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Consolidated Statements of Cash Flows
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2013
USD ($)
Vessel
Car
Sep. 30, 2012
USD ($)
Sep. 30, 2013
Aae Cargo Ag [Member]
USD ($)
Sep. 30, 2013
Aae Cargo Ag [Member]
EUR (€)
Operating Activities        
Net income $ 116.0 $ 107.6    
Adjustments to reconcile income to net cash provided by operating activities:        
Gains on sales of assets (52.2) (52.0)    
Depreciation 196.1 184.9    
Deferred income taxes 45.1 28.1    
Share of affiliates’ earnings, net of dividends received (44.9) (8.8)    
Increase (Decrease) in Income Taxes Payable (1.8) (9.9)    
Change in accrued operating lease expense (31.4) (36.6)    
Increase (Decrease) in Pension and Postretirement Obligations 6.0 0.5    
Other 20.1 10.8    
Net cash provided by operating activities 253.0 224.6    
Investing Activities        
Additions to operating assets and facilities (551.3) (498.1)    
Loans extended (14.2) (1.0)    
Investments in affiliates (101.3) (24.3)    
Portfolio investments and capital additions (666.8) (523.4)    
Purchases of leased-in assets (58.5) (1.3)    
Portfolio proceeds 286.6 260.2 91.1 [1] 67.5 [1]
Proceeds from sales of other assets 24.4 22.5    
Proceeds from sale-leasebacks   71.3    
Net decrease in restricted cash 8.0 7.6    
Net cash used in investing activities (406.3) (163.1)    
Financing Activities        
Net proceeds from issuances of debt (original maturities longer than 90 days) 801.8 312.9    
Repayments of debt (original maturities longer than 90 days) (405.7) (334.5)    
Net (decrease) increase in debt with original maturities of 90 days or less (227.2) 188.2    
Repayments of Long-term Capital Lease Obligations (2.3) (3.0)    
Stock repurchases (50.0) 0    
Dividends (46.0) (43.6)    
Other 0.8 1.5    
Net cash provided by financing activities 71.4 121.5    
Effect of Exchange Rate Changes on Cash and Cash Equivalents (1.6) (0.8)    
Net (decrease) increase in Cash and Cash Equivalents (83.5) 182.2    
Cash and Cash Equivalents, beginning of period 234.2 248.4    
Cash and Cash Equivalents, end of period 150.7 430.6    
Noncash or Part Noncash Acquisition, Value of Assets Acquired $ 173.0 [2]      
Number of vessels received 5      
Number of railcars received 591      
Noncontrolling Interest, Ownership Percentage by Parent     37.50% 37.50%
[1] (b)In 2013, proceeds from the sale of our 37.5% interest in AAE included receipt of a note in the amount of $91.1 million.
[2] (a)In 2013, we received five vessels and related working capital from our Singco and Somargas affiliates in connection with our exit from those joint ventures. Additionally, we received distributions of 591 railcars from our Southern Capital affiliate.