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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Repayments of Long-term Capital Lease Obligations $ 33.3 $ 7.9
Payments to Acquire Property, Plant, and Equipment 663.4 391.5
Lease Obligation Incurred 43.6 31.8
Operating Activities    
Net income 42.0 85.6
Income from discontinued operations, net of taxes 0.0 1.4
Net Income 42.0 84.2
Adjustments to reconcile income to net cash provided by operating activities:    
Depreciation 187.3 168.0
Gains on sales of assets (55.5) (32.2)
Deferred income taxes 10.7 23.3
Share of affiliates’ earnings, net of dividends 24.5 (37.2)
Other (10.4) (6.8)
Net cash provided by operating activities 198.6 199.3
Investing Activities    
Additions to operating assets and facilities (663.4) (391.5)
Portfolio proceeds 124.1 89.6
Proceeds from sales of other assets 29.1 12.8
Other (0.1) 1.2
Net cash used in investing activities (510.3) (287.9)
Financing Activities    
Net proceeds from issuances of debt (original maturities longer than 90 days) 1,072.6 1,348.0
Repayments of debt (original maturities longer than 90 days) (584.0) (1,100.0)
Net increase (decrease) in debt with original maturities of 90 days or less (5.2) (10.1)
Payments of Dividends (37.9) (36.4)
Proceeds from (Payments for) Other Financing Activities 24.1 (13.5)
Net cash (used in) provided by financing activities 436.3 180.1
Effect of Exchange Rate Changes on Cash and Cash Equivalents (0.2) (1.2)
Cash Provided by (Used in) Operating Activities, Discontinued Operations 0.0 (8.5)
Cash Provided by (Used in) Investing Activities, Discontinued Operations 1.1 238.3
Cash Provided by (Used in) Financing Activities, Discontinued Operations 0.0 21.8
Net Cash Provided by (Used in) Discontinued Operations 1.1 251.6
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 125.5 341.9
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Beginning Balance 292.6 151.0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Ending Balance 418.1 492.9
Repayments of Long-term Capital Lease Obligations $ (33.3) $ (7.9)