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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income $ 298.7 $ 381.4
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 79.7 51.2
Distributions from unconsolidated affiliates 91.7 77.9
Equity in income of unconsolidated affiliates (77.1) (73.0)
Stock-based compensation 16.7 14.4
Deferred income taxes 32.4 20.4
Asset impairments 24.5 4.9
Amortization of operating lease assets 3.5 2.7
Gain on sale of assets (114.0) (274.6)
Other 3.6 2.9
Changes in operating assets and liabilities:    
Income taxes 41.6 154.0
Deferred revenue (15.5) (37.9)
Other assets and liabilities 16.8 56.5
Net cash provided by operating activities 402.6 380.8
Cash flows from investing activities:    
Capital maintenance expenditures (30.2) (23.0)
Capital project expenditures (282.2) (144.1)
Proceeds from sale of assets 195.7 279.0
Other (2.3) (7.3)
Net cash (used in) provided by investing activities (119.0) 104.6
Cash flows from financing activities:    
Proceeds from borrowings under long-term debt obligations 1,223.3 1,200.0
Repayments of borrowings under long-term debt obligations (1,201.4) (3.5)
Payment of dividends (26.7) (25.7)
Repurchase of common stock (0.5) (84.5)
Taxes paid related to net share settlement of stock awards (13.2) (13.2)
Debt issuance costs (12.2) (11.4)
Change in bank overdraft (16.2) (3.0)
Other (0.8) (0.2)
Net cash (used in) provided by financing activities (47.7) 1,058.5
Cash flows from discontinued operations:    
Operating activities of discontinued operations 0.5 0.0
Net increase in cash, cash equivalents and restricted cash 236.4 1,543.9
Cash, cash equivalents and restricted cash, beginning of period 204.7 355.6
Cash, cash equivalents and restricted cash, end of period 441.1 1,899.5
Supplemental disclosures of cash flow information:    
Cash paid for interest 135.4 42.4
Cash paid for income taxes 35.6 15.9
Cash received from income tax refunds 0.8 33.1
Schedule of non-cash operating, investing and financing activities:    
Property and equipment additions included in accounts payable and accrued expenses 51.4 32.5
Debt issuance costs included in accrued expense and other current liabilities 1.4 1.8
Right-of-use assets obtained in exchange for lease obligations in operating leases 1.1 0.9
Right-of-use assets obtained in exchange for lease obligations in finance leases 33.2 0.0
Repurchase of common stock included in accrued expense and other current liabilities $ 0.0 $ 2.0