XML 69 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Condensed Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended 11 Months Ended 12 Months Ended 1 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Dec. 31, 2008
Successor [Member]
Dec. 31, 2010
Successor [Member]
Dec. 31, 2009
Successor [Member]
Jan. 27, 2008
Predecessor [Member]
Cash flows (used in)/provided by operating activities            
Net (loss)/income $ (471.3) $ (629.3) $ (5,084.3) $ (823.3) $ 846.4 $ (99.3)
Adjustments to reconcile net (loss)/income to cash flows provided by operating activities:            
Income from discontinued operations, before income taxes     (141.5)     (0.1)
Gain on liquidation of LCI-Fifty         (9.0)  
Income from insurance claims for hurricane damage     (185.4)      
Gains on early extinguishments of debt (47.9) (48.7) (742.1) (115.6) (4,965.5)  
Depreciation and amortization 895.9 889.9 1,027.3 1,184.2 1,145.2 104.9
Non-cash write-downs, reserves and recoveries, net 31.6 102.0 51.7 108.1 32.0 (0.1)
Impairment of intangible assets   144.0 5,489.6 193.0 1,638.0  
Share-based compensation expense 17.6 16.5 15.8 18.1 16.4 50.9
Deferred income taxes (263.0) (176.7) (466.7) (467.3) 1,541.2 (19.0)
Gain on investment   (7.1)        
Change in federal income tax receivable   (233.3)        
Federal income tax refund received       220.8    
Gain on adjustment of investment       (7.1)    
Tax benefit from stock equity plans           42.6
Insurance proceeds for business interruption from hurricane losses     97.9      
Net change in long-term accounts (49.1) (38.1) (80.1) (12.3) 74.7 68.3
Net change in working capital accounts 169.9 263.9 403.4 (150.6) (117.4) (167.6)
Other 31.2 25.3 136.5 22.8 18.2 26.6
Cash flows provided by operating activities 314.9 308.4 522.1 170.8 220.2 7.2
Cash flows (used in)/provided by investing activities            
Land, buildings, riverboats and equipment additions, net of change in construction payables (164.9) (124.6) (1,181.4) (160.7) (464.5) (125.6)
Change in restricted cash (544.0)          
Payments to acquire a business including investment in subsidiaries, net of transaction costs (19.0) (44.6)   (44.6)    
Payment made for partnership interest   (19.5)   (19.5)    
Payments to acquire gaming rights (22.7) (16.5)   (16.5)    
Cash acquired in business acquisitions, net of transaction costs   14.4   14.0    
Insurance proceeds for hurricane losses for discontinued operations     83.3      
Insurance proceeds for hurricane losses for continuing operations     98.1      
Payment for Acquisition     (17,490.2)      
Investments in/advances to non-consolidated affiliates and other (76.0) (5.0) (5.9) (64.0) (66.9)  
Proceeds from other asset sales 1.4 14.3 5.1 21.8 20.0 3.1
Other (10.2) (14.4) (23.2) (18.4) (11.9) (1.6)
Cash flows used in investing activities (835.4) (195.9) (18,514.2) (287.9) (523.3) (124.1)
Cash flows provided by/(used in) financing activities            
Proceeds from the issuance of long-term debt 863.8 1,292.2 21,524.9 1,332.2 2,259.6  
Debt issuance costs and fees (17.5) (58.9) (644.5) (64.6) (76.4)  
Borrowings under lending agreements 135.0 1,175.0 433.0 1,175.0 3,076.6 11,316.3
Repayments under lending agreements (135.0) (1,605.0) (6,760.5) (1,625.8) (3,535.1) (11,288.8)
Cash paid in connection with early extinguishments of debt (125.9) (273.5) (2,167.4) (369.1) (1,003.5) (87.7)
Scheduled debt retirements (34.4) (214.7) (6.5) (237.0) (45.5)  
Payment to bondholders for debt exchange     (289.0)      
Equity contribution from buyout     6,007.0      
Purchase of additional interest in subsidiary         (83.7)  
Non-controlling interests' distributions, net of contributions 4.8 (5.8) (14.6) (10.1) (17.2) (1.6)
Proceeds from exercises of stock options           2.4
Excess tax (provision)/benefit from stock equity plans     (50.5)     77.5
Repurchase of treasury shares     (3.6) (1.6) (3.0)  
Other (6.6) (8.3) (1.3) (11.6) (1.1) (0.8)
Cash flows provided by financing activities 684.2 301.0 18,027.0 187.4 570.7 17.3
Cash flows from discontinued operations            
Cash flows from operating activities     4.7     0.5
Cash flows provided by discontinued operations     4.7     0.5
Effect of deconsolidation of variable interest entities   (7.9)   (1.4)    
Net increase/(decrease) in cash and cash equivalents 163.7 405.6 39.6 68.9 267.6 (99.1)
Cash and cash equivalents, beginning of period 987.0 918.1 610.9 918.1 650.5 710.0
Cash and cash equivalents, end of period $ 1,150.7 $ 1,323.7 $ 650.5 $ 987.0 $ 918.1 $ 610.9