27. Supplemental Condensed Consolidating Financial Information

Certain 100 percent owned subsidiaries of the Company serve as guarantors of the obligations under the Credit Agreement and $400 million Notes (“Guarantor Subsidiaries”). These guarantees are full and unconditional (subject, in the case of the Guarantor Subsidiaries, to customary release provisions as described below) and joint and several. For purposes of the following footnote, SunCoke Energy, Inc. is referred to as “Issuer.” The indenture dated July 26, 2011 among the Company, the guarantors party thereto and The Bank of New York Mellon Trust Company, N.A., governs subsidiaries designated as “Guarantor Subsidiaries.” All other consolidated subsidiaries of the Company are collectively referred to as “Non-Guarantor Subsidiaries.” Prior to the Separation Date, the Company was a wholly-owned subsidiary of Sunoco. Therefore, there is no parent entity for purposes of this footnote for periods prior to the Separation Date.

In connection with the closing of the Partnership offering, we entered into an amendment to our Credit Agreement (see Note 16 for additional information). In conjunction with the amendment, we designated Middletown Coke Company, LLC and Haverhill Coke Company LLC as unrestricted subsidiaries. As such, they are presented as "Non-Guarantor Subsidiaries." Prior periods have been restated to reflect this change.

The ability of the Partnership and Indiana Harbor to pay dividends and make loans to the Company is restricted under the partnership agreements of the Partnership and Indiana Harbor, respectively. The credit agreement governing the Partnership's credit facility and the indenture governing the Partnership Notes contain customary provisions which would potentially restrict the Partnership's ability to make distributions or loans to the Company under certain circumstances. For the year ended December 31, 2013, less than 25 percent of net assets were restricted.

The guarantee of a Guarantor Subsidiary will terminate upon:


•	a sale or other disposition of the Guarantor Subsidiary or of all or substantially all of its assets;


•	a sale of the majority of the Capital Stock of a Guarantor Subsidiary to a third party, after which the Guarantor Subsidiary is no longer a “Restricted Subsidiary” in accordance with the indenture governing the Notes


•	the liquidation or dissolution of a Guarantor Subsidiary so long as no “Default” or “Event of Default,” as defined under the indenture governing the Notes, has occurred as a result thereof


•	the designation of a Guarantor Subsidiary as an “unrestricted subsidiary” in accordance with the indenture governing the Notes


•	the requirements for defeasance or discharge of the indentures governing the Notes having been satisfied.


•	the release, other than the discharge through payment by a Guarantor Subsidiary, from its guarantee under the Credit Agreement or other indebtedness that resulted in the obligation of the Guarantor Subsidiary under the indenture governing the Notes

The following supplemental condensed combining and consolidating financial information reflects the Issuer’s separate accounts, the combined accounts of the Guarantor Subsidiaries, the combined accounts of the Non-Guarantor Subsidiaries, the combining and consolidating adjustments and eliminations and the Issuer’s combined and consolidated accounts for the dates and periods indicated. For purposes of the following condensed combining and consolidating information, the Issuer’s investments in its subsidiaries and the Guarantor and Non-Guarantor Subsidiaries’ investments in its subsidiaries are accounted for under the equity method of accounting.

SunCoke Energy, Inc.

Condensed Consolidating Statement of Income

Year Ended December 31, 2013

(Dollars in millions)



	Issuer			Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Combining and Consolidating Adjustments			Total
Revenues
Sales and other operating revenue	$	—		$	541.9	$	1,091.6		$	—		$	1,633.5
Equity in earnings of subsidiaries	56.2			88.6		—			(144.8		)	—
Other income, net	—			4.6		9.6			—			14.2
Total revenues	56.2			635.1		1,101.2			(144.8		)	1,647.7
Costs and operating expenses
Cost of products sold and operating expenses	—			454.9		893.1			—			1,348.0
Selling, general and administrative expenses	12.1			52.6		27.7			—			92.4
Depreciation, depletion and amortization	—			44.1		51.9			—			96.0
Total costs and operating expenses	12.1			551.6		972.7			—			1,536.4
Operating income	44.1			83.5		128.5			(144.8		)	111.3
Interest income (expense), net - affiliate	—			7.3		(7.3		)	—			—
Interest (cost) income, net	(37.9		)	0.8		(15.2		)	—			(52.3		)
Total financing (expense) income, net	(37.9		)	8.1		(22.5		)	—			(52.3		)
Income before income tax expense and loss from equity method investment	6.2			91.6		106.0			(144.8		)	59.0
Income tax (benefit) expense	(18.8		)	27.1		(1.6		)	—			6.7
Loss from equity method investment	—			—		2.2			—			2.2
Net income	25.0			64.5		105.4			(144.8		)	50.1
Less: Net income attributable to noncontrolling interests	—			—		25.1			—			25.1
Net income attributable to SunCoke Energy, Inc.	$	25.0		$	64.5	$	80.3		$	(144.8	)	$	25.0
Comprehensive income	$	18.8		$	68.5	$	95.2		$	(138.6	)	$	43.9
Less: Comprehensive income attributable to noncontrolling interests	—			—		25.1			—			25.1
Comprehensive income attributable to SunCoke Energy, Inc.	$	18.8		$	68.5	$	70.1		$	(138.6	)	$	18.8

SunCoke Energy, Inc.

Condensed Consolidating Statement of Income

Year Ended December 31, 2012

(Dollars in millions)



	Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Combining and Consolidating Adjustments			Total
Revenues
Sales and other operating revenue	$	—		$	612.7		$	1,289.3		$	—		$	1,902.0
Equity in earnings of subsidiaries	138.9			95.5			—			(234.4		)	—
Other income, net	—			2.6			9.5			—			12.1
Total revenues	138.9			710.8			1,298.8			(234.4		)	1,914.1
Costs and operating expenses
Cost of products sold and operating expenses	—			467.1			1,110.5			—			1,577.6
Selling, general and administrative expenses	10.6			45.4			26.0			—			82.0
Depreciation, depletion and amortization	—			38.1			42.7			—			80.8
Total costs and operating expenses	10.6			550.6			1,179.2			—			1,740.4
Operating income	128.3			160.2			119.6			(234.4		)	173.7
Interest income (expense), net - affiliate	—			7.4			(7.4		)	—			—
Interest (cost) income, net	(48.0		)	(0.2		)	0.4			—			(47.8		)
Total financing (expense) income, net	(48.0		)	7.2			(7.0		)	—			(47.8		)
Income before income tax expense	80.3			167.4			112.6			(234.4		)	125.9
Income tax (benefit) expense	(18.5		)	18.9			23.0			—			23.4
Net income	98.8			148.5			89.6			(234.4		)	102.5
Less: Net income attributable to noncontrolling interests	—			—			3.7			—			3.7
Net income attributable to SunCoke Energy, Inc.	$	98.8		$	148.5		$	85.9		$	(234.4	)	$	98.8
Comprehensive income	$	97.4		$	148.2		$	88.5		$	(233.0	)	$	101.1
Less: Comprehensive income attributable to noncontrolling interests	—			—			3.7			—			3.7
Comprehensive income attributable to SunCoke Energy, Inc.	$	97.4		$	148.2		$	84.8		$	(233.0	)	$	97.4

SunCoke Energy, Inc.

Condensed Combining and Consolidating Statement of Income

Year Ended December 31, 2011

(Dollars in millions)



	Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries				Combining and Consolidating Adjustments			Total
Revenues
Sales and other operating revenue	$	—		$	558.7		$	968.9			$	—		$	1,527.6
Equity in earnings of subsidiaries	75.0			24.1			—				(99.1		)	—
Other income, net	—			1.9			9.4				—			11.3
Total revenues	75.0			584.7			978.3				(99.1		)	1,538.9
Costs and operating expenses
Cost of products sold and operating expenses	—			433.1			872.7				—			1,305.8
Loss on firm purchase commitments	—			—			18.5			—	—			18.5
Selling, general and administrative expenses	2.6			66.9			19.2				—			88.7
Depreciation, depletion and amortization	—			32.9			25.5				—			58.4
Total costs and operating expenses	2.6			532.9			935.9				—			1,471.4
Operating income	72.4			51.8			42.4				(99.1		)	67.5
Interest income, net - affiliate	—			4.1			4.9				—			9.0
Interest (cost) income, net	(20.6		)	13.2			(3.0		)		—			(10.4		)
Total financing (expense) income, net	(20.6		)	17.3			1.9				—			(1.4		)
Income before income tax expense	51.8			69.1			44.3				(99.1		)	66.1
Income tax (benefit) expense	(8.8		)	(9.4		)	25.4				—			7.2
Net income	60.6			78.5			18.9				(99.1		)	58.9
Less: Net loss attributable to noncontrolling interests	—			—			(1.7		)		—			(1.7		)
Net income attributable to SunCoke Energy, Inc. / net parent investment	$	60.6		$	78.5		$	20.6			$	(99.1	)	$	60.6
Comprehensive income	$	50.7		$	70.0		$	17.5			$	(89.2	)	$	49.0
Less: Comprehensive loss attributable to noncontrolling interests	—			—			(1.7		)		—			(1.7		)
Comprehensive income attributable to SunCoke Energy, Inc.	$	50.7		$	70.0		$	19.2			$	(89.2	)	$	50.7

SunCoke Energy, Inc.

Condensed Consolidating Balance Sheet

December 31, 2013

(Dollars in millions, except per share amounts)



	Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Combining and Consolidating Adjustments			Total
Assets
Cash and cash equivalents	$	—		$	184.7		$	48.9		$	—		$	233.6
Receivables	—			53.4			38.1			—			91.5
Inventories	—			44.1			91.2			—			135.3
Income tax receivable	39.9			—			13.4			(46.7		)	6.6
Deferred income taxes	9.4			11.8			0.8			(9.4		)	12.6
Other current assets	—			1.3			1.0			—			2.3
Advances to affiliates	48.2			33.6			—			(81.8		)	—
Interest receivable from affiliate	—			7.3			—			(7.3		)	—
Total current assets	97.5			336.2			193.4			(145.2		)	481.9
Notes receivable from affiliate	—			89.0			300.0			(389.0		)	—
Investment in Brazilian cokemaking operations	—			—			41.0			—			41.0
Equity method investment in VISA SunCoke Limited	—			—			56.8			—			56.8
Properties, plants and equipment, net	—			500.9			1,043.2			—			1,544.1
Lease and mineral rights, net	—			52.8			—			—			52.8
Goodwill and other intangible assets, net	—			9.4			16.0			—			25.4
Deferred charges and other assets	11.7			20.5			9.7			—			41.9
Investment in Subsidiaries	963.3			723.8			—			(1,687.1		)	—
Total assets	$	1,072.5		$	1,732.6		$	1,660.1		$	(2,221.3	)	$	2,243.9
Liabilities and Equity
Advances from affiliate	—			48.2			33.6			(81.8		)	—
Accounts payable	—			48.8			105.5			—			154.3
Current portion of long-term debt	1.0			—			40.0			—			41.0
Accrued liabilities	0.5			52.6			16.4			—			69.5
Interest payable	13.6			—			4.6			—			18.2
Interest payable to affiliate	—			—			7.3			(7.3		)	—
Income taxes payable	—			46.7			—			(46.7		)	—
Total current liabilities	15.1			196.3			207.4			(135.8		)	283.0
Long term-debt	498.4			—			149.7			—			648.1
Payable to affiliate	—			300.0			89.0			(389.0		)	—
Accrual for black lung benefits	—			32.4			—			—			32.4
Retirement benefit liabilities	—			34.8						—			34.8
Deferred income taxes	—			383.9			2.1			(9.4		)	376.6
Asset retirement obligations	—			15.5			2.4			—			17.9
Other deferred credits and liabilities	1.6			16.6			0.6			—			18.8
Total liabilities	515.1			979.5			451.2			(534.2		)	1,411.6
Equity
Preferred stock, $0.01 par value. Authorized 50,000,000 shares; no issued and outstanding shares at December 31, 2013 and 2012	—			—			—			—			—
Common stock, $0.01 par value. Authorized 300,000,000 shares; issued and outstanding 69,636,785 shares and 69,988,728 shares at December 31, 2013 and 2012, respectively	0.7			—			—			—			0.7
Treasury Stock, 1,255,355 shares and 603,528 shares at December 31, 2013 and 2012, respectively	(19.9		)	—									(19.9		)
Additional paid-in capital	446.9			354.2			745.6			(1,099.8		)	446.9
Accumulated other comprehensive loss	(14.1		)	(2.7		)	(11.4		)	14.1			(14.1		)
Retained earnings	143.8			401.6			199.8			(601.4		)	143.8
Total SunCoke Energy, Inc. stockholders’ equity	557.4			753.1			934.0			(1,687.1		)	557.4
Noncontrolling interests	—			—			274.9			—			274.9
Total equity	557.4			753.1			1,208.9			(1,687.1		)	832.3
Total liabilities and equity	$	1,072.5		$	1,732.6		$	1,660.1		$	(2,221.3	)	$	2,243.9

SunCoke Energy, Inc.

Condensed Consolidating Balance Sheet

December 31, 2012

(Dollars in millions, except per share amounts)



	Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Combining and Consolidating Adjustments			Total
Assets
Cash and cash equivalents	$	—		$	206.9		$	32.3		$	—		$	239.2
Receivables	—			28.3			41.7			—			70.0
Inventories	—			57.2			102.9			—			160.1
Deferred income taxes	—			2.0			0.6			—			2.6
Income taxes receivable	16.1			—			0.4			(16.5		)	—
Advances from affiliate	65.8			—			70.5			(136.3		)	—
Other current assets	—			1.4			0.1			—			1.5
Total current assets	81.9			295.8			248.5			(152.8		)	473.4
Notes receivable from affiliate	—			89.0			300.0			(389.0		)	—
Investment in Brazilian cokemaking operations	—			—			41.0			—			41.0
Properties, plants and equipment, net	—			508.5			888.1			—			1,396.6
Lease and mineral rights, net	—			52.5			—			—			52.5
Goodwill and other intangible assets, net	—			9.4			—			—			9.4
Deferred charges and other assets	23.0			11.8			3.3			—			38.1
Investment in subsidiaries	1,173.4			992.7			—			(2,166.1		)	—
Total assets	$	1,278.3		$	1,959.7		$	1,480.9		$	(2,707.9	)	$	2,011.0
Liabilities and Equity
Advances from affiliate	—			136.3			—			(136.3		)	—
Accounts payable	0.5			49.0			83.4			—			132.9
Current portion of long-term debt	3.3			—			—			—			3.3
Accrued liabilities	0.6			60.7			29.9			—			91.2
Interest payable	15.7			—			—			—			15.7
Income taxes payable	—			20.4			—			(16.5		)	3.9
Total current liabilities	20.1			266.4			113.3			(152.8		)	247.0
Long-term debt	720.1			—			—			—			720.1
Payable to affiliate	—			300.0			89.0			(389.0		)	—
Accrual for black lung benefits	—			34.8			—			—			34.8
Retirement benefit liabilities	—			42.4			0.1			—			42.5
Deferred income taxes	(1.9		)	180.0			183.4			—			361.5
Asset retirement obligations	—			11.3			2.2			—			13.5
Other deferred credits and liabilities	0.9			15.5			0.3			—			16.7
Total liabilities	739.2			850.4			388.3			(541.8		)	1,436.1
Equity
Preferred stock, $0.01 par value. Authorized 50,000,000 shares; no issued and outstanding shares at December 31, 2012	—			—			—			—			—
Common stock, $0.01 par value. Authorized 300,000,000 shares; issued and outstanding 69,988,728 shares at December 31, 2012	0.7			—			—			—			0.7
Treasury stock, 603,528 shares at December 31, 2012	(9.4		)	—			—			—			(9.4		)
Additional paid-in capital	436.9			778.9			938.4			(1,717.3		)	436.9
Accumulated other comprehensive income	(7.9		)	(6.7		)	(1.2		)	7.9			(7.9		)
Retained earnings	118.8			337.1			119.6			(456.7		)	118.8
Total SunCoke Energy, Inc. stockholders’ equity	539.1			1,109.3			1,056.8			(2,166.1		)	539.1
Noncontrolling interests	—			—			35.8			—			35.8
Total equity	539.1			1,109.3			1,092.6			(2,166.1		)	574.9
Total liabilities and equity	$	1,278.3		$	1,959.7		$	1,480.9		$	(2,707.9	)	$	2,011.0

SunCoke Energy, Inc.

Condensed Consolidating Statement of Cash Flows

Year Ended December 31, 2013

(Dollars in millions)



	Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Combining and Consolidating Adjustments			Total
Cash Flows from Operating Activities:
Net income	$	25.0		$	64.5		$	105.4		$	(144.8	)	$	50.1
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Depreciation, depletion and amortization	—			44.1			51.9			—			96.0
Stock compensation expense	7.6			—			—			—			7.6
Deferred income tax expense	—			1.6			—			—			1.6
Payments in excess of expense for retirement plans	—			(2.1		)	(0.1		)	—			(2.2		)
Equity in earnings of subsidiaries	(56.2		)	(88.6		)	—			144.8			—
Loss from equity method investment	—			—			2.2			—			2.2
Changes in working capital pertaining to operating activities (net of acquisitions):
Receivables	—			(24.6		)	6.5			—			(18.1		)
Inventories	—			13.1			16.1			—			29.2
Accounts payable	(0.6		)	(1.0		)	21.6			—			20.0
Accrued liabilities	—			(8.0		)	(16.7		)	—			(24.7		)
Interest payable	(2.1		)	(7.3		)	11.9			—			2.5
Income taxes payable	(23.5		)	26.3			(13.0		)	—			(10.2		)
Other	7.1			(1.5		)	(8.3		)	—			(2.7		)
Net cash (used in) provided by operating activities	(42.7		)	16.5			177.5			—			151.3
Cash Flows from Investing Activities:
Capital expenditures	—			(33.1		)	(112.5		)	—			(145.6		)
Acquisition of businesses, net of cash received	—			—			(113.3		)	—			(113.3		)
Equity method investment in VISA SunCoke Limited	—			—			(67.7		)	—			(67.7		)
Net cash used in investing activities	—			(33.1		)	(293.5		)	—			(326.6		)
Cash Flows from Financing Activities:
Proceeds from issuance of common units of SunCoke Energy Partners, L.P.	—			—			237.8			—			237.8
Proceeds from issuance of long-term debt	—			—			150.0			—			150.0
Repayment of long-term debt	—			—			(225.0		)	—			(225.0		)
Debt issuance cost	(1.6		)	—			(5.3		)	—			(6.9		)
Proceeds from revolving facility	—			—			40.0			—			40.0
Cash distributions to noncontrolling interests	—			—			(17.8		)	—			(17.8		)
Repurchase of common stock	(10.9		)	—			—			—			(10.9		)
Proceeds from exercise of stock options	2.5			—			—			—			2.5
Net increase (decrease) in advances from affiliate	52.7			(5.6		)	(47.1		)	—			—
Net cash provided by (used in) financing activities	42.7			(5.6		)	132.6			—			169.7
Net (decrease) increase in cash and cash equivalents	—			(22.2		)	16.6			—			(5.6		)
Cash and cash equivalents at beginning of year	—			206.9			32.3			—			239.2
Cash and cash equivalents at end of year	$	—		$	184.7		$	48.9		$	—		$	233.6

SunCoke Energy, Inc.

Condensed Consolidating Statement of Cash Flows

Year Ended December 31, 2012

(Dollars in millions)



	Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Combining and Consolidating Adjustments			Total
Cash Flows from Operating Activities:
Net income	$	98.8		$	148.5		$	89.6		$	(234.4	)	$	102.5
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Depreciation, depletion and amortization	—			38.1			42.7			—			80.8
Stock compensation expense	6.7			—			—			—			6.7
Deferred income tax (benefit) expense	(1.0		)	(4.0		)	39.3			—			34.3
Payments in excess of expense for retirement plans	—			(6.6		)	—			—			(6.6		)
Equity in earnings of subsidiaries	(138.9		)	(95.5		)	—			234.4			—
Changes in working capital pertaining to operating activities (net of acquisitions):
Receivables	—			(5.9		)	2.1			—			(3.8		)
Inventories	—			33.8			22.3			—			56.1
Accounts payable	0.5			(35.7		)	(13.8		)	—			(49.0		)
Accrued liabilities	—			17.0			(1.8		)	—			15.2
Interest payable	(0.2		)	7.3			(7.3		)	—			(0.2		)
Income taxes payable	(17.2		)	(0.9		)	0.7			—			(17.4		)
Other	(4.9		)	(21.6		)	14.0			—			(12.5		)
Net cash (used in) provided by operating activities	(56.2		)	74.5			187.8			—			206.1
Cash Flows from Investing Activities:
Capital expenditures	—			(47.3		)	(33.3		)	—			(80.6		)
Acquisition of businesses, net of cash received	—			(3.5		)	—			—			(3.5		)
Net cash used in investing activities	—			(50.8		)	(33.3		)	—			(84.1		)
Cash Flows from Financing Activities:
Repayment of long-term debt	(3.3		)	—			—			—			(3.3		)
Proceeds from exercise of stock options	4.7			—			—			—			4.7
Net increase (decrease) in advances from affiliate	64.2			73.8			(138.0		)	—			—
Repurchase of common stock	(9.4		)	—			—			—			(9.4		)
Cash distributions to noncontrolling interests	—			—			(2.3		)	—			(2.3		)
Net cash provided by (used in) financing activities	56.2			73.8			(140.3		)	—			(10.3		)
Net increase in cash and cash equivalents	—			97.5			14.2			—			111.7
Cash and cash equivalents at beginning of year	—			109.4			18.1			—			127.5
Cash and cash equivalents at end of year	$	—		$	206.9		$	32.3		$	—		$	239.2

SunCoke Energy, Inc.

Condensed Combining and Consolidating Statement of Cash Flows

December 31, 2011

(Dollars in millions)



	Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Combining and Consolidating Adjustments			Total
Cash Flows from Operating Activities:
Net income	$	60.6		$	78.5		$	18.9		$	(99.1	)	$	58.9
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Loss on firm purchase commitments	—			—			18.5			—			18.5
Depreciation, depletion and amortization	—			32.9			25.5			—			58.4
Stock compensation expense	2.1			—			—			—			2.1
Deferred income tax (benefit) expense	(2.0		)	8.9			17.1			—			24.0
Payments less than expense for retirement plans	—			5.8			—			—			5.8
Equity in earnings of subsidiaries	(75.0		)	(24.1		)	—			99.1			—
Changes in working capital pertaining to operating activities (net of acquisitions):
Receivables	—			(5.8		)	(12.5		)	—			(18.3		)
Inventories	—			(53.1		)	(57.0		)	—			(110.1		)
Accounts payable	—			60.5			(3.5		)	—			57.0
Accrued liabilities	0.6			8.5			6.6			—			15.7
Interest payable	15.9			—			—			—			15.9
Income taxes payable	(1.8		)	(48.5		)	29.0			—			(21.3		)
Other	(5.4		)	2.7			(2.6		)	—			(5.3		)
Net cash (used in) provided by operating activities	(5.0		)	66.3			40.0			—			101.3
Cash Flows from Investing Activities:
Capital expenditures	—			(61.2		)	(176.9		)	—			(238.1		)
Acquisition of businesses, net of cash received	—			(37.6		)	—			—			(37.6		)
Net cash used in investing activities	—			(98.8		)	(176.9		)	—			(275.7		)
Cash Flows from Financing Activities:
Proceeds from issuance of long-term debt	727.9			—			—			—			727.9
Debt issuance costs	(19.1		)	—			—			—			(19.1		)
Repayment of long-term debt	(1.6		)	—			—			—			(1.6		)
Purchase of noncontrolling interest in Indiana Harbor facility	—			(34.0		)	—			—			(34.0		)
Net (decrease) increase in advances from affiliate	(702.2		)	170.6			118.8			—			(412.8		)
Repayments of notes payable assumed in acquisition	—			(2.3		)	—			—			(2.3		)
Increase (decrease) in payable to affiliate				7.6			(2.3		)	—			5.3
Cash distributions to noncontrolling interests	—			—			(1.6		)	—			(1.6		)
Net cash provided by financing activities	5.0			141.9			114.9			—			261.8
Net increase (decrease) in cash and cash equivalents	—			109.4			(22.0		)	—			87.4
Cash and cash equivalents at beginning of year	—			—			40.1			—			40.1
Cash and cash equivalents at end of year	$	—		$	109.4		$	18.1		$	—		$	127.5