XML 50 R36.htm IDEA: XBRL DOCUMENT v3.6.0.2
Investment In and Advances To Unconsolidated Affiliates (Tables)
12 Months Ended
Dec. 31, 2016
Equity Method Investments and Joint Ventures [Abstract]  
Balance Sheet of Equity Method Investments
Summarized below is financial information for our equity investments:
 
December 31,
(in millions)
2016
 
2015
Assets
 
 
 
Current assets
$
38.8

 
$
34.2

Noncurrent assets
363.0

 
339.5

Total assets
$
401.8

 
$
373.7

 
 
 
 
Liabilities and Members' Equity
 
 
 
Current liabilities
$
77.5

 
$
44.4

Noncurrent liabilities
69.3

 
79.7

Members' equity
255.0

 
249.6

Total liabilities and members' equity
$
401.8

 
$
373.7

Income Statement of Equity Method Investments
 
Years Ended December 31,
(in millions)
2016
 
2015
 
2014
Net revenue:
 
 
 
 
 
Net revenue
$
216.1

 
$
195.2

 
$
147.3

Operating expense
161.3

 
152.4

 
124.0

Operating income
54.8

 
42.8

 
23.3

Interest and other expense, net
(6.9
)
 
(6.2
)
 
(5.0
)
Net income
$
47.9

 
$
36.6

 
$
18.3

Equity in Income of Unconsolidated Investments
Our accompanying Consolidated Statements of Comprehensive Income include our 50% share of MVG's results as follows:
 
Years Ended December 31,
(in millions)
2016
 
2015
 
2014
Equity in income of unconsolidated investments
$
14.2

 
$
10.6

 
$
8.9