XML 55 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash Flows from Operating Activities    
Net income (loss) $ (87.2) $ (116.3)
Adjustments to reconcile net (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 22.8 27.5
Transfers and retirements of machinery and equipment 19.3 47.4
Deferred income taxes 0 (7.0)
Other non-cash income on release of disposal obligation 0 (44.6)
Convertible preferred stock dividends payable-in-kind 9.9 8.8
Gain on sale of subsidiary (35.6) 0
Inventory valuation adjustments 15.0 0
Changes in operating assets and liabilities:    
Accounts receivable – (increase) (23.9) (9.9)
Inventories, net – (increase) decrease (72.7) 271.1
Payables under Russian Contract – increase 115.0 39.4
Deferred revenue, net of deferred costs – increase 17.6 91.4
Accounts payable and other liabilities – increase (decrease) (80.4) 15.3
Accrued depleted uranium disposition – increase (decrease) 0.3 (145.0)
Other, net (4.7) 2.4
Net Cash Provided by (Used in) Operating Activities (104.6) 180.5
Cash Flows Provided by Investing Activities    
Capital expenditures 0 (3.8)
Deposits for surety bonds - net (increase) decrease (17.5) 99.6
Proceeds from sale of subsidiary 43.2 0
Net Cash Provided by Investing Activities 25.7 95.8
Cash Flows Used in Financing Activities    
Borrowings under revolving credit facility 0 123.6
Repayments under revolving credit facility 0 (123.6)
Repayment of credit facility term loan (83.2) 0
Payments for deferred financing costs (2.2) (10.1)
Common stock issued (purchased), net (0.2) (0.5)
Net Cash (Used in) Financing Activities (85.6) (10.6)
Net Increase (Decrease) (164.5) 265.7
Cash and Cash Equivalents at Beginning of Period 292.9 37.6
Cash and Cash Equivalents at End of Period 128.4 303.3
Supplemental Cash Flow Information:    
Interest paid 20.7 16.5
Income taxes paid, net of refunds $ 0.4 $ 1.3