XML 34 R8.htm IDEA: XBRL DOCUMENT v3.20.4
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
OPERATING ACTIVITIES      
Net income (loss) $ 3.2 $ (97.3) $ (1,011.6)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation, depletion and amortization 574.0 540.0 857.1
Deferred income taxes (benefit) 110.6 4.3 (247.6)
Impairment 8.7 5.0 1,560.9
Non-cash share-based compensation 12.4 20.8 30.9
Amortization of debt issuance costs and discounts 4.7 5.4 5.4
Net (gain) loss from asset sales, inclusive of restructuring costs (1.2) (3.9) (25.0)
(Gain) loss from early extinguishment of debt (18.2) 1.0 0.0
Unrealized (gains) losses on marketable securities (3.2) (3.9) 1.2
Unrealized (gains) losses on derivative contracts 59.2 138.3 (248.5)
Accounts receivable 19.2 (4.1) 33.7
Prepaid expenses (2.9) (0.4) (2.0)
Accounts payable and accrued expenses (42.4) (40.4) (74.2)
Income taxes receivable 4.2 38.4 (71.0)
Other (55.1) (36.3) 6.9
Net Cash Provided by (Used in) Operating Activities 673.2 566.9 816.2
INVESTING ACTIVITIES      
Property acquisitions (4.1) (3.5) (65.6)
Expenditures for property, plant and equipment (353.5) (562.7) (1,234.1)
Proceeds from disposition of assets 13.8 678.9 243.6
Net Cash Provided by (Used in) Investing Activities (343.8) 112.7 (1,056.1)
FINANCING ACTIVITIES      
Checks outstanding in excess of cash balances (16.1) 3.7 (29.5)
Long-term debt issuance costs paid (0.6) 0.0 (0.1)
Long-term debt extinguishment costs paid 0.0 (1.0) 0.0
Repurchases and redemptions of senior notes (410.3) (66.9) 0.0
Proceeds from credit facility 37.0 56.1 3,608.0
Repayments of credit facility (37.0) (486.0) (3,267.0)
Common stock repurchased and retired 0.0 0.0 (58.4)
Treasury stock repurchases (1.7) (7.6) (8.7)
Dividends paid (4.8) (9.6) 0.0
Other capital contributions 0.0 0.0 0.3
Net Cash Provided by (Used in) Financing Activities (433.5) (511.3) 244.6
Change in cash, cash equivalents and restricted cash(1) (104.1) 168.3 4.7
Beginning cash, cash equivalents and restricted cash(1) 196.4 28.1 23.4
Ending cash, cash equivalents and restricted cash(1) $ 92.3 $ 196.4 $ 28.1