XML 37 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating activities:    
Net income $ 286.9 $ 235.9
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 146.9 139.1
Deferred income taxes 142.3 120.2
Equity in net earnings of unconsolidated affiliates (15.1) (13.6)
Share-based compensation 8.3 6.4
Excess tax benefit from share-based compensation (22.2) 0
Deferred compensation 7.3 15.9
Elimination of deferred statutory profit sharing liability (47.8) 0
Distributions from unconsolidated affiliates 7.3 9.1
Gain on insurance recoveries related to hurricane damage 0 (25.6)
Cash payments related to hurricane damage 0 (1.9)
Insurance proceeds related to hurricane damage 0 36.6
Debt retirement costs 18.0 14.2
Changes in working capital items:    
Accounts receivable (38.9) (26.9)
Materials and supplies (10.0) (11.8)
Other current assets 3.0 (0.1)
Accounts payable and accrued liabilities 49.6 14.9
Other, net (19.6) (47.3)
Net cash provided by operating activities 516.0 465.1
Investing activities:    
Capital expenditures (319.2) (284.0)
Property investments in MSLLC (31.4) (29.0)
Insurance proceeds related to hurricane damage 0 12.4
Proceeds from disposal of property 12.2 6.8
Other, net 10.2 1.6
Net cash used for investing activities (328.2) (292.2)
Financing activities:    
Proceeds from issuance of long-term debt 329.7 500.0
Repayment of long-term debt (363.8) (521.9)
Debt costs (19.3) (18.2)
Proceeds from employee stock plans 1.1 1.8
Excess tax benefit from share-based compensation 22.2 0
Dividends paid (43.1) (2.9)
Net cash used for financing activities (73.2) (41.2)
Cash and cash equivalents:    
Net increase during each period 114.6 131.7
At beginning of year 72.4 85.4
At end of period $ 187.0 $ 217.1