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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Nov. 30, 2021
Nov. 30, 2020
Cash flows from operating activities    
Net earnings (loss) $ 5.6 $ (6.7)
Adjustments to reconcile net earnings (loss) to net cash provided by (used in) operating activities:    
Deferred income taxes (4.8) 2.3
Depreciation and amortization 25.4 26.0
Net gain on disposition of equipment (8.5) (0.9)
Accretion of debt discount   1.4
Stock based compensation expense 1.1 4.4
Noncontrolling interest adjustments (0.3) (1.3)
Other 0.7 0.6
Decrease (increase) in assets:    
Accounts receivable, net (86.9) (6.4)
Inventories (64.4) 13.4
Leased railcars for syndication (29.5) 6.2
Other assets (5.9) 2.2
Increase (decrease) in liabilities:    
Accounts payable and accrued liabilities (24.1) (27.2)
Deferred revenue (5.1) (5.4)
Net cash provided by (used in) operating activities (196.7) 8.6
Cash flows from investing activities    
Proceeds from sales of assets 28.0 8.7
Capital expenditures (186.9) (38.6)
Investments in and advances to / repayments from unconsolidated affiliates 0.2 4.5
Cash distribution from unconsolidated affiliates and other   0.5
Net cash used in investing activities (158.7) (24.9)
Cash flows from financing activities    
Net change in revolving notes with maturities of 90 days or less 147.6 (9.7)
Proceeds from revolving notes with maturities longer than 90 days   110.0
Repayments of revolving notes with maturities longer than 90 days   (175.0)
Repayments of notes payable (2.0) (8.9)
Debt issuance costs (1.2)  
Dividends (9.3) (9.2)
Cash distribution to joint venture partner (1.0) (2.8)
Tax payments for net share settlement of restricted stock (3.4) (2.3)
Net cash provided by (used in) financing activities 130.7 (97.9)
Effect of exchange rate changes (8.8) 5.2
Decrease in cash and cash equivalents and restricted cash (233.5) (109.0)
Cash and cash equivalents and restricted cash    
Cash and cash equivalents and restricted cash, Beginning balance 671.4 842.1
Cash and cash equivalents and restricted cash, Ending balance 437.9 733.1
Balance sheet reconciliation    
Cash and cash equivalents 410.8 724.6
Restricted cash 27.1 8.5
Total cash and cash equivalents and restricted cash as presented above 437.9 733.1
Cash (received) paid during the period for    
Interest 10.6 6.3
Income taxes, net (0.7) 5.2
Non-cash activity    
Transfers between Leased railcars for syndication and Inventories and Equipment on operating leases, net (13.8) 75.7
Capital expenditures accrued in Accounts payable and accrued liabilities 1.6 1.8
Change in Accounts payable and accrued liabilities associated with dividends declared (0.6) (0.6)
Change in Accounts payable and accrued liabilities associated with cash distributions to joint venture partner $ 0.4 $ 0.8