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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2015
Acquisitions [Abstract]  
Allocation of the purchase price for the Connecticut Acquisition

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

($ in millions)

 

 

 

 

 

 

    

 

 

 

 

 

 

 

 

Current assets

 

69 

 

 

 

 

 

Property, plant & equipment

 

 

1,459 

 

 

 

 

 

Goodwill

 

 

815 

 

 

 

 

 

Other intangibles - customer base

 

 

570 

 

 

 

 

 

Current liabilities

 

 

(94)

 

 

 

 

 

Deferred income taxes

 

 

(576)

 

 

 

 

 

Other liabilities

 

 

(225)

 

 

 

 

 

Total net assets acquired

 

$

2,018 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unaudited Pro Forma Condensed Combined Statements of Income Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

($ in millions, except per share amounts)

 

 

(Unaudited)

 

 

 

 

For the year ended December 31,

 

 

 

 

2014

 

 

2013

 

    

 

 

 

 

 

 

 

Revenue

 

5,775 

 

6,011 

 

 

 

 

 

 

 

 

 

Operating income

 

985 

 

1,049 

 

 

 

 

 

 

 

 

 

Net income attributable to Frontier

 

 

 

 

 

 

 

common shareholders

 

191 

 

83 

 

 

 

 

 

 

 

 

 

Basic and diluted net income per

 

 

 

 

 

 

 

share attributable to Frontier

 

 

 

 

 

 

 

common shareholders

 

0.19 

 

0.08