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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash Flows from Operating Activities:      
Net income $ 34.0 $ 92.0 $ 44.0
Adjustments to reconcile net income to net cash provided by operations:      
Depreciation and amortization 109 107 105
Deferred income taxes (5) 5 1
Gains on asset transactions, net of impairment losses (34) (51) (51)
Gain from receipt of insurance proceeds 0 (1) 0
Gain on consolidation of HS&TC 0 0 (5)
Share-based expense 8 8 9
Equity in income (loss) of affiliates, net of distributions 5 (8) (1)
Changes in operating assets and liabilities:      
Accounts and notes receivable (13) 8 (16)
Inventories (6) 6 (6)
Prepaid expenses and other assets (4) (18) (5)
Deferred dry-docking costs (13) 9 10
Liability for employee benefit plans 11 15 0
Accounts and income taxes payable 14 9 20
Other liabilities (12) (15) 11
Real estate developments held for sale:      
Real estate inventory sales 6 6 5
Expenditures for real estate inventory (14) (22) (6)
Net cash provided by operations 86 150 115
Cash Flows from Investing Activities:      
Capital expenditures for property and developments (67) (95) (31)
Proceeds from disposal of income-producing property, investments and other assets 16 34 32
Deposits into Capital Construction Fund (4) (4) (4)
Withdrawals from Capital Construction Fund 4 4 4
Acquisition of businesses, net of cash acquired 0 0 10
Payments for purchases of investments (28) (102) (48)
Proceeds from investments 8 13 6
Net cash used in investing activities (71) (150) (31)
Cash Flows from Financing Activities:      
Proceeds from issuance of debt 256 245 241
Payments of debt and deferred financing costs (215) (198) (288)
Proceeds from (payments on) line-of-credit agreement, net (5) (4) 13
Proceeds from issuance of capital stock and other 10 7 (1)
Dividends paid (53) (52) (52)
Net cash used in financing activities (7) (2) (87)
Cash and Cash Equivalents:      
Net increase (decrease) for the year 8 (2) (3)
Balance, beginning of year 14 16 19
Balance, end of year 22 14 16
Other Cash Flow Information:      
Interest paid, net of amounts capitalized (24) (25) (24)
Income taxes paid (25) (46) (38)
Non-cash Activities:      
Debt assumed in real estate purchase 0 8 0
Real estate received in settlement of a mortgage note 0 8 0
Capital expenditures included in accounts payable and accrued expenses 11 7 5
Tax-deferred property sales 45 120 109
Tax-deferred property purchases $ (39) $ (148) $ (95)