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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating Activities:      
Net earnings (loss) $ 450.0 $ (158.0) $ 734.0
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:      
Depreciation and amortization 883.0 678.0 480.0
Deferred income taxes (601.0) 739.0 78.0
Stock-based compensation expense 17.0 19.0 17.0
Unrealized net loss (gain) on natural gas and foreign currency derivatives 61.0 (260.0) 163.0
Loss on Embedded Derivative Instrument 4.0 23.0 0.0
Gain on remeasurement of CF Fertilisers UK investment 0.0 0.0 (94.0)
Impairment of equity method investment in PLNL 0.0 134.0 62.0
Gain on sale of equity method investment (14.0) 0.0 43.0
Loss on debt extinguishment 53.0 167.0 0.0
Loss on disposal of property, plant and equipment 3.0 10.0 21.0
Undistributed losses (earnings) of affiliates—net of taxes 3.0 9.0 (3.0)
Changes in:      
Accounts receivable—net (57.0) 18.0 (4.0)
Inventories 40.0 (7.0) (71.0)
Accrued and prepaid income taxes 809.0 (676.0) (148.0)
Accounts payable and accrued expenses (1.0) (18.0) 42.0
Customer advances 48.0 (120.0) (164.0)
Other—net (67.0) 59.0 51.0
Net cash provided by operating activities 1,631.0 617.0 1,207.0
Investing Activities:      
Additions to property, plant and equipment (473.0) (2,211.0) (2,469.0)
Proceeds from sale of property, plant and equipment 20.0 14.0 12.0
Proceeds from sale of equity method investment 16.0 0.0 13.0
Purchase of CF Fertilisers UK, net of cash acquired 0.0 0.0 (552.0)
Proceeds from sale of auction rate securities 9.0 0.0 0.0
Deposits to restricted cash funds     (552.0)
Withdrawals from restricted cash funds 5.0 18.0 63.0
Other—net 1.0 2.0 (43.0)
Net cash used in investing activities (408.0) (2,177.0) (2,976.0)
Financing Activities:      
Proceeds from long-term borrowings 0.0 1,244.0 1,000.0
Payments of long-term borrowings (1,148.0) (1,170.0) 0.0
Proceeds from short-term borrowings 0.0 150.0 367.0
Payments of short-term borrowings 0.0 (150.0) (367.0)
Payment to CHS related to credit provision (5.0) (5.0) 0.0
Financing fees (1.0) (31.0) (47.0)
Purchases of treasury stock 0.0 0.0 (556.0)
Dividends paid on common stock (280.0) (280.0) (282.0)
Issuance of noncontrolling interest in CFN 0.0 2,800.0 0.0
Distributions to noncontrolling interests (131.0) (119.0) (45.0)
Issuances of common stock under employee stock plans 1.0 0.0 8.0
Shares withheld for taxes 0.0 0.0 (1.0)
Other—net   0.0 0.0
Net cash (used in) provided by financing activities (1,564.0) 2,439.0 77.0
Effect of exchange rate changes on cash and cash equivalents 12.0 (1.0) (19.0)
(Decrease) increase in cash and cash equivalents (329.0) 878.0 (1,711.0)
Cash and cash equivalents at beginning of period 1,164.0 286.0 1,997.0
Cash and cash equivalents at end of period 835.0 1,164.0 286.0
Distributions received from unconsolidated affiliates $ 14.0 $ 0.0 $ 0.0