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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating activities:      
Net income (loss) $ 145.7 $ 75.4 $ (137.7)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Goodwill impairment     325.0
Depreciation and amortization 192.9 189.6 160.8
Stock-based compensation expense 23.5 15.7 13.5
Excess tax benefits from stock-based compensation (3.2) (0.6)  
Deferred 60.9 60.1 (23.8)
Net gain on sales of railcars owned more than one year at the time of sale (16.2) (6.6) (18.4)
Gain on disposition of property, plant, equipment, and other assets (8.4) (7.9) (5.8)
Gain on disposition of flood-damaged property, plant, and equipment (17.6) (9.7)  
Other 19.3 5.0 8.8
Changes in assets and liabilities:      
(Increase) decrease in receivables (146.3) (62.2) 91.5
(Increase) decrease in income tax receivable 5.8 3.8 87.5
(Increase) decrease in inventories (212.2) (88.7) 380.1
(Increase) decrease in other assets (13.5) 27.8 (24.1)
Increase (decrease) in accounts payable 73.1 53.4 (140.8)
Increase (decrease) in accrued liabilities (14.2) (59.5) (20.5)
Increase (decrease) in other liabilities 14.7 (25.1) 11.2
Net cash provided by operating activities 104.3 170.5 707.3
Investing activities:      
(Increase) decrease in short-term marketable securities 158.0 (88.0) (70.0)
Proceeds from sale of railcars owned more than one year at the time of sale 60.6 33.6 154.3
Proceeds from lease fleet sales - sale and leaseback 44.4   103.6
Proceeds from disposition of property, plant, equipment, and other assets 11.2 38.9 15.1
Proceeds from disposition of flood-damaged property, plant, and equipment 23.3 12.0  
Capital expenditures - leasing, net of railcars owned one year or less at the time of sale (258.6) (213.8) (343.0)
Capital expenditures - manufacturing and other (52.0) (29.0) (47.4)
Capital expenditures - replacement of flood-damaged property, plant, and equipment (29.4) (12.0)  
Acquisitions, net of cash acquired (42.5) (49.9)  
Net cash required by investing activities (85.0) (308.2) (187.4)
Financing activities:      
Proceeds from issuance of common stock, net 2.1 1.7 1.1
Excess tax benefits from stock-based compensation 3.2 0.6  
Payments to retire debt - assumed debt of Quixote   (40.0)  
Payments to retire debt - other (1,113.0) (363.9) (294.0)
Proceeds from issuance of debt 1,145.9 363.5 281.1
Stock repurchases     (6.3)
(Increase) decrease in restricted cash (33.2) (25.4) (26.5)
Purchase of additional interest in TRIP Holdings   (28.6)  
Dividends paid to common shareholders (27.2) (25.4) (25.3)
Distribution to noncontrolling interest   (2.6)  
Net cash (required) provided by financing activities (22.2) (120.1) (69.9)
Net (decrease) increase in cash and cash equivalents (2.9) (257.8) 450.0
Cash and cash equivalents at beginning of period 354.0 611.8 161.8
Cash and cash equivalents at end of period $ 351.1 $ 354.0 $ 611.8