XML 35 R6.htm IDEA: XBRL DOCUMENT v3.23.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Operating:    
Earnings (loss) from continuing operations after tax $ 30.6 $ (30.7)
Adjustments to reconcile net earnings (loss) from continuing operations to net cash provided from operating activities:    
Depreciation, depletion and amortization 784.0 695.7
Impairment charges and asset derecognition 350.0 144.5
Share-based compensation expense 9.3 10.8
Finance expense 93.7 82.2
Deferred tax recovery (56.2) (36.9)
Foreign exchange losses and other 21.6 64.7
Reclamation expense 23.5 1.8
Changes in operating assets and liabilities:    
Accounts receivable and other assets 17.9 (70.1)
Inventories (261.6) (125.0)
Accounts payable and accrued liabilities 130.4 116.2
Cash flow provided from operating activities 1,143.2 853.2
Income taxes paid (140.7) (158.1)
Net cash flow of continuing operations provided from operating activities 1,002.5 695.1
Net cash flow of discontinued operations provided from operating activities 47.6 440.1
Investing:    
Additions to property, plant and equipment (764.2) (821.7)
Interest paid capitalized to property, plant and equipment (43.7) (47.8)
Acquisitions, net of cash acquired (1,027.5)  
Net additions to long-term investments and other assets (67.2) (66.3)
(Increase) decrease in restricted cash - net (4.2) 0.2
Interest received and other - net 8.8  
Net cash flow of continuing operations used in investing activities (1,898.0) (935.6)
Net cash flow of discontinued operations provided from (used in) investing activities 296.2 (257.0)
Financing:    
Proceeds from drawdown of debt 1,297.6 200.0
Repayment of debt (340.0) (500.0)
Interest paid (52.4) (46.9)
Payment of lease liabilities (23.2) (33.8)
Dividends paid to common shareholders (154.0) (151.1)
Repurchase and cancellation of shares (300.8) (100.2)
Other - net 10.3 8.8
Net cash flow of continuing operations provided from (used in) financing activities 437.5 (623.2)
Effect of exchange rate changes on cash and cash equivalents of continuing operations (0.8) 0.7
Effect of exchange rate changes on cash and cash equivalents of discontinued operations 1.6 0.5
Decrease in cash and cash equivalents (113.4) (679.4)
Cash and cash equivalents, beginning of period 531.5 1,210.9
Cash and cash equivalents, end of period $ 418.1 $ 531.5