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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating Activities      
Net income $ 470.6 $ 502.5 $ 556.8
Adjustments to reconcile net income to net cash provided (required) by operating activities      
Depreciation and amortization 276.8 248.0 228.7
Impairment of properties 5.3 8.2 0.0
Deferred and noncurrent income tax charges (benefits) 45.1 14.0 2.0
Restructuring expense, net of cash paid 5.6 0.0 0.0
Accretion of asset retirement obligations 3.4 3.2 3.0
Amortization of discount on marketable securities 0.0 (0.2) (0.4)
(Gains) losses from sale of assets 2.8 4.5 0.8
Net (increases) decrease in noncash operating working capital (33.1) 32.8 (42.1)
Other operating activities - net 37.4 34.6 35.2
Net cash provided (required) by operating activities 813.9 847.6 784.0
Investing Activities      
Property additions (439.6) (458.1) (335.6)
Proceeds from sale of assets 2.4 2.0 2.4
Investment in marketable securities 0.0 0.0 (12.8)
Redemptions of marketable securities 0.0 11.5 24.0
Other investing activities - net 1.2 (1.2) (1.6)
Net cash provided (required) by investing activities (436.0) (445.8) (323.6)
Financing Activities      
Purchase of treasury stock (649.9) (445.7) (333.2)
Dividends paid (41.5) (36.8) (33.4)
Borrowings of debt 2,982.3 707.0 8.0
Repayments of debt (2,654.4) (666.7) (23.4)
Debt issuance costs (9.0) 0.0 0.0
Amounts related to share-based compensation (23.5) (30.4) (21.1)
Net cash provided (required) by financing activities (396.0) (472.6) (403.1)
Net increase (decrease) in cash, cash equivalents and restricted cash (18.1) (70.8) 57.3
Cash, cash equivalents and restricted cash at January 1 47.0 117.8 60.5
Cash, cash equivalents and restricted cash at December 31 $ 28.9 $ 47.0 $ 117.8