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Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 117.0 $ 424.8
Receivables, less allowance ($19.6 in 2022 and $18.5 in 2021) 288.4 310.5
Prepaid lease and franchise costs 7.5 12.5
Other prepaid expenses 20.1 17.8
Other current assets 8.8 11.7
Total current assets 441.8 777.3
Noncurrent assets:    
Property and equipment, net 679.6 647.9
Goodwill 2,077.5 2,077.8
Intangible assets 806.6 614.9
Operating lease assets 1,531.2 1,485.5
Prepaid MTA equipment deployment costs 327.9 279.8
Other assets 44.4 41.5
Total assets 5,909.0 5,924.7
Current liabilities:    
Accounts payable 57.9 64.9
Accrued compensation 54.4 74.5
Accrued interest 30.8 30.7
Accrued lease and franchise costs 58.9 60.1
Other accrued expenses 45.4 40.3
Deferred revenues 41.9 30.9
Short-term operating lease liabilities 196.9 187.5
Other current liabilities 19.8 18.8
Total current liabilities 506.0 507.7
Noncurrent liabilities:    
Long-term debt, net 2,623.3 2,620.6
Deferred income tax liabilities, net 16.6 17.2
Asset retirement obligation 37.3 36.4
Operating lease liabilities 1,345.6 1,308.4
Other liabilities 40.9 43.9
Total liabilities 4,569.7 4,534.2
Commitments and contingencies
Preferred stock (2022 - 50.0 shares authorized, and 0.1 shares of Series A Preferred Stock issued and outstanding; 2021 - 50.0 shares authorized, and 0.4 shares of Series A Preferred Stock issued and outstanding) 119.8 383.4
Stockholders’ equity:    
Common stock (2022 - 450.0 shares authorized, and 164.0 shares issued and outstanding; 2021 - 450.0 shares authorized, and 145.6 issued and outstanding) 1.6 1.5
Additional paid-in capital 2,399.8 2,119.0
Distribution in excess of earnings (1,180.4) (1,122.0)
Accumulated other comprehensive loss (5.6) (4.4)
Total stockholders' equity 1,215.4 994.1
Non-controlling interests 4.1 13.0
Total equity 1,339.3 1,390.5
Total liabilities and equity $ 5,909.0 $ 5,924.7