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Unaudited Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Loss Contingency, Receivable, Proceeds   $ 0
OPERATING ACTIVITIES    
Net loss $ 271,483 51,390
Non-cash and non-operating items:    
Depreciation and amortization 219,589 205,238
Unrealized Gain (Loss) on Derivatives and Loss on Sale of Warrants 38,803  
Unrealized loss (gain) on derivative instruments and loss on sale of warrants (note 16)   93,817
Write-down and loss on sales of vessels (note 7) 179,113 53,693
Loss on deconsolidation of Teekay Offshore (note 4) 0 7,070
Equity loss (income), net of dividends received 71,797 (28,382)
Income tax expense (note 17) 11,531 17,197
Unrealized (losses) gains (28,532) 31,098
Other 30,603 20,982
Proceeds from Lease Payments 9,242 0
Change in operating assets and liabilities 41,729 (41,424)
Expenditures for dry docking (46,266) (28,782)
Net Cash Provided by (Used in) Operating Activities 256,126 84,413
Proceeds from Short-term Debt 125,000 0
FINANCING ACTIVITIES    
Proceeds from issuance of long-term debt, net of issuance costs 449,686 843,854
Payment for Debt Extinguishment or Debt Prepayment Cost 774,401 681,664
Scheduled repayments of long-term debt and settlement of related swaps (note 10) (171,946) (265,868)
Repayments of Short-term Debt (75,000) 0
Proceeds from financing related to sale-leaseback of vessels 381,526 526,692
Finance Lease, Principal Payments 72,559 54,122
Repayments of obligations related to finance leases (111,617) 0
Net proceeds from equity issuances of Teekay Corporation (note 11) 0 103,657
Repurchase of Teekay LNG common units (25,729) 0
Distributions paid from subsidiaries to non-controlling interests (46,982) (49,124)
Payments of Ordinary Dividends 5,523 16,637
Other financing activities (580) (595)
Net Cash Provided by (Used in) Financing Activities (328,125) 406,193
INVESTING ACTIVITIES    
Expenditures for vessels and equipment, net of warranty settlement $44,890 (2018 – $nil) (note 12a) (98,713) (564,464)
Proceeds from sale of equity-accounted investments and related assets (note 4) 100,000 54,438
Payments to Acquire Equity Method Investments 42,171 32,758
Loans to joint ventures and joint venture partners 0 (24,957)
Cash of transferred subsidiaries on sale, net of proceeds received (note 4) 0 25,254
Other investing activities 0 8,678
Net Cash Provided by (Used in) Investing Activities (40,884) (584,317)
Decrease in cash, cash equivalents and restricted cash (112,883) (93,711)
Cash, cash equivalents, restricted cash and restricted cash equivalents, beginning balance 505,639 552,174
Cash, cash equivalents, restricted cash and restricted cash equivalents, ending balance $ 392,756 458,463
Accounting Standards Update 2016-02 [Member]    
Non-cash and non-operating items:    
Proceeds from Lease Payments   $ 8,400