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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Net cash flows from operating activities:    
Net income (loss) $ 413,801 $ (94,108)
Adjustments to reconcile net income (loss) to net cash provided by operations:    
Deferred income tax provision (benefit) 233,585 (31,009)
Depreciation and amortization of property, equipment and leasehold improvements 77,281 50,102
Other amortization 57,425 22,075
Share-based compensation 10,732 18,843
Excess tax benefit from exercise of stock options   (242)
Provision for doubtful accounts 8,920 157
Net securities gains (581,669) (539,215)
(Income) losses related to associated companies (105,391) 728,440
Distributions from associated companies 77,632 37,454
Net gains related to real estate, property and equipment, and other assets (5,289) (92,194)
Income related to Fortescue's Pilbara project, net of proceeds received 107,881 21,994
(Gain) loss on disposal of discontinued operations 7,117 (2,612)
Change in estimated litigation reserve   (2,241)
Net change in:    
Trade, notes and other receivables (32,557) (6,990)
Inventory 1,495 3,058
Prepaids and other assets 7,116 505
Trade payables and expense accruals (11,699) (51,308)
Other liabilities 7,799 (36,259)
Income taxes payable (9,183) (7,895)
Other (1,883) 4,399
Net cash provided by operating activities 263,113 22,954
Net cash flows from investing activities:    
Acquisitions of property, equipment and leasehold improvements (51,161) (30,889)
Acquisitions of and capital expenditures for real estate investments (4,885) (7,768)
Proceeds from disposals of real estate, property and equipment, and other assets 8,779 24,095
Net change in restricted cash 4,769 10,472
Proceeds from disposal of discontinued operations, net of expenses and cash of operations sold 26,611 3,192
Acquisitions, net of cash acquired (25,232) (86,206)
Advances on notes and other receivables (2,907) (3,650)
Collections on notes, loans and other receivables 16,549 14,348
Investments in associated companies (2,457) (560,082)
Capital distributions and loan repayment from associated companies 464,162 292,543
Purchases of investments (other than short-term) (1,114,280) (2,896,466)
Proceeds from maturities of investments 245,194 344,014
Proceeds from sales of investments 1,363,132 2,780,148
Other 1,650 3,498
Net cash provided by (used for) investing activities 929,924 (112,751)
Net cash flows from financing activities:    
Issuance of debt, net of issuance costs 1,022 99,737
Reduction of debt (571,551) (144,183)
Issuance of common shares   7,126
Distributions to redeemable noncontrolling interests (12,722)  
Excess tax benefit from exercise of stock options   242
Other (6,132) (8,195)
Net cash used for financing activities (589,383) (45,273)
Net increase (decrease) in cash and cash equivalents 603,654 (135,070)
Cash and cash equivalents at January 1, 168,490 441,340
Cash and cash equivalents at September 30, 772,144 306,270
Supplemental disclosures of cash flow information:    
Interest 99,253 110,654
Income tax payments, net $ 36,620 $ 24,417