XML 51 R28.htm IDEA: XBRL DOCUMENT v3.10.0.1
Supplemental Cash Flow Information
12 Months Ended
Dec. 31, 2018
Supplemental Cash Flow Information [Abstract]  
Supplemental Cash Flow Information
Supplemental Cash Flow Information

 
Years Ended December 31,
(In millions)
2018
 
2017
 
2016
 
 
 
 
 
 
Cash paid for:
 
 
 
 
 
Interest
$
63.7

 
27.1

 
20.1

Income taxes, net
90.6

 
83.8

 
64.3



Non-cash Investing and Financing Activities
We acquired armored vehicles, CompuSafe® units and other equipment under capital lease arrangements in the last three years including $51.9 million in 2018, $51.7 million in 2017 and $29.4 million in 2016. Through the fourth quarter of 2018, we paid $16.3 million in scheduled installments on the Maco Transportadora acquisition that was completed in the third quarter of 2017. In 2017, we paid $90.9 million in scheduled installments related to the Maco Transportadora acquisition. These payments are reported as cash outflows from financing activities as the payments were made more than three months after the acquisition date.

Cash Supply Chain Services
In France, we offer services to certain of our customers where we manage some or all of their cash supply chains. Providing this service requires our French subsidiary to take temporary title to the cash received from the management of our customers' cash supply chains until the cash is returned to the customers. As part of this service offering, we have entered into lending arrangements with some of our customers. Cash borrowed under these lending arrangements is used in the process of managing these customers' cash supply chains. The cash for which we have temporary title and the cash borrowed under these customer lending arrangements is restricted and cannot be used for any other purpose other than to service our customers who participate in this service offering.

At December 31, 2018, we held $136.1 million of restricted cash ($10.5 million represented short-term borrowings, $90.3 million represented restricted cash held for customers and $35.3 million represented accrued liabilities). At December 31, 2017, we held $112.6 million of restricted cash ($27.0 million represented short-term borrowings, $74.7 million represented restricted cash held for customers and $10.9 million represented accrued liabilities).

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the consolidated statements of cash flows.
 
December 31,
(In millions)
2018
 
2017
Cash and cash equivalents
$
343.4

 
614.3

Restricted cash
136.1

 
112.6

Total, cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows
$
479.5

 
726.9