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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating Activities      
Net income $ 502.0 $ 257.1 $ 205.3
Adjustments to reconcile income to net cash provided by operating activities:      
Depreciation 322.7 310.2 303.3
Change in accrued operating lease expense (13.9) 3.0 (24.2)
Gains on sales of assets (52.5) (52.9) (99.7)
Asset Impairment Charges 8.6 38.5 33.9
Employee benefit plans 3.3 7.1 10.6
Share-based Compensation 9.9 15.8 11.6
Deferred income taxes (260.5) 72.8 90.2
Change in income taxes payable (4.6) (5.7) 7.4
Share of affiliates’ earnings, net of dividends (13.7) (12.2) (13.7)
Other (4.5) (4.3) 17.1
Net cash provided by operating activities 496.8 629.4 541.8
Investing Activities      
Additions to operating assets and facilities (566.8) (595.7) (681.4)
Investments in affiliates (36.6) (25.0) (15.5)
Portfolio investments and capital additions (603.4) (620.7) (696.9)
Purchases of leased-in assets (111.8) (117.1) (118.4)
Portfolio proceeds 165.6 223.7 482.2
Proceeds from sales of other assets 30.3 23.0 18.7
Proceeds from sale-leasebacks 90.6 82.5 0.0
Payments for (Proceeds from) Other Investing Activities 0.4 2.3 9.6
Net cash used in investing activities (428.3) (406.3) (304.8)
Financing Activities      
Net proceeds from issuances of debt (original maturities longer than 90 days) 792.6 859.4 748.8
Repayments of debt (original maturities longer than 90 days) (703.0) (800.0) (726.3)
Net increase (decrease) in debt with original maturities of 90 days or less (0.3) (3.6) (64.5)
Payments on capital lease obligations (2.4) (3.6) (2.7)
Stock repurchases (100.0) (120.1) (125.4)
Dividends (68.2) (67.4) (68.2)
Other (add shares used to pay taxes) (2.6) 4.8 1.8
Net cash (used in) provided by financing activities (83.9) (130.5) (236.5)
Effect of Exchange Rate Changes on Cash and Cash Equivalents 4.0 (1.2) (5.2)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect (11.4) 91.4 (4.7)
Cash, Cash Equivalents, and Restricted Cash at beginning of period 311.1 219.7 224.4
Cash, Cash Equivalents, and Restricted Cash at end of period $ 299.7 $ 311.1 $ 219.7