XML 30 R8.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash Flows from Operating Activities      
Net earnings (loss) including noncontrolling interest $ 665.6 $ (1,090.8) $ 469.9
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]      
Depreciation, depletion and amortization 847.6 882.7 883.9
Business Combination, Inventory Acquired, Amortization of Fair Value Adjustment 0.0 (5.5) (49.2)
Deferred and other income taxes (684.0) (261.3) (101.8)
Equity in net loss of nonconsolidated companies, net of dividends 97.1 64.6 12.9
Accretion expense for asset retirement obligations 68.0 62.4 48.0
Accretion expense for leases 24.2 18.6 0.0
Share-based compensation expense 17.8 27.9 27.5
Goodwill, Impairment Loss 0.0 588.6 0.0
Unrealized (gain) loss on derivatives (26.6) (59.2) 58.9
Foreign Currency Transaction Gain, before Tax 14.1 50.1 141.7
Proceeds from Sale of Securities, Operating Activities 34.7 0.0 0.0
Closure costs 0.0 871.0 0.0
Loss (gain) on disposal of fixed assets 16.3 18.7 63.1
Other (19.1) (3.2) 20.1
Changes in assets and liabilities, net of acquisitions:      
Receivables, net (153.6) 34.6 5.9
Inventories, net 191.4 128.1 (497.4)
Other current assets and noncurrent assets 66.1 (36.0) 86.7
Accounts payable and accrued liabilities 333.3 (175.2) 198.5
Other noncurrent liabilities 89.7 (20.7) 41.1
Net cash provided by operating activities 1,582.6 1,095.4 1,409.8
Cash Flows from Investing Activities      
Capital expenditures (1,170.6) (1,272.2) (954.5)
Purchases of available-for-sale securities - restricted (618.7) (557.6) (534.5)
Proceeds from sale of available-for-sale securities - restricted 607.2 533.2 518.8
Proceeds from sale of assets 0.0 4.0 12.6
Payments to acquire businesses, gross 0.0 (55.1) (985.3)
Payments to acquire held-to-maturity securities (6.1) (15.4) 0.0
Proceeds from sale of held-to-maturity securities 1.7 2.3 0.0
Other (3.0) (0.1) (1.8)
Net cash used in investing activities (1,189.5) (1,360.9) (1,944.7)
Cash Flows from Financing Activities      
Repayments of Other Short-term Debt 1,542.5 554.2 144.4
Proceeds from Other Short-term Debt 1,521.1 591.0 155.1
Payments of structured accounts payable arrangements (1,156.2) (977.1) (762.1)
Proceeds from structured accounts payable arrangements 1,037.4 1,124.2 834.1
Payments of long-term debt (66.9) (48.3) (802.9)
Proceeds from issuance of long-term debt 4.7 0.0 39.3
Repurchases of stock 0.0 (149.9) 0.0
Cash dividends paid (75.8) (67.2) (38.5)
Other (5.6) (0.7) (5.4)
Net cash used in financing activities (283.8) (82.2) (724.8)
Effect of exchange rate changes on cash (47.2) 9.0 (63.7)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 62.1 (338.7) (1,323.4)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents - Beginning of Period 532.3 871.0 2,194.4
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents - End of Period 594.4 532.3 871.0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]      
Cash and cash equivalents 574.0 519.1 847.7
Restricted cash in other current assets 8.1 7.8 7.5
Restricted cash in other assets 12.3 5.4 15.8
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents - End of Period $ 594.4 $ 532.3 $ 871.0