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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
OPERATING ACTIVITIES      
Net income $ 1,491.9 $ 1,548.2 $ 732.4
Adjustments to reconcile net earnings to net cash provided from operating activities:      
Depreciation, amortization and depletion 764.4 674.3 671.1
Equity earnings of affiliate, net of dividends received (6.3) (3.9) (12.3)
Loss on foreign currency transaction effect 17.9 17.3 24.9
(Benefit) provision for deferred income taxes (21.0) (51.5) 641.5
Other, net 12.0 27.0 8.9
Change in operating assets and liabilities:      
(Increase) decrease in accounts receivable (10.5) 68.3 (298.7)
(Increase) in inventories (88.7) (190.8) (201.9)
Increase (decrease) in accounts payable and accrued liabilities (184.9) 117.8 139.5
(Increase) decrease in other operating assets and liabilities (62.9) 28.4 271.2
Net cash provided by operating activities 1,911.9 2,235.1 1,976.6
INVESTING ACTIVITIES      
Capital expenditures (707.5) (1,121.4) (1,023.5)
Purchase of short-term investments (284.4) (310.6) (61.3)
Proceeds on sale of short-term investment 417.5 147.3 62.3
Other, net 0.4 (11.5) 3.5
Net cash used in investing activities (574.0) (1,296.2) (1,019.0)
FINANCING ACTIVITIES      
Proceeds from issuance of debt 987.3    
Capitalization of debt issuance cost (9.8)    
Cash dividends paid to common stockholders (1,236.9) (1,082.3) (456.1)
SCC shareholder derivative lawsuit - received from AMC 36.5    
SCC shareholder derivative lawsuit - dividend paid (36.5)    
Distributions to non-controlling interest (3.2) (1.5) (0.3)
Other, net 0.4 0.4 0.3
Net cash provided by (used in) financing activities (262.2) (1,083.4) (456.1)
Effect of exchange rate changes on cash and cash equivalents 4.8 (15.7) (42.7)
Increase (decrease) in cash and cash equivalents 1,080.5 (160.2) 458.8
Cash and cash equivalents, at beginning of year 844.6 1,004.8 546.0
Cash and cash equivalents, at end of year 1,925.1 844.6 1,004.8
Cash paid during the year for:      
Interest 356.7 356.7 356.7
Income taxes 1,138.7 1,155.3 889.8
Workers' participation 224.5 194.0 136.0
Supplemental schedule of non-cash operating, investing and financing activities:      
Decrease (increase) in pension and other post-retirement benefits (7.7) (2.9) 2.9
Capital expenditures incurred but not yet paid $ 2.1 $ 37.7 $ 137.7