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



 

 

 



 

 

 

($ in millions)

 

 

    

 

 

 

Current assets

 

388 

Property, plant & equipment

 

 

6,315 

Goodwill

 

 

2,341 

Other intangibles - primarily customer list

 

 

2,189 

Current liabilities

 

 

(488)

Long-term debt

 

 

(544)

Other liabilities

 

 

(330)

Total net assets acquired

 

$

9,871 



 

 

 



Unaudited Pro Forma Information



 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 



 

(Unaudited)



 

For the three months ended

 

 

For the nine months ended September 30,

($ in millions, except per share amounts)

 

September 30, 2015

 

 

2016

 

2015

    

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

 

2,797 

 

 

 

7,846 

 

 

8,346 



 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income

 

 

396 

 

 

 

1,129 

 

 

1,129 



 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to Frontier common shareholders

 

 

(32)

 

 

 

(164)

 

 

(152)



 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted net loss attributable to

 

 

 

 

 

 

 

 

 

 

 

 

 

Frontier common shareholders per share

 

 

(0.03)

 

 

 

(0.14)

 

 

(0.13)



 

 

 

 

 

 

 

 

 

 

 

 

 



Schedule Of Acquisition and Integration Costs



 

 

 

 

 

 

 

 

 

 

 

 



 

For the three months ended September 30,

 

For the nine months ended September 30,

($ in millions)

 

2016

 

2015

 

2016

 

2015



 

 

 

 

 

 

 

 

 

 

 

 

Acquisition costs:

 

 

 

 

 

 

 

 

 

 

 

 

Verizon Acquisition

 

$

 -

 

$

 

$

23 

 

$

37 

Connecticut Acquisition

 

 

 -

 

 

 -

 

 

 -

 

 



 

 

 -

 

 

 

 

23 

 

 

38 

Integration costs:

 

 

 

 

 

 

 

 

 

 

 

 

Verizon Acquisition

 

 

122 

 

 

44 

 

 

364 

 

 

75 

Connecticut Acquisition

 

 

 -

 

 

12 

 

 

 -

 

 

37 



 

 

122 

 

 

56 

 

 

364 

 

 

112 

Total acquisition and

 

 

 

 

 

 

 

 

 

 

 

 

 integration costs

 

$

122 

 

$

58 

 

$

387 

 

$

150