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Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 474.8 $ 52.7
Restricted cash 1.4 1.4
Receivables, less allowance ($12.1 in 2019 and $10.7 in 2018) 277.9 264.9
Prepaid lease and transit franchise costs 12.7 69.3
Prepaid MTA equipment deployment costs 48.4 18.9
Other prepaid expenses 24.6 13.9
Other current assets 7.0 8.4
Total current assets 846.8 429.5
Noncurrent assets:    
Property and equipment, net 660.4 652.9
Goodwill 2,082.4 2,079.7
Intangible assets 551.2 537.2
Operating lease assets 1,389.0 0.0
Prepaid MTA equipment deployment costs 77.3 60.6
Other assets 57.9 68.8
Total assets 5,665.0 3,828.7
Current liabilities:    
Accounts payable 60.3 56.5
Accrued compensation 36.2 47.1
Accrued interest 19.2 19.1
Accrued lease and transit franchise costs 46.2 44.2
Other accrued expenses 39.9 31.2
Deferred revenues 30.9 29.8
Short-term debt 546.4 160.0
Short-term operating lease liabilities 161.7 0.0
Other current liabilities 18.5 14.7
Total current liabilities 959.3 402.6
Noncurrent liabilities:    
Long-term debt, net 2,245.9 2,149.6
Deferred income tax liabilities, net 19.1 17.0
Asset retirement obligation 34.8 34.2
Operating lease liabilities 1,221.3 0.0
Other liabilities 49.7 80.0
Total liabilities 4,530.1 2,683.4
Commitments and contingencies
Stockholders’ equity:    
Common stock (2019 - 450.0 shares authorized, and 143.3 shares issued and outstanding; 2018 - 450.0 shares authorized, and 140.2 issued and outstanding) 1.4 1.4
Additional paid-in capital 2,057.9 1,995.0
Distribution in excess of earnings (943.9) (871.6)
Accumulated other comprehensive loss (17.7) (22.0)
Total stockholders' equity 1,097.7 1,102.8
Non-controlling interests 37.2 42.5
Total equity 1,134.9 1,145.3
Total liabilities and equity $ 5,665.0 $ 3,828.7