Condensed Consolidating Financial Information (Tables)

6 Months Ended

Jun. 30, 2017

Condensed Consolidating Financial Information KCS [Member]

Condensed Financial Statements [Line Items]

Condensed Consolidating Statements of Comprehensive Income

Condensed Consolidating Statements of Comprehensive Income - KCS Notes

	Three Months Ended June 30, 2017
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Revenues	$	—		$	313.1		$	347.7		$	(4.4	)	$	656.4
Operating expenses	3.0			222.3			196.2			(4.4		)	417.1
Operating income (loss)	(3.0		)	90.8			151.5			—			239.3
Equity in net earnings of affiliates	134.5			1.5			2.5			(135.6		)	2.9
Interest expense	(20.1		)	(18.2		)	(9.2		)	22.5			(25.0		)
Foreign exchange gain	—			—			14.2			—			14.2
Other income (expense), net	22.4			(0.3		)	—			(22.2		)	(0.1		)
Income before income taxes	133.8			73.8			159.0			(135.3		)	231.3
Income tax expense (benefit)	(0.6		)	28.1			69.1			—			96.6
Net income	134.4			45.7			89.9			(135.3		)	134.7
Less: Net income attributable to noncontrolling interest	—			0.3			—			—			0.3
Net income attributable to Kansas City Southern and subsidiaries	134.4			45.4			89.9			(135.3		)	134.4
Other comprehensive income (loss)	(1.8		)	—			0.8			(0.8		)	(1.8		)
Comprehensive income attributable to Kansas City Southern and subsidiaries	$	132.6		$	45.4		$	90.7		$	(136.1	)	$	132.6

Condensed Consolidating Statements of Comprehensive Income - KCS Notes—(Continued)

	Three Months Ended June 30, 2016
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Revenues	$	—		$	260.8		$	312.2		$	(4.5	)	$	568.5
Operating expenses	1.7			170.5			180.9			(4.5		)	348.6
Operating income (loss)	(1.7		)	90.3			131.3			—			219.9
Equity in net earnings of affiliates	113.5			1.5			2.6			(114.6		)	3.0
Interest expense	(20.5		)	(21.0		)	(15.4		)	32.5			(24.4		)
Foreign exchange loss	—			—			(24.0		)	—			(24.0		)
Other income (expense), net	27.7			(0.2		)	3.9			(32.1		)	(0.7		)
Income before income taxes	119.0			70.6			98.4			(114.2		)	173.8
Income tax expense (benefit)	(1.1		)	27.5			26.9			—			53.3
Net income	120.1			43.1			71.5			(114.2		)	120.5
Less: Net income attributable to noncontrolling interest	—			0.4			—			—			0.4
Net income attributable to Kansas City Southern and subsidiaries	120.1			42.7			71.5			(114.2		)	120.1
Other comprehensive loss	(0.6		)	—			(1.2		)	1.2			(0.6		)
Comprehensive income attributable to Kansas City Southern and subsidiaries	$	119.5		$	42.7		$	70.3		$	(113.0	)	$	119.5

	Six Months Ended June 30, 2017
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Revenues	$	—		$	608.3		$	666.3		$	(8.7	)	$	1,265.9
Operating expenses	4.1			439.8			380.7			(8.7		)	815.9
Operating income (loss)	(4.1		)	168.5			285.6			—			450.0
Equity in net earnings of affiliates	280.6			2.8			6.0			(282.5		)	6.9
Interest expense	(40.7		)	(36.9		)	(18.3		)	46.2			(49.7		)
Foreign exchange gain	—			—			61.0			—			61.0
Other income, net	45.9			0.8			0.6			(46.3		)	1.0
Income before income taxes	281.7			135.2			334.9			(282.6		)	469.2
Income tax expense	0.7			51.7			135.2			—			187.6
Net income	281.0			83.5			199.7			(282.6		)	281.6
Less: Net income attributable to noncontrolling interest	—			0.6			—			—			0.6
Net income attributable to Kansas City Southern and subsidiaries	281.0			82.9			199.7			(282.6		)	281.0
Other comprehensive income (loss)	(1.0		)	—			2.1			(2.1		)	(1.0		)
Comprehensive income attributable to Kansas City Southern and subsidiaries	$	280.0		$	82.9		$	201.8		$	(284.7	)	$	280.0

Condensed Consolidating Statements of Comprehensive Income - KCS Notes—(Continued)

	Six Months Ended June 30, 2016
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Revenues	$	—		$	527.6		$	612.6		$	(9.0	)	$	1,131.2
Operating expenses	2.8			370.4			359.2			(9.0		)	723.4
Operating income (loss)	(2.8		)	157.2			253.4			—			407.8
Equity in net earnings of affiliates	217.2			3.0			6.0			(219.3		)	6.9
Interest expense	(39.4		)	(42.6		)	(29.9		)	63.9			(48.0		)
Foreign exchange loss	—			—			(27.5		)	—			(27.5		)
Other income, net	52.8			0.1			9.8			(63.2		)	(0.5		)
Income before income taxes	227.8			117.7			211.8			(218.6		)	338.7
Income tax expense (benefit)	(0.1		)	46.0			64.2			—			110.1
Net income	227.9			71.7			147.6			(218.6		)	228.6
Less: Net income attributable to noncontrolling interest	—			0.7			—			—			0.7
Net income attributable to Kansas City Southern and subsidiaries	227.9			71.0			147.6			(218.6		)	227.9
Other comprehensive loss	(0.7		)	—			(1.3		)	1.3			(0.7		)
Comprehensive income attributable to Kansas City Southern and subsidiaries	$	227.2		$	71.0		$	146.3		$	(217.3	)	$	227.2

Condensed Consolidating Balance Sheets

Condensed Consolidating Balance Sheets - KCS Notes

	June 30, 2017
	Parent			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Consolidating Adjustments			Consolidated KCS
Assets:
Current assets	$	2.6		$	197.4	$	518.3	$	(6.9	)	$	711.4
Investments	—			3.9		32.3		—			36.2
Investments in consolidated subsidiaries	3,776.9			495.9		—		(4,272.8		)	—
Property and equipment (including concession assets), net	—			4,343.4		3,906.6		(2.7		)	8,247.3
Other assets	2,015.3			47.8		253.8		(2,244.2		)	72.7
Total assets	$	5,794.8		$	5,088.4	$	4,711.0	$	(6,526.6	)	$	9,067.6
Liabilities and equity:
Current liabilities	$	(204.2	)	$	822.2	$	211.6	$	(8.3	)	$	821.3
Long-term debt	1,762.9			1,477.3		1,247.6		(2,244.2		)	2,243.6
Deferred income taxes	24.0			1,123.5		238.8		(0.9		)	1,385.4
Other liabilities	8.0			84.3		17.2		—			109.5
Stockholders’ equity	4,204.1			1,265.9		2,995.8		(4,273.2		)	4,192.6
Noncontrolling interest	—			315.2		—		—			315.2
Total liabilities and equity	$	5,794.8		$	5,088.4	$	4,711.0	$	(6,526.6	)	$	9,067.6

Condensed Consolidating Balance Sheets - KCS Notes—(Continued)

	December 31, 2016
	Parent			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Consolidating Adjustments			Consolidated KCS
Assets:
Current assets	$	0.9		$	275.4	$	381.2	$	(9.5	)	$	648.0
Investments	—			3.9		29.0		—			32.9
Investments in consolidated subsidiaries	3,497.7			493.7		—		(3,991.4		)	—
Property and equipment (including concession assets), net	—			4,203.6		3,868.8		(2.7		)	8,069.7
Other assets	2,015.5			43.0		252.6		(2,244.2		)	66.9
Total assets	$	5,514.1		$	5,019.6	$	4,531.6	$	(6,247.8	)	$	8,817.5
Liabilities and equity:
Current liabilities	$	(501.3	)	$	1,004.0	$	252.6	$	(10.9	)	$	744.4
Long-term debt	1,883.1			1,357.7		1,274.9		(2,244.2		)	2,271.5
Deferred income taxes	26.9			1,075.3		188.0		(0.9		)	1,289.3
Other liabilities	4.0			86.3		17.5		—			107.8
Stockholders’ equity	4,101.4			1,181.7		2,798.6		(3,991.8		)	4,089.9
Noncontrolling interest	—			314.6		—		—			314.6
Total liabilities and equity	$	5,514.1		$	5,019.6	$	4,531.6	$	(6,247.8	)	$	8,817.5

Condensed Consolidating Statements of Cash Flows

Condensed Consolidating Statements of Cash Flows - KCS Notes

	Six Months Ended June 30, 2017
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Operating activities:
Net cash provided	$	11.1		$	250.1		$	160.7		$	(5.0	)	$	416.9
Investing activities:
Capital expenditures	—			(186.5		)	(98.9		)	—			(285.4		)
Purchase or replacement of equipment under operating leases	—			(21.9		)	—			—			(21.9		)
Property investments in MSLLC	—			—			(19.7		)	—			(19.7		)
Proceeds from repayment of loans to affiliates	5,962.8			—			—			(5,962.8		)	—
Loans to affiliates	(5,901.5		)	—			—			5,901.5			—
Contribution to consolidated affiliates	(0.3		)	(0.3		)	—			0.6			—
Proceeds from disposal of property	—			4.4			1.1			—			5.5
Other investing activities	—			(10.4		)	(5.5		)	—			(15.9		)
Net cash provided (used)	61.0			(214.7		)	(123.0		)	(60.7		)	(337.4		)
Financing activities:
Proceeds from short-term borrowings	5,901.5			—			—			—			5,901.5
Repayment of short-term borrowings	(5,781.9		)	—			—			—			(5,781.9		)
Dividends paid	(70.3		)	—			(5.0		)	5.0			(70.3		)
Shares repurchased	(120.4		)	—			—			—			(120.4		)
Proceeds from loans from affiliates	—			5,901.5			—			(5,901.5		)	—
Repayment of loans from affiliates	—			(5,962.8		)	—			5,962.8			—
Contribution from affiliates	—			0.3			0.3			(0.6		)	—
Other financing activities	—			(1.8		)	(10.9		)	—			(12.7		)
Net cash used	(71.1		)	(62.8		)	(15.6		)	65.7			(83.8		)
Cash and cash equivalents:
Net increase (decrease)	1.0			(27.4		)	22.1			—			(4.3		)
At beginning of year	0.2			32.6			137.8			—			170.6
At end of period	$	1.2		$	5.2		$	159.9		$	—		$	166.3

Condensed Consolidating Statements of Cash Flows - KCS Notes—(Continued)

	Six Months Ended June 30, 2016
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Operating activities:
Net cash provided	$	109.0		$	250.8		$	161.7		$	(103.4	)	$	418.1
Investing activities:
Capital expenditures	—			(175.0		)	(83.5		)	—			(258.5		)
Purchase or replacement of equipment under operating leases	—			(5.4		)	—			—			(5.4		)
Property investments in MSLLC	—			—			(16.6		)	—			(16.6		)
Proceeds from repayment of loans to affiliates	6,695.4			—			—			(6,695.4		)	—
Loans to affiliates	(6,742.2		)	—			—			6,742.2			—
Contribution to consolidated affiliates	(97.2		)	(0.3		)	—			97.5			—
Proceeds from disposal of property	—			1.0			1.0			—			2.0
Other investing activities	—			(6.2		)	1.4			—			(4.8		)
Net cash used	(144.0		)	(185.9		)	(97.7		)	144.3			(283.3		)
Financing activities:
Proceeds from short-term borrowings	6,498.7			243.5			—			(243.5		)	6,498.7
Repayment of short-term borrowings	(6,579.0		)	—			—			—			(6,579.0		)
Proceeds from issuance of long-term debt	248.7			—			—			—			248.7
Dividends paid	(71.6		)	—			(101.7		)	101.7			(71.6		)
Shares repurchased	(59.2		)	—			—			—			(59.2		)
Proceeds from loans from affiliates	—			6,498.7			—			(6,498.7		)	—
Repayment of loans from affiliates	—			(6,695.4		)	—			6,695.4			—
Contribution from affiliates	—			96.9			0.6			(97.5		)	—
Other financing activities	(2.2		)	(1.8		)	(13.1		)	1.7			(15.4		)
Net cash provided (used)	35.4			141.9			(114.2		)	(40.9		)	22.2
Cash and cash equivalents:
Net increase (decrease)	0.4			206.8			(50.2		)	—			157.0
At beginning of year	0.2			10.2			126.2			—			136.6
At end of period	$	0.6		$	217.0		$	76.0		$	—		$	293.6

Condensed Consolidating Financial Information KCSR [Member]

Condensed Financial Statements [Line Items]

Condensed Consolidating Statements of Comprehensive Income

Condensed Consolidating Statements of Comprehensive Income - KCSR Notes

	Three Months Ended June 30, 2017
	Parent			KCSR			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Revenues	$	—		$	306.5		$	12.0	$	347.7		$	(9.8	)	$	656.4
Operating expenses	3.0			217.6			10.1		196.2			(9.8		)	417.1
Operating income (loss)	(3.0		)	88.9			1.9		151.5			—			239.3
Equity in net earnings (losses) of affiliates	134.5			(0.2		)	0.9		2.5			(134.8		)	2.9
Interest expense	(20.1		)	(18.2		)	—		(9.2		)	22.5			(25.0		)
Foreign exchange gain	—			—			—		14.2			—			14.2
Other income (expense), net	22.4			(0.3		)	—		—			(22.2		)	(0.1		)
Income before income taxes	133.8			70.2			2.8		159.0			(134.5		)	231.3
Income tax expense (benefit)	(0.6		)	27.2			0.9		69.1			—			96.6
Net income	134.4			43.0			1.9		89.9			(134.5		)	134.7
Less: Net income attributable to noncontrolling interest	—			—			0.3		—			—			0.3
Net income attributable to Kansas City Southern and subsidiaries	134.4			43.0			1.6		89.9			(134.5		)	134.4
Other comprehensive income (loss)	(1.8		)	—			—		0.8			(0.8		)	(1.8		)
Comprehensive income attributable to Kansas City Southern and subsidiaries	$	132.6		$	43.0		$	1.6	$	90.7		$	(135.3	)	$	132.6

	Three Months Ended June 30, 2016
	Parent			KCSR			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Revenues	$	—		$	254.7		$	11.3	$	312.2		$	(9.7	)	$	568.5
Operating expenses	1.7			165.9			9.8		180.9			(9.7		)	348.6
Operating income (loss)	(1.7		)	88.8			1.5		131.3			—			219.9
Equity in net earnings of affiliates	113.5			0.2			1.1		2.6			(114.4		)	3.0
Interest expense	(20.5		)	(21.0		)	—		(15.4		)	32.5			(24.4		)
Foreign exchange loss	—			—			—		(24.0		)	—			(24.0		)
Other income (expense), net	27.7			(0.2		)	—		3.9			(32.1		)	(0.7		)
Income before income taxes	119.0			67.8			2.6		98.4			(114.0		)	173.8
Income tax expense (benefit)	(1.1		)	26.5			1.0		26.9			—			53.3
Net income	120.1			41.3			1.6		71.5			(114.0		)	120.5
Less: Net income attributable to noncontrolling interest	—			—			0.4		—			—			0.4
Net income attributable to Kansas City Southern and subsidiaries	120.1			41.3			1.2		71.5			(114.0		)	120.1
Other comprehensive loss	(0.6		)	—			—		(1.2		)	1.2			(0.6		)
Comprehensive income attributable to Kansas City Southern and subsidiaries	$	119.5		$	41.3		$	1.2	$	70.3		$	(112.8	)	$	119.5

Condensed Consolidating Statements of Comprehensive Income - KCSR Notes—(Continued)

	Six Months Ended June 30, 2017
	Parent			KCSR			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Revenues	$	—		$	595.7		$	23.1	$	666.3		$	(19.2	)	$	1,265.9
Operating expenses	4.1			430.5			19.8		380.7			(19.2		)	815.9
Operating income (loss)	(4.1		)	165.2			3.3		285.6			—			450.0
Equity in net earnings (losses) of affiliates	280.6			(0.3		)	1.8		6.0			(281.2		)	6.9
Interest expense	(40.7		)	(36.9		)	—		(18.3		)	46.2			(49.7		)
Foreign exchange gain	—			—			—		61.0			—			61.0
Other income, net	45.9			0.8			—		0.6			(46.3		)	1.0
Income before income taxes	281.7			128.8			5.1		334.9			(281.3		)	469.2
Income tax expense	0.7			49.8			1.9		135.2			—			187.6
Net income	281.0			79.0			3.2		199.7			(281.3		)	281.6
Less: Net income attributable to noncontrolling interest	—			—			0.6		—			—			0.6
Net income attributable to Kansas City Southern and subsidiaries	281.0			79.0			2.6		199.7			(281.3		)	281.0
Other comprehensive income (loss)	(1.0		)	—			—		2.1			(2.1		)	(1.0		)
Comprehensive income attributable to Kansas City Southern and subsidiaries	$	280.0		$	79.0		$	2.6	$	201.8		$	(283.4	)	$	280.0

	Six Months Ended June 30, 2016
	Parent			KCSR			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Revenues	$	—		$	515.3		$	22.1	$	612.6		$	(18.8	)	$	1,131.2
Operating expenses	2.8			361.5			18.7		359.2			(18.8		)	723.4
Operating income (loss)	(2.8		)	153.8			3.4		253.4			—			407.8
Equity in net earnings of affiliates	217.2			0.3			2.1		6.0			(218.7		)	6.9
Interest expense	(39.4		)	(42.6		)	—		(29.9		)	63.9			(48.0		)
Foreign exchange loss	—			—			—		(27.5		)	—			(27.5		)
Other income, net	52.8			0.1			—		9.8			(63.2		)	(0.5		)
Income before income taxes	227.8			111.6			5.5		211.8			(218.0		)	338.7
Income tax expense (benefit)	(0.1		)	43.6			2.4		64.2			—			110.1
Net income	227.9			68.0			3.1		147.6			(218.0		)	228.6
Less: Net income attributable to noncontrolling interest	—			—			0.7		—			—			0.7
Net income attributable to Kansas City Southern and subsidiaries	227.9			68.0			2.4		147.6			(218.0		)	227.9
Other comprehensive loss	(0.7		)	—			—		(1.3		)	1.3			(0.7		)
Comprehensive income attributable to Kansas City Southern and subsidiaries	$	227.2		$	68.0		$	2.4	$	146.3		$	(216.7	)	$	227.2

Condensed Consolidating Balance Sheets

Condensed Consolidating Balance Sheets - KCSR Notes

	June 30, 2017
	Parent			KCSR			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Consolidating Adjustments			Consolidated KCS
Assets:
Current assets	$	2.6		$	188.5		$	8.9	$	518.3	$	(6.9	)	$	711.4
Investments	—			3.9			—		32.3		—			36.2
Investments in consolidated subsidiaries	3,776.9			(10.9		)	493.9		—		(4,259.9		)	—
Property and equipment (including concession assets), net	—			4,168.1			175.3		3,906.6		(2.7		)	8,247.3
Other assets	2,015.3			47.8			—		253.8		(2,244.2		)	72.7
Total assets	$	5,794.8		$	4,397.4		$	678.1	$	4,711.0	$	(6,513.7	)	$	9,067.6
Liabilities and equity:
Current liabilities	$	(204.2	)	$	733.0		$	89.2	$	211.6	$	(8.3	)	$	821.3
Long-term debt	1,762.9			1,477.3			—		1,247.6		(2,244.2		)	2,243.6
Deferred income taxes	24.0			984.0			139.5		238.8		(0.9		)	1,385.4
Other liabilities	8.0			84.2			0.1		17.2		—			109.5
Stockholders’ equity	4,204.1			1,118.9			134.1		2,995.8		(4,260.3		)	4,192.6
Noncontrolling interest	—			—			315.2		—		—			315.2
Total liabilities and equity	$	5,794.8		$	4,397.4		$	678.1	$	4,711.0	$	(6,513.7	)	$	9,067.6

	December 31, 2016
	Parent			KCSR			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Consolidating Adjustments			Consolidated KCS
Assets:
Current assets	$	0.9		$	271.8		$	4.6	$	381.2	$	(10.5	)	$	648.0
Investments	—			3.9			—		29.0		—			32.9
Investments in consolidated subsidiaries	3,497.7			(9.8		)	491.7		—		(3,979.6		)	—
Property and equipment (including concession assets), net	—			4,024.5			179.1		3,868.8		(2.7		)	8,069.7
Other assets	2,015.5			43.0			—		252.6		(2,244.2		)	66.9
Total assets	$	5,514.1		$	4,333.4		$	675.4	$	4,531.6	$	(6,237.0	)	$	8,817.5
Liabilities and equity:
Current liabilities	$	(501.3	)	$	913.2		$	91.7	$	252.6	$	(11.8	)	$	744.4
Long-term debt	1,883.1			1,357.7			0.1		1,274.9		(2,244.3		)	2,271.5
Deferred income taxes	26.9			937.7			137.6		188.0		(0.9		)	1,289.3
Other liabilities	4.0			86.2			0.1		17.5		—			107.8
Stockholders’ equity	4,101.4			1,038.6			131.3		2,798.6		(3,980.0		)	4,089.9
Noncontrolling interest	—			—			314.6		—		—			314.6
Total liabilities and equity	$	5,514.1		$	4,333.4		$	675.4	$	4,531.6	$	(6,237.0	)	$	8,817.5

Condensed Consolidating Statements of Cash Flows

Condensed Consolidating Statements of Cash Flows - KCSR Notes

	Six Months Ended June 30, 2017
	Parent			KCSR			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Operating activities:
Net cash provided	$	11.1		$	250.0		$	0.1		$	160.7		$	(5.0	)	$	416.9
Investing activities:
Capital expenditures	—			(186.5		)	—			(98.9		)	—			(285.4		)
Purchase or replacement of equipment under operating leases	—			(21.9		)	—			—			—			(21.9		)
Property investments in MSLLC	—			—			—			(19.7		)	—			(19.7		)
Proceeds from repayment of loans to affiliates	5,962.8			—			—			—			(5,962.8		)	—
Loans to affiliates	(5,901.5		)	—			—			—			5,901.5			—
Contribution to consolidated affiliates	(0.3		)	—			(0.3		)	—			0.6			—
Proceeds from disposal of property	—			4.4			—			1.1			—			5.5
Other investing activities	—			(10.4		)	—			(5.5		)	—			(15.9		)
Net cash provided (used)	61.0			(214.4		)	(0.3		)	(123.0		)	(60.7		)	(337.4		)
Financing activities:
Proceeds from short-term borrowings	5,901.5			—			—			—			—			5,901.5
Repayment of short-term borrowings	(5,781.9		)	—			—			—			—			(5,781.9		)
Dividends paid	(70.3		)	—			—			(5.0		)	5.0			(70.3		)
Shares repurchased	(120.4		)	—			—			—			—			(120.4		)
Proceeds from loans from affiliates	—			5,901.5			—			—			(5,901.5		)	—
Repayment of loans from affiliates	—			(5,962.8		)	—			—			5,962.8			—
Contribution from affiliates	—			—			0.3			0.3			(0.6		)	—
Other financing activities	—			(1.7		)	(0.1		)	(10.9		)	—			(12.7		)
Net cash provided (used)	(71.1		)	(63.0		)	0.2			(15.6		)	65.7			(83.8		)
Cash and cash equivalents:
Net increase (decrease)	1.0			(27.4		)	—			22.1			—			(4.3		)
At beginning of year	0.2			32.6			—			137.8			—			170.6
At end of period	$	1.2		$	5.2		$	—		$	159.9		$	—		$	166.3

Condensed Consolidating Statements of Cash Flows - KCSR Notes—(Continued)

	Six Months Ended June 30, 2016
	Parent			KCSR			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Operating activities:
Net cash provided	$	109.0		$	250.2		$	0.5		$	161.7		$	(103.3	)	$	418.1
Investing activities:
Capital expenditures	—			(174.6		)	(0.4		)	(83.5		)	—			(258.5		)
Purchase or replacement of equipment under operating leases	—			(5.4		)	—			—			—			(5.4		)
Property investments in MSLLC	—			—			—			(16.6		)	—			(16.6		)
Proceeds from repayment of loans to affiliates	6,695.4			—			—			—			(6,695.4		)	—
Loans to affiliates	(6,742.2		)	—			—			—			6,742.2			—
Contribution to consolidated affiliates	(97.2		)	—			(0.3		)	—			97.5			—
Proceeds from disposal of property	—			1.0			—			1.0			—			2.0
Other investing activities	—			(6.2		)	—			1.4			—			(4.8		)
Net cash used	(144.0		)	(185.2		)	(0.7		)	(97.7		)	144.3			(283.3		)
Financing activities:
Proceeds from short-term borrowings	6,498.7			243.5			—			—			(243.5		)	6,498.7
Repayment of short-term borrowings	(6,579.0		)	—			—			—			—			(6,579.0		)
Proceeds from issuance of long-term debt	248.7			—			—			—			—			248.7
Dividends paid	(71.6		)	—			—			(101.7		)	101.7			(71.6		)
Shares repurchased	(59.2		)	—			—			—			—			(59.2		)
Proceeds from loans from affiliates	—			6,498.7			—			—			(6,498.7		)	—
Repayment of loans from affiliates	—			(6,695.4		)	—			—			6,695.4			—
Contribution from affiliates	—			96.7			0.3			0.6			(97.6		)	—
Other financing activities	(2.2		)	(1.7		)	(0.1		)	(13.1		)	1.7			(15.4		)
Net cash provided (used)	35.4			141.8			0.2			(114.2		)	(41.0		)	22.2
Cash and cash equivalents:
Net increase (decrease)	0.4			206.8			—			(50.2		)	—			157.0
At beginning of year	0.2			10.1			0.1			126.2			—			136.6
At end of period	$	0.6		$	216.9		$	0.1		$	76.0		$	—		$	293.6