Cincinnati bell inc. (CBB)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Dec'09
Assets
Current assets
Cash and cash equivalents

10

11

6

9

3

15

10

30

32

17

43

58

44

9

8

9

7

7

25

14

13

57

181

347

4

4

413

5

5

23

7

4

6

73

90

90

84

77

34

17

23

Restricted Cash, Current

-

-

-

-

-

-

0

366

379

378

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted Cash and Cash Equivalents, Current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

90

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receivables, less allowances of $16.7 and $14.3

270

307

253

268

260

342

286

241

232

239

170

166

173

178

172

157

138

157

160

150

160

160

174

162

165

145

153

148

148

199

193

194

176

179

178

180

165

184

170

165

159

Receivable from CyrusOne

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

5

9

7

8

8

11

9

8

7

8

0

-

-

-

-

-

-

-

-

-

-

-

Inventory, materials and supplies

43

44

49

47

38

46

44

31

45

44

19

23

24

22

23

23

21

20

22

24

19

25

22

16

23

23

26

26

23

30

26

24

25

23

23

18

21

20

25

22

23

Deferred income taxes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22

61

104

-

65

61

51

55

34

29

27

26

32

33

30

30

35

33

31

29

52

53

83

Prepaid expenses

31

28

29

28

31

30

27

22

23

22

17

19

20

15

15

15

16

13

13

13

14

10

17

12

14

11

11

12

13

11

13

14

14

11

11

14

12

10

11

20

29

Other current assets

9

11

11

8

9

10

10

7

9

7

6

5

3

3

4

3

3

2

3

1

3

1

4

0

2

1

3

1

3

11

11

8

4

2

6

3

4

0

2

0

1

Other current assets from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

0

4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current assets

364

403

349

362

344

445

379

699

722

710

257

273

266

229

313

208

188

200

251

272

325

268

474

608

273

251

650

231

229

303

285

278

257

321

346

339

318

322

296

279

321

Property, plant and equipment, net

1,761

1,780

1,796

1,813

1,832

1,844

1,831

1,125

1,118

1,129

1,112

1,111

1,107

1,085

1,052

1,021

995

975

930

894

845

815

875

874

892

902

892

879

873

1,587

1,510

1,471

1,426

1,400

1,338

1,296

1,274

1,264

1,261

1,265

1,123

Operating lease right-of-use assets

34

35

35

37

37

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment in CyrusOne

-

-

-

-

-

-

-

-

-

-

0

0

0

128

21

27

52

55

68

124

261

273

284

290

462

471

480

489

500

0

-

-

-

-

-

-

-

-

-

-

-

Goodwill

156

160

159

160

158

157

158

149

150

151

18

18

18

14

14

14

14

14

14

14

14

14

14

14

14

14

14

14

14

290

290

290

290

290

340

341

341

341

343

345

71

Intangible assets, net

148

155

158

-

-

168

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

-

-

-

162

165

-

173

124

128

132

-

-

-

0

-

-

-

-

0

0

0

0

1

90

91

91

92

93

93

196

201

203

212

216

221

226

231

236

238

243

110

Deferred income tax assets

80

59

59

58

47

47

60

14

13

12

50

55

62

64

108

132

177

182

168

174

236

369

268

259

333

339

376

396

399

407

392

399

410

423

371

390

406

422

382

397

393

Other noncurrent assets

54

58

60

61

63

67

56

52

52

52

17

23

19

18

19

18

16

17

26

28

32

33

33

38

34

36

44

41

40

86

71

59

60

62

64

64

64

66

70

72

44

Noncurrent assets from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

16

44

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

2,599

2,653

2,619

2,655

2,649

2,730

2,659

2,166

2,186

2,187

1,457

1,481

1,474

1,541

1,529

1,423

1,444

1,446

1,460

1,509

1,733

1,820

1,952

2,176

2,101

2,107

2,551

2,145

2,151

2,872

2,752

2,702

2,657

2,714

2,683

2,658

2,636

2,653

2,593

2,602

2,064

Liabilities and Shareowners’ Deficit
Current liabilities
Current portion of long-term debt

21

22

23

23

22

20

18

16

18

18

12

10

8

7

98

14

14

13

12

12

12

11

11

12

12

12

508

7

6

13

13

13

12

13

17

17

16

16

21

21

15

Accounts payable

274

284

248

273

259

331

281

205

195

185

109

121

120

105

134

142

118

128

144

123

111

131

132

105

111

89

107

103

111

135

132

119

88

133

98

95

87

110

88

91

106

Unearned revenue and customer deposits

54

59

50

50

-

55

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payable to CyrusOne

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1

1

0

1

0

0

0

1

1

22

0

-

-

-

-

-

-

-

-

-

-

-

Unearned revenue and customer deposits

-

-

-

-

49

-

55

40

39

36

32

33

38

36

36

26

27

29

26

27

30

30

33

31

32

32

34

32

32

51

48

50

48

48

48

49

49

48

49

49

46

Accrued taxes

19

29

22

17

18

24

22

17

18

21

19

12

11

12

14

12

12

14

13

12

10

9

18

16

11

12

19

14

13

21

19

16

15

15

17

14

13

13

15

15

14

Accrued interest

24

26

24

27

24

26

25

26

33

29

13

21

11

12

8

8

23

11

24

13

32

22

33

31

35

31

52

37

51

41

58

45

58

45

58

45

59

46

34

34

40

Accrued payroll and benefits

43

49

49

37

42

42

44

30

39

28

35

27

31

25

35

27

30

31

32

37

28

37

32

37

30

38

41

44

52

52

47

48

39

52

45

48

42

49

43

35

39

Deferred gain in wireless spectrum licenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposit received for sale of wireless towers

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

6

25

Other current liabilities

51

52

44

44

44

39

27

31

29

37

31

34

35

31

25

24

24

25

22

23

25

25

160

36

31

36

32

33

33

40

34

37

35

48

38

38

43

44

31

37

35

Other current liabilities from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2

5

11

19

26

142

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

489

523

464

473

460

541

474

368

373

357

252

261

257

232

354

256

252

259

289

272

279

410

424

270

265

254

797

274

322

355

353

331

300

356

324

309

312

328

287

292

323

Long-term debt, less current portion

1,927

1,901

1,904

1,913

1,909

1,909

1,909

1,727

1,726

1,729

1,120

1,116

1,113

1,199

1,125

1,125

1,226

1,223

1,236

1,379

1,748

1,689

1,887

2,214

2,244

2,252

2,108

2,183

2,127

2,676

2,561

2,538

2,518

2,520

2,508

2,506

2,507

2,507

2,458

2,469

1,963

Operating lease liabilities

31

32

32

33

34

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pension and postretirement benefit obligations

211

215

220

223

226

230

225

168

173

177

186

190

194

197

214

217

221

225

215

220

233

240

174

185

193

202

262

333

355

362

355

368

379

389

304

310

319

333

307

312

314

Pole license agreement obligation

37

38

38

38

38

39

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax liabilities

10

11

12

12

12

11

11

11

12

11

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other noncurrent liabilities

81

71

75

71

68

72

72

34

28

30

31

37

36

33

30

40

36

36

41

39

39

26

51

62

68

74

70

73

73

176

165

160

161

163

173

165

147

152

151

152

116

Noncurrent liabilities from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2

31

102

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

2,788

2,793

2,746

2,768

2,751

2,805

2,693

2,309

2,313

2,305

1,590

1,605

1,601

1,662

1,724

1,640

1,736

1,744

1,783

1,913

2,332

2,469

2,537

2,732

2,772

2,784

3,238

2,865

2,879

3,570

3,436

3,398

3,359

3,429

3,309

3,292

3,286

3,321

3,204

3,227

2,718

Shareowners' Deficit [Abstract]
Preferred stock, 2,357,299 shares authorized; 155,250 shares (3,105,000 depositary shares) of 6 3/4% Cumulative Convertible Preferred Stock issued and outstanding at March 31, 2020 and December 31, 2019; liquidation preference $1,000 per share ($50 per depositary share)

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

129

Common shares, $.01 par value; 96,000,000 shares authorized; 50,564,267 and 50,420,700 shares issued and outstanding at March 31, 2020 and December 31, 2019

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

2

2

0

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

Additional paid-in capital

2,674

2,676

2,676

2,677

2,678

2,680

2,681

2,561

2,562

2,565

2,567

2,568

2,570

2,570

2,573

2,569

2,574

2,577

2,577

2,579

2,581

2,582

2,584

2,587

2,587

2,590

2,592

2,593

2,595

2,590

2,587

2,582

2,584

2,584

2,586

2,597

2,599

2,601

2,614

2,616

2,619

Accumulated deficit

-2,810

-2,776

-2,755

-2,741

-2,736

-2,709

-2,679

-2,661

-2,647

-2,639

-2,680

-2,669

-2,671

-2,732

-2,730

-2,749

-2,827

-2,834

-2,866

-2,947

-3,138

-3,187

-3,169

-3,142

-3,256

-3,263

-3,235

-3,244

-3,245

-3,208

-3,199

-3,202

-3,207

-3,220

-3,189

-3,207

-3,220

-3,238

-3,220

-3,234

-3,266

Accumulated other comprehensive loss

-182

-170

-178

-177

-174

-175

-165

-172

-172

-173

-149

-152

-155

-90

-166

-168

-169

-171

-165

-166

-172

-173

-129

-130

-131

-133

-173

-198

-207

-209

-202

-204

-207

-208

-152

-153

-158

-160

-135

-135

-136

Common shares in treasury, at cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

1

1

1

1

1

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

Total shareowners' deficit

-188

-140

-127

-112

-102

-75

-33

-143

-127

-117

-133

-124

-127

-121

-194

-217

-291

-298

-323

-403

-599

-648

-584

-556

-670

-676

-687

-719

-727

-698

-684

-696

-701

-715

-626

-633

-650

-667

-611

-624

-654

Total liabilities and shareowners' deficit

2,599

2,653

2,619

2,655

2,649

2,730

2,659

2,166

2,186

2,187

1,457

1,481

1,474

1,541

1,529

1,423

1,444

1,446

1,460

1,509

1,733

1,820

1,952

2,176

2,101

2,107

2,551

2,145

2,151

2,872

2,752

2,702

2,657

2,714

2,683

2,658

2,636

2,653

2,593

2,602

2,064