|
Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| Assets |
|
|
| Cash and cash equivalents |
$ 176.3 |
$ 208.7 |
| Restricted amounts held in escrow |
90.1 |
20.0 |
| Accounts receivable, less allowances of $9.3 and $9.8 |
460.9 |
460.1 |
| Fuel and operating supplies |
17.0 |
27.4 |
| Prepaid expenses and other |
53.6 |
57.9 |
| Total current assets |
797.9 |
774.1 |
| Property and Equipment: |
|
|
| Cost |
2,844.2 |
2,869.0 |
| Less – accumulated depreciation |
(1,754.4) |
(1,677.6) |
| Net property and equipment |
1,089.8 |
1,191.4 |
| Intangibles, net |
79.8 |
99.2 |
| Restricted amounts held in escrow |
0.6 |
102.5 |
| Deferred income taxes, net |
18.3 |
0 |
| Other assets |
78.5 |
58.3 |
| Total Assets |
2,064.9 |
2,225.5 |
| Liabilities and Shareholders’ Deficit |
|
|
| Accounts payable |
176.7 |
162.0 |
| Wages, vacations and employees’ benefits |
191.2 |
190.9 |
| Deferred income taxes, net |
18.6 |
2.4 |
| Claims and insurance accruals |
121.0 |
156.2 |
| Other current and accrued liabilities |
68.5 |
74.6 |
| Current maturities of long-term debt |
8.6 |
9.1 |
| Total current liabilities |
584.6 |
595.2 |
| Other Liabilities: |
|
|
| Long-term debt, less current portion |
1,354.8 |
1,366.3 |
| Deferred income taxes, net |
1.8 |
0 |
| Pension and postretirement |
384.8 |
548.8 |
| Claims and other liabilities |
336.3 |
344.3 |
| Shareholders’ Deficit: |
|
|
| Common stock, $0.01 par value per share - authorized 33,333,333 shares, issued 10,173,000 and 7,976,000 shares |
0.1 |
0.1 |
| Capital surplus |
1,964.4 |
1,926.5 |
| Accumulated deficit |
(2,154.2) |
(2,070.6) |
| Accumulated other comprehensive loss |
(315.0) |
(392.4) |
| Treasury stock, at cost (410 shares) |
(92.7) |
(92.7) |
| Total shareholders’ deficit |
(597.4) |
(629.1) |
| Total Liabilities and Shareholders’ Deficit |
2,064.9 |
2,225.5 |
|
Series A Preferred Stock [Member]
|
|
|
| Shareholders’ Deficit: |
|
|
| Cumulative preferred stock, $1 par value per share - authorized 5,000,000 shares: Series A Preferred stock, shares issued 1, liquidation preference $1 |
$ 0 |
$ 0 |