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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net income $ 355.6 $ 352.0 $ 287.5
Add: loss from discontinued operations, net of tax 0.0 4.6 1.5
Income from continuing operations 355.6 356.6 289.0
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 367.9 362.1 306.9
Loss on debt financing transactions 0.0 15.0 12.0
Net loss/(gain) on investments in affiliated companies and assets of businesses held for sale (7.5) (17.5) 1.5
Deferred taxes (35.3) (22.5) (69.0)
Stock-based compensation 46.9 51.0 57.9
Provision for losses on trade accounts receivable 13.1 10.0 8.6
Other 5.9 6.5 7.9
Changes in assets and liabilities:      
Trade accounts receivable (23.6) 7.3 (113.8)
Other current and long-term assets (0.7) (26.5) 17.1
Trade accounts payable 18.7 5.7 20.7
Other current and long-term liabilities 46.4 36.3 20.6
Cash provided by operating activities of continuing operations 787.4 784.0 559.4
Cash used in operating activities of discontinued operations 0.0 (7.3) (3.7)
Cash provided by operating activities of continuing operations 787.4 776.7 555.7
Cash flows from investing activities:      
Capital expenditures (214.1) (198.5) (180.1)
Proceeds from sale of other investments 90.6 35.9 24.3
Purchases of other investments (73.5) (31.4) (31.8)
Acquisitions and purchases of noncontrolling interests, net of cash acquired (71.7) (46.3) (1,828.4)
Payments for (Proceeds from) Removal Costs 1.6 40.3 (0.4)
Other (0.1) (3.9) (1.2)
Cash used in investing activities of continuing operations (267.2) (203.9) (2,017.6)
Cash used in investing activities of discontinued operations 0.0 0.0 (0.1)
Cash used in investing activities (267.2) (203.9) (2,017.7)
Cash flows from financing activities:      
Proceeds from Senior Secured Term Loans 0.0 3,750.0 1,800.0
Repayments of Senior Debt 0.0 (3,759.1) 0.0
Proceeds from Senior Secured Revolving Line of Credit 0.0 0.0 125.0
Payments of senior secured revolving line of credit 0.0 0.0 (210.0)
Repayments of debt (208.8) (389.0) (114.3)
Debt financing fees 0.0 (11.2) (33.8)
Proceeds from issuance of common stock and exercise of stock options 22.9 24.4 26.2
Dividends to shareholders (57.6) (56.8) (41.6)
Distributions to noncontrolling interests (10.9) (3.9) (10.1)
Payment, Tax Withholding, Share-based Payment Arrangement (36.1) (39.2) (1.2)
Other (6.4) (1.9) 0.0
Cash provided by (used in) financing activities (296.9) (486.7) 1,540.2
Effect of exchange rate changes on cash and cash equivalents (4.4) 0.6 (6.6)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 218.9 86.7 71.6
Cash and cash equivalents, end of period 493.0 274.1 187.4
Cash paid during the period for:      
Income taxes, net of refunds 134.3 111.7 111.1
Interest Paid, Excluding Capitalized Interest, Operating Activities $ 120.0 $ 163.5 $ 132.1