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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net income (loss) including noncontrolling interests $ 428.2 $ 80.0
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 714.9 641.4
Amortization of debt issuance costs and discounts 6.3 11.2
Share-based compensation 18.0 7.5
(Gain) loss on sale or impairment of properties and other assets, net 39.8 630.6
Unrealized (gain) loss on foreign currency fluctuations and derivative instruments, net (25.9) 16.2
Income tax (benefit) expense 265.2 193.3
Income tax (paid) received (75.7) (50.3)
Interest expense, excluding interest amortization 202.5 207.0
Interest paid (236.1) (249.5)
Change in current assets and liabilities and other 156.0 (199.2)
Net cash provided by (used in) operating activities 1,493.2 1,288.2
Cash flows from investing activities:    
Additions to properties (456.4) (457.3)
Proceeds from sales of properties and other assets 4.6 101.0
Other 0.5 37.3
Net cash provided by (used in) investing activities (451.3) (319.0)
Cash flows from financing activities:    
Exercise of stock options under equity compensation plans 4.0 1.5
Dividends paid (125.3) (300.9)
Payments on debt and borrowings (913.5) (1,575.9)
Proceeds on debt and borrowings 1.5 0.0
Net proceeds from (payments on) revolving credit facilities and commercial paper 224.6 262.9
Change in overdraft balances and other (32.6) (1.2)
Net cash provided by (used in) financing activities (841.3) (1,613.6)
Cash and cash equivalents:    
Net increase (decrease) in cash and cash equivalents 200.6 (644.4)
Effect of foreign exchange rate changes on cash and cash equivalents 7.3 (3.3)
Balance at beginning of year 523.4 1,057.9
Balance at end of period $ 731.3 $ 410.2