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GUARANTEES OF REGISTERED SECURITIES (Tables)
 12 Months Ended
Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Guarantor Financial Statements
Rowan Companies plc and Subsidiaries
Condensed Consolidating Statements of Operations
Year ended December 31, 2016
(In millions)
 
Rowan plc (Parent)
 
RCI (Issuer)
 
Non-guarantor subsidiaries
 
Consolidating adjustments
 
Consolidated
REVENUES
$
—

 
$
40.4

 
$
1,836.9

 
$
(34.1
)
 
$
1,843.2

 
 
 
 
 
 
 
 
 
 
COSTS AND EXPENSES:
 

 
 

 
 

 
 

 
 

Direct operating costs (excluding items below)
—

 
12.2

 
795.1

 
(29.1
)
 
778.2

Depreciation and amortization
—

 
19.2

 
382.7

 
1.0

 
402.9

Selling, general and administrative
28.5

 
5.4

 
74.2

 
(6.0
)
 
102.1

Loss on disposals of property and equipment
—

 
0.9

 
7.8

 
—

 
8.7

Material charges and other operating items
—

 
—

 
32.9

 
—

 
32.9

Total costs and expenses
28.5

 
37.7

 
1,292.7

 
(34.1
)
 
1,324.8

 
 
 
 
 
 
 
 
 
 
INCOME (LOSS) FROM OPERATIONS
(28.5
)
 
2.7

 
544.2

 
—

 
518.4

 
 
 
 
 
 
 
 
 
 
OTHER INCOME (EXPENSE):
 

 
 

 
 

 
 

 
 

Interest expense, net of interest capitalized
—

 
(155.5
)
 
(4.1
)
 
4.1

 
(155.5
)
Interest income
—

 
5.1

 
2.8

 
(4.1
)
 
3.8

Loss on extinguishment of debt
—

 
(31.2
)
 
—

 
—

 
(31.2
)
Other - net
21.2

 
(21.2
)
 
(9.9
)
 
—

 
(9.9
)
Total other income (expense) - net
21.2

 
(202.8
)
 
(11.2
)
 
—

 
(192.8
)
 
 
 
 
 
 
 
 
 
 
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES
(7.3
)
 
(200.1
)
 
533.0

 
—

 
325.6

Provision for income taxes
—

 
66.3

 
(6.7
)
 
(54.6
)
 
5.0

 
 
 
 
 
 
 
 
 
 
INCOME (LOSS) FROM CONTINUING OPERATIONS
(7.3
)
 
(266.4
)
 
539.7

 
54.6

 
320.6

 
 
 
 
 
 
 
 
 
 
DISCONTINUED OPERATIONS, NET OF TAX
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
EQUITY IN EARNINGS OF SUBSIDIARIES, NET OF TAX
327.9

 
33.9

 
—

 
(361.8
)
 
—

 
 
 
 
 
 
 
 
 
 
NET INCOME (LOSS)
$
320.6

 
$
(232.5
)
 
$
539.7

 
$
(307.2
)
 
$
320.6

Rowan Companies plc and Subsidiaries
Condensed Consolidating Statements of Operations
Year ended December 31, 2015
(In millions)
 
Rowan plc (Parent)
 
RCI (Issuer)
 
Non-guarantor subsidiaries
 
Consolidating adjustments
 
Consolidated
REVENUES
$
—

 
$
60.0

 
$
2,133.4

 
$
(56.4
)
 
$
2,137.0

 
 
 
 
 
 
 
 
 
 
COSTS AND EXPENSES:
 

 
 

 
 

 
 

 
 

Direct operating costs (excluding items below)
—

 
15.0

 
1,028.5

 
(50.4
)
 
993.1

Depreciation and amortization
—

 
19.5

 
370.4

 
1.5

 
391.4

Selling, general and administrative
26.2

 
5.4

 
91.7

 
(7.5
)
 
115.8

(Gain) loss on disposals of property and equipment
—

 
0.9

 
(8.6
)
 
—

 
(7.7
)
Material charges and other operating items
—

 
—

 
337.3

 
—

 
337.3

Total costs and expenses
26.2

 
40.8

 
1,819.3

 
(56.4
)
 
1,829.9

 
 
 
 
 
 
 
 
 
 
INCOME (LOSS) FROM OPERATIONS
(26.2
)
 
19.2

 
314.1

 
—

 
307.1

 
 
 
 
 
 
 
 
 
 
OTHER INCOME (EXPENSE):
 

 
 

 
 

 
 

 
 

Interest expense, net of interest capitalized
—

 
(145.3
)
 
(22.8
)
 
22.8

 
(145.3
)
Interest income
0.8

 
22.1

 
1.0

 
(22.8
)
 
1.1

Loss on extinguishment of debt
—

 
(1.5
)
 
—

 
—

 
(1.5
)
Other - net
22.3

 
(22.0
)
 
(4.0
)
 
—

 
(3.7
)
Total other income (expense) - net
23.1

 
(146.7
)
 
(25.8
)
 
—

 
(149.4
)
 
 
 
 
 
 
 
 
 
 
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES
(3.1
)
 
(127.5
)
 
288.3

 
—

 
157.7

Provision for income taxes
—

 
29.7

 
48.6

 
(13.9
)
 
64.4

 
 
 
 
 
 
 
 
 
 
INCOME (LOSS) FROM CONTINUING OPERATIONS
(3.1
)
 
(157.2
)
 
239.7

 
13.9

 
93.3

 
 
 
 
 
 
 
 
 
 
DISCONTINUED OPERATIONS, NET OF TAX
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
EQUITY IN EARNINGS (LOSSES) OF SUBSIDIARIES, NET OF TAX
96.4

 
(136.4
)
 
—

 
40.0

 
—

 
 
 
 
 
 
 
 
 
 
NET INCOME (LOSS)
$
93.3

 
$
(293.6
)
 
$
239.7

 
$
53.9

 
$
93.3

Rowan Companies plc and Subsidiaries
Condensed Consolidating Statements of Operations
Year ended December 31, 2014
(In millions)
 
Rowan plc (Parent)
 
RCI (Issuer)
 
Non-guarantor subsidiaries
 
Consolidating adjustments
 
Consolidated
REVENUES
$
—

 
$
63.8

 
$
1,824.6

 
$
(64.0
)
 
$
1,824.4

 
 
 
 
 
 
 
 
 
 
COSTS AND EXPENSES:
 

 
 

 
 

 
 

 
 

Direct operating costs (excluding items below)
—

 
3.7

 
1,048.2

 
(60.6
)
 
991.3

Depreciation and amortization
—

 
13.7

 
307.7

 
1.2

 
322.6

Selling, general and administrative
26.3

 
—

 
104.1

 
(4.6
)
 
125.8

(Gain) loss on disposals of property and equipment
—

 
(4.9
)
 
3.2

 
—

 
(1.7
)
Gain on litigation settlement
—

 
—

 
(20.9
)
 
—

 
(20.9
)
Material charges and other operating items
—

 
12.2

 
561.8

 
—

 
574.0

Total costs and expenses
26.3

 
24.7

 
2,004.1

 
(64.0
)
 
1,991.1

 
 
 
 
 
 
 
 
 
 
INCOME (LOSS) FROM OPERATIONS
(26.3
)
 
39.1

 
(179.5
)
 
—

 
(166.7
)
 
 
 
 
 
 
 
 
 
 
OTHER INCOME (EXPENSE):
 

 
 

 
 

 
 

 
 

Interest expense, net of interest capitalized
—

 
(103.9
)
 
(3.1
)
 
3.1

 
(103.9
)
Interest income
0.3

 
3.5

 
1.1

 
(3.1
)
 
1.8

Other - net
22.4

 
(22.3
)
 
(0.9
)
 
—

 
(0.8
)
Total other income (expense) - net
22.7

 
(122.7
)
 
(2.9
)
 
—

 
(102.9
)
 
 
 
 
 
 
 
 
 
 
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES
(3.6
)
 
(83.6
)
 
(182.4
)
 
—

 
(269.6
)
Benefit for income taxes
—

 
(116.6
)
 
(36.2
)
 
2.1

 
(150.7
)
 
 
 
 
 
 
 
 
 
 
INCOME (LOSS) FROM CONTINUING OPERATIONS
(3.6
)
 
33.0

 
(146.2
)
 
(2.1
)
 
(118.9
)
 
 
 
 
 
 
 
 
 
 
DISCONTINUED OPERATIONS, NET OF TAX
—

 
4.0

 
—

 
—

 
4.0

 
 
 
 
 
 
 
 
 
 
EQUITY IN LOSSES OF SUBSIDIARIES, NET OF TAX
(111.3
)
 
(141.7
)
 
—

 
253.0

 
—

 
 
 
 
 
 
 
 
 
 
NET LOSS
$
(114.9
)
 
$
(104.7
)
 
$
(146.2
)
 
$
250.9

 
$
(114.9
)
Rowan Companies plc and Subsidiaries
Condensed Consolidating Statements of Comprehensive Income (Loss)
Year ended December 31, 2016
(In millions)
 
Rowan plc (Parent)
 
RCI (Issuer)
 
Non-guarantor subsidiaries
 
Consolidating adjustments
 
Consolidated
NET INCOME (LOSS)
$
320.6

 
$
(232.5
)
 
$
539.7

 
$
(307.2
)
 
$
320.6

 
 
 
 
 
 
 
 
 
 
OTHER COMPREHENSIVE INCOME:
 

 
 

 
 

 
 

 
 

Net changes in pension and other postretirement plan assets and benefit obligations recognized in other comprehensive income, net of income taxes
(5.1
)
 
(5.1
)
 
—

 
5.1

 
(5.1
)
Net reclassification adjustments for amount recognized in net income (loss) as a component of net periodic benefit cost, net of income taxes
7.4

 
7.4

 
—

 
(7.4
)
 
7.4

 
 
 
 
 
 
 
—

 
 
 
2.3

 
2.3

 
—

 
(2.3
)
 
2.3

 
 
 
 
 
 
 
 
 
 
COMPREHENSIVE INCOME (LOSS)
$
322.9

 
$
(230.2
)
 
$
539.7

 
$
(309.5
)
 
$
322.9



Rowan Companies plc and Subsidiaries
Condensed Consolidating Statements of Comprehensive Income (Loss)
Year ended December 31, 2015
(In millions)
 
Rowan plc (Parent)
 
RCI (Issuer)
 
Non-guarantor subsidiaries
 
Consolidating adjustments
 
Consolidated
NET INCOME (LOSS)
$
93.3

 
$
(293.6
)
 
$
239.7

 
$
53.9

 
$
93.3

 
 
 
 
 
 
 
 
 
 
OTHER COMPREHENSIVE INCOME:
 

 
 

 
 

 
 

 
 

Net changes in pension and other postretirement plan assets and benefit obligations recognized in other comprehensive income, net of income taxes
7.0

 
7.0

 
—

 
(7.0
)
 
7.0

Net reclassification adjustments for amount recognized in net income (loss) as a component of net periodic benefit cost, net of income taxes
13.8

 
13.8

 
—

 
(13.8
)
 
13.8

 
 
 
 
 
 
 
 
 
 
 
20.8

 
20.8

 
—

 
(20.8
)
 
20.8

 
 
 
 
 
 
 
 
 
 
COMPREHENSIVE INCOME (LOSS)
$
114.1

 
$
(272.8
)
 
$
239.7

 
$
33.1

 
$
114.1







Rowan Companies plc and Subsidiaries
Condensed Consolidating Statements of Comprehensive Income (Loss)
Year ended December 31, 2014
(In millions)
 
Rowan plc (Parent)
 
RCI (Issuer)
 
Non-guarantor subsidiaries
 
Consolidating adjustments
 
Consolidated
NET LOSS
$
(114.9
)
 
$
(104.7
)
 
$
(146.2
)
 
$
250.9

 
$
(114.9
)
 
 
 
 
 
 
 
 
 
 
OTHER COMPREHENSIVE INCOME (LOSS):
 

 
 

 
 

 
 

 
 

Net changes in pension and other postretirement plan assets and benefit obligations recognized in other comprehensive income, net of income taxes
(87.3
)
 
(87.3
)
 
—

 
87.3

 
(87.3
)
Net reclassification adjustments for amount recognized in net loss as a component of net periodic benefit cost, net of income taxes
9.8

 
9.8

 
—

 
(9.8
)
 
9.8

 
 
 
 
 
 
 
 
 
 
 
(77.5
)
 
(77.5
)
 
—

 
77.5

 
(77.5
)
 
 
 
 
 
 
 
 
 
 
COMPREHENSIVE LOSS
$
(192.4
)
 
$
(182.2
)
 
$
(146.2
)
 
$
328.4

 
$
(192.4
)
Rowan Companies plc and Subsidiaries
Condensed Consolidating Balance Sheets
December 31, 2016
(In millions)
 
Rowan plc (Parent)
 
RCI (Issuer)
 
Non-guarantor subsidiaries
 
Consolidating adjustments
 
Consolidated
CURRENT ASSETS:
 

 
 

 
 

 
 

 
 

Cash and cash equivalents
$
3.7

 
$
532.0

 
$
719.8

 
$
—

 
$
1,255.5

Receivables - trade and other
—

 
1.8

 
299.5

 
—

 
301.3

Prepaid expenses and other current assets
0.3

 
12.9

 
10.3

 
—

 
23.5

Total current assets
4.0

 
546.7

 
1,029.6

 
—

 
1,580.3

 
 
 
 
 
 
 
 
 
 
Property and equipment - gross
—

 
631.0

 
8,469.8

 
—

 
9,100.8

Less accumulated depreciation and amortization
—

 
273.8

 
1,767.0

 
—

 
2,040.8

Property and equipment - net
—

 
357.2

 
6,702.8

 
—

 
7,060.0

 
 
 
 
 
 
 
 
 
 
Investments in subsidiaries
5,115.8

 
6,097.9

 
—

 
(11,213.7
)
 
—

Due from affiliates
0.4

 
437.2

 
64.2

 
(501.8
)
 
—

Other assets
—

 
5.6

 
29.7

 
—

 
35.3

 
$
5,120.2

 
$
7,444.6

 
$
7,826.3

 
$
(11,715.5
)
 
$
8,675.6

 
 
 
 
 
 
 
 
 
 
CURRENT LIABILITIES:
 

 
 

 
 

 
 

 
 

Current portion of long-term debt
$
—

 
$
126.8

 
$
—

 
$
—

 
$
126.8

Accounts payable - trade
0.4

 
22.4

 
71.5

 
—

 
94.3

Deferred revenues
—

 
0.1

 
103.8

 
—

 
103.9

Accrued liabilities
0.3

 
107.4

 
51.1

 
—

 
158.8

Total current liabilities
0.7

 
256.7

 
226.4

 
—

 
483.8

 
 
 
 
 
 
 
 
 
 
Long-term debt, less current portion
—

 
2,553.4

 
—

 
—

 
2,553.4

Due to affiliates
0.4

 
63.9

 
437.5

 
(501.8
)
 
—

Other liabilities
5.2

 
283.9

 
49.7

 
—

 
338.8

Deferred income taxes - net
—

 
598.3

 
139.3

 
(551.9
)
 
185.7

Shareholders' equity
5,113.9

 
3,688.4

 
6,973.4

 
(10,661.8
)
 
5,113.9

 
$
5,120.2

 
$
7,444.6

 
$
7,826.3

 
$
(11,715.5
)
 
$
8,675.6


Rowan Companies plc and Subsidiaries
Condensed Consolidating Balance Sheets
December 31, 2015
(In millions)
 
Rowan plc (Parent)
 
RCI (Issuer)
 
Non-guarantor subsidiaries
 
Consolidating adjustments
 
Consolidated
CURRENT ASSETS:
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
17.3

 
$
9.5

 
$
457.4

 
$
—

 
$
484.2

Receivables - trade and other
0.1

 
1.4

 
409.0

 
—

 
410.5

Prepaid expenses and other current assets
0.4

 
19.3

 
6.9

 
—

 
26.6

Total current assets
17.8

 
30.2

 
873.3

 
—

 
921.3

 
 
 
 
 
 
 
 
 
 
Property and equipment - gross
—

 
592.8

 
8,475.3

 
—

 
9,068.1

Less accumulated depreciation and amortization
—

 
242.7

 
1,419.6

 
—

 
1,662.3

Property and equipment - net
—

 
350.1

 
7,055.7

 
—

 
7,405.8

 
 
 
 
 
 
 
 
 
 
Investments in subsidiaries
4,763.3

 
6,026.5

 
—

 
(10,789.8
)
 
—

Due from affiliates
0.6

 
1,218.2

 
55.8

 
(1,274.6
)
 
—

Other assets
—

 
5.0

 
15.2

 
—

 
20.2

 
4,781.7

 
7,630.0

 
8,000.0

 
(12,064.4
)
 
8,347.3

 
 
 
 
 
 
 
 
 
 
CURRENT LIABILITIES:
 

 
 

 
 

 
 

 
 

Current portion of long-term debt
—

 
—

 
—

 
—

 
—

Accounts payable - trade
1.0

 
19.1

 
89.5

 
—

 
109.6

Deferred revenues
—

 
—

 
33.1

 
—

 
33.1

Accrued liabilities
0.7

 
119.4

 
65.9

 
—

 
186.0

Total current liabilities
1.7

 
138.5

 
188.5

 
—

 
328.7

 
 
 
 
 
 
 
 
 
 
Long-term debt, less current portion
—

 
2,692.4

 
—

 
—

 
2,692.4

Due to affiliates
2.9

 
55.8

 
1,215.9

 
(1,274.6
)
 
—

Other liabilities
4.6

 
304.7

 
48.6

 
—

 
357.9

Deferred income taxes - net
—

 
544.5

 
150.8

 
(499.5
)
 
195.8

Shareholders' equity
4,772.5

 
3,894.1

 
6,396.2

 
(10,290.3
)
 
4,772.5

 
$
4,781.7

 
$
7,630.0

 
$
8,000.0

 
$
(12,064.4
)
 
$
8,347.3

Rowan Companies plc and Subsidiaries
Condensed Consolidating Statements of Cash Flows
Year ended December 31, 2016
(In millions)
 
Rowan plc (Parent)
 
RCI (Issuer)
 
Non-guarantor subsidiaries
 
Consolidating adjustments
 
Consolidated
NET CASH PROVIDED BY (USED IN) OPERATIONS
$
(11.4
)
 
$
(82.8
)
 
$
1,101.3

 
$
(106.5
)
 
$
900.6

 
 
 
 
 
 
 
 
 
 
CASH FLOWS FROM INVESTING ACTIVITIES:
 

 
 

 
 

 
 

 
 

Capital expenditures
—

 
(44.5
)
 
(73.1
)
 
—

 
(117.6
)
Proceeds from disposals of property and equipment
—

 
0.4

 
5.8

 
—

 
6.2

Collections on subsidiary note receivable
—

 
689.7

 
—

 
(689.7
)
 
—

Investments in consolidated subsidiaries
(0.2
)
 
(80.6
)
 
—

 
80.8

 
—

 
 
 
 
 
 
 
 
 
 
Net cash provided by (used in) investing activities
(0.2
)
 
565.0

 
(67.3
)
 
(608.9
)
 
(111.4
)
 
 
 
 
 
 
 
 
 
 
CASH FLOWS FROM FINANCING ACTIVITIES:
 

 
 

 
 

 
 

 
 

Advances (to) from affiliates
(2.0
)
 
58.2

 
(53.0
)
 
(3.2
)
 
—

Contributions from issuer
—

 
—

 
80.8

 
(80.8
)
 
—

Proceeds from borrowings
—

 
500.0

 
—

 
—

 
500.0

Repayments of borrowings
—

 
(511.8
)
 
(689.7
)
 
689.7

 
(511.8
)
Dividends paid
—

 
—

 
(109.7
)
 
109.7

 
—

Debt issue costs
—

 
(8.7
)
 
—

 
—

 
(8.7
)
Excess tax benefits from share-based compensation
—

 
2.6

 
—

 
—

 
2.6

 
 
 
 
 
 
 
 
 
 
Net cash provided by (used in) financing  activities
(2.0
)
 
40.3

 
(771.6
)
 
715.4

 
(17.9
)
 
 
 
 
 
 
 
 
 
 
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
(13.6
)
 
522.5

 
262.4

 
—

 
771.3

CASH AND CASH EQUIVALENTS,
BEGINNING OF PERIOD
17.3

 
9.5

 
457.4

 
—

 
484.2

 
 
 
 
 
 
 
 
 
 
CASH AND CASH EQUIVALENTS,
END OF PERIOD
$
3.7

 
$
532.0

 
$
719.8

 
$
—

 
$
1,255.5

Rowan Companies plc and Subsidiaries
Condensed Consolidating Statements of Cash Flows
Year ended December 31, 2015
(In millions)
 
Rowan plc (Parent)
 
RCI (Issuer)
 
Non-guarantor subsidiaries
 
Consolidating adjustments
 
Consolidated
NET CASH PROVIDED BY (USED IN) OPERATIONS
$
(7.5
)
 
$
4.7

 
$
1,047.1

 
$
(47.4
)
 
$
996.9

 
 
 
 
 
 
 
 
 
 
CASH FLOWS FROM INVESTING ACTIVITIES:
 

 
 

 
 

 
 

 
 

Capital expenditures
—

 
(23.2
)
 
(699.7
)
 
—

 
(722.9
)
Proceeds  from  disposals  of  property and  equipment
—

 
2.9

 
16.5

 
—

 
19.4

Advances on subsidiary note receivable
—

 
(481.3
)
 
—

 
481.3

 
—

Collections on subsidiary note receivable
36.6

 
503.5

 
—

 
(540.1
)
 
—

Investments in consolidated subsidiaries
0.2

 
(37.7
)
 
—

 
37.5

 
—

 
 
 
 
 
 
 
 
 
 
Net cash provided by (used in) investing activities
36.8

 
(35.8
)
 
(683.2
)
 
(21.3
)
 
(703.5
)
 
 
 
 
 
 
 
 
 
 
CASH FLOWS FROM FINANCING ACTIVITES:
 

 
 

 
 

 
 

 
 

Advances (to) from affiliates
(7.4
)
 
89.9

 
(80.9
)
 
(1.6
)
 
—

Contributions from issuer
—

 
—

 
37.5

 
(37.5
)
 
—

Proceeds from borrowings
—

 
220.0

 
481.3

 
(481.3
)
 
220.0

Repayments of borrowings
—

 
(317.9
)
 
(540.1
)
 
540.1

 
(317.9
)
Dividends paid
(50.5
)
 
—

 
(49.0
)
 
49.0

 
(50.5
)
 
 
 
 
 
 
 
 
 
 
Net cash used in financing activities
(57.9
)
 
(8.0
)
 
(151.2
)
 
68.7

 
(148.4
)
 
 
 
 
 
 
 
 
 
 
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
(28.6
)
 
(39.1
)
 
212.7

 
—

 
145.0

CASH AND CASH EQUIVALENTS,
BEGINNING OF PERIOD
45.9

 
48.6

 
244.7

 
—

 
339.2

 
 
 
 
 
 
 
 
 
 
CASH  AND  CASH  EQUIVALENTS,
END OF PERIOD
$
17.3

 
$
9.5

 
$
457.4

 
$
—

 
$
484.2

Rowan Companies plc and Subsidiaries
Condensed Consolidating Statements of Cash Flows
Year ended December 31, 2014
(In millions)
 
Rowan plc (Parent)
 
RCI (Issuer)
 
Non-guarantor subsidiaries
 
Consolidating adjustments
 
Consolidated
NET CASH PROVIDED BY OPERATIONS
$
63.8

 
$
82.5

 
$
452.9

 
$
(176.2
)
 
$
423.0

 
 
 
 
 
 
 
 
 
 
CASH FLOWS FROM INVESTING ACTIVITIES:
 

 
 

 
 

 
 

 
 

Capital expenditures
—

 
(21.1
)
 
(1,937.1
)
 
—

 
(1,958.2
)
Proceeds  from  disposals  of  property and equipment
—

 
14.6

 
7.4

 
—

 
22.0

Investments in consolidated subsidiaries
—

 
(105.3
)
 
—

 
105.3

 
—

 
 
 
 
 
 
 
 
 
 
Net cash used in investing activities
—

 
(111.8
)
 
(1,929.7
)
 
105.3

 
(1,936.2
)
 
 
 
 
 
 
 
 
 
 
CASH FLOWS FROM FINANCING ACTIVITIES:
 

 
 

 
 

 
 

 
 

Advances (to) from affiliates
(49.2
)
 
(731.8
)
 
782.2

 
(1.2
)
 
—

Contributions from issuer
—

 
—

 
105.3

 
(105.3
)
 
—

Proceeds from borrowings
—

 
793.4

 
—

 
—

 
793.4

Dividends paid
(37.7
)
 
(75.0
)
 
(102.4
)
 
177.4

 
(37.7
)
Debt issue costs
—

 
(0.7
)
 
—

 
—

 
(0.7
)
Proceeds from exercise of share options
4.7

 
—

 
—

 
—

 
4.7

Excess tax benefits from share-based compensation
—

 
(0.1
)
 
—

 
—

 
(0.1
)
 
 
 
 
 
 
 
 
 
 
Net cash provided by (used in) financing activities
(82.2
)
 
(14.2
)
 
785.1

 
70.9

 
759.6

 
 
 
 
 
 
 
 
 
 
DECREASE IN CASH AND CASH EQUIVALENTS
(18.4
)
 
(43.5
)
 
(691.7
)
 
—

 
(753.6
)
CASH AND CASH EQUIVALENTS,
BEGINNING OF PERIOD
64.3

 
92.1

 
936.4

 
—

 
1,092.8

 
 
 
 
 
 
 
 
 
 
CASH AND CASH EQUIVALENTS,
END OF PERIOD
$
45.9

 
$
48.6

 
$
244.7

 
$
—

 
$
339.2