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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities    
Net income (loss) $ (24.7) $ 38.9
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Amortization in interest expense 2.6 2.7
Compensation on equity grants 16.5 13.2
Depreciation and amortization expense 237.4 198.1
Accretion of asset retirement obligations 1.0 0.9
Increase (decrease) in redemption value of mandatorily redeemable preferred interests   (72.5)
Deferred income tax expense (benefit) (2.9) 8.9
Equity (earnings) loss of unconsolidated affiliates (2.8) (1.5)
Distributions of earnings received from unconsolidated affiliates 4.8 4.2
Risk management activities 7.2 10.9
(Gain) loss on sale or disposition of assets 3.2 (0.1)
(Gain) loss from financing activities 1.4  
Change in contingent considerations 9.7 56.1
Changes in operating assets and liabilities, net of business acquisitions:    
Receivables and other assets 78.2 123.7
Inventories (60.6) 110.2
Accounts payable and other liabilities 36.6 (139.3)
Net cash provided by operating activities 307.6 354.4
Cash flows from investing activities    
Outlays for property, plant and equipment (943.3) (595.9)
Proceeds from sale of assets 0.5  
Investments in unconsolidated affiliates (117.4) (88.0)
Return of capital from unconsolidated affiliates   1.5
Other, net (9.0) 5.1
Net cash used in investing activities (1,069.2) (677.3)
Debt obligations:    
Proceeds from borrowings under credit facilities 765.0 640.0
Repayments of credit facilities (795.0) (280.0)
Proceeds from borrowings under accounts receivable securitization facility 378.0  
Repayments of accounts receivable securitization facility (350.4) (50.0)
Proceeds from issuance of senior notes 1,500.0  
Redemption of senior notes (749.4)  
Principal payments of finance leases (2.7)  
Proceeds from issuance of common stock   58.1
Costs incurred in connection with financing arrangements (12.8) (0.4)
Repurchase of shares and units under compensation plans (9.6) (0.4)
Contributions from noncontrolling interests 196.8 280.1
Distributions to noncontrolling interests (18.6) (16.5)
Distributions to Partnership unitholders (2.8) (2.8)
Dividends paid to common and Series A preferred shareholders (244.1) (222.6)
Net cash provided by financing activities 654.4 405.5
Net change in cash and cash equivalents (107.2) 82.6
Cash and cash equivalents, beginning of period 232.1 137.2
Cash and cash equivalents, end of period $ 124.9 $ 219.8