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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash Flows from Operating Activities:      
Net income $ 841,100,000 $ 461,000,000.0 $ 696,400,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, depletion, and amortization of intangibles 417,500,000 409,900,000 387,500,000
Amortization of deferred financing costs 4,400,000 2,600,000 23,400,000
Loss on early extinguishment of debt 56,100,000 0 22,200,000
Share-based compensation expense 35,500,000 30,000,000.0 30,400,000
Deferred income tax provision 59,400,000 34,700,000 60,300,000
Goodwill impairment 0 55,200,000 0
Net loss on asset disposals 6,100,000 6,800,000 8,200,000
Pension and post-retirement benefits expense, net of contributions (50,500,000) (63,400,000) (26,900,000)
Other, net 11,900,000 18,200,000 (3,400,000)
(Increase) decrease in assets -      
Accounts receivable (227,200,000) 13,200,000 56,400,000
Inventories (105,500,000) 6,300,000 1,400,000
Prepaid expenses and other current assets (2,700,000) 400,000 (6,900,000)
Increase (decrease) in liabilities —      
Accounts payable 12,200,000 39,700,000 (32,400,000)
Accrued liabilities 37,900,000 (3,200,000) (100,000)
Federal and state income tax payable / receivable (2,100,000) 21,400,000 (9,100,000)
Net cash provided by operating activities 1,094,100,000 1,032,800,000 1,207,400,000
Cash Flows from Investing Activities:      
Additions to property, plant, and equipment (605,100,000) (421,200,000) (399,500,000)
Acquisitions of businesses, net of cash acquired (194,900,000) 0 0
Additions to other long-term assets (1,800,000) (6,400,000) (3,800,000)
Proceeds from asset disposals 7,900,000 4,600,000 4,100,000
Purchases of marketable debt securities (127,400,000) (110,100,000) (157,000,000.0)
Proceeds from sales of marketable debt securities 26,700,000 24,200,000 10,900,000
Proceeds from maturities of marketable debt securities 100,200,000 82,800,000 0
Other, net 0 0 (1,300,000)
Net cash used for investing activities (794,400,000) (426,100,000) (546,600,000)
Cash Flows from Financing Activities:      
Net proceeds received from issuance of debt 690,200,000 0 889,000,000.0
Repayments of debt and finance lease obligations (757,700,000) (1,500,000) (923,400,000)
Financing costs paid (2,400,000) 0 (1,500,000)
Common stock dividends paid (379,800,000) (299,600,000) (298,700,000)
Repurchases of common stock (193,000,000.0) 0 0
Shares withheld to cover employee restricted stock taxes (12,900,000) (10,500,000) (8,200,000)
Net cash used for financing activities (655,600,000) (311,600,000) (342,800,000)
Net increase in cash and cash equivalents (355,900,000) 295,100,000 318,000,000.0
Cash and cash equivalents, beginning of year 974,600,000 679,500,000 361,500,000
Cash and cash equivalents, end of year $ 618,700,000 $ 974,600,000 $ 679,500,000