Note 12 Condensed Consolidating Financial Information

Nabors has fully and unconditionally guaranteed all of the issued public debt securities of Nabors Delaware, a wholly owned subsidiary. The following condensed consolidating financial information is included so that separate financial statements of Nabors Delaware are not required to be filed with the SEC. The condensed consolidating financial statements present investments in both consolidated and unconsolidated affiliates using the equity method of accounting.

The following condensed consolidating financial information presents condensed consolidating balance sheets as of June 30, 2016 and December 31, 2015, statements of income (loss) and statements of other comprehensive income (loss) for the three and six months ended June 30, 2016 and 2015, and statements of cash flows for the six months ended June 30, 2016 and 2015 of (a) Nabors, parent/guarantor, (b) Nabors Delaware, issuer of public debt securities guaranteed by Nabors, (c) the non-guarantor subsidiaries, (d) consolidating adjustments necessary to consolidate Nabors and its subsidiaries and (e) Nabors on a consolidated basis.

Condensed Consolidating Balance Sheets


	June 30, 2016
					Other
	Nabors			Nabors	Subsidiaries
	(Parent/		Delaware		(Non-		Consolidating
	Guarantor)		(Issuer)		Guarantors)		Adjustments		Total
	(In thousands)
	ASSETS
Current assets:
Cash and cash equivalents	$	5,598	$	11	$	228,143	$	—	$	233,752
Short-term investments		—		—		22,104		—		22,104
Assets held for sale		—		—		86,608		—		86,608
Accounts receivable, net		—		—		504,099		—		504,099
Inventory		—		—		151,753		—		151,753
Other current assets		50		7,303		185,574		—		192,927
Total current assets		5,648		7,314		1,178,281		—		1,191,243
Property, plant and equipment, net		—		—		6,765,257		—		6,765,257
Goodwill		—		—		167,275		—		167,275
Intercompany receivables		146,459		11,000		1,375,405		(1,532,864)		—
Investment in consolidated affiliates		3,649,062		4,850,411		1,092,713		(9,592,186)		—
Investment in unconsolidated affiliates		—		—		888		—		888
Deferred tax assets		—		404,434		—		(404,434)		—
Other long-term assets		—		362		753,290		(222,010)		531,642
Total assets	$	3,801,169	$	5,273,521	$	11,333,109	$	(11,751,494)	$	8,656,305

	LIABILITIES AND EQUITY
Current liabilities:
Current debt	$	—	$	—	$	175	$	—	$	175
Trade accounts payable		157		—		199,462		—		199,619
Accrued liabilities		20,162		64,571		565,286		—		650,019
Income taxes payable		—		—		18,362		—		18,362
Total current liabilities		20,319		64,571		783,285		—		868,175
Long-term debt		—		3,725,182		—		(222,010)		3,503,172
Other long-term liabilities		—		22,554		495,481		—		518,035
Deferred income taxes		—		—		448,659		(404,434)		44,225
Intercompany payable		65,000		1,467,864		—		(1,532,864)		—
Total liabilities		85,319		5,280,171		1,727,425		(2,159,308)		4,933,607
Shareholders’ equity		3,715,850		(6,650)		9,598,836		(9,592,186)		3,715,850
Noncontrolling interest		—		—		6,848		—		6,848
Total equity		3,715,850		(6,650)		9,605,684		(9,592,186)		3,722,698
Total liabilities and equity	$	3,801,169	$	5,273,521	$	11,333,109	$	(11,751,494)	$	8,656,305

Condensed Consolidating Balance Sheets


	December 31, 2015
					Other
	Nabors		Nabors		Subsidiaries
	(Parent/		Delaware		(Non-		Consolidating
	Guarantor)		(Issuer)		Guarantors)		Adjustments		Total
	(In thousands)
	ASSETS
Current assets:
Cash and cash equivalents	$	873	$	10	$	253,647	$	—	$	254,530
Short-term investments		—		—		20,059		—		20,059
Assets held for sale		—		—		75,678		—		75,678
Accounts receivable, net		—		—		784,671		—		784,671
Inventory		—		—		153,824		—		153,824
Other current assets		50		9,016		178,069		—		187,135
Total current assets		923		9,026		1,465,948		—		1,475,897
Property, plant and equipment, net		—		—		7,027,802		—		7,027,802
Goodwill		—		—		166,659		—		166,659
Intercompany receivables		139,366		11,000		1,260,310		(1,410,676)		—
Investment in consolidated affiliates		4,183,362		4,973,327		1,284,225		(10,440,914)		—
Investment in unconsolidated affiliates		—		—		415,177		—		415,177
Deferred tax assets		—		366,818		—		(366,818)		—
Other long-term assets		—		12,907		507,336		(67,938)		452,305
Total assets	$	4,323,651	$	5,373,078	$	12,127,457	$	(12,286,346)	$	9,537,840

	LIABILITIES AND EQUITY
Current liabilities:
Current debt	$	—	$	—	$	6,508	$	—	$	6,508
Trade accounts payable		71		3		271,910		—		271,984
Accrued liabilities		370		64,550		621,693		—		686,613
Income taxes payable		—		—		41,394		—		41,394
Total current liabilities		441		64,553		941,505		—		1,006,499
Long-term debt		—		3,723,138		—		(67,938)		3,655,200
Other long-term liabilities		—		35,086		517,861		—		552,947
Deferred income taxes		—		—		396,144		(366,818)		29,326
Intercompany payable		40,500		1,370,176		—		(1,410,676)		—
Total liabilities		40,941		5,192,953		1,855,510		(1,845,432)		5,243,972
Shareholders’ equity		4,282,710		180,125		10,260,789		(10,440,914)		4,282,710
Noncontrolling interest		—		—		11,158		—		11,158
Total equity		4,282,710		180,125		10,271,947		(10,440,914)		4,293,868
Total liabilities and equity	$	4,323,651	$	5,373,078	$	12,127,457	$	(12,286,346)	$	9,537,840

Condensed Consolidating Statements of Income (Loss)


	Three Months Ended June 30, 2016
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Revenues and other income:
Operating revenues	$	—	$	—	$	571,591	$	—	$	571,591
Earnings (losses) from unconsolidated affiliates		—		—		(54,769)		—		(54,769)
Earnings (losses) from consolidated affiliates		(182,149)		(17,025)		(49,190)		248,364		—
Investment income (loss)		1		9		3,241		(2,981)		270
Intercompany interest income		9		95		—		(104)		—
Total revenues and other income		(182,139)		(16,921)		470,873		245,279		517,092
Costs and other deductions:
Direct costs		—		—		341,279		—		341,279
General and administrative expenses		2,352		135		54,294		(157)		56,624
Research and engineering		—		—		8,180		—		8,180
Depreciation and amortization		—		31		218,882		—		218,913
Interest expense		—		51,059		(5,822)		—		45,237
Other, net		159		(65)		74,356		157		74,607
Intercompany interest expense		—		—		104		(104)		—
Total costs and other deductions		2,511		51,160		691,273		(104)		744,840
Income (loss) from continuing operations before income taxes		(184,650)		(68,081)		(220,400)		245,383		(227,748)
Income tax expense (benefit)		—		(18,891)		(22,292)		—		(41,183)
Income (loss) from continuing operations, net of tax		(184,650)		(49,190)		(198,108)		245,383		(186,565)
Income (loss) from discontinued operations, net of tax		—		—		(984)		—		(984)
Net income (loss)		(184,650)		(49,190)		(199,092)		245,383		(187,549)
Less: Net (income) loss attributable to noncontrolling interest		—		—		2,899		—		2,899
Net income (loss) attributable to Nabors	$	(184,650)	$	(49,190)	$	(196,193)	$	245,383	$	(184,650)

Condensed Consolidating Statements of Income (Loss)


	Three Months Ended June 30, 2015
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)

Revenues and other income:
Operating revenues	$	—	$	—	$	863,305	$	—	$	863,305
Earnings from unconsolidated affiliates		—		—		(1,116)		—		(1,116)
Earnings (losses) from consolidated affiliates		(34,151)		53,933		24,751		(44,533)		—
Investment income (loss)		—		555		2,953		(2,327)		1,181
Intercompany interest income		—		2,187		—		(2,187)		—
Total revenues and other income		(34,151)		56,675		889,893		(49,047)		863,370
Costs and other deductions:
Direct costs		—		—		488,522		—		488,522
General and administrative expenses		2,112		(681)		74,519		(140)		75,810
Research and engineering		—		—		10,480		—		10,480
Depreciation and amortization		—		31		218,165		—		218,196
Interest expense		(1)		49,713		(5,243)		—		44,469
Other, net		535		—		663		140		1,338
Intercompany interest expense		24		—		2,163		(2,187)		—
Total costs and other deductions		2,670		49,063		789,269		(2,187)		838,815
Income (loss) from continuing operations before income taxes		(36,821)		7,612		100,624		(46,860)		24,555
Income tax expense (benefit)		—		(17,139)		83,584		—		66,445
Income (loss) from continuing operations, net of tax		(36,821)		24,751		17,040		(46,860)		(41,890)
Income (loss) from discontinued operations, net of tax		—		—		5,025		—		5,025
Net income (loss)		(36,821)		24,751		22,065		(46,860)		(36,865)
Less: Net (income) loss attributable to noncontrolling interest		—		—		44		—		44
Net income (loss) attributable to Nabors	$	(36,821)	$	24,751	$	22,109	$	(46,860)	$	(36,821)

Condensed Consolidating Statements of Income (Loss)


	Six Months Ended June 30, 2016
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Revenues and other income:
Operating revenues	$	—	$	—	$	1,169,162	$	—	$	1,169,162
Earnings (losses) from unconsolidated affiliates		—		—		(221,920)		—		(221,920)
Earnings (losses) from consolidated affiliates		(577,919)		(123,112)		(187,160)		888,191		—
Investment income (loss)		1		132		6,442		(5,962)		613
Intercompany interest income		9		255		—		(264)		—
Total revenues and other income		(577,909)		(122,725)		766,524		881,965		947,855
Costs and other deductions:
Direct costs		—		—		706,302		—		706,302
General and administrative expenses		4,714		266		114,292		(314)		118,958
Research and engineering		—		—		16,342		—		16,342
Depreciation and amortization		—		62		434,669		—		434,731
Interest expense		—		101,723		(10,756)		—		90,967
Other, net		316		—		256,381		314		257,011
Intercompany interest expense		5		—		259		(264)		—
Total costs and other deductions		5,035		102,051		1,517,489		(264)		1,624,311
Income (loss) from continuing operations before income taxes		(582,944)		(224,776)		(750,965)		882,229		(676,456)
Income tax expense (benefit)		—		(37,616)		(55,631)		—		(93,247)
Income (loss) from continuing operations, net of tax		(582,944)		(187,160)		(695,334)		882,229		(583,209)
Income (loss) from discontinued operations, net of tax		—		—		(1,910)		—		(1,910)
Net income (loss)		(582,944)		(187,160)		(697,244)		882,229		(585,119)
Less: Net (income) loss attributable to noncontrolling interest		—		—		2,175		—		2,175
Net income (loss) attributable to Nabors	$	(582,944)	$	(187,160)	$	(695,069)	$	882,229	$	(582,944)

Condensed Consolidating Statements of Income (Loss)


	Six Months Ended June 30, 2015
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Revenues and other income:
Operating revenues	$	—	$	—	$	2,278,012	$	—	$	2,278,012
Earnings from unconsolidated affiliates		—		—		5,386		—		5,386
Earnings (losses) from consolidated affiliates		103,886		7,493		(53,687)		(57,692)		—
Investment income (loss)		—		560		6,244		(4,654)		2,150
Intercompany interest income		—		4,626		—		(4,626)		—
Total revenues and other income		103,886		12,679		2,235,955		(66,972)		2,285,548
Costs and other deductions:
Direct costs		—		—		1,408,132		—		1,408,132
General and administrative expenses		4,831		(323)		187,016		(284)		191,240
Research and engineering		—		—		22,183		—		22,183
Depreciation and amortization		—		643		498,572		—		499,215
Interest expense		(1)		101,977		(10,906)		—		91,070
Other, net		12,219		—		(67,007)		284		(54,504)
Intercompany interest expense		24		—		4,602		(4,626)		—
Total costs and other deductions		17,073		102,297		2,042,592		(4,626)		2,157,336
Income (loss) from continuing operations before income taxes		86,813		(89,618)		193,363		(62,346)		128,212
Income tax expense (benefit)		—		(35,931)		81,671		—		45,740
Income (loss) from continuing operations, net of tax		86,813		(53,687)		111,692		(62,346)		82,472
Income (loss) from discontinued operations, net of tax		—		—		4,208		—		4,208
Net income (loss)		86,813		(53,687)		115,900		(62,346)		86,680
Less: Net (income) loss attributable to noncontrolling interest		—		—		133		—		133
Net income (loss) attributable to Nabors	$	86,813	$	(53,687)	$	116,033	$	(62,346)	$	86,813

Condensed Consolidating Statements of Comprehensive Income (Loss)


	Three Months Ended June 30, 2016
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Net income (loss) attributable to Nabors	$	(184,650)	$	(49,190)	$	(196,193)	$	245,383	$	(184,650)
Other comprehensive income (loss) before tax:
Translation adjustment attributable to Nabors
Unrealized loss on translation adjustment		3,458		46		3,504		(3,550)		3,458
Less: reclassification adjustment for realized loss on translation adjustment		—		—		—		—		—
Translation adjustment attributable to Nabors		3,458		46		3,504		(3,550)		3,458
Unrealized gains (losses) on marketable securities:
Unrealized gains (losses) on marketable securities		1,280		—		1,280		(1,280)		1,280
Less: reclassification adjustment for (gains) losses included in net income (loss)		—		—		—		—		—
Unrealized gains (losses) on marketable securities		1,280		—		1,280		(1,280)		1,280
Pension liability amortization and adjustment		294		294		588		(882)		294
Unrealized gains (losses) and amortization on cash flow hedges		153		153		153		(306)		153
Other comprehensive income (loss) before tax		5,185		493		5,525		(6,018)		5,185
Income tax expense (benefit) related to items of other comprehensive income (loss)		171		171		283		(454)		171
Other comprehensive income (loss), net of tax		5,014		322		5,242		(5,564)		5,014
Comprehensive income (loss) attributable to Nabors		(179,636)		(48,868)		(190,951)		239,819		(179,636)
Net income (loss) attributable to noncontrolling interest		—		—		(2,899)		—		(2,899)
Translation adjustment attributable to noncontrolling interest		—		—		42		—		42
Comprehensive income (loss) attributable to noncontrolling interest		—		—		(2,857)		—		(2,857)
Comprehensive income (loss)	$	(179,636)	$	(48,868)	$	(193,808)	$	239,819	$	(182,493)

Condensed Consolidating Statements of Comprehensive Income (Loss)


	Three Months Ended June 30, 2015
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Net income (loss) attributable to Nabors	$	(36,821)	$	24,751	$	22,109	$	(46,860)	$	(36,821)
Other comprehensive income (loss) before tax:
Translation adjustment attributable to Nabors
Unrealized loss on translation adjustment		12,273		—		12,273		(12,273)		12,273
Less: reclassification adjustment for realized loss on translation adjustment		—		—		—		—		—
Translation adjustment attributable to Nabors		12,273		—		12,273		(12,273)		12,273
Unrealized gains (losses) on marketable securities:
Unrealized gains (losses) on marketable securities		(2,153)		—		(2,153)		2,153		(2,153)
Less: reclassification adjustment for (gains) losses included in net income (loss)		—		—		—		—		—
Unrealized gains (losses) on marketable securities		(2,153)		—		(2,153)		2,153		(2,153)
Pension liability amortization and adjustment		276		276		552		(828)		276
Unrealized gains (losses) and amortization on cash flow hedges		153		153		153		(306)		153
Other comprehensive income (loss) before tax		10,549		429		10,825		(11,254)		10,549
Income tax expense (benefit) related to items of other comprehensive income (loss)		161		161		263		(424)		161
Other comprehensive income (loss), net of tax		10,388		268		10,562		(10,830)		10,388
Comprehensive income (loss) attributable to Nabors		(26,433)		25,019		32,671		(57,690)		(26,433)
Net income (loss) attributable to noncontrolling interest		—		—		(44)		—		(44)
Translation adjustment attributable to noncontrolling interest		—		—		162		—		162
Comprehensive income (loss) attributable to noncontrolling interest		—		—		118		—		118
Comprehensive income (loss)	$	(26,433)	$	25,019	$	32,789	$	(57,690)	$	(26,315)

Condensed Consolidating Statements of Comprehensive Income (Loss)


	Six Months Ended June 30, 2016
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Net income (loss) attributable to Nabors	$	(582,944)	$	(187,160)	$	(695,069)	$	882,229	$	(582,944)
Other comprehensive income (loss) before tax
Translation adjustment attributable to Nabors:
Unrealized loss on translation adjustment		36,820		—		36,820		(36,820)		36,820
Less: reclassification adjustment for realized loss on translation adjustment		—		—		—		—		—
Translation adjustment attributable to Nabors		36,820		—		36,820		(36,820)		36,820
Unrealized gains (losses) on marketable securities:
Unrealized gains (losses) on marketable securities		2,049		—		2,049		(2,049)		2,049
Less: reclassification adjustment for (gains) losses included in net income (loss)		—		—		—		—		—
Unrealized gains (losses) on marketable securities		2,049		—		2,049		(2,049)		2,049
Pension liability amortization and adjustment		468		468		936		(1,404)		468
Unrealized gains (losses) and amortization on cash flow hedges		306		306		306		(612)		306
Other comprehensive income (loss) before tax		39,643		774		40,111		(40,885)		39,643
Income tax expense (benefit) related to items of other comprehensive income (loss)		300		300		481		(781)		300
Other comprehensive income (loss), net of tax		39,343		474		39,630		(40,104)		39,343
Comprehensive income (loss) attributable to Nabors		(543,601)		(186,686)		(655,439)		842,125		(543,601)
Net income (loss) attributable to noncontrolling interest		—		—		(2,175)		—		(2,175)
Translation adjustment attributable to noncontrolling interest		—		—		461		—		461
Comprehensive income (loss) attributable to noncontrolling interest		—		—		(1,714)		—		(1,714)
Comprehensive income (loss)	$	(543,601)	$	(186,686)	$	(657,153)	$	842,125	$	(545,315)

Condensed Consolidating Statements of Comprehensive Income (Loss)


	Six Months Ended June 30, 2015
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Net income (loss) attributable to Nabors	$	86,813	$	(53,687)	$	116,033	$	(62,346)	$	86,813
Other comprehensive income (loss) before tax
Translation adjustment attributable to Nabors:
Unrealized loss on translation adjustment		(56,266)		51		(56,215)		56,164		(56,266)
Less: reclassification adjustment for realized loss on translation adjustment		5,365		—		5,365		(5,365)		5,365
Translation adjustment attributable to Nabors		(50,901)		51		(50,850)		50,799		(50,901)
Unrealized gains (losses) on marketable securities:
Unrealized gains (losses) on marketable securities		(2,000)		—		(2,000)		2,000		(2,000)
Less: reclassification adjustment for (gains) losses included in net income (loss)		—		—		—		—		—
Unrealized gains (losses) on marketable securities		(2,000)		—		(2,000)		2,000		(2,000)
Pension liability amortization and adjustment		552		552		1,104		(1,656)		552
Unrealized gains (losses) and amortization on cash flow hedges		306		306		306		(612)		306
Other comprehensive income (loss) before tax		(52,043)		909		(51,440)		50,531		(52,043)
Income tax expense (benefit) related to items of other comprehensive income (loss)		323		323		527		(850)		323
Other comprehensive income (loss), net of tax		(52,366)		586		(51,967)		51,381		(52,366)
Comprehensive income (loss) attributable to Nabors		34,447		(53,101)		64,066		(10,965)		34,447
Net income (loss) attributable to noncontrolling interest		—		—		(133)		—		(133)
Translation adjustment attributable to noncontrolling interest		—		—		(718)		—		(718)
Comprehensive income (loss) attributable to noncontrolling interest		—		—		(851)		—		(851)
Comprehensive income (loss)	$	34,447	$	(53,101)	$	63,215	$	(10,965)	$	33,596

Condensed Consolidating Statements Cash Flows


	Six Months Ended June 30, 2016
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Net cash provided by (used for) operating activities	$	4,370	$	(134,437)	$	469,720	$	(2,981)	$	336,672
Cash flows from investing activities:
Sales and maturities of investments		—		—		367		—		367
Capital expenditures		—		—		(193,234)		—		(193,234)
Proceeds from sales of assets and insurance claims		—		—		13,834		—		13,834
Change in intercompany balances		—		135,938		(135,938)		—		—
Other		—		—		38		—		38
Net cash provided by (used for) investing activities		—		135,938		(314,933)		—		(178,995)
Cash flows from financing activities:
Increase (decrease) in cash overdrafts		—		—		294		—		294
Proceeds from revolving credit facilities		—		260,000		—		—		260,000
Reduction in revolving credit facilities		—		(260,000)		—		—		(260,000)
Proceeds from (payments for) issuance of common shares		39		—		—		—		39
Repurchase of common shares		—		—		(1,687)		—		(1,687)
Reduction in long-term debt		—		—		(148,045)		—		(148,045)
Dividends to shareholders		(19,903)		—		—		2,981		(16,922)
Proceeds from (payments for) commercial paper, net		—		(1,500)		—		—		(1,500)
Proceeds from (payments for) short-term borrowings		—		—		(6,333)		—		(6,333)
Proceeds from issuance of intercompany debt		24,500		—		(24,500)		—		—
Other		(4,281)		—		1		—		(4,280)
Net cash (used for) provided by financing activities		355		(1,500)		(180,270)		2,981		(178,434)
Effect of exchange rate changes on cash and cash equivalents		—		—		(21)		—		(21)
Net increase (decrease) in cash and cash equivalents		4,725		1		(25,504)		—		(20,778)
Cash and cash equivalents, beginning of period		873		10		253,647		—		254,530
Cash and cash equivalents, end of period	$	5,598	$	11	$	228,143	$	—	$	233,752

Condensed Consolidating Statements Cash Flows


	Six Months Ended June 30, 2015
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Net cash provided by (used for) operating activities	$	40,628	$	(120,729)	$	623,481	$	(25,976)	$	517,404
Cash flows from investing activities:
Purchases of investments		—		—		(8)		—		(8)
Sales and maturities of investments		—		—		745		—		745
Proceeds from sales of assets and insurance claims		—		—		—		—		—
Cash paid for acquisitions of businesses, net		—		—		(57,909)		—		(57,909)
Investments in unconsolidated affiliates		—		—		(445)		—		(445)
Proceeds from merger transaction		5,500		646,078		8,472		—		660,050
Capital expenditures		—		—		(566,672)		—		(566,672)
Proceeds from sale of assets and insurance claims		—		—		24,790		—		24,790
Other		—		—		1,809		—		1,809
Change in intercompany balances		—		45,063		(45,063)		—		—
Net cash provided by (used for) investing activities		5,500		691,141		(634,281)		—		62,360
Cash flows from financing activities:
Increase (decrease) in cash overdrafts		—		—		310		—		310
Proceeds from (payments for) issuance of parent common shares to affiliates		1,198		—		—		—		1,198
Dividends to shareholders		(39,634)		—		—		4,654		(34,980)
Proceeds from (payments for) commercial paper, net		—		(208,467)		—		—		(208,467)
Proceeds from issuance of intercompany debt		27,000		88,058		(115,058)		—		—
Reduction in revolving credit facilities		—		(450,000)		—		—		(450,000)
Proceeds from term loan		—		300,000		—		—		300,000
Payments on term loan		—		(300,000)		—		—		(300,000)
Proceeds from short-term borrowings		—		—		60,169		—		60,169
Paydown of intercompany debt		(27,000)		—		27,000		—		—
Payments on parent (Equity or N/P)		—		—		(21,322)		21,322		—
Other		(7,426)		—		—		—		(7,426)
Net cash (used for) provided by financing activities		(45,862)		(570,409)		(48,901)		25,976		(639,196)
Effect of exchange rate changes on cash and cash equivalents		—		—		(5,042)		—		(5,042)
Net increase (decrease) in cash and cash equivalents		266		3		(64,743)		—		(64,474)
Cash and cash equivalents, beginning of period		1,170		7		499,972		—		501,149
Cash and cash equivalents, end of period	$	1,436	$	10	$	435,229	$	—	$	436,675