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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net income $ 290.6 $ 298.7
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 96.1 79.7
Distributions from unconsolidated affiliates 81.7 91.7
Equity in income of unconsolidated affiliates (75.5) (77.1)
Stock-based compensation 16.1 16.7
Deferred income taxes 19.7 32.4
Asset impairments 0.0 24.5
Amortization of operating lease assets 2.7 3.5
Gain on sale of Arlington 0.0 (114.0)
Other 4.8 3.6
Changes in operating assets and liabilities:    
Income taxes 52.9 41.6
Deferred revenue (45.7) (15.5)
Other assets and liabilities 28.3 16.8
Net cash provided by operating activities 471.7 402.6
Cash flows from investing activities:    
Capital maintenance expenditures (34.8) (30.2)
Capital project expenditures (257.2) (282.2)
Proceeds from sale of Arlington 0.0 195.7
Other 1.9 (2.3)
Net cash used in investing activities (290.1) (119.0)
Cash flows from financing activities:    
Proceeds from borrowings under long-term debt obligations 617.4 1,223.3
Repayments of borrowings under long-term debt obligations (598.3) (1,201.4)
Payment of dividends (28.8) (26.7)
Repurchase of common stock (154.7) (0.5)
Taxes paid related to net share settlement of stock awards (10.5) (13.2)
Debt issuance costs 0.0 (12.2)
Change in bank overdraft 2.6 (16.2)
Other (1.2) (0.8)
Net cash used in financing activities (173.5) (47.7)
Cash flows from discontinued operations:    
Operating activities of discontinued operations 1.0 0.5
Net increase in cash, cash equivalents and restricted cash 9.1 236.4
Cash, cash equivalents and restricted cash, beginning of period 221.8 204.7
Cash, cash equivalents and restricted cash, end of period 230.9 441.1
Supplemental disclosures of cash flow information:    
Cash paid for interest 155.4 135.4
Cash paid for income taxes 33.1 35.6
Cash received from income tax refunds 1.2 0.8
Schedule of non-cash operating, investing and financing activities:    
Property and equipment additions included in accounts payable and accrued expenses 78.8 51.4
Right-of-use assets obtained in exchange for lease obligations in operating leases 3.2 1.1
Right-of-use assets obtained in exchange for lease obligations in finance leases 3.6 33.2
Repurchase of common stock included in accrued expense and other current liabilities $ 4.0 $ 0.0