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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating activities    
Net income $ 153.1 $ 52.4
Adjustments to reconcile net income to net cash from operating activities    
Depreciation and amortization 489.1 485.4
Stock compensation expense 50.1 34.2
Accretion of debt 14.5 12.3
Deferred tax benefit (3.1) (2.3)
Loss on extinguishment of debt 13.6 53.2
Unrealized loss (gain) on foreign currency option and forward contracts 49.9 (2.8)
Other 20.1 8.7
Changes in assets and liabilities:    
Accounts receivable (199.8) (79.0)
Other assets (40.2) (72.5)
Accounts payable 48.6 (150.7)
Accrued expenses and other liabilities (71.2) 65.7
Cash flows provided by operating activities 524.7 404.6
Investing activities    
Payment for purchases of property and equipment (389.9) (318.5)
Proceeds from sale of assets 59.6 57.9
Other 0.0 8.6
Cash flows used by investing activities (330.3) (252.0)
Financing activities    
Proceeds from issuance of long-term debt 523.5 1,377.8
Repurchase of debt (782.9) (1,334.2)
Proceeds from borrowings on ABL facility 495.0 260.0
Repayment of borrowings on ABL facility (525.0) (260.0)
Repayment of long-term debt and capital leases (80.9) (126.4)
Payment for debt issuance costs (12.8) (24.9)
Proceeds from common stock offering 287.6 0.0
Change in bank overdrafts 11.5 24.9
Payment for tax withholdings for restricted shares (15.2) (9.3)
Dividends paid (3.3) (2.5)
Other (1.0) 11.3
Cash flows used by financing activities (103.5) (83.3)
Effect of exchange rates on cash 8.8 1.2
Net increase in cash 99.7 70.5
Cash and cash equivalents, beginning of period 373.4 289.8
Cash and cash equivalents, end of period 473.1 360.3
Supplemental disclosure of cash flow information:    
Cash paid for interest 176.5 259.1
Cash paid for income taxes $ 59.9 $ 41.7