Consolidating Financial Information of Guarantors and Issuers (Tables)

9 Months Ended

Sep. 30, 2012

Condensed Consolidating Balance Sheet

	CEC (Parent Guarantor)		Subsidiary Issuer			Subsidiary Guarantors of Parent and Subsidiary Guaranteed Debt (a)		Subsidiary Non-Guarantors of Parent and Subsidiary Guaranteed Debt (b)		Subsidiary Non-Guarantors of Parent-Only Guaranteed Debt (a) + (b)		Consolidating/ Eliminating Adjustments			Total
Assets
Cash and cash equivalents	$	19.3	$	430.0		$	289.8	$	450.3	$	740.1	$	—		$	1,189.4
Restricted cash		—		—			—		799.4		799.4		—			799.4
Assets held for sale		—		—			9.7		—		9.7		—			9.7
Other current assets		29.8		339.7			680.0		399.5		1,079.5		(567.7	)		881.3
Property and equipment, net		—		192.8			9,084.2		7,311.6		16,395.8		—			16,588.6
Goodwill		—		—			1,279.2		1,821.6		3,100.8		—			3,100.8
Intangible assets other than goodwill		—		4.4			3,259.4		778.9		4,038.3		—			4,042.7
Investments in subsidiaries		—		12,440.2			759.7		899.7		1,659.4		(14,099.6	)		—
Restricted cash		—		—			—		269.3		269.3		—			269.3
Intercompany receivables		660.1		1,088.3			585.9		153.6		739.5		(2,487.9	)		—
Assets held for sale		—		—			592.3		—		592.3		—			592.3
Other long-term assets		0.6		317.4			178.2		373.2		551.4		—			869.4
	$	709.8	$	14,812.8		$	16,718.4	$	13,257.1	$	29,975.5	$	(17,155.2	)	$	28,342.9
Liabilities and Stockholders’ Equity/(Deficit)
Interest payable	$	—	$	326.3		$	1.7	$	20.7	$	22.4	$	—		$	348.7
Current portion of long-term debt		—		11.9			21.9		763.5		785.4		—			797.3
Liabilities held for sale		—		—			8.2		—		8.2		—			8.2
Other current liabilities		33.9		398.6			816.9		789.4		1,606.3		(567.7	)		1,471.1
Long-term debt		—		14,733.7			52.5		6,074.8		6,127.3		(899.8	)		19,961.2
Accumulated losses of subsidiaries in excess of investment		587.5		—			—		—		—		(587.5	)		—
Deferred credits and other		—		611.5			161.0		119.6		280.6		—			892.1
Deferred income taxes		—		376.6			2,427.3		1,945.7		4,373.0		—			4,749.6
Intercompany payables		55.0		714.4			871.7		846.8		1,718.5		(2,487.9	)		—
		676.4		17,173.0			4,361.2		10,560.5		14,921.7		(4,542.9	)		28,228.2
Total Caesars stockholders’ equity/(deficit)		33.4		(2,360.2	)		12,357.2		2,615.3		14,972.5		(12,612.3	)		33.4
Non-controlling interests		—		—			—		81.3		81.3		—			81.3
Total equity/(deficit)		33.4		(2,360.2	)		12,357.2		2,696.6		15,053.8		(12,612.3	)		114.7
	$	709.8	$	14,812.8		$	16,718.4	$	13,257.1	$	29,975.5	$	(17,155.2	)	$	28,342.9

	CEC (Parent Guarantor)		Subsidiary Issuer			Subsidiary Guarantors of Parent and Subsidiary Guaranteed Debt (a)		Subsidiary Non-Guarantors of Parent and Subsidiary Guaranteed Debt (b)		Subsidiary Non-Guarantors of Parent-Only Guaranteed Debt (a) + (b)		Consolidating/ Eliminating Adjustments			Total
Assets
Cash and cash equivalents	$	3.9	$	16.6		$	372.5	$	501.6	$	874.1	$	—		$	894.6
Assets held for sale		—		—			11.6		—		11.6		—			11.6
Other current assets		15.7		322.4			672.1		418.5		1,090.6		(497.7	)		931.0
Property and equipment, net		—		205.6			9,499.8		7,364.5		16,864.3		—			17,069.9
Goodwill		—		—			1,526.2		1,834.2		3,360.4		—			3,360.4
Intangible assets other than goodwill		—		4.9			3,524.2		834.1		4,358.3		—			4,363.2
Investments in subsidiaries		535.8		13,568.0			886.8		882.9		1,769.7		(15,873.5	)		—
Restricted cash		—		—			—		451.1		451.1		—			451.1
Intercompany receivables		469.0		1,102.8			586.0		98.7		684.7		(2,256.5	)		—
Assets held for sale		—		—			593.4		—		593.4		—			593.4
Other long-term assets		5.0		324.9			187.1		323.4		510.5		—			840.4
	$	1,029.4	$	15,545.2		$	17,859.7	$	12,709.0	$	30,568.7	$	(18,627.7	)	$	28,515.6
Liabilities and Stockholders’ Equity/(Deficit)
Interest payable	$	—	$	174.0		$	0.8	$	16.6	$	17.4	$	—		$	191.4
Current portion of long-term debt		—		20.2			7.0		13.2		20.2		—			40.4
Liabilities held for sale		—		—			10.1		—		10.1		—			10.1
Other current liabilities		22.7		303.5			830.4		702.0		1,532.4		(497.7	)		1,360.9
Long-term debt		—		14,446.3			69.8		6,100.7		6,170.5		(857.3	)		19,759.5
Deferred credits and other		—		612.5			166.0		123.3		289.3		—			901.8
Deferred income taxes		—		647.7			2,558.8		1,991.6		4,550.4		—			5,198.1
Intercompany payables		—		420.2			871.7		964.6		1,836.3		(2,256.5	)		—
		22.7		16,624.4			4,514.6		9,912.0		14,426.6		(3,611.5	)		27,462.2
Total Caesars stockholders’ equity/(deficit)		1,006.7		(1,079.2	)		13,345.1		2,750.3		16,095.4		(15,016.2	)		1,006.7
Non-controlling interests		—		—			—		46.7		46.7		—			46.7
Total equity/(deficit)		1,006.7		(1,079.2	)		13,345.1		2,797.0		16,142.1		(15,016.2	)		1,053.4
	$	1,029.4	$	15,545.2		$	17,859.7	$	12,709.0	$	30,568.7	$	(18,627.7	)	$	28,515.6

Condensed Consolidating Statement of Comprehensive Income/(Loss)

	CEC (Parent Guarantor)			Subsidiary Issuer			Subsidiary Guarantors of Parent and Subsidiary Guaranteed Debt (a)			Subsidiary Non-Guarantors of Parent and Subsidiary Guaranteed Debt (b)			Subsidiary Non-Guarantors of Parent-Only Guaranteed Debt (a) + (b)			Consolidating/ Eliminating Adjustments			Total
Net revenues	$	—		$	29.4		$	1,275.0		$	939.5		$	2,214.5		$	(45.5	)	$	2,198.4
Direct operating expenses		—			12.1			681.2			454.3			1,135.5			—			1,147.6
Property, general, administrative, and other		—			—			297.8			283.1			580.9			(37.7	)		543.2
Depreciation and amortization		—			1.7			112.4			67.9			180.3			—			182.0
Intangible and tangible asset impairment charges		—			—			416.0			3.0			419.0			—			419.0
Loss/(income) on interests in subsidiaries		503.9			224.0			(4.1	)		—			(4.1	)		(723.8	)		—
Corporate expense		6.4			34.9			8.1			10.2			18.3			(7.8	)		51.8
Other operating expenses		—			1.3			58.6			15.5			74.1			—			75.4
Total operating expenses		510.3			274.0			1,570.0			834.0			2,404.0			(769.3	)		2,419.0
(Loss)/income from operations		(510.3	)		(244.6	)		(295.0	)		105.5			(189.5	)		723.8			(220.6	)
Interest expense, net of interest capitalized		(0.4	)		(482.0	)		(7.2	)		(76.8	)		(84.0	)		50.7			(515.7	)
Other income, including interest income		4.3			10.7			5.3			35.0			40.3			(50.7	)		4.6
(Loss)/income from continuing operations before income taxes		(506.4	)		(715.9	)		(296.9	)		63.7			(233.2	)		723.8			(731.7	)
Benefit/(provision) for income taxes		0.9			171.0			57.5			(4.9	)		52.6			1.0			225.5
Net (loss)/income from continuing operations, net of taxes		(505.5	)		(544.9	)		(239.4	)		58.8			(180.6	)		724.8			(506.2	)
Discontinued operations
Income from discontinued operations		—			—			4.6			—			4.6			—			4.6
Provision for income taxes		—			—			(0.8	)		—			(0.8	)		(1.0	)		(1.8	)
Income from discontinued operations, net of income taxes		—			—			3.8			—			3.8			(1.0	)		2.8
Net (loss)/income		(505.5	)		(544.9	)		(235.6	)		58.8			(176.8	)		723.8			(503.4	)
Less: net loss attributable to non-controlling interests		—			—			—			(2.1	)		(2.1	)		—			(2.1	)
Net (loss)/income attributable to Caesars		(505.5	)		(544.9	)		(235.6	)		56.7			(178.9	)		723.8			(505.5	)
Other comprehensive income/(loss):
Total other comprehensive income/(loss), net of income taxes		—			6.8			—			(8.3	)		(8.3	)		—			(1.5	)
Less: foreign currency translation adjustments attributable to non-controlling interests		—			—			—			0.2			0.2			—			0.2
Comprehensive (loss)/income attributable to Caesars	$	(505.5	)	$	(538.1	)	$	(235.6	)	$	48.6		$	(187.0	)	$	723.8		$	(506.8	)

	CEC (Parent Guarantor)			Subsidiary Issuer			Subsidiary Guarantors of Parent and Subsidiary Guaranteed Debt (a)			Subsidiary Non-Guarantors of Parent and Subsidiary Guaranteed Debt (b)			Subsidiary Non-Guarantors of Parent-Only Guaranteed Debt (a) + (b)			Consolidating/ Eliminating Adjustments			Total
Net revenues	$	—		$	29.0		$	1,316.2		$	893.7		$	2,209.9		$	(49.2	)	$	2,189.7
Direct operating expenses		—			13.4			700.0			457.7			1,157.7			—			1,171.1
Property, general, administrative, and other		—			12.6			327.3			239.3			566.6			(34.9	)		544.3
Depreciation and amortization		—			1.7			106.0			69.1			175.1			—			176.8
Intangible and tangible asset impairment charges		—			—			—			27.1			27.1			—			27.1
Write-downs, reserves, and project opening costs, net of recoveries		—			10.6			4.3			(2.4	)		1.9			—			12.5
Loss/(income) on interests in subsidiaries		161.7			(87.4	)		(11.5	)		—			(11.5	)		(62.8	)		—
Corporate expense		7.0			20.0			7.2			16.6			23.8			(14.3	)		36.5
Other operating expenses		(0.2	)		0.3			24.4			17.1			41.5			—			41.6
Total operating expenses		168.5			(28.8	)		1,157.7			824.5			1,982.2			(112.0	)		2,009.9
(Loss)/income from operations		(168.5	)		57.8			158.5			69.2			227.7			62.8			179.8
Interest expense, net of interest capitalized		—			(413.5	)		(7.3	)		(74.1	)		(81.4	)		44.6			(450.3	)
Other income, including interest income		3.3			14.3			3.8			31.4			35.2			(44.6	)		8.2
(Loss)/income from continuing operations before income taxes		(165.2	)		(341.4	)		155.0			26.5			181.5			62.8			(262.3	)
Benefit/(provision) for income taxes		1.2			148.2			(58.7	)		(16.9	)		(75.6	)		3.9			77.7
Net (loss)/income from continuing operations, net of taxes		(164.0	)		(193.2	)		96.3			9.6			105.9			66.7			(184.6	)
Discontinued operations
Income from discontinued operations		—			—			18.4			—			18.4			—			18.4
Provision for income taxes		—			—			(3.3	)		—			(3.3	)		(3.9	)		(7.2	)
Income from discontinued operations, net of income taxes		—			—			15.1			—			15.1			(3.9	)		11.2
Net (loss)/income		(164.0	)		(193.2	)		111.4			9.6			121.0			62.8			(173.4	)
Less: net income attributable to non-controlling interests		—			—			—			9.4			9.4			—			9.4
Net (loss)/income attributable to Caesars		(164.0	)		(193.2	)		111.4			19.0			130.4			62.8			(164.0	)
Other comprehensive loss:
Total other comprehensive loss, net of income taxes		—			(27.6	)		—			(3.0	)		(3.0	)		—			(30.6	)
Less: foreign currency translation adjustments attributable to non-controlling interests		—			—			—			(0.2	)		(0.2	)		—			(0.2	)
Comprehensive (loss)/income attributable to Caesars	$	(164.0	)	$	(220.8	)	$	111.4		$	15.8		$	127.2		$	62.8		$	(194.8	)

	CEC (Parent Guarantor)			Subsidiary Issuer			Subsidiary Guarantors of Parent and Subsidiary Guaranteed Debt (a)			Subsidiary Non-Guarantors of Parent and Subsidiary Guaranteed Debt (b)			Subsidiary Non-Guarantors of Parent-Only Guaranteed Debt (a) + (b)			Consolidating/ Eliminating Adjustments			Total
Net revenues	$	—		$	83.0		$	3,832.8		$	2,800.6		$	6,633.4		$	(143.9	)	$	6,572.5
Direct operating expenses		—			33.9			2,053.2			1,373.5			3,426.7			—			3,460.6
Property, general, administrative, and other		—			12.2			872.6			812.1			1,684.7			(119.0	)		1,577.9
Depreciation and amortization		—			5.1			330.8			210.7			541.5			—			546.6
Intangible and tangible asset impairment charges		—			—			616.5			104.0			720.5			—			720.5
Loss/(income) on interests in subsidiaries		1,024.2			219.0			0.8			—			0.8			(1,244.0	)		—
Corporate expense		18.5			98.4			21.9			31.3			53.2			(24.9	)		145.2
Other operating expenses		—			6.9			124.8			72.3			197.1			—			204.0
Total operating expenses		1,042.7			375.5			4,020.6			2,603.9			6,624.5			(1,387.9	)		6,654.8
(Loss)/income from operations		(1,042.7	)		(292.5	)		(187.8	)		196.7			8.9			1,244.0			(82.3	)
Interest expense, net of interest capitalized		(0.4	)		(1,452.9	)		(21.8	)		(248.7	)		(270.5	)		149.5			(1,574.3	)
Gains on early extinguishments of debt		—			—			—			79.5			79.5			—			79.5
Other income, including interest income		13.3			40.0			16.1			99.5			115.6			(149.5	)		19.4
(Loss)/income from continuing operations before income taxes		(1,029.8	)		(1,705.4	)		(193.5	)		127.0			(66.5	)		1,244.0			(1,557.7	)
Benefit/(provision) for income taxes		2.0			525.1			18.2			(52.1	)		(33.9	)		9.7			502.9
Net (loss)/income from continuing operations, net of taxes		(1,027.8	)		(1,180.3	)		(175.3	)		74.9			(100.4	)		1,253.7			(1,054.8	)
Discontinued operations
Income from discontinued operations		—			—			46.5			—			46.5			—			46.5
Provision for income taxes		—			—			(8.3	)		—			(8.3	)		(9.7	)		(18.0	)
Income from discontinued operations, net of income taxes		—			—			38.2			—			38.2			(9.7	)		28.5
Net (loss)/income		(1,027.8	)		(1,180.3	)		(137.1	)		74.9			(62.2	)		1,244.0			(1,026.3	)
Less: net loss attributable to non-controlling interests		—			—			—			(1.5	)		(1.5	)		—			(1.5	)
Net (loss)/income attributable to Caesars		(1,027.8	)		(1,180.3	)		(137.1	)		73.4			(63.7	)		1,244.0			(1,027.8	)
Other comprehensive (loss)/income:
Total other comprehensive (loss)/income, net of income taxes		—			(19.0	)		—			29.7			29.7			—			10.7
Less: foreign currency translation adjustments attributable to non-controlling interests		—			—			—			(1.3	)		(1.3	)		—			(1.3	)
Comprehensive (loss)/income attributable to Caesars	$	(1,027.8	)	$	(1,199.3	)	$	(137.1	)	$	101.8		$	(35.3	)	$	1,244.0		$	(1,018.4	)

	CEC (Parent Guarantor)			Subsidiary Issuer			Subsidiary Guarantors of Parent and Subsidiary Guaranteed Debt (a)			Subsidiary Non-Guarantors of Parent and Subsidiary Guaranteed Debt (b)			Subsidiary Non-Guarantors of Parent-Only Guaranteed Debt (a) + (b)			Consolidating/ Eliminating Adjustments			Total
Net revenues	$	—		$	92.3		$	3,884.4		$	2,649.6		$	6,534.0		$	(158.8	)	$	6,467.5
Direct operating expenses		—			38.4			2,058.1			1,346.8			3,404.9			—			3,443.3
Property, general, administrative, and other		—			40.0			939.5			696.5			1,636.0			(104.1	)		1,571.9
Depreciation and amortization		—			5.1			320.1			193.4			513.5			—			518.6
Intangible and tangible asset impairment charges		—			—			—			27.1			27.1			—			27.1
Write-downs, reserves, and project opening costs, net of recoveries		—			38.7			16.6			4.7			21.3			—			60.0
Loss/(income) on interests in subsidiaries		462.3			(316.1	)		(37.7	)		—			(37.7	)		(108.5	)		—
Corporate expense		17.2			75.2			15.5			61.9			77.4			(54.7	)		115.1
Other operating expenses		—			1.0			72.7			51.8			124.5			—			125.5
Total operating expenses		479.5			(117.7	)		3,384.8			2,382.2			5,767.0			(267.3	)		5,861.5
(Loss)/income from operations		(479.5	)		210.0			499.6			267.4			767.0			108.5			606.0
Interest expense, net of interest capitalized		—			(1,328.9	)		(25.5	)		(241.0	)		(266.5	)		147.1			(1,448.3	)
Gains on early extinguishments of debt		—			—			—			47.9			47.9			—			47.9
Other income, including interest income		10.0			37.9			13.2			102.7			115.9			(147.1	)		16.7
(Loss)/income from continuing operations before income taxes		(469.5	)		(1,081.0	)		487.3			177.0			664.3			108.5			(777.7	)
Benefit/(provision) for income taxes		2.5			496.1			(183.8	)		(56.0	)		(239.8	)		12.4			271.2
Net (loss)/income from continuing operations, net of taxes		(467.0	)		(584.9	)		303.5			121.0			424.5			120.9			(506.5	)
Discontinued operations
Income from discontinued operations		—			—			57.9			—			57.9			—			57.9
Provision for income taxes		—			—			(10.3	)		—			(10.3	)		(12.4	)		(22.7	)
Income from discontinued operations, net of income taxes		—			—			47.6			—			47.6			(12.4	)		35.2
Net (loss)/income		(467.0	)		(584.9	)		351.1			121.0			472.1			108.5			(471.3	)
Less: net income attributable to non-controlling interests		—			—			—			4.3			4.3			—			4.3
Net (loss)/income attributable to Caesars		(467.0	)		(584.9	)		351.1			125.3			476.4			108.5			(467.0	)
Other comprehensive loss:
Total other comprehensive loss, net of income taxes		—			(3.6	)		—			(23.4	)		(23.4	)		—			(27.0	)
Less: foreign currency translation adjustments attributable to non-controlling interests		—			—			—			(3.6	)		(3.6	)		—			(3.6	)
Comprehensive (loss)/income attributable to Caesars	$	(467.0	)	$	(588.5	)	$	351.1		$	98.3		$	449.4		$	108.5		$	(497.6	)

Condensed Consolidating Statement of Cash Flows

	CEC (Parent Guarantor)			Subsidiary Issuer			Subsidiary Guarantors of Parent and Subsidiary Guaranteed Debt (a)			Subsidiary Non-Guarantors of Parent and Subsidiary Guaranteed Debt (b)			Subsidiary Non-Guarantors of Parent-Only Guaranteed Debt (a) + (b)			Consolidating/ Eliminating Adjustments			Total
Cash flows provided by/(used in) operating activities	$	262.5		$	53.8		$	(82.7	)	$	15.0		$	(67.7	)	$	9.7		$	258.3
Cash flows from investing activities
Acquisitions of property and equipment, net of change in construction payables		—			(0.7	)		(104.6	)		(198.7	)		(303.3	)		—			(304.0	)
Change in restricted cash		—			—			—			(551.0	)		(551.0	)		—			(551.0	)
Payments to acquire business, net of transactions costs and cash acquired		—			—			—			7.7			7.7			—			7.7
Return of investment in subsidiary		—			—			92.5			—			92.5			(92.5	)		—
Investments in/advances to non-consolidated affiliates and other		—			—			—			(22.8	)		(22.8	)		—			(22.8	)
Purchase of additional interests in subsidiaries		(127.7	)		(22.8	)		—			—			—			150.5			—
Cash received in conjunction with the sale of a subsidiary, net of cash contributed		—			—			—			42.4			42.4			—			42.4
Payments to acquire investments		—			—			—			(36.0	)		(36.0	)		—			(36.0	)
Proceeds from the sale and maturity of investments		—			—			—			27.0			27.0			—			27.0
Other		(0.6	)		—			(8.0	)		2.3			(5.7	)		—			(6.3	)
Cash flows (used in)/provided by investing activities		(128.3	)		(23.5	)		(20.1	)		(729.1	)		(749.2	)		58.0			(843.0	)
Cash flows from financing activities
Proceeds from issuance of long-term debt		—			110.9			—			2,358.5			2,358.5			—			2,469.4
Assumption of debt issued by non-guarantors		—			1,250.0			—			(1,250.0	)		(1,250.0	)		—			—
Debt issuance costs and fees		—			(24.7	)		—			(7.2	)		(7.2	)		—			(31.9	)
Borrowings under lending agreements		—			453.0			—			—			—			—			453.0
Repayments under lending agreements		—			(608.0	)		—			—			—			—			(608.0	)
Cash paid for early extinguishments of debt		—			(1,095.6	)		—			(355.0	)		(355.0	)		—			(1,450.6	)
Scheduled debt retirements		—			(11.3	)		(1.4	)		—			(1.4	)		—			(12.7	)
Purchase of additional interests in subsidiary		—			—			(9.6	)		—			(9.6	)		—			(9.6	)
Proceeds from sale of additional interest in a subsidiary		—			—			—			32.2			32.2			—			32.2
Issuance of common stock in public offering, net of fees		17.4			—			—			—			—			—			17.4
Other		—			—			(8.2	)		(1.0	)		(9.2	)		—			(9.2	)
Transfers (to)/from affiliates		(136.2	)		308.8			0.1			(114.7	)		(114.6	)		(58.0	)		—
Cash flows (used in)/provided by financing activities		(118.8	)		383.1			(19.1	)		662.8			643.7			(58.0	)		850.0
Cash flows from discontinued operations
Cash flows from operating activities		—			—			39.9			—			39.9			(9.7	)		30.2
Cash flows from investing activities		—			—			(2.3	)		—			(2.3	)		—			(2.3	)
Net cash provided by discontinued operations		—			—			37.6			—			37.6			(9.7	)		27.9
Net increase/(decrease) in cash and cash equivalents		15.4			413.4			(84.3	)		(51.3	)		(135.6	)		—			293.2
Change in cash classified as assets held for sale		—			—			1.6			—			1.6			—			1.6
Cash and cash equivalents, beginning of period		3.9			16.6			372.5			501.6			874.1			—			894.6
Cash and cash equivalents, end of period	$	19.3		$	430.0		$	289.8		$	450.3		$	740.1		$	—		$	1,189.4

	CEC (Parent Guarantor)			Subsidiary Issuer			Subsidiary Guarantors of Parent and Subsidiary Guaranteed Debt (a)			Subsidiary Non-Guarantors of Parent and Subsidiary Guaranteed Debt (b)			Subsidiary Non-Guarantors of Parent-Only Guaranteed Debt (a) + (b)			Consolidating/ Eliminating Adjustments			Total
Cash flows provided by/(used in) operating activities	$	169.4		$	(62.6	)	$	(43.9	)	$	205.3		$	161.4		$	—		$	268.2
Cash flows from investing activities
Acquisitions of property and equipment, net of change in construction payables		—			(8.8	)		(79.8	)		(73.0	)		(152.8	)		—			(161.6	)
Change in restricted cash		—			—			—			(544.0	)		(544.0	)		—			(544.0	)
Payments to acquire certain gaming rights		—			—			—			(22.7	)		(22.7	)		—			(22.7	)
Payments to acquire a business, net of transaction costs and cash acquired		(108.5	)		(103.2	)		(15.6	)		(19.0	)		(34.6	)		227.3			(19.0	)
Investment in/advances to non-consolidated affiliates and other		—			—			—			(76.0	)		(76.0	)		—			(76.0	)
Payments to acquire investments		—			—			—			(23.8	)		(23.8	)		—			(23.8	)
Proceeds from the sale and maturity of investments		—			—			—			14.0			14.0			—			14.0
Other		—			—			(3.8	)		4.8			1.0			—			1.0
Cash flows (used in)/provided by investing activities		(108.5	)		(112.0	)		(99.2	)		(739.7	)		(838.9	)		227.3			(832.1	)
Cash flows from financing activities
Proceeds from the issuance of long-term debt		—			418.3			—			445.5			445.5			—			863.8
Debt issuance costs and fees		—			(3.2	)		—			(14.3	)		(14.3	)		—			(17.5	)
Borrowings under lending agreements		—			135.0			—			—			—			—			135.0
Repayments under lending agreements		—			(135.0	)		—			—			—			—			(135.0	)
Cash paid for early extinguishments of debt		—			—			(1.2	)		(124.7	)		(125.9	)		—			(125.9	)
Scheduled debt retirements		—			(19.3	)		—			(15.1	)		(15.1	)		—			(34.4	)
Other		(1.6	)		—			(5.0	)		4.8			(0.2	)		—			(1.8	)
(Distributions to) and transfers from Affiliates		(82.0	)		24.7			15.6			269.0			284.6			(227.3	)		—
Cash flows (used in)/provided by financing activities		(83.6	)		420.5			9.4			565.2			574.6			(227.3	)		684.2
Cash flows from discontinued operations
Cash flows from operating activities		—			—			46.7			—			46.7			—			46.7
Cash flows from investing activities		—			—			(3.3	)		—			(3.3	)		—			(3.3	)
Net cash provided by discontinued operations		—			—			43.4			—			43.4			—			43.4
Net (decrease)/increase in cash and cash equivalents		(22.7	)		245.9			(90.3	)		30.8			(59.5	)		—			163.7
Change in cash classified as assets held for sale		—			—			2.0			—			2.0			—			2.0
Cash and cash equivalents, beginning of period		136.0			61.0			344.7			431.8			776.5			—			973.5
Cash and cash equivalents, end of period	$	113.3		$	306.9		$	256.4		$	462.6		$	719.0		$	—		$	1,139.2