XML 109 R94.htm IDEA: XBRL DOCUMENT v3.3.1.900
Fresh Start Accounting Schedule of Fresh-Start Adjustments (Details) - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Dec. 31, 2013
Current Assets        
Cash and cash equivalents $ 234.0 $ 218.8    
Accounts receivable, net 26.5 58.9    
Inventories 319.2 462.2    
Deferred costs associated with deferred revenue 63.1 82.9    
Other current assets 15.2 19.6    
Total current assets 658.0 842.4    
Deferred income taxes 26.0      
Deposits for surety bonds 29.8 34.8    
Property, Plant and Equipment, Net 3.5 3.5    
Intangible assets 105.8 119.2    
Excess reorganization value 0.0 137.2 $ 137.2  
Other long-term assets 23.6 20.6    
Total Assets 820.7 1,157.7    
Current Liabilities        
Accounts payable and accrued liabilities 44.8 50.5    
Payables under SWU purchase agreements 85.4 140.1    
Deferred taxes 26.0      
Inventories owed to customers and suppliers 106.8 158.9    
Deferred revenue 83.9 100.9    
Convertible preferred stock (Predecessor), 85,900 shares issued       $ 113.9
Total current liabilities 350.3 450.4    
Long-term debt 247.6 240.4 240.4  
Postretirement health and life benefit obligations 184.3 211.4    
Pension benefit liabilities 172.3 179.3    
Other long-term liabilities 31.9 32.0    
Liabilities Subject to Compromise, 3% Convertible Senior Notes and Accrued Interest     547.4  
Liabilities Subject to Compromise, Convertible Preferred Stock and Paid-in-Kind Dividends Payable     113.9  
Liabilities Subject to Compromise, Accounts Payable and Accrued Liabilities     1.6  
Total liabilities $ 986.4 $ 1,136.1    
Commitments and contingencies (Note 13)    
Common stock $ 0.9 $ 0.9    
Excess of capital over par value 59.0 58.6    
Retained earnings (deficit) (229.7) (42.3)    
Accumulated other comprehensive income (loss), net of tax 4.1 4.4    
Total stockholders’ equity (deficit) (165.7) 21.6    
Total Liabilities and Stockholders’ Equity (Deficit) 820.7 1,157.7    
Adjustment, Assets        
Inventories     35.4  
Deferred costs associated with deferred revenue     73.9  
Intangible assets     123.5  
Adjustment, Liabilities and Stockholders' Equity (Deficit)        
Deferred revenue     94.0  
Liabilities Subject to Compromise, Debt and Accrued Interest     547.4  
Liabilities Subject to Compromise, Other Liabilities     113.9  
Liabilities Subject to Compromise, Accounts Payable and Accrued Liabilities     1.6  
Reorganization Adjustments [Member]        
Current Liabilities        
Accounts payable and accrued liabilities     4.9  
Total liabilities not subject to compromise     245.3  
Liabilities Subject to Compromise, 3% Convertible Senior Notes and Accrued Interest     (547.4)  
Liabilities Subject to Compromise, Convertible Preferred Stock and Paid-in-Kind Dividends Payable     (113.9)  
Liabilities Subject to Compromise, Accounts Payable and Accrued Liabilities     (1.6)  
Liabilities subject to compromise     (662.9)  
Adjustment, Assets        
Cash and Cash Equivalents     (19.0)  
Other current assets     0.1  
Total current assets     (18.9)  
Other long-term assets     0.7  
Total Assets     (18.2)  
Adjustment, Liabilities and Stockholders' Equity (Deficit)        
Long-term debt     240.4  
Total liabilities not subject to compromise     245.3  
Liabilities Subject to Compromise, Debt and Accrued Interest     (547.4)  
Liabilities Subject to Compromise, Other Liabilities     (113.9)  
Liabilities Subject to Compromise, Accounts Payable and Accrued Liabilities     (1.6)  
Liabilities Subject to Compromise     (662.9)  
Total liabilities     (417.6)  
Common stock     0.9  
Excess of capital over par value     58.4  
Accumulated other comprehensive loss, net of tax     (2.2)  
Retained earnings (deficit)     341.9  
Total stockholders' equity (deficit)     399.4  
Total Liabilties and Stockholders' Equity (Deficit)     (18.2)  
Fresh Start Adjustments [Member]        
Current Liabilities        
Total liabilities not subject to compromise     0.7  
Adjustment, Assets        
Inventories     35.4  
Deferred costs associated with deferred revenue     (73.9)  
Total current assets     (38.5)  
Intangible assets     123.5  
Excess reorganization value     137.2  
Total Assets     222.2  
Adjustment, Liabilities and Stockholders' Equity (Deficit)        
Accounts payable and accrued liabilities     7.3  
Deferred revenue     (94.0)  
Postretirement health and life benefit obligations     9.2  
Pension benefit liabilities     78.2  
Total liabilities not subject to compromise     0.7  
Total liabilities     0.7  
Common stock     (0.5)  
Excess of capital over par value     (1,221.9)  
Treasury stock     38.8  
Accumulated other comprehensive loss, net of tax     121.7  
Retained earnings (deficit)     1,283.4  
Total stockholders' equity (deficit)     221.5  
Total Liabilties and Stockholders' Equity (Deficit)     222.2  
Predecessor [Member]        
Current Assets        
Cash and cash equivalents     105.4 314.2
Current Liabilities        
Total stockholders’ equity (deficit)     59.3 $ (458.2)
Predecessor [Member] | Reorganization Adjustments [Member]        
Adjustment, Liabilities and Stockholders' Equity (Deficit)        
Excess of capital over par value     0.4  
Successor [Member]        
Current Assets        
Cash and cash equivalents 234.0 218.8 105.4  
Accounts receivable, net     90.0  
Inventories     499.4  
Other current assets     21.6  
Total current assets     716.4  
Deposits for surety bonds     35.9  
Property, Plant and Equipment, Net     3.7  
Intangible assets     123.5  
Excess reorganization value     137.2  
Other long-term assets     20.5  
Total Assets     1,037.2  
Current Liabilities        
Accounts payable and accrued liabilities     79.5  
Payables under SWU purchase agreements     47.3  
Inventories owed to customers and suppliers     173.1  
Deferred revenue     0.7  
Total current liabilities     300.6  
Long-term debt     240.4  
Postretirement health and life benefit obligations     211.6  
Pension benefit liabilities     174.1  
Other long-term liabilities     51.2  
Total liabilities not subject to compromise     977.9  
Total liabilities     977.9  
Common stock     0.9  
Excess of capital over par value     58.4  
Total stockholders’ equity (deficit) $ (165.7) $ 21.6 59.3  
Total Liabilities and Stockholders’ Equity (Deficit)     1,037.2  
Adjustment, Liabilities and Stockholders' Equity (Deficit)        
Total liabilities not subject to compromise     977.9  
Pre Eliminations [Member] | Predecessor [Member]        
Current Assets        
Cash and cash equivalents     124.4  
Accounts receivable, net     90.0  
Inventories     464.0  
Deferred costs associated with deferred revenue     73.9  
Other current assets     21.5  
Total current assets     773.8  
Deposits for surety bonds     35.9  
Property, Plant and Equipment, Net     3.7  
Other long-term assets     19.8  
Total Assets     833.2  
Current Liabilities        
Accounts payable and accrued liabilities     67.3  
Payables under SWU purchase agreements     47.3  
Inventories owed to customers and suppliers     173.1  
Deferred revenue     94.7  
Total current liabilities     382.4  
Postretirement health and life benefit obligations     202.4  
Pension benefit liabilities     95.9  
Other long-term liabilities     51.2  
Total liabilities not subject to compromise     731.9  
Liabilities Subject to Compromise, 3% Convertible Senior Notes and Accrued Interest     547.4  
Liabilities Subject to Compromise, Convertible Preferred Stock and Paid-in-Kind Dividends Payable     113.9  
Liabilities Subject to Compromise, Accounts Payable and Accrued Liabilities     1.6  
Liabilities subject to compromise     662.9  
Total liabilities     1,394.8  
Common stock     0.5  
Excess of capital over par value     1,221.5  
Retained earnings (deficit)     (1,625.3)  
Treasury stock     38.8  
Accumulated other comprehensive income (loss), net of tax     (119.5)  
Total stockholders’ equity (deficit)     (561.6)  
Total Liabilities and Stockholders’ Equity (Deficit)     833.2  
Adjustment, Liabilities and Stockholders' Equity (Deficit)        
Total liabilities not subject to compromise     731.9  
Liabilities Subject to Compromise, Debt and Accrued Interest     547.4  
Liabilities Subject to Compromise, Other Liabilities     113.9  
Liabilities Subject to Compromise, Accounts Payable and Accrued Liabilities     1.6  
Liabilities Subject to Compromise     $ 662.9