Organization and Basis of Presentation (Tables)

12 Months Ended

Dec. 31, 2021

Organization and Basis of Presentation

Schedule of discontinued operations - assets and liabilities, components of income, revenue by service offering and non-cash items and capital expenditure

	December 31,
	2020
	(in millions)
Assets
Current assets
Accounts receivable—trade, net of allowance for doubtful accounts of $1.8	$	25.1
Accounts receivable—other, net		0.9
Prepaid expenses and other		13.2
Total current assets		39.2
Right-of-use lease assets—operating		2.8
Property, plant and equipment, net		379.4
Franchise operating rights		165.4
Goodwill		183.7
Intangible assets subject to amortization, net		0.2
Other non-current assets		8.5
Total assets	$	779.2
Liabilities
Current liabilities
Accounts payable—trade	$	11.4
Current portion of long-term lease liability—operating		0.7
Accrued liabilities and other		18.9
Current portion of unearned service revenue		16.9
Total current liabilities		47.9
Long-term lease liability—operating		2.3
Total liabilities	$	50.2

The following table presents information regarding certain components of income from discontinued operations:

	Year ended December 31,
	2021 (1)		2020		2019
	(in millions)
Revenue	$	308.3	$	418.2	$	418.8
Costs and expenses:
Operating (excluding depreciation and amortization)		112.0		165.0		178.4
Selling, general and administrative		11.8		12.3		13.0
Depreciation and amortization		41.0		79.6		72.8
		164.8		256.9		264.2
Income from operations		143.5		161.3		154.6
Other income (expense):
Interest income (expense)		0.4		(0.7)		(0.2)
Gain on sale of assets, net		1,001.8		—		—
Other income, net		0.1		0.5		(0.2)
Income from discontinued operations before provision for income tax		1,145.8		161.1		154.2
Income tax expense		(306.7)		(38.4)		(35.4)
Income from discontinued operations	$	839.1	$	122.7	$	118.8

(1) Includes the activity for the Cleveland and Columbus, Ohio markets through September 1, 2021 and the Chicago, Illinois, Evansville, Indiana, and Baltimore, Maryland markets through November 1, 2021.

The following table presents revenue by service offering from discontinued operations:

	Year ended December 31,
	2021(1)		2020		2019
	(in millions)
Residential subscription
HSD	$	150.1	$	185.6	$	170.4
Video		103.2		157.4		166.2
Telephony		11.5		16.9		18.9
Total Residential subscription	$	264.8	$	359.9	$	355.5
Business subscription
HSD	$	17.8	$	22.6	$	21.3
Video		2.7		3.6		3.6
Telephony		8.4		11.9		12.1
Total business subscription	$	28.9	$	38.1	$	37.0
Total subscription services revenue		293.7		398.0		392.5
Other business services revenue		1.6		1.9		2.8
Other revenue		13.0		18.3		23.5
Total revenue	$	308.3	$	418.2	$	418.8

(1) Includes the activity for the Cleveland and Columbus, Ohio markets through September 1, 2021 and the Chicago, Illinois, Evansville, Indiana, and Baltimore, Maryland markets through November 1, 2021.

The following table presents specified items of cash flow and significant non-cash items of discontinued operations:

	Year ended December 31,
	2021 (1)		2020		2019
	(in millions)
Specified items of cash flow:
Capital expenditures	$	45.4	$	62.7	$	103.2
Non-cash operating activities:
Operating lease additions	$	0.7	$	0.7	$	—
Non-cash investing activities:
Capital expenditure accounts payable and accruals	$	—	$	2.1	$	1.0

(1) Includes the activity for the Cleveland and Columbus, Ohio markets through September 1, 2021 and the Chicago, Illinois, Evansville, Indiana, and Baltimore, Maryland markets through November 1, 2021.

(1)