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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating Activities:    
Net income $ 56.4 $ 3.9
Adjustments to reconcile net income to net cash flow provided by operating activities:    
Depreciation and amortization 94.8 89.9
Deferred tax (benefit) provision 3.4 (1.4)
Stock-based compensation 10.8 10.6
Provision for doubtful accounts 3.4 (1.0)
Accretion expense 1.3 1.2
Net gain on dispositions (1.1) (2.9)
Impairment charge 0.0 42.9
Equity in earnings of investee companies, net of tax (2.5) (2.0)
Distributions from investee companies 1.6 1.3
Amortization of deferred financing costs and debt discount and premium 3.0 2.8
Cash paid for direct lease acquisition costs (24.0) (20.5)
Change in assets and liabilities, net of investing and financing activities:    
Increase in receivables (15.5) (8.6)
Increase in prepaid MTA equipment deployment costs (46.2) (31.8)
Increase in prepaid expenses and other current assets (2.2) (2.3)
Decrease in accounts payable and accrued expenses (7.0) (19.3)
Increase in deferred revenues 1.1 7.5
Decrease in income taxes (3.5) (3.0)
Other, net 9.7 0.9
Net cash flow provided by (used for) operating activities 83.5 68.2
Investing Activities:    
Capital expenditures (39.6) (46.4)
Acquisitions (34.4) (4.3)
MTA franchise rights (10.7) (6.1)
Net proceeds from dispositions 2.2 3.4
Net cash flow provided by (used for) investing activities (82.5) (53.4)
Financing Activities:    
Proceeds from long-term debt borrowings 705.0 79.0
Repayments of long-term debt borrowings (55.0) (10.0)
Proceeds from borrowings under short-term debt facilities 30.0 75.0
Repayments of borrowings under short-term debt facilities (190.0) (55.0)
Payments of deferred financing costs (8.6) (0.1)
Proceeds from shares issued under the ATM Program 50.9 0.0
Taxes withheld for stock-based compensation (7.7) (8.1)
Dividends (103.9) (102.0)
Net cash flow provided by (used for) financing activities 420.7 (21.2)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 0.4 (0.2)
Net increase (decrease) in cash, cash equivalents and restricted cash 422.1 (6.6)
Cash, cash equivalents and restricted cash, beginning of period 54.1 48.3
Cash, cash equivalents and restricted cash, end of period 476.2 41.7
Supplemental disclosure of cash flow Information:    
Cash paid for income taxes 5.3 5.9
Cash paid for interest 64.3 58.5
Non-cash investing and financing activities:    
Accrued purchases of property and equipment 11.4 6.8
Accrued MTA franchise rights $ 3.3 $ 0.0