XML 45 R6.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income (loss) $ (316.0) $ (63.8)
Depreciation 166.6 146.3
Amortization 17.0 15.9
Impairment of Magnetation investment 256.3 0.0
Deferred income taxes 37.8 6.3
Pension and OPEB expense (income) (48.1) (74.2)
Contributions to pension trust (24.1) (196.5)
Other postretirement benefit payments (32.9) (48.8)
Other operating items, net 24.6 (14.1)
Net cash flows from operating activities 200.1 (380.6)
Cash flows from investing activities:    
Capital investments (71.0) (39.3)
Investments in Magnetation joint venture 0.0 (90.0)
Investment in acquired business, net of cash acquired 0.0 (677.2)
Proceeds from sale of equity investee 25.0 0.0
Other investing items, net 1.5 15.4
Net cash flows from investing activities (44.5) (791.1)
Cash flows from financing activities:    
Net borrowings (payments) under credit facility (55.0) 470.0
Proceeds from issuance of long-term debt 0.0 427.1
Redemption of long-term debt (10.1) (0.6)
Proceeds from issuance of common stock 0.0 345.3
Debt issuance costs 0.0 (10.6)
SunCoke Middletown distributions to noncontrolling interest owners (69.7) (40.6)
Other financing items, net (1.0) (3.4)
Net cash flows from financing activities (135.8) 1,187.2
Net increase (decrease) in cash and cash equivalents 19.8 15.5
Cash and cash equivalents, beginning of period 70.2 45.3
Cash and cash equivalents, end of period 90.0 60.8
Consolidated Entity Excluding Variable Interest Entities (VIE) [Member]    
Cash flows from operating activities:    
Depreciation 155.9 135.6
Changes in working capital 111.9 (134.9)
Cash flows from investing activities:    
Capital investments (70.1) (38.2)
Variable Interest Entity, Primary Beneficiary [Member] | SunCoke Middletown [Member]    
Cash flows from operating activities:    
Depreciation 10.7 10.7
Changes in working capital 10.1 (13.7)
Net cash flows from operating activities 68.2 43.8
Cash flows from investing activities:    
Capital investments (0.9) (1.1)
Cash flows from financing activities:    
SunCoke Middletown distributions to noncontrolling interest owners (69.7) (40.6)
Cash and cash equivalents, beginning of period 18.2  
Cash and cash equivalents, end of period 15.9  
Zanesville Works Retiree Healthcare Benefits Litigation [Member]    
Cash flows from operating activities:    
Contribution to retirees VEBA $ (3.1) $ (3.1)