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Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating Activities    
Net income $ 107,500,000 $ 82,100,000
Adjustments to reconcile income to net cash provided by operating activities:    
Depreciation expense 278,200,000 281,900,000
Net gains on sales of assets (91,000,000.0) (76,600,000)
Asset impairments 42,300,000 0
Deferred income taxes 24,000,000.0 19,700,000
Share of affiliates’ earnings (losses), net of dividends (14,800,000) 21,500,000
Changes in working capital items 6,400,000 11,400,000
Net cash provided by operating activities 352,600,000 340,000,000.0
Investing Activities    
Portfolio investments and capital additions (887,900,000) (893,200,000)
Portfolio proceeds 224,900,000 159,000,000.0
Proceeds from sales of other assets 26,400,000 43,700,000
Other 30,100,000 600,000
Net cash used in investing activities (606,500,000) (689,900,000)
Financing Activities    
Net proceeds from issuances of debt (original maturities longer than 90 days) 837,800,000 1,319,100,000
Repayments of debt (original maturities longer than 90 days) (250,000,000.0) (584,000,000.0)
Net increase (decrease) in debt with original maturities of 90 days or less 700,000 (1,900,000)
Stock repurchases (47,200,000) (400,000)
Dividends (57,900,000) (56,200,000)
Purchases of assets previously leased (1,500,000) (77,200,000)
Other 30,900,000 24,400,000
Net cash provided by financing activities 512,800,000 623,800,000
Effect of Exchange Rate Changes on Cash and Cash Equivalents (6,800,000) (1,400,000)
Cash provided by discontinued operations, net 0 1,100,000
Cash, Cash Equivalents, and Restricted Cash at beginning of the period 344,500,000 292,600,000
Cash, Cash Equivalents, and Restricted Cash at end of the period 596,600,000 566,200,000
Net increase in Cash, Cash Equivalents, and Restricted Cash during the period 252,100,000 273,600,000
Non-cash financing lease transactions $ 0 $ 43,600,000