XML 56 R30.htm IDEA: XBRL DOCUMENT v3.10.0.1
Financial Information for Guarantor Subsidiaries and Non-Guarantor Subsidiaries
 12 Months Ended
Dec. 31, 2018
Financial Information for Guarantor Subsidiaries and Non-Guarantor Subsidiaries [Abstract]  
Financial Information for Guarantor Subsidiaries and Non-Guarantor Subsidiaries
Financial Information for Guarantor Subsidiaries and Non-Guarantor Subsidiaries
We conduct substantially all of our business through our U.S. and foreign subsidiaries. As of December 31, 2018, SGI’s obligations under the 2020 Notes, the 2021 Notes, the 2025 Secured Notes, the 2026 Secured Euro Notes, the Unsecured Notes and the 2026 Unsecured Euro Notes were fully and unconditionally and jointly and severally guaranteed by SGC and the Guarantor Subsidiaries other than SGI. We redeemed all of the outstanding 2022 Secured Notes during the first quarter of 2018, which were previously issued by SGI and fully and unconditionally and jointly and severally guaranteed by SGC and the Guarantor Subsidiaries other than SGI. The guarantees of our 2022 Secured Notes were released in connection with the redemption of the 2022 Secured Notes. We redeemed all of the outstanding 2018 Notes on March 17, 2017, which were previously issued by SGC and fully and unconditionally and jointly and severally guaranteed by the Guarantor Subsidiaries. The guarantees of our 2020 Notes, 2021 Notes, 2025 Secured Notes, 2026 Secured Euro Notes, Unsecured Notes, and 2026 Unsecured Euro Notes will terminate under the following customary circumstances: (1) the sale or disposition of the capital stock of the guarantor (including by consolidation or merger of the guarantor into another person); (2) the liquidation or dissolution of the guarantor; (3) the defeasance or satisfaction and discharge of the notes; (4) the release of the guarantor from any guarantees of indebtedness of SGC and SGI; and (5) the proper designation of the guarantor as an unrestricted subsidiary pursuant to the indenture governing the respective Notes.

Presented below is condensed consolidating financial information for (1) SGC, (2) SGI, (3) the Guarantor Subsidiaries and (4) the Non-Guarantor Subsidiaries as of December 31, 2018 and December 31, 2017 and for the years ended December 31, 2018, 2017 and 2016. The condensed consolidating financial information has been presented to show the nature of assets held, results of operations and cash flows of SGC, SGI, the Guarantor Subsidiaries and the Non-Guarantor Subsidiaries assuming the current guarantee structures of the 2020 Notes, the 2021 Notes, the Unsecured Notes, the 2025 Secured Notes, the 2026 Secured Euro Notes, and the 2026 Unsecured Euro Notes were in effect at the beginning of the periods presented.  
     The condensed consolidating financial information reflects the investments of SGC in SGI and in the Guarantor Subsidiaries and Non-Guarantor Subsidiaries using the equity method of accounting. They also reflect the investments of the Guarantor Subsidiaries in the Non-Guarantor Subsidiaries. Net changes in intercompany due from/due to accounts are reported in the accompanying Supplemental Condensed Consolidating Statements of Cash Flows as investing activities if the applicable entities have a net investment (asset) in intercompany accounts and as a financing activity if the applicable entities have a net intercompany borrowing (liability) balance.    
SCIENTIFIC GAMES CORPORATION AND SUBSIDIARIES
SUPPLEMENTAL CONDENSED CONSOLIDATING BALANCE SHEET
As of December 31, 2018
 
 
SGC (Parent)
 
SGI (Issuer1)
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminating
Entries
 
Consolidated
Assets
 
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
73.5

 
$
0.9

 
$
—

 
$
95.1

 
$
(1.3
)
 
$
168.2

Restricted cash
 
—

 
0.8

 
31.6

 
6.3

 
—

 
38.7

Accounts receivable, net
 
—

 
79.2

 
204.8

 
315.2

 
—

 
599.2

Notes receivable, net
 
—

 
—

 
100.6

 
13.3

 
—

 
113.9

Inventories
 
—

 
40.4

 
81.7

 
110.8

 
(17.3
)
 
215.6

Prepaid expenses, deposits and other current assets
 
6.2

 
63.3

 
92.5

 
70.5

 
0.2

 
232.7

Property and equipment, net
 
31.0

 
112.1

 
218.6

 
218.2

 
(32.9
)
 
547.0

Investment in subsidiaries
 
2,835.9

 
974.5

 
1,093.4

 
—

 
(4,903.8
)
 
—

Goodwill
 
—

 
240.2

 
1,896.8

 
1,142.9

 
—

 
3,279.9

Intangible assets, net
 
42.6

 
34.1

 
1,291.4

 
441.0

 
—

 
1,809.1

Intercompany balances
 
—

 
6,053.9

 
—

 
—

 
(6,053.9
)
 
—

Software, net
 
58.6

 
38.2

 
128.3

 
60.2

 
—

 
285.3

Other assets(2)
 
110.0

 
404.4

 
45.9

 
307.8

 
(439.9
)
 
428.2

Total assets
 
$
3,157.8

 
$
8,042.0

 
$
5,185.6

 
$
2,781.3

 
$
(11,448.9
)
 
$
7,717.8

Liabilities and stockholders’ (deficit) equity
 


 


 


 


 


 
 
Current portion of long-term debt
 
$
—

 
$
41.7

 
$
—

 
$
3.3

 
$
—

 
$
45.0

Other current liabilities
 
63.8

 
162.4

 
247.9

 
254.1

 
(25.9
)
 
702.3

Long-term debt, excluding current portion
 
—

 
8,991.1

 
—

 
0.8

 
—

 
8,991.9

Other long-term liabilities
 
105.8

 
7.6

 
637.3

 
171.9

 
(480.8
)
 
441.8

Intercompany balances
 
5,451.4

 
—

 
48.1

 
554.4

 
(6,053.9
)
 
—

Stockholders’ (deficit) equity
 
(2,463.2
)
 
(1,160.8
)
 
4,252.3

 
1,796.8

 
(4,888.3
)
 
(2,463.2
)
Total liabilities and stockholders’ (deficit) equity
 
$
3,157.8

 
$
8,042.0

 
$
5,185.6

 
$
2,781.3

 
$
(11,448.9
)
 
$
7,717.8

 
1 - Issuer of obligations under the 2020 Notes, the 2021 Notes, the 2022 Secured Notes, which were redeemed in March 2018, the Unsecured Notes, the 2025 Secured Notes, which were issued in October 2017, and the 2026 Secured Euro Notes and 2026 Unsecured Euro Notes, which were issued in February 2018.
2 - Includes $12.2 million and $0.9 million in non-current restricted cash for Guarantor Subsidiaries and Non-Guarantor Subsidiaries, respectively.

SCIENTIFIC GAMES CORPORATION AND SUBSIDIARIES
SUPPLEMENTAL CONDENSED CONSOLIDATING BALANCE SHEET
As of December 31, 2017
 
 
SGC (Parent)
 
SGI (Issuer1)
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminating
Entries
 
Consolidated
Assets
 
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
732.6

 
$
—

 
$
—

 
$
59.4

 
$
(3.2
)
 
$
788.8

Restricted cash
 
—

 
0.6

 
28.3

 
0.1

 
—

 
29.0

Accounts receivable, net
 
0.4

 
68.1

 
192.6

 
279.8

 
—

 
540.9

Notes receivable, net
 
—

 
—

 
121.1

 
22.4

 
—

 
143.5

Inventories
 
—

 
40.7

 
91.8

 
131.8

 
(21.2
)
 
243.1

Prepaid expenses, deposits and other current assets
 
6.5

 
30.3

 
41.6

 
52.7

 
—

 
131.1

Property and equipment, net
 
28.8

 
91.5

 
295.6

 
179.9

 
(27.6
)
 
568.2

Investment in subsidiaries
 
3,098.7

 
867.9

 
987.7

 
—

 
(4,954.3
)
 
—

Goodwill
 
—

 
240.3

 
1,880.4

 
835.4

 
—

 
2,956.1

Intangible assets, net
 
15.7

 
34.9

 
1,335.3

 
218.7

 
—

 
1,604.6

Intercompany balances
 
—

 
5,889.8

 
—

 
222.5

 
(6,112.3
)
 
—

Software, net
 
67.2

 
24.7

 
199.0

 
48.5

 
—

 
339.4

Other assets(2)
 
234.4

 
388.8

 
62.0

 
270.3

 
(574.9
)
 
380.6

Total assets
 
$
4,184.3

 
$
7,677.6

 
$
5,235.4

 
$
2,321.5

 
$
(11,693.5
)
 
$
7,725.3

Liabilities and stockholders’ (deficit) equity
 
 

 
 

 
 

 
 

 
 

 


Current portion of long-term debt
 
$
—

 
$
32.8

 
$
—

 
$
7.5

 
$
—

 
$
40.3

Other current liabilities
 
67.6

 
199.0

 
254.2

 
206.4

 
(27.7
)
 
699.5

Long-term debt, excluding current portion
 
—

 
8,733.0

 
—

 
3.3

 
—

 
8,736.3

Other long-term liabilities
 
68.8

 
11.3

 
650.3

 
110.9

 
(565.1
)
 
276.2

Intercompany balances
 
6,074.9

 
—

 
37.4

 
—

 
(6,112.3
)
 
—

Stockholders’ (deficit) equity
 
(2,027.0
)
 
(1,298.5
)
 
4,293.5

 
1,993.4

 
(4,988.4
)
 
(2,027.0
)
Total liabilities and stockholders’ (deficit) equity
 
$
4,184.3

 
$
7,677.6

 
$
5,235.4

 
$
2,321.5

 
$
(11,693.5
)
 
$
7,725.3

 
 
 
 
 
 
 
 
 
 
 
 
 
1 - Issuer of obligations under the 2020 Notes, the 2021 Notes, the 2022 Secured Notes, the 2025 Secured Notes and the Unsecured Notes.
2 - Includes $15.6 million and $0.7 million in non-current restricted cash for Guarantor Subsidiaries and Non-Guarantor Subsidiaries, respectively.

SCIENTIFIC GAMES CORPORATION AND SUBSIDIARIES
SUPPLEMENTAL CONDENSED CONSOLIDATING STATEMENT OF
OPERATIONS AND COMPREHENSIVE (LOSS) INCOME
Year Ended December 31, 2018
 
 
SGC (Parent)
 
SGI (Issuer1)
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminating
Entries
 
Consolidated
Revenue
 
$
—

 
$
547.1

 
$
1,654.0

 
$
1,540.3

 
$
(378.2
)
 
$
3,363.2

Cost of services, cost of product sales and cost of instant products(2)
 
—

 
360.9

 
490.3

 
721.2

 
(317.1
)
 
1,255.3

Selling, general and administrative
 
154.4

 
42.4

 
227.0

 
325.5

 
(52.4
)
 
696.9

Research and development
 
—

 
2.7

 
87.2

 
112.4

 
—

 
202.3

Depreciation, amortization and impairments
 
44.2

 
32.6

 
439.4

 
188.3

 
(14.8
)
 
689.7

Restructuring and other
 
194.7

 
(1.1
)
 
9.2

 
50.6

 
—

 
253.4

Operating (loss) income
 
(393.3
)
 
109.6

 
400.9

 
142.3

 
6.1

 
265.6

Interest expense
 
—

 
(596.7
)
 
—

 
(0.5
)
 
—

 
(597.2
)
Loss on debt financing transactions
 
—

 
(93.2
)
 
—

 
—

 
—

 
(93.2
)
Gain on remeasurement of debt
 
—

 
43.4

 
—

 
—

 
—

 
43.4

Other income (expense), net
 
335.7

 
534.9

 
(744.8
)
 
(83.7
)
 
—

 
42.1

Net (loss) income before equity in (loss) income of subsidiaries and income taxes
 
(57.6
)
 
(2.0
)
 
(343.9
)
 
58.1

 
6.1

 
(339.3
)
Equity in (loss) income of subsidiaries
 
(218.5
)
 
43.6

 
(28.2
)
 
—

 
203.1

 
—

Income tax (expense) benefit
 
(76.3
)
 
0.5

 
82.3

 
(19.6
)
 
—

 
(13.1
)
Net (loss) income
 
$
(352.4
)
 
$
42.1

 
$
(289.8
)
 
$
38.5

 
$
209.2

 
$
(352.4
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Other comprehensive (loss) income
 
(99.8
)
 
30.0

 
(66.3
)
 
(113.8
)
 
150.1

 
(99.8
)
Comprehensive (loss) income
 
$
(452.2
)
 
$
72.1

 
$
(356.1
)
 
$
(75.3
)
 
$
359.3

 
$
(452.2
)
 
1 - Issuer of obligations under the 2020 Notes, the 2021 Notes, the 2022 Secured Notes, which were redeemed in March 2018, the Unsecured Notes, the 2025 Secured Notes, which were issued in October 2017, and the 2026 Secured Euro Notes and 2026 Unsecured Euro Notes, which were issued in February 2018.
2 - Exclusive of D&A.

SCIENTIFIC GAMES CORPORATION AND SUBSIDIARIES
SUPPLEMENTAL CONDENSED CONSOLIDATING STATEMENT OF
OPERATIONS AND COMPREHENSIVE LOSS
Year Ended December 31, 2017

 
 
SGC (Parent)
 
SGI (Issuer1)
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminating
Entries
 
Consolidated
Revenue
 
$
—

 
$
498.1

 
$
1,683.9

 
$
1,223.3

 
$
(321.7
)
 
$
3,083.6

Cost of services, cost of product sales and cost of instant products(2)
 
—

 
341.9

 
511.0

 
629.1

 
(317.4
)
 
1,164.6

Selling, general and administrative
 
127.1

 
41.3

 
244.4

 
250.2

 
(49.9
)
 
613.1

Research and development
 
2.1

 
6.5

 
101.3

 
74.2

 
—

 
184.1

Depreciation, amortization and impairments
 
71.6

 
31.3

 
462.7

 
128.0

 
(10.8
)
 
682.8

Restructuring and other
 
29.7

 
5.1

 
7.3

 
3.8

 
—

 
45.9

Operating (loss) income
 
(230.5
)
 
72.0

 
357.2

 
138.0

 
56.4

 
393.1

Interest expense
 
(4.6
)
 
(603.9
)
 
—

 
(1.2
)
 
—

 
(609.7
)
Loss on debt financing transactions
 
(1.1
)
 
(37.0
)
 
—

 
—

 
—

 
(38.1
)
Other income (expense), net
 
87.7

 
150.4

 
(184.7
)
 
(26.5
)
 
—

 
26.9

Net (loss) income before equity in income of subsidiaries and income taxes
 
(148.5
)
 
(418.5
)
 
172.5

 
110.3

 
56.4

 
(227.8
)
Equity in (loss) income of subsidiaries
 
(45.4
)
 
67.6

 
21.9

 
—

 
(44.1
)
 
—

Income tax (expense) benefit
 
(48.4
)
 
157.9

 
(85.6
)
 
(38.4
)
 
—

 
(14.5
)
Net (loss) income
 
$
(242.3
)
 
$
(193.0
)
 
$
108.8

 
$
71.9

 
$
12.3

 
$
(242.3
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Other comprehensive income
 
133.9

 
10.3

 
65.8

 
128.7

 
(204.8
)
 
133.9

Comprehensive (loss) income
 
$
(108.4
)
 
$
(182.7
)
 
$
174.6

 
$
200.6

 
$
(192.5
)
 
$
(108.4
)
 
(1) Issuer of obligations under the 2020 Notes, the 2021 Notes, the 2022 Secured Notes, which were redeemed in March 2018, the Unsecured Notes and the 2025 Secured Notes, which were issued in October 2017.
(2) Exclusive of D&A.


SCIENTIFIC GAMES CORPORATION AND SUBSIDIARIES
SUPPLEMENTAL CONDENSED CONSOLIDATING STATEMENT OF
OPERATIONS AND COMPREHENSIVE LOSS
Year Ended December 31, 2016
 
 
SGC (Parent1)
 
SGI (Issuer2)
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminating
Entries
 
Consolidated
Revenue
 
$
—

 
$
469.5

 
$
1,583.5

 
$
1,148.6

 
$
(318.2
)
 
$
2,883.4

Cost of services, cost of product sales and cost of instant products(3)
 
—

 
328.6

 
480.9

 
553.8

 
(257.0
)
 
1,106.3

Selling, general and administrative
 
121.0

 
46.9

 
213.8

 
235.9

 
(40.6
)
 
577.0

Research and development
 
6.1

 
10.7

 
145.2

 
42.8

 
—

 
204.8

Depreciation, amortization and impairments
 
53.5

 
40.9

 
534.6

 
116.0

 
(6.3
)
 
738.7

Goodwill impairment
 
—

 
—

 
—

 
69.0

 
—

 
69.0

Restructuring and other
 
32.6

 
4.6

 
11.7

 
8.1

 
—

 
57.0

Operating (loss) income
 
(213.2
)
 
37.8

 
197.3

 
123.0

 
(14.3
)
 
130.6

Interest expense
 
(21.0
)
 
(640.2
)
 
—

 
(0.2
)
 
—

 
(661.4
)
Gain on debt financing transactions
 
—

 
25.2

 
—

 
—

 
—

 
25.2

Other income (expense), net
 
64.0

 
194.4

 
(227.3
)
 
(4.2
)
 
—

 
26.9

Net (loss) income before equity in income of subsidiaries and income taxes
 
(170.2
)
 
(382.8
)
 
(30.0
)
 
118.6

 
(14.3
)
 
(478.7
)
Equity in (loss) income of subsidiaries
 
(180.1
)
 
48.5

 
61.1

 
—

 
70.5

 
—

Income tax (expense) benefit
 
(3.4
)
 
138.2

 
15.9

 
(25.7
)
 
—

 
125.0

Net (loss) income
 
$
(353.7
)
 
$
(196.1
)
 
$
47.0

 
$
92.9

 
$
56.2

 
$
(353.7
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Other comprehensive (loss) income
 
(111.4
)
 
(1.7
)
 
(43.1
)
 
(135.1
)
 
179.9

 
(111.4
)
Comprehensive (loss) income
 
$
(465.1
)
 
$
(197.8
)
 
$
3.9

 
$
(42.2
)
 
$
236.1

 
$
(465.1
)
 
 
 
 
 
 
 
 
 
 
 
 
 
(1) Issuer of obligations under the 2018 Notes, which were redeemed on March 17, 2017.
(2) Issuer of obligations under the 2020 Notes, the 2021 Notes, the 2022 Secured Notes, which were redeemed in March 2018, and the Unsecured Notes.
(3) Exclusive of D&A.
SCIENTIFIC GAMES CORPORATION AND SUBSIDIARIES
SUPPLEMENTAL CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
Year Ended December 31, 2018
 
 
SGC (Parent)
 
SGI (Issuer1)
 
Guarantor
Subsidiaries
 
Non-
Guarantor
Subsidiaries
 
Eliminating
Entries
 
Consolidated
Net cash (used in) provided by operating activities
 
$
(221.1
)
 
$
18.3

 
$
205.8

 
$
341.2

 
$
1.9

 
$
346.1

Cash flows from investing activities:
 
 
 
 
 
 
 
 
 
 
 
 
  Capital expenditures
 
(35.0
)
 
(63.2
)
 
(145.9
)
 
(146.7
)
 
—

 
(390.8
)
Acquisitions of businesses and assets, net of cash acquired
 
—

 
—

 
(32.1
)
 
(264.5
)
 
—

 
(296.6
)
Proceeds from asset sales
 
—

 
—

 
40.0

 
—

 
—

 
40.0

Acquisitions and additions to equity method investments
 
—

 
(1.9
)
 
—

 
(178.5
)
 
—

 
(180.4
)
Distributions of capital from equity investments
 
—

 
—

 
—

 
29.7

 
—

 
29.7

Other, principally change in intercompany investing activities
 
—

 
(159.3
)
 
—

 
—

 
159.3

 
—

Net cash used in by investing activities
 
(35.0
)
 
(224.4
)
 
(138.0
)
 
(560.0
)
 
159.3

 
(798.1
)
Cash flows from financing activities:
 
 
 
 
 
 
 
 
 
 
 
 
Payments on long-term debt, net of proceeds
 
—

 
245.7

 
—

 
(7.5
)
 
—

 
238.2

Payments of assumed NYX debt and other acquisitions debt
 
—

 
—

 
(1.9
)
 
(288.2
)
 
—

 
(290.1
)
Payments of debt issuance and deferred financing costs
 
—

 
(38.5
)
 
—

 
—

 
—

 
(38.5
)
Payments on license obligations
 
(42.9
)
 
—

 
(2.0
)
 
—

 
—

 
(44.9
)
Net redemptions of common stock under stock-based compensation plans and other
 
(18.4
)
 
—

 
(2.5
)
 
—

 
—

 
(20.9
)
Other, principally change in intercompany financing activities
 
(341.7
)
 
—

 
(61.5
)
 
562.5

 
(159.3
)
 
—

Net cash (used in) provided by financing activities
 
(403.0
)
 
207.2

 
(67.9
)
 
266.8

 
(159.3
)
 
(156.2
)
Effect of exchange rate changes on cash, cash equivalents and restricted cash
 
—

 
—

 
—

 
(5.9
)
 
—

 
(5.9
)
(Decrease) increase in cash, cash equivalents and restricted cash
 
(659.1
)
 
1.1

 
(0.1
)
 
42.1

 
1.9

 
(614.1
)
Cash, cash equivalents, and restricted cash, beginning of period
 
732.6

 
0.6

 
43.9

 
60.2

 
(3.2
)
 
834.1

Cash, cash equivalents and restricted cash, end of period
 
$
73.5

 
$
1.7

 
$
43.8

 
$
102.3

 
$
(1.3
)
 
$
220.0

 
 
 
 
 
 
 
 
 
 
 
 
 
(1) Issuer of obligations under the 2020 Notes, the 2021 Notes, the 2022 Secured Notes, which were redeemed in March 2018, the Unsecured Notes, the 2025 Secured Notes, which were issued in October 2017, and the 2026 Secured Euro Notes and 2026 Unsecured Euro Notes, which were issued in February 2018.


SCIENTIFIC GAMES CORPORATION AND SUBSIDIARIES
SUPPLEMENTAL CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
Year Ended December 31, 2017


SGC (Parent)

SGI (Issuer1)

Guarantor
Subsidiaries

Non-
Guarantor
Subsidiaries

Eliminating
Entries

Consolidated
Net cash (used in) provided by operating activities
 
$
(40.7
)
 
$
(300.0
)
 
$
567.3

 
$
282.6

 
$
(2.1
)
 
$
507.1

Cash flows from investing activities:
 
 
 
 
 
 
 
 
 
 
 
 
  Capital expenditures
 
(53.3
)
 
(31.0
)
 
(128.8
)
 
(80.6
)
 
—

 
(293.7
)
Acquisitions of businesses, net of cash acquired
 
—

 
—

 
(26.3
)
 
(31.4
)
 
—

 
(57.7
)
Acquisitions and additions to equity method investments
 
—

 
—

 
—

 
(107.3
)
 
—

 
(107.3
)
Distributions of capital on equity investments
 
—

 
—

 
—

 
34.1

 
—

 
34.1

Changes in other assets and liabilities and other
 
—

 
—

 
7.5

 
2.5

 
—

 
10.0

Other, principally change in intercompany investing activities
 
—

 
(569.1
)
 
—

 
(120.1
)
 
689.2

 
—

Net cash (used in) provided by investing activities
 
(53.3
)
 
(600.1
)
 
(147.6
)
 
(302.8
)
 
689.2

 
(414.6
)
Cash flows from financing activities:
 
 
 
 
 
 
 
 
 
 
 
 
Net (payments) proceeds of long-term debt including senior notes and term loans
 
(250.0
)
 
957.7

 
—

 
(6.7
)
 
—

 
701.0

Payments of debt issuance and deferred financing costs
 
—

 
(58.7
)
 
—

 
—

 
—

 
(58.7
)
  Payments on license obligations
 
(47.5
)
 
—

 
(5.1
)
 
—

 
—

 
(52.6
)
Net redemptions of common stock under stock-based compensation plans and other
 
(8.5
)
 
—

 
(1.0
)
 
—

 
—

 
(9.5
)
Other, principally change in intercompany financing activities
 
1,099.9

 
—

 
(410.7
)
 
—

 
(689.2
)
 
—

Net cash provided by (used in) financing activities
 
793.9

 
899.0

 
(416.8
)
 
(6.7
)
 
(689.2
)
 
580.2

Effect of exchange rate changes on cash, cash equivalents and restricted cash
 
—

 
—

 
—

 
4.5

 
—

 
4.5

Increase (decrease) in cash, cash equivalents and restricted cash
 
699.9

 
(1.1
)
 
2.9

 
(22.4
)
 
(2.1
)
 
677.2

Cash, cash equivalents, and restricted cash, beginning of period
 
32.7

 
1.7

 
41.0

 
82.6

 
(1.1
)
 
156.9

Cash, cash equivalents and restricted cash, end of period
 
$
732.6

 
$
0.6

 
$
43.9

 
$
60.2

 
$
(3.2
)
 
$
834.1

 
 
 
 
 
 
 
 
 
 
 
 
 
(1) Issuer of obligations under the 2020 Notes, the 2021 Notes, the 2022 Secured Notes, which were redeemed in March 2018, the Unsecured Notes and the 2025 Secured Notes, which were issued in October 2017.

SCIENTIFIC GAMES CORPORATION AND SUBSIDIARIES
SUPPLEMENTAL CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
Year Ended December 31, 2016
 
 
SGC (Parent1)
 
SGI (Issuer2)
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminating
Entries
 
Consolidated
Net cash (used in) provided by operating activities
 
$
(90.4
)
 
$
(259.8
)
 
$
535.0

 
$
235.3

 
$
(1.1
)
 
$
419.0

Cash flows from investing activities:
 
 
 
 
 
 
 
 
 
 
 
 
Capital expenditures
 
(39.1
)
 
(22.8
)
 
(149.5
)
 
(61.5
)
 
—

 
(272.9
)
Distribution of capital on equity investments
 
—

 
—

 
—

 
25.3

 
—

 
25.3

Changes in other assets and liabilities and other
 
—

 
(1.2
)
 
16.8

 
4.0

 
—

 
19.6

Other, principally change in intercompany investing activities
 
—

 
418.4

 
—

 
(194.5
)
 
(223.9
)
 
—

Net cash (used in) provided by investing activities
 
(39.1
)
 
394.4

 
(132.7
)
 
(226.7
)
 
(223.9
)
 
(228.0
)
Cash flows from financing activities:
 
 
 
 
 
 
 
 
 
 
 
 
Net payments on long-term debt
 
—

 
(132.9
)
 
—

 
(6.8
)
 
—

 
(139.7
)
Payments on license obligations
 
(38.0
)
 
—

 
(12.2
)
 
—

 
—

 
(50.2
)
Net (redemptions) issuances of common stock under stock-based compensation plans and other
 
(6.1
)
 
—

 
—

 
—

 
—

 
(6.1
)
Other, principally change in intercompany financing activities
 
163.1

 
—

 
(387.0
)
 
—

 
223.9

 
—

Net cash provided by (used in) financing activities
 
119.0

 
(132.9
)
 
(399.2
)
 
(6.8
)
 
223.9

 
(196.0
)
Effect of exchange rate changes on cash, cash equivalents and restricted cash
 
—

 
—

 
—

 
(4.9
)
 
—

 
(4.9
)
Increase (decrease) in cash, cash equivalents and restricted cash
 
(10.5
)
 
1.7

 
3.1

 
(3.1
)
 
(1.1
)
 
(9.9
)
Cash, cash equivalents, and restricted cash, beginning of period
 
43.2

 
—

 
37.9

 
85.7

 
—

 
166.8

Cash, cash equivalents and restricted cash, end of period
 
$
32.7

 
$
1.7

 
$
41.0

 
$
82.6

 
$
(1.1
)
 
$
156.9

 
 
 
 
 
 
 
 
 
 
 
 
 
(1) Issuer of obligations under the 2018 Notes, which were redeemed on March 17, 2017.
(2) Issuer of obligations under the 2020 Notes, the 2021 Notes, the 2022 Secured Notes, which were redeemed in March 2018, and the Unsecured Notes.