XML 20 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating Activities    
Net income $ 159.9 $ 226.2
Adjustments to reconcile income to net cash provided by operating activities:    
Depreciation 238.5 230.6
Change in accrued operating lease expense (21.2) (11.0)
Gains on sales of assets (48.4) (41.3)
Deferred income taxes 44.8 83.6
Change in income taxes payable (4.9) (8.1)
Share of affiliates’ earnings, net of dividends (22.0) (29.0)
Other (29.2) (15.5)
Net cash provided by operating activities 317.5 435.5
Investing Activities    
Additions to operating assets and facilities (422.4) (442.6)
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures (36.6) 0.0
Payments to Acquire Investments and Property, Plant, and Equipment (459.0) (442.6)
Purchases of leased-in assets (93.2) (116.5)
Portfolio proceeds 131.0 170.6
Proceeds from sales of other assets 24.3 18.6
Sale Leaseback Transaction, Net Proceeds, Investing Activities 90.6 82.5
Net Cash Provided by (Used in) Investing Activities 306.3 287.4
Financing Activities    
Net proceeds from issuances of debt (original maturities longer than 90 days) 297.5 801.8
Repayments of debt (original maturities longer than 90 days) (301.5) (798.7)
Net increase (decrease) in debt with original maturities of 90 days or less 11.1 (2.5)
Stock repurchases (75.0) (95.1)
Dividends (51.8) (51.2)
Other (2.8) (6.0)
Net cash (used in) provided by financing activities (122.5) (151.7)
Effect of Exchange Rate Changes on Cash and Cash Equivalents 3.1 (0.2)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect (108.2) (3.8)
Cash, Cash Equivalents, and Restricted Cash at beginning of period 311.1 219.7
Cash, Cash Equivalents, and Restricted Cash at end of period $ 202.9 $ 215.9