XML 45 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating activities:    
Net income $ 362.6 $ 238.9
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 190.8 165.0
Deferred income taxes 96.6 86.9
Equity in net earnings of unconsolidated affiliates (16.6) (13.8)
Share-based compensation 6.2 11.3
Excess tax benefit from share-based compensation (3.0) (3.7)
Distributions from unconsolidated affiliates 15.8 6.5
Debt retirement costs 6.6 113.8
Changes in working capital items:    
Accounts receivable (8.5) (28.8)
Materials and supplies (0.6) (7.0)
Other current assets 9.5 (16.9)
Accounts payable and accrued liabilities 32.9 16.5
Other, net (10.5) 3.8
Net cash provided by operating activities 681.8 572.5
Investing activities:    
Capital expenditures (403.5) (381.8)
Purchase or replacement of equipment under operating leases (302.2) (155.1)
Property investments in MSLLC (25.6) (25.0)
Proceeds from disposal of property 6.2 6.2
Other, net 2.3 (8.1)
Net cash used for investing activities (722.8) (563.8)
Financing activities:    
Proceeds from commercial paper 11,502.7 0
Repayment of commercial paper (11,191.8) 0
Proceeds from issuance of long-term debt 175.0 1,468.7
Repayment of long-term debt (502.8) (1,301.8)
Dividends paid (85.7) (47.6)
Debt costs (4.4) (109.3)
Excess tax benefit from share-based compensation 3.0 3.7
Proceeds from employee stock plans 1.3 0.9
Net cash provided by (used for) financing activities (102.7) 14.6
Cash and cash equivalents:    
Net increase (decrease) during each period (143.7) 23.3
At beginning of year 429.5 72.6
At end of period $ 285.8 $ 95.9