Condensed Consolidating Financial Information (Tables)

9 Months Ended

Sep. 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 September 30, 2017
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Revenues	$	—		$	316.1		$	344.9		$	(4.4	)	$	656.6
Operating expenses	0.8			221.6			204.8			(4.4		)	422.8
Operating income (loss)	(0.8		)	94.5			140.1			—			233.8
Equity in net earnings of affiliates	130.2			2.5			2.2			(132.1		)	2.8
Interest expense	(20.3		)	(17.7		)	(8.8		)	21.6			(25.2		)
Foreign exchange gain	—			—			0.8			—			0.8
Other income (expense), net	20.8			(0.3		)	0.7			(21.5		)	(0.3		)
Income before income taxes	129.9			79.0			135.0			(132.0		)	211.9
Income tax expense	0.6			26.4			55.0			—			82.0
Net income	129.3			52.6			80.0			(132.0		)	129.9
Less: Net income attributable to noncontrolling interest	—			0.6			—			—			0.6
Net income attributable to Kansas City Southern and subsidiaries	129.3			52.0			80.0			(132.0		)	129.3
Other comprehensive loss	(0.7		)	—			(0.3		)	0.3			(0.7		)
Comprehensive income attributable to Kansas City Southern and subsidiaries	$	128.6		$	52.0		$	79.7		$	(131.7	)	$	128.6

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

	Three Months Ended September 30, 2016
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Revenues	$	—		$	289.9		$	319.0		$	(4.4	)	$	604.5
Operating expenses	0.9			214.7			193.5			(4.4		)	404.7
Operating income (loss)	(0.9		)	75.2			125.5			—			199.8
Equity in net earnings of affiliates	119.1			1.7			3.0			(120.3		)	3.5
Interest expense	(21.7		)	(20.6		)	(16.7		)	33.8			(25.2		)
Foreign exchange loss	—			—			(19.8		)	—			(19.8		)
Other income (expense), net	26.3			(0.1		)	7.1			(33.3		)	—
Income before income taxes	122.8			56.2			99.1			(119.8		)	158.3
Income tax expense	2.2			19.9			15.2			—			37.3
Net income	120.6			36.3			83.9			(119.8		)	121.0
Less: Net income attributable to noncontrolling interest	—			0.4			—			—			0.4
Net income attributable to Kansas City Southern and subsidiaries	120.6			35.9			83.9			(119.8		)	120.6
Other comprehensive loss	(0.3		)	—			(0.4		)	0.4			(0.3		)
Comprehensive income attributable to Kansas City Southern and subsidiaries	$	120.3		$	35.9		$	83.5		$	(119.4	)	$	120.3

	Nine Months Ended September 30, 2017
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Revenues	$	—		$	924.4		$	1,011.2		$	(13.1	)	$	1,922.5
Operating expenses	4.9			661.4			585.5			(13.1		)	1,238.7
Operating income (loss)	(4.9		)	263.0			425.7			—			683.8
Equity in net earnings of affiliates	410.8			5.3			8.2			(414.6		)	9.7
Interest expense	(61.0		)	(54.6		)	(27.1		)	67.8			(74.9		)
Foreign exchange gain	—			—			61.8			—			61.8
Other income, net	66.7			0.5			1.3			(67.8		)	0.7
Income before income taxes	411.6			214.2			469.9			(414.6		)	681.1
Income tax expense	1.3			78.1			190.2			—			269.6
Net income	410.3			136.1			279.7			(414.6		)	411.5
Less: Net income attributable to noncontrolling interest	—			1.2			—			—			1.2
Net income attributable to Kansas City Southern and subsidiaries	410.3			134.9			279.7			(414.6		)	410.3
Other comprehensive income (loss)	(1.7		)	—			1.8			(1.8		)	(1.7		)
Comprehensive income attributable to Kansas City Southern and subsidiaries	$	408.6		$	134.9		$	281.5		$	(416.4	)	$	408.6

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

	Nine Months Ended September 30, 2016
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Revenues	$	—		$	817.5		$	931.6		$	(13.4	)	$	1,735.7
Operating expenses	3.7			585.1			552.7			(13.4		)	1,128.1
Operating income (loss)	(3.7		)	232.4			378.9			—			607.6
Equity in net earnings of affiliates	336.3			4.7			9.0			(339.6		)	10.4
Interest expense	(61.1		)	(63.2		)	(46.6		)	97.7			(73.2		)
Foreign exchange loss	—			—			(47.3		)	—			(47.3		)
Other income, net	79.1			—			16.9			(96.5		)	(0.5		)
Income before income taxes	350.6			173.9			310.9			(338.4		)	497.0
Income tax expense	2.1			65.9			79.4			—			147.4
Net income	348.5			108.0			231.5			(338.4		)	349.6
Less: Net income attributable to noncontrolling interest	—			1.1			—			—			1.1
Net income attributable to Kansas City Southern and subsidiaries	348.5			106.9			231.5			(338.4		)	348.5
Other comprehensive loss	(1.0		)	—			(1.7		)	1.7			(1.0		)
Comprehensive income attributable to Kansas City Southern and subsidiaries	$	347.5		$	106.9		$	229.8		$	(336.7	)	$	347.5

Condensed Consolidating Balance Sheets

Condensed Consolidating Balance Sheets - KCS Notes

	September 30, 2017
	Parent		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Consolidating Adjustments			Consolidated KCS
Assets:
Current assets	$	29.3	$	250.2	$	398.7	$	(37.7	)	$	640.5
Investments	—		3.9		48.0		—			51.9
Investments in consolidated subsidiaries	3,906.9		498.1		—		(4,405.0		)	—
Property and equipment (including concession assets), net	—		4,414.1		3,924.1		(2.6		)	8,335.6
Other assets	2,525.2		48.7		252.7		(2,754.3		)	72.3
Total assets	$	6,461.4	$	5,215.0	$	4,623.5	$	(7,199.6	)	$	9,100.3
Liabilities and equity:
Current liabilities	$	257.2	$	475.4	$	231.4	$	(39.2	)	$	924.8
Long-term debt	2,066.2		1,883.7		1,042.8		(2,754.3		)	2,238.4
Deferred income taxes	27.0		1,149.2		256.9		(0.8		)	1,432.3
Other liabilities	9.0		72.7		16.7		—			98.4
Stockholders’ equity	4,102.0		1,318.2		3,075.7		(4,405.3		)	4,090.6
Noncontrolling interest	—		315.8		—		—			315.8
Total liabilities and equity	$	6,461.4	$	5,215.0	$	4,623.5	$	(7,199.6	)	$	9,100.3

Condensed Consolidating Balance Sheets - KCS Notes—(Continued)

	December 31, 2016
	Parent		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Consolidating Adjustments			Consolidated KCS
Assets:
Current assets	$	18.3	$	275.4	$	389.6	$	(35.3	)	$	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	2,767.9		43.0		252.6		(2,996.6		)	66.9
Total assets	$	6,283.9	$	5,019.6	$	4,540.0	$	(7,026.0	)	$	8,817.5
Liabilities and equity:
Current liabilities	$	87.3	$	432.8	$	261.0	$	(36.7	)	$	744.4
Long-term debt	2,064.3		1,928.9		1,274.9		(2,996.6		)	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	$	6,283.9	$	5,019.6	$	4,540.0	$	(7,026.0	)	$	8,817.5

Condensed Consolidating Statements of Cash Flows

Condensed Consolidating Statements of Cash Flows - KCS Notes

	Nine Months Ended September 30, 2017
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Operating activities:
Net cash provided	$	215.1		$	413.9		$	109.7		$	(5.0	)	$	733.7
Investing activities:
Capital expenditures	—			(292.9		)	(154.0		)	—			(446.9		)
Purchase or replacement of equipment under operating leases	—			(42.6		)	—			—			(42.6		)
Property investments in MSLLC	—			—			(23.7		)	—			(23.7		)
Investments in and advances to affiliates	(0.5		)	(0.5		)	(20.3		)	1.0			(20.3		)
Proceeds from repayment of loans to affiliates	9,814.6			—			—			(9,814.6		)	—
Loans to affiliates	(9,772.2		)	—			—			9,772.2			—
Proceeds from disposal of property	—			5.2			1.4			—			6.6
Other investing activities	—			(16.5		)	1.4			—			(15.1		)
Net cash provided (used)	41.9			(347.3		)	(195.2		)	(41.4		)	(542.0		)
Financing activities:
Proceeds from short-term borrowings	9,772.2			—			—			—			9,772.2
Repayment of short-term borrowings	(9,600.9		)	—			—			—			(9,600.9		)
Repayment of long-term debt	—			(2.7		)	(17.5		)	—			(20.2		)
Dividends paid	(105.1		)	—			(5.0		)	5.0			(105.1		)
Shares repurchased	(320.4		)	—			—			—			(320.4		)
Proceeds from loans from affiliates	—			9,772.2			—			(9,772.2		)	—
Repayment of loans from affiliates	—			(9,814.6		)	—			9,814.6			—
Contribution from affiliates	—			0.5			0.5			(1.0		)	—
Other financing activities	0.5			—			—			—			0.5
Net cash used	(253.7		)	(44.6		)	(22.0		)	46.4			(273.9		)
Cash and cash equivalents:
Net increase (decrease)	3.3			22.0			(107.5		)	—			(82.2		)
At beginning of year	0.2			32.6			137.8			—			170.6
At end of period	$	3.5		$	54.6		$	30.3		$	—		$	88.4

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

	Nine Months Ended September 30, 2016
	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Operating activities:
Net cash provided	$	178.2		$	380.8		$	288.5		$	(163.9	)	$	683.6
Investing activities:
Capital expenditures	—			(269.5		)	(135.6		)	—			(405.1		)
Purchase or replacement of equipment under operating leases	—			(26.6		)	—			—			(26.6		)
Property investments in MSLLC	—			—			(31.2		)	—			(31.2		)
Investments in and advances to affiliates	(103.4		)	(6.5		)	(0.9		)	109.9			(0.9		)
Proceeds from repayment of loans to affiliates	6,743.5			—			—			(6,743.5		)	—
Loans to affiliates	(6,742.5		)	—			—			6,742.5			—
Proceeds from disposal of property	—			1.4			2.3			(0.1		)	3.6
Other investing activities	—			(10.4		)	4.5			0.1			(5.8		)
Net cash used	(102.4		)	(311.6		)	(160.9		)	108.9			(466.0		)
Financing activities:
Proceeds from short-term borrowings	6,499.0			243.5			—			(243.5		)	6,499.0
Repayment of short-term borrowings	(6,579.3		)	—			—			—			(6,579.3		)
Proceeds from issuance of long-term debt	248.7			—			—			—			248.7
Repayment of long-term debt	—			(2.6		)	(18.2		)	—			(20.8		)
Dividends paid	(107.2		)	—			(162.2		)	162.2			(107.2		)
Shares repurchased	(99.8		)	—			—			—			(99.8		)
Proceeds from loans from affiliates	—			6,499.0			—			(6,499.0		)	—
Repayment of loans from affiliates	—			(6,743.5		)	—			6,743.5			—
Contribution from affiliates	—			103.1			6.8			(109.9		)	—
Other financing activities	(1.5		)	(0.1		)	(1.8		)	1.7			(1.7		)
Net cash provided (used)	(40.1		)	99.4			(175.4		)	55.0			(61.1		)
Cash and cash equivalents:
Net increase (decrease)	35.7			168.6			(47.8		)	—			156.5
At beginning of year	0.2			10.2			126.2			—			136.6
At end of period	$	35.9		$	178.8		$	78.4		$	—		$	293.1

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 September 30, 2017
	Parent			KCSR			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Revenues	$	—		$	310.7		$	9.9	$	344.9		$	(8.9	)	$	656.6
Operating expenses	0.8			216.5			9.6		204.8			(8.9		)	422.8
Operating income (loss)	(0.8		)	94.2			0.3		140.1			—			233.8
Equity in net earnings (losses) of affiliates	130.2			(0.3		)	2.1		2.2			(131.4		)	2.8
Interest expense	(20.3		)	(17.7		)	—		(8.8		)	21.6			(25.2		)
Foreign exchange gain	—			—			—		0.8			—			0.8
Other income (expense), net	20.8			(0.3		)	—		0.7			(21.5		)	(0.3		)
Income before income taxes	129.9			75.9			2.4		135.0			(131.3		)	211.9
Income tax expense	0.6			25.4			1.0		55.0			—			82.0
Net income	129.3			50.5			1.4		80.0			(131.3		)	129.9
Less: Net income attributable to noncontrolling interest	—			—			0.6		—			—			0.6
Net income attributable to Kansas City Southern and subsidiaries	129.3			50.5			0.8		80.0			(131.3		)	129.3
Other comprehensive loss	(0.7		)	—			—		(0.3		)	0.3			(0.7		)
Comprehensive income attributable to Kansas City Southern and subsidiaries	$	128.6		$	50.5		$	0.8	$	79.7		$	(131.0	)	$	128.6

	Three Months Ended September 30, 2016
	Parent			KCSR			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Revenues	$	—		$	283.5		$	11.8	$	319.0		$	(9.8	)	$	604.5
Operating expenses	0.9			210.1			10.0		193.5			(9.8		)	404.7
Operating income (loss)	(0.9		)	73.4			1.8		125.5			—			199.8
Equity in net earnings (losses) of affiliates	119.1			(0.3		)	1.2		3.0			(119.5		)	3.5
Interest expense	(21.7		)	(20.6		)	—		(16.7		)	33.8			(25.2		)
Foreign exchange loss	—			—			—		(19.8		)	—			(19.8		)
Other income (expense), net	26.3			(0.1		)	—		7.1			(33.3		)	—
Income before income taxes	122.8			52.4			3.0		99.1			(119.0		)	158.3
Income tax expense	2.2			18.8			1.1		15.2			—			37.3
Net income	120.6			33.6			1.9		83.9			(119.0		)	121.0
Less: Net income attributable to noncontrolling interest	—			—			0.4		—			—			0.4
Net income attributable to Kansas City Southern and subsidiaries	120.6			33.6			1.5		83.9			(119.0		)	120.6
Other comprehensive loss	(0.3		)	—			—		(0.4		)	0.4			(0.3		)
Comprehensive income attributable to Kansas City Southern and subsidiaries	$	120.3		$	33.6		$	1.5	$	83.5		$	(118.6	)	$	120.3

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

	Nine Months Ended September 30, 2017
	Parent			KCSR			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Revenues	$	—		$	906.4		$	33.0	$	1,011.2		$	(28.1	)	$	1,922.5
Operating expenses	4.9			647.0			29.4		585.5			(28.1		)	1,238.7
Operating income (loss)	(4.9		)	259.4			3.6		425.7			—			683.8
Equity in net earnings (losses) of affiliates	410.8			(0.6		)	3.9		8.2			(412.6		)	9.7
Interest expense	(61.0		)	(54.6		)	—		(27.1		)	67.8			(74.9		)
Foreign exchange gain	—			—			—		61.8			—			61.8
Other income, net	66.7			0.5			—		1.3			(67.8		)	0.7
Income before income taxes	411.6			204.7			7.5		469.9			(412.6		)	681.1
Income tax expense	1.3			75.2			2.9		190.2			—			269.6
Net income	410.3			129.5			4.6		279.7			(412.6		)	411.5
Less: Net income attributable to noncontrolling interest	—			—			1.2		—			—			1.2
Net income attributable to Kansas City Southern and subsidiaries	410.3			129.5			3.4		279.7			(412.6		)	410.3
Other comprehensive income (loss)	(1.7		)	—			—		1.8			(1.8		)	(1.7		)
Comprehensive income attributable to Kansas City Southern and subsidiaries	$	408.6		$	129.5		$	3.4	$	281.5		$	(414.4	)	$	408.6

	Nine Months Ended September 30, 2016
	Parent			KCSR			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Revenues	$	—		$	798.8		$	33.9	$	931.6		$	(28.6	)	$	1,735.7
Operating expenses	3.7			571.6			28.7		552.7			(28.6		)	1,128.1
Operating income (loss)	(3.7		)	227.2			5.2		378.9			—			607.6
Equity in net earnings of affiliates	336.3			—			3.3		9.0			(338.2		)	10.4
Interest expense	(61.1		)	(63.2		)	—		(46.6		)	97.7			(73.2		)
Foreign exchange loss	—			—			—		(47.3		)	—			(47.3		)
Other income, net	79.1			—			—		16.9			(96.5		)	(0.5		)
Income before income taxes	350.6			164.0			8.5		310.9			(337.0		)	497.0
Income tax expense	2.1			62.4			3.5		79.4			—			147.4
Net income	348.5			101.6			5.0		231.5			(337.0		)	349.6
Less: Net income attributable to noncontrolling interest	—			—			1.1		—			—			1.1
Net income attributable to Kansas City Southern and subsidiaries	348.5			101.6			3.9		231.5			(337.0		)	348.5
Other comprehensive loss	(1.0		)	—			—		(1.7		)	1.7			(1.0		)
Comprehensive income attributable to Kansas City Southern and subsidiaries	$	347.5		$	101.6		$	3.9	$	229.8		$	(335.3	)	$	347.5

Condensed Consolidating Balance Sheets

Condensed Consolidating Balance Sheets - KCSR Notes

	September 30, 2017
	Parent		KCSR			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Consolidating Adjustments			Consolidated KCS
Assets:
Current assets	$	29.3	$	245.5		$	4.7	$	398.7	$	(37.7	)	$	640.5
Investments	—		3.9			—		48.0		—			51.9
Investments in consolidated subsidiaries	3,906.9		(11.7		)	496.0		—		(4,391.2		)	—
Property and equipment (including concession assets), net	—		4,240.6			173.5		3,924.1		(2.6		)	8,335.6
Other assets	2,525.2		48.7			—		252.7		(2,754.3		)	72.3
Total assets	$	6,461.4	$	4,527.0		$	674.2	$	4,623.5	$	(7,185.8	)	$	9,100.3
Liabilities and equity:
Current liabilities	$	257.2	$	392.4		$	83.0	$	231.4	$	(39.2	)	$	924.8
Long-term debt	2,066.2		1,883.7			—		1,042.8		(2,754.3		)	2,238.4
Deferred income taxes	27.0		1,008.9			140.3		256.9		(0.8		)	1,432.3
Other liabilities	9.0		72.6			0.1		16.7		—			98.4
Stockholders’ equity	4,102.0		1,169.4			135.0		3,075.7		(4,391.5		)	4,090.6
Noncontrolling interest	—		—			315.8		—		—			315.8
Total liabilities and equity	$	6,461.4	$	4,527.0		$	674.2	$	4,623.5	$	(7,185.8	)	$	9,100.3

	December 31, 2016
	Parent		KCSR			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Consolidating Adjustments			Consolidated KCS
Assets:
Current assets	$	18.3	$	271.8		$	4.6	$	389.6	$	(36.3	)	$	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	2,767.9		43.0			—		252.6		(2,996.6		)	66.9
Total assets	$	6,283.9	$	4,333.4		$	675.4	$	4,540.0	$	(7,015.2	)	$	8,817.5
Liabilities and equity:
Current liabilities	$	87.3	$	342.1		$	91.7	$	261.0	$	(37.7	)	$	744.4
Long-term debt	2,064.3		1,928.8			0.1		1,274.9		(2,996.6		)	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	$	6,283.9	$	4,333.4		$	675.4	$	4,540.0	$	(7,015.2	)	$	8,817.5

Condensed Consolidating Statements of Cash Flows

Condensed Consolidating Statements of Cash Flows - KCSR Notes

	Nine Months Ended September 30, 2017
	Parent			KCSR			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Operating activities:
Net cash provided	$	215.1		$	413.5		$	0.4		$	109.7		$	(5.0	)	$	733.7
Investing activities:
Capital expenditures	—			(292.6		)	(0.3		)	(154.0		)	—			(446.9		)
Purchase or replacement of equipment under operating leases	—			(42.6		)	—			—			—			(42.6		)
Property investments in MSLLC	—			—			—			(23.7		)	—			(23.7		)
Investments in and advances to affiliates	(0.5		)	—			(0.5		)	(20.3		)	1.0			(20.3		)
Proceeds from repayment of loans to affiliates	9,814.6			—			—			—			(9,814.6		)	—
Loans to affiliates	(9,772.2		)	—			—			—			9,772.2			—
Proceeds from disposal of property	—			5.2			—			1.4			—			6.6
Other investing activities	—			(16.5		)	—			1.4			—			(15.1		)
Net cash provided (used)	41.9			(346.5		)	(0.8		)	(195.2		)	(41.4		)	(542.0		)
Financing activities:
Proceeds from short-term borrowings	9,772.2			—			—			—			—			9,772.2
Repayment of short-term borrowings	(9,600.9		)	—			—			—			—			(9,600.9		)
Repayment of long-term debt	—			(2.6		)	(0.1		)	(17.5		)	—			(20.2		)
Dividends paid	(105.1		)	—			—			(5.0		)	5.0			(105.1		)
Shares repurchased	(320.4		)	—			—			—			—			(320.4		)
Proceeds from loans from affiliates	—			9,772.2			—			—			(9,772.2		)	—
Repayment of loans from affiliates	—			(9,814.6		)	—			—			9,814.6			—
Contribution from affiliates	—			—			0.5			0.5			(1.0		)	—
Other financing activities	0.5			—			—			—			—			0.5
Net cash provided (used)	(253.7		)	(45.0		)	0.4			(22.0		)	46.4			(273.9		)
Cash and cash equivalents:
Net increase (decrease)	3.3			22.0			—			(107.5		)	—			(82.2		)
At beginning of year	0.2			32.6			—			137.8			—			170.6
At end of period	$	3.5		$	54.6		$	—		$	30.3		$	—		$	88.4

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

	Nine Months Ended September 30, 2016
	Parent			KCSR			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated KCS
Operating activities:
Net cash provided	$	178.2		$	380.2		$	0.6		$	288.5		$	(163.9	)	$	683.6
Investing activities:
Capital expenditures	—			(269.0		)	(0.5		)	(135.6		)	—			(405.1		)
Purchase or replacement of equipment under operating leases	—			(26.6		)	—			—			—			(26.6		)
Property investments in MSLLC	—			—			—			(31.2		)	—			(31.2		)
Investment in and advances to affiliates	(103.4		)	—			(6.5		)	(0.9		)	109.9			(0.9		)
Proceeds from repayment of loans to affiliates	6,743.5			—			—			—			(6,743.5		)	—
Loans to affiliates	(6,742.5		)	—			—			—			6,742.5			—
Proceeds from disposal of property	—			1.4			—			2.3			(0.1		)	3.6
Other investing activities	—			(10.4		)	—			4.5			0.1			(5.8		)
Net cash used	(102.4		)	(304.6		)	(7.0		)	(160.9		)	108.9			(466.0		)
Financing activities:
Proceeds from short-term borrowings	6,499.0			243.5			—			—			(243.5		)	6,499.0
Repayment of short-term borrowings	(6,579.3		)	—			—			—			—			(6,579.3		)
Proceeds from issuance of long-term debt	248.7			—			—			—			—			248.7
Repayment of long-term debt	—			(2.5		)	(0.1		)	(18.2		)	—			(20.8		)
Dividends paid	(107.2		)	—			—			(162.2		)	162.2			(107.2		)
Shares repurchased	(99.8		)	—			—			—			—			(99.8		)
Proceeds from loans from affiliates	—			6,499.0			—			—			(6,499.0		)	—
Repayment of loans from affiliates	—			(6,743.5		)	—			—			6,743.5			—
Contribution from affiliates	—			96.6			6.5			6.8			(109.9		)	—
Other financing activities	(1.5		)	(0.1		)	—			(1.8		)	1.7			(1.7		)
Net cash provided (used)	(40.1		)	93.0			6.4			(175.4		)	55.0			(61.1		)
Cash and cash equivalents:
Net increase (decrease)	35.7			168.6			—			(47.8		)	—			156.5
At beginning of year	0.2			10.1			0.1			126.2			—			136.6
At end of period	$	35.9		$	178.7		$	0.1		$	78.4		$	—		$	293.1