Note 13 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 September 30, 2017 and December 31, 2016, statements of income (loss) and statements of other comprehensive income (loss) for the three and nine months ended September 30, 2017 and 2016, and statements of cash flows for the nine months ended September 30, 2017 and 2016 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


	September 30, 2017
					Other
	Nabors			Nabors	Subsidiaries
	(Parent/		Delaware		(Non-		Consolidating
	Guarantor)		(Issuer)		Guarantors)		Adjustments		Total
	(In thousands)
	ASSETS
Current assets:
Cash and cash equivalents	$	386	$	47	$	190,123	$	—	$	190,556
Short-term investments		—		—		29,770		—		29,770
Accounts receivable, net		—		—		621,640		—		621,640
Inventory, net		—		—		119,050		—		119,050
Assets held for sale		—		—		37,275		—		37,275
Other current assets		50		27,869		148,711		—		176,630
Total current assets		436		27,916		1,146,569		—		1,174,921
Property, plant and equipment, net		—		—		6,051,606		—		6,051,606
Goodwill		—		—		173,321		—		173,321
Intercompany receivables		134,757		417,432		—		(552,189)		—
Investment in consolidated affiliates		2,789,805		5,411,796		3,875,639		(12,077,240)		—
Deferred tax assets		—		514,579		444,796		(514,579)		444,796
Other long-term assets		—		147		315,937		(72,143)		243,941
Total assets	$	2,924,998	$	6,371,870	$	12,007,868	$	(13,216,151)	$	8,088,585

	LIABILITIES AND EQUITY
Current liabilities:
Current portion of debt	$	—	$	—	$	196	$	—	$	196
Trade accounts payable		426		171		316,717		—		317,314
Accrued liabilities		21,167		21,972		442,208		—		485,347
Income taxes payable		—		—		27,817		—		27,817
Total current liabilities		21,593		22,143		786,938		—		830,674
Long-term debt		—		4,030,758		—		(72,143)		3,958,615
Other long-term liabilities		—		22,870		328,917		—		351,787
Deferred income taxes		—		—		534,867		(514,579)		20,288
Intercompany payable		2,000		—		550,189		(552,189)		—
Total liabilities		23,593		4,075,771		2,200,911		(1,138,911)		5,161,364
Shareholders’ equity		2,901,405		2,296,099		9,781,141		(12,077,240)		2,901,405
Noncontrolling interest		—		—		25,816		—		25,816
Total equity		2,901,405		2,296,099		9,806,957		(12,077,240)		2,927,221
Total liabilities and equity	$	2,924,998	$	6,371,870	$	12,007,868	$	(13,216,151)	$	8,088,585

Condensed Consolidating Balance Sheets


	December 31, 2016
					Other
	Nabors		Nabors		Subsidiaries
	(Parent/		Delaware		(Non-		Consolidating
	Guarantor)		(Issuer)		Guarantors)		Adjustments		Total
	(In thousands)
	ASSETS
Current assets:
Cash and cash equivalents	$	1,148	$	10,177	$	252,768	$	—	$	264,093
Short-term investments		—		—		31,109		—		31,109
Accounts receivable, net		—		—		508,355		—		508,355
Inventory, net		—		—		103,595		—		103,595
Assets held for sale		—		—		76,668		—		76,668
Other current assets		50		22,209		149,760		—		172,019
Total current assets		1,198		32,386		1,122,255		—		1,155,839
Property, plant and equipment, net		—		—		6,267,583		—		6,267,583
Goodwill		—		—		166,917		—		166,917
Intercompany receivables		142,447		—		1,342,942		(1,485,389)		—
Investment in consolidated affiliates		3,170,254		4,830,572		1,083,948		(9,084,774)		—
Deferred tax assets		—		443,049		366,586		(443,049)		366,586
Other long-term assets		—		344		447,962		(218,216)		230,090
Total assets	$	3,313,899	$	5,306,351	$	10,798,193	$	(11,231,428)	$	8,187,015

	LIABILITIES AND EQUITY
Current liabilities:
Current portion of debt	$	—	$	—	$	297	$	—	$	297
Trade accounts payable		205		8		264,365		—		264,578
Accrued liabilities		20,669		65,246		457,333		—		543,248
Income taxes payable		—		—		13,811		—		13,811
Total current liabilities		20,874		65,254		735,806		—		821,934
Long-term debt		—		3,796,550		—		(218,215)		3,578,335
Other long-term liabilities		—		22,659		499,797		—		522,456
Deferred income taxes		—		—		452,544		(443,049)		9,495
Intercompany payable		46,000		1,439,390		—		(1,485,390)		—
Total liabilities		66,874		5,323,853		1,688,147		(2,146,654)		4,932,220
Shareholders’ equity		3,247,025		(17,502)		9,102,276		(9,084,774)		3,247,025
Noncontrolling interest		—		—		7,770		—		7,770
Total equity		3,247,025		(17,502)		9,110,046		(9,084,774)		3,254,795
Total liabilities and equity	$	3,313,899	$	5,306,351	$	10,798,193	$	(11,231,428)	$	8,187,015

Condensed Consolidating Statements of Income (Loss)


	Three Months Ended September 30, 2017
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Revenues and other income:
Operating revenues	$	—	$	—	$	662,103	$	—	$	662,103
Earnings (losses) from unconsolidated affiliates		—		—		4		—		4
Earnings (losses) from consolidated affiliates		(144,837)		(31,085)		(66,846)		242,768		—
Investment income (loss)		1		(1)		3,353		(2,980)		373
Total revenues and other income		(144,836)		(31,086)		598,614		239,788		662,480
Operating income (loss)
Costs and other deductions:
Direct costs		—		—		441,263		—		441,263
General and administrative expenses		3,705		243		61,552		(490)		65,010
Research and engineering		—		—		12,960		—		12,960
Depreciation and amortization		—		31		217,044		—		217,075
Interest expense		—		56,429		(1,822)		—		54,607
Other, net		(9)		60		5,018		490		5,559
Total costs and other deductions		3,696		56,763		736,015		—		796,474
Income (loss) from continuing operations before income taxes		(148,532)		(87,849)		(137,401)		239,788		(133,994)
Income tax expense (benefit)		—		(21,003)		6,294		—		(14,709)
Income (loss) from continuing operations, net of tax		(148,532)		(66,846)		(143,695)		239,788		(119,285)
Income (loss) from discontinued operations, net of tax		—		—		(27,134)		—		(27,134)
Net income (loss)		(148,532)		(66,846)		(170,829)		239,788		(146,419)
Less: Net (income) loss attributable to noncontrolling interest		—		—		(2,113)		—		(2,113)
Net income (loss) attributable to Nabors	$	(148,532)	$	(66,846)	$	(172,942)	$	239,788	$	(148,532)

Condensed Consolidating Statements of Income (Loss)


	Three Months Ended September 30, 2016
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)

Revenues and other income:
Operating revenues	$	—	$	—	$	519,729	$	—	$	519,729
Earnings (losses) from unconsolidated affiliates		—		—		2		—		2
Earnings (losses) from consolidated affiliates		(107,229)		(45,527)		(77,423)		230,179		—
Investment income (loss)		—		—		3,291		(2,981)		310
Intercompany interest income (loss)		(9)		162		—		(153)		—
Total revenues and other income		(107,238)		(45,365)		445,599		227,045		520,041
Costs and other deductions:
Direct costs		—		—		306,436		—		306,436
General and administrative expenses		3,053		182		53,010		(167)		56,078
Research and engineering		—		—		8,476		—		8,476
Depreciation and amortization		—		31		220,682		—		220,713
Interest expense		—		50,595		(3,759)		—		46,836
Other, net		929		(18)		9,314		167		10,392
Intercompany interest expense		(9)		—		162		(153)		—
Total costs and other deductions		3,973		50,790		594,321		(153)		648,931
Income (loss) from continuing operations before income taxes		(111,211)		(96,155)		(148,722)		227,198		(128,890)
Income tax expense (benefit)		—		(18,732)		(12,319)		—		(31,051)
Income (loss) from continuing operations, net of tax		(111,211)		(77,423)		(136,403)		227,198		(97,839)
Income (loss) from discontinued operations, net of tax		—		—		(12,187)		—		(12,187)
Net income (loss)		(111,211)		(77,423)		(148,590)		227,198		(110,026)
Less: Net (income) loss attributable to noncontrolling interest		—		—		(1,185)		—		(1,185)
Net income (loss) attributable to Nabors	$	(111,211)	$	(77,423)	$	(149,775)	$	227,198	$	(111,211)

Condensed Consolidating Statements of Income (Loss)


	Nine Months Ended September 30, 2017
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Revenues and other income:
Operating revenues	$	—	$	—	$	1,856,008	$	—	$	1,856,008
Earnings (losses) from unconsolidated affiliates		—		—		6		—		6
Earnings (losses) from consolidated affiliates		(420,300)		(102,067)		(223,862)		746,229		—
Investment income (loss)		16		63		9,069		(8,940)		208
Total revenues and other income		(420,284)		(102,004)		1,641,221		737,289		1,856,222
Costs and other deductions:
Direct costs		—		—		1,246,428		—		1,246,428
General and administrative expenses		10,362		573		182,173		(994)		192,114
Research and engineering		—		—		36,060		—		36,060
Depreciation and amortization		—		93		628,744		—		628,837
Interest expense		—		173,689		(7,876)		—		165,813
Other, net		(170)		19,033		9,316		994		29,173
Intercompany interest expense		(9)		—		9		—		—
Total costs and other deductions		10,183		193,388		2,094,854		—		2,298,425
Income (loss) from continuing operations before income taxes		(430,467)		(295,392)		(453,633)		737,289		(442,203)
Income tax expense (benefit)		—		(71,530)		11,716		—		(59,814)
Income (loss) from continuing operations, net of tax		(430,467)		(223,862)		(465,349)		737,289		(382,389)
Income (loss) from discontinued operations, net of tax		—		—		(43,077)		—		(43,077)
Net income (loss)		(430,467)		(223,862)		(508,426)		737,289		(425,466)
Less: Net (income) loss attributable to noncontrolling interest		—		—		(5,001)		—		(5,001)
Net income (loss) attributable to Nabors	$	(430,467)	$	(223,862)	$	(513,427)	$	737,289	$	(430,467)

Condensed Consolidating Statements of Income (Loss)


	Nine Months Ended September 30, 2016
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Revenues and other income:
Operating revenues	$	—	$	—	$	1,688,891	$	—	$	1,688,891
Earnings (losses) from unconsolidated affiliates		—		—		(221,918)		—		(221,918)
Earnings (losses) from consolidated affiliates		(685,148)		(168,639)		(264,583)		1,118,370		—
Investment income (loss)		1		132		9,733		(8,943)		923
Intercompany interest income (loss)		—		417		—		(417)		—
Total revenues and other income		(685,147)		(168,090)		1,212,123		1,109,010		1,467,896
Costs and other deductions:
Direct costs		—		—		1,012,738		—		1,012,738
General and administrative expenses		7,767		448		167,302		(481)		175,036
Research and engineering		—		—		24,818		—		24,818
Depreciation and amortization		—		93		655,351		—		655,444
Interest expense		—		152,318		(14,515)		—		137,803
Other, net		1,245		(18)		265,695		481		267,403
Intercompany interest expense		(4)		—		421		(417)		—
Total costs and other deductions		9,008		152,841		2,111,810		(417)		2,273,242
Income (loss) from continuing operations before income taxes		(694,155)		(320,931)		(899,687)		1,109,427		(805,346)
Income tax expense (benefit)		—		(56,348)		(67,950)		—		(124,298)
Income (loss) from continuing operations, net of tax		(694,155)		(264,583)		(831,737)		1,109,427		(681,048)
Income (loss) from discontinued operations, net of tax		—		—		(14,097)		—		(14,097)
Net income (loss)		(694,155)		(264,583)		(845,834)		1,109,427		(695,145)
Less: Net (income) loss attributable to noncontrolling interest		—		—		990		—		990
Net income (loss) attributable to Nabors	$	(694,155)	$	(264,583)	$	(844,844)	$	1,109,427	$	(694,155)

Condensed Consolidating Statements of Comprehensive Income (Loss)


	Three Months Ended September 30, 2017
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Net income (loss) attributable to Nabors	$	(148,532)	$	(66,846)	$	(172,942)	$	239,788	$	(148,532)
Other comprehensive income (loss) before tax:
Translation adjustment attributable to Nabors		16,444		—		16,444		(16,444)		16,444
Unrealized gains (losses) on marketable securities:
Unrealized gains (losses) on marketable securities		(5,706)		—		(5,706)		5,706		(5,706)
Less: reclassification adjustment for (gains) losses included in net income (loss)		—		—		—		—		—
Unrealized gains (losses) on marketable securities		(5,706)		—		(5,706)		5,706		(5,706)
Pension liability amortization and adjustment		50		50		100		(150)		50
Unrealized gains (losses) and amortization on cash flow hedges		153		153		153		(306)		153
Other comprehensive income (loss) before tax		10,941		203		10,991		(11,194)		10,941
Income tax expense (benefit) related to items of other comprehensive income (loss)		78		78		156		(234)		78
Other comprehensive income (loss), net of tax		10,863		125		10,835		(10,960)		10,863
Comprehensive income (loss) attributable to Nabors		(137,669)		(66,721)		(162,107)		228,828		(137,669)
Net income (loss) attributable to noncontrolling interest		—		—		2,113		—		2,113
Translation adjustment attributable to noncontrolling interest		—		—		160		—		160
Comprehensive income (loss) attributable to noncontrolling interest		—		—		2,273		—		2,273
Comprehensive income (loss)	$	(137,669)	$	(66,721)	$	(159,834)	$	228,828	$	(135,396)

Condensed Consolidating Statements of Comprehensive Income (Loss)


	Three Months Ended September 30, 2016
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Net income (loss) attributable to Nabors	$	(111,211)	$	(77,423)	$	(149,775)	$	227,198	$	(111,211)
Other comprehensive income (loss) before tax:
Translation adjustment attributable to Nabors		(8,950)		12		(8,938)		8,926		(8,950)
Unrealized gains (losses) on marketable securities:
Unrealized gains (losses) on marketable securities		1,502		—		2,782		(2,782)		1,502
Less: reclassification adjustment for (gains) losses included in net income (loss)		3,495		—		3,495		(3,495)		3,495
Unrealized gains (losses) on marketable securities		4,997		—		6,277		(6,277)		4,997
Pension liability amortization and adjustment		297		297		594		(891)		297
Unrealized gains (losses) and amortization on cash flow hedges		153		153		153		(306)		153
Other comprehensive income (loss) before tax		(3,503)		462		(1,914)		1,452		(3,503)
Income tax expense (benefit) related to items of other comprehensive income (loss)		172		172		284		(456)		172
Other comprehensive income (loss), net of tax		(3,675)		290		(2,198)		1,908		(3,675)
Comprehensive income (loss) attributable to Nabors		(114,886)		(77,133)		(151,973)		229,106		(114,886)
Net income (loss) attributable to noncontrolling interest		—		—		1,185		—		1,185
Translation adjustment attributable to noncontrolling interest		—		—		(90)		—		(90)
Comprehensive income (loss) attributable to noncontrolling interest		—		—		1,095		—		1,095
Comprehensive income (loss)	$	(114,886)	$	(77,133)	$	(150,878)	$	229,106	$	(113,791)

Condensed Consolidating Statements of Comprehensive Income (Loss)


	Nine Months Ended September 30, 2017
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Net income (loss) attributable to Nabors	$	(430,467)	$	(223,862)	$	(513,427)	$	737,289	$	(430,467)
Other comprehensive income (loss) before tax
Translation adjustment attributable to Nabors		31,183		—		31,183		(31,183)		31,183
Unrealized gains (losses) on marketable securities:
Unrealized gains (losses) on marketable securities		(5,122)		—		(5,122)		5,122		(5,122)
Less: reclassification adjustment for (gains) losses included in net income (loss)		1,341		—		1,341		(1,341)		1,341
Unrealized gains (losses) on marketable securities		(3,781)		—		(3,781)		3,781		(3,781)
Pension liability amortization and adjustment		150		150		300		(450)		150
Unrealized gains (losses) and amortization on cash flow hedges		459		459		459		(918)		459
Other comprehensive income (loss) before tax		28,011		609		28,161		(28,770)		28,011
Income tax expense (benefit) related to items of other comprehensive income (loss)		235		235		470		(705)		235
Other comprehensive income (loss), net of tax		27,776		374		27,691		(28,065)		27,776
Comprehensive income (loss) attributable to Nabors		(402,691)		(223,488)		(485,736)		709,224		(402,691)
Net income (loss) attributable to noncontrolling interest		—		—		5,001		—		5,001
Translation adjustment attributable to noncontrolling interest		—		—		317		—		317
Comprehensive income (loss) attributable to noncontrolling interest		—		—		5,318		—		5,318
Comprehensive income (loss)	$	(402,691)	$	(223,488)	$	(480,418)	$	709,224	$	(397,373)

Condensed Consolidating Statements of Comprehensive Income (Loss)


	Nine Months Ended September 30, 2016
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Net income (loss) attributable to Nabors	$	(694,155)	$	(264,583)	$	(844,844)	$	1,109,427	$	(694,155)
Other comprehensive income (loss) before tax
Translation adjustment attributable to Nabors		27,870		(39)		27,870		(27,831)		27,870
Unrealized gains (losses) on marketable securities:
Unrealized gains (losses) on marketable securities		3,551		—		3,551		(3,551)		3,551
Less: reclassification adjustment for (gains) losses included in net income (loss)		3,495		—		3,495		(3,495)		3,495
Unrealized gains (losses) on marketable securities		7,046		—		7,046		(7,046)		7,046
Pension liability amortization and adjustment		765		765		1,530		(2,295)		765
Unrealized gains (losses) and amortization on cash flow hedges		459		459		459		(918)		459
Other comprehensive income (loss) before tax		36,140		1,185		36,905		(38,090)		36,140
Income tax expense (benefit) related to items of other comprehensive income (loss)		472		472		765		(1,237)		472
Other comprehensive income (loss), net of tax		35,668		713		36,140		(36,853)		35,668
Comprehensive income (loss) attributable to Nabors		(658,487)		(263,870)		(808,704)		1,072,574		(658,487)
Net income (loss) attributable to noncontrolling interest		—		—		(990)		—		(990)
Translation adjustment attributable to noncontrolling interest		—		—		371		—		371
Comprehensive income (loss) attributable to noncontrolling interest		—		—		(619)		—		(619)
Comprehensive income (loss)	$	(658,487)	$	(263,870)	$	(809,323)	$	1,072,574	$	(659,106)

Condensed Consolidating Statements Cash Flows


	Nine Months Ended September 30, 2017
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Net cash provided by (used for) operating activities	$	103,187	$	(199,071)	$	148,714	$	(88,939)	$	(36,109)
Cash flows from investing activities:
Purchases of investments		—		—		(6,722)		—		(6,722)
Sales and maturities of investments		—		—		12,533		—		12,533
Cash paid for acquisitions of businesses, net		—		—		(50,764)		—		(50,764)
Cash paid for investments in consolidated affiliates		(100)		—		(75,960)		76,060		—
Capital expenditures		—		—		(448,864)		—		(448,864)
Proceeds from sales of assets and insurance claims		—		—		32,805		—		32,805
Change in intercompany balances		—		(424,133)		424,133		—		—
Other changes in investing		—		—		(427)		—		(427)
Net cash provided by (used for) investing activities		(100)		(424,133)		(113,266)		76,060		(461,439)
Cash flows from financing activities:
Increase (decrease) in cash overdrafts		—		—		(78)		—		(78)
Proceeds from issuance of long-term debt		—		411,200		—		—		411,200
Debt issuance costs		—		(11,039)		—		—		(11,039)
Proceeds from revolving credit facilities		—		410,000		—		—		410,000
Proceeds from parent contributions		—		37,980		38,080		(76,060)		—
Proceeds from (payments for) issuance of common shares		8,300		—		—		—		8,300
Purchase of capped call hedge transactions		—		(40,250)		—		—		(40,250)
Reduction of long-term debt		—		(270,269)		(112,546)		—		(382,815)
Dividends to shareholders		(60,285)		—		—		8,939		(51,346)
Proceeds from (payment for) commercial paper, net		—		78,000		—		—		78,000
Payments on term loan		—		(162,500)		—		—		(162,500)
Proceeds from (payments for) short-term borrowings		—		—		(528)		—		(528)
Cash proceeds from equity component of exchangeable debt		—		159,952		—		—		159,952
Proceeds from issuance of intercompany debt		35,000		20,000		(55,000)		—		—
Noncontrolling interest contribution		—		—		20,000		—		20,000
Paydown of intercompany debt		(79,000)		(20,000)		99,000		—		—
Distributions to Non-controlling interest		—		—		(7,272)		—		(7,272)
Distribution from subsidiary to parent		—		—		(80,000)		80,000		—
Other changes		(7,864)		—		—		—		(7,864)
Net cash (used for) provided by financing activities		(103,849)		613,074		(98,344)		12,879		423,760
Effect of exchange rate changes on cash and cash equivalents		—		—		251		—		251
Net increase (decrease) in cash and cash equivalents		(762)		(10,130)		(62,645)		—		(73,537)
Cash and cash equivalents, beginning of period		1,148		10,177		252,768		—		264,093
Cash and cash equivalents, end of period	$	386	$	47	$	190,123	$	—	$	190,556

Condensed Consolidating Statements Cash Flows


	Nine Months Ended September 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	$	18,320	$	(276,655)	$	669,063	$	(5,960)	$	404,768
Cash flows from investing activities:
Purchases of investments		—		—		(24)		—		(24)
Sales and maturities of investments		—		—		643		—		643
Proceeds from sales of assets and insurance claims		—		—		26,597		—		26,597
Cash paid for investments in consolidated affiliates		—		(86,459)		(159,000)		245,459		—
Capital expenditures		—		—		(284,950)		—		(284,950)
Change in intercompany balances		—		239,112		(239,112)		—		—
Other		—		—		(19)		—		(19)
Net cash provided by (used for) investing activities		—		152,653		(655,865)		245,459		(257,753)
Cash flows from financing activities:
Increase (decrease) in cash overdrafts		—		—		5		—		5
Proceeds from (payments for) issuance of common shares		562		—		—		—		562
Reduction in long-term debt		—		(350,000)		(142,625)		—		(492,625)
Dividends to shareholders		(39,887)		—		—		5,960		(33,927)
Proceeds from (payments for) commercial paper, net		—		15,000		—		—		15,000
Proceeds from issuance of intercompany debt		25,500		—		(25,500)		—		—
Proceeds from revolving credit facilities		—		560,000		—		—		560,000
Reduction in revolving credit facilities		—		(260,000)		—		—		(260,000)
Repurchase of common shares		—		—		(1,687)		—		(1,687)
Proceeds from (payments for) short-term borrowings		—		—		(6,388)		—		(6,388)
Proceeds from parent contributions		—		159,000		86,459		(245,459)		—
Other changes		(4,313)		—		—		—		(4,313)
Net cash (used for) provided by financing activities		(18,138)		124,000		(89,736)		(239,499)		(223,373)
Effect of exchange rate changes on cash and cash equivalents		—		—		(1,129)		—		(1,129)
Net increase (decrease) in cash and cash equivalents		182		(2)		(77,667)		—		(77,487)
Cash and cash equivalents, beginning of period		873		10		253,647		—		254,530
Cash and cash equivalents, end of period	$	1,055	$	8	$	175,980	$	—	$	177,043