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Unaudited Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Loss Contingency, Receivable, Proceeds   $ 0
OPERATING ACTIVITIES    
Net loss $ (95,575) (49,627)
Non-cash and non-operating items:    
Depreciation and amortization 145,956 135,271
Unrealized Gain (Loss) on Derivatives and Loss on Sale of Warrants (14,933)  
Unrealized loss (gain) on derivative instruments and loss on sale of warrants (note 15)   (35,515)
Write-down and loss on sales of vessels (note 7) 3,328 51,492
Loss on deconsolidation of Teekay Offshore (note 4) 0 7,070
Equity loss (income), net of dividends received 85,211 (15,207)
Income tax expense 8,440 12,863
Other (26,304) (9,269)
Proceeds from Lease Payments 6,050  
Change in operating assets and liabilities 18,427 14,325
Expenditures for dry docking (34,150) (12,437)
Net operating cash flow 178,924 110,434
Proceeds from Short-term Debt 65,000 0
FINANCING ACTIVITIES    
Proceeds from issuance of long-term debt, net of issuance costs 376,658 409,793
Payment for Debt Extinguishment or Debt Prepayment Cost 759,401  
Prepayments of long-term debt   (295,914)
Scheduled repayments of long-term debt (note 9) (117,110) (171,433)
Repayments of Short-term Debt (50,000) 0
Proceeds from financing related to sale-leaseback of vessels 222,400 243,812
Finance Lease, Principal Payments 45,928 28,819
Net proceeds from equity issuances of Teekay Corporation (note 10) 0 103,657
Repurchase of Teekay LNG common units (12,056) 0
Distributions paid from subsidiaries to non-controlling interests (30,465) (33,872)
Payments of Ordinary Dividends 5,523 11,036
Other financing activities (580) (566)
Net financing cash flow (357,005) 215,622
INVESTING ACTIVITIES    
Expenditures for vessels and equipment, net of warranty settlement $44,890 (2018 – $nil) (note 11a) (89,120) (315,348)
Proceeds from sale of equity-accounted investments and related assets (note 4) 100,000 54,438
Payments to Acquire Equity Method Investments 15,555 27,629
Loans to joint ventures and joint venture partners 0 (24,971)
Cash of transferred subsidiaries on sale, net of proceeds received (note 4) 0 (25,254)
Other investing activities 0 5,560
Net investing cash flow (4,675) (333,204)
Decrease in cash, cash equivalents and restricted cash (182,756) (7,148)
Cash, cash equivalents, restricted cash and restricted cash equivalents, beginning balance 505,639 552,174
Cash, cash equivalents, restricted cash and restricted cash equivalents, ending balance $ 322,883 545,026
Accounting Standards Update 2016-02 [Member]    
Non-cash and non-operating items:    
Proceeds from Lease Payments   $ 5,200