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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating activities    
Net income (loss) $ (14.4) $ 16.4
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 26.4 28.2
Amortization of turnaround costs 5.1 4.8
Non-cash interest expense 1.5 1.9
(Gain) loss on debt extinguishment 0.0 (0.4)
Unrealized (gain) loss on derivative instruments (31.6) 2.6
Loss on impairment and disposal of assets 6.0 11.7
Operating lease expense 20.2 20.8
Operating lease payments (20.1) (20.6)
Equity-based compensation (4.5) 2.2
Lower of cost or market inventory adjustment 66.3 (38.9)
Other non-cash activities 2.2 (4.0)
Changes in assets and liabilities:    
Accounts receivable (1.1) (69.8)
Inventories 3.8 31.9
Prepaid expenses and other current assets 1.5 (3.5)
Derivative activity (1.4) (0.1)
Turnaround costs (9.8) (1.7)
Accounts payable (65.3) 37.2
Accrued interest payable 11.2 14.4
Accrued salaries, wages and benefits (8.5) (6.8)
Other taxes payable 1.9 2.9
Other liabilities (9.1) (1.8)
Pension and postretirement benefits obligations (0.2) 0.0
Net cash provided by (used in) operating activities (19.9) 27.4
Investing activities    
Additions to property, plant and equipment (14.9) (9.5)
Payments to Acquire Businesses, Net of Cash Acquired (3.3) 0.0
Proceeds from sale of unconsolidated affiliate 0.0 5.0
Proceeds from sale of business, net 0.0 3.6
Net cash provided by discontinued operations 0.9 2.0
Net cash provided by (used in) investing activities (17.3) 1.1
Net Cash Provided by (Used in) Financing Activities [Abstract]    
Proceeds from borrowings — revolving credit facility 472.5 0.0
Repayments of borrowings — revolving credit facility (325.3) 0.0
Repayments of borrowings — senior notes 0.0 23.2
Payments on finance lease obligations (0.1) (1.0)
Proceeds from inventory financing agreements 245.1 279.2
Payments on inventory financing agreements (269.7) (286.1)
Proceeds from other financing obligations 0.0 0.3
Payments on other financing obligations (0.7) (0.6)
Contributions from Calumet GP, LLC 0.0 0.1
Net cash provided by (used in) in financing activities 121.8 (31.3)
Net increase (decrease) in cash and cash equivalents 84.6 (2.8)
Cash and cash equivalents at beginning of period 19.1 155.7
Cash and cash equivalents at end of period 103.7 152.9
Cash and cash equivalents 103.7 152.9
Supplemental disclosure of non-cash investing activities    
Non-cash property, plant and equipment additions $ 10.8 $ 3.3