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Acquisitions (Tables)
6 Months Ended
Jun. 30, 2016
Acquisitions [Abstract]  
Purchase Price Allocation



 

 

 



 

 

 

($ in millions)

 

 

    

 

 

 

Current assets

 

391 

Property, plant & equipment

 

 

7,693 

Goodwill

 

 

2,032 

Other intangibles - customer list

 

 

1,160 

Other assets

 

 

89 

Other current liabilities

 

 

(552)

Long-term debt

 

 

(544)

Other liabilities

 

 

(383)

Total net assets acquired

 

$

9,886 



 

 

 



Unaudited Pro Forma Information



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

(Unaudited)



 

For the three months ended

 

For the six months ended June 30,

($ in millions, except per share amounts)

 

June 30, 2015

 

2016

 

2015

    

 

 

 

 

 

 

 

 

 

Revenue

 

2,779 

 

5,322 

 

5,549 



 

 

 

 

 

 

 

 

 

Operating income

 

385 

 

743 

 

733 



 

 

 

 

 

 

 

 

 

Net loss attributable to Frontier common shareholders

 

(43)

 

(96)

 

(120)



 

 

 

 

 

 

 

 

 

Basic and diluted net loss attributable to

 

 

 

 

 

 

 

 

 

Frontier common shareholders per share

 

(0.04)

 

(0.08)

 

(0.10)



 

 

 

 

 

 

 

 

 



Schedule Of Acquisition and Integration Costs



 

 

 

 

 

 

 

 

 

 

 

 



 

For the three months ended June 30,

 

For the six months ended June 30,

($ in millions)

 

2016

 

2015

 

2016

 

2015



 

 

 

 

 

 

 

 

 

 

 

 

Acquisition costs:

 

 

 

 

 

 

 

 

 

 

 

 

Verizon Acquisition

 

$

21 

 

$

 

$

23 

 

$

35 

Connecticut Acquisition

 

 

 -

 

 

 -

 

 

 -

 

 



 

 

21 

 

 

 

 

23 

 

 

36 

Integration costs:

 

 

 

 

 

 

 

 

 

 

 

 

Verizon Acquisition

 

 

106 

 

 

28 

 

 

242 

 

 

31 

Connecticut Acquisition

 

 

 -

 

 

 

 

 -

 

 

25 



 

 

106 

 

 

33 

 

 

242 

 

 

56 

Total acquisition and

 

 

 

 

 

 

 

 

 

 

 

 

 integration costs

 

$

127 

 

$

35 

 

$

265 

 

$

92