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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income $ 356.8 $ 359.7
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 145.7 121.8
Distributions from unconsolidated affiliates 113.8 126.6
Equity in income of unconsolidated affiliates (108.9) (110.4)
Stock-based compensation 23.2 24.8
Deferred income taxes 29.6 45.3
Asset impairments 3.9 24.5
Amortization of operating lease assets 4.1 4.8
Gain on sale of Arlington 0.0 (114.0)
Other 9.1 6.5
Changes in operating assets and liabilities:    
Income taxes 17.1 6.0
Deferred revenue (38.1) (10.8)
Other assets and liabilities 84.8 14.0
Net cash provided by operating activities 641.1 498.8
Cash flows from investing activities:    
Capital maintenance expenditures (49.8) (52.4)
Capital project expenditures (367.8) (445.7)
Acquisition of businesses, net of cash acquired 0.0 (241.3)
Proceeds from sale of Arlington 0.0 195.7
Other 1.8 (5.8)
Net cash used in investing activities (415.8) (549.5)
Cash flows from financing activities:    
Proceeds from borrowings under long-term debt obligations 750.4 1,420.8
Repayments of borrowings under long-term debt obligations (757.5) (1,297.1)
Payment of dividends (28.7) (26.8)
Repurchase of common stock (158.7) (35.8)
Taxes paid related to net share settlement of stock awards (10.6) (13.2)
Debt issuance costs (2.5) (12.3)
Change in bank overdraft (7.5) 1.4
Other (1.6) 1.7
Net cash (used in) provided by financing activities (216.7) 38.7
Cash flows from discontinued operations:    
Operating activities of discontinued operations 1.0 0.5
Net increase (decrease) in cash, cash equivalents and restricted cash 9.6 (11.5)
Cash, cash equivalents and restricted cash, beginning of period 221.8 204.7
Cash, cash equivalents and restricted cash, end of period 231.4 193.2
Supplemental disclosures of cash flow information:    
Cash paid for interest 205.3 180.5
Cash paid for income taxes 81.8 78.9
Cash received from income tax refunds 4.1 0.8
Schedule of non-cash operating, investing and financing activities:    
Property and equipment additions included in accounts payable and accrued expenses 55.2 52.0
Right-of-use assets obtained in exchange for lease obligations in operating leases 4.2 0.0
Right-of-use assets obtained in exchange for lease obligations in finance leases 3.6 33.4
Repurchase of common stock included in accrued expense and other current liabilities 9.0 0.0
Deferred payments for acquisition of business included in other liabilities $ 1.2 $ 6.9