XML 26 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income (loss) $ 164.9 $ 49.2 $ (589.5)
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities      
Depreciation 226.0 216.6 216.0
Amortization 24.1 18.4 21.2
Asset impairment charge 75.6 0.0 0.0
Impairment of Magnetation and AFSG investments 0.0 0.0 297.9
Charge (credit) for transportation costs affected by termination of pellet agreement (19.3) 32.9 0.0
Deferred income taxes (9.0) (4.1) (12.8)
Contributions to pension trust (44.1) 0.0 (24.1)
Pension and OPEB expense (income) (64.4) (43.8) (63.0)
Pension and OPEB net corridor charge 0.0 43.1 131.2
Pension settlement charges 0.0 25.0 0.0
Affiliate (earnings) losses and distributions,net (3.5) (6.0) 19.7
(Gains) losses on retirement of debt 21.3 9.2 (9.8)
Mark-to-market (gains) losses on derivative contracts (45.7) 1.2 13.3
Other operating items, net 23.6 9.0 (19.5)
Change in assets and liabilities, net of effect of acquired business:      
Accounts receivable (34.4) 0.1 228.1
Inventories (116.7) 129.6 172.9
Accounts payable and other current liabilities 46.2 (143.2) (139.7)
Charge for facility idling 0.0 0.0 28.1
Other assets (6.5) 40.9 (7.6)
Other pension payments (1.1) (33.0) (12.7)
OPEB payments (39.6) (34.4) (48.3)
Other liabilities 1.4 (6.1) (1.1)
Net cash flows from operating activities 198.8 304.6 200.3
Cash flows from investing activities:      
Capital investments (152.5) (127.6) (99.0)
Investments in acquired business, net of cash acquired (360.4) 0.0 0.0
Proceeds from sale of equity investee 0.0 0.0 25.0
Proceeds from AFSG Holdings, Inc. distribution 0.0 0.0 14.0
Other investing items, net 4.2 2.3 12.5
Net cash flows from investing activities (508.7) (125.3) (47.5)
Cash flows from financing activities:      
Net borrowings (repayments) under credit facility 450.0 (550.0) (55.0)
Proceeds from issuance of long-term debt 680.0 380.0 0.0
Redemption of long-term debt (848.4) (392.8) (14.1)
Proceeds from issuance of common stock 0.0 600.4 0.0
Debt issuance costs (25.3) (20.4) 0.0
SunCoke Middletown distributions to noncontrolling interest owners (79.1) (85.1) (96.3)
Other financing items, net (2.5) 5.2 (1.0)
Net cash flows from financing activities 174.7 (62.7) (166.4)
Net increase (decrease) in cash and cash equivalents (135.2) 116.6 (13.6)
Cash and cash equivalents, beginning of year 173.2 56.6 70.2
Cash and cash equivalents, end of year 38.0 173.2 56.6
Consolidated Entity Excluding Variable Interest Entities (VIE) [Member]      
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities      
Depreciation 209.8 201.7 201.7
SunCoke Middletown [Member]      
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities      
Depreciation 16.2 14.9 14.3
Cash flows from financing activities:      
SunCoke Middletown distributions to noncontrolling interest owners $ (79.1) $ (85.1) $ (96.3)