XML 43 R6.htm IDEA: XBRL DOCUMENT v3.19.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Operating:    
Net (loss) earnings $ (25.6) $ 442.2
Adjustments to reconcile net (loss) earnings to net cash provided from (used in) operating activities:    
Depreciation, depletion and amortization 772.4 819.4
Gain on disposition of associate and other interests - net (2.1) (55.2)
Impairment, net of reversals   (75.5)
Equity in losses of joint ventures and associate 0.3 1.3
Share-based compensation expense 14.6 13.6
Finance expense 101.2 117.8
Deferred tax expense (recovery) 8.9 (76.4)
Foreign exchange losses (gains) and other 12.5 (31.9)
Reclamation (recovery) expense (8.0) 11.4
Changes in operating assets and liabilities:    
Accounts receivable and other assets (22.7) 108.6
Inventories (5.7) (86.7)
Accounts payable and accrued liabilities 69.8 (48.5)
Cash flow provided from operating activities 915.6 1,140.1
Income taxes paid (126.9) (188.5)
Net cash flow provided from operating activities 788.7 951.6
Investing:    
Additions to property, plant and equipment (1,043.4) (897.6)
Acquisitions (304.2)  
Net additions to long-term investments and other assets (52.9) (73.8)
Net proceeds from the sale of property, plant and equipment 6.4 8.5
Net proceeds from disposition of associate and other interests   269.6
Increase in restricted cash (0.6) (0.5)
Interest received and other 7.7 6.6
Net cash flow used in investing activities (1,387.0) (687.2)
Financing:    
Net proceeds from issuance/drawdown of debt 80.0 494.7
Repayment of debt (80.0) (500.0)
Interest paid (57.9) (62.9)
Issuance of common shares on exercise of options 0.5 0.8
Dividend paid to non-controlling interest (13.0)  
Other (2.2) (1.6)
Net cash flow used in financing activities (72.6) (69.0)
Effect of exchange rate changes on cash and cash equivalents (5.9) 3.4
Decrease (increase) in cash and cash equivalents (676.8) 198.8
Cash and cash equivalents, beginning of period 1,025.8 827.0
Cash and cash equivalents, end of period $ 349.0 $ 1,025.8