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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating activities:    
Consolidated net income $ 604.3 $ 517.9
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 1,117.4 1,094.9
Deferred income tax benefit (114.4) (53.6)
Share-based compensation expense 74.3 74.4
401(k) match and company contribution in common stock 2.5 112.8
Pension and other postretirement funding more than expense (income) (101.8) (82.6)
Cash surrender value increase in excess of premiums paid (2.5) (48.8)
Gain on sale of sawmill   (16.5)
Gain on sale of investment   (16.0)
Other impairment adjustments 314.3 22.6
Mineral rights impairment 26.0  
(Gain) loss on disposal of plant and equipment and other, net (12.3) 3.8
Other, net (66.4) (25.1)
Change in operating assets and liabilities, net of acquisitions and divestitures:    
Accounts receivable (260.0) (333.4)
Inventories (263.9) (130.8)
Other assets (178.4) (149.7)
Accounts payable 120.0 197.2
Income taxes 129.4 70.0
Accrued liabilities and other 91.6 365.3
Net cash provided by operating activities 1,480.1 1,602.4
Investing activities:    
Capital expenditures (569.5) (505.4)
Cash paid for purchase of businesses, net of cash received (7.0)  
Proceeds from corporate owned life insurance 29.8 26.6
Proceeds from sale of sawmill   58.5
Proceeds from sale of investment   29.5
Proceeds from sale of property, plant and equipment 25.6 4.3
Proceeds from property, plant and equipment insurance settlement 1.7 1.7
Other, net 5.2 (0.7)
Net cash used for investing activities (514.2) (385.5)
Financing activities:    
Additions to revolving credit facilities   435.0
Repayments of revolving credit facilities (100.0) (355.0)
Additions to debt 496.3 258.1
Repayments of debt (781.5) (1,131.5)
Changes in commercial paper, net 182.8  
Other debt additions, net 7.1 16.3
Issuances of common stock, net of related tax withholdings 1.7 14.7
Purchases of common stock (600.0)  
Cash dividends paid to stockholders (195.9) (169.8)
Other, net 23.7 (9.1)
Net cash used for financing activities (965.8) (941.3)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 14.4 23.1
Increase in cash, cash equivalents and restricted cash 14.5 298.7
Cash, cash equivalents and restricted cash at beginning of period 290.9 251.1
Cash, cash equivalents and restricted cash at end of period $ 305.4 $ 549.8