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Statement Of Cash Flow Information
6 Months Ended
Jun. 30, 2014
Statement Of Cash Flow Information [Abstract]  
Statement Of Cash Flow Information

Note 4  Statement of Cash Flow Information

 

We define cash and cash equivalents as cash and all highly liquid financial instruments with original maturities of three months or less.  The following table provides supplemental cash flow information (in thousands): 

 

 

 

 

 

 

 

 

 

Six Months Ended

 

 

 

June 30,

 

 

 

2014

 

2013

 

 

 

 

 

 

 

Interest paid, net of interest capitalized

$

5,960 

$

20,403 

 

Income taxes paid

$

35,268 

$

49,981 

 

 

Our non-cash investing activities include accruals for property and equipment capital expenditures.   These non-cash investing accruals totaled $65.4 million for the six-month period ended June 30, 2014, which included $57.8 million related to a shipyard payment made in early July 2014, and $10.7 million for the six-month period ended June 30, 2013.  Additionally, $30 million of our non-cash investing activities relates to the promissory note we received in connection with the sale of our Ingleside spoolbase in January 2014 (Note 3).