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Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating Activities    
Net Income (Loss) Attributable to Parent $ 207,700,000 $ 193,200,000
Depreciation, Depletion and Amortization 311,800,000 289,800,000
Adjustments to reconcile income to net cash provided by operating activities:    
Net gains on sales of assets (110,000,000.0) (105,600,000)
Asset Impairment Charges 0 1,200,000
Deferred income taxes 42,000,000.0 38,700,000
Share of affiliates’ earnings, net of dividends (58,700,000) (48,100,000)
Changes in working capital items 3,300,000 30,900,000
Net cash provided by operating activities 396,100,000 400,100,000
Investing Activities    
Portfolio investments and capital additions (1,325,100,000) (1,237,500,000)
Portfolio proceeds 171,700,000 208,200,000
Proceeds from sales of other assets 20,200,000 16,400,000
Other 1,800,000 2,300,000
Net cash used in investing activities (1,131,400,000) (860,600,000)
Financing Activities    
Net proceeds from issuances of debt (original maturities longer than 90 days) 1,297,000,000 909,200,000
Repayments of debt (original maturities longer than 90 days) (413,500,000) (500,000,000.0)
Net decrease in debt with original maturities of 90 days or less 0 (5,000,000.0)
Stock repurchases (21,800,000) 0
Dividends (63,900,000) (60,700,000)
Other 21,700,000 16,400,000
Net cash provided by financing activities 789,100,000 359,900,000
Effect of Exchange Rate Changes on Cash, Cash Equivalents, and Restricted Cash (800,000) (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 503,800,000 203,200,000
Non-cash financing lease transactions 30,100,000 0
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 53,000,000.0 (100,800,000)
Payments to Acquire Short-Term Investments 0 150,000,000.0
Payments for Previously Leased Assets $ 30,400,000 $ 0