27. Supplemental Condensed Consolidating Financial Information

Certain 100 percent owned subsidiaries of the Company serve as guarantors of the obligations under the Credit Agreement and $44.6 million of Notes (“Guarantor Subsidiaries”). These guarantees are full and unconditional (subject, in the case of the Guarantor Subsidiaries, to customary release provisions as described below) and joint and several. For purposes of the following footnote, SunCoke Energy, Inc. is referred to as “Issuer.” The indenture dated July 26, 2011 among the Company, the guarantors party thereto and The Bank of New York Mellon Trust Company, N.A., governs subsidiaries designated as “Guarantor Subsidiaries.” All other consolidated subsidiaries of the Company are collectively referred to as “Non-Guarantor Subsidiaries.”

The ability of the Partnership and Indiana Harbor to pay dividends and make loans to the Company is restricted under the partnership agreements of the Partnership and Indiana Harbor, respectively. The credit agreement governing the Partnership’s credit facility and the indenture governing the Partnership Notes contain customary provisions which would potentially restrict the Partnership’s ability to make distributions or loans to the Company under certain circumstances. For the year ended December 31, 2015, less than 25 percent of net assets were restricted.

In connection with the Granite City Dropdown, the Company entered into an amendment to our Credit Agreement. In conjunction with the amendment, we designated Gateway Energy & Coke Company, LLC and Gateway Cogeneration Company, LLC as unrestricted subsidiaries. Additionally, in 2015, the Company's Board of Directors designated certain coal mining entities as unrestricted subsidiaries. As such, all the subsidiaries described above are presented as "Non-Guarantor Subsidiaries." Prior periods have been restated to reflect this change.

The guarantee of a Guarantor Subsidiary will terminate upon:


•	a sale or other disposition of the Guarantor Subsidiary or of all or substantially all of its assets;


•	a sale of the majority of the Capital Stock of a Guarantor Subsidiary to a third-party, after which the Guarantor Subsidiary is no longer a "Restricted Subsidiary" in accordance with the indenture governing the Notes;


•	the liquidation or dissolution of a Guarantor Subsidiary so long as no "Default" or "Event of Default," as defined under the indenture governing the Notes, has occurred as a result thereof;


•	the designation of a Guarantor Subsidiary as an "unrestricted subsidiary" in accordance with the indenture governing the Notes


•	the requirements for defeasance or discharge of the indentures governing the Notes having been satisfied;


•	the release, other than the discharge through payments by a Guarantor Subsidiary, from its guarantee under the Credit Agreement or other indebtedness that resulted in the obligation of the Guarantor Subsidiary under the indenture governing the Notes.

The following supplemental condensed combining and consolidating financial information reflects the Issuer’s separate accounts, the combined accounts of the Guarantor Subsidiaries, the combined accounts of the Non-Guarantor Subsidiaries, the combining and consolidating adjustments and eliminations and the Issuer’s consolidated accounts for the dates and periods indicated. For purposes of the following condensed combining and consolidating information, the Issuer’s investments in its subsidiaries and the Guarantor and Non-Guarantor Subsidiaries’ investments in its subsidiaries are accounted for under the equity method of accounting.

SunCoke Energy, Inc.

Condensed Consolidating Statement of Operations

Years Ended December 31, 2015

(Dollars in millions)



	Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Combining and Consolidating Adjustments			Total
Revenues
Sales and other operating revenue	$	—		$	196.8		$	1,154.5		$	—		$	1,351.3
Equity in (loss) earnings of subsidiaries	(8.4		)	34.4			—			(26.0		)	—
Other income (loss), net	—			0.4			11.0			—			11.4
Total revenues	(8.4		)	231.6			1,165.5			(26.0		)	1,362.7
Costs and operating expenses
Cost of products sold and operating expenses	—			150.2			948.2			—			1,098.4
Selling, general and administrative expenses	9.5			30.7			35.2			—			75.4
Depreciation and amortization expenses	—			10.4			98.7			—			109.1
Total costs and operating expenses	9.5			191.3			1,082.1						1,282.9
Operating (loss) income	(17.9		)	40.3			83.4			(26.0		)	79.8
Interest (income) expense, net - affiliate	—			(7.3		)	7.3			—			—
Interest expense (income), net	9.5			(0.6		)	47.8			—			56.7
Total interest expense (income), net	9.5			(7.9		)	55.1			—			56.7
(Loss) income before income tax expense and loss from equity method investment	(27.4		)	48.2			28.3			(26.0		)	23.1
Income tax (benefit) expense	(5.4		)	29.6			(33.0		)	—			(8.8		)
Loss from equity method investment	—			—			21.6			—			21.6
Net (loss) income	(22.0		)	18.6			39.7			(26.0		)	10.3
Less: Net income attributable to noncontrolling interests	—			—			32.3			—			32.3
Net (loss) income attributable to SunCoke Energy, Inc.	$	(22.0	)	$	18.6		$	7.4		$	(26.0	)	$	(22.0	)
Comprehensive (loss) income	$	(20.3	)	$	18.4		$	41.6		$	(27.7	)	$	12.0
Less: Comprehensive income attributable to noncontrolling interests	—			—			32.3			—			32.3
Comprehensive (loss) income attributable to SunCoke Energy, Inc.	$	(20.3	)	$	18.4		$	9.3		$	(27.7	)	$	(20.3	)

SunCoke Energy, Inc.

Condensed Consolidating Statement of Income

Years Ended December 31, 2014

(Dollars in millions)



	Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Combining and Consolidating Adjustments		Total
Revenues
Sales and other operating revenue	$	—		$	210.0		$	1,280.7		$	—	$	1,490.7
Equity in (loss) earnings of subsidiaries	(101.3		)	(57.4		)	—			158.7		—
Other (loss) income, net	(0.2		)	1.6			11.7			—		13.1
Total revenues	(101.5		)	154.2			1,292.4			158.7		1,503.8
Costs and operating expenses
Cost of products sold and operating expenses	—			156.0			1,056.9			—		1,212.9
Selling, general and administrative expenses	13.5			28.3			54.9			—		96.7
Depreciation and amortization expenses	—			8.4			97.9			—		106.3
Asset and goodwill impairment	—			—			150.3			—		150.3
Total costs and operating expenses	13.5			192.7			1,360.0			—		1,566.2
Operating (loss) income	(115.0		)	(38.5		)	(67.6		)	158.7		(62.4		)
Interest (income) expense, net - affiliate	—			(7.3		)	7.3			—		—
Interest expense (income), net	26.3			(1.8		)	38.7			—		63.2
Total interest expense (income), net	26.3			(9.1		)	46.0			—		63.2
(Loss) income before income tax expense and loss from equity method investment	(141.3		)	(29.4		)	(113.6		)	158.7		(125.6		)
Income tax (benefit) expense	(15.2		)	29.5			(73.1		)	—		(58.8		)
Loss from equity method investment	—			—			35.0			—		35.0
Net (loss) income	(126.1		)	(58.9		)	(75.5		)	158.7		(101.8		)
Less: Net income attributable to noncontrolling interests	—			—			24.3			—		24.3
Net (loss) income attributable to SunCoke Energy, Inc.	$	(126.1	)	$	(58.9	)	$	(99.8	)	$	158.7	$	(126.1	)
Comprehensive (loss) income	$	(133.5	)	$	(61.1	)	$	(80.7	)	$	166.1	$	(109.2	)
Less: Comprehensive income attributable to noncontrolling interests	—			—			24.3			—		24.3
Comprehensive (loss) income attributable to SunCoke Energy, Inc.	$	(133.5	)	$	(61.1	)	$	(105.0	)	$	166.1	$	(133.5	)

SunCoke Energy, Inc.

Condensed Consolidating Statement of Income

Years Ended December 31, 2013

(Dollars in millions)



	Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Combining and Consolidating Adjustments			Total
Revenues
Sales and other operating revenue	$	—		$	236.0		$	1,397.5		$	—		$	1,633.5
Equity in earnings (loss) of subsidiaries	56.2			84.3			—			(140.5		)	—
Other income (loss), net	—			3.7			10.5			—			14.2
Total revenues	56.2			324.0			1,408.0			(140.5		)	1,647.7
Costs and operating expenses
Cost of products sold and operating expenses	—			179.3			1,168.7			—			1,348.0
Selling, general and administrative expenses	12.2			34.9			45.3			—			92.4
Depreciation and amortization expenses	—			7.5			88.5			—			96.0
Total costs and operating expenses	12.2			221.7			1,302.5			—			1,536.4
Operating income (loss)	44.0			102.3			105.5			(140.5		)	111.3
Interest (income) expense, net - affiliate	—			(7.3		)	7.3			—			—
Interest expense (income), net	37.8			(0.7		)	15.2			—			52.3
Total interest expense (income), net	37.8			(8.0		)	22.5			—			52.3
Income (loss) before income tax expense and loss from equity method investment	6.2			110.3			83.0			(140.5		)	59.0
Income tax (benefit) expense	(18.8		)	45.8			(20.3		)	—			6.7
Loss from equity method investment	—			—			2.2			—			2.2
Net income (loss)	25.0			64.5			101.1			(140.5		)	50.1
Less: Net income attributable to noncontrolling interests	—			—			25.1			—			25.1
Net income (loss) attributable to SunCoke Energy, Inc.	$	25.0		$	64.5		$	76.0		$	(140.5	)	$	25.0
Comprehensive income (loss)	$	18.8		$	64.2		$	95.2		$	(134.3	)	$	43.9
Less: Comprehensive income (loss) attributable to noncontrolling interests	—			—			25.1			—			25.1
Comprehensive income (loss) attributable to SunCoke Energy, Inc.	$	18.8		$	64.2		$	70.1		$	(134.3	)	$	18.8

SunCoke Energy, Inc.

Condensed Consolidating Balance Sheet

December 31, 2015

(Dollars in millions, except per share amounts)



	Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Combining and Consolidating Adjustments			Total
Assets
Cash and cash equivalents	$	—		$	70.6		$	52.8		$	—		$	123.4
Receivables	—			7.9			57.3			—			65.2
Inventories	—			5.3			116.8			—			122.1
Income tax receivable	10.9			—			60.0			(59.3		)	11.6
Other current assets	0.1			2.4			1.3			—			3.8
Advances to affiliates	—			250.9			—			(250.9		)	—
Total current assets	11.0			337.1			288.2			(310.2		)	326.1
Notes receivable from affiliate	—			89.0			300.0			(389.0		)	—
Restricted cash	—			—			18.2			—			18.2
Investment in Brazilian cokemaking operations	—			—			41.0			—			41.0
Properties, plants and equipment, net	—			68.2			1,525.2			—			1,593.4
Goodwill	—			3.4			67.7			—			71.1
Other intangibles assets, net	—			2.9			187.3			—			190.2
Deferred charges and other assets	0.2			12.5			2.8			—			15.5
Investment in subsidiaries	522.1			649.3			—			(1,171.4		)	—
Total assets	$	533.3		$	1,162.4		$	2,430.4		$	(1,870.6	)	$	2,255.5
Liabilities and Equity
Advances from affiliate	$	105.2		$	—		$	145.7		$	(250.9	)	$	—
Accounts payable	—			10.4			89.5			—			99.9
Accrued liabilities	0.1			16.4			29.3			—			45.8
Current portion of long-term debt	—			—			1.1			—			1.1
Interest payable	1.5			—			17.4			—			18.9
Income taxes payable	—			59.3			—			(59.3		)	—
Total current liabilities	106.8			86.1			283.0			(310.2		)	165.7
Long term-debt	103.2			—			894.5			—			997.7
Payable to affiliate	—			300.0			89.0			(389.0		)	—
Accrual for black lung benefits	—			12.6			32.1			—			44.7
Retirement benefit liabilities	—			14.9			16.4			—			31.3
Deferred income taxes	32.3			362.4			(45.7		)	—			349.0
Asset retirement obligations	—			—			22.2			—			22.2
Other deferred credits and liabilities	1.1			7.0			14.0			—			22.1
Total liabilities	243.4			783.0			1,305.5			(699.2		)	1,632.7
Equity
Common stock, $0.01 par value. Authorized 300,000,000 shares; issued 71,489,448 shares at December 31, 2015	0.7			—			—			—			0.7
Treasury Stock, 7,477,657 shares at December 31, 2015	(140.7		)	—			—						(140.7		)
Additional paid-in capital	486.1			62.0			664.7			(726.7		)	486.1
Accumulated other comprehensive loss	(19.8		)	(1.3		)	(18.5		)	19.8			(19.8		)
Retained (deficit) earnings	(36.4		)	318.7			145.8			(464.5		)	(36.4		)
Total SunCoke Energy, Inc. stockholders’ equity	289.9			379.4			792.0			(1,171.4		)	289.9
Noncontrolling interests	—			—			332.9			—			332.9
Total equity	289.9			379.4			1,124.9			(1,171.4		)	622.8
Total liabilities and equity	$	533.3		$	1,162.4		$	2,430.4		$	(1,870.6	)	$	2,255.5

SunCoke Energy, Inc.

Condensed Consolidating Balance Sheet

December 31, 2014

(Dollars in millions, except per share amounts)



	Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Combining and Consolidating Adjustments			Total
Assets
Cash and cash equivalents	$	—		$	102.3		$	36.7		$	—		$	139.0
Receivables	0.1			17.4			60.7			—			78.2
Inventories	—			4.0			138.2			—			142.2
Income taxes receivable	28.0			—			14.1			(36.1		)	6.0
Other current assets	—			2.7			0.9			—			3.6
Advances to affiliate	—			117.0			—			(117.0		)	—
Total current assets	28.1			243.4			250.6			(153.1		)	369.0
Notes receivable from affiliate	—			89.0			300.0			(389.0		)	—
Restricted Cash	—			—			0.5			—			0.5
Investment in Brazilian cokemaking operations	—			—			41.0			—			41.0
Equity method investment in VISA SunCoke Limited	—			—			22.3			—			22.3
Properties, plants and equipment, net	—			65.3			1,414.7			—			1,480.0
Goodwill	—			3.4			8.2			—			11.6
Other intangible assets, net	—			3.5			6.9			—			10.4
Deferred charges and other assets	0.2			9.9			14.8			—			24.9
Investment in subsidiaries	718.2			760.1			—			(1,478.3		)	—
Total assets	$	746.5		$	1,174.6		$	2,059.0		$	(2,020.4	)	$	1,959.7
Liabilities and Equity
Advances from affiliate	$	73.4		$	—		$	43.6		$	(117.0	)	$	—
Accounts payable	—			12.8			108.5			—			121.3
Accrued liabilities	0.1			17.6			53.6			—			71.3
Interest payable	7.6			—			12.3			—			19.9
Income taxes payable	—			36.1			—			(36.1		)	—
Total current liabilities	81.1			66.5			218.0			(153.1		)	212.5
Long-term debt	234.5			—			399.0			—			633.5
Payable to affiliate	—			300.0			89.0			(389.0		)	—
Accrual for black lung benefits	—			9.9			30.2			—			40.1
Retirement benefit liabilities	—			16.3			17.3			—			33.6
Deferred income taxes	(2.6		)	269.4			28.7			—			295.5
Asset retirement obligations	—			0.1			22.1			—			22.2
Other deferred credits and liabilities	1.8			6.9			8.2			—			16.9
Total liabilities	314.8			669.1			812.5			(542.1		)	1,254.3
Equity
Common stock, $0.01 par value. Authorized 300,000,000 shares; issued 71,251,529 shares at December 31, 2014	0.7			—			—			—			0.7
Treasury stock, 4,977,115 shares at December 31, 2014	(105.0		)	—			—			—			(105.0		)
Additional paid-in capital	543.6			206.5			854.8			(1,061.3		)	543.6
Accumulated other comprehensive income	(21.5		)	(1.1		)	(20.4		)	21.5			(21.5		)
Retained earnings	13.9			300.1			138.4			(438.5		)	13.9
Total SunCoke Energy, Inc. stockholders’ equity	431.7			505.5			972.8			(1,478.3		)	431.7
Noncontrolling interests	—			—			273.7			—			273.7
Total equity	431.7			505.5			1,246.5			(1,478.3		)	705.4
Total liabilities and equity	$	746.5		$	1,174.6		$	2,059.0		$	(2,020.4	)	$	1,959.7

SunCoke Energy, Inc.

Condensed Consolidating Statement of Cash Flows

Years Ended December 31, 2015

(Dollars in millions)



	Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Combining and Consolidating Adjustments			Total
Cash Flows from Operating Activities:
Net (loss) income	$	(22.0	)	$	18.6		$	39.7		$	(26.0	)	$	10.3
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Loss from equity method investment	—			—			21.6			—			21.6
Depreciation and amortization expense	—			10.4			98.7			—			109.1
Deferred income tax (benefit) expense	(20.7		)	14.9			0.2			—			(5.6		)
Settlement loss and payments in excess of expense for pension plan	—			—			13.1			—			13.1
Gain on curtailment and payments in excess of expense for postretirement plan benefits	—			(1.6		)	(6.4		)	—			(8.0		)
Share-based compensation expense	7.2			—			—			—			7.2
Equity in loss (earnings) of subsidiaries	8.4			(34.4		)	—			26.0			—
Loss on extinguishment of debt	1.2			—			(0.7		)	—			0.5
Changes in working capital pertaining to continuing operating activities (net of acquisitions):
Receivables	0.1			9.4			9.3			—			18.8
Inventories	—			(1.3		)	24.5			—			23.2
Accounts payable	—			(3.2		)	(14.7		)	—			(17.9		)
Accrued liabilities	(0.2		)	(2.3		)	(26.2		)	—			(28.7		)
Interest payable	(6.1		)	—			5.1			—			(1.0		)
Income taxes	17.1			23.2			(45.9		)	—			(5.6		)
Accrual for black lung benefits	—			3.8			2.2						6.0
Other	(0.9		)	(2.3		)	1.3			—			(1.9		)
Net cash provided by operating activities	(15.9		)	35.2			121.8			—			141.1
Cash Flows from Investing Activities:
Capital expenditures	—			(11.8		)	(64.0		)	—			(75.8		)
Acquisition of businesses, net of cash acquired	—			—			(191.7		)	—			(191.7		)
Restricted Cash	—			—			(17.7		)	—			(17.7		)
Net cash used in investing activities	—			(11.8		)	(273.4		)	—			(285.2		)
Cash Flows from Financing Activities:
Proceeds from issuance of long-term debt	—			—			260.8			—			260.8
Repayment of long-term debt	(16.8		)	—			(231.3		)	—			(248.1		)
Debt issuance costs	(0.4		)	—			(5.3		)	—			(5.7		)
Proceeds from revolving facility	60.4			—			232.0			—			292.4
Repayment of revolving facility	—			—			(50.0		)	—			(50.0		)
Dividends paid	(28.0		)	—			—			—			(28.0		)
Cash distributions to noncontrolling interests	—			—			(43.3		)	—			(43.3		)
Shares repurchased	(35.7		)	—			—			—			(35.7		)
SunCoke Energy Partners, L.P. units repurchased	—			—			(12.8		)	—			(12.8		)
Proceeds from exercise of stock options, net of shares withheld for taxes	(1.1		)	—			—			—			(1.1		)
Net increase (decrease) in advances from affiliate	37.5			(55.1		)	17.6			—			—
Net cash provided by (used in) financing activities	15.9			(55.1		)	167.7			—			128.5
Net (decrease) increase in cash and cash equivalents	—			(31.7		)	16.1			—			(15.6		)
Cash and cash equivalents at beginning of year	—			102.3			36.7			—			139.0
Cash and cash equivalents at end of year	$	—		$	70.6		$	52.8		$	—		$	123.4

SunCoke Energy, Inc.

Condensed Consolidating Statement of Cash Flows

Years Ended December 31, 2014

(Dollars in millions)



	Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Combining and Consolidating Adjustments			Total
Cash Flows from Operating Activities:
Net (loss) income	$	(126.1	)	$	(58.9	)	$	(75.5	)	$	158.7		$	(101.8	)
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Asset and goodwill impairment	—			—			150.3			—			150.3
Loss from equity method investment	—			—			35.0			—			35.0
Depreciation and amortization expense	—			8.4			97.9			—			106.3
Deferred income tax expense (benefit)	6.8			(7.9		)	(63.3		)	—			(64.4		)
Payments in excess of expense for pension plan	—			—			(7.5		)	—			(7.5		)
Payments in excess of expense for postretirement plan benefits	—			—			(0.6		)	—			(0.6		)
Share-based compensation expense	9.8			—			—			—			9.8
Equity in loss (earnings) of subsidiaries	101.3			57.4			—			(158.7		)	—
Excess tax benefit from share-based awards	(0.4		)	0.1			—			—			(0.3		)
Loss on extinguishment of debt	—			—			15.4			—			15.4
Changes in working capital pertaining to operating activities (net of acquisitions):
Receivables	(0.1		)	23.7			(10.3		)	—			13.3
Inventories	—			2.3			(14.9		)	—			(12.6		)
Accounts payable	—			0.4			(33.4		)	—			(33.0		)
Accrued liabilities	(0.4		)	(4.7		)	(2.9		)	—			(8.0		)
Interest payable	(6.0		)	7.3			0.4			—			1.7
Income taxes	12.3			(20.5		)	9.2			—			1.0
Accrual for black lung benefits	—			3.6			7.9						11.5
Other	6.0			(8.2		)	(1.6		)	—			(3.8		)
Net cash provided by operating activities	3.2			3.0			106.1			—			112.3
Cash Flows from Investing Activities:
Capital expenditures	—			(5.5		)	(119.7		)	—			(125.2		)
Net cash used in investing activities	—			(5.5		)	(119.7		)	—			(125.2		)
Cash Flows from Financing Activities:
Proceeds from issuance of common units of SunCoke Energy Partners, L.P., net of offering costs	—			—			90.5			—			90.5
Proceeds from issuance of long-term debt	—			—			268.1			—			268.1
Repayment of long-term debt	—			—			(276.5		)	—			(276.5		)
Debt issuance costs	—			—			(5.8		)	—			(5.8		)
Proceeds from revolving facility	—			—			40.0			—			40.0
Repayment of revolving facility	—			—			(80.0		)	—			(80.0		)
Dividends paid	(3.8		)	—			—			—			(3.8		)
Cash distributions to noncontrolling interests	—			—			(32.3		)	—			(32.3		)
Shares repurchased	(85.1		)	—			—			—			(85.1		)
Proceeds from exercise of stock options	2.9			—			—			—			2.9
Excess tax benefit from share-based awards	0.3			—			—			—			0.3
Net increase (decrease) in advances from affiliate	82.5			(79.6		)	(2.9		)	—			—



Net cash (used in) provided by financing activities	(3.2		)	(79.6		)	1.1			—		(81.7		)
Net decrease in cash and cash equivalents	—			(82.1		)	(12.5		)	—		(94.6		)
Cash and cash equivalents at beginning of year	—			184.4			49.2			—		233.6
Cash and cash equivalents at end of year	$	—		$	102.3		$	36.7		$	—	$	139.0

SunCoke Energy, Inc.

Condensed Consolidating Statement of Cash Flows

December 31, 2013

(Dollars in millions)



	Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Combining and Consolidating Adjustments			Total
Cash Flows from Operating Activities:
Net income (loss)	$	25.0		$	64.5		$	101.1		$	(140.5	)	$	50.1
Adjustments to reconcile net income to net cash (used in) provided by continuing operating activities:
Loss from equity method investment	—			—			2.2			—			2.2
Depreciation and amortization expense	—			7.5			88.5			—			96.0
Deferred income tax expense	—			1.6			—			—			1.6
Payments in excess of expense for pension plan	—			—			(0.1		)	—			(0.1		)
Gain on curtailment and payments (in excess) less than expense for postretirement plan benefits	—			—			(5.3		)	—			(5.3		)
Share-based compensation expense	7.6			—			—			—			7.6
Equity in (earnings) loss of subsidiaries	(56.2		)	(84.3		)	—			140.5			—
Changes in working capital pertaining to operating activities (net of acquisitions):
Receivables	—			(24.1		)	6.0			—			(18.1		)
Inventories	—			5.7			23.5			—			29.2
Accounts payable	(0.5		)	(2.6		)	23.1			—			20.0
Accrued liabilities	(0.1		)	3.8			(28.4		)	—			(24.7		)
Interest payable	(2.1		)	(7.3		)	11.9			—			2.5
Income taxes	(23.5		)	41.5			(28.2		)	—			(10.2		)
Accrual for black lung benefits	—			(3.5		)	1.1						(2.4		)
Other	5.5			4.5			(7.1		)	—			2.9
Net cash (used in) provided by operating activities	(44.3		)	7.3			188.3			—			151.3
Cash Flows from Investing Activities:
Capital expenditures	—			(7.9		)	(137.7		)	—			(145.6		)
Acquisition of business	—			—			(113.3		)	—			(113.3		)
Equity method investment in VISA SunCoke Limited	—			—			(67.7		)				(67.7		)
Net cash used in investing activities	—			(7.9		)	(318.7		)	—			(326.6		)
Cash Flows from Financing Activities:
Proceeds from issuance of common units of SunCoke Energy Partners, L.P., net of offering costs	—			—			237.8			—			237.8
Proceeds from issuance of long-term debt	—			—			150.0			—			150.0
Repayment of long-term debt	—			—			(225.0		)	—			(225.0		)
Debt issuance costs	—			—			(6.9		)	—			(6.9		)
Proceeds from revolving facility	—			—			40.0			—			40.0
Cash distributions to noncontrolling interests	—			—			(17.8		)	—			(17.8		)
Shares repurchased	(10.9		)	—			—			—			(10.9		)
Proceeds from exercise of stock options	2.5			—			—			—			2.5
Net increase (decrease) in advances from affiliate	52.7			(21.9		)	(30.8		)	—			—
Net cash provided by (used in) financing activities	44.3			(21.9		)	147.3			—			169.7
Net (decrease) increase in cash and cash equivalents	—			(22.5		)	16.9			—			(5.6		)
Cash and cash equivalents at beginning of year	—			206.9			32.3			—			239.2
Cash and cash equivalents at end of year	$	—		$	184.4		$	49.2		$	—		$	233.6