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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating Activities    
Net income $ 226.2 $ 147.1
Depreciation expense 230.6 227.4
Change in Accrued Operating Lease Expense (11.0) (38.0)
Gains on sales of assets (41.3) (69.7)
Asset impairment 1.8 31.2
Deferred income taxes 83.6 55.8
Share of affiliates’ earnings, net of dividends (29.0) (18.6)
Other (27.9) (23.2)
Net cash provided by operating activities 433.0 312.0
Investing Activities    
Portfolio Investments and Capital Additions (442.6) (498.3)
Purchases of leased-in assets (116.5) (118.4)
Portfolio proceeds 170.6 298.2
Proceeds from sales of other assets 18.6 16.2
Sale Leaseback Transaction, Net Proceeds, Investing Activities 82.5 0.0
Net decrease (increase) in restricted cash 12.9 (1.0)
Other 0.0 9.7
Net cash used in investing activities (274.5) (293.6)
Financing Activities    
Net proceeds from issuances of debt (original maturities longer than 90 days) 801.8 748.8
Repayments of debt (original maturities longer than 90 days) (798.7) (649.4)
Net increase (decrease) in debt with original maturities of 90 days or less (2.5) (54.0)
Stock repurchases (95.1) (105.0)
Dividends (51.2) (51.9)
Other (3.5) 3.7
Net cash (used in) provided by financing activities (149.2) (107.8)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (0.2) (4.5)
Net increase (decrease) in Cash and Cash Equivalents 9.1 (93.9)
Cash and Cash Equivalents at beginning of period 202.4 209.9
Cash and Cash Equivalents at end of period $ 211.5 $ 116.0