XML 19 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
OPERATING ACTIVITIES    
Net loss $ (433.5) $ (97.1)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities of continuing operations:    
Depreciation expense 356.5 325.3
Deferred income tax expense 44.9 34.5
Share-based compensation expense 31.7 31.3
Amortization, net (30.7) (56.2)
Loss on debt extinguishment 19.0 2.6
Loss from discontinued operations, net 8.1 0.4
Gain on bargain purchase (1.8) 0.0
Other (5.3) (18.6)
Changes in operating assets and liabilities (71.1) (2.6)
Net cash provided by (used in) operating activities of continuing operations (82.2) 219.6
INVESTING ACTIVITIES    
Maturities of short-term investments 675.0 1,412.7
Purchases of short-term investments (669.0) (1,040.0)
Additions to property and equipment (378.7) (474.1)
Other 10.0 2.6
Net cash used in investing activities of continuing operations (362.7) (98.8)
FINANCING ACTIVITIES    
Proceeds from Issuance of Senior Long-term Debt 1,000.0 0.0
Reduction of long-term borrowings (771.2) (537.0)
Debt issuance costs (17.0) (5.5)
Cash dividends paid (13.4) (9.4)
Other (4.7) (4.5)
Net cash provided by (used in) financing activities 193.7 (556.4)
Net cash provided by (used in) discontinued operations 2.5 (0.4)
Effect of exchange rate changes on cash and cash equivalents (0.7) 0.7
DECREASE IN CASH AND CASH EQUIVALENTS (249.4) (435.3)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 445.4 1,159.7
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 196.0 $ 724.4