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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities:    
Net income (loss) $ (696,029) $ 211,588
Income (loss) from discontinued operations, net of tax (778,647) 87,475
Income from continuing operations 82,618 124,113
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 164,969 151,342
Deferred income taxes 12,636 17,658
Excess tax benefit on stock-based compensation 0 (4,729)
Changes in current assets and liabilities:    
Receivables (88,420) (64,369)
Inventories (13,919) (22,108)
Other current assets 28,780 (26,007)
Accounts payable 61,968 (11,504)
Other current liabilities 6,820 (75)
Other noncurrent changes 4,463 (24,234)
Net cash provided by continuing operations 259,915 140,087
Net cash provided by discontinued operations 122,279 279,187
Net cash provided by operating activities 382,194 419,274
Investing activities:    
Capital expenditures (484,483) (367,182)
Net proceeds from sale or disposition of property and other 37,679 12,281
Investments 1,309 (916)
Net cash used in continuing operations (445,495) (355,817)
Net cash used in discontinued operations (98,521) (287,681)
Net cash used in investing activities (544,016) (643,498)
Financing activities:    
Issuance of short-term borrowings 29,500 0
Repayment of short-term borrowings 0 (11,500)
Issuance of long-term debt 327,470 672,351
Repayment of long-term debt (146,333) (318,579)
Proceeds from issuance of common stock 21,894 144,868
Dividends paid (107,028) (102,105)
Excess tax benefit on stock-based compensation 0 4,729
Tax withholding on stock-based compensation 0 (5,564)
Distribution to noncontrolling interest 52,000 44,900
Distribution to noncontrolling interest (8,443) 0
Net cash provided by continuing operations 169,060 429,100
Net cash used in discontinued operations (271) (412)
Net cash provided by financing activities 168,789 428,688
Effect of exchange rate changes on cash and cash equivalents (192) (53)
Increase in cash and cash equivalents 6,775 204,411
Cash and cash equivalents - beginning of year 81,855 57,340
Cash and cash equivalents - end of period $ 88,630 $ 261,751