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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
OPERATING ACTIVITIES        
Net income $ 404.4 $ 411.1 $ 793.6 $ 882.9
Adjustments to reconcile net earnings to net cash provided from operating activities:        
Depreciation, amortization and depletion 198.8 162.6 380.4 324.6
Equity earnings of affiliate, net of dividends received 1.8 (0.2) 0.6 (0.5)
Loss on foreign currency transaction effect 7.1   9.4 26.4
Provision (benefit) for deferred income taxes 11.4 8.4 50.2 (15.5)
Other, net 3.8 (6.7) 7.4 (7.9)
Change in operating assets and liabilities:        
Decrease in accounts receivable 89.5 60.7 35.3 77.5
(Increase) in inventories (56.8) (28.3) (64.2) (87.6)
(Decrease) in accounts payable and accrued liabilities (195.7) (178.0) (328.6) (94.6)
(Increase) in other operating assets and liabilities (50.2) (23.4) (98.8) (49.2)
Net cash provided by operating activities 414.1 406.2 785.3 1,056.1
INVESTING ACTIVITIES        
Capital expenditures (180.4) (253.9) (353.5) (549.6)
Proceeds from sale (purchase) of short-term investments, net 94.7 5.8 95.0 (0.2)
Other 0.1 (12.4) 0.1 (12.1)
Net cash used in investing activities (85.6) (260.5) (258.4) (561.9)
FINANCING ACTIVITIES        
Cash dividends paid to common stockholders (309.3) (231.9) (618.5) (463.8)
SCC shareholder derivative lawsuit - received from AMC     36.5  
SCC shareholder derivative lawsuit - dividend paid     (36.5)  
Other, net 0.3 0.2 0.3 (0.8)
Net cash used in financing activities (309.0) (231.7) (618.2) (464.6)
Effect of exchange rate changes on cash and cash equivalents (4.3) 50.3 (1.1) (1.9)
Increase (decrease) in cash and cash equivalents 15.2 (35.7) (92.4) 27.7
Cash and cash equivalents, at beginning of year 737.0 1,068.2 844.6 1,004.8
Cash and cash equivalents, at end of year $ 752.2 $ 1,032.5 $ 752.2 $ 1,032.5