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SUPPLEMENTAL GUARANTOR FINANCIAL INFORMATION (Cash Flows) (Details) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Supplemental Guarantor Financial Information Statements Of Cash Flows [Line Items]    
Net Cash Provided by (Used in) Operating Activities $ 55.4 $ 236.1
Capital expenditures (166.5) (191.3)
Payments under ethylene long-term supply contracts (461.0) 0.0
Payments under other long-term supply contracts (75.8) 0.0
Proceeds from disposition of non-consolidated affiliate   20.0
Net investing activities (703.3) (171.3)
Long-term debt:    
Borrowings 1,163.2 25.0
Repayments (425.8) (50.6)
Common stock repurchased and retired 0.0 (26.7)
Stock options exercised 0.5 1.5
Dividends paid (63.1) (65.7)
Debt issuance costs (9.6) 0.0
Intercompany financing activities 0.0 0.0
Net financing activities 665.2 (116.5)
Effect of exchange rate changes on cash and cash equivalents (0.3) (0.2)
Net increase (decrease) in cash and cash equivalents 17.0 (51.9)
Cash and cash equivalents, beginning of year 220.9 178.8
Cash and cash equivalents, end of period 237.9 126.9
Parent Guarantor    
Supplemental Guarantor Financial Information Statements Of Cash Flows [Line Items]    
Net Cash Provided by (Used in) Operating Activities 219.1 120.1
Capital expenditures (61.5) (86.9)
Payments under ethylene long-term supply contracts 0.0  
Payments under other long-term supply contracts 0.0  
Proceeds from disposition of non-consolidated affiliate   20.0
Net investing activities (61.5) (66.9)
Long-term debt:    
Borrowings 672.5 0.0
Repayments (175.8) (0.6)
Common stock repurchased and retired   (26.7)
Stock options exercised 0.5 1.5
Dividends paid (63.1) (65.7)
Debt issuance costs (9.6)  
Intercompany financing activities (536.8) (50.0)
Net financing activities (112.3) (141.5)
Effect of exchange rate changes on cash and cash equivalents 0.0 0.0
Net increase (decrease) in cash and cash equivalents 45.3 (88.3)
Cash and cash equivalents, beginning of year 11.6 92.0
Cash and cash equivalents, end of period 56.9 3.7
Issuer    
Supplemental Guarantor Financial Information Statements Of Cash Flows [Line Items]    
Net Cash Provided by (Used in) Operating Activities 0.0 0.0
Capital expenditures 0.0 0.0
Payments under ethylene long-term supply contracts 0.0  
Payments under other long-term supply contracts 0.0  
Proceeds from disposition of non-consolidated affiliate   0.0
Net investing activities 0.0 0.0
Long-term debt:    
Borrowings 0.0 0.0
Repayments 0.0 (50.0)
Common stock repurchased and retired   0.0
Stock options exercised 0.0 0.0
Dividends paid 0.0 0.0
Debt issuance costs 0.0  
Intercompany financing activities 0.0 50.0
Net financing activities 0.0 0.0
Effect of exchange rate changes on cash and cash equivalents 0.0 0.0
Net increase (decrease) in cash and cash equivalents 0.0 0.0
Cash and cash equivalents, beginning of year 0.0 0.0
Cash and cash equivalents, end of period 0.0 0.0
Subsidiary Non-Guarantor    
Supplemental Guarantor Financial Information Statements Of Cash Flows [Line Items]    
Net Cash Provided by (Used in) Operating Activities (163.7) 116.0
Capital expenditures (105.0) (104.4)
Payments under ethylene long-term supply contracts (461.0)  
Payments under other long-term supply contracts (75.8)  
Proceeds from disposition of non-consolidated affiliate   0.0
Net investing activities (641.8) (104.4)
Long-term debt:    
Borrowings 490.7 25.0
Repayments (250.0) 0.0
Common stock repurchased and retired   0.0
Stock options exercised 0.0 0.0
Dividends paid 0.0 0.0
Debt issuance costs 0.0  
Intercompany financing activities 536.8 0.0
Net financing activities 777.5 25.0
Effect of exchange rate changes on cash and cash equivalents (0.3) (0.2)
Net increase (decrease) in cash and cash equivalents (28.3) 36.4
Cash and cash equivalents, beginning of year 209.3 86.8
Cash and cash equivalents, end of period 181.0 123.2
Eliminations    
Supplemental Guarantor Financial Information Statements Of Cash Flows [Line Items]    
Net Cash Provided by (Used in) Operating Activities 0.0 0.0
Capital expenditures 0.0 0.0
Payments under ethylene long-term supply contracts 0.0  
Payments under other long-term supply contracts 0.0  
Proceeds from disposition of non-consolidated affiliate   0.0
Net investing activities 0.0 0.0
Long-term debt:    
Borrowings 0.0 0.0
Repayments 0.0 0.0
Common stock repurchased and retired   0.0
Stock options exercised 0.0 0.0
Dividends paid 0.0 0.0
Debt issuance costs 0.0  
Intercompany financing activities 0.0 0.0
Net financing activities 0.0 0.0
Effect of exchange rate changes on cash and cash equivalents 0.0 0.0
Net increase (decrease) in cash and cash equivalents 0.0 0.0
Cash and cash equivalents, beginning of year 0.0 0.0
Cash and cash equivalents, end of period $ 0.0 $ 0.0