Consolidated Balance Sheets - USD ($)
$ in Millions |
Dec. 31, 2020 |
Dec. 31, 2019 |
| Current Assets: |
|
|
| Cash and cash equivalents |
$ 439.3
|
$ 109.2
|
| Restricted amounts held in escrow |
38.7
|
0.0
|
| Accounts receivable, less allowances of $13.8 and $11.4, respectively |
505.0
|
464.4
|
| Prepaid expenses and other |
46.8
|
44.6
|
| Total current assets |
1,029.8
|
618.2
|
| Property and Equipment: |
|
|
| Cost |
2,795.5
|
2,761.6
|
| Less – accumulated depreciation |
(2,031.3)
|
(1,991.3)
|
| Net property and equipment |
764.2
|
770.3
|
| Deferred income taxes, net |
0.9
|
0.6
|
| Pension |
63.2
|
6.1
|
| Operating lease right-of-use assets |
276.0
|
386.0
|
| Other assets |
51.7
|
50.4
|
| Total Assets |
2,185.8
|
1,831.6
|
| Current Liabilities: |
|
|
| Accounts payable |
160.7
|
163.7
|
| Wages, vacations and employee benefits |
214.6
|
195.9
|
| Current operating lease liabilities |
114.2
|
120.8
|
| Claims and insurance accruals |
108.2
|
120.4
|
| Other accrued taxes |
68.6
|
25.8
|
| Other current and accrued liabilities |
30.4
|
21.3
|
| Current maturities of long-term debt |
4.0
|
4.1
|
| Total current liabilities |
700.7
|
652.0
|
| Other Liabilities: |
|
|
| Long-term debt, less current portion |
1,221.4
|
858.1
|
| Pension and postretirement |
16.7
|
236.5
|
| Operating lease liabilities |
172.6
|
246.3
|
| Claims and other liabilities |
297.7
|
279.9
|
| Commitments and contingencies |
|
|
| Shareholders’ Deficit: |
|
|
| Cumulative preferred stock, $1 par value per share - authorized 5,000,000 shares |
|
|
| Common stock, $0.01 par value per share - authorized 95,000,000 shares, issued 50,192,000 and 33,715,000 shares, respectively |
0.5
|
0.3
|
| Capital surplus |
2,383.6
|
2,332.9
|
| Accumulated deficit |
(2,365.9)
|
(2,312.4)
|
| Accumulated other comprehensive loss |
(148.8)
|
(369.3)
|
| Treasury stock, at cost (410 shares) |
(92.7)
|
(92.7)
|
| Total shareholders’ deficit |
(223.3)
|
(441.2)
|
| Total Liabilities and Shareholders’ Deficit |
$ 2,185.8
|
$ 1,831.6
|