Windstream 2013 Annual Report Download - page 218

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
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F-82
14. Supplemental Guarantor Information, Continued:
Condensed Consolidated Balance Sheet
As of December 31, 2012
(Millions) Windstream
Corp. Guarantors Non-
Guarantors Eliminations Consolidated
Assets
Current Assets:
Cash and cash equivalents $ 57.5 $ 19.8 $ 54.7 $ — $ 132.0
Restricted cash 25.0 — 1.5 — 26.5
Accounts receivable (less allowance for doubtful
accounts of $42.6) — 111.6 497.4 — 609.0
Notes receivable - affiliate — 4.8 — (4.8) —
Affiliates receivable, net — 299.4 2,507.2 (2,806.6) —
Inventories — 56.9 18.1 — 75.0
Deferred income taxes 170.3 22.9 56.2 — 249.4
Prepaid income taxes 23.3 — — — 23.3
Prepaid expenses and other 4.4 29.5 145.7 — 179.6
Assets held for sale — — 15.7 — 15.7
Total current assets 280.5 544.9 3,296.5 (2,811.4) 1,310.5
Investments in consolidated subsidiaries 11,814.4 1,275.6 304.6 (13,394.6) —
Notes receivable - affiliate — 324.9 — (324.9) —
Goodwill — 2,475.1 1,856.3 — 4,331.4
Other intangibles, net — 1,156.8 1,154.5 — 2,311.3
Net property, plant and equipment 7.6 1,451.5 4,402.7 — 5,861.8
Other assets 103.1 17.5 46.4 — 167.0
Total Assets $ 12,205.6 $ 7,246.3 $ 11,061.0 $ (16,530.9) $ 13,982.0
Liabilities and Shareholders’ Equity
Current Liabilities:
Current maturities of long-term debt $ 856.0 $ — $ 10.0 $ — $ 866.0
Current portion of interest rate swaps 29.0 — — — 29.0
Accounts payable 1.0 51.1 311.6 — 363.7
Affiliates payable, net 2,806.6 — — (2,806.6) —
Notes payable - affiliate — — 4.8 (4.8) —
Advance payments and customer deposits — 15.7 203.9 — 219.6
Accrued dividends 148.9 — — — 148.9
Accrued taxes 0.2 35.2 68.9 — 104.3
Accrued interest 107.2 1.7 4.7 — 113.6
Other current liabilities 42.7 17.8 262.3 — 322.8
Total current liabilities 3,991.6 121.5 866.2 (2,811.4) 2,167.9
Long-term debt 6,823.2 99.6 1,177.0 — 8,099.8
Notes payable - affiliate — — 324.9 (324.9) —
Deferred income taxes 175.1 922.7 799.0 — 1,896.8
Other liabilities 110.9 29.8 572.0 — 712.7
Total liabilities 11,100.8 1,173.6 3,739.1 (3,136.3) 12,877.2
Commitments and Contingencies (See Note 13)
Shareholders’ Equity:
Common stock 0.1 40.8 83.1 (123.9) 0.1
Additional paid-in capital 1,098.3 5,083.4 4,004.0 (9,087.4) 1,098.3
Accumulated other comprehensive income 6.4 8.0 36.7 (44.7) 6.4
Retained earnings — 940.5 3,198.1 (4,138.6) —
Total shareholders’ equity 1,104.8 6,072.7 7,321.9 (13,394.6) 1,104.8
Total Liabilities and Shareholders’ Equity $ 12,205.6 $ 7,246.3 $ 11,061.0 $ (16,530.9) $ 13,982.0