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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating Activities      
Net income $ 143.1 $ 151.3 $ 211.2
Total Discontinued Operations, Net of Taxes 0.0 1.1 30.4
Income from continuing operations 143.1 150.2 180.8
Adjustments to reconcile income to net cash provided by operating activities:      
Depreciation 378.4 342.8 332.7
Gains on sales of assets (99.4) (39.5) (56.2)
Asset Impairment Charges 2.4 0.3 6.6
Employee benefit plans 8.8 6.9 3.9
Share-based Payment Arrangement, Noncash Expense 17.4 15.6 12.3
Deferred income taxes 34.2 29.1 33.8
Share of affiliates’ earnings, net of dividends (1.2) (62.2) (49.0)
Other 23.5 (6.4) (39.1)
Net cash provided by operating activities 507.2 436.8 425.8
Investing Activities      
Additions to operating assets and facilities (1,130.1) (860.8) (722.8)
Acquisition of new businesses (1.4) (203.2) 0.0
Investments in affiliates (0.4) 0.0 0.0
Portfolio investments and capital additions (1,131.9) (1,064.0) (722.8)
Purchases of leased-in assets 0.0 0.0 (1.0)
Portfolio proceeds 187.1 131.1 250.3
Proceeds from sales of other assets 54.7 26.0 23.0
Payments for (Proceeds from) Other Investing Activities (27.6) 2.0 2.7
Net cash used in investing activities (917.7) (904.9) (447.8)
Financing Activities      
Net proceeds from issuances of debt (original maturities longer than 90 days) 1,491.9 1,586.5 743.0
Repayments of debt (original maturities longer than 90 days) (884.0) (1,100.0) (410.0)
Net increase (decrease) in debt with original maturities of 90 days or less (4.1) 6.4 (94.6)
Payments on capital lease obligations (77.2) (40.0) (11.3)
Stock repurchases (13.1) 0.0 (150.0)
Dividends (74.3) (71.0) (69.3)
Other (add shares used to pay taxes) 23.9 (26.3) 59.1
Net cash (used in) provided by financing activities 463.1 355.6 66.9
Effect of Exchange Rate Changes on Cash and Cash Equivalents (1.8) (0.1) (0.5)
Net Cash Used In (Provided By) Operating Activities 0.0 (8.5) 36.8
Net Cash Provided By Investing Activities (1) 1.1 240.9 8.1
Net Cash Provided By (Used In) Financing Activities 0.0 21.8 (45.0)
Cash Provided By (Used In) Discontinued Operations, Net 1.1 254.2 (0.1)
Net increase in Cash, Cash Equivalents, and Restricted Cash during the year 51.9 141.6 44.3
Cash, Cash Equivalents, and Restricted Cash at beginning of period 292.6 151.0 106.7
Cash, Cash Equivalents, and Restricted Cash at end of period $ 344.5 $ 292.6 $ 151.0