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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
OPERATING ACTIVITIES        
Net income $ 300.5 $ 222.5 $ 615.7 $ 408.3
Adjustments to reconcile net income to net cash provided from operating activities:        
Depreciation, amortization and depletion 171.2 164.5 324.6 299.8
Equity earnings of affiliate, net of dividends received (1.2) (0.5) (4.0) (2.2)
Gain (loss) on foreign currency transaction effect 21.7 (7.1) 52.8 (8.1)
Benefit for deferred income taxes (24.0) (31.9) (40.6) (53.8)
Other, net 1.2 7.1 7.6 13.8
Change in operating assets and liabilities:        
Decrease (increase) in accounts receivable 49.5 43.3 (28.2) (28.5)
Increase in inventories (37.6) (54.4) (48.3) (146.3)
Decrease in accounts payable and accrued liabilities (195.1) (119.5) (123.4) (99.5)
Decrease (increase) in other operating assets and liabilities 67.6 40.6 87.7 (54.7)
Net cash provided by operating activities 353.8 264.6 843.9 328.8
INVESTING ACTIVITIES        
Capital investments (252.1) (341.6) (497.7) (564.9)
Proceeds from sale of short-term investments, net 12.6 184.5 11.2 505.3
Loan repaid by related parties   36.4   36.4
Sale of property 0.7 0.4 1.1 1.2
Net cash used in investing activities (238.8) (120.3) (485.4) (22.0)
FINANCING ACTIVITIES        
Cash dividends paid to common stockholders (92.8) (38.7) (154.6) (61.9)
Repurchase of common shares       (53.7)
Other 0.3 0.3 0.3 0.3
Net cash used in financing activities (92.5) (38.4) (154.3) (115.3)
Effect of exchange rate changes on cash and cash equivalents (32.5) (29.4) (61.5) (13.5)
(Decrease) increase in cash and cash equivalents (10.0) 76.5 142.7 178.0
Cash and cash equivalents, at beginning of period 698.7 376.0 546.0 274.5
Cash and cash equivalents, at end of period $ 688.7 $ 452.5 $ 688.7 $ 452.5