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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating Activities      
Net income $ 151.3 $ 211.2 $ 211.3
Total Discontinued Operations, Net of Taxes 1.1 30.4 20.8
Income from continuing operations 150.2 180.8 190.5
Adjustments to reconcile income to net cash provided by operating activities:      
Depreciation 342.8 332.7 327.3
Gains on sales of assets (39.5) (56.2) (79.3)
Asset Impairment Charges 0.3 6.6 9.0
Employee benefit plans 6.9 3.9 4.6
Share-based Payment Arrangement, Noncash Expense 15.6 12.3 16.4
Deferred income taxes 29.1 33.8 18.1
Share of affiliates’ earnings, net of dividends (62.2) (49.0) (15.2)
Other (6.4) (39.1) 13.8
Net cash provided by operating activities 436.8 425.8 485.2
Investing Activities      
Additions to operating assets and facilities (860.8) (722.8) (913.5)
Acquisition of new businesses (203.2) 0.0 0.0
Investments in affiliates 0.0 0.0 (14.1)
Portfolio investments and capital additions (1,064.0) (722.8) (927.6)
Purchases of leased-in assets 0.0 (1.0) (66.6)
Portfolio proceeds 131.1 250.3 234.4
Proceeds from sales of other assets 26.0 23.0 37.3
Proceeds from sale-leasebacks 0.0 0.0 59.1
Payments for (Proceeds from) Other Investing Activities 2.0 2.7 3.1
Net cash used in investing activities (904.9) (447.8) (660.3)
Financing Activities      
Net proceeds from issuances of debt (original maturities longer than 90 days) 1,586.5 743.0 693.7
Repayments of debt (original maturities longer than 90 days) (1,100.0) (410.0) (632.8)
Net increase (decrease) in debt with original maturities of 90 days or less 6.4 (94.6) 106.5
Payments on capital lease obligations (40.0) (11.3) 0.0
Stock repurchases 0.0 (150.0) (115.5)
Dividends (71.0) (69.3) (69.3)
Other (add shares used to pay taxes) (26.3) 59.1 3.5
Net cash (used in) provided by financing activities 355.6 66.9 (13.9)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (0.1) (0.5) (4.0)
Net Cash Used in (Provided By) Operating Activities (8.5) 36.8 23.3
Net Cash Provided By (Used In) Investing Activities (1) 240.9 8.1 (15.8)
Net Cash Provided By (Used In) Financing Activities 21.8 (45.0) (7.5)
Cash Provided By Discontinued Operations, Net 254.2 (0.1) 0.0
Net increase (decrease) in Cash, Cash Equivalents, and Restricted Cash during the year 141.6 44.3 (193.0)
Cash, Cash Equivalents, and Restricted Cash at beginning of period 151.0 106.7 299.7
Cash, Cash Equivalents, and Restricted Cash at end of period $ 292.6 $ 151.0 $ 106.7