XML 96 R8.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2011
Operating activities:      
Net income (loss) $ 69.1 $ 55.9 $ (8.4)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Income (loss) from discontinued operations (0.1) 0.5 5.9
Depreciation and amortization 257.1 258.3 193.8
Amortization of loan costs 9.2 6.9 6.3
Accretion of principal on notes 4.0 7.3 23.1
Acquisition related expenses 8.1 14.0 12.5
Stock compensation 6.4 9.2 4.8
Deferred income taxes 22.5 15.5 3.1
Loss (gain) on disposal of assets (13.3) 0.6 (0.2)
Debt extinguishment costs 2.1 38.9 0
Other 0.4 (0.2) (0.4)
Changes in operating assets and liabilities:      
Accounts receivable, net 65.9 (177.7) (82.2)
Inventories (4.8) (5.9) (1.3)
Prepaid expenses and other current assets 60.4 (79.4) 56.5
Accounts payable 10.6 46.4 30.4
Accrued expenses and other liabilities (196.9) (76.2) 38.6
Net cash provided by operating activities — continuing operations 300.7 114.1 282.5
Net cash provided by (used in) operating activities - discontinued operations 0.1 (0.5) (5.9)
Net cash provided by operating activities 300.8 113.6 276.6
Investing activities:      
Acquisitions and related expenses, net of cash acquired (15.4) (212.9) (464.9)
Capital expenditures (420.5) (293.3) (206.5)
Proceeds from asset disposal 17.1 2.8 1.6
Proceeds from sale of investments in securities 76.2 85.3 252.7
Purchases of investments in securities (79.1) (73.5) (123.7)
Net deposits to restricted cash and escrow fund 17.0 (20.5) 0
Other investing activities (1.4) (1.1) (4.1)
Net cash used in investing activities (406.1) (513.2) (544.9)
Financing activities:      
Payments of long-term debt and capital lease obligations (22.0) (553.1) (10.6)
Proceeds from debt borrowings 300.0 452.2 1,011.2
Dividends to equity holders 0 0 (447.2)
Payments of debt issuance costs (2.8) (10.5) (25.9)
Proceeds from issuance of common stock 0 67.5 450.0
Payments of IPO related costs 0 (6.9) (26.9)
Payments of tender premiums on note redemption (0.5) (27.6) 0
Other financing activities (0.9) (3.1) (3.3)
Net cash provided by (used in) financing activities 273.8 (81.5) 947.3
Net increase (decrease) in cash and cash equivalents 168.5 (481.1) 679.0
Cash and cash equivalents, beginning of period 455.5 936.6 257.6
Cash and cash equivalents, end of period 624.0 455.5 936.6
Supplemental cash flow information:      
Net cash paid for interest 184.1 162.4 126.5
Net cash paid (received) for income taxes 22.2 4.5 6.0
Supplemental noncash activities:      
Capitalized interest 10.5 3.4 5.6
Change in fair value of investments in securities, net of taxes 3.0 0.1 2.8
Change in funded status of pension plan, net of taxes $ 21.1 $ (68.9) $ 20.3