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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
OPERATING ACTIVITIES        
Net income $ 411.1 $ 300.5 $ 882.9 $ 615.7
Adjustments to reconcile net income to net cash provided from operating activities:        
Depreciation, amortization and depletion 162.6 171.2 324.6 324.6
Equity earnings of affiliate, net of dividends received (0.2) (1.2) (0.5) (4.0)
Gain (loss) on foreign currency transaction effect   21.7 26.4 52.8
Provision (benefit) for deferred income taxes 8.4 (24.0) (15.5) (40.6)
Other, net (6.7) 1.2 (7.9) 7.6
Change in operating assets and liabilities:        
Decrease (increase) in accounts receivable 60.7 49.5 77.5 (28.2)
(Increase) decrease in inventories (28.3) (37.6) (87.6) (48.3)
(Decrease) increase in accounts payable and accrued liabilities (178.0) (195.1) (94.6) (123.4)
(Increase) decrease in other operating assets and liabilities (23.4) 67.6 (49.2) 87.7
Net cash provided by operating activities 406.2 353.8 1,056.1 843.9
INVESTING ACTIVITIES        
Capital investments (253.9) (252.1) (549.6) (497.7)
Proceeds from sale (purchase) of short-term investments, net 5.8 12.6 (0.2) 11.2
Other (12.4) 0.7 (12.1) 1.1
Net cash used in investing activities (260.5) (238.8) (561.9) (485.4)
FINANCING ACTIVITIES        
Cash dividends paid to common stockholders (231.9) (92.8) (463.8) (154.6)
Other 0.2 0.3 (0.8) 0.3
Net cash used in financing activities (231.7) (92.5) (464.6) (154.3)
Effect of exchange rate changes on cash and cash equivalents 50.3 (32.5) (1.9) (61.5)
(Decrease) increase in cash and cash equivalents (35.7) (10.0) 27.7 142.7
Cash and cash equivalents at beginning of period 1,068.2 698.7 1,004.8 546.0
Cash and cash equivalents at end of period $ 1,032.5 $ 688.7 $ 1,032.5 $ 688.7