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Statements of Consolidated Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating Activities:    
Net income (loss) $ 32.5 $ (72.7)
Adjustments to reconcile net income (loss) to cash flows from operating activities:    
Depreciation and amortization 71.2 68.3
Lease amortization and accretion expense [1] 52.8 71.1
Lease payments (53.4) (74.6)
Paid-in-kind interest 4.7 4.6
Debt-related amortization 11.7 11.5
Equity-based compensation and employee benefits expense 7.4 8.6
Non-union pension settlement charge 0.0 0.3
(Gains) losses on property disposals, net (8.7) 1.3
Deferred income taxes, net 0.0 (1.0)
Other non-cash items, net (0.2) 0.8
Changes in assets and liabilities, net:    
Accounts receivable (120.5) (128.5)
Accounts payable 44.9 44.0
Other operating assets 13.6 1.2
Other operating liabilities (19.4) 52.4
Net cash provided by (used in) operating activities 36.6 (12.7)
Investing Activities:    
Acquisition of property and equipment (72.6) (346.2)
Proceeds from disposal of property and equipment 9.4 0.6
Net cash provided by (used in) investing activities (63.2) (345.6)
Financing Activities:    
Issuance of long-term debt, net 0.0 306.3
Repayment of long-term debt (12.4) (1.1)
Debt issuance costs 0.0 (0.2)
Payments for tax withheld on equity-based compensation (0.6) (0.4)
Net cash provided by (used in) financing activities (13.0) 304.6
Net Increase (Decrease) In Cash and Cash Equivalents and Restricted Amounts Held in Escrow (39.6) (53.7)
Cash and Cash Equivalents and Restricted Amounts Held in Escrow, Beginning of Period 314.8 478.0
Cash and Cash Equivalents and Restricted Amounts Held in Escrow, End of Period 275.2 424.3
Supplemental Cash Flow Information:    
Interest paid $ (71.0) $ (56.1)
[1] Operating lease cost represents non-cash amortization of ROU assets and accretion of the discounted lease liabilities and is segregated on the statements of consolidated cash flows.