 $ 1,082.4 $ 938.5 $ (1,765.7 ) $ 1,509.6 Current portion of long-term debt $ 5.4 $ 3.8 $ 3.3 $ — $ 12.5 Accounts payable 1.0 87.6 36.7 — 125.3 Other current liabilities 44.6 52.7 17.8 — 115.1 Other current liabilities from discontinued operations — — 19.8 — 19.8 Total current liabilities 51.0 144.1 77.6 — 272.7 Long-term debt, less current portion 1,179.9 141.8 57.3 — 1,379.0 Other noncurrent liabilities 233.9 170.9 10.2 (155.7 ) 259.3 Other noncurrent liabilities from discontinued operations — — 2.1 — 2.1 Intercompany payables 192.7 — — (192.7 ) — Total liabilities 1,657.5 456.8 147.2 (348.4 ) 1,913.1 Shareowners’ (deficit) equity (403.1 ) 625.6 791.3 (1,417.3 ) (403.5 ) Total liabilities and shareowners’ equity (deficit) $ 1,254.4 $ 1,082.4 $ 938.5 $ (1,765.7 ) $ 1,509.6 As of December 31, 2014 Parent (Guarantor) CBT (Issuer) Other Non-guarantors Eliminations Total Cash and cash equivalents $ 56.2 $ 1.0 $ 0.7 $ — $ 57.9 Receivables, net 2.6 1.0 164.9 — 168.5 Other current assets 4.7 29.3 73.7 (1.2 ) 106.5 Other current assets from discontinued operations — — 4.7 — 4.7 Total current assets 63.5 31.3 244.0 (1.2 ) 337.6 Property, plant and equipment, net 0.2 764.0 51.2 — 815.4 Investment in CyrusOne — — 273.6 — 273.6 Goodwill and intangibles, net — 2.2 12.7 — 14.9 Investments in and advances to subsidiaries 1,066.1 220.8 260.5 (1,547.4 ) — Other noncurrent assets 294.2 4.9 190.5 (155.0 ) 334.6 Other noncurrent assets from discontinued operations — — 44.6 — 44.6 Total assets $ 1,424.0 $ 1,023.2 $ 1,077.1 $ (1,703.6 ) $ 1,820.7 Current portion of long-term debt $ 5.4 $ 3.9 $ 2.3 $ — $ 11.6 Accounts payable 1.0 73.8 57.2 — 132.0 Other current liabilities 52.3 52.8 20.0 0.1 125.2 Other current liabilities from discontinued operations — — 142.0 — 142.0 Total current liabilities 58.7 130.5 221.5 0.1 410.8 Long-term debt, less current portion 1,526.1 141.2 22.1 — 1,689.4 Other noncurrent liabilities 254.1 166.7 1.9 (156.4 ) 266.3 Other noncurrent liabilities from discontinued operations — — 102.7 — 102.7 Intercompany payables 233.4 — — (233.4 ) — Total liabilities 2,072.3 438.4 348.2 (389.7 ) 2,469.2 Shareowners’ (deficit) equity (648.3 ) 584.8 728.9 (1,313.9 ) (648.5 ) Total liabilities and shareowners’ equity (deficit) $ 1,424.0 $ 1,023.2 $ 1,077.1 $ (1,703.6 ) $ 1,820.7 Condensed Consolidating Statements of Cash Flows Six Months Ended June 30, 2015 (dollars in millions) Parent (Guarantor) CBT (Issuer) Other Non-guarantors Eliminations Total Cash flows provided by (used in) operating activities $ (22.9 ) $ 103.9 $ (48.3 ) $ — $ 32.7 Capital expenditures (0.1 ) (119.8 ) (12.6 ) — (132.5 ) Proceeds from sale of CyrusOne — — 426.0 — 426.0 Dividends received from CyrusOne — — 15.0 — 15.0 Proceeds from sale of assets — 0.1 — — 0.1 Distributions received from subsidiaries 5.3 — — (5.3 ) — Funding between Parent and subsidiaries, net — 20.3 (361.5 ) 341.2 — Other investing activities (0.2 ) — — — (0.2 ) Cash flows provided by (used in) investing activities 5.0 (99.4 ) 66.9 335.9 308.4 Funding between Parent and subsidiaries, net 333.6 — 7.6 (341.2 ) — Distributions paid to Parent — — (5.3 ) 5.3 — Net increase (decrease) in corporate credit and receivables facilities with initial maturities less than 90 days — — (16.6 ) — (16.6 ) Repayment of debt (357.2 ) (2.3 ) (1.9 ) — (361.4 ) Debt issuance costs (0.2 ) — (0.2 ) — (0.4 ) Other financing activities (5.8 ) — — — (5.8 ) Cash flows provided by (used in) financing activities (29.6 ) (2.3 ) (16.4 ) (335.9 ) (384.2 ) Increase (decrease) in cash and cash equivalents (47.5 ) 2.2 2.2 — (43.1 ) Beginning cash and cash equivalents 56.2 1.0 0.7 — 57.9 Ending cash and cash equivalents $ 8.7 $ 3.2 $ 2.9 $ — $ 14.8 Six Months Ended June 30, 2014 Parent (Guarantor) CBT (Issuer) Other Non-guarantors Eliminations Total Cash flows provided by (used in) operating activities $ (12.6 ) $ 119.8 $ (13.4 ) $ — $ 93.8 Capital expenditures — (57.4 ) (18.1 ) — (75.5 ) Proceeds from sale of CyrusOne — — 355.9 — 355.9 Dividends received from CyrusOne — — 16.4 — 16.4 Proceeds from sale of assets — 0.2 1.8 — 2.0 Other investing activities (0.2 ) — (5.5 ) — (5.7 ) Cash flows provided by (used in) investing activities (0.2 ) (57.2 ) 350.5 — 293.1 Funding between Parent and subsidiaries, net 402.3 (60.6 ) (341.7 ) — — Net increase (decrease) in corporate credit and receivables facilities with initial maturities less than 90 days (40.0 ) — 8.6 — (31.4 ) Repayment of debt (2.7 ) (2.0 ) (3.6 ) — (8.3 ) Proceeds from exercise of options and warrants 1.2 — — — 1.2 Other financing activities (5.8 ) — — — (5.8 ) Cash flows provided by (used in) financing activities 355.0 (62.6 ) (336.7 ) — (44.3 ) Increase (decrease) in cash and cash equivalents 342.2 — 0.4 — 342.6 Beginning cash and cash equivalents 2.1 1.8 0.7 — 4.6 Ending cash and cash equivalents $ 344.3 $ 1.8 $ 1.1 $ — $ 347.2 Supplemental Guarantor Information - 8 3 / 8 % Senior Notes due 2020 and 8 3 / 4 % Senior Subordinated Notes due 2018 As of June 30, 2015, the Parent Company’s 8 3 / 8 % Senior Notes due 2020 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. During the six months of 2015, certain entities issued dividends to the Parent Company which impacted equity and intercompany accounts on the balance sheets of certain non-guarantor entities. On May 7, 2015, the Company redeemed the remaining $300.0 million of the outstanding 8 3 / 4 % Senior Subordinated Notes due 2018, at a redemption rate of 102.188% . 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 Corporate Credit Agreement. 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 Statements of Operations and Comprehensive Income (Loss) for the three and six months ended June 30, 2015 and 2014 , Condensed Consolidating Balance Sheets as of June 30, 2015 and December 31, 2014 , and Condensed Consolidating Statements of Cash Flows for the six months ended June 30, 2015 and 2014 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) Three Months Ended June 30, 2015 (dollars in millions) Parent (Issuer) Guarantors Non-guarantors Eliminations Total Revenue $ — $ 150.7 $ 144.8 $ (9.7 ) $ 285.8 Operating costs and expenses 6.4 141.8 117.6 (9.7 ) 256.1 Operating income (loss) (6.4 ) 8.9 27.2 — 29.7 Interest expense (income), net 28.4 (0.3 ) (0.1 ) — 28.0 Other expense (income), net 13.1 (290.9 ) (2.6 ) — (280.4 ) Income (loss) before equity in earnings of subsidiaries and income taxes (47.9 ) 300.1 29.9 — 282.1 Income tax expense (benefit) (15.6 ) 106.4 10.6 — 101.4 Equity in earnings of subsidiaries, net of tax 223.9 — — (223.9 ) — Income (loss) from continuing operations 191.6 193.7 19.3 (223.9 ) 180.7 Income (loss) from discontinued operations, net of tax — 10.9 — — 10.9 Net income (loss) 191.6 204.6 19.3 (223.9 ) 191.6 Other comprehensive income (loss) 5.8 — 0.2 — 6.0 Total comprehensive income (loss) $ 197.4 $ 204.6 $ 19.5 $ (223.9 ) $ 197.6 Net income (loss) 191.6 204.6 19.3 (223.9 ) 191.6 Preferred stock dividends 2.6 — — — 2.6 Net income (loss) applicable to common shareowners $ 189.0 $ 204.6 $ 19.3 $ (223.9 ) $ 189.0 Three Months Ended June 30, 2014 Parent (Issuer) Guarantors Non-guarantors Eliminations Total Revenue $ — $ 142.0 $ 151.1 $ (10.1 ) $ 283.0 Operating costs and expenses 5.2 136.1 104.5 (10.1 ) 235.7 Operating income (loss) (5.2 ) 5.9 46.6 — 47.3 Interest expense (income), net 37.4 2.7 (0.6 ) — 39.5 Other expense (income), net (0.5 ) (187.4 ) (3.4 ) — (191.3 ) Income (loss) before equity in earnings of subsidiaries and income taxes (42.1 ) 190.6 50.6 — 199.1 Income tax expense (benefit) (11.5 ) 68.1 18.8 — 75.4 Equity in earnings of subsidiaries, net of tax 144.8 — — (144.8 ) — Income (loss) from continuing operations 114.2 122.5 31.8 (144.8 ) 123.7 Income (loss) from discontinued operations, net of tax — (9.5 ) — — (9.5 ) Net income (loss) 114.2 113.0 31.8 (144.8 ) 114.2 Other comprehensive income (loss) 0.6 — — — 0.6 Total comprehensive income (loss) $ 114.8 $ 113.0 $ 31.8 $ (144.8 ) $ 114.8 Net income (loss) 114.2 113.0 31.8 (144.8 ) 114.2 Preferred stock dividends 2.6 — — — 2.6 Net income (loss) applicable to common shareowners $ 111.6 $ 113.0 $ 31.8 $ (144.8 ) $ 111.6 Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) Six Months Ended June 30, 2015 (dollars in millions) Parent (Issuer) Guarantors Non-guarantors Eliminations Total Revenue $ — $ 303.6 $ 294.5 $ (19.4 ) $ 578.7 Operating costs and expenses 11.7 289.1 230.5 (19.4 ) 511.9 Operating income (loss) (11.7 ) 14.5 64.0 — 66.8 Interest expense (income), net 62.3 (1.0 ) (0.6 ) — 60.7 Other expense (income), net 12.7 (284.8 ) (4.8 ) — (276.9 ) Income (loss) before equity in earnings of subsidiaries and income taxes (86.7 ) 300.3 69.4 — 283.0 Income tax expense (benefit) (29.7 ) 106.4 25.3 — 102.0 Equity in earnings of subsidiaries, net of tax 297.8 — — (297.8 ) — Income (loss) from continuing operations 240.8 193.9 44.1 (297.8 ) 181.0 Income (loss) from discontinued operations, net of tax — 59.8 — — 59.8 Net income (loss) 240.8 253.7 44.1 (297.8 ) 240.8 Other comprehensive income (loss) 7.5 — (0.1 ) — 7.4 Total comprehensive income (loss) $ 248.3 $ 253.7 $ 44.0 $ (297.8 ) $ 248.2 Net income (loss) 240.8 253.7 44.1 (297.8 ) 240.8 Preferred stock dividends 5.2 — — — 5.2 Net income (loss) applicable to common shareowners $ 235.6 $ 253.7 $ 44.1 $ (297.8 ) $ 235.6 Six Months Ended June 30, 2014 Parent (Issuer) Guarantors Non-guarantors Eliminations Total Revenue $ — $ 284.4 $ 300.9 $ (20.1 ) $ 565.2 Operating costs and expenses 11.7 269.6 206.3 (20.1 ) 467.5 Operating income (loss) (11.7 ) 14.8 94.6 — 97.7 Interest expense (income), net 74.1 5.2 (1.0 ) — 78.3 Other expense (income), net (0.8 ) (184.8 ) (6.5 ) — (192.1 ) Income (loss) before equity in earnings of subsidiaries and income taxes (85.0 ) 194.4 102.1 — 211.5 Income tax expense (benefit) (24.7 ) 69.3 37.3 — 81.9 Equity in earnings of subsidiaries, net of tax 181.5 — — (181.5 ) — Income (loss) from continuing operations 121.2 125.1 64.8 (181.5 ) 129.6 Income (loss) from discontinued operations, net of tax — (8.4 ) — — (8.4 ) Net income (loss) 121.2 116.7 64.8 (181.5 ) 121.2 Other comprehensive income (loss) 2.4 — — — 2.4 Total comprehensive income (loss) $ 123.6 $ 116.7 $ 64.8 $ (181.5 ) $ 123.6 Net income (loss) 121.2 116.7 64.8 (181.5 ) 121.2 Preferred stock dividends 5.2 — — — 5.2 Net income (loss) applicable to common shareowners $ 116.0 $ 116.7 $ 64.8 $ (181.5 ) $ 116.0 Condensed Consolidating Balance Sheets As of June 30, 2015 (dollars in millions) Parent (Issuer) Guarantors Non-guarantors Eliminations Total Cash and cash equivalents $ 8.7 $ 1.3 $ 4.8 $ — $ 14.8 Receivables, net 0.7 4.5 150.0 — 155.2 Other current assets 25.7 41.9 34.6 (1.3 ) 100.9 Other current assets from discontinued operations — 1.6 — — 1.6 Total current assets 35.1 49.3 189.4 (1.3 ) 272.5 Property, plant and equipment, net 0.3 52.7 841.5 — 894.5 Investment in CyrusOne — 124.9 — — 124.9 Goodwill and intangibles, net — 12.5 2.2 — 14.7 Investments in and advances to subsidiaries 984.4 599.6 157.3 (1,741.3 ) — Other noncurrent assets 234.6 119.2 3.6 (154.4 ) 203.0 Total assets $ 1,254.4 $ 958.2 $ 1,194.0 $ (1,897.0 ) $ 1,509.6 Current portion of long-term debt $ 5.4 $ 3.3 $ 3.8 $ — 12.5 Accounts payable 1.0 70.4 53.9 — 125.3 Other current liabilities 44.6 22.8 47.7 — 115.1 Other current liabilities from discontinued operations — 19.8 — — 19.8 Total current liabilities 51.0 116.3 105.4 — 272.7 Long-term debt, less current portion 1,179.9 54.7 144.4 — 1,379.0 Other noncurrent liabilities 233.9 16.7 164.4 (155.7 ) 259.3 Other noncurrent liabilities from discontinued operations — 2.1 — — 2.1 Intercompany payables 192.7 — 140.2 (332.9 ) — Total liabilities 1,657.5 189.8 554.4 (488.6 ) 1,913.1 Shareowners’ (deficit) equity (403.1 ) 768.4 639.6 (1,408.4 ) (403.5 ) Total liabilities and shareowners’ equity (deficit) $ 1,254.4 $ 958.2 $ 1,194.0 $ (1,897.0 ) $ 1,509.6 As of December 31, 2014 Parent (Issuer) Guarantors Non-guarantors Eliminations Total Cash and cash equivalents $ 56.2 $ 0.2 $ 1.5 $ — $ 57.9 Receivables, net 2.6 6.1 159.8 — 168.5 Other current assets 4.7 69.9 33.1 (1.2 ) 106.5 Other current assets from discontinued operations — 4.7 — — 4.7 Total current assets 63.5 80.9 194.4 (1.2 ) 337.6 Property, plant and equipment, net 0.2 50.8 764.4 — 815.4 Investment in CyrusOne — 273.6 — — 273.6 Goodwill and intangibles, net — 12.7 2.2 — 14.9 Investments in and advances to subsidiaries 1,066.1 403.6 199.3 (1,669.0 ) — Other noncurrent assets 294.2 191.6 3.8 (155.0 ) 334.6 Other noncurrent assets from discontinued operations — 44.6 — — 44.6 Total assets $ 1,424.0 $ 1,057.8 $ 1,164.1 $ (1,825.2 ) $ 1,820.7 Current portion of long-term debt $ 5.4 $ 2.3 $ 3.9 $ — $ 11.6 Accounts payable 1.0 76.2 54.8 — 132.0 Other current liabilities 52.3 23.5 49.3 0.1 125.2 Other current liabilities from discontinued operations — 142.0 — — 142.0 Total current liabilities 58.7 244.0 108.0 0.1 410.8 Long-term debt, less current portion 1,526.1 2.9 160.4 — 1,689.4 Other noncurrent liabilities 254.1 4.6 164.0 (156.4 ) 266.3 Other noncurrent liabilities from discontinued operations — 102.7 — — 102.7 Intercompany payables 233.4 — 131.9 (365.3 ) — Total liabilities 2,072.3 354.2 564.3 (521.6 ) 2,469.2 Shareowners’ (deficit) equity (648.3 ) 703.6 599.8 (1,303.6 ) (648.5 ) Total liabilities and shareowners’ equity (deficit) $ 1,424.0 $ 1,057.8 $ 1,164.1 $ (1,825.2 ) $ 1,820.7 Condensed Consolidating Statements of Cash Flows Six Months Ended June 30, 2015 (dollars in millions) Parent (Issuer) Guarantors Non-guarantors Eliminations Total Cash flows provided by (used in) operating activities $ (22.9 ) $ (40.4 ) $ 96.0 $ — $ 32.7 Capital expenditures (0.1 ) (12.6 ) (119.8 ) — (132.5 ) Proceeds from sale of CyrusOne — 426.0 — — 426.0 Dividends received from CyrusOne — 15.0 — — 15.0 Proceeds from sale of assets — — 0.1 — 0.1 Distributions received from subsidiaries 5.3 — — (5.3 ) — Funding between Parent and subsidiaries, net — (385.0 ) 42.8 342.2 — Other investing activities (0.2 ) — — — (0.2 ) Cash flows provided by (used in) investing activities 5.0 43.4 (76.9 ) 336.9 308.4 Funding between Parent and subsidiaries, net 333.6 — 8.6 (342.2 ) — Distributions paid to Parent — — (5.3 ) 5.3 — Net increase (decrease) in corporate credit and receivables facilities with initial maturities less than 90 days — — (16.6 ) — (16.6 ) Repayment of debt (357.2 ) (1.9 ) (2.3 ) — (361.4 ) Debt issuance costs (0.2 ) — (0.2 ) — (0.4 ) Other financing activities (5.8 ) — — — (5.8 ) Cash flows provided by (used in) financing activities (29.6 ) (1.9 ) (15.8 ) (336.9 ) (384.2 ) Increase (decrease) in cash and cash equivalents (47.5 ) 1.1 3.3 — (43.1 ) Beginning cash and cash equivalents 56.2 0.2 1.5 — 57.9 Ending cash and cash equivalents $ 8.7 $ 1.3 $ 4.8 $ — $ 14.8 Six Months Ended June 30, 2014 Parent (Issuer) Guarantors Non-guarantors Eliminations Total Cash flows provided by (used in) operating activities $ (12.6 ) $ (18.8 ) $ 125.2 $ — $ 93.8 Capital expenditures — (18.1 ) (57.4 ) — (75.5 ) Proceeds from sale of CyrusOne — 355.9 — — 355.9 Dividends received from CyrusOne — 16.4 — — 16.4 Proceeds from sale of assets — — 2.0 — 2.0 Other investing activities (0.2 ) (5.5 ) — — (5.7 ) Cash flows provided by (used in) investing activities (0.2 ) 348.7 (55.4 ) — 293.1 Funding between Parent and subsidiaries, net 402.3 (328.2 ) (74.1 ) — — Net increase (decrease) in corporate credit and receivables facilities with initial maturities less than 90 days (40.0 ) — 8.6 — (31.4 ) Repayment of debt (2.7 ) (1.4 ) (4.2 ) — (8.3 ) Proceeds from exercise of options and warrants 1.2 — — — 1.2 Other financing activities (5.8 ) — — — (5.8 ) Cash flows provided by (used in) financing activities 355.0 (329.6 ) (69.7 ) — (44.3 ) Increase (decrease) in cash and cash equivalents 342.2 0.3 0.1 — 342.6 Beginning cash and cash equivalents 2.1 0.3 2.2 — 4.6 Ending cash and cash equivalents $ 344.3 $ 0.6 $ 2.3 $ — $ 347.2

Description of Business and A20

Description of Business and Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation — The Condensed 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, other comprehensive income, financial position and cash flows for each period presented. The adjustments referred to above are of a normal and recurring nature. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been condensed or omitted pursuant to SEC rules and regulations for interim reporting. The Condensed Consolidated Balance Sheet as of December 31, 2014 was derived from audited financial statements, but does not include all disclosures required by U.S. GAAP. These Condensed Consolidated Financial Statements should be read in conjunction with the Company’s 2014 Annual Report on Form 10-K. Operating results for the three and six months ended June 30, 2015 are not necessarily indicative of the results expected for the full year or any other interim period. The closing of our wireless operations in March 2015 represents a strategic shift in our business. Therefore, certain wireless assets, liabilities and results of operations are reported as discontinued operations in our financial statements. Accordingly, the Company has recast its prior period results to be comparable with the current discontinued operations presentation with the exception of the Condensed Consolidated Statements of Cash Flows. See Note 2 for all required disclosures.
Use of Estimates	Use of Estimates — Preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported. Actual results could differ from those estimates. In the normal course of business, the Company is 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 U.S. GAAP. Such matters are subject to many uncertainties and outcomes that are not predictable with assurance.
Equity Method Investments	Equity Method Investments — Effective January 24, 2013, the completion date of CyrusOne's IPO, 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 Condensed Consolidated Statement of Operations. For the three and six months ended June 30, 2015, the Company received cash dividends from CyrusOne totaling $9.0 million and $ 15.0 million , respectively. For the three and six months ended June 30, 2014, the Company received cash dividends from CyrusOne totaling $9.3 million and $16.4 million , respectively. Dividends from CyrusOne are recognized as a reduction of the cost of our investment. During the second quarter of 2014, we invested a total of $5.5 million in other entities, which are accounted for as equity method investments, and the carrying value has been recorded in "Other noncurrent assets" in the Condensed Consolidated Balance Sheets. The Company's proportionate share of their respective net income is recorded in "Other expense (income), net" in the Condensed Consolidated Statement of Operations.
Income Taxes	Income Taxes — The Company’s income tax provision for interim periods is determined through the use of an estimated annual effective tax rate applied to year-to-date ordinary income, as well as the tax effects associated with discrete items. The Company expects its effective rate to exceed statutory rates primarily due to non-deductible expenses, including interest on securities originally issued to acquire its broadband business or securities subsequently issued to refinance those securities. These securities were repaid in full in the second quarter of 2015.
Recently Issued Accounting Standards	Recently Issued Accounting Standards — In April 2015, the FASB issued Accounting Standard Update ("ASU") 2015-05, Intangibles-Goodwill and Other-Internal-Use Software, which amends ASC 350-40 to provide customers with guidance on determining whether a cloud computing arrangement contains a software license that should be accounted for as internal-use software. The standard will be effective on January 1, 2016 and can be adopted retrospectively or prospectively to arrangements entered into, or materially modified, after the effective date. The Company is currently in the process of evaluating the impact of adoption of this ASU on the Company’s consolidated financial statements. In April 2015, the FASB issued ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs, which changes the presentation of debt issuance costs in the financial statements. The amendments in this update require companies to present such costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset and to record amortization of the costs as interest expense. The standard will be effective on January 1, 2016 and will be applied retrospectively for prior periods. The Company estimates approximately $10 million of debt issuance costs will be reclassified from "Other non-current assets" to "Long term debt, less current portion" on the Condensed Consolidated Balance Sheets on the date of adoption. The adoption is not expected to impact the Statement of Operations. On January 9, 2015, the FASB issued ASU 2015-01, Income Statement-Extraordinary and Unusual Items. The updated standard will no longer allow for transactions that are unusual in nature and occur infrequently to be presented net-of-tax after income from continuing operations as an extraordinary item in the statements of operations. Under the new guidance, these transactions will be separately presented within income from continuing operations similar to current guidance for transactions that are unusual in nature or occur infrequently. The standard will be effective for us on January 1, 2016. The adoption of this pronouncement is not expected to have a material impact on our financial statements as there are no transactions presented as an extraordinary item. In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties About an Entity's Ability to Continue as a Going Concern. The amendments provide guidance about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. The standard will be effective for us on January 1, 2016. The adoption of this pronouncement is not expected to have a material impact on our financial statements. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers. The standard’s core principle is that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. This standard also includes expanded disclosure requirements that result in an entity providing users of financial statements with comprehensive information about the nature, amount, timing, and uncertainty of revenue and cash flows arising from the entity’s contracts with customers. This standard will be effective for us in the first quarter of the fiscal year ending December 31, 2018. The Company is continuing to evaluate the impact of adoption of this ASU on the Company’s consolidated financial statements. In April 2014, the FASB issued ASU 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. The amendments in this update increased the threshold for a disposal to qualify as a discontinued operation and require new disclosures of both discontinued operations and certain other disposals that do not meet the definition of a discontinued operation. The standard was effective for us on January 1, 2015 and the amended guidance has been applied to the discontinuation of our wireless operations. For a full discussion of discontinued operations and required disclosures reference Note 2.
Earnings Per 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 Measurement	The fair value of our investment in CyrusOne was based on the closing market price of CyrusOne's common stock on June 30, 2015 and December 31, 2014 . This fair value measurement is considered Level 1 of the fair value hierarchy. The fair value of our long-term debt was based on closing or estimated market prices of the Company’s debt at June 30, 2015 and December 31, 2014 , which is considered Level 2 of the fair value hierarchy.

Discontinued Operations (Tables

Discontinued Operations (Tables)	6 Months Ended
	Jun. 30, 2015
Assets and Liabilities to be Reclassified - Discontinued Operations [Table Text Block]	As a result, we removed the following assets and liabilities in the second quarter of 2015. (dollars in millions) As of April 1, 2015 Property, plant and equipment, net $ 16.0 Current portion of long-term debt 0.5 Long-term debt, less current portion 24.8 Other non-current liabilities 6.6 Total liabilities $ 31.9
Condensed Income Statement [Table Text Block]	Wireless financial results for the three and six months ended June 30, 2015 and 2014 reported as Income (loss) from discontinued operations, net of tax on the Condensed Consolidated Statements of Operations are as follows: Three Months Ended Six Months Ended June 30, June 30, (dollars in millions) 2015 2014 2015 2014 Revenue $ — $ 41.2 $ 4.4 $ 85.9 Costs and expenses Cost of products and services — 19.7 12.0 39.5 Selling, general and administrative 0.9 5.2 2.2 11.4 Depreciation and amortization expense — 29.3 28.6 45.1 Restructuring charge — 5.2 6.4 5.2 Amortization of deferred gain — (6.5 ) (6.5 ) (10.1 ) Total operating costs and expenses 0.9 52.9 42.7 91.1 Operating loss (0.9 ) (11.7 ) (38.3 ) (5.2 ) Interest (income) expense (0.9 ) 1.2 (1.7 ) 2.7 Other (income) expense (0.1 ) 1.0 (0.1 ) 1.9 Gain on transfer of tower lease obligations and other assets 15.9 — 15.9 — Gain on sale of wireless spectrum licenses — — 112.6 — Income (loss) before income taxes 16.0 (13.9 ) 92.0 (9.8 ) Income tax expense (benefit) 5.1 (4.4 ) 32.2 (1.4 ) Income (loss) from discontinued operations $ 10.9 $ (9.5 ) $ 59.8 $ (8.4 ) Summarized financial information for CyrusOne is as follows: Three Months Ended Six Months Ended June 30, June 30, (dollars in millions) 2015 2014 2015 2014 Revenue $ 89.1 $ 81.7 $ 174.8 $ 159.2 Operating income 2.6 7.4 4.2 19.2 Net loss (6.5 ) (3.6 ) (13.7 ) (2.9 )
Condensed Balance Sheet [Table Text Block]	Wireless assets and liabilities presented as discontinued operations as of June 30, 2015 and December 31, 2014 are as follows: (dollars in millions) June 30, 2015 December 31, 2014 Current assets Prepaid rent - spectrum license $ — $ 3.2 Other current assets 1.6 1.5 Total current assets from discontinued operations 1.6 4.7 Property, plant and equipment — 44.1 Other noncurrent assets — 0.5 Total noncurrent assets from discontinued operation — 44.6 Total assets from discontinued operations $ 1.6 $ 49.3 Current liabilities Current portion of long-term debt $ — $ 1.6 Accounts payable 2.0 5.0 Restructuring liability 14.1 15.4 Deferred gain on sale of wireless spectrum licenses — 112.6 Other current liabilities 3.7 7.4 Total current liabilities from discontinued operations 19.8 142.0 Long-term debt, less current portion — 81.6 Deferred gain on sale of towers — 13.1 Non-current restructuring liability 2.1 — Other noncurrent liabilities — 8.0 Total noncurrent liabilities from discontinued operations 2.1 102.7 Total liabilities from discontinued operations $ 21.9 $ 244.7
Capital Leases and Debt Retained - Discontinued Operations [Table Text Block]	The following capital lease and asset retirement obligations will be retained by the Company and have not been included in liabilities from discontinued operations at June 30, 2015: Continuing Operations Discontinued Operations As of June 30, 2015 As of December 31, 2014 (dollars in millions) Current portion of long-term debt $ 1.1 $ 1.1 Long-term debt, less current portion 52.8 57.0 Other noncurrent liabilities 9.4 7.5 Total liabilities $ 63.3 $ 65.6
Condensed Cash Flow Statement [Table Text Block]	Following is selected operating and investing cash flow activity from discontinued operations included in Condensed Consolidated Statements of Cash Flows: Six Months Ended June 30, (dollars in millions) 2015 2014 Depreciation and amortization 28.6 45.1 Amortization of deferred gain on sale of towers (6.5 ) (10.1 ) Non-cash spectrum lease 3.2 — Deferred gain on sale of spectrum licenses (112.6 ) — Gain on transfer of tower lease obligations and other assets (15.9 ) — Restructuring payments (6.0 ) (0.6 ) Capital expenditures — (6.2 )

Investment in CyrusOne (Tables)

Investment in CyrusOne (Tables)	6 Months Ended
	Jun. 30, 2015
Schedule of Condensed Income Statement, Equity Method Investee	Wireless financial results for the three and six months ended June 30, 2015 and 2014 reported as Income (loss) from discontinued operations, net of tax on the Condensed Consolidated Statements of Operations are as follows: Three Months Ended Six Months Ended June 30, June 30, (dollars in millions) 2015 2014 2015 2014 Revenue $ — $ 41.2 $ 4.4 $ 85.9 Costs and expenses Cost of products and services — 19.7 12.0 39.5 Selling, general and administrative 0.9 5.2 2.2 11.4 Depreciation and amortization expense — 29.3 28.6 45.1 Restructuring charge — 5.2 6.4 5.2 Amortization of deferred gain — (6.5 ) (6.5 ) (10.1 ) Total operating costs and expenses 0.9 52.9 42.7 91.1 Operating loss (0.9 ) (11.7 ) (38.3 ) (5.2 ) Interest (income) expense (0.9 ) 1.2 (1.7 ) 2.7 Other (income) expense (0.1 ) 1.0 (0.1 ) 1.9 Gain on transfer of tower lease obligations and other assets 15.9 — 15.9 — Gain on sale of wireless spectrum licenses — — 112.6 — Income (loss) before income taxes 16.0 (13.9 ) 92.0 (9.8 ) Income tax expense (benefit) 5.1 (4.4 ) 32.2 (1.4 ) Income (loss) from discontinued operations $ 10.9 $ (9.5 ) $ 59.8 $ (8.4 ) Summarized financial information for CyrusOne is as follows: Three Months Ended Six Months Ended June 30, June 30, (dollars in millions) 2015 2014 2015 2014 Revenue $ 89.1 $ 81.7 $ 174.8 $ 159.2 Operating income 2.6 7.4 4.2 19.2 Net loss (6.5 ) (3.6 ) (13.7 ) (2.9 )
Related Party Revenues and Expenses [Member]
Schedule of Related Party Transactions [Table Text Block]	Revenues and operating costs and expenses from transactions with CyrusOne were as follows: Three Months Ended Six Months Ended June 30, June 30, (dollars in millions) 2015 2014 2015 2014 Revenue: Services provided to CyrusOne $ 0.4 $ 0.4 $ 0.7 $ 0.9 Operating costs and expenses: Charges for services provided by CyrusOne 2.5 2.3 5.0 4.6 Administrative services provided to CyrusOne (0.1 ) (0.1 ) (0.2 ) (0.2 ) Total operating costs and expenses $ 2.4 $ 2.2 $ 4.8 $ 4.4
Related Party Receivables and Payables [Member]
Schedule of Related Party Transactions [Table Text Block]	At June 30, 2015 and December 31, 2014, amounts receivable from and payable to CyrusOne were as follows: June 30, December 31, (dollars in millions) 2015 2014 Accounts receivable $ 0.7 $ 1.7 Dividends receivable 4.5 6.0 Receivable from CyrusOne $ 5.2 $ 7.7 Accounts payable $ 1.6 $ 0.4 Payable to CyrusOne $ 1.6 $ 0.4

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block]	The following table shows the computation of basic and diluted EPS: Three Months Ended Three Months Ended June 30, 2015 June 30, 2014 (in millions, except per share amounts) Continuing Operations Discontinued Operations Total Continuing Operations Discontinued Operations Total Numerator: Net income (loss) $ 180.7 $ 10.9 $ 191.6 $ 123.7 $ (9.5 ) $ 114.2 Preferred stock dividends (1) 2.6 — 2.6 2.6 — 2.6 Net income (loss) applicable to common shareowners - basic and diluted $ 178.1 $ 10.9 $ 189.0 $ 121.1 $ (9.5 ) $ 111.6 Denominator: Weighted average common shares outstanding - basic 209.7 209.7 209.7 208.5 208.5 208.5 Stock-based compensation arrangements 0.4 0.4 0.4 0.9 0.9 0.9 Conversion of preferred shares 4.5 4.5 4.5 — — — Weighted average common shares outstanding - diluted 214.6 214.6 214.6 209.4 209.4 209.4 Basic earnings (loss) per common share $ 0.85 $ 0.05 $ 0.90 $ 0.58 $ (0.04 ) $ 0.54 Diluted earnings (loss) per common share $ 0.84 $ 0.05 $ 0.89 $ 0.58 $ (0.05 ) $ 0.53 (1) Calculation of diluted earnings per common share for the three months ended June 30, 2015 excludes preferred stock dividends as the preferred shares are considered converted. Six Months Ended Six Months Ended June 30, 2015 June 30, 2014 (in millions, except per share amounts) Continuing Operations Discontinued Operations Total Continuing Operations Discontinued Operations Total Numerator: Net income (loss) $ 181.0 $ 59.8 $ 240.8 $ 129.6 $ (8.4 ) $ 121.2 Preferred stock dividends 5.2 — 5.2 5.2 — 5.2 Net income (loss) applicable to common shareowners - basic and diluted $ 175.8 $ 59.8 $ 235.6 $ 124.4 $ (8.4 ) $ 116.0 Denominator: Weighted average common shares outstanding - basic 209.4 209.4 209.4 208.2 208.2 208.2 Stock-based compensation arrangements 0.7 0.7 0.7 1.0 1.0 1.0 Weighted average common shares outstanding - diluted 210.1 210.1 210.1 209.2 209.2 209.2 Basic earnings (loss) per common share $ 0.84 $ 0.29 $ 1.13 $ 0.60 $ (0.04 ) $ 0.56 Diluted earnings (loss) per common share $ 0.84 $ 0.28 $ 1.12 $ 0.59 $ (0.04 ) $ 0.55

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments [Table Text Block]	The Company’s debt consists of the following: (dollars in millions) June 30, December 31, Current portion of long-term debt: Corporate Credit Agreement - Tranche B Term Loan $ 5.4 $ 5.4 Capital lease obligations and other debt 7.1 6.2 Current portion of long-term debt 12.5 11.6 Long-term debt, less current portion: Receivables facility 2.6 19.2 8 3/4% Senior Subordinated Notes due 2018 — 300.0 Corporate Credit Agreement - Tranche B Term Loan 525.2 527.8 8 3/8% Senior Notes due 2020 616.1 661.2 7 1/4% Senior Notes due 2023 40.0 40.0 Various Cincinnati Bell Telephone notes 134.5 134.5 Capital lease obligations and other debt 62.2 9.9 1,380.6 1,692.6 Net unamortized discount (1.6 ) (3.2 ) Long-term debt, less current portion 1,379.0 1,689.4 Total debt $ 1,391.5 $ 1,701.0

Financial Instruments and Fai25

Financial Instruments and Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value, by Balance Sheet Grouping [Table Text Block]	The carrying and fair values of these financial instruments are as follows: June 30, 2015 December 31, 2014 (dollars in millions) Carrying Value Fair Value Carrying Value Fair Value Investment in CyrusOne $ 124.9 $ 419.1 $ 273.6 $ 785.0 Long-term debt, including current portion* 1,323.2 1,353.2 1,686.1 1,717.4 *Excludes capital leases.

Restructuring Charges (Tables)

Restructuring Charges (Tables)	6 Months Ended
	Jun. 30, 2015
Restructuring and Related Activities [Abstract]
Schedule of Restructuring and Related Costs [Table Text Block]	A summary of the activity in our restructuring liabilities is presented below: (dollars in millions) Employee Separation Lease Abandonment Other Total Balance as of December 31, 2014 $ 3.0 $ 1.8 $ 0.1 $ 4.9 Charges 2.2 — 1.2 3.4 Utilization (3.1 ) (0.2 ) (1.2 ) (4.5 ) Balance as of March 31, 2015 $ 2.1 $ 1.6 $ 0.1 $ 3.8 Charges 0.9 0.2 1.2 2.3 Utilizations (1.5 ) (0.8 ) (1.2 ) (3.5 ) Balance as of June 30, 2015 $ 1.5 $ 1.0 $ 0.1 $ 2.6
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 ) Entertainment and Communications IT Services and Hardware Corporate Total Balance as of December 31, 2014 $ 3.9 $ 0.3 $ 0.7 $ 4.9 Charges 0.8 2.2 0.4 3.4 Utilization (3.2 ) (0.8 ) (0.5 ) (4.5 ) Balance as of March 31, 2015 $ 1.5 $ 1.7 $ 0.6 $ 3.8 Charges 0.8 0.3 1.2 2.3 Utilizations (1.1 ) (0.8 ) (1.6 ) (3.5 ) Balance as of June 30, 2015 $ 1.2 $ 1.2 $ 0.2 $ 2.6

Pension and Postretirement Pl27

Pension and Postretirement Plans (Tables)	6 Months Ended
	Jun. 30, 2015
General Discussion of Pension and Other Postretirement Benefits [Abstract]
Schedule of Net Benefit Costs [Table Text Block]	For the three and six months ended June 30, 2015 and 2014 , pension and postretirement benefit costs were as follows: Three Months Ended June 30, 2015 2014 2015 2014 (dollars in millions) Pension Benefits Postretirement and Other Benefits Service cost $ 0.3 $ 0.2 $ — $ — Interest cost on projected benefit obligation 4.9 6.0 0.9 1.1 Expected return on plan assets (7.3 ) (7.3 ) — — Curtailment loss 0.3 — — — Amortization of: Prior service cost (benefit) — 0.1 (3.8 ) (3.9 ) Actuarial loss 9.4 3.4 1.3 1.4 Total amortization 9.4 3.5 (2.5 ) (2.5 ) Benefit costs $ 7.6 $ 2.4 $ (1.6 ) $ (1.4 ) Six Months Ended June 30, 2015 2014 2015 2014 (dollars in millions) Pension Benefits Postretirement and Other Benefits Service cost $ 0.3 $ 0.5 $ 0.1 $ 0.1 Interest cost on projected benefit obligation 9.5 10.5 1.7 2.0 Expected return on plan assets (14.5 ) (14.1 ) — — Curtailment loss 0.3 — — — Amortization of: Prior service cost (benefit) 0.1 0.1 (7.7 ) (7.7 ) Actuarial loss 14.5 8.7 2.7 2.7 Total amortization 14.6 8.8 (5.0 ) (5.0 ) Benefit costs $ 10.2 $ 5.7 $ (3.2 ) $ (2.9 )

Shareowners' Deficit (Tables)

Shareowners' Deficit (Tables)	6 Months Ended
	Jun. 30, 2015
Changes in Accumulated Other Comprehensive Loss by Component [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	For the six months ended June 30, 2015 , 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, 2014 $ (173.6 ) $ (0.3 ) $ (173.9 ) Reclassifications, net 6.4 (a) — 6.4 Remeasurement of benefit obligations 1.1 — 1.1 Foreign currency loss — (0.1 ) (0.1 ) Balance as of June 30, 2015 $ (166.1 ) $ (0.4 ) $ (166.5 ) (a) These reclassifications are included in the components of net periodic pension and postretirement benefit costs (see Note 8 for additional details). The components of net periodic pension and postretirement benefit cost are reported within "Cost of services," "Cost of products sold," and "Selling, general and administrative" expenses on the Condensed Consolidated Statements of Operations.

Business Segment Information (T

Business Segment Information (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Selected financial data for the Company’s business segment information is as follows: Three Months Ended Six Months Ended June 30, June 30, (dollars in millions) 2015 2014 2015 2014 Revenue Entertainment and Communications $ 182.4 $ 184.7 $ 370.5 $ 368.3 IT Services and Hardware 106.3 101.6 213.9 203.5 Intersegment (2.9 ) (3.3 ) (5.7 ) (6.6 ) Total revenue $ 285.8 $ 283.0 $ 578.7 $ 565.2 Intersegment revenue Entertainment and Communications $ 0.4 $ 0.3 $ 0.7 $ 0.5 IT Services and Hardware 2.5 3.0 5.0 6.1 Total intersegment revenue $ 2.9 $ 3.3 $ 5.7 $ 6.6 Operating income Entertainment and Communications $ 30.1 $ 49.6 $ 71.4 $ 101.4 IT Services and Hardware 6.2 2.8 7.3 8.2 Corporate (6.6 ) (5.1 ) (11.9 ) (11.9 ) Total operating income $ 29.7 $ 47.3 $ 66.8 $ 97.7 Expenditures for long-lived assets Entertainment and Communications $ 70.1 $ 38.1 $ 124.1 $ 64.3 IT Services and Hardware 4.4 2.5 8.3 5.0 Corporate 0.1 — 0.1 — Total expenditures for long-lived assets $ 74.6 $ 40.6 $ 132.5 $ 69.3 Depreciation and amortization Entertainment and Communications $ 31.0 $ 28.2 $ 60.5 $ 56.3 IT Services and Hardware 3.0 2.8 6.1 5.6 Corporate — — — 0.2 Total depreciation and amortization $ 34.0 $ 31.0 $ 66.6 $ 62.1 June 30, December 31, Assets Entertainment and Communications $ 911.5 $ 833.2 IT Services and Hardware 62.3 61.4 Total assets from discontinued operations 1.6 49.3 Corporate and eliminations 534.2 876.8 Total assets $ 1,509.6 $ 1,820.7

Supplemental Guarantor Inform30

Supplemental Guarantor Information (Tables)	6 Months Ended
	Jun. 30, 2015
Supplemental Guarantor Information Abstract
Supplemental Guarantor Information [Table Text Block]	The following information sets forth the Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) for the three and six months ended June 30, 2015 and 2014 , Condensed Consolidating Balance Sheets as of June 30, 2015 and December 31, 2014 , and Condensed Consolidating Statements of Cash Flows for the six months ended June 30, 2015 and 2014 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) Three Months Ended June 30, 2015 (dollars in millions) Parent (Guarantor) CBT (Issuer) Other Non-guarantors Eliminations Total Revenue $ — $ 161.5 $ 134.0 $ (9.7 ) $ 285.8 Operating costs and expenses 6.4 133.7 125.7 (9.7 ) 256.1 Operating income (loss) (6.4 ) 27.8 8.3 — 29.7 Interest expense (income), net 28.4 (0.3 ) (0.1 ) — 28.0 Other expense (income), net 13.1 1.6 (295.1 ) — (280.4 ) Income (loss) before equity in earnings of subsidiaries and income taxes (47.9 ) 26.5 303.5 — 282.1 Income tax expense (benefit) (15.6 ) 9.4 107.6 — 101.4 Equity in earnings of subsidiaries, net of tax 223.9 — — (223.9 ) — Income (loss) from continuing operations 191.6 17.1 195.9 (223.9 ) 180.7 Income (loss) from discontinued operations, net of tax — — 10.9 — 10.9 Net income (loss) 191.6 17.1 206.8 (223.9 ) 191.6 Other comprehensive income (loss) 5.8 — 0.2 — 6.0 Total comprehensive income (loss) $ 197.4 $ 17.1 $ 207.0 $ (223.9 ) $ 197.6 Net income (loss) 191.6 17.1 206.8 (223.9 ) 191.6 Preferred stock dividends 2.6 — — — 2.6 Net income (loss) applicable to common shareowners $ 189.0 $ 17.1 $ 206.8 $ (223.9 ) $ 189.0 Three Months Ended June 30, 2014 Parent (Guarantor) CBT (Issuer) Other Non-guarantors Eliminations Total Revenue $ — $ 164.3 $ 128.8 $ (10.1 ) $ 283.0 Operating costs and expenses 5.2 116.6 124.0 (10.1 ) 235.7 Operating income (loss) (5.2 ) 47.7 4.8 — 47.3 Interest expense (income), net 37.4 (1.0 ) 3.1 — 39.5 Other expense (income), net (0.5 ) 2.0 (192.8 ) — (191.3 ) Income (loss) before equity in earnings of subsidiaries and income taxes (42.1 ) 46.7 194.5 — 199.1 Income tax expense (benefit) (11.5 ) 16.9 70.0 — 75.4 Equity in earnings of subsidiaries, net of tax 144.8 — — (144.8 ) — Income (loss) from continuing operations 114.2 29.8 124.5 (144.8 ) 123.7 Income (loss) from discontinued operations, net of tax — — (9.5 ) — (9.5 ) Net income (loss) 114.2 29.8 115.0 (144.8 ) 114.2 Other comprehensive income (loss) 0.6 — — — 0.6 Total comprehensive income (loss) $ 114.8 $ 29.8 $ 115.0 $ (144.8 ) $ 114.8 Net income (loss) 114.2 29.8 115.0 (144.8 ) 114.2 Preferred stock dividends 2.6 — — — 2.6 Net income (loss) applicable to common shareowners $ 111.6 $ 29.8 $ 115.0 $ (144.8 ) $ 111.6 Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) Six Months Ended June 30, 2015 (dollars in millions) Parent (Guarantor) CBT (Issuer) Other Non-guarantors Eliminations Total Revenue $ — $ 329.1 $ 269.0 $ (19.4 ) $ 578.7 Operating costs and expenses 11.7 262.6 257.0 (19.4 ) 511.9 Operating income (loss) (11.7 ) 66.5 12.0 — 66.8 Interest expense (income), net 62.3 (1.1 ) (0.5 ) — 60.7 Other expense (income), net 12.7 3.5 (293.1 ) — (276.9 ) Income (loss) before equity in earnings of subsidiaries and income taxes (86.7 ) 64.1 305.6 — 283.0 Income tax expense (benefit) (29.7 ) 23.2 108.5 — 102.0 Equity in earnings of subsidiaries, net of tax 297.8 — — (297.8 ) — Income (loss) from continuing operations 240.8 40.9 197.1 (297.8 ) 181.0 Income (loss) from discontinued operations, net of tax — — 59.8 — 59.8 Net income (loss) 240.8 40.9 256.9 (297.8 ) 240.8 Other comprehensive income (loss) 7.5 — (0.1 ) — 7.4 Total comprehensive income (loss) $ 248.3 $ 40.9 $ 256.8 $ (297.8 ) $ 248.2 Net income (loss) 240.8 40.9 256.9 (297.8 ) 240.8 Preferred stock dividends 5.2 — — — 5.2 Net income (loss) applicable to common shareowners $ 235.6 $ 40.9 $ 256.9 $ (297.8 ) $ 235.6 Six Months Ended June 30, 2014 Parent (Guarantor) CBT (Issuer) Other Non-guarantors Eliminations Total Revenue $ — $ 327.6 $ 257.7 $ (20.1 ) $ 565.2 Operating costs and expenses 11.7 230.3 245.6 (20.1 ) 467.5 Operating income (loss) (11.7 ) 97.3 12.1 — 97.7 Interest expense (income), net 74.1 (1.8 ) 6.0 — 78.3 Other expense (income), net (0.8 ) 3.9 (195.2 ) — (192.1 ) Income (loss) before equity in earnings of subsidiaries and income taxes (85.0 ) 95.2 201.3 — 211.5 Income tax expense (benefit) (24.7 ) 34.8 71.8 — 81.9 Equity in earnings of subsidiaries, net of tax 181.5 — — (181.5 ) — Income (loss) from continuing operations 121.2 60.4 129.5 (181.5 ) 129.6 Income (loss) from discontinued operations, net of tax — — (8.4 ) — (8.4 ) Net income (loss) 121.2 60.4 121.1 (181.5 ) 121.2 Other comprehensive income (loss) 2.4 — — — 2.4 Total comprehensive income (loss) $ 123.6 $ 60.4 $ 121.1 $ (181.5 ) $ 123.6 Net income (loss) 121.2 60.4 121.1 (181.5 ) 121.2 Preferred stock dividends 5.2 — — — 5.2 Net income (loss) applicable to common shareowners $ 116.0 $ 60.4 $ 121.1 $ (181.5 ) $ 116.0 Condensed Consolidating Balance Sheets As of June 30, 2015 (dollars in millions) Parent (Guarantor) CBT (Issuer) Other Non-guarantors Eliminations Total Cash and cash equivalents $ 8.7 $ 3.2 $ 2.9 $ — $ 14.8 Receivables, net 0.7 — 154.5 — 155.2 Other current assets 25.7 31.2 45.3 (1.3 ) 100.9 Other current assets from discontinued operations — — 1.6 — 1.6 Total current assets 35.1 34.4 204.3 (1.3 ) 272.5 Property, plant and equipment, net 0.3 841.1 53.1 — 894.5 Investment in CyrusOne — — 124.9 — 124.9 Goodwill and intangibles, net — 2.2 12.5 — 14.7 Investments in and advances to subsidiaries 984.4 200.4 425.2 (1,610.0 ) — Other noncurrent assets 234.6 4.3 118.5 (154.4 ) 203.0 Total assets $ 1,254.4 $ 1,082.4 $ 938.5 $ (1,765.7 ) $ 1,509.6 Current portion of long-term debt $ 5.4 $ 3.8 $ 3.3 $ — $ 12.5 Accounts payable 1.0 87.6 36.7 — 125.3 Other current liabilities 44.6 52.7 17.8 — 115.1 Other current liabilities from discontinued operations — — 19.8 — 19.8 Total current liabilities 51.0 144.1 77.6 — 272.7 Long-term debt, less current portion 1,179.9 141.8 57.3 — 1,379.0 Other noncurrent liabilities 233.9 170.9 10.2 (155.7 ) 259.3 Other noncurrent liabilities from discontinued operations — — 2.1 — 2.1 Intercompany payables 192.7 — — (192.7 ) — Total liabilities 1,657.5 456.8 147.2 (348.4 ) 1,913.1 Shareowners’ (deficit) equity (403.1 ) 625.6 791.3 (1,417.3 ) (403.5 ) Total liabilities and shareowners’ equity (deficit) $ 1,254.4 $ 1,082.4 $ 938.5 $ (1,765.7 ) $ 1,509.6 As of December 31, 2014 Parent (Guarantor) CBT (Issuer) Other Non-guarantors Eliminations Total Cash and cash equivalents $ 56.2 $ 1.0 $ 0.7 $ — $ 57.9 Receivables, net 2.6 1.0 164.9 — 168.5 Other current assets 4.7 29.3 73.7 (1.2 ) 106.5 Other current assets from discontinued operations — — 4.7 — 4.7 Total current assets 63.5 31.3 244.0 (1.2 ) 337.6 Property, plant and equipment, net 0.2 764.0 51.2 — 815.4 Investment in CyrusOne — — 273.6 — 273.6 Goodwill and intangibles, net — 2.2 12.7 — 14.9 Investments in and advances to subsidiaries 1,066.1 220.8 260.5 (1,547.4 ) — Other noncurrent assets 294.2 4.9 190.5 (155.0 ) 334.6 Other noncurrent assets from discontinued operations — — 44.6 — 44.6 Total assets $ 1,424.0 $ 1,023.2 $ 1,077.1 $ (1,703.6 ) $ 1,820.7 Current portion of long-term debt $ 5.4 $ 3.9 $ 2.3 $ — $ 11.6 Accounts payable 1.0 73.8 57.2 — 132.0 Other current liabilities 52.3 52.8 20.0 0.1 125.2 Other current liabilities from discontinued operations — — 142.0 — 142.0 Total current liabilities 58.7 130.5 221.5 0.1 410.8 Long-term debt, less current portion 1,526.1 141.2 22.1 — 1,689.4 Other noncurrent liabilities 254.1 166.7 1.9 (156.4 ) 266.3 Other noncurrent liabilities from discontinued operations — — 102.7 — 102.7 Intercompany payables 233.4 — — (233.4 ) — Total liabilities 2,072.3 438.4 348.2 (389.7 ) 2,469.2 Shareowners’ (deficit) equity (648.3 ) 584.8 728.9 (1,313.9 ) (648.5 ) Total liabilities and shareowners’ equity (deficit) $ 1,424.0 $ 1,023.2 $ 1,077.1 $ (1,703.6 ) $ 1,820.7 Condensed Consolidating Statements of Cash Flows Six Months Ended June 30, 2015 (dollars in millions) Parent (Guarantor) CBT (Issuer) Other Non-guarantors Eliminations Total Cash flows provided by (used in) operating activities $ (22.9 ) $ 103.9 $ (48.3 ) $ — $ 32.7 Capital expenditures (0.1 ) (119.8 ) (12.6 ) — (132.5 ) Proceeds from sale of CyrusOne — — 426.0 — 426.0 Dividends received from CyrusOne — — 15.0 — 15.0 Proceeds from sale of assets — 0.1 — — 0.1 Distributions received from subsidiaries 5.3 — — (5.3 ) — Funding between Parent and subsidiaries, net — 20.3 (361.5 ) 341.2 — Other investing activities (0.2 ) — — — (0.2 ) Cash flows provided by (used in) investing activities 5.0 (99.4 ) 66.9 335.9 308.4 Funding between Parent and subsidiaries, net 333.6 — 7.6 (341.2 ) — Distributions paid to Parent — — (5.3 ) 5.3 — Net increase (decrease) in corporate credit and receivables facilities with initial maturities less than 90 days — — (16.6 ) — (16.6 ) Repayment of debt (357.2 ) (2.3 ) (1.9 ) — (361.4 ) Debt issuance costs (0.2 ) — (0.2 ) — (0.4 ) Other financing activities (5.8 ) — — — (5.8 ) Cash flows provided by (used in) financing activities (29.6 ) (2.3 ) (16.4 ) (335.9 ) (384.2 ) Increase (decrease) in cash and cash equivalents (47.5 ) 2.2 2.2 — (43.1 ) Beginning cash and cash equivalents 56.2 1.0 0.7 — 57.9 Ending cash and cash equivalents $ 8.7 $ 3.2 $ 2.9 $ — $ 14.8 Six Months Ended June 30, 2014 Parent (Guarantor) CBT (Issuer) Other Non-guarantors Eliminations Total Cash flows provided by (used in) operating activities $ (12.6 ) $ 119.8 $ (13.4 ) $ — $ 93.8 Capital expenditures — (57.4 ) (18.1 ) — (75.5 ) Proceeds from sale of CyrusOne — — 355.9 — 355.9 Dividends received from CyrusOne — — 16.4 — 16.4 Proceeds from sale of assets — 0.2 1.8 — 2.0 Other investing activities (0.2 ) — (5.5 ) — (5.7 ) Cash flows provided by (used in) investing activities (0.2 ) (57.2 ) 350.5 — 293.1 Funding between Parent and subsidiaries, net 402.3 (60.6 ) (341.7 ) — — Net increase (decrease) in corporate credit and receivables facilities with initial maturities less than 90 days (40.0 ) — 8.6 — (31.4 ) Repayment of debt (2.7 ) (2.0 ) (3.6 ) — (8.3 ) Proceeds from exercise of options and warrants 1.2 — — — 1.2 Other financing activities (5.8 ) — — — (5.8 ) Cash flows provided by (used in) financing activities 355.0 (62.6 ) (336.7 ) — (44.3 ) Increase (decrease) in cash and cash equivalents 342.2 — 0.4 — 342.6 Beginning cash and cash equivalents 2.1 1.8 0.7 — 4.6 Ending cash and cash equivalents $ 344.3 $ 1.8 $ 1.1 $ — $ 347.2
Supplemental Guarantor Information, High Yield Notes [Table Text Block]	The following information sets forth the Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) for the three and six months ended June 30, 2015 and 2014 , Condensed Consolidating Balance Sheets as of June 30, 2015 and December 31, 2014 , and Condensed Consolidating Statements of Cash Flows for the six months ended June 30, 2015 and 2014 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) Three Months Ended June 30, 2015 (dollars in millions) Parent (Issuer) Guarantors Non-guarantors Eliminations Total Revenue $ — $ 150.7 $ 144.8 $ (9.7 ) $ 285.8 Operating costs and expenses 6.4 141.8 117.6 (9.7 ) 256.1 Operating income (loss) (6.4 ) 8.9 27.2 — 29.7 Interest expense (income), net 28.4 (0.3 ) (0.1 ) — 28.0 Other expense (income), net 13.1 (290.9 ) (2.6 ) — (280.4 ) Income (loss) before equity in earnings of subsidiaries and income taxes (47.9 ) 300.1 29.9 — 282.1 Income tax expense (benefit) (15.6 ) 106.4 10.6 — 101.4 Equity in earnings of subsidiaries, net of tax 223.9 — — (223.9 ) — Income (loss) from continuing operations 191.6 193.7 19.3 (223.9 ) 180.7 Income (loss) from discontinued operations, net of tax — 10.9 — — 10.9 Net income (loss) 191.6 204.6 19.3 (223.9 ) 191.6 Other comprehensive income (loss) 5.8 — 0.2 — 6.0 Total comprehensive income (loss) $ 197.4 $ 204.6 $ 19.5 $ (223.9 ) $ 197.6 Net income (loss) 191.6 204.6 19.3 (223.9 ) 191.6 Preferred stock dividends 2.6 — — — 2.6 Net income (loss) applicable to common shareowners $ 189.0 $ 204.6 $ 19.3 $ (223.9 ) $ 189.0 Three Months Ended June 30, 2014 Parent (Issuer) Guarantors Non-guarantors Eliminations Total Revenue $ — $ 142.0 $ 151.1 $ (10.1 ) $ 283.0 Operating costs and expenses 5.2 136.1 104.5 (10.1 ) 235.7 Operating income (loss) (5.2 ) 5.9 46.6 — 47.3 Interest expense (income), net 37.4 2.7 (0.6 ) — 39.5 Other expense (income), net (0.5 ) (187.4 ) (3.4 ) — (191.3 ) Income (loss) before equity in earnings of subsidiaries and income taxes (42.1 ) 190.6 50.6 — 199.1 Income tax expense (benefit) (11.5 ) 68.1 18.8 — 75.4 Equity in earnings of subsidiaries, net of tax 144.8 — — (144.8 ) — Income (loss) from continuing operations 114.2 122.5 31.8 (144.8 ) 123.7 Income (loss) from discontinued operations, net of tax — (9.5 ) — — (9.5 ) Net income (loss) 114.2 113.0 31.8 (144.8 ) 114.2 Other comprehensive income (loss) 0.6 — — — 0.6 Total comprehensive income (loss) $ 114.8 $ 113.0 $ 31.8 $ (144.8 ) $ 114.8 Net income (loss) 114.2 113.0 31.8 (144.8 ) 114.2 Preferred stock dividends 2.6 — — — 2.6 Net income (loss) applicable to common shareowners $ 111.6 $ 113.0 $ 31.8 $ (144.8 ) $ 111.6 Condensed Consolidating Statements of Operations and Comprehensive Income (Loss) Six Months Ended June 30, 2015 (dollars in millions) Parent (Issuer) Guarantors Non-guarantors Eliminations Total Revenue $ — $ 303.6 $ 294.5 $ (19.4 ) $ 578.7 Operating costs and expenses 11.7 289.1 230.5 (19.4 ) 511.9 Operating income (loss) (11.7 ) 14.5 64.0 — 66.8 Interest expense (income), net 62.3 (1.0 ) (0.6 ) — 60.7 Other expense (income), net 12.7 (284.8 ) (4.8 ) — (276.9 ) Income (loss) before equity in earnings of subsidiaries and income taxes (86.7 ) 300.3 69.4 — 283.0 Income tax expense (benefit) (29.7 ) 106.4 25.3 — 102.0 Equity in earnings of subsidiaries, net of tax 297.8 — — (297.8 ) — Income (loss) from continuing operations 240.8 193.9 44.1 (297.8 ) 181.0 Income (loss) from discontinued operations, net of tax — 59.8 — — 59.8 Net income (loss) 240.8 253.7 44.1 (297.8 ) 240.8 Other comprehensive income (loss) 7.5 — (0.1 ) — 7.4 Total comprehensive income (loss) $ 248.3 $ 253.7 $ 44.0 $ (297.8 ) $ 248.2 Net income (loss) 240.8 253.7 44.1 (297.8 ) 240.8 Preferred stock dividends 5.2 — — — 5.2 Net income (loss) applicable to common shareowners $ 235.6 $ 253.7 $ 44.1 $ (297.8 ) $ 235.6 Six Months Ended June 30, 2014 Parent (Issuer) Guarantors Non-guarantors Eliminations Total Revenue $ — $ 284.4 $ 300.9 $ (20.1 ) $ 565.2 Operating costs and expenses 11.7 269.6 206.3 (20.1 ) 467.5 Operating income (loss) (11.7 ) 14.8 94.6 — 97.7 Interest expense (income), net 74.1 5.2 (1.0 ) — 78.3 Other expense (income), net (0.8 ) (184.8 ) (6.5 ) — (192.1 ) Income (loss) before equity in earnings of subsidiaries and income taxes (85.0 ) 194.4 102.1 — 211.5 Income tax expense (benefit) (24.7 ) 69.3 37.3 — 81.9 Equity in earnings of subsidiaries, net of tax 181.5 — — (181.5 ) — Income (loss) from continuing operations 121.2 125.1 64.8 (181.5 ) 129.6 Income (loss) from discontinued operations, net of tax — (8.4 ) — — (8.4 ) Net income (loss) 121.2 116.7 64.8 (181.5 ) 121.2 Other comprehensive income (loss) 2.4 — — — 2.4 Total comprehensive income (loss) $ 123.6 $ 116.7 $ 64.8 $ (181.5 ) $ 123.6 Net income (loss) 121.2 116.7 64.8 (181.5 ) 121.2 Preferred stock dividends 5.2 — — — 5.2 Net income (loss) applicable to common shareowners $ 116.0 $ 116.7 $ 64.8 $ (181.5 ) $ 116.0 Condensed Consolidating Balance Sheets As of June 30, 2015 (dollars in millions) Parent (Issuer) Guarantors Non-guarantors Eliminations Total Cash and cash equivalents $ 8.7 $ 1.3 $ 4.8 $ — $ 14.8 Receivables, net 0.7 4.5 150.0 — 155.2 Other current assets 25.7 41.9 34.6 (1.3 ) 100.9 Other current assets from discontinued operations — 1.6 — — 1.6 Total current assets 35.1 49.3 189.4 (1.3 ) 272.5 Property, plant and equipment, net 0.3 52.7 841.5 — 894.5 Investment in CyrusOne — 124.9 — — 124.9 Goodwill and intangibles, net — 12.5 2.2 — 14.7 Investments in and advances to subsidiaries 984.4 599.6 157.3 (1,741.3 ) — Other noncurrent assets 234.6 119.2 3.6 (154.4 ) 203.0 Total assets $ 1,254.4 $ 958.2 $ 1,194.0 $ (1,897.0 ) $ 1,509.6 Current portion of long-term debt $ 5.4 $ 3.3 $ 3.8 $ — 12.5 Accounts payable 1.0 70.4 53.9 — 125.3 Other current liabilities 44.6 22.8 47.7 — 115.1 Other current liabilities from discontinued operations — 19.8 — — 19.8 Total current liabilities 51.0 116.3 105.4 — 272.7 Long-term debt, less current portion 1,179.9 54.7 144.4 — 1,379.0 Other noncurrent liabilities 233.9 16.7 164.4 (155.7 ) 259.3 Other noncurrent liabilities from discontinued operations — 2.1 — — 2.1 Intercompany payables 192.7 — 140.2 (332.9 ) — Total liabilities 1,657.5 189.8 554.4 (488.6 ) 1,913.1 Shareowners’ (deficit) equity (403.1 ) 768.4 639.6 (1,408.4 ) (403.5 ) Total liabilities and shareowners’ equity (deficit) $ 1,254.4 $ 958.2 $ 1,194.0 $ (1,897.0 ) $ 1,509.6 As of December 31, 2014 Parent (Issuer) Guarantors Non-guarantors Eliminations Total Cash and cash equivalents $ 56.2 $ 0.2 $ 1.5 $ — $ 57.9 Receivables, net 2.6 6.1 159.8 — 168.5 Other current assets 4.7 69.9 33.1 (1.2 ) 106.5 Other current assets from discontinued operations — 4.7 — — 4.7 Total current assets 63.5 80.9 194.4 (1.2 ) 337.6 Property, plant and equipment, net 0.2 50.8 764.4 — 815.4 Investment in CyrusOne — 273.6 — — 273.6 Goodwill and intangibles, net — 12.7 2.2 — 14.9 Investments in and advances to subsidiaries 1,066.1 403.6 199.3 (1,669.0 ) — Other noncurrent assets 294.2 191.6 3.8 (155.0 ) 334.6 Other noncurrent assets from discontinued operations — 44.6 — — 44.6 Total assets $ 1,424.0 $ 1,057.8 $ 1,164.1 $ (1,825.2 ) $ 1,820.7 Current portion of long-term debt $ 5.4 $ 2.3 $ 3.9 $ — $ 11.6 Accounts payable 1.0 76.2 54.8 — 132.0 Other current liabilities 52.3 23.5 49.3 0.1 125.2 Other current liabilities from discontinued operations — 142.0 — — 142.0 Total current liabilities 58.7 244.0 108.0 0.1 410.8 Long-term debt, less current portion 1,526.1 2.9 160.4 — 1,689.4 Other noncurrent liabilities 254.1 4.6 164.0 (156.4 ) 266.3 Other noncurrent liabilities from discontinued operations — 102.7 — — 102.7 Intercompany payables 233.4 — 131.9 (365.3 ) — Total liabilities 2,072.3 354.2 564.3 (521.6 ) 2,469.2 Shareowners’ (deficit) equity (648.3 ) 703.6 599.8 (1,303.6 ) (648.5 ) Total liabilities and shareowners’ equity (deficit) $ 1,424.0 $ 1,057.8 $ 1,164.1 $ (1,825.2 ) $ 1,820.7 Condensed Consolidating Statements of Cash Flows Six Months Ended June 30, 2015 (dollars in millions) Parent (Issuer) Guarantors Non-guarantors Eliminations Total Cash flows provided by (used in) operating activities $ (22.9 ) $ (40.4 ) $ 96.0 $ — $ 32.7 Capital expenditures (0.1 ) (12.6 ) (119.8 ) — (132.5 ) Proceeds from sale of CyrusOne — 426.0 — — 426.0 Dividends received from CyrusOne — 15.0 — — 15.0 Proceeds from sale of assets — — 0.1 — 0.1 Distributions received from subsidiaries 5.3 — — (5.3 ) — Funding between Parent and subsidiaries, net — (385.0 ) 42.8 342.2 — Other investing activities (0.2 ) — — — (0.2 ) Cash flows provided by (used in) investing activities 5.0 43.4 (76.9 ) 336.9 308.4 Funding between Parent and subsidiaries, net 333.6 — 8.6 (342.2 ) — Distributions paid to Parent — — (5.3 ) 5.3 — Net increase (decrease) in corporate credit and receivables facilities with initial maturities less than 90 days — — (16.6 ) — (16.6 ) Repayment of debt (357.2 ) (1.9 ) (2.3 ) — (361.4 ) Debt issuance costs (0.2 ) — (0.2 ) — (0.4 ) Other financing activities (5.8 ) — — — (5.8 ) Cash flows provided by (used in) financing activities (29.6 ) (1.9 ) (15.8 ) (336.9 ) (384.2 ) Increase (decrease) in cash and cash equivalents (47.5 ) 1.1 3.3 — (43.1 ) Beginning cash and cash equivalents 56.2 0.2 1.5 — 57.9 Ending cash and cash equivalents $ 8.7 $ 1.3 $ 4.8 $ — $ 14.8 Six Months Ended June 30, 2014 Parent (Issuer) Guarantors Non-guarantors Eliminations Total Cash flows provided by (used in) operating activities $ (12.6 ) $ (18.8 ) $ 125.2 $ — $ 93.8 Capital expenditures — (18.1 ) (57.4 ) — (75.5 ) Proceeds from sale of CyrusOne — 355.9 — — 355.9 Dividends received from CyrusOne — 16.4 — — 16.4 Proceeds from sale of assets — — 2.0 — 2.0 Other investing activities (0.2 ) (5.5 ) — — (5.7 ) Cash flows provided by (used in) investing activities (0.2 ) 348.7 (55.4 ) — 293.1 Funding between Parent and subsidiaries, net 402.3 (328.2 ) (74.1 ) — — Net increase (decrease) in corporate credit and receivables facilities with initial maturities less than 90 days (40.0 ) — 8.6 — (31.4 ) Repayment of debt (2.7 ) (1.4 ) (4.2 ) — (8.3 ) Proceeds from exercise of options and warrants 1.2 — — — 1.2 Other financing activities (5.8 ) — — — (5.8 ) Cash flows provided by (used in) financing activities 355.0 (329.6 ) (69.7 ) — (44.3 ) Increase (decrease) in cash and cash equivalents 342.2 0.3 0.1 — 342.6 Beginning cash and cash equivalents 2.1 0.3 2.2 — 4.6 Ending cash and cash equivalents $ 344.3 $ 0.6 $ 2.3 $ — $ 347.2

Description of Business and A31

Description of Business and Accounting Policies (Details) $ / shares in Units, shares in Millions	3 Months Ended				6 Months Ended		12 Months Ended
	Sep. 30, 2015USD ($)$ / sharesshares	Jun. 30, 2015USD ($)$ / sharesshares	Sep. 30, 2014USD ($)	Jun. 30, 2014USD ($)$ / sharesshares	Jun. 30, 2015USD ($)shares	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)	Jul. 01, 2015shares
Number of Operating Segments							3
Proceeds from Sale of Intangible Assets			$ 194,400,000
Equity Method Investment Sold, Partnership Units | shares	6	14.3		16
Sale of Partnership Units, Price Per Unit | $ / shares	$ 28.41	$ 29.88		$ 22.26
Proceeds from Sale of Equity Method Investments	$ 170,300,000	$ 426,000,000		$ 355,900,000	$ 426,000,000	$ 355,900,000
Total ownership interests in Equity Method Investee, Percentage		18.00%			18.00%			11.00%
Investment owned in CyrusOne Inc., Balance, Shares | shares		1.9			1.9			1.9
Investment owned in CyrusOne LP, Balance, Partnership Units | shares		12.3			12.3			6.3
Number of customers, exceeds 10% of total accounts receivable		1			1
Accounts Receivable from customers greater than 10%, percentage		$ 0.23			$ 0.23		$ 0.26
Revenue from customers greater than 10%, percentage		0.11		0.19	0.12	0.15
Dividends received from CyrusOne		$ 9,000,000		9,300,000	$ 15,000,000	$ 16,400,000
Payments to Acquire Equity Method Investments				$ 5,500,000

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Sep. 30, 2014	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Apr. 01, 2015	Dec. 31, 2014
Proceeds from Sale of Intangible Assets			$ 194.4
Indefinite-Lived Intangible Assets (Excluding Goodwill)			88.2
Gain on Liabilities and Other Assets transferred in Sale of Business Affiliate and Productive Assets	$ (15.9)				$ (15.9)	$ 0
Property, plant and equipment, net	894.5				894.5			$ 815.4
Current portion of long-term debt	12.5				12.5			11.6
Selling, General and Administrative Expense	57			$ 49.5	109.2	98.8
Depreciation and amortization	34			31	66.6	62.1
Restructuring charges	2.3	$ 3.4		1.2	5.7	1.2
Amortization of deferred gain					6.5	10.1
Operating income	29.7			47.3	66.8	97.7
Other Nonoperating Income (Expense)	0			0.9	(0.4)	1.2
Gain on sale of wireless spectrum licenses					(112.6)	0
Other noncurrent liabilities	39.1				39.1			26.2
Prepaid Expense, Current	13.8				13.8			10.8
Income tax expense (benefit)	101.4			75.4	102	81.9
Net income	191.6			114.2	240.8	121.2
Disposal Group, Including Discontinued Operation, Other Assets, Current	1.6				1.6			4.7
Disposal Group, Including Discontinued Operation, Other Assets, Noncurrent	0				0			44.6
Restructuring Reserve, Current	2.4				2.4			4.9
Other current liabilities from discontinued operations	19.8				19.8			142
Restructuring Reserve, Noncurrent	0.2				0.2
Other noncurrent liabilities from discontinued operations	2.1				2.1			102.7
Liabilities	1,913.1				1,913.1			2,469.2
Payments for Restructuring	(3.5)	(4.5)
Payments to Acquire Property, Plant, and Equipment	74.6			40.6	132.5	75.5
Continuing Operations [Member]
Long-term Debt, Current Maturities	1.1				1.1			1.1
Long-term Debt, Excluding Current Maturities	52.8				52.8			57
Other noncurrent liabilities	9.4				9.4			7.5
Net income	180.7			123.7	181	129.6
Liabilities	63.3				63.3			65.6
Payments to Acquire Property, Plant, and Equipment						69.3
Discontinued Operations [Member]
Gain on Liabilities and Other Assets transferred in Sale of Business Affiliate and Productive Assets	(15.9)			0	15.9	0
Property, plant and equipment, net							$ 16
Current portion of long-term debt							0.5
Long-term debt, less current portion							24.8
Other non-current liabilities	0				0		6.6	8
Total Liabilities	21.9				21.9		$ 31.9	244.7
Revenue	0			41.2	4.4	85.9
Cost of products and services	0			19.7	12	39.5
Selling, General and Administrative Expense	0.9			5.2	2.2	11.4
Depreciation and amortization	0			29.3	28.6	45.1
Restructuring charges	0			5.2	6.4	5.2
Amortization of deferred gain	0			(6.5)	(6.5)	(10.1)
Operating Costs and Expenses	0.9			52.9	42.7	91.1
Operating income	(0.9)			(11.7)	(38.3)	(5.2)
Interest Income (Expense), Net	(0.9)			1.2	(1.7)	2.7
Other Nonoperating Income (Expense)	(0.1)			1	(0.1)	1.9
Gain on sale of wireless spectrum licenses	0	$ (112.6)		0	112.6	0
Long-term Debt, Current Maturities	0				0			1.6
Long-term Debt, Excluding Current Maturities	0				0			81.6
Prepaid Expense, Current	0		$ 6.4		0			3.2
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax	16			(13.9)	92	(9.8)
Income tax expense (benefit)	5.1			(4.4)	32.2	(1.4)
Net income	10.9			$ (9.5)	59.8	(8.4)
Disposal Group, Including Discontinued Operation, Other Assets, Current	1.6				1.6			1.5
Disposal Group, Including Discontinued Operation, Assets, Current	1.6				1.6			4.7
Disposal Group, Including Discontinued Operation, Property, Plant and Equipment	0				0			44.1
Disposal Group, Including Discontinued Operation, Other Assets, Noncurrent	0				0			0.5
Disposal Group, Including Discontinued Operation, Assets, Noncurrent	0				0			44.6
Disposal Group, Including Discontinued Operation, Assets	1.6				1.6			49.3
Restructuring Reserve, Current	14.1				14.1			15.4
Accounts Payable	2				2			5
Deferred Gain on Sale of Property	0				0			112.6
Other current liabilities from discontinued operations	3.7				3.7			7.4
Disposal Group, Including Discontinued Operation, Liabilities, Current	19.8				19.8			142
Restructuring Reserve, Noncurrent	2.1				2.1			0
Other noncurrent liabilities from discontinued operations	2.1				2.1			102.7
Increase (Decrease) in Prepaid Rent					3.2	0
Payments for Restructuring					(6)	(0.6)
Payments to Acquire Property, Plant, and Equipment					0	$ (6.2)
Wireless Towers [Member] | Discontinued Operations [Member]
Deferred Gain on Sale of Property	$ 0				$ 0			$ 13.1

Investment in CyrusOne (Details

Investment in CyrusOne (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended			6 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Jul. 01, 2015	Dec. 31, 2014	Dec. 31, 2013
Schedule of Equity Method Investments [Line Items]
Equity Method Investment Sold, Partnership Units	6	14.3	16
Sale of Partnership Units, Price Per Unit	$ 28.41	$ 29.88	$ 22.26
Proceeds from Sale of Equity Method Investments	$ 170.3	$ 426	$ 355.9	$ 426	$ 355.9
Equity Method Investment, Realized Gain (Loss) on Disposal	$ 117.7	$ 295.2	192.8	$ 295.2	192.8
Total ownership interests in CyrusOne, Percentage		18.00%		18.00%		11.00%
Investment owned in CyrusOne Inc., Balance, Shares		1.9		1.9		1.9
Investment owned in CyrusOne LP, Balance, Partnership Units		12.3		12.3		6.3
(Income) loss from CyrusOne equity method investment		$ 1.3	2.4	$ 4.4	1.9
Equity Method Investments, Fair Value Disclosure		419.1		419.1			$ 785
Dividends received from CyrusOne		9	9.3	15	16.4
Assets Deconsolidated [Abstract]
Cash		14.8	347.2	14.8	347.2		57.9	$ 4.6
Receivables		150		150			160.8
Other current assets		1.3		1.3			1.8
Property, plant and equipment		894.5		894.5			815.4
Other noncurrent assets		28.6		28.6			33.9
Total assets		1,509.6		1,509.6			1,820.7
Liabilities Deconsolidated [Abstract]
Current portion of long-term debt		12.5		12.5			11.6
Accounts payable		123.7		123.7			131.6
Unearned revenue and customer deposits		27.7		27.7			30.4
Other current liabilities		23.9		23.9			25.8
Long-term debt		1,379		1,379			1,689.4
Other noncurrent liabilities		39.1		39.1			26.2
Total liabilities		1,913.1		1,913.1			$ 2,469.2
Equity Method Investment, Summarized Financial Information, Income Statement [Abstract]
Operating income (loss)		$ 29.7	47.3	$ 66.8	97.7
CyrusOne [Member]
Schedule of Equity Method Investments [Line Items]
Dividends Payable, Amount Per Share		$ 0.315		$ 0.315
Equity Method Investment, Summarized Financial Information, Income Statement [Abstract]
Revenue		$ 89.1	81.7	$ 174.8	159.2
Operating income (loss)		2.6	7.4	4.2	19.2
Net income (loss)		(6.5)	(3.6)	(13.7)	(2.9)
CyrusOne [Member]
Schedule of Equity Method Investments [Line Items]
Revenue from Related Parties		$ 0.4	$ 0.4	$ 0.7	$ 0.9

Investment in CyrusOne - Schedu

Investment in CyrusOne - Schedule of Related Party Transactions (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Amounts receivable from and payable to CyrusOne
Dividends receivable	$ 4.5	$ 6	$ 4.5	$ 6
Receivable from CyrusOne	5.2		5.2		$ 7.7
Payable to CyrusOne	1.6		1.6		0.4
CyrusOne [Member]
Related Party Transaction [Line Items]
Income Tax Receivable from Related Party	0.7		0.7		1.7
Revenue:
Services provided to CyrusOne	0.4	0.4	0.7	0.9
Operating costs and expenses:
Charges for services provided by CyrusOne	2.5	2.3	5	4.6
Administrative services provided to CyrusOne	(0.1)	(0.1)	(0.2)	(0.2)
Total operating costs and expenses	2.4	$ 2.2	4.8	$ 4.4
Amounts receivable from and payable to CyrusOne
Accounts receivable	0.7		0.7		1.7
Dividends receivable	4.5		4.5		6
Receivable from CyrusOne	5.2		5.2		7.7
Accounts payable	1.6		1.6		0.4
Payable to CyrusOne	$ 1.6		$ 1.6		$ 0.4

Earnings Per Common Share (Deta

Earnings Per Common Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Earnings Per Share, Diluted	$ 0.89	$ 0.53	$ 1.12	$ 0.55
Income (Loss) from Continuing Operations, Per Diluted Share	0.84	0.58	0.84	0.59
Diluted earnings (loss) per common share from discontinued operations	0.05	(0.05)	0.28	(0.04)
Income (Loss) from Continuing Operations, Per Basic Share	0.85	0.58	0.84	0.60
Basic earnings (loss) per common share from discontinued operations	$ 0.05	$ (0.04)	$ 0.29	$ (0.04)
Numerator:
Net income (loss)	$ 191.6	$ 114.2	$ 240.8	$ 121.2
Preferred stock dividends	2.6	2.6	5.2	5.2
Net income (loss) applicable to common shareowners - basic and diluted	$ 189	$ 111.6	$ 235.6	$ 116
Denominator:
Weighted average common shares outstanding - basic	209.7	208.5	209.4	208.2
Stock-based compensation arrangements	0.4	0.9	0.7	1
Incremental Common Shares Attributable to Dilutive Effect of Conversion of Preferred Stock	4.5	0
Weighted average common shares outstanding - diluted	214.6	209.4	210.1	209.2
Basic and diluted earnings (loss) per common share	$ 0.90	$ 0.54	$ 1.13	$ 0.56
Discontinued Operations [Member]
Numerator:
Net income (loss)	$ 10.9	$ (9.5)	$ 59.8	$ (8.4)
Preferred stock dividends	0	0	0	0
Net income (loss) applicable to common shareowners - basic and diluted	$ 10.9	$ (9.5)	$ 59.8	$ (8.4)
Denominator:
Weighted average common shares outstanding - basic	209.7	208.5	209.4	208.2
Stock-based compensation arrangements	0.4	0.9	0.7	1
Incremental Common Shares Attributable to Dilutive Effect of Conversion of Preferred Stock	4.5	0
Weighted average common shares outstanding - diluted	214.6	209.4	210.1	209.2
Continuing Operations [Member]
Numerator:
Net income (loss)	$ 180.7	$ 123.7	$ 181	$ 129.6
Preferred stock dividends	2.6	2.6	5.2	5.2
Net income (loss) applicable to common shareowners - basic and diluted	$ 178.1	$ 121.1	$ 175.8	$ 124.4
Denominator:
Weighted average common shares outstanding - basic	209.7	208.5	209.4	208.2
Stock-based compensation arrangements	0.4	0.9	0.7	1
Incremental Common Shares Attributable to Dilutive Effect of Conversion of Preferred Stock	4.5	0
Weighted average common shares outstanding - diluted	214.6	209.4	210.1	209.2
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	3.4	3.2	3.7	3.5
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

Debt Debt - Schedule of Debt (D

Debt Debt - Schedule of Debt (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended			6 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Debt Instrument [Line Items]
Equity Method Investment Sold, Partnership Units	6	14.3	16
Current portion of long-term debt		$ 12.5		$ 12.5		$ 11.6
Corporate Credit Agreement		0		0
Receivables facility amount outstanding		2.6		2.6		19.2
Long-term debt, less current portion		1,379		1,379		1,689.4
Net unamortized discount		(1.6)		(1.6)		(3.2)
Total debt		1,391.5		1,391.5		1,701
Loss on extinguishment of debt		$ (13.5)	$ 0	$ (13.5)	$ 0
Senior Notes due 2017 [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage
Senior Subordinated Notes due 2018 [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		8.75%		8.75%
Debt Instrument, Face Amount		$ 0		$ 0		300
Capital lease Obligations and Other Debt [Member]
Debt Instrument [Line Items]
Current portion of long-term debt		7.1		7.1		6.2
Long-term debt, less current portion		$ 62.2		$ 62.2		9.9
Senior Notes due 2020 [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		8.375%		8.375%
Debt Instrument, Face Amount		$ 616.1		$ 616.1		661.2
Senior Notes due 2023 [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		7.25%		7.25%
Debt Instrument, Face Amount		$ 40		$ 40		40
Various Cincinnati Bell Telephone Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount		134.5		134.5		134.5
Long-term debt, less current portion, before deducting unamortized discount or premium [Member]
Debt Instrument [Line Items]
Long-term debt, less current portion		1,380.6		1,380.6		1,692.6
Current Portion of Long-Term Debt [Member] | Tranche B Term Loan [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount		5.4		5.4		5.4
Long-Term Debt, Less Current Portion [Member] | Tranche B Term Loan [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount		525.2		525.2		$ 527.8
Senior Notes due 2020 [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 107.9	$ 45.1		45.1
Debt Instrument, Redemption Price, Percentage	105.30%	106.45%
Loss on extinguishment of debt	$ 6	$ 3.1
Senior Subordinated Notes due 2018 [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount		$ 300		$ 300
Debt Instrument, Redemption Price, Percentage		102.188%
Loss on extinguishment of debt		$ 10.4

Debt Debt - Credit Facility (De

Debt Debt - Credit Facility (Details) - Debt Instrument, Name [Domain] - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Line of Credit Facility [Line Items]
CyrusOne Credit Agreement	$ 175
Line of Credit Facility, Amount Outstanding	0
Receivables facility amount outstanding	2.6	$ 19.2
Letters of Credit Outstanding, Amount	6.3
Receivables Facility Remaining Borrowing Capacity	110.4
Receivables facility maximum borrowing availability	119.3
Receivables facility maximum borrowing capacity	$ 120

Financial Instruments and Fai38

Financial Instruments and Fair Value Measurements (Details) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment in CyrusOne, carrying value	$ 124.9	$ 273.6
Investment in CyrusOne, fair value	419.1	785
Long-term debt, including current portion	1,323.2	1,686.1
Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, including current portion	$ 1,353.2	$ 1,717.4

Restructuring Charges (Details)

Restructuring Charges (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Restructuring Reserve [Roll Forward]
Beginning balance	$ 3.8	$ 4.9		$ 4.9
Charges	2.3	3.4	$ 1.2	5.7	$ 1.2
Utilizations	(3.5)	(4.5)
Ending balance	2.6	3.8		2.6
Restructuring liabilities included in other current liabilities	2.4			2.4		$ 4.9
Restructuring liabilities included in other noncurrent liabilities	0.2			0.2
Employee Severance [Member]
Restructuring Reserve [Roll Forward]
Beginning balance	2.1	3		3
Charges	0.9	2.2
Utilizations	(1.5)	(3.1)
Ending balance	1.5	2.1		1.5
Lease Abandonment [Member]
Restructuring Reserve [Roll Forward]
Beginning balance	1.6	1.8		1.8
Charges	0.2	0
Utilizations	(0.8)	(0.2)
Ending balance	1	1.6		1
Other Restructuring [Member]
Restructuring Reserve [Roll Forward]
Beginning balance	0.1	0.1		0.1
Charges	1.2	1.2
Utilizations	(1.2)	(1.2)
Ending balance	0.1	0.1		0.1
Entertainment and Communications [Member]
Restructuring Reserve [Roll Forward]
Beginning balance	1.5	3.9		3.9
Charges	0.8	0.8
Utilizations	(1.1)	(3.2)
Ending balance	1.2	1.5		1.2
IT Services and Hardware [Member]
Restructuring Reserve [Roll Forward]
Beginning balance	1.7	0.3		0.3
Charges	0.3	2.2
Utilizations	(0.8)	(0.8)
Ending balance	1.2	1.7		1.2
Corporate [Member]
Restructuring Reserve [Roll Forward]
Beginning balance	0.6	0.7		0.7
Charges	1.2	0.4
Utilizations	(1.6)	(0.5)
Ending balance	$ 0.2	$ 0.6		$ 0.2

Pension and Postretirement Pl40

Pension and Postretirement Plans (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2015
Defined Benefit Plan Disclosure [Line Items]
Capitalized portion of defined benefit contribution percent	10.00%	10.00%	10.00%	10.00%
Defined Benefit Plan, Estimated Future Employer Contributions in Current Fiscal Year					$ 20
Amortization of:
Gain (Loss) on Curtailments	$ 0.3	$ 0	$ 0.3	$ 0
Increase (Decrease) in Pension Plan Obligations	1.7
Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Pension and Other Postretirement Benefit Contributions			11.1
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Service Cost	0.3	0.2	0.3	0.5
Interest cost on projected benefit obligation	4.9	6	9.5	10.5
Expected return on plan assets	(7.3)	(7.3)	(14.5)	(14.1)
Amortization of:
Prior service cost (benefit)	0	0.1	0.1	0.1
Actuarial loss	9.4	3.4	14.5	8.7
Total amortization	9.4	3.5	14.6	8.8
Benefit costs	7.6	2.4	10.2	5.7
Gain (Loss) on Curtailments	(0.3)	0	(0.3)	0
Other Postretirement Benefit Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Pension and Other Postretirement Benefit Contributions			4.3
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Service Cost	0	0	0.1	0.1
Interest cost on projected benefit obligation	0.9	1.1	1.7	2
Expected return on plan assets	0	0	0	0
Amortization of:
Prior service cost (benefit)	(3.8)	(3.9)	(7.7)	(7.7)
Actuarial loss	1.3	1.4	2.7	2.7
Total amortization	(2.5)	(2.5)	(5)	(5)
Benefit costs	(1.6)	(1.4)	(3.2)	(2.9)
Gain (Loss) on Curtailments	$ 0	$ 0	$ 0	$ 0

Stock-Based and Other Compens41

Stock-Based and Other Compensation Plans (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	$ 1.3	$ 1.7	$ 3.3	$ 2.6
Stock-Based Compensation Mark-to-Market	0.5	$ 0.4	0.9	0.2
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized	$ 14.3		$ 14.3
Stock Options, SARs, and Restricted Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition			2 years
Performance-Based Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition			2 years
Deferred Compensation, Share-based Payments [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common shares deferred under deferred compensation plans	0.3	0.6
Deferred Compensation, Compensation Expense	$ 0.1	$ 0.4	$ 0.2	$ 0

Shareowners' Deficit Accumulate

Shareowners' Deficit Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Changes in Accumulated Other Comprehensive Loss by Component [Roll Forward]
Beginning balance				$ (173.9)
Reclassifications, net				6.4
Foreign currency loss (gain)		$ 0.2	$ 0	(0.1)	$ 0
Ending balance		(166.5)		(166.5)
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, Net of Tax		1.1	$ 0	1.1	$ 0
Accumulated Translation Adjustment [Member]
Changes in Accumulated Other Comprehensive Loss by Component [Roll Forward]
Beginning balance				(0.3)
Reclassifications, net				0
Foreign currency loss (gain)				(0.1)
Ending balance		(0.4)		(0.4)
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, Net of Tax				0
Accumulated Defined Benefit Plans Adjustment [Member]
Changes in Accumulated Other Comprehensive Loss by Component [Roll Forward]
Beginning balance				(173.6)
Reclassifications, net	[1]			6.4
Foreign currency loss (gain)				0
Ending balance		$ (166.1)		(166.1)
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, Net of Tax				$ 1.1
[1]	These reclassifications are included in the components of net periodic pension and postretirement benefit costs (see Note 8 for additional details). The components of net periodic pension and postretirement benefit cost are reported within "Cost of services," "Cost of products sold," and "Selling, general and administrative" expenses on the Condensed Consolidated Statements of Operations.

Business Segment Information (D

Business Segment Information (Details) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)
Segment Reporting Information, Additional Information [Abstract]
Number of Operating Segments					3
(Income) loss from CyrusOne equity method investment	$ 1.3	$ 2.4	$ 4.4	$ 1.9
Investment in CyrusOne	124.9		124.9		$ 273.6
Segment Reporting Information [Line Items]
Revenue	285.8	283	578.7	565.2
Operating income (loss)	29.7	47.3	66.8	97.7
Expenditures for long-lived assets	74.6	40.6	132.5	75.5
Depreciation and amortization	34	31	66.6	62.1
Assets	1,509.6		1,509.6		1,820.7
Entertainment and Communications [Member]
Segment Reporting Information [Line Items]
Revenue	182.4	184.7	370.5	368.3
Operating income (loss)	30.1	49.6	71.4	101.4
Expenditures for long-lived assets	70.1	38.1	124.1	64.3
Depreciation and amortization	31	28.2	60.5	56.3
Assets	911.5		911.5		833.2
IT Services and Hardware [Member]
Segment Reporting Information [Line Items]
Revenue	106.3	101.6	213.9	203.5
Operating income (loss)	6.2	2.8	7.3	8.2
Expenditures for long-lived assets	4.4	2.5	8.3	5
Depreciation and amortization	3	2.8	6.1	5.6
Assets	62.3		62.3		61.4
Discontinued Operations [Member]
Segment Reporting Information [Line Items]
Assets	1.6		1.6		49.3
Corporate Segment [Member]
Segment Reporting Information [Line Items]
Operating income (loss)	(6.6)	(5.1)	(11.9)	(11.9)
Expenditures for long-lived assets	0.1	0	0.1	0
Depreciation and amortization	0	0	0	0.2
Intersegment Elimination [Member]
Segment Reporting Information [Line Items]
Revenue	(2.9)	(3.3)	(5.7)	(6.6)
Intersegment Elimination [Member] | Entertainment and Communications [Member]
Segment Reporting Information [Line Items]
Revenue	0.4	0.3	0.7	0.5
Intersegment Elimination [Member] | IT Services and Hardware [Member]
Segment Reporting Information [Line Items]
Revenue	2.5	3	5	6.1
Intersegment Elimination [Member] | Corporate Segment [Member]
Segment Reporting Information [Line Items]
Assets	534.2		534.2		$ 876.8
Sales [Member] | Intersegment Elimination [Member]
Segment Reporting Information [Line Items]
Revenue	$ 2.9	$ 3.3	$ 5.7	6.6
Continuing Operations [Member]
Segment Reporting Information [Line Items]
Expenditures for long-lived assets				$ 69.3

Supplemental Guarantor Inform44

Supplemental Guarantor Information (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
Revenue		$ 285.8	$ 283	$ 578.7	$ 565.2
Operating costs and expenses		256.1	235.7	511.9	467.5
Operating income (loss)		29.7	47.3	66.8	97.7
Interest expense (income), net		28	39.5	60.7	78.3
Other expense (income), net		0	(0.9)	0.4	(1.2)
Income (loss) before equity in earnings of subsidiaries and income taxes		282.1	199.1	283	211.5
Income tax expense (benefit)		101.4	75.4	102	81.9
Income (Loss) from Continuing Operations Attributable to Parent		180.7	123.7	181	129.6
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent		10.9	(9.5)	59.8	(8.4)
Net income		191.6	114.2	240.8	121.2
Total comprehensive income (loss)		197.6	114.8	248.2	123.6
Preferred stock dividends		2.6	2.6	5.2	5.2
Net income (loss) applicable to common shareowners		189	111.6	235.6	116
Condensed Consolidating Balance Sheets
Cash and cash equivalents	$ 14.8	14.8	347.2	57.9	4.6	$ 57.9
Other current assets		1.3				1.8
Disposal Group, Including Discontinued Operation, Other Assets, Current		1.6				4.7
Total current assets		272.5				337.6
Property, plant and equipment, net		894.5				815.4
Investment in CyrusOne		124.9				273.6
Other noncurrent assets		28.6				33.9
Total assets		1,509.6				1,820.7
Current portion of long-term debt		12.5				11.6
Accounts payable		123.7				131.6
Other current liabilities		23.9				25.8
Disposal Group, Including Discontinued Operation, Other Liabilities, Current		19.8				142
Total current liabilities		272.7				410.8
Long-term debt, less current portion		1,379				1,689.4
Other noncurrent liabilities		39.1				26.2
Total liabilities		1,913.1				2,469.2
Shareowners' (deficit) equity		(403.5)				(648.5)
Total liabilities and shareowners' equity (deficit)		1,509.6				1,820.7
Condensed Consolidating Statements of Cash Flows
Cash flows provided by (used in) operating activities				32.7	93.8
Capital expenditures		(74.6)	(40.6)	(132.5)	(75.5)
Proceeds from sale of assets				0.1	2
Proceeds from Sale of Equity Method Investments	170.3	426	355.9	426	355.9
Dividends received from CyrusOne		9	9.3	15	16.4
Other investing activities				(0.2)	(5.7)
Net cash provided by investing activities				308.4	293.1
Net (decrease) increase in corporate credit and receivables facilities with initial maturities less than 90 days				(16.6)	(31.4)
Repayment of debt				(361.4)	(8.3)
Payments of Debt Issuance Costs				0.4	0
Proceeds from exercise of options and warrants				0	1.2
Other financing activities				(0.6)	(1.4)
Cash flows provided by (used in) financing activities				(384.2)	(44.3)
Increase (decrease) in cash and cash equivalents				(43.1)	342.6
Cash and cash equivalents at beginning of period	14.8			57.9	4.6
Cash and cash equivalents at end of period		14.8	347.2	14.8	347.2
Notes guaranteed by parent [Member]
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
Revenue		285.8	283	578.7	565.2
Operating costs and expenses		256.1	235.7	511.9	467.5
Operating income (loss)		29.7	47.3	66.8	97.7
Interest expense (income), net		28	39.5	60.7	78.3
Other expense (income), net		(280.4)	(191.3)	(276.9)	(192.1)
Income (loss) before equity in earnings of subsidiaries and income taxes		282.1	199.1	283	211.5
Income tax expense (benefit)		101.4	75.4	102	81.9
Equity in earnings of subsidiaries, net of tax		0	0	0	0
Income (Loss) from Continuing Operations Attributable to Parent		180.7	123.7	181	129.6
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent		10.9	(9.5)	59.8	(8.4)
Net income		191.6	114.2	240.8	121.2
Other comprehensive income (loss)		6	0.6	7.4	2.4
Total comprehensive income (loss)		197.6	114.8	248.2	123.6
Preferred stock dividends		2.6	2.6	5.2	5.2
Net income (loss) applicable to common shareowners		189	111.6	235.6	116
Condensed Consolidating Balance Sheets
Cash and cash equivalents	14.8	14.8	347.2	57.9	4.6	57.9
Receivables, net		155.2				168.5
Other current assets		100.9				106.5
Disposal Group, Including Discontinued Operation, Other Assets, Current		1.6				4.7
Total current assets		272.5				337.6
Property, plant and equipment, net		894.5				815.4
Investment in CyrusOne		124.9				273.6
Goodwill and intangibles, net		14.7				14.9
Investments in and advances to subsidiaries		0				0
Other noncurrent assets		203				334.6
Disposal Group, Including Discontinued Operation, Other Assets						44.6
Total assets		1,509.6				1,820.7
Current portion of long-term debt		12.5				11.6
Accounts payable		125.3				132
Other current liabilities		115.1				125.2
Disposal Group, Including Discontinued Operation, Other Liabilities, Current		19.8				142
Total current liabilities		272.7				410.8
Long-term debt, less current portion		1,379				1,689.4
Other noncurrent liabilities		259.3				266.3
Disposal Group, Including Discontinued Operation, Other Liabilities		2.1				102.7
Intercompany payables		0				0
Total liabilities		1,913.1				2,469.2
Shareowners' (deficit) equity		(403.5)				(648.5)
Total liabilities and shareowners' equity (deficit)		1,509.6				1,820.7
Condensed Consolidating Statements of Cash Flows
Cash flows provided by (used in) operating activities				32.7	93.8
Capital expenditures				(132.5)	(75.5)
Proceeds from sale of assets				0.1	2
Distributions Received from Subsidiaries				0
Proceeds from Sale of Equity Method Investments				426	355.9
Dividends received from CyrusOne				15	16.4
Funding Between Parent and Subsidiaries, net investing				0
Other investing activities				(0.2)	(5.7)
Net cash provided by investing activities				308.4	293.1
Funding between Parent and subsidiaries, net financing				0
Cash Dividends Paid to Parent Company by Consolidated Subsidiaries				0
Funding between Parent and subsidiaries, net					0
Net (decrease) increase in corporate credit and receivables facilities with initial maturities less than 90 days				(16.6)	(31.4)
Repayment of debt				(361.4)	(8.3)
Payments of Debt Issuance Costs				(0.4)
Proceeds from exercise of options and warrants					1.2
Other financing activities				(5.8)	(5.8)
Cash flows provided by (used in) financing activities				(384.2)	(44.3)
Increase (decrease) in cash and cash equivalents				(43.1)	342.6
Cash and cash equivalents at beginning of period	14.8			57.9	4.6
Cash and cash equivalents at end of period		14.8	347.2	14.8	347.2
Notes guaranteed by parent [Member] | Parent Company [Member]
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
Revenue		0	0	0	0
Operating costs and expenses		6.4	5.2	11.7	11.7
Operating income (loss)		(6.4)	(5.2)	(11.7)	(11.7)
Interest expense (income), net		28.4	37.4	62.3	74.1
Other expense (income), net		13.1	(0.5)	12.7	(0.8)
Income (loss) before equity in earnings of subsidiaries and income taxes		(47.9)	(42.1)	(86.7)	(85)
Income tax expense (benefit)		(15.6)	(11.5)	(29.7)	(24.7)
Equity in earnings of subsidiaries, net of tax		223.9	144.8	297.8	181.5
Income (Loss) from Continuing Operations Attributable to Parent		191.6	114.2	240.8	121.2
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent		0	0	0	0
Net income		191.6	114.2	240.8	121.2
Other comprehensive income (loss)		5.8	0.6	7.5	2.4
Total comprehensive income (loss)		197.4	114.8	248.3	123.6
Preferred stock dividends		2.6	2.6	5.2	5.2
Net income (loss) applicable to common shareowners		189	111.6	235.6	116
Condensed Consolidating Balance Sheets
Cash and cash equivalents	8.7	8.7	344.3	56.2	2.1	56.2
Receivables, net		0.7				2.6
Other current assets		25.7				4.7
Disposal Group, Including Discontinued Operation, Other Assets, Current		0				0
Total current assets		35.1				63.5
Property, plant and equipment, net		0.3				0.2
Investment in CyrusOne		0				0
Goodwill and intangibles, net		0				0
Investments in and advances to subsidiaries		984.4				1,066.1
Other noncurrent assets		234.6				294.2
Disposal Group, Including Discontinued Operation, Other Assets						0
Total assets		1,254.4				1,424
Current portion of long-term debt		5.4				5.4
Accounts payable		1				1
Other current liabilities		44.6				52.3
Disposal Group, Including Discontinued Operation, Other Liabilities, Current		0				0
Total current liabilities		51				58.7
Long-term debt, less current portion		1,179.9				1,526.1
Other noncurrent liabilities		233.9				254.1
Disposal Group, Including Discontinued Operation, Other Liabilities		0				0
Intercompany payables		192.7				233.4
Total liabilities		1,657.5				2,072.3
Shareowners' (deficit) equity		(403.1)				(648.3)
Total liabilities and shareowners' equity (deficit)		1,254.4				1,424
Condensed Consolidating Statements of Cash Flows
Cash flows provided by (used in) operating activities				(22.9)	(12.6)
Capital expenditures				(0.1)	0
Proceeds from sale of assets				0	0
Distributions Received from Subsidiaries				5.3
Proceeds from Sale of Equity Method Investments				0	0
Dividends received from CyrusOne				0	0
Funding Between Parent and Subsidiaries, net investing				0
Other investing activities				(0.2)	(0.2)
Net cash provided by investing activities				5	(0.2)
Funding between Parent and subsidiaries, net financing				(333.6)
Cash Dividends Paid to Parent Company by Consolidated Subsidiaries				0
Funding between Parent and subsidiaries, net					402.3
Net (decrease) increase in corporate credit and receivables facilities with initial maturities less than 90 days				0	40
Repayment of debt				(357.2)	(2.7)
Payments of Debt Issuance Costs				(0.2)
Proceeds from exercise of options and warrants					1.2
Other financing activities				(5.8)	(5.8)
Cash flows provided by (used in) financing activities				(29.6)	355
Increase (decrease) in cash and cash equivalents				(47.5)	342.2
Cash and cash equivalents at beginning of period	8.7			56.2	2.1
Cash and cash equivalents at end of period		8.7	344.3	8.7	344.3
Notes guaranteed by parent [Member] | Non-Guarantor Subsidiaries [Member]
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
Revenue		134	128.8	269	257.7
Operating costs and expenses		125.7	124	257	245.6
Operating income (loss)		8.3	4.8	12	12.1
Interest expense (income), net		(0.1)	3.1	(0.5)	6
Other expense (income), net		(295.1)	(192.8)	(293.1)	(195.2)
Income (loss) before equity in earnings of subsidiaries and income taxes		303.5	194.5	305.6	201.3
Income tax expense (benefit)		107.6	70	108.5	71.8
Equity in earnings of subsidiaries, net of tax		0	0	0	0
Income (Loss) from Continuing Operations Attributable to Parent		195.9	124.5	197.1	129.5
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent		10.9	(9.5)	59.8	(8.4)
Net income		206.8	115	256.9	121.1
Other comprehensive income (loss)		0.2	0	(0.1)	0
Total comprehensive income (loss)		207	115	256.8	121.1
Preferred stock dividends		0	0	0	0
Net income (loss) applicable to common shareowners		206.8	115	256.9	121.1
Condensed Consolidating Balance Sheets
Cash and cash equivalents	2.9	2.9	1.1	0.7	0.7	0.7
Receivables, net		154.5				164.9
Other current assets		45.3				73.7
Disposal Group, Including Discontinued Operation, Other Assets, Current		1.6				4.7
Total current assets		204.3				244
Property, plant and equipment, net		53.1				51.2
Investment in CyrusOne		124.9				273.6
Goodwill and intangibles, net		12.5				12.7
Investments in and advances to subsidiaries		425.2				260.5
Other noncurrent assets		118.5				190.5
Disposal Group, Including Discontinued Operation, Other Assets						44.6
Total assets		938.5				1,077.1
Current portion of long-term debt		3.3				2.3
Accounts payable		36.7				57.2
Other current liabilities		17.8				20
Disposal Group, Including Discontinued Operation, Other Liabilities, Current		19.8				142
Total current liabilities		77.6				221.5
Long-term debt, less current portion		57.3				22.1
Other noncurrent liabilities		10.2				1.9
Disposal Group, Including Discontinued Operation, Other Liabilities		2.1				102.7
Intercompany payables		0				0
Total liabilities		147.2				348.2
Shareowners' (deficit) equity		791.3				728.9
Total liabilities and shareowners' equity (deficit)		938.5				1,077.1
Condensed Consolidating Statements of Cash Flows
Cash flows provided by (used in) operating activities				(48.3)	(13.4)
Capital expenditures				(12.6)	(18.1)
Proceeds from sale of assets				0	1.8
Distributions Received from Subsidiaries				0
Proceeds from Sale of Equity Method Investments				426	355.9
Dividends received from CyrusOne				15	16.4
Funding Between Parent and Subsidiaries, net investing				(361.5)
Other investing activities				0	(5.5)
Net cash provided by investing activities				66.9	350.5
Funding between Parent and subsidiaries, net financing				(7.6)
Cash Dividends Paid to Parent Company by Consolidated Subsidiaries				(5.3)
Funding between Parent and subsidiaries, net					(341.7)
Net (decrease) increase in corporate credit and receivables facilities with initial maturities less than 90 days				(16.6)	8.6
Repayment of debt				(1.9)	(3.6)
Payments of Debt Issuance Costs				(0.2)
Proceeds from exercise of options and warrants					0
Other financing activities				0	0
Cash flows provided by (used in) financing activities				(16.4)	(336.7)
Increase (decrease) in cash and cash equivalents				2.2	0.4
Cash and cash equivalents at beginning of period	2.9			0.7	0.7
Cash and cash equivalents at end of period		2.9	1.1	2.9	1.1
Notes guaranteed by parent [Member] | Cincinnati Bell Telephone Company [Member]
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
Revenue		161.5	164.3	329.1	327.6
Operating costs and expenses		133.7	116.6	262.6	230.3
Operating income (loss)		27.8	47.7	66.5	97.3
Interest expense (income), net		(0.3)	(1)	(1.1)	(1.8)
Other expense (income), net		1.6	2	3.5	3.9
Income (loss) before equity in earnings of subsidiaries and income taxes		26.5	46.7	64.1	95.2
Income tax expense (benefit)		9.4	16.9	23.2	34.8
Equity in earnings of subsidiaries, net of tax		0	0	0	0
Income (Loss) from Continuing Operations Attributable to Parent		17.1	29.8	40.9	60.4
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent		0	0	0	0
Net income		17.1	29.8	40.9	60.4
Other comprehensive income (loss)		0	0	0	0
Total comprehensive income (loss)		17.1	29.8	40.9	60.4
Preferred stock dividends		0	0	0	0
Net income (loss) applicable to common shareowners		17.1	29.8	40.9	60.4
Condensed Consolidating Balance Sheets
Cash and cash equivalents	3.2	3.2	1.8	1	1.8	1
Receivables, net		0				1
Other current assets		31.2				29.3
Disposal Group, Including Discontinued Operation, Other Assets, Current		0				0
Total current assets		34.4				31.3
Property, plant and equipment, net		841.1				764
Investment in CyrusOne		0				0
Goodwill and intangibles, net		2.2				2.2
Investments in and advances to subsidiaries		200.4				220.8
Other noncurrent assets		4.3				4.9
Disposal Group, Including Discontinued Operation, Other Assets						0
Total assets		1,082.4				1,023.2
Current portion of long-term debt		3.8				3.9
Accounts payable		87.6				73.8
Other current liabilities		52.7				52.8
Disposal Group, Including Discontinued Operation, Other Liabilities, Current		0				0
Total current liabilities		144.1				130.5
Long-term debt, less current portion		141.8				141.2
Other noncurrent liabilities		170.9				166.7
Disposal Group, Including Discontinued Operation, Other Liabilities		0				0
Intercompany payables		0				0
Total liabilities		456.8				438.4
Shareowners' (deficit) equity		625.6				584.8
Total liabilities and shareowners' equity (deficit)		1,082.4				1,023.2
Condensed Consolidating Statements of Cash Flows
Cash flows provided by (used in) operating activities				103.9	119.8
Capital expenditures				(119.8)	(57.4)
Proceeds from sale of assets				0.1	0.2
Distributions Received from Subsidiaries				0
Proceeds from Sale of Equity Method Investments				0	0
Dividends received from CyrusOne				0	0
Funding Between Parent and Subsidiaries, net investing				20.3
Other investing activities				0	0
Net cash provided by investing activities				(99.4)	(57.2)
Funding between Parent and subsidiaries, net financing				0
Cash Dividends Paid to Parent Company by Consolidated Subsidiaries				0
Funding between Parent and subsidiaries, net					(60.6)
Net (decrease) increase in corporate credit and receivables facilities with initial maturities less than 90 days				0	0
Repayment of debt				(2.3)	(2)
Payments of Debt Issuance Costs				0
Proceeds from exercise of options and warrants					0
Other financing activities				0	0
Cash flows provided by (used in) financing activities				(2.3)	(62.6)
Increase (decrease) in cash and cash equivalents				2.2	0
Cash and cash equivalents at beginning of period	3.2			1	1.8
Cash and cash equivalents at end of period		3.2	1.8	3.2	1.8
Notes guaranteed by parent [Member] | Consolidation, Eliminations [Member]
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
Revenue		(9.7)	(10.1)	(19.4)	(20.1)
Operating costs and expenses		(9.7)	(10.1)	(19.4)	(20.1)
Operating income (loss)		0	0	0	0
Interest expense (income), net		0	0	0	0
Other expense (income), net		0	0	0	0
Income (loss) before equity in earnings of subsidiaries and income taxes		0	0	0	0
Income tax expense (benefit)		0	0	0	0
Equity in earnings of subsidiaries, net of tax		(223.9)	(144.8)	(297.8)	(181.5)
Income (Loss) from Continuing Operations Attributable to Parent		(223.9)	(144.8)	(297.8)	(181.5)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent		0	0	0	0
Net income		(223.9)	(144.8)	(297.8)	(181.5)
Other comprehensive income (loss)		0	0	0	0
Total comprehensive income (loss)		(223.9)	(144.8)	(297.8)	(181.5)
Preferred stock dividends		0	0	0	0
Net income (loss) applicable to common shareowners		(223.9)	(144.8)	(297.8)	(181.5)
Condensed Consolidating Balance Sheets
Cash and cash equivalents	0	0	0	0	0	0
Receivables, net		0				0
Other current assets		(1.3)				(1.2)
Disposal Group, Including Discontinued Operation, Other Assets, Current		0				0
Total current assets		(1.3)				(1.2)
Property, plant and equipment, net		0				0
Investment in CyrusOne		0				0
Goodwill and intangibles, net		0				0
Investments in and advances to subsidiaries		(1,610)				(1,547.4)
Other noncurrent assets		(154.4)				(155)
Disposal Group, Including Discontinued Operation, Other Assets						0
Total assets		(1,765.7)				(1,703.6)
Current portion of long-term debt		0				0
Accounts payable		0				0
Other current liabilities		0				0.1
Disposal Group, Including Discontinued Operation, Other Liabilities, Current		0				0
Total current liabilities		0				0.1
Long-term debt, less current portion		0				0
Other noncurrent liabilities		(155.7)				(156.4)
Disposal Group, Including Discontinued Operation, Other Liabilities		0				0
Intercompany payables		(192.7)				(233.4)
Total liabilities		(348.4)				(389.7)
Shareowners' (deficit) equity		(1,417.3)				(1,313.9)
Total liabilities and shareowners' equity (deficit)		(1,765.7)				(1,703.6)
Condensed Consolidating Statements of Cash Flows
Cash flows provided by (used in) operating activities				0	0
Capital expenditures				0	0
Proceeds from sale of assets				0	0
Distributions Received from Subsidiaries				(5.3)
Proceeds from Sale of Equity Method Investments				0	0
Dividends received from CyrusOne				0	0
Funding Between Parent and Subsidiaries, net investing				341.2
Other investing activities				0	0
Net cash provided by investing activities				335.9	0
Funding between Parent and subsidiaries, net financing				341.2
Cash Dividends Paid to Parent Company by Consolidated Subsidiaries				5.3
Funding between Parent and subsidiaries, net					0
Net (decrease) increase in corporate credit and receivables facilities with initial maturities less than 90 days				0	0
Repayment of debt				0	0
Payments of Debt Issuance Costs				0
Proceeds from exercise of options and warrants					0
Other financing activities				0	0
Cash flows provided by (used in) financing activities				(335.9)	0
Increase (decrease) in cash and cash equivalents				0	0
Cash and cash equivalents at beginning of period	0			0	0
Cash and cash equivalents at end of period		0	0	0	0
Notes guaranteed by subsidiaries [Member]
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
Revenue		285.8	283	578.7	565.2
Operating costs and expenses		256.1	235.7	511.9	467.5
Operating income (loss)		29.7	47.3	66.8	97.7
Interest expense (income), net		28	39.5	60.7	78.3
Other expense (income), net		(280.4)	(191.3)	(276.9)	(192.1)
Income (loss) before equity in earnings of subsidiaries and income taxes		282.1	199.1	283	211.5
Income tax expense (benefit)		101.4	75.4	102	81.9
Equity in earnings of subsidiaries, net of tax		0	0	0	0
Income (Loss) from Continuing Operations Attributable to Parent		180.7	123.7	181	129.6
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent		10.9	(9.5)	59.8	(8.4)
Net income		191.6	114.2	240.8	121.2
Other comprehensive income (loss)		6	0.6	7.4	2.4
Total comprehensive income (loss)		197.6	114.8	248.2	123.6
Preferred stock dividends		2.6	2.6	5.2	5.2
Net income (loss) applicable to common shareowners		189	111.6	235.6	116
Condensed Consolidating Balance Sheets
Cash and cash equivalents	14.8	14.8	347.2	57.9	4.6	57.9
Receivables, net		155.2				168.5
Other current assets		100.9				106.5
Disposal Group, Including Discontinued Operation, Other Assets, Current		1.6				4.7
Total current assets		272.5				337.6
Property, plant and equipment, net		894.5				815.4
Investment in CyrusOne		124.9				273.6
Goodwill and intangibles, net		14.7				14.9
Investments in and advances to subsidiaries		0				0
Other noncurrent assets		203				334.6
Disposal Group, Including Discontinued Operation, Other Assets						44.6
Total assets		1,509.6				1,820.7
Current portion of long-term debt		12.5				11.6
Accounts payable		125.3				132
Other current liabilities		115.1				125.2
Disposal Group, Including Discontinued Operation, Liabilities, Current		19.8				142
Total current liabilities		272.7				410.8
Long-term debt, less current portion		1,379				1,689.4
Other noncurrent liabilities		259.3				266.3
Disposal Group, Including Discontinued Operation, Other Liabilities		2.1				102.7
Intercompany payables		0				0
Total liabilities		1,913.1				2,469.2
Shareowners' (deficit) equity		(403.5)				(648.5)
Total liabilities and shareowners' equity (deficit)		1,509.6				1,820.7
Condensed Consolidating Statements of Cash Flows
Cash flows provided by (used in) operating activities				32.7	93.8
Capital expenditures				(132.5)	(75.5)
Proceeds from sale of assets				0.1	2
Distributions Received from Subsidiaries				0
Proceeds from Sale of Equity Method Investments				426	355.9
Dividends received from CyrusOne				15	16.4
Funding Between Parent and Subsidiaries, net investing				0
Other investing activities				(0.2)	5.7
Net cash provided by investing activities				308.4	293.1
Funding between Parent and subsidiaries, net financing				0
Cash Dividends Paid to Parent Company by Consolidated Subsidiaries				0
Funding between Parent and subsidiaries, net					0
Net (decrease) increase in corporate credit and receivables facilities with initial maturities less than 90 days				(16.6)	(31.4)
Repayment of debt				(361.4)	(8.3)
Payments of Debt Issuance Costs				(0.4)
Proceeds from exercise of options and warrants					1.2
Other financing activities				(5.8)	(5.8)
Cash flows provided by (used in) financing activities				(384.2)	(44.3)
Increase (decrease) in cash and cash equivalents				(43.1)	342.6
Cash and cash equivalents at beginning of period	14.8			57.9	4.6
Cash and cash equivalents at end of period		14.8	347.2	14.8	347.2
Notes guaranteed by subsidiaries [Member] | Parent Company [Member]
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
Revenue		0	0	0	0
Operating costs and expenses		6.4	5.2	11.7	11.7
Operating income (loss)		(6.4)	(5.2)	(11.7)	(11.7)
Interest expense (income), net		28.4	37.4	62.3	74.1
Other expense (income), net		13.1	(0.5)	12.7	(0.8)
Income (loss) before equity in earnings of subsidiaries and income taxes		(47.9)	(42.1)	(86.7)	(85)
Income tax expense (benefit)		(15.6)	(11.5)	(29.7)	(24.7)
Equity in earnings of subsidiaries, net of tax		223.9	144.8	297.8	181.5
Income (Loss) from Continuing Operations Attributable to Parent		191.6	114.2	240.8	121.2
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent		0	0	0	0
Net income		191.6	114.2	240.8	121.2
Other comprehensive income (loss)		5.8		7.5	2.4
Total comprehensive income (loss)		197.4	114.8	248.3	123.6
Preferred stock dividends		2.6	2.6	5.2	5.2
Net income (loss) applicable to common shareowners		189	111.6	235.6	116
Condensed Consolidating Balance Sheets
Cash and cash equivalents	8.7	8.7	344.3	56.2	2.1	56.2
Receivables, net		0.7				2.6
Other current assets		25.7				4.7
Disposal Group, Including Discontinued Operation, Other Assets, Current		0				0
Total current assets		35.1				63.5
Property, plant and equipment, net		0.3				0.2
Investment in CyrusOne		0				0
Goodwill and intangibles, net		0				0
Investments in and advances to subsidiaries		984.4				1,066.1
Other noncurrent assets		234.6				294.2
Disposal Group, Including Discontinued Operation, Other Assets						0
Total assets		1,254.4				1,424
Current portion of long-term debt		5.4				5.4
Accounts payable		1				1
Other current liabilities		44.6				52.3
Disposal Group, Including Discontinued Operation, Liabilities, Current		0				0
Total current liabilities		51				58.7
Long-term debt, less current portion		1,179.9				1,526.1
Other noncurrent liabilities		233.9				254.1
Disposal Group, Including Discontinued Operation, Other Liabilities		0				0
Intercompany payables		192.7				233.4
Total liabilities		1,657.5				2,072.3
Shareowners' (deficit) equity		(403.1)				(648.3)
Total liabilities and shareowners' equity (deficit)		1,254.4				1,424
Condensed Consolidating Statements of Cash Flows
Cash flows provided by (used in) operating activities				(22.9)	(12.6)
Capital expenditures				(0.1)	0
Proceeds from sale of assets				0	0
Distributions Received from Subsidiaries				5.3
Proceeds from Sale of Equity Method Investments				0	0
Dividends received from CyrusOne				0	0
Funding Between Parent and Subsidiaries, net investing				0
Other investing activities				(0.2)	0.2
Net cash provided by investing activities				5	(0.2)
Funding between Parent and subsidiaries, net financing				(333.6)
Cash Dividends Paid to Parent Company by Consolidated Subsidiaries				0
Funding between Parent and subsidiaries, net					402.3
Net (decrease) increase in corporate credit and receivables facilities with initial maturities less than 90 days				0	(40)
Repayment of debt				(357.2)	(2.7)
Payments of Debt Issuance Costs				(0.2)
Proceeds from exercise of options and warrants					1.2
Other financing activities				(5.8)	(5.8)
Cash flows provided by (used in) financing activities				(29.6)	355
Increase (decrease) in cash and cash equivalents				(47.5)	342.2
Cash and cash equivalents at beginning of period	8.7			56.2	2.1
Cash and cash equivalents at end of period		8.7	344.3	8.7	344.3
Notes guaranteed by subsidiaries [Member] | Guarantor Subsidiaries [Member]
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
Revenue		150.7	142	303.6	284.4
Operating costs and expenses		141.8	136.1	289.1	269.6
Operating income (loss)		8.9	5.9	14.5	14.8
Interest expense (income), net		(0.3)	2.7	(1)	5.2
Other expense (income), net		(290.9)	(187.4)	(284.8)	(184.8)
Income (loss) before equity in earnings of subsidiaries and income taxes		300.1	190.6	300.3	194.4
Income tax expense (benefit)		106.4	68.1	106.4	69.3
Equity in earnings of subsidiaries, net of tax		0	0	0	0
Income (Loss) from Continuing Operations Attributable to Parent		193.7	122.5	193.9	125.1
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent		10.9	(9.5)	59.8	(8.4)
Net income		204.6	113	253.7	116.7
Other comprehensive income (loss)		0	0	0	0
Total comprehensive income (loss)		204.6	113	253.7	116.7
Preferred stock dividends		0	0	0	0
Net income (loss) applicable to common shareowners		204.6	113	253.7	116.7
Condensed Consolidating Balance Sheets
Cash and cash equivalents	1.3	1.3	0.6	0.2	0.3	0.2
Receivables, net		4.5				6.1
Other current assets		41.9				69.9
Disposal Group, Including Discontinued Operation, Other Assets, Current		1.6				4.7
Total current assets		49.3				80.9
Property, plant and equipment, net		52.7				50.8
Investment in CyrusOne		124.9				273.6
Goodwill and intangibles, net		12.5				12.7
Investments in and advances to subsidiaries		599.6				403.6
Other noncurrent assets		119.2				191.6
Disposal Group, Including Discontinued Operation, Other Assets						44.6
Total assets		958.2				1,057.8
Current portion of long-term debt		3.3				2.3
Accounts payable		70.4				76.2
Other current liabilities		22.8				23.5
Disposal Group, Including Discontinued Operation, Liabilities, Current		19.8				142
Total current liabilities		116.3				244
Long-term debt, less current portion		54.7				2.9
Other noncurrent liabilities		16.7				4.6
Disposal Group, Including Discontinued Operation, Other Liabilities		2.1				102.7
Intercompany payables		0				0
Total liabilities		189.8				354.2
Shareowners' (deficit) equity		768.4				703.6
Total liabilities and shareowners' equity (deficit)		958.2				1,057.8
Condensed Consolidating Statements of Cash Flows
Cash flows provided by (used in) operating activities				(40.4)	(18.8)
Capital expenditures				(12.6)	(18.1)
Proceeds from sale of assets				0	0
Distributions Received from Subsidiaries				0
Proceeds from Sale of Equity Method Investments				426	355.9
Dividends received from CyrusOne				15	(16.4)
Funding Between Parent and Subsidiaries, net investing				(385)
Other investing activities				0	5.5
Net cash provided by investing activities				43.4	348.7
Funding between Parent and subsidiaries, net financing				0
Cash Dividends Paid to Parent Company by Consolidated Subsidiaries				0
Funding between Parent and subsidiaries, net					(328.2)
Net (decrease) increase in corporate credit and receivables facilities with initial maturities less than 90 days				0	0
Repayment of debt				(1.9)	(1.4)
Payments of Debt Issuance Costs				0
Proceeds from exercise of options and warrants					0
Other financing activities				0	0
Cash flows provided by (used in) financing activities				(1.9)	(329.6)
Increase (decrease) in cash and cash equivalents				1.1	0.3
Cash and cash equivalents at beginning of period	1.3			0.2	0.3
Cash and cash equivalents at end of period		1.3	0.6	1.3	0.6
Notes guaranteed by subsidiaries [Member] | Non-Guarantor Subsidiaries [Member]
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
Revenue		144.8	151.1	294.5	300.9
Operating costs and expenses		117.6	104.5	230.5	206.3
Operating income (loss)		27.2	46.6	64	94.6
Interest expense (income), net		(0.1)	(0.6)	(0.6)	(1)
Other expense (income), net		(2.6)	(3.4)	(4.8)	(6.5)
Income (loss) before equity in earnings of subsidiaries and income taxes		29.9	50.6	69.4	102.1
Income tax expense (benefit)		10.6	18.8	25.3	37.3
Equity in earnings of subsidiaries, net of tax		0	0	0	0
Income (Loss) from Continuing Operations Attributable to Parent		19.3	31.8	44.1	64.8
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent		0	0	0	0
Net income		19.3	31.8	44.1	64.8
Other comprehensive income (loss)		0.2	0	(0.1)	0
Total comprehensive income (loss)		19.5	31.8	44	64.8
Preferred stock dividends		0	0	0	0
Net income (loss) applicable to common shareowners		19.3	31.8	44.1	64.8
Condensed Consolidating Balance Sheets
Cash and cash equivalents	4.8	4.8	2.3	1.5	2.2	1.5
Receivables, net		150				159.8
Other current assets		34.6				33.1
Disposal Group, Including Discontinued Operation, Other Assets, Current		0				0
Total current assets		189.4				194.4
Property, plant and equipment, net		841.5				764.4
Investment in CyrusOne		0				0
Goodwill and intangibles, net		2.2				2.2
Investments in and advances to subsidiaries		157.3				199.3
Other noncurrent assets		3.6				3.8
Disposal Group, Including Discontinued Operation, Other Assets						0
Total assets		1,194				1,164.1
Current portion of long-term debt		3.8				3.9
Accounts payable		53.9				54.8
Other current liabilities		47.7				49.3
Disposal Group, Including Discontinued Operation, Liabilities, Current		0				0
Total current liabilities		105.4				108
Long-term debt, less current portion		144.4				160.4
Other noncurrent liabilities		164.4				164
Disposal Group, Including Discontinued Operation, Other Liabilities		0				0
Intercompany payables		140.2				131.9
Total liabilities		554.4				564.3
Shareowners' (deficit) equity		639.6				599.8
Total liabilities and shareowners' equity (deficit)		1,194				1,164.1
Condensed Consolidating Statements of Cash Flows
Cash flows provided by (used in) operating activities				96	125.2
Capital expenditures				(119.8)	(57.4)
Proceeds from sale of assets				0.1	2
Distributions Received from Subsidiaries				0
Proceeds from Sale of Equity Method Investments				0	0
Dividends received from CyrusOne				0	0
Funding Between Parent and Subsidiaries, net investing				42.8
Other investing activities				0	0
Net cash provided by investing activities				(76.9)	(55.4)
Funding between Parent and subsidiaries, net financing				(8.6)
Cash Dividends Paid to Parent Company by Consolidated Subsidiaries				(5.3)
Funding between Parent and subsidiaries, net					(74.1)
Net (decrease) increase in corporate credit and receivables facilities with initial maturities less than 90 days				(16.6)	8.6
Repayment of debt				(2.3)	(4.2)
Payments of Debt Issuance Costs				(0.2)
Proceeds from exercise of options and warrants					0
Other financing activities				0	0
Cash flows provided by (used in) financing activities				(15.8)	(69.7)
Increase (decrease) in cash and cash equivalents				3.3	0.1
Cash and cash equivalents at beginning of period	4.8			1.5	2.2
Cash and cash equivalents at end of period		4.8	2.3	4.8	2.3
Notes guaranteed by subsidiaries [Member] | Consolidation, Eliminations [Member]
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
Revenue		(9.7)	(10.1)	(19.4)	(20.1)
Operating costs and expenses		(9.7)	(10.1)	(19.4)	(20.1)
Operating income (loss)		0	0	0	0
Interest expense (income), net		0	0	0	0
Other expense (income), net		0	0	0	0
Income (loss) before equity in earnings of subsidiaries and income taxes		0	0	0	0
Income tax expense (benefit)		0	0	0	0
Equity in earnings of subsidiaries, net of tax		(223.9)	(144.8)	(297.8)	(181.5)
Income (Loss) from Continuing Operations Attributable to Parent		(223.9)	(144.8)	(297.8)	(181.5)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent		0	0	0	0
Net income		(223.9)	(144.8)	(297.8)	(181.5)
Other comprehensive income (loss)		0	0	0	0
Total comprehensive income (loss)		(223.9)	(144.8)	(297.8)	(181.5)
Preferred stock dividends		0	0	0	0
Net income (loss) applicable to common shareowners		(223.9)	(144.8)	(297.8)	(181.5)
Condensed Consolidating Balance Sheets
Cash and cash equivalents	0	0	0	0	0	0
Receivables, net		0				0
Other current assets		(1.3)				(1.2)
Disposal Group, Including Discontinued Operation, Other Assets, Current		0				0
Total current assets		(1.3)				(1.2)
Property, plant and equipment, net		0				0
Investment in CyrusOne		0				0
Goodwill and intangibles, net		0				0
Investments in and advances to subsidiaries		(1,741.3)				(1,669)
Other noncurrent assets		(154.4)				(155)
Disposal Group, Including Discontinued Operation, Other Assets						0
Total assets		(1,897)				(1,825.2)
Current portion of long-term debt		0				0
Accounts payable		0				0
Other current liabilities		0				0.1
Disposal Group, Including Discontinued Operation, Liabilities, Current		0				0
Total current liabilities		0				0.1
Long-term debt, less current portion		0				0
Other noncurrent liabilities		(155.7)				(156.4)
Disposal Group, Including Discontinued Operation, Other Liabilities		0				0
Intercompany payables		(332.9)				(365.3)
Total liabilities		(488.6)				(521.6)
Shareowners' (deficit) equity		(1,408.4)				(1,303.6)
Total liabilities and shareowners' equity (deficit)		(1,897)				(1,825.2)
Condensed Consolidating Statements of Cash Flows
Cash flows provided by (used in) operating activities				0	0
Capital expenditures				0	0
Proceeds from sale of assets				0	0
Distributions Received from Subsidiaries				(5.3)
Proceeds from Sale of Equity Method Investments				0	0
Dividends received from CyrusOne				0	0
Funding Between Parent and Subsidiaries, net investing				342.2
Other investing activities				0	0
Net cash provided by investing activities				336.9	0
Funding between Parent and subsidiaries, net financing				342.2
Cash Dividends Paid to Parent Company by Consolidated Subsidiaries				5.3
Funding between Parent and subsidiaries, net					0
Net (decrease) increase in corporate credit and receivables facilities with initial maturities less than 90 days				0	0
Repayment of debt				0	0
Payments of Debt Issuance Costs				0
Proceeds from exercise of options and warrants					0
Other financing activities				0	0
Cash flows provided by (used in) financing activities				(336.9)	0
Increase (decrease) in cash and cash equivalents				0	0
Cash and cash equivalents at beginning of period	$ 0			0	0
Cash and cash equivalents at end of period		0	$ 0	$ 0	$ 0
Various Cincinnati Bell Telephone Notes [Member]
Condensed Financial Statements, Captions [Line Items]
Debt Instrument, Face Amount		134.5				$ 134.5
Senior Subordinated Notes due 2018 [Member]
Condensed Financial Statements, Captions [Line Items]
Debt Instrument, Face Amount		$ 300
Condensed Consolidating Statements of Cash Flows
Debt Instrument, Redemption Price, Percentage		102.188%