Windstream Holdings Inc (WINMQ) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
4001 RODNEY PARHAM RD. LITTLE ROCK, AR 72212 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4813 - Telephone Communications, Except Radiotelephone (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 455 | 192 | 385 | 463 | 432 | 356 | |||
| Cash and cash equivalent | 455 | 192 | 385 | 463 | 432 | 356 | |||
| Restricted cash and investments | 8 | 8 | 8 | 8 | 8 | 5 | |||
| Receivables | 521 | 575 | 556 | 574 | 633 | 653 | |||
| Inventory, net of allowances, customer advances and progress billings | 62 | 65 | 71 | 77 | 80 | 82 | |||
| Inventory | 62 | 65 | 71 | 77 | 80 | 82 | |||
| Other undisclosed current assets | 239 | 198 | 196 | 219 | 196 | 160 | |||
| Total current assets: | 1,285 | 1,037 | 1,216 | 1,339 | 1,349 | 1,256 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 3,960 | ✕ | |||||||
| Property, plant and equipment | 3,653 | 3,621 | 3,582 | 3,569 | 3,628 | 4,921 | |||
| Intangible assets, net (including goodwill) | 1,108 | 1,130 | 1,172 | 1,214 | 1,609 | 3,987 | |||
| Goodwill | 61 | 61 | 61 | 61 | 435 | 2,774 | |||
| Intangible assets, net (excluding goodwill) | 1,047 | 1,069 | 1,111 | 1,153 | 1,175 | 1,213 | |||
| Regulated entity, other noncurrent assets | 31 | ||||||||
| Other noncurrent assets | 83 | 83 | 84 | 80 | 84 | 94 | |||
| Other undisclosed noncurrent assets | 4,018 | 4,067 | 4,126 | 4,157 | |||||
| Total noncurrent assets: | 8,804 | 8,852 | 8,905 | 8,988 | 9,509 | 9,002 | |||
| TOTAL ASSETS: | 10,088 | 9,889 | 10,121 | 10,327 | 10,857 | 10,258 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 317 | 345 | 363 | 301 | 338 | 635 | |||
| Interest and dividends payable | 1 | 44 | |||||||
| Taxes payable | 55 | 66 | 65 | 59 | 65 | 87 | |||
| Accounts payable | 262 | 279 | 299 | 242 | 272 | 504 | |||
| Deferred revenue | 152 | ✕ | |||||||
| Debt | 900 | 500 | 500 | 500 | 3,515 | 5,728 | |||
| Other liabilities | 237 | 223 | 210 | 184 | 120 | 344 | |||
| Contract with customer, liability | ✕ | ✕ | 151 | 156 | 163 | ✕ | 181 | ||
| Other undisclosed current liabilities | 164 | 4,570 | |||||||
| Total current liabilities: | 1,607 | 1,219 | 1,229 | 1,148 | 4,137 | 11,458 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 23 | 78 | 22 | 26 | 21 | 700 | |||
| Asset retirement obligations | 54 | 53 | |||||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 104 | ||
| Other liabilities | 23 | 24 | 22 | 26 | 21 | 542 | |||
| Other undisclosed noncurrent liabilities | 10,638 | 10,666 | 10,754 | 10,920 | 7,892 | 20 | |||
| Total noncurrent liabilities: | 10,661 | 10,744 | 10,776 | 10,946 | 7,913 | 720 | |||
| Total liabilities: | 12,268 | 11,963 | 12,005 | 12,094 | 12,050 | 12,177 | |||
| Equity | |||||||||
| Equity, attributable to parent | (2,180) | (2,074) | (1,883) | (1,766) | (1,193) | (1,919) | |||
| Additional paid in capital | 1,254 | 1,253 | 1,252 | 1,251 | 1,252 | 1,250 | |||
| Accumulated other comprehensive income | 20 | 23 | 27 | 29 | 32 | 36 | |||
| Accumulated deficit | (3,454) | (3,350) | (3,162) | (3,047) | (2,477) | (3,205) | |||
| Total equity: | (2,180) | (2,074) | (1,883) | (1,766) | (1,193) | (1,919) | |||
| TOTAL LIABILITIES AND EQUITY: | 10,088 | 9,889 | 10,121 | 10,327 | 10,857 | 10,258 | |||
Income Statement (P&L) ($ in millions)Annual | Quarterly
| 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,201 | 1,238 | 1,270 | 1,287 | 1,321 | 1,394 | ||
| Cost of revenue | (994) | (1,031) | (1,072) | (1,102) | (1,100) | (1,173) | ||
| Cost of product and service sold | (233) | (259) | (262) | (276) | (272) | |||
| Gross profit: | 207 | 207 | 198 | 185 | 221 | 221 | ||
| Operating expenses | (193) | (246) | (233) | (608) | (2,602) | (157) | ||
| Operating income (loss): | 14 | (39) | (35) | (423) | (2,381) | 64 | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 6 | 2 | 0 | (9) | (1) | (18) | ||
| Interest and debt expense | (73) | (78) | (81) | (81) | (92) | (224) | ||
| Loss from continuing operations before equity method investments, income taxes: | (53) | (115) | (116) | (513) | (2,474) | (178) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (41) | (41) | (29) | (85) | (105) | 145 | ||
| Loss from continuing operations before income taxes: | (94) | (156) | (145) | (598) | (2,579) | (33) | ||
| Income tax expense (benefit) | (8) | (32) | 29 | 54 | 269 | (517) | ||
| Loss from continuing operations: | (102) | (188) | (116) | (544) | (2,310) | (549) | ||
| Loss before gain (loss) on sale of properties: | (102) | (188) | (116) | (544) | (2,310) | (549) | ||
| Net loss available to common stockholders, diluted: | (102) | (188) | (116) | (544) | (2,310) | (549) | ||
Comprehensive Income ($ in millions)Annual | Quarterly
| 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (102) | (188) | (116) | (544) | (2,310) | (549) | ||
| Other comprehensive income (loss) | (0) | 1 | (0) | (1) | (0) | 1 | ||
| Comprehensive loss: | (102) | (187) | (116) | (545) | (2,311) | (549) | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (2) | (5) | (2) | (2) | (3) | (13) | ||
| Comprehensive loss, net of tax, attributable to parent: | (104) | (192) | (118) | (547) | (2,314) | (562) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.