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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating Activities:    
Net income (loss) attributable to OUTFRONT Media Inc. $ (51.8) $ 56.4
Adjustments to reconcile net income to net cash flow provided by operating activities:    
Net income (loss) attributable to non-controlling interests 0.1 0.0
Depreciation and amortization 90.2 94.8
Deferred tax (benefit) provision (5.2) 3.4
Stock-based compensation 11.9 10.8
Provision for doubtful accounts 11.3 3.4
Accretion expense 1.3 1.3
Net gain on dispositions (5.3) (1.1)
Equity in earnings of investee companies, net of tax (0.1) (2.5)
Distributions from investee companies 1.9 1.6
Amortization of deferred financing costs and debt discount and premium 3.0 3.0
Cash paid for direct lease acquisition costs (23.6) (24.0)
Change in assets and liabilities, net of investing and financing activities:    
(Increase) decrease in receivables 77.9 (15.5)
Increase in prepaid MTA equipment deployment costs (28.3) (46.2)
Increase in prepaid expenses and other current assets (2.2) (2.2)
Decrease in accounts payable and accrued expenses (53.8) (7.0)
Increase in operating lease assets and liabilities 8.3 7.7
Increase in deferred revenues 9.3 1.1
Decrease in income taxes (0.1) (3.5)
Other, net 5.9 2.0
Net cash flow provided by (used for) operating activities 50.7 83.5
Investing Activities:    
Capital expenditures (31.9) (39.6)
Acquisitions (13.6) (34.4)
MTA franchise rights (7.3) (10.7)
Net proceeds from dispositions 2.7 2.2
Return of investment in investee companies 0.8 0.0
Net cash flow provided by (used for) investing activities (49.3) (82.5)
Financing Activities:    
Proceeds from long-term debt borrowings 895.0 705.0
Repayments of long-term debt borrowings (495.0) (55.0)
Proceeds from borrowings under short-term debt facilities 15.0 30.0
Repayments of borrowings under short-term debt facilities (130.0) (190.0)
Payments of deferred financing costs (7.5) (8.6)
Proceeds from Series A Preferred Stock issuances 383.9 0.0
Proceeds from shares issued under the ATM Program 0.0 50.9
Taxes withheld for stock-based compensation (12.0) (7.7)
Dividends (61.1) (103.9)
Net cash flow provided by (used for) financing activities 588.3 420.7
Effect of exchange rate changes on cash, cash equivalents and restricted cash (1.0) 0.4
Net increase in cash, cash equivalents and restricted cash 588.7 422.1
Cash, cash equivalents and restricted cash, beginning of period 60.9 54.1
Cash, cash equivalents and restricted cash, end of period 649.6 476.2
Supplemental disclosure of cash flow Information:    
Cash paid for income taxes 2.1 5.3
Cash paid for interest 60.1 64.3
Non-cash investing and financing activities:    
Accrued purchases of property and equipment 7.1 11.4
Accrued MTA franchise rights 2.7 3.3
Taxes withheld for stock-based compensation $ 0.1 $ 0.0