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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating Activities    
Net Income (Loss) Attributable to Parent $ 74,300,000 $ 77,400,000
Depreciation, Depletion and Amortization 100,600,000 93,600,000
Adjustments to reconcile income to net cash provided by operating activities:    
Net gains on sales of assets (36,100,000) (48,100,000)
Asset Impairment Charges 0 1,200,000
Deferred income taxes 15,900,000 14,100,000
Share of affiliates’ earnings, net of dividends (19,700,000) (20,700,000)
Changes in working capital items (37,400,000) (22,500,000)
Net cash provided by operating activities 97,600,000 95,000,000.0
Investing Activities    
Portfolio investments and capital additions (378,600,000) (387,000,000.0)
Portfolio proceeds 59,700,000 108,200,000
Proceeds from sales of other assets 7,100,000 5,200,000
Other 200,000 700,000
Net cash used in investing activities (311,600,000) (122,900,000)
Financing Activities    
Net proceeds from issuances of debt (original maturities longer than 90 days) 557,400,000 165,400,000
Repayments of debt (original maturities longer than 90 days) (300,000,000.0) (250,000,000.0)
Net increase in debt with original maturities of 90 days or less 0 2,800,000
Stock repurchases (4,600,000) 0
Dividends (22,000,000.0) (20,900,000)
Other 14,200,000 4,400,000
Net cash provided by (used in) financing activities 245,000,000.0 (98,300,000)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (2,600,000) (200,000)
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Beginning Balance 450,800,000 304,000,000.0
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Ending Balance 479,200,000 177,600,000
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 28,400,000 (126,400,000)
Payments to Acquire Short-Term Investments $ 0 $ 150,000,000.0